Analysts Have Made A Financial Statement On Bredband2 i Skandinavien AB (publ)'s (STO:BRE2) First-Quarter Report
May 09
Swedish (OMX) Alternative Carriers Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies5
- 7D12.7%
- 3M24.8%
- 1Y-23.7%
- YTDn/a
In the last week, the Alternative Carriers industry is up 13%, with Ovzon up 23%. During this same period, the Wyld Networks underperformed, falling 7.0%. In the past year, the industry is down 24%. As for the next few years, earnings are expected to grow by 48% per annum.
Industry Valuation and Performance
Has the Swedish Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | kr4.5b | kr4.5b | kr68.0m | 13.1x | 66.7x | 1x |
| Sat, 13 Apr 2024 | kr4.1b | kr4.6b | kr150.0m | 12.3x | 27.7x | 0.9x |
| Mon, 11 Mar 2024 | kr3.5b | kr4.6b | kr151.1m | 11.6x | 23x | 0.7x |
| Wed, 07 Feb 2024 | kr3.5b | kr4.6b | kr127.4m | 11.9x | 27.2x | 0.7x |
| Fri, 05 Jan 2024 | kr3.9b | kr4.6b | kr127.4m | 11.2x | 30.8x | 0.8x |
| Sun, 03 Dec 2023 | kr2.5b | kr4.6b | kr127.4m | 10.5x | 19.6x | 0.5x |
| Tue, 31 Oct 2023 | kr2.4b | kr4.6b | kr118.3m | 10x | 20.4x | 0.5x |
| Thu, 28 Sep 2023 | kr3.3b | kr4.6b | kr149.9m | 10.3x | 21.8x | 0.7x |
| Sat, 26 Aug 2023 | kr3.4b | kr4.6b | kr149.9m | 11x | 22.7x | 0.7x |
| Mon, 24 Jul 2023 | kr3.3b | kr4.5b | kr145.2m | 10.7x | 22.9x | 0.7x |
| Wed, 21 Jun 2023 | kr3.9b | kr4.5b | kr144.6m | 11.3x | 27.1x | 0.9x |
| Fri, 19 May 2023 | kr4.1b | kr4.3b | kr108.1m | 12.5x | 37.9x | 0.9x |
| Sun, 16 Apr 2023 | kr4.9b | kr4.4b | kr120.9m | 13.4x | 40.2x | 1.1x |
| Tue, 14 Mar 2023 | kr5.2b | kr4.4b | kr162.7m | 14.3x | 31.7x | 1.2x |
| Thu, 09 Feb 2023 | kr5.5b | kr4.0b | kr116.1m | 16.5x | 47.2x | 1.4x |
| Sat, 07 Jan 2023 | kr6.2b | kr4.0b | kr116.1m | 16.4x | 53x | 1.5x |
| Mon, 05 Dec 2022 | kr4.7b | kr4.0b | kr116.1m | 15.4x | 40.7x | 1.2x |
| Wed, 02 Nov 2022 | kr4.5b | kr3.8b | kr145.2m | 15.6x | 31.3x | 1.2x |
| Fri, 30 Sep 2022 | kr4.2b | kr3.8b | kr130.9m | 14.1x | 31.9x | 1.1x |
| Sun, 28 Aug 2022 | kr5.0b | kr3.8b | kr124.1m | 15.8x | 39.9x | 1.3x |
| Tue, 26 Jul 2022 | kr5.1b | kr3.5b | kr67.9m | 17.8x | 75.7x | 1.5x |
| Thu, 23 Jun 2022 | kr5.1b | kr3.5b | kr67.9m | 17.5x | 74.9x | 1.4x |
| Sat, 21 May 2022 | kr5.8b | kr3.5b | kr67.9m | 18.7x | 85.5x | 1.6x |
| Mon, 18 Apr 2022 | kr6.4b | kr3.4b | kr78.9m | 21.6x | 80.9x | 1.9x |
| Wed, 16 Mar 2022 | kr5.7b | kr3.4b | kr78.9m | 18.9x | 72.5x | 1.7x |
| Fri, 11 Feb 2022 | kr6.7b | kr3.2b | kr11.8m | 29.3x | 569.7x | 2.1x |
| Sun, 09 Jan 2022 | kr7.1b | kr3.2b | kr11.8m | 30.5x | 602.6x | 2.2x |
| Tue, 07 Dec 2021 | kr6.1b | kr3.2b | kr11.8m | 29.6x | 517.4x | 1.9x |
| Thu, 04 Nov 2021 | kr6.3b | kr2.9b | kr798.7k | 32.7x | 7936x | 2.2x |
| Sat, 02 Oct 2021 | kr6.0b | kr2.9b | -kr17,042,282.00 | 31.1x | -351.6x | 2.1x |
| Mon, 30 Aug 2021 | kr6.3b | kr2.9b | -kr10,447,791.00 | 31.3x | -603.6x | 2.2x |
| Tue, 06 Jul 2021 | kr6.1b | kr2.9b | -kr10,447,791.00 | 26.4x | -581.4x | 2.1x |
Price to Earnings Ratio
-99.7x
Current Industry PE
- Investors are pessimistic on the Swedish Alternative Carriers 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 66.7x which is lower than its 3-year average PE of 140x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- Total earnings for the Alternative Carriers industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Swedish Alternative Carriers compare with similar industries?
| SE Market | 2.51% | |
| Telecom | 3.52% | |
| Telecom Services and Carriers | 3.73% | |
| Alternative Carriers | 12.71% | |
| Integrated Telecom Services | 3.38% | |
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 | |
|---|---|---|---|---|---|
| OVZON Ovzon | kr17.84 | 22.9% +kr370.3m | -44.3% | PS6.4x | |
| BRE2 Bredband2 i Skandinavien | kr2.06 | 6.6% +kr122.5m | 69.7% | PE21.4x | |
| TRANS Transtema Group | kr12.30 | 4.1% +kr20.0m | -47.9% | PE4.8x | |
| SONE Sonetel | kr4.80 | 3.4% +kr775.4k | -31.4% | PS1x |