Finnish (OMX) Tech Sector Analysis

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
Wed, 13 May 2026	€72.8b	€25.6b	€1.1b	19.3x	67.5x	2.8x
Fri, 10 Apr 2026	€53.8b	€25.5b	€884.0m	22.8x	60.9x	2.1x
Sun, 08 Mar 2026	€46.2b	€25.4b	€878.8m	24.1x	52.5x	1.8x
Tue, 03 Feb 2026	€40.3b	€26.3b	€696.0m	24.7x	57.9x	1.5x
Thu, 01 Jan 2026	€40.3b	€26.3b	€905.7m	24.6x	44.5x	1.5x
Sat, 29 Nov 2025	€37.9b	€26.3b	€912.7m	25x	41.5x	1.4x
Mon, 27 Oct 2025	€37.8b	€26.3b	€912.1m	25.9x	41.4x	1.4x
Wed, 24 Sep 2025	€30.7b	€25.7b	€959.1m	24.9x	32x	1.2x
Fri, 22 Aug 2025	€28.3b	€25.7b	€964.9m	24.5x	29.3x	1.1x
Sun, 20 Jul 2025	€31.7b	€25.7b	€1.4b	26.6x	23.3x	1.2x
Tue, 17 Jun 2025	€33.7b	€25.7b	€1.4b	26.1x	24.7x	1.3x
Thu, 15 May 2025	€33.5b	€25.7b	€1.4b	24.9x	24.5x	1.3x
Sat, 12 Apr 2025	€31.8b	€25.8b	€1.9b	22.9x	16.9x	1.2x
Mon, 10 Mar 2025	€35.8b	€25.8b	€1.9b	26.3x	19x	1.4x
Wed, 05 Feb 2025	€33.7b	€25.8b	€2.0b	23.8x	16.5x	1.3x
Fri, 03 Jan 2025	€32.2b	€26.4b	€1.3b	25.5x	25.6x	1.2x
Sun, 01 Dec 2024	€29.6b	€26.4b	€1.3b	24.6x	23.5x	1.1x
Tue, 29 Oct 2024	€33.8b	€26.4b	€1.3b	23.3x	26.9x	1.3x
Thu, 26 Sep 2024	€31.0b	€26.8b	€1.3b	23.9x	24.6x	1.2x
Sat, 24 Aug 2024	€30.1b	€26.8b	€1.3b	22.4x	23.9x	1.1x
Mon, 22 Jul 2024	€27.7b	€26.8b	€1.2b	21.4x	22.3x	1x
Wed, 19 Jun 2024	€28.3b	€27.8b	€1.1b	22.5x	24.8x	1x
Fri, 17 May 2024	€29.3b	€27.8b	€1.1b	22x	25.7x	1.1x
Sun, 14 Apr 2024	€26.4b	€29.0b	€1.0b	20.1x	26.2x	0.9x
Tue, 12 Mar 2024	€27.6b	€29.0b	€1.0b	17.3x	27.4x	1x
Thu, 08 Feb 2024	€27.1b	€29.1b	€1.0b	20.6x	26x	0.9x
Sat, 06 Jan 2024	€27.2b	€31.1b	€4.2b	16.9x	6.5x	0.9x
Mon, 04 Dec 2023	€27.0b	€31.1b	€4.2b	16.4x	6.4x	0.9x
Wed, 01 Nov 2023	€26.0b	€31.1b	€4.2b	13.8x	6.2x	0.8x
Fri, 29 Sep 2023	€28.2b	€32.3b	€4.5b	17.7x	6.2x	0.9x
Sun, 27 Aug 2023	€28.9b	€32.3b	€4.5b	19.3x	6.4x	0.9x
Tue, 25 Jul 2023	€30.1b	€32.2b	€4.5b	22.1x	6.7x	0.9x
Thu, 22 Jun 2023	€32.3b	€32.4b	€4.7b	25.1x	6.9x	1x
Sat, 20 May 2023	€33.0b	€32.4b	€4.7b	26.2x	7x	1x

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 67.5x which is higher than its 3-year average PE of 25.3x.

The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.8x.

Past Earnings Growth

The earnings for companies in the Information Technology industry have declined 39% per year over the last three years,
Revenues have also declined 7.6% 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	-0.83%
Tech	-0.075%
Electronic Equipment and Components	0.96%
Communications	0.008%
Tech Hardware	0%	0
Semiconductors	0%	0
IT	-0.93%
Software	-2.25%

Industry PE

Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 23.5x.

Analysts are expecting annual earnings growth of 24.5%, which is higher than its past year's earnings decline of 35.4% per year.

Investors are most pessimistic about the Electronic Equipment and Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 22.2x.

Forecasted Growth

Analysts are most optimistic on the IT industry, expecting annual earnings growth of 26% over the next 5 years.
This is better than its past earnings decline of 42% 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
VAIAS Vaisala Oyj	€50.90	2.5% +€45.4m	2.5%	PE30x
SSH1V SSH Communications Security Oyj	€2.50	12.1% +€14.7m	127.3%	PS6.3x
BOREO Boreo Oyj	€22.60	16.8% +€8.8m	43.0%	PE39.1x
BITTI Bittium Oyj	€33.90	0.4% +€5.3m	410.5%	PE56.4x
TLT1V Teleste Oyj	€3.68	4.8% +€3.1m	21.5%	PE19.2x

Nokia Launches Agentic Ai for Home and Broadband Networks

Nokia announced new agentic AI capabilities for its fixed network product lines to help drive productivity and operational intelligence across home and broadband networks. Drawing on the expertise from 600+ million broadband lines deployed, Nokia’s agentic AI capabilities help telecom providers tackle fiber and Wi-Fi challenges, from design and planning to rollout and operations. Nokia’s AI-enabled fixed networks portfolio boosts end-user experience, increases operational efficiency and accelerates fiber rollout. The telecom industry is set to invest $6,200 million in agentic AI by 2030. Agentic AI systems capable of autonomous reasoning and decision-making will be a key driver of the cognitive broadband era, enabling networks to move beyond basic connectivity toward self-optimizing, AI-driven infrastructures. Nokia embeds AI agents and natural language interaction across its Altiplano, Corteca, and Broadband Easy platforms, enabling telecom providers to modernize operations and reduce costs. Operators can resolve problems proactively, scale operations without adding headcount, and diagnose network issues using automated root cause analysis. The AI agents will make an immediate and tangible difference for operators, including lifting first-contact helpdesk resolution rates above 50%, network incident qualification within 5 minutes, and a 50% reduction in return visits to construction sites and connected homes. Underpinning this is an open and secure approach that integrates AI agents, live data, and external services while ensuring compliance, data sovereignty, and vendor independence. Operators retain full control and can work with an LLM that best fits the specific use case, use their own interfaces, or connect data sources as they scale AI across their business. Nokia's new AI capabilities span the full broadband network lifecycle. They increase productivity across customer care, network engineering & operations and field force teams, while boosting end-user experience: An AI assistant with a conversational interface gives technicians and support teams instant access to product knowledge, accelerating training and day-to-day problem solving. AI-powered text, voice, and image guidance assists field technicians during surveys and installations, and computer vision technology helps validate the quality of work done and build a live digital twin of the FTTH network. Automated diagnostics detect degradations and prevent outages; giving frontline support teams more operational precision and analytical depth. A troubleshooting agent improves root cause analysis and speeds up remediation across home and access networks, and uses advanced reasoning to pinpoint faults faster, reduce ticket volume, and increase first-call resolution rates.

Finnish (OMX) Tech Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

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