Seamless Distribution Systems AB (publ)'s (NGM:SDS) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
Aug 05
Swedish (OMX) Software Industry Analysis
UpdatedAug 06, 2024
DataAggregated Company Financials
Companies71
- 7D-9.0%
- 3M1.3%
- 1Y5.1%
- YTD2.1%
The Software industry is down 5.1% over the last week with Fortnox the worst performer, down 5.3%. Over the past 12 months, the industry was up 8.2%. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Swedish Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Aug 2024 | SEK 134.0b | SEK 47.5b | -SEK 4,380,389,023.57 | 51.3x | -30.6x | 2.8x |
| Thu, 04 Jul 2024 | SEK 137.6b | SEK 47.4b | -SEK 4,427,271,509.84 | 55.6x | -31.1x | 2.9x |
| Sat, 01 Jun 2024 | SEK 138.4b | SEK 47.1b | -SEK 4,536,371,329.33 | 52.5x | -30.5x | 2.9x |
| Mon, 29 Apr 2024 | SEK 144.3b | SEK 50.8b | -SEK 4,695,152,062.51 | 47.6x | -30.7x | 2.8x |
| Wed, 27 Mar 2024 | SEK 152.3b | SEK 51.2b | -SEK 4,755,147,590.68 | 48.6x | -32x | 3x |
| Fri, 23 Feb 2024 | SEK 158.6b | SEK 52.0b | -SEK 4,299,869,728.44 | 56.8x | -36.9x | 3x |
| Sun, 21 Jan 2024 | SEK 144.1b | SEK 50.4b | -SEK 4,793,884,094.00 | 65.6x | -30x | 2.9x |
| Tue, 19 Dec 2023 | SEK 151.0b | SEK 50.3b | -SEK 4,700,212,383.00 | 60.3x | -32.1x | 3x |
| Thu, 16 Nov 2023 | SEK 125.2b | SEK 51.1b | -SEK 4,815,332,110.00 | 53.3x | -26x | 2.5x |
| Sat, 14 Oct 2023 | SEK 120.9b | SEK 50.8b | -SEK 9,476,381,229.00 | 44.7x | -12.8x | 2.4x |
| Mon, 11 Sep 2023 | SEK 119.6b | SEK 50.9b | -SEK 9,552,049,740.00 | 46.2x | -12.5x | 2.3x |
| Wed, 09 Aug 2023 | SEK 129.6b | SEK 50.8b | -SEK 9,541,000,597.00 | 45.3x | -13.6x | 2.6x |
| Fri, 07 Jul 2023 | SEK 121.6b | SEK 50.5b | -SEK 9,596,447,418.00 | 40x | -12.7x | 2.4x |
| Sun, 04 Jun 2023 | SEK 132.3b | SEK 50.4b | -SEK 9,562,163,616.00 | 40.8x | -13.8x | 2.6x |
| Tue, 02 May 2023 | SEK 135.8b | SEK 48.3b | -SEK 9,347,444,523.00 | 42.4x | -14.5x | 2.8x |
| Thu, 30 Mar 2023 | SEK 129.6b | SEK 49.7b | -SEK 9,204,455,516.00 | 41.6x | -14.1x | 2.6x |
| Sat, 25 Feb 2023 | SEK 131.4b | SEK 49.3b | -SEK 8,996,260,168.00 | 43.7x | -14.6x | 2.7x |
| Mon, 23 Jan 2023 | SEK 144.5b | SEK 46.2b | -SEK 4,758,610,269.00 | 31.5x | -30.4x | 3.1x |
| Wed, 21 Dec 2022 | SEK 130.1b | SEK 45.9b | -SEK 4,756,146,223.00 | 31.9x | -27.4x | 2.8x |
| Fri, 18 Nov 2022 | SEK 130.7b | SEK 45.7b | -SEK 4,818,302,271.00 | 33.9x | -27.1x | 2.9x |
| Sun, 16 Oct 2022 | SEK 111.4b | SEK 41.7b | SEK 34.1m | 32.6x | 3265.9x | 2.7x |
| Tue, 13 Sep 2022 | SEK 132.0b | SEK 41.4b | SEK 64.5m | 40.5x | 2045.5x | 3.2x |
| Thu, 11 Aug 2022 | SEK 149.3b | SEK 41.0b | SEK 225.4m | 40.2x | 662.2x | 3.6x |
| Sat, 09 Jul 2022 | SEK 150.9b | SEK 37.2b | SEK 160.9m | 34.4x | 937.8x | 4.1x |
| Mon, 06 Jun 2022 | SEK 162.8b | SEK 36.7b | SEK 186.1m | 43.7x | 875.1x | 4.4x |
| Wed, 04 May 2022 | SEK 158.0b | SEK 35.6b | -SEK 139,157,781.00 | 40.5x | -1135.6x | 4.4x |
| Fri, 01 Apr 2022 | SEK 184.6b | SEK 32.0b | SEK 169.7m | 53.1x | 1087.7x | 5.8x |
| Sun, 27 Feb 2022 | SEK 176.9b | SEK 31.9b | SEK 257.3m | 58.2x | 687.7x | 5.5x |
| Tue, 25 Jan 2022 | SEK 205.3b | SEK 26.8b | SEK 616.4m | 70.1x | 333.1x | 7.6x |
| Thu, 23 Dec 2021 | SEK 254.5b | SEK 26.6b | SEK 629.1m | 88.6x | 404.5x | 9.6x |
| Sat, 20 Nov 2021 | SEK 262.9b | SEK 26.0b | SEK 753.2m | 101x | 349x | 10.1x |
| Mon, 18 Oct 2021 | SEK 252.0b | SEK 22.2b | SEK 451.6m | 83.3x | 558x | 11.4x |
| Wed, 15 Sep 2021 | SEK 227.8b | SEK 21.6b | SEK 490.3m | 85.1x | 464.6x | 10.5x |
| Fri, 13 Aug 2021 | SEK 211.1b | SEK 21.4b | SEK 482.6m | 79.5x | 437.4x | 9.8x |
Price to Earnings Ratio
437.4x
Current Industry PE
- Investors are pessimistic on the Swedish Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 30% 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 Trends
Which industries have driven the changes within the Swedish Tech industry?
| SE Market | -6.69% | |
| Tech | -6.55% | |
| Software | -8.96% | |
| Application Software | -8.41% | |
| Systems Software | -11.42% | |
Industry PE
- Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 44.8%, which is higher than its past year's earnings decline of 69.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 70% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 32% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BIM BIMobject | SEK 4.20 | 6.3% +SEK 35.7m | 52.2% | PS3.6x | |
| UPSALE Upsales Technology | SEK 32.20 | 1.9% +SEK 10.1m | -21.8% | PE24x | |
| SDS Seamless Distribution Systems | SEK 7.35 | 8.9% +SEK 9.3m | -10.6% | PS0.5x | |
| COMPDM Compodium International | SEK 8.60 | 14.7% +SEK 5.7m | 5.9% | PS1.3x | |
| NORDIG Nord Insuretech Group | SEK 0.69 | 3.0% +SEK 4.9m | 48.5% | PS21.7x |
