Earnings Not Telling The Story For Nordnet AB (publ) (STO:SAVE)
May 24
Swedish (OMX) Capital Markets Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies47
- 7D-3.7%
- 3M8.5%
- 1Y46.0%
- YTD17.6%
Over the last 7 days, the Capital Markets industry has remained flat. As for the the longer term, the industry is up 50% over the past 12 months. As for the next few years, earnings are expected to grow by 33% per annum.
Industry Valuation and Performance
Has the Swedish Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | kr544.7b | kr80.0b | -kr10,851,351,688.37 | 22.4x | -50.2x | 6.8x |
| Sat, 27 Apr 2024 | kr498.5b | kr79.3b | kr5.6b | 17.7x | 89.6x | 6.3x |
| Mon, 25 Mar 2024 | kr570.4b | kr80.0b | kr6.2b | 16.3x | 92.4x | 7.1x |
| Wed, 21 Feb 2024 | kr478.8b | kr79.7b | kr5.7b | 16.8x | 83.6x | 6x |
| Fri, 19 Jan 2024 | kr445.2b | kr79.6b | kr19.6b | 17.4x | 22.7x | 5.6x |
| Sun, 17 Dec 2023 | kr480.9b | kr75.6b | kr17.3b | 18.6x | 27.8x | 6.4x |
| Tue, 14 Nov 2023 | kr399.1b | kr76.5b | kr17.5b | 16.3x | 22.8x | 5.2x |
| Thu, 12 Oct 2023 | kr382.9b | kr73.4b | kr15.2b | 16.5x | 25.2x | 5.2x |
| Sat, 09 Sep 2023 | kr379.4b | kr73.0b | kr15.4b | 16.4x | 24.6x | 5.2x |
| Mon, 07 Aug 2023 | kr406.5b | kr69.4b | kr12.2b | 18.7x | 33.3x | 5.9x |
| Wed, 05 Jul 2023 | kr349.0b | kr63.3b | kr10.0b | 20.4x | 34.9x | 5.5x |
| Fri, 02 Jun 2023 | kr344.4b | kr63.8b | kr10.5b | 20.8x | 32.7x | 5.4x |
| Sun, 30 Apr 2023 | kr367.4b | kr63.4b | kr13.6b | 25.6x | 26.9x | 5.8x |
| Tue, 28 Mar 2023 | kr306.2b | kr57.9b | kr11.6b | 22.5x | 26.3x | 5.3x |
| Thu, 23 Feb 2023 | kr355.2b | kr57.7b | kr11.6b | 20.5x | 30.7x | 6.2x |
| Sat, 21 Jan 2023 | kr339.7b | kr54.9b | -kr1,396,105,711.00 | 7.3x | -243.3x | 6.2x |
| Mon, 19 Dec 2022 | kr331.8b | kr56.1b | kr5.3b | 6.5x | 62.4x | 5.9x |
| Wed, 16 Nov 2022 | kr377.5b | kr55.8b | kr5.4b | 8.4x | 70.5x | 6.8x |
| Fri, 14 Oct 2022 | kr264.3b | kr53.8b | kr21.3b | 5.8x | 12.4x | 4.9x |
| Sun, 11 Sep 2022 | kr325.4b | kr53.5b | kr20.8b | 7.7x | 15.7x | 6.1x |
| Tue, 09 Aug 2022 | kr363.0b | kr52.5b | kr20.4b | 8.3x | 17.8x | 6.9x |
| Thu, 07 Jul 2022 | kr302.3b | kr55.8b | kr14.8b | 7.1x | 20.4x | 5.4x |
| Sat, 04 Jun 2022 | kr377.3b | kr55.7b | kr14.9b | 9.6x | 25.3x | 6.8x |
| Mon, 02 May 2022 | kr391.2b | kr53.9b | -kr9,359,346,566.00 | 10.9x | -41.8x | 7.3x |
| Wed, 30 Mar 2022 | kr482.9b | kr59.6b | -kr3,406,297,138.00 | 9.3x | -141.8x | 8.1x |
| Fri, 25 Feb 2022 | kr425.0b | kr59.4b | -kr5,317,442,830.00 | 9.9x | -79.9x | 7.2x |
| Sun, 23 Jan 2022 | kr522.0b | kr61.2b | -kr11,450,308,698.00 | 12.3x | -45.6x | 8.5x |
| Tue, 21 Dec 2021 | kr639.7b | kr55.7b | -kr13,915,382,539.00 | 14.5x | -46x | 11.5x |
| Thu, 18 Nov 2021 | kr733.5b | kr55.0b | -kr13,908,248,465.00 | 17.7x | -52.7x | 13.3x |
| Sat, 16 Oct 2021 | kr577.8b | kr54.0b | -kr9,044,785,273.00 | 10.9x | -63.9x | 10.7x |
| Mon, 13 Sep 2021 | kr612.8b | kr54.1b | -kr8,865,723,524.61 | 11.8x | -69.1x | 11.3x |
| Wed, 11 Aug 2021 | kr596.1b | kr54.1b | -kr8,865,723,524.61 | 11.9x | -67.2x | 11x |
| Sun, 06 Jun 2021 | kr431.7b | kr50.3b | -kr17,980,352,341.78 | 8.8x | -24x | 8.6x |
Price to Earnings Ratio
-24x
Current Industry PE
- Investors are relatively neutral on the Swedish Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 7.1x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have improved over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Swedish Financials industry?
| SE Market | -2.24% | |
| Financials | -2.10% | |
| Capital Markets | -3.74% | |
| Diversified Capital Markets | 0% | |
| Investment Banking and Brokerage | -1.13% | |
| Asset Management | -4.27% | |
| Financial Exchanges and Data | -5.21% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry, which is trading close to its 3-year average PE ratio of 21.2x.
- Analysts are expecting annual earnings growth of 4.8%, which is lower than the prior year's growth of 18.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings decline of 21% per year.
- In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 4.8% 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 | |
|---|---|---|---|---|---|
| AZA Avanza Bank Holding | kr274.50 | 0.9% +kr377.4m | 22.5% | PE21.2x | |
| LINC Linc | kr85.30 | 5.2% +kr243.2m | 20.8% | PE12.3x | |
| BURE Bure Equity | kr362.80 | 0.2% +kr44.5m | 48.2% | PE5.1x | |
| FLAT B Flat Capital | kr15.28 | 6.1% +kr43.2m | 20.3% | PB1.9x | |
| ATIN Athanase Innovation | kr19.50 | 10.2% +kr42.6m | 3.2% | PS4.7x |
