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Swedish (OMX) Alternative Carriers Industry Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies4
  • 7D0.8%
  • 3M-12.4%
  • 1Y70.3%
  • YTDn/a

The Alternative Carriers industry is up 10% in the last week, with Ovzon up 42%. In the same time, Transtema Group was down 11%. This takes the industry's 12 month performance to a gain of 67%. Looking forward, earnings are forecast to grow by 64% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024SEK 4.3bSEK 4.5bSEK 39.7m30x108.2x1x
Tue, 22 Oct 2024SEK 3.9bSEK 4.4bSEK 55.7m18.7x70.4x0.9x
Thu, 19 Sep 2024SEK 4.5bSEK 4.4bSEK 57.5m18.7x78.7x1x
Sat, 17 Aug 2024SEK 4.8bSEK 4.4bSEK 49.5m19.3x96.1x1.1x
Mon, 15 Jul 2024SEK 5.3bSEK 4.5bSEK 115.5m13.5x45.8x1.2x
Wed, 12 Jun 2024SEK 4.8bSEK 4.5bSEK 115.5m13.7x41.3x1.1x
Fri, 10 May 2024SEK 4.0bSEK 4.5bSEK 68.0m12.3x59.2x0.9x
Sun, 07 Apr 2024SEK 3.8bSEK 4.6bSEK 150.0m11.7x25.3x0.8x
Tue, 05 Mar 2024SEK 3.6bSEK 4.6bSEK 151.1m12.3x23.7x0.8x
Thu, 01 Feb 2024SEK 3.5bSEK 4.6bSEK 127.4m11.7x27.2x0.7x
Sat, 30 Dec 2023SEK 3.9bSEK 4.6bSEK 127.4m10.7x30.4x0.8x
Mon, 27 Nov 2023SEK 2.3bSEK 4.6bSEK 132.3m10x17.7x0.5x
Wed, 25 Oct 2023SEK 2.6bSEK 4.6bSEK 118.3m10x21.8x0.6x
Fri, 22 Sep 2023SEK 3.3bSEK 4.6bSEK 149.9m10.8x22.1x0.7x
Sun, 20 Aug 2023SEK 3.5bSEK 4.7bSEK 150.3m11.2x23.4x0.8x
Tue, 18 Jul 2023SEK 3.2bSEK 4.5bSEK 145.2m10.6x22.3x0.7x
Thu, 15 Jun 2023SEK 4.0bSEK 4.5bSEK 144.6m11.9x28x0.9x
Sat, 13 May 2023SEK 4.3bSEK 4.3bSEK 113.9m12.1x37.5x1x
Mon, 10 Apr 2023SEK 4.8bSEK 4.4bSEK 155.0m13.6x31.2x1.1x
Wed, 08 Mar 2023SEK 5.3bSEK 4.4bSEK 162.7m14.6x32.7x1.2x
Fri, 03 Feb 2023SEK 5.7bSEK 4.0bSEK 116.1m17.2x48.9x1.4x
Sun, 01 Jan 2023SEK 5.6bSEK 4.0bSEK 116.1m15.2x48.4x1.4x
Tue, 29 Nov 2022SEK 4.5bSEK 4.0bSEK 147.5m15.2x30.3x1.1x
Thu, 27 Oct 2022SEK 4.4bSEK 3.8bSEK 145.2m15.2x30.5x1.2x
Sat, 24 Sep 2022SEK 4.4bSEK 3.8bSEK 124.1m14.3x35.7x1.2x
Mon, 22 Aug 2022SEK 5.2bSEK 3.8bSEK 124.1m16.4x41.9x1.4x
Wed, 20 Jul 2022SEK 4.9bSEK 3.5bSEK 67.9m16.8x72.2x1.4x
Fri, 17 Jun 2022SEK 4.9bSEK 3.5bSEK 67.9m17x72x1.4x
Sun, 15 May 2022SEK 5.3bSEK 3.5bSEK 63.3m19.4x83.5x1.5x
Tue, 12 Apr 2022SEK 6.2bSEK 3.4bSEK 78.9m21.2x79.1x1.8x
Thu, 10 Mar 2022SEK 5.5bSEK 3.4bSEK 78.9m18x69.7x1.6x
Sat, 05 Feb 2022SEK 6.5bSEK 3.2bSEK 11.8m27.8x553.7x2x
Mon, 03 Jan 2022SEK 7.1bSEK 3.2bSEK 11.8m31.5x605.6x2.2x
Wed, 01 Dec 2021SEK 6.7bSEK 3.2bSEK 11.8m32.3x567.9x2.1x
Price to Earnings Ratio

567.9x


Total Market Cap: SEK 6.7bTotal Earnings: SEK 11.8mTotal Revenue: SEK 3.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Alternative Carriers Industry Price to Earnings3Y Average 84.7x202220232024
Current Industry PE
  • Investors are optimistic on the Swedish Alternative Carriers industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 102x which is higher than its 3-year average PE of 85.5x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.93x.
Past Earnings Growth
  • The earnings for companies in the Alternative Carriers industry have grown 51% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Swedish Alternative Carriers compare with similar industries?

SE Market-0.23%
Telecom0.83%
Telecom Services and Carriers3.21%
Alternative Carriers0.82%
Integrated Telecom Services3.29%
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 15.3610.0%
+SEK 156.1m		185.5%PS5.2x
WYLD Wyld NetworksSEK 0.022-13.5%
SEK 10.6m		-99.7%PS4.4x
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Latest News

WYLD

SEK 0.022

Wyld Networks

7D

-13.5%

1Y

-99.7%

OVZON

SEK 15.36

Ovzon

7D

10.0%

1Y

185.5%

Earnings Release: Here's Why Analysts Cut Their Ovzon AB (publ) (STO:OVZON) Price Target To kr15.00

Nov 20
Earnings Release: Here's Why Analysts Cut Their Ovzon AB (publ) (STO:OVZON) Price Target To kr15.00

TRANS

SEK 15.54

Transtema Group

7D

-6.7%

1Y

29.9%

BRE2

SEK 1.99

Bredband2 i Skandinavien

7D

-3.7%

1Y

37.1%

SONE

SEK 4.40

Sonetel

7D

-1.8%

1Y

-9.5%