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Danish (OMX) IT Industry Analysis

UpdatedMay 17, 2024
DataAggregated Company Financials
Companies7
  • 7D2.8%
  • 3M3.6%
  • 1Y14.2%
  • YTD37.2%

In the last week, the IT industry is up 2.1%, with Netcompany Group up 2.2%. This takes the industry's 12 month performance to a gain of 13%. Looking forward, earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

Has the Danish IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 May 2024kr.19.4bkr.9.4bkr.421.9m26.5x45.9x2.1x
Sun, 14 Apr 2024kr.16.8bkr.9.3bkr.411.8m32.1x40.9x1.8x
Tue, 12 Mar 2024kr.17.5bkr.9.2bkr.433.1m25.6x40.3x1.9x
Thu, 08 Feb 2024kr.18.1bkr.9.2bkr.378.1m37.8x48x2x
Sat, 06 Jan 2024kr.14.3bkr.9.1bkr.527.3m25.9x27.2x1.6x
Mon, 04 Dec 2023kr.13.9bkr.9.1bkr.527.2m25.3x26.3x1.5x
Wed, 01 Nov 2023kr.13.8bkr.9.0bkr.610.6m24.8x22.6x1.5x
Fri, 29 Sep 2023kr.16.4bkr.9.0bkr.629.8m27.4x26.1x1.8x
Sun, 27 Aug 2023kr.15.9bkr.9.0bkr.630.7m26.7x25.3x1.8x
Tue, 25 Jul 2023kr.19.3bkr.8.7bkr.691.4m26.4x27.9x2.2x
Thu, 22 Jun 2023kr.17.2bkr.8.7bkr.691.4m25.2x24.9x2x
Sat, 20 May 2023kr.17.2bkr.8.7bkr.691.4m25.5x24.8x2x
Mon, 17 Apr 2023kr.16.6bkr.8.4bkr.735.4m24.2x22.5x2x
Wed, 15 Mar 2023kr.16.1bkr.8.6bkr.757.3m18.3x21.2x1.9x
Fri, 10 Feb 2023kr.18.1bkr.8.5bkr.886.6m18.8x20.4x2.1x
Sun, 08 Jan 2023kr.18.5bkr.8.2bkr.827.5m17.2x22.4x2.3x
Tue, 06 Dec 2022kr.21.0bkr.8.2bkr.828.7m17.2x25.4x2.6x
Thu, 03 Nov 2022kr.4.1bkr.2.9bkr.258.5m20.1x15.8x1.4x
Sat, 01 Oct 2022kr.3.8bkr.2.9bkr.267.7m19.4x14.1x1.3x
Mon, 29 Aug 2022kr.5.0bkr.2.9bkr.258.2m21x19.3x1.7x
Wed, 27 Jul 2022kr.5.1bkr.2.8bkr.269.3m21.1x19x1.8x
Fri, 24 Jun 2022kr.5.1bkr.2.8bkr.264.2m22.3x19.3x1.8x
Sun, 22 May 2022kr.5.7bkr.2.8bkr.264.4m23.5x21.5x2x
Tue, 19 Apr 2022kr.5.8bkr.2.7bkr.264.3m20.2x21.9x2.1x
Thu, 17 Mar 2022kr.5.7bkr.2.9bkr.385.1m19x14.9x2x
Sat, 12 Feb 2022kr.5.8bkr.2.9bkr.386.5m20x14.9x2x
Mon, 10 Jan 2022kr.7.1bkr.2.9bkr.386.1m20.2x18.3x2.5x
Wed, 08 Dec 2021kr.6.6bkr.2.9bkr.387.4m19.6x17x2.3x
Fri, 05 Nov 2021kr.6.8bkr.2.7bkr.378.8m23.4x18x2.5x
Sun, 03 Oct 2021kr.5.8bkr.2.7bkr.403.2m15.3x14.4x2.1x
Tue, 31 Aug 2021kr.5.6bkr.2.7bkr.399.5m16.9x14.1x2.1x
Wed, 07 Jul 2021kr.5.4bkr.2.7bkr.399.5m17.3x13.5x2x
Price to Earnings Ratio

15x


Total Market Cap: kr.5.9bTotal Earnings: kr.393.2mTotal Revenue: kr.2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish IT Industry Price to Earnings3Y Average 22.8x202220232024
Current Industry PE
  • Investors are optimistic on the Danish IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 45.6x which is higher than its 3-year average PE of 22.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 2.4% per year over the last three years.
  • Revenues for these companies have grown 53% 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 Danish Tech industry?

DK Market3.33%
Tech4.17%
IT2.81%
IT Consulting2.82%
Data Processing Services0%
Internet Services and Infrastructure-7.83%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 21.9x.
    • Analysts are expecting annual earnings growth of 32.5%, which is higher than its past year's earnings decline of 5.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 5.3% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 32% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
NETC Netcompany Groupkr.313.202.2%
+kr.303.5m		18.0%PE52.3x
TRIFOR Trifork Groupkr.126.408.0%
+kr.182.4m		-14.0%PE22.5x
COLUM Columbuskr.10.452.0%
+kr.25.9m		51.9%PE30.5x
DATA Dataproces Groupkr.3.203.2%
+kr.3.3m		31.1%PS3.2x
CONFRZ Conferizekr.0.01336.8%
+kr.685.8k		-76.4%PS127.4x
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Latest News

WIRTEK

kr.10.15

Wirtek

7D

-4.7%

1Y

-15.8%

TRIFOR

kr.126.40

Trifork Group

7D

8.0%

1Y

-14.0%

Trifork Group AG Just Missed Revenue By 8.2%: Here's What Analysts Think Will Happen Next

May 10
Trifork Group AG Just Missed Revenue By 8.2%: Here's What Analysts Think Will Happen Next

COLUM

kr.10.45

Columbus

7D

2.0%

1Y

51.9%

NETC

kr.313.20

Netcompany Group

7D

2.2%

1Y

18.0%

CONFRZ

kr.0.013

Conferize

7D

36.8%

1Y

-76.4%

DATA

kr.3.20

Dataproces Group

7D

3.2%

1Y

31.1%

SLXIT

kr.2.90

Seluxit

7D

-10.5%

1Y

-3.3%