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Finnish (OMX) Market Analysis & Valuation

UpdatedMar 04, 2026
DataAggregated Company Financials
Companies173
  • 7D-2.7%
  • 3M7.1%
  • 1Y22.7%
  • YTD2.3%

Over the last 7 days, the market has dropped 2.7%, driven by a decline of 6.0% in the Industrials sector. On the other hand, the Information Technology has risen by 4.7%. In contrast to the last week, the market is actually up 23% over the past year. 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
Thu, 05 Mar 2026€336.8b€196.1b€15.1b19.1x22.2x1.7x
Sat, 31 Jan 2026€327.9b€197.8b€13.3b19.9x24.7x1.7x
Mon, 29 Dec 2025€318.6b€197.3b€13.4b19.1x23.8x1.6x
Wed, 26 Nov 2025€303.4b€197.1b€13.4b18.6x22.7x1.5x
Fri, 24 Oct 2025€304.8b€197.6b€13.2b20.1x23x1.5x
Sun, 21 Sep 2025€286.9b€196.1b€13.2b20x21.7x1.5x
Tue, 19 Aug 2025€281.4b€196.1b€13.2b20.2x21.4x1.4x
Thu, 17 Jul 2025€277.0b€196.1b€13.5b20.3x20.5x1.4x
Sat, 14 Jun 2025€272.3b€196.1b€13.5b20x20.2x1.4x
Mon, 12 May 2025€265.8b€196.2b€13.6b19.9x19.6x1.4x
Wed, 09 Apr 2025€238.8b€195.1b€14.6b17.5x16.3x1.2x
Fri, 07 Mar 2025€276.0b€195.4b€14.6b20.2x18.9x1.4x
Sun, 02 Feb 2025€261.8b€198.8b€15.5b18.3x16.9x1.3x
Tue, 31 Dec 2024€247.4b€199.2b€14.7b18x16.8x1.2x
Thu, 28 Nov 2024€247.9b€199.9b€14.7b17.9x16.8x1.2x
Sat, 26 Oct 2024€263.0b€199.4b€14.2b18.6x18.5x1.3x
Mon, 23 Sep 2024€224.0b€188.3b€9.6b18.5x23.4x1.2x
Wed, 21 Aug 2024€223.2b€188.6b€9.5b18.8x23.4x1.2x
Fri, 19 Jul 2024€219.3b€190.2b€10.1b18x21.7x1.2x
Sun, 16 Jun 2024€222.3b€191.0b€10.0b18.7x22.3x1.2x
Tue, 14 May 2024€229.8b€190.8b€10.0b17.9x23x1.2x
Thu, 11 Apr 2024€224.1b€195.5b€10.2b17.7x21.9x1.1x
Sat, 09 Mar 2024€218.9b€195.0b€10.2b17.2x21.5x1.1x
Mon, 05 Feb 2024€226.9b€200.2b€9.4b19x24.1x1.1x
Wed, 03 Jan 2024€229.6b€202.7b€12.9b19.1x17.8x1.1x
Fri, 01 Dec 2023€222.8b€202.6b€12.9b18.4x17.3x1.1x
Sun, 29 Oct 2023€206.5b€204.0b€11.6b17.2x17.8x1x
Tue, 26 Sep 2023€219.4b€208.3b€12.8b18.7x17.1x1.1x
Thu, 24 Aug 2023€220.1b€209.1b€12.9b19x17.1x1.1x
Sat, 22 Jul 2023€228.2b€210.5b€17.8b18.4x12.8x1.1x
Mon, 19 Jun 2023€242.9b€210.8b€17.3b19.4x14x1.2x
Wed, 17 May 2023€243.0b€211.2b€17.3b18.8x14x1.2x
Fri, 14 Apr 2023€250.8b€208.8b€16.9b19.5x14.8x1.2x
Sun, 12 Mar 2023€252.2b€208.9b€16.9b19.7x15x1.2x
Price to Earnings Ratio

15x


Total Market Cap: €252.2bTotal Earnings: €16.9bTotal Revenue: €208.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 19.5x202420252026
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 19.5x.
Past Earnings Growth
  • The earnings for companies in the Finnish industry have declined 3.4% per year over the last three years.
  • Revenues have also declined 2.1% 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-1.40%
Tech7.81%
Energy5.48%
Utilities-0.23%
Healthcare-0.34%
Telecom-1.12%
Consumer Staples-2.02%
Real Estate-2.35%
Consumer Discretionary-2.59%
Financials-2.74%
Materials-3.10%
Industrials-5.22%
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 38.2% 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 16.6x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 38% over the next 5 years.
  • 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
NOKIA Nokia Oyj€7.039.5%
+€3.4b		48.5%PE62.6xTech
NESTE Neste Oyj€22.535.5%
+€898.9m		153.8%PE120.2xEnergy
TIETO TietoEVRY Oyj€18.663.8%
+€75.7m		0.8%PE85.8xTech
VAIAS Vaisala Oyj€48.104.0%
+€67.1m		0.7%PE29.2xTech
BITTI Bittium Oyj€27.555.0%
+€46.2m		252.3%PE45.9xTech
See more

Market Insights

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Latest News

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TIETO
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Metso Oyj's updated analyst price target edges up from about €15.76 to €17.04 as analysts factor in slightly adjusted growth assumptions, a higher profit margin outlook, and a modestly lower future P/E multiple. Analyst Commentary Recent Street research on Metso Oyj clusters around slightly higher price targets, with JPMorgan lifting its target to €18 from €16 and other firms reporting similar euro level adjustments.
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Nordea Bank Abp
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UPM-Kymmene Oyj
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1Y
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NESTE
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Neste Oyj
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1Y
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Renewable Fuel Mandates And Capacity Expansion Will Support A Stable Long Term Outlook

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Wärtsilä Oyj Abp
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