Some Confidence Is Lacking In Embracer Group AB (publ) (STO:EMBRAC B) As Shares Slide 26%
Jun 15
Swedish (OMX) Entertainment Industry Analysis
UpdatedJun 17, 2024
DataAggregated Company Financials
Companies30
- 7D-3.0%
- 3M9.5%
- 1Y-26.0%
- YTD-20.4%
Over the last 7 days, the Entertainment industry has dropped 6.5%, driven by Embracer Group declining 7.9%. On the other hand Enad Global 7 is actually up 12%. Overall the industry is down 27% in 12 months. Looking forward, earnings are forecast to grow by 64% annually.
Industry Valuation and Performance
Has the Swedish Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Jun 2024 | kr66.0b | kr66.9b | -kr17,742,767,706.80 | 15.9x | -3.7x | 1x |
| Wed, 15 May 2024 | kr81.3b | kr67.8b | kr1.1b | 21.1x | 76.1x | 1.2x |
| Fri, 12 Apr 2024 | kr75.5b | kr67.8b | kr1.2b | 16.2x | 60.7x | 1.1x |
| Sun, 10 Mar 2024 | kr59.7b | kr67.8b | kr1.3b | 23.3x | 47.4x | 0.9x |
| Tue, 06 Feb 2024 | kr67.0b | kr66.9b | kr4.5b | 29.3x | 15x | 1x |
| Thu, 04 Jan 2024 | kr81.2b | kr67.0b | kr4.4b | 103.8x | 18.4x | 1.2x |
| Sat, 02 Dec 2023 | kr76.4b | kr67.0b | kr4.4b | 100x | 17.3x | 1.1x |
| Mon, 30 Oct 2023 | kr67.3b | kr65.3b | kr7.1b | 32.8x | 9.5x | 1x |
| Wed, 27 Sep 2023 | kr78.9b | kr65.3b | kr7.6b | 29.5x | 10.4x | 1.2x |
| Fri, 25 Aug 2023 | kr86.5b | kr65.3b | kr7.6b | 28.9x | 11.4x | 1.3x |
| Sun, 23 Jul 2023 | kr92.7b | kr61.5b | kr4.8b | 28.3x | 19.3x | 1.5x |
| Tue, 20 Jun 2023 | kr85.7b | kr61.4b | kr5.2b | 17.1x | 16.5x | 1.4x |
| Thu, 18 May 2023 | kr108.0b | kr61.2b | -kr559,045,226.00 | 23x | -193.1x | 1.8x |
| Sat, 15 Apr 2023 | kr112.7b | kr60.8b | -kr636,569,171.00 | 27.4x | -177x | 1.9x |
| Mon, 13 Mar 2023 | kr116.5b | kr60.9b | -kr757,627,366.00 | 23.9x | -153.8x | 1.9x |
| Wed, 08 Feb 2023 | kr118.6b | kr53.7b | -kr3,431,385,474.00 | 31.8x | -34.6x | 2.2x |
| Fri, 06 Jan 2023 | kr113.6b | kr53.5b | -kr3,498,866,985.00 | 33.3x | -32.5x | 2.1x |
| Sun, 04 Dec 2022 | kr110.3b | kr53.5b | -kr3,482,847,119.00 | 24.4x | -31.7x | 2.1x |
| Tue, 01 Nov 2022 | kr115.9b | kr46.0b | -kr4,024,817,431.00 | 35.7x | -28.8x | 2.5x |
| Thu, 29 Sep 2022 | kr121.3b | kr45.1b | -kr4,735,489,549.00 | 19.3x | -25.6x | 2.7x |
| Sat, 27 Aug 2022 | kr129.9b | kr45.1b | -kr4,706,965,318.00 | 19.1x | -27.6x | 2.9x |
| Mon, 25 Jul 2022 | kr151.5b | kr40.5b | -kr4,356,790,320.00 | 15.7x | -34.8x | 3.7x |
| Wed, 22 Jun 2022 | kr143.8b | kr39.3b | -kr4,216,809,901.00 | 20.3x | -34.1x | 3.7x |
| Fri, 20 May 2022 | kr141.7b | kr35.7b | -kr2,228,584,086.00 | 25.6x | -63.6x | 4x |
| Sun, 17 Apr 2022 | kr140.6b | kr34.5b | -kr2,207,417,792.00 | 53.2x | -63.7x | 4.1x |
| Tue, 15 Mar 2022 | kr135.7b | kr34.5b | -kr2,331,838,493.00 | 63.8x | -58.2x | 3.9x |
| Thu, 10 Feb 2022 | kr160.3b | kr30.3b | -kr1,551,656,713.00 | 49.2x | -103.3x | 5.3x |
| Sat, 08 Jan 2022 | kr159.1b | kr29.6b | -kr1,188,503,173.00 | 97.7x | -133.8x | 5.4x |
| Mon, 06 Dec 2021 | kr147.1b | kr29.6b | -kr1,176,460,276.00 | 79.5x | -125x | 5x |
| Wed, 03 Nov 2021 | kr141.0b | kr27.6b | kr81.7m | 25.3x | 1726x | 5.1x |
| Fri, 01 Oct 2021 | kr146.0b | kr27.1b | -kr28,179,371.00 | 27.1x | -5179.7x | 5.4x |
| Sun, 29 Aug 2021 | kr164.1b | kr27.1b | -kr28,215,485.28 | 27.1x | -5814.4x | 6.1x |
| Mon, 05 Jul 2021 | kr195.2b | kr27.1b | -kr21,931,300.28 | 36.7x | -8900.6x | 7.2x |
Price to Earnings Ratio
-8900.6x
Current Industry PE
- Investors are pessimistic on the Swedish Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 35% 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 caused losses to expand.
Industry Trends
Which industries have driven the changes within the Swedish Telecom industry?
| SE Market | -1.46% | |
| Telecom | -1.29% | |
| Entertainment | -3.04% | |
| Interactive Home Entertainment | -3.03% | |
| Movies and Entertainment | -5.43% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 64% over the next 5 years.
- This is better than its past earnings decline of 20% per year.
- In contrast, the Interactive Home Entertainment industry is expected to see its earnings grow by 64% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EG7 Enad Global 7 | kr14.83 | 10.7% +kr126.7m | -50.4% | PE15.9x | |
| MAGI MAG Interactive | kr9.90 | 6.9% +kr17.0m | -26.9% | PE39.2x | |
| SPIFF Spiffbet | kr0.024 | 41.2% +kr11.2m | -45.5% | PS0.8x | |
| FLEXM Flexion Mobile | kr9.88 | 1.2% +kr6.7m | -19.7% | PS0.6x | |
| MAXENT B Maximum Entertainment | kr1.22 | 11.4% +kr6.4m | -88.2% | PS0.05x |