Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Swedish (OMX) Market Analysis & Valuation

UpdatedNov 26, 2024
DataAggregated Company Financials
Companies872
  • 7D0.7%
  • 3M-2.9%
  • 1Y12.3%
  • YTD5.0%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Meanwhile, the market is actually up 12% over the past year. Earnings are forecast to grow by 15% annually.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Nov 2024SEK 10.8tSEK 6.0tSEK 586.8b21.8x18.3x1.8x
Thu, 24 Oct 2024SEK 11.1tSEK 5.9tSEK 555.6b23.6x20x1.9x
Sat, 21 Sep 2024SEK 11.7tSEK 6.1tSEK 554.2b23.7x21.2x1.9x
Mon, 19 Aug 2024SEK 11.4tSEK 6.1tSEK 548.2b23.1x20.8x1.9x
Wed, 17 Jul 2024SEK 11.8tSEK 6.1tSEK 502.6b23.3x23.4x1.9x
Fri, 14 Jun 2024SEK 11.7tSEK 6.0tSEK 511.3b23x22.9x1.9x
Sun, 12 May 2024SEK 11.6tSEK 6.1tSEK 551.5b22.9x21x1.9x
Tue, 09 Apr 2024SEK 11.3tSEK 6.0tSEK 517.3b21.7x21.9x1.9x
Thu, 07 Mar 2024SEK 10.9tSEK 6.0tSEK 513.1b21x21.3x1.8x
Sat, 03 Feb 2024SEK 10.4tSEK 6.0tSEK 502.0b21.5x20.8x1.7x
Mon, 01 Jan 2024SEK 10.6tSEK 6.0tSEK 441.0b22.3x24x1.8x
Wed, 29 Nov 2023SEK 9.7tSEK 6.0tSEK 443.5b19.7x21.8x1.6x
Fri, 27 Oct 2023SEK 8.8tSEK 6.0tSEK 451.7b17.3x19.5x1.5x
Sun, 24 Sep 2023SEK 9.3tSEK 6.0tSEK 488.7b18.1x19.1x1.6x
Tue, 22 Aug 2023SEK 9.3tSEK 5.9tSEK 489.9b18.4x19x1.6x
Thu, 20 Jul 2023SEK 9.7tSEK 5.9tSEK 507.7b19.3x19.2x1.7x
Sat, 17 Jun 2023SEK 10.1tSEK 5.7tSEK 411.4b19.3x24.6x1.8x
Mon, 15 May 2023SEK 10.0tSEK 5.6tSEK 402.9b19.4x24.7x1.8x
Wed, 12 Apr 2023SEK 9.1tSEK 5.3tSEK 420.9b19.5x21.6x1.7x
Fri, 10 Mar 2023SEK 9.1tSEK 5.3tSEK 403.3b19.2x22.7x1.7x
Sun, 05 Feb 2023SEK 9.5tSEK 5.2tSEK 477.7b17.9x19.9x1.8x
Tue, 03 Jan 2023SEK 9.3tSEK 5.1tSEK 511.5b15.7x18.1x1.8x
Thu, 01 Dec 2022SEK 9.3tSEK 5.1tSEK 511.5b16x18.2x1.8x
Sat, 29 Oct 2022SEK 8.8tSEK 5.1tSEK 530.2b15.6x16.6x1.7x
Mon, 26 Sep 2022SEK 8.2tSEK 4.9tSEK 573.9b14.6x14.3x1.7x
Wed, 24 Aug 2022SEK 9.2tSEK 4.8tSEK 573.6b16.6x16x1.9x
Fri, 22 Jul 2022SEK 9.3tSEK 4.7tSEK 564.6b16.4x16.5x2x
Sun, 19 Jun 2022SEK 9.0tSEK 4.7tSEK 663.1b16.2x13.6x1.9x
Tue, 17 May 2022SEK 9.8tSEK 4.7tSEK 663.0b17.8x14.8x2.1x
Thu, 14 Apr 2022SEK 10.7tSEK 4.7tSEK 794.4b19.7x13.5x2.3x
Sat, 12 Mar 2022SEK 10.6tSEK 4.9tSEK 818.9b19.4x12.9x2.2x
Mon, 07 Feb 2022SEK 11.6tSEK 4.8tSEK 781.1b22.8x14.8x2.4x
Wed, 05 Jan 2022SEK 13.0tSEK 4.7tSEK 674.7b23.9x19.2x2.8x
Fri, 03 Dec 2021SEK 12.3tSEK 4.7tSEK 674.1b23.6x18.3x2.6x
Price to Earnings Ratio

18.3x


Total Market Cap: SEK 12.3tTotal Earnings: SEK 674.1bTotal Revenue: SEK 4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 19.4x202220232024
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 19.4x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 4.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.4% 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 Market0.71%
Healthcare2.26%
Utilities2.05%
Materials1.98%
Telecom1.70%
Consumer Staples1.52%
Real Estate1.26%
Energy1.09%
Tech1.01%
Financials0.75%
Consumer Discretionary0.29%
Industrials0.15%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 12.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 47.3%, which is higher than its past year's earnings growth of 15.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 60% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Financials sector is expected to see its earnings decline by 18% 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
EQT EQTSEK 317.207.5%
+SEK 26.2b		29.9%PE108xFinancials
ASSA B ASSA ABLOYSEK 331.702.0%
+SEK 7.2b		23.5%PE24xIndustrials
YUBICO YubicoSEK 295.0018.5%
+SEK 4.0b		184.7%PE73.5xTech
TELIA Telia CompanySEK 31.823.2%
+SEK 3.9b		27.5%PE119.2xTelecom
ALFA Alfa LavalSEK 475.402.0%
+SEK 3.9b		22.1%PE28.5xIndustrials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

AdTech Stocks Thrive As Digital Advertising Expands

Richard Bowman avatar
Richard Bowman
|
|

5 comments

This earnings season has been another reminder of the astonishing profitability of online advertising. Three out of the six most valuable companies in the world earn a big chunk — if not all — of their revenue from ads...

Continue reading

Navigating The Trump 2.0 Market
Last Week

Navigating The Trump 2.0 Market

Latest News

LIFCO B

SEK 319.60

Lifco

7D

1.9%

1Y

40.5%

EQT

SEK 313.40

EQT

7D

7.4%

1Y

28.0%

EQT (STO:EQT) Is Due To Pay A Dividend Of €1.80

Nov 26
EQT (STO:EQT) Is Due To Pay A Dividend Of €1.80

HEXA B

SEK 92.10

Hexagon

7D

-1.0%

1Y

-11.5%

Hexagon (STO:HEXA B) Seems To Use Debt Quite Sensibly

Nov 26
Hexagon (STO:HEXA B) Seems To Use Debt Quite Sensibly

AAK

SEK 288.80

AAK AB (publ.)

7D

4.3%

1Y

35.3%

Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)

Nov 25
Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)

YUBICO

SEK 287.50

Yubico

7D

15.9%

1Y

178.6%

ASSA B

SEK 327.70

ASSA ABLOY

7D

0.9%

1Y

23.2%

Some Shareholders Feeling Restless Over ASSA ABLOY AB (publ)'s (STO:ASSA B) P/E Ratio

Nov 22
Some Shareholders Feeling Restless Over ASSA ABLOY AB (publ)'s (STO:ASSA B) P/E Ratio

SWED A

SEK 209.40

Swedbank

7D

-2.3%

1Y

9.2%

Is Now The Time To Put Swedbank (STO:SWED A) On Your Watchlist?

Nov 22
Is Now The Time To Put Swedbank (STO:SWED A) On Your Watchlist?

ADDT B

SEK 302.40

Addtech AB (publ.)

7D

4.5%

1Y

52.5%

Addtech AB (publ.)'s (STO:ADDT B) Shares May Have Run Too Fast Too Soon

Nov 22
Addtech AB (publ.)'s (STO:ADDT B) Shares May Have Run Too Fast Too Soon

SAAB B

SEK 241.45

Saab

7D

-2.9%

1Y

78.0%

NIBE B

SEK 46.26

NIBE Industrier

7D

-2.6%

1Y

-24.4%

SAGA A

SEK 235.00

AB Sagax

7D

-2.1%

1Y

0%

Does This Valuation Of AB Sagax (publ) (STO:SAGA A) Imply Investors Are Overpaying?

Nov 16
Does This Valuation Of AB Sagax (publ) (STO:SAGA A) Imply Investors Are Overpaying?

ESSITY B

SEK 302.20

Essity

7D

2.1%

1Y

14.8%

SAND

SEK 201.00

Sandvik

7D

-0.7%

1Y

-1.4%

ERIC B

SEK 89.80

Telefonaktiebolaget LM Ericsson

7D

1.4%

1Y

73.5%

SEB A

SEK 148.95

Skandinaviska Enskilda Banken

7D

-0.6%

1Y

18.4%

SECT B

SEK 284.80

Sectra

7D

-2.6%

1Y

133.6%