Swedish (OMX) Utilities Sector Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies9
- 7D-4.1%
- 3M2.7%
- 1Y-87.8%
- YTD-87.4%
Over the last 7 days, the Utilities industry has dropped 4.1%, driven by a pullback from Orrön Energy of 6.7%. However, the industry is down 88% over the past year. As for the next few years, earnings are forecast to decline by 3.8% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | kr13.0b | kr1.7b | kr1.1b | 21x | 12.3x | 7.6x |
| Tue, 25 Oct 2022 | kr11.5b | kr951.9m | kr407.8m | 22.2x | 28.2x | 12.1x |
| Thu, 22 Sep 2022 | kr11.8b | kr951.9m | kr402.2m | 24.3x | 29.3x | 12.4x |
| Sat, 20 Aug 2022 | kr11.4b | kr913.2m | kr336.0m | 22.5x | 34x | 12.5x |
| Mon, 18 Jul 2022 | kr7.0b | kr895.7m | -kr12,049,193.00 | 19.9x | -583.9x | 7.9x |
| Wed, 15 Jun 2022 | kr4.8b | kr895.7m | kr103.2m | 19.5x | 46.3x | 5.3x |
| Fri, 13 May 2022 | kr5.1b | kr875.3m | kr127.1m | 22.2x | 40.5x | 5.9x |
| Sun, 10 Apr 2022 | kr6.3b | kr833.8m | kr85.6m | 40.6x | 74x | 7.6x |
| Tue, 08 Mar 2022 | kr5.0b | kr508.3m | -kr76,940,453.00 | 47.3x | -65.6x | 9.9x |
| Thu, 03 Feb 2022 | kr6.0b | kr450.1m | -kr186,775,677.00 | 1644.9x | -32.1x | 13.3x |
| Sat, 01 Jan 2022 | kr4.0b | kr450.1m | -kr186,479,998.00 | 1521.8x | -21.2x | 8.8x |
| Mon, 29 Nov 2021 | kr4.2b | kr443.5m | -kr205,421,658.00 | 1377.8x | -20.2x | 9.4x |
| Wed, 27 Oct 2021 | kr2.7b | kr232.0m | kr22.9m | 0.8x | 118.5x | 11.7x |
| Fri, 24 Sep 2021 | kr2.6b | kr232.0m | kr23.2m | 0.6x | 113.8x | 11.4x |
| Sun, 22 Aug 2021 | kr2.7b | kr232.0m | -kr133,287,177.00 | n/a | -20.1x | 11.5x |
| Fri, 09 Jul 2021 | kr2.7b | kr232.0m | -kr133,287,177.00 | n/a | -19.9x | 11.4x |
| Thu, 01 Apr 2021 | kr2.8b | kr221.6m | -kr152,154,714.00 | n/a | -18.2x | 12.5x |
| Sun, 03 Jan 2021 | kr2.1b | kr230.8m | -kr152,492,595.00 | n/a | -14x | 9.2x |
| Wed, 07 Oct 2020 | kr2.1b | kr453.1m | -kr11,636,553.00 | 184.2x | -183.2x | 4.7x |
| Tue, 30 Jun 2020 | kr1.9b | kr491.1m | kr5.1m | 38.4x | 382.1x | 4x |
| Fri, 03 Apr 2020 | kr1.5b | kr536.1m | kr16.2m | 19.1x | 90.7x | 2.7x |
| Mon, 06 Jan 2020 | kr1.7b | kr561.2m | -kr263,528,429.00 | 23.1x | -6.4x | 3x |
Price to Earnings Ratio
-4.6x
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 12.3x which is higher than its 3-year average PE of 1.4x.
- The industry is trading close to its 3-year average PS ratio of 8.1x.
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 62% 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 | 1.81% | |
| Utilities | -4.08% | |
| Water Utilities | 1.83% | |
| Gas Utilities | 0% | |
| Other Utilities | 0% | |
| Electric Utilities | -0.53% | |
| Renewable Energy | -4.57% | |
Industry PE
- Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 15.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Renewable Energy industry since they expect its earnings to decline by only 3.8% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 18,636% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings decline by 3.8% 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 | |
|---|---|---|---|---|---|
| ARISE Arise | kr52.10 | 2.6% +kr57.8m | 25.7% | PE3.1x | |
| AXOLOT Axolot Solutions Holding | kr0.78 | 1.8% +kr1.7m | -1.6% | PS41.7x |