Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Danish (OMX) IT Industry Analysis

UpdatedMar 05, 2026
DataAggregated Company Financials
Companies5
  • 7D4.0%
  • 3M-4.4%
  • 1Y8.0%
  • YTD-8.4%

The IT industry is up 4.3% in the last week, with Netcompany Group up 3.8%. In the last 12 months, the industry was up 6.4%. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Danish IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026DKK 17.7bDKK 11.3bDKK 378.6m32.8x46.7x1.6x
Sat, 31 Jan 2026DKK 18.5bDKK 10.7bDKK 376.9m38.5x49.1x1.7x
Mon, 29 Dec 2025DKK 19.2bDKK 10.7bDKK 379.0m30.6x50.5x1.8x
Wed, 26 Nov 2025DKK 17.8bDKK 10.7bDKK 379.1m31.7x47x1.7x
Fri, 24 Oct 2025DKK 16.4bDKK 10.1bDKK 598.9m27.3x27.3x1.6x
Sun, 21 Sep 2025DKK 15.0bDKK 10.1bDKK 598.8m25.5x25x1.5x
Tue, 19 Aug 2025DKK 15.5bDKK 10.1bDKK 601.3m27.3x25.8x1.5x
Thu, 17 Jul 2025DKK 16.1bDKK 10.0bDKK 666.0m27.2x24.2x1.6x
Sat, 14 Jun 2025DKK 17.3bDKK 10.0bDKK 667.7m27.4x26x1.7x
Mon, 12 May 2025DKK 17.8bDKK 10.1bDKK 665.5m28.4x26.7x1.8x
Wed, 09 Apr 2025DKK 16.2bDKK 9.9bDKK 656.9m25.4x24.7x1.6x
Fri, 07 Mar 2025DKK 17.6bDKK 9.9bDKK 619.8m29.9x28.3x1.8x
Sun, 02 Feb 2025DKK 17.3bDKK 9.8bDKK 629.3m29.4x27.5x1.8x
Tue, 31 Dec 2024DKK 19.1bDKK 9.8bDKK 576.8m35x33.1x2x
Thu, 28 Nov 2024DKK 19.9bDKK 9.7bDKK 574.9m37.5x34.7x2x
Sat, 26 Oct 2024DKK 18.1bDKK 9.6bDKK 511.5m39.5x35.5x1.9x
Mon, 23 Sep 2024DKK 18.6bDKK 9.6bDKK 511.4m36.9x36.3x1.9x
Wed, 21 Aug 2024DKK 17.8bDKK 9.6bDKK 496.3m25.8x35.8x1.9x
Fri, 19 Jul 2024DKK 17.4bDKK 9.4bDKK 432.3m26.3x40.2x1.9x
Sun, 16 Jun 2024DKK 19.2bDKK 9.4bDKK 421.9m24.4x45.5x2x
Tue, 14 May 2024DKK 18.8bDKK 9.3bDKK 401.2m36.5x46.9x2x
Thu, 11 Apr 2024DKK 17.4bDKK 9.3bDKK 411.7m33.2x42.3x1.9x
Sat, 09 Mar 2024DKK 17.9bDKK 9.2bDKK 433.4m25.7x41.3x1.9x
Mon, 05 Feb 2024DKK 17.6bDKK 9.2bDKK 378.1m36.8x46.6x1.9x
Wed, 03 Jan 2024DKK 14.2bDKK 9.1bDKK 527.2m25.8x27x1.6x
Fri, 01 Dec 2023DKK 13.9bDKK 9.1bDKK 527.2m25.5x26.4x1.5x
Sun, 29 Oct 2023DKK 14.1bDKK 8.9bDKK 629.8m24.4x22.4x1.6x
Tue, 26 Sep 2023DKK 17.1bDKK 9.0bDKK 630.8m28.1x27.1x1.9x
Thu, 24 Aug 2023DKK 16.1bDKK 8.9bDKK 635.8m24.4x25.3x1.8x
Sat, 22 Jul 2023DKK 19.1bDKK 8.7bDKK 691.4m26.5x27.6x2.2x
Mon, 19 Jun 2023DKK 18.5bDKK 8.7bDKK 691.5m26.7x26.8x2.1x
Wed, 17 May 2023DKK 17.4bDKK 8.7bDKK 691.4m25.8x25.1x2x
Fri, 14 Apr 2023DKK 16.4bDKK 8.4bDKK 735.3m24x22.3x1.9x
Sun, 12 Mar 2023DKK 16.1bDKK 8.6bDKK 757.4m18x21.2x1.9x
Price to Earnings Ratio

21.2x


Total Market Cap: DKK 16.1bTotal Earnings: DKK 757.4mTotal Revenue: DKK 8.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish IT Industry Price to Earnings3Y Average 32.7x202420252026
Current Industry PE
  • Investors are optimistic on the Danish IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 45.8x which is higher than its 3-year average PE of 32.7x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.6% 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 industry?

DK Market0.65%
Tech3.17%
IT4.01%
IT Consulting4.01%
Internet Services and Infrastructure0%0
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 32.0x.
    • Analysts are expecting annual earnings growth of 37.0%, which is higher than its past year's earnings decline of 25.7% per year.
  • Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 32.0x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 37% 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 319.603.8%
+DKK 519.2m		12.6%PE56.5x
TRIFOR Trifork GroupDKK 88.909.9%
+DKK 154.5m		8.5%PE22.4x
DATA Dataproces GroupDKK 4.2910.0%
+DKK 14.5m		-33.5%PE36.8x

Latest News

DATA
DKK 4.29
Dataproces Group
7D
10.0%
1Y
-33.5%
TRIFOR
DKK 88.90
Trifork Group
7D
9.9%
1Y
8.5%

Product Shift And Digitalization Tailwinds Will Reshape This European Software Provider

Catalysts About Trifork Group Trifork Group develops and operates software products and related services for customers across public and private sectors in Europe, the US and the Middle East. What are the underlying business or industry changes driving this perspective?
NETC
DKK 319.60
Netcompany Group
7D
3.8%
1Y
12.6%

NETC: 2026 Guidance And Higher P E Multiple Will Support Re Rating

Analysts have lifted their DKK price targets on Netcompany Group by DKK 40 to DKK 365 and to DKK 332 in recent updates, reflecting revised views on earnings risk and sector positioning, while our fair value estimate remains unchanged. Analyst Commentary Recent research highlights a mix of optimism and caution around Netcompany Group, with price targets clustered around DKK 332 and DKK 365 as analysts reassess both earnings risk and the company’s position within European software and IT services.
COLUM
DKK 9.68
Columbus
7D
-1.6%
1Y
-22.2%
WIRTEK
DKK 5.20
Wirtek
7D
-7.1%
1Y
-27.3%