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Finnish (OMX) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies173
  • 7D-0.3%
  • 3M-3.5%
  • 1Y-14.0%
  • YTD-4.8%

Over the last 7 days, the market has remained flat, although notably the Real Estate sector declined by 3.6%. The past year hasn't been profitable, with the market dropping 13%. Looking forward, earnings are forecast to grow by 15% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024€217.3b€195.0b€10.2b17.3x21.4x1.1x
Thu, 15 Feb 2024€217.8b€194.7b€9.2b18.2x23.7x1.1x
Sat, 13 Jan 2024€231.3b€202.7b€12.9b19.1x18x1.1x
Mon, 11 Dec 2023€225.5b€202.6b€12.9b18.3x17.5x1.1x
Wed, 08 Nov 2023€214.8b€203.4b€13.2b17.5x16.3x1.1x
Fri, 06 Oct 2023€211.7b€208.3b€12.8b18.2x16.5x1x
Sun, 03 Sep 2023€226.7b€209.1b€12.9b19.1x17.6x1.1x
Tue, 01 Aug 2023€226.8b€209.1b€16.4b18.4x13.8x1.1x
Thu, 29 Jun 2023€228.5b€210.8b€17.3b18.8x13.2x1.1x
Sat, 27 May 2023€236.7b€210.8b€17.3b19x13.7x1.1x
Mon, 24 Apr 2023€246.8b€209.4b€17.0b18.9x14.5x1.2x
Wed, 22 Mar 2023€245.4b€205.9b€16.7b19.3x14.7x1.2x
Fri, 17 Feb 2023€259.6b€314.6b€15.0b17.4x17.3x0.8x
Sun, 15 Jan 2023€262.0b€310.2b€14.1b16.4x18.6x0.8x
Tue, 13 Dec 2022€258.1b€309.6b€14.1b16x18.4x0.8x
Thu, 10 Nov 2022€242.9b€195.0b€15.2b15.7x15.9x1.2x
Sat, 08 Oct 2022€222.2b€186.3b€15.5b15.2x14.3x1.2x
Mon, 05 Sep 2022€231.8b€186.3b€15.5b16.2x14.9x1.2x
Wed, 03 Aug 2022€253.6b€321.3b€13.4b17.3x18.9x0.8x
Fri, 01 Jul 2022€242.5b€313.7b€13.1b16.3x18.5x0.8x
Sun, 29 May 2022€263.8b€313.6b€13.1b17.7x20.1x0.8x
Tue, 26 Apr 2022€262.7b€286.0b€16.5b18.7x15.9x0.9x
Thu, 24 Mar 2022€264.9b€284.1b€14.7b19.3x18x0.9x
Sat, 19 Feb 2022€277.5b€255.4b€13.9b19.8x20x1.1x
Mon, 17 Jan 2022€302.1b€247.4b€8.8b24x34.3x1.2x
Wed, 15 Dec 2021€295.3b€247.0b€8.8b23x33.6x1.2x
Fri, 12 Nov 2021€303.4b€237.2b€9.7b23.4x31.3x1.3x
Sun, 10 Oct 2021€295.6b€232.9b€8.0b23.5x36.9x1.3x
Tue, 07 Sep 2021€322.2b€232.9b€8.0b25.7x40.2x1.4x
Thu, 05 Aug 2021€315.4b€232.6b€8.0b25.3x39.4x1.4x
Sun, 09 May 2021€285.5b€223.4b€6.6b25.2x43x1.3x
Price to Earnings Ratio

41.2x


Total Market Cap: €273.5bTotal Earnings: €6.6bTotal Revenue: €223.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 23.1x202220232024
Current Market PE
  • Investors are relatively neutral on the Finnish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 23.1x.
Past Earnings Growth
  • The earnings for Finnish listed companies have grown 15% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.4% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits are increasing.

Sector Trends

Which sectors have driven the changes within the Finnish Market?

FI Market-0.29%
Industrials1.71%
Financials0.61%
Consumer Discretionary0.59%
Utilities0.47%
Consumer Staples0.42%
Telecom-1.08%
Energy-1.15%
Materials-1.55%
Healthcare-1.78%
Tech-2.92%
Real Estate-3.34%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 15.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 29.3% which is higher than its past year's earnings decline of 61.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 59% over the next 5 years.
  • However this is lower than its past earnings growth rate of 244% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 16% 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
METSO Metso Oyj€10.586.9%
+€561.9m
14.2%PE16.3xIndustrials
SAMPO Sampo Oyj€40.621.5%
+€293.6m
-4.1%PE19xFinancials
KNEBV KONE Oyj€42.741.3%
+€274.3m
-9.5%PE23.9xIndustrials
CGCBV Cargotec€63.803.1%
+€121.9m
49.2%PE11.8xIndustrials
VALMT Valmet Oyj€25.072.1%
+€98.6m
-15.7%PE12.9xIndustrials
See more
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Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

VALMT

€25.07

Valmet Oyj

7D

2.1%

1Y

-15.7%

YIT

€1.77

YIT Oyj

7D

11.7%

1Y

-28.2%

TIETO

€19.77

TietoEVRY Oyj

7D

-7.6%

1Y

-29.5%

KOJAMO

€10.67

Kojamo Oyj

7D

-3.5%

1Y

-5.2%

ORNBV

€35.31

Orion Oyj

7D

-1.9%

1Y

-19.5%

UPM

€29.20

UPM-Kymmene Oyj

7D

-4.2%

1Y

-6.7%

QTCOM

€77.18

Qt Group Oyj

7D

-4.8%

1Y

17.9%

CGCBV

€63.80

Cargotec

7D

3.1%

1Y

49.2%

METSO

€10.58

Metso Oyj

7D

6.9%

1Y

14.2%

SAMPO

€40.62

Sampo Oyj

7D

1.5%

1Y

-4.1%