Narrative Update • Jun 05
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- 7D0.5%
- 3M5.5%
- 1Y13.4%
- YTD8.7%
The IT industry has stayed flat over the last week. The past year has been better, since the industry has gained 13% in that time. Looking forward, earnings are forecast to grow by 25% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | €2.8b | €2.5b | €94.8m | 21.4x | 29.8x | 1.1x |
| Tue, 05 May 2026 | €2.7b | €2.5b | €95.6m | 22.9x | 28.4x | 1.1x |
| Thu, 02 Apr 2026 | €2.7b | €2.5b | €47.9m | 23.6x | 55.8x | 1.1x |
| Sat, 28 Feb 2026 | €2.7b | €2.5b | €46.2m | 28x | 58.4x | 1.1x |
| Mon, 26 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 29.7x | -23.8x | 0.8x |
| Wed, 24 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 29.2x | -22.8x | 0.8x |
| Fri, 21 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 28.2x | -22.4x | 0.8x |
| Sun, 19 Oct 2025 | €2.4b | €3.4b | -€129,171,404.00 | 15.6x | -18.7x | 0.7x |
| Tue, 16 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17x | -18.5x | 0.7x |
| Thu, 14 Aug 2025 | €2.3b | €3.4b | -€123,436,404.00 | 16.3x | -18.7x | 0.7x |
| Sat, 12 Jul 2025 | €2.6b | €3.4b | -€44,142,404.00 | 19.2x | -59.8x | 0.8x |
| Mon, 09 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.7x | -57.3x | 0.7x |
| Wed, 07 May 2025 | €2.4b | €3.4b | -€44,142,404.00 | 16.5x | -55.3x | 0.7x |
| Fri, 04 Apr 2025 | €2.5b | €3.4b | -€30,026,404.00 | 16.3x | -84x | 0.7x |
| Sun, 02 Mar 2025 | €2.8b | €3.4b | -€30,509,884.00 | 17.8x | -92.7x | 0.8x |
| Tue, 28 Jan 2025 | €2.8b | €3.5b | €190.9m | 16x | 14.7x | 0.8x |
| Thu, 26 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.2x | 13.9x | 0.8x |
| Sat, 23 Nov 2024 | €2.6b | €3.5b | €191.0m | 15.5x | 13.8x | 0.8x |
| Mon, 21 Oct 2024 | €2.8b | €3.5b | €194.5m | 15.9x | 14.3x | 0.8x |
| Wed, 18 Sep 2024 | €2.9b | €3.5b | €194.5m | 16x | 15x | 0.8x |
| Fri, 16 Aug 2024 | €2.9b | €3.5b | €192.9m | 17x | 14.9x | 0.8x |
| Sun, 14 Jul 2024 | €2.9b | €3.5b | €190.6m | 14x | 15.1x | 0.8x |
| Tue, 11 Jun 2024 | €2.9b | €3.5b | €190.3m | 14.3x | 15.5x | 0.8x |
| Thu, 09 May 2024 | €2.9b | €3.5b | €190.3m | 14.3x | 15.2x | 0.8x |
| Sat, 06 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.7x | 14.6x | 0.8x |
| Mon, 04 Mar 2024 | €3.3b | €3.5b | €198.8m | 15.1x | 16.4x | 0.9x |
| Wed, 31 Jan 2024 | €3.3b | €3.5b | €217.0m | 16.9x | 15.3x | 0.9x |
| Fri, 29 Dec 2023 | €3.3b | €3.5b | €217.0m | 16.9x | 15.3x | 0.9x |
| Sun, 26 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.5x | 14.9x | 0.9x |
| Tue, 24 Oct 2023 | €3.1b | €3.6b | €233.1m | 16.6x | 13.4x | 0.9x |
| Thu, 21 Sep 2023 | €3.3b | €3.6b | €232.6m | 18.2x | 14.4x | 0.9x |
| Sat, 19 Aug 2023 | €3.4b | €3.6b | €230.5m | 19.3x | 14.6x | 0.9x |
| Mon, 17 Jul 2023 | €3.8b | €3.6b | €228.1m | 27.1x | 16.6x | 1.1x |
| Wed, 14 Jun 2023 | €4.1b | €3.6b | €229.0m | 31.2x | 17.8x | 1.1x |
Price to Earnings Ratio
17.8x
Current Industry PE
- Investors are pessimistic on the Finnish IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 29.8x which is higher than its 3-year average PE of -1.0x.
- The 3-year average PS ratio of 0.86x 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 25% per year over the last three years,
- Revenues have also declined 11% 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 | 0.27% | |
| Tech | 3.64% | |
| IT | 0.52% | |
| IT Consulting | 0.52% | |
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 24.5%, which is higher than its past year's earnings decline of 41.8% 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 25% over the next 5 years.
- This is better than its past earnings decline of 42% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 25% 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 Tieto Oyj | €20.80 | 0.8% +€18.5m | 30.2% | PE32.3x | |
| DIGIA Digia Oyj | €5.96 | 0.7% +€1.1m | -20.7% | PE13.4x | |
| NETUM Netum Group Oyj | €1.15 | 2.7% +€377.7k | -39.2% | PE16.9x | |
| DIGIGR Digitalist Group | €2.10 | 1.9% +€109.8k | -74.2% | PS0.3x |
