Narrative Update • Jun 26
Have your own idea? Try our Stock Screener
- 7D-1.0%
- 3M-7.1%
- 1Y6.3%
- YTD-5.6%
The IT industry has stayed flat over the last week. The past year has been better, since the industry has gained 6.3% in that time. Earnings are forecast to grow by 23% 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, 22 Jul 2026 | €2.4b | €2.5b | €94.1m | 17.4x | 26x | 1x |
| Fri, 19 Jun 2026 | €2.6b | €2.5b | €94.8m | 19.8x | 27.2x | 1x |
| Sun, 17 May 2026 | €2.7b | €2.5b | €94.6m | 22.2x | 28.4x | 1.1x |
| Tue, 14 Apr 2026 | €2.6b | €2.5b | €47.9m | 23.5x | 54.3x | 1x |
| Thu, 12 Mar 2026 | €2.7b | €2.5b | €47.9m | 22.6x | 55.8x | 1.1x |
| Sat, 07 Feb 2026 | €2.5b | €3.4b | -€113,799,404.00 | 26.4x | -22.4x | 0.7x |
| Mon, 05 Jan 2026 | €2.6b | €3.4b | -€115,000,404.00 | 29.2x | -23x | 0.8x |
| Wed, 03 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 27.4x | -22.9x | 0.8x |
| Fri, 31 Oct 2025 | €2.7b | €3.4b | -€115,000,404.00 | 30.7x | -23.2x | 0.8x |
| Sun, 28 Sep 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16.6x | -17.9x | 0.7x |
| Tue, 26 Aug 2025 | €2.4b | €3.4b | -€129,171,404.00 | 18.2x | -18.8x | 0.7x |
| Thu, 24 Jul 2025 | €2.4b | €3.2b | -€135,062,404.00 | 16.5x | -17.6x | 0.8x |
| Sat, 21 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 22.4x | -57.2x | 0.7x |
| Mon, 19 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.2x | -57.3x | 0.7x |
| Wed, 16 Apr 2025 | €2.4b | €3.4b | -€30,026,404.00 | 15.4x | -81.3x | 0.7x |
| Fri, 14 Mar 2025 | €2.9b | €3.4b | -€30,026,105.00 | 17.1x | -97.8x | 0.9x |
| Sun, 09 Feb 2025 | €2.8b | €3.5b | €190.9m | 16.5x | 14.9x | 0.8x |
| Tue, 07 Jan 2025 | €2.8b | €3.5b | €190.9m | 16.7x | 14.5x | 0.8x |
| Thu, 05 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.3x | 14.2x | 0.8x |
| Sat, 02 Nov 2024 | €2.7b | €3.5b | €191.0m | 15.7x | 14.3x | 0.8x |
| Mon, 30 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.6x | 14.8x | 0.8x |
| Wed, 28 Aug 2024 | €2.9b | €3.5b | €194.5m | 16.9x | 14.9x | 0.8x |
| Fri, 26 Jul 2024 | €2.9b | €3.5b | €193.6m | 13.9x | 14.8x | 0.8x |
| Sun, 23 Jun 2024 | €2.9b | €3.5b | €190.3m | 14x | 15x | 0.8x |
| Tue, 21 May 2024 | €3.0b | €3.5b | €190.3m | 14.9x | 16x | 0.9x |
| Thu, 18 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.6x | 14.2x | 0.8x |
| Sat, 16 Mar 2024 | €3.0b | €3.5b | €201.6m | 14.5x | 15.1x | 0.9x |
| Mon, 12 Feb 2024 | €3.2b | €3.5b | €218.0m | 15.9x | 14.8x | 0.9x |
| Wed, 10 Jan 2024 | €3.3b | €3.5b | €217.0m | 17.3x | 15.1x | 0.9x |
| Fri, 08 Dec 2023 | €3.1b | €3.5b | €217.0m | 16.2x | 14.5x | 0.9x |
| Sun, 05 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.1x | 14.6x | 0.9x |
| Tue, 03 Oct 2023 | €3.3b | €3.6b | €232.7m | 17.8x | 14.1x | 0.9x |
| Thu, 31 Aug 2023 | €3.5b | €3.6b | €232.6m | 19.4x | 14.9x | 1x |
| Sat, 29 Jul 2023 | €3.6b | €3.5b | €231.4m | 25.5x | 15.6x | 1x |
Price to Earnings Ratio
15.6x
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 26.0x which is higher than its 3-year average PE of -0.59x.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 26% 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 | -0.46% | |
| Tech | -7.46% | |
| IT | -0.96% | |
| IT Consulting | -0.96% | |
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 22.9%, which is higher than its past year's earnings decline of 23.6% 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 23% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 23% 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 | |
|---|---|---|---|---|---|
| DWF Digital Workforce Services Oyj | €2.62 | 1.9% +€573.2k | -23.4% | PS0.9x | |
| SIILI Siili Solutions Oyj | €3.00 | 2.0% +€486.5k | -54.4% | PS0.2x |