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- 7D1.2%
- 3M2.7%
- 1Y-5.4%
- YTD2.3%
The IT industry is up 1.2% in the last week, with Gofore Oyj up 13%. However, the industry is down 5.4% over the past year. Earnings are forecast to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Mon, 02 Mar 2026 | €2.7b | €2.5b | €41.6m | 28x | 64.9x | 1.1x |
| Wed, 28 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 29.6x | -23.8x | 0.8x |
| Fri, 26 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 29.2x | -22.8x | 0.8x |
| Sun, 23 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 28.2x | -22.4x | 0.8x |
| Tue, 21 Oct 2025 | €2.4b | €3.4b | -€129,171,404.00 | 16x | -18.8x | 0.7x |
| Thu, 18 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 16.9x | -18.8x | 0.7x |
| Sat, 16 Aug 2025 | €2.3b | €3.4b | -€128,262,404.00 | 18.6x | -18.2x | 0.7x |
| Mon, 14 Jul 2025 | €2.6b | €3.4b | -€44,142,404.00 | 18.9x | -58.5x | 0.8x |
| Wed, 11 Jun 2025 | €2.6b | €3.4b | -€44,142,404.00 | 18.8x | -57.8x | 0.7x |
| Fri, 09 May 2025 | €2.4b | €3.4b | -€44,142,404.00 | 16.6x | -55x | 0.7x |
| Sun, 06 Apr 2025 | €2.4b | €3.4b | -€30,026,404.00 | 16.1x | -81.5x | 0.7x |
| Tue, 04 Mar 2025 | €2.9b | €3.4b | -€30,026,000.00 | 17.8x | -95.1x | 0.8x |
| Thu, 30 Jan 2025 | €2.9b | €3.5b | €190.9m | 15.8x | 14.9x | 0.8x |
| Sat, 28 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.4x | 14.2x | 0.8x |
| Mon, 25 Nov 2024 | €2.6b | €3.5b | €190.9m | 16.2x | 13.8x | 0.8x |
| Wed, 23 Oct 2024 | €2.8b | €3.5b | €194.5m | 15.4x | 14.3x | 0.8x |
| Fri, 20 Sep 2024 | €3.0b | €3.5b | €194.5m | 16.4x | 15.2x | 0.8x |
| Sun, 18 Aug 2024 | €2.9b | €3.5b | €193.5m | 17x | 14.8x | 0.8x |
| Tue, 16 Jul 2024 | €2.9b | €3.5b | €190.6m | 14x | 15x | 0.8x |
| Thu, 13 Jun 2024 | €2.9b | €3.5b | €190.3m | 14.4x | 15.2x | 0.8x |
| Sat, 11 May 2024 | €2.9b | €3.5b | €190.3m | 14.2x | 15.3x | 0.8x |
| Mon, 08 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.7x | 14.6x | 0.8x |
| Wed, 06 Mar 2024 | €3.2b | €3.5b | €198.3m | 14.6x | 15.9x | 0.9x |
| Fri, 02 Feb 2024 | €3.4b | €3.5b | €217.0m | 16.8x | 15.5x | 0.9x |
| Sun, 31 Dec 2023 | €3.3b | €3.5b | €217.0m | 17.1x | 15.3x | 0.9x |
| Tue, 28 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.7x | 14.8x | 0.9x |
| Thu, 26 Oct 2023 | €3.1b | €3.6b | €233.1m | 15.8x | 13.4x | 0.9x |
| Sat, 23 Sep 2023 | €3.3b | €3.6b | €232.7m | 17.8x | 14x | 0.9x |
| Mon, 21 Aug 2023 | €3.4b | €3.6b | €230.5m | 19.3x | 14.6x | 0.9x |
| Wed, 19 Jul 2023 | €3.8b | €3.6b | €228.1m | 26.1x | 16.5x | 1.1x |
| Fri, 16 Jun 2023 | €4.1b | €3.6b | €229.0m | 31.5x | 17.9x | 1.2x |
| Sun, 14 May 2023 | €4.1b | €3.6b | €229.0m | 29.3x | 17.9x | 1.1x |
| Tue, 11 Apr 2023 | €4.4b | €3.5b | €211.1m | 33.4x | 20.8x | 1.3x |
| Thu, 09 Mar 2023 | €4.4b | €3.3b | €201.5m | 35x | 22x | 1.3x |
Price to Earnings Ratio
22x
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 -3.3x.
- The 3-year average PS ratio of 0.88x 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 41% per year over the last three years,
- Revenues have also declined 8.8% 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 | 0.26% | |
| Tech | 0.66% | |
| IT | 1.22% | |
| IT Consulting | 1.22% | |
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 34.4%, 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 | |
|---|---|---|---|---|---|
| GOFORE Gofore Oyj | €12.62 | 12.9% +€20.4m | -41.6% | PE21.7x |
