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Danish (OMX) IT Industry Analysis

UpdatedMar 25, 2023
DataAggregated Company Financials
Companies7
  • 7D1.8%
  • 3M-13.1%
  • 1Y-42.0%
  • YTD-14.7%

In the last week, the IT industry is up 1.2%, with Netcompany Group up 2.3%. In contrast, the industry has lost 42% in the last 12 months. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Mar 2023kr.15.9bkr.8.4bkr.735.3m23.7x21.6x1.9x
Tue, 21 Feb 2023kr.17.8bkr.8.5bkr.886.7m16.6x20.1x2.1x
Thu, 19 Jan 2023kr.19.6bkr.8.2bkr.827.5m17.1x23.7x2.4x
Sat, 17 Dec 2022kr.18.6bkr.8.2bkr.829.0m16.3x22.5x2.3x
Mon, 14 Nov 2022kr.4.6bkr.3.0bkr.277.1m18.5x16.4x1.5x
Wed, 12 Oct 2022kr.3.7bkr.2.9bkr.258.5m18.5x14.3x1.3x
Fri, 09 Sep 2022kr.4.3bkr.2.9bkr.258.5m19.7x16.7x1.5x
Sun, 07 Aug 2022kr.4.9bkr.2.8bkr.269.2m21.9x18.4x1.7x
Tue, 05 Jul 2022kr.5.0bkr.2.8bkr.269.0m21.4x18.5x1.8x
Thu, 02 Jun 2022kr.5.7bkr.2.8bkr.264.3m23x21.7x2x
Sat, 30 Apr 2022kr.5.7bkr.2.7bkr.264.4m19.5x21.7x2.1x
Mon, 28 Mar 2022kr.5.6bkr.2.7bkr.264.3m19.7x21.3x2.1x
Wed, 23 Feb 2022kr.5.6bkr.2.9bkr.386.3m19.6x14.6x2x
Fri, 21 Jan 2022kr.6.5bkr.2.9bkr.386.5m20.4x16.8x2.3x
Sun, 19 Dec 2021kr.7.0bkr.2.9bkr.387.3m20.1x18.1x2.4x
Tue, 16 Nov 2021kr.6.9bkr.2.9bkr.387.5m20.1x17.9x2.4x
Thu, 14 Oct 2021kr.6.4bkr.2.7bkr.403.3m15.8x15.8x2.3x
Sat, 11 Sep 2021kr.5.7bkr.2.7bkr.399.5m16.1x14.4x2.1x
Mon, 09 Aug 2021kr.5.5bkr.2.7bkr.399.5m17.3x13.7x2x
Sun, 02 May 2021kr.1.9bkr.1.7bkr.63.5m23.9x29.2x1.1x
Wed, 03 Feb 2021kr.2.2bkr.1.7bkr.43.0m27.9x50x1.3x
Sat, 07 Nov 2020kr.1.3bkr.1.7b-kr.61,907,941.0027x-20.3x0.7x
Fri, 31 Jul 2020kr.1.2bkr.1.8b-kr.37,463,863.0018.3x-33.1x0.7x
Mon, 04 May 2020kr.1.1bkr.1.8b-kr.40,538,574.0019.3x-27x0.6x
Price to Earnings Ratio

-22.2x


Total Market Cap: kr.901.2mTotal Earnings: -kr.40,538,574.00Total Revenue: kr.1.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish IT Industry Price to Earnings3Y Average 9.7x202120222023
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 21.7x which is higher than its 3-year average PE of 9.7x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Total earnings for the IT industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 68% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Danish Tech industry?

DK Market3.72%
Tech-0.20%
IT1.82%
IT Consulting1.84%
Data Processing Services0%
Internet Services and Infrastructure-6.64%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 3.9x.
    • Analysts are expecting annual earnings growth of 15.9%, which is higher than its past year's earnings decline of 13.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 16% 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 Groupkr.240.803.3%
+kr.383.0m
-45.6%PE19.6x
COLUM Columbuskr.6.321.9%
+kr.15.5m
-32.9%PE27.3x
WIRTEK Wirtekkr.14.259.2%
+kr.9.0m
-15.7%PE20.9x
DATA Dataproces Groupkr.2.190.9%
+kr.613.9k
-63.6%PS2.2x
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