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Swedish (OMX) Utilities Sector Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies4
  • 7D6.7%
  • 3M30.5%
  • 1Y-0.3%
  • YTD22.6%

Over the last 7 days, the Utilities industry has risen 6.7%, driven by gains from Orrön Energy of 12%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to decline by 17% per year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026SEK 3.5bSEK 666.4mSEK 2.3b0.5x1.5x5.2x
Mon, 19 Jan 2026SEK 2.9bSEK 640.1mSEK 2.2b0.5x1.3x4.5x
Wed, 17 Dec 2025SEK 4.7bSEK 1.1bSEK 2.2b56.1x2.1x4.1x
Fri, 14 Nov 2025SEK 4.2bSEK 1.2bSEK 2.2b42.4x1.9x3.4x
Sun, 12 Oct 2025SEK 4.1bSEK 1.2bSEK 2.2b7.7x1.9x3.5x
Tue, 09 Sep 2025SEK 4.3bSEK 1.2bSEK 2.2b8.3x1.9x3.6x
Thu, 07 Aug 2025SEK 4.2bSEK 1.3bSEK 2.2b8.1x1.9x3.3x
Sat, 05 Jul 2025SEK 6.0bSEK 1.3bSEK 2.4b6.4x2.5x4.5x
Mon, 02 Jun 2025SEK 5.3bSEK 1.3bSEK 2.5b6.2x2.2x4.1x
Wed, 30 Apr 2025SEK 5.8bSEK 1.5bSEK 2.5b4.6x2.3x3.8x
Fri, 28 Mar 2025SEK 5.7bSEK 1.5bSEK 2.5b4.5x2.3x3.8x
Sun, 23 Feb 2025SEK 6.1bSEK 1.5bSEK 64.7m24.8x94.8x4.1x
Tue, 21 Jan 2025SEK 6.3bSEK 1.6bSEK 271.8m39.3x23.1x4x
Thu, 19 Dec 2024SEK 6.3bSEK 1.6bSEK 271.9m38.3x23x4x
Sat, 16 Nov 2024SEK 6.2bSEK 1.5bSEK 283.5m30.8x21.9x4x
Mon, 14 Oct 2024SEK 6.5bSEK 1.5bSEK 296.1m30x21.8x4.2x
Wed, 11 Sep 2024SEK 6.4bSEK 1.5bSEK 295.4m25.6x21.5x4.1x
Fri, 09 Aug 2024SEK 6.5bSEK 1.4bSEK 86.0m18x76.1x4.6x
Sun, 07 Jul 2024SEK 6.6bSEK 1.4bSEK 94.2m18x70.2x4.6x
Tue, 04 Jun 2024SEK 6.8bSEK 1.4bSEK 94.3m17.4x72.3x4.7x
Thu, 02 May 2024SEK 6.0bSEK 1.4bSEK 101.9m16.4x59.3x4.2x
Sat, 30 Mar 2024SEK 5.3bSEK 1.4bSEK 104.2m11.9x51.2x3.8x
Mon, 26 Feb 2024SEK 5.3bSEK 1.4bSEK 111.0m11.2x47.8x3.7x
Wed, 24 Jan 2024SEK 6.6bSEK 1.5b-SEK 94,152,562.0013.6x-69.7x4.5x
Fri, 22 Dec 2023SEK 7.1bSEK 1.5b-SEK 90,024,461.0013.4x-78.5x4.8x
Sun, 19 Nov 2023SEK 6.3bSEK 1.5b-SEK 95,790,613.0014.3x-65.6x4.2x
Tue, 17 Oct 2023SEK 6.5bSEK 2.3bSEK 681.6m14.8x9.6x2.8x
Thu, 14 Sep 2023SEK 7.1bSEK 2.3bSEK 678.7m15.4x10.4x3.1x
Sat, 12 Aug 2023SEK 7.9bSEK 2.3bSEK 681.6m14.6x11.5x3.4x
Mon, 10 Jul 2023SEK 8.1bSEK 2.1bSEK 1.1b12.2x7.2x3.7x
Wed, 07 Jun 2023SEK 8.5bSEK 2.1bSEK 1.1b13x7.6x3.9x
Fri, 05 May 2023SEK 8.4bSEK 2.0bSEK 1.1b14x7.8x4.3x
Sun, 02 Apr 2023SEK 9.4bSEK 2.0bSEK 1.1b15.3x8.7x4.8x
Tue, 28 Feb 2023SEK 9.6bSEK 2.0bSEK 1.1b14.9x8.4x4.9x
Price to Earnings Ratio

8.4x


Total Market Cap: SEK 9.6bTotal Earnings: SEK 1.1bTotal Revenue: SEK 2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Utilities Sector Price to Earnings3Y Average 13.1x202420252026
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 industry is trading at a PE ratio of 1.5x which is lower than its 3-year average PE of 13.1x.
  • The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 26% per year over the last three years.
  • Meanwhile revenues for these companies have declined 30% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

SE Market1.64%
Utilities6.70%
Water Utilities16.86%
Renewable Energy10.61%
Electric Utilities-0.22%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 15.2x.
    • Analysts are expecting annual earnings decline of 107.3%, which is lower than the prior year's growth of 3,911.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 34% over the next 5 years.
  • In contrast, the Electric Utilities industry is expected to see its earnings decline by 107% 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
ORRON Orrön EnergySEK 6.9411.7%
+SEK 207.3m		13.9%PS6.3x
AXOLOT Axolot Solutions HoldingSEK 0.4016.9%
+SEK 16.8m		24.2%PS11x

Latest News

ORRON
SEK 6.94
Orrön Energy
7D
11.7%
1Y
13.9%
GIGA
SEK 2.38
Gigasun
7D
-2.9%
1Y
-15.9%
AXOLOT
SEK 0.40
Axolot Solutions Holding
7D
16.9%
1Y
24.2%
SIVI
SEK 89.00
Siljansvik
7D
-0.2%
1Y
-16.8%