Earnings Update: Digia Oyj (HEL:DIGIA) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Feb 08
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Finnish (OMX) Tech Sector Analysis
UpdatedFeb 09, 2026
DataAggregated Company Financials
Companies29
- 7D3.5%
- 3M0.6%
- 1Y15.9%
- YTD5.2%
The Tech industry is up 3.5% in the last week, with Nokia Oyj up 5.4%. During this same period, the TietoEVRY Oyj underperformed, falling 6.7%. This means that the industry has gained 16% over the past year. As for the next few years, earnings are expected to grow by 26% per annum.
Sector Valuation and Performance
Has the Finnish Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 09 Feb 2026 | €41.7b | €26.3b | €696.5m | 25.3x | 59.9x | 1.6x |
| Wed, 07 Jan 2026 | €40.2b | €26.3b | €905.7m | 25.4x | 44.4x | 1.5x |
| Fri, 05 Dec 2025 | €38.4b | €26.3b | €912.7m | 24.9x | 42x | 1.5x |
| Sun, 02 Nov 2025 | €40.6b | €26.3b | €912.1m | 24.7x | 44.5x | 1.5x |
| Tue, 30 Sep 2025 | €30.2b | €25.7b | €959.1m | 23.8x | 31.5x | 1.2x |
| Thu, 28 Aug 2025 | €28.8b | €25.7b | €964.5m | 24.3x | 29.8x | 1.1x |
| Sat, 26 Jul 2025 | €29.0b | €25.7b | €992.8m | 24.2x | 29.2x | 1.1x |
| Mon, 23 Jun 2025 | €32.6b | €25.7b | €1.4b | 25.5x | 23.9x | 1.3x |
| Wed, 21 May 2025 | €34.0b | €25.7b | €1.4b | 25.5x | 24.9x | 1.3x |
| Fri, 18 Apr 2025 | €33.2b | €25.8b | €1.9b | 24.1x | 17.7x | 1.3x |
| Sun, 16 Mar 2025 | €36.0b | €25.8b | €1.9b | 25.3x | 19.2x | 1.4x |
| Tue, 11 Feb 2025 | €34.7b | €25.8b | €2.1b | 21.1x | 16.9x | 1.3x |
| Thu, 09 Jan 2025 | €33.0b | €26.4b | €1.3b | 26.4x | 26.3x | 1.3x |
| Sat, 07 Dec 2024 | €30.4b | €26.4b | €1.3b | 23.6x | 24.2x | 1.2x |
| Mon, 04 Nov 2024 | €32.5b | €26.4b | €1.3b | 26x | 25.9x | 1.2x |
| Wed, 02 Oct 2024 | €31.2b | €26.8b | €1.3b | 23.5x | 24.7x | 1.2x |
| Fri, 30 Aug 2024 | €31.5b | €26.8b | €1.3b | 23.7x | 25x | 1.2x |
| Sun, 28 Jul 2024 | €28.8b | €26.9b | €1.3b | 21.2x | 23x | 1.1x |
| Tue, 25 Jun 2024 | €28.9b | €27.8b | €1.1b | 22.2x | 25.2x | 1x |
| Thu, 23 May 2024 | €29.7b | €27.8b | €1.1b | 22x | 26x | 1.1x |
| Sat, 20 Apr 2024 | €26.4b | €29.0b | €1.0b | 19.6x | 26.3x | 0.9x |
| Mon, 18 Mar 2024 | €27.6b | €29.0b | €1.0b | 18x | 27.4x | 1x |
| Wed, 14 Feb 2024 | €27.0b | €29.1b | €1.0b | 20.4x | 26.1x | 0.9x |
| Fri, 12 Jan 2024 | €27.2b | €31.1b | €4.2b | 17.2x | 6.4x | 0.9x |
| Sun, 10 Dec 2023 | €25.8b | €31.1b | €4.2b | 16.3x | 6.1x | 0.8x |
| Tue, 07 Nov 2023 | €26.7b | €31.1b | €4.2b | 14.9x | 6.3x | 0.9x |
| Thu, 05 Oct 2023 | €28.3b | €32.4b | €4.5b | 16.9x | 6.3x | 0.9x |
| Sat, 02 Sep 2023 | €30.4b | €32.3b | €4.5b | 16.7x | 6.7x | 0.9x |
| Mon, 31 Jul 2023 | €30.5b | €32.3b | €4.5b | 22.7x | 6.7x | 0.9x |
| Wed, 28 Jun 2023 | €31.7b | €32.4b | €4.7b | 23.9x | 6.8x | 1x |
| Fri, 26 May 2023 | €32.2b | €32.4b | €4.7b | 25.8x | 6.9x | 1x |
| Sun, 23 Apr 2023 | €33.1b | €32.3b | €4.7b | 26.4x | 7.1x | 1x |
| Tue, 21 Mar 2023 | €35.4b | €31.7b | €4.5b | 28x | 7.8x | 1.1x |
| Thu, 16 Feb 2023 | €35.8b | €31.7b | €4.5b | 28.3x | 7.9x | 1.1x |
Price to Earnings Ratio
7.9x
Current Industry PE
- Investors are optimistic on the Finnish Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 59.9x which is higher than its 3-year average PE of 21.2x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 46% per year over the last three years,
- Revenues have also declined 6.0% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Finnish Tech sector?
| FI Market | 0.34% | |
| Tech | 3.50% | |
| Communications | 5.36% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
| Electronic Equipment and Components | -0.46% | |
| Software | -2.73% | |
| IT | -6.13% | |
Industry PE
- Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 18.5x.
- Analysts are expecting annual earnings growth of 22.7%, which is higher than its past year's earnings decline of 63.1% per year.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 76% over the next 5 years.
- This is better than its past earnings decline of 60% per year.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| NOKIA Nokia Oyj | €5.88 | 5.4% +€1.7b | 25.4% | PE52.4x | |
| DETEC Detection Technology Oyj | €11.95 | 10.6% +€16.9m | -25.3% | PE27.2x | |
| DIGIA Digia Oyj | €6.62 | 4.4% +€7.5m | -3.5% | PE13.8x | |
| TAMTRON Tamtron Group Oyj | €5.88 | 4.6% +€2.0m | 6.9% | PS0.8x | |
| WITH WithSecure Oyj | €1.72 | 0.2% +€698.8k | 102.4% | PS2.5x |
