Risks To Shareholder Returns Are Elevated At These Prices For TietoEVRY Oyj (HEL:TIETO)
Dec 03
Have your own idea? Try our Stock Screener
Finnish (OMX) Tech Sector Analysis
UpdatedDec 03, 2025
DataAggregated Company Financials
Companies30
- 7D1.4%
- 3M29.9%
- 1Y21.0%
- YTD14.6%
In the last week, the Tech industry is up 1.3%, with Nokia Oyj up 1.6%. During this same period, the Scanfil Oyj underperformed, falling 6.7%. This means that the industry has gained 21% over the past year. Earnings are forecast to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Wed, 03 Dec 2025 | €38.3b | €26.3b | €912.7m | 24.4x | 41.9x | 1.5x |
| Fri, 31 Oct 2025 | €42.2b | €26.3b | €910.3m | 29.8x | 46.4x | 1.6x |
| Sun, 28 Sep 2025 | €30.0b | €25.7b | €959.1m | 23.7x | 31.3x | 1.2x |
| Tue, 26 Aug 2025 | €28.9b | €25.7b | €964.5m | 24.4x | 29.9x | 1.1x |
| Thu, 24 Jul 2025 | €29.5b | €25.4b | €1.3b | 25.1x | 23.2x | 1.2x |
| Sat, 21 Jun 2025 | €32.6b | €25.7b | €1.4b | 25.5x | 23.9x | 1.3x |
| Mon, 19 May 2025 | €33.7b | €25.7b | €1.4b | 25x | 24.7x | 1.3x |
| Wed, 16 Apr 2025 | €32.9b | €25.8b | €1.9b | 23.4x | 17.5x | 1.3x |
| Fri, 14 Mar 2025 | €35.4b | €25.8b | €1.9b | 25.6x | 18.8x | 1.4x |
| Sun, 09 Feb 2025 | €34.5b | €25.8b | €2.1b | 20.4x | 16.8x | 1.3x |
| Tue, 07 Jan 2025 | €32.0b | €26.4b | €1.3b | 25.3x | 25.4x | 1.2x |
| Thu, 05 Dec 2024 | €29.9b | €26.4b | €1.3b | 24.2x | 23.8x | 1.1x |
| Sat, 02 Nov 2024 | €32.4b | €26.4b | €1.3b | 26x | 25.8x | 1.2x |
| Mon, 30 Sep 2024 | €31.2b | €26.8b | €1.3b | 23.8x | 24.7x | 1.2x |
| Wed, 28 Aug 2024 | €30.2b | €26.8b | €1.3b | 22.5x | 24x | 1.1x |
| Fri, 26 Jul 2024 | €28.8b | €26.9b | €1.2b | 21.6x | 23.2x | 1.1x |
| Sun, 23 Jun 2024 | €28.3b | €27.8b | €1.1b | 22.2x | 24.7x | 1x |
| Tue, 21 May 2024 | €29.2b | €27.8b | €1.1b | 21.9x | 25.6x | 1.1x |
| Thu, 18 Apr 2024 | €26.1b | €29.0b | €1.0b | 19.6x | 25.9x | 0.9x |
| Sat, 16 Mar 2024 | €27.6b | €29.0b | €1.0b | 18x | 27.4x | 1x |
| Mon, 12 Feb 2024 | €27.4b | €29.1b | €1.0b | 21x | 26.4x | 0.9x |
| Wed, 10 Jan 2024 | €27.3b | €31.1b | €4.2b | 17.3x | 6.5x | 0.9x |
| Fri, 08 Dec 2023 | €25.1b | €31.1b | €4.2b | 16.2x | 5.9x | 0.8x |
| Sun, 05 Nov 2023 | €26.7b | €31.1b | €4.2b | 15.1x | 6.3x | 0.9x |
| Tue, 03 Oct 2023 | €28.7b | €32.4b | €4.5b | 17.3x | 6.4x | 0.9x |
| Thu, 31 Aug 2023 | €30.0b | €32.3b | €4.5b | 19.5x | 6.6x | 0.9x |
| Sat, 29 Jul 2023 | €30.5b | €32.2b | €4.5b | 22.7x | 6.7x | 0.9x |
| Mon, 26 Jun 2023 | €31.9b | €32.4b | €4.7b | 24.7x | 6.8x | 1x |
| Wed, 24 May 2023 | €32.8b | €32.4b | €4.7b | 26.4x | 7x | 1x |
| Fri, 21 Apr 2023 | €33.3b | €32.3b | €4.7b | 27x | 7.2x | 1x |
| Sun, 19 Mar 2023 | €35.2b | €31.7b | €4.5b | 27.5x | 7.7x | 1.1x |
| Tue, 14 Feb 2023 | €35.7b | €31.7b | €4.5b | 28.5x | 7.9x | 1.1x |
| Thu, 12 Jan 2023 | €36.5b | €30.7b | €2.1b | 27.8x | 17.3x | 1.2x |
| Sat, 10 Dec 2022 | €37.0b | €30.7b | €2.1b | 28.9x | 17.5x | 1.2x |
Price to Earnings Ratio
17.5x
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 41.8x which is higher than its 3-year average PE of 19.2x.
- 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 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 | 1.69% | |
| Tech | 1.40% | |
| IT | 2.00% | |
| Communications | 1.60% | |
| Software | 1.02% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
| Electronic Equipment and Components | -1.15% | |
Industry PE
- Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 117x.
- Analysts are expecting annual earnings growth of 36.7%, 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 | |
|---|---|---|---|---|---|
| NOKIA Nokia Oyj | €5.31 | 1.6% +€469.8m | 31.8% | PE35x | |
| TIETO TietoEVRY Oyj | €18.30 | 2.6% +€54.5m | 7.5% | PS0.8x | |
| BITTI Bittium Oyj | €19.60 | 2.6% +€17.8m | 176.8% | PE107.6x | |
| VAIAS Vaisala Oyj | €42.95 | 0.8% +€12.7m | -11.4% | PE24.8x | |
| CANATU Canatu Oyj | €8.26 | 3.3% +€9.0m | -27.5% | PS25.6x |
