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Finnish (OMX) Tech Sector Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies31
  • 7D0.7%
  • 3M5.1%
  • 1Y13.3%
  • YTD0.9%

Over the last 7 days, the Tech industry has risen 1.4%, driven by gains from Qt Group Oyj of 7.1%. In the last 12 months, the industry was up 13%. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025€32.7b€25.7b€1.4b25.6x24x1.3x
Tue, 03 Jun 2025€33.7b€25.7b€1.4b25.9x24.7x1.3x
Thu, 01 May 2025€32.2b€25.7b€1.4b22x23.7x1.3x
Sat, 29 Mar 2025€35.4b€25.8b€1.9b24.8x18.9x1.4x
Mon, 24 Feb 2025€35.4b€25.8b€1.9b21.6x18.9x1.4x
Wed, 22 Jan 2025€33.2b€26.4b€1.3b26.2x26.4x1.3x
Fri, 20 Dec 2024€31.5b€26.4b€1.3b24.7x25.1x1.2x
Sun, 17 Nov 2024€31.5b€26.4b€1.3b25x25.1x1.2x
Tue, 15 Oct 2024€31.1b€26.7b€1.3b23.9x24.7x1.2x
Thu, 12 Sep 2024€30.1b€26.8b€1.3b23.1x23.8x1.1x
Sat, 10 Aug 2024€28.5b€26.8b€1.3b20.7x22.7x1.1x
Mon, 08 Jul 2024€29.1b€27.8b€1.1b23.1x25.5x1x
Wed, 05 Jun 2024€29.4b€27.8b€1.1b23.7x25.8x1.1x
Fri, 03 May 2024€27.5b€27.8b€1.2b22x23.9x1x
Sun, 31 Mar 2024€27.2b€29.0b€1.0b19.4x27x0.9x
Tue, 27 Feb 2024€27.1b€29.0b€1.0b20.3x26.9x0.9x
Thu, 25 Jan 2024€27.0b€31.1b€4.2b16.9x6.4x0.9x
Sat, 23 Dec 2023€26.8b€31.1b€4.2b16.7x6.3x0.9x
Mon, 20 Nov 2023€27.3b€31.1b€4.2b17.3x6.5x0.9x
Wed, 18 Oct 2023€27.6b€32.4b€4.5b15.7x6.1x0.9x
Fri, 15 Sep 2023€30.1b€32.3b€4.5b17.5x6.7x0.9x
Sun, 13 Aug 2023€29.4b€32.3b€4.5b22.2x6.5x0.9x
Tue, 11 Jul 2023€32.0b€32.4b€4.7b23.4x6.8x1x
Thu, 08 Jun 2023€32.5b€32.4b€4.7b25.2x7x1x
Sat, 06 May 2023€32.5b€32.4b€4.7b26.2x6.9x1x
Mon, 03 Apr 2023€36.8b€31.7b€4.5b27x8.1x1.2x
Wed, 01 Mar 2023€36.4b€31.6b€4.5b31x8x1.2x
Fri, 27 Jan 2023€35.6b€31.8b€4.6b28.1x7.8x1.1x
Sun, 25 Dec 2022€34.9b€30.7b€2.1b27.4x16.5x1.1x
Tue, 22 Nov 2022€36.1b€30.7b€2.1b27.3x17.1x1.2x
Thu, 20 Oct 2022€36.2b€29.7b€2.1b25.1x17.6x1.2x
Sat, 17 Sep 2022€35.9b€29.6b€2.1b29.7x17.4x1.2x
Mon, 15 Aug 2022€39.8b€29.6b€2.1b31.8x19.3x1.3x
Wed, 13 Jul 2022€37.3b€28.7b€2.0b27.4x18.5x1.3x
Price to Earnings Ratio

18.5x


Total Market Cap: €37.3bTotal Earnings: €2.0bTotal Revenue: €28.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Tech Sector Price to Earnings3Y Average 17.1x202320242025
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 24.0x which is higher than its 3-year average PE of 17.1x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 12% per year over the last three years,
  • Revenues have also declined 3.6% 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 Market0.22%
Tech0.70%
Software4.66%
Electronic Equipment and Components1.30%
IT0.33%
Communications0.16%
Tech Hardware0%0
Semiconductors0%0
Industry PE
  • Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 119x.
    • Analysts are expecting annual earnings growth of 26.2%, which is higher than its past year's earnings growth of 0.01% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 11% 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
QTCOM Qt Group Oyj€61.057.1%
+€102.8m
-22.7%PE28.4x
VAIAS Vaisala Oyj€51.002.2%
+€40.0m
27.0%PE26.3x
NOKIA Nokia Oyj€4.400.2%
+€37.7m
21.8%PE19.8x
SSH1V SSH Communications Security Oyj€1.8076.5%
+€32.0m
39.5%PS3.3x
GOFORE Gofore Oyj€18.924.3%
+€12.3m
-23.6%PE21.5x

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