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Finnish (OMX) Market Analysis & Valuation

UpdatedMar 28, 2026
DataAggregated Company Financials
Companies172
  • 7D-2.0%
  • 3M0.7%
  • 1Y20.4%
  • YTD-1.1%

Over the last 7 days, the market has dropped 2.0%, driven by a decline of 4.6% in the Financials sector. Meanwhile, the Materials sector has outperformed, gaining 3.1% in that time. As for the longer term, the market has actually risen by 20% in the last year. Earnings are forecast to grow by 13% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Mar 2026€320.6b€196.2b€15.2b18.7x21.1x1.6x
Mon, 23 Feb 2026€341.3b€196.6b€15.1b19.6x22.6x1.7x
Wed, 21 Jan 2026€325.1b€197.7b€13.4b19.5x24.2x1.6x
Fri, 19 Dec 2025€315.4b€197.3b€13.4b18.8x23.6x1.6x
Sun, 16 Nov 2025€308.9b€197.1b€13.4b19x23.1x1.6x
Tue, 14 Oct 2025€289.5b€197.6b€13.3b19.8x21.8x1.5x
Thu, 11 Sep 2025€288.0b€196.1b€13.2b20.6x21.8x1.5x
Sat, 09 Aug 2025€281.9b€196.5b€13.3b20.8x21.2x1.4x
Mon, 07 Jul 2025€276.9b€196.1b€13.5b20.6x20.5x1.4x
Wed, 04 Jun 2025€272.0b€196.1b€13.5b19.4x20.1x1.4x
Fri, 02 May 2025€261.6b€196.0b€13.7b20x19.2x1.3x
Sun, 30 Mar 2025€264.6b€195.1b€14.6b19.7x18.1x1.4x
Tue, 25 Feb 2025€270.9b€195.4b€14.6b19.3x18.5x1.4x
Thu, 23 Jan 2025€256.2b€199.2b€14.7b18.1x17.4x1.3x
Sat, 21 Dec 2024€243.7b€199.2b€14.7b17.4x16.5x1.2x
Mon, 18 Nov 2024€253.3b€199.8b€14.7b18x17.2x1.3x
Wed, 16 Oct 2024€263.6b€200.0b€14.6b18.4x18x1.3x
Fri, 13 Sep 2024€219.0b€188.2b€9.6b18.1x22.9x1.2x
Sun, 11 Aug 2024€216.8b€188.4b€9.9b18x22x1.2x
Tue, 09 Jul 2024€220.9b€188.2b€9.9b18.6x22.2x1.2x
Thu, 06 Jun 2024€228.3b€190.9b€10.0b18.4x22.9x1.2x
Sat, 04 May 2024€222.4b€190.9b€10.0b17.6x22.3x1.2x
Mon, 01 Apr 2024€220.0b€195.5b€10.2b17.2x21.5x1.1x
Wed, 28 Feb 2024€221.4b€195.0b€10.2b18x21.8x1.1x
Fri, 26 Jan 2024€229.0b€200.9b€9.7b18.8x23.7x1.1x
Sun, 24 Dec 2023€228.6b€202.7b€12.9b19x17.8x1.1x
Tue, 21 Nov 2023€221.4b€202.6b€12.9b18.2x17.2x1.1x
Thu, 19 Oct 2023€210.5b€208.4b€12.7b18.1x16.6x1x
Sat, 16 Sep 2023€226.8b€209.1b€12.8b18.8x17.7x1.1x
Mon, 14 Aug 2023€222.1b€209.0b€12.9b19.2x17.3x1.1x
Wed, 12 Jul 2023€228.8b€210.9b€17.3b18.3x13.2x1.1x
Fri, 09 Jun 2023€239.5b€210.7b€17.3b19.2x13.9x1.1x
Sun, 07 May 2023€249.7b€211.4b€17.3b19.6x14.5x1.2x
Tue, 04 Apr 2023€249.8b€208.7b€16.9b19x14.8x1.2x
Price to Earnings Ratio

14.8x


Total Market Cap: €249.8bTotal Earnings: €16.9bTotal Revenue: €208.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 19.6x202420252026
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 19.6x.
Past Earnings Growth
  • The earnings for companies in the Finnish industry have declined 3.5% per year over the last three years.
  • Revenues have also declined 2.0% 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-2.01%
Materials3.13%
Consumer Discretionary0.59%
Industrials0.28%
Consumer Staples-0.64%
Tech-0.90%
Telecom-1.30%
Healthcare-2.56%
Utilities-4.00%
Financials-4.59%
Real Estate-8.51%
Energy-8.65%
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 27.8% and investors are willing to pay a premium for that growth.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 16.5x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 33% 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€25.892.9%
+€379.7m		2.5%PE28.4xMaterials
METSO Metso Oyj€14.463.0%
+€347.7m		46.5%PE24.8xIndustrials
KNEBV KONE Oyj€55.020.8%
+€238.4m		6.6%PE29.1xIndustrials
STERV Stora Enso Oyj€9.852.8%
+€214.5m		8.3%PE11.2xMaterials
KEMIRA Kemira Oyj€19.435.8%
+€154.2m		-5.2%PE15.9xMaterials
See more

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