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Swedish (OMX) Market Analysis & Valuation

UpdatedJun 15, 2024
DataAggregated Company Financials
Companies883
  • 7D-2.1%
  • 3M1.1%
  • 1Y11.2%
  • YTD6.1%

Over the last 7 days, the market has dropped 2.1%, driven by a decline of 2.7% in the Industrials sector. In the last year, the market is actually up 11%. Looking forward, earnings are forecast to grow by 14% annually.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Jun 2024kr11.4tkr6.0tkr511.4b22.9x22.2x1.9x
Mon, 13 May 2024kr11.6tkr6.1tkr551.5b23x21x1.9x
Wed, 10 Apr 2024kr11.3tkr6.0tkr521.9b21.8x21.6x1.9x
Fri, 08 Mar 2024kr11.0tkr6.0tkr513.2b20.8x21.4x1.8x
Sun, 04 Feb 2024kr10.4tkr6.0tkr502.0b21.5x20.8x1.7x
Tue, 02 Jan 2024kr10.6tkr6.0tkr441.0b22.3x24x1.8x
Thu, 30 Nov 2023kr9.8tkr6.0tkr443.7b20x22x1.6x
Sat, 28 Oct 2023kr8.8tkr6.0tkr450.6b17.4x19.5x1.5x
Mon, 25 Sep 2023kr9.3tkr6.0tkr488.7b18.1x19.1x1.6x
Wed, 23 Aug 2023kr9.3tkr5.9tkr490.5b18.6x18.9x1.6x
Fri, 21 Jul 2023kr9.7tkr5.9tkr491.0b19.3x19.7x1.6x
Sun, 18 Jun 2023kr10.1tkr5.7tkr411.4b19.3x24.6x1.8x
Tue, 16 May 2023kr10.0tkr5.6tkr402.7b19.4x24.9x1.8x
Thu, 13 Apr 2023kr9.1tkr5.3tkr412.2b19.6x22.1x1.7x
Sat, 11 Mar 2023kr8.9tkr5.3tkr404.0b18.9x22.1x1.7x
Mon, 06 Feb 2023kr9.5tkr5.2tkr472.3b17.7x20.1x1.8x
Wed, 04 Jan 2023kr9.2tkr5.1tkr505.1b16.1x18.1x1.8x
Fri, 02 Dec 2022kr9.5tkr5.1tkr502.2b16.3x18.8x1.9x
Sun, 30 Oct 2022kr8.8tkr5.1tkr529.9b15.6x16.6x1.7x
Tue, 27 Sep 2022kr8.2tkr4.9tkr573.6b14.3x14.2x1.7x
Thu, 25 Aug 2022kr9.2tkr4.8tkr574.6b16.6x16x1.9x
Sat, 23 Jul 2022kr9.3tkr4.7tkr564.6b16.4x16.5x2x
Mon, 20 Jun 2022kr9.0tkr4.7tkr663.1b16.2x13.6x1.9x
Wed, 18 May 2022kr9.9tkr4.7tkr662.7b18.2x14.9x2.1x
Fri, 15 Apr 2022kr10.7tkr4.7tkr795.6b20x13.5x2.3x
Sun, 13 Mar 2022kr10.6tkr4.9tkr826.5b19.4x12.8x2.2x
Tue, 08 Feb 2022kr11.6tkr4.8tkr780.9b22.7x14.9x2.4x
Thu, 06 Jan 2022kr13.0tkr4.7tkr674.6b23.9x19.2x2.8x
Sat, 04 Dec 2021kr12.1tkr4.7tkr675.0b23.5x18x2.6x
Mon, 01 Nov 2021kr11.9tkr4.6tkr673.6b23.3x17.7x2.6x
Wed, 29 Sep 2021kr11.3tkr4.3tkr665.2b22.5x17x2.6x
Fri, 27 Aug 2021kr11.9tkr4.3tkr666.0b24.3x17.9x2.8x
Sat, 03 Jul 2021kr11.0tkr4.3tkr665.0b21.7x16.6x2.6x
Price to Earnings Ratio

16.6x


Total Market Cap: kr11.0tTotal Earnings: kr665.0bTotal Revenue: kr4.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 18.9x202220232024
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 22.2x which is higher than its 3-year average PE of 18.9x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 8.4% 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-2.15%
Consumer Staples0.61%
Financials-1.35%
Energy-1.62%
Real Estate-1.64%
Healthcare-2.20%
Tech-2.30%
Telecom-2.31%
Materials-2.44%
Industrials-2.67%
Consumer Discretionary-3.24%
Utilities-6.90%
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 36.2% which is higher than its past year's earnings decline of 42.1% 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 better than its past earnings decline of 23% per year.
  • In contrast, the Financials sector is expected to see its earnings decline by 11% 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
AAK AAK AB (publ.)kr309.005.0%
+kr3.8b		54.3%PE24.9xConsumer Staples
MYCR Mycronickr437.005.8%
+kr2.3b		68.7%PE31.9xTech
ADDT B Addtech AB (publ.)kr259.203.3%
+kr2.3b		10.5%PE42.8xIndustrials
HM B H & M Hennes & Mauritzkr188.600.7%
+kr2.3b		23.0%PE32.2xConsumer Discretionary
RUSTA Rustakr90.1014.3%
+kr1.7b		n/aPE33.5xConsumer Discretionary
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RUSTA

kr90.10

Rusta

7D

14.3%

1Y

n/a

ATCO A

kr200.20

Atlas Copco

7D

-2.1%

1Y

27.8%

Atlas Copco (STO:ATCO A) Has Announced A Dividend Of SEK1.40

Jun 14
Atlas Copco (STO:ATCO A) Has Announced A Dividend Of SEK1.40

SECT B

kr248.80

Sectra

7D

3.0%

1Y

31.3%

SKA B

kr187.55

Skanska

7D

1.9%

1Y

28.9%

ADDT B

kr259.20

Addtech AB (publ.)

7D

3.3%

1Y

10.5%

VOLV B

kr263.60

AB Volvo

7D

-4.2%

1Y

20.8%

AAK

kr309.00

AAK AB (publ.)

7D

5.0%

1Y

54.3%

Here's Why AAK AB (publ.) (STO:AAK) Has Caught The Eye Of Investors

Jun 06
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INVE A

kr282.60

Investor

7D

-1.6%

1Y

29.7%

SAND

kr215.70

Sandvik

7D

-4.0%

1Y

0.5%

Should You Investigate Sandvik AB (publ) (STO:SAND) At kr223?

Jun 05
Should You Investigate Sandvik AB (publ) (STO:SAND) At kr223?

HUSQ B

kr88.40

Husqvarna

7D

3.2%

1Y

-0.9%

SAAB B

kr241.00

Saab

7D

-11.5%

1Y

61.4%

HM B

kr188.60

H & M Hennes & Mauritz

7D

0.7%

1Y

23.0%

H & M Hennes & Mauritz AB (publ)'s (STO:HM B) Intrinsic Value Is Potentially 59% Above Its Share Price

Jun 03
H & M Hennes & Mauritz AB (publ)'s (STO:HM B) Intrinsic Value Is Potentially 59% Above Its Share Price

ERIC B

kr61.78

Telefonaktiebolaget LM Ericsson

7D

-6.7%

1Y

6.0%

VOLCAR B

kr32.20

Volvo Car AB (publ.)

7D

-9.8%

1Y

-28.4%

EVO

kr1,056.00

Evolution

7D

-6.5%

1Y

-26.2%

Evolution AB (publ)'s (STO:EVO) Intrinsic Value Is Potentially 70% Above Its Share Price

May 13
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MYCR

kr437.00

Mycronic

7D

5.8%

1Y

68.7%