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Finnish (OMX) Industrials Sector Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies51
  • 7D6.5%
  • 3M-0.8%
  • 1Y46.1%
  • YTD1.5%

In the last week, the Industrials industry is up 6.5%, with Wärtsilä Oyj Abp leading the way, up 9.5%. This takes the industry's 12 month performance to a gain of 46%. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026€89.1b€49.0b€3.3b20.7x27.1x1.8x
Fri, 13 Mar 2026€86.5b€48.9b€3.2b18.6x26.7x1.8x
Sun, 08 Feb 2026€90.4b€49.2b€3.2b18.8x28x1.8x
Tue, 06 Jan 2026€88.5b€48.7b€3.1b20x28.3x1.8x
Thu, 04 Dec 2025€83.6b€48.7b€3.1b19.6x26.7x1.7x
Sat, 01 Nov 2025€81.7b€48.5b€3.1b19.2x26.1x1.7x
Mon, 29 Sep 2025€76.5b€47.1b€3.1b19.1x24.9x1.6x
Wed, 27 Aug 2025€74.9b€47.1b€3.1b19x24.4x1.6x
Fri, 25 Jul 2025€75.7b€47.1b€3.0b20.8x24.9x1.6x
Sun, 22 Jun 2025€69.5b€46.9b€3.1b19.3x22.6x1.5x
Tue, 20 May 2025€69.2b€46.9b€3.1b18.5x22.5x1.5x
Thu, 17 Apr 2025€60.8b€46.6b€3.0b16.8x20.5x1.3x
Sat, 15 Mar 2025€67.9b€46.2b€2.9b21.5x23.2x1.5x
Mon, 10 Feb 2025€64.3b€49.2b€3.2b16.3x19.8x1.3x
Wed, 08 Jan 2025€61.7b€48.7b€3.2b15.9x19.4x1.3x
Fri, 06 Dec 2024€63.0b€48.7b€3.2b15.5x19.8x1.3x
Sun, 03 Nov 2024€63.6b€48.7b€3.2b16.3x20x1.3x
Tue, 01 Oct 2024€68.3b€48.6b€3.1b17.5x21.9x1.4x
Thu, 29 Aug 2024€62.6b€48.6b€3.1b16.3x20x1.3x
Sat, 27 Jul 2024€62.0b€49.1b€3.1b17.2x19.7x1.3x
Mon, 24 Jun 2024€65.0b€49.7b€3.1b19x21x1.3x
Wed, 22 May 2024€67.5b€49.7b€3.1b18.7x21.8x1.4x
Fri, 19 Apr 2024€62.6b€51.2b€3.2b17.7x19.6x1.2x
Sun, 17 Mar 2024€60.9b€51.0b€3.1b17.1x19.5x1.2x
Tue, 13 Feb 2024€61.1b€51.3b€3.1b18.3x19.5x1.2x
Thu, 11 Jan 2024€60.3b€51.6b€2.9b18.8x20.5x1.2x
Sat, 09 Dec 2023€56.9b€51.6b€2.9b18.1x19.4x1.1x
Mon, 06 Nov 2023€54.3b€51.7b€3.0b17.9x18.3x1x
Wed, 04 Oct 2023€55.3b€51.7b€2.7b19x20.2x1.1x
Fri, 01 Sep 2023€58.5b€51.7b€2.7b19.6x21.3x1.1x
Sun, 30 Jul 2023€60.7b€51.6b€2.7b22.2x22.1x1.2x
Tue, 27 Jun 2023€61.0b€50.5b€2.0b23.1x30.1x1.2x
Thu, 25 May 2023€61.9b€50.5b€2.0b23.2x30.3x1.2x
Sat, 22 Apr 2023€60.9b€48.7b€1.2b22.7x49.3x1.3x
Price to Earnings Ratio

49.3x


Total Market Cap: €60.9bTotal Earnings: €1.2bTotal Revenue: €48.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Industrials Sector Price to Earnings3Y Average 23.1x202420252026
Current Industry PE
  • Investors are optimistic on the Finnish Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.1x which is higher than its 3-year average PE of 23.1x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 39% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Finnish Industrials sector?

FI Market4.57%
Industrials6.48%
Machinery6.67%
Airlines5.27%
Trade Distributors5.17%
Electrical4.88%
Construction4.51%
Building3.90%
Commercial Services3.65%
Logistics2.64%
Professional Services1.12%
Industrials-1.05%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 26.1x.
    • Analysts are expecting annual earnings growth of 15.2%, which is lower than the prior year's growth of 30.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 49% over the next 5 years.
  • In contrast, the Industrials industry is expected to see its earnings grow by 5.6% 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
WRT1V Wärtsilä Oyj Abp€35.669.5%
+€1.8b		126.0%PE33.5x
KNEBV KONE Oyj€57.905.5%
+€1.6b		12.5%PE30.6x
METSO Metso Oyj€16.3610.0%
+€1.2b		89.3%PE28.1x
KCR Konecranes€30.587.2%
+€489.5m		67.7%PE18.2x
HIAB Hiab Oyj€46.9212.9%
+€345.8m		21.7%PE20.1x

Latest News

METSO
€16.36
Metso Oyj
7D
10.0%
1Y
89.3%

METSO: Future Returns Will Hinge On Mining Orders And Dividend Reliability

The analyst price target for Metso Oyj has edged lower by about €0.14, as analysts factor in slightly softer assumptions for fair value, revenue growth and profit margins, while still using a comparable future P/E in the context of mixed recent target moves from major banks. Analyst Commentary Recent Street research on Metso Oyj has been mixed, with several banks adjusting their price targets in different directions and taking varied views on valuation and execution risk.
CONSTI
€11.35
Consti Oyj
7D
-3.8%
1Y
13.7%
HIAB
€46.92
Hiab Oyj
7D
12.9%
1Y
21.7%

HIAB: Dividend And Execution On Steady Outlook Will Drive Future Upside

Analysts keep the fair value estimate for Hiab Oyj steady at €54.25 per share, citing recent mixed rating actions but broadly consistent assumptions for the discount rate, revenue growth, profit margin and future P/E that together support an unchanged price target. Analyst Commentary Recent research views on Hiab Oyj point in different directions, which helps explain why the fair value estimate has stayed anchored even as rating labels have shifted.
MARAS
€0.49
Martela Oyj
7D
-7.5%
1Y
-37.6%
PON1V
€23.50
Ponsse Oyj
7D
-2.9%
1Y
-8.2%
KEMPOWR
€14.51
Kempower Oyj
7D
12.3%
1Y
20.9%
KALMAR
€48.84
Kalmar Oyj
7D
10.9%
1Y
85.8%

KALMAR: Electrification Orders And Margin Guidance Will Support Steady Long Term Returns

Analysts have reaffirmed their €49.20 price target for Kalmar Oyj, with only minor adjustments to the discount rate and long term P/E assumptions. This reflects a broadly unchanged view of the company’s valuation drivers.
KCR
€30.58
Konecranes
7D
7.2%
1Y
67.7%

KCR: Ecolifting Orders And Dividend Support Will Shape A Balanced Outlook

The analyst price target for Konecranes has been revised from €96 to €32. Analysts attribute this change to updated fair value estimates, a slightly higher discount rate, and modest adjustments to revenue growth, profit margin and future P/E assumptions supporting the new view.
VALMT
€25.40
Valmet Oyj
7D
4.1%
1Y
8.2%

VALMT: Execution Confidence And Cost Efficiencies Will Support A Higher Future P/E

Analysts have adjusted their price target on Valmet Oyj to €33.00. This reflects updated assumptions on discount rates, revenue growth, profit margins and future P/E that support a broadly unchanged view of the company’s fair value.
WRT1V
€35.66
Wärtsilä Oyj Abp
7D
9.5%
1Y
126.0%

WRT1V: Future Earnings Will Likely Struggle To Support Elevated Dividend Commitments

Analysts have lifted the fair value estimate for Wärtsilä Oyj Abp from about €16.00 to roughly €17.21, reflecting updated assumptions on revenue growth, profit margin and future P/E multiples in light of recent price target revisions and mixed rating changes across the Street. Analyst Commentary Recent Street research on Wärtsilä Oyj Abp has sent mixed messages, with some firms lifting price targets while others have shifted to a more cautious stance.
KNEBV
€57.90
KONE Oyj
7D
5.5%
1Y
12.5%

KNEBV: Service And Margin Execution Outside China Will Support Upside

Analysts have lifted the fair value estimate for KONE Oyj from €70.00 to €78.00, reflecting updated views on revenue growth, profit margins, and future P/E assumptions following a mix of upgrades, initiations, and target changes across recent research reports. Analyst Commentary Recent research opinions on KONE Oyj have been mixed, but there is a clear cluster of more positive views that help explain the higher fair value estimate.
TULAV
€0.56
Tulikivi
7D
-1.8%
1Y
15.5%
PNA1V
€0.29
Panostaja Oyj
7D
-4.5%
1Y
-18.9%
LAMOR
€1.00
Lamor Corporation Oyj
7D
-3.1%
1Y
-20.5%
MERUS
€4.18
Merus Power Oyj
7D
-1.6%
1Y
-19.0%