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Danish (OMX) Tech Sector Analysis

UpdatedSep 19, 2024
DataAggregated Company Financials
Companies18
  • 7D2.7%
  • 3M-6.1%
  • 1Y5.4%
  • YTD14.5%

In the last week, the Tech industry is up 2.7%, with Netcompany Group up 2.4%. This takes the industry's 12 month performance to a gain of 5.4%. Looking forward, earnings are forecast to grow by 36% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Sep 2024DKK 24.8bDKK 11.7bDKK 457.0m38.8x54.4x2.1x
Sun, 18 Aug 2024DKK 25.0bDKK 11.6bDKK 435.7m32.5x57.5x2.2x
Tue, 16 Jul 2024DKK 24.6bDKK 11.6bDKK 393.5m25.7x62.5x2.1x
Thu, 13 Jun 2024DKK 27.5bDKK 11.6bDKK 370.6m24.3x74.2x2.4x
Sat, 11 May 2024DKK 27.8bDKK 11.6bDKK 327.9m36.1x84.9x2.4x
Mon, 08 Apr 2024DKK 28.2bDKK 11.6bDKK 349.0m33.1x80.9x2.4x
Wed, 06 Mar 2024DKK 26.9bDKK 11.0bDKK 310.4m27.5x86.7x2.5x
Fri, 02 Feb 2024DKK 54.6bDKK 15.5bDKK 963.0m37.5x56.6x3.5x
Sun, 31 Dec 2023DKK 51.0bDKK 15.5bDKK 1.2b25.8x43.8x3.3x
Tue, 28 Nov 2023DKK 50.5bDKK 15.6bDKK 1.2b25.8x43.9x3.2x
Thu, 26 Oct 2023DKK 49.7bDKK 15.4bDKK 1.2b25x40.8x3.2x
Sat, 23 Sep 2023DKK 52.8bDKK 15.4bDKK 1.2b28.4x43.6x3.4x
Mon, 21 Aug 2023DKK 50.4bDKK 15.2bDKK 1.3b24.3x40x3.3x
Wed, 19 Jul 2023DKK 53.1bDKK 14.8bDKK 1.3b26.2x40.5x3.6x
Fri, 16 Jun 2023DKK 52.7bDKK 14.8bDKK 1.3b26.5x39.9x3.6x
Sun, 14 May 2023DKK 51.5bDKK 14.6bDKK 1.3b26.9x39.5x3.5x
Tue, 11 Apr 2023DKK 42.4bDKK 14.4bDKK 1.3b24x32.4x2.9x
Thu, 09 Mar 2023DKK 42.4bDKK 14.5bDKK 1.3b21.1x33.1x2.9x
Sat, 04 Feb 2023DKK 44.9bDKK 14.1bDKK 1.3b21.7x33.8x3.2x
Mon, 02 Jan 2023DKK 43.2bDKK 13.7bDKK 1.2b26.6x34.7x3.2x
Wed, 30 Nov 2022DKK 44.9bDKK 13.4bDKK 1.3b26.9x35.5x3.3x
Fri, 28 Oct 2022DKK 41.1bDKK 12.8bDKK 1.2b26.1x34.8x3.2x
Sun, 25 Sep 2022DKK 41.1bDKK 12.8bDKK 1.2b26.6x34.1x3.2x
Tue, 23 Aug 2022DKK 45.3bDKK 12.6bDKK 1.2b28.6x36.6x3.6x
Thu, 21 Jul 2022DKK 52.1bDKK 12.1bDKK 1.4b31.5x38.5x4.3x
Sat, 18 Jun 2022DKK 49.8bDKK 12.1bDKK 1.3b35.4x37.1x4.1x
Mon, 16 May 2022DKK 51.0bDKK 12.0bDKK 1.4b35.9x37.1x4.2x
Wed, 13 Apr 2022DKK 55.8bDKK 11.5bDKK 1.4b37.5x39.3x4.9x
Fri, 11 Mar 2022DKK 53.6bDKK 11.3bDKK 1.6b34.4x32.9x4.7x
Sun, 06 Feb 2022DKK 60.1bDKK 11.3bDKK 1.6b37.5x37.8x5.3x
Tue, 04 Jan 2022DKK 82.7bDKK 10.8bDKK 1.4b84.3x57.9x7.6x
Thu, 02 Dec 2021DKK 79.3bDKK 10.7bDKK 1.4b33.9x56.2x7.4x
Sat, 30 Oct 2021DKK 86.0bDKK 10.5bDKK 1.4b42.1x60.5x8.2x
Mon, 27 Sep 2021DKK 91.8bDKK 10.5bDKK 1.4b44.8x64.6x8.8x
Price to Earnings Ratio

64.6x


Total Market Cap: DKK 91.8bTotal Earnings: DKK 1.4bTotal Revenue: DKK 10.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Tech Sector Price to Earnings3Y Average 48.3x202220232024
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 54.4x which is higher than its 3-year average PE of 48.3x.
  • The 3-year average PS ratio of 3.9x 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 31% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.8% 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 Market0.43%
Tech2.67%
IT2.81%
Software2.74%
Communications0.55%
Tech Hardware0%
Semiconductors0%
Electronic Equipment and Components-0.78%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 25.7x.
    • Analysts are expecting annual earnings growth of 30.3%, which is higher than its past year's earnings decline of 0.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 54% 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 30% 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
NETC Netcompany GroupDKK 316.602.9%
+DKK 408.0m		16.0%PE42.4x
COLUM ColumbusDKK 10.2517.3%
+DKK 195.2m		57.7%PE37.9x
CBRAIN cBrainDKK 208.004.8%
+DKK 187.8m		5.5%PE69.2x
TRIFOR Trifork GroupDKK 98.502.6%
+DKK 48.6m		-21.1%PE14.7x
RTX RTXDKK 80.201.8%
+DKK 11.2m		-5.9%PS1.1x
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Latest News

COLUM

DKK 10.25

Columbus

7D

17.3%

1Y

57.7%

KONSOL

DKK 4.20

Konsolidator

7D

13.5%

1Y

-0.9%

PENNEO

DKK 8.98

Penneo

7D

2.5%

1Y

9.0%

TRIFOR

DKK 98.50

Trifork Group

7D

2.6%

1Y

-21.1%

NETC

DKK 316.60

Netcompany Group

7D

2.9%

1Y

16.0%

We Think Netcompany Group (CPH:NETC) Can Stay On Top Of Its Debt

Sep 05
We Think Netcompany Group (CPH:NETC) Can Stay On Top Of Its Debt

RISMA

DKK 7.70

RISMA Systems

7D

-7.8%

1Y

14.9%

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

DATA

DKK 4.96

Dataproces Group

7D

-2.7%

1Y

112.0%

IMPERO

DKK 5.25

Impero

7D

-3.7%

1Y

7.1%

RTX

DKK 80.20

RTX

7D

1.8%

1Y

-5.9%

YOYO

DKK 7.80

OrderYOYO

7D

-2.5%

1Y

-2.7%

CBRAIN

DKK 208.00

cBrain

7D

4.8%

1Y

5.5%

QINTER

DKK 5.90

Q-Interline

7D

-4.8%

1Y

-20.3%

MAPS

DKK 1.90

Mapspeople

7D

-0.5%

1Y

-10.4%

NEXCOM

DKK 4.48

Nexcom

7D

10.3%

1Y

47.4%

ASTK

DKK 1.68

Asetek

7D

-2.9%

1Y

-68.1%

SIM

DKK 730.50

SimCorp

7D

-0.5%

1Y

65.0%