Swedish (OMX) Auto Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies5
- 7D-4.1%
- 3M-12.7%
- 1Y-12.3%
- YTD2.0%
In the last week, the Auto industry is flat overall, with Volvo Car AB (publ.) standing out by going down 4.3%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Swedish Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | kr103.2b | kr402.1b | kr13.0b | 13.3x | 7.9x | 0.3x |
| Tue, 16 Apr 2024 | kr123.3b | kr403.9b | kr13.3b | 12.9x | 9.3x | 0.3x |
| Thu, 14 Mar 2024 | kr108.5b | kr403.9b | kr13.3b | 12.1x | 8.2x | 0.3x |
| Sat, 10 Feb 2024 | kr113.1b | kr404.0b | kr13.3b | 11.4x | 8.5x | 0.3x |
| Mon, 08 Jan 2024 | kr94.6b | kr399.8b | kr12.5b | 10.4x | 7.6x | 0.2x |
| Wed, 06 Dec 2023 | kr102.3b | kr399.8b | kr12.5b | 10.8x | 8.2x | 0.3x |
| Fri, 03 Nov 2023 | kr120.5b | kr399.7b | kr12.5b | 9.6x | 9.6x | 0.3x |
| Sun, 01 Oct 2023 | kr135.1b | kr386.9b | kr9.9b | 13.6x | 13.7x | 0.3x |
| Tue, 29 Aug 2023 | kr129.8b | kr386.9b | kr9.9b | 13.1x | 13.2x | 0.3x |
| Thu, 27 Jul 2023 | kr153.4b | kr386.8b | kr9.8b | 12.2x | 15.6x | 0.4x |
| Sat, 24 Jun 2023 | kr129.4b | kr355.9b | kr15.4b | 8.5x | 8.4x | 0.4x |
| Mon, 22 May 2023 | kr117.7b | kr355.9b | kr15.4b | 8x | 7.7x | 0.3x |
| Wed, 19 Apr 2023 | kr127.6b | kr334.3b | kr15.6b | 8.4x | 8.2x | 0.4x |
| Fri, 17 Mar 2023 | kr139.5b | kr334.2b | kr15.6b | 8.6x | 8.9x | 0.4x |
| Sun, 12 Feb 2023 | kr153.7b | kr334.1b | kr15.6b | 8.8x | 9.8x | 0.5x |
| Tue, 10 Jan 2023 | kr152.5b | kr308.9b | kr15.0b | 8.9x | 10.2x | 0.5x |
| Thu, 08 Dec 2022 | kr151.8b | kr308.9b | kr15.0b | 8.9x | 10.1x | 0.5x |
| Sat, 05 Nov 2022 | kr146.2b | kr308.8b | kr15.0b | 8.6x | 9.7x | 0.5x |
| Mon, 03 Oct 2022 | kr147.2b | kr290.2b | kr16.8b | 7.5x | 8.8x | 0.5x |
| Wed, 31 Aug 2022 | kr203.0b | kr290.2b | kr16.9b | 10.1x | 12x | 0.7x |
| Fri, 29 Jul 2022 | kr221.2b | kr290.2b | kr16.9b | 10.5x | 13.1x | 0.8x |
| Sun, 26 Jun 2022 | kr235.2b | kr291.4b | kr10.4b | 15.4x | 22.5x | 0.8x |
| Tue, 24 May 2022 | kr251.7b | kr291.4b | kr10.4b | 16.7x | 24.1x | 0.9x |
| Thu, 21 Apr 2022 | kr209.3b | kr285.5b | kr12.3b | 14.1x | 17x | 0.7x |
| Sat, 19 Mar 2022 | kr171.5b | kr285.5b | kr12.2b | 11.8x | 14x | 0.6x |
| Mon, 14 Feb 2022 | kr211.7b | kr285.3b | kr12.5b | 14.8x | 16.9x | 0.7x |
| Wed, 12 Jan 2022 | kr253.2b | kr290.5b | kr15.1b | 15.9x | 16.8x | 0.9x |
| Fri, 10 Dec 2021 | kr226.6b | kr290.5b | kr15.1b | 14.3x | 15x | 0.8x |
| Sun, 07 Nov 2021 | kr178.4b | kr295.4b | kr15.7b | 11.9x | 11.4x | 0.6x |
| Tue, 05 Oct 2021 | kr2.5b | kr2.9b | -kr18,388,132.00 | 14.5x | -134.8x | 0.9x |
| Thu, 02 Sep 2021 | kr2.6b | kr2.9b | -kr18,388,132.00 | 15.2x | -140.8x | 0.9x |
| Sat, 31 Jul 2021 | kr2.7b | kr2.9b | -kr18,388,132.00 | 14.2x | -147.6x | 0.9x |
Price to Earnings Ratio
-158.5x
Current Industry PE
- Investors are pessimistic on the Swedish Auto industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 8.3x which is higher than its 3-year average PE of -10.0x.
- The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
- Total earnings for the Auto industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 444% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Consumer Discretionary industry?
| SE Market | 0.39% | |
| Consumer Discretionary | 0.51% | |
| Auto | -4.11% | |
| Automobile Manufacturers | -4.10% | |
| Motorcycle Manufacturers | -11.74% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry even though it's trading below its 3-year average PE ratio of 189x.
- Analysts are expecting annual earnings growth of 24.3%, which is higher than its past year's earnings decline of 7.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings decline of 7.7% per year.
- In contrast, the Automobile Manufacturers industry is expected to see its earnings grow by 24% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KABE B KABE Group AB (publ.) | kr341.00 | 2.1% +kr63.0m | 52.9% | PE13.2x | |
| ELLWEE Ellwee | kr6.78 | 0.3% +kr10.5k | -54.2% | PS0.01x |