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Danish (OMX) Market Analysis & Valuation

UpdatedOct 19, 2024
DataAggregated Company Financials
Companies146
  • 7D-0.9%
  • 3M-5.5%
  • 1Y19.7%
  • YTD11.9%

In the last week, the market has been flat, with a notable exception in the Energy sector dropping 5.5%. More promisingly, the market is up 20% over the past year. Earnings are forecast to grow by 14% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 19 Oct 2024DKK 6.2tDKK 1.7tDKK 181.1b15.7x34.2x3.5x
Mon, 16 Sep 2024DKK 6.7tDKK 1.7tDKK 180.1b15.6x37.3x3.9x
Wed, 14 Aug 2024DKK 6.6tDKK 1.7tDKK 181.6b15.9x36.3x3.8x
Fri, 12 Jul 2024DKK 6.9tDKK 1.7tDKK 184.5b15x37.2x4x
Sun, 09 Jun 2024DKK 7.0tDKK 1.7tDKK 184.7b14.8x37.6x4.1x
Tue, 07 May 2024DKK 6.3tDKK 1.7tDKK 183.2b14.6x34.2x3.7x
Thu, 04 Apr 2024DKK 6.4tDKK 1.7tDKK 192.4b15x33.4x3.8x
Sat, 02 Mar 2024DKK 6.3tDKK 1.7tDKK 192.3b13.2x32.8x3.7x
Mon, 29 Jan 2024DKK 5.7tDKK 1.8tDKK 216.8b13.8x26.5x3.2x
Wed, 27 Dec 2023DKK 5.5tDKK 1.8tDKK 216.2b13.4x25.5x3.1x
Fri, 24 Nov 2023DKK 5.4tDKK 1.8tDKK 217.1b13.2x25.1x3.1x
Sun, 22 Oct 2023DKK 5.2tDKK 1.9tDKK 284.9b12.7x18.4x2.8x
Tue, 19 Sep 2023DKK 5.3tDKK 1.9tDKK 283.1b13.4x18.8x2.8x
Thu, 17 Aug 2023DKK 5.3tDKK 1.9tDKK 279.3b13.2x19.1x2.9x
Sat, 15 Jul 2023DKK 5.0tDKK 1.9tDKK 317.8b13.4x15.8x2.6x
Mon, 12 Jun 2023DKK 5.1tDKK 1.9tDKK 325.2b14.3x15.7x2.6x
Wed, 10 May 2023DKK 5.2tDKK 1.9tDKK 313.6b14.2x16.6x2.7x
Fri, 07 Apr 2023DKK 4.9tDKK 1.9tDKK 343.6b14.9x14.2x2.5x
Sun, 05 Mar 2023DKK 4.8tDKK 1.9tDKK 347.9b13.9x13.9x2.5x
Tue, 31 Jan 2023DKK 4.6tDKK 1.9tDKK 354.7b13.6x13x2.4x
Thu, 29 Dec 2022DKK 4.6tDKK 1.9tDKK 360.2b14.1x12.6x2.4x
Sat, 26 Nov 2022DKK 4.4tDKK 1.9tDKK 364.8b13.3x12.1x2.3x
Mon, 24 Oct 2022DKK 4.1tDKK 1.9tDKK 346.7b13.3x11.9x2.1x
Wed, 21 Sep 2022DKK 4.1tDKK 1.9tDKK 343.9b13x11.9x2.1x
Fri, 19 Aug 2022DKK 4.5tDKK 1.9tDKK 339.5b13.4x13.4x2.4x
Sun, 17 Jul 2022DKK 4.5tDKK 1.7tDKK 306.8b12x14.8x2.6x
Tue, 14 Jun 2022DKK 4.3tDKK 1.8tDKK 300.8b12.3x14.4x2.5x
Thu, 12 May 2022DKK 4.3tDKK 1.7tDKK 299.1b13.4x14.4x2.5x
Sat, 09 Apr 2022DKK 4.8tDKK 1.6tDKK 264.7b14.1x18.2x3x
Mon, 07 Mar 2022DKK 4.4tDKK 1.6tDKK 262.9b13.7x16.7x2.7x
Wed, 02 Feb 2022DKK 4.5tDKK 1.5tDKK 214.9b16.4x21.1x3.1x
Fri, 31 Dec 2021DKK 5.0tDKK 1.5tDKK 213.6b17.6x23.2x3.4x
Sun, 28 Nov 2021DKK 4.8tDKK 1.5tDKK 212.8b15.9x22.5x3.3x
Tue, 26 Oct 2021DKK 4.9tDKK 1.4tDKK 187.5b16.9x25.9x3.6x
Price to Earnings Ratio

25.9x


Total Market Cap: DKK 4.9tTotal Earnings: DKK 187.5bTotal Revenue: DKK 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 21.4x202220232024
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 34.2x which is higher than its 3-year average PE of 21.4x.
Past Earnings Growth
  • The earnings for Danish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 8.7% 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-0.92%
Tech2.47%
Consumer Staples1.57%
Financials0.45%
Telecom0.11%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Utilities-0.14%
Industrials-0.17%
Consumer Discretionary-0.94%
Healthcare-1.22%
Materials-2.85%
Real Estate-4.03%
Energy-5.55%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 42.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 30.7%, 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 63% 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
MAERSK B A.P. Møller - MærskDKK 10.53k4.2%
+DKK 6.6b		-7.9%PE22.8xIndustrials
COLO B ColoplastDKK 896.401.9%
+DKK 3.7b		22.9%PE40.6xHealthcare
ZEAL Zealand PharmaDKK 804.004.6%
+DKK 2.5b		171.1%PS155xHealthcare
CARL B CarlsbergDKK 805.601.8%
+DKK 1.9b		-8.0%PE15.7xConsumer Staples
ALK B ALK-AbellóDKK 172.504.2%
+DKK 1.5b		121.2%PE55.3xHealthcare
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Market Insights

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While those with leverage are happy about the latest interest rate cuts, those looking for yield are less so. Lower interest rates mean lower yields...

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💵 Making Sense of the Financial Sector - Part 2
Last Week

💵 Making Sense of the Financial Sector - Part 2

Latest News

COLO B

DKK 896.40

Coloplast

7D

1.9%

1Y

22.9%

Coloplast (CPH:COLO B) Seems To Use Debt Quite Sensibly

Oct 18
Coloplast (CPH:COLO B) Seems To Use Debt Quite Sensibly

CHEMM

DKK 440.00

ChemoMetec

7D

23.2%

1Y

57.3%

HLUN B

DKK 47.50

H. Lundbeck

7D

-2.1%

1Y

28.2%

ROCK B

DKK 3,132.00

Rockwool

7D

2.2%

1Y

104.7%

When Should You Buy Rockwool A/S (CPH:ROCK B)?

Oct 14
When Should You Buy Rockwool A/S (CPH:ROCK B)?

MAERSK B

DKK 10,525.00

A.P. Møller - Mærsk

7D

4.2%

1Y

-7.9%

Is A.P. Møller - Mærsk (CPH:MAERSK B) Using Too Much Debt?

Oct 11
Is A.P. Møller - Mærsk (CPH:MAERSK B) Using Too Much Debt?

NSIS B

DKK 451.80

Novonesis

7D

-2.8%

1Y

59.9%

ZEAL

DKK 804.00

Zealand Pharma

7D

4.6%

1Y

171.1%

ALK B

DKK 172.50

ALK-Abelló

7D

4.2%

1Y

121.2%

Calculating The Fair Value Of ALK-Abelló A/S (CPH:ALK B)

Oct 10
Calculating The Fair Value Of ALK-Abelló A/S (CPH:ALK B)

TRMD A

DKK 204.40

TORM

7D

-5.5%

1Y

1.4%

NOVO B

DKK 807.20

Novo Nordisk

7D

-1.6%

1Y

19.1%

Novo Nordisk A/S' (CPH:NOVO B) P/E Still Appears To Be Reasonable

Oct 09
Novo Nordisk A/S' (CPH:NOVO B) P/E Still Appears To Be Reasonable

DSV

DKK 1,496.50

DSV

7D

-1.0%

1Y

34.2%

VWS

DKK 129.50

Vestas Wind Systems

7D

-4.7%

1Y

-10.4%

ISS

DKK 138.50

ISS

7D

4.9%

1Y

38.8%

Does ISS (CPH:ISS) Have A Healthy Balance Sheet?

Sep 24
Does ISS (CPH:ISS) Have A Healthy Balance Sheet?

GMAB

DKK 1,563.50

Genmab

7D

-2.5%

1Y

-24.2%

The Price Is Right For Genmab A/S (CPH:GMAB)

Sep 19
The Price Is Right For Genmab A/S (CPH:GMAB)

GUBRA

DKK 428.00

Gubra

7D

-11.2%

1Y

350.3%

CARL B

DKK 805.60

Carlsberg

7D

1.8%

1Y

-8.0%