Solid Earnings May Not Tell The Whole Story For Veteranpoolen (NGM:VPAB B)
May 27
Swedish (OMX) Professional Services Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies16
- 7D-0.05%
- 3M11.5%
- 1Y12.8%
- YTD26.1%
In the last week, Professional Services has been flat. The past year has been better, since the industry has gained 13% in that time. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Swedish Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | kr37.1b | kr56.5b | kr1.6b | 19.9x | 23.3x | 0.7x |
| Fri, 26 Apr 2024 | kr33.5b | kr56.9b | kr1.5b | 18x | 21.7x | 0.6x |
| Sun, 24 Mar 2024 | kr35.1b | kr56.7b | kr1.6b | 17.3x | 21.8x | 0.6x |
| Tue, 20 Feb 2024 | kr32.4b | kr56.7b | kr1.6b | 16.5x | 20x | 0.6x |
| Thu, 18 Jan 2024 | kr32.1b | kr58.6b | kr1.9b | 17x | 16.8x | 0.5x |
| Sat, 16 Dec 2023 | kr31.8b | kr58.6b | kr1.9b | 16.4x | 16.6x | 0.5x |
| Mon, 13 Nov 2023 | kr28.5b | kr58.5b | kr1.9b | 15.3x | 15x | 0.5x |
| Wed, 11 Oct 2023 | kr31.0b | kr57.5b | kr2.0b | 15.3x | 15.5x | 0.5x |
| Fri, 08 Sep 2023 | kr32.0b | kr57.5b | kr2.0b | 15.7x | 16x | 0.6x |
| Sun, 06 Aug 2023 | kr32.4b | kr57.4b | kr2.0b | 18.4x | 15.9x | 0.6x |
| Tue, 04 Jul 2023 | kr34.5b | kr55.8b | kr2.0b | 17.3x | 17.1x | 0.6x |
| Thu, 01 Jun 2023 | kr35.3b | kr55.8b | kr2.0b | 17.6x | 17.5x | 0.6x |
| Sat, 29 Apr 2023 | kr39.2b | kr55.5b | kr2.1b | 17.3x | 18.7x | 0.7x |
| Mon, 27 Mar 2023 | kr37.7b | kr53.5b | kr1.9b | 17.5x | 20x | 0.7x |
| Wed, 22 Feb 2023 | kr40.5b | kr53.3b | kr1.9b | 16.7x | 20.8x | 0.8x |
| Fri, 20 Jan 2023 | kr38.9b | kr51.2b | kr1.8b | 17.6x | 21.7x | 0.8x |
| Sun, 18 Dec 2022 | kr35.5b | kr51.2b | kr1.8b | 16.8x | 19.8x | 0.7x |
| Tue, 15 Nov 2022 | kr36.3b | kr51.2b | kr1.8b | 16.9x | 20.3x | 0.7x |
| Thu, 13 Oct 2022 | kr30.8b | kr49.3b | kr2.0b | 15.4x | 15.5x | 0.6x |
| Sat, 10 Sep 2022 | kr34.0b | kr49.3b | kr2.0b | 17.8x | 17.1x | 0.7x |
| Mon, 08 Aug 2022 | kr33.4b | kr49.1b | kr2.0b | 16.9x | 17x | 0.7x |
| Wed, 06 Jul 2022 | kr32.6b | kr47.4b | kr2.1b | 16.1x | 15.7x | 0.7x |
| Fri, 03 Jun 2022 | kr35.2b | kr47.4b | kr2.1b | 15.7x | 16.9x | 0.7x |
| Sun, 01 May 2022 | kr35.1b | kr33.1b | kr1.9b | 16.7x | 18.3x | 1.1x |
| Tue, 29 Mar 2022 | kr37.1b | kr32.3b | kr2.0b | 16.1x | 18.9x | 1.2x |
| Thu, 24 Feb 2022 | kr35.9b | kr31.9b | kr1.9b | 18.2x | 18.9x | 1.1x |
| Sat, 22 Jan 2022 | kr39.8b | kr31.1b | kr1.8b | 21.1x | 22.5x | 1.3x |
| Mon, 20 Dec 2021 | kr44.2b | kr31.1b | kr1.8b | 22.6x | 25x | 1.4x |
| Wed, 17 Nov 2021 | kr46.6b | kr31.0b | kr1.8b | 22.8x | 26.4x | 1.5x |
| Fri, 15 Oct 2021 | kr48.9b | kr30.2b | kr1.5b | 21.8x | 31.6x | 1.6x |
| Sun, 12 Sep 2021 | kr50.7b | kr30.2b | kr1.5b | 20.6x | 32.8x | 1.7x |
| Tue, 10 Aug 2021 | kr50.8b | kr30.2b | kr1.5b | 17.9x | 32.9x | 1.7x |
Price to Earnings Ratio
36.2x
Current Industry PE
- Investors are optimistic on the Swedish Professional Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 23.3x which is higher than its 3-year average PE of 20.9x.
- The industry is trading close to its 3-year average PS ratio of 0.89x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have grown 7.2% per year over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Industrials industry?
| SE Market | -0.60% | |
| Industrials | -0.16% | |
| Professional Services | -0.049% | |
| HR Services | 1.87% | |
| Research and Consulting Services | -0.85% | |
Industry PE
- Investors are most optimistic about the HR Services industry, which is trading close to its 3-year average PE ratio of 27.3x.
- Analysts are expecting annual earnings growth of 12.8%, which is higher than its past year's earnings decline of 13.7% per year.
- Investors are most pessimistic about the Research and Consulting Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 19.7x.
Forecasted Growth
- Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings growth rate of 6.4% per year.
- In contrast, the HR Services industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| EWRK Ework Group | kr152.20 | 5.0% +kr124.1m | 4.0% | PE21x | |
| BTS B BTS Group | kr346.00 | 1.8% +kr116.4m | 43.0% | PE27.3x | |
| PION B PION Group | kr7.80 | 3.7% +kr13.5m | 6.8% | PS0.2x | |
| AIXIA B Aixia Group | kr168.00 | 1.8% +kr4.7m | 138.0% | PE30x | |
| WISE Wise Group | kr24.10 | 2.6% +kr4.4m | -38.0% | PS0.2x |
