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Finnish (OMX) Tech Sector Analysis
UpdatedApr 04, 2026
DataAggregated Company Financials
Companies30
- 7D6.7%
- 3M25.9%
- 1Y49.4%
- YTD25.8%
In the last week, the Tech industry is up 2.0%, with Nokia Oyj up 1.6%. This takes the industry's 12 month performance to a gain of 45%. Looking forward, earnings are forecast to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Sat, 04 Apr 2026 | €50.0b | €25.5b | €884.0m | 24.2x | 56.5x | 2x |
| Mon, 02 Mar 2026 | €45.0b | €25.4b | €877.9m | 27.2x | 51.2x | 1.8x |
| Wed, 28 Jan 2026 | €42.3b | €26.2b | €916.0m | 25.2x | 46.2x | 1.6x |
| Fri, 26 Dec 2025 | €39.7b | €26.3b | €905.7m | 23.9x | 43.9x | 1.5x |
| Sun, 23 Nov 2025 | €37.1b | €26.3b | €912.7m | 24.2x | 40.7x | 1.4x |
| Tue, 21 Oct 2025 | €34.9b | €25.7b | €959.1m | 25.4x | 36.4x | 1.4x |
| Thu, 18 Sep 2025 | €30.1b | €25.7b | €959.1m | 24.3x | 31.3x | 1.2x |
| Sat, 16 Aug 2025 | €28.2b | €25.7b | €966.4m | 25x | 29.2x | 1.1x |
| Mon, 14 Jul 2025 | €32.2b | €25.7b | €1.4b | 26.2x | 23.6x | 1.3x |
| Wed, 11 Jun 2025 | €34.2b | €25.7b | €1.4b | 26.1x | 25x | 1.3x |
| Fri, 09 May 2025 | €32.6b | €25.7b | €1.4b | 25x | 23.9x | 1.3x |
| Sun, 06 Apr 2025 | €32.7b | €25.8b | €1.9b | 22.4x | 17.4x | 1.3x |
| Tue, 04 Mar 2025 | €36.3b | €25.8b | €1.9b | 26.7x | 19.3x | 1.4x |
| Thu, 30 Jan 2025 | €32.4b | €26.4b | €1.3b | 25.8x | 25.9x | 1.2x |
| Sat, 28 Dec 2024 | €31.8b | €26.4b | €1.3b | 25.3x | 25.3x | 1.2x |
| Mon, 25 Nov 2024 | €30.2b | €26.4b | €1.3b | 24.4x | 24x | 1.1x |
| Wed, 23 Oct 2024 | €33.2b | €26.4b | €1.3b | 23.4x | 26.3x | 1.3x |
| Fri, 20 Sep 2024 | €30.6b | €26.8b | €1.3b | 23.7x | 24.2x | 1.1x |
| Sun, 18 Aug 2024 | €29.7b | €26.8b | €1.3b | 22.1x | 23.5x | 1.1x |
| Tue, 16 Jul 2024 | €29.1b | €27.8b | €1.1b | 23x | 25.5x | 1x |
| Thu, 13 Jun 2024 | €29.1b | €27.8b | €1.1b | 23x | 25.5x | 1x |
| Sat, 11 May 2024 | €28.3b | €27.8b | €1.1b | 22.1x | 24.8x | 1x |
| Mon, 08 Apr 2024 | €26.7b | €29.0b | €1.0b | 19.8x | 26.5x | 0.9x |
| Wed, 06 Mar 2024 | €27.2b | €29.1b | €1.0b | 19x | 27.1x | 0.9x |
| Fri, 02 Feb 2024 | €28.1b | €29.3b | €1.0b | 19.3x | 27.6x | 1x |
| Sun, 31 Dec 2023 | €26.5b | €31.1b | €4.2b | 17.1x | 6.3x | 0.9x |
| Tue, 28 Nov 2023 | €27.1b | €31.1b | €4.2b | 16.7x | 6.4x | 0.9x |
| Thu, 26 Oct 2023 | €25.2b | €31.1b | €4.2b | 14.9x | 5.9x | 0.8x |
| Sat, 23 Sep 2023 | €29.2b | €32.3b | €4.5b | 18.1x | 6.5x | 0.9x |
| Mon, 21 Aug 2023 | €29.0b | €32.3b | €4.5b | 19.5x | 6.4x | 0.9x |
| Wed, 19 Jul 2023 | €29.9b | €32.4b | €4.7b | 23.4x | 6.4x | 0.9x |
| Fri, 16 Jun 2023 | €33.4b | €32.4b | €4.7b | 24.1x | 7.1x | 1x |
| Sun, 14 May 2023 | €32.5b | €32.4b | €4.7b | 26.2x | 6.9x | 1x |
| Tue, 11 Apr 2023 | €36.8b | €31.7b | €4.5b | 25.7x | 8.1x | 1.2x |
Price to Earnings Ratio
8.1x
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 56.5x which is higher than its 3-year average PE of 23.4x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.0x.
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 | 3.86% | |
| Tech | 6.72% | |
| Software | 7.49% | |
| Communications | 7.05% | |
| IT | 6.28% | |
| Electronic Equipment and Components | 2.51% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
Industry PE
- Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 21.2x.
- Analysts are expecting annual earnings growth of 23.6%, 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, which is trading close to its 3-year average of 22.1x.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 36% over the next 5 years.
- This is better than its past earnings decline of 64% 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 | |
|---|---|---|---|---|---|
| NOKIA Nokia Oyj | €7.35 | 7.0% +€2.7b | 65.4% | PE65.5x | |
| BITTI Bittium Oyj | €39.05 | 11.9% +€147.4m | 433.5% | PE65.1x | |
| TIETO Tieto Oyj | €19.17 | 7.0% +€142.9m | 23.9% | PE87.2x | |
| VAIAS Vaisala Oyj | €45.25 | 4.0% +€63.5m | 5.1% | PE27.5x | |
| QTCOM Qt Group Oyj | €19.24 | 4.1% +€19.3m | -72.7% | PE15.4x |
