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Swedish (OMX) Telecom Sector Analysis

UpdatedSep 03, 2025
DataAggregated Company Financials
Companies60
  • 7D-2.3%
  • 3M-2.1%
  • 1Y7.2%
  • YTD4.1%

In the last week, the Telecom industry is down 2.3% with Hacksaw down the most at 8.6%. In the past year, the industry has gained 7.2%. Earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 04 Sep 2025SEK 401.4bSEK 211.2bSEK 7.0b27.7x57.7x1.9x
Sat, 02 Aug 2025SEK 402.1bSEK 213.0bSEK 5.1b26.3x78.3x1.9x
Mon, 30 Jun 2025SEK 395.0bSEK 212.2bSEK 4.3b27x91.2x1.9x
Wed, 28 May 2025SEK 391.3bSEK 212.5bSEK 3.3b28.3x117x1.8x
Fri, 25 Apr 2025SEK 382.0bSEK 226.4b-SEK 17,788,836,038.3925.4x-21.5x1.7x
Sun, 23 Mar 2025SEK 376.1bSEK 226.4b-SEK 17,796,780,221.3124.4x-21.1x1.7x
Tue, 18 Feb 2025SEK 377.0bSEK 226.7b-SEK 20,420,168,700.6227.4x-18.5x1.7x
Thu, 16 Jan 2025SEK 357.2bSEK 225.9b-SEK 21,588,034,576.6222.2x-16.5x1.6x
Sat, 14 Dec 2024SEK 356.5bSEK 225.9b-SEK 21,639,553,085.3023.9x-16.5x1.6x
Mon, 11 Nov 2024SEK 351.2bSEK 228.6b-SEK 21,320,189,806.8822.5x-16.5x1.5x
Wed, 09 Oct 2024SEK 368.2bSEK 228.8b-SEK 22,333,638,670.9327.8x-16.5x1.6x
Fri, 06 Sep 2024SEK 363.7bSEK 228.8b-SEK 22,348,326,201.5629.7x-16.3x1.6x
Sun, 04 Aug 2024SEK 353.0bSEK 231.2b-SEK 17,841,947,179.1026.4x-19.8x1.5x
Tue, 02 Jul 2024SEK 331.6bSEK 230.9b-SEK 23,995,416,907.2626.6x-13.8x1.4x
Thu, 30 May 2024SEK 325.3bSEK 230.8b-SEK 24,011,053,007.9526.7x-13.5x1.4x
Sat, 27 Apr 2024SEK 325.5bSEK 231.6b-SEK 5,136,646,187.6427.8x-63.4x1.4x
Mon, 25 Mar 2024SEK 306.4bSEK 212.6bSEK 3.8b21.5x79.8x1.4x
Wed, 21 Feb 2024SEK 298.4bSEK 230.7b-SEK 3,218,248,513.5930.9x-92.7x1.3x
Fri, 19 Jan 2024SEK 298.8bSEK 234.7b-SEK 14,325,971,050.0022.8x-20.9x1.3x
Sun, 17 Dec 2023SEK 306.2bSEK 234.6b-SEK 14,353,555,512.0030.9x-21.3x1.3x
Tue, 14 Nov 2023SEK 284.2bSEK 232.0b-SEK 10,793,549,944.0026.7x-26.3x1.2x
Thu, 12 Oct 2023SEK 288.1bSEK 230.5b-SEK 10,428,488,544.0024.7x-27.6x1.2x
Sat, 09 Sep 2023SEK 287.9bSEK 230.7b-SEK 10,405,253,304.0025.2x-27.7x1.2x
Mon, 07 Aug 2023SEK 295.7bSEK 226.2b-SEK 13,066,935,862.0024x-22.6x1.3x
Wed, 05 Jul 2023SEK 303.1bSEK 223.5b-SEK 6,066,639,149.0018.9x-50x1.4x
Fri, 02 Jun 2023SEK 328.5bSEK 223.6b-SEK 6,162,391,611.0020.1x-53.3x1.5x
Sun, 30 Apr 2023SEK 388.2bSEK 221.5b-SEK 12,104,755,972.0021.2x-32.1x1.8x
Tue, 28 Mar 2023SEK 364.7bSEK 218.8b-SEK 9,406,454,079.0019.2x-38.8x1.7x
Thu, 23 Feb 2023SEK 368.9bSEK 218.8b-SEK 9,578,297,471.0020.9x-38.5x1.7x
Sat, 21 Jan 2023SEK 348.4bSEK 207.6bSEK 7.6b21.4x45.6x1.7x
Mon, 19 Dec 2022SEK 342.7bSEK 207.8bSEK 7.7b22.9x44.7x1.6x
Wed, 16 Nov 2022SEK 367.1bSEK 200.4bSEK 6.8b24x53.9x1.8x
Fri, 14 Oct 2022SEK 374.7bSEK 195.9bSEK 5.9b22.6x63.8x1.9x
Sun, 11 Sep 2022SEK 421.6bSEK 195.8bSEK 5.9b22.5x71.7x2.2x
Price to Earnings Ratio

71.7x


Total Market Cap: SEK 421.6bTotal Earnings: SEK 5.9bTotal Revenue: SEK 195.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Telecom Sector Price to Earnings3Y Average 15.2x202320242025
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 57.7x which is higher than its 3-year average PE of 15.2x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 5.7% per year over the last three years.
  • Revenues for these companies have grown 2.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

SE Market-3.30%
Telecom-2.27%
Wireless Telecom0.73%
Telecom Services and Carriers-0.40%
Media-4.61%
Entertainment-5.43%
Interactive Media and Services-9.15%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 135x.
    • Analysts are expecting annual earnings growth of 40.1%, which is higher than its past year's earnings growth of 31.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings growth rate of 31% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 8.6% 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
TEL2 B Tele2SEK 165.950.2%
+SEK 173.3m		41.4%PE27.7x
SF Stillfront GroupSEK 5.224.0%
+SEK 103.6m		-27.1%PS0.4x
EG7 Enad Global 7SEK 12.208.0%
+SEK 79.7m		-15.6%PS0.5x
BUSER BambuserSEK 0.7711.9%
+SEK 17.3m		-14.1%PS1.8x
FRAG Fragbite GroupSEK 13.4018.1%
+SEK 15.0m		41.1%PS0.4x

Latest News

VPLAY B
SEK 1.30
Viaplay Group
7D
0.1%
1Y
63.6%
EMBRAC B
SEK 82.07
Embracer Group
7D
-5.0%
1Y
-43.5%
STORY B
SEK 75.25
Storytel
7D
-9.3%
1Y
58.6%

Storytel AB (publ)'s (STO:STORY B) P/S Still Appears To Be Reasonable

Aug 31
Storytel AB (publ)'s (STO:STORY B) P/S Still Appears To Be Reasonable
TEL2 B
SEK 165.95
Tele2
7D
0.2%
1Y
41.4%

Are Investors Undervaluing Tele2 AB (publ) (STO:TEL2 B) By 26%?

Aug 31
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TELIA
SEK 35.12
Telia Company
7D
-1.2%
1Y
7.2%

Telia Company (STO:TELIA) Will Pay A Dividend Of SEK0.50

Aug 28
Telia Company (STO:TELIA) Will Pay A Dividend Of SEK0.50
HEM
SEK 246.80
Hemnet Group
7D
-6.4%
1Y
-35.0%

Digital Real Estate Transformation Will Fuel Swedish Market Expansion

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FRAG
SEK 13.40
Fragbite Group
7D
18.1%
1Y
41.1%
EG7
SEK 12.20
Enad Global 7
7D
8.0%
1Y
-15.6%

New Game Launches From Singularity 6 And Cold Iron Will Strengthen Financial Stability In 2025

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KAR
SEK 112.00
Karnov Group
7D
-7.4%
1Y
47.2%

Adoption Of AI Solutions By Law Firms In Denmark And Sweden Will Expand Product Value And Customer Base

The upward revision in Karnov Group's price target reflects improvements in both revenue growth forecasts and net profit margin, resulting in a new consensus target of SEK123.67. Valuation Changes Summary of Valuation Changes for Karnov Group The Consensus Analyst Price Target has risen from SEK115.67 to SEK123.67.
OVZON
SEK 35.65
Ovzon
7D
-4.6%
1Y
84.0%

Ovzon AB (publ) Just Missed Revenue By 15%: Here's What Analysts Think Will Happen Next

Aug 20
Ovzon AB (publ) Just Missed Revenue By 15%: Here's What Analysts Think Will Happen Next
BUSER
SEK 0.77
Bambuser
7D
11.9%
1Y
-14.1%
MTG B
SEK 95.25
Modern Times Group MTG
7D
-4.1%
1Y
24.8%
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Mobile Gaming Expansion Will Open New Global Markets

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HACK
SEK 65.25
Hacksaw
7D
-6.5%
1Y
n/a
SF
SEK 5.22
Stillfront Group
7D
4.0%
1Y
-27.1%
MAGI
SEK 14.35
MAG Interactive
7D
1.4%
1Y
59.4%

Optimistic Investors Push MAG Interactive AB (publ) (STO:MAGI) Shares Up 44% But Growth Is Lacking

Jun 28
Optimistic Investors Push MAG Interactive AB (publ) (STO:MAGI) Shares Up 44% But Growth Is Lacking
NXAR
SEK 0.42
Nexar Group
7D
13.0%
1Y
83.3%