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Finnish (OMX) Market Analysis & Valuation

UpdatedNov 05, 2025
DataAggregated Company Financials
Companies172
  • 7D-1.6%
  • 3M10.3%
  • 1Y19.1%
  • YTD21.7%

Over the last 7 days, the market has risen 1.2%, driven by gains of 9.8% in the Information Technology sector. On the other hand, with a decline of 9.5%, the Healthcare sector is lagging behind. In the last year, the market has climbed 20%. Earnings are forecast to grow by 17% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Nov 2025€307.9b€196.4b€13.0b19.2x23.8x1.6x
Fri, 03 Oct 2025€287.8b€196.1b€13.2b19.9x21.8x1.5x
Sun, 31 Aug 2025€281.8b€196.1b€13.2b20.4x21.4x1.4x
Tue, 29 Jul 2025€281.8b€196.3b€13.2b20.8x21.3x1.4x
Thu, 26 Jun 2025€271.8b€196.1b€13.5b20.2x20.1x1.4x
Sat, 24 May 2025€271.8b€196.1b€13.5b19x20.1x1.4x
Mon, 21 Apr 2025€250.1b€195.7b€14.5b18.4x17.2x1.3x
Wed, 19 Mar 2025€278.2b€195.2b€14.6b20x19.1x1.4x
Fri, 14 Feb 2025€268.5b€196.3b€15.0b18.2x17.9x1.4x
Sun, 12 Jan 2025€249.4b€199.2b€14.7b18x16.9x1.3x
Tue, 10 Dec 2024€254.6b€199.2b€14.7b18.2x17.3x1.3x
Thu, 07 Nov 2024€255.4b€199.6b€14.6b18.1x17.5x1.3x
Sat, 05 Oct 2024€232.0b€188.3b€9.6b18.9x24.3x1.2x
Mon, 02 Sep 2024€229.0b€188.2b€9.6b18.8x24x1.2x
Wed, 31 Jul 2024€221.4b€188.4b€9.9b18.2x22.3x1.2x
Fri, 28 Jun 2024€222.6b€191.0b€10.0b18.6x22.3x1.2x
Sun, 26 May 2024€230.9b€190.9b€10.0b18.1x23.1x1.2x
Tue, 23 Apr 2024€220.9b€194.3b€10.4b17.2x21.3x1.1x
Thu, 21 Mar 2024€218.4b€195.0b€10.1b17x21.5x1.1x
Sat, 17 Feb 2024€223.0b€196.6b€10.3b18.8x21.7x1.1x
Mon, 15 Jan 2024€231.3b€202.7b€12.9b19.1x18x1.1x
Wed, 13 Dec 2023€222.4b€202.6b€12.9b17.9x17.3x1.1x
Fri, 10 Nov 2023€218.4b€203.7b€12.9b17.9x16.9x1.1x
Sun, 08 Oct 2023€213.8b€208.3b€12.8b18.3x16.6x1x
Tue, 05 Sep 2023€226.7b€209.1b€12.8b19.1x17.6x1.1x
Thu, 03 Aug 2023€223.1b€209.1b€16.4b18.2x13.6x1.1x
Sat, 01 Jul 2023€230.1b€210.9b€17.3b18.8x13.3x1.1x
Mon, 29 May 2023€236.7b€210.8b€17.3b19x13.7x1.1x
Wed, 26 Apr 2023€246.6b€209.4b€17.0b18.8x14.5x1.2x
Fri, 24 Mar 2023€245.3b€208.9b€16.9b19.1x14.5x1.2x
Sun, 19 Feb 2023€258.4b€314.5b€14.8b18.7x17.4x0.8x
Tue, 17 Jan 2023€262.2b€310.2b€14.1b16.6x18.6x0.8x
Thu, 15 Dec 2022€259.7b€309.6b€14.1b16x18.5x0.8x
Sat, 12 Nov 2022€256.7b€308.6b€14.0b16x18.3x0.8x
Price to Earnings Ratio

18.3x


Total Market Cap: €256.7bTotal Earnings: €14.0bTotal Revenue: €308.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.8x202320242025
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 24.0x which is higher than its 3-year average PE of 18.8x.
Past Earnings Growth
  • The earnings for companies in the Finnish industry have declined 2.6% per year over the last three years.
  • Revenues have also declined 14% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Finnish Market?

FI Market-1.59%
Utilities13.22%
Real Estate5.41%
Financials0.16%
Industrials-0.96%
Materials-1.67%
Consumer Discretionary-1.94%
Healthcare-2.67%
Consumer Staples-4.57%
Telecom-5.38%
Energy-6.95%
Tech-8.30%
Sector PE
  • Investors favour the Real Estate sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 31.4%, which is higher than its past year's earnings growth of 20.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 66% over the next 5 years.
  • In contrast, the Financials sector is expected to see its earnings grow by 2.6% 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
FORTUM Fortum Oyj€20.2113.2%
+€2.1b		47.6%PE21xUtilities
STERV Stora Enso Oyj€10.033.0%
+€227.9m		-2.7%PS0.8xMaterials
CTY1S Citycon Oyj€3.9724.3%
+€142.4m		13.5%PS2.4xReal Estate
NDA FI Nordea Bank Abp€14.740.3%
+€136.1m		35.4%PB1.6xFinancials
WRT1V Wärtsilä Oyj Abp€27.650.7%
+€105.9m		50.2%PE27.1xIndustrials
See more

Market Insights

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🏦 Room to Run: A Look at Where the Financial Sector Could Go
Richard Bowman avatar
Richard Bowman
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The AI capex boom is getting all of the attention, but behind that flurry of spending is an entire corner of the market that many are overlooking: Financials. Three key factors underpin the sector’s medium-term potential: a steepening yield curve, heightened IPO activity, and surging business spending together could boost financial stocks and ETFs higher.
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