Header cover image

Danish (OMX) Tech Sector Analysis

UpdatedSep 27, 2023
DataAggregated Company Financials
Companies25
  • 7D-0.6%
  • 3M0.6%
  • 1Y26.9%
  • YTD18.0%

Over the last 7 days, the Tech industry has remained flat. As for the the longer term, the industry is up 28% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Sep 2023kr.52.1bkr.15.4bkr.1.2b27.5x43x3.4x
Fri, 25 Aug 2023kr.51.2bkr.15.3bkr.1.2b24.4x42.9x3.4x
Sun, 23 Jul 2023kr.53.3bkr.14.8bkr.1.3b26.5x40.5x3.6x
Tue, 20 Jun 2023kr.52.2bkr.14.8bkr.1.3b26.2x39.5x3.5x
Thu, 18 May 2023kr.51.1bkr.14.6bkr.1.3b25.5x39.1x3.5x
Sat, 15 Apr 2023kr.42.8bkr.14.4bkr.1.3b23.9x32.8x3x
Mon, 13 Mar 2023kr.41.8bkr.14.5bkr.1.3b21.1x32.7x2.9x
Wed, 08 Feb 2023kr.44.1bkr.14.1bkr.1.3b22x33.2x3.1x
Fri, 06 Jan 2023kr.43.8bkr.13.7bkr.1.2b26.7x35.1x3.2x
Sun, 04 Dec 2022kr.46.8bkr.13.4bkr.1.3b27.2x37x3.5x
Tue, 01 Nov 2022kr.41.1bkr.12.8bkr.1.2b26.1x34.8x3.2x
Thu, 29 Sep 2022kr.39.3bkr.12.8bkr.1.2b25.1x32.3x3.1x
Sat, 27 Aug 2022kr.47.3bkr.12.6bkr.1.2b30.2x38.9x3.7x
Mon, 25 Jul 2022kr.54.2bkr.12.1bkr.1.4b33x40.1x4.5x
Wed, 22 Jun 2022kr.50.7bkr.12.2bkr.1.4b36.2x37.5x4.2x
Fri, 20 May 2022kr.51.4bkr.12.1bkr.1.4b36.5x36.9x4.2x
Sun, 17 Apr 2022kr.55.5bkr.11.5bkr.1.4b37x39.1x4.8x
Tue, 15 Mar 2022kr.55.0bkr.11.3bkr.1.6b34.9x33.8x4.9x
Thu, 10 Feb 2022kr.60.4bkr.11.3bkr.1.6b38.4x38x5.4x
Sat, 08 Jan 2022kr.75.2bkr.10.8bkr.1.4b72.9x52.7x7x
Mon, 06 Dec 2021kr.76.5bkr.10.8bkr.1.4b55.5x53.7x7.1x
Wed, 03 Nov 2021kr.88.2bkr.10.5bkr.1.4b41.9x62x8.4x
Fri, 01 Oct 2021kr.85.2bkr.10.5bkr.1.4b41.1x59.9x8.2x
Sun, 29 Aug 2021kr.93.7bkr.10.4bkr.1.4b46.2x64.8x9x
Mon, 05 Jul 2021kr.82.4bkr.10.4bkr.1.4b42.7x57x7.9x
Thu, 08 Apr 2021kr.72.0bkr.9.1bkr.1.2b56.6x62.6x7.9x
Sun, 10 Jan 2021kr.76.0bkr.8.9bkr.1.0b58.7x73.7x8.5x
Sat, 03 Oct 2020kr.66.2bkr.8.8bkr.968.1m43.5x68.4x7.5x
Price to Earnings Ratio

68.4x


Total Market Cap: kr.66.2bTotal Earnings: kr.968.1mTotal Revenue: kr.8.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Tech Sector Price to Earnings3Y Average 48.9x202120222023
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 43.5x which is lower than its 3-year average PE of 48.9x.
  • The 3-year average PS ratio of 5.6x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 7.8% per year over the last three years.
  • Revenues for these companies have grown 21% 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?

DK Market-0.55%
Tech-0.58%
Electronic Equipment and Components3.72%
Software0.47%
Tech Hardware0%
Semiconductors0%
Communications-1.10%
IT-2.73%
Industry PE
  • Investors are most optimistic about the Software industry, which is trading close to its 3-year average PE ratio of 57.9x.
    • Analysts are expecting annual earnings growth of 15.4%, which is higher than its past year's earnings growth of 12.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 28% over the next 5 years.
  • However this is lower than its past earnings growth rate of 81% per year.
  • In contrast, the Software industry is expected to see its earnings grow by 15% 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
SIM SimCorpkr.735.000.3%
+kr.98.5m
58.7%PE37.8x
CBRAIN cBrainkr.188.802.4%
+kr.86.1m
39.9%PE66.5x
YOYO OrderYOYOkr.8.823.8%
+kr.28.6m
64.9%PS3.7x
SAME Samesystemkr.1.4227.9%
+kr.22.7m
-30.4%PS2.2x
AGILC Agillickr.18.803.3%
+kr.6.7m
-1.3%PS3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

COLUM

kr.6.34

Columbus

7D

0.3%

1Y

-13.2%

SAME

kr.1.42

Samesystem

7D

27.9%

1Y

-30.4%

SIM

kr.735.00

SimCorp

7D

0.3%

1Y

58.7%

ACT

kr.2.22

DecideAct

7D

-44.5%

1Y

-57.8%

DATA

kr.2.17

Dataproces Group

7D

-11.8%

1Y

-19.6%

AGILC

kr.18.80

Agillic

7D

3.3%

1Y

-1.3%

CBRAIN

kr.188.80

cBrain

7D

2.4%

1Y

39.9%

IMPERO

kr.4.48

Impero

7D

-17.8%

1Y

-11.1%

YOYO

kr.8.82

OrderYOYO

7D

3.8%

1Y

64.9%

QINTER

kr.7.80

Q-Interline

7D

3.7%

1Y

-6.7%

TRIFOR

kr.120.40

Trifork Holding

7D

-2.3%

1Y

-12.0%

SCAPE

kr.0.91

Scape Technologies

7D

-14.5%

1Y

-26.0%