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Finnish (OMX) Tech Sector Analysis
UpdatedMar 09, 2026
DataAggregated Company Financials
Companies30
- 7D2.6%
- 3M21.7%
- 1Y25.8%
- YTD16.2%
Over the last 7 days, the Tech industry has risen 2.6%, driven by gains from Bittium Oyj of 4.8%. In the last 12 months, the industry was up 26%. Looking forward, earnings are forecast to grow by 23% 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, 10 Mar 2026 | €46.2b | €25.4b | €878.8m | 24.1x | 52.5x | 1.8x |
| Thu, 05 Feb 2026 | €41.0b | €26.3b | €696.0m | 24.7x | 59x | 1.6x |
| Sat, 03 Jan 2026 | €39.9b | €26.3b | €905.7m | 25.1x | 44.1x | 1.5x |
| Mon, 01 Dec 2025 | €37.9b | €26.3b | €912.7m | 25x | 41.5x | 1.4x |
| Wed, 29 Oct 2025 | €44.6b | €26.3b | €912.5m | 25.9x | 48.9x | 1.7x |
| Fri, 26 Sep 2025 | €30.3b | €25.7b | €959.1m | 24.1x | 31.6x | 1.2x |
| Sun, 24 Aug 2025 | €28.8b | €25.7b | €964.5m | 24.2x | 29.8x | 1.1x |
| Tue, 22 Jul 2025 | €31.7b | €25.7b | €1.4b | 26x | 23.3x | 1.2x |
| Thu, 19 Jun 2025 | €33.0b | €25.7b | €1.4b | 25.1x | 24.2x | 1.3x |
| Sat, 17 May 2025 | €33.7b | €25.7b | €1.4b | 25x | 24.7x | 1.3x |
| Mon, 14 Apr 2025 | €31.8b | €25.8b | €1.9b | 22.9x | 16.9x | 1.2x |
| Wed, 12 Mar 2025 | €35.3b | €25.8b | €1.9b | 25.8x | 18.8x | 1.4x |
| Fri, 07 Feb 2025 | €34.3b | €25.8b | €2.0b | 23.4x | 16.8x | 1.3x |
| Sun, 05 Jan 2025 | €32.0b | €26.4b | €1.3b | 25.3x | 25.4x | 1.2x |
| Tue, 03 Dec 2024 | €29.9b | €26.4b | €1.3b | 24.6x | 23.7x | 1.1x |
| Thu, 31 Oct 2024 | €33.1b | €26.4b | €1.3b | 22.8x | 26.3x | 1.3x |
| Sat, 28 Sep 2024 | €31.2b | €26.8b | €1.3b | 23.8x | 24.7x | 1.2x |
| Mon, 26 Aug 2024 | €30.1b | €26.8b | €1.3b | 22.4x | 23.9x | 1.1x |
| Wed, 24 Jul 2024 | €28.2b | €26.8b | €1.2b | 21.3x | 22.7x | 1x |
| Fri, 21 Jun 2024 | €28.3b | €27.8b | €1.1b | 22.2x | 24.7x | 1x |
| Sun, 19 May 2024 | €29.3b | €27.8b | €1.1b | 22x | 25.7x | 1.1x |
| Tue, 16 Apr 2024 | €26.3b | €29.0b | €1.0b | 19.7x | 26.1x | 0.9x |
| Thu, 14 Mar 2024 | €27.6b | €29.0b | €1.0b | 17.7x | 27.4x | 1x |
| Sat, 10 Feb 2024 | €27.4b | €29.1b | €1.0b | 21x | 26.4x | 0.9x |
| Mon, 08 Jan 2024 | €27.2b | €31.1b | €4.2b | 16.9x | 6.5x | 0.9x |
| Wed, 06 Dec 2023 | €24.6b | €31.1b | €4.2b | 16.2x | 5.8x | 0.8x |
| Fri, 03 Nov 2023 | €26.3b | €31.1b | €4.2b | 15.3x | 6.2x | 0.8x |
| Sun, 01 Oct 2023 | €28.7b | €32.3b | €4.5b | 17.7x | 6.4x | 0.9x |
| Tue, 29 Aug 2023 | €29.3b | €32.3b | €4.5b | 19.4x | 6.5x | 0.9x |
| Thu, 27 Jul 2023 | €30.4b | €32.2b | €4.5b | 23.1x | 6.7x | 0.9x |
| Sat, 24 Jun 2023 | €31.9b | €32.4b | €4.7b | 24.7x | 6.8x | 1x |
| Mon, 22 May 2023 | €33.0b | €32.4b | €4.7b | 26.2x | 7x | 1x |
| Wed, 19 Apr 2023 | €36.1b | €31.8b | €4.5b | 28.1x | 7.9x | 1.1x |
| Fri, 17 Mar 2023 | €35.4b | €31.7b | €4.6b | 27.3x | 7.8x | 1.1x |
Price to Earnings Ratio
7.8x
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 52.5x which is higher than its 3-year average PE of 22.3x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 42% per year over the last three years,
- Revenues have also declined 7.1% 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 | -3.09% | |
| Tech | 2.58% | |
| Communications | 3.39% | |
| IT | 0.66% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
| Electronic Equipment and Components | -0.40% | |
| Software | -0.77% | |
Industry PE
- Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 19.8x.
- Analysts are expecting annual earnings growth of 22.6%, which is higher than its past year's earnings decline of 63.1% 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 22.1x.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 53% 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 | |
|---|---|---|---|---|---|
| BITTI Bittium Oyj | €28.65 | 4.8% +€46.2m | 255.5% | PE47.8x | |
| TIETO TietoEVRY Oyj | €18.63 | 0.8% +€13.4m | -6.1% | PE85.5x | |
| GOFORE Gofore Oyj | €12.98 | 3.2% +€6.4m | -41.1% | PE22.4x | |
| SCANFL Scanfil Oyj | €11.76 | 0.3% +€2.6m | 32.3% | PE18.8x | |
| TLT1V Teleste Oyj | €3.67 | 1.1% +€732.0k | 22.7% | PE24.2x |
