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Finnish (OMX) Tech Sector Analysis
UpdatedAug 19, 2025
DataAggregated Company Financials
Companies31
- 7D1.0%
- 3M-17.8%
- 1Y-7.0%
- YTD-14.0%
The Tech industry is up 1.0% in the last week, with Nokia Oyj up 1.7%. In contrast, the industry has lost 7.0% in the last 12 months. Earnings are forecast to grow by 26% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 19 Aug 2025 | €28.1b | €25.7b | €966.4m | 24.9x | 29.1x | 1.1x |
| Thu, 17 Jul 2025 | €31.5b | €25.7b | €1.4b | 26.4x | 23.1x | 1.2x |
| Sat, 14 Jun 2025 | €33.0b | €25.7b | €1.4b | 25.3x | 24.2x | 1.3x |
| Mon, 12 May 2025 | €32.7b | €25.7b | €1.4b | 24.9x | 24x | 1.3x |
| Wed, 09 Apr 2025 | €32.2b | €25.8b | €1.9b | 22.8x | 17.2x | 1.2x |
| Fri, 07 Mar 2025 | €36.0b | €25.8b | €1.9b | 26.1x | 19.1x | 1.4x |
| Sun, 02 Feb 2025 | €33.7b | €25.8b | €2.0b | 23.3x | 16.5x | 1.3x |
| Tue, 31 Dec 2024 | €31.7b | €26.4b | €1.3b | 25.2x | 25.2x | 1.2x |
| Thu, 28 Nov 2024 | €29.4b | €26.4b | €1.3b | 24.6x | 23.4x | 1.1x |
| Sat, 26 Oct 2024 | €33.3b | €26.4b | €1.3b | 23.7x | 26.4x | 1.3x |
| Mon, 23 Sep 2024 | €30.3b | €26.8b | €1.3b | 23.7x | 24x | 1.1x |
| Wed, 21 Aug 2024 | €30.0b | €26.8b | €1.3b | 22.4x | 23.8x | 1.1x |
| Fri, 19 Jul 2024 | €28.0b | €27.8b | €1.1b | 22.9x | 24.4x | 1x |
| Sun, 16 Jun 2024 | €28.0b | €27.8b | €1.1b | 22.3x | 24.5x | 1x |
| Tue, 14 May 2024 | €28.6b | €27.8b | €1.1b | 22.7x | 25.1x | 1x |
| Thu, 11 Apr 2024 | €26.7b | €29.0b | €1.0b | 20.2x | 26.4x | 0.9x |
| Sat, 09 Mar 2024 | €27.6b | €29.0b | €1.0b | 19.4x | 27.4x | 1x |
| Mon, 05 Feb 2024 | €27.9b | €29.3b | €1.0b | 19.3x | 27.4x | 1x |
| Wed, 03 Jan 2024 | €27.0b | €31.1b | €4.2b | 17.5x | 6.4x | 0.9x |
| Fri, 01 Dec 2023 | €27.0b | €31.1b | €4.2b | 16.6x | 6.4x | 0.9x |
| Sun, 29 Oct 2023 | €25.6b | €31.1b | €4.2b | 13.7x | 6.1x | 0.8x |
| Tue, 26 Sep 2023 | €28.8b | €32.3b | €4.5b | 17.9x | 6.4x | 0.9x |
| Thu, 24 Aug 2023 | €29.2b | €32.3b | €4.5b | 19.3x | 6.5x | 0.9x |
| Sat, 22 Jul 2023 | €30.1b | €32.2b | €4.5b | 22x | 6.7x | 0.9x |
| Mon, 19 Jun 2023 | €33.6b | €32.4b | €4.7b | 23.8x | 7.2x | 1x |
| Wed, 17 May 2023 | €32.3b | €32.4b | €4.7b | 26x | 6.9x | 1x |
| Fri, 14 Apr 2023 | €37.1b | €31.7b | €4.5b | 27x | 8.1x | 1.2x |
| Sun, 12 Mar 2023 | €36.8b | €31.7b | €4.6b | 27.3x | 8.1x | 1.2x |
| Tue, 07 Feb 2023 | €35.8b | €31.8b | €4.6b | 27.5x | 7.8x | 1.1x |
| Thu, 05 Jan 2023 | €35.8b | €30.7b | €2.1b | 26.8x | 17x | 1.2x |
| Sat, 03 Dec 2022 | €37.9b | €30.7b | €2.1b | 28.4x | 17.9x | 1.2x |
| Mon, 31 Oct 2022 | €34.8b | €30.6b | €2.1b | 26.8x | 16.5x | 1.1x |
| Wed, 28 Sep 2022 | €34.1b | €29.6b | €2.1b | 27x | 16.5x | 1.2x |
| Fri, 26 Aug 2022 | €39.1b | €29.6b | €2.1b | 29.6x | 18.9x | 1.3x |
Price to Earnings Ratio
18.9x
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 29.1x which is higher than its 3-year average PE of 17.4x.
- 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 22% 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 | 0.42% | |
| Tech | 1.01% | |
| Communications | 1.74% | |
| Software | 0.085% | |
| Electronic Equipment and Components | 0.075% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
| IT | -1.77% | |
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 34.5%, which is higher than its past year's earnings growth of 7.7% per year.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 84% 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 15% 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 | €3.65 | 2.3% +€449.8m | -2.6% | PE21.7x | |
| QTCOM Qt Group Oyj | €47.56 | 6.0% +€68.0m | -49.6% | PE25.1x | |
| TIETO TietoEVRY Oyj | €15.35 | 2.3% +€41.4m | -17.6% | PS0.7x | |
| ICP1V Incap Oyj | €10.68 | 6.2% +€18.3m | 4.8% | PE18.1x | |
| BITTI Bittium Oyj | €11.84 | 2.1% +€8.5m | 63.1% | PE65x |
