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Apr 13
Swedish (OMX) Telecom Sector Analysis
UpdatedApr 13, 2024
DataAggregated Company Financials
Companies67
- 7D-0.5%
- 3M3.1%
- 1Y-10.1%
- YTD2.1%
The Telecom industry has been flat over the last week, but Telia Company has lost 4.1%. As for the longer term, the industry has declined 10% in the last year. Looking forward, earnings are forecast to grow by 32% annually.
Sector Valuation and Performance
Has the Swedish Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 14 Apr 2024 | kr319.1b | kr212.9b | kr3.7b | 22.9x | 85.6x | 1.5x |
| Tue, 12 Mar 2024 | kr289.4b | kr212.4b | kr3.9b | 23.5x | 75.1x | 1.4x |
| Thu, 08 Feb 2024 | kr290.8b | kr230.2b | kr969.4m | 24.8x | 299.9x | 1.3x |
| Sat, 06 Jan 2024 | kr309.2b | kr234.6b | -kr14,352,052,582.00 | 28.3x | -21.5x | 1.3x |
| Mon, 04 Dec 2023 | kr292.4b | kr234.6b | -kr14,364,045,274.00 | 27.9x | -20.4x | 1.2x |
| Wed, 01 Nov 2023 | kr272.9b | kr231.7b | -kr10,994,221,367.00 | 26.5x | -24.8x | 1.2x |
| Fri, 29 Sep 2023 | kr275.5b | kr230.5b | -kr10,430,892,702.00 | 24.7x | -26.4x | 1.2x |
| Sun, 27 Aug 2023 | kr280.3b | kr231.3b | -kr10,591,323,250.00 | 21.3x | -26.5x | 1.2x |
| Tue, 25 Jul 2023 | kr305.6b | kr225.8b | -kr13,229,877,715.00 | 24.2x | -23.1x | 1.4x |
| Thu, 22 Jun 2023 | kr296.4b | kr223.5b | -kr6,076,275,042.00 | 18x | -48.8x | 1.3x |
| Sat, 20 May 2023 | kr354.2b | kr222.7b | -kr11,929,059,203.00 | 19.5x | -29.7x | 1.6x |
| Mon, 17 Apr 2023 | kr366.7b | kr218.8b | -kr9,450,862,786.00 | 20.7x | -38.8x | 1.7x |
| Wed, 15 Mar 2023 | kr367.0b | kr219.0b | -kr9,522,130,351.00 | 18.2x | -38.5x | 1.7x |
| Fri, 10 Feb 2023 | kr357.2b | kr209.5b | -kr12,220,036,463.00 | 22.7x | -29.2x | 1.7x |
| Sun, 08 Jan 2023 | kr349.0b | kr207.9b | kr7.7b | 22.6x | 45.6x | 1.7x |
| Tue, 06 Dec 2022 | kr354.3b | kr207.8b | kr7.7b | 22.6x | 46.2x | 1.7x |
| Thu, 03 Nov 2022 | kr361.8b | kr199.6b | kr6.8b | 23.1x | 53.4x | 1.8x |
| Sat, 01 Oct 2022 | kr387.6b | kr195.9b | kr5.9b | 22x | 65.9x | 2x |
| Mon, 29 Aug 2022 | kr432.8b | kr195.7b | kr5.9b | 22.2x | 73.7x | 2.2x |
| Wed, 27 Jul 2022 | kr456.6b | kr190.2b | kr6.0b | 21.9x | 75.6x | 2.4x |
| Fri, 24 Jun 2022 | kr449.1b | kr187.7b | kr12.7b | 22.1x | 35.4x | 2.4x |
| Sun, 22 May 2022 | kr479.5b | kr186.7b | kr12.8b | 23.8x | 37.5x | 2.6x |
| Tue, 19 Apr 2022 | kr499.5b | kr181.0b | kr12.8b | 28.2x | 39x | 2.8x |
| Thu, 17 Mar 2022 | kr470.1b | kr181.5b | kr12.6b | 35.1x | 37.2x | 2.6x |
| Sat, 12 Feb 2022 | kr504.8b | kr176.4b | kr13.8b | 29.2x | 36.7x | 2.9x |
| Mon, 10 Jan 2022 | kr500.8b | kr174.3b | -kr7,928,243,698.00 | 50.2x | -63.2x | 2.9x |
| Wed, 08 Dec 2021 | kr484.7b | kr174.2b | -kr7,921,458,411.00 | 43.9x | -61.2x | 2.8x |
| Fri, 05 Nov 2021 | kr480.0b | kr171.2b | -kr6,149,481,895.00 | 35.3x | -78.1x | 2.8x |
| Sun, 03 Oct 2021 | kr493.1b | kr170.4b | -kr4,611,044,684.00 | 34.2x | -106.9x | 2.9x |
| Tue, 31 Aug 2021 | kr521.5b | kr170.4b | -kr4,608,308,576.94 | 34.2x | -113.2x | 3.1x |
| Wed, 07 Jul 2021 | kr540.7b | kr170.4b | -kr4,602,024,391.94 | 36.9x | -117.5x | 3.2x |
Price to Earnings Ratio
-47.6x
Current Industry PE
- Investors are optimistic on the Swedish Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 85.6x which is higher than its 3-year average PE of 1.6x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- Total earnings for the Communication Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.7% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Telecom sector?
| SE Market | -0.89% | |
| Telecom | -0.46% | |
| Wireless Telecom | 2.95% | |
| Entertainment | 1.01% | |
| Interactive Media and Services | -0.073% | |
| Media | -0.57% | |
| Telecom Services and Carriers | -3.45% | |
Industry PE
- Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 34.6%, which is higher than its past year's earnings decline of 39.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 92% over the next 5 years.
- This is better than its past earnings decline of 37% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 4.7% 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 | |
|---|---|---|---|---|---|
| TEL2 B Tele2 | kr93.42 | 3.0% +kr1.9b | -11.5% | PE17.3x | |
| EMBRAC B Embracer Group | kr26.12 | 1.4% +kr468.8m | -40.7% | PE51.1x | |
| HEM Hemnet Group | kr327.40 | 0.9% +kr254.1m | 97.3% | PE92.9x | |
| OVZON Ovzon | kr15.28 | 17.4% +kr252.1m | -60.1% | PS5.6x | |
| MTG B Modern Times Group MTG | kr86.65 | 2.1% +kr219.0m | 6.3% | PE64.3x |
