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Swedish (OMX) Market Analysis & Valuation

UpdatedFeb 23, 2025
DataAggregated Company Financials
Companies873
  • 7D-0.7%
  • 3M8.0%
  • 1Y12.1%
  • YTD7.2%

In the last week, the market has been flat, with a notable exception in the Consumer Discretionary sector dropping 3.0%. As for the longer term, the market has risen 12% in the past 12 months. As for the next few years, earnings are expected to grow by 9.6% per annum.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Feb 2025SEK 11.7tSEK 5.9tSEK 537.8b23.1x21.8x2x
Tue, 21 Jan 2025SEK 11.2tSEK 6.0tSEK 588.5b23x19x1.9x
Thu, 19 Dec 2024SEK 11.0tSEK 6.0tSEK 587.9b23.2x18.6x1.8x
Sat, 16 Nov 2024SEK 10.8tSEK 6.0tSEK 587.3b22.1x18.5x1.8x
Mon, 14 Oct 2024SEK 11.2tSEK 5.9tSEK 496.0b23.7x22.6x1.9x
Wed, 11 Sep 2024SEK 11.4tSEK 6.1tSEK 553.8b24.1x20.5x1.9x
Fri, 09 Aug 2024SEK 11.1tSEK 6.1tSEK 543.5b22.5x20.4x1.8x
Sun, 07 Jul 2024SEK 11.5tSEK 6.1tSEK 514.8b23x22.3x1.9x
Tue, 04 Jun 2024SEK 11.6tSEK 6.0tSEK 511.9b23x22.6x1.9x
Thu, 02 May 2024SEK 11.2tSEK 6.1tSEK 560.4b22.2x20x1.8x
Sat, 30 Mar 2024SEK 11.3tSEK 6.0tSEK 516.3b21.6x21.9x1.9x
Mon, 26 Feb 2024SEK 10.9tSEK 6.0tSEK 485.2b21x22.4x1.8x
Wed, 24 Jan 2024SEK 10.2tSEK 6.0tSEK 450.3b21.2x22.7x1.7x
Fri, 22 Dec 2023SEK 10.5tSEK 6.0tSEK 440.7b21.7x23.8x1.7x
Sun, 19 Nov 2023SEK 9.6tSEK 6.0tSEK 445.9b19.4x21.6x1.6x
Tue, 17 Oct 2023SEK 9.3tSEK 6.0tSEK 492.2b17.4x18.9x1.6x
Thu, 14 Sep 2023SEK 9.3tSEK 6.0tSEK 489.7b17.9x19x1.6x
Sat, 12 Aug 2023SEK 9.6tSEK 5.9tSEK 489.3b19.6x19.6x1.6x
Mon, 10 Jul 2023SEK 9.6tSEK 5.7tSEK 410.5b19x23.5x1.7x
Wed, 07 Jun 2023SEK 10.1tSEK 5.7tSEK 412.0b19.3x24.4x1.8x
Fri, 05 May 2023SEK 10.0tSEK 5.6tSEK 412.0b20x24.2x1.8x
Sun, 02 Apr 2023SEK 9.0tSEK 5.3tSEK 402.7b19.2x22.4x1.7x
Tue, 28 Feb 2023SEK 9.2tSEK 5.3tSEK 406.5b19.2x22.5x1.7x
Thu, 26 Jan 2023SEK 9.1tSEK 5.1tSEK 540.0b17.1x16.8x1.8x
Sat, 24 Dec 2022SEK 9.1tSEK 5.1tSEK 511.8b15.6x17.9x1.8x
Mon, 21 Nov 2022SEK 9.3tSEK 5.1tSEK 512.2b15.8x18.2x1.8x
Wed, 19 Oct 2022SEK 8.7tSEK 4.9tSEK 568.6b15.1x15.2x1.8x
Fri, 16 Sep 2022SEK 8.8tSEK 4.8tSEK 573.4b15.6x15.4x1.8x
Sun, 14 Aug 2022SEK 9.7tSEK 4.8tSEK 573.4b17x16.9x2x
Tue, 12 Jul 2022SEK 9.0tSEK 4.7tSEK 663.4b16.4x13.6x1.9x
Thu, 09 Jun 2022SEK 10.1tSEK 4.7tSEK 662.0b17.9x15.3x2.1x
Sat, 07 May 2022SEK 9.6tSEK 4.7tSEK 665.7b18.1x14.4x2x
Mon, 04 Apr 2022SEK 11.1tSEK 4.9tSEK 828.8b20.2x13.4x2.3x
Wed, 02 Mar 2022SEK 10.6tSEK 4.9tSEK 832.7b19.6x12.7x2.2x
Price to Earnings Ratio

12.7x


Total Market Cap: SEK 10.6tTotal Earnings: SEK 832.7bTotal Revenue: SEK 4.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 19.6x202320242025
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 21.8x which is higher than its 3-year average PE of 19.6x.
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 6.3% 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-0.68%
Telecom0.52%
Utilities0.31%
Consumer Staples0.16%
Energy0.14%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Materials-0.016%
Financials-0.23%
Industrials-0.35%
Healthcare-1.11%
Tech-1.24%
Real Estate-2.20%
Consumer Discretionary-3.00%
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 31.2%, 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 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 296.8521.4%
+SEK 28.0b		50.3%PE38.1xIndustrials
AKEL D Akelius Residential Property€1.8814.2%
+€1.4b		21.3%PS31.9xReal Estate
SHB A Svenska HandelsbankenSEK 134.453.4%
+SEK 8.7b		10.8%PB1.3xFinancials
INVE A InvestorSEK 320.400.9%
+SEK 8.6b		24.8%PE8.7xFinancials
SEB A Skandinaviska Enskilda BankenSEK 169.402.4%
+SEK 7.9b		12.6%PB1.5xFinancials
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Latest News

SAGA A

SEK 220.00

AB Sagax

7D

-7.2%

1Y

-12.4%

ESSITY B

SEK 287.60

Essity

7D

1.7%

1Y

18.1%

SEB A

SEK 169.40

Skandinaviska Enskilda Banken

7D

2.4%

1Y

12.6%

Skandinaviska Enskilda Banken (STO:SEB A) Is Paying Out A Dividend Of SEK11.50

Feb 21
Skandinaviska Enskilda Banken (STO:SEB A) Is Paying Out A Dividend Of SEK11.50

BIOA B

SEK 245.80

BioArctic

7D

15.7%

1Y

12.3%

SAAB B

SEK 296.85

Saab

7D

21.4%

1Y

50.3%

SHB A

SEK 134.45

Svenska Handelsbanken

7D

3.4%

1Y

10.8%

EPI A

SEK 218.60

Epiroc

7D

1.3%

1Y

12.5%

Epiroc (STO:EPI A) Seems To Use Debt Quite Sensibly

Feb 20
Epiroc (STO:EPI A) Seems To Use Debt Quite Sensibly

EQT

SEK 349.90

EQT

7D

-5.4%

1Y

19.3%

HEXA B

SEK 126.90

Hexagon

7D

-1.7%

1Y

4.2%

Hexagon (STO:HEXA B) Has Some Way To Go To Become A Multi-Bagger

Feb 17
Hexagon (STO:HEXA B) Has Some Way To Go To Become A Multi-Bagger

BALD B

SEK 74.76

Fastighets AB Balder

7D

-5.7%

1Y

14.2%

NIBE B

SEK 40.45

NIBE Industrier

7D

-9.4%

1Y

-29.0%

LIFCO B

SEK 383.00

Lifco

7D

-4.3%

1Y

37.5%

Subdued Growth No Barrier To Lifco AB (publ) (STO:LIFCO B) With Shares Advancing 28%

Feb 14
Subdued Growth No Barrier To Lifco AB (publ) (STO:LIFCO B) With Shares Advancing 28%

AKEL D

€1.88

Akelius Residential Property

7D

14.2%

1Y

21.3%

ATCO A

SEK 185.80

Atlas Copco

7D

-1.0%

1Y

4.1%

HM B

SEK 141.45

H & M Hennes & Mauritz

7D

-6.5%

1Y

0.2%

INVE A

SEK 320.40

Investor

7D

0.9%

1Y

24.8%

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

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