Advenica AB (publ)'s (STO:ADVE) 45% Share Price Surge Not Quite Adding Up
Mar 29
Swedish (OMX) Systems Software Industry Analysis
UpdatedApr 15, 2024
DataAggregated Company Financials
Companies8
- 7D1.7%
- 3M33.2%
- 1Y79.1%
- YTDn/a
Over the last 7 days, the Systems Software industry has remained flat, although notably Advenica declined by 28%. As for the the longer term, the industry is up 79% over the past 12 months. As for the next few years, earnings are expected to grow by 41% per annum.
Industry Valuation and Performance
Has the Swedish Systems Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | kr18.2b | kr2.7b | kr87.5m | 32.8x | 208.1x | 6.7x |
| Thu, 14 Mar 2024 | kr19.5b | kr2.7b | kr86.7m | 65x | 225.2x | 7.2x |
| Sat, 10 Feb 2024 | kr14.4b | kr827.1m | -kr60,590,384.00 | 70.7x | -237x | 17.4x |
| Mon, 08 Jan 2024 | kr13.1b | kr817.5m | -kr54,560,384.00 | 78.6x | -240.8x | 16.1x |
| Wed, 06 Dec 2023 | kr11.1b | kr817.1m | -kr54,560,384.00 | 73.6x | -202.5x | 13.5x |
| Fri, 03 Nov 2023 | kr10.8b | kr819.0m | -kr52,929,384.00 | 34.6x | -203.7x | 13.2x |
| Sun, 01 Oct 2023 | kr2.0b | kr800.7m | -kr63,187,384.00 | 45.2x | -31.7x | 2.5x |
| Tue, 29 Aug 2023 | kr2.0b | kr801.0m | -kr63,187,384.00 | 44.8x | -31.6x | 2.5x |
| Thu, 27 Jul 2023 | kr1.9b | kr804.6m | -kr64,212,384.00 | 65.2x | -29.5x | 2.4x |
| Sat, 24 Jun 2023 | kr1.8b | kr780.9m | -kr60,157,384.00 | 39.2x | -30.6x | 2.4x |
| Mon, 22 May 2023 | kr1.8b | kr782.0m | -kr60,155,000.00 | 36.8x | -29.2x | 2.2x |
| Wed, 19 Apr 2023 | kr1.7b | kr743.9m | -kr83,525,000.00 | 55.9x | -20.9x | 2.4x |
| Fri, 17 Mar 2023 | kr1.9b | kr742.6m | -kr81,200,000.00 | 37.6x | -23.2x | 2.5x |
| Sun, 12 Feb 2023 | kr1.7b | kr762.3m | -kr115,665,461.00 | 41x | -14.6x | 2.2x |
| Tue, 10 Jan 2023 | kr1.8b | kr756.1m | -kr117,927,461.00 | 33.2x | -15.1x | 2.4x |
| Thu, 08 Dec 2022 | kr1.6b | kr756.5m | -kr117,927,461.00 | 31.2x | -13.8x | 2.1x |
| Sat, 05 Nov 2022 | kr1.7b | kr753.0m | -kr127,702,461.00 | 33.3x | -13.3x | 2.3x |
| Mon, 03 Oct 2022 | kr1.8b | kr737.4m | -kr122,601,461.00 | 22.7x | -14.8x | 2.5x |
| Wed, 31 Aug 2022 | kr2.0b | kr733.4m | -kr121,861,461.00 | 24.7x | -16.4x | 2.7x |
| Fri, 29 Jul 2022 | kr2.0b | kr721.2m | -kr135,138,461.00 | 23.8x | -14.8x | 2.8x |
| Sun, 26 Jun 2022 | kr1.9b | kr693.1m | -kr144,598,461.00 | 24.6x | -13.2x | 2.8x |
| Tue, 24 May 2022 | kr2.3b | kr696.9m | -kr145,191,000.00 | 27.5x | -15.8x | 3.3x |
| Thu, 21 Apr 2022 | kr2.7b | kr666.1m | -kr154,594,000.00 | 51.8x | -17.6x | 4.1x |
| Sat, 19 Mar 2022 | kr2.3b | kr580.9m | -kr144,618,000.00 | 56.3x | -15.8x | 3.9x |
| Mon, 14 Feb 2022 | kr2.2b | kr553.8m | -kr110,991,320.00 | 51.8x | -19.6x | 3.9x |
| Wed, 12 Jan 2022 | kr1.9b | kr510.7m | -kr124,286,320.00 | 61.8x | -15.2x | 3.7x |
| Fri, 10 Dec 2021 | kr2.0b | kr510.7m | -kr124,286,320.00 | 69.4x | -16.1x | 3.9x |
| Sun, 07 Nov 2021 | kr2.1b | kr511.7m | -kr120,303,320.00 | 96.4x | -17.7x | 4.2x |
| Tue, 05 Oct 2021 | kr2.2b | kr500.9m | -kr113,870,320.00 | 88.7x | -19.5x | 4.4x |
| Thu, 02 Sep 2021 | kr2.5b | kr500.9m | -kr113,870,320.00 | 83x | -21.5x | 4.9x |
| Sat, 31 Jul 2021 | kr2.5b | kr500.9m | -kr113,870,320.00 | 78.8x | -21.8x | 4.9x |
| Tue, 04 May 2021 | kr2.4b | kr502.9m | -kr103,781,820.00 | 33.4x | -23.5x | 4.8x |
Price to Earnings Ratio
-23.5x
Current Industry PE
- Investors are optimistic on the Swedish Systems Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 208x which is higher than its 3-year average PE of -32.0x.
- The 3-year average PS ratio of 4.9x is lower than the industry's current PS ratio of 6.7x.
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 76% 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 Market | -1.58% | |
| Tech | -1.12% | |
| Software | -1.00% | |
| Systems Software | 1.73% | |
| Application Software | -1.38% | |
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 | |
|---|---|---|---|---|---|
| EOID Eyeonid Group | kr9.49 | 17.5% +kr40.1m | 163.6% | PS13.3x | |
| CLAV Clavister Holding AB (publ.) | kr1.07 | 15.0% +kr31.4m | -72.0% | PS1.5x | |
| ASAI Artificial Solutions International | kr0.57 | 21.8% +kr27.9m | -46.1% | PS1.9x | |
| KENH Kentima Holding | kr1.89 | 8.6% +kr4.4m | -30.5% | PE32.8x |