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Danish (OMX) Market Analysis & Valuation

UpdatedApr 27, 2024
DataAggregated Company Financials
Companies153
  • 7D1.7%
  • 3M12.1%
  • 1Y25.8%
  • YTD15.9%

Over the last 7 days, the market has risen 1.7%, driven by gains of 1.9% in the Healthcare sector. The market is up 26% over the last 12 months. 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
Sat, 27 Apr 2024kr.6.4tkr.1.7tkr.191.3b14.7x33.5x3.7x
Mon, 25 Mar 2024kr.6.5tkr.1.7tkr.192.3b15.2x33.7x3.8x
Wed, 21 Feb 2024kr.6.3tkr.1.7tkr.190.4b13.6x32.9x3.7x
Fri, 19 Jan 2024kr.5.7tkr.1.8tkr.217.1b13.4x26.4x3.2x
Sun, 17 Dec 2023kr.5.3tkr.1.8tkr.216.8b13.3x24.6x3x
Tue, 14 Nov 2023kr.5.3tkr.1.8tkr.218.3b12.6x24.3x3x
Thu, 12 Oct 2023kr.5.4tkr.1.9tkr.284.3b13.3x19x2.9x
Sat, 09 Sep 2023kr.5.4tkr.1.9tkr.283.0b13.4x19.1x2.9x
Mon, 07 Aug 2023kr.4.9tkr.1.9tkr.274.2b13.5x17.9x2.7x
Wed, 05 Jul 2023kr.5.1tkr.1.9tkr.322.7b13.9x15.7x2.6x
Fri, 02 Jun 2023kr.5.1tkr.1.9tkr.324.8b14.5x15.7x2.6x
Sun, 30 Apr 2023kr.5.2tkr.1.9tkr.339.5b15.3x15.2x2.7x
Tue, 28 Mar 2023kr.4.9tkr.1.9tkr.346.3b14x14.1x2.5x
Thu, 23 Feb 2023kr.4.8tkr.1.9tkr.348.6b13.8x13.7x2.5x
Sat, 21 Jan 2023kr.4.7tkr.1.9tkr.355.8b13.7x13.1x2.4x
Mon, 19 Dec 2022kr.4.5tkr.1.9tkr.360.5b13.2x12.5x2.3x
Wed, 16 Nov 2022kr.4.3tkr.1.9tkr.364.4b13.7x11.9x2.2x
Fri, 14 Oct 2022kr.4.1tkr.1.9tkr.347.6b12.7x11.7x2.1x
Sun, 11 Sep 2022kr.4.4tkr.1.9tkr.342.9b13.4x12.9x2.3x
Tue, 09 Aug 2022kr.4.5tkr.1.9tkr.342.7b12.8x13.2x2.4x
Thu, 07 Jul 2022kr.4.4tkr.1.8tkr.304.9b11.9x14.5x2.5x
Sat, 04 Jun 2022kr.4.6tkr.1.7tkr.296.2b13.1x15.4x2.6x
Mon, 02 May 2022kr.4.7tkr.1.7tkr.275.5b14.6x17.1x2.8x
Wed, 30 Mar 2022kr.4.6tkr.1.6tkr.262.2b14.3x17.6x2.9x
Fri, 25 Feb 2022kr.4.3tkr.1.6tkr.255.6b14.4x16.7x2.7x
Sun, 23 Jan 2022kr.4.5tkr.1.5tkr.213.6b16.6x20.9x3.1x
Tue, 21 Dec 2021kr.4.7tkr.1.5tkr.213.1b16.3x21.9x3.2x
Thu, 18 Nov 2021kr.5.0tkr.1.5tkr.212.8b16.5x23.6x3.4x
Sat, 16 Oct 2021kr.4.7tkr.1.4tkr.187.6b16.3x25x3.4x
Mon, 13 Sep 2021kr.4.8tkr.1.4tkr.185.9b15.9x25.8x3.6x
Wed, 11 Aug 2021kr.4.8tkr.1.4tkr.185.9b15.5x25.9x3.6x
Sun, 06 Jun 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 19.8x202220232024
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 33.5x which is higher than its 3-year average PE of 19.8x.
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 Market1.73%
Energy5.88%
Consumer Discretionary3.11%
Consumer Staples2.61%
Industrials1.90%
Healthcare1.89%
Telecom1.47%
Utilities0.99%
Materials0.77%
Financials-0.40%
Tech-1.40%
Real Estate-1.97%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 47.6x.
    • 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 52% 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.886.602.4%
+kr.90.8b		57.7%PE47.3xHealthcare
MAERSK B A.P. Møller - Mærskkr.10.33k8.0%
+kr.12.0b		-15.3%PE6.1xIndustrials
VWS Vestas Wind Systemskr.183.553.8%
+kr.6.8b		-1.6%PE321.8xIndustrials
CARL B Carlsbergkr.954.202.9%
+kr.3.5b		-14.6%PE18.2xConsumer Staples
ZEAL Zealand Pharmakr.622.006.6%
+kr.2.4b		172.6%PS113xHealthcare
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