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Swedish (OMX) Software Industry Analysis

UpdatedDec 13, 2024
DataAggregated Company Financials
Companies66
  • 7D-1.9%
  • 3M6.8%
  • 1Y11.2%
  • YTD13.3%

Last week, the Software industry hasn't moved much but Sinch is up 7.1% in that time. The past year has been better, since the industry has gained 17% in that time. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

Has the Swedish Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Dec 2024SEK 150.5bSEK 49.3b-SEK 9,725,434,510.1542.9x-15.5x3.1x
Sun, 10 Nov 2024SEK 142.0bSEK 48.7b-SEK 9,972,661,006.0040.7x-14.2x2.9x
Tue, 08 Oct 2024SEK 143.2bSEK 47.7b-SEK 4,181,093,217.5139.2x-34.2x3x
Thu, 05 Sep 2024SEK 140.9bSEK 47.7b-SEK 4,185,158,301.8438.6x-33.7x3x
Sat, 03 Aug 2024SEK 139.7bSEK 47.5b-SEK 4,390,577,783.5953.5x-31.8x2.9x
Mon, 01 Jul 2024SEK 138.5bSEK 47.4b-SEK 4,442,797,276.3855.4x-31.2x2.9x
Wed, 29 May 2024SEK 141.2bSEK 47.2b-SEK 4,568,098,288.7156.9x-30.9x3x
Fri, 26 Apr 2024SEK 139.7bSEK 50.6b-SEK 4,823,754,569.2546.1x-29x2.8x
Sun, 24 Mar 2024SEK 148.9bSEK 51.2b-SEK 4,731,392,223.8250.1x-31.5x2.9x
Tue, 20 Feb 2024SEK 159.0bSEK 52.9b-SEK 4,318,371,552.1857.7x-36.8x3x
Thu, 18 Jan 2024SEK 143.3bSEK 50.4b-SEK 4,778,014,391.0065.4x-30x2.8x
Sat, 16 Dec 2023SEK 150.9bSEK 50.4b-SEK 4,712,144,352.0057.7x-32x3x
Mon, 13 Nov 2023SEK 120.7bSEK 51.2b-SEK 4,906,194,014.0050.6x-24.6x2.4x
Wed, 11 Oct 2023SEK 116.4bSEK 50.8b-SEK 9,455,146,027.0044.6x-12.3x2.3x
Fri, 08 Sep 2023SEK 120.8bSEK 51.0b-SEK 9,555,096,045.0044.9x-12.6x2.4x
Sun, 06 Aug 2023SEK 133.1bSEK 50.7b-SEK 9,502,238,329.0046.4x-14x2.6x
Tue, 04 Jul 2023SEK 123.4bSEK 50.5b-SEK 9,613,633,088.0039.5x-12.8x2.4x
Thu, 01 Jun 2023SEK 130.8bSEK 50.4b-SEK 9,585,656,775.0040.4x-13.7x2.6x
Sat, 29 Apr 2023SEK 135.7bSEK 50.4b-SEK 9,319,240,511.0042.4x-14.6x2.7x
Mon, 27 Mar 2023SEK 128.3bSEK 49.3b-SEK 9,179,823,678.0044.6x-14x2.6x
Wed, 22 Feb 2023SEK 141.7bSEK 48.8b-SEK 5,328,024,614.0043.1x-26.6x2.9x
Fri, 20 Jan 2023SEK 146.2bSEK 46.2b-SEK 4,759,178,339.0031.8x-30.7x3.2x
Sun, 18 Dec 2022SEK 133.7bSEK 45.8b-SEK 4,754,549,058.0032.4x-28.1x2.9x
Tue, 15 Nov 2022SEK 146.2bSEK 45.9b-SEK 4,826,231,907.0035.2x-30.3x3.2x
Thu, 13 Oct 2022SEK 106.5bSEK 41.7bSEK 34.5m31.8x3086.1x2.6x
Sat, 10 Sep 2022SEK 131.2bSEK 41.5bSEK 59.0m40.1x2224.2x3.2x
Mon, 08 Aug 2022SEK 150.2bSEK 40.9bSEK 206.2m27.7x728.1x3.7x
Wed, 06 Jul 2022SEK 136.1bSEK 37.2bSEK 224.3m31.8x606.9x3.7x
Fri, 03 Jun 2022SEK 164.1bSEK 36.7bSEK 190.9m43.9x859.4x4.5x
Sun, 01 May 2022SEK 163.9bSEK 35.5b-SEK 152,074,549.0042x-1077.8x4.6x
Tue, 29 Mar 2022SEK 188.2bSEK 32.0bSEK 168.9m54.8x1114.3x5.9x
Thu, 24 Feb 2022SEK 171.7bSEK 31.0bSEK 486.3m56.9x353.1x5.5x
Sat, 22 Jan 2022SEK 217.4bSEK 26.8bSEK 624.7m72.7x348x8.1x
Mon, 20 Dec 2021SEK 245.8bSEK 26.6bSEK 629.2m75.6x390.6x9.2x
Price to Earnings Ratio

390.6x


Total Market Cap: SEK 245.8bTotal Earnings: SEK 629.2mTotal Revenue: SEK 26.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Software Industry Price to Earnings3Y Average 253.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 23% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Swedish Tech industry?

SE Market-0.91%
Tech0.73%
Software-1.89%
Application Software-0.16%
Systems Software-9.78%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 17.9x.
    • Analysts are expecting annual earnings growth of 31.4%, which is lower than the prior year's growth of 109.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Systems Software industry is expected to see its earnings grow by 31% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TRUE B TruecallerSEK 54.504.3%
+SEK 772.0m
54.0%PE38.2x
SINCH SinchSEK 21.474.2%
+SEK 734.7m
-40.3%PS0.6x
SKOLON SkolonSEK 32.6017.7%
+SEK 130.1m
81.1%PS5.9x
BRIX BrioxSEK 5.6034.0%
+SEK 94.6m
166.7%PS12.2x
ARCA ArcarioSEK 0.03426.5%
+SEK 87.1m
84.2%PS0.6x
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Latest News

VIT B

SEK 513.00

Vitec Software Group

7D

-0.3%

1Y

-9.4%

YUBICO

SEK 260.00

Yubico

7D

-10.0%

1Y

125.3%

SINCH

SEK 21.47

Sinch

7D

4.2%

1Y

-40.3%

TRUE B

SEK 54.50

Truecaller

7D

4.3%

1Y

54.0%

FNOX

SEK 72.70

Fortnox

7D

-3.9%

1Y

17.6%

CINT

SEK 14.28

Cint Group

7D

2.0%

1Y

42.7%

ONEF

SEK 32.30

Oneflow

7D

-7.2%

1Y

44.2%

FPIP

SEK 25.40

Formpipe Software

7D

2.8%

1Y

2.8%

GREAT

SEK 32.10

Greater Than

7D

7.0%

1Y

-49.8%

BRIX

SEK 5.60

Briox

7D

34.0%

1Y

166.7%

EOID

SEK 9.61

Eyeon Group

7D

-39.9%

1Y

532.2%

BFG

SEK 52.00

Byggfakta Group Nordic HoldCo

7D

-0.6%

1Y

42.5%

PAGERO

SEK 49.00

Pagero Group

7D

-0.8%

1Y

218.6%