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Swedish (OMX) Market Analysis & Valuation

UpdatedJun 02, 2025
DataAggregated Company Financials
Companies860
  • 7D-0.4%
  • 3M-5.3%
  • 1Y-4.6%
  • YTD-1.7%

In the last week, the market has been flat, with a notable exception in the Utilities sector dropping 7.9%. The past year hasn't been profitable, with the market dropping 4.6%. Looking forward, 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
Mon, 02 Jun 2025SEK 10.8tSEK 5.8tSEK 495.5b22.5x21.8x1.9x
Wed, 30 Apr 2025SEK 10.5tSEK 5.8tSEK 463.5b21.2x22.6x1.8x
Fri, 28 Mar 2025SEK 11.0tSEK 5.9tSEK 547.0b21.7x20.2x1.9x
Sun, 23 Feb 2025SEK 11.7tSEK 5.9tSEK 537.8b23.1x21.8x2x
Tue, 21 Jan 2025SEK 11.2tSEK 6.0tSEK 588.5b23x19x1.9x
Thu, 19 Dec 2024SEK 11.0tSEK 6.0tSEK 587.9b23.2x18.6x1.8x
Sat, 16 Nov 2024SEK 10.8tSEK 6.0tSEK 587.3b22.1x18.5x1.8x
Mon, 14 Oct 2024SEK 11.2tSEK 5.9tSEK 496.0b23.7x22.6x1.9x
Wed, 11 Sep 2024SEK 11.4tSEK 6.1tSEK 553.8b24.1x20.5x1.9x
Fri, 09 Aug 2024SEK 11.1tSEK 6.1tSEK 543.5b22.5x20.4x1.8x
Sun, 07 Jul 2024SEK 11.5tSEK 6.1tSEK 514.8b23x22.3x1.9x
Tue, 04 Jun 2024SEK 11.6tSEK 6.0tSEK 511.9b23x22.6x1.9x
Thu, 02 May 2024SEK 11.2tSEK 6.1tSEK 560.4b22.2x20x1.8x
Sat, 30 Mar 2024SEK 11.3tSEK 6.0tSEK 516.3b21.6x21.9x1.9x
Mon, 26 Feb 2024SEK 10.9tSEK 6.0tSEK 485.2b21x22.4x1.8x
Wed, 24 Jan 2024SEK 10.2tSEK 6.0tSEK 450.3b21.2x22.7x1.7x
Fri, 22 Dec 2023SEK 10.5tSEK 6.0tSEK 440.7b21.7x23.8x1.7x
Sun, 19 Nov 2023SEK 9.6tSEK 6.0tSEK 445.9b19.4x21.6x1.6x
Tue, 17 Oct 2023SEK 9.3tSEK 6.0tSEK 492.2b17.4x18.9x1.6x
Thu, 14 Sep 2023SEK 9.3tSEK 6.0tSEK 489.7b17.9x19x1.6x
Sat, 12 Aug 2023SEK 9.6tSEK 5.9tSEK 489.3b19.6x19.6x1.6x
Mon, 10 Jul 2023SEK 9.6tSEK 5.7tSEK 410.5b19x23.5x1.7x
Wed, 07 Jun 2023SEK 10.1tSEK 5.7tSEK 412.0b19.3x24.4x1.8x
Fri, 05 May 2023SEK 10.0tSEK 5.6tSEK 412.0b20x24.2x1.8x
Sun, 02 Apr 2023SEK 9.0tSEK 5.3tSEK 402.7b19.2x22.4x1.7x
Tue, 28 Feb 2023SEK 9.2tSEK 5.3tSEK 406.5b19.2x22.5x1.7x
Thu, 26 Jan 2023SEK 9.1tSEK 5.1tSEK 540.0b17.1x16.8x1.8x
Sat, 24 Dec 2022SEK 9.1tSEK 5.1tSEK 511.8b15.6x17.9x1.8x
Mon, 21 Nov 2022SEK 9.3tSEK 5.1tSEK 512.2b15.8x18.2x1.8x
Wed, 19 Oct 2022SEK 8.7tSEK 4.9tSEK 568.6b15.1x15.2x1.8x
Fri, 16 Sep 2022SEK 8.8tSEK 4.8tSEK 573.4b15.6x15.4x1.8x
Sun, 14 Aug 2022SEK 9.7tSEK 4.8tSEK 573.4b17x16.9x2x
Tue, 12 Jul 2022SEK 9.0tSEK 4.7tSEK 663.4b16.4x13.6x1.9x
Thu, 09 Jun 2022SEK 10.1tSEK 4.7tSEK 662.0b17.9x15.3x2.1x
Price to Earnings Ratio

15.3x


Total Market Cap: SEK 10.1tTotal Earnings: SEK 662.0bTotal Revenue: SEK 4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20.2x202320242025
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 20.2x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 9.2% 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 Market-0.41%
Real Estate1.65%
Healthcare0.79%
Consumer Staples0.25%
Telecom0.053%
Financials-0.17%
Consumer Discretionary-0.59%
Tech-0.62%
Industrials-0.87%
Materials-2.21%
Energy-2.94%
Utilities-7.86%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 12.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.2%, which is higher than its past year's earnings growth of 8.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 128% 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
SAAB B SaabSEK 484.552.5%
+SEK 6.4b		88.9%PE55.6xIndustrials
EQT EQTSEK 280.601.7%
+SEK 5.4b		-11.9%PE39.1xFinancials
SWED A SwedbankSEK 259.501.2%
+SEK 3.6b		18.0%PB1.5xFinancials
ROKO B RökoSEK 2.41k10.1%
+SEK 3.2b		n/aPE49xFinancials
ASKER Asker Healthcare GroupSEK 103.407.7%
+SEK 2.8b		n/aPE103.7xHealthcare
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VOLV B

SEK 265.90

AB Volvo

7D

-1.7%

1Y

-6.8%

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HM B

SEK 137.30

H & M Hennes & Mauritz

7D

-1.7%

1Y

-25.4%

SKF B

SEK 210.80

AB SKF

7D

2.7%

1Y

-6.6%

An Intrinsic Calculation For AB SKF (publ) (STO:SKF B) Suggests It's 29% Undervalued

May 30
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EQT

SEK 280.60

EQT

7D

1.7%

1Y

-11.9%

ASKER

SEK 103.40

Asker Healthcare Group

7D

7.7%

1Y

n/a

ADDT B

SEK 329.40

Addtech AB (publ.)

7D

-3.0%

1Y

35.4%

Does Addtech AB (publ.) (STO:ADDT B) Deserve A Spot On Your Watchlist?

May 27
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SAAB B

SEK 484.55

Saab

7D

2.5%

1Y

88.9%

Saab AB (publ) (STO:SAAB B) Not Flying Under The Radar

May 26
Saab AB (publ) (STO:SAAB B) Not Flying Under The Radar

SKA B

SEK 227.90

Skanska

7D

-3.1%

1Y

22.1%

ATCO A

SEK 153.90

Atlas Copco

7D

-2.5%

1Y

-23.8%

These 4 Measures Indicate That Atlas Copco (STO:ATCO A) Is Using Debt Reasonably Well

May 22
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SWED A

SEK 259.50

Swedbank

7D

1.2%

1Y

18.0%

INVE A

SEK 281.80

Investor

7D

-1.0%

1Y

-0.6%

EVO

SEK 658.00

Evolution

7D

1.4%

1Y

-41.8%

SAGA A

SEK 209.00

AB Sagax

7D

2.0%

1Y

-24.8%

ERIC B

SEK 81.48

Telefonaktiebolaget LM Ericsson

7D

-2.5%

1Y

24.6%

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ROKO B

SEK 2,408.50

Röko

7D

10.1%

1Y

n/a

BOL

SEK 299.90

Boliden

7D

-4.5%

1Y

-17.3%