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Danish (OMX) Tech Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies27
  • 7D2.3%
  • 3M-1.2%
  • 1Y-39.3%
  • YTD-43.8%

The Tech industry is up 2.3% in the last week, with Netcompany Group up 5.0%. In the past year, the industry is down 39%. Earnings are forecast to grow by 22% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022kr.46.8bkr.13.4bkr.1.3b27.2x37x3.5x
Mon, 31 Oct 2022kr.41.0bkr.12.8bkr.1.2b26.1x34.8x3.2x
Wed, 28 Sep 2022kr.40.3bkr.12.8bkr.1.2b25.8x33.5x3.2x
Fri, 26 Aug 2022kr.48.3bkr.12.7bkr.1.2b30.7x39.7x3.8x
Sun, 24 Jul 2022kr.54.2bkr.12.1bkr.1.4b33x40.1x4.5x
Tue, 21 Jun 2022kr.50.4bkr.12.2bkr.1.4b36.2x37.2x4.1x
Thu, 19 May 2022kr.51.4bkr.12.0bkr.1.4b36x37.4x4.3x
Sat, 16 Apr 2022kr.55.5bkr.11.5bkr.1.4b37x39.1x4.8x
Mon, 14 Mar 2022kr.54.5bkr.11.3bkr.1.6b34.6x33.5x4.8x
Wed, 09 Feb 2022kr.58.2bkr.11.3bkr.1.6b35.8x36.5x5.2x
Fri, 07 Jan 2022kr.75.8bkr.10.8bkr.1.4b74.1x53.1x7x
Sun, 05 Dec 2021kr.76.5bkr.10.8bkr.1.4b55.5x53.7x7.1x
Tue, 02 Nov 2021kr.88.2bkr.10.5bkr.1.4b42.6x62x8.4x
Thu, 30 Sep 2021kr.85.5bkr.10.5bkr.1.4b41.3x60.1x8.2x
Sat, 28 Aug 2021kr.93.7bkr.10.4bkr.1.4b46.2x64.8x9x
Sun, 04 Jul 2021kr.82.4bkr.10.4bkr.1.4b42.7x57x7.9x
Wed, 07 Apr 2021kr.72.0bkr.9.1bkr.1.2b56.6x62.6x7.9x
Sat, 09 Jan 2021kr.76.0bkr.8.9bkr.1.0b58.7x73.7x8.5x
Fri, 02 Oct 2020kr.66.2bkr.8.8bkr.968.1m43.5x68.4x7.5x
Mon, 06 Jul 2020kr.56.3bkr.8.9bkr.1.1b35.6x52.1x6.4x
Thu, 09 Apr 2020kr.43.3bkr.8.7bkr.1.0b33.5x41.7x4.9x
Wed, 01 Jan 2020kr.50.4bkr.8.7bkr.1.1b40.1x46.7x5.8x
Price to Earnings Ratio

38.2x


Total Market Cap: kr.47.3bTotal Earnings: kr.1.2bTotal Revenue: kr.8.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Tech Sector Price to Earnings3Y Average 52.2x202020212022
Current Industry PE
  • Investors are pessimistic on the Danish Information Technology 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 37.0x which is lower than its 3-year average PE of 52.2x.
  • The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 16% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

DK Market3.25%
Tech2.25%
IT4.72%
Software0.47%
Tech Hardware0%
Semiconductors0%
Communications-2.87%
Electronic Equipment and Components-3.93%
Industry PE
  • Investors are most optimistic about the Software industry, which is trading close to its 3-year average PE ratio of 55.8x.
    • Analysts are expecting annual earnings growth of 15.6%, which is lower than the prior year's growth of 40.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 43% over the next 5 years.
  • In contrast, the Software industry is expected to see its earnings grow by 16% 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
NETC Netcompany Groupkr.346.805.0%
+kr.805.9m		-49.0%PE31.4x
CBRAIN cBrainkr.189.507.1%
+kr.246.5m		-33.0%PE100.4x
TRIFOR Trifork Holdingkr.162.804.5%
+kr.137.8m		-42.9%PE13.1x
KONSOL Konsolidatorkr.7.4229.7%
+kr.27.4m		-48.8%PS7.2x
COLUM Columbuskr.6.852.9%
+kr.24.6m		-25.5%PE17.3x
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Latest News

RELE

kr.4.50

Relesys

7D

-1.4%

1Y

-51.4%

NETC

kr.346.80

Netcompany Group

7D

5.0%

1Y

-49.0%

Netcompany Group A/S (CPH:NETC) Shares Could Be 32% Below Their Intrinsic Value Estimate

Dec 01
Netcompany Group A/S (CPH:NETC) Shares Could Be 32% Below Their Intrinsic Value Estimate

PENNEO

kr.10.38

Penneo

7D

-1.0%

1Y

-53.7%

SIM

kr.469.00

SimCorp

7D

-0.9%

1Y

-26.5%

Does SimCorp (CPH:SIM) Have A Healthy Balance Sheet?

Nov 30
Does SimCorp (CPH:SIM) Have A Healthy Balance Sheet?

WIRTEK

kr.13.50

Wirtek

7D

-3.6%

1Y

-32.0%

TRIFOR

kr.162.80

Trifork Holding

7D

4.5%

1Y

-42.9%

MAPS

kr.4.89

Mapspeople

7D

6.5%

1Y

-36.5%

DATA

kr.2.15

Dataproces Group

7D

-2.3%

1Y

-56.6%

DIGIZ

kr.4.89

Digizuite

7D

11.4%

1Y

-48.0%

COLUM

kr.6.85

Columbus

7D

2.9%

1Y

-25.5%

CBRAIN

kr.189.50

cBrain

7D

7.1%

1Y

-33.0%

ACT

kr.3.82

DecideAct

7D

-9.9%

1Y

-52.5%

KONSOL

kr.7.42

Konsolidator

7D

29.7%

1Y

-48.8%

AGILC

kr.20.80

Agillic

7D

9.5%

1Y

-13.3%

RTX

kr.134.40

RTX

7D

-3.4%

1Y

-15.2%