Narrative Update • Jun 23
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Finnish (OMX) Luxury Industry Analysis
UpdatedJul 06, 2026
DataAggregated Company Financials
Companies2
- 7D2.3%
- 3M5.0%
- 1Y-17.3%
- YTD-15.8%
In the last week, the Luxury industry is up 2.3%, with Marimekko Oyj up 2.7%. However, the industry is down 17% over the past year. Looking forward, earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Finnish Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 06 Jul 2026 | €458.9m | €191.7m | -€15,494,000.00 | 17.3x | -29.6x | 2.4x |
| Wed, 03 Jun 2026 | €456.5m | €202.7m | -€16,949,133.00 | 17.1x | -26.9x | 2.3x |
| Fri, 01 May 2026 | €428.2m | €200.9m | -€17,749,133.00 | 16.5x | -24.1x | 2.1x |
| Sun, 29 Mar 2026 | €437.8m | €200.9m | -€17,749,133.00 | 17x | -24.7x | 2.2x |
| Tue, 24 Feb 2026 | €482.8m | €200.9m | -€17,749,133.00 | 18.6x | -27.2x | 2.4x |
| Thu, 22 Jan 2026 | €542.2m | €200.3m | -€10,754,133.00 | 20.9x | -50.4x | 2.7x |
| Sat, 20 Dec 2025 | €538.8m | €200.3m | -€10,754,133.00 | 20.8x | -50.1x | 2.7x |
| Mon, 17 Nov 2025 | €534.6m | €203.4m | -€11,002,812.00 | 20.6x | -48.6x | 2.6x |
| Wed, 15 Oct 2025 | €540.5m | €200.0m | -€12,402,812.00 | 21.9x | -43.6x | 2.7x |
| Fri, 12 Sep 2025 | €539.9m | €200.0m | -€12,402,812.00 | 21.5x | -43.5x | 2.7x |
| Sun, 10 Aug 2025 | €558.1m | €199.3m | €5.2m | 22.4x | 106.6x | 2.8x |
| Tue, 08 Jul 2025 | €558.0m | €199.3m | €5.2m | 22.3x | 106.6x | 2.8x |
| Thu, 05 Jun 2025 | €577.2m | €198.5m | €4.9m | 23.2x | 118.2x | 2.9x |
| Sat, 03 May 2025 | €508.3m | €196.6m | €5.5m | 19.9x | 92.7x | 2.6x |
| Mon, 31 Mar 2025 | €544.5m | €196.6m | €5.5m | 21.1x | 99.3x | 2.8x |
| Wed, 26 Feb 2025 | €585.0m | €196.6m | €5.5m | 22.1x | 106.7x | 3x |
| Fri, 24 Jan 2025 | €549.8m | €194.7m | €2.9m | 21.5x | 189.3x | 2.8x |
| Sun, 22 Dec 2024 | €534.2m | €194.7m | €2.9m | 20.8x | 184x | 2.7x |
| Tue, 19 Nov 2024 | €523.6m | €194.7m | €2.5m | 19.8x | 208x | 2.7x |
| Thu, 17 Oct 2024 | €601.9m | €195.3m | €4.4m | 20.9x | 135.9x | 3.1x |
| Sat, 14 Sep 2024 | €570.9m | €195.3m | €4.4m | 19.5x | 128.9x | 2.9x |
| Mon, 12 Aug 2024 | €618.8m | €200.4m | €3.0m | 21.3x | 204.4x | 3.1x |
| Wed, 10 Jul 2024 | €640.6m | €200.4m | €3.0m | 22.2x | 211.6x | 3.2x |
| Fri, 07 Jun 2024 | €696.1m | €200.4m | €3.0m | 24.1x | 229.9x | 3.5x |
| Sun, 05 May 2024 | €611.0m | €199.8m | €1.9m | 22.3x | 315.8x | 3.1x |
| Tue, 02 Apr 2024 | €597.9m | €199.8m | €1.9m | 21.4x | 309.1x | 3x |
| Thu, 29 Feb 2024 | €577.3m | €214.6m | €4.4m | 20.7x | 131.2x | 2.7x |
| Sat, 27 Jan 2024 | €661.4m | €212.4m | €2.3m | 24.9x | 282.6x | 3.1x |
| Mon, 25 Dec 2023 | €665.8m | €212.4m | €2.3m | 25.4x | 284.4x | 3.1x |
| Wed, 22 Nov 2023 | €577.9m | €215.8m | €4.1m | 22.4x | 140.4x | 2.7x |
| Fri, 20 Oct 2023 | €562.1m | €212.0m | €2.6m | 21.9x | 212.9x | 2.7x |
| Sun, 17 Sep 2023 | €641.1m | €212.0m | €2.6m | 21.8x | 242.8x | 3x |
| Tue, 15 Aug 2023 | €582.3m | €208.5m | €5.7m | 17.8x | 102.6x | 2.8x |
| Thu, 13 Jul 2023 | €618.7m | €208.5m | €5.7m | 18.4x | 109x | 3x |
Price to Earnings Ratio
109x
Current Industry PE
- There are only 2 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.
- Revenues have also declined 2.8% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Finnish Consumer Discretionary industry?
| FI Market | 1.98% | |
| Consumer Discretionary | 1.82% | |
| Luxury | 2.31% | |
| Apparel, Accessories and Luxury Goods | 2.67% | |
| Textiles | -4.12% | |
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 21.0x.
- Analysts are expecting annual earnings growth of 8.4%, which is higher than its past year's earnings growth of 5.9% 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 8.4% 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 | |
|---|---|---|---|---|---|
| MEKKO Marimekko Oyj | €10.76 | 2.5% +€10.5m | -17.7% | PE17.3x |