Have your own idea? Try our Stock Screener
Finnish (OMX) IT Industry Analysis
UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies7
- 7D11.9%
- 3M5.3%
- 1Y-4.0%
- YTD2.6%
Over the last 7 days, the IT industry has risen 4.7%, driven by gains from TietoEVRY Oyj of 16%. During this same period, the Gofore Oyj underperformed, falling 6.6%. However, the industry is down 8.0% over the past year. Earnings are forecast to grow by 37% 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 |
|---|---|---|---|---|---|---|
| Thu, 19 Feb 2026 | €2.7b | €2.5b | €44.0m | 29.2x | 61.7x | 1.1x |
| Sat, 17 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 30.8x | -23.6x | 0.8x |
| Mon, 15 Dec 2025 | €2.7b | €3.4b | -€115,000,404.00 | 29.2x | -23.1x | 0.8x |
| Wed, 12 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 29.6x | -23x | 0.8x |
| Fri, 10 Oct 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16.3x | -18.2x | 0.7x |
| Sun, 07 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17.4x | -18.8x | 0.7x |
| Tue, 05 Aug 2025 | €2.4b | €3.4b | -€121,662,404.00 | 15.8x | -19.6x | 0.7x |
| Thu, 03 Jul 2025 | €2.5b | €3.4b | -€44,142,404.00 | 17.9x | -57.5x | 0.7x |
| Sat, 31 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.6x | -57.3x | 0.7x |
| Mon, 28 Apr 2025 | €2.5b | €3.4b | -€30,788,404.00 | 16.7x | -80.7x | 0.7x |
| Wed, 26 Mar 2025 | €2.8b | €3.4b | -€30,026,104.00 | 16.9x | -93.2x | 0.8x |
| Fri, 21 Feb 2025 | €2.8b | €3.4b | -€30,954,884.00 | 17.7x | -90.5x | 0.8x |
| Sun, 19 Jan 2025 | €2.8b | €3.5b | €190.9m | 16x | 14.4x | 0.8x |
| Tue, 17 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.2x | 14x | 0.8x |
| Thu, 14 Nov 2024 | €2.7b | €3.5b | €191.0m | 16.9x | 14.1x | 0.8x |
| Sat, 12 Oct 2024 | €2.7b | €3.5b | €194.5m | 16.3x | 13.8x | 0.8x |
| Mon, 09 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.8x | 14.7x | 0.8x |
| Wed, 07 Aug 2024 | €2.7b | €3.5b | €193.6m | 13.6x | 14.2x | 0.8x |
| Fri, 05 Jul 2024 | €2.9b | €3.5b | €190.6m | 14.1x | 15.2x | 0.8x |
| Sun, 02 Jun 2024 | €2.9b | €3.5b | €190.3m | 14.2x | 15.4x | 0.8x |
| Tue, 30 Apr 2024 | €2.8b | €3.5b | €190.3m | 13.8x | 14.8x | 0.8x |
| Thu, 28 Mar 2024 | €3.0b | €3.5b | €201.6m | 14.6x | 14.7x | 0.9x |
| Sat, 24 Feb 2024 | €3.3b | €3.5b | €201.0m | 16.6x | 16.3x | 0.9x |
| Mon, 22 Jan 2024 | €3.3b | €3.5b | €217.0m | 16.7x | 15x | 0.9x |
| Wed, 20 Dec 2023 | €3.3b | €3.5b | €217.0m | 16.7x | 15.2x | 0.9x |
| Fri, 17 Nov 2023 | €3.2b | €3.5b | €217.0m | 17.2x | 15x | 0.9x |
| Sun, 15 Oct 2023 | €3.2b | €3.6b | €232.7m | 17.9x | 13.9x | 0.9x |
| Tue, 12 Sep 2023 | €3.5b | €3.6b | €232.6m | 18.4x | 15x | 1x |
| Thu, 10 Aug 2023 | €3.5b | €3.5b | €231.4m | 24.2x | 15.1x | 1x |
| Sat, 08 Jul 2023 | €3.7b | €3.6b | €228.1m | 29.7x | 16.4x | 1.1x |
| Mon, 05 Jun 2023 | €4.0b | €3.6b | €229.0m | 29.4x | 17.5x | 1.1x |
| Wed, 03 May 2023 | €4.3b | €3.6b | €213.4m | 30.9x | 20.4x | 1.2x |
| Fri, 31 Mar 2023 | €4.3b | €3.5b | €211.1m | 32.9x | 20.4x | 1.2x |
| Sun, 26 Feb 2023 | €4.5b | €3.3b | €200.4m | 34.5x | 22.3x | 1.4x |
Price to Earnings Ratio
22.3x
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 60.7x which is higher than its 3-year average PE of -3.7x.
- The 3-year average PS ratio of 0.88x 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 40% per year over the last three years,
- Revenues have also declined 9.1% 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 | 0.44% | |
| Tech | 3.49% | |
| IT | 11.89% | |
| IT Consulting | 11.89% | |
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 36.5%, which is higher than its past year's earnings decline of 61.6% 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 37% over the next 5 years.
- This is better than its past earnings decline of 62% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 37% 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 TietoEVRY Oyj | €19.27 | 15.6% +€305.0m | 6.9% | PE89x | |
| NETUM Netum Group Oyj | €1.11 | 5.7% +€754.4k | -59.5% | PS0.3x | |
| DWF Digital Workforce Services Oyj | €2.59 | 2.8% +€753.8k | -37.4% | PS1.1x | |
| WITTED Witted Megacorp Oyj | €1.38 | 2.6% +€541.3k | -3.2% | PS0.4x |
