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Swedish (OMX) Market Analysis & Valuation

UpdatedMar 02, 2025
DataAggregated Company Financials
Companies875
  • 7D-0.5%
  • 3M5.7%
  • 1Y9.9%
  • YTD6.7%

The Utilities sector gained 3.3% while the market remained flat over the last week. More promisingly, the market is up 9.9% over the past year. Earnings are forecast to grow by 9.5% annually.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Mar 2025SEK 11.7tSEK 5.9tSEK 547.2b22.9x21.3x2x
Tue, 28 Jan 2025SEK 11.4tSEK 5.9tSEK 502.9b23.1x22.8x1.9x
Thu, 26 Dec 2024SEK 10.7tSEK 6.0tSEK 588.0b22.9x18.2x1.8x
Sat, 23 Nov 2024SEK 10.7tSEK 6.0tSEK 586.6b21.5x18.2x1.8x
Mon, 21 Oct 2024SEK 11.2tSEK 6.0tSEK 559.9b23.7x20.1x1.9x
Wed, 18 Sep 2024SEK 11.6tSEK 6.1tSEK 554.3b23.8x21x1.9x
Fri, 16 Aug 2024SEK 11.4tSEK 6.1tSEK 549.3b23.2x20.7x1.9x
Sun, 14 Jul 2024SEK 11.8tSEK 6.1tSEK 501.5b23.7x23.6x2x
Tue, 11 Jun 2024SEK 11.6tSEK 6.0tSEK 511.6b23.2x22.7x1.9x
Thu, 09 May 2024SEK 11.4tSEK 6.1tSEK 566.8b22.8x20.1x1.9x
Sat, 06 Apr 2024SEK 11.2tSEK 6.0tSEK 517.4b21.6x21.7x1.9x
Mon, 04 Mar 2024SEK 11.0tSEK 6.0tSEK 514.6b21.2x21.4x1.8x
Wed, 31 Jan 2024SEK 10.6tSEK 6.0tSEK 476.4b21.7x22.2x1.8x
Fri, 29 Dec 2023SEK 10.6tSEK 6.0tSEK 440.3b22x24x1.8x
Sun, 26 Nov 2023SEK 9.8tSEK 6.0tSEK 445.7b19.5x21.9x1.6x
Tue, 24 Oct 2023SEK 8.8tSEK 6.0tSEK 446.1b17.2x19.8x1.5x
Thu, 21 Sep 2023SEK 9.5tSEK 6.0tSEK 488.8b18.3x19.4x1.6x
Sat, 19 Aug 2023SEK 9.3tSEK 5.9tSEK 491.1b18.6x18.9x1.6x
Mon, 17 Jul 2023SEK 9.7tSEK 5.7tSEK 383.1b18.9x25.3x1.7x
Wed, 14 Jun 2023SEK 10.2tSEK 5.6tSEK 411.0b19.4x24.7x1.8x
Fri, 12 May 2023SEK 10.0tSEK 5.6tSEK 408.6b19.8x24.4x1.8x
Sun, 09 Apr 2023SEK 9.0tSEK 5.3tSEK 421.3b19.3x21.3x1.7x
Tue, 07 Mar 2023SEK 9.3tSEK 5.3tSEK 403.1b19.4x23x1.8x
Thu, 02 Feb 2023SEK 9.1tSEK 5.2tSEK 477.2b17.3x19.1x1.8x
Sat, 31 Dec 2022SEK 9.3tSEK 5.1tSEK 511.6b15.7x18.1x1.8x
Mon, 28 Nov 2022SEK 9.4tSEK 5.1tSEK 510.5b16.5x18.5x1.9x
Wed, 26 Oct 2022SEK 8.8tSEK 4.9tSEK 555.5b15.4x15.9x1.8x
Fri, 23 Sep 2022SEK 8.3tSEK 4.9tSEK 572.8b14.7x14.5x1.7x
Sun, 21 Aug 2022SEK 9.5tSEK 4.8tSEK 574.5b16.7x16.5x2x
Tue, 19 Jul 2022SEK 8.9tSEK 4.7tSEK 557.8b16.3x16x1.9x
Thu, 16 Jun 2022SEK 9.3tSEK 4.7tSEK 662.5b16.4x14x2x
Sat, 14 May 2022SEK 9.4tSEK 4.7tSEK 662.6b17.7x14.2x2x
Mon, 11 Apr 2022SEK 10.9tSEK 4.7tSEK 797.4b19.9x13.6x2.3x
Wed, 09 Mar 2022SEK 10.0tSEK 4.9tSEK 835.0b18.5x12x2x
Price to Earnings Ratio

12x


Total Market Cap: SEK 10.0tTotal Earnings: SEK 835.0bTotal 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 relatively neutral on the Swedish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 19.6x.
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 6.2% 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-0.54%
Utilities3.27%
Real Estate1.69%
Consumer Staples1.59%
Telecom0.65%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Healthcare-0.40%
Financials-0.60%
Materials-0.70%
Industrials-0.93%
Consumer Discretionary-1.04%
Tech-1.13%
Energy-8.58%
Sector PE
  • Investors favour the Utilities 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 46.5% which is higher than its past year's earnings decline of 19.1% 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 15% 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 319.557.6%
+SEK 12.2b		55.6%PE41xIndustrials
VOLV B AB VolvoSEK 333.001.5%
+SEK 10.0b		14.8%PE13.4xIndustrials
ERIC B Telefonaktiebolaget LM EricssonSEK 88.163.4%
+SEK 9.5b		56.5%PE14690.4xTech
SEB A Skandinaviska Enskilda BankenSEK 172.651.9%
+SEK 6.6b		12.7%PB1.5xFinancials
ESSITY B EssitySEK 296.503.1%
+SEK 6.1b		22.4%PE17.2xConsumer Staples
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Latest News

LIFCO B

SEK 367.60

Lifco

7D

-4.0%

1Y

31.9%

These 4 Measures Indicate That Lifco (STO:LIFCO B) Is Using Debt Reasonably Well

Mar 01
These 4 Measures Indicate That Lifco (STO:LIFCO B) Is Using Debt Reasonably Well

TELIA

SEK 35.00

Telia Company

7D

2.8%

1Y

42.6%

ERIC B

SEK 88.16

Telefonaktiebolaget LM Ericsson

7D

3.4%

1Y

56.5%

INDT

SEK 305.80

Indutrade

7D

-4.1%

1Y

9.3%

Indutrade's (STO:INDT) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 26
Indutrade's (STO:INDT) Shareholders Will Receive A Bigger Dividend Than Last Year

VOLV B

SEK 333.00

AB Volvo

7D

1.5%

1Y

14.8%

AB Volvo's (STO:VOLV B) Dividend Will Be Increased To SEK18.50

Feb 26
AB Volvo's (STO:VOLV B) Dividend Will Be Increased To SEK18.50

SAAB B

SEK 319.55

Saab

7D

7.6%

1Y

55.6%

Why Investors Shouldn't Be Surprised By Saab AB (publ)'s (STO:SAAB B) 28% Share Price Surge

Feb 25
Why Investors Shouldn't Be Surprised By Saab AB (publ)'s (STO:SAAB B) 28% Share Price Surge

EQT

SEK 333.30

EQT

7D

-4.7%

1Y

8.4%

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

Feb 25
EQT's (STO:EQT) Shareholders Will Receive A Bigger Dividend Than Last Year

LATO B

SEK 291.20

Investment AB Latour

7D

-2.7%

1Y

10.3%

SWED A

SEK 258.30

Swedbank

7D

1.4%

1Y

12.7%

ESSITY B

SEK 296.50

Essity

7D

3.1%

1Y

22.4%

SEB A

SEK 172.65

Skandinaviska Enskilda Banken

7D

1.9%

1Y

12.7%

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

EPI A

SEK 209.60

Epiroc

7D

-4.1%

1Y

9.8%

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

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

HEXA B

SEK 122.45

Hexagon

7D

-3.5%

1Y

0.2%

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

SAND

SEK 232.70

Sandvik

7D

-1.5%

1Y

-0.4%

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

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

ATCO A

SEK 182.75

Atlas Copco

7D

-1.6%

1Y

1.5%

HM B

SEK 144.15

H & M Hennes & Mauritz

7D

1.9%

1Y

2.2%