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- 7D-0.4%
- 3M-1.9%
- 1Y10.2%
- YTD0.5%
The IT industry is up 3.6% in the last week, with Digia Oyj up 1.1%. In the last 12 months, the industry was up 15%. 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, 08 Apr 2026 | €2.6b | €2.5b | €47.9m | 23x | 54.7x | 1.1x |
| Fri, 06 Mar 2026 | €2.7b | €2.5b | €41.6m | 27.7x | 64.9x | 1.1x |
| Sun, 01 Feb 2026 | €2.7b | €3.4b | -€115,000,404.00 | 29.1x | -23.1x | 0.8x |
| Tue, 30 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 28.9x | -22.9x | 0.8x |
| Thu, 27 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 27.7x | -22.3x | 0.8x |
| Sat, 25 Oct 2025 | €2.7b | €3.4b | -€114,673,404.00 | 30.6x | -23.2x | 0.8x |
| Mon, 22 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 16.9x | -18.7x | 0.7x |
| Wed, 20 Aug 2025 | €2.3b | €3.4b | -€129,171,404.00 | 18.4x | -18.2x | 0.7x |
| Fri, 18 Jul 2025 | €2.6b | €3.4b | -€44,142,404.00 | 19x | -58.5x | 0.8x |
| Sun, 15 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.9x | -57.5x | 0.7x |
| Tue, 13 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 17.3x | -56.8x | 0.7x |
| Thu, 10 Apr 2025 | €2.3b | €3.4b | -€30,026,404.00 | 14.7x | -76.8x | 0.7x |
| Sat, 08 Mar 2025 | €3.0b | €3.4b | -€30,026,000.00 | 17.9x | -99.7x | 0.9x |
| Mon, 03 Feb 2025 | €2.9b | €3.5b | €190.9m | 16.3x | 15x | 0.8x |
| Wed, 01 Jan 2025 | €2.7b | €3.5b | €190.9m | 16.4x | 14.1x | 0.8x |
| Fri, 29 Nov 2024 | €2.7b | €3.5b | €190.9m | 16.4x | 14.1x | 0.8x |
| Sun, 27 Oct 2024 | €2.8b | €3.5b | €191.0m | 15.8x | 14.5x | 0.8x |
| Tue, 24 Sep 2024 | €2.8b | €3.5b | €194.5m | 16.5x | 14.2x | 0.8x |
| Thu, 22 Aug 2024 | €2.9b | €3.5b | €194.4m | 16.8x | 14.8x | 0.8x |
| Sat, 20 Jul 2024 | €2.8b | €3.5b | €190.6m | 13.9x | 14.9x | 0.8x |
| Mon, 17 Jun 2024 | €2.8b | €3.5b | €190.3m | 13.9x | 14.7x | 0.8x |
| Wed, 15 May 2024 | €2.9b | €3.5b | €190.3m | 14.6x | 15.5x | 0.8x |
| Fri, 12 Apr 2024 | €3.0b | €3.5b | €201.6m | 14.8x | 14.6x | 0.8x |
| Sun, 10 Mar 2024 | €3.2b | €3.5b | €201.6m | 14.6x | 15.8x | 0.9x |
| Tue, 06 Feb 2024 | €3.2b | €3.5b | €217.2m | 16.7x | 14.8x | 0.9x |
| Thu, 04 Jan 2024 | €3.2b | €3.5b | €217.0m | 17.2x | 14.9x | 0.9x |
| Sat, 02 Dec 2023 | €3.2b | €3.5b | €217.0m | 16.4x | 14.6x | 0.9x |
| Mon, 30 Oct 2023 | €3.0b | €3.5b | €217.4m | 15.3x | 14x | 0.9x |
| Wed, 27 Sep 2023 | €3.2b | €3.6b | €232.7m | 17.7x | 13.8x | 0.9x |
| Fri, 25 Aug 2023 | €3.4b | €3.6b | €232.6m | 19.1x | 14.4x | 0.9x |
| Sun, 23 Jul 2023 | €3.5b | €3.5b | €231.4m | 24.8x | 15x | 1x |
| Tue, 20 Jun 2023 | €4.1b | €3.6b | €229.0m | 31.4x | 17.8x | 1.1x |
| Thu, 18 May 2023 | €4.1b | €3.6b | €229.0m | 29.9x | 17.7x | 1.1x |
| Sat, 15 Apr 2023 | €4.5b | €3.5b | €210.5m | 32.9x | 21.3x | 1.3x |
Price to Earnings Ratio
21.3x
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 56.3x which is higher than its 3-year average PE of -2.1x.
- 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 | 1.67% | |
| Tech | 8.17% | |
| IT | -0.36% | |
| IT Consulting | -0.36% | |
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 35.5%, 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 | |
|---|---|---|---|---|---|
| DIGIA Digia Oyj | €5.66 | 1.1% +€1.6m | -11.8% | PE11.8x | |
| DWF Digital Workforce Services Oyj | €2.32 | 3.1% +€802.1k | -32.9% | PS0.9x | |
| NETUM Netum Group Oyj | €1.10 | 4.8% +€628.7k | -49.5% | PE16.1x |
