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Swedish (OMX) Telecom Sector Analysis

UpdatedOct 24, 2025
DataAggregated Company Financials
Companies59
  • 7D0.6%
  • 3M-0.7%
  • 1Y9.2%
  • YTD6.9%

The Telecom is pretty flat in the last 7 days, but Telia Company has stood out, gaining 3.9%. As for the the longer term, the industry is up 9.2% over the past 12 months. Looking forward, 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
Fri, 24 Oct 2025SEK 409.8bSEK 210.8bSEK 7.2b27x57.3x1.9x
Sun, 21 Sep 2025SEK 410.3bSEK 211.2bSEK 7.0b26.3x58.8x1.9x
Tue, 19 Aug 2025SEK 404.0bSEK 211.8bSEK 6.8b27x59.5x1.9x
Thu, 17 Jul 2025SEK 389.4bSEK 212.3bSEK 4.3b26.2x89.7x1.8x
Sat, 14 Jun 2025SEK 374.6bSEK 210.3bSEK 3.3b28.2x115.2x1.8x
Mon, 12 May 2025SEK 384.7bSEK 227.9b-SEK 17,358,576,308.1726x-22.2x1.7x
Wed, 09 Apr 2025SEK 359.2bSEK 226.4b-SEK 17,874,736,428.6924.3x-20.1x1.6x
Fri, 07 Mar 2025SEK 366.6bSEK 226.4b-SEK 17,808,524,946.2324.9x-20.6x1.6x
Sun, 02 Feb 2025SEK 385.6bSEK 226.5b-SEK 18,757,698,297.7522.3x-20.6x1.7x
Tue, 31 Dec 2024SEK 351.6bSEK 225.9b-SEK 21,623,599,923.5922.8x-16.3x1.6x
Thu, 28 Nov 2024SEK 355.0bSEK 226.0b-SEK 21,511,072,360.3125.2x-16.5x1.6x
Sat, 26 Oct 2024SEK 358.5bSEK 228.5b-SEK 20,904,255,834.4022.8x-17.2x1.6x
Mon, 23 Sep 2024SEK 366.3bSEK 228.8b-SEK 22,332,307,175.1029.6x-16.4x1.6x
Wed, 21 Aug 2024SEK 349.2bSEK 228.4b-SEK 22,324,218,048.7927.8x-15.6x1.5x
Fri, 19 Jul 2024SEK 351.7bSEK 230.9b-SEK 24,096,120,382.5628.9x-14.6x1.5x
Sun, 16 Jun 2024SEK 319.1bSEK 230.7b-SEK 23,997,257,560.8625.5x-13.3x1.4x
Tue, 14 May 2024SEK 335.6bSEK 231.6b-SEK 5,049,135,956.3633x-66.5x1.4x
Thu, 11 Apr 2024SEK 317.0bSEK 212.9bSEK 3.7b22x85.1x1.5x
Sat, 09 Mar 2024SEK 290.3bSEK 212.7bSEK 3.8b23.5x76.6x1.4x
Mon, 05 Feb 2024SEK 297.7bSEK 229.9bSEK 994.2m26x299.5x1.3x
Wed, 03 Jan 2024SEK 310.9bSEK 234.6b-SEK 14,354,995,503.0029.7x-21.7x1.3x
Fri, 01 Dec 2023SEK 290.3bSEK 234.2b-SEK 13,710,418,951.0021.4x-21.2x1.2x
Sun, 29 Oct 2023SEK 269.5bSEK 231.6b-SEK 10,993,621,126.0026.7x-24.5x1.2x
Tue, 26 Sep 2023SEK 287.0bSEK 230.6b-SEK 10,421,179,631.0024.6x-27.5x1.2x
Thu, 24 Aug 2023SEK 286.3bSEK 230.3b-SEK 10,421,260,444.0022.2x-27.5x1.2x
Sat, 22 Jul 2023SEK 301.6bSEK 225.8b-SEK 13,228,314,551.0024x-22.8x1.3x
Mon, 19 Jun 2023SEK 308.5bSEK 223.4b-SEK 6,082,931,033.0018.5x-50.7x1.4x
Wed, 17 May 2023SEK 360.4bSEK 222.6b-SEK 11,912,220,919.0020.1x-30.3x1.6x
Fri, 14 Apr 2023SEK 366.0bSEK 218.8b-SEK 9,452,281,578.0020.5x-38.7x1.7x
Sun, 12 Mar 2023SEK 362.4bSEK 219.1b-SEK 9,512,720,202.0017.7x-38.1x1.7x
Tue, 07 Feb 2023SEK 356.2bSEK 209.4b-SEK 12,282,450,812.0022.4x-29x1.7x
Thu, 05 Jan 2023SEK 347.5bSEK 207.9bSEK 7.6b20.9x45.4x1.7x
Sat, 03 Dec 2022SEK 353.2bSEK 207.8bSEK 7.7b22.2x46.1x1.7x
Mon, 31 Oct 2022SEK 355.1bSEK 199.5bSEK 6.6b22.2x54x1.8x
Price to Earnings Ratio

54x


Total Market Cap: SEK 355.1bTotal Earnings: SEK 6.6bTotal Revenue: SEK 199.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Telecom Sector Price to Earnings3Y Average 14.8x202320242025
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 57.3x which is higher than its 3-year average PE of 14.8x.
  • 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 2.9% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

SE Market1.39%
Telecom0.63%
Interactive Media and Services5.45%
Telecom Services and Carriers3.64%
Entertainment-0.49%
Wireless Telecom-3.31%
Media-10.81%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 156x.
    • Analysts are expecting annual earnings growth of 41.6%, 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 42% over the next 5 years.
  • This is better than its past earnings growth rate of 31% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 11% 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
TELIA Telia CompanySEK 37.583.9%
+SEK 5.5b
17.7%PE27.5x
HEM Hemnet GroupSEK 236.608.3%
+SEK 1.7b
-29.3%PE40.7x
MTG B Modern Times Group MTGSEK 126.005.0%
+SEK 702.7m
73.3%PS1.7x
KAR Karnov GroupSEK 109.405.0%
+SEK 561.0m
39.7%PE186.7x
SF Stillfront GroupSEK 6.2914.5%
+SEK 411.8m
-8.6%PS0.5x

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