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Danish (OMX) Tech Sector Analysis

UpdatedMar 27, 2024
DataAggregated Company Financials
Companies22
  • 7D1.0%
  • 3M25.1%
  • 1Y31.3%
  • YTD26.3%

The Tech is pretty flat in the last 7 days, but cBrain has stood out, gaining 6.4%. As for the the longer term, the industry is up 31% over the past 12 months. As for the next few years, earnings are expected to grow by 35% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Mar 2024kr.27.6bkr.11.1bkr.317.5m44.1x87.1x2.5x
Fri, 23 Feb 2024kr.28.1bkr.10.9bkr.247.4m50.5x113.5x2.6x
Sun, 21 Jan 2024kr.51.2bkr.15.5bkr.1.2b26.4x44x3.3x
Tue, 19 Dec 2023kr.51.0bkr.15.6bkr.1.2b25.9x44.1x3.3x
Thu, 16 Nov 2023kr.50.0bkr.15.5bkr.1.1b28.5x43.5x3.2x
Sat, 14 Oct 2023kr.51.3bkr.15.4bkr.1.2b26.3x42.1x3.3x
Mon, 11 Sep 2023kr.52.0bkr.15.4bkr.1.2b27.1x42.9x3.4x
Wed, 09 Aug 2023kr.53.3bkr.14.8bkr.1.3b26x40.8x3.6x
Fri, 07 Jul 2023kr.51.9bkr.14.8bkr.1.3b25.5x39.6x3.5x
Sun, 04 Jun 2023kr.52.0bkr.14.8bkr.1.3b26.3x39.4x3.5x
Tue, 02 May 2023kr.51.6bkr.14.4bkr.1.3b24.3x38.4x3.6x
Thu, 30 Mar 2023kr.41.3bkr.14.4bkr.1.3b23.6x31.7x2.9x
Sat, 25 Feb 2023kr.42.8bkr.14.4bkr.1.4b20.4x30.5x3x
Mon, 23 Jan 2023kr.44.7bkr.13.7bkr.1.2b27.8x35.8x3.3x
Wed, 21 Dec 2022kr.42.5bkr.13.6bkr.1.3b26.4x33.9x3.1x
Fri, 18 Nov 2022kr.45.7bkr.13.4bkr.1.3b27x36.2x3.4x
Sun, 16 Oct 2022kr.38.5bkr.12.8bkr.1.2b24.5x32.2x3x
Tue, 13 Sep 2022kr.47.9bkr.12.7bkr.1.2b31.1x39.5x3.8x
Thu, 11 Aug 2022kr.55.4bkr.12.1bkr.1.4b34.4x40.9x4.6x
Sat, 09 Jul 2022kr.52.8bkr.12.1bkr.1.4b32.3x39x4.4x
Mon, 06 Jun 2022kr.56.1bkr.12.1bkr.1.3b38.2x41.8x4.6x
Wed, 04 May 2022kr.53.2bkr.11.4bkr.1.5b33.3x36.6x4.6x
Fri, 01 Apr 2022kr.56.5bkr.11.4bkr.1.4b38.2x40.5x4.9x
Sun, 27 Feb 2022kr.56.3bkr.11.4bkr.1.6b35.2x34.5x5x
Tue, 25 Jan 2022kr.65.5bkr.10.8bkr.1.4b65.5x46x6.1x
Thu, 23 Dec 2021kr.77.9bkr.10.8bkr.1.4b56.4x55x7.2x
Sat, 20 Nov 2021kr.86.3bkr.10.7bkr.1.4b39.5x60.4x8x
Mon, 18 Oct 2021kr.85.1bkr.10.5bkr.1.4b41.6x59.9x8.1x
Wed, 15 Sep 2021kr.88.3bkr.10.4bkr.1.4b43.3x61.4x8.5x
Fri, 13 Aug 2021kr.91.3bkr.10.4bkr.1.4b47.8x63.1x8.8x
Tue, 08 Jun 2021kr.82.3bkr.10.0bkr.1.4b63.6x57.4x8.2x
Price to Earnings Ratio

62.6x


Total Market Cap: kr.72.0bTotal Earnings: kr.1.2bTotal Revenue: kr.9.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Tech Sector Price to Earnings3Y Average 47.2x202220232024
Current Industry PE
  • Investors are optimistic on the Danish Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 87.1x which is higher than its 3-year average PE of 47.2x.
  • The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 35% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.8% 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, which has decreased profits.

Industry Trends

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

DK Market-0.15%
Tech0.96%
Software5.39%
Electronic Equipment and Components1.27%
Communications0.93%
Tech Hardware0%
Semiconductors0%
IT-1.25%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 22.4x.
    • Analysts are expecting annual earnings growth of 30.0%, which is higher than its past year's earnings decline of 20.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 90% over the next 5 years.
  • In contrast, the IT industry is expected to see its earnings grow by 30% 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
CBRAIN cBrainkr.378.003.4%
+kr.244.5m
189.9%PE117x
RELE Relesyskr.6.0039.5%
+kr.86.8m
46.3%PS5.7x
MAPS Mapspeoplekr.2.6033.3%
+kr.51.4m
-32.3%PS5.1x
TRIFOR Trifork Holdingkr.118.401.4%
+kr.30.9m
-23.2%PE21x
RTX RTXkr.97.203.8%
+kr.28.4m
-28.5%PS1.2x
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Latest News

WIRTEK

kr.10.15

Wirtek

7D

-1.9%

1Y

-24.8%

CBRAIN

kr.378.00

cBrain

7D

3.4%

1Y

189.9%

COLUM

kr.8.10

Columbus

7D

1.3%

1Y

26.4%

RELE

kr.6.00

Relesys

7D

39.5%

1Y

46.3%

MAPS

kr.2.60

Mapspeople

7D

33.3%

1Y

-32.3%

RBLN B

kr.85.20

Roblon

7D

-2.5%

1Y

-39.6%

IMPERO

kr.6.00

Impero

7D

12.1%

1Y

-9.1%

TRIFOR

kr.118.40

Trifork Holding

7D

1.4%

1Y

-23.2%

PENNEO

kr.7.70

Penneo

7D

-3.0%

1Y

-13.2%

RTX

kr.97.20

RTX

7D

3.8%

1Y

-28.5%

SLXIT

kr.4.28

Seluxit

7D

64.6%

1Y

52.3%

ACT

kr.3.90

DecideAct

7D

-2.5%

1Y

-8.2%

SIM

kr.730.50

SimCorp

7D

-0.5%

1Y

65.0%