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- 7D0.5%
- 3M-2.5%
- 1Y9.3%
- YTD1.0%
Over the last 7 days, the IT industry has dropped 3.4%, driven by a pullback from Siili Solutions Oyj of 2.6%. Over the past 12 months, the industry was up 8.7%. 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 |
|---|---|---|---|---|---|---|
| Wed, 15 Apr 2026 | €2.6b | €2.5b | €47.9m | 23.9x | 54.9x | 1.1x |
| Fri, 13 Mar 2026 | €2.7b | €2.5b | €47.9m | 22.7x | 55.9x | 1.1x |
| Sun, 08 Feb 2026 | €2.5b | €3.4b | -€113,799,404.00 | 26.4x | -22.4x | 0.7x |
| Tue, 06 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 28.5x | -23.1x | 0.8x |
| Thu, 04 Dec 2025 | €2.7b | €3.4b | -€115,000,404.00 | 27.6x | -23.2x | 0.8x |
| Sat, 01 Nov 2025 | €2.7b | €3.4b | -€115,000,404.00 | 30.5x | -23.5x | 0.8x |
| Mon, 29 Sep 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16.6x | -17.9x | 0.7x |
| Wed, 27 Aug 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17.9x | -18.6x | 0.7x |
| Fri, 25 Jul 2025 | €2.4b | €3.4b | -€121,662,404.00 | 16.7x | -20.1x | 0.7x |
| Sun, 22 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 22.4x | -57.2x | 0.7x |
| Tue, 20 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.3x | -57x | 0.7x |
| Thu, 17 Apr 2025 | €2.5b | €3.4b | -€30,026,404.00 | 15.2x | -82x | 0.7x |
| Sat, 15 Mar 2025 | €3.0b | €3.4b | -€30,026,105.00 | 17.1x | -98.6x | 0.9x |
| Mon, 10 Feb 2025 | €2.8b | €3.5b | €190.9m | 16.5x | 14.9x | 0.8x |
| Wed, 08 Jan 2025 | €2.8b | €3.5b | €190.9m | 16.8x | 14.8x | 0.8x |
| Fri, 06 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.2x | 14.3x | 0.8x |
| Sun, 03 Nov 2024 | €2.7b | €3.5b | €191.0m | 15.7x | 14.3x | 0.8x |
| Tue, 01 Oct 2024 | €2.9b | €3.5b | €194.5m | 16.6x | 14.7x | 0.8x |
| Thu, 29 Aug 2024 | €2.9b | €3.5b | €194.5m | 16.9x | 15x | 0.8x |
| Sat, 27 Jul 2024 | €2.9b | €3.5b | €193.6m | 13.9x | 14.9x | 0.8x |
| Mon, 24 Jun 2024 | €2.9b | €3.5b | €190.3m | 14x | 15x | 0.8x |
| Wed, 22 May 2024 | €3.0b | €3.5b | €190.3m | 14.9x | 15.8x | 0.9x |
| Fri, 19 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.5x | 14.3x | 0.8x |
| Sun, 17 Mar 2024 | €3.0b | €3.5b | €201.6m | 14.5x | 15.1x | 0.9x |
| Tue, 13 Feb 2024 | €3.2b | €3.5b | €218.0m | 16.1x | 14.9x | 0.9x |
| Thu, 11 Jan 2024 | €3.3b | €3.5b | €217.0m | 17.3x | 15.1x | 0.9x |
| Sat, 09 Dec 2023 | €3.2b | €3.5b | €217.0m | 16.3x | 14.7x | 0.9x |
| Mon, 06 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.1x | 14.6x | 0.9x |
| Wed, 04 Oct 2023 | €3.2b | €3.6b | €232.7m | 17.7x | 13.9x | 0.9x |
| Fri, 01 Sep 2023 | €3.5b | €3.6b | €232.6m | 19.4x | 14.9x | 1x |
| Sun, 30 Jul 2023 | €3.6b | €3.5b | €231.4m | 25.5x | 15.6x | 1x |
| Tue, 27 Jun 2023 | €3.9b | €3.6b | €228.1m | 30.1x | 17x | 1.1x |
| Thu, 25 May 2023 | €4.0b | €3.6b | €229.0m | 29.8x | 17.5x | 1.1x |
| Sat, 22 Apr 2023 | €4.4b | €3.5b | €210.5m | 33.5x | 20.8x | 1.2x |
Price to Earnings Ratio
20.8x
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 54.3x which is higher than its 3-year average PE of -1.9x.
- The 3-year average PS ratio of 0.86x is lower than the industry's current PS ratio of 1.0x.
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 | 5.77% | |
| Tech | 14.78% | |
| IT | 0.55% | |
| IT Consulting | 0.55% | |
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 63.5% 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 64% 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 | €13.80 | 3.4% +€7.4m | -21.1% | PE23.9x | |
| DIGIA Digia Oyj | €5.74 | 1.4% +€2.1m | -13.6% | PE11.9x | |
| DWF Digital Workforce Services Oyj | €2.44 | 5.2% +€1.4m | -29.7% | PS1x | |
| WITTED Witted Megacorp Oyj | €1.36 | 3.8% +€773.3k | 12.4% | PS0.4x | |
| DIGIGR Digitalist Group | €1.96 | 16.4% +€755.0k | -81.4% | PS0.3x |