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Danish (OMX) Market Analysis & Valuation

UpdatedSep 28, 2024
DataAggregated Company Financials
Companies146
  • 7D-3.7%
  • 3M-11.8%
  • 1Y19.0%
  • YTD11.5%

Over the last 7 days, the market has dropped 3.7%, driven by a loss of 5.9% in the Healthcare sector. Meanwhile, the Materials sector has outperformed, gaining 3.7% in that time. In contrast to the last week, the market is actually up 19% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Sep 2024DKK 6.1tDKK 1.7tDKK 180.0b15.9x34.1x3.5x
Mon, 26 Aug 2024DKK 6.6tDKK 1.7tDKK 180.7b15.4x36.6x3.8x
Wed, 24 Jul 2024DKK 6.6tDKK 1.7tDKK 186.2b15.3x35.7x3.9x
Fri, 21 Jun 2024DKK 7.0tDKK 1.7tDKK 184.8b15.4x37.7x4.1x
Sun, 19 May 2024DKK 6.6tDKK 1.7tDKK 184.7b15.4x35.7x3.9x
Tue, 16 Apr 2024DKK 6.4tDKK 1.7tDKK 193.0b15.6x33.1x3.7x
Thu, 14 Mar 2024DKK 6.6tDKK 1.7tDKK 191.9b13.5x34.2x3.8x
Sat, 10 Feb 2024DKK 6.2tDKK 1.7tDKK 190.5b13.9x32.5x3.6x
Mon, 08 Jan 2024DKK 5.7tDKK 1.8tDKK 216.7b13.5x26.4x3.2x
Wed, 06 Dec 2023DKK 5.4tDKK 1.8tDKK 217.5b13.5x24.8x3x
Fri, 03 Nov 2023DKK 5.4tDKK 1.9tDKK 276.9b12.5x19.4x2.9x
Sun, 01 Oct 2023DKK 5.3tDKK 1.9tDKK 284.7b13.3x18.4x2.8x
Tue, 29 Aug 2023DKK 5.4tDKK 1.9tDKK 283.0b13.4x19.1x2.9x
Thu, 27 Jul 2023DKK 5.0tDKK 1.9tDKK 321.8b13.4x15.5x2.6x
Sat, 24 Jun 2023DKK 5.0tDKK 1.9tDKK 322.6b13.5x15.6x2.6x
Mon, 22 May 2023DKK 5.3tDKK 1.9tDKK 324.9b14.6x16.2x2.7x
Wed, 19 Apr 2023DKK 5.1tDKK 1.9tDKK 342.9b15x15x2.7x
Fri, 17 Mar 2023DKK 4.7tDKK 1.9tDKK 348.0b13.7x13.4x2.4x
Sun, 12 Feb 2023DKK 4.7tDKK 1.9tDKK 347.2b13.5x13.6x2.5x
Tue, 10 Jan 2023DKK 4.7tDKK 1.9tDKK 357.2b13.6x13.1x2.4x
Thu, 08 Dec 2022DKK 4.5tDKK 1.9tDKK 362.7b13.9x12.4x2.3x
Sat, 05 Nov 2022DKK 4.3tDKK 1.9tDKK 370.0b13.7x11.5x2.2x
Mon, 03 Oct 2022DKK 4.0tDKK 1.9tDKK 347.6b12.7x11.5x2.1x
Wed, 31 Aug 2022DKK 4.5tDKK 1.9tDKK 343.4b13.5x13x2.3x
Fri, 29 Jul 2022DKK 4.6tDKK 1.8tDKK 304.9b12.3x15.2x2.6x
Sun, 26 Jun 2022DKK 4.4tDKK 1.7tDKK 298.9b12.4x14.7x2.5x
Tue, 24 May 2022DKK 4.5tDKK 1.7tDKK 296.4b13.3x15x2.6x
Thu, 21 Apr 2022DKK 4.8tDKK 1.6tDKK 265.0b14.4x18x3x
Sat, 19 Mar 2022DKK 4.7tDKK 1.6tDKK 262.6b14.5x17.9x2.9x
Mon, 14 Feb 2022DKK 4.4tDKK 1.6tDKK 256.4b15.3x17.2x2.8x
Wed, 12 Jan 2022DKK 4.6tDKK 1.5tDKK 213.4b17.2x21.6x3.2x
Fri, 10 Dec 2021DKK 4.9tDKK 1.5tDKK 213.2b16.3x23.1x3.4x
Sun, 07 Nov 2021DKK 4.9tDKK 1.4tDKK 210.6b16.6x23.3x3.4x
Tue, 05 Oct 2021DKK 4.5tDKK 1.4tDKK 187.3b15.1x24x3.3x
Price to Earnings Ratio

24x


Total Market Cap: DKK 4.5tTotal Earnings: DKK 187.3bTotal Revenue: DKK 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 21.2x202220232024
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 34.1x which is higher than its 3-year average PE of 21.2x.
Past Earnings Growth
  • The earnings for Danish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 8.5% 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 and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market-3.74%
Materials3.75%
Consumer Staples3.72%
Utilities3.47%
Real Estate1.99%
Industrials0.41%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Financials-0.065%
Tech-1.06%
Telecom-1.09%
Consumer Discretionary-3.14%
Energy-3.24%
Healthcare-5.91%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 41.5x.
    • 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 23% 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
NSIS B NovonesisDKK 476.803.8%
+DKK 8.1b		67.5%PE105xMaterials
DSV DSVDKK 1.40k2.3%
+DKK 6.5b		5.8%PE26.9xIndustrials
ORSTED ØrstedDKK 450.103.5%
+DKK 6.3b		16.9%PS2.6xUtilities
CARL B CarlsbergDKK 818.805.9%
+DKK 6.0b		-8.1%PE15.9xConsumer Staples
ROCK B RockwoolDKK 3.16k3.6%
+DKK 2.3b		84.6%PE19.2xIndustrials
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Market Insights

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🎢 Another Eventful 3 Months - The Sectors That Excelled In Q3

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It’s the end of another quarter, and it’s been an eventful one, too. In fact, we’ve had a bit of everything during the quarter: Increased volatility...

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🌍 Global Diversification And Home Country Bias
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FLS

DKK 373.60

FLSmidth

7D

11.1%

1Y

17.0%

COLO B

DKK 879.60

Coloplast

7D

-2.3%

1Y

17.7%

VWS

DKK 150.40

Vestas Wind Systems

7D

-5.4%

1Y

-0.8%

NOVO B

DKK 796.50

Novo Nordisk

7D

-6.3%

1Y

23.7%

MAERSK B

DKK 10,825.00

A.P. Møller - Mærsk

7D

1.0%

1Y

-15.0%

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Sep 20
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DSV

DKK 1,395.00

DSV

7D

2.3%

1Y

5.8%

GMAB

DKK 1,622.00

Genmab

7D

-5.4%

1Y

-35.3%

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Sep 19
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PNDORA

DKK 1,099.50

Pandora

7D

-4.0%

1Y

50.3%

Is Now An Opportune Moment To Examine Pandora A/S (CPH:PNDORA)?

Sep 16
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NSIS B

DKK 476.80

Novonesis

7D

3.8%

1Y

67.5%

ORSTED

DKK 450.10

Ørsted

7D

3.5%

1Y

16.9%

Some Confidence Is Lacking In Ørsted A/S' (CPH:ORSTED) P/S

Sep 08
Some Confidence Is Lacking In Ørsted A/S' (CPH:ORSTED) P/S

ZEAL

DKK 817.00

Zealand Pharma

7D

-8.2%

1Y

167.2%

DANSKE

DKK 202.00

Danske Bank

7D

-1.7%

1Y

22.9%

ALK B

DKK 171.60

ALK-Abelló

7D

-5.7%

1Y

116.0%

ROCK B

DKK 3,162.00

Rockwool

7D

3.6%

1Y

84.6%

There's Reason For Concern Over Rockwool A/S' (CPH:ROCK B) Price

Aug 29
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CARL B

DKK 818.80

Carlsberg

7D

5.9%

1Y

-8.1%

TRYG

DKK 159.50

Tryg

7D

1.5%

1Y

23.3%

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Aug 16
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