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Danish (OMX) Market Analysis & Valuation

UpdatedJul 25, 2026
DataAggregated Company Financials
Companies130
  • 7D-3.1%
  • 3M8.8%
  • 1Y-14.0%
  • YTD-0.5%

Over the last 7 days, the market has dropped 3.1%, driven by a decline of 5.9% in the Industrials sector. On the other hand, the Energy has risen by 7.6%. In the last 12 months the market is down 14%. Earnings are forecast to grow by 7.5% annually.

Trending IndustriesBiotech

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Jul 2026DKK 4.2tDKK 2.1tDKK 245.5b17.7x17x2x
Mon, 22 Jun 2026DKK 4.0tDKK 2.1tDKK 245.6b16.7x16.3x1.9x
Wed, 20 May 2026DKK 3.9tDKK 2.0tDKK 245.0b16.5x16.1x1.9x
Fri, 17 Apr 2026DKK 3.9tDKK 2.0tDKK 237.0b16.1x16.4x2x
Sun, 15 Mar 2026DKK 3.7tDKK 2.0tDKK 237.6b15.9x15.6x1.9x
Tue, 10 Feb 2026DKK 4.2tDKK 2.0tDKK 241.8b16.8x17.3x2.1x
Thu, 08 Jan 2026DKK 4.4tDKK 2.0tDKK 260.9b16.5x16.9x2.3x
Sat, 06 Dec 2025DKK 4.0tDKK 2.0tDKK 261.7b14.3x15.5x2.1x
Mon, 03 Nov 2025DKK 4.0tDKK 2.0tDKK 286.6b15x13.8x2x
Wed, 01 Oct 2025DKK 3.9tDKK 1.9tDKK 287.2b14.7x13.5x2x
Fri, 29 Aug 2025DKK 4.1tDKK 1.9tDKK 287.1b15.2x14.1x2.1x
Sun, 27 Jul 2025DKK 4.5tDKK 1.9tDKK 261.4b16x17.3x2.4x
Tue, 24 Jun 2025DKK 4.4tDKK 1.9tDKK 262.5b14.8x16.8x2.4x
Thu, 22 May 2025DKK 4.5tDKK 1.9tDKK 266.5b15.9x17.1x2.4x
Sat, 19 Apr 2025DKK 4.2tDKK 1.9tDKK 258.7b13.8x16.1x2.2x
Mon, 17 Mar 2025DKK 4.9tDKK 1.9tDKK 260.6b14.7x18.7x2.6x
Wed, 12 Feb 2025DKK 5.2tDKK 1.9tDKK 261.0b13.8x19.9x2.7x
Fri, 10 Jan 2025DKK 5.3tDKK 1.8tDKK 238.6b13.8x22.2x2.9x
Sun, 08 Dec 2024DKK 6.0tDKK 1.8tDKK 237.7b14.2x25.4x3.3x
Tue, 05 Nov 2024DKK 5.9tDKK 1.8tDKK 205.0b14.5x29x3.3x
Thu, 03 Oct 2024DKK 6.1tDKK 1.7tDKK 180.1b15.4x33.9x3.5x
Sat, 31 Aug 2024DKK 6.7tDKK 1.7tDKK 180.1b15.3x37.4x3.9x
Mon, 29 Jul 2024DKK 6.4tDKK 1.7tDKK 185.6b15.7x34.7x3.7x
Wed, 26 Jun 2024DKK 7.1tDKK 1.7tDKK 184.8b15.3x38.5x4.1x
Fri, 24 May 2024DKK 6.7tDKK 1.7tDKK 184.7b15.3x36.5x3.9x
Sun, 21 Apr 2024DKK 6.3tDKK 1.7tDKK 192.9b15.2x32.7x3.7x
Tue, 19 Mar 2024DKK 6.6tDKK 1.7tDKK 192.1b13.9x34.1x3.8x
Thu, 15 Feb 2024DKK 6.3tDKK 1.7tDKK 190.5b13.5x32.8x3.6x
Sat, 13 Jan 2024DKK 5.8tDKK 1.8tDKK 216.6b13.6x26.6x3.2x
Mon, 11 Dec 2023DKK 5.3tDKK 1.8tDKK 217.7b13.5x24.4x3x
Wed, 08 Nov 2023DKK 5.3tDKK 1.8tDKK 217.9b12.5x24.4x3x
Fri, 06 Oct 2023DKK 5.1tDKK 1.9tDKK 285.4b13.1x18x2.7x
Sun, 03 Sep 2023DKK 5.4tDKK 1.9tDKK 283.9b13.4x18.9x2.9x
Tue, 01 Aug 2023DKK 5.1tDKK 1.9tDKK 322.8b13.5x15.7x2.6x
Price to Earnings Ratio

15.7x


Total Market Cap: DKK 5.1tTotal Earnings: DKK 322.8bTotal Revenue: DKK 1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 22.5x202420252026
Current Market PE
  • Investors are pessimistic on the Danish market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 17.0x which is lower than its 3-year average PE of 22.5x.
Past Earnings Growth
  • The earnings for Danish listed companies have declined 8.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market-3.10%
Energy7.59%
Utilities0.10%
Real Estate-1.15%
Financials-1.59%
Consumer Discretionary-1.99%
Telecom-2.00%
Consumer Staples-2.25%
Tech-2.26%
Healthcare-2.62%
Materials-3.04%
Industrials-5.86%
Sector PE
  • Investors favour the Materials sector the most for future growth even though it's trading below its 3-year average PE ratio of 59.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 15.1%, which is higher than its past year's earnings growth of 8.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 25% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 33% 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
FLS FLSmidthDKK 493.007.6%
+DKK 1.9b		22.4%PE19.2xIndustrials
TRMD A TORMDKK 199.807.6%
+DKK 1.4b		67.9%PE9xEnergy
EMBLA Embla Medical hfDKK 28.156.2%
+DKK 691.4m		-12.6%PE19.4xHealthcare
GMAB GenmabDKK 1.88k0.5%
+DKK 583.2m		26.0%PE21.4xHealthcare
DNORD Dampskibsselskabet NordenDKK 336.806.0%
+DKK 532.9m		43.6%PE14.5xIndustrials
See more

Market Insights

Header cover image
Healthcare just hit its lowest market weight since 1994. But dig deeper into the sector, and the collapse starts to look like a costume in some ways.
Continue reading
A brand’s strength doesn’t always last

Latest News

DSV
DKK 1,448.50
DSV
7D
-14.4%
1Y
-6.8%
Analysis Article • 5h

Earnings Miss: DSV A/S Missed EPS By 5.8% And Analysts Are Revising Their Forecasts

It's been a sad week for DSV A/S ( CPH:DSV ), who've watched their investment drop 14% to kr.1,449 in the week since...
GMAB
DKK 1,878.50
Genmab
7D
0.5%
1Y
26.0%
EMBLA
DKK 28.15
Embla Medical hf
7D
6.2%
1Y
-12.6%
Analysis Article • Jul 24

Embla Medical hf. Just Recorded A 28% EPS Beat: Here's What Analysts Are Forecasting Next

Embla Medical hf. ( CPH:EMBLA ) last week reported its latest second-quarter results, which makes it a good time for...
NOVO B
DKK 320.60
Novo Nordisk
7D
-2.8%
1Y
-29.1%
DANSKE
DKK 356.50
Danske Bank
7D
-3.0%
1Y
37.2%
Analysis Article • Jul 21

Analysts Have Made A Financial Statement On Danske Bank A/S' (CPH:DANSKE) Second-Quarter Report

As you might know, Danske Bank A/S ( CPH:DANSKE ) just kicked off its latest quarterly results with some very strong...
MAERSK B
DKK 17,025.00
A.P. Møller - Mærsk
7D
0.3%
1Y
23.2%
FLS
DKK 493.00
FLSmidth
7D
7.6%
1Y
22.4%
COLO B
DKK 403.60
Coloplast
7D
-4.5%
1Y
-34.7%
Narrative Update • Jul 15

COLO B: Recent P/E Reset Will Create Upside Opportunity

Analysts have lowered the fair value estimate for Coloplast to DKK 584 from DKK 868, reflecting a reset in price assumptions and P/E expectations, while recent price targets across the Street range from DKK 345 to DKK 484. Analyst Commentary Recent Street research on Coloplast shows a wide spread in views, but there are several constructive signals that point to ongoing interest in the stock at current levels.
VWS
DKK 173.55
Vestas Wind Systems
7D
-2.2%
1Y
38.3%
ALK B
DKK 227.00
ALK-Abelló
7D
-5.4%
1Y
14.9%
Narrative Update • Jul 10

ALK B: Allergy Immunotherapy Leadership Will Drive Future Earnings Reassessment

Analysts have raised their price target on ALK-Abelló from DKK 185 to DKK 285, citing the company's position as a global leader in allergy immunotherapy and recent Street research that supports this view. What’s in the News for ALK-Abelló MHRA in the UK granted marketing authorisation for EURneffy 1 mg, the first needle-free adrenaline treatment for anaphylaxis in children aged 4 and older weighing 15 kg to less than 30 kg.
NSIS B
DKK 411.20
Novozymes
7D
-3.1%
1Y
-7.1%
Narrative Update • Jul 10

NSIS B: Fair Outlook Will Rely On Probiotic Expansion In China

The analyst fair value estimate for Novozymes has been raised from DKK 380 to DKK 400, reflecting a series of higher Street price targets from multiple firms as analysts point to updated views on growth, margins and valuation for Novonesis. Analyst Commentary Recent Street research on Novozymes and Novonesis highlights a mix of optimism on long term potential and caution around execution and valuation risk.
TRMD A
DKK 199.80
TORM
7D
7.6%
1Y
67.9%
Narrative Update • Jul 10

TRMD A: Strong Q2 Margins Will Support Returns Despite Lower P/E

The analyst fair value estimate for TORM has been revised from DKK 169.57 to DKK 215.18 as analysts factor in updated views on Q2 strength, profit margins, a lower future P/E, and a slightly higher discount rate. Analyst Commentary Recent research on TORM highlights a mix of optimism around recent execution and caution about how much of the strong Q2 performance may already be reflected in the stock price.
CARL B
DKK 905.60
Carlsberg
7D
-2.3%
1Y
2.9%
Narrative Update • Jul 09

CARL B: Expanded Sapporo Alliance And India IPO Plans Will Support Rerating

Carlsberg's analyst fair value estimate has been nudged higher from DKK 1,299.09 to DKK 1,341.42, reflecting updated assumptions on revenue growth and profit margin, even as some brokers, such as Morgan Stanley and Citi, have recently trimmed headline price targets while others have turned more positive on the stock. Analyst Commentary Recent commentary around Carlsberg highlights a split between cautious price target revisions and a more constructive view from some bullish analysts who see room for upside if the company executes well on its current plans.
DNORD
DKK 336.80
Dampskibsselskabet Norden
7D
6.0%
1Y
43.6%
JYSK
DKK 1,003.00
Jyske Bank
7D
0.5%
1Y
54.8%
Narrative Update • Jun 16

JYSK: Share Repurchases And Capital Changes Will Steady Future Share Price

Analysts have nudged their price target for Jyske Bank slightly higher, with fair value moving from DKK 946.00 to DKK 950.00, citing small refinements to the discount rate, revenue growth, profit margin and future P/E assumptions. What’s in the News for Jyske Bank Jyske Bank is progressing with its 2026 share repurchase programme, which runs from 5 February 2026 to 29 January 2027 and targets up to DKK 3b in share buybacks, according to recent disclosures.
IG
DKK 13.90
InstallatørGruppen
7D
7.6%
1Y
n/a