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Swedish (OMX) Application Software Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies64
  • 7D2.2%
  • 3M3.2%
  • 1Y-2.7%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 1.1%, driven by gains from Sinch of 22%. In contrast, the industry has lost 3.7% in the last 12 months. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024SEK 119.2bSEK 44.8b-SEK 4,564,416,206.2237.5x-26.1x2.7x
Sun, 23 Jun 2024SEK 113.3bSEK 44.7b-SEK 4,487,345,820.8050.6x-25.2x2.5x
Tue, 21 May 2024SEK 132.4bSEK 47.6b-SEK 4,630,341,005.7952.4x-28.6x2.8x
Thu, 18 Apr 2024SEK 123.8bSEK 48.5b-SEK 4,934,426,523.6751.1x-25.1x2.6x
Sat, 16 Mar 2024SEK 129.8bSEK 48.4b-SEK 4,754,668,473.8255.1x-27.3x2.7x
Mon, 12 Feb 2024SEK 132.2bSEK 49.4b-SEK 4,918,795,451.7959.6x-26.9x2.7x
Wed, 10 Jan 2024SEK 134.8bSEK 49.5b-SEK 4,660,653,758.0060.2x-28.9x2.7x
Fri, 08 Dec 2023SEK 127.5bSEK 49.5b-SEK 4,646,361,835.0056.6x-27.4x2.6x
Sun, 05 Nov 2023SEK 102.6bSEK 50.2b-SEK 9,694,115,692.0044.3x-10.6x2x
Tue, 03 Oct 2023SEK 116.0bSEK 50.0b-SEK 9,411,579,889.0044.5x-12.3x2.3x
Thu, 31 Aug 2023SEK 118.7bSEK 50.1b-SEK 9,446,318,917.0041.3x-12.6x2.4x
Sat, 29 Jul 2023SEK 134.3bSEK 49.9b-SEK 9,430,500,142.0042.8x-14.2x2.7x
Mon, 26 Jun 2023SEK 124.7bSEK 49.7b-SEK 9,501,306,109.0041.8x-13.1x2.5x
Wed, 24 May 2023SEK 134.3bSEK 49.6b-SEK 9,415,870,591.0039.2x-14.3x2.7x
Fri, 21 Apr 2023SEK 127.9bSEK 48.7b-SEK 9,145,426,688.0039.7x-14x2.6x
Sun, 19 Mar 2023SEK 129.9bSEK 48.6b-SEK 9,087,464,239.0039.3x-14.3x2.7x
Tue, 14 Feb 2023SEK 146.6bSEK 45.9b-SEK 4,500,985,841.0032.6x-32.6x3.2x
Thu, 12 Jan 2023SEK 143.0bSEK 45.5b-SEK 4,643,790,439.0036.1x-30.8x3.1x
Sat, 10 Dec 2022SEK 133.5bSEK 44.9b-SEK 4,692,662,071.0037.7x-28.5x3x
Mon, 07 Nov 2022SEK 132.8bSEK 44.8b-SEK 4,853,688,565.0037.7x-27.4x3x
Wed, 05 Oct 2022SEK 113.9bSEK 40.9bSEK 160.9m38.8x707.7x2.8x
Fri, 02 Sep 2022SEK 124.6bSEK 40.8bSEK 168.5m48.5x739.3x3.1x
Sun, 31 Jul 2022SEK 152.0bSEK 40.0bSEK 330.7m40x459.5x3.8x
Tue, 28 Jun 2022SEK 141.3bSEK 36.5bSEK 371.1m44.6x380.7x3.9x
Thu, 26 May 2022SEK 149.3bSEK 36.1bSEK 270.4m49.9x552x4.1x
Sat, 23 Apr 2022SEK 173.9bSEK 31.3bSEK 25.1m51.1x6927.9x5.5x
Mon, 21 Mar 2022SEK 191.2bSEK 31.3bSEK 275.7m55.2x693.7x6.1x
Wed, 16 Feb 2022SEK 210.2bSEK 27.0bSEK 653.8m72.9x321.6x7.8x
Fri, 14 Jan 2022SEK 230.0bSEK 26.2bSEK 756.1m85.7x304.2x8.8x
Sun, 12 Dec 2021SEK 254.3bSEK 26.1bSEK 754.7m73.6x336.9x9.7x
Tue, 09 Nov 2021SEK 242.0bSEK 25.0bSEK 913.3m93.7x265x9.7x
Thu, 07 Oct 2021SEK 209.1bSEK 21.1bSEK 598.9m81.5x349.1x9.9x
Sat, 04 Sep 2021SEK 236.3bSEK 20.9bSEK 596.5m90x396.1x11.3x
Mon, 02 Aug 2021SEK 216.5bSEK 20.9bSEK 596.5m80.6x363x10.3x
Price to Earnings Ratio

363x


Total Market Cap: SEK 216.5bTotal Earnings: SEK 596.5mTotal Revenue: SEK 20.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Application Software Industry Price to Earnings3Y Average 413x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 4.4x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • Total earnings for the Application Software industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 29% 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 Comparison

How does Swedish Application Software compare with similar industries?

SE Market-1.57%
Tech-1.98%
Software1.85%
Application Software2.18%
Systems Software0.39%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SINCH SinchSEK 28.2519.7%
+SEK 3.9b		-0.7%PE121.6x
CINT Cint GroupSEK 10.402.5%
+SEK 53.2m		-6.5%PS0.9x
QBIT QuickBit euSEK 3.628.1%
+SEK 37.8m		185.0%PS0.8x
VIT B Vitec Software GroupSEK 551.000.2%
+SEK 37.5m		-8.2%PE55.9x
247 24SevenOffice GroupSEK 24.002.1%
+SEK 34.0m		265.9%PS4.6x
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Latest News

UPSALE

SEK 32.00

Upsales Technology

7D

-5.9%

1Y

-26.6%

TRUE B

SEK 33.44

Truecaller

7D

-5.5%

1Y

-22.1%

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SINCH

SEK 28.25

Sinch

7D

19.7%

1Y

-0.7%

VIT B

SEK 551.00

Vitec Software Group

7D

0.2%

1Y

-8.2%

CINT

SEK 10.40

Cint Group

7D

2.5%

1Y

-6.5%

VERT B

SEK 44.90

Vertiseit

7D

-7.4%

1Y

104.1%

247

SEK 24.00

24SevenOffice Group

7D

2.1%

1Y

265.9%

LIME

SEK 353.50

Lime Technologies

7D

-3.4%

1Y

30.9%

IAR B

SEK 163.50

IAR Systems Group

7D

-3.8%

1Y

78.3%

ONEF

SEK 36.10

Oneflow

7D

2.0%

1Y

4.9%

TERRNT B

SEK 0.17

Terranet

7D

17.2%

1Y

30.4%

HOYLU

SEK 1.80

Hoylu

7D

19.2%

1Y

-23.7%

QBIT

SEK 3.62

QuickBit eu

7D

8.1%

1Y

185.0%

QuickBit eu AB (publ) (NGM:QBIT) Held Back By Insufficient Growth Even After Shares Climb 116%

May 29
QuickBit eu AB (publ) (NGM:QBIT) Held Back By Insufficient Growth Even After Shares Climb 116%

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%