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- 7D1.1%
- 3M-2.0%
- 1Y9.7%
- YTD2.1%
The IT industry has been flat over the last week, but Gofore Oyj has lost 3.9%. As for the the longer term, the industry is up 8.6% 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 |
|---|---|---|---|---|---|---|
| Wed, 22 Apr 2026 | €2.7b | €2.5b | €47.9m | 22.9x | 55.4x | 1.1x |
| Fri, 20 Mar 2026 | €2.6b | €2.5b | €47.9m | 22.2x | 54.4x | 1x |
| Sun, 15 Feb 2026 | €2.8b | €2.5b | €44.0m | 29.9x | 62.6x | 1.1x |
| Tue, 13 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 31.3x | -23.5x | 0.8x |
| Thu, 11 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 27.9x | -22.7x | 0.8x |
| Sat, 08 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 29.9x | -22.6x | 0.8x |
| Mon, 06 Oct 2025 | €2.4b | €3.4b | -€129,171,404.00 | 16.7x | -18.3x | 0.7x |
| Wed, 03 Sep 2025 | €2.4b | €3.4b | -€133,507,404.00 | 17.8x | -17.9x | 0.7x |
| Fri, 01 Aug 2025 | €2.4b | €3.4b | -€121,662,404.00 | 16.4x | -19.8x | 0.7x |
| Sun, 29 Jun 2025 | €2.6b | €3.4b | -€44,142,404.00 | 18.3x | -57.9x | 0.8x |
| Tue, 27 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.7x | -56.7x | 0.7x |
| Thu, 24 Apr 2025 | €2.5b | €3.4b | -€30,263,404.00 | 16.9x | -82.8x | 0.7x |
| Sat, 22 Mar 2025 | €2.9b | €3.4b | -€30,026,105.00 | 16.8x | -95.2x | 0.8x |
| Mon, 17 Feb 2025 | €2.8b | €3.4b | -€32,106,397.00 | 16.8x | -88.6x | 0.8x |
| Wed, 15 Jan 2025 | €2.7b | €3.5b | €190.9m | 16.2x | 14.1x | 0.8x |
| Fri, 13 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.6x | 14.4x | 0.8x |
| Sun, 10 Nov 2024 | €2.7b | €3.5b | €191.0m | 16.2x | 14.4x | 0.8x |
| Tue, 08 Oct 2024 | €2.7b | €3.5b | €194.5m | 16.2x | 13.8x | 0.8x |
| Thu, 05 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.9x | 14.8x | 0.8x |
| Sat, 03 Aug 2024 | €2.8b | €3.5b | €193.6m | 13.8x | 14.4x | 0.8x |
| Mon, 01 Jul 2024 | €2.8b | €3.5b | €190.6m | 14x | 14.9x | 0.8x |
| Wed, 29 May 2024 | €3.0b | €3.5b | €190.3m | 14.7x | 15.7x | 0.9x |
| Fri, 26 Apr 2024 | €2.7b | €3.5b | €190.3m | 14.2x | 14.3x | 0.8x |
| Sun, 24 Mar 2024 | €2.9b | €3.5b | €201.6m | 14.6x | 14.5x | 0.8x |
| Tue, 20 Feb 2024 | €3.3b | €3.5b | €198.3m | 16.7x | 16.5x | 0.9x |
| Thu, 18 Jan 2024 | €3.3b | €3.5b | €217.0m | 16.7x | 15x | 0.9x |
| Sat, 16 Dec 2023 | €3.2b | €3.5b | €217.0m | 16.7x | 14.9x | 0.9x |
| Mon, 13 Nov 2023 | €3.1b | €3.5b | €217.0m | 16.4x | 14.5x | 0.9x |
| Wed, 11 Oct 2023 | €3.3b | €3.6b | €232.7m | 17.1x | 14x | 0.9x |
| Fri, 08 Sep 2023 | €3.5b | €3.6b | €232.6m | 19.3x | 14.9x | 1x |
| Sun, 06 Aug 2023 | €3.5b | €3.5b | €231.4m | 25.1x | 15.1x | 1x |
| Tue, 04 Jul 2023 | €3.8b | €3.6b | €228.1m | 30.4x | 16.8x | 1.1x |
| Thu, 01 Jun 2023 | €3.9b | €3.6b | €229.0m | 28.7x | 17.2x | 1.1x |
| Sat, 29 Apr 2023 | €4.4b | €3.6b | €213.4m | 31x | 20.4x | 1.2x |
Price to Earnings Ratio
20.4x
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 54.7x which is higher than its 3-year average PE of -1.7x.
- The 3-year average PS ratio of 0.86x 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 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 | -0.72% | |
| Tech | 1.06% | |
| IT | 1.06% | |
| IT Consulting | 1.06% | |
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 | |
|---|---|---|---|---|---|
| TIETO Tieto Oyj | €18.97 | 1.7% +€33.0m | 20.4% | PE86x | |
| DIGIGR Digitalist Group | €2.25 | 15.1% +€810.0k | -73.4% | PS0.4x | |
| SIILI Siili Solutions Oyj | €3.50 | 2.6% +€729.8k | -42.8% | PE30.3x | |
| DWF Digital Workforce Services Oyj | €2.50 | 2.5% +€687.5k | -29.0% | PS1x | |
| NETUM Netum Group Oyj | €1.14 | 3.6% +€502.9k | -45.2% | PE16.7x |
