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Finnish (OMX) Financials Sector Analysis

UpdatedJan 19, 2022
DataAggregated Company Financials
Companies20
  • 7D-1.1%
  • 3M-2.6%
  • 1Y26.9%
  • YTD-1.1%

Over the last 7 days, the Financials industry has dropped 1.1%, driven by a pullback from Sampo Oyj of 1.4%. Meanwhile, Ålandsbanken Abp actually outperformed within the industry, gaining 7.9% in the last week. This takes the industry's 12 month performance to a gain of 27%.

Sector Valuation and Performance

Has the Finnish Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 19 Jan 2022€29.8b€13.0b€1.1b14.4x
Fri, 17 Dec 2021€29.1b€12.7b€1.1b13.6x
Sun, 14 Nov 2021€29.8b€12.7b€1.1b14x
Tue, 12 Oct 2021€29.9b€12.8b€905.6m15.3x
Thu, 09 Sep 2021€29.4b€12.8b€907.3m16.7x
Sat, 07 Aug 2021€28.7b€12.8b€907.3m16.9x
Fri, 30 Apr 2021€26.0b€12.6b€609.3m15.7x
Mon, 01 Feb 2021€22.7b€9.4b€232.5m18.1x
Thu, 05 Nov 2020€20.8b€10.0b€1.4b14.6x
Sun, 09 Aug 2020€19.7b€9.7b€968.1m13.5x
Sat, 02 May 2020€19.2b€8.8b€1.1b13.2x
Tue, 04 Feb 2020€25.7b€11.8b€1.3b20.1x
Fri, 08 Nov 2019€23.0b€10.0b€1.3b16.7x
Thu, 01 Aug 2019€23.3b€9.8b€1.7b13.9x
Sun, 05 May 2019€25.0b€9.7b€1.9b13.4x
Wed, 06 Feb 2019€24.6b€8.4b€1.9b12.1x
PE Ratio

12.1x

Total Market Cap: €24.6bTotal Earnings: €1.9bTotal Revenue: €8.4b0%0%0%3 Year10 Year
202020212022

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 15.1x. However, future earnings are expected to decline by 26% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Financials industry have declined 17% per year over the last three years, while revenues for these companies have grown 15% per year. This means that although more sales are being generated, 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 Financials sector?

Banks1.44%
Capital Markets-0.27%
Insurance-1.41%
Consumer Finance-1.70%

Industry PE: Investors are most optimistic about the Insurance industry even though it's trading below its 3-year average PE ratio of 67.2x. This is likely because analysts are expecting annual earnings decline of 31%, which is less than its past year's earnings decline of 40% per year. Meanwhile, investors are most pessimistic about the Banks industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 10.7x.

Forecasted Growth: Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 114% over the next 5 years. Meanwhile, the Insurance industry is expected to see its earnings decline by 31% 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
VACSPAC Virala Acquisition Company Oyj€14.207.2%
+€39.2m
n/aPB5.8x
ALBAV Ålandsbanken Abp€34.404.2%
+€21.8m
52.2%PB1.7x
INDERES Inderes Oyj€37.803.3%
+€2.0m
n/an/a
TAALA Taaleri Oyj€11.450.4%
+€1.4m
40.7%PE14.2x
UNITED United Bankers Oyj€14.150.7%
+€1.0m
12.3%PE21.8x
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TAALA

€11.45

Taaleri Oyj

7D

0.4%

1Y

40.7%