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Danish (OMX) IT Industry Analysis

UpdatedDec 31, 2024
DataAggregated Company Financials
Companies6
  • 7D0.8%
  • 3M4.5%
  • 1Y38.0%
  • YTD38.5%

In the last week, the IT industry is up 1.0%, with Netcompany Group up 1.1%. This means that the industry has gained 38% over the past year. Looking forward, earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Dec 2024DKK 19.1bDKK 9.8bDKK 576.8m35x33.1x2x
Thu, 28 Nov 2024DKK 19.9bDKK 9.7bDKK 574.9m37.5x34.7x2x
Sat, 26 Oct 2024DKK 18.1bDKK 9.6bDKK 511.5m39.5x35.5x1.9x
Mon, 23 Sep 2024DKK 18.6bDKK 9.6bDKK 511.4m36.9x36.3x1.9x
Wed, 21 Aug 2024DKK 17.8bDKK 9.6bDKK 496.3m25.8x35.8x1.9x
Fri, 19 Jul 2024DKK 17.4bDKK 9.4bDKK 432.3m26.3x40.2x1.9x
Sun, 16 Jun 2024DKK 19.2bDKK 9.4bDKK 421.9m24.4x45.5x2x
Tue, 14 May 2024DKK 18.8bDKK 9.3bDKK 401.2m36.5x46.9x2x
Thu, 11 Apr 2024DKK 17.4bDKK 9.3bDKK 411.7m33.2x42.3x1.9x
Sat, 09 Mar 2024DKK 17.9bDKK 9.2bDKK 433.4m25.7x41.3x1.9x
Mon, 05 Feb 2024DKK 17.6bDKK 9.2bDKK 378.1m36.8x46.6x1.9x
Wed, 03 Jan 2024DKK 14.2bDKK 9.1bDKK 527.2m25.8x27x1.6x
Fri, 01 Dec 2023DKK 13.9bDKK 9.1bDKK 527.2m25.5x26.4x1.5x
Sun, 29 Oct 2023DKK 14.1bDKK 8.9bDKK 629.8m24.4x22.4x1.6x
Tue, 26 Sep 2023DKK 17.1bDKK 9.0bDKK 630.8m28.1x27.1x1.9x
Thu, 24 Aug 2023DKK 16.1bDKK 8.9bDKK 635.8m24.4x25.3x1.8x
Sat, 22 Jul 2023DKK 19.1bDKK 8.7bDKK 691.4m26.5x27.6x2.2x
Mon, 19 Jun 2023DKK 18.5bDKK 8.7bDKK 691.5m26.7x26.8x2.1x
Wed, 17 May 2023DKK 17.4bDKK 8.7bDKK 691.4m25.8x25.1x2x
Fri, 14 Apr 2023DKK 16.4bDKK 8.4bDKK 735.3m24x22.3x1.9x
Sun, 12 Mar 2023DKK 16.1bDKK 8.6bDKK 757.4m18x21.2x1.9x
Tue, 07 Feb 2023DKK 17.9bDKK 8.5bDKK 886.7m19x20.2x2.1x
Thu, 05 Jan 2023DKK 18.5bDKK 8.2bDKK 827.5m16.6x22.3x2.3x
Sat, 03 Dec 2022DKK 21.3bDKK 8.2bDKK 828.7m17.2x25.8x2.6x
Mon, 31 Oct 2022DKK 4.1bDKK 2.9bDKK 258.5m19x15.8x1.4x
Wed, 28 Sep 2022DKK 3.9bDKK 2.9bDKK 256.1m19x15.2x1.3x
Fri, 26 Aug 2022DKK 5.1bDKK 2.9bDKK 258.3m21.4x19.6x1.7x
Sun, 24 Jul 2022DKK 5.2bDKK 2.8bDKK 269.3m21.8x19.5x1.8x
Tue, 21 Jun 2022DKK 5.3bDKK 2.8bDKK 264.3m24.2x19.9x1.9x
Thu, 19 May 2022DKK 5.7bDKK 2.8bDKK 247.3m23.4x22.9x2x
Sat, 16 Apr 2022DKK 5.8bDKK 2.7bDKK 264.4m20.2x21.9x2.1x
Mon, 14 Mar 2022DKK 5.5bDKK 2.9bDKK 385.4m19.4x14.2x1.9x
Wed, 09 Feb 2022DKK 5.9bDKK 2.9bDKK 386.7m20.4x15.4x2.1x
Fri, 07 Jan 2022DKK 7.2bDKK 2.9bDKK 386.1m20.3x18.7x2.5x
Price to Earnings Ratio

18.7x


Total Market Cap: DKK 7.2bTotal Earnings: DKK 386.1mTotal Revenue: DKK 2.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish IT Industry Price to Earnings3Y Average 27.4x20232024
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 33.2x which is higher than its 3-year average PE of 27.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 50% 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 Market0.32%
Tech0.41%
IT0.84%
Internet Services and Infrastructure9.09%
IT Consulting0.84%
Data Processing Services0%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 26.4x.
    • Analysts are expecting annual earnings growth of 27.9%, which is higher than its past year's earnings growth of 0.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 0.6% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 28% 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 339.001.1%
+DKK 170.9m		50.3%PE38.5x
COLUM ColumbusDKK 10.050.5%
+DKK 6.5m		41.5%PE35x
WIRTEK WirtekDKK 6.801.5%
+DKK 792.2k		-24.9%PE22.5x
CONFRZ ConferizeDKK 0.0069.1%
+DKK 726.9k		-70.0%PS1650.9x
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Latest News

NETC

DKK 339.00

Netcompany Group

7D

1.1%

1Y

50.3%

Netcompany Group (CPH:NETC) Hasn't Managed To Accelerate Its Returns

Dec 20
Netcompany Group (CPH:NETC) Hasn't Managed To Accelerate Its Returns

DATA

DKK 5.90

Dataproces Group

7D

-0.8%

1Y

185.0%

WIRTEK

DKK 6.80

Wirtek

7D

1.5%

1Y

-24.9%

TRIFOR

DKK 74.50

Trifork Group

7D

-1.2%

1Y

-29.0%

Trifork Group (CPH:TRIFOR) Strong Profits May Be Masking Some Underlying Issues

Nov 09
Trifork Group (CPH:TRIFOR) Strong Profits May Be Masking Some Underlying Issues

COLUM

DKK 10.05

Columbus

7D

0.5%

1Y

41.5%

CONFRZ

DKK 0.006

Conferize

7D

9.1%

1Y

-70.0%