Header cover image

Danish (OMX) Market Analysis & Valuation

UpdatedJun 30, 2024
DataAggregated Company Financials
Companies151
  • 7D0.9%
  • 3M8.6%
  • 1Y39.2%
  • YTD26.4%

In the last week, the market has stayed flat, however the Energy sector stood out, gaining 7.9%. Meanwhile, the market is actually up 39% over the past year. Looking forward, 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
Sun, 30 Jun 2024DKK 7.0tDKK 1.7tDKK 184.8b15.8x37.8x4.1x
Tue, 28 May 2024DKK 6.7tDKK 1.7tDKK 184.6b15.4x36.2x3.9x
Thu, 25 Apr 2024DKK 6.4tDKK 1.7tDKK 192.0b14.5x33.2x3.7x
Sat, 23 Mar 2024DKK 6.5tDKK 1.7tDKK 192.3b14.6x33.7x3.8x
Mon, 19 Feb 2024DKK 6.3tDKK 1.7tDKK 190.3b13.8x33.1x3.7x
Wed, 17 Jan 2024DKK 5.7tDKK 1.8tDKK 217.1b13.6x26.5x3.2x
Fri, 15 Dec 2023DKK 5.3tDKK 1.8tDKK 216.2b13.3x24.7x3x
Sun, 12 Nov 2023DKK 5.3tDKK 1.8tDKK 218.1b12.5x24.2x3x
Tue, 10 Oct 2023DKK 5.2tDKK 1.9tDKK 284.7b13.1x18.2x2.7x
Thu, 07 Sep 2023DKK 5.4tDKK 1.9tDKK 284.8b12.7x18.9x2.8x
Sat, 05 Aug 2023DKK 4.9tDKK 1.9tDKK 322.1b13.5x15.3x2.6x
Mon, 03 Jul 2023DKK 5.1tDKK 1.9tDKK 322.2b13.8x15.8x2.6x
Wed, 31 May 2023DKK 5.1tDKK 1.9tDKK 325.4b14.2x15.8x2.6x
Fri, 28 Apr 2023DKK 5.0tDKK 1.9tDKK 343.5b15.3x14.6x2.6x
Sun, 26 Mar 2023DKK 4.8tDKK 1.9tDKK 346.9b14x13.9x2.5x
Tue, 21 Feb 2023DKK 4.8tDKK 1.9tDKK 347.1b14.1x13.9x2.5x
Thu, 19 Jan 2023DKK 4.7tDKK 1.9tDKK 355.9b13.8x13.2x2.5x
Sat, 17 Dec 2022DKK 4.5tDKK 1.9tDKK 360.1b13.2x12.6x2.3x
Mon, 14 Nov 2022DKK 4.3tDKK 1.9tDKK 365.8b14x11.8x2.2x
Wed, 12 Oct 2022DKK 4.1tDKK 1.9tDKK 349.0b12.4x11.6x2.1x
Fri, 09 Sep 2022DKK 4.4tDKK 1.9tDKK 344.5b13.2x12.7x2.3x
Sun, 07 Aug 2022DKK 4.6tDKK 1.8tDKK 341.6b12.7x13.3x2.5x
Tue, 05 Jul 2022DKK 4.4tDKK 1.8tDKK 300.8b11.9x14.6x2.5x
Thu, 02 Jun 2022DKK 4.5tDKK 1.7tDKK 297.1b13.4x15.2x2.6x
Sat, 30 Apr 2022DKK 4.7tDKK 1.7tDKK 270.4b14.6x17.5x2.9x
Mon, 28 Mar 2022DKK 4.5tDKK 1.6tDKK 263.3b14.3x17.1x2.8x
Wed, 23 Feb 2022DKK 4.3tDKK 1.6tDKK 253.2b15x17x2.7x
Fri, 21 Jan 2022DKK 4.6tDKK 1.5tDKK 213.6b17x21.3x3.1x
Sun, 19 Dec 2021DKK 4.9tDKK 1.5tDKK 213.2b16.1x22.9x3.3x
Tue, 16 Nov 2021DKK 5.0tDKK 1.5tDKK 212.0b16.5x23.7x3.5x
Thu, 14 Oct 2021DKK 4.7tDKK 1.4tDKK 187.8b15.8x24.8x3.4x
Sat, 11 Sep 2021DKK 4.8tDKK 1.4tDKK 185.9b16x25.8x3.5x
Mon, 09 Aug 2021DKK 4.8tDKK 1.4tDKK 185.9b15.3x25.9x3.6x
Price to Earnings Ratio

23.9x


Total Market Cap: DKK 4.4tTotal Earnings: DKK 186.0bTotal Revenue: DKK 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 20.2x202220232024
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 37.8x which is higher than its 3-year average PE of 20.2x.
Past Earnings Growth
  • The earnings for Danish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 8.4% 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 Market0.87%
Energy7.85%
Healthcare1.70%
Financials0.34%
Telecom0.093%
Industrials-0.62%
Real Estate-1.55%
Consumer Staples-2.21%
Consumer Discretionary-2.27%
Materials-2.76%
Tech-3.51%
Utilities-5.24%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 37.8x.
    • 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 16.4% 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
NOVO B Novo NordiskDKK 1.01k1.8%
+DKK 78.3b		82.9%PE50xHealthcare
ZEAL Zealand PharmaDKK 892.5016.3%
+DKK 15.2b		264.9%PS183.2xHealthcare
MAERSK B A.P. Møller - MærskDKK 12.11k6.0%
+DKK 10.8b		1.1%PE16xIndustrials
TRMD A TORMDKK 272.007.9%
+DKK 1.9b		65.7%PE5.2xEnergy
ALK B ALK-AbellóDKK 153.105.5%
+DKK 1.8b		105.6%PE61xHealthcare
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 & Enterprise
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

Heading Into Q3 With A Goldilocks Economy

Richard Bowman avatar
Richard Bowman
|
|

5 comments

And just like that, we are into the third quarter and the second half of 2024. Equity markets have done better...

Continue reading

Opportunities And Risks In The Small Cap Universe
Last Week

Opportunities And Risks In The Small Cap Universe

Latest News

COLO B

DKK 836.60

Coloplast

7D

-1.0%

1Y

-1.9%

These 4 Measures Indicate That Coloplast (CPH:COLO B) Is Using Debt Reasonably Well

Jun 29
These 4 Measures Indicate That Coloplast (CPH:COLO B) Is Using Debt Reasonably Well

ZEAL

DKK 892.50

Zealand Pharma

7D

16.3%

1Y

264.9%

GMAB

DKK 1,745.00

Genmab

7D

-3.4%

1Y

-32.4%

ROCK B

DKK 2,826.00

Rockwool

7D

2.5%

1Y

60.3%

DANSKE

DKK 207.50

Danske Bank

7D

1.1%

1Y

25.0%

MAERSK B

DKK 12,105.00

A.P. Møller - Mærsk

7D

6.0%

1Y

1.1%

ALK B

DKK 153.10

ALK-Abelló

7D

5.5%

1Y

105.6%

Is ALK-Abelló (CPH:ALK B) Using Too Much Debt?

Jun 25
Is ALK-Abelló (CPH:ALK B) Using Too Much Debt?

CARL B

DKK 835.60

Carlsberg

7D

-2.7%

1Y

-23.4%

Estimating The Intrinsic Value Of Carlsberg A/S (CPH:CARL B)

Jun 24
Estimating The Intrinsic Value Of Carlsberg A/S (CPH:CARL B)

DSV

DKK 1,067.00

DSV

7D

0.8%

1Y

-25.5%

Are Investors Undervaluing DSV A/S (CPH:DSV) By 40%?

Jun 20
Are Investors Undervaluing DSV A/S (CPH:DSV) By 40%?

ISS

DKK 119.40

ISS

7D

-6.5%

1Y

-17.2%

Is It Time To Consider Buying ISS A/S (CPH:ISS)?

Jun 20
Is It Time To Consider Buying ISS A/S (CPH:ISS)?

ORSTED

DKK 370.60

Ørsted

7D

-5.2%

1Y

-42.5%

VWS

DKK 161.25

Vestas Wind Systems

7D

-9.3%

1Y

-11.1%

Vestas Wind Systems A/S' (CPH:VWS) Intrinsic Value Is Potentially 65% Above Its Share Price

Jun 16
Vestas Wind Systems A/S' (CPH:VWS) Intrinsic Value Is Potentially 65% Above Its Share Price

GN

DKK 194.10

GN Store Nord

7D

-5.2%

1Y

14.0%

TRMD A

DKK 272.00

TORM

7D

7.9%

1Y

65.7%

Benign Growth For TORM plc (CPH:TRMD A) Underpins Its Share Price

Jun 11
Benign Growth For TORM plc (CPH:TRMD A) Underpins Its Share Price

NOVO B

DKK 1,005.60

Novo Nordisk

7D

1.8%

1Y

82.9%

A Look At The Fair Value Of Novo Nordisk A/S (CPH:NOVO B)

Jun 09
A Look At The Fair Value Of Novo Nordisk A/S (CPH:NOVO B)

NSIS B

DKK 426.10

Novozymes

7D

-2.7%

1Y

34.0%