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Danish (OMX) Tech Sector Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies27
- 7D-4.6%
- 3M-21.2%
- 1Y-0.3%
- YTD-9.7%
Over the last 7 days, the Tech industry has dropped 4.6%, driven by a pullback from SimCorp of 7.0%. As for the longer term, the industry's performance has been flat for the past year.
Sector Valuation and Performance
Has the Danish Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 05 Dec 2021 | kr.79.3b | kr.10.7b | kr.1.4b | 33.9x |
| Tue, 02 Nov 2021 | kr.88.2b | kr.10.5b | kr.1.4b | 42.6x |
| Thu, 30 Sep 2021 | kr.85.5b | kr.10.5b | kr.1.4b | 41.3x |
| Sat, 28 Aug 2021 | kr.93.7b | kr.10.4b | kr.1.4b | 46.2x |
| Sun, 04 Jul 2021 | kr.82.4b | kr.10.4b | kr.1.4b | 42.7x |
| Wed, 07 Apr 2021 | kr.72.0b | kr.9.1b | kr.1.2b | 56.6x |
| Sat, 09 Jan 2021 | kr.76.0b | kr.8.9b | kr.1.0b | 58.7x |
| Fri, 02 Oct 2020 | kr.66.2b | kr.8.8b | kr.968.1m | 43.5x |
| Mon, 06 Jul 2020 | kr.56.3b | kr.8.9b | kr.1.1b | 35.6x |
| Thu, 09 Apr 2020 | kr.43.3b | kr.8.7b | kr.1.0b | 33.5x |
| Wed, 01 Jan 2020 | kr.50.4b | kr.8.7b | kr.1.1b | 40.1x |
| Sat, 05 Oct 2019 | kr.41.4b | kr.8.5b | kr.1.2b | 40.5x |
| Tue, 09 Jul 2019 | kr.42.6b | kr.8.1b | kr.1.1b | 36.9x |
| Mon, 01 Apr 2019 | kr.42.0b | kr.7.9b | kr.899.4m | 43.5x |
| Thu, 03 Jan 2019 | kr.32.9b | kr.7.7b | kr.860.3m | 38.4x |
PE Ratio
38.4x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 55.5x which is higher than its 3-year average PE of 43.6x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Information Technology industry have grown 18% per year over the last three years, and revenues for these companies have grown 12% 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 Tech sector?
| IT | 2.93% | |
| Communications | 2.37% | |
| Software | -5.44% | |
| Electronic Equipment and Components | -15.27% | |
Industry PE: Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 28.9x. This is likely because analysts are expecting annual earnings growth of 75%, which is higher than its past year's earnings decline of 94% per year. Meanwhile, investors are most pessimistic about the IT industry, which is trading below its 3-year average of 26.4x.
Forecasted Growth: Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 75% over the next 5 years. This is better than its past earnings decline of 94% per year. Meanwhile, the IT industry is expected to see its earnings decline by 5.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| TRIFOR Trifork Holding | 4.4%+kr.236.5m | n/a | PE16.5x | |
| YOYO OrderYOYO ApS | 14.5%+kr.100.3m | n/a | n/a | |
| RTX RTX | 3.0%+kr.37.4m | -26.7% | PE353.4x | |
| SLXIT Seluxit | 2.8%+kr.1.9m | -52.7% | PS5.9x | |
| FASTPC FastPassCorp | 3.3%+kr.1.7m | 55.0% | n/a |