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Danish (OMX) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies152
  • 7D0.7%
  • 3M21.2%
  • 1Y38.3%
  • YTD18.4%

In the last week, the market has stayed flat, however the Energy sector stood out, gaining 3.7%. More promisingly, the market is up 37% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024kr.6.6tkr.1.7tkr.192.1b13.9x34.1x3.8x
Thu, 15 Feb 2024kr.6.3tkr.1.7tkr.190.5b13.5x32.8x3.6x
Sat, 13 Jan 2024kr.5.8tkr.1.8tkr.216.6b13.6x26.6x3.2x
Mon, 11 Dec 2023kr.5.3tkr.1.8tkr.217.7b13.5x24.4x3x
Wed, 08 Nov 2023kr.5.3tkr.1.8tkr.217.9b12.5x24.4x3x
Fri, 06 Oct 2023kr.5.1tkr.1.9tkr.285.4b13.1x18x2.7x
Sun, 03 Sep 2023kr.5.4tkr.1.9tkr.283.9b13.4x18.9x2.9x
Tue, 01 Aug 2023kr.5.1tkr.1.9tkr.322.8b13.5x15.7x2.6x
Thu, 29 Jun 2023kr.4.9tkr.1.9tkr.322.4b13.6x15.3x2.5x
Sat, 27 May 2023kr.5.2tkr.1.9tkr.326.6b14.4x15.9x2.7x
Mon, 24 Apr 2023kr.5.1tkr.1.9tkr.343.1b15.2x15x2.7x
Wed, 22 Mar 2023kr.4.7tkr.1.9tkr.346.1b13.4x13.7x2.5x
Fri, 17 Feb 2023kr.4.7tkr.1.9tkr.347.2b14.1x13.7x2.5x
Sun, 15 Jan 2023kr.4.6tkr.1.9tkr.355.7b13.4x12.9x2.4x
Tue, 13 Dec 2022kr.4.5tkr.1.9tkr.361.7b13.8x12.5x2.4x
Thu, 10 Nov 2022kr.4.4tkr.1.9tkr.366.5b14x12.1x2.3x
Sat, 08 Oct 2022kr.4.1tkr.1.9tkr.347.6b12.4x11.7x2.1x
Mon, 05 Sep 2022kr.4.4tkr.1.9tkr.343.3b13.6x12.7x2.3x
Wed, 03 Aug 2022kr.4.8tkr.1.8tkr.303.8b12.7x15.7x2.7x
Fri, 01 Jul 2022kr.4.3tkr.1.8tkr.300.2b12.3x14.4x2.5x
Sun, 29 May 2022kr.4.4tkr.1.7tkr.296.3b13.3x14.9x2.5x
Tue, 26 Apr 2022kr.4.6tkr.1.6tkr.266.8b14.4x17.4x2.9x
Thu, 24 Mar 2022kr.4.6tkr.1.6tkr.263.2b14.2x17.6x2.9x
Sat, 19 Feb 2022kr.4.3tkr.1.6tkr.253.2b14.5x17.2x2.8x
Mon, 17 Jan 2022kr.4.5tkr.1.5tkr.213.0b17x21.2x3.1x
Wed, 15 Dec 2021kr.4.8tkr.1.5tkr.213.3b16.1x22.4x3.3x
Fri, 12 Nov 2021kr.5.0tkr.1.5tkr.211.5b16.7x23.7x3.5x
Sun, 10 Oct 2021kr.4.5tkr.1.4tkr.187.7b15.3x24.1x3.3x
Tue, 07 Sep 2021kr.4.9tkr.1.4tkr.186.2b16.2x26.3x3.6x
Thu, 05 Aug 2021kr.4.8tkr.1.4tkr.185.9b15.3x25.9x3.6x
Sun, 09 May 2021kr.4.2tkr.1.3tkr.148.6b16.1x28x3.2x
Price to Earnings Ratio

27x


Total Market Cap: kr.4.0tTotal Earnings: kr.148.6bTotal Revenue: kr.1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 19.6x202220232024
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 33.9x which is higher than its 3-year average PE of 19.6x.
Past Earnings Growth
  • The earnings for Danish listed companies have grown 8.9% 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 Market0.70%
Tech2.14%
Healthcare1.46%
Energy1.13%
Consumer Discretionary1.11%
Financials0.85%
Telecom0.41%
Real Estate-0.38%
Consumer Staples-1.15%
Materials-1.93%
Industrials-2.29%
Utilities-2.31%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 46.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 34.7% 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 55% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 19% 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.914.202.1%
+kr.85.2b
84.9%PE48.8xHealthcare
DANSKE Danske Bankkr.207.102.1%
+kr.3.6b
47.7%PB1xFinancials
GN GN Store Nordkr.159.704.6%
+kr.1.0b
11.2%PE102xConsumer Discretionary
NKT NKTkr.568.503.5%
+kr.1.0b
72.4%PE37.9xIndustrials
FLS FLSmidthkr.333.804.4%
+kr.805.7m
36.8%PE27.9xIndustrials
See more
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Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

GN

kr.159.70

GN Store Nord

7D

4.6%

1Y

11.2%

HLUN B

kr.33.00

H. Lundbeck

7D

2.0%

1Y

7.1%

DANSKE

kr.207.10

Danske Bank

7D

2.1%

1Y

47.7%

MAERSK B

kr.8,912.00

A.P. Møller - Mærsk

7D

-6.4%

1Y

-44.5%

DSV

kr.1,039.50

DSV

7D

-2.4%

1Y

-17.3%

JYSK

kr.564.00

Jyske Bank

7D

1.7%

1Y

18.1%

GMAB

kr.2,043.00

Genmab

7D

-4.8%

1Y

-18.4%

ZEAL

kr.697.50

Zealand Pharma

7D

1.7%

1Y

216.5%

FLS

kr.333.80

FLSmidth

7D

4.4%

1Y

36.8%

CARL B

kr.919.40

Carlsberg

7D

-2.2%

1Y

-9.7%

COLO B

kr.930.60

Coloplast

7D

-3.6%

1Y

10.6%

NSIS B

kr.406.90

Novozymes

7D

-1.9%

1Y

19.2%

ORSTED

kr.354.70

Ørsted

7D

-2.3%

1Y

-36.5%