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Estonia (OMX) Tech Sector Analysis
UpdatedDec 27, 2024
DataAggregated Company Financials
Companies4
- 7D-2.6%
- 3M-4.1%
- 1Y-11.4%
- YTD-11.8%
Over the last 7 days, the Tech industry has dropped 3.3%, driven by a pullback from TextMagic of 4.8%. Overall the industry is down 14% in 12 months.
Sector Valuation and Performance
Has the Estonia Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Dec 2024 | €43.7m | €21.5m | €2.1m | 10.5x | 20.8x | 2x |
| Sun, 24 Nov 2024 | €39.7m | €21.5m | €2.1m | 9.6x | 18.9x | 1.8x |
| Tue, 22 Oct 2024 | €45.4m | €21.5m | €2.1m | 10.9x | 21.6x | 2.1x |
| Thu, 19 Sep 2024 | €45.0m | €21.5m | €2.0m | 11x | 22.6x | 2.1x |
| Sat, 17 Aug 2024 | €46.7m | €20.6m | €1.8m | 12.9x | 25.6x | 2.3x |
| Mon, 15 Jul 2024 | €49.0m | €20.6m | €2.0m | 13.2x | 24.9x | 2.4x |
| Wed, 12 Jun 2024 | €50.1m | €20.6m | €2.0m | 13.8x | 25.4x | 2.4x |
| Fri, 10 May 2024 | €54.1m | €20.6m | €2.0m | 15.1x | 27.5x | 2.6x |
| Sun, 07 Apr 2024 | €50.6m | €20.6m | €2.0m | 13.9x | 25.8x | 2.5x |
| Tue, 05 Mar 2024 | €50.7m | €20.4m | €1.8m | 13.4x | 28.4x | 2.5x |
| Thu, 01 Feb 2024 | €47.5m | €19.7m | €1.0m | 15.1x | 47.1x | 2.4x |
| Sat, 30 Dec 2023 | €50.3m | €19.7m | €1.0m | 16.3x | 49.9x | 2.5x |
| Mon, 27 Nov 2023 | €51.5m | €19.7m | €1.0m | 17.2x | 51.1x | 2.6x |
| Wed, 25 Oct 2023 | €74.1m | €19.7m | €1.0m | 27.1x | 73.6x | 3.8x |
| Fri, 22 Sep 2023 | €70.2m | €19.7m | €1.0m | 24.8x | 69.7x | 3.6x |
| Sun, 20 Aug 2023 | €75.4m | €19.0m | €472.0k | 27.2x | 159.8x | 4x |
| Tue, 18 Jul 2023 | €77.4m | €18.8m | €986.0k | 22x | 78.5x | 4.1x |
| Thu, 15 Jun 2023 | €80.1m | €18.8m | €986.0k | 22.6x | 81.2x | 4.3x |
| Sat, 13 May 2023 | €76.4m | €18.8m | €1.4m | 23.5x | 54.3x | 4.1x |
| Mon, 10 Apr 2023 | €73.6m | €18.0m | €1.4m | 22.6x | 54.2x | 4.1x |
| Wed, 08 Mar 2023 | €76.4m | €17.4m | €3.3m | 13.8x | 23.1x | 4.4x |
| Fri, 03 Feb 2023 | €74.7m | €7.9m | -€1,461,577.00 | n/a | -51.1x | 9.5x |
| Sun, 01 Jan 2023 | €73.7m | €7.9m | -€1,461,577.00 | n/a | -50.4x | 9.4x |
| Tue, 29 Nov 2022 | €73.2m | €7.9m | -€1,461,577.00 | n/a | -50.1x | 9.3x |
| Thu, 27 Oct 2022 | €72.8m | €7.9m | -€1,461,577.00 | n/a | -49.8x | 9.2x |
| Sat, 24 Sep 2022 | €72.4m | €3.3m | -€1,320,577.00 | n/a | -54.8x | 22.3x |
| Mon, 22 Aug 2022 | €74.5m | €2.7m | -€959,139.00 | n/a | -77.7x | 27.7x |
| Wed, 20 Jul 2022 | €72.5m | €1.9m | -€726,863.00 | n/a | -99.7x | 38.9x |
| Fri, 17 Jun 2022 | €71.6m | €1.3m | -€525,489.00 | 88.4x | -136.3x | 55.7x |
| Sun, 15 May 2022 | €79.1m | €76,096.00 | -€593,252.00 | n/a | -133.3x | 1039.5x |
| Tue, 12 Apr 2022 | €83.4m | €84,422.00 | -€276,172.00 | n/a | -302.1x | 988.4x |
| Thu, 10 Mar 2022 | €78.4m | €84,422.00 | -€276,172.00 | n/a | -283.8x | 928.6x |
| Sat, 05 Feb 2022 | €89.4m | €84,422.00 | -€276,172.00 | n/a | -323.6x | 1058.5x |
| Mon, 03 Jan 2022 | €94.8m | €84,422.00 | -€276,172.00 | n/a | -343.4x | 1123.3x |
Price to Earnings Ratio
-343.4x
Current Industry PE
- Investors are pessimistic on the Estonian Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 20.8x which is higher than its 3-year average PE of -26.9x.
- The 3-year average PS ratio of 152x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Information Technology industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 534% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Estonia Tech sector?
| EE Market | 0.11% | |
| Tech | -2.58% | |
| IT | 0% | |
| Communications | 0% | |
| Tech Hardware | 0% | |
| Semiconductors | 0% | |
| Software | -2.56% | |
| Electronic Equipment and Components | -3.02% | |
Industry PE
- Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAGIC TextMagic | €3.80 | 1.3% +€425.0k | -9.5% | PE10.5x | |
| MODE AS Modera | €4.09 | 2.3% +€177.5k | -10.9% | PS2.1x |