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Swedish (OMX) Market Analysis & Valuation

UpdatedFeb 08, 2025
DataAggregated Company Financials
Companies873
  • 7D-0.8%
  • 3M3.4%
  • 1Y13.0%
  • YTD5.2%

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 13% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Feb 2025SEK 11.5tSEK 5.9tSEK 524.1b23.3x21.9x1.9x
Mon, 06 Jan 2025SEK 10.9tSEK 6.0tSEK 588.0b23.3x18.5x1.8x
Wed, 04 Dec 2024SEK 11.0tSEK 6.0tSEK 588.4b22.8x18.7x1.8x
Fri, 01 Nov 2024SEK 11.0tSEK 5.9tSEK 571.7b23.2x19.3x1.9x
Sun, 29 Sep 2024SEK 12.0tSEK 6.1tSEK 552.2b23.9x21.7x2x
Tue, 27 Aug 2024SEK 11.6tSEK 6.1tSEK 549.2b23.4x21.2x1.9x
Thu, 25 Jul 2024SEK 11.6tSEK 6.1tSEK 545.5b23.1x21.3x1.9x
Sat, 22 Jun 2024SEK 11.4tSEK 6.0tSEK 511.5b23x22.4x1.9x
Mon, 20 May 2024SEK 11.6tSEK 6.1tSEK 531.7b22.7x21.8x1.9x
Wed, 17 Apr 2024SEK 11.2tSEK 6.0tSEK 523.3b22.2x21.4x1.9x
Fri, 15 Mar 2024SEK 11.2tSEK 6.0tSEK 513.9b20.8x21.8x1.9x
Sun, 11 Feb 2024SEK 10.5tSEK 6.0tSEK 499.9b21.3x21.1x1.8x
Tue, 09 Jan 2024SEK 10.4tSEK 6.0tSEK 440.7b22.4x23.6x1.7x
Thu, 07 Dec 2023SEK 10.0tSEK 6.0tSEK 442.0b20.4x22.7x1.7x
Sat, 04 Nov 2023SEK 9.2tSEK 6.0tSEK 448.6b18.4x20.5x1.5x
Mon, 02 Oct 2023SEK 9.3tSEK 6.0tSEK 489.3b17.8x19x1.6x
Wed, 30 Aug 2023SEK 9.4tSEK 6.0tSEK 488.7b18.3x19.3x1.6x
Fri, 28 Jul 2023SEK 9.8tSEK 5.9tSEK 483.4b19.6x20.3x1.7x
Sun, 25 Jun 2023SEK 9.8tSEK 5.7tSEK 411.6b18.9x23.7x1.7x
Tue, 23 May 2023SEK 10.1tSEK 5.6tSEK 399.5b19.7x25.3x1.8x
Thu, 20 Apr 2023SEK 9.4tSEK 5.3tSEK 408.1b20x23.1x1.8x
Sat, 18 Mar 2023SEK 8.5tSEK 5.3tSEK 402.7b18.6x21.2x1.6x
Mon, 13 Feb 2023SEK 9.1tSEK 5.3tSEK 454.8b18.4x20x1.7x
Wed, 11 Jan 2023SEK 9.5tSEK 5.1tSEK 505.5b16.5x18.8x1.9x
Fri, 09 Dec 2022SEK 9.3tSEK 5.1tSEK 511.5b16x18.2x1.8x
Sun, 06 Nov 2022SEK 8.9tSEK 5.1tSEK 509.1b15.5x17.4x1.8x
Tue, 04 Oct 2022SEK 8.3tSEK 4.9tSEK 569.1b14.7x14.6x1.7x
Thu, 01 Sep 2022SEK 9.0tSEK 4.8tSEK 573.3b16.5x15.6x1.9x
Sat, 30 Jul 2022SEK 9.7tSEK 4.8tSEK 561.8b17x17.3x2x
Mon, 27 Jun 2022SEK 8.7tSEK 4.7tSEK 663.2b15.8x13.2x1.9x
Wed, 25 May 2022SEK 9.8tSEK 4.7tSEK 662.1b16.9x14.8x2.1x
Fri, 22 Apr 2022SEK 10.7tSEK 4.7tSEK 797.7b20.2x13.5x2.3x
Sun, 20 Mar 2022SEK 11.3tSEK 4.9tSEK 825.9b20.3x13.7x2.3x
Tue, 15 Feb 2022SEK 11.3tSEK 4.8tSEK 798.5b21.7x14.2x2.3x
Price to Earnings Ratio

14.2x


Total Market Cap: SEK 11.3tTotal Earnings: SEK 798.5bTotal Revenue: SEK 4.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 19.5x202320242025
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 21.9x which is higher than its 3-year average PE of 19.5x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.9% 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 Market-0.77%
Materials2.64%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Financials-0.13%
Healthcare-0.43%
Real Estate-0.59%
Industrials-0.92%
Energy-1.00%
Tech-1.23%
Consumer Staples-1.69%
Utilities-2.55%
Telecom-2.57%
Consumer Discretionary-2.60%
Sector PE
  • Investors favour the Healthcare sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts expect its future annual earnings growth (36.0%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 84% over the next 5 years.
  • This is better than its past earnings decline of 87% per year.
  • In contrast, the Financials sector is expected to see its earnings decline by 14% 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
BOL BolidenSEK 378.7013.6%
+SEK 12.4b
40.4%PE10.3xMaterials
VOLV B AB VolvoSEK 311.101.4%
+SEK 8.9b
19.4%PE12.6xIndustrials
SECU B SecuritasSEK 156.0010.3%
+SEK 8.3b
47.4%PE17.3xIndustrials
SEB A Skandinaviska Enskilda BankenSEK 160.852.5%
+SEK 7.8b
9.0%PB1.4xFinancials
SKA B SkanskaSEK 255.407.3%
+SEK 7.2b
35.0%PE18.9xIndustrials
See more
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SAAB B

SEK 213.40

Saab

7D

-11.2%

1Y

17.9%

SKA B

SEK 255.40

Skanska

7D

7.3%

1Y

35.0%

SWEC B

SEK 192.00

Sweco

7D

10.5%

1Y

85.0%

BOL

SEK 378.70

Boliden

7D

13.6%

1Y

40.4%

HEXA B

SEK 124.35

Hexagon

7D

-4.1%

1Y

6.2%

SHB A

SEK 125.45

Svenska Handelsbanken

7D

2.2%

1Y

4.5%

SECU B

SEK 156.00

Securitas

7D

10.3%

1Y

47.4%

VOLCAR B

SEK 20.92

Volvo Car AB (publ.)

7D

-16.7%

1Y

-43.4%

EVO

SEK 788.80

Evolution

7D

-7.6%

1Y

-39.8%

ASSA B

SEK 325.90

ASSA ABLOY

7D

-4.3%

1Y

14.7%

EMBRAC B

SEK 141.20

Embracer Group

7D

-37.2%

1Y

14.9%

SWED A

SEK 246.70

Swedbank

7D

2.2%

1Y

18.0%