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Swedish (OMX) Software Industry Analysis

UpdatedFeb 15, 2026
DataAggregated Company Financials
Companies66
  • 7D-3.8%
  • 3M-19.8%
  • 1Y-49.9%
  • YTD-18.3%

Over the last 7 days, the Software industry has dropped 3.8%, driven by a pullback from Lime Technologies of 25%. On the other hand Briox is actually up 13%. The industry has fallen 50% in the last year. As for the next few years, earnings are expected to grow by 45% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Feb 2026SEK 58.2bSEK 48.0bSEK 2.0b22x29.2x1.2x
Tue, 13 Jan 2026SEK 69.1bSEK 48.0bSEK 2.2b27x31.7x1.4x
Thu, 11 Dec 2025SEK 74.3bSEK 48.1bSEK 2.2b27.5x33.4x1.5x
Sat, 08 Nov 2025SEK 75.1bSEK 49.0bSEK 2.3b28.1x32.7x1.5x
Mon, 06 Oct 2025SEK 91.4bSEK 49.9b-SEK 3,689,625,942.8632.9x-24.8x1.8x
Wed, 03 Sep 2025SEK 90.9bSEK 49.9b-SEK 3,640,182,550.4735.9x-25x1.8x
Fri, 01 Aug 2025SEK 99.9bSEK 50.0b-SEK 3,400,582,233.8834.3x-29.4x2x
Sun, 29 Jun 2025SEK 158.5bSEK 52.5b-SEK 2,694,034,657.0933.2x-58.8x3x
Tue, 27 May 2025SEK 152.8bSEK 52.3b-SEK 2,714,474,957.8828.8x-56.3x2.9x
Thu, 24 Apr 2025SEK 155.9bSEK 51.8b-SEK 2,769,216,524.4635.3x-56.3x3x
Sat, 22 Mar 2025SEK 151.1bSEK 51.6b-SEK 3,146,302,480.6634.7x-48x2.9x
Mon, 17 Feb 2025SEK 162.9bSEK 50.6b-SEK 9,643,541,021.6939.9x-16.9x3.2x
Wed, 15 Jan 2025SEK 140.1bSEK 49.6b-SEK 9,714,896,648.7342x-14.4x2.8x
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
Price to Earnings Ratio

-26.6x


Total Market Cap: SEK 141.7bTotal Earnings: -SEK 5,328,024,614.00Total Revenue: SEK 48.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Software Industry Price to Earnings3Y Average -22.8x202420252026
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 industry is trading at a PE ratio of 29.2x which is higher than its 3-year average PE of -22.8x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.2x.
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 remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

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

SE Market-1.01%
Tech-1.09%
Software-3.81%
Application Software-3.22%
Systems Software-7.16%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 42.7x.
    • Analysts expect its future annual earnings growth (33.1%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Application Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings decline of 3.3% per year.
  • In contrast, the Systems Software industry is expected to see its earnings grow by 33% 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
BRIX BrioxSEK 22.0012.5%
+SEK 186.3m
300.0%PS62x
EYEW Eye WorldSEK 23.2014.9%
+SEK 120.6m
28.5%PS23.7x
TRUE B TruecallerSEK 14.592.2%
+SEK 104.0m
-78.8%PE10.2x
CLAV Clavister Holding AB (publ.)SEK 4.005.0%
+SEK 70.6m
102.5%PS6.8x
NEO B Neovici HoldingSEK 3.5979.5%
+SEK 69.5m
-52.1%n/a

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