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Swedish (OMX) Alternative Carriers Industry Analysis

UpdatedJul 28, 2026
DataAggregated Company Financials
Companies4
  • 7D0.7%
  • 3M-30.4%
  • 1Y-32.4%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 2.3%, driven by a pullback from Ovzon of 2.4%. The industry has fallen 35% in the last year. Looking forward, earnings are forecast to grow by 8.0% annually.

Industry Valuation and Performance

Has the Swedish Alternative Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Jul 2026SEK 4.5bSEK 3.6bSEK 77.9m59.1x57.9x1.3x
Thu, 25 Jun 2026SEK 5.0bSEK 3.5bSEK 58.9m55.9x85.4x1.4x
Sat, 23 May 2026SEK 7.6bSEK 3.5bSEK 32.0m38.2x236.2x2.2x
Mon, 20 Apr 2026SEK 7.2bSEK 3.4b-SEK 13,767,505.0051.1x-526.3x2.1x
Wed, 18 Mar 2026SEK 7.5bSEK 3.4b-SEK 20,451,239.0053.1x-368.9x2.2x
Fri, 13 Feb 2026SEK 9.0bSEK 5.1b-SEK 72,517,239.0028.3x-124.5x1.8x
Sun, 11 Jan 2026SEK 8.4bSEK 5.1bSEK 51.7m135.8x162.3x1.6x
Tue, 09 Dec 2025SEK 7.0bSEK 5.1bSEK 51.7m130.4x135.1x1.4x
Thu, 06 Nov 2025SEK 7.1bSEK 5.1bSEK 104.1m25.4x67.8x1.4x
Sat, 04 Oct 2025SEK 8.1bSEK 4.9bSEK 40.5m26.6x199x1.6x
Mon, 01 Sep 2025SEK 7.8bSEK 4.9bSEK 40.5m28.9x193.3x1.6x
Wed, 30 Jul 2025SEK 8.6bSEK 4.7b-SEK 50,547,228.0060.7x-170.6x1.8x
Fri, 27 Jun 2025SEK 8.1bSEK 4.7b-SEK 50,547,228.0051.8x-161.1x1.7x
Sun, 25 May 2025SEK 6.0bSEK 4.7b-SEK 57,179,228.0050.4x-104.2x1.3x
Tue, 22 Apr 2025SEK 5.6bSEK 4.6b-SEK 114,152,228.0018.2x-49.4x1.2x
Thu, 20 Mar 2025SEK 5.5bSEK 4.6b-SEK 67,497,228.0018.5x-82.1x1.2x
Sat, 15 Feb 2025SEK 4.6bSEK 4.6bSEK 17.4m17.5x262x1x
Mon, 13 Jan 2025SEK 4.5bSEK 4.5bSEK 39.7m28.8x112.2x1x
Wed, 11 Dec 2024SEK 4.0bSEK 4.5bSEK 39.7m29.3x100.5x0.9x
Fri, 08 Nov 2024SEK 3.9bSEK 4.5bSEK 62.8m19x62.2x0.9x
Sun, 06 Oct 2024SEK 4.2bSEK 4.4bSEK 55.7m18.4x75.9x1x
Tue, 03 Sep 2024SEK 4.8bSEK 4.4bSEK 57.5m19.2x83.9x1.1x
Thu, 01 Aug 2024SEK 5.2bSEK 4.5bSEK 115.5m14.1x44.8x1.2x
Sat, 29 Jun 2024SEK 4.7bSEK 4.5bSEK 115.5m13.4x40.5x1x
Mon, 27 May 2024SEK 4.8bSEK 4.5bSEK 68.0m13.3x70.3x1.1x
Wed, 24 Apr 2024SEK 4.1bSEK 4.6bSEK 126.0m12.1x32.2x0.9x
Fri, 22 Mar 2024SEK 3.9bSEK 4.6bSEK 151.1m11.8x25.5x0.8x
Sun, 18 Feb 2024SEK 3.6bSEK 4.6bSEK 95.5m11.7x37.9x0.8x
Tue, 16 Jan 2024SEK 3.5bSEK 4.6bSEK 127.4m11.3x27.8x0.8x
Thu, 14 Dec 2023SEK 2.9bSEK 4.6bSEK 127.4m10.3x23x0.6x
Sat, 11 Nov 2023SEK 2.4bSEK 4.6bSEK 125.4m10.6x19.2x0.5x
Mon, 09 Oct 2023SEK 3.2bSEK 4.6bSEK 150.3m10x21.6x0.7x
Wed, 06 Sep 2023SEK 3.3bSEK 4.6bSEK 149.9m11.1x22x0.7x
Fri, 04 Aug 2023SEK 3.3bSEK 4.5bSEK 145.2m10.7x22.9x0.7x
Price to Earnings Ratio

22.9x


Total Market Cap: SEK 3.3bTotal Earnings: SEK 145.2mTotal Revenue: SEK 4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Alternative Carriers Industry Price to Earnings3Y Average 222.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Alternative Carriers industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 57.5x which is lower than its 3-year average PE of 222x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Alternative Carriers industry have declined 19% per year over the last three years,
  • Revenues have also declined 7.7% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Swedish Alternative Carriers compare with similar industries?

SE Market2.12%
Telecom0.95%
Telecom Services and Carriers-0.67%
Alternative Carriers0.75%
Integrated Telecom Services-0.71%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
OVZON OvzonSEK 38.200.7%
+SEK 29.2m		-11.2%PE18.7x
TRANS Transtema GroupSEK 4.202.7%
+SEK 4.7m		-74.2%PS0.07x
SONE SonetelSEK 5.820.3%
+SEK 151.4k		-36.4%PE99.5x

Latest News

OVZON
SEK 38.20
Ovzon
7D
0.7%
1Y
-11.2%
Narrative Update • Jul 22

OVZON: Future NATO And European Contracts Will Support Bullish Re Rating

Analysts have lifted their fair value price target for Ovzon from SEK45.60 to SEK65.00 as they factor in a higher discount rate, lower projected revenue growth and profit margins, and a materially higher future P/E assumption. What’s in the News for Ovzon Ovzon AB received a supplementary order from a European customer for additional mobile satellite terminals worth SEK 36 million, with deliveries scheduled during 2026, source: company client announcement.
TRANS
SEK 4.20
Transtema Group
7D
2.7%
1Y
-74.2%
SONE
SEK 5.82
Sonetel
7D
0.3%
1Y
-36.4%