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Swedish (OMX) Market Analysis & Valuation

UpdatedMay 22, 2025
DataAggregated Company Financials
Companies864
  • 7D0.4%
  • 3M-6.7%
  • 1Y-3.7%
  • YTD0.3%

Over the last 7 days, the market has remained flat, although notably the Communication Services sector gained 4.8% in that time. The past year hasn't been profitable, with the market dropping 3.7%. Earnings are forecast to grow by 16% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 May 2025SEK 11.0tSEK 5.8tSEK 468.1b22.5x23.6x1.9x
Sat, 19 Apr 2025SEK 10.2tSEK 5.9tSEK 541.5b20.4x18.8x1.7x
Mon, 17 Mar 2025SEK 11.4tSEK 5.9tSEK 547.5b22.3x20.8x1.9x
Wed, 12 Feb 2025SEK 11.6tSEK 5.9tSEK 505.1b23.4x23x2x
Fri, 10 Jan 2025SEK 10.9tSEK 6.0tSEK 588.1b22.9x18.5x1.8x
Sun, 08 Dec 2024SEK 11.2tSEK 6.0tSEK 589.0b23.2x19.1x1.9x
Tue, 05 Nov 2024SEK 11.0tSEK 6.0tSEK 572.9b23x19.2x1.8x
Thu, 03 Oct 2024SEK 11.8tSEK 6.1tSEK 552.7b23.4x21.4x1.9x
Sat, 31 Aug 2024SEK 11.7tSEK 6.1tSEK 547.3b23.6x21.4x1.9x
Mon, 29 Jul 2024SEK 11.6tSEK 6.1tSEK 544.0b23.2x21.4x1.9x
Wed, 26 Jun 2024SEK 11.4tSEK 6.0tSEK 511.5b22.6x22.2x1.9x
Fri, 24 May 2024SEK 11.7tSEK 6.1tSEK 532.1b23.1x22.1x1.9x
Sun, 21 Apr 2024SEK 11.0tSEK 6.0tSEK 562.0b21.7x19.5x1.8x
Tue, 19 Mar 2024SEK 11.1tSEK 6.0tSEK 514.6b21.2x21.6x1.9x
Thu, 15 Feb 2024SEK 10.6tSEK 6.0tSEK 485.0b21.8x21.8x1.8x
Sat, 13 Jan 2024SEK 10.4tSEK 6.0tSEK 441.0b22.3x23.6x1.7x
Mon, 11 Dec 2023SEK 10.1tSEK 6.0tSEK 442.1b20.5x22.8x1.7x
Wed, 08 Nov 2023SEK 9.2tSEK 6.0tSEK 446.8b18.5x20.5x1.5x
Fri, 06 Oct 2023SEK 9.1tSEK 6.0tSEK 489.8b17.4x18.5x1.5x
Sun, 03 Sep 2023SEK 9.5tSEK 6.0tSEK 489.5b18.6x19.3x1.6x
Tue, 01 Aug 2023SEK 9.8tSEK 5.9tSEK 484.1b19.5x20.3x1.7x
Thu, 29 Jun 2023SEK 9.7tSEK 5.7tSEK 412.3b19.1x23.6x1.7x
Sat, 27 May 2023SEK 9.9tSEK 5.6tSEK 406.6b19.4x24.4x1.8x
Mon, 24 Apr 2023SEK 10.0tSEK 5.5tSEK 438.7b20x22.8x1.8x
Wed, 22 Mar 2023SEK 8.7tSEK 5.3tSEK 402.4b18.8x21.7x1.6x
Fri, 17 Feb 2023SEK 9.3tSEK 5.3tSEK 442.8b19.1x21.1x1.8x
Sun, 15 Jan 2023SEK 9.7tSEK 5.1tSEK 505.6b16.9x19.2x1.9x
Tue, 13 Dec 2022SEK 9.4tSEK 5.1tSEK 510.9b15.8x18.4x1.8x
Thu, 10 Nov 2022SEK 9.4tSEK 5.1tSEK 509.0b16.3x18.6x1.9x
Sat, 08 Oct 2022SEK 8.2tSEK 4.9tSEK 569.3b14.5x14.4x1.7x
Mon, 05 Sep 2022SEK 8.9tSEK 4.8tSEK 573.1b16.3x15.6x1.8x
Wed, 03 Aug 2022SEK 9.5tSEK 4.8tSEK 533.6b16.7x17.8x2x
Fri, 01 Jul 2022SEK 8.7tSEK 4.7tSEK 663.6b15.6x13.1x1.8x
Sun, 29 May 2022SEK 10.1tSEK 4.7tSEK 655.6b17.8x15.4x2.1x
Price to Earnings Ratio

15.4x


Total Market Cap: SEK 10.1tTotal Earnings: SEK 655.6bTotal Revenue: SEK 4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20.1x202320242025
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 23.6x which is higher than its 3-year average PE of 20.1x.
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 7.3% 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 Market0.40%
Telecom4.82%
Consumer Staples4.50%
Healthcare0.79%
Real Estate0.64%
Financials0.56%
Tech0.37%
Materials-0.068%
Industrials-0.20%
Consumer Discretionary-1.12%
Utilities-1.56%
Energy-5.98%
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 26.8%, which is higher than its past year's earnings growth of 13.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 7.0% 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
SAAB B SaabSEK 462.157.3%
+SEK 16.8b
87.5%PE53.1xIndustrials
ERIC B Telefonaktiebolaget LM EricssonSEK 85.804.8%
+SEK 13.2b
34.2%PE178.8xTech
SWED A SwedbankSEK 258.203.7%
+SEK 10.2b
19.5%PB1.4xFinancials
ESSITY B EssitySEK 285.005.5%
+SEK 10.2b
2.6%PE15.8xConsumer Staples
TELIA Telia CompanySEK 37.467.2%
+SEK 9.9b
39.8%PE29.7xTelecom
See more
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TEL2 B

SEK 145.30

Tele2

7D

8.1%

1Y

42.8%

SWED A

SEK 258.20

Swedbank

7D

3.7%

1Y

19.5%

EQT

SEK 285.30

EQT

7D

-3.8%

1Y

-16.1%

NIBE B

SEK 40.95

NIBE Industrier

7D

-12.3%

1Y

-25.2%

CAMX

SEK 528.50

Camurus

7D

-15.0%

1Y

-5.6%

SAND

SEK 211.50

Sandvik

7D

-2.0%

1Y

-11.1%

ESSITY B

SEK 285.00

Essity

7D

5.5%

1Y

2.6%

SAGA A

SEK 206.00

AB Sagax

7D

-4.2%

1Y

-30.6%