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Danish (OMX) Market Analysis & Valuation

UpdatedJun 24, 2024
DataAggregated Company Financials
Companies151
  • 7D0.7%
  • 3M7.0%
  • 1Y40.5%
  • YTD25.3%

In the last week, the market has stayed flat, however the Materials sector stood out, gaining 7.3%. Meanwhile, the market is actually up 40% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

Has the Danish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 24 Jun 2024kr.6.9tkr.1.7tkr.184.8b15.1x37.4x4x
Wed, 22 May 2024kr.6.7tkr.1.7tkr.184.6b15.5x36.3x3.9x
Fri, 19 Apr 2024kr.6.3tkr.1.7tkr.192.9b15.2x32.5x3.6x
Sun, 17 Mar 2024kr.6.5tkr.1.7tkr.192.0b13.8x33.9x3.8x
Tue, 13 Feb 2024kr.6.2tkr.1.7tkr.190.6b13.9x32.5x3.6x
Thu, 11 Jan 2024kr.5.8tkr.1.8tkr.216.5b13.4x26.7x3.3x
Sat, 09 Dec 2023kr.5.3tkr.1.8tkr.217.8b13.5x24.4x3x
Mon, 06 Nov 2023kr.5.2tkr.1.8tkr.217.4b12.5x24.1x3x
Wed, 04 Oct 2023kr.5.2tkr.1.9tkr.285.9b12.8x18.1x2.7x
Fri, 01 Sep 2023kr.5.3tkr.1.9tkr.282.7b13.4x18.7x2.8x
Sun, 30 Jul 2023kr.5.0tkr.1.9tkr.322.7b13.5x15.4x2.6x
Tue, 27 Jun 2023kr.5.0tkr.1.9tkr.322.3b13.4x15.5x2.6x
Thu, 25 May 2023kr.5.1tkr.1.9tkr.325.8b14.6x15.8x2.6x
Sat, 22 Apr 2023kr.5.1tkr.1.9tkr.343.4b15.2x15x2.7x
Mon, 20 Mar 2023kr.4.6tkr.1.9tkr.348.2b13.4x13.3x2.4x
Wed, 15 Feb 2023kr.4.8tkr.1.9tkr.346.6b14x13.8x2.5x
Fri, 13 Jan 2023kr.4.6tkr.1.9tkr.355.9b13.6x12.8x2.4x
Sun, 11 Dec 2022kr.4.6tkr.1.9tkr.361.5b13.9x12.7x2.4x
Tue, 08 Nov 2022kr.4.3tkr.1.9tkr.367.9b13.7x11.7x2.2x
Thu, 06 Oct 2022kr.4.1tkr.1.9tkr.345.9b12.8x11.9x2.1x
Sat, 03 Sep 2022kr.4.4tkr.1.9tkr.343.3b13.6x12.7x2.3x
Mon, 01 Aug 2022kr.4.8tkr.1.8tkr.303.8b12.5x15.8x2.7x
Wed, 29 Jun 2022kr.4.4tkr.1.7tkr.299.3b12.5x14.6x2.5x
Fri, 27 May 2022kr.4.4tkr.1.7tkr.296.3b13.3x14.9x2.5x
Sun, 24 Apr 2022kr.4.6tkr.1.6tkr.265.9b14.3x17.5x2.9x
Tue, 22 Mar 2022kr.4.7tkr.1.6tkr.262.8b14.4x17.9x2.9x
Thu, 17 Feb 2022kr.4.5tkr.1.6tkr.252.6b15.1x17.6x2.8x
Sat, 15 Jan 2022kr.4.5tkr.1.5tkr.212.9b17x21.2x3.1x
Mon, 13 Dec 2021kr.4.9tkr.1.5tkr.212.9b16.5x22.9x3.3x
Wed, 10 Nov 2021kr.5.0tkr.1.4tkr.210.4b16.6x23.7x3.4x
Fri, 08 Oct 2021kr.4.6tkr.1.4tkr.187.7b15.6x24.3x3.4x
Sun, 05 Sep 2021kr.4.9tkr.1.4tkr.185.9b16.4x26.2x3.6x
Tue, 03 Aug 2021kr.4.7tkr.1.4tkr.185.9b15.7x25.1x3.5x
Price to Earnings Ratio

23.9x


Total Market Cap: kr.4.4tTotal Earnings: kr.186.0bTotal Revenue: kr.1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 20.2x202220232024
Current Market PE
  • Investors are optimistic on the Danish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 37.4x which is higher than its 3-year average PE of 20.2x.
Past Earnings Growth
  • The earnings for Danish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 8.4% 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 and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market0.73%
Materials7.31%
Energy4.30%
Financials4.05%
Utilities1.37%
Healthcare0.70%
Telecom0.51%
Consumer Discretionary0.49%
Real Estate-0.21%
Tech-0.50%
Industrials-0.81%
Consumer Staples-6.01%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 37.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.4% which is higher than its past year's earnings decline of 16.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 55% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
NOVO B Novo Nordiskkr.987.900.8%
+kr.32.8b		83.8%PE49.1xHealthcare
NSIS B Novozymeskr.438.109.1%
+kr.17.0b		39.0%PE67.3xMaterials
ZEAL Zealand Pharmakr.767.5018.5%
+kr.7.5b		189.2%PS138.9xHealthcare
TOP Topdanmarkkr.359.6024.2%
+kr.6.2b		6.1%PE30.3xFinancials
ORSTED Ørstedkr.391.101.9%
+kr.3.1b		-37.6%PS2.3xUtilities
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