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Swedish (OMX) Market Analysis & Valuation

UpdatedAug 06, 2024
DataAggregated Company Financials
Companies886
  • 7D-6.7%
  • 3M-5.0%
  • 1Y9.9%
  • YTD1.3%

Over the last 7 days, the market has dropped 6.7%, driven by pullbacks in every sector, especially the Industrials sector. In contrast to the last week, the market is actually up 9.9% over the past year. Earnings are forecast to grow by 16% annually.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Aug 2024SEK 10.9tSEK 6.1tSEK 543.8b22x20x1.8x
Thu, 04 Jul 2024SEK 11.5tSEK 6.1tSEK 513.5b22.5x22.3x1.9x
Sat, 01 Jun 2024SEK 11.6tSEK 6.0tSEK 512.2b23.3x22.6x1.9x
Mon, 29 Apr 2024SEK 11.1tSEK 6.1tSEK 559.8b21.7x19.9x1.8x
Wed, 27 Mar 2024SEK 11.4tSEK 6.0tSEK 515.6b21.6x22.1x1.9x
Fri, 23 Feb 2024SEK 10.8tSEK 6.0tSEK 479.1b21.3x22.6x1.8x
Sun, 21 Jan 2024SEK 10.1tSEK 6.1tSEK 452.7b21.4x22.2x1.7x
Tue, 19 Dec 2023SEK 10.5tSEK 6.0tSEK 441.2b21x23.8x1.7x
Thu, 16 Nov 2023SEK 9.6tSEK 6.0tSEK 446.9b20x21.5x1.6x
Sat, 14 Oct 2023SEK 9.3tSEK 6.0tSEK 493.1b17.5x18.9x1.6x
Mon, 11 Sep 2023SEK 9.4tSEK 6.0tSEK 489.3b18.4x19.1x1.6x
Wed, 09 Aug 2023SEK 9.6tSEK 5.9tSEK 489.0b19.4x19.6x1.6x
Fri, 07 Jul 2023SEK 9.6tSEK 5.7tSEK 415.6b18.8x23x1.7x
Sun, 04 Jun 2023SEK 10.1tSEK 5.6tSEK 411.1b19.3x24.5x1.8x
Tue, 02 May 2023SEK 10.2tSEK 5.6tSEK 425.4b20x23.9x1.8x
Thu, 30 Mar 2023SEK 8.7tSEK 5.3tSEK 402.6b19x21.6x1.6x
Sat, 25 Feb 2023SEK 9.0tSEK 5.3tSEK 410.4b18.9x22x1.7x
Mon, 23 Jan 2023SEK 9.6tSEK 5.1tSEK 498.3b17.1x19.3x1.9x
Wed, 21 Dec 2022SEK 9.0tSEK 5.1tSEK 511.1b15.6x17.7x1.8x
Fri, 18 Nov 2022SEK 9.2tSEK 5.1tSEK 511.9b15.9x18x1.8x
Sun, 16 Oct 2022SEK 8.3tSEK 4.9tSEK 570.0b14.8x14.6x1.7x
Tue, 13 Sep 2022SEK 9.2tSEK 4.8tSEK 572.9b16.5x16.1x1.9x
Thu, 11 Aug 2022SEK 9.6tSEK 4.8tSEK 572.5b16.7x16.8x2x
Sat, 09 Jul 2022SEK 9.2tSEK 4.7tSEK 667.4b16.4x13.8x2x
Mon, 06 Jun 2022SEK 10.2tSEK 4.7tSEK 661.9b17.9x15.4x2.2x
Wed, 04 May 2022SEK 10.0tSEK 4.7tSEK 664.1b19x15.1x2.1x
Fri, 01 Apr 2022SEK 11.0tSEK 4.9tSEK 828.2b19.6x13.3x2.3x
Sun, 27 Feb 2022SEK 10.8tSEK 4.9tSEK 827.4b20.1x13x2.2x
Tue, 25 Jan 2022SEK 11.2tSEK 4.8tSEK 754.0b21.2x14.9x2.3x
Thu, 23 Dec 2021SEK 12.4tSEK 4.7tSEK 674.5b23.2x18.4x2.7x
Sat, 20 Nov 2021SEK 12.8tSEK 4.7tSEK 672.2b24.9x19.1x2.7x
Mon, 18 Oct 2021SEK 11.7tSEK 4.3tSEK 653.6b23.6x17.9x2.7x
Wed, 15 Sep 2021SEK 11.7tSEK 4.3tSEK 664.2b23.9x17.6x2.7x
Fri, 13 Aug 2021SEK 12.0tSEK 4.3tSEK 666.0b23.5x18.1x2.8x
Price to Earnings Ratio

18.1x


Total Market Cap: SEK 12.0tTotal Earnings: SEK 666.0bTotal Revenue: SEK 4.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 19.1x202220232024
Current Market PE
  • Investors are relatively neutral on the Swedish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 19.1x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 6.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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 Market-6.69%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Consumer Staples-3.01%
Real Estate-3.95%
Consumer Discretionary-5.69%
Materials-5.84%
Healthcare-6.08%
Utilities-6.20%
Telecom-6.52%
Tech-6.55%
Industrials-6.71%
Financials-8.42%
Energy-9.03%
Sector PE
  • Investors favour the Utilities 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 37.1% which is higher than its past year's earnings decline of 43.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 66% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Financials sector is expected to see its earnings decline by 10% 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
SVED BTA B Svedbergs GroupSEK 36.302.8%
+SEK 676.2m
n/aPE13.8xIndustrials
SECU B SecuritasSEK 110.650.5%
+SEK 286.5m
25.0%PE41.8xIndustrials
ISOFOL Isofol MedicalSEK 2.6736.9%
+SEK 116.3m
325.2%PB3.8xHealthcare
IBT B Infant Bacterial TherapeuticsSEK 107.008.7%
+SEK 115.9m
16.6%PS20890.5xHealthcare
AUR Auriant MiningSEK 1.40211.1%
+SEK 93.8m
16.7%PE14.1xMaterials
See more
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Market Insights

This week we are wrapping up the series with a look at the industries and end-markets that buy all those chips and the underlying causes of industry earnings cycles...

Latest News

ATCO A

SEK 172.25

Atlas Copco

7D

-6.7%

1Y

17.3%

IMMNOV

SEK 2.41

Immunovia

7D

51.6%

1Y

90.1%

BIM

SEK 4.20

BIMobject

7D

6.3%

1Y

52.2%

AUR

SEK 1.40

Auriant Mining

7D

211.1%

1Y

16.7%

SECU B

SEK 110.65

Securitas

7D

0.5%

1Y

25.0%

ALZ

SEK 3.64

Alzinova

7D

41.1%

1Y

6.9%

SWED A

SEK 205.90

Swedbank

7D

-9.1%

1Y

6.7%

SEB A

SEK 147.75

Skandinaviska Enskilda Banken

7D

-9.6%

1Y

16.6%

VOLV B

SEK 251.80

AB Volvo

7D

-7.1%

1Y

9.4%

ISOFOL

SEK 2.67

Isofol Medical

7D

36.9%

1Y

325.2%

SVED BTA B

SEK 36.30

Svedbergs Group

7D

2.8%

1Y

n/a