Swedish (OMX) Tech Hardware Industry Analysis

UpdatedMar 21, 2026

DataAggregated Company Financials

Companies4

7D-6.9%
3M-23.6%
1Y11.6%
YTD-21.6%

The Tech Hardware is pretty flat in the last 7 days, but Tobii has stood out, gaining 11%. The past year has been better, since the industry has gained 16% in that time. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

Has the Swedish Tech Hardware Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 21 Mar 2026	SEK 9.8b	SEK 4.3b	-SEK 21,000,000.00	32.3x	-466.8x	2.3x
Mon, 16 Feb 2026	SEK 9.3b	SEK 4.3b	-SEK 21,000,000.00	31.6x	-441.5x	2.2x
Wed, 14 Jan 2026	SEK 12.2b	SEK 4.3b	SEK 181.2m	44.8x	67.4x	2.9x
Fri, 12 Dec 2025	SEK 12.9b	SEK 5.2b	SEK 247.8m	17.8x	52x	2.5x
Sun, 09 Nov 2025	SEK 12.5b	SEK 5.2b	SEK 250.1m	16.7x	49.9x	2.4x
Tue, 07 Oct 2025	SEK 14.3b	SEK 5.1b	SEK 280.5m	32.7x	50.8x	2.8x
Thu, 04 Sep 2025	SEK 15.3b	SEK 5.1b	SEK 280.5m	28x	54.5x	3x
Sat, 02 Aug 2025	SEK 17.0b	SEK 5.0b	SEK 282.0m	37.3x	60.2x	3.4x
Mon, 30 Jun 2025	SEK 15.4b	SEK 4.8b	SEK 207.0m	28.8x	74.2x	3.2x
Wed, 28 May 2025	SEK 13.3b	SEK 4.8b	SEK 207.0m	25.8x	64.3x	2.8x
Fri, 25 Apr 2025	SEK 8.3b	SEK 4.5b	SEK 94.9m	20.7x	87.7x	1.8x
Sun, 23 Mar 2025	SEK 9.2b	SEK 4.5b	SEK 95.1m	22.9x	96.4x	2x
Tue, 18 Feb 2025	SEK 9.8b	SEK 4.5b	SEK 95.1m	23.2x	103.4x	2.2x
Thu, 16 Jan 2025	SEK 8.8b	SEK 4.4b	SEK 9.2m	27.7x	959x	2x
Sat, 14 Dec 2024	SEK 8.2b	SEK 4.4b	SEK 9.2m	26.5x	892.9x	1.9x
Mon, 11 Nov 2024	SEK 9.3b	SEK 4.4b	SEK 9.2m	30.5x	1018.2x	2.1x
Wed, 09 Oct 2024	SEK 8.9b	SEK 4.4b	-SEK 35,848,000.00	34.7x	-249.2x	2.1x
Fri, 06 Sep 2024	SEK 7.8b	SEK 4.4b	-SEK 35,848,000.00	31.1x	-216.4x	1.8x
Sun, 04 Aug 2024	SEK 8.2b	SEK 4.5b	-SEK 1,794,000.00	12.7x	-4551.4x	1.8x
Tue, 02 Jul 2024	SEK 8.1b	SEK 4.3b	SEK 2.1m	14.9x	3853.3x	1.9x
Thu, 30 May 2024	SEK 8.7b	SEK 4.3b	SEK 2.1m	14.4x	4109.8x	2x
Sat, 27 Apr 2024	SEK 8.1b	SEK 4.4b	SEK 33.3m	33.7x	243.1x	1.9x
Mon, 25 Mar 2024	SEK 7.8b	SEK 4.3b	SEK 29.6m	37.7x	264.9x	1.8x
Wed, 21 Feb 2024	SEK 6.8b	SEK 4.3b	SEK 29.6m	32.2x	230.9x	1.6x
Fri, 19 Jan 2024	SEK 6.6b	SEK 4.3b	SEK 22.5m	11.8x	290.9x	1.5x
Sun, 17 Dec 2023	SEK 6.7b	SEK 4.3b	SEK 22.5m	13.1x	295.2x	1.5x
Tue, 14 Nov 2023	SEK 6.4b	SEK 4.3b	SEK 4.6m	14.7x	1374.5x	1.5x
Thu, 12 Oct 2023	SEK 6.4b	SEK 4.2b	SEK 39.5m	30.8x	162.6x	1.5x
Sat, 09 Sep 2023	SEK 6.7b	SEK 4.2b	SEK 39.5m	31.8x	168.5x	1.6x
Mon, 07 Aug 2023	SEK 7.0b	SEK 4.0b	SEK 2.3m	30.9x	2991.8x	1.7x
Wed, 05 Jul 2023	SEK 6.6b	SEK 3.9b	SEK 2.0m	32.2x	3239.6x	1.7x
Fri, 02 Jun 2023	SEK 6.8b	SEK 3.9b	SEK 2.0m	34.5x	3325.6x	1.7x
Sun, 30 Apr 2023	SEK 6.8b	SEK 3.8b	-SEK 4,347,000.00	47.7x	-1575.3x	1.8x
Tue, 28 Mar 2023	SEK 6.3b	SEK 3.7b	-SEK 937,000.00	41.2x	-6703.9x	1.7x

Price to Earnings Ratio

-6703.9x

Tue, 28 Mar 2023

Current Industry PE

Investors are optimistic on the Swedish Tech industry, and appear confident in long term growth rates.

The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.4x.

Past Earnings Growth

The earnings for companies in the Tech industry have deteriorated over the last three years.
Meanwhile revenues for these companies have grown 4.5% 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 caused losses to expand.