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Swedish (OMX) Telecom Sector Analysis

UpdatedJul 20, 2025
DataAggregated Company Financials
Companies63
  • 7D5.0%
  • 3M3.8%
  • 1Y12.0%
  • YTD6.9%

The Telecom industry is up 5.0% in the last week, with Tele2 up 9.7%. Meanwhile, Modern Times Group MTG actually underperformed within the industry, shrinking 12% in the last week. This takes the industry's 12 month performance to a gain of 12%. 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
Mon, 21 Jul 2025SEK 410.2bSEK 211.1bSEK 5.3b28.4x77.9x1.9x
Wed, 18 Jun 2025SEK 370.3bSEK 210.3bSEK 3.3b27.9x113.9x1.8x
Fri, 16 May 2025SEK 383.3bSEK 227.9b-SEK 17,244,112,811.3526.8x-22.2x1.7x
Sun, 13 Apr 2025SEK 363.3bSEK 226.4b-SEK 17,878,420,957.4124.5x-20.3x1.6x
Tue, 11 Mar 2025SEK 366.6bSEK 226.4b-SEK 17,796,567,848.3324.4x-20.6x1.6x
Thu, 06 Feb 2025SEK 367.3bSEK 226.5b-SEK 18,745,382,380.4222.2x-19.6x1.6x
Sat, 04 Jan 2025SEK 362.2bSEK 225.9b-SEK 21,621,698,086.8323.9x-16.8x1.6x
Mon, 02 Dec 2024SEK 354.2bSEK 225.9b-SEK 21,631,733,467.1425.4x-16.4x1.6x
Wed, 30 Oct 2024SEK 364.8bSEK 228.6b-SEK 20,801,332,626.7120.8x-17.5x1.6x
Fri, 27 Sep 2024SEK 367.5bSEK 228.8b-SEK 22,330,478,813.1128.8x-16.5x1.6x
Sun, 25 Aug 2024SEK 353.1bSEK 228.8b-SEK 22,358,098,497.9929.3x-15.8x1.5x
Tue, 23 Jul 2024SEK 351.0bSEK 231.6b-SEK 17,601,850,885.2025.2x-19.9x1.5x
Thu, 20 Jun 2024SEK 318.1bSEK 230.7b-SEK 23,987,906,911.4425x-13.3x1.4x
Sat, 18 May 2024SEK 340.8bSEK 231.5b-SEK 5,132,121,124.0831.9x-66.4x1.5x
Mon, 15 Apr 2024SEK 319.1bSEK 212.9bSEK 3.7b22.9x85.6x1.5x
Wed, 13 Mar 2024SEK 290.8bSEK 212.7bSEK 3.7b23.9x77.6x1.4x
Fri, 09 Feb 2024SEK 293.4bSEK 230.2bSEK 856.6m27.8x342.5x1.3x
Sun, 07 Jan 2024SEK 309.2bSEK 234.6b-SEK 14,351,860,953.0028.3x-21.5x1.3x
Tue, 05 Dec 2023SEK 294.1bSEK 234.7b-SEK 14,362,674,838.0027.9x-20.5x1.3x
Thu, 02 Nov 2023SEK 273.0bSEK 231.7b-SEK 10,993,091,447.0026.3x-24.8x1.2x
Sat, 30 Sep 2023SEK 281.5bSEK 230.5b-SEK 10,431,826,024.0024.7x-27x1.2x
Mon, 28 Aug 2023SEK 280.3bSEK 231.3b-SEK 10,566,450,775.0021.3x-26.5x1.2x
Wed, 26 Jul 2023SEK 306.3bSEK 225.7b-SEK 13,233,652,715.0024.2x-23.1x1.4x
Fri, 23 Jun 2023SEK 296.0bSEK 223.4b-SEK 6,073,636,088.0018.3x-48.7x1.3x
Sun, 21 May 2023SEK 354.3bSEK 223.1b-SEK 12,066,977,615.0022.1x-29.4x1.6x
Tue, 18 Apr 2023SEK 370.0bSEK 218.8b-SEK 9,453,297,458.0021.3x-39.1x1.7x
Thu, 16 Mar 2023SEK 362.7bSEK 219.0b-SEK 9,524,233,332.0017.7x-38.1x1.7x
Sat, 11 Feb 2023SEK 350.0bSEK 208.6b-SEK 12,010,023,832.0022.4x-29.1x1.7x
Mon, 09 Jan 2023SEK 349.0bSEK 207.9bSEK 7.7b22.6x45.6x1.7x
Wed, 07 Dec 2022SEK 350.2bSEK 207.8bSEK 7.7b22.1x45.7x1.7x
Fri, 04 Nov 2022SEK 361.8bSEK 199.6bSEK 6.8b23.1x53.4x1.8x
Sun, 02 Oct 2022SEK 387.6bSEK 195.9bSEK 5.9b22x65.9x2x
Tue, 30 Aug 2022SEK 428.4bSEK 195.8bSEK 5.9b22.7x72.9x2.2x
Thu, 28 Jul 2022SEK 450.3bSEK 190.3bSEK 6.0b22.6x74.6x2.4x
Price to Earnings Ratio

74.6x


Total Market Cap: SEK 450.3bTotal Earnings: SEK 6.0bTotal Revenue: SEK 190.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Telecom Sector Price to Earnings3Y Average 15.3x202320242025
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 77.9x which is higher than its 3-year average PE of 15.3x.
  • 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 declined 4.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.5% 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 decreased profits.

Industry Trends

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

SE Market-0.73%
Telecom4.99%
Wireless Telecom9.65%
Interactive Media and Services5.90%
Telecom Services and Carriers5.37%
Media4.47%
Entertainment-1.21%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 115x.
    • Analysts are expecting annual earnings growth of 35.2%, which is higher than its past year's earnings growth of 31.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is better than its past earnings growth rate of 30% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 8.1% 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 149.809.7%
+SEK 9.2b
40.3%PE25x
TELIA Telia CompanySEK 34.965.4%
+SEK 7.0b
12.5%PE25.1x
HEM Hemnet GroupSEK 303.005.9%
+SEK 1.6b
-25.3%PE52.5x
HACK HacksawSEK 79.955.2%
+SEK 1.1b
n/aPE21.1x
VPLAY B Viaplay GroupSEK 0.9130.6%
+SEK 944.9m
-10.6%PS0.2x

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