Header cover image

Danish (OMX) IT Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies6
  • 7D-0.9%
  • 3M8.1%
  • 1Y-10.3%
  • YTD23.1%

Over the last 7 days, the IT industry has remained flat. As for the longer term, the industry has declined 10% in the last year. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024DKK 17.2bDKK 9.4bDKK 432.4m26.3x39.8x1.8x
Sun, 23 Jun 2024DKK 19.1bDKK 9.4bDKK 421.9m23.9x45.2x2x
Tue, 21 May 2024DKK 19.4bDKK 9.4bDKK 421.9m26.4x45.9x2.1x
Thu, 18 Apr 2024DKK 16.2bDKK 9.3bDKK 411.8m31.2x39.3x1.7x
Sat, 16 Mar 2024DKK 17.6bDKK 9.3bDKK 422.9m32.1x41.6x1.9x
Mon, 12 Feb 2024DKK 18.4bDKK 9.2bDKK 378.1m38x48.6x2x
Wed, 10 Jan 2024DKK 14.5bDKK 9.1bDKK 527.2m26.1x27.5x1.6x
Fri, 08 Dec 2023DKK 14.3bDKK 9.1bDKK 527.2m25.8x27.1x1.6x
Sun, 05 Nov 2023DKK 13.3bDKK 9.1bDKK 520.9m25.9x25.5x1.5x
Tue, 03 Oct 2023DKK 16.6bDKK 9.0bDKK 629.8m28x26.4x1.9x
Thu, 31 Aug 2023DKK 16.1bDKK 8.9bDKK 630.7m26.8x25.5x1.8x
Sat, 29 Jul 2023DKK 19.4bDKK 8.7bDKK 691.4m26.6x28.1x2.2x
Mon, 26 Jun 2023DKK 17.2bDKK 8.7bDKK 691.4m25.2x24.8x2x
Wed, 24 May 2023DKK 17.3bDKK 8.7bDKK 691.5m26x25x2x
Fri, 21 Apr 2023DKK 16.5bDKK 8.4bDKK 735.4m23.9x22.5x2x
Sun, 19 Mar 2023DKK 15.6bDKK 8.4bDKK 736.1m22.9x21.2x1.8x
Tue, 14 Feb 2023DKK 17.7bDKK 8.5bDKK 886.9m18.3x19.9x2.1x
Thu, 12 Jan 2023DKK 19.2bDKK 8.2bDKK 827.8m16.8x23.2x2.3x
Sat, 10 Dec 2022DKK 19.7bDKK 8.2bDKK 828.7m16.8x23.8x2.4x
Mon, 07 Nov 2022DKK 4.3bDKK 3.0bDKK 277.2m18.8x15.7x1.5x
Wed, 05 Oct 2022DKK 3.8bDKK 2.9bDKK 267.3m20x14.1x1.3x
Fri, 02 Sep 2022DKK 4.5bDKK 2.9bDKK 258.5m20.3x17.2x1.5x
Sun, 31 Jul 2022DKK 5.3bDKK 2.8bDKK 269.2m21.4x19.6x1.9x
Tue, 28 Jun 2022DKK 5.2bDKK 2.8bDKK 264.3m23x19.7x1.8x
Thu, 26 May 2022DKK 5.7bDKK 2.8bDKK 264.3m22.6x21.6x2x
Sat, 23 Apr 2022DKK 5.8bDKK 2.7bDKK 264.2m19.7x22.1x2.1x
Mon, 21 Mar 2022DKK 5.9bDKK 2.7bDKK 264.4m19.9x22.2x2.1x
Wed, 16 Feb 2022DKK 5.9bDKK 2.9bDKK 386.7m20x15.2x2x
Fri, 14 Jan 2022DKK 6.8bDKK 2.9bDKK 386.4m20.4x17.6x2.4x
Sun, 12 Dec 2021DKK 6.9bDKK 2.9bDKK 387.3m20x17.7x2.4x
Tue, 09 Nov 2021DKK 6.8bDKK 2.9bDKK 386.6m20.2x17.7x2.4x
Thu, 07 Oct 2021DKK 5.6bDKK 2.7bDKK 403.2m15x13.8x2x
Sat, 04 Sep 2021DKK 5.9bDKK 2.7bDKK 399.5m16.6x14.7x2.1x
Mon, 02 Aug 2021DKK 5.4bDKK 2.7bDKK 399.5m17.3x13.4x2x
Price to Earnings Ratio

13.4x


Total Market Cap: DKK 5.4bTotal Earnings: DKK 399.5mTotal Revenue: DKK 2.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish IT Industry Price to Earnings3Y Average 24.6x202220232024
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 39.8x which is higher than its 3-year average PE of 24.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 2.7% per year over the last three years.
  • Revenues for these companies have grown 51% 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 industry?

DK Market0.34%
Tech-0.16%
IT-0.87%
Internet Services and Infrastructure0%
Data Processing Services0%
IT Consulting-0.87%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 23.7x.
    • Analysts are expecting annual earnings growth of 32.4%, which is higher than its past year's earnings growth of 6.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 6.7% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 32% 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 285.000.6%
+DKK 63.5m		-10.1%PE47.1x
DATA Dataproces GroupDKK 4.403.8%
+DKK 5.4m		116.7%PE429.1x
TRIFOR Trifork GroupDKK 108.400.2%
+DKK 3.9m		-19.7%PE19.3x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

NETC

DKK 285.00

Netcompany Group

7D

0.6%

1Y

-10.1%

Is Netcompany Group A/S (CPH:NETC) Trading At A 41% Discount?

Jul 13
Is Netcompany Group A/S (CPH:NETC) Trading At A 41% Discount?

DATA

DKK 4.40

Dataproces Group

7D

3.8%

1Y

116.7%

TRIFOR

DKK 108.40

Trifork Group

7D

0.2%

1Y

-19.7%

WIRTEK

DKK 10.50

Wirtek

7D

-3.7%

1Y

-8.3%

COLUM

DKK 8.88

Columbus

7D

-1.8%

1Y

37.9%