TietoEVRY Oyj (HEL:TIETO) Is Increasing Its Dividend To €0.725
Sep 20
Finnish (OMX) Market Analysis & Valuation
UpdatedSep 24, 2023
DataAggregated Company Financials
Companies181
- 7D-2.1%
- 3M-2.4%
- 1Y-3.9%
- YTD-13.2%
Over the last 7 days, the market has dropped 2.1%, driven by losses in the Industrials and Materials sectors of 1.8% and 2.6%, respectively. In the last 12 months the market is down 3.9%. As for the next few years, earnings are expected to grow by 14% per annum.
Trending IndustriesSoftware
Market Valuation and Performance
Has the Finnish Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | €222.3b | €208.3b | €12.8b | 18.9x | 17.3x | 1.1x |
| Tue, 22 Aug 2023 | €217.8b | €209.1b | €12.9b | 18.9x | 16.9x | 1x |
| Thu, 20 Jul 2023 | €234.9b | €210.8b | €17.3b | 18.2x | 13.6x | 1.1x |
| Sat, 17 Jun 2023 | €242.9b | €210.8b | €17.3b | 19.4x | 14x | 1.2x |
| Mon, 15 May 2023 | €245.9b | €211.2b | €17.3b | 19x | 14.2x | 1.2x |
| Wed, 12 Apr 2023 | €252.0b | €208.8b | €16.9b | 19.2x | 14.9x | 1.2x |
| Fri, 10 Mar 2023 | €255.4b | €208.7b | €16.9b | 19.9x | 15.2x | 1.2x |
| Sun, 05 Feb 2023 | €261.9b | €312.0b | €16.5b | 17.1x | 15.9x | 0.8x |
| Tue, 03 Jan 2023 | €256.7b | €310.0b | €14.1b | 16.1x | 18.2x | 0.8x |
| Thu, 01 Dec 2022 | €258.7b | €309.6b | €14.1b | 15.6x | 18.4x | 0.8x |
| Sat, 29 Oct 2022 | €228.3b | €194.7b | €15.5b | 16.1x | 14.7x | 1.2x |
| Mon, 26 Sep 2022 | €219.6b | €186.3b | €15.5b | 14.8x | 14.2x | 1.2x |
| Wed, 24 Aug 2022 | €255.4b | €320.6b | €13.0b | 17.2x | 19.7x | 0.8x |
| Fri, 22 Jul 2022 | €252.2b | €314.3b | €13.1b | 17.4x | 19.2x | 0.8x |
| Sun, 19 Jun 2022 | €244.9b | €313.6b | €13.1b | 16.4x | 18.6x | 0.8x |
| Tue, 17 May 2022 | €256.2b | €313.5b | €13.1b | 17.6x | 19.5x | 0.8x |
| Thu, 14 Apr 2022 | €265.1b | €286.0b | €16.5b | 18.7x | 16.1x | 0.9x |
| Sat, 12 Mar 2022 | €255.3b | €283.4b | €14.7b | 18.7x | 17.4x | 0.9x |
| Mon, 07 Feb 2022 | €285.9b | €249.6b | €12.7b | 23.2x | 22.4x | 1.1x |
| Wed, 05 Jan 2022 | €311.9b | €247.3b | €8.8b | 24.6x | 35.4x | 1.3x |
| Fri, 03 Dec 2021 | €293.6b | €247.0b | €8.8b | 22.6x | 33.4x | 1.2x |
| Sun, 31 Oct 2021 | €298.4b | €236.3b | €9.0b | 23.8x | 33.1x | 1.3x |
| Tue, 28 Sep 2021 | €298.4b | €232.9b | €8.0b | 23.1x | 37.2x | 1.3x |
| Thu, 26 Aug 2021 | €315.1b | €232.6b | €8.0b | 24.8x | 39.4x | 1.4x |
| Fri, 02 Jul 2021 | €296.5b | €232.6b | €8.0b | 23x | 37.1x | 1.3x |
| Mon, 05 Apr 2021 | €273.5b | €223.4b | €6.6b | 23.6x | 41.2x | 1.2x |
| Thu, 07 Jan 2021 | €264.8b | €199.9b | €5.0b | 24.1x | 53.2x | 1.3x |
| Wed, 30 Sep 2020 | €242.2b | €184.1b | €11.4b | 22.3x | 21.3x | 1.3x |
Price to Earnings Ratio
21.3x
Current Market PE
- Investors are pessimistic on the Finnish market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 17.3x which is lower than its 3-year average PE of 26.2x.
Past Earnings Growth
- The earnings for Finnish listed companies have grown 4.1% per year over the last three years.
- Revenues for these companies have grown 4.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Finnish Market?
| FI Market | -2.05% | |
| Telecom | 0.12% | |
| Consumer Staples | -0.31% | |
| Healthcare | -0.56% | |
| Financials | -1.36% | |
| Tech | -1.59% | |
| Industrials | -1.79% | |
| Consumer Discretionary | -2.15% | |
| Energy | -2.37% | |
| Materials | -2.65% | |
| Real Estate | -4.90% | |
| Utilities | -6.75% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 31.7x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 30.4% which is higher than its past year's earnings decline of 34.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 82% over the next 5 years.
- This is better than its past earnings decline of 77% per year.
- In contrast, the Tech sector is expected to see its earnings decline by 3.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| KEMPOWR Kempower Oyj | €49.10 | 6.5% +€165.1m | 188.8% | PE131.1x | Industrials | |
| WRT1V Wärtsilä Oyj Abp | €11.24 | 0.8% +€53.0m | 62.9% | PE60.7x | Industrials | |
| CAV1V Caverion Oyj | €8.57 | 2.0% +€23.3m | 95.7% | PE27.7x | Industrials | |
| PUUILO Puuilo Oyj | €8.05 | 3.3% +€21.9m | 63.2% | PE17.8x | Consumer Discretionary | |
| TTALO Terveystalo Oyj | €7.90 | 2.2% +€21.5m | -6.0% | PE151.5x | Healthcare |
Market Insights
This week we are having a look at the diverse and interesting field of nanotechnology. We’re going to have a look at what it is in the first place, the types of nanotech applications, and how to invest in the space.
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