News Flash: Analysts Just Made A Dazzling Upgrade To Their Sampo Oyj (HEL:SAMPO) Forecasts
Sep 24
Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
Finnish (OMX) Insurance Industry Analysis
UpdatedSep 30, 2024
DataAggregated Company Financials
Companies2
- 7D3.3%
- 3M4.9%
- 1Y2.8%
- YTD5.0%
Over the last 7 days, the Insurance industry has risen 1.0%, driven by gains from Sampo Oyj of -1.6%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 4.7% annually.
Industry Valuation and Performance
Has the Finnish Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Sep 2024 | €25.1b | €9.6b | €1.4b | 15x | 17.4x | 2.6x |
| Wed, 28 Aug 2024 | €22.2b | €9.6b | €1.4b | 13.6x | 15.4x | 2.3x |
| Fri, 26 Jul 2024 | €21.9b | €9.2b | €1.3b | 14.5x | 16.2x | 2.4x |
| Sun, 23 Jun 2024 | €22.3b | €9.2b | €1.3b | 14.8x | 16.6x | 2.4x |
| Tue, 21 May 2024 | €22.3b | €9.3b | €1.3b | 14.6x | 16.6x | 2.4x |
| Thu, 18 Apr 2024 | €22.0b | €8.8b | €1.2b | 16x | 17.9x | 2.5x |
| Sat, 16 Mar 2024 | €22.6b | €8.8b | €1.2b | 15.9x | 18.3x | 2.6x |
| Mon, 12 Feb 2024 | €22.1b | €8.1b | €508.8m | 26.4x | 43.4x | 2.7x |
| Wed, 10 Jan 2024 | €21.9b | €8.1b | €508.8m | 26.1x | 43x | 2.7x |
| Fri, 08 Dec 2023 | €22.4b | €8.1b | €508.8m | 27x | 44.1x | 2.8x |
| Sun, 05 Nov 2023 | €20.9b | €8.0b | €535.0m | 26.5x | 39x | 2.6x |
| Tue, 03 Oct 2023 | €20.6b | €7.9b | €715.0m | 26.1x | 28.8x | 2.6x |
| Thu, 31 Aug 2023 | €20.4b | €8.7b | €715.0m | 28.5x | 28.5x | 2.3x |
| Sat, 29 Jul 2023 | €20.1b | €8.1b | €1.1b | 18.3x | 18.3x | 2.5x |
| Mon, 26 Jun 2023 | €20.7b | €8.1b | €1.1b | 18.9x | 18.9x | 2.6x |
| Wed, 24 May 2023 | €22.0b | €8.1b | €1.1b | 20.1x | 20.1x | 2.7x |
| Fri, 21 Apr 2023 | €23.0b | €8.5b | €1.4b | 16.1x | 16.1x | 2.7x |
| Sun, 19 Mar 2023 | €21.3b | €8.5b | €1.4b | 14.9x | 14.9x | 2.5x |
| Tue, 14 Feb 2023 | €23.5b | €8.5b | €1.4b | 16.5x | 16.5x | 2.8x |
| Thu, 12 Jan 2023 | €24.4b | €9.7b | €2.2b | 11x | 11x | 2.5x |
| Sat, 10 Dec 2022 | €25.5b | €9.7b | €2.2b | 11.5x | 11.5x | 2.6x |
| Mon, 07 Nov 2022 | €23.8b | €10.2b | €2.4b | 9.8x | 9.8x | 2.3x |
| Wed, 05 Oct 2022 | €23.7b | €10.2b | €2.4b | 9.7x | 9.7x | 2.3x |
| Fri, 02 Sep 2022 | €23.1b | €10.2b | €2.4b | 9.5x | 9.5x | 2.3x |
| Sun, 31 Jul 2022 | €22.3b | €12.7b | €2.6b | 8.6x | 8.6x | 1.8x |
| Tue, 28 Jun 2022 | €22.1b | €12.7b | €2.6b | 8.6x | 8.6x | 1.7x |
| Thu, 26 May 2022 | €22.7b | €12.7b | €2.6b | 8.8x | 8.8x | 1.8x |
| Sat, 23 Apr 2022 | €25.6b | €13.9b | €2.6b | 10x | 10x | 1.8x |
| Mon, 21 Mar 2022 | €23.9b | €11.9b | €717.0m | 33.3x | 33.3x | 2x |
| Wed, 16 Feb 2022 | €24.2b | €11.9b | €717.0m | 33.8x | 33.8x | 2x |
| Fri, 14 Jan 2022 | €24.7b | €11.9b | €717.0m | 34.5x | 34.5x | 2.1x |
| Sun, 12 Dec 2021 | €24.0b | €11.7b | €717.0m | 33.5x | 33.5x | 2.1x |
| Tue, 09 Nov 2021 | €24.9b | €11.7b | €717.0m | 34.7x | 34.7x | 2.1x |
| Thu, 07 Oct 2021 | €24.6b | €11.8b | €589.0m | 41.7x | 41.7x | 2.1x |
Price to Earnings Ratio
41.7x
Current Industry PE
- There are only 2 companies in the Finnish Insurance industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 35% per year over the last three years.
- Meanwhile revenues for these companies have declined 6.6% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Finnish Financials industry?
| FI Market | 4.50% | |
| Financials | 3.01% | |
| Insurance | 3.32% | |
| Life and Health Insurance | 5.19% | |
| Property and Casualty Insurance | 3.13% | |
| Insurance Brokers | 0% | |
| General Insurance | 0% | |
| Reinsurance | 0% | |
Industry PE
- Investors are most optimistic about the Property and Casualty Insurance industry even though it's trading below its 3-year average PE ratio of 20.6x.
- Analysts are expecting annual earnings growth of 5.6%, which is lower than the prior year's growth of 74.5% per year.
- Investors are most pessimistic about the Life and Health Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.8x.
Forecasted Growth
- Analysts are most optimistic on the Property and Casualty Insurance industry, expecting annual earnings growth of 5.6% over the next 5 years.
- In contrast, the Life and Health Insurance industry is expected to see its earnings decline by 5.2% 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 | |
|---|---|---|---|---|---|
| SAMPO Sampo Oyj | €41.90 | 1.5% +€315.9m | 12.8% | PE18.2x | |
| MANTA Mandatum Oyj | €4.45 | 2.3% +€50.3m | 21.2% | PE11.6x |