Swedish (OMX) Software Industry Analysis
UpdatedJul 21, 2024
DataAggregated Company Financials
Companies71
- 7D2.9%
- 3M11.6%
- 1Y12.3%
- YTD10.7%
In the last week, the Software industry is up 2.9%, with Yubico up 13%. In the last 12 months, the industry was up 12%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Jul 2024 | SEK 144.8b | SEK 47.8b | -SEK 4,485,394,331.91 | 57.6x | -32.3x | 3x |
| Tue, 18 Jun 2024 | SEK 137.8b | SEK 47.6b | -SEK 4,422,593,171.35 | 56.2x | -31.1x | 2.9x |
| Thu, 16 May 2024 | SEK 150.5b | SEK 50.4b | -SEK 4,551,309,855.22 | 54.5x | -33.1x | 3x |
| Sat, 13 Apr 2024 | SEK 144.3b | SEK 51.2b | -SEK 4,811,461,017.38 | 49.5x | -30x | 2.8x |
| Mon, 11 Mar 2024 | SEK 158.2b | SEK 52.1b | -SEK 4,934,134,160.86 | 58x | -32.1x | 3x |
| Wed, 07 Feb 2024 | SEK 142.0b | SEK 50.0b | -SEK 4,733,024,245.73 | 58.3x | -30x | 2.8x |
| Fri, 05 Jan 2024 | SEK 146.2b | SEK 50.4b | -SEK 4,707,891,091.00 | 66x | -31.1x | 2.9x |
| Sun, 03 Dec 2023 | SEK 133.7b | SEK 50.3b | -SEK 4,754,525,427.00 | 56.6x | -28.1x | 2.7x |
| Tue, 31 Oct 2023 | SEK 107.2b | SEK 51.1b | -SEK 9,720,706,645.00 | 39.2x | -11x | 2.1x |
| Thu, 28 Sep 2023 | SEK 115.5b | SEK 50.8b | -SEK 9,486,269,429.00 | 43.9x | -12.2x | 2.3x |
| Sat, 26 Aug 2023 | SEK 119.6b | SEK 51.0b | -SEK 9,558,209,537.00 | 45x | -12.5x | 2.3x |
| Mon, 24 Jul 2023 | SEK 133.0b | SEK 50.7b | -SEK 9,467,835,675.00 | 47.1x | -14x | 2.6x |
| Wed, 21 Jun 2023 | SEK 127.6b | SEK 50.5b | -SEK 9,601,875,626.00 | 39.1x | -13.3x | 2.5x |
| Fri, 19 May 2023 | SEK 135.6b | SEK 50.3b | -SEK 9,453,826,562.00 | 37.5x | -14.3x | 2.7x |
| Sun, 16 Apr 2023 | SEK 131.4b | SEK 49.5b | -SEK 9,248,597,928.00 | 43.3x | -14.2x | 2.7x |
| Tue, 14 Mar 2023 | SEK 134.5b | SEK 49.4b | -SEK 9,229,617,105.00 | 41x | -14.6x | 2.7x |
| Thu, 09 Feb 2023 | SEK 150.6b | SEK 46.6b | -SEK 4,818,944,696.00 | 40.4x | -31.2x | 3.2x |
| Sat, 07 Jan 2023 | SEK 145.1b | SEK 46.2b | -SEK 4,759,555,178.00 | 33.6x | -30.5x | 3.1x |
| Mon, 05 Dec 2022 | SEK 136.0b | SEK 45.7b | -SEK 4,810,866,869.00 | 32.1x | -28.3x | 3x |
| Wed, 02 Nov 2022 | SEK 124.0b | SEK 42.3b | SEK 53.0m | 36.7x | 2340.8x | 2.9x |
| Fri, 30 Sep 2022 | SEK 111.4b | SEK 41.7b | SEK 35.6m | 34.4x | 3128.8x | 2.7x |
| Sun, 28 Aug 2022 | SEK 129.2b | SEK 41.4b | SEK 62.3m | 40.1x | 2074.5x | 3.1x |
| Tue, 26 Jul 2022 | SEK 150.1b | SEK 40.9b | SEK 173.2m | 39.3x | 866.4x | 3.7x |
| Thu, 23 Jun 2022 | SEK 144.1b | SEK 37.2b | SEK 226.6m | 34.9x | 635.8x | 3.9x |
| Sat, 21 May 2022 | SEK 160.1b | SEK 36.8b | SEK 130.8m | 44.8x | 1223.9x | 4.4x |
| Mon, 18 Apr 2022 | SEK 188.4b | SEK 32.0b | -SEK 129,401,168.00 | 52.7x | -1455.7x | 5.9x |
| Wed, 16 Mar 2022 | SEK 173.4b | SEK 32.0b | SEK 129.4m | 52.6x | 1340.4x | 5.4x |
| Fri, 11 Feb 2022 | SEK 217.9b | SEK 26.8b | SEK 659.7m | 73.7x | 330.2x | 8.1x |
| Sun, 09 Jan 2022 | SEK 239.6b | SEK 26.7b | SEK 631.7m | 86.2x | 379.4x | 9x |
| Tue, 07 Dec 2021 | SEK 246.4b | SEK 26.6b | SEK 630.4m | 76.8x | 390.8x | 9.3x |
| Thu, 04 Nov 2021 | SEK 239.1b | SEK 25.5b | SEK 710.9m | 82.4x | 336.3x | 9.4x |
| Sat, 02 Oct 2021 | SEK 218.2b | SEK 21.6b | SEK 485.2m | 82.7x | 449.6x | 10.1x |
| Mon, 30 Aug 2021 | SEK 229.6b | SEK 21.4b | SEK 482.6m | 85.2x | 475.8x | 10.7x |
Price to Earnings Ratio
437.7x
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 3.0x.
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 31% 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 | -1.84% | |
| Tech | -2.90% | |
| Software | 2.88% | |
| Systems Software | 11.18% | |
| Application Software | 1.18% | |
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 44.7%, which is higher than its past year's earnings decline of 55.8% 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 56% 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 | |
|---|---|---|---|---|---|
| YUBICO Yubico | SEK 266.00 | 13.2% +SEK 2.7b | 164.9% | PE138.3x | |
| SINCH Sinch | SEK 26.38 | 7.5% +SEK 1.5b | 5.9% | PE718x | |
| TRUE B Truecaller | SEK 35.66 | 2.5% +SEK 297.4m | -17.1% | PE22x | |
| 247 24SevenOffice Group | SEK 23.40 | 20.6% +SEK 271.9m | 258.9% | PS4.5x | |
| FNOX Fortnox | SEK 64.16 | 0.5% +SEK 207.4m | -1.6% | PE60.2x |