Have your own idea? Try our Stock Screener
- 7D-0.8%
- 3M-2.0%
- 1Y-0.2%
- YTD-2.8%
The IT is pretty flat in the last 7 days, but Gofore Oyj has stood out, gaining 3.4%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 35% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 29 Mar 2026 | €2.5b | €2.5b | €47.9m | 22.7x | 53x | 1x |
| Tue, 24 Feb 2026 | €2.7b | €2.5b | €44.3m | 29.4x | 60.3x | 1.1x |
| Thu, 22 Jan 2026 | €2.8b | €3.4b | -€115,000,404.00 | 29.4x | -24x | 0.8x |
| Sat, 20 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 28.9x | -23x | 0.8x |
| Mon, 17 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 29.5x | -22.9x | 0.8x |
| Wed, 15 Oct 2025 | €2.3b | €3.4b | -€129,171,404.00 | 15.1x | -18.1x | 0.7x |
| Fri, 12 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17x | -18.7x | 0.7x |
| Sun, 10 Aug 2025 | €2.4b | €3.4b | -€122,607,404.00 | 16.5x | -19.4x | 0.7x |
| Tue, 08 Jul 2025 | €2.5b | €3.4b | -€44,142,404.00 | 19.2x | -57.7x | 0.7x |
| Thu, 05 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.5x | -57.5x | 0.7x |
| Sat, 03 May 2025 | €2.4b | €3.4b | -€44,142,404.00 | 17x | -55.5x | 0.7x |
| Mon, 31 Mar 2025 | €2.6b | €3.4b | -€30,026,404.00 | 17x | -85.7x | 0.7x |
| Wed, 26 Feb 2025 | €2.8b | €3.4b | -€32,936,884.00 | 19x | -86.3x | 0.8x |
| Fri, 24 Jan 2025 | €2.8b | €3.5b | €190.9m | 15.9x | 14.5x | 0.8x |
| Sun, 22 Dec 2024 | €2.6b | €3.5b | €190.9m | 16x | 13.8x | 0.8x |
| Tue, 19 Nov 2024 | €2.7b | €3.5b | €191.0m | 15.9x | 14x | 0.8x |
| Thu, 17 Oct 2024 | €2.7b | €3.5b | €194.5m | 15.8x | 13.9x | 0.8x |
| Sat, 14 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.7x | 14.8x | 0.8x |
| Mon, 12 Aug 2024 | €2.8b | €3.5b | €194.6m | 13.4x | 14.4x | 0.8x |
| Wed, 10 Jul 2024 | €2.8b | €3.5b | €190.6m | 13.8x | 14.7x | 0.8x |
| Fri, 07 Jun 2024 | €3.0b | €3.5b | €190.3m | 14.4x | 15.6x | 0.9x |
| Sun, 05 May 2024 | €2.8b | €3.5b | €190.3m | 13.9x | 14.9x | 0.8x |
| Tue, 02 Apr 2024 | €3.0b | €3.5b | €201.6m | 14.4x | 14.7x | 0.9x |
| Thu, 29 Feb 2024 | €3.2b | €3.5b | €201.8m | 15.1x | 16x | 0.9x |
| Sat, 27 Jan 2024 | €3.3b | €3.5b | €217.0m | 16.8x | 15.3x | 0.9x |
| Mon, 25 Dec 2023 | €3.3b | €3.5b | €217.0m | 16.7x | 15.2x | 0.9x |
| Wed, 22 Nov 2023 | €3.2b | €3.5b | €217.0m | 17x | 15x | 0.9x |
| Fri, 20 Oct 2023 | €3.2b | €3.6b | €232.7m | 17.1x | 13.7x | 0.9x |
| Sun, 17 Sep 2023 | €3.4b | €3.6b | €232.6m | 18.5x | 14.8x | 1x |
| Tue, 15 Aug 2023 | €3.4b | €3.6b | €230.9m | 22.1x | 14.9x | 1x |
| Thu, 13 Jul 2023 | €3.8b | €3.6b | €228.1m | 30.2x | 16.7x | 1.1x |
| Sat, 10 Jun 2023 | €4.0b | €3.6b | €229.0m | 30.8x | 17.3x | 1.1x |
| Mon, 08 May 2023 | €4.1b | €3.6b | €229.0m | 30.2x | 18x | 1.2x |
| Wed, 05 Apr 2023 | €4.4b | €3.5b | €211.1m | 32.9x | 20.7x | 1.3x |
Price to Earnings Ratio
20.7x
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 53.0x which is higher than its 3-year average PE of -2.4x.
- 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 | -2.01% | |
| Tech | -0.90% | |
| IT | -0.82% | |
| IT Consulting | -0.82% | |
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 | €13.20 | 3.4% +€7.0m | -35.5% | PE22.7x | |
| NETUM Netum Group Oyj | €1.11 | 4.7% +€628.7k | -51.7% | PE16.3x |