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Swedish (OMX) Systems Software Industry Analysis

UpdatedJan 29, 2026
DataAggregated Company Financials
Companies8
  • 7D1.7%
  • 3M-19.8%
  • 1Y-60.6%
  • YTDn/a

Over the last 7 days, the Systems Software industry has risen 2.9%, driven by gains from Micro Systemation of 19%. During this same period, the Teneo AI underperformed, falling 41%. In contrast, the industry has lost 60% in the last 12 months. Earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Jan 2026SEK 9.7bSEK 3.3bSEK 273.8m26.2x35.3x2.9x
Sat, 27 Dec 2025SEK 10.2bSEK 3.3bSEK 266.9m28x38.2x3.1x
Mon, 24 Nov 2025SEK 11.2bSEK 3.3bSEK 266.9m28.2x41.9x3.4x
Wed, 22 Oct 2025SEK 13.4bSEK 3.3bSEK 278.8m38.9x48.2x4.1x
Fri, 19 Sep 2025SEK 15.2bSEK 3.3bSEK 278.8m37x54.4x4.7x
Sun, 17 Aug 2025SEK 14.8bSEK 3.2bSEK 291.8m42.2x50.9x4.7x
Tue, 15 Jul 2025SEK 15.0bSEK 3.3bSEK 393.4m49.2x38.2x4.6x
Thu, 12 Jun 2025SEK 16.0bSEK 3.3bSEK 393.4m45.8x40.6x4.9x
Sat, 10 May 2025SEK 18.9bSEK 3.2bSEK 420.1m52.1x45.1x6x
Mon, 07 Apr 2025SEK 18.1bSEK 3.1bSEK 401.6m64.6x45x5.8x
Wed, 05 Mar 2025SEK 20.4bSEK 3.1bSEK 402.0m60.7x50.8x6.5x
Fri, 31 Jan 2025SEK 23.9bSEK 3.1bSEK 365.6m63.8x65.4x7.8x
Sun, 29 Dec 2024SEK 23.5bSEK 3.1bSEK 342.1m62.2x68.6x7.6x
Tue, 26 Nov 2024SEK 28.0bSEK 3.1bSEK 342.1m73.5x81.9x9.1x
Thu, 24 Oct 2024SEK 27.1bSEK 2.9bSEK 139.5m124.2x194.6x9.3x
Sat, 21 Sep 2024SEK 22.4bSEK 2.9bSEK 132.9m100x168.4x7.7x
Mon, 19 Aug 2024SEK 29.2bSEK 2.9bSEK 133.4m348.6x219.2x10x
Wed, 17 Jul 2024SEK 26.1bSEK 2.8bSEK 94.0m135.7x277.5x9.5x
Fri, 14 Jun 2024SEK 24.1bSEK 2.8bSEK 94.0m126.9x256.6x8.8x
Sun, 12 May 2024SEK 20.1bSEK 2.7bSEK 68.3m66.6x293.5x7.5x
Tue, 09 Apr 2024SEK 17.9bSEK 2.7bSEK 87.5m32x204.1x6.6x
Thu, 07 Mar 2024SEK 20.5bSEK 2.7bSEK 86.7m65x236.7x7.5x
Sat, 03 Feb 2024SEK 14.9bSEK 827.7m-SEK 59,890,384.0071.2x-248.1x18x
Mon, 01 Jan 2024SEK 13.5bSEK 817.5m-SEK 54,560,384.0081.4x-246.8x16.5x
Wed, 29 Nov 2023SEK 11.0bSEK 817.1m-SEK 54,560,384.0076.9x-200.8x13.4x
Fri, 27 Oct 2023SEK 10.3bSEK 803.1m-SEK 60,878,384.0046x-169.9x12.9x
Sun, 24 Sep 2023SEK 2.0bSEK 800.7m-SEK 63,187,384.0046.6x-32.2x2.5x
Tue, 22 Aug 2023SEK 2.0bSEK 801.9m-SEK 63,765,384.0064x-30.6x2.4x
Thu, 20 Jul 2023SEK 1.9bSEK 780.9m-SEK 60,127,384.0042.3x-31.3x2.4x
Sat, 17 Jun 2023SEK 1.8bSEK 783.0m-SEK 110,683,461.0039.1x-16.1x2.3x
Mon, 15 May 2023SEK 1.8bSEK 774.1m-SEK 68,038,000.0039.3x-27.1x2.4x
Wed, 12 Apr 2023SEK 1.8bSEK 743.9m-SEK 83,525,000.0054.7x-21.1x2.4x
Fri, 10 Mar 2023SEK 1.9bSEK 742.6m-SEK 81,200,000.0036x-23.3x2.6x
Sun, 05 Feb 2023SEK 1.7bSEK 754.2m-SEK 124,350,461.0040.8x-13.9x2.3x
Price to Earnings Ratio

-13.9x


Total Market Cap: SEK 1.7bTotal Earnings: -SEK 124,350,461.00Total Revenue: SEK 754.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Systems Software Industry Price to Earnings3Y Average 41.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Systems Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 36.4x which is lower than its 3-year average PE of 41.8x.
  • The 3-year average PS ratio of 6.6x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • Total earnings for the Systems Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 63% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Swedish Systems Software compare with similar industries?

SE Market1.03%
Tech4.74%
Software2.81%
Systems Software1.74%
Application Software2.99%
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
MSAB B Micro SystemationSEK 69.8019.5%
+SEK 210.5m		26.9%PE26.2x
FREJA Freja eID GroupSEK 16.9512.3%
+SEK 52.8m		50.0%PS8.2x
CLAV Clavister Holding AB (publ.)SEK 4.143.1%
+SEK 46.4m		98.1%PS7.1x
ADVE AdvenicaSEK 20.052.8%
+SEK 24.2m		122.8%PE37.6x
KENH Kentima HoldingSEK 2.846.0%
+SEK 4.7m		19.3%PE20.2x

Latest News

MSAB B
SEK 69.80
Micro Systemation
7D
19.5%
1Y
26.9%
FREJA
SEK 16.95
Freja eID Group
7D
12.3%
1Y
50.0%

Is It Time To Consider Buying Freja eID Group AB (publ) (STO:FREJA)?

Jan 28
Is It Time To Consider Buying Freja eID Group AB (publ) (STO:FREJA)?
YUBICO
SEK 68.46
Yubico
7D
-1.7%
1Y
-72.5%
TENEO
SEK 0.27
Teneo AI
7D
-46.4%
1Y
-51.4%

Teneo AI AB (publ) (STO:TENEO) Might Not Be As Mispriced As It Looks After Plunging 37%

Jan 24
Teneo AI AB (publ) (STO:TENEO) Might Not Be As Mispriced As It Looks After Plunging 37%
CLAV
SEK 4.14
Clavister Holding AB (publ.)
7D
3.1%
1Y
98.1%
KENH
SEK 2.84
Kentima Holding
7D
6.0%
1Y
19.3%
ADVE
SEK 20.05
Advenica
7D
2.8%
1Y
122.8%

After Leaping 29% Advenica AB (publ) (STO:ADVE) Shares Are Not Flying Under The Radar

Dec 21
After Leaping 29% Advenica AB (publ) (STO:ADVE) Shares Are Not Flying Under The Radar
PREC
SEK 2.21
Precise Biometrics
7D
-0.7%
1Y
-47.2%
SFTR
SEK 4.18
Safeture
7D
-5.4%
1Y
-37.1%
EYEW
SEK 16.56
Eye World
7D
-2.0%
1Y
3.5%