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Finnish (OMX) Market Analysis & Valuation

UpdatedSep 18, 2025
DataAggregated Company Financials
Companies170
  • 7D0.05%
  • 3M5.6%
  • 1Y10.6%
  • YTD14.1%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. As for the longer term, the market has risen 11% in the past 12 months. 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
Fri, 19 Sep 2025€288.3b€196.1b€13.2b20.4x21.8x1.5x
Sun, 17 Aug 2025€282.7b€196.0b€13.2b20.3x21.5x1.4x
Tue, 15 Jul 2025€278.8b€196.1b€13.5b20.3x20.7x1.4x
Thu, 12 Jun 2025€276.1b€196.1b€13.5b20.2x20.4x1.4x
Sat, 10 May 2025€265.8b€196.1b€13.6b19.9x19.6x1.4x
Mon, 07 Apr 2025€244.8b€195.1b€14.6b18.1x16.8x1.3x
Wed, 05 Mar 2025€269.0b€195.5b€14.6b19.9x18.4x1.4x
Fri, 31 Jan 2025€259.9b€199.2b€14.7b18.3x17.6x1.3x
Sun, 29 Dec 2024€247.5b€199.2b€14.7b17.8x16.8x1.2x
Tue, 26 Nov 2024€251.4b€200.2b€14.7b17.9x17x1.3x
Thu, 24 Oct 2024€263.7b€199.3b€14.5b18.3x18.2x1.3x
Sat, 21 Sep 2024€224.0b€188.3b€9.6b18.5x23.4x1.2x
Mon, 19 Aug 2024€221.7b€188.6b€9.5b18.8x23.2x1.2x
Wed, 17 Jul 2024€219.5b€190.3b€10.1b18.1x21.7x1.2x
Fri, 14 Jun 2024€226.8b€191.0b€10.0b18.6x22.7x1.2x
Sun, 12 May 2024€229.1b€190.8b€10.0b18x22.9x1.2x
Tue, 09 Apr 2024€223.9b€195.5b€10.2b17.7x21.9x1.1x
Thu, 07 Mar 2024€216.5b€195.0b€10.2b17.1x21.3x1.1x
Sat, 03 Feb 2024€226.9b€200.3b€9.4b19x24.1x1.1x
Mon, 01 Jan 2024€228.5b€202.7b€12.9b18.9x17.8x1.1x
Wed, 29 Nov 2023€220.8b€202.6b€12.9b18.1x17.1x1.1x
Fri, 27 Oct 2023€206.4b€205.1b€11.4b17.3x18.1x1x
Sun, 24 Sep 2023€222.3b€208.3b€12.8b18.9x17.3x1.1x
Tue, 22 Aug 2023€217.8b€209.1b€12.9b18.9x16.9x1x
Thu, 20 Jul 2023€234.9b€210.8b€17.3b18.2x13.6x1.1x
Sat, 17 Jun 2023€242.9b€210.8b€17.3b19.4x14x1.2x
Mon, 15 May 2023€245.9b€211.2b€17.3b19x14.2x1.2x
Wed, 12 Apr 2023€252.0b€208.8b€16.9b19.2x14.9x1.2x
Fri, 10 Mar 2023€255.4b€208.7b€16.9b19.9x15.2x1.2x
Sun, 05 Feb 2023€261.9b€312.0b€16.5b17.1x15.9x0.8x
Tue, 03 Jan 2023€256.7b€310.0b€14.1b16.1x18.2x0.8x
Thu, 01 Dec 2022€258.7b€309.6b€14.1b15.6x18.4x0.8x
Sat, 29 Oct 2022€228.3b€194.7b€15.5b16.1x14.7x1.2x
Mon, 26 Sep 2022€219.6b€186.3b€15.5b14.8x14.2x1.2x
Price to Earnings Ratio

14.2x


Total Market Cap: €219.6bTotal Earnings: €15.5bTotal Revenue: €186.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.5x202320242025
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 21.8x which is higher than its 3-year average PE of 18.5x.
Past Earnings Growth
  • The earnings for Finnish listed companies have declined 5.3% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Finnish Market?

FI Market0.048%
Energy2.72%
Consumer Discretionary2.36%
Utilities1.98%
Tech1.10%
Materials0.92%
Financials0.0072%
Telecom-0.29%
Healthcare-0.78%
Industrials-1.09%
Real Estate-1.62%
Consumer Staples-2.51%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 131x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 39.8% which is higher than its past year's earnings decline of 9.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 64% over the next 5 years.
  • In contrast, the Utilities 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
NOKIA Nokia Oyj€4.033.1%
+€656.8m		5.7%PE24.1xTech
METSO Metso Oyj€12.292.6%
+€260.7m		37.7%PE22.8xIndustrials
FORTUM Fortum Oyj€15.341.6%
+€215.3m		8.9%PE14.6xUtilities
SSH1V SSH Communications Security Oyj€4.0877.4%
+€72.9m		229.0%PS7.3xTech
NDA FI Nordea Bank Abp€13.650.1%
+€54.5m		27.9%PB1.5xFinancials
See more

Market Insights

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🥇 Gold Breaks Records While Oil Sinks: Commodities 2025 in Contrast
Richard Bowman avatar
Richard Bowman
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It’s been a while since we checked in on commodity markets, which, like other markets, are having quite the interesting year. In particular, gold continues its march upward, while oil remains in a slump. As for the rest, most have been up and down and ended up close to where they were a year ago. By the end, you’ll see why gold stocks still look cheap despite these record prices — and why oil stocks, oddly enough, look expensive even as crude declines.
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🥇 Gold Breaks Records While Oil Sinks: Commodities 2025 in Contrast
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2.6%
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77.4%
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€13.65
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0.1%
1Y
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1.6%
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€65.60
Orion Oyj
7D
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1Y
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€11.26
Oma Säästöpankki Oyj
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10.6%
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