Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swedish (OMX) Renewable Energy Industry Analysis

UpdatedJan 23, 2026
DataAggregated Company Financials
Companies2
  • 7D1.3%
  • 3M14.2%
  • 1Y-26.3%
  • YTD5.8%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Gigasun gained 6.3%. As for the longer term, the industry has declined 28% in the last year. Looking forward, earnings are forecast to grow by 42% annually.

Industry Valuation and Performance

Has the Swedish Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 Jan 2026SEK 1.6bSEK 490.4m-SEK 342,574,355.10n/a-4.7x3.2x
Sun, 21 Dec 2025SEK 3.4bSEK 987.4m-SEK 334,497,373.02111.5x-10x3.4x
Tue, 18 Nov 2025SEK 2.7bSEK 1.0b-SEK 337,985,129.4481.2x-8x2.7x
Thu, 16 Oct 2025SEK 2.8bSEK 954.7m-SEK 311,273,697.3914.7x-8.9x2.9x
Sat, 13 Sep 2025SEK 2.8bSEK 952.6m-SEK 308,214,835.5815.2x-9x2.9x
Mon, 11 Aug 2025SEK 2.8bSEK 950.4m-SEK 319,053,036.9115.6x-8.8x3x
Wed, 09 Jul 2025SEK 2.9bSEK 1.0b-SEK 90,595,471.2811.7x-32x2.9x
Fri, 06 Jun 2025SEK 2.9bSEK 1.0b-SEK 87,303,487.1312.3x-32.9x2.9x
Sun, 04 May 2025SEK 2.9bSEK 1.0b-SEK 63,238,518.9412x-46.6x2.9x
Tue, 01 Apr 2025SEK 2.9bSEK 1.1bSEK 2.4m7.7x1224.8x2.7x
Thu, 27 Feb 2025SEK 3.6bSEK 1.1b-SEK 1,486,281.338.9x-2393.3x3.2x
Sat, 25 Jan 2025SEK 3.7bSEK 1.1bSEK 227.9m74.8x16.4x3.3x
Mon, 23 Dec 2024SEK 3.6bSEK 1.1bSEK 228.0m72.1x15.7x3.2x
Wed, 20 Nov 2024SEK 3.7bSEK 1.1bSEK 226.4m70.9x16.3x3.3x
Fri, 18 Oct 2024SEK 3.9bSEK 1.1bSEK 237.0m24.1x16.5x3.5x
Sun, 15 Sep 2024SEK 4.6bSEK 1.1bSEK 236.6m29.1x19.4x4.1x
Tue, 13 Aug 2024SEK 5.0bSEK 1.1bSEK 193.1m30.9x25.8x4.4x
Thu, 11 Jul 2024SEK 4.6bSEK 1.0bSEK 34.2m10.4x135.7x4.6x
Sat, 08 Jun 2024SEK 4.8bSEK 1.0bSEK 34.5m10.6x138.6x4.7x
Mon, 06 May 2024SEK 3.9bSEK 1.0bSEK 36.7m8x106.4x3.9x
Wed, 03 Apr 2024SEK 4.0bSEK 1.0bSEK 37.4m8.1x105.9x3.9x
Fri, 01 Mar 2024SEK 4.1bSEK 999.6mSEK 40.2m9.2x101.7x4.1x
Sun, 28 Jan 2024SEK 5.4bSEK 1.1b-SEK 162,490,867.0079.5x-33.4x5x
Tue, 26 Dec 2023SEK 5.9bSEK 1.1b-SEK 157,486,336.0079.9x-37.2x5.5x
Thu, 23 Nov 2023SEK 5.1bSEK 1.1b-SEK 163,631,386.0078.4x-30.9x4.5x
Sat, 21 Oct 2023SEK 5.0bSEK 1.9bSEK 616.6m74.7x8.2x2.6x
Mon, 18 Sep 2023SEK 5.9bSEK 1.9bSEK 614.4m74.8x9.5x3.1x
Wed, 16 Aug 2023SEK 6.2bSEK 1.9bSEK 615.0m74.8x10.1x3.2x
Fri, 14 Jul 2023SEK 6.7bSEK 1.8bSEK 1.0b10.1x6.5x3.8x
Sun, 11 Jun 2023SEK 7.2bSEK 1.8bSEK 1.0b11.3x7x4.1x
Tue, 09 May 2023SEK 7.2bSEK 1.6bSEK 1.0b11.5x6.9x4.4x
Thu, 06 Apr 2023SEK 8.2bSEK 1.6bSEK 1.0b13.5x8x5.1x
Sat, 04 Mar 2023SEK 7.8bSEK 1.6bSEK 1.1b13.9x7.2x4.9x
Mon, 30 Jan 2023SEK 9.8bSEK 1.4bSEK 1.0b18.5x9.4x7.1x
Price to Earnings Ratio

9.4x


Total Market Cap: SEK 9.8bTotal Earnings: SEK 1.0bTotal Revenue: SEK 1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Renewable Energy Industry Price to Earnings3Y Average 88.5x202420252026
Current Industry PE
    There are only 2 companies in the Swedish Renewable Energy industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 29% per year, which is driving profits down.

Industry Trends

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

SE Market-1.41%
Utilities0.17%
Renewable Energy1.29%
Renewable Energy1.29%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 42% over the next 5 years.
    • In contrast, the Renewable Energy industry is expected to see its earnings grow by 42% 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
    		GIGA GigasunSEK 2.619.7%
    +SEK 13.2m    		-4.7%PS0.7x
    		ORRON Orrön EnergySEK 5.050.5%
    +SEK 7.1m    		-28.0%PS5x

    Latest News

    ARISE
    SEK 44.60
    Arise
    7D
    -0.7%
    1Y
    15.8%
    ORRON
    SEK 5.05
    Orrön Energy
    7D
    0.5%
    1Y
    -28.0%

    ORRON: UK And German Project Progress Will Support Stronger Earnings Multiple

    Analysts have kept their price target for Orrön Energy steady, citing essentially unchanged estimates for fair value, revenue growth, profit margin, and future P/E, along with only a small adjustment to the discount rate. What's in the News Orrön Energy reports progress across its greenfield platform, with grid connections secured in the UK for six large scale projects with an estimated combined capacity of 2.9 GW, spanning three solar projects of 1.8 GW and three data centre projects of 1.1 GW (Client Announcements).
    GIGA
    SEK 2.61
    Gigasun
    7D
    9.7%
    1Y
    -4.7%

    Gigasun AB (publ) (STO:GIGA) Stock Rockets 27% But Many Are Still Ignoring The Company

    Nov 16
    Gigasun AB (publ) (STO:GIGA) Stock Rockets 27% But Many Are Still Ignoring The Company