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Danish (OMX) Industrials Sector Analysis

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies34
  • 7D3.1%
  • 3M22.2%
  • 1Y27.8%
  • YTD2.7%

The Industrials industry is up 3.1% in the last week, with DSV up 3.3%. In the last 12 months, the industry was up 28%. In the next few years earnings are forecast to be pretty stable.

Sector Valuation and Performance

Has the Danish Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026DKK 1.0tDKK 1.0tDKK 60.3b18.8x17.4x1x
Sun, 07 Dec 2025DKK 957.9bDKK 1.0tDKK 60.3b16.6x15.9x1x
Tue, 04 Nov 2025DKK 903.6bDKK 1.0tDKK 72.9b16.7x12.4x0.9x
Thu, 02 Oct 2025DKK 855.8bDKK 981.6bDKK 72.9b15.6x11.7x0.9x
Sat, 30 Aug 2025DKK 889.5bDKK 982.5bDKK 72.5b15.7x12.3x0.9x
Mon, 28 Jul 2025DKK 942.4bDKK 953.6bDKK 73.2b15.8x12.9x1x
Wed, 25 Jun 2025DKK 870.3bDKK 957.6bDKK 73.7b14.7x11.8x0.9x
Fri, 23 May 2025DKK 896.3bDKK 969.0bDKK 75.0b15.9x11.9x0.9x
Sun, 20 Apr 2025DKK 767.1bDKK 953.8bDKK 67.9b13.9x11.3x0.8x
Tue, 18 Mar 2025DKK 880.9bDKK 970.3bDKK 69.6b16.4x12.7x0.9x
Thu, 13 Feb 2025DKK 849.4bDKK 985.0bDKK 71.3b14.1x11.9x0.9x
Sat, 11 Jan 2025DKK 837.7bDKK 952.1bDKK 50.8b14x16.5x0.9x
Mon, 09 Dec 2024DKK 869.7bDKK 938.0bDKK 50.0b14.5x17.4x0.9x
Wed, 06 Nov 2024DKK 871.3bDKK 922.7bDKK 48.3b15.3x18x0.9x
Fri, 04 Oct 2024DKK 815.7bDKK 878.4bDKK 30.8b16.7x26.5x0.9x
Sun, 01 Sep 2024DKK 788.0bDKK 877.5bDKK 30.8b15.8x25.6x0.9x
Tue, 30 Jul 2024DKK 821.3bDKK 882.9bDKK 35.5b14.9x23.1x0.9x
Thu, 27 Jun 2024DKK 816.3bDKK 884.1bDKK 36.4b15.6x22.4x0.9x
Sat, 25 May 2024DKK 829.8bDKK 878.1bDKK 36.1b15.7x23x0.9x
Mon, 22 Apr 2024DKK 754.9bDKK 896.0bDKK 52.3b15.8x14.4x0.8x
Wed, 20 Mar 2024DKK 756.9bDKK 888.3bDKK 51.6b13.7x14.7x0.9x
Fri, 16 Feb 2024DKK 802.8bDKK 892.4bDKK 50.1b15.5x16x0.9x
Sun, 14 Jan 2024DKK 870.0bDKK 949.9bDKK 83.6b13.6x10.4x0.9x
Tue, 12 Dec 2023DKK 768.3bDKK 958.6bDKK 84.8b13.3x9.1x0.8x
Thu, 09 Nov 2023DKK 732.9bDKK 955.9bDKK 83.3b11.1x8.8x0.8x
Sat, 07 Oct 2023DKK 817.4bDKK 1.1tDKK 145.5b11x5.6x0.8x
Mon, 04 Sep 2023DKK 847.8bDKK 1.1tDKK 143.3b11.3x5.9x0.8x
Wed, 02 Aug 2023DKK 900.9bDKK 1.1tDKK 191.1b13.3x4.7x0.8x
Fri, 30 Jun 2023DKK 881.1bDKK 1.1tDKK 194.3b13.2x4.5x0.8x
Sun, 28 May 2023DKK 888.0bDKK 1.1tDKK 196.5b13.3x4.5x0.8x
Tue, 25 Apr 2023DKK 879.7bDKK 1.2tDKK 217.1b12.4x4.1x0.7x
Thu, 23 Mar 2023DKK 951.3bDKK 1.2tDKK 220.8b12x4.3x0.8x
Sat, 18 Feb 2023DKK 967.1bDKK 1.2tDKK 222.8b12.8x4.3x0.8x
Mon, 16 Jan 2023DKK 910.1bDKK 1.2tDKK 230.3b12.2x4x0.8x
Price to Earnings Ratio

4x


Total Market Cap: DKK 910.1bTotal Earnings: DKK 230.3bTotal Revenue: DKK 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Industrials Sector Price to Earnings3Y Average 12.8x202420252026
Current Industry PE
  • Investors are optimistic on the Danish Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.4x which is higher than its 3-year average PE of 12.8x.
  • The 3-year average PS ratio of 0.87x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 36% per year over the last three years,
  • Revenues have also declined 5.5% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Danish Industrials sector?

DK Market6.05%
Industrials3.06%
Aerospace & Defense23.02%
Commercial Services5.89%
Machinery5.68%
Construction3.75%
Electrical3.61%
Marine and Shipping3.40%
Logistics3.28%
Professional Services0%0
Transportation-0.11%
Trade Distributors-0.20%
Building-0.24%
Infrastructure-2.33%
Industry PE
  • Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 97.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Trade Distributors industry, expecting annual earnings growth of 95% over the next 5 years.
  • This is better than its past earnings decline of 3.8% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 68% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DSV DSVDKK 1.68k5.1%
+DKK 19.2b		11.0%PE41.9x
MAERSK B A.P. Møller - MærskDKK 15.11k2.8%
+DKK 6.1b		37.8%PE7.1x
VWS Vestas Wind SystemsDKK 183.152.5%
+DKK 4.5b		95.9%PE25.9x
FLS FLSmidthDKK 485.207.8%
+DKK 1.9b		38.4%PE19.4x
ISS ISSDKK 227.205.4%
+DKK 1.8b		76.1%PE13.5x

Latest News

KBHL
DKK 6,640.00
Københavns Lufthavne
7D
-2.9%
1Y
5.4%
DNORD
DKK 279.00
Dampskibsselskabet Norden
7D
11.3%
1Y
23.8%

We Think Dampskibsselskabet Norden (CPH:DNORD) Is Taking Some Risk With Its Debt

Jan 08
We Think Dampskibsselskabet Norden (CPH:DNORD) Is Taking Some Risk With Its Debt
NKT
DKK 813.00
NKT
7D
-1.3%
1Y
65.5%

NKT: Higher Expansion And Guidance Will Face Increasing Execution Risk

Analysts have raised their price expectations for NKT, led by a new JPMorgan target of DKK 719, up from DKK 618. The change reflects updated views on growth, profitability and valuation assumptions, which translate into a slightly higher fair value and a lower projected future P/E multiple in the latest models.
PAAL B
DKK 901.00
Per Aarsleff Holding
7D
3.1%
1Y
83.9%

Returns At Per Aarsleff Holding (CPH:PAAL B) Appear To Be Weighed Down

Jan 07
Returns At Per Aarsleff Holding (CPH:PAAL B) Appear To Be Weighed Down
SOLAR B
DKK 203.00
Solar
7D
-1.2%
1Y
-32.0%

SOLAR B: Equity Raise And UBS Stake Will Shape Balanced 2026 Outlook

Analysts have kept their fair value estimate for Solar steady at $220. They have slightly adjusted inputs such as the discount rate and future P/E assumptions, reflecting refined views on risk and earnings power rather than a shift in the overall price target.
VWS
DKK 183.15
Vestas Wind Systems
7D
2.5%
1Y
95.9%

VWS: Future Execution Risks May Undermine Raised Outlook And Earnings Guidance

Analysts lifted their price target on Vestas Wind Systems to DKK 173 from DKK 164, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E that support a slightly higher long term outlook for the shares. Analyst Commentary Bullish Takeaways Bullish analysts frame the new DKK 173 target as reflecting updated views on fair value that they see as better aligned with the company’s longer term earnings potential.
ROCK B
DKK 227.40
Rockwool
7D
1.4%
1Y
-6.9%

ROCK B: Mixed Outlook On Margins And Execution With Measured Upside Potential

Analysts have trimmed their blended price target for Rockwool to DKK 260, reflecting a modest pullback from prior levels. Updated views on revenue growth, profit margins and future P/E assumptions balance Citi's lower target against a higher Overweight view at DKK 300 from another firm.
AQP
DKK 1.20
Aquaporin
7D
-56.7%
1Y
-94.2%
FLS
DKK 485.20
FLSmidth
7D
7.8%
1Y
38.4%

FLSmidth (CPH:FLS) Is Doing The Right Things To Multiply Its Share Price

Jan 01
FLSmidth (CPH:FLS) Is Doing The Right Things To Multiply Its Share Price
ESG
DKK 4.39
Ennogie Solar Group
7D
-4.4%
1Y
-33.5%
GREENM
DKK 93.00
GreenMobility
7D
-22.2%
1Y
226.3%
MAERSK B
DKK 15,105.00
A.P. Møller - Mærsk
7D
2.8%
1Y
37.8%

MAERSK B: Freight Cycle Uncertainty Will Meet Improving Margin And Cash Flow Outlook

The analyst price target for A.P. Møller, Mærsk has been modestly revised higher, supported by analysts highlighting improving revenue growth and profit margin expectations despite mixed target moves between roughly DKK 8,800 and DKK 14,352. Analyst Commentary Recent Street research on A.P. Møller, Mærsk reflects a widening dispersion in valuation views, with downside risk flagged by JPMorgan at DKK 8,800 while more constructive forecasts extend up to DKK 14,352.
DSV
DKK 1,681.50
DSV
7D
5.1%
1Y
11.0%

DSV Margin Discipline Will Support Upside Despite Slight Price Objective Cut

Analysts have trimmed their price target on DSV slightly, to DKK 1,915 from DKK 1,925. This reflects marginally slower expected revenue growth, offset by a modest improvement in profit margins and valuation multiples.
ISS
DKK 227.20
ISS
7D
5.4%
1Y
76.1%

ISS A/S (CPH:ISS) Screens Well But There Might Be A Catch

Dec 14
ISS A/S (CPH:ISS) Screens Well But There Might Be A Catch
AOJ B
DKK 92.20
Brødrene A & O Johansen
7D
-1.8%
1Y
22.8%
BACTIQ
DKK 3.65
BactiQuant
7D
-1.6%
1Y
-32.4%