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Swedish (OMX) Application Software Industry Analysis

UpdatedJun 07, 2025
DataAggregated Company Financials
Companies61
  • 7D2.9%
  • 3M6.9%
  • 1Y15.7%
  • YTDn/a

The Application Software industry is up 2.8% in the last week, with Truecaller up 7.5%. This means that the industry has gained 16% over the past year. Earnings are forecast to grow by 41% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Jun 2025SEK 140.9bSEK 49.1b-SEK 3,094,869,196.4528.4x-45.5x2.9x
Mon, 05 May 2025SEK 140.5bSEK 47.9b-SEK 3,083,814,988.3321.9x-45.6x2.9x
Wed, 02 Apr 2025SEK 139.8bSEK 48.4b-SEK 3,544,207,205.0730.6x-39.4x2.9x
Fri, 28 Feb 2025SEK 139.2bSEK 48.1b-SEK 5,208,289,855.5132.6x-26.7x2.9x
Sun, 26 Jan 2025SEK 130.8bSEK 46.5b-SEK 10,033,832,155.3339.5x-13x2.8x
Tue, 24 Dec 2024SEK 122.3bSEK 46.5b-SEK 10,056,922,176.5737.5x-12.2x2.6x
Thu, 21 Nov 2024SEK 113.1bSEK 45.5b-SEK 10,145,720,322.7139.1x-11.1x2.5x
Sat, 19 Oct 2024SEK 116.6bSEK 44.9b-SEK 4,325,182,681.5435.4x-27x2.6x
Mon, 16 Sep 2024SEK 117.6bSEK 44.8b-SEK 4,267,591,784.7637.2x-27.6x2.6x
Wed, 14 Aug 2024SEK 109.5bSEK 44.7b-SEK 4,420,451,049.8937.1x-24.8x2.5x
Fri, 12 Jul 2024SEK 115.4bSEK 44.7b-SEK 4,563,576,438.9253.6x-25.3x2.6x
Sun, 09 Jun 2024SEK 116.6bSEK 44.9b-SEK 4,576,281,472.9051.9x-25.5x2.6x
Tue, 07 May 2024SEK 124.5bSEK 47.7b-SEK 4,692,922,057.6446.3x-26.5x2.6x
Thu, 04 Apr 2024SEK 127.4bSEK 48.5b-SEK 4,872,115,323.6255.7x-26.1x2.6x
Sat, 02 Mar 2024SEK 142.3bSEK 49.4b-SEK 5,183,116,622.5954.1x-27.5x2.9x
Mon, 29 Jan 2024SEK 138.5bSEK 49.6b-SEK 4,713,173,293.0062.9x-29.4x2.8x
Wed, 27 Dec 2023SEK 137.3bSEK 49.5b-SEK 4,595,666,486.0058.5x-29.9x2.8x
Fri, 24 Nov 2023SEK 118.8bSEK 50.3b-SEK 4,774,984,304.0055.2x-24.9x2.4x
Sun, 22 Oct 2023SEK 104.4bSEK 50.2b-SEK 9,414,526,415.0044x-11.1x2.1x
Tue, 19 Sep 2023SEK 116.6bSEK 50.2b-SEK 9,495,208,517.0044.4x-12.3x2.3x
Thu, 17 Aug 2023SEK 124.7bSEK 50.1b-SEK 9,575,770,587.0038.6x-13x2.5x
Sat, 15 Jul 2023SEK 131.3bSEK 49.9b-SEK 9,281,048,842.0041.4x-14.2x2.6x
Mon, 12 Jun 2023SEK 126.8bSEK 49.6b-SEK 9,488,204,447.0043.2x-13.4x2.6x
Wed, 10 May 2023SEK 130.8bSEK 49.3b-SEK 9,265,789,446.0040.4x-14.1x2.7x
Fri, 07 Apr 2023SEK 130.8bSEK 49.0b-SEK 9,173,986,374.0038.3x-14.3x2.7x
Sun, 05 Mar 2023SEK 140.7bSEK 48.4b-SEK 8,949,728,588.0042.5x-15.7x2.9x
Tue, 31 Jan 2023SEK 139.6bSEK 45.6b-SEK 4,669,871,516.0037.9x-29.9x3.1x
Thu, 29 Dec 2022SEK 130.0bSEK 45.4b-SEK 4,643,640,594.0036.4x-28x2.9x
Sat, 26 Nov 2022SEK 130.6bSEK 44.9b-SEK 4,696,848,016.0035.8x-27.8x2.9x
Mon, 24 Oct 2022SEK 119.8bSEK 41.2bSEK 171.3m39.3x699.4x2.9x
Wed, 21 Sep 2022SEK 115.4bSEK 40.9bSEK 160.0m44.3x721.3x2.8x
Fri, 19 Aug 2022SEK 142.3bSEK 40.6bSEK 308.8m52.8x460.9x3.5x
Sun, 17 Jul 2022SEK 125.4bSEK 36.1bSEK 279.8m52.5x448.2x3.5x
Tue, 14 Jun 2022SEK 145.8bSEK 36.5bSEK 371.9m44.2x392.1x4x
Price to Earnings Ratio

392.1x


Total Market Cap: SEK 145.8bTotal Earnings: SEK 371.9mTotal Revenue: SEK 36.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Application Software Industry Price to Earnings3Y Average 56.1x202320242025
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 2.8x.
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 10% 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 Market1.21%
Tech1.83%
Software2.38%
Application Software2.89%
Systems Software-1.73%
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 69.207.0%
+SEK 1.5b		83.5%PE48.3x
VIT B Vitec Software GroupSEK 458.806.2%
+SEK 1.1b		-15.7%PE44.9x
SINCH SinchSEK 26.072.4%
+SEK 515.2m		11.7%PS0.8x
LIME Lime TechnologiesSEK 415.504.4%
+SEK 232.5m		19.7%PE58.7x
CFISH CrunchfishSEK 3.8081.0%
+SEK 143.0m		-58.7%PS23.2x
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Latest News

SINCH

SEK 26.07

Sinch

7D

2.4%

1Y

11.7%

UPSALE

SEK 32.00

Upsales Technology

7D

16.4%

1Y

-14.9%

CFISH

SEK 3.80

Crunchfish

7D

81.0%

1Y

-58.7%

DONE

SEK 12.30

Done.ai Group

7D

-4.2%

1Y

-31.3%

We Believe Done.ai Group's (STO:DONE) Earnings Are A Poor Guide For Its Profitability

May 29
We Believe Done.ai Group's (STO:DONE) Earnings Are A Poor Guide For Its Profitability

VIT B

SEK 458.80

Vitec Software Group

7D

6.2%

1Y

-15.7%

Vitec Software Group AB (publ)'s (STO:VIT B) Price Is Out Of Tune With Earnings

May 27
Vitec Software Group AB (publ)'s (STO:VIT B) Price Is Out Of Tune With Earnings

CINT

SEK 7.47

Cint Group

7D

3.0%

1Y

-48.4%

TRUE B

SEK 69.20

Truecaller

7D

7.0%

1Y

83.5%

Truecaller (STO:TRUE B) Is Paying Out A Dividend Of SEK1.70

May 24
Truecaller (STO:TRUE B) Is Paying Out A Dividend Of SEK1.70

TERRNT B

SEK 0.095

Terranet

7D

-4.3%

1Y

-20.2%

GREAT

SEK 22.40

Greater Than

7D

-5.1%

1Y

-66.0%

LIME

SEK 415.50

Lime Technologies

7D

4.4%

1Y

19.7%

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

May 10
Lime Technologies (STO:LIME) Will Pay A Dividend Of SEK2.00

AMIDO

SEK 3.84

Amido

7D

-6.3%

1Y

32.4%

VERT B

SEK 58.20

Vertiseit

7D

-1.4%

1Y

26.5%

IAR B

SEK 109.60

IAR Systems Group

7D

-3.9%

1Y

-36.8%

SKOLON

SEK 33.80

Skolon

7D

-1.5%

1Y

47.0%

FNOX

SEK 86.60

Fortnox

7D

0.2%

1Y

33.7%

VALUNO

SEK 2.21

Valuno Group

7D

-3.5%

1Y

-36.7%

Valuno Group AB (publ) (NGM:VALUNO) Not Doing Enough For Some Investors As Its Shares Slump 31%

Mar 18
Valuno Group AB (publ) (NGM:VALUNO) Not Doing Enough For Some Investors As Its Shares Slump 31%