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- 7D-4.5%
- 3M-2.9%
- 1Y-9.0%
- YTD-3.7%
Over the last 7 days, the IT industry has dropped 3.1%, driven by TietoEVRY Oyj declining 4.7%. However, the industry is down 9.0% over the past year. 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 |
|---|---|---|---|---|---|---|
| Wed, 25 Mar 2026 | €2.5b | €2.5b | €47.9m | 21.7x | 52.6x | 1x |
| Fri, 20 Feb 2026 | €2.8b | €2.5b | €44.0m | 29.4x | 62.5x | 1.1x |
| Sun, 18 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 30.8x | -23.6x | 0.8x |
| Tue, 16 Dec 2025 | €2.7b | €3.4b | -€115,000,404.00 | 28.9x | -23.1x | 0.8x |
| Thu, 13 Nov 2025 | €2.7b | €3.4b | -€115,000,404.00 | 29.2x | -23.2x | 0.8x |
| Sat, 11 Oct 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16x | -18x | 0.7x |
| Mon, 08 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17.4x | -18.8x | 0.7x |
| Wed, 06 Aug 2025 | €2.4b | €3.4b | -€121,662,404.00 | 15.9x | -19.8x | 0.7x |
| Fri, 04 Jul 2025 | €2.6b | €3.4b | -€44,142,404.00 | 18x | -57.8x | 0.7x |
| Sun, 01 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.6x | -57.3x | 0.7x |
| Tue, 29 Apr 2025 | €2.5b | €3.4b | -€30,788,404.00 | 16.7x | -81.2x | 0.7x |
| Thu, 27 Mar 2025 | €2.6b | €3.4b | -€30,026,104.00 | 16.7x | -87.8x | 0.8x |
| Sat, 22 Feb 2025 | €2.8b | €3.4b | -€32,936,884.00 | 19x | -85.6x | 0.8x |
| Mon, 20 Jan 2025 | €2.8b | €3.5b | €190.9m | 16x | 14.4x | 0.8x |
| Wed, 18 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.1x | 13.9x | 0.8x |
| Fri, 15 Nov 2024 | €2.7b | €3.5b | €191.0m | 16.8x | 14.2x | 0.8x |
| Sun, 13 Oct 2024 | €2.7b | €3.5b | €194.5m | 16.3x | 13.8x | 0.8x |
| Tue, 10 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.8x | 14.7x | 0.8x |
| Thu, 08 Aug 2024 | €2.8b | €3.5b | €193.6m | 13.9x | 14.5x | 0.8x |
| Sat, 06 Jul 2024 | €2.9b | €3.5b | €190.6m | 14.1x | 15.2x | 0.8x |
| Mon, 03 Jun 2024 | €2.9b | €3.5b | €190.3m | 14.2x | 15.4x | 0.8x |
| Wed, 01 May 2024 | €2.8b | €3.5b | €190.3m | 13.8x | 14.6x | 0.8x |
| Fri, 29 Mar 2024 | €3.0b | €3.5b | €201.6m | 14.4x | 14.7x | 0.9x |
| Sun, 25 Feb 2024 | €3.3b | €3.5b | €201.0m | 16.6x | 16.3x | 0.9x |
| Tue, 23 Jan 2024 | €3.2b | €3.5b | €217.0m | 16.8x | 14.9x | 0.9x |
| Thu, 21 Dec 2023 | €3.3b | €3.5b | €217.0m | 16.4x | 15.1x | 0.9x |
| Sat, 18 Nov 2023 | €3.3b | €3.5b | €217.0m | 17.3x | 15.1x | 0.9x |
| Mon, 16 Oct 2023 | €3.2b | €3.6b | €232.7m | 17.9x | 13.9x | 0.9x |
| Wed, 13 Sep 2023 | €3.4b | €3.6b | €232.6m | 18.3x | 14.8x | 1x |
| Fri, 11 Aug 2023 | €3.5b | €3.5b | €231.4m | 24.6x | 15x | 1x |
| Sun, 09 Jul 2023 | €3.8b | €3.6b | €228.1m | 29.7x | 16.4x | 1.1x |
| Tue, 06 Jun 2023 | €4.0b | €3.6b | €229.0m | 29.9x | 17.4x | 1.1x |
| Thu, 04 May 2023 | €4.4b | €3.6b | €213.4m | 30.5x | 20.5x | 1.2x |
| Sat, 01 Apr 2023 | €4.3b | €3.5b | €211.1m | 32.9x | 20.6x | 1.2x |
Price to Earnings Ratio
20.6x
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 52.9x which is higher than its 3-year average PE of -2.5x.
- 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 | -4.18% | |
| Tech | -5.45% | |
| IT | -4.52% | |
| IT Consulting | -4.52% | |
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 | |
|---|---|---|---|---|---|
| DWF Digital Workforce Services Oyj | €2.33 | 2.2% +€571.5k | -38.7% | PS0.9x |