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Swedish (OMX) Entertainment Industry Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies31
  • 7D6.0%
  • 3M-18.5%
  • 1Y-35.7%
  • YTD-16.1%

In the last week, the Entertainment industry is up 3.5%, with Modern Times Group MTG up 7.4%. However, the industry is down 37% over the past year. Earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

Has the Swedish Entertainment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Apr 2026SEK 61.5bSEK 48.1bSEK 474.3m12.9x129.6x1.3x
Fri, 27 Feb 2026SEK 62.9bSEK 48.0bSEK 473.5m12.6x132.8x1.3x
Sun, 25 Jan 2026SEK 66.8bSEK 46.6b-SEK 2,259,097,475.4813.5x-29.6x1.4x
Tue, 23 Dec 2025SEK 73.3bSEK 46.7b-SEK 2,232,369,978.0013.8x-32.8x1.6x
Thu, 20 Nov 2025SEK 75.9bSEK 46.7b-SEK 2,237,230,582.1715.3x-33.9x1.6x
Sat, 18 Oct 2025SEK 83.3bSEK 47.4b-SEK 2,641,877,451.5622.2x-31.5x1.8x
Mon, 15 Sep 2025SEK 77.8bSEK 47.4b-SEK 2,644,817,311.9319.5x-29.4x1.6x
Wed, 13 Aug 2025SEK 78.1bSEK 49.1b-SEK 4,232,165,098.4916.6x-18.5x1.6x
Fri, 11 Jul 2025SEK 87.8bSEK 48.0b-SEK 4,475,645,870.4718.6x-19.6x1.8x
Sun, 08 Jun 2025SEK 68.7bSEK 46.2b-SEK 5,548,577,306.5912.8x-12.4x1.5x
Tue, 06 May 2025SEK 68.9bSEK 61.8b-SEK 26,104,807,841.5820x-2.6x1.1x
Thu, 03 Apr 2025SEK 62.9bSEK 60.7b-SEK 26,089,956,621.3420.3x-2.4x1x
Sat, 01 Mar 2025SEK 72.0bSEK 61.0b-SEK 26,087,535,988.8025.7x-2.8x1.2x
Mon, 27 Jan 2025SEK 87.4bSEK 61.1b-SEK 22,941,527,802.7526.2x-3.8x1.4x
Wed, 25 Dec 2024SEK 81.7bSEK 61.1b-SEK 22,977,587,670.0526.6x-3.6x1.3x
Fri, 22 Nov 2024SEK 74.4bSEK 61.2b-SEK 22,918,129,986.4931.6x-3.2x1.2x
Sun, 20 Oct 2024SEK 76.4bSEK 64.1b-SEK 22,754,195,963.4728.3x-3.4x1.2x
Tue, 17 Sep 2024SEK 65.5bSEK 64.0b-SEK 22,749,950,799.4030.4x-2.9x1x
Thu, 15 Aug 2024SEK 63.6bSEK 66.6b-SEK 18,233,353,235.3529.2x-3.5x1x
Sat, 13 Jul 2024SEK 69.8bSEK 67.1b-SEK 17,741,137,692.6218.1x-3.9x1x
Mon, 10 Jun 2024SEK 70.3bSEK 66.9b-SEK 17,745,177,942.6214.2x-4x1.1x
Wed, 08 May 2024SEK 77.3bSEK 67.9bSEK 1.1b33x70.2x1.1x
Fri, 05 Apr 2024SEK 75.7bSEK 67.8bSEK 1.2b15.5x61.1x1.1x
Sun, 03 Mar 2024SEK 65.9bSEK 67.7bSEK 1.3b38.2x52.5x1x
Tue, 30 Jan 2024SEK 70.7bSEK 67.0bSEK 4.4b30.4x16x1.1x
Thu, 28 Dec 2023SEK 84.4bSEK 67.0bSEK 4.4b103.1x19.1x1.3x
Sat, 25 Nov 2023SEK 75.7bSEK 67.1bSEK 4.4b33.5x17x1.1x
Mon, 23 Oct 2023SEK 68.4bSEK 65.3bSEK 7.6b29.8x9x1x
Wed, 20 Sep 2023SEK 83.6bSEK 65.3bSEK 7.6b30.4x11x1.3x
Fri, 18 Aug 2023SEK 94.7bSEK 61.9bSEK 5.1b30.8x18.6x1.5x
Sun, 16 Jul 2023SEK 87.9bSEK 61.4bSEK 5.2b19.1x16.9x1.4x
Tue, 13 Jun 2023SEK 84.9bSEK 61.4bSEK 5.2b17.6x16.3x1.4x
Thu, 11 May 2023SEK 121.7bSEK 60.9b-SEK 624,559,075.0024.8x-194.9x2x
Sat, 08 Apr 2023SEK 114.2bSEK 60.4b-SEK 637,027,237.0026.2x-179.2x1.9x
Price to Earnings Ratio

-179.2x


Total Market Cap: SEK 114.2bTotal Earnings: -SEK 637,027,237.00Total Revenue: SEK 60.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Entertainment Industry Price to Earnings3Y Average -2.6x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Entertainment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 127x which is higher than its 3-year average PE of -2.9x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • Total earnings for the Entertainment industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 7.5% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

SE Market1.48%
Telecom3.23%
Entertainment5.97%
Interactive Home Entertainment5.99%
Movies and Entertainment1.21%
Industry PE
  • Investors are most optimistic about the Interactive Home Entertainment industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 30.8%, which is higher than its past year's earnings decline of 72.9% per year.
  • Investors are most pessimistic about the Movies and Entertainment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.3x.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 73% per year.
  • In contrast, the Interactive Home Entertainment industry is expected to see its earnings grow by 31% 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
MTG B Modern Times Group MTGSEK 91.908.0%
+SEK 818.7m		-19.0%PS1x
PDX Paradox InteractiveSEK 123.705.8%
+SEK 718.2m		-31.7%PE104.1x
EMBRAC B Embracer GroupSEK 48.057.0%
+SEK 702.0m		-54.4%PE2.6x
HACK HacksawSEK 59.493.7%
+SEK 607.3m		n/aPE11.8x
COFFEE B Coffee Stain GroupSEK 17.147.0%
+SEK 249.1m		n/aPE127.6x

Latest News

SF
SEK 3.80
Stillfront Group
7D
8.8%
1Y
-17.7%
COFFEE B
SEK 17.14
Coffee Stain Group
7D
7.0%
1Y
n/a
MAXENT B
SEK 0.15
Maximum Entertainment
7D
-24.0%
1Y
-53.2%
MTG B
SEK 91.90
Modern Times Group MTG
7D
8.0%
1Y
-19.0%

MTG B: Stable Assumptions And Steady Future P/E Will Support Upside

Analysts are keeping their SEK 152.67 price target for Modern Times Group MTG unchanged, citing only minimal tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E that do not materially affect their valuation view. Valuation Changes Fair Value: SEK 152.67 remains unchanged, so the headline valuation output stays the same.
EG7
SEK 16.72
Enad Global 7
7D
13.3%
1Y
44.1%
PDX
SEK 123.70
Paradox Interactive
7D
5.8%
1Y
-31.7%

PDX: Higher Dividend Will Support Cautious Sentiment And Fair Value Conviction

Narrative Update Overview Analysts now see Paradox Interactive's fair value holding at SEK180.00 per share. This reflects slightly adjusted assumptions on discount rate, revenue growth, profit margin, and future P/E after a more cautious research update and a downgrade in sentiment on the shares.
NITRO
SEK 1.33
Nitro Games Oyj
7D
-8.0%
1Y
-20.4%
G5EN
SEK 54.50
G5 Entertainment
7D
10.1%
1Y
-55.8%

G5EN: Future Dividend Policy Will Drive Reassessment Of Earnings Potential

Analysts have cut their price target on G5 Entertainment from SEK135 to SEK85, reflecting updated views on lower fair value, a slightly higher discount rate, softer revenue expectations, and a reduced profit margin outlook, partly offset by assumptions of a marginally higher future P/E multiple. What's in the News G5 Entertainment AB (publ) announced an annual dividend of SEK 2.00 per share, scheduled to be paid on June 23, 2026 (Key Developments).
EMBRAC B
SEK 48.05
Embracer Group
7D
7.0%
1Y
-54.4%

EMBRAC B: Share Buybacks And Reset Expectations Will Shape Balanced Outlook

Analysts have reduced their price target for Embracer Group to SEK 52 from SEK 80, reflecting lower assumptions for revenue growth and profit margins, as well as a higher expected P/E multiple, as they reassess the company’s earnings outlook. What's in the News Embracer Group completed a share buyback program announced on September 30, 2025, repurchasing a total of 4,830,742 shares for SEK 500 million, equal to 2.28% of its shares.
HACK
SEK 59.49
Hacksaw
7D
3.7%
1Y
n/a
ENVAR
SEK 34.70
Envar Holding
7D
-1.1%
1Y
92.2%
GCOR
SEK 0.83
Gaming Corps
7D
-1.4%
1Y
-20.0%
FLEXM
SEK 2.60
Flexion Mobile
7D
-7.1%
1Y
-56.5%
NXAR
SEK 0.11
Nexar Group
7D
-9.7%
1Y
-83.6%
THRILL
SEK 0.22
Game Chest Group
7D
-15.1%
1Y
-49.5%