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Danish (OMX) Banks Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies19
- 7D-3.6%
- 3M2.1%
- 1Y16.1%
- YTD13.4%
Over the last 7 days, the Banks industry has dropped 3.6%, driven by a pullback from Danske Bank of 4.4%. In the past year, the industry has gained 16%. As for the next few years, earnings are forecast to decline by 7.2% per annum.
Industry Valuation and Performance
Has the Danish Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | DKK 290.5b | DKK 103.1b | DKK 41.2b | 5.6x | 7.1x | 2.8x |
| Tue, 19 Nov 2024 | DKK 291.6b | DKK 103.0b | DKK 41.1b | 5.5x | 7.1x | 2.8x |
| Thu, 17 Oct 2024 | DKK 251.3b | DKK 86.7b | DKK 34.8b | 5.5x | 7.2x | 2.9x |
| Sat, 14 Sep 2024 | DKK 256.4b | DKK 86.7b | DKK 34.8b | 5.5x | 7.4x | 3x |
| Mon, 12 Aug 2024 | DKK 253.2b | DKK 86.5b | DKK 34.9b | 5.4x | 7.2x | 2.9x |
| Wed, 10 Jul 2024 | DKK 260.8b | DKK 84.5b | DKK 34.0b | 5.6x | 7.7x | 3.1x |
| Fri, 07 Jun 2024 | DKK 267.1b | DKK 84.5b | DKK 34.0b | 5.5x | 7.8x | 3.2x |
| Sun, 05 May 2024 | DKK 254.4b | DKK 84.3b | DKK 33.9b | 5.8x | 7.5x | 3x |
| Tue, 02 Apr 2024 | DKK 265.9b | DKK 83.1b | DKK 33.0b | 5.8x | 8.1x | 3.2x |
| Thu, 29 Feb 2024 | DKK 257.7b | DKK 82.7b | DKK 32.8b | 6.2x | 7.9x | 3.1x |
| Sat, 27 Jan 2024 | DKK 245.7b | DKK 80.5b | DKK 30.7b | 6.4x | 8x | 3.1x |
| Mon, 25 Dec 2023 | DKK 228.1b | DKK 80.5b | DKK 30.7b | 5.7x | 7.4x | 2.8x |
| Wed, 22 Nov 2023 | DKK 227.6b | DKK 80.4b | DKK 30.6b | 6.1x | 7.4x | 2.8x |
| Fri, 20 Oct 2023 | DKK 221.7b | DKK 75.2b | DKK 10.1b | 7.4x | 21.9x | 2.9x |
| Sun, 17 Sep 2023 | DKK 215.1b | DKK 75.2b | DKK 10.1b | 7.1x | 21.3x | 2.9x |
| Tue, 15 Aug 2023 | DKK 220.1b | DKK 73.2b | DKK 8.8b | 9x | 25.1x | 3x |
| Thu, 13 Jul 2023 | DKK 219.1b | DKK 69.4b | DKK 5.3b | 8.4x | 41.5x | 3.2x |
| Sat, 10 Jun 2023 | DKK 215.7b | DKK 69.3b | DKK 5.2b | 8.2x | 41.1x | 3.1x |
| Mon, 08 May 2023 | DKK 189.2b | DKK 68.7b | DKK 4.9b | 8.5x | 38.6x | 2.8x |
| Wed, 05 Apr 2023 | DKK 76.5b | DKK 20.0b | DKK 6.8b | 9.3x | 11.3x | 3.8x |
| Fri, 03 Mar 2023 | DKK 88.2b | DKK 19.8b | DKK 6.8b | 10.9x | 13x | 4.5x |
| Sun, 29 Jan 2023 | DKK 77.1b | DKK 19.6b | DKK 6.0b | 10.9x | 12.9x | 3.9x |
| Tue, 27 Dec 2022 | DKK 73.8b | DKK 19.6b | DKK 6.0b | 10.5x | 12.3x | 3.8x |
| Thu, 24 Nov 2022 | DKK 69.4b | DKK 19.6b | DKK 6.0b | 10.5x | 11.5x | 3.5x |
| Sat, 22 Oct 2022 | DKK 150.7b | DKK 65.0b | DKK 17.2b | 8.8x | 8.7x | 2.3x |
| Mon, 19 Sep 2022 | DKK 155.0b | DKK 65.0b | DKK 17.2b | 9.3x | 9x | 2.4x |
| Wed, 17 Aug 2022 | DKK 153.3b | DKK 65.6b | DKK 17.7b | 8.4x | 8.6x | 2.3x |
| Fri, 15 Jul 2022 | DKK 141.4b | DKK 67.4b | DKK 18.7b | 7.4x | 7.5x | 2.1x |
| Sun, 12 Jun 2022 | DKK 160.2b | DKK 67.4b | DKK 18.7b | 7.7x | 8.5x | 2.4x |
| Tue, 10 May 2022 | DKK 150.5b | DKK 67.4b | DKK 19.2b | 8x | 7.8x | 2.2x |
| Thu, 07 Apr 2022 | DKK 166.0b | DKK 67.2b | DKK 19.2b | 8.5x | 8.6x | 2.5x |
| Sat, 05 Mar 2022 | DKK 147.6b | DKK 67.0b | DKK 19.2b | 8.3x | 7.7x | 2.2x |
| Mon, 31 Jan 2022 | DKK 177.9b | DKK 64.5b | DKK 16.4b | 9.5x | 10.8x | 2.8x |
| Wed, 29 Dec 2021 | DKK 162.4b | DKK 64.5b | DKK 16.4b | 8.7x | 9.9x | 2.5x |
Price to Earnings Ratio
9.9x
Current Industry PE
- Investors are pessimistic on the Danish Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.1x which is lower than its 3-year average PE of 13.4x.
- The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Danish Financials industry?
| DK Market | -13.67% | |
| Financials | -3.64% | |
| Banks | -3.62% | |
| Regional Banks | -1.53% | |
| Diversified Banks | -4.28% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 10.2x.
- Analysts are expecting annual earnings decline of 6.5%, which is lower than the prior year's growth of 14.8% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 34.6x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Regional Banks industry since they expect its earnings to decline by only 6.5% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 15% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings decline by 7.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SPKSJF Sparekassen Sjælland-Fyn | DKK 238.50 | 2.4% +DKK 92.7m | 20.1% | PB0.9x | |
| DAB Danske Andelskassers Bank | DKK 13.90 | 1.5% +DKK 44.6m | 32.4% | PB1x | |
| DJUR Djurslands Bank | DKK 550.00 | 0.9% +DKK 13.4m | 22.8% | PB0.9x | |
| NRDF Nordfyns Bank | DKK 340.00 | 2.4% +DKK 13.1m | 25.0% | PB0.7x | |
| HVID Hvidbjerg Bank | DKK 123.00 | 0.8% +DKK 1.7m | 16.0% | PB0.7x |