Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Danish (OMX) Market Analysis & Valuation

UpdatedOct 29, 2024
DataAggregated Company Financials
Companies145
  • 7D-2.9%
  • 3M-8.9%
  • 1Y16.6%
  • YTD8.7%

Over the last 7 days, the market has dropped 2.9%, driven by a decline of 4.0% in the Healthcare sector. In contrast to the last week, the market is actually up 17% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Oct 2024DKK 6.0tDKK 1.7tDKK 180.2b15.3x33.2x3.4x
Fri, 27 Sep 2024DKK 6.3tDKK 1.7tDKK 180.0b16.2x35.1x3.6x
Sun, 25 Aug 2024DKK 6.6tDKK 1.7tDKK 180.7b15.4x36.6x3.8x
Tue, 23 Jul 2024DKK 6.6tDKK 1.7tDKK 186.1b15.6x35.3x3.8x
Thu, 20 Jun 2024DKK 6.9tDKK 1.7tDKK 184.7b15.1x37.4x4x
Sat, 18 May 2024DKK 6.6tDKK 1.7tDKK 184.7b15.4x35.8x3.9x
Mon, 15 Apr 2024DKK 6.4tDKK 1.7tDKK 193.1b15.6x33.1x3.7x
Wed, 13 Mar 2024DKK 6.6tDKK 1.7tDKK 192.0b13.3x34.4x3.9x
Fri, 09 Feb 2024DKK 6.1tDKK 1.7tDKK 190.6b13.7x32x3.6x
Sun, 07 Jan 2024DKK 5.7tDKK 1.8tDKK 216.7b13.5x26.4x3.2x
Tue, 05 Dec 2023DKK 5.4tDKK 1.8tDKK 217.2b13.5x24.9x3x
Thu, 02 Nov 2023DKK 5.2tDKK 1.9tDKK 302.2b12.4x17.1x2.8x
Sat, 30 Sep 2023DKK 5.3tDKK 1.9tDKK 284.6b13.3x18.5x2.8x
Mon, 28 Aug 2023DKK 5.3tDKK 1.9tDKK 283.1b13.4x18.9x2.8x
Wed, 26 Jul 2023DKK 5.1tDKK 1.9tDKK 324.0b13.4x15.7x2.6x
Fri, 23 Jun 2023DKK 5.0tDKK 1.9tDKK 321.6b13.6x15.7x2.6x
Sun, 21 May 2023DKK 5.3tDKK 1.9tDKK 324.6b15x16.2x2.7x
Tue, 18 Apr 2023DKK 5.2tDKK 1.9tDKK 343.7b15x15x2.7x
Thu, 16 Mar 2023DKK 4.7tDKK 1.9tDKK 348.7b13.6x13.4x2.4x
Sat, 11 Feb 2023DKK 4.7tDKK 1.9tDKK 346.4b13.5x13.6x2.5x
Mon, 09 Jan 2023DKK 4.7tDKK 1.9tDKK 359.5b13.4x13x2.4x
Wed, 07 Dec 2022DKK 4.5tDKK 1.9tDKK 362.1b13.9x12.5x2.3x
Fri, 04 Nov 2022DKK 4.3tDKK 1.9tDKK 335.5b13.5x12.8x2.3x
Sun, 02 Oct 2022DKK 4.0tDKK 1.9tDKK 347.6b12.7x11.5x2.1x
Tue, 30 Aug 2022DKK 4.5tDKK 1.9tDKK 344.1b13.4x13x2.3x
Thu, 28 Jul 2022DKK 4.6tDKK 1.8tDKK 304.9b12.3x15.2x2.6x
Sat, 25 Jun 2022DKK 4.4tDKK 1.7tDKK 298.9b12.4x14.7x2.5x
Mon, 23 May 2022DKK 4.5tDKK 1.7tDKK 298.5b13.3x15x2.6x
Wed, 20 Apr 2022DKK 4.7tDKK 1.6tDKK 265.8b14.3x17.7x2.9x
Fri, 18 Mar 2022DKK 4.7tDKK 1.6tDKK 262.1b14.3x17.8x2.9x
Sun, 13 Feb 2022DKK 4.4tDKK 1.6tDKK 254.4b15.4x17.4x2.8x
Tue, 11 Jan 2022DKK 4.6tDKK 1.5tDKK 213.6b17.3x21.5x3.1x
Thu, 09 Dec 2021DKK 4.9tDKK 1.5tDKK 212.8b16.4x22.9x3.3x
Sat, 06 Nov 2021DKK 4.9tDKK 1.4tDKK 210.2b17x23.4x3.4x
Price to Earnings Ratio

23.4x


Total Market Cap: DKK 4.9tTotal Earnings: DKK 210.2bTotal Revenue: DKK 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 21.5x202220232024
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 33.2x which is higher than its 3-year average PE of 21.5x.
Past Earnings Growth
  • The earnings for Danish listed companies have declined 5.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.5% 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.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market-2.86%
Financials0.68%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Industrials-0.32%
Consumer Staples-0.43%
Consumer Discretionary-0.57%
Tech-1.03%
Real Estate-1.07%
Materials-1.20%
Utilities-1.36%
Telecom-2.55%
Healthcare-4.01%
Energy-9.99%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 43.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 30.7%, which is higher than its past year's earnings growth of 20.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 63% over the next 5 years.
  • In contrast, the Telecom sector is expected to see its earnings decline by 26% 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
PNDORA PandoraDKK 1.07k3.5%
+DKK 2.8b		33.7%PE17.5xConsumer Discretionary
TRYG TrygDKK 163.502.3%
+DKK 2.2b		18.8%PE19.8xFinancials
AMBU B AmbuDKK 133.254.9%
+DKK 1.7b		91.8%PE78.9xHealthcare
GMAB GenmabDKK 1.58k1.6%
+DKK 1.6b		-20.7%PE18.1xHealthcare
NKT NKTDKK 664.004.6%
+DKK 1.6b		87.6%PE28.8xIndustrials
See more
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 & EnterpriseWhat's New
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.

Market Insights

Header cover image

Evaluating REITs For Long-Term Returns

Richard Bowman avatar
Richard Bowman
|
|

5 comments

This week, we’re getting a little more technical and having a look at the qualitative factors that investors can consider when evaluating a REIT...

Continue reading

Lower Rates Increases REITs Appeal
Last Week

Lower Rates Increases REITs Appeal

Latest News

JYSK

DKK 485.00

Jyske Bank

7D

-8.5%

1Y

-2.3%

DSV

DKK 1,502.00

DSV

7D

-0.8%

1Y

42.8%

Weak Statutory Earnings May Not Tell The Whole Story For DSV (CPH:DSV)

Oct 29
Weak Statutory Earnings May Not Tell The Whole Story For DSV (CPH:DSV)

PNDORA

DKK 1,067.00

Pandora

7D

3.5%

1Y

33.7%

Pandora A/S' (CPH:PNDORA) Intrinsic Value Is Potentially 87% Above Its Share Price

Oct 27
Pandora A/S' (CPH:PNDORA) Intrinsic Value Is Potentially 87% Above Its Share Price

FLS

DKK 371.00

FLSmidth

7D

3.5%

1Y

40.4%

At kr.356, Is FLSmidth & Co. A/S (CPH:FLS) Worth Looking At Closely?

Oct 26
At kr.356, Is FLSmidth & Co. A/S (CPH:FLS) Worth Looking At Closely?

TRYG

DKK 163.50

Tryg

7D

2.3%

1Y

18.8%

RILBA

DKK 1,120.00

Ringkjøbing Landbobank

7D

4.5%

1Y

16.6%

ORSTED

DKK 419.90

Ørsted

7D

-3.1%

1Y

23.6%

MAERSK B

DKK 10,320.00

A.P. Møller - Mærsk

7D

-1.9%

1Y

-12.0%

NSIS B

DKK 440.90

Novonesis

7D

-1.5%

1Y

39.3%

NKT

DKK 664.00

NKT

7D

4.6%

1Y

87.6%

TRMD A

DKK 182.00

TORM

7D

-10.9%

1Y

-15.4%

NOVO B

DKK 768.80

Novo Nordisk

7D

-4.0%

1Y

13.6%

Novo Nordisk A/S' (CPH:NOVO B) P/E Still Appears To Be Reasonable

Oct 09
Novo Nordisk A/S' (CPH:NOVO B) P/E Still Appears To Be Reasonable

GN

DKK 134.55

GN Store Nord

7D

3.5%

1Y

14.7%

AMBU B

DKK 133.25

Ambu

7D

4.9%

1Y

91.8%

GMAB

DKK 1,578.50

Genmab

7D

1.6%

1Y

-20.7%

The Price Is Right For Genmab A/S (CPH:GMAB)

Sep 19
The Price Is Right For Genmab A/S (CPH:GMAB)

DANSKE

DKK 197.65

Danske Bank

7D

-0.9%

1Y

19.6%