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Swedish (OMX) Application Software Industry Analysis

UpdatedJul 11, 2025
DataAggregated Company Financials
Companies59
  • 7D1.2%
  • 3M10.3%
  • 1Y23.0%
  • YTDn/a

In the last week, the Application Software industry is up 2.7%, with Truecaller up 7.7%. During this same period, the Valuno Group underperformed, falling 40%. In the last 12 months, the industry was up 24%. 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
Sat, 12 Jul 2025SEK 146.9bSEK 49.1b-SEK 3,066,257,881.5230.6x-47.9x3x
Mon, 09 Jun 2025SEK 140.9bSEK 49.1b-SEK 3,094,869,196.4528.4x-45.5x2.9x
Wed, 07 May 2025SEK 138.4bSEK 47.9b-SEK 3,083,907,158.3422.7x-44.9x2.9x
Fri, 04 Apr 2025SEK 137.1bSEK 48.4b-SEK 3,169,940,792.4730.1x-43.2x2.8x
Sun, 02 Mar 2025SEK 137.6bSEK 48.5b-SEK 3,560,241,283.6628.2x-38.7x2.8x
Tue, 28 Jan 2025SEK 130.8bSEK 46.5b-SEK 10,043,304,295.1339.9x-13x2.8x
Thu, 26 Dec 2024SEK 122.3bSEK 46.5b-SEK 10,074,636,144.8137.5x-12.1x2.6x
Sat, 23 Nov 2024SEK 114.5bSEK 45.4b-SEK 10,079,879,321.9137.8x-11.4x2.5x
Mon, 21 Oct 2024SEK 116.6bSEK 44.9b-SEK 4,325,182,681.5435.4x-27x2.6x
Wed, 18 Sep 2024SEK 118.0bSEK 44.8b-SEK 4,294,025,710.8836.2x-27.5x2.6x
Fri, 16 Aug 2024SEK 113.6bSEK 44.7b-SEK 4,442,574,886.5638.3x-25.6x2.5x
Sun, 14 Jul 2024SEK 116.9bSEK 45.0b-SEK 4,533,557,921.9554.2x-25.8x2.6x
Tue, 11 Jun 2024SEK 116.6bSEK 44.8b-SEK 4,526,609,720.5152x-25.8x2.6x
Thu, 09 May 2024SEK 123.0bSEK 47.7b-SEK 4,699,766,821.7152x-26.2x2.6x
Sat, 06 Apr 2024SEK 128.2bSEK 48.5b-SEK 4,869,722,438.9353.3x-26.3x2.6x
Mon, 04 Mar 2024SEK 142.3bSEK 49.4b-SEK 5,179,622,622.5954.1x-27.5x2.9x
Wed, 31 Jan 2024SEK 138.4bSEK 49.6b-SEK 4,685,485,322.0061.7x-29.5x2.8x
Fri, 29 Dec 2023SEK 140.7bSEK 49.5b-SEK 4,598,372,242.0058.9x-30.6x2.8x
Sun, 26 Nov 2023SEK 117.5bSEK 50.3b-SEK 4,775,487,883.0054.8x-24.6x2.3x
Tue, 24 Oct 2023SEK 102.7bSEK 50.3b-SEK 9,443,986,772.0043.4x-10.9x2x
Thu, 21 Sep 2023SEK 119.6bSEK 50.2b-SEK 9,517,844,888.0044.2x-12.6x2.4x
Sat, 19 Aug 2023SEK 121.8bSEK 50.1b-SEK 9,607,237,864.0038.3x-12.7x2.4x
Mon, 17 Jul 2023SEK 131.3bSEK 49.9b-SEK 9,285,327,748.0041.4x-14.1x2.6x
Wed, 14 Jun 2023SEK 130.8bSEK 49.6b-SEK 9,463,600,971.0042.2x-13.8x2.6x
Fri, 12 May 2023SEK 134.0bSEK 49.4b-SEK 9,305,695,388.0040.1x-14.4x2.7x
Sun, 09 Apr 2023SEK 130.8bSEK 49.1b-SEK 9,182,733,409.0038.3x-14.2x2.7x
Tue, 07 Mar 2023SEK 142.4bSEK 48.6b-SEK 8,969,358,054.0041.8x-15.9x2.9x
Thu, 02 Feb 2023SEK 143.8bSEK 45.6b-SEK 4,672,843,077.0038x-30.8x3.2x
Sat, 31 Dec 2022SEK 133.9bSEK 45.5b-SEK 4,639,961,875.0036.7x-28.9x2.9x
Mon, 28 Nov 2022SEK 130.6bSEK 44.9b-SEK 4,697,996,511.0035.8x-27.8x2.9x
Wed, 26 Oct 2022SEK 125.1bSEK 40.8bSEK 233.5m39.6x535.8x3.1x
Fri, 23 Sep 2022SEK 110.3bSEK 40.9bSEK 159.5m42.1x691.8x2.7x
Sun, 21 Aug 2022SEK 137.2bSEK 40.5bSEK 318.1m52x431.4x3.4x
Tue, 19 Jul 2022SEK 125.4bSEK 36.5bSEK 279.8m52.5x448.2x3.4x
Price to Earnings Ratio

448.2x


Total Market Cap: SEK 125.4bTotal Earnings: SEK 279.8mTotal Revenue: SEK 36.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Application Software Industry Price to Earnings3Y Average 41.8x202320242025
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 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 11% 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 Market1.77%
Tech0.83%
Software1.05%
Application Software1.20%
Systems Software-0.30%
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 68.152.3%
+SEK 516.8m		95.8%PE47.6x
RPLAN Ranplan GroupSEK 1.89160.7%
+SEK 89.8m		57.5%PS6.3x
MODEL ModelonSEK 15.0031.6%
+SEK 62.0m		n/aPS3x
VERT B VertiseitSEK 65.602.2%
+SEK 42.2m		43.5%PE53.6x
OBSE ObservitSEK 0.5811.9%
+SEK 34.1m		101.4%n/a

Latest News

VIT B
SEK 392.20
Vitec Software Group
7D
-20.5%
1Y
-31.7%
FNOX
SEK 89.52
Fortnox
7D
-0.2%
1Y
40.3%
VERT B
SEK 65.60
Vertiseit
7D
2.2%
1Y
43.5%
SINCH
SEK 28.81
Sinch
7D
-1.0%
1Y
17.4%

Sinch (STO:SINCH) Has A Pretty Healthy Balance Sheet

Jul 07
Sinch (STO:SINCH) Has A Pretty Healthy Balance Sheet
SLEEP
SEK 30.50
Sleep Cycle
7D
-3.2%
1Y
-13.1%
LIME
SEK 398.00
Lime Technologies
7D
-1.6%
1Y
9.5%

Lime Technologies (STO:LIME) Will Pay A Dividend Of SEK2.00

Jul 02
Lime Technologies (STO:LIME) Will Pay A Dividend Of SEK2.00
DONE
SEK 10.04
Done.ai Group
7D
-3.8%
1Y
-48.2%
TRUE B
SEK 68.15
Truecaller
7D
2.3%
1Y
95.8%
RPLAN
SEK 1.89
Ranplan Group
7D
160.7%
1Y
57.5%
NEO B
SEK 4.05
Neovici Holding
7D
-46.1%
1Y
-70.0%
UPSALE
SEK 33.70
Upsales Technology
7D
6.3%
1Y
5.3%
OBSE
SEK 0.58
Observit
7D
11.9%
1Y
101.4%
LITI
SEK 13.30
Litium
7D
15.2%
1Y
26.7%
MODEL
SEK 15.00
Modelon
7D
31.6%
1Y
n/a
4C
SEK 17.40
4C Group
7D
4.8%
1Y
-19.1%
BRIX
SEK 8.64
Briox
7D
-6.1%
1Y
285.7%

Is Briox (NGM:BRIX) In A Good Position To Deliver On Growth Plans?

Feb 25
Is Briox (NGM:BRIX) In A Good Position To Deliver On Growth Plans?