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Finnish (OMX) Real Estate Sector Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.4%
  • 3M-4.4%
  • 1Y10.0%
  • YTD-2.0%

The Real Estate is pretty flat in the last 7 days, but Cityvarasto Oyj has stood out, gaining 4.8%. As for the the longer term, the industry is up 9.4% over the past 12 months. Looking forward, earnings are forecast to grow by 47% annually.

Sector Valuation and Performance

Has the Finnish Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026€3.5b€863.8m-€16,639,124.009.5x-208x4x
Mon, 19 Jan 2026€3.6b€865.7m€2.1m9.4x1735.6x4.1x
Wed, 17 Dec 2025€3.5b€865.7m€2.1m10x1716.1x4.1x
Fri, 14 Nov 2025€3.7b€865.8m-€8,497,124.0024.8x-434.9x4.3x
Sun, 12 Oct 2025€3.5b€863.1m-€16,281,124.0029.8x-215.7x4.1x
Tue, 09 Sep 2025€3.6b€839.1m-€68,582,000.0030.5x-53x4.3x
Thu, 07 Aug 2025€3.6b€842.9m-€158,571,000.0019.1x-22.7x4.3x
Sat, 05 Jul 2025€3.7b€849.4m-€158,928,000.0021.8x-23.5x4.4x
Mon, 02 Jun 2025€3.5b€849.4m-€158,928,000.0021.9x-22.3x4.2x
Wed, 30 Apr 2025€3.4b€846.6m-€55,242,000.0058.9x-60.7x4x
Fri, 28 Mar 2025€2.9b€846.6m-€55,242,000.0059.3x-52.6x3.4x
Sun, 23 Feb 2025€3.1b€837.4m-€77,812,000.0055x-39.5x3.7x
Tue, 21 Jan 2025€3.2b€837.7m-€204,619,000.004.6x-15.6x3.8x
Thu, 19 Dec 2024€3.1b€837.7m-€204,619,000.004.4x-15.1x3.7x
Sat, 16 Nov 2024€3.2b€840.5m-€198,922,000.004.5x-16.1x3.8x
Mon, 14 Oct 2024€3.3b€827.6m-€351,578,000.004.7x-9.3x3.9x
Wed, 11 Sep 2024€3.5b€827.6m-€351,578,000.004.7x-10x4.2x
Fri, 09 Aug 2024€3.3b€828.3m-€210,496,000.009.4x-15.6x4x
Sun, 07 Jul 2024€3.4b€799.4m-€199,911,000.009.6x-17x4.3x
Tue, 04 Jun 2024€3.5b€799.0m-€199,250,000.009.8x-17.7x4.4x
Thu, 02 May 2024€3.5b€777.7m-€216,143,000.0010.9x-16x4.5x
Sat, 30 Mar 2024€3.6b€777.7m-€216,143,000.0011.4x-16.7x4.7x
Mon, 26 Feb 2024€3.5b€772.8m-€206,110,000.0010.2x-17x4.5x
Wed, 24 Jan 2024€3.7b€763.7m-€645,910,000.009.9x-5.7x4.9x
Fri, 22 Dec 2023€4.0b€763.7m-€645,910,000.009.5x-6.2x5.3x
Sun, 19 Nov 2023€3.5b€741.1m-€635,146,000.009.4x-5.6x4.8x
Tue, 17 Oct 2023€3.0b€738.6m-€423,690,000.009.8x-7.2x4.1x
Thu, 14 Sep 2023€3.3b€738.6m-€423,690,000.0010.4x-7.7x4.4x
Sat, 12 Aug 2023€3.3b€727.1m-€407,937,000.0035.3x-8x4.5x
Mon, 10 Jul 2023€3.4b€729.9m-€413,439,000.0034.1x-8.1x4.6x
Wed, 07 Jun 2023€3.7b€729.9m-€413,439,000.0029.1x-8.9x5.1x
Fri, 05 May 2023€4.0b€724.8m-€409,273,000.0010.4x-9.8x5.5x
Sun, 02 Apr 2023€4.0b€724.8m-€409,273,000.0010.4x-9.7x5.5x
Tue, 28 Feb 2023€4.5b€719.6m-€403,611,000.0011.4x-11.1x6.2x
Price to Earnings Ratio

-11.1x


Total Market Cap: €4.5bTotal Earnings: -€403,611,000.00Total Revenue: €719.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Real Estate Sector Price to Earnings3Y Average 86.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Finnish Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 4.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have improved over the last three years.
  • Revenues for these companies have grown 6.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the Finnish Real Estate sector?

FI Market3.04%
Real Estate-0.35%
Real Estate-0.35%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 47% over the next 5 years.
    • This is better than its past earnings decline of 1.9% per year.
    • In contrast, the Real Estate industry is expected to see its earnings grow by 47% 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
    CITYVA Cityvarasto Oyj€18.704.8%
    +€6.9m
    n/aPE2.9x
    TOIVO Toivo Group Oyj€0.961.3%
    +€707.8k
    -6.5%PE25.2x
    OVARO Ovaro Kiinteistösijoitus Oyj€3.292.2%
    +€569.3k
    -3.5%PE9.5x