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Swedish (OMX) Market Analysis & Valuation

UpdatedMay 19, 2025
DataAggregated Company Financials
Companies865
  • 7D0.4%
  • 3M-8.0%
  • 1Y-3.6%
  • YTD0.5%

The market is up 3.3% over the last week, with the Industrials sector leading the way, up 3.9%. The market has been flat overall in the last year. As for the next few years, earnings are expected to grow by 16% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 May 2025SEK 11.1tSEK 5.8tSEK 467.7b22.5x23.6x1.9x
Wed, 16 Apr 2025SEK 10.4tSEK 5.9tSEK 539.5b20.8x19.2x1.8x
Fri, 14 Mar 2025SEK 11.2tSEK 5.9tSEK 547.3b21.8x20.5x1.9x
Sun, 09 Feb 2025SEK 11.5tSEK 5.9tSEK 524.3b23.2x21.9x1.9x
Tue, 07 Jan 2025SEK 10.9tSEK 6.0tSEK 588.0b23.3x18.5x1.8x
Thu, 05 Dec 2024SEK 11.1tSEK 6.0tSEK 588.1b22.9x18.9x1.9x
Sat, 02 Nov 2024SEK 10.9tSEK 6.0tSEK 573.6b23.2x19.1x1.8x
Mon, 30 Sep 2024SEK 12.0tSEK 6.1tSEK 552.2b23.9x21.7x2x
Wed, 28 Aug 2024SEK 11.6tSEK 6.1tSEK 549.4b23x21.1x1.9x
Fri, 26 Jul 2024SEK 11.6tSEK 6.1tSEK 544.6b22.9x21.3x1.9x
Sun, 23 Jun 2024SEK 11.4tSEK 6.0tSEK 511.5b23x22.4x1.9x
Tue, 21 May 2024SEK 11.7tSEK 6.1tSEK 531.5b23x22.1x1.9x
Thu, 18 Apr 2024SEK 11.0tSEK 6.0tSEK 525.7b21.9x21x1.8x
Sat, 16 Mar 2024SEK 11.2tSEK 6.0tSEK 514.2b21.1x21.9x1.9x
Mon, 12 Feb 2024SEK 10.5tSEK 6.0tSEK 499.9b21.3x21.1x1.8x
Wed, 10 Jan 2024SEK 10.3tSEK 6.0tSEK 440.7b22.5x23.5x1.7x
Fri, 08 Dec 2023SEK 10.0tSEK 6.0tSEK 441.6b20.4x22.7x1.7x
Sun, 05 Nov 2023SEK 9.2tSEK 6.0tSEK 446.9b18.5x20.6x1.5x
Tue, 03 Oct 2023SEK 9.3tSEK 6.0tSEK 489.5b17.9x18.9x1.6x
Thu, 31 Aug 2023SEK 9.4tSEK 5.9tSEK 489.3b18.5x19.2x1.6x
Sat, 29 Jul 2023SEK 9.8tSEK 5.9tSEK 484.1b19.6x20.3x1.7x
Mon, 26 Jun 2023SEK 9.8tSEK 5.7tSEK 411.6b18.9x23.7x1.7x
Wed, 24 May 2023SEK 10.0tSEK 5.6tSEK 399.8b19.8x25.1x1.8x
Fri, 21 Apr 2023SEK 9.4tSEK 5.4tSEK 413.8b19.9x22.7x1.7x
Sun, 19 Mar 2023SEK 8.0tSEK 5.2tSEK 366.8b19.6x21.9x1.5x
Tue, 14 Feb 2023SEK 9.2tSEK 5.3tSEK 451.1b18.7x20.5x1.8x
Thu, 12 Jan 2023SEK 9.6tSEK 5.1tSEK 505.8b16.5x19x1.9x
Sat, 10 Dec 2022SEK 9.4tSEK 5.1tSEK 511.3b16.2x18.5x1.9x
Mon, 07 Nov 2022SEK 8.9tSEK 5.1tSEK 509.0b15.6x17.4x1.8x
Wed, 05 Oct 2022SEK 8.6tSEK 4.9tSEK 568.8b15.1x15.2x1.8x
Fri, 02 Sep 2022SEK 8.7tSEK 4.8tSEK 573.5b16.2x15.2x1.8x
Sun, 31 Jul 2022SEK 9.7tSEK 4.8tSEK 561.9b17.1x17.3x2x
Tue, 28 Jun 2022SEK 9.0tSEK 4.7tSEK 663.1b15.7x13.6x1.9x
Thu, 26 May 2022SEK 9.7tSEK 4.7tSEK 656.0b17.1x14.8x2x
Price to Earnings Ratio

14.8x


Total Market Cap: SEK 9.7tTotal Earnings: SEK 656.0bTotal Revenue: SEK 4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20.1x202320242025
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 23.6x which is higher than its 3-year average PE of 20.1x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.3% 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 Market0.42%
Utilities1.84%
Real Estate1.38%
Healthcare1.01%
Consumer Discretionary0.89%
Consumer Staples0.84%
Telecom0.63%
Financials0.49%
Industrials0.24%
Tech-0.083%
Materials-0.68%
Energy-3.01%
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 28.4%, which is higher than its past year's earnings growth of 15.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 100% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 32% 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 164.651.5%
+SEK 11.7b		-17.7%PE27.4xIndustrials
SAAB B SaabSEK 448.903.5%
+SEK 8.2b		85.6%PE51.5xIndustrials
SEB A Skandinaviska Enskilda BankenSEK 161.301.5%
+SEK 4.8b		5.6%PB1.4xFinancials
TELIA Telia CompanySEK 36.323.3%
+SEK 4.5b		35.3%PE28.8xTelecom
SWED A SwedbankSEK 254.301.6%
+SEK 4.5b		16.1%PB1.4xFinancials
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