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Danish (OMX) Tech Sector Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies17
  • 7D-7.3%
  • 3M0.8%
  • 1Y14.1%
  • YTD14.7%

Over the last 7 days, the Tech industry has dropped 7.3%, driven by a pullback from Netcompany Group of 9.1%. Meanwhile, RISMA Systems actually outperformed within the industry, gaining 11% in the last week. In the past year, the industry has gained 14%. Earnings are forecast to grow by 33% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024DKK 24.7bDKK 11.7bDKK 335.2m36.3x73.8x2.1x
Tue, 19 Nov 2024DKK 25.7bDKK 11.8bDKK 350.2m38.3x73.5x2.2x
Thu, 17 Oct 2024DKK 24.9bDKK 11.7bDKK 457.8m40.1x54.5x2.1x
Sat, 14 Sep 2024DKK 24.6bDKK 11.7bDKK 449.0m37x54.8x2.1x
Mon, 12 Aug 2024DKK 24.1bDKK 11.6bDKK 393.5m24.3x61.2x2.1x
Wed, 10 Jul 2024DKK 24.9bDKK 11.6bDKK 393.7m26.2x63.1x2.1x
Fri, 07 Jun 2024DKK 28.2bDKK 11.6bDKK 370.4m25.2x76.2x2.4x
Sun, 05 May 2024DKK 26.5bDKK 11.6bDKK 336.0m34x79x2.3x
Tue, 02 Apr 2024DKK 28.2bDKK 11.6bDKK 359.0m32.3x78.6x2.4x
Thu, 29 Feb 2024DKK 27.7bDKK 10.9bDKK 255.0m47.7x108.5x2.5x
Sat, 27 Jan 2024DKK 53.7bDKK 15.5bDKK 962.3m37.5x55.8x3.5x
Mon, 25 Dec 2023DKK 51.0bDKK 15.5bDKK 1.2b26x43.8x3.3x
Wed, 22 Nov 2023DKK 51.4bDKK 15.6bDKK 1.2b26.5x44.5x3.3x
Fri, 20 Oct 2023DKK 50.7bDKK 15.4bDKK 1.2b25.3x41.5x3.3x
Sun, 17 Sep 2023DKK 52.4bDKK 15.4bDKK 1.2b27.5x43.2x3.4x
Tue, 15 Aug 2023DKK 53.1bDKK 14.9bDKK 1.3b25.6x40.3x3.6x
Thu, 13 Jul 2023DKK 52.3bDKK 14.8bDKK 1.3b25.7x39.9x3.5x
Sat, 10 Jun 2023DKK 52.4bDKK 14.8bDKK 1.3b26.4x39.7x3.5x
Mon, 08 May 2023DKK 51.6bDKK 14.6bDKK 1.3b26.3x39.7x3.5x
Wed, 05 Apr 2023DKK 43.1bDKK 14.4bDKK 1.3b24.3x33x3x
Fri, 03 Mar 2023DKK 42.5bDKK 14.5bDKK 1.3b20x33.3x2.9x
Sun, 29 Jan 2023DKK 43.1bDKK 14.0bDKK 1.3b22.1x33x3.1x
Tue, 27 Dec 2022DKK 42.9bDKK 13.6bDKK 1.3b26.4x34.2x3.2x
Thu, 24 Nov 2022DKK 45.3bDKK 13.4bDKK 1.3b27.4x35.7x3.4x
Sat, 22 Oct 2022DKK 38.5bDKK 12.8bDKK 1.2b24.3x32.2x3x
Mon, 19 Sep 2022DKK 42.1bDKK 12.8bDKK 1.2b26.8x35x3.3x
Wed, 17 Aug 2022DKK 48.6bDKK 12.6bDKK 1.3b29.2x36.7x3.9x
Fri, 15 Jul 2022DKK 49.3bDKK 12.1bDKK 1.4b29.4x36.4x4.1x
Sun, 12 Jun 2022DKK 52.9bDKK 12.1bDKK 1.3b38.6x39.4x4.4x
Tue, 10 May 2022DKK 48.6bDKK 12.0bDKK 1.4b32.9x35.1x4.1x
Thu, 07 Apr 2022DKK 57.4bDKK 11.5bDKK 1.4b39.2x40.7x5x
Sat, 05 Mar 2022DKK 52.6bDKK 11.3bDKK 1.6b33.4x32.3x4.7x
Mon, 31 Jan 2022DKK 62.0bDKK 11.3bDKK 1.6b41.1x39x5.5x
Wed, 29 Dec 2021DKK 80.2bDKK 10.8bDKK 1.4b80.5x56.1x7.4x
Price to Earnings Ratio

56.1x


Total Market Cap: DKK 80.2bTotal Earnings: DKK 1.4bTotal Revenue: DKK 10.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Tech Sector Price to Earnings3Y Average 48.7x202220232024
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 73.8x which is higher than its 3-year average PE of 48.7x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 38% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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-13.67%
Tech-7.32%
Electronic Equipment and Components5.65%
Tech Hardware0%
Semiconductors0%
Software-3.47%
Communications-3.61%
IT-8.52%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 27.3x.
    • Analysts are expecting annual earnings growth of 27.9%, which is higher than its past year's earnings growth of 0.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings growth rate of 5.9% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 28% 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
RISMA RISMA SystemsDKK 7.7510.7%
+DKK 16.3m		-7.7%PS4.4x
IMPERO ImperoDKK 6.054.3%
+DKK 5.9m		10.0%PS3.9x
QINTER Q-InterlineDKK 6.555.6%
+DKK 5.8m		-13.6%PS3.5x
NEXCOM NexcomDKK 3.986.4%
+DKK 5.4m		68.6%PS7.3x
HYPE HypefactorsDKK 3.6610.9%
+DKK 4.1m		5.8%PS3.7x
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Latest News

RISMA

DKK 7.75

RISMA Systems

7D

10.7%

1Y

-7.7%

We Think RISMA Systems (CPH:RISMA) Can Afford To Drive Business Growth

Dec 21
We Think RISMA Systems (CPH:RISMA) Can Afford To Drive Business Growth

NETC

DKK 332.60

Netcompany Group

7D

-9.1%

1Y

47.0%

Netcompany Group (CPH:NETC) Hasn't Managed To Accelerate Its Returns

Dec 20
Netcompany Group (CPH:NETC) Hasn't Managed To Accelerate Its Returns

DATA

DKK 5.65

Dataproces Group

7D

-6.6%

1Y

171.6%

ASTK

DKK 0.49

Asetek

7D

1.6%

1Y

-87.5%

RTX

DKK 55.40

RTX

7D

-3.8%

1Y

-19.7%

The Price Is Right For RTX A/S (CPH:RTX)

Nov 30
The Price Is Right For RTX A/S (CPH:RTX)

MAPS

DKK 1.20

Mapspeople

7D

-7.7%

1Y

10.1%

CBRAIN

DKK 182.80

cBrain

7D

-5.4%

1Y

-31.5%

IMPERO

DKK 6.05

Impero

7D

4.3%

1Y

10.0%

TRIFOR

DKK 74.50

Trifork Group

7D

-7.3%

1Y

-29.5%

Trifork Group (CPH:TRIFOR) Strong Profits May Be Masking Some Underlying Issues

Nov 09
Trifork Group (CPH:TRIFOR) Strong Profits May Be Masking Some Underlying Issues

COLUM

DKK 9.98

Columbus

7D

-2.6%

1Y

39.8%

NEXCOM

DKK 3.98

Nexcom

7D

6.4%

1Y

68.6%

CONFRZ

DKK 0.0055

Conferize

7D

10.0%

1Y

-71.1%

QINTER

DKK 6.55

Q-Interline

7D

5.6%

1Y

-13.6%

HYPE

DKK 3.66

Hypefactors

7D

10.9%

1Y

5.8%

SIM

DKK 730.50

SimCorp

7D

-0.5%

1Y

65.0%