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- 7D0.7%
- 3M2.8%
- 1Y-9.0%
- YTD3.0%
Over the last 7 days, the IT industry has remained flat, although notably TietoEVRY Oyj gained 3.4%. As for the longer term, the industry has declined 9.0% in the last year. 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 |
|---|---|---|---|---|---|---|
| Tue, 10 Mar 2026 | €2.7b | €2.5b | €46.2m | 28.1x | 58.7x | 1.1x |
| Thu, 05 Feb 2026 | €2.6b | €3.4b | -€115,000,404.00 | 28.2x | -22.3x | 0.8x |
| Sat, 03 Jan 2026 | €2.6b | €3.4b | -€115,000,404.00 | 29.2x | -23x | 0.8x |
| Mon, 01 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 27.5x | -22.5x | 0.8x |
| Wed, 29 Oct 2025 | €2.7b | €3.4b | -€115,000,404.00 | 30.2x | -23.2x | 0.8x |
| Fri, 26 Sep 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16.4x | -18x | 0.7x |
| Sun, 24 Aug 2025 | €2.4b | €3.4b | -€129,171,404.00 | 18.3x | -18.6x | 0.7x |
| Tue, 22 Jul 2025 | €2.6b | €3.4b | -€45,562,404.00 | 16.6x | -56.8x | 0.8x |
| Thu, 19 Jun 2025 | €2.6b | €3.4b | -€44,142,404.00 | 18.8x | -57.8x | 0.7x |
| Sat, 17 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.2x | -57.3x | 0.7x |
| Mon, 14 Apr 2025 | €2.4b | €3.4b | -€30,026,404.00 | 15x | -79.7x | 0.7x |
| Wed, 12 Mar 2025 | €3.0b | €3.4b | -€30,026,000.00 | 17.7x | -99.4x | 0.9x |
| Fri, 07 Feb 2025 | €2.9b | €3.5b | €190.9m | 16.9x | 15.1x | 0.8x |
| Sun, 05 Jan 2025 | €2.8b | €3.5b | €190.9m | 16.7x | 14.5x | 0.8x |
| Tue, 03 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.4x | 14.1x | 0.8x |
| Thu, 31 Oct 2024 | €2.8b | €3.5b | €191.0m | 15.3x | 14.4x | 0.8x |
| Sat, 28 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.6x | 14.8x | 0.8x |
| Mon, 26 Aug 2024 | €2.9b | €3.5b | €194.5m | 17x | 14.9x | 0.8x |
| Wed, 24 Jul 2024 | €2.9b | €3.5b | €190.6m | 14.1x | 15.2x | 0.8x |
| Fri, 21 Jun 2024 | €2.9b | €3.5b | €190.3m | 14x | 15x | 0.8x |
| Sun, 19 May 2024 | €3.0b | €3.5b | €190.3m | 15.1x | 15.9x | 0.9x |
| Tue, 16 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.7x | 14.5x | 0.8x |
| Thu, 14 Mar 2024 | €3.2b | €3.5b | €201.6m | 14.8x | 15.7x | 0.9x |
| Sat, 10 Feb 2024 | €3.2b | €3.5b | €217.2m | 16.4x | 14.9x | 0.9x |
| Mon, 08 Jan 2024 | €3.3b | €3.5b | €217.0m | 16.9x | 15.1x | 0.9x |
| Wed, 06 Dec 2023 | €3.1b | €3.5b | €217.0m | 16.2x | 14.4x | 0.9x |
| Fri, 03 Nov 2023 | €3.1b | €3.5b | €217.0m | 16.3x | 14.5x | 0.9x |
| Sun, 01 Oct 2023 | €3.3b | €3.6b | €232.7m | 17.8x | 14.1x | 0.9x |
| Tue, 29 Aug 2023 | €3.4b | €3.6b | €232.6m | 19.5x | 14.7x | 1x |
| Thu, 27 Jul 2023 | €3.6b | €3.5b | €231.4m | 25.6x | 15.5x | 1x |
| Sat, 24 Jun 2023 | €3.9b | €3.6b | €228.1m | 30.4x | 17.1x | 1.1x |
| Mon, 22 May 2023 | €4.1b | €3.6b | €229.0m | 30x | 17.8x | 1.1x |
| Wed, 19 Apr 2023 | €4.5b | €3.5b | €210.5m | 33.7x | 21.1x | 1.3x |
| Fri, 17 Mar 2023 | €4.2b | €3.5b | €211.1m | 33.7x | 20x | 1.2x |
Price to Earnings Ratio
20x
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 58.7x which is higher than its 3-year average PE of -3.0x.
- 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 40% 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 | -3.09% | |
| Tech | 2.58% | |
| IT | 0.66% | |
| IT Consulting | 0.66% | |
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 34.5%, 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 | |
|---|---|---|---|---|---|
| TIETO TietoEVRY Oyj | €18.63 | 0.8% +€13.4m | -6.1% | PE85.5x | |
| GOFORE Gofore Oyj | €12.98 | 3.2% +€6.4m | -41.1% | PE22.4x | |
| DIGIGR Digitalist Group | €2.12 | 11.6% +€603.5k | -37.6% | PS0.4x |
