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Danish (OMX) Market Analysis & Valuation

UpdatedJul 08, 2024
DataAggregated Company Financials
Companies149
  • 7D-1.4%
  • 3M9.5%
  • 1Y41.3%
  • YTD24.8%

Over the last 7 days, the market has dropped 1.4%, driven by a pullback of 2.5% in the Healthcare sector. As for the longer term, the market has actually risen by 41% in the last year. Earnings are forecast to grow by 13% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 08 Jul 2024DKK 6.9tDKK 1.7tDKK 184.5b15.4x37.3x4x
Wed, 05 Jun 2024DKK 6.7tDKK 1.7tDKK 184.5b14.9x36.4x3.9x
Fri, 03 May 2024DKK 6.3tDKK 1.7tDKK 181.6b14.7x34.8x3.7x
Sun, 31 Mar 2024DKK 6.4tDKK 1.7tDKK 192.5b14.8x33.5x3.8x
Tue, 27 Feb 2024DKK 6.3tDKK 1.7tDKK 191.4b13x32.7x3.7x
Thu, 25 Jan 2024DKK 5.7tDKK 1.8tDKK 216.8b13.5x26.2x3.2x
Sat, 23 Dec 2023DKK 5.5tDKK 1.8tDKK 216.2b13.4x25.5x3.1x
Mon, 20 Nov 2023DKK 5.4tDKK 1.8tDKK 216.7b13.1x24.8x3x
Wed, 18 Oct 2023DKK 5.5tDKK 1.9tDKK 285.4b13x19.1x2.9x
Fri, 15 Sep 2023DKK 5.5tDKK 1.9tDKK 283.6b13.4x19.3x2.9x
Sun, 13 Aug 2023DKK 5.3tDKK 1.9tDKK 278.3b13.4x19.1x2.9x
Tue, 11 Jul 2023DKK 5.0tDKK 1.9tDKK 321.1b13.6x15.4x2.6x
Thu, 08 Jun 2023DKK 5.1tDKK 1.9tDKK 325.8b14.2x15.6x2.6x
Sat, 06 May 2023DKK 5.1tDKK 1.9tDKK 312.7b14.2x16.3x2.7x
Mon, 03 Apr 2023DKK 4.9tDKK 1.9tDKK 345.1b14.5x14.3x2.6x
Wed, 01 Mar 2023DKK 4.8tDKK 1.9tDKK 349.7b13.9x13.7x2.5x
Fri, 27 Jan 2023DKK 4.6tDKK 1.9tDKK 354.7b13.7x12.8x2.4x
Sun, 25 Dec 2022DKK 4.6tDKK 1.9tDKK 360.0b13.9x12.7x2.4x
Tue, 22 Nov 2022DKK 4.3tDKK 1.9tDKK 368.6b13.6x11.7x2.2x
Thu, 20 Oct 2022DKK 4.2tDKK 1.9tDKK 347.2b13.3x12x2.2x
Sat, 17 Sep 2022DKK 4.2tDKK 1.9tDKK 343.2b13.4x12.2x2.2x
Mon, 15 Aug 2022DKK 4.6tDKK 1.9tDKK 337.8b13x13.5x2.4x
Wed, 13 Jul 2022DKK 4.5tDKK 1.8tDKK 306.7b11.6x14.7x2.5x
Fri, 10 Jun 2022DKK 4.5tDKK 1.7tDKK 297.3b12.7x15.2x2.6x
Sun, 08 May 2022DKK 4.5tDKK 1.7tDKK 298.9b13.8x15x2.6x
Tue, 05 Apr 2022DKK 4.7tDKK 1.6tDKK 263.3b14.3x17.8x2.9x
Thu, 03 Mar 2022DKK 4.5tDKK 1.6tDKK 259.4b14.2x17.2x2.8x
Sat, 29 Jan 2022DKK 4.4tDKK 1.5tDKK 215.6b16.2x20.3x3x
Mon, 27 Dec 2021DKK 4.9tDKK 1.5tDKK 213.7b17.1x22.8x3.3x
Wed, 24 Nov 2021DKK 4.8tDKK 1.5tDKK 213.3b15.6x22.5x3.3x
Fri, 22 Oct 2021DKK 4.8tDKK 1.4tDKK 187.4b16.7x25.6x3.5x
Sun, 19 Sep 2021DKK 4.8tDKK 1.4tDKK 186.8b15.6x25.6x3.5x
Tue, 17 Aug 2021DKK 4.9tDKK 1.4tDKK 185.9b16.1x26.4x3.6x
Price to Earnings Ratio

25.6x


Total Market Cap: DKK 4.8tTotal Earnings: DKK 185.9bTotal Revenue: DKK 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 20.3x202220232024
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 37.3x which is higher than its 3-year average PE of 20.3x.
Past Earnings Growth
  • The earnings for Danish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 8.2% 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-1.42%
Utilities7.80%
Materials3.06%
Industrials2.11%
Real Estate1.47%
Consumer Staples-0.26%
Telecom-0.30%
Consumer Discretionary-1.06%
Energy-1.10%
Tech-1.29%
Financials-1.69%
Healthcare-2.49%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 38.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.5% which is higher than its past year's earnings decline of 15.0% 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 21% 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
ORSTED ØrstedDKK 399.506.3%
+DKK 9.9b		-34.0%PS2.3xUtilities
DSV DSVDKK 1.18k2.8%
+DKK 6.7b		-17.2%PE21.4xIndustrials
NSIS B NovozymesDKK 435.503.1%
+DKK 6.1b		36.9%PE66.9xMaterials
COLO B ColoplastDKK 848.601.9%
+DKK 3.6b		4.4%PE38.4xHealthcare
ZEAL Zealand PharmaDKK 949.004.0%
+DKK 2.6b		295.7%PS194.8xHealthcare
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