TietoEVRY Oyj (HEL:TIETO) Has Announced A Dividend Of €0.75
May 15
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Finnish (OMX) IT Industry Analysis
UpdatedJun 07, 2025
DataAggregated Company Financials
Companies7
- 7D-0.04%
- 3M-15.6%
- 1Y-14.2%
- YTD-7.6%
The IT is pretty flat in the last 7 days, but Digia Oyj has stood out, gaining 4.2%. Unfortunately though, the industry is down 14% over the past 12 months. Earnings are forecast to grow by 51% 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 |
|---|---|---|---|---|---|---|
| Sat, 07 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.7x | -56.7x | 0.7x |
| Mon, 05 May 2025 | €2.4b | €3.4b | -€44,142,404.00 | 17x | -55.5x | 0.7x |
| Wed, 02 Apr 2025 | €2.6b | €3.4b | -€30,026,404.00 | 16.6x | -85.7x | 0.7x |
| Fri, 28 Feb 2025 | €2.9b | €3.4b | -€30,509,884.00 | 17.7x | -93.6x | 0.8x |
| Sun, 26 Jan 2025 | €2.8b | €3.5b | €190.9m | 15.8x | 14.7x | 0.8x |
| Tue, 24 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.2x | 13.9x | 0.8x |
| Thu, 21 Nov 2024 | €2.6b | €3.5b | €191.0m | 15.6x | 13.8x | 0.8x |
| Sat, 19 Oct 2024 | €2.8b | €3.5b | €194.5m | 15.9x | 14.3x | 0.8x |
| Mon, 16 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.7x | 14.8x | 0.8x |
| Wed, 14 Aug 2024 | €2.8b | €3.5b | €194.6m | 13.8x | 14.5x | 0.8x |
| Fri, 12 Jul 2024 | €2.9b | €3.5b | €190.6m | 14.1x | 15.2x | 0.8x |
| Sun, 09 Jun 2024 | €2.9b | €3.5b | €190.3m | 14.4x | 15.5x | 0.8x |
| Tue, 07 May 2024 | €2.8b | €3.5b | €190.3m | 13.7x | 14.9x | 0.8x |
| Thu, 04 Apr 2024 | €3.0b | €3.5b | €201.6m | 14.5x | 14.8x | 0.9x |
| Sat, 02 Mar 2024 | €3.2b | €3.5b | €202.1m | 15.1x | 16x | 0.9x |
| Mon, 29 Jan 2024 | €3.3b | €3.5b | €217.0m | 16.8x | 15.3x | 0.9x |
| Wed, 27 Dec 2023 | €3.3b | €3.5b | €217.0m | 16.7x | 15.2x | 0.9x |
| Fri, 24 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.7x | 14.9x | 0.9x |
| Sun, 22 Oct 2023 | €3.1b | €3.6b | €233.1m | 17.1x | 13.5x | 0.9x |
| Tue, 19 Sep 2023 | €3.4b | €3.6b | €232.6m | 18.3x | 14.6x | 1x |
| Thu, 17 Aug 2023 | €3.4b | €3.6b | €230.5m | 19.1x | 14.7x | 1x |
| Sat, 15 Jul 2023 | €3.8b | €3.6b | €228.1m | 27.1x | 16.6x | 1.1x |
| Mon, 12 Jun 2023 | €4.0b | €3.6b | €229.0m | 30.8x | 17.3x | 1.1x |
| Wed, 10 May 2023 | €4.1b | €3.6b | €229.0m | 29.8x | 17.8x | 1.1x |
| Fri, 07 Apr 2023 | €4.4b | €3.5b | €211.1m | 33.4x | 20.8x | 1.3x |
| Sun, 05 Mar 2023 | €4.6b | €401.1m | €195.7m | 35.4x | 23.3x | 11.4x |
| Tue, 31 Jan 2023 | €4.2b | €3.4b | €226.3m | 21.3x | 18.8x | 1.2x |
| Thu, 29 Dec 2022 | €4.0b | €3.4b | €226.3m | 20.9x | 17.6x | 1.2x |
| Sat, 26 Nov 2022 | €3.9b | €3.4b | €226.3m | 19.4x | 17.4x | 1.2x |
| Mon, 24 Oct 2022 | €3.6b | €3.4b | €215.3m | 18.7x | 16.7x | 1.1x |
| Wed, 21 Sep 2022 | €3.7b | €3.3b | €220.2m | 17.7x | 16.7x | 1.1x |
| Fri, 19 Aug 2022 | €4.0b | €3.3b | €219.1m | 25.1x | 18.5x | 1.2x |
| Sun, 17 Jul 2022 | €3.8b | €3.3b | €312.9m | 23.3x | 12x | 1.1x |
| Tue, 14 Jun 2022 | €3.5b | €3.3b | €312.9m | 22.1x | 11.2x | 1.1x |
Price to Earnings Ratio
11.2x
Current Industry PE
- Investors are pessimistic on the Finnish IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- Total earnings for the IT industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Finnish Tech industry?
| FI Market | 0.77% | |
| Tech | 2.84% | |
| IT | -0.04% | |
| IT Consulting | -0.04% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 51% 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 | €7.52 | 4.2% +€8.0m | 35.3% | PE15.9x | |
| GOFORE Gofore Oyj | €18.74 | 1.4% +€4.1m | -28.2% | PE21.3x | |
| DIGIGR Digitalist Group | €0.033 | 15.6% +€3.0m | 340.5% | PS1.4x | |
| DWF Digital Workforce Services Oyj | €3.30 | 1.5% +€549.0k | -26.7% | PE62.7x |
