When Should You Buy Talenom Oyj (HEL:TNOM)?
While Talenom Oyj ( HEL:TNOM ) might not be the most widely known stock at the moment, it saw significant share price...
Has the Finnish Professional Services Industry valuation changed over the past few years?
|Wed, 19 Jan 2022||€2.2b||€1.3b||€65.2m||41.2x|
|Fri, 17 Dec 2021||€2.2b||€1.3b||€63.5m||37.8x|
|Sun, 14 Nov 2021||€2.4b||€1.3b||€59.6m||36.7x|
|Tue, 12 Oct 2021||€2.4b||€1.3b||€59.6m||36.8x|
|Thu, 09 Sep 2021||€2.6b||€1.3b||€59.6m||37.8x|
|Sat, 07 Aug 2021||€2.6b||€1.2b||€57.9m||37.8x|
|Fri, 30 Apr 2021||€2.3b||€1.1b||€46.2m||42.9x|
|Mon, 01 Feb 2021||€2.0b||€1.1b||€43.4m||39x|
|Thu, 05 Nov 2020||€1.7b||€1.1b||€44.9m||37.4x|
|Sun, 09 Aug 2020||€1.8b||€1.1b||€41.4m||45.2x|
|Sat, 02 May 2020||€1.5b||€1.1b||€47.5m||37.9x|
|Tue, 04 Feb 2020||€1.8b||€1.0b||€49.1m||39.7x|
|Fri, 08 Nov 2019||€1.5b||€906.6m||€56.4m||14.7x|
|Thu, 01 Aug 2019||€1.4b||€892.2m||€24.3m||27.2x|
|Sun, 05 May 2019||€1.3b||€844.1m||€39.2m||28.3x|
|Wed, 06 Feb 2019||€1.1b||€810.9m||€35.3m||26.4x|
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 42.0x which is higher than its 3-year average PE of 34.5x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Professional Services industry have grown 23% per year over the last three years, and revenues for these companies have grown 17% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Finnish Professional Services industry?
|Research and Consulting Services||-4.32%|
Industry PE: Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 36.0x. However analysts expect its future annual earnings growth (17%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today. Meanwhile, investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 68.8x.
Forecasted Growth: Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 38% over the next 5 years. However this is lower than its past earnings growth rate of 77% per year. Meanwhile, the Research and Consulting Services industry is expected to see its earnings grow by 17% per year over the next few years.
Trainers’ House Oyj
Enersense International Oyj
Enento Group Oyj