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Swedish (OMX) Application Software Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies58
  • 7D-1.7%
  • 3M-2.6%
  • 1Y-0.1%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 2.6%, driven by declines in Sinch and Truecaller of 6.7% and 6.3%, respectively. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024SEK 122.6bSEK 46.2b-SEK 10,057,098,871.0539.4x-12.2x2.7x
Tue, 19 Nov 2024SEK 115.0bSEK 45.5b-SEK 10,120,209,588.2838.7x-11.4x2.5x
Thu, 17 Oct 2024SEK 116.9bSEK 44.8b-SEK 4,335,366,402.2335.3x-27x2.6x
Sat, 14 Sep 2024SEK 117.9bSEK 44.8b-SEK 4,292,402,334.7637.4x-27.5x2.6x
Mon, 12 Aug 2024SEK 116.6bSEK 44.7b-SEK 4,411,185,273.4038.2x-26.4x2.6x
Wed, 10 Jul 2024SEK 114.4bSEK 44.7b-SEK 4,565,289,677.6850.4x-25.1x2.6x
Fri, 07 Jun 2024SEK 116.7bSEK 44.8b-SEK 4,521,788,868.7451.3x-25.8x2.6x
Sun, 05 May 2024SEK 124.4bSEK 47.7b-SEK 4,688,697,305.2747x-26.5x2.6x
Tue, 02 Apr 2024SEK 128.8bSEK 48.5b-SEK 4,871,176,081.4554.4x-26.4x2.7x
Thu, 29 Feb 2024SEK 137.7bSEK 49.4b-SEK 5,238,885,987.8053.7x-26.3x2.8x
Sat, 27 Jan 2024SEK 138.5bSEK 49.6b-SEK 4,713,173,293.0062.9x-29.4x2.8x
Mon, 25 Dec 2023SEK 137.3bSEK 49.5b-SEK 4,591,140,511.0058.5x-29.9x2.8x
Wed, 22 Nov 2023SEK 118.5bSEK 50.3b-SEK 4,773,742,658.0056.8x-24.8x2.4x
Fri, 20 Oct 2023SEK 106.5bSEK 50.0b-SEK 9,420,551,407.0044.8x-11.3x2.1x
Sun, 17 Sep 2023SEK 117.1bSEK 50.2b-SEK 9,495,620,490.0045.2x-12.3x2.3x
Tue, 15 Aug 2023SEK 127.7bSEK 50.1b-SEK 9,542,358,804.0042.1x-13.4x2.6x
Thu, 13 Jul 2023SEK 126.4bSEK 49.5b-SEK 9,406,968,645.0044x-13.4x2.6x
Sat, 10 Jun 2023SEK 126.8bSEK 49.7b-SEK 9,473,357,645.0043.2x-13.4x2.6x
Mon, 08 May 2023SEK 133.4bSEK 49.4b-SEK 9,274,528,119.0041.7x-14.4x2.7x
Wed, 05 Apr 2023SEK 132.0bSEK 49.0b-SEK 9,130,844,757.0039.7x-14.5x2.7x
Fri, 03 Mar 2023SEK 137.6bSEK 48.6b-SEK 8,910,337,362.0041.6x-15.4x2.8x
Sun, 29 Jan 2023SEK 146.8bSEK 45.5b-SEK 4,667,600,313.0036x-31.5x3.2x
Tue, 27 Dec 2022SEK 129.9bSEK 45.2b-SEK 4,641,031,350.0037.5x-28x2.9x
Thu, 24 Nov 2022SEK 127.9bSEK 44.9b-SEK 4,699,461,243.0036.4x-27.2x2.8x
Sat, 22 Oct 2022SEK 119.8bSEK 41.2bSEK 166.4m39.3x720x2.9x
Mon, 19 Sep 2022SEK 123.2bSEK 40.8bSEK 168.5m45.8x731.6x3x
Wed, 17 Aug 2022SEK 146.8bSEK 40.5bSEK 305.1m52.9x481.2x3.6x
Fri, 15 Jul 2022SEK 128.5bSEK 36.5bSEK 307.1m42.7x418.6x3.5x
Sun, 12 Jun 2022SEK 150.9bSEK 36.4bSEK 373.3m45.4x404.4x4.1x
Tue, 10 May 2022SEK 144.4bSEK 34.2bSEK 237.1m54.6x608.9x4.2x
Thu, 07 Apr 2022SEK 185.6bSEK 31.3bSEK 64.7m60.2x2866.4x5.9x
Sat, 05 Mar 2022SEK 170.4bSEK 31.5bSEK 302.2m51.3x564.1x5.4x
Mon, 31 Jan 2022SEK 200.3bSEK 26.3bSEK 766.6m72.9x261.2x7.6x
Wed, 29 Dec 2021SEK 255.7bSEK 26.2bSEK 768.1m89.2x332.9x9.8x
Price to Earnings Ratio

332.9x


Total Market Cap: SEK 255.7bTotal Earnings: SEK 768.1mTotal Revenue: SEK 26.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Application Software Industry Price to Earnings3Y Average 362x202220232024
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 3.3x 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 21% 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-2.70%
Tech-1.73%
Software-2.58%
Application Software-1.71%
Systems Software-6.96%
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
VIT B Vitec Software GroupSEK 530.503.9%
+SEK 797.0m		-7.6%PE53.7x
LIME Lime TechnologiesSEK 355.503.2%
+SEK 146.1m		17.5%PE52.9x
247 24SevenOffice GroupSEK 23.904.8%
+SEK 74.8m		142.4%PS4.1x
NORDIG Nord Insuretech GroupSEK 0.3890.0%
+SEK 43.8m		-57.2%PS11.9x
NEO B Neovici HoldingSEK 6.807.8%
+SEK 20.6m		n/an/a
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Latest News

BIM

SEK 4.46

BIMobject

7D

1.4%

1Y

25.6%

GREAT

SEK 27.50

Greater Than

7D

-16.2%

1Y

-61.0%

247

SEK 23.90

24SevenOffice Group

7D

4.8%

1Y

142.4%

FNOX

SEK 72.82

Fortnox

7D

-0.4%

1Y

23.8%

Fortnox AB (publ)'s (STO:FNOX) Shares May Have Run Too Fast Too Soon

Dec 16
Fortnox AB (publ)'s (STO:FNOX) Shares May Have Run Too Fast Too Soon

FPIP

SEK 23.60

Formpipe Software

7D

-6.3%

1Y

-12.6%

VIT B

SEK 530.50

Vitec Software Group

7D

3.9%

1Y

-7.6%

SINCH

SEK 20.06

Sinch

7D

-5.3%

1Y

-44.2%

TRUE B

SEK 50.25

Truecaller

7D

-5.5%

1Y

45.6%

BRILL

SEK 5.00

Brilliant Future

7D

15.2%

1Y

-11.0%

CINT

SEK 13.41

Cint Group

7D

-5.2%

1Y

18.4%

TERRNT B

SEK 0.16

Terranet

7D

5.8%

1Y

199.6%

LIME

SEK 355.50

Lime Technologies

7D

3.2%

1Y

17.5%

Lime Technologies' (STO:LIME) Solid Earnings Have Been Accounted For Conservatively

Nov 03
Lime Technologies' (STO:LIME) Solid Earnings Have Been Accounted For Conservatively

IAR B

SEK 123.50

IAR Systems Group

7D

-13.6%

1Y

-1.0%

NORDIG

SEK 0.38

Nord Insuretech Group

7D

90.0%

1Y

-57.2%

PAGERO

SEK 49.00

Pagero Group

7D

-0.8%

1Y

218.6%