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Swedish (OMX) Market Analysis & Valuation

UpdatedJun 18, 2026
DataAggregated Company Financials
Companies785
  • 7D2.1%
  • 3M7.1%
  • 1Y14.2%
  • YTD3.1%

The market is up 1.7% over the last week, with the Industrials sector leading the way, up 2.7%. The market is up 14% over the last 12 months. As for the next few years, earnings are expected to grow by 8.6% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Jun 2026SEK 12.2tSEK 5.8tSEK 693.2b20x17.6x2.1x
Sat, 16 May 2026SEK 11.9tSEK 5.8tSEK 701.9b20.5x16.9x2x
Mon, 13 Apr 2026SEK 12.1tSEK 5.8tSEK 650.5b20.9x18.6x2.1x
Wed, 11 Mar 2026SEK 12.0tSEK 5.8tSEK 648.0b21x18.5x2.1x
Fri, 06 Feb 2026SEK 12.2tSEK 5.8tSEK 632.0b22x19.3x2.1x
Sun, 04 Jan 2026SEK 11.8tSEK 5.8tSEK 547.2b22.4x21.5x2x
Tue, 02 Dec 2025SEK 11.5tSEK 5.8tSEK 547.0b22.2x21x2x
Thu, 30 Oct 2025SEK 11.6tSEK 5.8tSEK 536.6b23.2x21.6x2x
Sat, 27 Sep 2025SEK 11.0tSEK 5.8tSEK 483.0b22.6x22.9x1.9x
Mon, 25 Aug 2025SEK 11.3tSEK 5.8tSEK 478.0b23.7x23.7x2x
Wed, 23 Jul 2025SEK 11.0tSEK 5.7tSEK 471.4b23.3x23.3x1.9x
Fri, 20 Jun 2025SEK 10.6tSEK 5.8tSEK 496.6b22.3x21.3x1.8x
Sun, 18 May 2025SEK 11.1tSEK 5.8tSEK 467.6b22.4x23.6x1.9x
Tue, 15 Apr 2025SEK 10.1tSEK 5.9tSEK 536.9b20.9x18.9x1.7x
Thu, 13 Mar 2025SEK 11.2tSEK 5.9tSEK 548.6b21.9x20.5x1.9x
Sat, 08 Feb 2025SEK 11.5tSEK 5.9tSEK 524.1b23.3x21.9x1.9x
Mon, 06 Jan 2025SEK 10.9tSEK 6.0tSEK 588.0b23.3x18.5x1.8x
Wed, 04 Dec 2024SEK 11.0tSEK 6.0tSEK 588.4b22.8x18.7x1.8x
Fri, 01 Nov 2024SEK 11.0tSEK 5.9tSEK 571.7b23.2x19.3x1.9x
Sun, 29 Sep 2024SEK 12.0tSEK 6.1tSEK 552.2b23.9x21.7x2x
Tue, 27 Aug 2024SEK 11.6tSEK 6.1tSEK 549.2b23.4x21.2x1.9x
Thu, 25 Jul 2024SEK 11.6tSEK 6.1tSEK 545.5b23.1x21.3x1.9x
Sat, 22 Jun 2024SEK 11.4tSEK 6.0tSEK 511.5b23x22.4x1.9x
Mon, 20 May 2024SEK 11.6tSEK 6.1tSEK 531.7b22.7x21.8x1.9x
Wed, 17 Apr 2024SEK 11.2tSEK 6.0tSEK 523.3b22.2x21.4x1.9x
Fri, 15 Mar 2024SEK 11.2tSEK 6.0tSEK 513.9b20.8x21.8x1.9x
Sun, 11 Feb 2024SEK 10.5tSEK 6.0tSEK 499.9b21.3x21.1x1.8x
Tue, 09 Jan 2024SEK 10.4tSEK 6.0tSEK 440.7b22.4x23.6x1.7x
Thu, 07 Dec 2023SEK 10.0tSEK 6.0tSEK 442.0b20.4x22.7x1.7x
Sat, 04 Nov 2023SEK 9.2tSEK 6.0tSEK 448.6b18.4x20.5x1.5x
Mon, 02 Oct 2023SEK 9.3tSEK 6.0tSEK 489.3b17.8x19x1.6x
Wed, 30 Aug 2023SEK 9.4tSEK 6.0tSEK 488.7b18.3x19.3x1.6x
Fri, 28 Jul 2023SEK 9.8tSEK 5.9tSEK 483.4b19.6x20.3x1.7x
Sun, 25 Jun 2023SEK 9.8tSEK 5.7tSEK 411.6b18.9x23.7x1.7x
Price to Earnings Ratio

23.7x


Total Market Cap: SEK 9.8tTotal Earnings: SEK 411.6bTotal Revenue: SEK 5.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20.9x202420252026
Current Market PE
  • Investors are pessimistic on the Swedish market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 17.6x which is lower than its 3-year average PE of 20.9x.
Past Earnings Growth
  • The earnings for Swedish listed companies have grown 19% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Swedish Market?

SE Market2.14%
Materials6.20%
Industrials3.64%
Financials2.95%
Energy1.63%
Tech1.26%
Consumer Staples-0.76%
Consumer Discretionary-1.32%
Healthcare-1.60%
Real Estate-2.18%
Telecom-3.17%
Utilities-3.42%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 26.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 14.9% which is higher than its past year's earnings decline of 15.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 104% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the Financials sector is expected to see its earnings decline by 6.8% 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
ATCO A Atlas CopcoSEK 193.457.9%
+SEK 68.8b		29.4%PE36.2xIndustrials
SAND SandvikSEK 397.309.0%
+SEK 41.1b		88.8%PE33.6xIndustrials
INVE A InvestorSEK 380.302.2%
+SEK 24.8b		38.0%PE6.1xFinancials
VOLV B AB VolvoSEK 319.003.9%
+SEK 24.4b		23.6%PE19.7xIndustrials
BOL BolidenSEK 584.0016.2%
+SEK 23.2b		100.8%PE15xMaterials
See more

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