Nokia Oyj (HEL:NOKIA) Will Pay A Dividend Of €0.03
Sep 18
Have your own idea? Try our Stock Screener
Finnish (OMX) Tech Sector Analysis
UpdatedSep 18, 2025
DataAggregated Company Financials
Companies30
- 7D1.1%
- 3M-8.3%
- 1Y-1.3%
- YTD-8.0%
Over the last 7 days, the Tech industry has risen 1.1%, driven by gains from Nokia Oyj of 1.3%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Thu, 18 Sep 2025 | €30.1b | €25.7b | €959.1m | 24.3x | 31.3x | 1.2x |
| Sat, 16 Aug 2025 | €28.2b | €25.7b | €966.4m | 25x | 29.2x | 1.1x |
| Mon, 14 Jul 2025 | €32.2b | €25.7b | €1.4b | 26.2x | 23.6x | 1.3x |
| Wed, 11 Jun 2025 | €34.2b | €25.7b | €1.4b | 26.1x | 25x | 1.3x |
| Fri, 09 May 2025 | €32.6b | €25.7b | €1.4b | 25x | 23.9x | 1.3x |
| Sun, 06 Apr 2025 | €32.7b | €25.8b | €1.9b | 22.4x | 17.4x | 1.3x |
| Tue, 04 Mar 2025 | €36.3b | €25.8b | €1.9b | 26.7x | 19.3x | 1.4x |
| Thu, 30 Jan 2025 | €32.4b | €26.4b | €1.3b | 25.8x | 25.9x | 1.2x |
| Sat, 28 Dec 2024 | €31.8b | €26.4b | €1.3b | 25.3x | 25.3x | 1.2x |
| Mon, 25 Nov 2024 | €30.2b | €26.4b | €1.3b | 24.4x | 24x | 1.1x |
| Wed, 23 Oct 2024 | €33.2b | €26.4b | €1.3b | 23.4x | 26.3x | 1.3x |
| Fri, 20 Sep 2024 | €30.6b | €26.8b | €1.3b | 23.7x | 24.2x | 1.1x |
| Sun, 18 Aug 2024 | €29.7b | €26.8b | €1.3b | 22.1x | 23.5x | 1.1x |
| Tue, 16 Jul 2024 | €29.1b | €27.8b | €1.1b | 23x | 25.5x | 1x |
| Thu, 13 Jun 2024 | €29.1b | €27.8b | €1.1b | 23x | 25.5x | 1x |
| Sat, 11 May 2024 | €28.3b | €27.8b | €1.1b | 22.1x | 24.8x | 1x |
| Mon, 08 Apr 2024 | €26.7b | €29.0b | €1.0b | 19.8x | 26.5x | 0.9x |
| Wed, 06 Mar 2024 | €27.2b | €29.1b | €1.0b | 19x | 27.1x | 0.9x |
| Fri, 02 Feb 2024 | €28.1b | €29.3b | €1.0b | 19.3x | 27.6x | 1x |
| Sun, 31 Dec 2023 | €26.5b | €31.1b | €4.2b | 17.1x | 6.3x | 0.9x |
| Tue, 28 Nov 2023 | €27.1b | €31.1b | €4.2b | 16.7x | 6.4x | 0.9x |
| Thu, 26 Oct 2023 | €25.2b | €31.1b | €4.2b | 14.9x | 5.9x | 0.8x |
| Sat, 23 Sep 2023 | €29.2b | €32.3b | €4.5b | 18.1x | 6.5x | 0.9x |
| Mon, 21 Aug 2023 | €29.0b | €32.3b | €4.5b | 19.5x | 6.4x | 0.9x |
| Wed, 19 Jul 2023 | €29.9b | €32.4b | €4.7b | 23.4x | 6.4x | 0.9x |
| Fri, 16 Jun 2023 | €33.4b | €32.4b | €4.7b | 24.1x | 7.1x | 1x |
| Sun, 14 May 2023 | €32.5b | €32.4b | €4.7b | 26.2x | 6.9x | 1x |
| Tue, 11 Apr 2023 | €36.8b | €31.7b | €4.5b | 25.7x | 8.1x | 1.2x |
| Thu, 09 Mar 2023 | €37.3b | €31.6b | €4.5b | 28x | 8.2x | 1.2x |
| Sat, 04 Feb 2023 | €36.3b | €31.8b | €4.6b | 27.7x | 7.9x | 1.1x |
| Mon, 02 Jan 2023 | €34.7b | €30.7b | €2.1b | 26.5x | 16.4x | 1.1x |
| Wed, 30 Nov 2022 | €35.9b | €30.7b | €2.1b | 27.8x | 17x | 1.2x |
| Fri, 28 Oct 2022 | €34.9b | €30.5b | €2.1b | 26.9x | 16.7x | 1.1x |
| Sun, 25 Sep 2022 | €34.0b | €29.6b | €2.1b | 27.8x | 16.5x | 1.1x |
Price to Earnings Ratio
16.5x
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 31.3x which is higher than its 3-year average PE of 17.7x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 23% per year over the last three years,
- Revenues have also declined 4.6% 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 Market | 0.048% | |
| Tech | 1.10% | |
| Software | 1.82% | |
| Communications | 1.26% | |
| IT | 1.04% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
| Electronic Equipment and Components | -1.36% | |
Industry PE
- Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 118x.
- Analysts are expecting annual earnings growth of 36.2%, which is higher than its past year's earnings decline of 1.7% per year.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 74% over the next 5 years.
- This is better than its past earnings decline of 27% per year.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 14% 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 | €4.03 | 3.1% +€656.8m | 5.7% | PE24.1x | |
| SSH1V SSH Communications Security Oyj | €4.08 | 77.4% +€72.9m | 229.0% | PS7.3x | |
| QTCOM Qt Group Oyj | €47.46 | 4.2% +€48.8m | -48.1% | PE25.1x | |
| CANATU Canatu Oyj | €8.94 | 10.4% +€29.2m | -32.3% | PS27.8x | |
| TIETO TietoEVRY Oyj | €16.12 | 1.5% +€28.4m | -17.0% | PS0.7x |
