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Swedish (OMX) Market Analysis & Valuation

UpdatedNov 28, 2024
DataAggregated Company Financials
Companies872
  • 7D1.5%
  • 3M-4.2%
  • 1Y11.7%
  • YTD4.6%

The market has climbed by 1.5% over the past week, with every sector up and the Industrials sector leading the way. As for the past 12 months, the market is up 12%. As for the next few years, earnings are expected to grow by 15% per annum.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Nov 2024SEK 10.7tSEK 6.0tSEK 586.7b22x18.2x1.8x
Sat, 26 Oct 2024SEK 11.2tSEK 6.0tSEK 572.5b23.1x19.5x1.9x
Mon, 23 Sep 2024SEK 11.7tSEK 6.1tSEK 554.2b23.7x21.2x1.9x
Wed, 21 Aug 2024SEK 11.4tSEK 6.1tSEK 547.4b22.6x20.9x1.9x
Fri, 19 Jul 2024SEK 11.8tSEK 6.1tSEK 522.4b23.8x22.5x1.9x
Sun, 16 Jun 2024SEK 11.4tSEK 6.0tSEK 511.4b22.9x22.2x1.9x
Tue, 14 May 2024SEK 11.7tSEK 6.1tSEK 552.2b23x21.1x1.9x
Thu, 11 Apr 2024SEK 11.2tSEK 6.0tSEK 521.8b22x21.5x1.9x
Sat, 09 Mar 2024SEK 11.1tSEK 6.0tSEK 513.2b20.6x21.6x1.8x
Mon, 05 Feb 2024SEK 10.4tSEK 6.0tSEK 502.0b21.5x20.8x1.7x
Wed, 03 Jan 2024SEK 10.6tSEK 6.0tSEK 441.3b22.4x23.9x1.7x
Fri, 01 Dec 2023SEK 9.7tSEK 6.0tSEK 443.1b20.2x22x1.6x
Sun, 29 Oct 2023SEK 8.8tSEK 6.0tSEK 450.8b17.5x19.5x1.5x
Tue, 26 Sep 2023SEK 9.3tSEK 6.0tSEK 487.6b17.8x19x1.6x
Thu, 24 Aug 2023SEK 9.3tSEK 6.0tSEK 490.0b18.6x19x1.6x
Sat, 22 Jul 2023SEK 9.7tSEK 5.9tSEK 486.4b19.3x20x1.6x
Mon, 19 Jun 2023SEK 10.1tSEK 5.7tSEK 411.7b19.3x24.6x1.8x
Wed, 17 May 2023SEK 9.9tSEK 5.6tSEK 403.8b19.6x24.6x1.8x
Fri, 14 Apr 2023SEK 9.2tSEK 5.3tSEK 412.0b19.5x22.2x1.7x
Sun, 12 Mar 2023SEK 8.9tSEK 5.3tSEK 404.1b18.9x22.1x1.7x
Tue, 07 Feb 2023SEK 9.3tSEK 5.2tSEK 472.5b17.7x19.8x1.8x
Thu, 05 Jan 2023SEK 9.3tSEK 5.1tSEK 505.1b16.2x18.3x1.8x
Sat, 03 Dec 2022SEK 9.5tSEK 5.1tSEK 502.3b16.4x18.9x1.9x
Mon, 31 Oct 2022SEK 8.8tSEK 5.1tSEK 529.8b15.6x16.6x1.7x
Wed, 28 Sep 2022SEK 8.2tSEK 4.9tSEK 573.7b14.4x14.3x1.7x
Fri, 26 Aug 2022SEK 9.2tSEK 4.8tSEK 574.7b16.5x16.1x1.9x
Sun, 24 Jul 2022SEK 9.4tSEK 4.8tSEK 561.3b16.4x16.8x2x
Tue, 21 Jun 2022SEK 9.0tSEK 4.7tSEK 662.7b16.3x13.7x1.9x
Thu, 19 May 2022SEK 9.8tSEK 4.7tSEK 663.2b18.1x14.8x2.1x
Sat, 16 Apr 2022SEK 10.7tSEK 4.7tSEK 795.6b20x13.5x2.3x
Mon, 14 Mar 2022SEK 10.6tSEK 4.9tSEK 826.6b19.4x12.8x2.2x
Wed, 09 Feb 2022SEK 11.5tSEK 4.8tSEK 782.1b22.7x14.8x2.4x
Fri, 07 Jan 2022SEK 12.9tSEK 4.7tSEK 674.8b23.8x19.1x2.8x
Sun, 05 Dec 2021SEK 12.1tSEK 4.7tSEK 674.9b23.5x18x2.6x
Price to Earnings Ratio

18x


Total Market Cap: SEK 12.1tTotal Earnings: SEK 674.9bTotal 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 4.6% 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 Market1.51%
Real Estate3.73%
Healthcare3.71%
Consumer Staples3.24%
Telecom1.60%
Financials1.34%
Industrials1.17%
Consumer Discretionary0.95%
Energy0.94%
Tech0.82%
Utilities0.21%
Materials0.20%
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 12.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 47.7%, which is higher than its past year's earnings growth of 13.7% 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 315.707.2%
+SEK 25.2b		26.9%PE107.3xFinancials
VOLV B AB VolvoSEK 269.401.9%
+SEK 10.2b		11.2%PE10.6xIndustrials
INVE A InvestorSEK 296.000.8%
+SEK 7.4b		38.5%PE4.4xFinancials
SOBI Swedish Orphan BiovitrumSEK 307.806.2%
+SEK 6.2b		21.9%PE30.1xHealthcare
BALD B Fastighets AB BalderSEK 84.386.0%
+SEK 5.7b		34.3%PS7.9xReal Estate
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