Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Swedish (OMX) Market Analysis & Valuation

UpdatedApr 12, 2025
DataAggregated Company Financials
Companies875
  • 7D-1.0%
  • 3M-9.4%
  • 1Y-8.9%
  • YTD-10.4%

Over the last 7 days, the market has dropped 1.0%, driven by a loss of 5.4% in the Information Technology sector. As for last year, the market is also down 8.9%. Looking forward, earnings are forecast to grow by 13% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 12 Apr 2025SEK 9.9tSEK 5.9tSEK 536.9b20.3x18.4x1.7x
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
Price to Earnings Ratio

13.5x


Total Market Cap: SEK 10.7tTotal Earnings: SEK 795.7bTotal Revenue: SEK 4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 19.9x202320242025
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 19.9x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 12% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.6% 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-1.03%
Energy6.18%
Consumer Discretionary1.65%
Industrials0.093%
Financials-0.46%
Utilities-0.75%
Telecom-1.56%
Healthcare-1.99%
Materials-2.63%
Consumer Staples-3.10%
Real Estate-4.09%
Tech-5.43%
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 27.7%, 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 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 33% 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
ATCO A Atlas CopcoSEK 148.553.7%
+SEK 25.6b		-18.7%PE24.3xIndustrials
SAAB B SaabSEK 413.909.1%
+SEK 18.5b		80.1%PE53.1xIndustrials
EVO EvolutionSEK 790.208.1%
+SEK 12.1b		-39.1%PE11.7xConsumer Discretionary
SHB A Svenska HandelsbankenSEK 108.404.8%
+SEK 9.8b		-1.0%PB1xFinancials
SWED A SwedbankSEK 211.003.9%
+SEK 9.0b		-2.1%PB1.1xFinancials
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

Gold Is Shining While Everything Else Loses Its Luster

Richard Bowman avatar
Richard Bowman
|
|

5 comments

Markets have been setting all kinds of records lately, some good, some less so. Major indexes have posted some of the biggest one-day point moves in history. In percentage terms...
Continue reading
🌍 Beyond the US: Global Markets After Yet Another Tariff Update
Last Week

🌍 Beyond the US: Global Markets After Yet Another Tariff Update

Latest News

HEXA B

SEK 84.68

Hexagon

7D

-12.4%

1Y

-31.9%

Hexagon AB (publ)'s (STO:HEXA B) Popularity With Investors Under Threat As Stock Sinks 25%

Apr 12
Hexagon AB (publ)'s (STO:HEXA B) Popularity With Investors Under Threat As Stock Sinks 25%

INVE A

SEK 269.40

Investor

7D

-2.0%

1Y

3.9%

Investor (STO:INVE A) Will Pay A Larger Dividend Than Last Year At SEK3.75

Apr 11
Investor (STO:INVE A) Will Pay A Larger Dividend Than Last Year At SEK3.75

SAAB B

SEK 413.90

Saab

7D

9.1%

1Y

80.1%

HM B

SEK 131.15

H & M Hennes & Mauritz

7D

2.3%

1Y

-20.2%

H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

Apr 10
H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

ALFA

SEK 383.90

Alfa Laval

7D

-4.2%

1Y

-8.4%

Alfa Laval's (STO:ALFA) Dividend Will Be Increased To SEK8.50

Apr 09
Alfa Laval's (STO:ALFA) Dividend Will Be Increased To SEK8.50

SAVE

SEK 237.40

Nordnet

7D

5.6%

1Y

28.2%

EQT

SEK 249.20

EQT

7D

-2.8%

1Y

-22.8%

EQT (STO:EQT) Has Announced That It Will Be Increasing Its Dividend To €2.15

Apr 08
EQT (STO:EQT) Has Announced That It Will Be Increasing Its Dividend To €2.15

ATCO A

SEK 148.55

Atlas Copco

7D

3.7%

1Y

-18.7%

Risks Still Elevated At These Prices As Atlas Copco AB (publ) (STO:ATCO A) Shares Dive 25%

Apr 08
Risks Still Elevated At These Prices As Atlas Copco AB (publ) (STO:ATCO A) Shares Dive 25%

VOLV B

SEK 241.70

AB Volvo

7D

-1.4%

1Y

-15.0%

AB Volvo (publ) (STO:VOLV B) Not Doing Enough For Some Investors As Its Shares Slump 30%

Apr 08
AB Volvo (publ) (STO:VOLV B) Not Doing Enough For Some Investors As Its Shares Slump 30%

INDU A

SEK 311.00

AB Industrivärden

7D

-5.3%

1Y

-12.8%

EPI A

SEK 184.10

Epiroc

7D

1.2%

1Y

-13.9%

Epiroc (STO:EPI A) Has Announced A Dividend Of SEK1.90

Apr 03
Epiroc (STO:EPI A) Has Announced A Dividend Of SEK1.90

SOBI

SEK 254.20

Swedish Orphan Biovitrum

7D

-7.6%

1Y

0.6%

ESSITY B

SEK 276.50

Essity

7D

-4.0%

1Y

9.5%

SWED A

SEK 211.00

Swedbank

7D

3.9%

1Y

-2.1%

SHB A

SEK 108.40

Svenska Handelsbanken

7D

4.8%

1Y

-1.0%

EVO

SEK 790.20

Evolution

7D

8.1%

1Y

-39.1%