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Finnish (OMX) Luxury Industry Analysis

UpdatedMar 23, 2026
DataAggregated Company Financials
Companies3
  • 7D-4.5%
  • 3M-19.7%
  • 1Y-22.3%
  • YTD-20.6%

Over the last 7 days, the Luxury industry has dropped 1.7%, driven by a pullback from Marimekko Oyj of 2.8%. In contrast, Spinnova Oyj has gained 9.6%. The industry has fallen 19% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Finnish Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026€434.5m€200.9m-€17,749,133.0016.8x-24.5x2.2x
Thu, 19 Feb 2026€486.3m€200.9m-€17,749,133.0018.9x-27.4x2.4x
Sat, 17 Jan 2026€556.7m€200.3m-€10,754,133.0021.5x-51.8x2.8x
Mon, 15 Dec 2025€535.5m€201.1m-€10,754,134.0020.6x-49.8x2.7x
Wed, 12 Nov 2025€545.6m€203.4m-€11,002,812.0021x-49.6x2.7x
Fri, 10 Oct 2025€539.7m€200.0m-€12,402,812.0021.9x-43.5x2.7x
Sun, 07 Sep 2025€547.4m€200.0m-€12,402,812.0021.9x-44.1x2.7x
Tue, 05 Aug 2025€562.0m€199.3m€5.2m22.5x107.4x2.8x
Thu, 03 Jul 2025€543.0m€199.3m€5.2m21.7x103.7x2.7x
Sat, 31 May 2025€570.6m€198.5m€4.9m22.8x116.8x2.9x
Mon, 28 Apr 2025€520.1m€196.6m€5.5m20.4x94.8x2.6x
Wed, 26 Mar 2025€562.7m€196.6m€5.5m21.9x102.6x2.9x
Fri, 21 Feb 2025€609.1m€196.6m€5.5m23x111.1x3.1x
Sun, 19 Jan 2025€555.3m€194.7m€2.9m21.8x191.2x2.9x
Tue, 17 Dec 2024€532.9m€194.7m€2.5m20.8x211.7x2.7x
Thu, 14 Nov 2024€535.8m€194.7m€2.5m20.3x212.9x2.8x
Sat, 12 Oct 2024€602.5m€195.3m€4.4m20.9x136x3.1x
Mon, 09 Sep 2024€566.0m€195.3m€4.4m19.3x127.8x2.9x
Wed, 07 Aug 2024€606.5m€200.4m€3.0m20.8x200.3x3x
Fri, 05 Jul 2024€668.8m€200.4m€3.0m23.4x220.9x3.3x
Sun, 02 Jun 2024€739.7m€200.4m€3.0m25.9x244.3x3.7x
Tue, 30 Apr 2024€600.3m€199.8m€1.9m21.8x310.3x3x
Thu, 28 Mar 2024€608.6m€199.8m€1.9m21.8x314.6x3x
Sat, 24 Feb 2024€593.8m€214.6m€4.4m20x134.9x2.8x
Mon, 22 Jan 2024€642.1m€212.4m€2.3m23.7x274.3x3x
Wed, 20 Dec 2023€637.6m€212.5m€2.3m24.4x272.4x3x
Fri, 17 Nov 2023€584.1m€215.8m€4.1m22.4x141.9x2.7x
Sun, 15 Oct 2023€601.7m€212.0m€2.6m22.4x227.9x2.8x
Tue, 12 Sep 2023€637.3m€212.0m€2.6m22.6x241.4x3x
Thu, 10 Aug 2023€593.8m€208.5m€5.7m18.1x104.6x2.8x
Sat, 08 Jul 2023€605.9m€208.5m€5.7m17.9x106.8x2.9x
Mon, 05 Jun 2023€613.6m€208.4m€5.7m17.9x108.1x2.9x
Wed, 03 May 2023€616.9m€213.1m€9.0m12.7x68.2x2.9x
Fri, 31 Mar 2023€694.7m€213.1m€9.0m13.1x76.8x3.3x
Price to Earnings Ratio

76.8x


Total Market Cap: €694.7mTotal Earnings: €9.0mTotal Revenue: €213.1mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Luxury Industry Price to Earnings3Y Average 127.6x202420252026
Current Industry PE
    There are only 3 companies in the Finnish Luxury industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Luxury industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Finnish Consumer Discretionary industry?

FI Market-2.13%
Consumer Discretionary-2.80%
Luxury-4.50%
Apparel, Accessories and Luxury Goods-4.34%
Textiles-7.09%
Industry PE
  • Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 21.1x.
    • Analysts are expecting annual earnings growth of 9.4%, which is higher than its past year's earnings growth of 0.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 43% over the next 5 years.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 9.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PIIPPO Piippo Oyj€1.771.1%
+€25.9k
18.0%PS0.2x