Micro Systemation (STO:MSAB B) Has Announced A Dividend Of SEK0.50
Jul 22
Swedish (OMX) Software Industry Analysis
UpdatedJul 22, 2024
DataAggregated Company Financials
Companies71
- 7D3.7%
- 3M9.2%
- 1Y9.5%
- YTD10.7%
In the last week, the Software industry is up 3.7%, with Sinch up 13%. In the last 12 months, the industry was up 9.5%. As for the next few years, earnings are expected to grow by 33% 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 |
|---|---|---|---|---|---|---|
| Mon, 22 Jul 2024 | SEK 144.8b | SEK 47.5b | -SEK 4,461,725,035.17 | 57.6x | -32.5x | 3x |
| Wed, 19 Jun 2024 | SEK 138.2b | SEK 47.5b | -SEK 4,402,840,317.18 | 55.1x | -31.4x | 2.9x |
| Fri, 17 May 2024 | SEK 150.1b | SEK 50.4b | -SEK 4,563,190,976.17 | 54.5x | -32.9x | 3x |
| Sun, 14 Apr 2024 | SEK 144.3b | SEK 51.2b | -SEK 4,811,461,017.38 | 49.5x | -30x | 2.8x |
| Tue, 12 Mar 2024 | SEK 157.3b | SEK 52.1b | -SEK 4,938,555,660.11 | 57.1x | -31.8x | 3x |
| Thu, 08 Feb 2024 | SEK 144.2b | SEK 50.0b | -SEK 4,727,324,501.86 | 59.7x | -30.5x | 2.9x |
| Sat, 06 Jan 2024 | SEK 147.5b | SEK 50.4b | -SEK 4,722,543,793.00 | 65.5x | -31.2x | 2.9x |
| Mon, 04 Dec 2023 | SEK 133.7b | SEK 50.3b | -SEK 4,754,525,427.00 | 56.6x | -28.1x | 2.7x |
| Wed, 01 Nov 2023 | SEK 109.1b | SEK 51.1b | -SEK 9,716,132,155.00 | 38x | -11.2x | 2.1x |
| Fri, 29 Sep 2023 | SEK 116.2b | SEK 50.8b | -SEK 9,463,215,103.00 | 44.1x | -12.3x | 2.3x |
| Sun, 27 Aug 2023 | SEK 119.6b | SEK 51.0b | -SEK 9,555,265,948.00 | 45x | -12.5x | 2.3x |
| Tue, 25 Jul 2023 | SEK 136.2b | SEK 50.7b | -SEK 9,459,245,033.00 | 47.7x | -14.4x | 2.7x |
| Thu, 22 Jun 2023 | SEK 126.1b | SEK 50.5b | -SEK 9,591,565,704.00 | 38.9x | -13.1x | 2.5x |
| Sat, 20 May 2023 | SEK 136.3b | SEK 50.3b | -SEK 9,451,524,171.00 | 37.5x | -14.4x | 2.7x |
| Mon, 17 Apr 2023 | SEK 131.4b | SEK 49.5b | -SEK 9,248,597,928.00 | 43.3x | -14.2x | 2.7x |
| Wed, 15 Mar 2023 | SEK 135.1b | SEK 49.3b | -SEK 9,179,714,019.00 | 40.7x | -14.7x | 2.7x |
| Fri, 10 Feb 2023 | SEK 150.1b | SEK 44.2b | -SEK 4,737,222,886.00 | 40.7x | -31.7x | 3.4x |
| Sun, 08 Jan 2023 | SEK 145.1b | SEK 46.2b | -SEK 4,759,427,351.00 | 33.6x | -30.5x | 3.1x |
| Tue, 06 Dec 2022 | SEK 138.1b | SEK 45.7b | -SEK 4,811,587,509.00 | 33.8x | -28.7x | 3x |
| Thu, 03 Nov 2022 | SEK 133.6b | SEK 42.3b | SEK 53.4m | 38.9x | 2500.5x | 3.2x |
| Sat, 01 Oct 2022 | SEK 112.1b | SEK 41.6b | SEK 36.9m | 33x | 3043x | 2.7x |
| Mon, 29 Aug 2022 | SEK 129.2b | SEK 41.4b | SEK 63.0m | 40.1x | 2049.5x | 3.1x |
| Wed, 27 Jul 2022 | SEK 145.2b | SEK 40.9b | SEK 172.4m | 38.4x | 842.3x | 3.6x |
| Fri, 24 Jun 2022 | SEK 142.9b | SEK 37.2b | SEK 225.8m | 35.4x | 632.9x | 3.8x |
| Sun, 22 May 2022 | SEK 160.2b | SEK 36.8b | SEK 130.8m | 44.8x | 1224x | 4.4x |
| Tue, 19 Apr 2022 | SEK 188.4b | SEK 32.0b | -SEK 129,513,036.00 | 52.7x | -1454.5x | 5.9x |
| Thu, 17 Mar 2022 | SEK 184.6b | SEK 31.9b | SEK 131.2m | 54.8x | 1407.4x | 5.8x |
| Sat, 12 Feb 2022 | SEK 214.7b | SEK 26.8b | SEK 535.7m | 74.8x | 400.8x | 8x |
| Mon, 10 Jan 2022 | SEK 239.6b | SEK 26.7b | SEK 631.7m | 86.2x | 379.4x | 9x |
| Wed, 08 Dec 2021 | SEK 246.4b | SEK 26.6b | SEK 630.4m | 76.8x | 390.8x | 9.3x |
| Fri, 05 Nov 2021 | SEK 247.2b | SEK 25.5b | SEK 706.2m | 85.4x | 350.1x | 9.7x |
| Sun, 03 Oct 2021 | SEK 216.9b | SEK 21.6b | SEK 485.2m | 82.7x | 447.1x | 10x |
| Tue, 31 Aug 2021 | SEK 233.5b | SEK 21.4b | SEK 482.6m | 83.3x | 483.9x | 10.9x |
Price to Earnings Ratio
439.4x
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 4.4x 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 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 | -1.00% | |
| Tech | -1.81% | |
| Software | 3.66% | |
| Systems Software | 11.17% | |
| Application Software | 2.11% | |
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 31% 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 | |
|---|---|---|---|---|---|
| SINCH Sinch | SEK 26.38 | 13.1% +SEK 2.6b | -6.3% | PE113.6x | |
| YUBICO Yubico | SEK 266.00 | 7.0% +SEK 1.5b | 164.4% | PE138.3x | |
| 247 24SevenOffice Group | SEK 23.40 | 17.9% +SEK 241.3m | 260.0% | PS4.5x | |
| TRUE B Truecaller | SEK 35.66 | 1.5% +SEK 179.8m | -20.5% | PE25.8x | |
| LIME Lime Technologies | SEK 373.00 | 2.2% +SEK 106.3m | 38.4% | PE57.6x |
