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Swedish (OMX) Alternative Carriers Industry Analysis

UpdatedMar 23, 2026
DataAggregated Company Financials
Companies4
  • 7D-2.5%
  • 3M45.3%
  • 1Y90.9%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 1.9%, driven by Ovzon declining 2.0%. Meanwhile, Sonetel actually outperformed within the industry, gaining 7.7% in the last week. In the past year, the industry has gained 92%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Mar 2026SEK 6.9bSEK 3.4b-SEK 20,451,239.0048.7x-339.6x2.1x
Wed, 18 Feb 2026SEK 9.0bSEK 5.1b-SEK 72,517,239.0028.4x-124.7x1.8x
Fri, 16 Jan 2026SEK 9.5bSEK 5.1bSEK 51.7m136.5x184x1.9x
Sun, 14 Dec 2025SEK 7.1bSEK 5.1bSEK 51.7m128.4x137.4x1.4x
Tue, 11 Nov 2025SEK 6.9bSEK 5.1bSEK 85.9m126.5x80.3x1.3x
Thu, 09 Oct 2025SEK 7.1bSEK 4.9bSEK 40.5m26.3x176.1x1.4x
Sat, 06 Sep 2025SEK 7.7bSEK 4.9bSEK 40.5m28.8x189.5x1.6x
Mon, 04 Aug 2025SEK 8.5bSEK 4.7b-SEK 50,547,228.0059.1x-168.9x1.8x
Wed, 02 Jul 2025SEK 8.2bSEK 4.7b-SEK 50,547,228.0053.2x-163.2x1.7x
Fri, 30 May 2025SEK 5.9bSEK 4.7b-SEK 57,179,228.0052.4x-102.8x1.2x
Sun, 27 Apr 2025SEK 5.8bSEK 4.6b-SEK 75,152,228.0018.6x-77.7x1.3x
Tue, 25 Mar 2025SEK 5.5bSEK 4.6b-SEK 67,497,228.0018x-81.6x1.2x
Thu, 20 Feb 2025SEK 4.6bSEK 4.6bSEK 17.4m17.5x263.5x1x
Sat, 18 Jan 2025SEK 5.1bSEK 4.5bSEK 39.7m29.2x128.6x1.1x
Mon, 16 Dec 2024SEK 3.9bSEK 4.5bSEK 39.7m28.9x99.2x0.9x
Wed, 13 Nov 2024SEK 3.8bSEK 4.4bSEK 42.7m31.5x88.1x0.8x
Fri, 11 Oct 2024SEK 3.9bSEK 4.4bSEK 55.7m17.9x70.2x0.9x
Sun, 08 Sep 2024SEK 4.7bSEK 4.4bSEK 57.5m19.1x82.5x1.1x
Tue, 06 Aug 2024SEK 4.7bSEK 4.5bSEK 115.5m13.3x40.9x1.1x
Thu, 04 Jul 2024SEK 4.7bSEK 4.5bSEK 115.5m13.4x40.8x1x
Sat, 01 Jun 2024SEK 4.8bSEK 4.5bSEK 68.0m13.4x70.1x1.1x
Mon, 29 Apr 2024SEK 3.9bSEK 4.6bSEK 126.0m12.2x31.2x0.9x
Wed, 27 Mar 2024SEK 3.9bSEK 4.6bSEK 151.1m11.8x25.6x0.8x
Fri, 23 Feb 2024SEK 3.6bSEK 4.6bSEK 150.7m11.9x23.6x0.8x
Sun, 21 Jan 2024SEK 3.4bSEK 4.6bSEK 127.4m11.3x26.8x0.7x
Tue, 19 Dec 2023SEK 2.9bSEK 4.6bSEK 127.4m10.7x22.7x0.6x
Thu, 16 Nov 2023SEK 2.4bSEK 4.6bSEK 125.4m11x19.5x0.5x
Sat, 14 Oct 2023SEK 3.1bSEK 4.6bSEK 150.3m10.1x20.9x0.7x
Mon, 11 Sep 2023SEK 3.3bSEK 4.6bSEK 149.9m11.2x21.8x0.7x
Wed, 09 Aug 2023SEK 3.4bSEK 4.5bSEK 145.2m11.2x23.4x0.7x
Fri, 07 Jul 2023SEK 3.3bSEK 4.5bSEK 145.2m10.5x23x0.7x
Sun, 04 Jun 2023SEK 4.1bSEK 4.5bSEK 144.6m11.8x28.2x0.9x
Tue, 02 May 2023SEK 4.8bSEK 4.3bSEK 113.9m13.5x42x1.1x
Thu, 30 Mar 2023SEK 4.7bSEK 4.4bSEK 162.7m13.3x28.8x1.1x
Price to Earnings Ratio

28.8x


Total Market Cap: SEK 4.7bTotal Earnings: SEK 162.7mTotal Revenue: SEK 4.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Alternative Carriers Industry Price to Earnings3Y Average 230.1x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Alternative Carriers industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • Total earnings for the Alternative Carriers industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 8.5% per year, which is driving profits down.

Industry Comparison

How does Swedish Alternative Carriers compare with similar industries?

SE Market-5.18%
Telecom-3.11%
Telecom Services and Carriers-2.71%
Alternative Carriers-2.54%
Integrated Telecom Services-2.72%
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
SONE SonetelSEK 5.607.7%
+SEK 3.0m		16.7%PS1.4x

Latest News

OVZON
SEK 59.80
Ovzon
7D
-2.6%
1Y
130.0%

OVZON: Defence Contracts Will Sustain Earnings Expectations Despite Bearish Index Exit Risk

The latest analyst narrative on Ovzon leaves the fair value estimate broadly unchanged at SEK56.8. Analysts point to essentially stable assumptions for growth, margins and future P/E as the basis for maintaining their price target level. What's in the News Ovzon received a three month order worth US$1.3 million (about SEK 12 million) via SES Space & Defense to provide SATCOM services and technical support to the U.S. Department of War.
WYLD
SEK 0.66
Wyld Networks
7D
-56.9%
1Y
-96.1%
TRANS
SEK 5.34
Transtema Group
7D
-0.2%
1Y
-61.9%
SONE
SEK 5.60
Sonetel
7D
7.7%
1Y
16.7%