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Swedish (OMX) Wireless Telecom Industry Analysis

UpdatedJul 21, 2024
DataAggregated Company Financials
Companies2
  • 7D2.2%
  • 3M4.4%
  • 1Y32.0%
  • YTD20.6%

Over the last 7 days, the Wireless Telecom industry has risen 2.2%, driven by gains from Tele2 of 2.2%. In the same time, My Beat was down 16%. This takes the industry's 12 month performance to a gain of 32%. Looking forward, earnings are forecast to grow by 3.2% annually.

Industry Valuation and Performance

Has the Swedish Wireless Telecom Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Jul 2024SEK 73.9bSEK 29.4bSEK 3.7b19.7x19.8x2.5x
Wed, 19 Jun 2024SEK 73.1bSEK 29.2bSEK 3.7b19.8x19.8x2.5x
Fri, 17 May 2024SEK 70.3bSEK 29.2bSEK 3.7b19x19.1x2.4x
Sun, 14 Apr 2024SEK 64.7bSEK 29.1bSEK 3.7b17.3x17.3x2.2x
Tue, 12 Mar 2024SEK 59.9bSEK 29.1bSEK 3.7b16x16.1x2.1x
Thu, 08 Feb 2024SEK 58.3bSEK 29.2bSEK 3.7b15.5x15.8x2x
Sat, 06 Jan 2024SEK 61.9bSEK 29.0bSEK 3.6b16.7x17x2.1x
Mon, 04 Dec 2023SEK 58.1bSEK 29.0bSEK 3.6b15.6x16x2x
Wed, 01 Nov 2023SEK 55.1bSEK 28.9bSEK 3.6b14.8x15.2x1.9x
Fri, 29 Sep 2023SEK 57.2bSEK 28.8bSEK 3.6b15.6x16x2x
Sun, 27 Aug 2023SEK 53.0bSEK 28.8bSEK 3.6b14.4x14.8x1.8x
Tue, 25 Jul 2023SEK 56.9bSEK 28.8bSEK 3.6b15.5x15.9x2x
Thu, 22 Jun 2023SEK 62.4bSEK 28.4bSEK 3.5b17.2x17.6x2.2x
Sat, 20 May 2023SEK 70.4bSEK 28.5bSEK 3.5b19.5x19.9x2.5x
Mon, 17 Apr 2023SEK 73.4bSEK 28.2bSEK 5.1b14x14.3x2.6x
Wed, 15 Mar 2023SEK 67.8bSEK 28.2bSEK 5.1b12.9x13.2x2.4x
Fri, 10 Feb 2023SEK 64.2bSEK 28.2bSEK 5.1b12.2x12.5x2.3x
Sun, 08 Jan 2023SEK 62.9bSEK 27.7bSEK 5.2b11.9x12.2x2.3x
Tue, 06 Dec 2022SEK 65.9bSEK 27.7bSEK 5.2b12.5x12.8x2.4x
Thu, 03 Nov 2022SEK 63.7bSEK 27.7bSEK 5.1b12.1x12.4x2.3x
Sat, 01 Oct 2022SEK 67.0bSEK 27.3bSEK 5.2b12.6x13x2.5x
Mon, 29 Aug 2022SEK 79.2bSEK 27.3bSEK 5.2b14.9x15.3x2.9x
Wed, 27 Jul 2022SEK 80.7bSEK 27.3bSEK 5.2b15.2x15.6x3x
Fri, 24 Jun 2022SEK 79.3bSEK 27.0bSEK 5.5b14.1x14.5x2.9x
Sun, 22 May 2022SEK 89.4bSEK 27.0bSEK 5.5b16x16.3x3.3x
Tue, 19 Apr 2022SEK 102.7bSEK 26.8bSEK 3.9b25.8x26.6x3.8x
Thu, 17 Mar 2022SEK 91.4bSEK 26.8bSEK 3.9b23x23.7x3.4x
Sat, 12 Feb 2022SEK 93.6bSEK 26.8bSEK 3.9b23.5x24.1x3.5x
Mon, 10 Jan 2022SEK 89.0bSEK 26.7bSEK 7.4b11.7x11.9x3.3x
Wed, 08 Dec 2021SEK 89.4bSEK 26.7bSEK 7.4b11.8x12x3.3x
Fri, 05 Nov 2021SEK 85.5bSEK 26.7bSEK 7.5b11.3x11.5x3.2x
Sun, 03 Oct 2021SEK 89.4bSEK 26.6bSEK 7.5b11.7x11.8x3.4x
Tue, 31 Aug 2021SEK 89.5bSEK 26.6bSEK 7.5b11.7x11.9x3.4x
Price to Earnings Ratio

11.6x


Total Market Cap: SEK 87.8bTotal Earnings: SEK 7.5bTotal Revenue: SEK 26.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Wireless Telecom Industry Price to Earnings3Y Average 15.7x202220232024
Current Industry PE
    There are only 2 companies in the Swedish Wireless Telecom industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Wireless Telecom industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.3% 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 decreased profits.

Industry Trends

Which industries have driven the changes within the Swedish Telecom industry?

SE Market-1.84%
Telecom2.93%
Wireless Telecom2.19%
Wireless Telecom Services2.19%
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
TEL2 B Tele2SEK 106.802.2%
+SEK 1.6b
31.9%PE19.7x
NETM B Netmore GroupSEK 0.673.7%
+SEK 7.6m
-49.9%PS2.6x
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