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Swedish (OMX) Application Software Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies60
  • 7D-1.3%
  • 3M22.9%
  • 1Y15.0%
  • YTDn/a

In the last week, the Application Software industry is up 1.0%, with Sinch up 6.7%. This means that the industry has gained 14% over the past year. Earnings are forecast to grow by 43% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025SEK 141.1bSEK 46.8b-SEK 5,277,888,470.2435.2x-26.7x3x
Sun, 19 Jan 2025SEK 123.4bSEK 46.5b-SEK 10,050,535,325.7939.9x-12.3x2.7x
Tue, 17 Dec 2024SEK 124.6bSEK 46.2b-SEK 10,033,377,604.9541.5x-12.4x2.7x
Thu, 14 Nov 2024SEK 120.1bSEK 45.4b-SEK 10,137,686,370.1435.9x-11.8x2.6x
Sat, 12 Oct 2024SEK 118.3bSEK 44.8b-SEK 4,303,416,883.4434.8x-27.5x2.6x
Mon, 09 Sep 2024SEK 113.5bSEK 44.8b-SEK 4,333,953,191.6237x-26.2x2.5x
Wed, 07 Aug 2024SEK 112.6bSEK 44.7b-SEK 4,424,844,797.6836.1x-25.4x2.5x
Fri, 05 Jul 2024SEK 113.7bSEK 44.7b-SEK 4,542,818,307.5049.8x-25x2.5x
Sun, 02 Jun 2024SEK 114.9bSEK 44.4b-SEK 4,630,390,329.3348.1x-24.8x2.6x
Tue, 30 Apr 2024SEK 126.5bSEK 47.8b-SEK 4,753,177,365.1749.4x-26.6x2.6x
Thu, 28 Mar 2024SEK 128.7bSEK 48.5b-SEK 4,853,530,032.1954.8x-26.5x2.7x
Sat, 24 Feb 2024SEK 138.2bSEK 49.2b-SEK 5,197,027,442.7251.3x-26.6x2.8x
Mon, 22 Jan 2024SEK 130.2bSEK 49.6b-SEK 4,739,691,823.0059.8x-27.5x2.6x
Wed, 20 Dec 2023SEK 136.9bSEK 49.5b-SEK 4,643,755,294.0056.7x-29.5x2.8x
Fri, 17 Nov 2023SEK 114.8bSEK 50.3b-SEK 4,775,510,022.0057.3x-24x2.3x
Sun, 15 Oct 2023SEK 109.3bSEK 50.0b-SEK 9,416,588,179.0042.9x-11.6x2.2x
Tue, 12 Sep 2023SEK 118.4bSEK 50.1b-SEK 9,485,580,526.0044.1x-12.5x2.4x
Thu, 10 Aug 2023SEK 126.9bSEK 50.0b-SEK 9,474,649,326.0042.1x-13.4x2.5x
Sat, 08 Jul 2023SEK 122.9bSEK 49.7b-SEK 9,519,802,944.0042.1x-12.9x2.5x
Mon, 05 Jun 2023SEK 130.4bSEK 49.6b-SEK 9,451,480,155.0039.1x-13.8x2.6x
Wed, 03 May 2023SEK 129.3bSEK 49.3b-SEK 9,293,551,799.0040.9x-13.9x2.6x
Fri, 31 Mar 2023SEK 131.4bSEK 49.0b-SEK 9,128,794,633.0039.3x-14.4x2.7x
Sun, 26 Feb 2023SEK 129.6bSEK 48.6b-SEK 8,886,664,117.0040.1x-14.6x2.7x
Tue, 24 Jan 2023SEK 145.7bSEK 45.4b-SEK 4,636,910,962.0036.3x-31.4x3.2x
Thu, 22 Dec 2022SEK 130.2bSEK 45.1b-SEK 4,637,573,809.0037.8x-28.1x2.9x
Sat, 19 Nov 2022SEK 129.0bSEK 45.0b-SEK 4,698,458,111.0036.3x-27.5x2.9x
Mon, 17 Oct 2022SEK 109.6bSEK 41.0bSEK 156.7m39x699.3x2.7x
Wed, 14 Sep 2022SEK 130.1bSEK 40.7bSEK 186.4m51x698.2x3.2x
Fri, 12 Aug 2022SEK 148.1bSEK 40.3bSEK 352.6m56x420x3.7x
Sun, 10 Jul 2022SEK 149.0bSEK 36.5bSEK 305.5m43.5x487.7x4.1x
Tue, 07 Jun 2022SEK 160.6bSEK 36.0bSEK 330.6m53.7x486x4.5x
Thu, 05 May 2022SEK 150.7bSEK 35.0bSEK 8.6m48.7x17462.7x4.3x
Sat, 02 Apr 2022SEK 183.7bSEK 31.3bSEK 328.2m54.6x559.8x5.9x
Mon, 28 Feb 2022SEK 174.8bSEK 31.3bSEK 357.9m58.2x488.5x5.6x
Price to Earnings Ratio

488.5x


Total Market Cap: SEK 174.8bTotal Earnings: SEK 357.9mTotal Revenue: SEK 31.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Application Software Industry Price to Earnings3Y Average 344.6x202320242025
Current Industry PE
  • Investors are relatively neutral on the Swedish Application Software industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
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 16% 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-0.47%
Tech-0.63%
Software-0.95%
Application Software-1.27%
Systems Software1.30%
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
TRUE B TruecallerSEK 77.9015.0%
+SEK 3.5b		176.6%PE51x
BIM BIMobjectSEK 7.0015.5%
+SEK 134.0m		116.7%PS6x
4C 4C GroupSEK 16.9527.0%
+SEK 126.5m		1.5%PS1.7x
FPIP Formpipe SoftwareSEK 26.208.7%
+SEK 113.9m		-9.7%PE83.2x
AVEN AvensiaSEK 9.4012.4%
+SEK 38.6m		30.9%PE20.7x
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Latest News

TRUE B

SEK 77.90

Truecaller

7D

15.0%

1Y

176.6%

Truecaller AB (publ) (STO:TRUE B) Released Earnings Last Week And Analysts Lifted Their Price Target To kr82.29

Feb 21
Truecaller AB (publ) (STO:TRUE B) Released Earnings Last Week And Analysts Lifted Their Price Target To kr82.29

AVEN

SEK 9.40

Avensia

7D

12.4%

1Y

30.9%

Little Excitement Around Avensia AB (publ)'s (STO:AVEN) Revenues

Feb 21
Little Excitement Around Avensia AB (publ)'s (STO:AVEN) Revenues

FNOX

SEK 73.28

Fortnox

7D

-2.3%

1Y

-0.8%

UPSALE

SEK 35.20

Upsales Technology

7D

6.7%

1Y

-14.6%

VERT B

SEK 65.00

Vertiseit

7D

1.6%

1Y

124.9%

Impressive Earnings May Not Tell The Whole Story For Vertiseit (STO:VERT B)

Feb 20
Impressive Earnings May Not Tell The Whole Story For Vertiseit (STO:VERT B)

FPIP

SEK 26.20

Formpipe Software

7D

8.7%

1Y

-9.7%

Formpipe Software AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 19
Formpipe Software AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

IAR B

SEK 134.00

IAR Systems Group

7D

-6.6%

1Y

-2.9%

IAR Systems Group's (STO:IAR B) Earnings Are Weaker Than They Seem

Feb 19
IAR Systems Group's (STO:IAR B) Earnings Are Weaker Than They Seem

SKOLON

SEK 30.90

Skolon

7D

-7.5%

1Y

26.6%

BIM

SEK 7.00

BIMobject

7D

15.5%

1Y

116.7%

4C

SEK 16.95

4C Group

7D

27.0%

1Y

1.5%

ONEF

SEK 30.00

Oneflow

7D

-9.1%

1Y

-2.6%

LIME

SEK 370.50

Lime Technologies

7D

-2.6%

1Y

13.1%

Lime Technologies AB (publ) (STO:LIME) Released Earnings Last Week And Analysts Lifted Their Price Target To kr387

Feb 15
Lime Technologies AB (publ) (STO:LIME) Released Earnings Last Week And Analysts Lifted Their Price Target To kr387

CHECK

SEK 10.05

Checkin.Com Group

7D

-17.6%

1Y

-70.2%

SINCH

SEK 24.95

Sinch

7D

-13.9%

1Y

-10.2%

VIT B

SEK 617.50

Vitec Software Group

7D

-2.9%

1Y

11.3%

We Like Vitec Software Group's (STO:VIT B) Earnings For More Than Just Statutory Profit

Feb 13
We Like Vitec Software Group's (STO:VIT B) Earnings For More Than Just Statutory Profit

FLOWS

SEK 3.54

Flowscape Technology

7D

16.4%

1Y

4.7%