May 2026
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Largest Energy Equipment Public Companies in Sweden
Benchmark revenue and EBITDA valuation multiples for public comps like
Sandvik, Midsummer, SolTech Energy Sweden, OXE Marine and Gigasun.
 | Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The group is composed of three segments: mining and rock solutions, rock processing, and machining. Sandvik was founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901. | $41 | +74% | $51B | $55B | 4.0x | 16.8x | ||
| Midsummer AB is a supplier of equipment for cost-effective manufacturing of CIGS thin film solar cells. The company manufactures solar panels which can be attached on any type of surfaces, such as, membrane roofs, portable power plants, marine installations, vehicle usage, landfill covers or other infrastructure projects. | $0 | +14% | $67M | $65M | 3.6x | (173.3x) | ||
| SolTech Energy Sweden AB operates in the energy sector. It is a comprehensive supplier that develops, sells and installs solar energy solutions for both companies and private individuals. Soltech consolidates the market through the acquisition of companies in the solar, roof, facade and electricity industries and more. Geographically, it operates in Sweden, Spain and the Netherlands. | $0 | -69% | $40M | $70M | 0.4x | (4.0x) | ||
| OXE Marine AB designs and builds commercial diesel outboards named OXE Diesel. The company's product range includes OXE 150, OXE 175, OXE 200, OXE 300, OXE KRETA, and its accessories. The OXE Diesel offers solutions for governmental, oil and gas, search and rescue, and large commercial applications, also for small craft fishermen and fish farmers, survey, tourism, yacht tender, taxi and pilot operations - all applications where range, load-carrying performance, and running costs are some factors. | $0 | -3% | $20M | $29M | 1.4x | (8.4x) | ||
| Gigasun AB is an solar energy company. It offers solar energy solutions to medium and large Chinese companies and organizations. It finances, owns and operates roof-mounted solar energy installations in China. | $0 | +1% | $15M | $155M | 7.0x | 9.2x | ||
| Absolicon Solar Collector AB is a supplier of solar concentrators. The company is engaged in developing, manufacturing and selling solar energy systems. Its solar heat is used in Apartments, Solar district heating, Food industry, Hospitals, Hotels, Power Plant and Sports centers. It operates in approximately 3 continents. | $1 | +122% | $11M | $10M | 77.6x | (9.7x) | ||
| Gosol Energy Group AB is a comprehensive supplier of energy solutions with a focus on solar cells, charging infrastructure and battery solutions for private individuals and companies. | $0 | -18% | $6M | $3M | 0.1x | 6.6x | ||
| Niutech Group sells and installs innovative solutions within green digital infrastructure that accelerate the transition to efficient and fossil-free energy solutions. It offer includes solutions within digital infrastructure, solar energy and electrical installation. | $0 | -71% | $3M | $6M | 0.3x | (0.6x) | ||
| Windon Energy Group AB operates in the energy sector. The company is a supplier of solar cell systems and offers complete system installation consisting of solar panels. Its product offering comprises solar panels, inverters, and montagesystem. | $0 | -65% | $1M | $2M | 0.9x | (1.9x) | ||
| Median | $0 | -3% | $15M | $29M | 1.4x | (1.9x) |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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