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Danish (OMX) IT Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies5
  • 7D-3.8%
  • 3M-9.5%
  • 1Y6.7%
  • YTD-11.0%

Over the last 7 days, the IT industry has dropped 2.9%, driven by a pullback from Netcompany Group of 2.5%. This takes the industry's 12 month performance to a gain of 8.7%. 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
Wed, 25 Mar 2026DKK 17.1bDKK 11.2bDKK 357.0m44x48x1.5x
Fri, 20 Feb 2026DKK 17.2bDKK 11.2bDKK 406.5m33.6x42.3x1.5x
Sun, 18 Jan 2026DKK 19.4bDKK 10.7bDKK 377.0m37.9x51.4x1.8x
Tue, 16 Dec 2025DKK 19.0bDKK 10.7bDKK 379.1m31x50.1x1.8x
Thu, 13 Nov 2025DKK 18.0bDKK 10.7bDKK 379.0m30.6x47.4x1.7x
Sat, 11 Oct 2025DKK 16.4bDKK 10.1bDKK 598.9m27.1x27.3x1.6x
Mon, 08 Sep 2025DKK 15.1bDKK 10.1bDKK 598.8m25.6x25.2x1.5x
Wed, 06 Aug 2025DKK 14.5bDKK 10.0bDKK 666.0m24.6x21.8x1.4x
Fri, 04 Jul 2025DKK 16.0bDKK 10.0bDKK 666.0m26.9x24x1.6x
Sun, 01 Jun 2025DKK 17.8bDKK 10.0bDKK 662.4m27.8x26.9x1.8x
Tue, 29 Apr 2025DKK 16.9bDKK 9.9bDKK 656.9m25.9x25.7x1.7x
Thu, 27 Mar 2025DKK 16.8bDKK 9.9bDKK 643.6m27.8x26.2x1.7x
Sat, 22 Feb 2025DKK 17.1bDKK 9.8bDKK 629.3m29x27.2x1.7x
Mon, 20 Jan 2025DKK 19.1bDKK 9.8bDKK 576.9m37.9x33.1x2x
Wed, 18 Dec 2024DKK 20.5bDKK 9.8bDKK 576.8m35.4x35.5x2.1x
Fri, 15 Nov 2024DKK 19.6bDKK 9.7bDKK 575.3m38.4x34x2x
Sun, 13 Oct 2024DKK 18.1bDKK 9.6bDKK 511.5m40.1x35.4x1.9x
Tue, 10 Sep 2024DKK 17.6bDKK 9.6bDKK 511.4m32.5x34.3x1.8x
Thu, 08 Aug 2024DKK 16.7bDKK 9.4bDKK 432.4m24.5x38.7x1.8x
Sat, 06 Jul 2024DKK 18.1bDKK 9.4bDKK 432.3m26.5x41.9x1.9x
Mon, 03 Jun 2024DKK 18.6bDKK 9.4bDKK 421.9m25.8x44.1x2x
Wed, 01 May 2024DKK 16.3bDKK 9.3bDKK 411.8m31x39.5x1.8x
Fri, 29 Mar 2024DKK 17.6bDKK 9.3bDKK 423.4m32.3x41.5x1.9x
Sun, 25 Feb 2024DKK 18.7bDKK 9.2bDKK 378.0m38.5x49.4x2x
Tue, 23 Jan 2024DKK 15.3bDKK 9.1bDKK 527.2m26.4x29.1x1.7x
Thu, 21 Dec 2023DKK 14.2bDKK 9.1bDKK 527.2m25.7x26.9x1.6x
Sat, 18 Nov 2023DKK 14.9bDKK 9.1bDKK 527.2m25.6x28.3x1.6x
Mon, 16 Oct 2023DKK 15.5bDKK 8.9bDKK 629.8m26.3x24.5x1.7x
Wed, 13 Sep 2023DKK 16.9bDKK 9.0bDKK 630.8m27.5x26.8x1.9x
Fri, 11 Aug 2023DKK 18.8bDKK 8.7bDKK 691.4m26.1x27.2x2.2x
Sun, 09 Jul 2023DKK 17.7bDKK 8.7bDKK 691.4m25.4x25.6x2x
Tue, 06 Jun 2023DKK 17.9bDKK 8.7bDKK 691.4m26.3x25.9x2.1x
Thu, 04 May 2023DKK 16.9bDKK 8.5bDKK 720.4m26x23.5x2x
Sat, 01 Apr 2023DKK 16.4bDKK 8.4bDKK 735.3m24.1x22.3x1.9x
Price to Earnings Ratio

22.3x


Total Market Cap: DKK 16.4bTotal Earnings: DKK 735.3mTotal Revenue: DKK 8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish IT Industry Price to Earnings3Y Average 33.2x202420252026
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 49.0x which is higher than its 3-year average PE of 33.2x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.6x.
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 10% 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 Market-4.18%
Tech-3.60%
IT-3.76%
Internet Services and Infrastructure0%0
IT Consulting-3.76%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 32.5x.
    • Analysts are expecting annual earnings growth of 37.1%, 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 32.5x.
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
COLUM ColumbusDKK 9.841.0%
+DKK 12.8m		-21.3%PE58.8x

Latest News

WIRTEK
DKK 4.78
Wirtek
7D
-9.0%
1Y
-27.0%
TRIFOR
DKK 82.50
Trifork Group
7D
-5.6%
1Y
-10.3%

Sovereign Data And Product Rollouts Will Struggle Before Eventually Supporting Modest Earnings Improvement

Catalysts About Trifork Group Trifork Group develops and operates software products and services for customers in sectors such as public administration, healthcare, aviation and telecommunications. What are the underlying business or industry changes driving this perspective?
COLUM
DKK 9.84
Columbus
7D
1.0%
1Y
-21.3%
DATA
DKK 3.86
Dataproces Group
7D
-8.7%
1Y
-55.9%
NETC
DKK 311.20
Netcompany Group
7D
-3.9%
1Y
14.7%

NETC: Higher Future P E Multiple Will Support Re Rating Outlook

Analysts have nudged their DKK-based price targets for Netcompany higher, with one move of DKK 40 standing out. This is supported by views that the group can justify a slightly richer future P/E multiple despite some flagged short term earnings risk.