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

Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates. The market is trading close to its 3-year average PE ratio of 15.6x.

Which sectors have driven the changes within the Danish Market?

Investors are most optimistic about the Tech sector even though it's trading below its 3-year average PE ratio of 44.2x. This is likely because analysts are expecting annual earnings growth of 20%, which is higher than its past year's earnings growth of 14% per year. Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 7.2x.

Danish (OMX) Market Analysis & Valuation

Date	Market Cap	Revenue	Earnings	PE
Mon, 23 May 2022	kr.4.5t	kr.1.7t	kr.298.5b	13.3x
Wed, 20 Apr 2022	kr.4.7t	kr.1.6t	kr.265.8b	14.3x
Fri, 18 Mar 2022	kr.4.7t	kr.1.6t	kr.262.1b	14.3x
Sun, 13 Feb 2022	kr.4.4t	kr.1.6t	kr.254.4b	15.4x
Tue, 11 Jan 2022	kr.4.6t	kr.1.5t	kr.213.6b	17.3x
Thu, 09 Dec 2021	kr.4.9t	kr.1.5t	kr.212.8b	16.4x
Sat, 06 Nov 2021	kr.4.9t	kr.1.4t	kr.210.2b	17x
Mon, 04 Oct 2021	kr.4.5t	kr.1.4t	kr.187.5b	15.2x
Wed, 01 Sep 2021	kr.4.8t	kr.1.4t	kr.185.9b	16.1x
Thu, 08 Jul 2021	kr.4.4t	kr.1.4t	kr.186.0b	15.5x
Wed, 31 Mar 2021	kr.4.0t	kr.1.3t	kr.148.6b	15.8x
Sat, 02 Jan 2021	kr.3.9t	kr.1.2t	kr.111.3b	16.5x
Tue, 06 Oct 2020	kr.3.6t	kr.1.2t	kr.111.9b	18.2x
Fri, 10 Jul 2020	kr.3.3t	kr.1.3t	kr.100.0b	15.5x
Thu, 02 Apr 2020	kr.2.8t	kr.1.3t	kr.108.8b	12.8x
Sun, 05 Jan 2020	kr.3.0t	kr.1.2t	kr.106.2b	15x
Wed, 09 Oct 2019	kr.2.8t	kr.1.2t	kr.135.0b	13.9x
Tue, 02 Jul 2019	kr.2.7t	kr.1.2t	kr.119.0b	15.3x


DK Market	3.51%
Utilities	11.52%
Industrials	5.70%
Energy	5.37%
Tech	5.03%
Real Estate	4.19%
Telecom	3.26%
Healthcare	2.38%
Financials	2.25%
Materials	1.34%
Consumer Staples	-0.31%
Consumer Discretionary	-4.09%

Company	Last Price	7D	1Y	Valuation	Sector
NOVO B Novo Nordisk	kr.751.80	2.3% +kr.38.2b	51.3%	PS34.6x	Healthcare
ORSTED Ørsted	kr.773.80	7.6% +kr.22.9b	-16.3%	PS22.3x	Utilities
VWS Vestas Wind Systems	kr.164.08	9.7% +kr.14.6b	-29.3%	PS1.4x	Industrials
MAERSK B A.P. Møller - Mærsk	kr.20.47k	3.2% +kr.11.8b	19.7%	PS2.5x	Industrials
DSV DSV	kr.1.12k	3.5% +kr.8.2b	-23.0%	PS19.5x	Industrials

May 12

Jabra Launches the Engage 55, the Newest Product in Jabra's Engage Series

Jabra launched the Engage 55, the newest product in Jabra's Engage series. Engineered to enhance communications, the latest headset comes with the DECT security with military-grade 256-bit encryption and noise cancelling technology. It also has an extensive wireless range, set to enable hybrid call professionals to make calls whenever or wherever they can, taking 'walk and talk' to new lengths. The Jabra Engage 55 is a brand-new DECT wireless professional headset designed for superior conversation quality. It comes with improved noise-cancelling technology and microphone performance, enabling more employees to have meetings in the same space without any interference. The Engage 55 also offers the best level of security of any wireless headset available, which makes it the ideal headset for those working across all industries, remotely or otherwise. With virtual meetings becoming the standard for businesses, it's more crucial than ever for employees to be heard and be able to speak freely with their co-workers or customers without being interrupted or having their voices muffled. The Jabra Engage 55 therefore has a noise cancelling and voice enhancing microphone that removes background sounds whilst keeping voice crystal clear for more focused conversation experiences. With employees being in calls for hours every day, it's more important than ever to protect their hearing. Therefore, the Engage 55 also offers additional hearing protection benefits. Jabra SafeTone 2.0™ provides speech level normalisation, which allows the user to adjust the volume level of incoming calls according to their preferences. The headset also has intelligent acoustic shock protection, which reduces potentially harmful noise levels without affecting the audio quality. As well as this, it has PeakStop at 105 dB, the proactive removal of sudden loud sounds and BalancedVoice™, in which incoming sound is processed to be clearer without increasing the level. The current trend of remote working makes companies more vulnerable to cyber-attacks. Therefore, security is more important than ever. Cybercrime rises due to eavesdropping and the data breaches this causes, and there is the growing importance of safeguarding client discussions, which often involve sensitive information. The Engage 55 includes additional features that make it the professional wireless headset on the market. The connection between the wireless adapter and the headset is certified to the DECT Security – Level C – making it ultra-secure. It also has additional FIPS military-grade 256-bit encryption algorithms to effectively prevent eavesdropping on conversations. For added mobility, the Engage 55 features a long wireless range. With a range of up to 150 meters/490 feet, the Engage 55 gives employees the freedom to move around their home or office work environments without compromising call quality. The headset comes with a link 400 USB DECT adapter that is bigger and able to stay securely in place when plugged in. The adapter is not only more advanced than its counterparts, but designed to last. The lightweight design of the headset also ensures a personalised fit with adaptable ear cups suited for all-day comfort. There is a choice in wearing styles; with stereo, mono and convertible styles, there is an option for every user. To save any issues with setting up, the headset comes pre-paired out of the box with a visible status light, which indicates to surrounding if you're busy and don't want to be disturbed. The new Engage headset works with all leading Unified Communications and Contact Centre platforms, including MS Teams, Zoom, Cisco, Unify, Amazon Chime, Google Meet, Avaya, Unify and Alcatel Lucent. Key features of the Engage 55: Premium open office microphone - Filters out background noise for crystal clear conversations; Military grade security – Level C DECT security; Up to 150m/490ft connectivity range – 15x larger than the range of any Class 2 Bluetooth device; Link 400 DECT USB dongle – with durable 'puck' design for easy transportation; Professional speech clarity - Speakers optimised for speech quality; Works with all leading Unified Communications and Contact Centre platforms – MS Teams, Zoom, Cisco, Unify, Amazon Chime, Google Meet, Avaya, Unify, Alcatel Lucent; All-day lightweight wearing comfort - 18-83g, low pressure; Protect hearing well-being - SafeTone 2.0 protection; Deter interruptions - Busylight on earcup and boom-arm; and Choice of wearing style - Stereo /Mono /Convertible.

Danish (OMX) Market Analysis & Valuation

Market Valuation and Performance

Sector Trends

Top Stock Gainers and Losers

Latest News

COLO B

Is There An Opportunity With Coloplast A/S' (CPH:COLO B) 45% Undervaluation?

PNDORA

At kr.511, Is Pandora A/S (CPH:PNDORA) Worth Looking At Closely?

NOVO B

If You Like EPS Growth Then Check Out Novo Nordisk (CPH:NOVO B) Before It's Too Late

VWS

Vestas Wind Systems A/S Introduces the V163-4.5 Mw, Increasing Business Case Certainty by Improving Wind Park Performance and Stability in Wind Power

ORSTED

Ørsted A/S (CPSE:ORSTED) agreed to acquire 121 MW onshore wind farm in Ford County from funds managed by Ares Management Corporation (NYSE:ARES).

DEMANT

Is Now The Time To Look At Buying Demant A/S (CPH:DEMANT)?

RBREW

Why You Should Care About Royal Unibrew's (CPH:RBREW) Strong Returns On Capital

GMAB

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

GN

Jabra Launches the Engage 55, the Newest Product in Jabra's Engage Series

BAVA

Consensus forecasts updated

DSV

Now 23% undervalued after recent price drop

CHR

A Look At The Fair Value Of Chr. Hansen Holding A/S (CPH:CHR)

MAERSK B

Maersk in Talks with Buyers for Stake as Quits Russia

DANSKE

Danske Bank A/S Provides Earnings Guidance for the Full Year of 2022

DRLCO

Less than half of directors are independent

CARL B

Carlsberg Reportedly in Talks to Sell Russian Unit to Chernogolovka