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Swedish (OMX) Software Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies65
- 7D-2.6%
- 3M-1.5%
- 1Y8.2%
- YTD9.8%
Over the last 7 days, the Software industry has dropped 2.6%, driven by a pullback from Yubico of 7.7%. Over the past 12 months, the industry was up 8.2%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | SEK 145.8b | SEK 49.3b | -SEK 9,682,184,653.70 | 40.4x | -15.1x | 3x |
| Tue, 19 Nov 2024 | SEK 139.0b | SEK 48.5b | -SEK 9,780,403,618.28 | 42x | -14.2x | 2.9x |
| Thu, 17 Oct 2024 | SEK 141.8b | SEK 47.7b | -SEK 4,202,417,432.23 | 38x | -33.7x | 3x |
| Sat, 14 Sep 2024 | SEK 139.6b | SEK 47.7b | -SEK 4,159,453,364.76 | 38.5x | -33.6x | 2.9x |
| Mon, 12 Aug 2024 | SEK 140.5b | SEK 47.4b | -SEK 4,307,694,273.40 | 53.7x | -32.6x | 3x |
| Wed, 10 Jul 2024 | SEK 138.6b | SEK 47.5b | -SEK 4,471,270,677.68 | 55.3x | -31x | 2.9x |
| Fri, 07 Jun 2024 | SEK 139.9b | SEK 47.6b | -SEK 4,427,769,868.74 | 56.4x | -31.6x | 2.9x |
| Sun, 05 May 2024 | SEK 143.5b | SEK 50.4b | -SEK 4,619,516,305.27 | 50x | -31.1x | 2.8x |
| Tue, 02 Apr 2024 | SEK 147.5b | SEK 51.2b | -SEK 4,783,648,081.45 | 48.7x | -30.8x | 2.9x |
| Thu, 29 Feb 2024 | SEK 159.5b | SEK 52.1b | -SEK 5,152,207,987.80 | 57.7x | -31x | 3.1x |
| Sat, 27 Jan 2024 | SEK 153.4b | SEK 50.4b | -SEK 4,773,063,677.00 | 67.9x | -32.1x | 3x |
| Mon, 25 Dec 2023 | SEK 149.5b | SEK 50.3b | -SEK 4,645,700,895.00 | 65.9x | -32.2x | 3x |
| Wed, 22 Nov 2023 | SEK 129.4b | SEK 51.1b | -SEK 4,826,970,042.00 | 53.4x | -26.8x | 2.5x |
| Fri, 20 Oct 2023 | SEK 117.6b | SEK 50.8b | -SEK 9,483,738,791.00 | 45.4x | -12.4x | 2.3x |
| Sun, 17 Sep 2023 | SEK 119.1b | SEK 51.0b | -SEK 9,558,807,874.00 | 44.2x | -12.5x | 2.3x |
| Tue, 15 Aug 2023 | SEK 129.7b | SEK 50.9b | -SEK 9,603,627,188.00 | 46x | -13.5x | 2.5x |
| Thu, 13 Jul 2023 | SEK 128.3b | SEK 50.3b | -SEK 9,467,096,029.00 | 41.7x | -13.6x | 2.6x |
| Sat, 10 Jun 2023 | SEK 128.6b | SEK 50.5b | -SEK 9,584,041,106.00 | 40.2x | -13.4x | 2.5x |
| Mon, 08 May 2023 | SEK 135.3b | SEK 50.1b | -SEK 9,336,787,119.00 | 41.6x | -14.5x | 2.7x |
| Wed, 05 Apr 2023 | SEK 133.7b | SEK 49.7b | -SEK 9,214,369,757.00 | 40.3x | -14.5x | 2.7x |
| Fri, 03 Mar 2023 | SEK 139.3b | SEK 49.4b | -SEK 8,991,537,362.00 | 36.9x | -15.5x | 2.8x |
| Sun, 29 Jan 2023 | SEK 148.5b | SEK 46.3b | -SEK 4,791,950,774.00 | 41.3x | -31x | 3.2x |
| Tue, 27 Dec 2022 | SEK 131.5b | SEK 45.9b | -SEK 4,758,958,811.00 | 31.3x | -27.6x | 2.9x |
| Thu, 24 Nov 2022 | SEK 129.7b | SEK 45.7b | -SEK 4,817,366,704.00 | 34.9x | -26.9x | 2.8x |
| Sat, 22 Oct 2022 | SEK 121.6b | SEK 41.9b | SEK 43.8m | 33.5x | 2776.2x | 2.9x |
| Mon, 19 Sep 2022 | SEK 125.2b | SEK 41.6b | SEK 45.9m | 37.8x | 2729.2x | 3x |
| Wed, 17 Aug 2022 | SEK 148.8b | SEK 41.2b | SEK 170.2m | 40.7x | 874.7x | 3.6x |
| Fri, 15 Jul 2022 | SEK 130.4b | SEK 37.2b | SEK 162.5m | 29.8x | 802.6x | 3.5x |
| Sun, 12 Jun 2022 | SEK 153.1b | SEK 37.1b | SEK 228.7m | 36.2x | 669.4x | 4.1x |
| Tue, 10 May 2022 | SEK 146.7b | SEK 34.9b | SEK 89.1m | 38.1x | 1646x | 4.2x |
| Thu, 07 Apr 2022 | SEK 188.4b | SEK 32.0b | -SEK 93,323,332.00 | 60.2x | -2018.4x | 5.9x |
| Sat, 05 Mar 2022 | SEK 172.6b | SEK 32.0b | SEK 200.3m | 51.3x | 861.6x | 5.4x |
| Mon, 31 Jan 2022 | SEK 202.3b | SEK 26.8b | SEK 659.9m | 72.9x | 306.5x | 7.5x |
| Wed, 29 Dec 2021 | SEK 257.7b | SEK 26.7b | SEK 643.8m | 86.1x | 400.3x | 9.7x |
Price to Earnings Ratio
400.3x
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 3.4x is higher than the industry's current PS ratio of 3.0x.
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 | -2.70% | |
| Tech | -1.73% | |
| Software | -2.58% | |
| Application Software | -1.71% | |
| Systems Software | -6.96% | |
Industry PE
- Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 18.6x.
- 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 37% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VIT B Vitec Software Group | SEK 530.50 | 3.9% +SEK 797.0m | -7.6% | PE53.7x | |
| LIME Lime Technologies | SEK 355.50 | 3.2% +SEK 146.1m | 17.5% | PE52.9x | |
| 247 24SevenOffice Group | SEK 23.90 | 4.8% +SEK 74.8m | 142.4% | PS4.1x | |
| CLAV Clavister Holding AB (publ.) | SEK 2.22 | 11.3% +SEK 60.2m | -10.1% | PS3.3x | |
| NORDIG Nord Insuretech Group | SEK 0.38 | 90.0% +SEK 43.8m | -57.2% | PS11.9x |
