Header cover image

Estonia (OMX) Software Industry Analysis

UpdatedMar 15, 2026
DataAggregated Company Financials
Companies2
  • 7D1.2%
  • 3M6.6%
  • 1Y-31.8%
  • YTD1.0%

Over the last 7 days, the Software industry has risen 1.2%, driven by gains from AS Modera of 3.4%. In contrast, the industry has lost 32% in the last 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Mar 2026€25.1m€17.3m-€1,068,211.00n/a-23.5x1.4x
Tue, 10 Feb 2026€24.4m€18.3m€541.8k21x45x1.3x
Thu, 08 Jan 2026€24.6m€18.3m€541.8k22.5x45.4x1.3x
Sat, 06 Dec 2025€22.5m€18.3m€541.8k20.5x41.5x1.2x
Mon, 03 Nov 2025€25.7m€18.3m€541.8k22.9x47.4x1.4x
Wed, 01 Oct 2025€28.8m€18.3m€541.8k25.9x53.2x1.6x
Fri, 29 Aug 2025€28.2m€18.3m€541.8k25.6x52.1x1.5x
Sun, 27 Jul 2025€28.5m€19.0m€1.6m9.8x17.4x1.5x
Tue, 24 Jun 2025€31.2m€19.0m€1.6m11.5x19x1.6x
Thu, 22 May 2025€32.5m€19.0m€1.6m12x19.8x1.7x
Sat, 19 Apr 2025€31.9m€19.0m€1.6m11.8x19.5x1.7x
Mon, 17 Mar 2025€36.4m€19.8m€2.7m9.5x13.6x1.8x
Wed, 12 Feb 2025€41.1m€20.0m€2.5m10.2x16.2x2.1x
Fri, 10 Jan 2025€42.1m€20.0m€2.5m10.5x16.5x2.1x
Sun, 08 Dec 2024€42.8m€20.0m€2.5m11.1x16.8x2.1x
Tue, 05 Nov 2024€41.1m€20.0m€2.5m10.2x16.1x2.1x
Thu, 03 Oct 2024€43.7m€20.0m€2.5m10.9x17.1x2.2x
Sat, 31 Aug 2024€43.1m€18.9m€2.1m12.5x20.7x2.3x
Mon, 29 Jul 2024€45.9m€18.9m€2.2m13x20.6x2.4x
Wed, 26 Jun 2024€47.0m€18.9m€2.2m13.3x21.2x2.5x
Fri, 24 May 2024€51.7m€18.9m€2.2m14.9x23.2x2.7x
Sun, 21 Apr 2024€50.0m€18.9m€2.2m14.5x22.5x2.6x
Tue, 19 Mar 2024€46.0m€18.7m€2.0m12.8x22.5x2.5x
Thu, 15 Feb 2024€43.6m€17.9m€1.5m14.8x29x2.4x
Sat, 13 Jan 2024€48.5m€17.9m€1.5m16.4x32.3x2.7x
Mon, 11 Dec 2023€46.9m€17.9m€1.5m16.9x31.3x2.6x
Wed, 08 Nov 2023€53.6m€17.9m€1.5m19.6x35.7x3x
Fri, 06 Oct 2023€65.9m€17.9m€1.5m25x43.9x3.7x
Sun, 03 Sep 2023€71.1m€17.2m€1.2m27.2x57.1x4.1x
Tue, 01 Aug 2023€70.7m€17.1m€1.8m22x40.2x4.1x
Thu, 29 Jun 2023€75.3m€17.1m€1.8m22.9x42.8x4.4x
Sat, 27 May 2023€71.8m€17.1m€2.2m23.6x32.9x4.2x
Mon, 24 Apr 2023€66.6m€17.1m€2.2m22x30.5x3.9x
Wed, 22 Mar 2023€68.8m€17.1m€2.2m22.7x31.5x4x
Price to Earnings Ratio

31.5x


Total Market Cap: €68.8mTotal Earnings: €2.2mTotal Revenue: €17.1mTotal 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
  • Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market0.24%
Tech1.16%
Software1.17%
Application Software1.17%
Industry PE
    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
    MODE AS Modera€5.123.4%
    +€333.6k
    42.2%PS2.8x

    Latest News