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Danish (OMX) IT Industry Analysis

UpdatedMay 05, 2026
DataAggregated Company Financials
Companies5
  • 7D2.6%
  • 3M5.8%
  • 1Y14.7%
  • YTD6.2%

Last week, the IT industry hasn't moved much but Netcompany Group is up 3.1% in that time. The past year has been better, since the industry has gained 15% in that time. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 May 2026DKK 20.4bDKK 11.2bDKK 357.0m52.1x57.1x1.8x
Thu, 02 Apr 2026DKK 21.0bDKK 11.2bDKK 357.0m50.2x58.8x1.9x
Sat, 28 Feb 2026DKK 17.8bDKK 11.2bDKK 406.4m31.7x43.9x1.6x
Mon, 26 Jan 2026DKK 19.1bDKK 10.7bDKK 376.9m39.5x50.7x1.8x
Wed, 24 Dec 2025DKK 19.2bDKK 10.7bDKK 379.1m30.6x50.5x1.8x
Fri, 21 Nov 2025DKK 17.7bDKK 10.7bDKK 379.0m29.9x46.7x1.7x
Sun, 19 Oct 2025DKK 15.9bDKK 10.1bDKK 598.8m26.6x26.5x1.6x
Tue, 16 Sep 2025DKK 14.9bDKK 10.1bDKK 598.8m25.4x24.9x1.5x
Thu, 14 Aug 2025DKK 14.6bDKK 10.0bDKK 666.0m24.3x21.9x1.5x
Sat, 12 Jul 2025DKK 16.2bDKK 10.0bDKK 666.0m27.3x24.4x1.6x
Mon, 09 Jun 2025DKK 17.5bDKK 10.0bDKK 667.8m27.9x26.3x1.7x
Wed, 07 May 2025DKK 17.9bDKK 10.0bDKK 685.1m25.5x26.2x1.8x
Fri, 04 Apr 2025DKK 16.3bDKK 9.9bDKK 656.7m26.8x24.8x1.6x
Sun, 02 Mar 2025DKK 17.4bDKK 9.9bDKK 619.7m29.5x28x1.8x
Tue, 28 Jan 2025DKK 19.0bDKK 9.8bDKK 576.9m37.5x32.9x1.9x
Thu, 26 Dec 2024DKK 18.9bDKK 9.8bDKK 576.9m34.9x32.8x1.9x
Sat, 23 Nov 2024DKK 20.0bDKK 9.7bDKK 574.8m37x34.8x2.1x
Mon, 21 Oct 2024DKK 18.6bDKK 9.6bDKK 511.5m40.3x36.3x1.9x
Wed, 18 Sep 2024DKK 18.6bDKK 9.6bDKK 511.4m36x36.5x1.9x
Fri, 16 Aug 2024DKK 17.6bDKK 9.6bDKK 496.2m25.5x35.4x1.8x
Sun, 14 Jul 2024DKK 17.7bDKK 9.4bDKK 432.4m25.9x41x1.9x
Tue, 11 Jun 2024DKK 19.2bDKK 9.4bDKK 421.9m24.4x45.5x2x
Thu, 09 May 2024DKK 18.9bDKK 9.4bDKK 421.7m25.4x44.7x2x
Sat, 06 Apr 2024DKK 18.0bDKK 9.3bDKK 411.8m33.1x43.7x1.9x
Mon, 04 Mar 2024DKK 18.4bDKK 9.2bDKK 433.4m25.1x42.5x2x
Wed, 31 Jan 2024DKK 17.7bDKK 9.2bDKK 378.0m36.6x46.9x1.9x
Fri, 29 Dec 2023DKK 14.4bDKK 9.1bDKK 527.2m25.9x27.2x1.6x
Sun, 26 Nov 2023DKK 14.3bDKK 9.1bDKK 527.2m25.8x27.2x1.6x
Tue, 24 Oct 2023DKK 14.4bDKK 9.0bDKK 629.8m24.2x22.8x1.6x
Thu, 21 Sep 2023DKK 17.2bDKK 9.0bDKK 630.7m27.9x27.3x1.9x
Sat, 19 Aug 2023DKK 16.0bDKK 8.9bDKK 635.7m24.3x25.2x1.8x
Mon, 17 Jul 2023DKK 19.0bDKK 8.7bDKK 691.5m26.4x27.5x2.2x
Wed, 14 Jun 2023DKK 18.3bDKK 8.7bDKK 691.5m26.8x26.5x2.1x
Fri, 12 May 2023DKK 17.3bDKK 8.6bDKK 690.6m26.4x25x2x
Price to Earnings Ratio

25x


Total Market Cap: DKK 17.3bTotal Earnings: DKK 690.6mTotal Revenue: DKK 8.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish IT Industry Price to Earnings3Y Average 34.5x202420252026
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 56.0x which is higher than its 3-year average PE of 34.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 20% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.2% 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 industry?

DK Market1.68%
Tech1.78%
IT2.56%
IT Consulting2.56%
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 33.7x.
    • Analysts are expecting annual earnings growth of 37.0%, which is higher than its past year's earnings decline of 41.6% 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 33.7x.
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 42% 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 379.803.2%
+DKK 532.2m		20.7%PE66.7x
DATA Dataproces GroupDKK 5.165.3%
+DKK 9.6m		-42.0%PE44.3x
COLUM ColumbusDKK 10.050.5%
+DKK 6.4m		-12.6%PE59.8x

Latest News

TRIFOR
DKK 89.20
Trifork Group
7D
-2.2%
1Y
0.2%
NETC
DKK 379.80
Netcompany Group
7D
3.2%
1Y
20.7%

NETC: Recent Rating Shifts And Board Actions Will Shape Future Repricing

Netcompany Group's analyst price target has shifted from DKK 385 to about DKK 397, with analysts citing updated fair value estimates and minor adjustments to discount rate, growth, margin, and P/E assumptions following recent target increases from major banks. Analyst Commentary Recent target changes around DKK 397 reflect fresh research updates, including a DKK 13 uplift from Morgan Stanley, a DKK 40 move at Deutsche Bank and an upgrade from SEB Equities.
COLUM
DKK 10.05
Columbus
7D
0.5%
1Y
-12.6%
DATA
DKK 5.16
Dataproces Group
7D
5.3%
1Y
-42.0%
WIRTEK
DKK 4.52
Wirtek
7D
-3.8%
1Y
-28.8%