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Danish (OMX) Market Analysis & Valuation

UpdatedAug 20, 2024
DataAggregated Company Financials
Companies147
  • 7D2.5%
  • 3M-0.8%
  • 1Y27.3%
  • YTD20.3%

The market has climbed 2.5% in the last 7 days, lead by the Healthcare sector with a gain of 2.9%. On the other hand, with a decline of 8.9%, the Utilities sector is lagging behind. The market is up 27% over the last 12 months. As for the next few years, earnings are expected to grow by 14% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Aug 2024DKK 6.6tDKK 1.7tDKK 180.2b17.1x36.8x3.8x
Fri, 19 Jul 2024DKK 6.4tDKK 1.7tDKK 185.3b15.2x34.8x3.8x
Sun, 16 Jun 2024DKK 6.9tDKK 1.7tDKK 184.8b15.3x37.4x4x
Tue, 14 May 2024DKK 6.6tDKK 1.7tDKK 183.8b14.9x35.9x3.9x
Thu, 11 Apr 2024DKK 6.3tDKK 1.7tDKK 192.7b15.1x32.9x3.7x
Sat, 09 Mar 2024DKK 6.6tDKK 1.7tDKK 192.1b13.2x34.2x3.8x
Mon, 05 Feb 2024DKK 6.0tDKK 1.8tDKK 225.0b14.1x26.5x3.3x
Wed, 03 Jan 2024DKK 5.6tDKK 1.8tDKK 216.5b13.6x25.6x3.1x
Fri, 01 Dec 2023DKK 5.4tDKK 1.8tDKK 216.7b13.6x25x3.1x
Sun, 29 Oct 2023DKK 5.1tDKK 1.9tDKK 302.7b12.4x17x2.8x
Tue, 26 Sep 2023DKK 5.2tDKK 1.9tDKK 284.4b13.1x18.3x2.8x
Thu, 24 Aug 2023DKK 5.4tDKK 1.9tDKK 282.3b13x19.1x2.9x
Sat, 22 Jul 2023DKK 5.1tDKK 1.9tDKK 319.6b13.4x16x2.7x
Mon, 19 Jun 2023DKK 5.2tDKK 1.9tDKK 321.9b13.8x16x2.7x
Wed, 17 May 2023DKK 5.3tDKK 1.9tDKK 322.5b14.2x16.3x2.7x
Fri, 14 Apr 2023DKK 5.0tDKK 1.9tDKK 341.1b15.1x14.7x2.6x
Sun, 12 Mar 2023DKK 4.7tDKK 1.9tDKK 347.6b14x13.6x2.5x
Tue, 07 Feb 2023DKK 4.7tDKK 1.9tDKK 357.4b13.8x13.2x2.5x
Thu, 05 Jan 2023DKK 4.7tDKK 1.9tDKK 359.9b13.4x13x2.4x
Sat, 03 Dec 2022DKK 4.5tDKK 1.9tDKK 362.7b13.8x12.5x2.4x
Mon, 31 Oct 2022DKK 4.2tDKK 1.9tDKK 333.8b13.5x12.6x2.2x
Wed, 28 Sep 2022DKK 4.0tDKK 1.9tDKK 352.2b12.4x11.4x2.1x
Fri, 26 Aug 2022DKK 4.6tDKK 1.9tDKK 344.9b14.2x13.5x2.4x
Sun, 24 Jul 2022DKK 4.7tDKK 1.8tDKK 303.5b12.3x15.4x2.6x
Tue, 21 Jun 2022DKK 4.3tDKK 1.7tDKK 299.2b12.6x14.3x2.4x
Thu, 19 May 2022DKK 4.4tDKK 1.7tDKK 299.1b13.8x14.7x2.5x
Sat, 16 Apr 2022DKK 4.7tDKK 1.6tDKK 265.6b14.2x17.7x2.9x
Mon, 14 Mar 2022DKK 4.4tDKK 1.6tDKK 264.1b13.5x16.8x2.8x
Wed, 09 Feb 2022DKK 4.1tDKK 1.5tDKK 220.7b15.5x18.8x2.8x
Fri, 07 Jan 2022DKK 4.7tDKK 1.5tDKK 213.7b17.4x22.1x3.2x
Sun, 05 Dec 2021DKK 4.6tDKK 1.5tDKK 213.0b16.5x21.8x3.2x
Tue, 02 Nov 2021DKK 4.9tDKK 1.4tDKK 190.7b17.4x25.8x3.6x
Thu, 30 Sep 2021DKK 4.6tDKK 1.4tDKK 187.3b15.3x24.6x3.4x
Sat, 28 Aug 2021DKK 4.9tDKK 1.4tDKK 185.9b16.1x26.1x3.6x
Price to Earnings Ratio

26.1x


Total Market Cap: DKK 4.9tTotal Earnings: DKK 185.9bTotal Revenue: DKK 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 20.9x202220232024
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 36.8x which is higher than its 3-year average PE of 20.8x.
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 Market2.48%
Consumer Discretionary5.54%
Tech5.24%
Industrials3.24%
Materials3.03%
Healthcare2.87%
Energy2.43%
Financials2.24%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Telecom-0.64%
Real Estate-0.85%
Consumer Staples-2.03%
Utilities-8.93%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 39.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.4% 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 57% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 22% 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 1.26k2.7%
+DKK 6.7b		-4.0%PE24.2xIndustrials
BAVA Bavarian NordicDKK 267.7034.8%
+DKK 5.4b		80.1%PE21.2xHealthcare
DANSKE Danske BankDKK 205.803.2%
+DKK 5.3b		29.9%PB1xFinancials
NSIS B NovozymesDKK 442.302.3%
+DKK 4.6b		49.1%PE68xMaterials
NKT NKTDKK 645.0010.6%
+DKK 3.3b		73.9%PE28xIndustrials
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Market Insights

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Richard Bowman
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This week we are taking a look at the outlook for copper producers, and how to gain exposure if you agree with this narrative.

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COLO B

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DKK 645.00

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BAVA

DKK 267.70

Bavarian Nordic

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80.1%

VWS

DKK 155.90

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7D

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NOVO B

DKK 908.30

Novo Nordisk

7D

-0.7%

1Y

43.0%

CARL B

DKK 751.00

Carlsberg

7D

-6.6%

1Y

-24.7%

ISS

DKK 122.00

ISS

7D

-2.4%

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0%

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DKK 1,256.00

DSV

7D

2.7%

1Y

-4.0%

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MAERSK B

DKK 10,705.00

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1.0%

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-22.1%

DANSKE

DKK 205.80

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7D

3.2%

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29.9%

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DKK 442.30

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49.1%