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Swedish (OMX) Entertainment Industry Analysis

UpdatedMar 23, 2026
DataAggregated Company Financials
Companies31
  • 7D-3.0%
  • 3M-21.4%
  • 1Y-41.6%
  • YTD-20.8%

Over the last 7 days, the Entertainment industry has dropped 3.0%, driven by Embracer Group declining 7.9%. Overall the industry is down 42% in 12 months. 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
Mon, 23 Mar 2026SEK 57.9bSEK 48.1bSEK 461.1m12.3x125.6x1.2x
Wed, 18 Feb 2026SEK 61.5bSEK 48.9bSEK 2.3b12.9x26.9x1.3x
Fri, 16 Jan 2026SEK 69.4bSEK 46.6b-SEK 2,244,457,580.4213.2x-30.9x1.5x
Sun, 14 Dec 2025SEK 74.3bSEK 46.7b-SEK 2,229,377,021.0714.6x-33.3x1.6x
Tue, 11 Nov 2025SEK 82.1bSEK 47.2b-SEK 2,409,009,222.0616.2x-34.1x1.7x
Thu, 09 Oct 2025SEK 82.9bSEK 47.4b-SEK 2,642,891,547.3722.4x-31.4x1.7x
Sat, 06 Sep 2025SEK 76.7bSEK 47.4b-SEK 2,646,134,407.6023.6x-29x1.6x
Mon, 04 Aug 2025SEK 80.6bSEK 49.2b-SEK 4,293,965,603.2618.3x-18.8x1.6x
Wed, 02 Jul 2025SEK 87.4bSEK 48.0b-SEK 4,474,512,619.5117x-19.5x1.8x
Fri, 30 May 2025SEK 66.6bSEK 46.2b-SEK 5,543,993,047.2611.7x-12x1.4x
Sun, 27 Apr 2025SEK 66.2bSEK 60.7b-SEK 26,087,757,835.7120.3x-2.5x1.1x
Tue, 25 Mar 2025SEK 64.0bSEK 60.7b-SEK 26,051,686,263.6124.7x-2.5x1.1x
Thu, 20 Feb 2025SEK 73.5bSEK 61.0b-SEK 26,077,282,694.6426.3x-2.8x1.2x
Sat, 18 Jan 2025SEK 86.1bSEK 61.1b-SEK 22,940,777,894.4626.8x-3.8x1.4x
Mon, 16 Dec 2024SEK 84.2bSEK 61.1b-SEK 22,988,072,761.1332.3x-3.7x1.4x
Wed, 13 Nov 2024SEK 72.8bSEK 63.9b-SEK 22,681,200,174.988.6x-3.2x1.1x
Fri, 11 Oct 2024SEK 75.6bSEK 64.1b-SEK 22,751,393,987.4127.4x-3.3x1.2x
Sun, 08 Sep 2024SEK 66.0bSEK 64.1b-SEK 22,751,990,690.5629.1x-2.9x1x
Tue, 06 Aug 2024SEK 63.7bSEK 66.7b-SEK 18,220,316,439.8117.8x-3.5x1x
Thu, 04 Jul 2024SEK 67.2bSEK 67.0b-SEK 17,737,879,005.2915.7x-3.8x1x
Sat, 01 Jun 2024SEK 72.7bSEK 66.9b-SEK 17,742,958,508.4413.9x-4.1x1.1x
Mon, 29 Apr 2024SEK 74.9bSEK 67.9bSEK 1.1b20.2x67.8x1.1x
Wed, 27 Mar 2024SEK 64.2bSEK 67.8bSEK 1.2b15.4x51.7x0.9x
Fri, 23 Feb 2024SEK 63.6bSEK 67.7bSEK 1.2b34.6x52.4x0.9x
Sun, 21 Jan 2024SEK 68.9bSEK 67.0bSEK 4.4b30.3x15.6x1x
Tue, 19 Dec 2023SEK 85.9bSEK 67.0bSEK 4.4b105.3x19.5x1.3x
Thu, 16 Nov 2023SEK 75.2bSEK 65.3bSEK 7.1b37.9x10.6x1.2x
Sat, 14 Oct 2023SEK 74.5bSEK 65.3bSEK 7.6b29.7x9.8x1.1x
Mon, 11 Sep 2023SEK 89.0bSEK 65.3bSEK 7.6b31.5x11.7x1.4x
Wed, 09 Aug 2023SEK 96.0bSEK 61.8bSEK 4.9b27.7x19.7x1.6x
Fri, 07 Jul 2023SEK 83.5bSEK 61.5bSEK 5.2b18.5x16.1x1.4x
Sun, 04 Jun 2023SEK 85.9bSEK 61.8bSEK 5.2b19.9x16.5x1.4x
Tue, 02 May 2023SEK 124.5bSEK 60.7b-SEK 571,175,663.0024.3x-217.9x2.1x
Thu, 30 Mar 2023SEK 115.2bSEK 60.7b-SEK 624,404,802.0026.3x-184.6x1.9x
Price to Earnings Ratio

-184.6x


Total Market Cap: SEK 115.2bTotal Earnings: -SEK 624,404,802.00Total Revenue: SEK 60.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Entertainment Industry Price to Earnings3Y Average -5.1x202420252026
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 126x which is higher than its 3-year average PE of -5.1x.
  • 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 Market-5.18%
Telecom-3.11%
Entertainment-3.04%
Interactive Home Entertainment-3.02%
Movies and Entertainment-7.35%
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 30.6%, 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 0.55x.
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
BRAVE Kinda Brave Entertainment GroupSEK 1.6010.3%
+SEK 7.3m		44.1%n/a
EG7 Enad Global 7SEK 14.700.1%
+SEK 1.8m		18.4%PS0.8x
FLEXM Flexion MobileSEK 2.611.2%
+SEK 1.7m		-61.0%PS0.2x
MAXENT B Maximum EntertainmentSEK 0.2312.9%
+SEK 1.3m		-57.3%PS0.02x
NITRO Nitro Games OyjSEK 1.393.6%
+SEK 1.2m		-15.8%PE23.3x

Latest News

MOMENT
SEK 5.44
Moment Group
7D
-16.0%
1Y
-26.3%
NITRO
SEK 1.39
Nitro Games Oyj
7D
3.6%
1Y
-15.8%
PDX
SEK 117.20
Paradox Interactive
7D
-0.7%
1Y
-38.3%
G5EN
SEK 50.90
G5 Entertainment
7D
-5.0%
1Y
-59.3%

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 45.22
Embracer Group
7D
-5.8%
1Y
-56.7%

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.
STAR B
SEK 0.081
Starbreeze
7D
0.9%
1Y
-56.0%

STAR B: New Content Launches And Partnerships Will Support Future Earnings Potential

Analysts have revised their Starbreeze fair value estimate from SEK0.28 to SEK0.18, citing updated expectations for revenue growth, profit margins, and a much higher assumed future P/E multiple as key drivers of the new target. What's in the News MY.GAMES announced a Tacticool x PAYDAY Robbery Rush event that runs from March 4 to March 25.
HACK
SEK 57.73
Hacksaw
7D
-0.7%
1Y
n/a
MTG B
SEK 85.05
Modern Times Group MTG
7D
-2.3%
1Y
-27.9%

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

Analysts have kept their SEK 152.67 price target for Modern Times Group MTG unchanged, citing only small tweaks to assumptions, such as a slightly higher discount rate and a marginally higher future P/E multiple. Valuation Changes Fair Value: SEK 152.67 is unchanged, with no adjustment to the central valuation estimate.
EG7
SEK 14.70
Enad Global 7
7D
0.1%
1Y
18.4%

EG7: New MMO Expansions And Lower Amortization Will Support Future Upside

Analysts have maintained their SEK fair value estimate at SEK 20.0 for Enad Global 7. They have also updated their assumptions for the discount rate, revenue growth, profit margins and future P/E to reflect a more refined view of the company's risk profile and earnings potential.
COFFEE B
SEK 16.27
Coffee Stain Group
7D
-3.7%
1Y
n/a
QIIWI
SEK 1.59
Qiiwi Games
7D
4.3%
1Y
-36.4%
SF
SEK 3.57
Stillfront Group
7D
-11.7%
1Y
-30.8%
FLEXM
SEK 2.61
Flexion Mobile
7D
1.2%
1Y
-61.0%
AIK B
SEK 1.63
AIK Fotboll
7D
2.2%
1Y
-0.9%

AIK Fotboll AB (publ) (NGM:AIK B) Soars 28% But It's A Story Of Risk Vs Reward

Jul 20
AIK Fotboll AB (publ) (NGM:AIK B) Soars 28% But It's A Story Of Risk Vs Reward
MAXENT B
SEK 0.23
Maximum Entertainment
7D
12.9%
1Y
-57.3%
BRAVE
SEK 1.60
Kinda Brave Entertainment Group
7D
10.3%
1Y
44.1%