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

Danish (OMX) IT Industry Analysis

UpdatedJul 21, 2026
DataAggregated Company Financials
Companies5
  • 7D2.2%
  • 3M-15.9%
  • 1Y18.4%
  • YTD-7.2%

The IT industry is up 3.4% in the last week, with Netcompany Group up 2.8%. This takes the industry's 12 month performance to a gain of 17%. Looking forward, earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jul 2026DKK 17.8bDKK 11.9bDKK 384.7m40.1x46.2x1.5x
Thu, 18 Jun 2026DKK 17.6bDKK 11.9bDKK 382.7m45.5x46x1.5x
Sat, 16 May 2026DKK 17.8bDKK 11.9bDKK 382.7m47.6x46.5x1.5x
Mon, 13 Apr 2026DKK 19.5bDKK 11.2bDKK 357.0m51.5x54.6x1.7x
Wed, 11 Mar 2026DKK 18.0bDKK 11.3bDKK 378.6m31.2x47.5x1.6x
Fri, 06 Feb 2026DKK 17.7bDKK 11.2bDKK 406.4m37.4x43.5x1.6x
Sun, 04 Jan 2026DKK 19.5bDKK 10.7bDKK 379.0m31.7x51.4x1.8x
Tue, 02 Dec 2025DKK 18.2bDKK 10.7bDKK 379.0m33.1x48.1x1.7x
Thu, 30 Oct 2025DKK 16.6bDKK 10.1bDKK 598.8m26.8x27.7x1.6x
Sat, 27 Sep 2025DKK 14.4bDKK 10.1bDKK 598.8m25x24.1x1.4x
Mon, 25 Aug 2025DKK 15.9bDKK 10.1bDKK 598.8m26.2x26.6x1.6x
Wed, 23 Jul 2025DKK 15.1bDKK 10.0bDKK 666.0m25x22.7x1.5x
Fri, 20 Jun 2025DKK 17.3bDKK 10.0bDKK 667.8m27.5x25.9x1.7x
Sun, 18 May 2025DKK 18.0bDKK 10.0bDKK 662.5m30x27.2x1.8x
Tue, 15 Apr 2025DKK 16.6bDKK 9.9bDKK 656.9m25.2x25.2x1.7x
Thu, 13 Mar 2025DKK 16.2bDKK 9.9bDKK 623.2m27.1x26.1x1.6x
Sat, 08 Feb 2025DKK 16.6bDKK 9.8bDKK 629.4m28.1x26.4x1.7x
Mon, 06 Jan 2025DKK 19.4bDKK 9.8bDKK 576.8m36.3x33.7x2x
Wed, 04 Dec 2024DKK 20.3bDKK 9.7bDKK 574.9m35.9x35.3x2.1x
Fri, 01 Nov 2024DKK 17.7bDKK 9.7bDKK 570.6m39.5x31x1.8x
Sun, 29 Sep 2024DKK 18.2bDKK 9.6bDKK 511.3m39.3x35.7x1.9x
Tue, 27 Aug 2024DKK 17.8bDKK 9.6bDKK 508.7m32.5x34.9x1.9x
Thu, 25 Jul 2024DKK 17.6bDKK 9.4bDKK 432.4m26.4x40.8x1.9x
Sat, 22 Jun 2024DKK 19.1bDKK 9.4bDKK 421.9m23.9x45.2x2x
Mon, 20 May 2024DKK 19.4bDKK 9.4bDKK 421.9m26.4x45.9x2.1x
Wed, 17 Apr 2024DKK 16.6bDKK 9.3bDKK 411.8m31.1x40.3x1.8x
Fri, 15 Mar 2024DKK 17.6bDKK 9.3bDKK 422.9m32.7x41.7x1.9x
Sun, 11 Feb 2024DKK 18.4bDKK 9.2bDKK 378.1m38x48.6x2x
Tue, 09 Jan 2024DKK 14.4bDKK 9.1bDKK 527.2m26x27.2x1.6x
Thu, 07 Dec 2023DKK 14.4bDKK 9.1bDKK 527.2m25.8x27.2x1.6x
Sat, 04 Nov 2023DKK 13.3bDKK 9.1bDKK 520.9m25.9x25.5x1.5x
Mon, 02 Oct 2023DKK 16.6bDKK 9.0bDKK 629.8m27.7x26.4x1.9x
Wed, 30 Aug 2023DKK 16.3bDKK 9.0bDKK 630.7m27x25.8x1.8x
Fri, 28 Jul 2023DKK 19.2bDKK 8.7bDKK 691.5m26.7x27.8x2.2x
Price to Earnings Ratio

27.8x


Total Market Cap: DKK 19.2bTotal Earnings: DKK 691.5mTotal Revenue: DKK 8.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish IT Industry Price to Earnings3Y Average 36x202420252026
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 46.3x which is higher than its 3-year average PE of 36.0x.
  • 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 18% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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%
Tech2.22%
IT2.22%
IT Consulting2.22%
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 35.3x.
    • Analysts are expecting annual earnings growth of 36.4%, which is higher than its past year's earnings decline of 30.5% 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 35.3x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 31% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 36% 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 315.402.2%
+DKK 305.8m		21.9%PE50.9x
TRIFOR Trifork GroupDKK 108.503.8%
+DKK 77.3m		17.3%PE22.2x
DATA Dataproces GroupDKK 5.005.0%
+DKK 8.9m		-33.9%PE29.4x
WIRTEK WirtekDKK 4.104.6%
+DKK 1.4m		-33.3%PS0.5x

Latest News

TRIFOR
DKK 108.50
Trifork Group
7D
3.8%
1Y
17.3%
DATA
DKK 5.00
Dataproces Group
7D
5.0%
1Y
-33.9%
NETC
DKK 315.40
Netcompany Group
7D
2.2%
1Y
21.9%
Narrative Update • Jul 08

NETC: Share Buyback And Cautious P/E Outlook Will Shape Returns

Analysts have lifted the implied fair value for Netcompany Group from DKK 310 to DKK 334, reflecting a blend of slightly tighter P/E assumptions and updated price targets around DKK 370 from recent Citi and Morgan Stanley research. Analyst Commentary Recent Street research on Netcompany Group highlights a mix of caution and restraint around how much upside the stock may offer from current levels.
WIRTEK
DKK 4.10
Wirtek
7D
4.6%
1Y
-33.3%
COLUM
DKK 9.88
Columbus
7D
-0.6%
1Y
0.8%