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

Danish (OMX) Market Analysis & Valuation

UpdatedMay 26, 2026
DataAggregated Company Financials
Companies127
  • 7D1.4%
  • 3M5.4%
  • 1Y-16.3%
  • YTD-4.4%

Over the last 7 days, the market has risen 1.4%, driven by gains of 1.5% in the Healthcare sector. Meanwhile, the Energy sector has underperformed, shrinking 3.6% in that time. Longer term the market is actually down 16% over the past year. As for the next few years, earnings are expected to grow by 9.2% per annum.

Trending IndustriesBiotech

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 May 2026DKK 4.0tDKK 2.0tDKK 244.6b16.5x16.4x2x
Thu, 23 Apr 2026DKK 3.8tDKK 2.0tDKK 237.2b16x16.1x1.9x
Sat, 21 Mar 2026DKK 3.6tDKK 2.0tDKK 237.4b15.6x15.2x1.8x
Mon, 16 Feb 2026DKK 4.1tDKK 2.0tDKK 241.9b15.9x17x2.1x
Wed, 14 Jan 2026DKK 4.5tDKK 2.0tDKK 261.1b16.6x17.3x2.3x
Fri, 12 Dec 2025DKK 4.1tDKK 1.9tDKK 260.5b15x15.9x2.1x
Sun, 09 Nov 2025DKK 3.8tDKK 2.0tDKK 260.8b14.7x14.8x2x
Tue, 07 Oct 2025DKK 4.1tDKK 1.9tDKK 287.4b15x14.4x2.1x
Thu, 04 Sep 2025DKK 4.0tDKK 1.9tDKK 287.6b14.9x14x2.1x
Sat, 02 Aug 2025DKK 3.8tDKK 1.9tDKK 261.9b15.4x14.4x2x
Mon, 30 Jun 2025DKK 4.4tDKK 1.9tDKK 261.8b15.4x16.7x2.4x
Wed, 28 May 2025DKK 4.6tDKK 1.9tDKK 263.8b15.8x17.3x2.4x
Fri, 25 Apr 2025DKK 4.1tDKK 1.9tDKK 258.8b14.2x16x2.2x
Sun, 23 Mar 2025DKK 4.8tDKK 1.9tDKK 260.7b15.3x18.6x2.6x
Tue, 18 Feb 2025DKK 5.1tDKK 1.9tDKK 263.5b13.8x19.2x2.7x
Thu, 16 Jan 2025DKK 5.2tDKK 1.8tDKK 238.9b13.5x21.6x2.8x
Sat, 14 Dec 2024DKK 5.9tDKK 1.8tDKK 238.0b14x24.6x3.2x
Mon, 11 Nov 2024DKK 5.8tDKK 1.8tDKK 235.8b14.4x24.8x3.2x
Wed, 09 Oct 2024DKK 6.2tDKK 1.7tDKK 180.2b15.3x34.2x3.5x
Fri, 06 Sep 2024DKK 6.5tDKK 1.7tDKK 180.2b15.4x36x3.7x
Sun, 04 Aug 2024DKK 6.4tDKK 1.7tDKK 185.5b15.3x34.6x3.7x
Tue, 02 Jul 2024DKK 7.0tDKK 1.7tDKK 184.8b15.8x37.9x4.1x
Thu, 30 May 2024DKK 6.6tDKK 1.7tDKK 184.6b15.2x35.8x3.9x
Sat, 27 Apr 2024DKK 6.4tDKK 1.7tDKK 191.3b14.7x33.5x3.7x
Mon, 25 Mar 2024DKK 6.5tDKK 1.7tDKK 192.3b15.2x33.7x3.8x
Wed, 21 Feb 2024DKK 6.3tDKK 1.7tDKK 190.4b13.6x32.9x3.7x
Fri, 19 Jan 2024DKK 5.7tDKK 1.8tDKK 217.1b13.4x26.4x3.2x
Sun, 17 Dec 2023DKK 5.3tDKK 1.8tDKK 216.8b13.3x24.6x3x
Tue, 14 Nov 2023DKK 5.3tDKK 1.8tDKK 218.3b12.6x24.3x3x
Thu, 12 Oct 2023DKK 5.4tDKK 1.9tDKK 284.3b13.3x19x2.9x
Sat, 09 Sep 2023DKK 5.4tDKK 1.9tDKK 283.0b13.4x19.1x2.9x
Mon, 07 Aug 2023DKK 4.9tDKK 1.9tDKK 274.2b13.5x17.9x2.7x
Wed, 05 Jul 2023DKK 5.1tDKK 1.9tDKK 322.7b13.9x15.7x2.6x
Fri, 02 Jun 2023DKK 5.1tDKK 1.9tDKK 324.8b14.5x15.7x2.6x
Price to Earnings Ratio

15.7x


Total Market Cap: DKK 5.1tTotal Earnings: DKK 324.8bTotal Revenue: DKK 1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 22.4x202420252026
Current Market PE
  • Investors are pessimistic on the Danish market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 16.4x which is lower than its 3-year average PE of 22.4x.
Past Earnings Growth
  • The earnings for Danish listed companies have declined 9.0% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market1.40%
Materials4.72%
Consumer Staples3.74%
Consumer Discretionary2.33%
Financials1.93%
Healthcare1.51%
Utilities1.06%
Industrials0.19%
Real Estate0.15%
Tech-0.54%
Telecom-2.74%
Energy-3.62%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 55.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 36.3% which is higher than its past year's earnings decline of 33.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 33% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 20% 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
DSV DSVDKK 1.55k3.4%
+DKK 12.3b		-1.1%PE51.4xIndustrials
ORSTED ØrstedDKK 169.203.1%
+DKK 6.7b		-37.2%PS2.8xUtilities
DANSKE Danske BankDKK 334.102.0%
+DKK 5.3b		32.0%PB1.6xFinancials
NKT NKTDKK 1.11k7.0%
+DKK 3.8b		96.4%PE29.5xIndustrials
GMAB GenmabDKK 1.72k3.6%
+DKK 3.7b		23.2%PE20xHealthcare
See more

Market Insights

Header cover image
30-year yields at 2007 highs. SpaceX filing at a $2 trillion valuation. SaaS stocks getting torched while their income statements paint a different story. We recap a noisy week, dig into the Q1 numbers behind the headlines, and lay out how to tell an AI value trap from a genuine opportunity.
Continue reading
Will Gold hit $6,000 this year? 🎢

Latest News

VWS
DKK 191.65
Vestas Wind Systems
7D
-1.6%
1Y
87.6%
ORSTED
DKK 169.20
Ørsted
7D
3.1%
1Y
-37.2%
DEMANT
DKK 244.20
Demant
7D
7.0%
1Y
-6.9%
DAB
DKK 16.50
Danske Andelskassers Bank
7D
-5.7%
1Y
12.6%
DSV
DKK 1,553.50
DSV
7D
3.4%
1Y
-1.1%
Narrative Update • May 23

DSV: Schenker Synergies And 2026 Guidance Will Support Repricing Potential

Analysts have modestly lifted the DSV fair value estimate to DKK 2,042.55, reflecting recent price target increases from banks such as Deutsche Bank, Citi, Morgan Stanley and JPMorgan, partly offset by a reduction from Wolfe Research. Analyst Commentary Recent Street research on DSV shows a mix of optimism and caution as analysts adjust price targets and ratings, contributing to a modest uplift in the aggregated fair value estimate.
TRMD A
DKK 199.40
TORM
7D
-4.6%
1Y
75.9%
UIE
DKK 346.50
UIE
7D
-7.4%
1Y
7.9%
ISS
DKK 266.60
ISS
7D
-2.3%
1Y
50.4%
BAVA
DKK 190.20
Bavarian Nordic
7D
-2.8%
1Y
10.0%
MAERSK B
DKK 15,170.00
A.P. Møller - Mærsk
7D
1.6%
1Y
25.5%
NKT
DKK 1,106.00
NKT
7D
7.0%
1Y
96.4%
Narrative Update • May 19

NKT: Raised Growth And Margin Hurdles Will Pressure Execution Risks

Analysts have raised the NKT price target to DKK 850, up from DKK 752. This change is supported by updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E in recent research.
DANSKE
DKK 334.10
Danske Bank
7D
2.0%
1Y
32.0%
GMAB
DKK 1,717.00
Genmab
7D
3.6%
1Y
23.2%
DNORD
DKK 316.40
Dampskibsselskabet Norden
7D
-2.5%
1Y
54.5%
Analysis Article • May 14

Dampskibsselskabet Norden's (CPH:DNORD) Shareholders Have More To Worry About Than Lackluster Earnings

Dampskibsselskabet Norden A/S ( CPH:DNORD ) recently posted soft earnings but shareholders didn't react strongly. We...
NSIS B
DKK 378.10
Novozymes
7D
1.5%
1Y
-18.9%
TRYG
DKK 155.30
Tryg
7D
-1.0%
1Y
-9.9%
Narrative Update • Apr 23

TRYG: Dividend Progress And Capital Authorisations Will Shape Balanced Future Expectations

Analysts have made only a modest adjustment to their view on Tryg, keeping the fair value estimate steady at DKK 172.71 while reflecting slightly higher revenue growth and profit margin expectations, as well as a lower future P/E in their updated price target assumptions. What's in the News Ordinary dividend for the first quarter of 2026 set at DKK 2.15 per share, compared with DKK 2.05 per share in the previous year.