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Danish (OMX) Market Analysis & Valuation

UpdatedOct 06, 2024
DataAggregated Company Financials
Companies146
  • 7D-2.3%
  • 3M-13.3%
  • 1Y16.8%
  • YTD8.9%

Over the last 7 days, the market has dropped 2.3%, driven by a decline of 2.3% in the Healthcare sector. On the other hand, the Real Estate has risen by 4.9%. As for the longer term, the market has actually risen by 17% in the last year. Earnings are forecast to grow by 15% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Oct 2024DKK 6.0tDKK 1.7tDKK 180.2b15.7x33.3x3.4x
Tue, 03 Sep 2024DKK 6.7tDKK 1.7tDKK 180.2b15.4x37.2x3.9x
Thu, 01 Aug 2024DKK 6.7tDKK 1.7tDKK 185.6b15.5x35.9x3.9x
Sat, 29 Jun 2024DKK 7.0tDKK 1.7tDKK 184.8b15.8x37.8x4.1x
Mon, 27 May 2024DKK 6.7tDKK 1.7tDKK 184.6b15.4x36.2x3.9x
Wed, 24 Apr 2024DKK 6.5tDKK 1.7tDKK 192.7b15.1x33.5x3.8x
Fri, 22 Mar 2024DKK 6.5tDKK 1.7tDKK 192.1b14.4x33.8x3.8x
Sun, 18 Feb 2024DKK 6.3tDKK 1.7tDKK 190.3b13.8x33.1x3.7x
Tue, 16 Jan 2024DKK 5.7tDKK 1.8tDKK 216.6b13.5x26.5x3.2x
Thu, 14 Dec 2023DKK 5.3tDKK 1.8tDKK 217.5b13.3x24.4x3x
Sat, 11 Nov 2023DKK 5.3tDKK 1.8tDKK 218.1b12.5x24.2x3x
Mon, 09 Oct 2023DKK 5.2tDKK 1.9tDKK 284.5b13.1x18.4x2.8x
Wed, 06 Sep 2023DKK 5.4tDKK 1.9tDKK 284.6b13.3x18.9x2.9x
Fri, 04 Aug 2023DKK 5.0tDKK 1.9tDKK 323.5b13.4x15.3x2.6x
Sun, 02 Jul 2023DKK 5.1tDKK 1.9tDKK 322.2b13.8x15.8x2.6x
Tue, 30 May 2023DKK 5.2tDKK 1.9tDKK 325.2b14.4x16x2.7x
Thu, 27 Apr 2023DKK 5.0tDKK 1.9tDKK 342.6b15x14.5x2.6x
Sat, 25 Mar 2023DKK 4.8tDKK 1.9tDKK 346.9b13.5x13.9x2.5x
Mon, 20 Feb 2023DKK 4.8tDKK 1.9tDKK 347.0b14.2x13.8x2.5x
Wed, 18 Jan 2023DKK 4.7tDKK 1.9tDKK 356.5b13.7x13.1x2.4x
Fri, 16 Dec 2022DKK 4.6tDKK 1.9tDKK 359.9b13.2x12.7x2.4x
Sun, 13 Nov 2022DKK 4.3tDKK 1.9tDKK 365.8b14x11.8x2.2x
Tue, 11 Oct 2022DKK 4.1tDKK 1.9tDKK 349.8b12.7x11.6x2.1x
Thu, 08 Sep 2022DKK 4.3tDKK 1.9tDKK 345.6b13.2x12.6x2.3x
Sat, 06 Aug 2022DKK 4.6tDKK 1.8tDKK 341.6b12.7x13.3x2.5x
Mon, 04 Jul 2022DKK 4.4tDKK 1.8tDKK 301.2b12.1x14.5x2.5x
Wed, 01 Jun 2022DKK 4.5tDKK 1.7tDKK 296.1b13.4x15.3x2.6x
Fri, 29 Apr 2022DKK 4.6tDKK 1.7tDKK 270.6b14.6x17.1x2.8x
Sun, 27 Mar 2022DKK 4.5tDKK 1.6tDKK 263.3b14.3x17.1x2.8x
Tue, 22 Feb 2022DKK 4.3tDKK 1.6tDKK 253.2b14.4x16.9x2.7x
Thu, 20 Jan 2022DKK 4.5tDKK 1.5tDKK 213.5b16.7x21.2x3.1x
Sat, 18 Dec 2021DKK 4.9tDKK 1.5tDKK 213.2b16.1x22.9x3.3x
Mon, 15 Nov 2021DKK 5.0tDKK 1.5tDKK 212.1b16.4x23.7x3.5x
Wed, 13 Oct 2021DKK 4.5tDKK 1.4tDKK 187.8b15.5x24.2x3.3x
Price to Earnings Ratio

24.2x


Total Market Cap: DKK 4.5tTotal Earnings: DKK 187.8bTotal Revenue: DKK 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 21.3x202220232024
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 33.3x which is higher than its 3-year average PE of 21.3x.
Past Earnings Growth
  • The earnings for Danish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 8.6% 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 Market-2.35%
Real Estate4.89%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Energy-1.23%
Industrials-1.34%
Tech-1.36%
Consumer Staples-1.46%
Telecom-1.84%
Healthcare-2.27%
Materials-2.56%
Financials-3.23%
Consumer Discretionary-4.06%
Utilities-7.07%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 42.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 29.2%, 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 59% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 25% 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 1.50k7.8%
+DKK 22.7b
15.4%PE29xIndustrials
HLUN B H. LundbeckDKK 45.082.1%
+DKK 932.5m
17.8%PE17.3xHealthcare
JDAN JeudanDKK 244.006.6%
+DKK 830.8m
4.7%PS7.9xReal Estate
EMBLA Embla Medical hfDKK 32.204.5%
+DKK 597.7m
7.7%PE33.1xHealthcare
DNORD Dampskibsselskabet NordenDKK 282.201.4%
+DKK 120.5m
-29.8%PE5.1xIndustrials
See more
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Market Insights

In last week’s third-quarter review, we mentioned that financial sector stocks are showing signs of life and beginning to outperform. In the era of ‘easy money’, cloud computing, and AI, the financial sector has taken a back seat for a lot of investors...

Latest News

ORSTED

DKK 418.30

Ørsted

7D

-7.1%

1Y

25.7%

TIV

DKK 682.00

Tivoli

7D

1.2%

1Y

-4.2%

DSV

DKK 1,504.50

DSV

7D

7.8%

1Y

15.4%

HLUN B

DKK 45.08

H. Lundbeck

7D

2.1%

1Y

17.8%

VWS

DKK 140.65

Vestas Wind Systems

7D

-6.5%

1Y

3.2%

COLO B

DKK 862.60

Coloplast

7D

-1.9%

1Y

17.2%

NOVO B

DKK 778.20

Novo Nordisk

7D

-2.3%

1Y

20.6%

NSIS B

DKK 464.80

Novonesis

7D

-2.5%

1Y

58.2%

DANSKE

DKK 190.75

Danske Bank

7D

-5.6%

1Y

18.3%

JDAN

DKK 244.00

Jeudan

7D

6.6%

1Y

4.7%