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Swedish (OMX) Market Analysis & Valuation

UpdatedMay 01, 2025
DataAggregated Company Financials
Companies869
  • 7D1.8%
  • 3M-8.9%
  • 1Y-2.8%
  • YTD-3.5%

Over the last 7 days, the market has risen 1.8%, driven by gains in the Financials and Industrials sectors of 3.8% and 2.0%, respectively. In contrast, the Consumer Discretionary sector is lagging, dropping 5.4%. As for last year, the market performance has been flat. Earnings are forecast to grow by 17% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 May 2025SEK 10.6tSEK 5.8tSEK 463.2b21.5x22.9x1.8x
Sat, 29 Mar 2025SEK 10.9tSEK 5.9tSEK 547.2b21.4x20x1.9x
Mon, 24 Feb 2025SEK 11.7tSEK 5.9tSEK 537.9b23.3x21.8x2x
Wed, 22 Jan 2025SEK 11.3tSEK 6.0tSEK 588.6b23.4x19.2x1.9x
Fri, 20 Dec 2024SEK 10.7tSEK 6.0tSEK 587.9b23.1x18.2x1.8x
Sun, 17 Nov 2024SEK 10.7tSEK 6.0tSEK 586.6b22.2x18.3x1.8x
Tue, 15 Oct 2024SEK 11.2tSEK 5.9tSEK 496.0b23.7x22.6x1.9x
Thu, 12 Sep 2024SEK 11.3tSEK 6.1tSEK 553.9b23.8x20.4x1.9x
Sat, 10 Aug 2024SEK 11.2tSEK 6.1tSEK 549.0b22.9x20.3x1.8x
Mon, 08 Jul 2024SEK 11.5tSEK 6.1tSEK 514.8b23x22.3x1.9x
Wed, 05 Jun 2024SEK 11.5tSEK 6.0tSEK 513.2b23x22.4x1.9x
Fri, 03 May 2024SEK 11.1tSEK 6.1tSEK 559.8b22.4x19.8x1.8x
Sun, 31 Mar 2024SEK 11.3tSEK 6.0tSEK 516.3b21.6x21.9x1.9x
Tue, 27 Feb 2024SEK 10.9tSEK 6.0tSEK 485.8b21.1x22.4x1.8x
Thu, 25 Jan 2024SEK 10.3tSEK 6.0tSEK 451.8b21.4x22.8x1.7x
Sat, 23 Dec 2023SEK 10.5tSEK 6.0tSEK 440.2b21.9x23.9x1.7x
Mon, 20 Nov 2023SEK 9.6tSEK 6.0tSEK 445.7b19.4x21.6x1.6x
Wed, 18 Oct 2023SEK 9.3tSEK 6.0tSEK 492.2b17.4x18.9x1.6x
Fri, 15 Sep 2023SEK 9.4tSEK 6.0tSEK 489.4b18x19.3x1.6x
Sun, 13 Aug 2023SEK 9.6tSEK 5.9tSEK 489.3b19.5x19.6x1.6x
Tue, 11 Jul 2023SEK 9.6tSEK 5.7tSEK 410.1b19.1x23.4x1.7x
Thu, 08 Jun 2023SEK 10.1tSEK 5.6tSEK 411.5b19.2x24.6x1.8x
Sat, 06 May 2023SEK 10.1tSEK 5.6tSEK 411.3b20x24.4x1.8x
Mon, 03 Apr 2023SEK 9.0tSEK 5.3tSEK 402.7b19.2x22.4x1.7x
Wed, 01 Mar 2023SEK 9.2tSEK 5.3tSEK 404.6b19.3x22.6x1.7x
Fri, 27 Jan 2023SEK 9.1tSEK 5.1tSEK 516.2b17.1x17.5x1.8x
Sun, 25 Dec 2022SEK 9.1tSEK 5.1tSEK 511.7b15.6x17.9x1.8x
Tue, 22 Nov 2022SEK 9.3tSEK 5.1tSEK 512.1b16.3x18.1x1.8x
Thu, 20 Oct 2022SEK 8.5tSEK 4.9tSEK 568.5b15.1x15x1.8x
Sat, 17 Sep 2022SEK 8.7tSEK 4.9tSEK 573.7b15.5x15.2x1.8x
Mon, 15 Aug 2022SEK 9.7tSEK 4.8tSEK 573.4b17x16.9x2x
Wed, 13 Jul 2022SEK 9.2tSEK 4.7tSEK 662.9b16.3x13.9x2x
Fri, 10 Jun 2022SEK 9.9tSEK 4.7tSEK 662.8b17.6x14.9x2.1x
Sun, 08 May 2022SEK 9.6tSEK 4.7tSEK 665.7b18.1x14.4x2x
Price to Earnings Ratio

14.4x


Total Market Cap: SEK 9.6tTotal Earnings: SEK 665.7bTotal 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 7.4% 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 Market1.85%
Healthcare5.15%
Energy4.32%
Financials3.76%
Real Estate2.27%
Utilities2.16%
Industrials1.98%
Tech1.82%
Telecom1.33%
Materials-0.12%
Consumer Staples-0.91%
Consumer Discretionary-5.40%
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 28.6%, 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 29% 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 126.3510.3%
+SEK 23.5b		31.4%PB1.2xFinancials
VOLV B AB VolvoSEK 262.604.3%
+SEK 22.0b		-7.3%PE11.6xIndustrials
SWED A SwedbankSEK 239.908.2%
+SEK 20.4b		12.9%PB1.3xFinancials
INVE A InvestorSEK 286.801.8%
+SEK 15.3b		5.9%PE20.3xFinancials
SAAB B SaabSEK 447.906.2%
+SEK 14.3b		103.9%PE51.4xIndustrials
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Investor

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1Y

5.9%

THULE

SEK 220.00

Thule Group

7D

-16.5%

1Y

-29.9%

HEM

SEK 331.00

Hemnet Group

7D

-12.8%

1Y

14.5%

LATO B

SEK 260.80

Investment AB Latour

7D

-2.5%

1Y

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EVO

SEK 674.20

Evolution

7D

-17.9%

1Y

-45.3%

EQT

SEK 277.80

EQT

7D

3.9%

1Y

-8.1%

VOLV B

SEK 262.60

AB Volvo

7D

4.3%

1Y

-7.3%

ATCO A

SEK 149.85

Atlas Copco

7D

-1.9%

1Y

-23.3%

SWED A

SEK 239.90

Swedbank

7D

8.2%

1Y

12.9%

SEB A

SEK 152.45

Skandinaviska Enskilda Banken

7D

3.4%

1Y

4.9%

EPI A

SEK 208.80

Epiroc

7D

4.5%

1Y

1.0%

SAAB B

SEK 447.90

Saab

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1Y

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HM B

SEK 140.05

H & M Hennes & Mauritz

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1Y

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SHB A

SEK 126.35

Svenska Handelsbanken

7D

10.3%

1Y

31.4%