Header cover image

Finnish (OMX) Tech Sector Analysis

UpdatedMar 13, 2025
DataAggregated Company Financials
Companies31
  • 7D0.03%
  • 3M10.5%
  • 1Y29.4%
  • YTD8.7%

Over the last 7 days, the Tech industry has risen 1.1%, driven by gains from Nokia Oyj of 0.5%. In the last 12 months, the industry was up 29%. Looking forward, earnings are forecast to grow by 8.8% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Mar 2025€35.3b€25.8b€1.9b25.6x18.8x1.4x
Sat, 08 Feb 2025€34.5b€25.8b€2.1b20.4x16.8x1.3x
Mon, 06 Jan 2025€32.0b€26.4b€1.3b25.3x25.4x1.2x
Wed, 04 Dec 2024€29.9b€26.4b€1.3b23.8x23.8x1.1x
Fri, 01 Nov 2024€33.1b€26.4b€1.3b22.8x26.3x1.3x
Sun, 29 Sep 2024€31.2b€26.8b€1.3b23.8x24.7x1.2x
Tue, 27 Aug 2024€30.1b€26.8b€1.3b22.4x23.9x1.1x
Thu, 25 Jul 2024€27.9b€26.9b€1.2b21.1x22.4x1x
Sat, 22 Jun 2024€28.3b€27.8b€1.1b22.2x24.7x1x
Mon, 20 May 2024€29.3b€27.8b€1.1b22x25.7x1.1x
Wed, 17 Apr 2024€26.3b€29.0b€1.0b19.7x26.1x0.9x
Fri, 15 Mar 2024€27.7b€29.0b€1.0b18.1x27.4x1x
Sun, 11 Feb 2024€27.4b€29.1b€1.0b21x26.4x0.9x
Tue, 09 Jan 2024€27.4b€31.1b€4.2b17.1x6.5x0.9x
Thu, 07 Dec 2023€24.6b€31.1b€4.2b16.2x5.8x0.8x
Sat, 04 Nov 2023€26.7b€31.1b€4.2b15.1x6.3x0.9x
Mon, 02 Oct 2023€28.7b€32.3b€4.5b17.7x6.4x0.9x
Wed, 30 Aug 2023€30.0b€32.3b€4.5b19.5x6.6x0.9x
Fri, 28 Jul 2023€30.3b€32.2b€4.5b23.2x6.7x0.9x
Sun, 25 Jun 2023€31.9b€32.4b€4.7b24.7x6.8x1x
Tue, 23 May 2023€33.0b€32.4b€4.7b26.4x7x1x
Thu, 20 Apr 2023€35.6b€31.7b€4.5b27.5x7.8x1.1x
Sat, 18 Mar 2023€35.2b€31.7b€4.5b27.5x7.7x1.1x
Mon, 13 Feb 2023€35.6b€31.7b€4.5b28.2x7.8x1.1x
Wed, 11 Jan 2023€36.2b€30.7b€2.1b27.6x17.2x1.2x
Fri, 09 Dec 2022€36.6b€30.7b€2.1b28.6x17.4x1.2x
Sun, 06 Nov 2022€34.5b€30.6b€2.1b26.8x16.4x1.1x
Tue, 04 Oct 2022€34.7b€29.6b€2.1b25.3x16.8x1.2x
Thu, 01 Sep 2022€38.9b€29.6b€2.1b33.2x18.8x1.3x
Sat, 30 Jul 2022€40.6b€29.5b€2.1b26x19.6x1.4x
Mon, 27 Jun 2022€35.8b€28.7b€2.0b23.1x17.8x1.3x
Wed, 25 May 2022€37.0b€28.7b€2.0b24.6x18.4x1.3x
Fri, 22 Apr 2022€40.9b€28.3b€2.1b23.4x19.3x1.4x
Sun, 20 Mar 2022€40.0b€28.3b€2.1b27.8x18.9x1.4x
Price to Earnings Ratio

18.9x


Total Market Cap: €40.0bTotal Earnings: €2.1bTotal Revenue: €28.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Tech Sector Price to Earnings3Y Average 16.8x202320242025
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 18.8x which is higher than its 3-year average PE of 16.8x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 3.9% per year over the last three years,
  • Revenues have also declined 3.0% 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-0.16%
Tech0.029%
IT2.89%
Communications0.52%
Tech Hardware0%0
Semiconductors0%0
Electronic Equipment and Components-2.50%
Software-3.72%
Industry PE
  • Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 125x.
    • Analysts are expecting annual earnings growth of 26.1%, which is higher than its past year's earnings decline of 7.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is better than its past earnings decline of 9.1% per year.
  • In contrast, the Communications industry is expected to see its earnings grow by 2.5% 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
NOKIA Nokia Oyj€4.760.5%
+€133.8m
43.2%PE15.3x
TIETO TietoEVRY Oyj€19.354.5%
+€98.4m
-9.4%PS0.8x
ICP1V Incap Oyj€11.075.2%
+€16.2m
19.0%PE14.3x
WITH WithSecure Oyj€0.912.6%
+€4.0m
-13.0%PS1.4x
QPR1V QPR Software Oyj€1.050.5%
+€1.8m
110.0%PS3.1x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

DETEC

€14.50

Detection Technology Oyj

7D

-6.1%

1Y

14.2%

WITH

€0.91

WithSecure Oyj

7D

2.6%

1Y

-13.0%

BITTI

€7.64

Bittium Oyj

7D

-2.3%

1Y

55.8%

ACG1V

€4.70

Aspocomp Group Oyj

7D

-15.8%

1Y

42.9%

DIGIA

€6.70

Digia Oyj

7D

-5.9%

1Y

24.1%

NOKIA

€4.76

Nokia Oyj

7D

0.5%

1Y

43.2%

QPR1V

€1.05

QPR Software Oyj

7D

0.5%

1Y

110.0%

LOIHDE

€12.15

Loihde Oyj

7D

1.3%

1Y

-10.0%

WITTED

€1.39

Witted Megacorp Oyj

7D

2.6%

1Y

-26.6%

CANATU

€12.00

Canatu Oyj

7D

-1.6%

1Y

22.4%