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Swedish (OMX) Market Analysis & Valuation

UpdatedMar 10, 2025
DataAggregated Company Financials
Companies875
  • 7D-1.5%
  • 3M2.9%
  • 1Y8.2%
  • YTD5.4%

Over the last 7 days, the market has dropped 1.5%, driven by a loss of 2.7% in the Financials sector. In contrast to the last week, the market is actually up 8.2% over the past year. As for the next few years, earnings are expected to grow by 9.4% per annum.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Mar 2025SEK 11.5tSEK 5.9tSEK 548.0b22.3x21x2x
Wed, 05 Feb 2025SEK 11.4tSEK 5.9tSEK 512.3b23.2x22.3x1.9x
Fri, 03 Jan 2025SEK 10.9tSEK 6.0tSEK 587.9b23.5x18.5x1.8x
Sun, 01 Dec 2024SEK 10.9tSEK 6.0tSEK 589.8b22.9x18.4x1.8x
Tue, 29 Oct 2024SEK 11.2tSEK 5.9tSEK 572.3b23.4x19.6x1.9x
Thu, 26 Sep 2024SEK 11.8tSEK 6.1tSEK 554.1b23.5x21.3x1.9x
Sat, 24 Aug 2024SEK 11.6tSEK 6.1tSEK 548.7b23.1x21.1x1.9x
Mon, 22 Jul 2024SEK 11.6tSEK 6.1tSEK 546.7b23.3x21.3x1.9x
Wed, 19 Jun 2024SEK 11.4tSEK 6.0tSEK 511.1b23.1x22.2x1.9x
Fri, 17 May 2024SEK 11.6tSEK 6.1tSEK 533.9b22.8x21.8x1.9x
Sun, 14 Apr 2024SEK 11.1tSEK 6.0tSEK 523.3b21.9x21.3x1.8x
Tue, 12 Mar 2024SEK 11.1tSEK 6.0tSEK 513.3b20.6x21.5x1.8x
Thu, 08 Feb 2024SEK 10.5tSEK 6.0tSEK 508.6b21.6x20.7x1.8x
Sat, 06 Jan 2024SEK 10.3tSEK 6.0tSEK 440.8b22x23.4x1.7x
Mon, 04 Dec 2023SEK 9.8tSEK 6.0tSEK 442.0b20.4x22.2x1.6x
Wed, 01 Nov 2023SEK 8.9tSEK 6.0tSEK 450.9b17.8x19.8x1.5x
Fri, 29 Sep 2023SEK 9.2tSEK 6.0tSEK 489.3b17.4x18.7x1.5x
Sun, 27 Aug 2023SEK 9.2tSEK 6.0tSEK 489.8b18.5x18.9x1.6x
Tue, 25 Jul 2023SEK 9.8tSEK 5.9tSEK 483.6b19.4x20.2x1.7x
Thu, 22 Jun 2023SEK 9.8tSEK 5.7tSEK 412.1b19.1x23.9x1.7x
Sat, 20 May 2023SEK 10.1tSEK 5.6tSEK 400.9b19.5x25.2x1.8x
Mon, 17 Apr 2023SEK 9.3tSEK 5.3tSEK 409.8b19.9x22.7x1.7x
Wed, 15 Mar 2023SEK 8.9tSEK 5.3tSEK 403.0b19.1x22.1x1.7x
Fri, 10 Feb 2023SEK 9.3tSEK 5.2tSEK 462.8b17.6x20x1.8x
Sun, 08 Jan 2023SEK 9.3tSEK 5.1tSEK 505.3b16.2x18.4x1.8x
Tue, 06 Dec 2022SEK 9.5tSEK 5.1tSEK 502.4b16.7x19x1.9x
Thu, 03 Nov 2022SEK 8.8tSEK 5.1tSEK 515.4b15.4x17.2x1.7x
Sat, 01 Oct 2022SEK 8.3tSEK 4.9tSEK 569.5b14.4x14.5x1.7x
Mon, 29 Aug 2022SEK 9.0tSEK 4.8tSEK 572.7b16.6x15.8x1.9x
Wed, 27 Jul 2022SEK 9.3tSEK 4.8tSEK 560.8b16.4x16.5x1.9x
Fri, 24 Jun 2022SEK 8.7tSEK 4.7tSEK 663.1b15.8x13.2x1.9x
Sun, 22 May 2022SEK 9.8tSEK 4.7tSEK 661.5b17.5x14.8x2.1x
Tue, 19 Apr 2022SEK 10.7tSEK 4.7tSEK 795.7b20x13.5x2.3x
Thu, 17 Mar 2022SEK 11.1tSEK 4.9tSEK 825.6b19.8x13.5x2.3x
Price to Earnings Ratio

13.5x


Total Market Cap: SEK 11.1tTotal Earnings: SEK 825.6bTotal Revenue: SEK 4.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 19.7x202320242025
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 19.7x.
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 6.4% 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 Market-1.49%
Industrials0.65%
Materials-0.06%
Consumer Staples-0.52%
Consumer Discretionary-1.22%
Utilities-2.69%
Financials-2.73%
Telecom-2.92%
Tech-2.97%
Healthcare-5.27%
Real Estate-5.72%
Energy-6.33%
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 29.8%, which is higher than its past year's earnings growth of 20.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 100% over the next 5 years.
  • This is better than its past earnings decline of 78% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 22% 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 359.4512.5%
+SEK 21.4b		74.9%PE46.1xIndustrials
ATCO A Atlas CopcoSEK 183.401.2%
+SEK 10.2b		2.4%PE30xIndustrials
ASSA B ASSA ABLOYSEK 337.002.3%
+SEK 8.3b		11.9%PE23.9xIndustrials
SEB A Skandinaviska Enskilda BankenSEK 177.601.2%
+SEK 4.1b		16.2%PB1.6xFinancials
NIBE B NIBE IndustrierSEK 41.714.9%
+SEK 3.9b		-28.9%PE71.7xIndustrials
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SAAB B

SEK 359.45

Saab

7D

12.5%

1Y

74.9%

EPI A

SEK 211.50

Epiroc

7D

0.9%

1Y

7.6%

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ATCO A

SEK 183.40

Atlas Copco

7D

1.2%

1Y

2.4%

Atlas Copco (STO:ATCO A) Will Pay A Larger Dividend Than Last Year At SEK1.50

Mar 05
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HEXA B

SEK 119.15

Hexagon

7D

-2.9%

1Y

-4.6%

ASSA B

SEK 337.00

ASSA ABLOY

7D

2.3%

1Y

11.9%

SEB A

SEK 177.60

Skandinaviska Enskilda Banken

7D

1.2%

1Y

16.2%

ERIC B

SEK 86.82

Telefonaktiebolaget LM Ericsson

7D

-2.7%

1Y

51.5%

VOLV B

SEK 333.50

AB Volvo

7D

-1.2%

1Y

12.5%

NIBE B

SEK 41.71

NIBE Industrier

7D

4.9%

1Y

-28.9%

SAGA A

SEK 213.00

AB Sagax

7D

-5.8%

1Y

-18.4%

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Feb 28
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SOBI

SEK 294.40

Swedish Orphan Biovitrum

7D

-8.2%

1Y

5.3%

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Feb 28
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EQT

SEK 311.00

EQT

7D

-6.9%

1Y

-5.5%

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

Feb 25
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BALD B

SEK 67.14

Fastighets AB Balder

7D

-11.9%

1Y

-6.7%

AXFO

SEK 238.20

Axfood

7D

4.4%

1Y

-19.0%

HM B

SEK 144.70

H & M Hennes & Mauritz

7D

1.6%

1Y

1.3%

INVE A

SEK 311.70

Investor

7D

-3.7%

1Y

19.8%

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

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