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Swedish (OMX) Utilities Sector Analysis

UpdatedDec 08, 2023
DataAggregated Company Financials
  • 7D2.0%
  • 3M-4.2%
  • 1Y-50.3%
  • YTD-47.3%

Last week, the Utilities industry hasn't moved much but Arise is up 9.8% in that time. As for the longer term, the industry has declined 50% in the last year. As for the next few years, earnings are expected to grow by 72% per annum.

Sector Valuation and Performance

Has the Swedish Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 08 Dec 2023kr6.8bkr1.5b-kr91,898,029.0013.4x-73.7x4.6x
Sun, 05 Nov 2023kr6.3bkr2.3bkr680.6m14.3x9.2x2.7x
Tue, 03 Oct 2023kr6.5bkr2.3bkr681.3m14.6x9.6x2.9x
Thu, 31 Aug 2023kr7.4bkr2.3bkr682.0m14.5x10.8x3.2x
Sat, 29 Jul 2023kr8.1bkr2.2bkr1.2b12.6x7x3.7x
Mon, 26 Jun 2023kr8.2bkr2.1bkr1.1b12.5x7.4x3.8x
Wed, 24 May 2023kr8.6bkr2.1bkr1.1b13.8x7.8x4x
Fri, 21 Apr 2023kr8.8bkr2.0bkr1.1b14.2x8.2x4.5x
Sun, 19 Mar 2023kr9.2bkr2.0bkr1.1b15.1x8.4x4.6x
Tue, 14 Feb 2023kr10.3bkr1.7bkr1.1b17.5x9.3x5.9x
Thu, 12 Jan 2023kr11.5bkr1.7bkr1.1b18.8x10.4x6.6x
Sat, 10 Dec 2022kr12.7bkr1.7bkr1.1b21.1x11.5x7.3x
Mon, 07 Nov 2022kr13.2bkr978.8mkr409.4m22.7x32.1x13.4x
Wed, 05 Oct 2022kr12.9bkr951.9mkr398.6m27.6x32.3x13.5x
Fri, 02 Sep 2022kr12.1bkr943.2mkr389.6m23.8x31.1x12.8x
Sun, 31 Jul 2022kr9.1bkr913.7m-kr8,914,523.0022.3x-1015.5x9.9x
Tue, 28 Jun 2022kr4.8bkr895.7mkr103.2m19.7x46.1x5.3x
Thu, 26 May 2022kr4.9bkr895.7mkr104.7m20.1x46.8x5.5x
Sat, 23 Apr 2022kr6.1bkr833.8mkr85.6m40.8x70.7x7.3x
Mon, 21 Mar 2022kr5.9bkr504.1m-kr71,323,453.0064.6x-82.3x11.6x
Wed, 16 Feb 2022kr5.8bkr450.1m-kr186,775,677.001643.7x-30.8x12.8x
Fri, 14 Jan 2022kr4.6bkr450.1m-kr186,775,677.001633.9x-24.7x10.2x
Sun, 12 Dec 2021kr4.1bkr450.5m-kr186,331,265.001432.8x-21.9x9x
Tue, 09 Nov 2021kr4.1bkr340.2m-kr291,268,946.00n/a-14.2x12.1x
Thu, 07 Oct 2021kr2.4bkr232.0mkr26.6m0.6x90.1x10.3x
Sat, 04 Sep 2021kr2.6bkr232.0m-kr133,287,177.00n/a-19.7x11.3x
Mon, 02 Aug 2021kr2.7bkr232.0m-kr133,287,177.00n/a-20.1x11.5x
Thu, 06 May 2021kr3.0bkr221.6m-kr152,154,714.00n/a-19.8x13.6x
Sun, 07 Feb 2021kr2.7bkr230.8m-kr152,492,595.00n/a-17.7x11.7x
Price to Earnings Ratio


Total Market Cap: kr2.1bTotal Earnings: -kr152,492,595.00Total Revenue: kr230.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Utilities Sector Price to Earnings3Y Average -22.3x20222023
Current Industry PE
  • Investors are pessimistic on the Swedish Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 8.5x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have improved over the last three years.
  • Revenues for these companies have grown 85% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the Swedish Utilities sector?

SE Market2.88%
Water Utilities4.13%
Renewable Energy2.45%
Gas Utilities0%
Other Utilities0%
Electric Utilities-0.21%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 16.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 72% over the next 5 years.
  • This is better than its past earnings decline of 78% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 72% 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
ARISE Arisekr43.809.8%
ORRON Orrön Energykr7.511.4%
AXOLOT Axolot Solutions Holdingkr0.384.1%
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