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Swedish (OMX) Telecom Services and Carriers Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies6
  • 7D1.7%
  • 3M24.5%
  • 1Y31.3%
  • YTD18.7%

Over the last 7 days, the Telecom Services and Carriers industry has risen 1.7%, driven by gains from Telia Company of 4.0%. This means that the industry has gained 31% over the past year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Swedish Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026SEK 198.0bSEK 86.6bSEK 5.2b36.6x37.9x2.3x
Thu, 12 Feb 2026SEK 187.4bSEK 88.2bSEK 5.2b28.3x35.9x2.1x
Sat, 10 Jan 2026SEK 167.5bSEK 96.6bSEK 5.7b28.3x29.5x1.7x
Mon, 08 Dec 2025SEK 163.9bSEK 96.6bSEK 5.7b27x28.8x1.7x
Wed, 05 Nov 2025SEK 159.1bSEK 96.4bSEK 5.7b26.7x27.7x1.6x
Fri, 03 Oct 2025SEK 153.4bSEK 96.5bSEK 5.6b26.5x27.2x1.6x
Sun, 31 Aug 2025SEK 153.4bSEK 96.5bSEK 5.6b28.9x27.2x1.6x
Tue, 29 Jul 2025SEK 152.0bSEK 96.2bSEK 5.5b29.2x27.4x1.6x
Thu, 26 Jun 2025SEK 149.1bSEK 96.6bSEK 5.1b27.7x29.1x1.5x
Sat, 24 May 2025SEK 158.8bSEK 96.6bSEK 5.1b29x31.1x1.6x
Mon, 21 Apr 2025SEK 151.1bSEK 95.8bSEK 3.9b25.3x38.6x1.6x
Wed, 19 Mar 2025SEK 152.3bSEK 95.8bSEK 4.0b24.7x38.4x1.6x
Fri, 14 Feb 2025SEK 144.6bSEK 95.7bSEK 4.1b26.3x35.6x1.5x
Sun, 12 Jan 2025SEK 129.1bSEK 95.1bSEK 1.3b31.4x98.6x1.4x
Tue, 10 Dec 2024SEK 133.4bSEK 95.1bSEK 1.3b33x101.9x1.4x
Thu, 07 Nov 2024SEK 130.7bSEK 95.1bSEK 1.3b22.3x98.7x1.4x
Sat, 05 Oct 2024SEK 137.9bSEK 95.3bSEK 616.1m22.1x223.8x1.4x
Mon, 02 Sep 2024SEK 135.8bSEK 95.3bSEK 607.9m22.6x223.4x1.4x
Wed, 31 Jul 2024SEK 137.9bSEK 95.3bSEK 658.6m23.5x209.4x1.4x
Fri, 28 Jun 2024SEK 121.1bSEK 94.8b-SEK 152,387,791.0021.3x-794.9x1.3x
Sun, 26 May 2024SEK 114.1bSEK 94.8b-SEK 199,904,791.0021.9x-570.5x1.2x
Tue, 23 Apr 2024SEK 113.2bSEK 95.3b-SEK 267,257,791.0020.6x-423.4x1.2x
Thu, 21 Mar 2024SEK 109.4bSEK 95.3b-SEK 242,203,791.0020.2x-451.6x1.1x
Sat, 17 Feb 2024SEK 104.1bSEK 95.3b-SEK 310,175,324.0020.2x-335.7x1.1x
Mon, 15 Jan 2024SEK 115.5bSEK 100.3b-SEK 15,548,955,577.0019.9x-7.4x1.2x
Wed, 13 Dec 2023SEK 109.2bSEK 100.3b-SEK 15,548,955,577.0018.3x-7x1.1x
Fri, 10 Nov 2023SEK 102.7bSEK 100.3b-SEK 15,551,855,577.0020.1x-6.6x1x
Sun, 08 Oct 2023SEK 97.6bSEK 99.5b-SEK 15,427,693,577.0017x-6.3x1x
Tue, 05 Sep 2023SEK 93.9bSEK 99.5b-SEK 15,428,077,517.0019x-6.1x0.9x
Thu, 03 Aug 2023SEK 93.4bSEK 99.4b-SEK 15,432,902,517.0017.1x-6.1x0.9x
Sat, 01 Jul 2023SEK 100.9bSEK 98.4b-SEK 14,670,902,517.0017.6x-6.9x1x
Mon, 29 May 2023SEK 112.8bSEK 98.4b-SEK 14,671,281,927.0017.5x-7.7x1.1x
Wed, 26 Apr 2023SEK 114.2bSEK 96.9b-SEK 14,368,986,927.0016.7x-7.9x1.2x
Fri, 24 Mar 2023SEK 114.1bSEK 97.0b-SEK 14,320,140,927.0016x-8x1.2x
Price to Earnings Ratio

-8x


Total Market Cap: SEK 114.1bTotal Earnings: -SEK 14,320,140,927.00Total Revenue: SEK 97.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Telecom Services and Carriers Industry Price to Earnings3Y Average -51.5x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 37.9x which is higher than its 3-year average PE of -51.6x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • Total earnings for the Telecom industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 3.7% 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 Market0.51%
Telecom1.09%
Telecom Services and Carriers1.72%
Alternative Carriers6.15%
Integrated Telecom Services1.57%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 15.9%, which is higher than its past year's earnings growth of 7.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 16% over the next 5 years.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 16% 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 47.942.1%
+SEK 3.9b		33.6%PE37.2x
OVZON OvzonSEK 65.2011.5%
+SEK 747.3m		136.7%PE53.1x
SONE SonetelSEK 5.7510.6%
+SEK 4.2m		23.4%PS1.5x
WYLD Wyld NetworksSEK 0.77101.3%
+SEK 2.3m		-95.6%PS2.9x

Latest News

TELIA
SEK 47.94
Telia Company
7D
2.1%
1Y
33.6%

TELIA: Future Norwegian Network Deal Will Expose Fully Priced Shares

Telia Company's updated analyst price target has shifted to a range of SEK 41 to SEK 41.60, reflecting analysts' adjusted views on its valuation while fair value assumptions and key operating metrics remain broadly aligned with prior estimates. Analyst Commentary Recent research updates on Telia Company show a mixed picture, with some firms adjusting price targets higher but also tempering their stance on the shares.
OVZON
SEK 65.20
Ovzon
7D
11.5%
1Y
136.7%

OVZON: Defence Contracts And Index Exit Will Shape Fairly Valued Outlook

Analysts have raised their fair value estimate for Ovzon to SEK56.80 from SEK53.30, reflecting updated assumptions around future revenue growth, profit margins and a higher forward P/E multiple. What's in the News Ovzon has been removed from the OMX Nordic Small Cap Index, which may affect index fund ownership and trading volumes for the share.
BAHN B
SEK 51.50
Bahnhof
7D
-1.9%
1Y
2.0%
TRANS
SEK 5.25
Transtema Group
7D
-0.9%
1Y
-63.5%
WYLD
SEK 0.77
Wyld Networks
7D
101.3%
1Y
-95.6%
SONE
SEK 5.75
Sonetel
7D
10.6%
1Y
23.4%