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- 7D-1.3%
- 3M1.5%
- 1Y-12.0%
- YTD0.9%
Over the last 7 days, the IT industry has dropped 1.3%, driven by a pullback from TietoEVRY Oyj of 1.9%. However, the industry is down 12% over the past year. Looking forward, earnings are forecast to grow by 35% 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 |
|---|---|---|---|---|---|---|
| Thu, 19 Mar 2026 | €2.6b | €2.5b | €47.9m | 23.2x | 55.2x | 1.1x |
| Sat, 14 Feb 2026 | €2.8b | €2.5b | €44.0m | 29.9x | 62.7x | 1.1x |
| Mon, 12 Jan 2026 | €2.8b | €3.4b | -€115,000,404.00 | 31x | -24.1x | 0.8x |
| Wed, 10 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 27.7x | -22.8x | 0.8x |
| Fri, 07 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 30x | -22.6x | 0.8x |
| Sun, 05 Oct 2025 | €2.4b | €3.4b | -€129,171,404.00 | 16.7x | -18.3x | 0.7x |
| Tue, 02 Sep 2025 | €2.4b | €3.4b | -€133,507,404.00 | 18x | -18.3x | 0.7x |
| Thu, 31 Jul 2025 | €2.4b | €3.4b | -€121,662,404.00 | 16.6x | -19.8x | 0.7x |
| Sat, 28 Jun 2025 | €2.6b | €3.4b | -€44,142,404.00 | 18.3x | -57.9x | 0.8x |
| Mon, 26 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 17.8x | -55.7x | 0.7x |
| Wed, 23 Apr 2025 | €2.5b | €3.4b | -€30,263,404.00 | 16.2x | -81.2x | 0.7x |
| Fri, 21 Mar 2025 | €2.9b | €3.4b | -€30,026,105.00 | 16.9x | -96.9x | 0.8x |
| Sun, 16 Feb 2025 | €2.8b | €3.4b | -€32,106,397.00 | 16.8x | -88.6x | 0.8x |
| Tue, 14 Jan 2025 | €2.7b | €3.5b | €190.9m | 15.7x | 14.3x | 0.8x |
| Thu, 12 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.7x | 14.4x | 0.8x |
| Sat, 09 Nov 2024 | €2.7b | €3.5b | €191.0m | 16.2x | 14.4x | 0.8x |
| Mon, 07 Oct 2024 | €2.8b | €3.5b | €194.5m | 16.4x | 14.3x | 0.8x |
| Wed, 04 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.7x | 14.8x | 0.8x |
| Fri, 02 Aug 2024 | €2.9b | €3.5b | €193.6m | 14.1x | 14.8x | 0.8x |
| Sun, 30 Jun 2024 | €2.8b | €3.5b | €190.6m | 14x | 14.9x | 0.8x |
| Tue, 28 May 2024 | €3.0b | €3.5b | €190.3m | 14.6x | 15.8x | 0.9x |
| Thu, 25 Apr 2024 | €2.9b | €3.5b | €200.5m | 14.2x | 14.5x | 0.8x |
| Sat, 23 Mar 2024 | €2.9b | €3.5b | €201.6m | 14.6x | 14.5x | 0.8x |
| Mon, 19 Feb 2024 | €3.3b | €3.5b | €198.3m | 16.5x | 16.5x | 0.9x |
| Wed, 17 Jan 2024 | €3.3b | €3.5b | €217.0m | 17.1x | 15.4x | 0.9x |
| Fri, 15 Dec 2023 | €3.2b | €3.5b | €217.0m | 16.5x | 14.8x | 0.9x |
| Sun, 12 Nov 2023 | €3.1b | €3.5b | €217.0m | 16.4x | 14.5x | 0.9x |
| Tue, 10 Oct 2023 | €3.2b | €3.6b | €232.7m | 17x | 13.8x | 0.9x |
| Thu, 07 Sep 2023 | €3.5b | €3.6b | €232.6m | 19.2x | 15x | 1x |
| Sat, 05 Aug 2023 | €3.5b | €3.5b | €231.4m | 25.1x | 15.1x | 1x |
| Mon, 03 Jul 2023 | €3.9b | €3.6b | €228.1m | 30.4x | 17.2x | 1.1x |
| Wed, 31 May 2023 | €3.9b | €3.6b | €229.0m | 29.2x | 17.1x | 1.1x |
| Fri, 28 Apr 2023 | €4.4b | €3.6b | €213.4m | 31.2x | 20.5x | 1.2x |
| Sun, 26 Mar 2023 | €4.2b | €3.5b | €211.1m | 33.2x | 19.8x | 1.2x |
Price to Earnings Ratio
19.8x
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 55.2x which is higher than its 3-year average PE of -2.7x.
- 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 39% 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 | 2.38% | |
| Tech | 9.42% | |
| IT | -1.31% | |
| IT Consulting | -1.31% | |
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 35.4%, 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 35% 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 35% 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 | €13.46 | 2.7% +€5.7m | -35.1% | PE23.2x | |
| DIGIA Digia Oyj | €6.14 | 3.4% +€5.3m | -11.0% | PE12.8x | |
| NETUM Netum Group Oyj | €1.10 | 6.8% +€880.2k | -54.2% | PE16.1x | |
| WITTED Witted Megacorp Oyj | €1.39 | 1.1% +€232.0k | 1.1% | PS0.4x | |
| SIILI Siili Solutions Oyj | €3.74 | 0.3% +€81.1k | -38.3% | PE32.4x |
