Header cover image

Danish (OMX) IT Industry Analysis

UpdatedJun 30, 2024
DataAggregated Company Financials
Companies7
  • 7D-4.6%
  • 3M4.5%
  • 1Y4.1%
  • YTD29.4%

Over the last 7 days, the IT industry has dropped 4.6%, driven by a pullback from Netcompany Group of 5.8%. Meanwhile, Dataproces Group actually outperformed within the industry, gaining 12% in the last week. In the past year, the industry has gained 4.1%. Earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 30 Jun 2024DKK 18.2bDKK 9.4bDKK 426.8m28.1x42.6x1.9x
Tue, 28 May 2024DKK 19.2bDKK 9.4bDKK 421.9m26.3x45.4x2x
Thu, 25 Apr 2024DKK 16.6bDKK 9.3bDKK 411.7m31.8x40.4x1.8x
Sat, 23 Mar 2024DKK 17.6bDKK 9.3bDKK 423.4m32.6x41.5x1.9x
Mon, 19 Feb 2024DKK 18.8bDKK 9.2bDKK 378.0m38.6x49.8x2x
Wed, 17 Jan 2024DKK 14.8bDKK 9.1bDKK 527.2m26.6x28.1x1.6x
Fri, 15 Dec 2023DKK 14.7bDKK 9.1bDKK 527.2m26.3x27.8x1.6x
Sun, 12 Nov 2023DKK 13.3bDKK 9.1bDKK 520.6m25.7x25.6x1.5x
Tue, 10 Oct 2023DKK 15.8bDKK 8.9bDKK 629.8m26.4x25x1.8x
Thu, 07 Sep 2023DKK 16.8bDKK 9.0bDKK 630.8m27.3x26.6x1.9x
Sat, 05 Aug 2023DKK 18.9bDKK 8.7bDKK 691.3m26.3x27.4x2.2x
Mon, 03 Jul 2023DKK 17.8bDKK 8.7bDKK 691.4m25.6x25.7x2.1x
Wed, 31 May 2023DKK 18.6bDKK 8.7bDKK 691.4m27.1x26.9x2.1x
Fri, 28 Apr 2023DKK 16.8bDKK 8.4bDKK 735.4m23.8x22.8x2x
Sun, 26 Mar 2023DKK 15.9bDKK 8.4bDKK 735.4m23.7x21.6x1.9x
Tue, 21 Feb 2023DKK 17.8bDKK 8.5bDKK 886.7m16.6x20.1x2.1x
Thu, 19 Jan 2023DKK 19.6bDKK 8.2bDKK 827.5m17.1x23.7x2.4x
Sat, 17 Dec 2022DKK 18.6bDKK 8.2bDKK 829.0m16.3x22.5x2.3x
Mon, 14 Nov 2022DKK 4.6bDKK 3.0bDKK 277.1m18.5x16.4x1.5x
Wed, 12 Oct 2022DKK 3.7bDKK 2.9bDKK 258.5m18.5x14.3x1.3x
Fri, 09 Sep 2022DKK 4.3bDKK 2.9bDKK 258.5m19.7x16.7x1.5x
Sun, 07 Aug 2022DKK 4.9bDKK 2.8bDKK 269.2m21.9x18.4x1.7x
Tue, 05 Jul 2022DKK 5.0bDKK 2.8bDKK 269.0m21.4x18.5x1.8x
Thu, 02 Jun 2022DKK 5.7bDKK 2.8bDKK 264.3m23x21.7x2x
Sat, 30 Apr 2022DKK 5.7bDKK 2.7bDKK 264.4m19.5x21.7x2.1x
Mon, 28 Mar 2022DKK 5.6bDKK 2.7bDKK 264.3m19.7x21.3x2.1x
Wed, 23 Feb 2022DKK 5.6bDKK 2.9bDKK 386.3m19.6x14.6x2x
Fri, 21 Jan 2022DKK 6.5bDKK 2.9bDKK 386.5m20.4x16.8x2.3x
Sun, 19 Dec 2021DKK 7.0bDKK 2.9bDKK 387.3m20.1x18.1x2.4x
Tue, 16 Nov 2021DKK 6.9bDKK 2.9bDKK 387.5m20.1x17.9x2.4x
Thu, 14 Oct 2021DKK 6.4bDKK 2.7bDKK 403.3m15.8x15.8x2.3x
Sat, 11 Sep 2021DKK 5.7bDKK 2.7bDKK 399.5m16.1x14.4x2.1x
Mon, 09 Aug 2021DKK 5.5bDKK 2.7bDKK 399.5m17.3x13.7x2x
Price to Earnings Ratio

13.5x


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 24.2x202220232024
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 42.6x which is higher than its 3-year average PE of 24.2x.
  • 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 2.2% 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 Market0.87%
Tech-3.51%
IT-4.57%
Data Processing Services0%
IT Consulting-4.57%
Internet Services and Infrastructure-5.22%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 23.3x.
    • Analysts are expecting annual earnings growth of 32.3%, 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
DATA Dataproces GroupDKK 4.0612.2%
+DKK 14.7m		100.0%PE396x
TRIFOR Trifork GroupDKK 110.800.4%
+DKK 7.8m		-19.8%PE19.8x
COLUM ColumbusDKK 9.640.4%
+DKK 5.2m		46.5%PE28.1x
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

DATA

DKK 4.06

Dataproces Group

7D

12.2%

1Y

100.0%

TRIFOR

DKK 110.80

Trifork Group

7D

0.4%

1Y

-19.8%

NETC

DKK 298.80

Netcompany Group

7D

-5.8%

1Y

5.8%

Netcompany Group (CPH:NETC) Will Be Hoping To Turn Its Returns On Capital Around

Jun 10
Netcompany Group (CPH:NETC) Will Be Hoping To Turn Its Returns On Capital Around

WIRTEK

DKK 9.90

Wirtek

7D

-1.0%

1Y

-7.5%

COLUM

DKK 9.64

Columbus

7D

0.4%

1Y

46.5%

CONFRZ

DKK 0.014

Conferize

7D

-3.4%

1Y

-72.8%

SLXIT

DKK 2.44

Seluxit

7D

-5.4%

1Y

-18.7%