Header cover image

Swedish (OMX) Telecom Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies63
  • 7D-2.4%
  • 3M-4.9%
  • 1Y5.0%
  • YTD3.8%

Over the last 7 days, the Telecom industry has dropped 2.4%, driven by pullbacks in Tele2 and Embracer Group of 4.1% and 6.6%, respectively. Over the past 12 months, the industry was up 5.0%. Earnings are forecast to grow by 42% annually.

Sector Valuation and Performance

Has the Swedish Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024SEK 348.3bSEK 225.9b-SEK 21,637,383,100.8023.2x-16.1x1.5x
Tue, 19 Nov 2024SEK 347.3bSEK 226.2b-SEK 21,559,400,676.0324.8x-16.1x1.5x
Thu, 17 Oct 2024SEK 368.1bSEK 228.8b-SEK 22,337,003,351.2725.2x-16.5x1.6x
Sat, 14 Sep 2024SEK 359.9bSEK 228.8b-SEK 22,334,177,716.8228.8x-16.1x1.6x
Mon, 12 Aug 2024SEK 348.3bSEK 231.1b-SEK 17,847,740,522.1129.1x-19.5x1.5x
Wed, 10 Jul 2024SEK 332.0bSEK 230.7b-SEK 24,151,269,515.1727.4x-13.7x1.4x
Fri, 07 Jun 2024SEK 326.5bSEK 230.7b-SEK 23,989,437,939.7826.4x-13.6x1.4x
Sun, 05 May 2024SEK 325.1bSEK 231.5b-SEK 5,114,695,610.6533.2x-63.6x1.4x
Tue, 02 Apr 2024SEK 318.0bSEK 212.6bSEK 3.8b22.3x82.8x1.5x
Thu, 29 Feb 2024SEK 291.5bSEK 212.6bSEK 3.8b27.5x76.7x1.4x
Sat, 27 Jan 2024SEK 301.5bSEK 229.6bSEK 919.9m25.6x327.8x1.3x
Mon, 25 Dec 2023SEK 305.4bSEK 234.5b-SEK 14,363,143,655.0030.3x-21.3x1.3x
Wed, 22 Nov 2023SEK 287.3bSEK 234.3b-SEK 13,668,199,274.0020.6x-21x1.2x
Fri, 20 Oct 2023SEK 284.6bSEK 230.7b-SEK 10,348,557,980.0025.4x-27.5x1.2x
Sun, 17 Sep 2023SEK 290.0bSEK 230.7b-SEK 10,404,533,339.0025.2x-27.9x1.3x
Tue, 15 Aug 2023SEK 296.7bSEK 226.4b-SEK 12,969,546,169.0022.4x-22.9x1.3x
Thu, 13 Jul 2023SEK 304.7bSEK 223.4b-SEK 6,044,379,854.0019.8x-50.4x1.4x
Sat, 10 Jun 2023SEK 306.0bSEK 223.4b-SEK 6,067,850,424.0018.2x-50.4x1.4x
Mon, 08 May 2023SEK 375.9bSEK 221.9b-SEK 11,965,977,756.0021.7x-31.4x1.7x
Wed, 05 Apr 2023SEK 364.5bSEK 218.8b-SEK 9,414,171,031.0020.2x-38.7x1.7x
Fri, 03 Mar 2023SEK 363.6bSEK 218.9b-SEK 9,652,751,832.0019.3x-37.7x1.7x
Sun, 29 Jan 2023SEK 352.8bSEK 208.9b-SEK 12,277,455,594.0022.7x-28.7x1.7x
Tue, 27 Dec 2022SEK 339.8bSEK 207.9bSEK 7.7b22.1x44.3x1.6x
Thu, 24 Nov 2022SEK 343.8bSEK 207.6bSEK 7.4b22.1x46.8x1.7x
Sat, 22 Oct 2022SEK 352.5bSEK 197.7bSEK 6.0b22.2x59.1x1.8x
Mon, 19 Sep 2022SEK 406.6bSEK 195.8bSEK 5.9b21.5x69.1x2.1x
Wed, 17 Aug 2022SEK 456.7bSEK 190.7bSEK 6.2b23.9x73.2x2.4x
Fri, 15 Jul 2022SEK 459.0bSEK 187.8bSEK 12.7b19.5x36.1x2.4x
Sun, 12 Jun 2022SEK 467.6bSEK 187.6bSEK 12.7b23.6x36.8x2.5x
Tue, 10 May 2022SEK 452.6bSEK 183.2bSEK 14.7b25.7x30.8x2.5x
Thu, 07 Apr 2022SEK 501.4bSEK 181.5bSEK 12.8b40.4x39.2x2.8x
Sat, 05 Mar 2022SEK 434.7bSEK 181.7bSEK 12.6b32.3x34.4x2.4x
Mon, 31 Jan 2022SEK 494.7bSEK 174.9bSEK 17.6b34.2x28.2x2.8x
Wed, 29 Dec 2021SEK 510.2bSEK 174.2b-SEK 7,907,022,577.0052.7x-64.5x2.9x
Price to Earnings Ratio

-64.5x


Total Market Cap: SEK 510.2bTotal Earnings: -SEK 7,907,022,577.00Total Revenue: SEK 174.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Telecom Sector Price to Earnings3Y Average 15.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 9.0% 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.

Industry Trends

Which industries have driven the changes within the Swedish Telecom sector?

SE Market-2.70%
Telecom-2.36%
Media-0.92%
Telecom Services and Carriers-1.14%
Entertainment-2.35%
Interactive Media and Services-3.09%
Wireless Telecom-4.11%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 27.2%, which is higher than its past year's earnings growth of 14.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 97% over the next 5 years.
  • This is better than its past earnings decline of 43% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 8.5% 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
PDX Paradox InteractiveSEK 205.203.7%
+SEK 771.0m
-9.9%PE58.2x
OVZON OvzonSEK 16.2428.3%
+SEK 399.3m
16.8%PS5.5x
MTG B Modern Times Group MTGSEK 95.602.1%
+SEK 237.3m
9.9%PS1.9x
STORY B StorytelSEK 68.601.8%
+SEK 92.6m
71.9%PS1.4x
SF Stillfront GroupSEK 8.241.5%
+SEK 60.9m
-32.6%PS0.6x
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

EMBRAC B

SEK 30.40

Embracer Group

7D

-6.6%

1Y

10.6%

HEM

SEK 329.20

Hemnet Group

7D

-3.9%

1Y

39.7%

ACAST

SEK 15.25

Acast

7D

0.7%

1Y

59.7%

OVZON

SEK 16.24

Ovzon

7D

28.3%

1Y

16.8%

EDYOU

SEK 0.97

edyoutec

7D

8.2%

1Y

2.4%

BETCO

SEK 111.60

Better Collective

7D

-3.0%

1Y

-56.4%

BAHN B

SEK 50.60

Bahnhof

7D

-3.3%

1Y

37.1%

MTG B

SEK 95.60

Modern Times Group MTG

7D

2.1%

1Y

9.9%

KAR

SEK 81.00

Karnov Group

7D

-1.1%

1Y

50.0%

TRANS

SEK 15.18

Transtema Group

7D

2.0%

1Y

-8.7%

STORY B

SEK 68.60

Storytel

7D

1.8%

1Y

71.9%

VPLAY B

SEK 0.63

Viaplay Group

7D

-5.5%

1Y

-88.5%