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Swedish (OMX) Market Analysis & Valuation

UpdatedAug 22, 2025
DataAggregated Company Financials
Companies804
  • 7D0.7%
  • 3M4.9%
  • 1Y-0.07%
  • YTD1.8%

In the last week, the market has stayed flat, however the Energy sector stood out, gaining 61%. Similarly, the market is flat for the past 12 months. Earnings are forecast to grow by 17% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

Has the Swedish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Aug 2025SEK 11.1tSEK 5.7tSEK 474.8b23.4x23.4x1.9x
Sun, 20 Jul 2025SEK 11.0tSEK 5.7tSEK 476.3b23.3x23.2x1.9x
Tue, 17 Jun 2025SEK 10.8tSEK 5.8tSEK 496.1b22.9x21.7x1.8x
Thu, 15 May 2025SEK 11.0tSEK 5.8tSEK 471.5b22.2x23.3x1.9x
Sat, 12 Apr 2025SEK 9.9tSEK 5.9tSEK 536.9b20.3x18.4x1.7x
Mon, 10 Mar 2025SEK 11.5tSEK 5.9tSEK 548.0b22.3x21x2x
Wed, 05 Feb 2025SEK 11.4tSEK 5.9tSEK 512.3b23.2x22.3x1.9x
Fri, 03 Jan 2025SEK 10.9tSEK 6.0tSEK 587.9b23.5x18.5x1.8x
Sun, 01 Dec 2024SEK 10.9tSEK 6.0tSEK 589.8b22.9x18.4x1.8x
Tue, 29 Oct 2024SEK 11.2tSEK 5.9tSEK 572.3b23.4x19.6x1.9x
Thu, 26 Sep 2024SEK 11.8tSEK 6.1tSEK 554.1b23.5x21.3x1.9x
Sat, 24 Aug 2024SEK 11.6tSEK 6.1tSEK 548.7b23.1x21.1x1.9x
Mon, 22 Jul 2024SEK 11.6tSEK 6.1tSEK 546.7b23.3x21.3x1.9x
Wed, 19 Jun 2024SEK 11.4tSEK 6.0tSEK 511.1b23.1x22.2x1.9x
Fri, 17 May 2024SEK 11.6tSEK 6.1tSEK 533.9b22.8x21.8x1.9x
Sun, 14 Apr 2024SEK 11.1tSEK 6.0tSEK 523.3b21.9x21.3x1.8x
Tue, 12 Mar 2024SEK 11.1tSEK 6.0tSEK 513.3b20.6x21.5x1.8x
Thu, 08 Feb 2024SEK 10.5tSEK 6.0tSEK 508.6b21.6x20.7x1.8x
Sat, 06 Jan 2024SEK 10.3tSEK 6.0tSEK 440.8b22x23.4x1.7x
Mon, 04 Dec 2023SEK 9.8tSEK 6.0tSEK 442.0b20.4x22.2x1.6x
Wed, 01 Nov 2023SEK 8.9tSEK 6.0tSEK 450.9b17.8x19.8x1.5x
Fri, 29 Sep 2023SEK 9.2tSEK 6.0tSEK 489.3b17.4x18.7x1.5x
Sun, 27 Aug 2023SEK 9.2tSEK 6.0tSEK 489.8b18.5x18.9x1.6x
Tue, 25 Jul 2023SEK 9.8tSEK 5.9tSEK 483.6b19.4x20.2x1.7x
Thu, 22 Jun 2023SEK 9.8tSEK 5.7tSEK 412.1b19.1x23.9x1.7x
Sat, 20 May 2023SEK 10.1tSEK 5.6tSEK 400.9b19.5x25.2x1.8x
Mon, 17 Apr 2023SEK 9.3tSEK 5.3tSEK 409.8b19.9x22.7x1.7x
Wed, 15 Mar 2023SEK 8.9tSEK 5.3tSEK 403.0b19.1x22.1x1.7x
Fri, 10 Feb 2023SEK 9.3tSEK 5.2tSEK 462.8b17.6x20x1.8x
Sun, 08 Jan 2023SEK 9.3tSEK 5.1tSEK 505.3b16.2x18.4x1.8x
Tue, 06 Dec 2022SEK 9.5tSEK 5.1tSEK 502.4b16.7x19x1.9x
Thu, 03 Nov 2022SEK 8.8tSEK 5.1tSEK 515.4b15.4x17.2x1.7x
Sat, 01 Oct 2022SEK 8.3tSEK 4.9tSEK 569.5b14.4x14.5x1.7x
Mon, 29 Aug 2022SEK 9.0tSEK 4.8tSEK 572.7b16.6x15.8x1.9x
Price to Earnings Ratio

15.8x


Total Market Cap: SEK 9.0tTotal Earnings: SEK 572.7bTotal Revenue: SEK 4.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20.7x202320242025
Current Market PE
  • Investors are optimistic on the Swedish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 23.4x which is higher than its 3-year average PE of 20.7x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 6.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Swedish Market?

SE Market0.66%
Energy60.98%
Consumer Staples3.48%
Telecom2.88%
Utilities2.81%
Healthcare2.37%
Consumer Discretionary1.78%
Materials1.01%
Tech0.44%
Industrials0.35%
Financials-0.057%
Real Estate-0.062%
Sector PE
  • Investors favour the Healthcare sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 29.0%, which is higher than its past year's earnings growth of 9.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 9.0% per year.
  • In contrast, the Consumer Staples sector is expected to see its earnings grow by 9.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
EVO EvolutionSEK 855.003.8%
+SEK 6.2b		-19.5%PE12.8xConsumer Discretionary
ALFA Alfa LavalSEK 435.203.4%
+SEK 6.0b		-5.4%PE22.4xIndustrials
ESSITY B EssitySEK 254.303.1%
+SEK 5.1b		-15.7%PE14.2xConsumer Staples
SOBI Swedish Orphan BiovitrumSEK 286.005.1%
+SEK 4.8b		-6.2%PE22.5xHealthcare
AAK AAK AB (publ.)SEK 272.206.4%
+SEK 4.3b		-11.7%PE21xConsumer Staples
See more

Market Insights

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SEK 272.20
AAK AB (publ.)
7D
6.4%
1Y
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SAAB B
SEK 509.00
Saab
7D
-2.2%
1Y
114.9%
EPI A
SEK 196.45
Epiroc
7D
1.5%
1Y
0.9%
EQT
SEK 336.40
EQT
7D
-1.5%
1Y
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ALFA
SEK 435.20
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7D
3.4%
1Y
-5.4%

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ZZ B
SEK 203.00
Zinzino
7D
-17.1%
1Y
172.8%
ESSITY B
SEK 254.30
Essity
7D
3.1%
1Y
-15.7%
SKA B
SEK 238.90
Skanska
7D
-1.4%
1Y
17.1%
MTRS
SEK 131.90
Munters Group
7D
-5.5%
1Y
-37.6%
BEIJ B
SEK 168.25
Beijer Ref
7D
-1.3%
1Y
-1.0%
TELIA
SEK 35.91
Telia Company
7D
2.3%
1Y
15.8%

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Aug 07
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TEL2 B
SEK 165.30
Tele2
7D
3.3%
1Y
48.1%
SOBI
SEK 286.00
Swedish Orphan Biovitrum
7D
5.1%
1Y
-6.2%

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INDT
SEK 231.60
Indutrade
7D
-1.4%
1Y
-25.5%
SEB A
SEK 178.30
Skandinaviska Enskilda Banken
7D
-1.0%
1Y
16.1%

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EVO
SEK 855.00
Evolution
7D
3.8%
1Y
-19.5%