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Swedish (OMX) Application Software Industry Analysis

UpdatedAug 19, 2026
DataAggregated Company Financials
Companies57
  • 7D-0.03%
  • 3M8.5%
  • 1Y-12.1%
  • YTDn/a

The Application Software is pretty flat in the last 7 days, but Vitec Software Group has stood out, gaining 3.1%. As for the longer term, the industry has declined 12% in the last year. As for the next few years, earnings are expected to grow by 30% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Aug 2026SEK 69.5bSEK 40.2bSEK 353.7m22.4x196.5x1.7x
Fri, 17 Jul 2026SEK 65.6bSEK 42.1b-SEK 1,531,052,979.4220.5x-42.9x1.6x
Sun, 14 Jun 2026SEK 60.8bSEK 42.2b-SEK 1,484,737,647.8121.6x-41x1.4x
Tue, 12 May 2026SEK 64.9bSEK 42.2b-SEK 1,355,164,536.7525.4x-47.9x1.5x
Thu, 09 Apr 2026SEK 51.7bSEK 42.8b-SEK 1,666,837,555.2923.1x-31x1.2x
Sat, 07 Mar 2026SEK 48.4bSEK 42.3b-SEK 1,755,726,917.0722.8x-27.6x1.1x
Mon, 02 Feb 2026SEK 54.5bSEK 44.7bSEK 1.9b25.5x28.4x1.2x
Wed, 31 Dec 2025SEK 63.1bSEK 44.8bSEK 2.0b27.4x32.2x1.4x
Fri, 28 Nov 2025SEK 62.9bSEK 45.7bSEK 2.0b26.7x31.5x1.4x
Sun, 26 Oct 2025SEK 77.8bSEK 46.7b-SEK 3,962,797,686.5927.7x-19.6x1.7x
Tue, 23 Sep 2025SEK 78.5bSEK 46.7b-SEK 3,993,339,969.4131.7x-19.6x1.7x
Thu, 21 Aug 2025SEK 79.9bSEK 46.7b-SEK 3,918,315,225.0632.1x-20.4x1.7x
Sat, 19 Jul 2025SEK 139.5bSEK 49.2b-SEK 2,979,788,103.3930.9x-46.8x2.8x
Mon, 16 Jun 2025SEK 140.5bSEK 49.1b-SEK 3,118,036,839.2128.1x-45.1x2.9x
Wed, 14 May 2025SEK 140.1bSEK 48.2b-SEK 3,087,514,972.9321.4x-45.4x2.9x
Fri, 11 Apr 2025SEK 134.2bSEK 48.6b-SEK 3,169,059,328.9728.4x-42.4x2.8x
Sun, 09 Mar 2025SEK 131.2bSEK 48.5b-SEK 3,545,732,827.2830.4x-37x2.7x
Tue, 04 Feb 2025SEK 136.1bSEK 46.5b-SEK 10,040,001,792.2439.9x-13.6x2.9x
Thu, 02 Jan 2025SEK 124.2bSEK 46.5b-SEK 10,032,960,280.1738.2x-12.4x2.7x
Sat, 30 Nov 2024SEK 118.5bSEK 45.4b-SEK 10,085,119,036.8340.8x-11.7x2.6x
Mon, 28 Oct 2024SEK 123.9bSEK 44.8b-SEK 4,088,325,713.7937.6x-30.3x2.8x
Wed, 25 Sep 2024SEK 119.4bSEK 44.8b-SEK 4,279,602,221.6636.2x-27.9x2.7x
Fri, 23 Aug 2024SEK 115.1bSEK 44.7b-SEK 4,393,622,677.8238.6x-26.2x2.6x
Sun, 21 Jul 2024SEK 118.3bSEK 45.1b-SEK 4,573,713,331.9146.6x-25.9x2.6x
Tue, 18 Jun 2024SEK 114.5bSEK 44.8b-SEK 4,516,612,171.3549.8x-25.3x2.6x
Thu, 16 May 2024SEK 129.0bSEK 47.6b-SEK 4,642,935,855.2251.6x-27.8x2.7x
Sat, 13 Apr 2024SEK 126.1bSEK 48.5b-SEK 4,898,989,017.3856x-25.7x2.6x
Mon, 11 Mar 2024SEK 138.9bSEK 49.3b-SEK 5,020,812,160.8655.9x-27.7x2.8x
Wed, 07 Feb 2024SEK 127.5bSEK 49.2b-SEK 4,673,133,861.7357.9x-27.3x2.6x
Fri, 05 Jan 2024SEK 132.9bSEK 49.5b-SEK 4,653,330,707.0059.2x-28.6x2.7x
Sun, 03 Dec 2023SEK 122.8bSEK 49.5b-SEK 4,699,965,043.0052.5x-26.1x2.5x
Tue, 31 Oct 2023SEK 96.7bSEK 50.3b-SEK 9,667,777,261.0041.6x-10x1.9x
Thu, 28 Sep 2023SEK 113.5bSEK 50.0b-SEK 9,423,082,045.0045.3x-12x2.3x
Sat, 26 Aug 2023SEK 117.6bSEK 50.2b-SEK 9,494,411,153.0042.7x-12.4x2.3x
Price to Earnings Ratio

-12.4x


Total Market Cap: SEK 117.6bTotal Earnings: -SEK 9,494,411,153.00Total Revenue: SEK 50.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Application Software Industry Price to Earnings3Y Average -19.2x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Application Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 195x which is higher than its 3-year average PE of -19.2x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Application Software industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 7.1% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Swedish Application Software compare with similar industries?

SE Market-1.27%
Tech-0.80%
Software0.16%
Application Software-0.026%
Systems Software1.06%
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 43.933.4%
+SEK 1.0b		48.3%PE68.8x
VIT B Vitec Software GroupSEK 249.804.9%
+SEK 462.3m		-33.5%PE21.4x
TRUE B TruecallerSEK 20.074.6%
+SEK 284.8m		-56.4%PE25.7x
LIME Lime TechnologiesSEK 238.505.8%
+SEK 173.5m		-28.6%PE26.6x
CDMIL CodeMillSEK 14.2516.3%
+SEK 27.2m		-20.2%PE4411.6x

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