Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Swedish (OMX) Market Analysis & Valuation

UpdatedFeb 19, 2025
DataAggregated Company Financials
Companies872
  • 7D2.8%
  • 3M11.9%
  • 1Y14.9%
  • YTD9.0%

The market has climbed 2.8% in the last 7 days, lead by the Industrials sector with a gain of 4.4%. As for the past 12 months, the market is up 15%. Looking forward, earnings are forecast to grow by 10% annually.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Feb 2025SEK 11.9tSEK 5.9tSEK 519.8b24x22.9x2x
Fri, 17 Jan 2025SEK 11.1tSEK 6.0tSEK 588.4b23.2x18.9x1.9x
Sun, 15 Dec 2024SEK 11.0tSEK 6.0tSEK 588.0b23.2x18.7x1.8x
Tue, 12 Nov 2024SEK 11.1tSEK 6.0tSEK 588.0b22.8x18.8x1.9x
Thu, 10 Oct 2024SEK 11.3tSEK 5.9tSEK 494.9b23.5x22.9x1.9x
Sat, 07 Sep 2024SEK 11.3tSEK 6.1tSEK 553.7b23.4x20.3x1.8x
Mon, 05 Aug 2024SEK 11.1tSEK 6.1tSEK 543.4b22.7x20.5x1.8x
Wed, 03 Jul 2024SEK 11.5tSEK 6.1tSEK 513.7b22.8x22.3x1.9x
Fri, 31 May 2024SEK 11.5tSEK 6.0tSEK 512.8b22.9x22.5x1.9x
Sun, 28 Apr 2024SEK 11.1tSEK 6.1tSEK 559.6b21.7x19.9x1.8x
Tue, 26 Mar 2024SEK 11.3tSEK 6.0tSEK 515.4b21.4x22x1.9x
Thu, 22 Feb 2024SEK 10.8tSEK 6.0tSEK 478.5b21.3x22.5x1.8x
Sat, 20 Jan 2024SEK 10.1tSEK 6.1tSEK 452.7b21.4x22.2x1.7x
Mon, 18 Dec 2023SEK 10.5tSEK 6.0tSEK 441.4b20.8x23.8x1.7x
Wed, 15 Nov 2023SEK 9.5tSEK 6.0tSEK 447.7b19.8x21.3x1.6x
Fri, 13 Oct 2023SEK 9.5tSEK 6.0tSEK 493.0b17.5x19.2x1.6x
Sun, 10 Sep 2023SEK 9.4tSEK 6.0tSEK 489.3b18.4x19.1x1.6x
Tue, 08 Aug 2023SEK 9.6tSEK 5.9tSEK 488.3b19.5x19.7x1.6x
Thu, 06 Jul 2023SEK 9.8tSEK 5.7tSEK 412.1b19x23.7x1.7x
Sat, 03 Jun 2023SEK 10.1tSEK 5.6tSEK 411.1b19.4x24.5x1.8x
Mon, 01 May 2023SEK 10.2tSEK 5.6tSEK 420.7b19.8x24.2x1.8x
Wed, 29 Mar 2023SEK 8.5tSEK 5.3tSEK 402.2b18.5x21.2x1.6x
Fri, 24 Feb 2023SEK 9.2tSEK 5.3tSEK 432.3b18.9x21.2x1.7x
Sun, 22 Jan 2023SEK 9.6tSEK 5.1tSEK 498.3b17.1x19.3x1.9x
Tue, 20 Dec 2022SEK 9.1tSEK 5.1tSEK 510.8b15.6x17.8x1.8x
Thu, 17 Nov 2022SEK 9.3tSEK 5.1tSEK 510.7b16.1x18.2x1.8x
Sat, 15 Oct 2022SEK 8.3tSEK 4.9tSEK 570.0b14.8x14.6x1.7x
Mon, 12 Sep 2022SEK 9.0tSEK 4.8tSEK 573.3b16.2x15.7x1.9x
Wed, 10 Aug 2022SEK 9.4tSEK 4.8tSEK 572.4b16.5x16.4x2x
Fri, 08 Jul 2022SEK 9.2tSEK 4.7tSEK 665.1b16.1x13.8x1.9x
Sun, 05 Jun 2022SEK 10.2tSEK 4.7tSEK 659.5b18x15.5x2.2x
Tue, 03 May 2022SEK 10.0tSEK 4.7tSEK 639.5b18.8x15.7x2.1x
Thu, 31 Mar 2022SEK 11.1tSEK 4.9tSEK 828.0b20x13.5x2.3x
Sat, 26 Feb 2022SEK 10.5tSEK 4.9tSEK 815.1b19.6x12.9x2.2x
Price to Earnings Ratio

12.9x


Total Market Cap: SEK 10.5tTotal Earnings: SEK 815.1bTotal 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 22.9x 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 6.4% 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 Market2.78%
Energy5.03%
Industrials4.40%
Materials3.86%
Financials2.95%
Healthcare1.79%
Consumer Discretionary1.64%
Consumer Staples1.47%
Tech1.25%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Telecom-0.22%
Utilities-0.96%
Real Estate-1.99%
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 (31.3%) 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 78% 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
VOLV B AB VolvoSEK 336.006.6%
+SEK 42.5b		22.6%PE13.6xIndustrials
SAAB B SaabSEK 286.0031.0%
+SEK 36.2b		43.1%PE36.7xIndustrials
INVE A InvestorSEK 323.903.2%
+SEK 30.9b		27.9%PE8.8xFinancials
ATCO A Atlas CopcoSEK 190.503.2%
+SEK 28.7b		9.1%PE31.2xIndustrials
SAND SandvikSEK 240.805.2%
+SEK 14.8b		8.1%PE24.7xIndustrials
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 UsCareersPlans & PricingLogin
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

🛢️🔥 Oil & Gas: Near-Term Volatility vs Long-Term Trends

Richard Bowman avatar
Richard Bowman
|
|

5 comments

The oil and gas sector is inherently uncertain, but 2025 is shaping up to be even more so. Donald Trump's trade negotiations, efforts to resolve international conflicts...
Continue reading
🔐 Cybersecurity in 2025: Higher Stakes, Bigger Opportunity
Last Week

🔐 Cybersecurity in 2025: Higher Stakes, Bigger Opportunity

Latest News

EMBRAC B

SEK 125.70

Embracer Group

7D

-14.3%

1Y

25.3%

SAAB B

SEK 286.00

Saab

7D

31.0%

1Y

43.1%

SWED A

SEK 259.80

Swedbank

7D

4.0%

1Y

19.2%

Swedbank's (STO:SWED A) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 17
Swedbank's (STO:SWED A) Shareholders Will Receive A Bigger Dividend Than Last Year

NCAB

SEK 56.65

NCAB Group

7D

-14.6%

1Y

-21.8%

NCAB Group AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 16
NCAB Group AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

BALD B

SEK 77.60

Fastighets AB Balder

7D

-2.7%

1Y

18.9%

NIBE B

SEK 42.54

NIBE Industrier

7D

-7.6%

1Y

-28.3%

YUBICO

SEK 220.00

Yubico

7D

-10.4%

1Y

-1.1%

SAND

SEK 240.80

Sandvik

7D

5.2%

1Y

8.1%

Sandvik's (STO:SAND) Dividend Will Be Increased To SEK5.75

Feb 13
Sandvik's (STO:SAND) Dividend Will Be Increased To SEK5.75

VOLV B

SEK 336.00

AB Volvo

7D

6.6%

1Y

22.6%

AKEL D

€1.62

Akelius Residential Property

7D

-1.3%

1Y

9.5%

EPI A

SEK 219.30

Epiroc

7D

4.6%

1Y

13.5%

Epiroc (STO:EPI A) Will Pay A Dividend Of SEK1.90

Feb 07
Epiroc (STO:EPI A) Will Pay A Dividend Of SEK1.90

ATCO A

SEK 190.50

Atlas Copco

7D

3.2%

1Y

9.1%

HM B

SEK 144.95

H & M Hennes & Mauritz

7D

-3.5%

1Y

1.7%

SEB A

SEK 169.45

Skandinaviska Enskilda Banken

7D

4.4%

1Y

11.1%

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 323.90

Investor

7D

3.2%

1Y

27.9%

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

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

SAGA A

SEK 231.00

AB Sagax

7D

-1.7%

1Y

-9.4%

When Should You Buy AB Sagax (publ) (STO:SAGA A)?

Jan 21
When Should You Buy AB Sagax (publ) (STO:SAGA A)?