Knowit (STO:KNOW) Is Due To Pay A Dividend Of SEK2.60
May 09
Swedish (OMX) IT Consulting Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies24
- 7D2.8%
- 3M8.3%
- 1Y-0.6%
- YTDn/a
Knowit is up 7.0%, leading the way for the IT Consulting industry, which has gained 2.5%. Meanwhile, Exsitec Holding actually underperformed within the industry, shrinking 6.3% in the last week. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Swedish IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | kr36.5b | kr29.3b | kr966.4m | 16.9x | 37.7x | 1.2x |
| Mon, 15 Apr 2024 | kr34.9b | kr29.2b | kr981.6m | 16.1x | 35.6x | 1.2x |
| Wed, 13 Mar 2024 | kr32.9b | kr29.2b | kr971.5m | 16.7x | 33.9x | 1.1x |
| Fri, 09 Feb 2024 | kr33.6b | kr29.9b | kr682.9m | 16.3x | 49.3x | 1.1x |
| Sun, 07 Jan 2024 | kr29.4b | kr29.6b | kr692.7m | 15.4x | 42.4x | 1x |
| Tue, 05 Dec 2023 | kr27.0b | kr29.7b | kr696.6m | 14.6x | 38.8x | 0.9x |
| Thu, 02 Nov 2023 | kr25.2b | kr29.5b | kr670.1m | 14.2x | 37.6x | 0.9x |
| Sat, 30 Sep 2023 | kr24.6b | kr29.3b | kr746.6m | 13.6x | 32.9x | 0.8x |
| Mon, 28 Aug 2023 | kr26.2b | kr29.3b | kr749.1m | 14.1x | 35x | 0.9x |
| Wed, 26 Jul 2023 | kr27.8b | kr29.0b | kr736.1m | 14.4x | 37.8x | 1x |
| Fri, 23 Jun 2023 | kr34.5b | kr28.4b | kr1.5b | 12.9x | 22.4x | 1.2x |
| Sun, 21 May 2023 | kr37.1b | kr28.4b | kr1.5b | 14.5x | 24.1x | 1.3x |
| Tue, 18 Apr 2023 | kr40.6b | kr26.5b | kr1.5b | 16.6x | 26.4x | 1.5x |
| Thu, 16 Mar 2023 | kr37.6b | kr26.3b | kr1.5b | 15.6x | 25.2x | 1.4x |
| Sat, 11 Feb 2023 | kr37.6b | kr26.1b | kr1.4b | 15.7x | 27.1x | 1.4x |
| Mon, 09 Jan 2023 | kr33.7b | kr24.4b | kr1.4b | 14.4x | 24.2x | 1.4x |
| Wed, 07 Dec 2022 | kr34.2b | kr24.3b | kr1.4b | 15x | 24.2x | 1.4x |
| Fri, 04 Nov 2022 | kr33.0b | kr23.8b | kr1.4b | 14.4x | 22.8x | 1.4x |
| Sun, 02 Oct 2022 | kr29.3b | kr22.4b | kr1.4b | 13.5x | 20.8x | 1.3x |
| Tue, 30 Aug 2022 | kr40.1b | kr22.4b | kr1.4b | 15.3x | 28.2x | 1.8x |
| Thu, 28 Jul 2022 | kr42.0b | kr22.3b | kr1.4b | 15.8x | 29.4x | 1.9x |
| Sat, 25 Jun 2022 | kr39.4b | kr20.7b | kr1.3b | 16.5x | 31x | 1.9x |
| Mon, 23 May 2022 | kr37.2b | kr20.7b | kr1.3b | 16.8x | 29.3x | 1.8x |
| Wed, 20 Apr 2022 | kr41.3b | kr32.4b | kr1.3b | 20.9x | 33x | 1.3x |
| Fri, 18 Mar 2022 | kr39.2b | kr32.4b | kr1.3b | 19.6x | 31.3x | 1.2x |
| Sun, 13 Feb 2022 | kr42.5b | kr32.2b | kr1.2b | 22x | 34.5x | 1.3x |
| Tue, 11 Jan 2022 | kr43.1b | kr30.8b | kr1.1b | 23.3x | 40x | 1.4x |
| Thu, 09 Dec 2021 | kr42.9b | kr30.8b | kr1.1b | 22.1x | 39.8x | 1.4x |
| Sat, 06 Nov 2021 | kr42.9b | kr30.6b | kr1.1b | 23.5x | 38.6x | 1.4x |
| Mon, 04 Oct 2021 | kr40.8b | kr29.6b | kr1.1b | 23.3x | 38.2x | 1.4x |
| Wed, 01 Sep 2021 | kr42.8b | kr29.6b | kr1.1b | 24.1x | 40.1x | 1.4x |
| Thu, 08 Jul 2021 | kr34.8b | kr29.6b | kr1.1b | 23x | 32.7x | 1.2x |
Price to Earnings Ratio
32.8x
Current Industry PE
- Investors are optimistic on the Swedish IT Consulting and Other Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.5x which is higher than its 3-year average PE of 32.4x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have declined 2.5% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Swedish IT Consulting compare with similar industries?
| SE Market | 0.39% | |
| Tech | 1.21% | |
| IT | 3.12% | |
| IT Consulting | 2.81% | |
| Internet Services and Infrastructure | 26.80% | |
| Data Processing Services | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ANOD B Addnode Group | kr118.30 | 2.9% +kr440.0m | -7.1% | PE53.5x | |
| PACT Proact IT Group | kr128.60 | 9.9% +kr313.1m | 60.3% | PE16.9x | |
| KNOW Knowit | kr176.20 | 5.1% +kr235.2m | -10.1% | PE24x | |
| CYB1 Cyber Security 1 | €0.016 | 47.3% +€5.6m | 55.8% | PS0.3x | |
| SOF B Softronic | kr22.55 | 4.4% +kr50.0m | 30.6% | PE14.5x |