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Danish (OMX) Market Analysis & Valuation

UpdatedNov 15, 2024
DataAggregated Company Financials
Companies145
  • 7D1.5%
  • 3M-12.0%
  • 1Y11.5%
  • YTD5.8%

The market is up 1.5% over the last week, with the Healthcare sector leading the way, up 2.7%. Meanwhile, the Materials sector has underperformed, shrinking 3.8% in that time. As for the past 12 months, the market is up 12%. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 Nov 2024DKK 5.9tDKK 1.8tDKK 235.9b14.4x24.8x3.2x
Sun, 13 Oct 2024DKK 6.3tDKK 1.7tDKK 181.0b15.4x34.6x3.6x
Tue, 10 Sep 2024DKK 6.5tDKK 1.7tDKK 180.2b15.1x36x3.7x
Thu, 08 Aug 2024DKK 6.2tDKK 1.7tDKK 185.5b15.2x33.4x3.6x
Sat, 06 Jul 2024DKK 6.9tDKK 1.7tDKK 184.5b15.4x37.3x4x
Mon, 03 Jun 2024DKK 6.7tDKK 1.7tDKK 184.5b15.3x36.3x3.9x
Wed, 01 May 2024DKK 6.5tDKK 1.7tDKK 191.4b14.9x33.8x3.8x
Fri, 29 Mar 2024DKK 6.4tDKK 1.7tDKK 192.4b14.8x33.5x3.8x
Sun, 25 Feb 2024DKK 6.3tDKK 1.7tDKK 191.5b13x32.8x3.7x
Tue, 23 Jan 2024DKK 5.7tDKK 1.8tDKK 217.0b13.5x26.3x3.2x
Thu, 21 Dec 2023DKK 5.5tDKK 1.8tDKK 216.5b13.4x25.4x3.1x
Sat, 18 Nov 2023DKK 5.4tDKK 1.8tDKK 217.1b12.7x24.8x3x
Mon, 16 Oct 2023DKK 5.5tDKK 1.9tDKK 285.8b13x19.3x2.9x
Wed, 13 Sep 2023DKK 5.0tDKK 1.9tDKK 282.8b13.4x17.9x2.7x
Fri, 11 Aug 2023DKK 5.3tDKK 1.9tDKK 273.9b13.4x19.5x2.9x
Sun, 09 Jul 2023DKK 5.0tDKK 1.9tDKK 321.4b13.8x15.5x2.6x
Tue, 06 Jun 2023DKK 5.1tDKK 1.9tDKK 325.7b14.5x15.6x2.6x
Thu, 04 May 2023DKK 5.1tDKK 1.9tDKK 336.9b13.9x15.3x2.7x
Sat, 01 Apr 2023DKK 4.9tDKK 1.9tDKK 345.1b14.6x14.3x2.6x
Mon, 27 Feb 2023DKK 4.8tDKK 1.9tDKK 350.8b13.7x13.6x2.5x
Wed, 25 Jan 2023DKK 4.6tDKK 1.9tDKK 354.6b13.7x13.1x2.5x
Fri, 23 Dec 2022DKK 4.5tDKK 1.9tDKK 360.6b13.7x12.6x2.4x
Sun, 20 Nov 2022DKK 4.3tDKK 1.9tDKK 366.1b13.7x11.7x2.2x
Tue, 18 Oct 2022DKK 4.1tDKK 1.9tDKK 348.0b13.2x11.9x2.2x
Thu, 15 Sep 2022DKK 4.4tDKK 1.9tDKK 343.8b13.6x12.7x2.3x
Sat, 13 Aug 2022DKK 4.6tDKK 1.9tDKK 337.0b13x13.6x2.4x
Mon, 11 Jul 2022DKK 4.5tDKK 1.8tDKK 304.8b11.6x14.7x2.5x
Wed, 08 Jun 2022DKK 4.6tDKK 1.7tDKK 296.5b13.3x15.6x2.7x
Fri, 06 May 2022DKK 4.6tDKK 1.7tDKK 300.2b14.3x15.4x2.7x
Sun, 03 Apr 2022DKK 4.7tDKK 1.6tDKK 263.1b14.2x17.9x2.9x
Tue, 01 Mar 2022DKK 4.5tDKK 1.6tDKK 257.7b14.1x17.5x2.8x
Thu, 27 Jan 2022DKK 4.4tDKK 1.5tDKK 214.3b16.1x20.4x3x
Sat, 25 Dec 2021DKK 4.9tDKK 1.5tDKK 213.7b17.1x22.8x3.3x
Mon, 22 Nov 2021DKK 5.0tDKK 1.5tDKK 212.9b16.3x23.4x3.4x
Price to Earnings Ratio

23.4x


Total Market Cap: DKK 5.0tTotal Earnings: DKK 212.9bTotal Revenue: DKK 1.5tTotal 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 24.8x which is higher than its 3-year average PE of 21.5x.
Past Earnings Growth
  • The earnings for Danish listed companies have grown 3.5% per year over the last three years.
  • Revenues for these companies have grown 7.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market1.53%
Tech5.20%
Consumer Discretionary3.69%
Healthcare2.74%
Utilities1.41%
Telecom0.47%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Industrials-0.66%
Energy-1.51%
Financials-1.55%
Consumer Staples-2.17%
Real Estate-2.76%
Materials-3.83%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 44.4x.
    • 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 Tech sector, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 5.9% per year.
  • 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
NOVO B Novo NordiskDKK 751.302.9%
+DKK 94.4b		10.7%PE35.1xHealthcare
MAERSK B A.P. Møller - MærskDKK 11.78k3.9%
+DKK 6.9b		14.5%PE7.3xIndustrials
GUBRA GubraDKK 686.0061.4%
+DKK 4.3b		480.3%PS50xHealthcare
PNDORA PandoraDKK 1.10k4.1%
+DKK 3.4b		20.7%PE17.8xConsumer Discretionary
ALK B ALK-AbellóDKK 169.209.3%
+DKK 3.2b		83.9%PE54.2xHealthcare
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NKT

DKK 573.00

NKT

7D

-6.8%

1Y

46.1%

DSV

DKK 1,463.00

DSV

7D

-1.1%

1Y

36.1%

ORSTED

DKK 380.00

Ørsted

7D

1.4%

1Y

25.0%

PNDORA

DKK 1,097.00

Pandora

7D

4.1%

1Y

20.7%

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DKK 751.30

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7D

2.9%

1Y

10.7%

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VWS

DKK 100.20

Vestas Wind Systems

7D

-6.8%

1Y

-42.3%

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GMAB

DKK 1,518.00

Genmab

7D

-4.5%

1Y

-30.9%

TRYG

DKK 156.90

Tryg

7D

-1.6%

1Y

10.1%

ALK B

DKK 169.20

ALK-Abelló

7D

9.3%

1Y

83.9%

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CARL B

DKK 720.00

Carlsberg

7D

-3.0%

1Y

-14.3%

DANSKE

DKK 204.80

Danske Bank

7D

-2.1%

1Y

18.0%

NSIS B

DKK 407.10

Novonesis

7D

-4.0%

1Y

15.1%

MAERSK B

DKK 11,780.00

A.P. Møller - Mærsk

7D

3.9%

1Y

14.5%

DEMANT

DKK 266.60

Demant

7D

4.5%

1Y

-3.0%

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DKK 3,132.00

Rockwool

7D

3.0%

1Y

93.1%

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GUBRA

DKK 686.00

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7D

61.4%

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480.3%