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Swedish (OMX) Market Analysis & Valuation

UpdatedMay 03, 2025
DataAggregated Company Financials
Companies870
  • 7D1.9%
  • 3M-8.0%
  • 1Y-1.3%
  • YTD-2.4%

Over the last 7 days, the market has remained flat, although notably the Healthcare sector gained 4.5% in that time. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 16% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 May 2025SEK 10.7tSEK 5.8tSEK 462.8b21.9x23.2x1.8x
Mon, 31 Mar 2025SEK 10.9tSEK 5.9tSEK 547.2b21.4x20x1.9x
Wed, 26 Feb 2025SEK 11.7tSEK 5.9tSEK 545.2b23.2x21.5x2x
Fri, 24 Jan 2025SEK 11.5tSEK 6.0tSEK 588.6b23.5x19.5x1.9x
Sun, 22 Dec 2024SEK 10.7tSEK 6.0tSEK 588.0b23x18.2x1.8x
Tue, 19 Nov 2024SEK 10.7tSEK 6.0tSEK 587.4b22.1x18.2x1.8x
Thu, 17 Oct 2024SEK 11.2tSEK 6.0tSEK 531.5b23.3x21.1x1.9x
Sat, 14 Sep 2024SEK 11.6tSEK 6.1tSEK 554.2b23.4x20.8x1.9x
Mon, 12 Aug 2024SEK 11.2tSEK 6.1tSEK 549.3b22.7x20.3x1.8x
Wed, 10 Jul 2024SEK 11.4tSEK 6.0tSEK 506.8b22.8x22.5x1.9x
Fri, 07 Jun 2024SEK 11.6tSEK 6.0tSEK 511.9b23.4x22.6x1.9x
Sun, 05 May 2024SEK 11.2tSEK 6.1tSEK 563.6b22.6x19.8x1.8x
Tue, 02 Apr 2024SEK 11.3tSEK 6.0tSEK 516.5b21.6x21.9x1.9x
Thu, 29 Feb 2024SEK 10.9tSEK 6.0tSEK 488.4b21.1x22.3x1.8x
Sat, 27 Jan 2024SEK 10.4tSEK 6.0tSEK 477.4b21.3x21.8x1.7x
Mon, 25 Dec 2023SEK 10.5tSEK 6.0tSEK 440.2b21.9x23.9x1.7x
Wed, 22 Nov 2023SEK 9.7tSEK 6.0tSEK 445.2b19.2x21.7x1.6x
Fri, 20 Oct 2023SEK 9.0tSEK 6.0tSEK 464.4b17.2x19.4x1.5x
Sun, 17 Sep 2023SEK 9.4tSEK 6.0tSEK 490.0b18.1x19.2x1.6x
Tue, 15 Aug 2023SEK 9.6tSEK 5.9tSEK 488.8b19.4x19.7x1.6x
Thu, 13 Jul 2023SEK 9.8tSEK 5.7tSEK 406.1b19.2x24x1.7x
Sat, 10 Jun 2023SEK 10.1tSEK 5.7tSEK 411.6b19.3x24.6x1.8x
Mon, 08 May 2023SEK 10.1tSEK 5.6tSEK 410.4b20.3x24.5x1.8x
Wed, 05 Apr 2023SEK 9.0tSEK 5.3tSEK 403.0b19.7x22.3x1.7x
Fri, 03 Mar 2023SEK 9.1tSEK 5.3tSEK 402.9b19.4x22.6x1.7x
Sun, 29 Jan 2023SEK 9.1tSEK 5.2tSEK 474.1b17.4x19.2x1.8x
Tue, 27 Dec 2022SEK 9.1tSEK 5.1tSEK 511.7b15.6x17.9x1.8x
Thu, 24 Nov 2022SEK 9.4tSEK 5.1tSEK 511.3b16x18.4x1.8x
Sat, 22 Oct 2022SEK 8.5tSEK 4.9tSEK 553.4b15.1x15.3x1.7x
Mon, 19 Sep 2022SEK 8.7tSEK 4.8tSEK 572.0b15.4x15.2x1.8x
Wed, 17 Aug 2022SEK 9.7tSEK 4.8tSEK 574.8b16.7x17x2x
Fri, 15 Jul 2022SEK 8.9tSEK 4.7tSEK 662.0b16.1x13.4x1.9x
Sun, 12 Jun 2022SEK 9.6tSEK 4.7tSEK 662.7b17.4x14.5x2x
Tue, 10 May 2022SEK 9.3tSEK 4.7tSEK 666.7b17.5x13.9x2x
Price to Earnings Ratio

13.9x


Total Market Cap: SEK 9.3tTotal Earnings: SEK 666.7bTotal Revenue: SEK 4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20x202320242025
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 20.0x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.5% 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 Market1.91%
Healthcare5.52%
Energy4.57%
Real Estate3.33%
Financials3.17%
Consumer Staples2.02%
Telecom1.91%
Industrials1.69%
Tech1.58%
Utilities0.60%
Materials0.46%
Consumer Discretionary-3.90%
Sector PE
  • Investors favour the Healthcare sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 28.9%, which is lower than the prior year's growth of 34.9% 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 17% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 27% 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
SHB A Svenska HandelsbankenSEK 126.609.3%
+SEK 21.3b
31.9%PB1.4xFinancials
SAAB B SaabSEK 463.008.6%
+SEK 19.8b
110.6%PE53.2xIndustrials
SWED A SwedbankSEK 241.907.4%
+SEK 18.8b
14.1%PB1.4xFinancials
SAGA A AB SagaxSEK 239.9512.8%
+SEK 12.6b
-13.4%PE21.2xReal Estate
INVE A InvestorSEK 290.401.3%
+SEK 11.6b
6.8%PE20.6xFinancials
See more
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Market Insights

The level of uncertainty has been off the charts lately. That’s why we’ve been talking about defensive strategies over the last few weeks. Playing defense is one way to take on an uncertain future...

Latest News

EPI A

SEK 213.80

Epiroc

7D

3.8%

1Y

4.1%

SHB A

SEK 126.60

Svenska Handelsbanken

7D

9.3%

1Y

31.9%

THULE

SEK 231.00

Thule Group

7D

-11.7%

1Y

-24.9%

SAGA A

SEK 239.95

AB Sagax

7D

12.8%

1Y

-13.4%

LATO B

SEK 264.90

Investment AB Latour

7D

-2.0%

1Y

-3.5%

INVE A

SEK 290.40

Investor

7D

1.3%

1Y

6.8%

EVO

SEK 682.60

Evolution

7D

-17.3%

1Y

-43.4%

SWED A

SEK 241.90

Swedbank

7D

7.4%

1Y

14.1%

SCA B

SEK 124.85

Svenska Cellulosa Aktiebolaget

7D

-2.0%

1Y

-23.1%