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Danish (OMX) Tech Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies17
  • 7D1.9%
  • 3M8.2%
  • 1Y18.5%
  • YTD19.9%

Over the last 7 days, the Tech industry has risen 1.9%, driven by gains from Netcompany Group of 3.0%. In the last 12 months, the industry was up 18%. Looking forward, earnings are forecast to grow by 32% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Nov 2024DKK 25.9bDKK 11.8bDKK 350.4m38.2x74x2.2x
Sun, 20 Oct 2024DKK 25.2bDKK 11.7bDKK 457.7m41.2x55.1x2.2x
Tue, 17 Sep 2024DKK 24.7bDKK 11.7bDKK 449.0m37.1x55x2.1x
Thu, 15 Aug 2024DKK 25.3bDKK 11.5bDKK 353.4m37.4x71.5x2.2x
Sat, 13 Jul 2024DKK 24.9bDKK 11.6bDKK 393.5m25.9x63.3x2.2x
Mon, 10 Jun 2024DKK 28.1bDKK 11.6bDKK 370.7m24.6x75.7x2.4x
Wed, 08 May 2024DKK 28.1bDKK 11.6bDKK 335.7m36.5x83.6x2.4x
Fri, 05 Apr 2024DKK 28.3bDKK 11.6bDKK 360.7m32.6x78.5x2.4x
Sun, 03 Mar 2024DKK 27.7bDKK 11.0bDKK 310.4m27.2x89.2x2.5x
Tue, 30 Jan 2024DKK 53.7bDKK 15.5bDKK 962.3m37.5x55.8x3.5x
Thu, 28 Dec 2023DKK 51.1bDKK 15.5bDKK 1.2b26x43.9x3.3x
Sat, 25 Nov 2023DKK 50.7bDKK 15.6bDKK 1.2b25.8x44x3.3x
Mon, 23 Oct 2023DKK 50.2bDKK 15.4bDKK 1.2b24.8x41.2x3.3x
Wed, 20 Sep 2023DKK 51.9bDKK 15.4bDKK 1.2b27.8x42.8x3.4x
Fri, 18 Aug 2023DKK 50.8bDKK 15.1bDKK 1.3b24.3x39.5x3.4x
Sun, 16 Jul 2023DKK 53.1bDKK 14.8bDKK 1.3b26.4x40.5x3.6x
Tue, 13 Jun 2023DKK 52.5bDKK 14.8bDKK 1.3b26.3x39.7x3.5x
Thu, 11 May 2023DKK 51.8bDKK 14.6bDKK 1.3b26.6x39.7x3.5x
Sat, 08 Apr 2023DKK 42.4bDKK 14.4bDKK 1.3b24x32.4x2.9x
Mon, 06 Mar 2023DKK 43.3bDKK 14.5bDKK 1.3b20.5x33.9x3x
Wed, 01 Feb 2023DKK 42.7bDKK 14.1bDKK 1.3b21.1x32.1x3x
Fri, 30 Dec 2022DKK 43.1bDKK 13.7bDKK 1.3b26.8x34.4x3.2x
Sun, 27 Nov 2022DKK 45.8bDKK 13.4bDKK 1.3b27.4x36.2x3.4x
Tue, 25 Oct 2022DKK 38.5bDKK 12.8bDKK 1.2b24.3x32.2x3x
Thu, 22 Sep 2022DKK 41.9bDKK 12.8bDKK 1.2b26.8x34.8x3.3x
Sat, 20 Aug 2022DKK 46.4bDKK 12.6bDKK 1.2b29.4x37.5x3.7x
Mon, 18 Jul 2022DKK 50.2bDKK 12.1bDKK 1.4b30x37.1x4.1x
Wed, 15 Jun 2022DKK 49.4bDKK 12.1bDKK 1.3b35.5x36.9x4.1x
Fri, 13 May 2022DKK 51.5bDKK 12.0bDKK 1.4b36.1x37.4x4.3x
Sun, 10 Apr 2022DKK 56.6bDKK 11.5bDKK 1.4b38.1x39.9x4.9x
Tue, 08 Mar 2022DKK 52.4bDKK 11.3bDKK 1.6b33.9x32.2x4.6x
Thu, 03 Feb 2022DKK 63.8bDKK 11.3bDKK 1.6b40.7x40.1x5.7x
Sat, 01 Jan 2022DKK 81.0bDKK 10.8bDKK 1.4b81.4x56.7x7.5x
Mon, 29 Nov 2021DKK 79.6bDKK 10.7bDKK 1.4b34.9x56.4x7.4x
Price to Earnings Ratio

56.4x


Total Market Cap: DKK 79.6bTotal Earnings: DKK 1.4bTotal Revenue: DKK 10.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Tech Sector Price to Earnings3Y Average 48.1x202220232024
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 74.0x which is higher than its 3-year average PE of 48.0x.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 37% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.2% 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-0.95%
Tech1.90%
Software2.12%
IT1.61%
Communications0%
Tech Hardware0%
Semiconductors0%
Electronic Equipment and Components-9.70%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 26.8x.
    • Analysts are expecting annual earnings growth of 28.4%, 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 46% 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
ASTK AsetekDKK 1.9580.4%
+DKK 84.2m		-47.4%PS0.5x
NETC Netcompany GroupDKK 344.400.4%
+DKK 66.9m		49.9%PE39.4x
YOYO OrderYOYODKK 7.752.0%
+DKK 13.6m		-3.1%PS2.5x
RISMA RISMA SystemsDKK 5.605.7%
+DKK 6.5m		-41.1%PS3.2x
NEXCOM NexcomDKK 4.505.6%
+DKK 5.4m		69.2%PS8.3x
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Latest News

PENNEO

DKK 8.02

Penneo

7D

0.5%

1Y

12.6%

NETC

DKK 344.40

Netcompany Group

7D

0.4%

1Y

49.9%

Netcompany Group A/S' (CPH:NETC) Intrinsic Value Is Potentially 46% Above Its Share Price

Nov 20
Netcompany Group A/S' (CPH:NETC) Intrinsic Value Is Potentially 46% Above Its Share Price

MAPS

DKK 1.59

Mapspeople

7D

-3.6%

1Y

50.0%

CBRAIN

DKK 196.80

cBrain

7D

-6.3%

1Y

-21.7%

ACT

DKK 1.80

DecideAct

7D

-15.9%

1Y

-58.1%

RTX

DKK 70.00

RTX

7D

-1.4%

1Y

-5.7%

TRIFOR

DKK 71.00

Trifork Group

7D

-7.8%

1Y

-33.0%

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

ASTK

DKK 1.95

Asetek

7D

80.4%

1Y

-47.4%

COLUM

DKK 10.55

Columbus

7D

-4.1%

1Y

46.5%

NEXCOM

DKK 4.50

Nexcom

7D

5.6%

1Y

69.2%

AGILC

DKK 9.25

Agillic

7D

-5.6%

1Y

-50.5%

YOYO

DKK 7.75

OrderYOYO

7D

2.0%

1Y

-3.1%

RISMA

DKK 5.60

RISMA Systems

7D

5.7%

1Y

-41.1%

RISMA Systems (CPH:RISMA) Is In A Good Position To Deliver On Growth Plans

Sep 05
RISMA Systems (CPH:RISMA) Is In A Good Position To Deliver On Growth Plans

HYPE

DKK 3.66

Hypefactors

7D

10.9%

1Y

5.8%

SIM

DKK 730.50

SimCorp

7D

-0.5%

1Y

65.0%