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Danish (OMX) Market Analysis & Valuation

UpdatedMay 23, 2024
DataAggregated Company Financials
Companies151
  • 7D0.3%
  • 3M6.3%
  • 1Y31.8%
  • YTD20.9%

The market is up 1.6% over the last week, with the Healthcare sector leading the way, up 1.8%. As for the past 12 months, the market is up 30%. Looking forward, earnings are forecast to grow by 13% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 May 2024kr.6.7tkr.1.7tkr.184.6b15.2x36.1x3.9x
Sat, 20 Apr 2024kr.6.3tkr.1.7tkr.192.9b15.2x32.5x3.6x
Mon, 18 Mar 2024kr.6.5tkr.1.7tkr.192.0b13.8x33.9x3.8x
Wed, 14 Feb 2024kr.6.2tkr.1.7tkr.190.6b13.4x32.4x3.6x
Fri, 12 Jan 2024kr.5.7tkr.1.8tkr.216.5b13.6x26.5x3.2x
Sun, 10 Dec 2023kr.5.3tkr.1.8tkr.217.7b13.5x24.4x3x
Tue, 07 Nov 2023kr.5.3tkr.1.8tkr.217.4b12.5x24.4x3x
Thu, 05 Oct 2023kr.5.2tkr.1.9tkr.285.4b12.6x18.1x2.7x
Sat, 02 Sep 2023kr.5.4tkr.1.9tkr.283.5b13.4x18.9x2.9x
Mon, 31 Jul 2023kr.5.0tkr.1.9tkr.322.7b13.5x15.4x2.6x
Wed, 28 Jun 2023kr.5.0tkr.1.9tkr.321.6b13.4x15.5x2.6x
Fri, 26 May 2023kr.5.1tkr.1.9tkr.325.8b14.6x15.8x2.6x
Sun, 23 Apr 2023kr.5.1tkr.1.9tkr.343.1b15.2x15x2.7x
Tue, 21 Mar 2023kr.4.7tkr.1.9tkr.347.1b13.4x13.5x2.4x
Thu, 16 Feb 2023kr.4.8tkr.1.9tkr.346.8b14.1x13.8x2.5x
Sat, 14 Jan 2023kr.4.6tkr.1.9tkr.356.2b13.4x12.9x2.4x
Mon, 12 Dec 2022kr.4.6tkr.1.9tkr.361.5b13.9x12.7x2.4x
Wed, 09 Nov 2022kr.4.3tkr.1.9tkr.367.9b13.7x11.7x2.2x
Fri, 07 Oct 2022kr.4.1tkr.1.9tkr.346.4b13.2x11.9x2.2x
Sun, 04 Sep 2022kr.4.4tkr.1.9tkr.343.3b13.6x12.7x2.3x
Tue, 02 Aug 2022kr.4.8tkr.1.8tkr.302.7b12.7x15.8x2.7x
Thu, 30 Jun 2022kr.4.4tkr.1.8tkr.300.2b12.5x14.6x2.5x
Sat, 28 May 2022kr.2.7tkr.1.6tkr.246.9b13.1x11.1x1.7x
Mon, 25 Apr 2022kr.4.6tkr.1.6tkr.265.9b14.3x17.5x2.9x
Wed, 23 Mar 2022kr.4.7tkr.1.6tkr.263.1b14.5x17.7x2.9x
Fri, 18 Feb 2022kr.4.4tkr.1.6tkr.252.9b14.9x17.5x2.8x
Sun, 16 Jan 2022kr.4.5tkr.1.5tkr.213.0b17x21.2x3.1x
Tue, 14 Dec 2021kr.4.9tkr.1.5tkr.213.1b16.1x23x3.3x
Thu, 11 Nov 2021kr.5.0tkr.1.4tkr.211.2b16.4x23.5x3.4x
Sat, 09 Oct 2021kr.4.5tkr.1.4tkr.187.7b15.3x24.1x3.3x
Mon, 06 Sep 2021kr.4.9tkr.1.4tkr.186.2b16.2x26.4x3.6x
Wed, 04 Aug 2021kr.4.8tkr.1.4tkr.185.9b15.7x25.6x3.5x
Price to Earnings Ratio

28.6x


Total Market Cap: kr.4.3tTotal Earnings: kr.148.9bTotal Revenue: kr.1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 20x202220232024
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 36.3x which is higher than its 3-year average PE of 20.0x.
Past Earnings Growth
  • The earnings for Danish listed companies have grown 7.4% per year over the last three years.
  • Revenues for these companies have grown 9.7% 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 Market0.33%
Real Estate5.55%
Financials2.37%
Materials2.24%
Telecom0.89%
Healthcare0.66%
Tech-0.23%
Industrials-0.96%
Consumer Discretionary-1.66%
Consumer Staples-1.90%
Energy-2.14%
Utilities-4.85%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 47.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 36.3%, which is higher than its past year's earnings growth of 10.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 54% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 24% 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.923.000.6%
+kr.9.0b		64.6%PE45.9xHealthcare
COLO B Coloplastkr.876.204.6%
+kr.8.7b		-0.2%PE39.7xHealthcare
DANSKE Danske Bankkr.201.104.5%
+kr.7.2b		41.3%PB1xFinancials
NSIS B Novozymeskr.435.502.1%
+kr.4.2b		23.1%PE66.9xMaterials
TRYG Trygkr.145.502.1%
+kr.1.8b		-9.2%PE24.4xFinancials
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