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Swedish (OMX) Application Software Industry Analysis

UpdatedNov 27, 2023
DataAggregated Company Financials
Companies74
  • 7D-0.4%
  • 3M-1.3%
  • 1Y-11.0%
  • YTD-14.3%

Over the last 7 days, the Application Software industry has risen 5.0%, driven by gains from Fortnox of 5.9%. In contrast, the industry has lost 9.5% in the last 12 months. Earnings are forecast to grow by 42% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Nov 2023kr117.5bkr50.3b-kr4,774,755,177.0054.8x-24.6x2.3x
Wed, 25 Oct 2023kr102.7bkr50.3b-kr9,467,372,302.0043.6x-10.8x2x
Fri, 22 Sep 2023kr118.8bkr50.2b-kr9,536,847,181.0045.6x-12.5x2.4x
Sun, 20 Aug 2023kr121.8bkr50.1b-kr9,619,284,856.0039.8x-12.7x2.4x
Tue, 18 Jul 2023kr128.1bkr49.9b-kr9,287,887,640.0043.4x-13.8x2.6x
Thu, 15 Jun 2023kr131.5bkr49.6b-kr9,464,953,419.0042.7x-13.9x2.7x
Sat, 13 May 2023kr134.6bkr49.4b-kr9,344,520,332.0039.5x-14.4x2.7x
Mon, 10 Apr 2023kr130.8bkr49.1b-kr9,182,733,409.0038.3x-14.2x2.7x
Wed, 08 Mar 2023kr140.1bkr48.7b-kr9,098,445,735.0041.2x-15.4x2.9x
Fri, 03 Feb 2023kr152.8bkr45.8b-kr4,693,156,007.0038.3x-32.6x3.3x
Sun, 01 Jan 2023kr133.0bkr45.5b-kr4,639,961,875.0036.7x-28.7x2.9x
Tue, 29 Nov 2022kr129.6bkr44.9b-kr4,684,298,683.0037.2x-27.7x2.9x
Thu, 27 Oct 2022kr127.2bkr41.1bkr251.0m40.6x506.6x3.1x
Sat, 24 Sep 2022kr108.7bkr40.9bkr158.3m40x686.7x2.7x
Mon, 22 Aug 2022kr137.2bkr40.6bkr338.4m52x405.6x3.4x
Wed, 20 Jul 2022kr125.4bkr36.5bkr279.8m52.5x448.2x3.4x
Fri, 17 Jun 2022kr140.1bkr36.5bkr370.4m43.4x378.2x3.8x
Sun, 15 May 2022kr156.0bkr36.1bkr344.3m52.1x452.9x4.3x
Tue, 12 Apr 2022kr181.2bkr31.4bkr25.4m54.5x7121.7x5.8x
Thu, 10 Mar 2022kr173.3bkr31.5bkr274.0m51.9x632.6x5.5x
Sat, 05 Feb 2022kr208.9bkr26.2bkr766.7m73.5x272.4x8x
Mon, 03 Jan 2022kr262.2bkr26.2bkr768.0m89.5x341.4x10x
Wed, 01 Dec 2021kr257.7bkr25.6bkr864.1m97.4x298.2x10.1x
Fri, 29 Oct 2021kr270.8bkr22.6bkr703.9m80.8x384.7x12x
Sun, 26 Sep 2021kr223.4bkr21.1bkr599.2m85.4x372.8x10.6x
Tue, 24 Aug 2021kr218.7bkr20.9bkr596.5m85.4x366.6x10.4x
Wed, 30 Jun 2021kr179.9bkr20.9bkr596.5m66.2x301.6x8.6x
Sat, 03 Apr 2021kr171.0bkr18.4bkr526.8m69.3x324.6x9.3x
Tue, 05 Jan 2021kr145.1bkr15.8bkr409.3m125.7x354.5x9.2x
Price to Earnings Ratio

3024.2x


Total Market Cap: kr121.6bTotal Earnings: kr40.2mTotal Revenue: kr15.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Application Software Industry Price to Earnings3Y Average 577.9x202120222023
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 5.8x is higher than the industry's current PS ratio of 2.4x.
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 48% 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 Market0.85%
Tech0.58%
Software0.044%
Application Software-0.38%
Systems Software4.71%
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
FNOX Fortnoxkr54.262.9%
+kr939.0m
13.9%PE75.4x
VIT B Vitec Software Groupkr517.000.6%
+kr112.6m
33.3%PE59.3x
FPIP Formpipe Softwarekr26.004.4%
+kr59.6m
20.4%PE78.7x
SLEEP Sleep Cyclekr35.109.0%
+kr58.8m
17.2%PE17.8x
4C 4C Groupkr16.986.7%
+kr36.0m
-54.7%PS1.8x
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