Header cover image

Finnish (OMX) Market Analysis & Valuation

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies173
  • 7D-0.9%
  • 3M9.2%
  • 1Y22.1%
  • YTD2.1%

In the last week, the market has stayed flat, however the Materials sector stood out, gaining 5.3%. As for the longer term, the market has risen 22% in the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Feb 2026€331.2b€196.7b€15.1b19.1x22x1.7x
Wed, 14 Jan 2026€328.2b€197.7b€13.4b19.7x24.5x1.7x
Fri, 12 Dec 2025€314.4b€197.3b€13.4b19x23.5x1.6x
Sun, 09 Nov 2025€305.4b€197.0b€13.4b18.6x22.9x1.5x
Tue, 07 Oct 2025€287.9b€196.1b€13.2b19.9x21.7x1.5x
Thu, 04 Sep 2025€281.4b€196.1b€13.2b20.2x21.3x1.4x
Sat, 02 Aug 2025€275.8b€196.2b€13.2b20.4x20.9x1.4x
Mon, 30 Jun 2025€276.3b€196.1b€13.5b20.6x20.5x1.4x
Wed, 28 May 2025€275.2b€196.1b€13.5b19.4x20.4x1.4x
Fri, 25 Apr 2025€253.5b€195.5b€14.6b18.5x17.4x1.3x
Sun, 23 Mar 2025€271.6b€195.0b€14.6b20x18.6x1.4x
Tue, 18 Feb 2025€270.7b€195.4b€14.6b18.6x18.5x1.4x
Thu, 16 Jan 2025€252.9b€199.2b€14.7b18x17.2x1.3x
Sat, 14 Dec 2024€249.6b€199.2b€14.7b17.7x16.9x1.3x
Mon, 11 Nov 2024€255.3b€199.6b€14.8b18.6x17.3x1.3x
Wed, 09 Oct 2024€228.8b€188.3b€9.6b18.4x23.9x1.2x
Fri, 06 Sep 2024€223.2b€188.3b€9.6b18.7x23.4x1.2x
Sun, 04 Aug 2024€215.4b€188.4b€9.9b17.9x21.8x1.1x
Tue, 02 Jul 2024€221.7b€190.7b€10.0b18.4x22.2x1.2x
Thu, 30 May 2024€227.6b€191.0b€10.0b18.1x22.8x1.2x
Sat, 27 Apr 2024€220.9b€192.4b€10.1b16.9x21.9x1.1x
Mon, 25 Mar 2024€220.2b€195.7b€10.1b17x21.7x1.1x
Wed, 21 Feb 2024€221.6b€195.1b€10.2b18.3x21.6x1.1x
Fri, 19 Jan 2024€225.5b€202.6b€12.9b18.8x17.5x1.1x
Sun, 17 Dec 2023€224.0b€202.6b€12.9b18.6x17.4x1.1x
Tue, 14 Nov 2023€216.4b€202.6b€12.9b17.8x16.8x1.1x
Thu, 12 Oct 2023€217.8b€208.3b€12.8b18.3x17x1x
Sat, 09 Sep 2023€223.6b€209.1b€12.8b18.9x17.4x1.1x
Mon, 07 Aug 2023€222.0b€208.4b€13.3b18.7x16.7x1.1x
Wed, 05 Jul 2023€232.4b€210.8b€17.3b18.5x13.4x1.1x
Fri, 02 Jun 2023€234.8b€210.8b€17.3b18.8x13.6x1.1x
Sun, 30 Apr 2023€248.7b€210.8b€17.1b19.2x14.5x1.2x
Tue, 28 Mar 2023€244.4b€208.7b€16.9b18.8x14.5x1.2x
Thu, 23 Feb 2023€257.6b€314.3b€14.8b19x17.5x0.8x
Price to Earnings Ratio

17.5x


Total Market Cap: €257.6bTotal Earnings: €14.8bTotal Revenue: €314.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 19.4x202420252026
Current Market PE
  • Investors are optimistic on the Finnish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 22.0x which is higher than its 3-year average PE of 19.4x.
Past Earnings Growth
  • The earnings for Finnish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 14% per year.
  • This means that the cost of doing business could be reducing since sales have declined yet profits have remained steady.

Sector Trends

Which sectors have driven the changes within the Finnish Market?

FI Market-0.92%
Materials5.34%
Real Estate2.65%
Consumer Staples2.10%
Telecom0.51%
Industrials-0.095%
Energy-0.57%
Consumer Discretionary-1.03%
Tech-1.24%
Utilities-3.14%
Financials-3.15%
Healthcare-7.71%
Sector PE
  • Investors favour the Energy sector the most for future growth which is trading above its 3-year average PE ratio.
    • This is likely because analysts are expecting annual earnings growth of 39.2% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings decline of 1.9% per year.
  • In contrast, the Financials industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
UPM UPM-Kymmene Oyj€27.567.6%
+€1.0b
-7.3%PE30.3xMaterials
STERV Stora Enso Oyj€11.626.8%
+€579.6m
3.7%PE13.2xMaterials
KNEBV KONE Oyj€60.401.6%
+€507.9m
13.3%PE31.9xIndustrials
TIETO TietoEVRY Oyj€19.5612.1%
+€248.8m
5.3%PE90.4xTech
KESKOB Kesko Oyj€21.522.7%
+€222.9m
19.9%PE21.2xConsumer Staples
See more

Latest News