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Swedish (OMX) Market Analysis & Valuation

UpdatedFeb 11, 2025
DataAggregated Company Financials
Companies871
  • 7D1.2%
  • 3M6.0%
  • 1Y12.7%
  • YTD5.9%

The Financials and Industrials sectors drove a 1.2% in the market over the last week. The market is up 13% over the last 12 months. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Feb 2025SEK 11.6tSEK 5.9tSEK 524.2b23.3x22.1x2x
Thu, 09 Jan 2025SEK 10.9tSEK 6.0tSEK 588.1b23x18.5x1.8x
Sat, 07 Dec 2024SEK 11.2tSEK 6.0tSEK 588.9b23.2x19.1x1.9x
Mon, 04 Nov 2024SEK 10.9tSEK 5.9tSEK 573.6b23.1x19.1x1.8x
Wed, 02 Oct 2024SEK 11.8tSEK 6.1tSEK 552.7b23.4x21.4x1.9x
Fri, 30 Aug 2024SEK 11.7tSEK 6.1tSEK 547.8b23.2x21.3x1.9x
Sun, 28 Jul 2024SEK 11.6tSEK 6.1tSEK 544.0b23.2x21.4x1.9x
Tue, 25 Jun 2024SEK 11.5tSEK 6.0tSEK 511.5b23x22.5x1.9x
Thu, 23 May 2024SEK 11.7tSEK 6.1tSEK 531.6b23x22.1x1.9x
Sat, 20 Apr 2024SEK 11.1tSEK 6.0tSEK 562.6b21.8x19.6x1.8x
Mon, 18 Mar 2024SEK 11.2tSEK 6.0tSEK 514.3b21.1x21.9x1.9x
Wed, 14 Feb 2024SEK 10.6tSEK 6.0tSEK 485.3b21.9x21.7x1.8x
Fri, 12 Jan 2024SEK 10.3tSEK 6.0tSEK 440.9b22.2x23.3x1.7x
Sun, 10 Dec 2023SEK 10.1tSEK 6.0tSEK 442.1b20.5x22.8x1.7x
Tue, 07 Nov 2023SEK 9.2tSEK 6.0tSEK 447.0b18.5x20.6x1.5x
Thu, 05 Oct 2023SEK 9.2tSEK 6.0tSEK 489.7b17.5x18.8x1.5x
Sat, 02 Sep 2023SEK 9.5tSEK 6.0tSEK 489.6b18.7x19.3x1.6x
Mon, 31 Jul 2023SEK 9.8tSEK 5.9tSEK 484.4b19.6x20.3x1.7x
Wed, 28 Jun 2023SEK 9.7tSEK 5.7tSEK 411.8b18.9x23.7x1.7x
Fri, 26 May 2023SEK 9.8tSEK 5.6tSEK 400.2b19.5x24.5x1.7x
Sun, 23 Apr 2023SEK 10.0tSEK 5.5tSEK 438.7b20x22.8x1.8x
Tue, 21 Mar 2023SEK 8.6tSEK 5.3tSEK 402.4b18.6x21.4x1.6x
Thu, 16 Feb 2023SEK 9.2tSEK 5.3tSEK 442.1b19x20.9x1.8x
Sat, 14 Jan 2023SEK 9.7tSEK 5.1tSEK 505.7b16.9x19.2x1.9x
Mon, 12 Dec 2022SEK 9.4tSEK 5.1tSEK 510.8b16.2x18.5x1.9x
Wed, 09 Nov 2022SEK 9.0tSEK 5.1tSEK 509.0b15.7x17.6x1.8x
Fri, 07 Oct 2022SEK 8.5tSEK 4.9tSEK 569.2b14.9x14.8x1.7x
Sun, 04 Sep 2022SEK 8.9tSEK 4.8tSEK 573.2b16.3x15.6x1.8x
Tue, 02 Aug 2022SEK 9.6tSEK 4.8tSEK 561.8b17x17.1x2x
Thu, 30 Jun 2022SEK 8.9tSEK 4.7tSEK 663.5b15.9x13.4x1.9x
Sat, 28 May 2022SEK 9.8tSEK 4.5tSEK 633.0b17.8x15.5x2.2x
Mon, 25 Apr 2022SEK 10.5tSEK 4.6tSEK 627.0b19.8x16.8x2.3x
Wed, 23 Mar 2022SEK 11.3tSEK 4.9tSEK 826.4b20.1x13.6x2.3x
Fri, 18 Feb 2022SEK 11.3tSEK 4.9tSEK 802.7b21.9x14x2.3x
Price to Earnings Ratio

14x


Total Market Cap: SEK 11.3tTotal Earnings: SEK 802.7bTotal Revenue: SEK 4.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 19.5x202320242025
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 22.1x which is higher than its 3-year average PE of 19.5x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.8% 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 Market1.21%
Materials3.34%
Financials2.24%
Industrials1.32%
Real Estate1.02%
Tech0.29%
Healthcare0.23%
Consumer Discretionary0.20%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Consumer Staples-0.53%
Energy-1.40%
Utilities-1.45%
Telecom-1.96%
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 36.0%, which is higher than its past year's earnings growth of 32.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 84% over the next 5 years.
  • This is better than its past earnings decline of 87% per year.
  • In contrast, the Financials sector is expected to see its earnings decline by 14% 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
INVE A InvestorSEK 312.001.8%
+SEK 16.8b		25.7%PE8.4xFinancials
BOL BolidenSEK 380.9015.2%
+SEK 13.7b		41.8%PE10.4xMaterials
ATCO A Atlas CopcoSEK 185.501.4%
+SEK 12.2b		8.3%PE30.3xIndustrials
SEB A Skandinaviska Enskilda BankenSEK 160.653.7%
+SEK 11.5b		7.9%PB1.4xFinancials
SKA B SkanskaSEK 258.8010.7%
+SEK 10.4b		38.8%PE19.2xIndustrials
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SKA B

SEK 258.80

Skanska

7D

10.7%

1Y

38.8%

Skanska AB (publ) (STO:SKA B) Just Released Its Annual Earnings: Here's What Analysts Think

Feb 11
Skanska AB (publ) (STO:SKA B) Just Released Its Annual Earnings: Here's What Analysts Think

BOL

SEK 380.90

Boliden

7D

15.2%

1Y

41.8%

Boliden AB (publ) (STO:BOL) Yearly Results: Here's What Analysts Are Forecasting For This Year

Feb 10
Boliden AB (publ) (STO:BOL) Yearly Results: Here's What Analysts Are Forecasting For This Year

VOLCAR B

SEK 21.26

Volvo Car AB (publ.)

7D

-11.3%

1Y

-43.7%

Volvo Car AB (publ.) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 09
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ASSA B

SEK 327.20

ASSA ABLOY

7D

-1.4%

1Y

14.2%

ASSA ABLOY (STO:ASSA B) Is Increasing Its Dividend To SEK2.95

Feb 09
ASSA ABLOY (STO:ASSA B) Is Increasing Its Dividend To SEK2.95

AAK

SEK 305.40

AAK AB (publ.)

7D

-5.6%

1Y

29.2%

ALFA

SEK 467.80

Alfa Laval

7D

-4.1%

1Y

24.0%

SAAB B

SEK 218.10

Saab

7D

-10.4%

1Y

14.2%

HEXA B

SEK 126.15

Hexagon

7D

-1.9%

1Y

7.5%

SECU B

SEK 157.20

Securitas

7D

12.1%

1Y

47.6%

ATCO A

SEK 185.50

Atlas Copco

7D

1.4%

1Y

8.3%

EVO

SEK 806.00

Evolution

7D

-3.5%

1Y

-38.4%

EMBRAC B

SEK 148.10

Embracer Group

7D

-35.6%

1Y

16.2%

SWED A

SEK 247.40

Swedbank

7D

3.8%

1Y

15.5%

VOLV B

SEK 312.50

AB Volvo

7D

1.6%

1Y

18.7%

AB Volvo (STO:VOLV B) Is Paying Out A Larger Dividend Than Last Year

Feb 03
AB Volvo (STO:VOLV B) Is Paying Out A Larger Dividend Than Last Year

SEB A

SEK 160.65

Skandinaviska Enskilda Banken

7D

3.7%

1Y

7.9%

Skandinaviska Enskilda Banken (STO:SEB A) Is Due To Pay A Dividend Of SEK11.50

Feb 03
Skandinaviska Enskilda Banken (STO:SEB A) Is Due To Pay A Dividend Of SEK11.50

INVE A

SEK 312.00

Investor

7D

1.8%

1Y

25.7%

Investor (STO:INVE A) Is Increasing Its Dividend To SEK3.75

Jan 30
Investor (STO:INVE A) Is Increasing Its Dividend To SEK3.75