Benign Growth For Gigasun AB (publ) (STO:GIGA) Underpins Stock's 27% Plummet
Apr 16
Swedish (OMX) Utilities Sector Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies6
- 7D-1.9%
- 3M6.2%
- 1Y-26.8%
- YTD1.4%
Over the last 7 days, the Utilities industry has dropped 1.9%, driven by Arise declining 4.1%. The industry has fallen 27% in the last year. Earnings are forecast to grow by 36% annually.
Sector Valuation and Performance
Has the Swedish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | kr5.9b | kr1.4b | kr103.1m | 16.2x | 57.3x | 4.2x |
| Sun, 24 Mar 2024 | kr5.3b | kr1.4b | kr105.1m | 11.6x | 50.8x | 3.8x |
| Tue, 20 Feb 2024 | kr5.3b | kr1.4b | kr54.6m | 11.3x | 96.6x | 3.8x |
| Thu, 18 Jan 2024 | kr6.6b | kr1.5b | -kr94,035,449.00 | 13.6x | -70x | 4.5x |
| Sat, 16 Dec 2023 | kr6.9b | kr1.5b | -kr91,437,700.00 | 13.7x | -75.5x | 4.7x |
| Mon, 13 Nov 2023 | kr6.0b | kr2.3b | kr680.7m | 13.9x | 8.9x | 2.6x |
| Wed, 11 Oct 2023 | kr6.5b | kr2.3b | kr681.6m | 14.8x | 9.5x | 2.8x |
| Fri, 08 Sep 2023 | kr7.2b | kr2.3b | kr679.0m | 15x | 10.6x | 3.1x |
| Sun, 06 Aug 2023 | kr7.9b | kr2.2b | kr1.2b | 12.3x | 6.8x | 3.6x |
| Tue, 04 Jul 2023 | kr8.2b | kr2.1b | kr1.1b | 12.4x | 7.4x | 3.8x |
| Thu, 01 Jun 2023 | kr8.1b | kr2.1b | kr1.1b | 12.7x | 7.3x | 3.8x |
| Sat, 29 Apr 2023 | kr8.9b | kr2.0b | kr1.1b | 14.3x | 8.2x | 4.5x |
| Mon, 27 Mar 2023 | kr9.1b | kr2.0b | kr1.1b | 15x | 8.4x | 4.6x |
| Wed, 22 Feb 2023 | kr9.7b | kr2.0b | kr1.1b | 14.7x | 8.5x | 4.9x |
| Fri, 20 Jan 2023 | kr11.7b | kr1.7b | kr1.1b | 21.6x | 10.6x | 6.7x |
| Sun, 18 Dec 2022 | kr12.1b | kr1.7b | kr1.1b | 19.8x | 11x | 6.9x |
| Tue, 15 Nov 2022 | kr13.6b | kr1.7b | kr1.1b | 20.9x | 12.9x | 7.9x |
| Thu, 13 Oct 2022 | kr11.5b | kr951.9m | kr409.0m | 23.3x | 28.1x | 12.1x |
| Sat, 10 Sep 2022 | kr12.1b | kr943.2m | kr385.6m | 25.3x | 31.4x | 12.8x |
| Mon, 08 Aug 2022 | kr10.0b | kr913.2m | -kr9,487,283.00 | 22.8x | -1054.4x | 11x |
| Wed, 06 Jul 2022 | kr4.7b | kr895.7m | kr103.2m | 19.3x | 45.8x | 5.3x |
| Fri, 03 Jun 2022 | kr5.0b | kr898.2m | -kr81,019,917.00 | 20.3x | -61.4x | 5.5x |
| Sun, 01 May 2022 | kr5.8b | kr833.8m | kr85.6m | 43.2x | 67.7x | 7x |
| Tue, 29 Mar 2022 | kr5.7b | kr504.1m | kr30.6m | 62x | 187.4x | 11.4x |
| Thu, 24 Feb 2022 | kr5.1b | kr502.4m | -kr132,644,677.00 | 1146.4x | -38.2x | 10.1x |
| Sat, 22 Jan 2022 | kr4.5b | kr450.1m | -kr186,775,677.00 | 1618.8x | -23.8x | 9.9x |
| Mon, 20 Dec 2021 | kr3.8b | kr450.1m | -kr187,018,444.00 | 1408.9x | -20.2x | 8.4x |
| Wed, 17 Nov 2021 | kr4.2b | kr433.3m | -kr207,506,309.00 | 887.2x | -20.2x | 9.7x |
| Fri, 15 Oct 2021 | kr2.6b | kr232.0m | kr23.3m | 0.6x | 112.7x | 11.3x |
| Sun, 12 Sep 2021 | kr2.7b | kr232.0m | -kr133,287,177.00 | n/a | -19.9x | 11.4x |
| Tue, 10 Aug 2021 | kr2.7b | kr232.0m | -kr133,287,177.00 | n/a | -20x | 11.5x |
| Mon, 03 May 2021 | kr3.0b | kr221.6m | -kr152,154,714.00 | n/a | -19.8x | 13.6x |
Price to Earnings Ratio
-19.8x
Current Industry PE
- Investors are optimistic on the Swedish Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 57.3x which is higher than its 3-year average PE of -21.2x.
- The 3-year average PS ratio of 7.6x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 86% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Utilities sector?
| SE Market | -0.69% | |
| Utilities | -1.88% | |
| Gas Utilities | 0% | |
| Other Utilities | 0% | |
| Electric Utilities | -1.19% | |
| Renewable Energy | -2.01% | |
| Water Utilities | -17.31% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 2.6x.
- Analysts are expecting annual earnings growth of 36.1%, which is higher than its past year's earnings decline of 73.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 36% over the next 5 years.
- This is better than its past earnings decline of 73% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 36% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GIGA Gigasun | kr3.00 | 4.9% +kr8.0m | -77.8% | PS1x | |
| ZAZZ B ZAZZ Energy of Sweden | kr0.013 | 0.7% +kr51.4k | -92.5% | n/a |