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Finnish (OMX) Tech Sector Analysis
UpdatedApr 15, 2026
DataAggregated Company Financials
Companies30
- 7D14.8%
- 3M42.0%
- 1Y70.4%
- YTD45.8%
Over the last 7 days, the Tech industry has risen 14%, driven by gains from Nokia Oyj of 17%. This means that the industry has gained 71% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.
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, 15 Apr 2026 | €57.9b | €25.5b | €884.0m | 22.9x | 65.5x | 2.3x |
| Fri, 13 Mar 2026 | €48.7b | €25.4b | €879.2m | 23.8x | 55.3x | 1.9x |
| Sun, 08 Feb 2026 | €41.7b | €26.3b | €696.5m | 25.3x | 59.9x | 1.6x |
| Tue, 06 Jan 2026 | €40.2b | €26.3b | €905.7m | 25.4x | 44.4x | 1.5x |
| Thu, 04 Dec 2025 | €38.1b | €26.3b | €912.7m | 24.4x | 41.7x | 1.4x |
| Sat, 01 Nov 2025 | €40.6b | €26.3b | €910.3m | 28.8x | 44.6x | 1.5x |
| Mon, 29 Sep 2025 | €30.0b | €25.7b | €959.1m | 23.7x | 31.3x | 1.2x |
| Wed, 27 Aug 2025 | €28.6b | €25.7b | €964.5m | 24.3x | 29.6x | 1.1x |
| Fri, 25 Jul 2025 | €29.4b | €25.7b | €1.3b | 25.7x | 22.9x | 1.1x |
| Sun, 22 Jun 2025 | €32.6b | €25.7b | €1.4b | 25.5x | 23.9x | 1.3x |
| Tue, 20 May 2025 | €33.7b | €25.7b | €1.4b | 25.3x | 24.7x | 1.3x |
| Thu, 17 Apr 2025 | €33.3b | €25.8b | €1.9b | 22.9x | 17.7x | 1.3x |
| Sat, 15 Mar 2025 | €36.0b | €25.8b | €1.9b | 25.4x | 19.2x | 1.4x |
| Mon, 10 Feb 2025 | €34.5b | €25.8b | €2.1b | 20.4x | 16.8x | 1.3x |
| Wed, 08 Jan 2025 | €33.3b | €26.4b | €1.3b | 26.5x | 26.5x | 1.3x |
| Fri, 06 Dec 2024 | €30.4b | €26.4b | €1.3b | 23.6x | 24.2x | 1.2x |
| Sun, 03 Nov 2024 | €32.5b | €26.4b | €1.3b | 26x | 25.9x | 1.2x |
| Tue, 01 Oct 2024 | €31.1b | €26.8b | €1.3b | 23.5x | 24.7x | 1.2x |
| Thu, 29 Aug 2024 | €30.3b | €26.8b | €1.3b | 23.3x | 24x | 1.1x |
| Sat, 27 Jul 2024 | €28.8b | €26.9b | €1.3b | 21x | 23x | 1.1x |
| Mon, 24 Jun 2024 | €28.3b | €27.8b | €1.1b | 22.2x | 24.7x | 1x |
| Wed, 22 May 2024 | €29.0b | €27.8b | €1.1b | 21.9x | 25.5x | 1x |
| Fri, 19 Apr 2024 | €26.4b | €29.0b | €1.0b | 19.6x | 26.3x | 0.9x |
| Sun, 17 Mar 2024 | €27.6b | €29.0b | €1.0b | 18x | 27.4x | 1x |
| Tue, 13 Feb 2024 | €27.6b | €29.1b | €1.0b | 21.2x | 26.5x | 0.9x |
| Thu, 11 Jan 2024 | €27.2b | €31.1b | €4.2b | 17.3x | 6.4x | 0.9x |
| Sat, 09 Dec 2023 | €25.8b | €31.1b | €4.2b | 16.3x | 6.1x | 0.8x |
| Mon, 06 Nov 2023 | €26.7b | €31.1b | €4.2b | 15.1x | 6.3x | 0.9x |
| Wed, 04 Oct 2023 | €28.3b | €32.4b | €4.5b | 17.6x | 6.3x | 0.9x |
| Fri, 01 Sep 2023 | €30.2b | €32.3b | €4.5b | 19.4x | 6.7x | 0.9x |
| Sun, 30 Jul 2023 | €30.5b | €32.3b | €4.5b | 22.7x | 6.7x | 0.9x |
| Tue, 27 Jun 2023 | €31.7b | €32.4b | €4.7b | 24.1x | 6.8x | 1x |
| Thu, 25 May 2023 | €32.2b | €32.4b | €4.7b | 25.8x | 6.9x | 1x |
| Sat, 22 Apr 2023 | €33.1b | €32.3b | €4.7b | 26.4x | 7.1x | 1x |
Price to Earnings Ratio
7.1x
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 64.6x which is higher than its 3-year average PE of 23.9x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 43% 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 | 5.77% | |
| Tech | 14.78% | |
| Communications | 16.88% | |
| Software | 5.94% | |
| Electronic Equipment and Components | 5.62% | |
| IT | 0.55% | |
| 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 21.7x.
- 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, 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 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 | €8.74 | 16.9% +€7.1b | 93.3% | PE77.9x | |
| VAIAS Vaisala Oyj | €48.00 | 7.1% +€116.1m | 8.5% | PE29.1x | |
| BITTI Bittium Oyj | €39.90 | 8.7% +€113.7m | 407.6% | PE66.4x | |
| CANATU Canatu Oyj | €7.77 | 12.6% +€30.3m | -25.6% | PS16.2x | |
| ICP1V Incap Oyj | €10.30 | 9.3% +€25.9m | -6.2% | PE21.7x |
