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Estonia (OMX) Software Industry Analysis

UpdatedFeb 15, 2026
DataAggregated Company Financials
Companies2
  • 7D2.4%
  • 3M-1.0%
  • 1Y-37.1%
  • YTD1.7%

The Software is down 1.2% in the last week. Meanwhile, TextMagic actually outperformed within the industry, gaining 5.8% in the last week. The industry has fallen 39% in the last year.

Industry Valuation and Performance

Has the Estonia Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Feb 2026€25.3m€18.3m€541.8k21.7x46.6x1.4x
Tue, 13 Jan 2026€24.1m€18.3m€541.8k21.7x44.5x1.3x
Thu, 11 Dec 2025€23.0m€18.3m€541.8k21.2x42.5x1.3x
Sat, 08 Nov 2025€25.4m€18.3m€541.8k22.4x46.9x1.4x
Mon, 06 Oct 2025€26.8m€18.3m€541.8k24.7x49.5x1.5x
Wed, 03 Sep 2025€28.0m€18.3m€541.8k25.5x51.6x1.5x
Fri, 01 Aug 2025€27.8m€19.0m€1.6m9.5x17x1.5x
Sun, 29 Jun 2025€30.8m€19.0m€1.6m11.3x18.8x1.6x
Tue, 27 May 2025€32.4m€19.0m€1.6m12.1x19.8x1.7x
Thu, 24 Apr 2025€31.0m€19.0m€1.6m11.5x19x1.6x
Sat, 22 Mar 2025€35.8m€19.8m€2.7m9.4x13.4x1.8x
Mon, 17 Feb 2025€41.6m€20.0m€2.5m10.5x16.3x2.1x
Wed, 15 Jan 2025€42.6m€20.0m€2.5m10.6x16.7x2.1x
Fri, 13 Dec 2024€43.0m€20.0m€2.5m10.9x16.9x2.2x
Sun, 10 Nov 2024€40.8m€20.0m€2.5m10.2x16x2x
Tue, 08 Oct 2024€43.8m€20.0m€2.5m11.2x17.2x2.2x
Thu, 05 Sep 2024€44.4m€18.9m€2.1m12.2x21.3x2.3x
Sat, 03 Aug 2024€46.3m€18.9m€2.1m12.9x22.2x2.4x
Mon, 01 Jul 2024€46.9m€18.9m€2.2m13.2x21.1x2.5x
Wed, 29 May 2024€50.7m€18.9m€2.2m13.1x22.8x2.7x
Fri, 26 Apr 2024€47.6m€18.9m€2.2m13.6x21.4x2.5x
Sun, 24 Mar 2024€47.3m€19.0m€2.1m13.3x22.1x2.5x
Tue, 20 Feb 2024€44.3m€17.9m€1.5m15x29.5x2.5x
Thu, 18 Jan 2024€47.8m€17.9m€1.5m16.2x31.8x2.7x
Sat, 16 Dec 2023€48.9m€17.9m€1.5m17.4x32.6x2.7x
Mon, 13 Nov 2023€56.6m€17.9m€1.5m20.9x37.7x3.2x
Wed, 11 Oct 2023€64.4m€17.9m€1.5m27.1x42.9x3.6x
Fri, 08 Sep 2023€72.1m€17.2m€1.2m27.4x57.8x4.2x
Sun, 06 Aug 2023€70.1m€17.1m€1.8m21.7x39.8x4.1x
Tue, 04 Jul 2023€75.3m€17.1m€1.8m22.9x42.8x4.4x
Thu, 01 Jun 2023€71.7m€17.1m€2.2m23.7x32.9x4.2x
Sat, 29 Apr 2023€66.8m€17.1m€2.2m22.3x30.6x3.9x
Mon, 27 Mar 2023€68.5m€17.1m€2.2m22.7x31.4x4x
Wed, 22 Feb 2023€71.6m€16.5m€4.1m13.9x17.3x4.3x
Price to Earnings Ratio

17.3x


Total Market Cap: €71.6mTotal Earnings: €4.1mTotal Revenue: €16.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Estonia Software Industry Price to Earnings3Y Average 30x202420252026
Current Industry PE
    There are only 2 companies in the Estonian Software industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Software industry have declined 49% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.5% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Estonia Tech industry?

EE Market0.62%
Tech1.94%
Software2.41%
Application Software2.41%
Industry PE
  • Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 29.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Application Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 29.6x.
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?

CompanyLast Price7D1YValuation
MAGIC TextMagic€1.803.4%
+€516.6k
-52.6%PE21.7x
MODE AS Modera€4.970.8%
+€78.5k
31.1%PS2.7x

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