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Swedish (OMX) Market Analysis & Valuation

UpdatedJul 22, 2025
DataAggregated Company Financials
Companies809
  • 7D0.03%
  • 3M7.7%
  • 1Y-3.6%
  • YTD0.3%

Over the last 7 days, the market has remained flat, although notably the Communication Services sector gained 4.4% in that time. The past year hasn't been profitable, with the market dropping 3.6%. 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
Tue, 22 Jul 2025SEK 11.0tSEK 5.7tSEK 476.0b23.3x23.2x1.9x
Thu, 19 Jun 2025SEK 10.7tSEK 5.8tSEK 496.5b22.6x21.5x1.8x
Sat, 17 May 2025SEK 11.1tSEK 5.8tSEK 467.7b22.4x23.6x1.9x
Mon, 14 Apr 2025SEK 9.9tSEK 5.9tSEK 536.9b20.3x18.4x1.7x
Wed, 12 Mar 2025SEK 11.2tSEK 5.9tSEK 548.4b21.9x20.4x1.9x
Fri, 07 Feb 2025SEK 11.6tSEK 5.9tSEK 506.6b23.6x22.8x2x
Sun, 05 Jan 2025SEK 10.9tSEK 6.0tSEK 588.0b23.3x18.5x1.8x
Tue, 03 Dec 2024SEK 10.9tSEK 6.0tSEK 588.1b22.7x18.6x1.8x
Thu, 31 Oct 2024SEK 11.0tSEK 5.9tSEK 570.6b23.2x19.3x1.9x
Sat, 28 Sep 2024SEK 12.0tSEK 6.1tSEK 552.2b23.9x21.6x2x
Mon, 26 Aug 2024SEK 11.6tSEK 6.1tSEK 548.9b23x21.1x1.9x
Wed, 24 Jul 2024SEK 11.7tSEK 6.1tSEK 546.7b23.1x21.5x1.9x
Fri, 21 Jun 2024SEK 11.4tSEK 6.0tSEK 511.4b23x22.4x1.9x
Sun, 19 May 2024SEK 11.6tSEK 6.1tSEK 531.6b22.7x21.8x1.9x
Tue, 16 Apr 2024SEK 11.2tSEK 6.0tSEK 522.8b22.2x21.4x1.9x
Thu, 14 Mar 2024SEK 11.2tSEK 6.0tSEK 513.6b20.9x21.9x1.9x
Sat, 10 Feb 2024SEK 10.5tSEK 6.1tSEK 512.7b21.2x20.6x1.7x
Mon, 08 Jan 2024SEK 10.3tSEK 6.0tSEK 440.8b22x23.3x1.7x
Wed, 06 Dec 2023SEK 9.9tSEK 6.0tSEK 442.3b20.2x22.4x1.6x
Fri, 03 Nov 2023SEK 9.1tSEK 6.0tSEK 449.3b18.1x20.3x1.5x
Sun, 01 Oct 2023SEK 9.3tSEK 6.0tSEK 489.3b17.8x19x1.6x
Tue, 29 Aug 2023SEK 9.4tSEK 6.0tSEK 489.0b18.6x19.1x1.6x
Thu, 27 Jul 2023SEK 9.8tSEK 5.9tSEK 483.9b19.6x20.2x1.7x
Sat, 24 Jun 2023SEK 9.8tSEK 5.7tSEK 411.6b18.9x23.7x1.7x
Mon, 22 May 2023SEK 10.1tSEK 5.6tSEK 399.1b19.7x25.3x1.8x
Wed, 19 Apr 2023SEK 9.5tSEK 5.3tSEK 409.3b19.9x23.2x1.8x
Fri, 17 Mar 2023SEK 8.7tSEK 5.3tSEK 402.6b18.8x21.6x1.6x
Sun, 12 Feb 2023SEK 9.1tSEK 5.3tSEK 454.8b18.3x20x1.7x
Tue, 10 Jan 2023SEK 9.5tSEK 5.1tSEK 505.1b16.5x18.9x1.9x
Thu, 08 Dec 2022SEK 9.3tSEK 5.1tSEK 511.5b16.1x18.2x1.8x
Sat, 05 Nov 2022SEK 8.9tSEK 5.1tSEK 509.1b15.5x17.4x1.8x
Mon, 03 Oct 2022SEK 8.3tSEK 4.9tSEK 569.5b14.4x14.5x1.7x
Wed, 31 Aug 2022SEK 9.0tSEK 4.8tSEK 573.2b16.4x15.7x1.9x
Fri, 29 Jul 2022SEK 9.3tSEK 4.8tSEK 561.5b16.6x16.6x1.9x
Price to Earnings Ratio

16.6x


Total Market Cap: SEK 9.3tTotal Earnings: SEK 561.5bTotal Revenue: SEK 4.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20.6x202320242025
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 23.2x which is higher than its 3-year average PE of 20.6x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 5.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.2% 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 Market0.034%
Telecom4.36%
Consumer Discretionary2.13%
Utilities0.71%
Real Estate0.69%
Industrials0.21%
Materials-0.37%
Financials-0.40%
Tech-0.97%
Healthcare-2.00%
Consumer Staples-2.52%
Energy-5.16%
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 28.3%, which is higher than its past year's earnings growth of 6.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 6.1% per year.
  • In contrast, the Utilities industry is expected to see its earnings growth to stay flat 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 528.107.5%
+SEK 19.7b		118.8%PE54.5xIndustrials
ASSA B ASSA ABLOYSEK 318.905.7%
+SEK 19.1b		0.6%PE24.4xIndustrials
SAND SandvikSEK 239.004.9%
+SEK 14.0b		10.6%PE20.7xIndustrials
EVO EvolutionSEK 832.208.6%
+SEK 13.4b		-17.7%PE12.5xConsumer Discretionary
HEXA B HexagonSEK 102.904.8%
+SEK 12.6b		-12.3%PE25.3xTech
See more

Market Insights

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The tide is turning for UK & European markets. Index ETFs won’t cut it since sector spreads are massive. Picking the right companies matters now more than ever.
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