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Finnish (OMX) Tech Sector Analysis
UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies31
- 7D2.6%
- 3M13.2%
- 1Y31.9%
- YTD10.3%
The Tech industry is up 3.5% in the last week, with Nokia Oyj up 2.5%. In the same time, Admicom Oyj was down 5.1%. This takes the industry's 12 month performance to a gain of 34%. As for the next few years, earnings are expected to grow by 6.9% 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 |
|---|---|---|---|---|---|---|
| Sun, 16 Feb 2025 | €35.3b | €25.8b | €1.9b | 21.2x | 19x | 1.4x |
| Tue, 14 Jan 2025 | €32.2b | €26.4b | €1.3b | 25.6x | 25.6x | 1.2x |
| Thu, 12 Dec 2024 | €31.5b | €26.4b | €1.3b | 24.7x | 25x | 1.2x |
| Sat, 09 Nov 2024 | €31.6b | €26.4b | €1.3b | 25x | 25.2x | 1.2x |
| Mon, 07 Oct 2024 | €31.3b | €26.8b | €1.3b | 24x | 24.8x | 1.2x |
| Wed, 04 Sep 2024 | €31.4b | €26.8b | €1.3b | 23.5x | 24.9x | 1.2x |
| Fri, 02 Aug 2024 | €29.6b | €26.9b | €1.3b | 21.6x | 23.6x | 1.1x |
| Sun, 30 Jun 2024 | €28.8b | €27.8b | €1.1b | 22.9x | 25.2x | 1x |
| Tue, 28 May 2024 | €29.2b | €27.8b | €1.1b | 23x | 25.6x | 1.1x |
| Thu, 25 Apr 2024 | €27.6b | €27.8b | €1.2b | 21x | 23.8x | 1x |
| Sat, 23 Mar 2024 | €27.0b | €29.0b | €1.0b | 18.6x | 26.8x | 0.9x |
| Mon, 19 Feb 2024 | €27.5b | €29.1b | €1.0b | 22.7x | 27x | 0.9x |
| Wed, 17 Jan 2024 | €27.5b | €31.1b | €4.2b | 17.1x | 6.5x | 0.9x |
| Fri, 15 Dec 2023 | €26.5b | €31.1b | €4.2b | 16.5x | 6.3x | 0.9x |
| Sun, 12 Nov 2023 | €26.9b | €31.1b | €4.2b | 16.4x | 6.4x | 0.9x |
| Tue, 10 Oct 2023 | €27.5b | €32.4b | €4.5b | 16.3x | 6.1x | 0.8x |
| Thu, 07 Sep 2023 | €30.6b | €32.3b | €4.5b | 17.9x | 6.8x | 0.9x |
| Sat, 05 Aug 2023 | €29.8b | €32.3b | €4.5b | 22.6x | 6.6x | 0.9x |
| Mon, 03 Jul 2023 | €32.4b | €32.4b | €4.7b | 23.9x | 6.9x | 1x |
| Wed, 31 May 2023 | €32.6b | €32.4b | €4.7b | 25x | 7x | 1x |
| Fri, 28 Apr 2023 | €32.8b | €32.4b | €4.7b | 26.7x | 7x | 1x |
| Sun, 26 Mar 2023 | €35.3b | €31.7b | €4.5b | 25.7x | 7.8x | 1.1x |
| Tue, 21 Feb 2023 | €36.7b | €31.8b | €4.5b | 28.6x | 8.1x | 1.2x |
| Thu, 19 Jan 2023 | €36.1b | €30.7b | €2.1b | 27.6x | 17.1x | 1.2x |
| Sat, 17 Dec 2022 | €34.9b | €30.7b | €2.1b | 28.4x | 16.5x | 1.1x |
| Mon, 14 Nov 2022 | €36.5b | €30.7b | €2.1b | 29.9x | 17.3x | 1.2x |
| Wed, 12 Oct 2022 | €34.6b | €29.6b | €2.1b | 25.1x | 16.7x | 1.2x |
| Fri, 09 Sep 2022 | €38.5b | €29.6b | €2.1b | 31.7x | 18.7x | 1.3x |
| Sun, 07 Aug 2022 | €39.8b | €29.6b | €2.1b | 27.2x | 19.3x | 1.3x |
| Tue, 05 Jul 2022 | €35.9b | €28.7b | €2.0b | 27.7x | 17.8x | 1.3x |
| Thu, 02 Jun 2022 | €37.6b | €28.7b | €2.0b | 25.8x | 18.7x | 1.3x |
| Sat, 30 Apr 2022 | €39.2b | €28.3b | €2.1b | 20.7x | 18.5x | 1.4x |
| Mon, 28 Mar 2022 | €39.8b | €28.3b | €2.1b | 25.4x | 18.8x | 1.4x |
| Wed, 23 Feb 2022 | €39.8b | €28.2b | €2.1b | 37.8x | 18.9x | 1.4x |
Price to Earnings Ratio
18.9x
Current Industry PE
- Investors are relatively neutral on the Finnish Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.8x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 2.9% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Finnish Tech sector?
| FI Market | 2.29% | |
| Tech | 2.65% | |
| Software | 6.41% | |
| Communications | 2.47% | |
| Electronic Equipment and Components | 2.39% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
| IT | -0.049% | |
Industry PE
- Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 126x.
- Analysts are expecting annual earnings growth of 23.9%, which is higher than its past year's earnings decline of 4.7% per year.
- Investors are most pessimistic about the Communications industry, which is trading close to its 3-year average of 15.4x.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings decline of 4.7% per year.
- In contrast, the Communications industry is expected to see its earnings grow by 2.8% 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 | €4.77 | 2.5% +€587.8m | 45.1% | PE15x | |
| QTCOM Qt Group Oyj | €88.65 | 11.9% +€239.9m | 16.0% | PE39.3x | |
| VAIAS Vaisala Oyj | €54.20 | 1.5% +€29.0m | 42.6% | PE35.6x | |
| ICP1V Incap Oyj | €11.95 | 6.5% +€21.5m | 63.5% | PE21.6x | |
| CANATU Canatu Oyj | €13.00 | 4.8% +€20.6m | 33.5% | PE230.8x |
