Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Swedish (OMX) Market Analysis & Valuation

UpdatedNov 25, 2024
DataAggregated Company Financials
Companies871
  • 7D0.1%
  • 3M-3.6%
  • 1Y11.8%
  • YTD4.5%

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. 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
Mon, 25 Nov 2024SEK 10.7tSEK 6.0tSEK 586.7b21.5x18.2x1.8x
Wed, 23 Oct 2024SEK 11.1tSEK 6.0tSEK 559.2b23.4x19.9x1.9x
Fri, 20 Sep 2024SEK 11.8tSEK 6.1tSEK 554.2b23.9x21.2x1.9x
Sun, 18 Aug 2024SEK 11.4tSEK 6.1tSEK 548.5b23.1x20.8x1.9x
Tue, 16 Jul 2024SEK 11.7tSEK 6.1tSEK 501.8b23.3x23.3x1.9x
Thu, 13 Jun 2024SEK 11.5tSEK 6.0tSEK 511.3b23.6x22.5x1.9x
Sat, 11 May 2024SEK 11.6tSEK 6.1tSEK 551.5b22.9x21x1.9x
Mon, 08 Apr 2024SEK 11.2tSEK 6.0tSEK 517.7b21.6x21.7x1.9x
Wed, 06 Mar 2024SEK 10.9tSEK 6.0tSEK 513.4b21.3x21.1x1.8x
Fri, 02 Feb 2024SEK 10.6tSEK 6.0tSEK 511.2b21.7x20.7x1.8x
Sun, 31 Dec 2023SEK 10.6tSEK 6.0tSEK 441.0b22.3x24x1.8x
Tue, 28 Nov 2023SEK 9.7tSEK 6.0tSEK 445.5b19.6x21.9x1.6x
Thu, 26 Oct 2023SEK 8.8tSEK 6.0tSEK 448.3b17.3x19.7x1.5x
Sat, 23 Sep 2023SEK 9.3tSEK 6.0tSEK 488.7b18.1x19.1x1.6x
Mon, 21 Aug 2023SEK 9.3tSEK 5.9tSEK 489.6b18.6x19x1.6x
Wed, 19 Jul 2023SEK 9.7tSEK 5.8tSEK 496.7b18.9x19.6x1.7x
Fri, 16 Jun 2023SEK 10.1tSEK 5.6tSEK 411.1b19.7x24.6x1.8x
Sun, 14 May 2023SEK 10.0tSEK 5.6tSEK 402.9b19.4x24.7x1.8x
Tue, 11 Apr 2023SEK 9.0tSEK 5.3tSEK 420.9b19.2x21.3x1.7x
Thu, 09 Mar 2023SEK 9.2tSEK 5.3tSEK 403.6b19.4x22.8x1.7x
Sat, 04 Feb 2023SEK 9.5tSEK 5.2tSEK 477.7b17.9x19.9x1.8x
Mon, 02 Jan 2023SEK 9.1tSEK 5.1tSEK 511.6b15.7x17.8x1.8x
Wed, 30 Nov 2022SEK 9.3tSEK 5.1tSEK 511.0b16.2x18.2x1.8x
Fri, 28 Oct 2022SEK 8.8tSEK 5.0tSEK 537.1b15.7x16.4x1.8x
Sun, 25 Sep 2022SEK 8.2tSEK 4.9tSEK 573.9b14.6x14.3x1.7x
Tue, 23 Aug 2022SEK 9.3tSEK 4.8tSEK 574.9b16.5x16.1x1.9x
Thu, 21 Jul 2022SEK 9.2tSEK 4.7tSEK 558.5b16.6x16.5x2x
Sat, 18 Jun 2022SEK 9.0tSEK 4.7tSEK 662.7b16.3x13.5x1.9x
Mon, 16 May 2022SEK 9.4tSEK 4.7tSEK 662.8b17.7x14.2x2x
Wed, 13 Apr 2022SEK 10.7tSEK 4.7tSEK 794.2b19.8x13.5x2.3x
Fri, 11 Mar 2022SEK 10.4tSEK 4.9tSEK 834.1b19.2x12.5x2.1x
Sun, 06 Feb 2022SEK 11.6tSEK 4.8tSEK 778.9b22.3x14.8x2.4x
Tue, 04 Jan 2022SEK 13.0tSEK 4.7tSEK 674.9b24.4x19.2x2.8x
Thu, 02 Dec 2021SEK 12.5tSEK 4.7tSEK 674.3b24.3x18.5x2.7x
Price to Earnings Ratio

18.5x


Total Market Cap: SEK 12.5tTotal Earnings: SEK 674.3bTotal 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 Market0.11%
Consumer Staples1.42%
Energy1.25%
Utilities1.05%
Telecom0.77%
Financials0.28%
Real Estate0.26%
Materials0.17%
Industrials0.015%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Tech-0.17%
Consumer Discretionary-0.31%
Healthcare-0.37%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 12.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 47.6%, 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 307.104.1%
+SEK 14.3b		25.8%PE104.7xFinancials
ASSA B ASSA ABLOYSEK 332.302.2%
+SEK 7.9b		23.8%PE24.1xIndustrials
ALFA Alfa LavalSEK 475.402.0%
+SEK 3.9b		22.1%PE28.5xIndustrials
ESSITY B EssitySEK 302.201.7%
+SEK 3.5b		15.3%PE17.8xConsumer Staples
ERIC B Telefonaktiebolaget LM EricssonSEK 89.161.2%
+SEK 3.5b		70.6%PS1.2xTech
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

YUBICO

SEK 288.50

Yubico

7D

15.9%

1Y

178.5%

EPI A

SEK 196.00

Epiroc

7D

-1.2%

1Y

0.7%

An Intrinsic Calculation For Epiroc AB (publ) (STO:EPI A) Suggests It's 25% Undervalued

Nov 24
An Intrinsic Calculation For Epiroc AB (publ) (STO:EPI A) Suggests It's 25% Undervalued

SHB A

SEK 110.80

Svenska Handelsbanken

7D

-1.2%

1Y

10.7%

ASSA B

SEK 332.30

ASSA ABLOY

7D

2.2%

1Y

23.8%

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 212.90

Swedbank

7D

-2.5%

1Y

10.1%

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?

EQT

SEK 307.10

EQT

7D

4.1%

1Y

25.8%

HEXA B

SEK 91.86

Hexagon

7D

-2.5%

1Y

-12.0%

NIBE B

SEK 45.75

NIBE Industrier

7D

-4.4%

1Y

-27.8%

SOBI

SEK 290.00

Swedish Orphan Biovitrum

7D

-3.4%

1Y

15.7%

TELIA

SEK 31.68

Telia Company

7D

2.8%

1Y

27.0%

HM B

SEK 155.40

H & M Hennes & Mauritz

7D

1.2%

1Y

-11.0%

H & M Hennes & Mauritz (STO:HM B) Is Reinvesting At Lower Rates Of Return

Nov 18
H & M Hennes & Mauritz (STO:HM B) Is Reinvesting At Lower Rates Of Return

ALFA

SEK 475.40

Alfa Laval

7D

2.0%

1Y

22.1%

EVO

SEK 983.60

Evolution

7D

-1.0%

1Y

-9.8%

ESSITY B

SEK 302.20

Essity

7D

1.7%

1Y

15.3%

SAND

SEK 202.60

Sandvik

7D

-1.1%

1Y

-1.6%

ERIC B

SEK 89.16

Telefonaktiebolaget LM Ericsson

7D

1.2%

1Y

70.6%