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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?

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021kr.79.3bkr.10.7bkr.1.4b33.9x
Tue, 02 Nov 2021kr.88.2bkr.10.5bkr.1.4b42.6x
Thu, 30 Sep 2021kr.85.5bkr.10.5bkr.1.4b41.3x
Sat, 28 Aug 2021kr.93.7bkr.10.4bkr.1.4b46.2x
Sun, 04 Jul 2021kr.82.4bkr.10.4bkr.1.4b42.7x
Wed, 07 Apr 2021kr.72.0bkr.9.1bkr.1.2b56.6x
Sat, 09 Jan 2021kr.76.0bkr.8.9bkr.1.0b58.7x
Fri, 02 Oct 2020kr.66.2bkr.8.8bkr.968.1m43.5x
Mon, 06 Jul 2020kr.56.3bkr.8.9bkr.1.1b35.6x
Thu, 09 Apr 2020kr.43.3bkr.8.7bkr.1.0b33.5x
Wed, 01 Jan 2020kr.50.4bkr.8.7bkr.1.1b40.1x
Sat, 05 Oct 2019kr.41.4bkr.8.5bkr.1.2b40.5x
Tue, 09 Jul 2019kr.42.6bkr.8.1bkr.1.1b36.9x
Mon, 01 Apr 2019kr.42.0bkr.7.9bkr.899.4m43.5x
Thu, 03 Jan 2019kr.32.9bkr.7.7bkr.860.3m38.4x
PE Ratio

38.4x

Total Market Cap: kr.32.9bTotal Earnings: kr.860.3mTotal Revenue: kr.7.7b0%0%0%3 Year10 Year
20202021

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?

IT2.93%
Communications2.37%
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?

Company7D1YValuation
TRIFOR Trifork Holding4.4%+kr.236.5mn/aPE16.5x
YOYO OrderYOYO ApS14.5%+kr.100.3mn/an/a
RTX RTX3.0%+kr.37.4m-26.7%PE353.4x
SLXIT Seluxit2.8%+kr.1.9m-52.7%PS5.9x
FASTPC FastPassCorp3.3%+kr.1.7m55.0%n/a
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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Latest News

RTX

kr.158.40

RTX

7D

3.0%

1Y

-26.7%

PENNEO

kr.22.40

Penneo

7D

-11.8%

1Y

-48.9%

SIM

kr.637.80

SimCorp

7D

-7.0%

1Y

-22.3%

COLUM

kr.9.19

Columbus

7D

-2.1%

1Y

-11.0%

SLXIT

kr.7.28

Seluxit

7D

2.8%

1Y

-52.7%