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- 7D2.4%
- 3M1.3%
- 1Y-9.9%
- YTD2.4%
In the last week, the IT industry is up 2.4%, with TietoEVRY Oyj up 0.7%. In the past year, the industry is down 9.9%. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Finnish IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 07 Mar 2026 | €2.7b | €2.5b | €41.6m | 27.7x | 64.9x | 1.1x |
| Mon, 02 Feb 2026 | €2.7b | €3.4b | -€115,000,404.00 | 29.1x | -23.1x | 0.8x |
| Wed, 31 Dec 2025 | €2.7b | €3.4b | -€115,000,404.00 | 29.1x | -23.2x | 0.8x |
| Fri, 28 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 27.7x | -22.4x | 0.8x |
| Sun, 26 Oct 2025 | €2.7b | €3.4b | -€115,000,404.00 | 30.6x | -23.2x | 0.8x |
| Tue, 23 Sep 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16.8x | -18.2x | 0.7x |
| Thu, 21 Aug 2025 | €2.3b | €3.4b | -€129,171,404.00 | 18.1x | -18.2x | 0.7x |
| Sat, 19 Jul 2025 | €2.6b | €3.4b | -€44,142,404.00 | 18.9x | -58.6x | 0.8x |
| Mon, 16 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.9x | -57.5x | 0.7x |
| Wed, 14 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.1x | -57.6x | 0.7x |
| Fri, 11 Apr 2025 | €2.4b | €3.4b | -€30,026,404.00 | 15.2x | -78.9x | 0.7x |
| Sun, 09 Mar 2025 | €3.0b | €3.4b | -€30,026,000.00 | 17.9x | -99.7x | 0.9x |
| Tue, 04 Feb 2025 | €2.9b | €3.5b | €190.9m | 16x | 15x | 0.8x |
| Thu, 02 Jan 2025 | €2.7b | €3.5b | €190.9m | 16.4x | 14.1x | 0.8x |
| Sat, 30 Nov 2024 | €2.7b | €3.5b | €190.9m | 15.8x | 14x | 0.8x |
| Mon, 28 Oct 2024 | €2.8b | €3.5b | €191.0m | 15.8x | 14.5x | 0.8x |
| Wed, 25 Sep 2024 | €2.8b | €3.5b | €194.5m | 16.5x | 14.3x | 0.8x |
| Fri, 23 Aug 2024 | €2.9b | €3.5b | €194.4m | 16.9x | 14.8x | 0.8x |
| Sun, 21 Jul 2024 | €2.8b | €3.5b | €190.6m | 13.9x | 14.9x | 0.8x |
| Tue, 18 Jun 2024 | €2.8b | €3.5b | €190.3m | 14x | 14.8x | 0.8x |
| Thu, 16 May 2024 | €3.0b | €3.5b | €190.3m | 15x | 15.8x | 0.9x |
| Sat, 13 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.7x | 14.6x | 0.8x |
| Mon, 11 Mar 2024 | €3.2b | €3.5b | €201.6m | 14.6x | 15.8x | 0.9x |
| Wed, 07 Feb 2024 | €3.3b | €3.5b | €217.2m | 16.6x | 15x | 0.9x |
| Fri, 05 Jan 2024 | €3.3b | €3.5b | €217.0m | 17.1x | 15.1x | 0.9x |
| Sun, 03 Dec 2023 | €3.2b | €3.5b | €217.0m | 16.4x | 14.6x | 0.9x |
| Tue, 31 Oct 2023 | €3.0b | €3.5b | €217.4m | 15.3x | 13.9x | 0.9x |
| Thu, 28 Sep 2023 | €3.2b | €3.6b | €232.7m | 17.5x | 13.9x | 0.9x |
| Sat, 26 Aug 2023 | €3.4b | €3.6b | €232.6m | 19.3x | 14.5x | 0.9x |
| Mon, 24 Jul 2023 | €3.5b | €3.5b | €231.4m | 24.8x | 15x | 1x |
| Wed, 21 Jun 2023 | €4.0b | €3.6b | €229.2m | 30.6x | 17.7x | 1.1x |
| Fri, 19 May 2023 | €4.1b | €3.6b | €229.0m | 29.9x | 17.7x | 1.1x |
| Sun, 16 Apr 2023 | €4.5b | €3.5b | €210.5m | 32.9x | 21.3x | 1.3x |
| Tue, 14 Mar 2023 | €4.3b | €3.5b | €211.1m | 34.3x | 20.3x | 1.2x |
Price to Earnings Ratio
20.3x
Current Industry PE
- Investors are optimistic on the Finnish IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 64.9x which is higher than its 3-year average PE of -3.1x.
- The 3-year average PS ratio of 0.87x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 42% per year over the last three years,
- Revenues have also declined 10% 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 industry?
| FI Market | -1.76% | |
| Tech | 5.45% | |
| IT | 2.41% | |
| IT Consulting | 2.41% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 34.3%, which is higher than its past year's earnings decline of 53.4% per year.
- Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings decline of 53% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 34% 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 | |
|---|---|---|---|---|---|
| TIETO TietoEVRY Oyj | €19.11 | 0.7% +€11.9m | -2.5% | PE87.8x | |
| GOFORE Gofore Oyj | €13.28 | 2.6% +€5.4m | -39.6% | PE22.9x | |
| DIGIGR Digitalist Group | €2.20 | 7.3% +€410.5k | -36.2% | PS0.4x | |
| NETUM Netum Group Oyj | €1.03 | 1.0% +€125.7k | -57.1% | PS0.3x |
