Header cover image

Swedish (OMX) Software Industry Analysis

UpdatedAug 02, 2024
DataAggregated Company Financials
Companies72
  • 7D0.2%
  • 3M9.1%
  • 1Y14.6%
  • YTD11.4%

The Software industry has been flat over the last week, but Sinch has lost 3.6%. As for the the longer term, the industry is up 15% over the past 12 months. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 Aug 2024SEK 146.1bSEK 47.5b-SEK 4,410,704,580.6656.2x-33.1x3.1x
Sun, 30 Jun 2024SEK 139.5bSEK 47.4b-SEK 4,442,797,276.3855.4x-31.4x2.9x
Tue, 28 May 2024SEK 139.4bSEK 47.2b-SEK 4,588,349,569.0755.5x-30.4x3x
Thu, 25 Apr 2024SEK 144.6bSEK 50.8b-SEK 4,816,176,966.9346.6x-30x2.8x
Sat, 23 Mar 2024SEK 148.9bSEK 51.1b-SEK 4,731,392,197.8250.1x-31.5x2.9x
Mon, 19 Feb 2024SEK 161.1bSEK 51.0b-SEK 4,472,010,792.0058.3x-36x3.2x
Wed, 17 Jan 2024SEK 144.7bSEK 50.4b-SEK 4,773,724,957.0066.6x-30.3x2.9x
Fri, 15 Dec 2023SEK 149.5bSEK 50.4b-SEK 4,722,541,181.0055.2x-31.7x3x
Sun, 12 Nov 2023SEK 120.7bSEK 51.3b-SEK 4,904,331,014.0050.6x-24.6x2.4x
Tue, 10 Oct 2023SEK 112.2bSEK 50.8b-SEK 9,477,345,910.0044.5x-11.8x2.2x
Thu, 07 Sep 2023SEK 122.6bSEK 51.0b-SEK 9,559,086,138.0045.6x-12.8x2.4x
Sat, 05 Aug 2023SEK 133.1bSEK 50.7b-SEK 9,518,499,066.0046.4x-14x2.6x
Mon, 03 Jul 2023SEK 126.4bSEK 50.5b-SEK 9,593,379,065.0038.5x-13.2x2.5x
Wed, 31 May 2023SEK 129.4bSEK 50.5b-SEK 9,604,727,394.0039.9x-13.5x2.6x
Fri, 28 Apr 2023SEK 133.8bSEK 50.1b-SEK 9,176,218,270.0040x-14.6x2.7x
Sun, 26 Mar 2023SEK 128.3bSEK 49.3b-SEK 9,176,757,678.0044.6x-14x2.6x
Tue, 21 Feb 2023SEK 144.5bSEK 48.7b-SEK 5,348,750,361.0043x-27x3x
Thu, 19 Jan 2023SEK 151.8bSEK 46.2b-SEK 4,758,011,050.0031.8x-31.9x3.3x
Sat, 17 Dec 2022SEK 133.7bSEK 45.8b-SEK 4,754,472,900.0032.4x-28.1x2.9x
Mon, 14 Nov 2022SEK 147.3bSEK 45.9b-SEK 4,823,226,914.0035.6x-30.5x3.2x
Wed, 12 Oct 2022SEK 108.8bSEK 41.7bSEK 34.3m31.4x3173.9x2.6x
Fri, 09 Sep 2022SEK 127.8bSEK 41.5bSEK 58.2m39.7x2195.9x3.1x
Sun, 07 Aug 2022SEK 150.2bSEK 40.9bSEK 206.2m27.7x728.1x3.7x
Tue, 05 Jul 2022SEK 134.8bSEK 37.2bSEK 224.4m32.5x601x3.6x
Thu, 02 Jun 2022SEK 164.1bSEK 36.7bSEK 190.9m43.9x859.4x4.5x
Sat, 30 Apr 2022SEK 163.9bSEK 35.5b-SEK 152,074,549.0042x-1077.8x4.6x
Mon, 28 Mar 2022SEK 191.4bSEK 32.0bSEK 122.6m54.9x1561.9x6x
Wed, 23 Feb 2022SEK 171.6bSEK 31.0bSEK 486.3m57.3x352.8x5.5x
Fri, 21 Jan 2022SEK 225.7bSEK 26.8bSEK 624.8m76.3x361.2x8.4x
Sun, 19 Dec 2021SEK 245.8bSEK 26.6bSEK 629.2m75.6x390.6x9.2x
Tue, 16 Nov 2021SEK 259.9bSEK 25.9bSEK 758.0m98.1x342.8x10x
Thu, 14 Oct 2021SEK 231.1bSEK 21.6bSEK 471.4m86.6x490.1x10.7x
Sat, 11 Sep 2021SEK 229.5bSEK 21.6bSEK 494.2m86.3x464.3x10.6x
Mon, 09 Aug 2021SEK 212.1bSEK 21.4bSEK 482.6m76.2x439.4x9.9x
Price to Earnings Ratio

439.4x


Total Market Cap: SEK 212.1bTotal Earnings: SEK 482.6mTotal Revenue: SEK 21.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Software Industry Price to Earnings3Y Average 309.8x202220232024
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 4.4x is higher than the industry's current PS ratio of 3.1x.
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-0.60%
Tech-0.67%
Software0.18%
Systems Software0.66%
Application Software0.073%
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?

CompanyLast Price7D1YValuation
247 24SevenOffice GroupSEK 24.4010.4%
+SEK 156.3m		187.7%PS4.7x
PREC Precise BiometricsSEK 7.1013.6%
+SEK 65.8m		457.3%PS7.1x
UPSALE Upsales TechnologySEK 33.8011.2%
+SEK 57.3m		-17.4%PE25.2x
ARCA ArcarioSEK 0.02620.7%
+SEK 54.8m		-5.1%PS1.1x
TERRNT B TerranetSEK 0.2525.1%
+SEK 53.6m		86.7%PS102x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

UPSALE

SEK 33.80

Upsales Technology

7D

11.2%

1Y

-17.4%

PREC

SEK 7.10

Precise Biometrics

7D

13.6%

1Y

457.3%

We Think Precise Biometrics (STO:PREC) Can Easily Afford To Drive Business Growth

Jul 31
We Think Precise Biometrics (STO:PREC) Can Easily Afford To Drive Business Growth

CHECK

SEK 28.90

Checkin.Com Group

7D

-6.5%

1Y

-16.5%

Returns On Capital Are Showing Encouraging Signs At Checkin.Com Group (STO:CHECK)

Jul 29
Returns On Capital Are Showing Encouraging Signs At Checkin.Com Group (STO:CHECK)

TRUE B

SEK 33.10

Truecaller

7D

-2.6%

1Y

-17.3%

Analyst Estimates: Here's What Brokers Think Of Truecaller AB (publ) (STO:TRUE B) After Its Second-Quarter Report

Jul 24
Analyst Estimates: Here's What Brokers Think Of Truecaller AB (publ) (STO:TRUE B) After Its Second-Quarter Report

SINCH

SEK 27.49

Sinch

7D

-3.7%

1Y

2.9%

247

SEK 24.40

24SevenOffice Group

7D

10.4%

1Y

187.7%

FNOX

SEK 65.02

Fortnox

7D

-1.2%

1Y

2.8%

IAR B

SEK 159.00

IAR Systems Group

7D

-3.6%

1Y

79.3%

TERRNT B

SEK 0.25

Terranet

7D

25.1%

1Y

86.7%

ARCA

SEK 0.026

Arcario

7D

20.7%

1Y

-5.1%

4C

SEK 19.95

4C Group

7D

8.1%

1Y

-24.0%

BFG

SEK 52.00

Byggfakta Group Nordic HoldCo

7D

-0.6%

1Y

42.5%

SKOLON

SEK 23.80

Skolon

7D

6.3%

1Y

-1.2%

EOID

SEK 40.20

Eyeon Group

7D

-5.3%

1Y

1,769.8%

PAGERO

SEK 49.00

Pagero Group

7D

-0.8%

1Y

218.6%