Qt Group Oyj (HEL:QTCOM) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Nov 11
Have your own idea? Try our Stock Screener
Finnish (OMX) Tech Sector Analysis
UpdatedNov 11, 2025
DataAggregated Company Financials
Companies30
- 7D-4.2%
- 3M44.6%
- 1Y25.1%
- YTD23.6%
Over the last 7 days, the Tech industry has dropped 4.2%, driven by a pullback from Nokia Oyj of 4.8%. Meanwhile, Bittium Oyj actually outperformed within the industry, gaining 11% in the last week. This takes the industry's 12 month performance to a gain of 25%. Looking forward, earnings are forecast to grow by 27% 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, 11 Nov 2025 | €40.4b | €26.3b | €912.7m | 24.2x | 44.3x | 1.5x |
| Thu, 09 Oct 2025 | €32.5b | €25.7b | €959.1m | 25.4x | 33.9x | 1.3x |
| Sat, 06 Sep 2025 | €29.6b | €25.7b | €964.3m | 24.6x | 30.7x | 1.1x |
| Mon, 04 Aug 2025 | €27.6b | €25.7b | €981.7m | 27x | 28.2x | 1.1x |
| Wed, 02 Jul 2025 | €32.7b | €25.7b | €1.4b | 25.6x | 23.9x | 1.3x |
| Fri, 30 May 2025 | €34.5b | €25.7b | €1.4b | 25.8x | 25.3x | 1.3x |
| Sun, 27 Apr 2025 | €32.3b | €25.8b | €1.4b | 24.2x | 23.5x | 1.3x |
| Tue, 25 Mar 2025 | €36.1b | €25.8b | €1.9b | 25.7x | 19.2x | 1.4x |
| Thu, 20 Feb 2025 | €35.6b | €25.8b | €1.9b | 21.1x | 19.1x | 1.4x |
| Sat, 18 Jan 2025 | €33.0b | €26.4b | €1.3b | 26x | 26.2x | 1.3x |
| Mon, 16 Dec 2024 | €31.6b | €26.4b | €1.3b | 25x | 25.1x | 1.2x |
| Wed, 13 Nov 2024 | €31.4b | €26.4b | €1.3b | 25x | 25x | 1.2x |
| Fri, 11 Oct 2024 | €31.4b | €26.7b | €1.3b | 23.9x | 24.9x | 1.2x |
| Sun, 08 Sep 2024 | €30.5b | €26.8b | €1.3b | 23.1x | 24.2x | 1.1x |
| Tue, 06 Aug 2024 | €27.8b | €26.9b | €1.3b | 20.4x | 22.1x | 1x |
| Thu, 04 Jul 2024 | €29.2b | €27.8b | €1.1b | 22.8x | 25.5x | 1.1x |
| Sat, 01 Jun 2024 | €29.2b | €27.8b | €1.1b | 23.8x | 25.6x | 1.1x |
| Mon, 29 Apr 2024 | €27.6b | €27.8b | €1.2b | 20.3x | 23.9x | 1x |
| Wed, 27 Mar 2024 | €27.2b | €29.0b | €1.0b | 19.3x | 27x | 0.9x |
| Fri, 23 Feb 2024 | €27.4b | €29.1b | €1.0b | 20.4x | 27x | 0.9x |
| Sun, 21 Jan 2024 | €26.6b | €31.1b | €4.2b | 16.7x | 6.3x | 0.9x |
| Tue, 19 Dec 2023 | €26.2b | €31.1b | €4.2b | 16.5x | 6.2x | 0.8x |
| Thu, 16 Nov 2023 | €27.7b | €31.1b | €4.2b | 16.5x | 6.5x | 0.9x |
| Sat, 14 Oct 2023 | €27.4b | €32.4b | €4.5b | 16x | 6.1x | 0.8x |
| Mon, 11 Sep 2023 | €30.3b | €32.3b | €4.5b | 17.7x | 6.7x | 0.9x |
| Wed, 09 Aug 2023 | €29.5b | €32.3b | €4.5b | 20.6x | 6.5x | 0.9x |
| Fri, 07 Jul 2023 | €32.0b | €32.4b | €4.7b | 23.7x | 6.8x | 1x |
| Sun, 04 Jun 2023 | €32.8b | €32.4b | €4.7b | 25.1x | 7x | 1x |
| Tue, 02 May 2023 | €33.1b | €32.2b | €4.7b | 26.4x | 7.1x | 1x |
| Thu, 30 Mar 2023 | €35.8b | €31.7b | €4.5b | 26.1x | 7.9x | 1.1x |
| Sat, 25 Feb 2023 | €36.0b | €31.5b | €4.5b | 27.4x | 7.9x | 1.1x |
| Mon, 23 Jan 2023 | €34.6b | €30.7b | €2.1b | 27.5x | 16.4x | 1.1x |
| Wed, 21 Dec 2022 | €34.6b | €30.7b | €2.1b | 27x | 16.4x | 1.1x |
| Fri, 18 Nov 2022 | €36.0b | €30.7b | €2.1b | 28.1x | 17x | 1.2x |
Price to Earnings Ratio
17x
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 44.3x which is higher than its 3-year average PE of 18.7x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 24% per year over the last three years,
- Revenues have also declined 5.0% 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 | -1.36% | |
| Tech | -4.25% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
| Software | -1.14% | |
| Electronic Equipment and Components | -2.07% | |
| IT | -3.34% | |
| Communications | -4.81% | |
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 4.8% per year.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 75% over the next 5 years.
- This is better than its past earnings decline of 60% 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 | |
|---|---|---|---|---|---|
| BITTI Bittium Oyj | €19.66 | 14.2% +€86.7m | 195.2% | PE108x | |
| LOIHDE Loihde Oyj | €12.50 | 10.6% +€6.9m | 17.9% | PS0.5x | |
| QPR1V QPR Software Oyj | €0.74 | 23.6% +€2.8m | 23.2% | PS2.3x | |
| ACG1V Aspocomp Group Oyj | €5.10 | -1.9% €2.8m | 75.3% | PE24.1x | |
| VAIAS Vaisala Oyj | €41.95 | 0.1% +€1.8m | -5.7% | PE24.2x |
