Pagero Group AB (publ)'s (STO:PAGERO) 28% Price Boost Is Out Of Tune With Revenues
Nov 24
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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Nov 2023 | kr117.5b | kr50.3b | -kr4,774,755,177.00 | 54.8x | -24.6x | 2.3x |
| Wed, 25 Oct 2023 | kr102.7b | kr50.3b | -kr9,467,372,302.00 | 43.6x | -10.8x | 2x |
| Fri, 22 Sep 2023 | kr118.8b | kr50.2b | -kr9,536,847,181.00 | 45.6x | -12.5x | 2.4x |
| Sun, 20 Aug 2023 | kr121.8b | kr50.1b | -kr9,619,284,856.00 | 39.8x | -12.7x | 2.4x |
| Tue, 18 Jul 2023 | kr128.1b | kr49.9b | -kr9,287,887,640.00 | 43.4x | -13.8x | 2.6x |
| Thu, 15 Jun 2023 | kr131.5b | kr49.6b | -kr9,464,953,419.00 | 42.7x | -13.9x | 2.7x |
| Sat, 13 May 2023 | kr134.6b | kr49.4b | -kr9,344,520,332.00 | 39.5x | -14.4x | 2.7x |
| Mon, 10 Apr 2023 | kr130.8b | kr49.1b | -kr9,182,733,409.00 | 38.3x | -14.2x | 2.7x |
| Wed, 08 Mar 2023 | kr140.1b | kr48.7b | -kr9,098,445,735.00 | 41.2x | -15.4x | 2.9x |
| Fri, 03 Feb 2023 | kr152.8b | kr45.8b | -kr4,693,156,007.00 | 38.3x | -32.6x | 3.3x |
| Sun, 01 Jan 2023 | kr133.0b | kr45.5b | -kr4,639,961,875.00 | 36.7x | -28.7x | 2.9x |
| Tue, 29 Nov 2022 | kr129.6b | kr44.9b | -kr4,684,298,683.00 | 37.2x | -27.7x | 2.9x |
| Thu, 27 Oct 2022 | kr127.2b | kr41.1b | kr251.0m | 40.6x | 506.6x | 3.1x |
| Sat, 24 Sep 2022 | kr108.7b | kr40.9b | kr158.3m | 40x | 686.7x | 2.7x |
| Mon, 22 Aug 2022 | kr137.2b | kr40.6b | kr338.4m | 52x | 405.6x | 3.4x |
| Wed, 20 Jul 2022 | kr125.4b | kr36.5b | kr279.8m | 52.5x | 448.2x | 3.4x |
| Fri, 17 Jun 2022 | kr140.1b | kr36.5b | kr370.4m | 43.4x | 378.2x | 3.8x |
| Sun, 15 May 2022 | kr156.0b | kr36.1b | kr344.3m | 52.1x | 452.9x | 4.3x |
| Tue, 12 Apr 2022 | kr181.2b | kr31.4b | kr25.4m | 54.5x | 7121.7x | 5.8x |
| Thu, 10 Mar 2022 | kr173.3b | kr31.5b | kr274.0m | 51.9x | 632.6x | 5.5x |
| Sat, 05 Feb 2022 | kr208.9b | kr26.2b | kr766.7m | 73.5x | 272.4x | 8x |
| Mon, 03 Jan 2022 | kr262.2b | kr26.2b | kr768.0m | 89.5x | 341.4x | 10x |
| Wed, 01 Dec 2021 | kr257.7b | kr25.6b | kr864.1m | 97.4x | 298.2x | 10.1x |
| Fri, 29 Oct 2021 | kr270.8b | kr22.6b | kr703.9m | 80.8x | 384.7x | 12x |
| Sun, 26 Sep 2021 | kr223.4b | kr21.1b | kr599.2m | 85.4x | 372.8x | 10.6x |
| Tue, 24 Aug 2021 | kr218.7b | kr20.9b | kr596.5m | 85.4x | 366.6x | 10.4x |
| Wed, 30 Jun 2021 | kr179.9b | kr20.9b | kr596.5m | 66.2x | 301.6x | 8.6x |
| Sat, 03 Apr 2021 | kr171.0b | kr18.4b | kr526.8m | 69.3x | 324.6x | 9.3x |
| Tue, 05 Jan 2021 | kr145.1b | kr15.8b | kr409.3m | 125.7x | 354.5x | 9.2x |
Price to Earnings Ratio
3024.2x
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 Market | 0.85% | |
| Tech | 0.58% | |
| Software | 0.044% | |
| Application Software | -0.38% | |
| Systems Software | 4.71% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FNOX Fortnox | kr54.26 | 2.9% +kr939.0m | 13.9% | PE75.4x | |
| VIT B Vitec Software Group | kr517.00 | 0.6% +kr112.6m | 33.3% | PE59.3x | |
| FPIP Formpipe Software | kr26.00 | 4.4% +kr59.6m | 20.4% | PE78.7x | |
| SLEEP Sleep Cycle | kr35.10 | 9.0% +kr58.8m | 17.2% | PE17.8x | |
| 4C 4C Group | kr16.98 | 6.7% +kr36.0m | -54.7% | PS1.8x |
