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Swedish (OMX) Market Analysis & Valuation

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies805
  • 7D0.4%
  • 3M0.8%
  • 1Y0.1%
  • YTD1.1%

The Energy sector gained 3.5% while the market remained flat over the last week. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 17% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 Aug 2025SEK 11.1tSEK 5.7tSEK 473.3b23.4x23.4x1.9x
Sun, 13 Jul 2025SEK 11.1tSEK 5.8tSEK 506.8b23.4x22x1.9x
Tue, 10 Jun 2025SEK 10.9tSEK 5.8tSEK 496.2b22.8x22x1.9x
Thu, 08 May 2025SEK 10.6tSEK 5.8tSEK 465.8b21.9x22.8x1.8x
Sat, 05 Apr 2025SEK 10.0tSEK 5.9tSEK 545.3b20.5x18.3x1.7x
Mon, 03 Mar 2025SEK 11.7tSEK 5.9tSEK 549.8b22.9x21.2x2x
Wed, 29 Jan 2025SEK 11.4tSEK 5.9tSEK 502.8b23.3x22.6x1.9x
Fri, 27 Dec 2024SEK 10.7tSEK 6.0tSEK 588.0b22.9x18.2x1.8x
Sun, 24 Nov 2024SEK 10.7tSEK 6.0tSEK 586.6b21.5x18.2x1.8x
Tue, 22 Oct 2024SEK 11.2tSEK 6.0tSEK 557.2b23.4x20x1.9x
Thu, 19 Sep 2024SEK 11.6tSEK 6.1tSEK 554.4b23.7x20.9x1.9x
Sat, 17 Aug 2024SEK 11.4tSEK 6.1tSEK 543.1b23.3x21x1.9x
Mon, 15 Jul 2024SEK 11.8tSEK 6.1tSEK 501.5b23.7x23.6x2x
Wed, 12 Jun 2024SEK 11.5tSEK 6.0tSEK 511.5b23.2x22.4x1.9x
Fri, 10 May 2024SEK 11.4tSEK 6.1tSEK 551.7b22.8x20.7x1.9x
Sun, 07 Apr 2024SEK 11.2tSEK 6.0tSEK 517.6b21.6x21.7x1.9x
Tue, 05 Mar 2024SEK 10.9tSEK 6.0tSEK 513.6b21.2x21.3x1.8x
Thu, 01 Feb 2024SEK 10.5tSEK 6.0tSEK 476.2b21.5x22.1x1.7x
Sat, 30 Dec 2023SEK 10.6tSEK 6.0tSEK 441.0b22.3x24.1x1.8x
Mon, 27 Nov 2023SEK 9.7tSEK 6.0tSEK 445.6b19.5x21.9x1.6x
Wed, 25 Oct 2023SEK 8.8tSEK 6.0tSEK 446.6b17.3x19.7x1.5x
Fri, 22 Sep 2023SEK 9.4tSEK 6.0tSEK 489.2b18.3x19.2x1.6x
Sun, 20 Aug 2023SEK 9.3tSEK 5.9tSEK 489.6b18.6x19x1.6x
Tue, 18 Jul 2023SEK 9.6tSEK 5.8tSEK 497.0b18.7x19.4x1.7x
Thu, 15 Jun 2023SEK 10.2tSEK 5.6tSEK 411.0b19.5x24.8x1.8x
Sat, 13 May 2023SEK 10.0tSEK 5.6tSEK 402.5b19.6x24.7x1.8x
Mon, 10 Apr 2023SEK 9.0tSEK 5.3tSEK 420.9b19.3x21.3x1.7x
Wed, 08 Mar 2023SEK 9.2tSEK 5.3tSEK 404.0b19.3x22.8x1.7x
Fri, 03 Feb 2023SEK 9.5tSEK 5.2tSEK 474.7b17.6x20x1.8x
Sun, 01 Jan 2023SEK 9.2tSEK 5.1tSEK 511.6b15.7x17.9x1.8x
Tue, 29 Nov 2022SEK 9.3tSEK 5.1tSEK 510.9b16.2x18.3x1.8x
Thu, 27 Oct 2022SEK 8.8tSEK 5.0tSEK 545.9b15.5x16.2x1.8x
Sat, 24 Sep 2022SEK 8.2tSEK 4.9tSEK 573.0b14.6x14.3x1.7x
Mon, 22 Aug 2022SEK 9.5tSEK 4.8tSEK 574.6b16.7x16.5x2x
Price to Earnings Ratio

16.5x


Total Market Cap: SEK 9.5tTotal Earnings: SEK 574.6bTotal Revenue: SEK 4.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20.7x202320242025
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 23.4x which is higher than its 3-year average PE of 20.7x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 6.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.8% 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 Market0.36%
Energy3.91%
Financials1.83%
Consumer Staples0.80%
Industrials0.38%
Consumer Discretionary-0.16%
Healthcare-0.80%
Tech-0.82%
Telecom-0.83%
Materials-0.89%
Real Estate-1.56%
Utilities-3.04%
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 28.7%, which is higher than its past year's earnings growth of 6.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 6.6% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 6.9% 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
INVE A InvestorSEK 293.602.1%
+SEK 18.7b		0.1%PE38.5xFinancials
VOLV B AB VolvoSEK 292.102.5%
+SEK 14.2b		10.8%PE15.6xIndustrials
ATCO A Atlas CopcoSEK 149.301.8%
+SEK 12.9b		-18.1%PE25.9xIndustrials
HM B H & M Hennes & MauritzSEK 141.405.3%
+SEK 11.5b		-11.4%PE23xConsumer Discretionary
SEB A Skandinaviska Enskilda BankenSEK 180.153.2%
+SEK 11.1b		16.8%PB1.6xFinancials
See more

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EMBRAC B
SEK 76.42
Embracer Group
7D
-26.0%
1Y
-41.3%
HOLM B
SEK 363.40
Holmen
7D
-5.6%
1Y
-11.8%
STOR B
SEK 10.06
Storskogen Group
7D
-13.4%
1Y
8.4%
EPI A
SEK 193.60
Epiroc
7D
-1.7%
1Y
-0.9%
ATCO A
SEK 149.30
Atlas Copco
7D
1.8%
1Y
-18.1%
VOLV B
SEK 292.10
AB Volvo
7D
2.5%
1Y
10.8%

AB Volvo (publ)'s (STO:VOLV B) Share Price Is Matching Sentiment Around Its Earnings

Aug 06
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ASSA B
SEK 332.20
ASSA ABLOY
7D
1.5%
1Y
6.6%

ASSA ABLOY (STO:ASSA B) Has Announced A Dividend Of SEK2.95

Aug 05
ASSA ABLOY (STO:ASSA B) Has Announced A Dividend Of SEK2.95
HEXA B
SEK 106.90
Hexagon
7D
-1.4%
1Y
3.8%

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Jul 28
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HM B
SEK 141.40
H & M Hennes & Mauritz
7D
5.3%
1Y
-11.4%

H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Quite Sensibly

Jul 28
H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Quite Sensibly
INVE A
SEK 293.60
Investor
7D
2.1%
1Y
0.1%

Investor (STO:INVE A) Will Pay A Dividend Of SEK1.45

Jul 25
Investor (STO:INVE A) Will Pay A Dividend Of SEK1.45
ROKO B
SEK 2,255.50
Röko
7D
-6.9%
1Y
n/a
SHB A
SEK 125.25
Svenska Handelsbanken
7D
3.0%
1Y
21.1%
SEB A
SEK 180.15
Skandinaviska Enskilda Banken
7D
3.2%
1Y
16.8%

Skandinaviska Enskilda Banken AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Jul 19
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SWED A
SEK 275.00
Swedbank
7D
3.5%
1Y
29.7%
EVO
SEK 823.40
Evolution
7D
-5.9%
1Y
-19.7%
LATO B
SEK 246.20
Investment AB Latour
7D
-3.7%
1Y
-18.1%