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Swedish (OMX) Market Analysis & Valuation

UpdatedFeb 12, 2025
DataAggregated Company Financials
Companies871
  • 7D1.4%
  • 3M6.6%
  • 1Y14.0%
  • YTD6.1%

Over the last 7 days, the market has risen 1.4%, driven by gains in the Financials and Industrials sectors of 2.5% and 1.5%, respectively. The market is up 14% over the last 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 12 Feb 2025SEK 11.6tSEK 5.9tSEK 505.1b23.4x23x2x
Fri, 10 Jan 2025SEK 10.9tSEK 6.0tSEK 588.1b22.9x18.5x1.8x
Sun, 08 Dec 2024SEK 11.2tSEK 6.0tSEK 589.0b23.2x19.1x1.9x
Tue, 05 Nov 2024SEK 11.0tSEK 6.0tSEK 572.9b23x19.2x1.8x
Thu, 03 Oct 2024SEK 11.8tSEK 6.1tSEK 552.7b23.4x21.4x1.9x
Sat, 31 Aug 2024SEK 11.7tSEK 6.1tSEK 547.3b23.6x21.4x1.9x
Mon, 29 Jul 2024SEK 11.6tSEK 6.1tSEK 544.0b23.2x21.4x1.9x
Wed, 26 Jun 2024SEK 11.4tSEK 6.0tSEK 511.5b22.6x22.2x1.9x
Fri, 24 May 2024SEK 11.7tSEK 6.1tSEK 532.1b23.1x22.1x1.9x
Sun, 21 Apr 2024SEK 11.0tSEK 6.0tSEK 562.0b21.7x19.5x1.8x
Tue, 19 Mar 2024SEK 11.1tSEK 6.0tSEK 514.6b21.2x21.6x1.9x
Thu, 15 Feb 2024SEK 10.6tSEK 6.0tSEK 485.0b21.8x21.8x1.8x
Sat, 13 Jan 2024SEK 10.4tSEK 6.0tSEK 441.0b22.3x23.6x1.7x
Mon, 11 Dec 2023SEK 10.1tSEK 6.0tSEK 442.1b20.5x22.8x1.7x
Wed, 08 Nov 2023SEK 9.2tSEK 6.0tSEK 446.8b18.5x20.5x1.5x
Fri, 06 Oct 2023SEK 9.1tSEK 6.0tSEK 489.8b17.4x18.5x1.5x
Sun, 03 Sep 2023SEK 9.5tSEK 6.0tSEK 489.5b18.6x19.3x1.6x
Tue, 01 Aug 2023SEK 9.8tSEK 5.9tSEK 484.1b19.5x20.3x1.7x
Thu, 29 Jun 2023SEK 9.7tSEK 5.7tSEK 412.3b19.1x23.6x1.7x
Sat, 27 May 2023SEK 9.9tSEK 5.6tSEK 406.6b19.4x24.4x1.8x
Mon, 24 Apr 2023SEK 10.0tSEK 5.5tSEK 438.7b20x22.8x1.8x
Wed, 22 Mar 2023SEK 8.7tSEK 5.3tSEK 402.4b18.8x21.7x1.6x
Fri, 17 Feb 2023SEK 9.3tSEK 5.3tSEK 442.8b19.1x21.1x1.8x
Sun, 15 Jan 2023SEK 9.7tSEK 5.1tSEK 505.6b16.9x19.2x1.9x
Tue, 13 Dec 2022SEK 9.4tSEK 5.1tSEK 510.9b15.8x18.4x1.8x
Thu, 10 Nov 2022SEK 9.4tSEK 5.1tSEK 509.0b16.3x18.6x1.9x
Sat, 08 Oct 2022SEK 8.2tSEK 4.9tSEK 569.3b14.5x14.4x1.7x
Mon, 05 Sep 2022SEK 8.9tSEK 4.8tSEK 573.1b16.3x15.6x1.8x
Wed, 03 Aug 2022SEK 9.5tSEK 4.8tSEK 533.6b16.7x17.8x2x
Fri, 01 Jul 2022SEK 8.7tSEK 4.7tSEK 663.6b15.6x13.1x1.8x
Sun, 29 May 2022SEK 10.1tSEK 4.7tSEK 655.6b17.8x15.4x2.1x
Tue, 26 Apr 2022SEK 10.3tSEK 4.6tSEK 621.4b19.4x16.6x2.2x
Thu, 24 Mar 2022SEK 11.1tSEK 4.9tSEK 826.4b19.8x13.4x2.3x
Sat, 19 Feb 2022SEK 11.0tSEK 4.9tSEK 804.0b21.1x13.7x2.3x
Price to Earnings Ratio

13.7x


Total Market Cap: SEK 11.0tTotal Earnings: SEK 804.0bTotal Revenue: SEK 4.9tTotal 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 23.0x which is higher than its 3-year average PE of 19.5x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.6% 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 Market1.35%
Telecom3.12%
Financials2.49%
Materials2.36%
Industrials1.46%
Tech0.69%
Utilities0.58%
Healthcare0.20%
Real Estate0.0091%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Consumer Staples-0.33%
Consumer Discretionary-0.78%
Energy-0.99%
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 35.9%, which is higher than its past year's earnings growth of 20.4% per year.
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
INVE A InvestorSEK 313.802.5%
+SEK 23.3b		27.0%PE8.5xFinancials
VOLV B AB VolvoSEK 315.102.6%
+SEK 16.3b		19.1%PE12.7xIndustrials
SEB A Skandinaviska Enskilda BankenSEK 162.354.1%
+SEK 12.9b		9.0%PB1.4xFinancials
SHB A Svenska HandelsbankenSEK 127.904.9%
+SEK 11.9b		4.3%PB1.2xFinancials
SWED A SwedbankSEK 249.704.1%
+SEK 11.1b		17.0%PB1.3xFinancials
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SAAB B

SEK 218.30

Saab

7D

-8.1%

1Y

16.0%

Saab AB (publ) (STO:SAAB B) Just Released Its Yearly Earnings: Here's What Analysts Think

Feb 12
Saab AB (publ) (STO:SAAB B) Just Released Its Yearly Earnings: Here's What Analysts Think

VOLCAR B

SEK 21.27

Volvo Car AB (publ.)

7D

-9.9%

1Y

-44.3%

LIFCO B

SEK 386.80

Lifco

7D

6.4%

1Y

43.8%

MTRS

SEK 151.90

Munters Group

7D

-10.8%

1Y

-6.8%

SKA B

SEK 257.70

Skanska

7D

10.2%

1Y

39.3%

Skanska AB (publ) (STO:SKA B) Just Released Its Annual Earnings: Here's What Analysts Think

Feb 11
Skanska AB (publ) (STO:SKA B) Just Released Its Annual Earnings: Here's What Analysts Think

BOL

SEK 374.50

Boliden

7D

12.0%

1Y

40.5%

Boliden AB (publ) (STO:BOL) Yearly Results: Here's What Analysts Are Forecasting For This Year

Feb 10
Boliden AB (publ) (STO:BOL) Yearly Results: Here's What Analysts Are Forecasting For This Year

SAVE

SEK 249.20

Nordnet

7D

-6.1%

1Y

37.3%

AAK

SEK 302.40

AAK AB (publ.)

7D

-5.0%

1Y

28.8%

ALFA

SEK 464.80

Alfa Laval

7D

-4.7%

1Y

22.8%

HEXA B

SEK 126.90

Hexagon

7D

-1.9%

1Y

10.8%

SHB A

SEK 127.90

Svenska Handelsbanken

7D

4.9%

1Y

4.3%

EVO

SEK 800.20

Evolution

7D

-5.0%

1Y

-38.3%

SWED A

SEK 249.70

Swedbank

7D

4.1%

1Y

17.0%

VOLV B

SEK 315.10

AB Volvo

7D

2.6%

1Y

19.1%

AB Volvo (STO:VOLV B) Is Paying Out A Larger Dividend Than Last Year

Feb 03
AB Volvo (STO:VOLV B) Is Paying Out A Larger Dividend Than Last Year

SEB A

SEK 162.35

Skandinaviska Enskilda Banken

7D

4.1%

1Y

9.0%

Skandinaviska Enskilda Banken (STO:SEB A) Is Due To Pay A Dividend Of SEK11.50

Feb 03
Skandinaviska Enskilda Banken (STO:SEB A) Is Due To Pay A Dividend Of SEK11.50

INVE A

SEK 313.80

Investor

7D

2.5%

1Y

27.0%

Investor (STO:INVE A) Is Increasing Its Dividend To SEK3.75

Jan 30
Investor (STO:INVE A) Is Increasing Its Dividend To SEK3.75