Vaisala Oyj (HEL:VAIAS) Shares Could Be 31% Above Their Intrinsic Value Estimate
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Finnish (OMX) Tech Sector Analysis
UpdatedJan 19, 2022
DataAggregated Company Financials
Companies33
- 7D-4.3%
- 3M-3.9%
- 1Y41.7%
- YTD-8.1%
Over the last 7 days, the Tech industry has dropped 4.3%, driven by a pullback from Nokia of 5.6%. This takes the industry's 12 month performance to a gain of 42%.
Sector Valuation and Performance
Has the Finnish Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 20 Jan 2022 | €42.2b | €28.2b | -€1,314,443,756.00 | 45.6x |
| Sat, 18 Dec 2021 | €44.2b | €28.1b | -€1,310,271,756.00 | 46.7x |
| Mon, 15 Nov 2021 | €42.4b | €28.1b | -€1,313,671,020.00 | 47x |
| Wed, 13 Oct 2021 | €42.1b | €27.9b | -€1,467,744,020.00 | 41.8x |
| Fri, 10 Sep 2021 | €42.7b | €27.9b | -€1,467,795,020.00 | 42x |
| Sun, 08 Aug 2021 | €43.5b | €27.9b | -€1,466,235,389.00 | 37.3x |
| Sat, 01 May 2021 | €34.3b | €27.5b | -€1,876,391,889.00 | 37.3x |
| Tue, 02 Feb 2021 | €33.0b | €27.3b | -€2,271,103,389.00 | 33.4x |
| Fri, 06 Nov 2020 | €24.9b | €27.5b | €951.2m | 28.1x |
| Mon, 10 Aug 2020 | €30.7b | €27.6b | €813.9m | 24.9x |
| Sun, 03 May 2020 | €25.6b | €27.9b | €562.8m | 26.5x |
| Wed, 05 Feb 2020 | €28.2b | €27.6b | €191.7m | 31x |
| Sat, 09 Nov 2019 | €24.5b | €27.3b | -€177,596,178.00 | 27.7x |
| Fri, 02 Aug 2019 | €32.7b | €27.1b | -€388,940,116.00 | 24.8x |
| Mon, 06 May 2019 | €31.7b | €26.7b | -€457,701,116.00 | 22.2x |
| Thu, 07 Feb 2019 | €36.2b | €26.5b | -€337,207,840.00 | 17.3x |
PE Ratio
17.3x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 45.6x which is higher than its 3-year average PE of 30.4x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Information Technology industry have deteriorated over the last three years, while revenues for these companies have grown 2.0% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Finnish Tech sector?
| IT | 2.21% | |
| Tech Hardware | 0% | |
| Electronic Equipment and Components | -2.74% | |
| Communications | -4.94% | |
| Software | -6.37% | |
Industry PE: Investors are most optimistic about the Software industry, which is trading close to its 3-year average PE ratio of 55.1x. However analysts expect its future annual earnings growth (39%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today. Meanwhile, investors are most pessimistic about the Communications industry, which is trading below its 3-year average of 173x.
Forecasted Growth: Analysts are most optimistic on the Software industry, expecting annual earnings growth of 39% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the IT industry is expected to see its earnings grow by 2.8% 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 | |
|---|---|---|---|---|---|
| TIETO TietoEVRY Oyj | €27.02 | 0.7% +€23.7m | -3.3% | PE12.4x | |
| LEADD LeadDesk Oy | €23.60 | 11.3% +€12.9m | -20.3% | PE499x | |
| DIGIA Digia Oyj | €7.64 | 6.4% +€12.1m | 0.3% | PE18x | |
| GOFORE Gofore Oyj | €24.60 | 2.1% +€7.7m | 36.3% | PE49.9x | |
| ADMCM Admicom Oyj | €73.90 | 0.3% +€5.5m | -33.7% | PE55x |
