Finnish (OMX) Utilities Sector Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies1
- 7D6.7%
- 3M27.3%
- 1Y4.4%
- YTD5.9%
Over the last 7 days, the Utilities industry has risen 5.9%, driven by gains from every company within the industry. However, the industry is down 4.7% over the past year. Looking forward, earnings are forecast to decline by 15% per year.
Sector Valuation and Performance
Has the Finnish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | €12.5b | €6.5b | €1.4b | 8.7x | 8.7x | 1.9x |
| Sat, 13 Apr 2024 | €11.0b | €6.7b | €1.5b | 7.3x | 7.3x | 1.6x |
| Mon, 11 Mar 2024 | €10.7b | €6.7b | €1.5b | 7.1x | 7.1x | 1.6x |
| Wed, 07 Feb 2024 | €11.1b | €8.3b | €467.0m | 23.8x | 23.8x | 1.3x |
| Fri, 05 Jan 2024 | €12.3b | €8.3b | €467.0m | 26.3x | 26.3x | 1.5x |
| Sun, 03 Dec 2023 | €11.7b | €8.3b | €467.0m | 25.1x | 25.1x | 1.4x |
| Tue, 31 Oct 2023 | €9.9b | €9.0b | -€1,285,000,000.00 | n/a | -7.7x | 1.1x |
| Thu, 28 Sep 2023 | €10.1b | €9.0b | -€1,285,000,000.00 | n/a | -7.9x | 1.1x |
| Sat, 26 Aug 2023 | €10.8b | €9.0b | -€1,285,000,000.00 | n/a | -8.4x | 1.2x |
| Mon, 24 Jul 2023 | €11.2b | €9.2b | €1.6b | 7x | 7x | 1.2x |
| Wed, 21 Jun 2023 | €11.5b | €9.2b | €1.6b | 7.2x | 7.2x | 1.2x |
| Fri, 19 May 2023 | €12.0b | €9.2b | €1.6b | 7.5x | 7.5x | 1.3x |
| Sun, 16 Apr 2023 | €12.6b | €8.8b | €1.0b | 12.4x | 12.4x | 1.4x |
| Tue, 14 Mar 2023 | €13.0b | €8.8b | €1.0b | 12.8x | 12.8x | 1.5x |
| Thu, 09 Feb 2023 | €12.6b | €114.2b | -€1,211,000,000.00 | n/a | -10.4x | 0.1x |
| Sat, 07 Jan 2023 | €13.5b | €114.2b | -€1,211,000,000.00 | n/a | -11.2x | 0.1x |
| Mon, 05 Dec 2022 | €14.3b | €114.2b | -€1,211,000,000.00 | n/a | -11.8x | 0.1x |
| Sun, 28 Aug 2022 | €9.3b | €134.5b | -€2,575,000,000.00 | n/a | -3.6x | 0.07x |
| Tue, 26 Jul 2022 | €9.0b | €134.5b | -€2,575,000,000.00 | n/a | -3.5x | 0.07x |
| Thu, 23 Jun 2022 | €14.7b | €134.5b | -€2,575,000,000.00 | n/a | -5.7x | 0.1x |
| Sat, 21 May 2022 | €15.7b | €134.5b | -€2,575,000,000.00 | n/a | -6.1x | 0.1x |
| Mon, 18 Apr 2022 | €13.9b | €112.4b | €739.0m | 18.8x | 18.8x | 0.1x |
| Wed, 16 Mar 2022 | €15.6b | €112.4b | €739.0m | 21.2x | 21.1x | 0.1x |
| Fri, 11 Feb 2022 | €22.1b | €83.6b | €277.0m | 79.9x | 79.9x | 0.3x |
| Sun, 09 Jan 2022 | €22.9b | €83.6b | €277.0m | 82.7x | 82.7x | 0.3x |
| Tue, 07 Dec 2021 | €22.2b | €83.6b | €277.0m | 80.2x | 80.2x | 0.3x |
| Thu, 04 Nov 2021 | €23.0b | €73.9b | €1.2b | 19.6x | 19.6x | 0.3x |
| Sat, 02 Oct 2021 | €23.7b | €73.9b | €1.2b | 20.3x | 20.3x | 0.3x |
| Mon, 30 Aug 2021 | €22.9b | €73.9b | €1.2b | 19.5x | 19.5x | 0.3x |
| Tue, 06 Jul 2021 | €20.7b | €73.9b | €1.2b | 17.6x | 17.6x | 0.3x |
Price to Earnings Ratio
10.4x
Current Industry PE
- There is only one company in the Finnish Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Utilities industry have declined 10% per year over the last three years,
- Revenues have also declined 55% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Finnish Utilities sector?
| FI Market | 2.20% | |
| Utilities | 6.67% | |
| Electric Utilities | 6.67% | |
| Gas Utilities | 0% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
| Renewable Energy | 0% | |
Industry PE
- Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 13.8x.
- Analysts expect its future annual earnings decline (15.5%) to be largely in line with prior year's earnings decline.
- Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 13.8x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Electric Utilities industry since they expect its earnings to decline by only 15% per year over the next 5 years, which isn't as bad as the other industries.
- This is roughly in line with its past earnings decline.
- In contrast, the Electric Utilities industry is expected to see its earnings decline by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FORTUM Fortum Oyj | €13.99 | 6.7% +€785.1m | 4.4% | PE8.7x |