Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Danish (OMX) Market Analysis & Valuation

UpdatedOct 31, 2024
DataAggregated Company Financials
Companies146
  • 7D-2.8%
  • 3M-10.8%
  • 1Y14.3%
  • YTD7.6%

Over the last 7 days, the market has dropped 2.8%, driven by a decline of 3.0% in the Healthcare sector. In contrast to the last week, the market is actually up 14% over the past year. 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
Thu, 31 Oct 2024DKK 6.0tDKK 1.8tDKK 185.7b14.7x32.1x3.4x
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
Price to Earnings Ratio

23.3x


Total Market Cap: DKK 4.9tTotal Earnings: DKK 210.6bTotal Revenue: DKK 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 21.5x202220232024
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 32.1x which is higher than its 3-year average PE of 21.5x.
Past Earnings Growth
  • The earnings for Danish listed companies have declined 4.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.7% 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, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market-2.80%
Consumer Discretionary2.38%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Industrials-1.12%
Telecom-2.59%
Financials-2.79%
Healthcare-3.05%
Consumer Staples-3.65%
Tech-3.83%
Materials-3.95%
Real Estate-4.73%
Utilities-5.64%
Energy-6.51%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 43.6x.
    • 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 62% over the next 5 years.
  • In contrast, the Telecom sector is expected to see its earnings decline by 26% 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
PNDORA PandoraDKK 1.06k3.0%
+DKK 2.4b		29.6%PE17.3xConsumer Discretionary
VWS Vestas Wind SystemsDKK 129.551.2%
+DKK 1.6b		-15.1%PS1.2xIndustrials
NKT NKTDKK 654.004.2%
+DKK 1.4b		88.0%PE28.4xIndustrials
TRYG TrygDKK 162.000.6%
+DKK 615.4m		16.0%PE19.6xFinancials
GUBRA GubraDKK 448.007.2%
+DKK 489.2m		307.3%PS32.6xHealthcare
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 & EnterpriseWhat's New
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

Evaluating REITs For Long-Term Returns

Richard Bowman avatar
Richard Bowman
|
|

5 comments

This week, we’re getting a little more technical and having a look at the qualitative factors that investors can consider when evaluating a REIT...

Continue reading

Lower Rates Increases REITs Appeal
Last Week

Lower Rates Increases REITs Appeal

Latest News

CARL B

DKK 751.00

Carlsberg

7D

-4.1%

1Y

-10.4%

DANSKE

DKK 196.05

Danske Bank

7D

-2.8%

1Y

17.2%

JYSK

DKK 470.40

Jyske Bank

7D

-12.0%

1Y

-3.3%

VWS

DKK 129.55

Vestas Wind Systems

7D

1.2%

1Y

-15.1%

Vestas Wind Systems A/S (CPH:VWS) Could Be Riskier Than It Looks

Oct 29
Vestas Wind Systems A/S (CPH:VWS) Could Be Riskier Than It Looks

PNDORA

DKK 1,055.50

Pandora

7D

3.0%

1Y

29.6%

Pandora A/S' (CPH:PNDORA) Intrinsic Value Is Potentially 87% Above Its Share Price

Oct 27
Pandora A/S' (CPH:PNDORA) Intrinsic Value Is Potentially 87% Above Its Share Price

FLS

DKK 364.00

FLSmidth

7D

2.3%

1Y

39.1%

At kr.356, Is FLSmidth & Co. A/S (CPH:FLS) Worth Looking At Closely?

Oct 26
At kr.356, Is FLSmidth & Co. A/S (CPH:FLS) Worth Looking At Closely?

TRYG

DKK 162.00

Tryg

7D

0.6%

1Y

16.0%

HLUN B

DKK 44.84

H. Lundbeck

7D

0.9%

1Y

20.7%

H. Lundbeck (CPH:HLUN B) Seems To Use Debt Quite Sensibly

Oct 24
H. Lundbeck (CPH:HLUN B) Seems To Use Debt Quite Sensibly

ORSTED

DKK 408.50

Ørsted

7D

-5.6%

1Y

61.8%

MAERSK B

DKK 10,015.00

A.P. Møller - Mærsk

7D

-3.1%

1Y

-15.8%

NSIS B

DKK 431.30

Novonesis

7D

-3.9%

1Y

36.3%

NKT

DKK 654.00

NKT

7D

4.2%

1Y

88.0%

COLO B

DKK 874.80

Coloplast

7D

-3.3%

1Y

16.6%

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

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

NOVO B

DKK 771.50

Novo Nordisk

7D

-3.2%

1Y

12.2%

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

GN

DKK 133.70

GN Store Nord

7D

2.5%

1Y

13.9%

GUBRA

DKK 448.00

Gubra

7D

7.2%

1Y

307.3%