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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%. In the last year, the market has climbed 15%. As for the next few years, earnings are expected to grow by 10% per annum.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Feb 2025SEK 11.9tSEK 5.9tSEK 519.8b24x22.9x2x
Sat, 18 Jan 2025SEK 11.2tSEK 6.0tSEK 588.5b23.1x19x1.9x
Mon, 16 Dec 2024SEK 11.0tSEK 6.0tSEK 588.0b23.2x18.7x1.8x
Wed, 13 Nov 2024SEK 10.8tSEK 6.0tSEK 587.8b22.3x18.4x1.8x
Fri, 11 Oct 2024SEK 11.2tSEK 5.9tSEK 495.0b23.6x22.6x1.9x
Sun, 08 Sep 2024SEK 11.3tSEK 6.1tSEK 553.7b23.4x20.3x1.8x
Tue, 06 Aug 2024SEK 10.9tSEK 6.1tSEK 543.8b22x20x1.8x
Thu, 04 Jul 2024SEK 11.5tSEK 6.1tSEK 513.5b22.5x22.3x1.9x
Sat, 01 Jun 2024SEK 11.6tSEK 6.0tSEK 512.2b23.3x22.6x1.9x
Mon, 29 Apr 2024SEK 11.1tSEK 6.1tSEK 559.8b21.7x19.9x1.8x
Wed, 27 Mar 2024SEK 11.4tSEK 6.0tSEK 515.6b21.6x22.1x1.9x
Fri, 23 Feb 2024SEK 10.8tSEK 6.0tSEK 479.1b21.3x22.6x1.8x
Sun, 21 Jan 2024SEK 10.1tSEK 6.1tSEK 452.7b21.4x22.2x1.7x
Tue, 19 Dec 2023SEK 10.5tSEK 6.0tSEK 441.2b21x23.8x1.7x
Thu, 16 Nov 2023SEK 9.6tSEK 6.0tSEK 446.9b20x21.5x1.6x
Sat, 14 Oct 2023SEK 9.3tSEK 6.0tSEK 493.1b17.5x18.9x1.6x
Mon, 11 Sep 2023SEK 9.4tSEK 6.0tSEK 489.3b18.4x19.1x1.6x
Wed, 09 Aug 2023SEK 9.6tSEK 5.9tSEK 489.0b19.4x19.6x1.6x
Fri, 07 Jul 2023SEK 9.6tSEK 5.7tSEK 415.6b18.8x23x1.7x
Sun, 04 Jun 2023SEK 10.1tSEK 5.6tSEK 411.1b19.3x24.5x1.8x
Tue, 02 May 2023SEK 10.2tSEK 5.6tSEK 425.4b20x23.9x1.8x
Thu, 30 Mar 2023SEK 8.7tSEK 5.3tSEK 402.6b19x21.6x1.6x
Sat, 25 Feb 2023SEK 9.0tSEK 5.3tSEK 410.4b18.9x22x1.7x
Mon, 23 Jan 2023SEK 9.6tSEK 5.1tSEK 498.3b17.1x19.3x1.9x
Wed, 21 Dec 2022SEK 9.0tSEK 5.1tSEK 511.1b15.6x17.7x1.8x
Fri, 18 Nov 2022SEK 9.2tSEK 5.1tSEK 511.9b15.9x18x1.8x
Sun, 16 Oct 2022SEK 8.3tSEK 4.9tSEK 570.0b14.8x14.6x1.7x
Tue, 13 Sep 2022SEK 9.2tSEK 4.8tSEK 572.9b16.5x16.1x1.9x
Thu, 11 Aug 2022SEK 9.6tSEK 4.8tSEK 572.5b16.7x16.8x2x
Sat, 09 Jul 2022SEK 9.2tSEK 4.7tSEK 667.4b16.4x13.8x2x
Mon, 06 Jun 2022SEK 10.2tSEK 4.7tSEK 661.9b17.9x15.4x2.2x
Wed, 04 May 2022SEK 10.0tSEK 4.7tSEK 664.1b19x15.1x2.1x
Fri, 01 Apr 2022SEK 11.0tSEK 4.9tSEK 828.2b19.6x13.3x2.3x
Sun, 27 Feb 2022SEK 10.8tSEK 4.9tSEK 827.4b20.1x13x2.2x
Price to Earnings Ratio

13x


Total Market Cap: SEK 10.8tTotal Earnings: SEK 827.4bTotal 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
SAAB B SaabSEK 294.0529.8%
+SEK 36.1b
52.3%PE37.7xIndustrials
AKEL D Akelius Residential Property€1.8813.8%
+€1.4b
23.6%PS31.9xReal Estate
VOLV B AB VolvoSEK 329.701.3%
+SEK 8.5b
18.5%PE13.3xIndustrials
SEB A Skandinaviska Enskilda BankenSEK 167.651.8%
+SEK 6.1b
10.7%PB1.5xFinancials
SHB A Svenska HandelsbankenSEK 131.552.0%
+SEK 5.0b
7.8%PB1.2xFinancials
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SHB A

SEK 131.10

Svenska Handelsbanken

7D

2.5%

1Y

6.0%

EMBRAC B

SEK 123.35

Embracer Group

7D

-17.2%

1Y

22.4%

EQT

SEK 357.90

EQT

7D

-0.6%

1Y

28.3%

SAAB B

SEK 294.15

Saab

7D

35.2%

1Y

48.0%

BALD B

SEK 75.78

Fastighets AB Balder

7D

-4.9%

1Y

20.1%

NIBE B

SEK 40.28

NIBE Industrier

7D

-12.6%

1Y

-32.4%

YUBICO

SEK 211.50

Yubico

7D

-14.5%

1Y

-2.8%

VOLCAR B

SEK 23.51

Volvo Car AB (publ.)

7D

10.7%

1Y

-37.8%

AKEL D

€1.88

Akelius Residential Property

7D

13.8%

1Y

27.8%

HM B

SEK 142.15

H & M Hennes & Mauritz

7D

-5.4%

1Y

-1.1%

LUND B

SEK 530.00

L E Lundbergföretagen

7D

-1.9%

1Y

-4.5%