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Danish (OMX) Banks Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies19
  • 7D-4.0%
  • 3M5.9%
  • 1Y19.9%
  • YTD20.7%

Over the last 7 days, the Banks industry has dropped 2.0%, driven by a pullback from Danske Bank of 1.9%. This takes the industry's 12 month performance to a gain of 19%.

Industry Valuation and Performance

Has the Danish Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021kr.159.5bkr.64.5bkr.16.4b8.7x
Thu, 28 Oct 2021kr.167.6bkr.63.6bkr.15.3b9.2x
Sat, 25 Sep 2021kr.154.3bkr.63.6bkr.15.3b8.8x
Mon, 23 Aug 2021kr.155.1bkr.62.6bkr.14.9b9.1x
Sat, 10 Jul 2021kr.151.5bkr.62.6bkr.14.9b9.1x
Fri, 02 Apr 2021kr.155.0bkr.61.3bkr.13.9b8.9x
Mon, 04 Jan 2021kr.45.0bkr.14.8bkr.3.8b10.2x
Thu, 08 Oct 2020kr.111.8bkr.54.6bkr.11.2b9.8x
Wed, 01 Jul 2020kr.114.9bkr.55.5bkr.12.4b8.7x
Sat, 04 Apr 2020kr.99.4bkr.56.6bkr.14.1b7.1x
Tue, 07 Jan 2020kr.44.1bkr.16.1bkr.4.9b6.7x
Mon, 30 Sep 2019kr.121.8bkr.61.6bkr.17.5b6.6x
Thu, 04 Jul 2019kr.41.1bkr.15.2bkr.4.1b8.1x
Sun, 07 Apr 2019kr.139.8bkr.61.1bkr.16.4b8.4x
Wed, 09 Jan 2019kr.37.4bkr.15.0bkr.4.3b7.6x
PE Ratio

7.6x

Total Market Cap: kr.39.2bTotal Earnings: kr.4.6bTotal Revenue: kr.15.2b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 8.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 53% per year over the last three years, and revenues for these companies have grown 62% 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 Banks industry?

Regional Banks-2.29%
Diversified Banks-4.69%

Industry PE: Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 9.3x. However analysts are expecting annual earnings growth of 4.2%, which is lower than the prior year's growth of 61% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 8.2x.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 4.2% over the next 5 years. Meanwhile, the Regional Banks industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
SKJE Skjern Bank4.5%+kr.42.4m45.3%PB0.8x
FYNBK Fynske Bank1.6%+kr.15.2m60.0%PB0.8x
HVID Hvidbjerg Bank1.9%+kr.3.4m48.3%PB0.9x
TOTA Totalbanken0.8%+kr.3.3m58.9%PB0.8x
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SYDB

kr.210.60

Sydbank

7D

-4.9%

1Y

62.8%