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Danish (OMX) Market Analysis & Valuation

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies153
  • 7D1.0%
  • 3M7.8%
  • 1Y26.7%
  • YTD16.3%

The market has climbed 1.0% in the last 7 days, lead by the Healthcare sector with a gain of 1.5%. The market is up 27% over the last 12 months. As for the next few years, earnings are expected to grow by 14% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

Has the Danish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024kr.6.4tkr.1.7tkr.191.5b14.9x33.7x3.8x
Sat, 30 Mar 2024kr.6.4tkr.1.7tkr.192.5b14.8x33.5x3.8x
Mon, 26 Feb 2024kr.6.3tkr.1.7tkr.191.5b13x32.8x3.7x
Wed, 24 Jan 2024kr.5.7tkr.1.8tkr.217.0b13.5x26.1x3.2x
Fri, 22 Dec 2023kr.5.5tkr.1.8tkr.216.3b13.4x25.5x3.1x
Sun, 19 Nov 2023kr.5.4tkr.1.8tkr.216.7b13.1x24.8x3x
Tue, 17 Oct 2023kr.5.5tkr.1.9tkr.285.4b13x19.1x2.9x
Thu, 14 Sep 2023kr.5.4tkr.1.9tkr.282.7b13.4x19x2.9x
Sat, 12 Aug 2023kr.5.3tkr.1.9tkr.278.0b13.4x19.1x2.9x
Mon, 10 Jul 2023kr.5.0tkr.1.9tkr.321.4b13.8x15.5x2.6x
Wed, 07 Jun 2023kr.5.2tkr.1.9tkr.325.9b14.5x15.9x2.7x
Fri, 05 May 2023kr.5.1tkr.1.9tkr.337.4b13.9x15.1x2.6x
Sun, 02 Apr 2023kr.4.9tkr.1.9tkr.345.1b14.6x14.3x2.6x
Tue, 28 Feb 2023kr.4.8tkr.1.9tkr.349.8b13.8x13.8x2.5x
Thu, 26 Jan 2023kr.4.6tkr.1.9tkr.354.0b13.6x12.9x2.4x
Sat, 24 Dec 2022kr.4.6tkr.1.9tkr.359.9b13.9x12.7x2.4x
Mon, 21 Nov 2022kr.4.3tkr.1.9tkr.366.0b13.7x11.7x2.2x
Wed, 19 Oct 2022kr.4.2tkr.1.9tkr.346.4b13.3x12.2x2.2x
Fri, 16 Sep 2022kr.4.3tkr.1.9tkr.343.7b13.5x12.5x2.2x
Sun, 14 Aug 2022kr.4.6tkr.1.9tkr.337.0b13x13.6x2.4x
Tue, 12 Jul 2022kr.4.5tkr.1.8tkr.306.5b11.6x14.7x2.5x
Thu, 09 Jun 2022kr.4.6tkr.1.7tkr.296.5b13.3x15.6x2.7x
Sat, 07 May 2022kr.4.5tkr.1.7tkr.298.9b13.8x15x2.6x
Mon, 04 Apr 2022kr.4.7tkr.1.6tkr.262.9b14.5x17.9x2.9x
Wed, 02 Mar 2022kr.4.5tkr.1.6tkr.259.1b14.4x17.4x2.8x
Fri, 28 Jan 2022kr.4.4tkr.1.5tkr.215.7b16.4x20.6x3x
Sun, 26 Dec 2021kr.4.9tkr.1.5tkr.213.7b17.1x22.8x3.3x
Tue, 23 Nov 2021kr.4.9tkr.1.5tkr.213.3b16.5x23.2x3.4x
Thu, 21 Oct 2021kr.4.8tkr.1.4tkr.187.4b16.6x25.5x3.5x
Sat, 18 Sep 2021kr.4.8tkr.1.4tkr.186.8b15.6x25.6x3.5x
Mon, 16 Aug 2021kr.4.9tkr.1.4tkr.185.9b16x26.1x3.6x
Mon, 31 May 2021kr.4.3tkr.1.3tkr.148.9b15.6x28.6x3.3x
Price to Earnings Ratio

28x


Total Market Cap: kr.4.2tTotal Earnings: kr.148.6bTotal Revenue: kr.1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 19.7x202220232024
Current Market PE
  • Investors are optimistic on the Danish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 33.7x which is higher than its 3-year average PE of 19.7x.
Past Earnings Growth
  • The earnings for Danish listed companies have grown 8.8% per year over the last three years.
  • Revenues for these companies have grown 9.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market1.02%
Healthcare1.50%
Industrials0.55%
Telecom0.18%
Energy0.17%
Utilities-0.18%
Financials-0.28%
Consumer Staples-0.29%
Consumer Discretionary-0.99%
Materials-1.06%
Real Estate-1.76%
Tech-4.63%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 47.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 35.7% which is higher than its past year's earnings decline of 20.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 53% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
NOVO B Novo Nordiskkr.873.100.7%
+kr.11.7b
59.6%PE46.4xHealthcare
PNDORA Pandorakr.1.15k6.6%
+kr.5.7b
91.3%PE19.7xConsumer Discretionary
ORSTED Ørstedkr.391.803.1%
+kr.5.0b
-37.9%PS2.1xUtilities
GN GN Store Nordkr.208.6016.5%
+kr.4.3b
16.5%PE133.2xConsumer Discretionary
NSIS B Novozymeskr.389.301.2%
+kr.2.1b
12.6%PE59.8xMaterials
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SCHO

kr.554.00

Aktieselskabet Schouw

7D

4.1%

1Y

-2.5%

NSIS B

kr.383.60

Novozymes

7D

-1.1%

1Y

10.4%

MAERSK B

kr.10,105.00

A.P. Møller - Mærsk

7D

2.5%

1Y

-16.0%

TRYG

kr.138.70

Tryg

7D

1.2%

1Y

-11.5%

HLUN B

kr.34.04

H. Lundbeck

7D

3.2%

1Y

-2.6%

VWS

kr.186.85

Vestas Wind Systems

7D

3.2%

1Y

0.6%

DANSKE

kr.202.20

Danske Bank

7D

-1.3%

1Y

43.3%

CHR

kr.549.60

Chr. Hansen Holding

7D

-1.2%

1Y

7.1%