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Swedish (OMX) Software Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies70
  • 7D-5.1%
  • 3M-29.1%
  • 1Y7.0%
  • YTD3.8%

Over the last 7 days, the Software industry has dropped 5.1%, driven by a decline by Sinch of 10%. Meanwhile, Truecaller actually outperformed within the industry, gaining 12% in the last week. This takes the industry's 12 month performance to a gain of 7.0%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021kr259.5bkr26.1bkr738.6m91x
Mon, 01 Nov 2021kr274.1bkr23.3bkr541.1m82.4x
Wed, 29 Sep 2021kr217.1bkr21.6bkr484.9m79.5x
Fri, 27 Aug 2021kr229.7bkr21.4bkr482.6m82.3x
Sat, 03 Jul 2021kr182.2bkr21.4bkr482.6m66.2x
Tue, 06 Apr 2021kr173.1bkr18.9bkr423.0m58.7x
Fri, 08 Jan 2021kr146.7bkr16.3bkr303.7m125.7x
Thu, 01 Oct 2020kr91.1bkr15.9b-kr62,664,576.7072.7x
Sun, 05 Jul 2020kr85.6bkr15.8b-kr301,297,681.7150.6x
Wed, 08 Apr 2020kr50.1bkr15.2b-kr220,341,392.2356.4x
Tue, 31 Dec 2019kr45.7bkr14.2b-kr8,932,404.1056.6x
Fri, 04 Oct 2019kr36.2bkr12.6bkr109.8m38.8x
Mon, 08 Jul 2019kr35.2bkr9.1b-kr67,105,962.0036.8x
Sun, 31 Mar 2019kr28.3bkr8.7b-kr121,990,324.0033x
Wed, 02 Jan 2019kr23.9bkr8.4b-kr199,702,713.1226x
PE Ratio

26x

Total Market Cap: kr23.9bTotal Earnings: -kr199,702,713.12Total Revenue: kr8.4b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 88.3x which is higher than its 3-year average PE of 61.0x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: Total earnings for the Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 46% per year. This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

Systems Software0.19%
Application Software-5.09%

Industry PE: Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 61.9x. This is likely because analysts are expecting annual earnings growth of 42%, which is higher than its past year's earnings growth of 12% per year. Meanwhile, investors are most pessimistic about the Systems Software industry, which is trading below its 3-year average of 223x.

Forecasted Growth: Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 55% over the next 5 years. Meanwhile, the Application Software industry is expected to see its earnings grow by 42% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
TRUE B Truecaller12.1%+kr4.6bn/aPE384.6x
PAGERO Pagero Group7.7%+kr215.9mn/an/a
QBIT QuickBit eu15.5%+kr73.4m-17.5%PS0.2x
SLEEP Sleep Cycle5.4%+kr69.9mn/aPE218.3x
FPIP Formpipe Software2.9%+kr59.1m41.5%PE40.7x
Simply Wall St
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Latest News

SINCH

kr106.40

Sinch

7D

-10.0%

1Y

-4.5%

SIGNUP

kr101.00

SignUp Software

7D

-3.8%

1Y

n/a

QBIT

kr6.18

QuickBit eu

7D

15.5%

1Y

-17.5%

FNOX

kr530.00

Fortnox

7D

-11.7%

1Y

41.0%