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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 |
|---|---|---|---|---|---|---|
| Mon, 09 Mar 2026 | €2.7b | €2.5b | €46.2m | 28.1x | 58.7x | 1.1x |
| Wed, 04 Feb 2026 | €2.6b | €3.4b | -€115,000,404.00 | 29x | -22.5x | 0.8x |
| Fri, 02 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 29.1x | -23.2x | 0.8x |
| Sun, 30 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 27.5x | -22.5x | 0.8x |
| Tue, 28 Oct 2025 | €2.7b | €3.4b | -€115,000,404.00 | 30.4x | -23.1x | 0.8x |
| Thu, 25 Sep 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16.9x | -17.9x | 0.7x |
| Sat, 23 Aug 2025 | €2.4b | €3.4b | -€129,171,404.00 | 18.3x | -18.6x | 0.7x |
| Mon, 21 Jul 2025 | €2.6b | €3.4b | -€45,562,404.00 | 16.9x | -56.8x | 0.8x |
| Wed, 18 Jun 2025 | €2.6b | €3.4b | -€44,142,404.00 | 19.5x | -58.3x | 0.8x |
| Fri, 16 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.2x | -57.6x | 0.7x |
| Sun, 13 Apr 2025 | €2.4b | €3.4b | -€30,026,404.00 | 15x | -79.7x | 0.7x |
| Tue, 11 Mar 2025 | €3.0b | €3.4b | -€30,026,000.00 | 17.8x | -100.5x | 0.9x |
| Thu, 06 Feb 2025 | €2.8b | €3.5b | €190.9m | 16.4x | 14.9x | 0.8x |
| Sat, 04 Jan 2025 | €2.8b | €3.5b | €190.9m | 16.7x | 14.5x | 0.8x |
| Mon, 02 Dec 2024 | €2.7b | €3.5b | €190.9m | 15.8x | 14x | 0.8x |
| Wed, 30 Oct 2024 | €2.8b | €3.5b | €191.0m | 15.3x | 14.7x | 0.8x |
| Fri, 27 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.8x | 14.7x | 0.8x |
| Sun, 25 Aug 2024 | €2.9b | €3.5b | €194.5m | 17x | 14.9x | 0.8x |
| Tue, 23 Jul 2024 | €2.9b | €3.5b | €190.6m | 14x | 15.1x | 0.8x |
| Thu, 20 Jun 2024 | €2.8b | €3.5b | €190.3m | 13.9x | 14.8x | 0.8x |
| Sat, 18 May 2024 | €3.0b | €3.5b | €190.3m | 15.1x | 15.9x | 0.9x |
| Mon, 15 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.7x | 14.6x | 0.8x |
| Wed, 13 Mar 2024 | €3.2b | €3.5b | €201.6m | 14.9x | 15.8x | 0.9x |
| Fri, 09 Feb 2024 | €3.3b | €3.5b | €217.2m | 16.7x | 15.1x | 0.9x |
| Sun, 07 Jan 2024 | €3.3b | €3.5b | €217.0m | 16.9x | 15.1x | 0.9x |
| Tue, 05 Dec 2023 | €3.1b | €3.5b | €217.0m | 16.5x | 14.5x | 0.9x |
| Thu, 02 Nov 2023 | €3.1b | €3.5b | €217.4m | 15.7x | 14.2x | 0.9x |
| Sat, 30 Sep 2023 | €3.3b | €3.6b | €232.7m | 17.8x | 14.1x | 0.9x |
| Mon, 28 Aug 2023 | €3.4b | €3.6b | €232.6m | 19.3x | 14.5x | 0.9x |
| Wed, 26 Jul 2023 | €3.6b | €3.5b | €231.4m | 24.9x | 15.4x | 1x |
| Fri, 23 Jun 2023 | €3.9b | €3.6b | €228.1m | 30.4x | 17.1x | 1.1x |
| Sun, 21 May 2023 | €4.1b | €3.6b | €229.0m | 30x | 17.8x | 1.1x |
| Tue, 18 Apr 2023 | €4.4b | €3.5b | €210.5m | 33.8x | 21x | 1.2x |
| Thu, 16 Mar 2023 | €4.2b | €3.5b | €211.1m | 33.5x | 20x | 1.2x |
Price to Earnings Ratio
20x
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 58.7x which is higher than its 3-year average PE of -3.0x.
- The 3-year average PS ratio of 0.87x 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 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 | -3.09% | |
| Tech | 2.58% | |
| IT | 0.66% | |
| IT Consulting | 0.66% | |
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 34.5%, 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 | |
|---|---|---|---|---|---|
| TIETO TietoEVRY Oyj | €19.11 | 3.4% +€69.8m | -3.7% | PE87.7x | |
| GOFORE Gofore Oyj | €13.28 | 5.6% +€11.2m | -39.8% | PE22.9x | |
| DIGIGR Digitalist Group | €2.20 | 15.8% +€821.8k | -35.3% | PS0.4x |
