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- 7D3.0%
- 3M-0.9%
- 1Y4.0%
- YTD-0.3%
Over the last 7 days, the IT industry has remained flat, although notably TietoEVRY Oyj gained 3.8%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 35% 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Mar 2026 | €2.6b | €2.5b | €47.9m | 22.7x | 54.4x | 1x |
| Thu, 26 Feb 2026 | €2.6b | €2.5b | €44.3m | 29.6x | 57.8x | 1x |
| Sat, 24 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 29.7x | -23.8x | 0.8x |
| Mon, 22 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 28.9x | -23x | 0.8x |
| Wed, 19 Nov 2025 | €2.5b | €3.4b | -€115,000,404.00 | 29.2x | -22.1x | 0.7x |
| Fri, 17 Oct 2025 | €2.4b | €3.4b | -€129,171,404.00 | 15.4x | -18.8x | 0.7x |
| Sun, 14 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17x | -18.8x | 0.7x |
| Tue, 12 Aug 2025 | €2.4b | €3.4b | -€122,607,404.00 | 16x | -19.2x | 0.7x |
| Thu, 10 Jul 2025 | €2.6b | €3.4b | -€44,142,404.00 | 19x | -59.5x | 0.8x |
| 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 |
Price to Earnings Ratio
20.8x
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 53.0x which is higher than its 3-year average PE of -2.4x.
- The 3-year average PS ratio of 0.86x is lower than the industry's current PS ratio of 1.0x.
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 | -0.32% | |
| Tech | 1.27% | |
| IT | 2.99% | |
| IT Consulting | 2.99% | |
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 TietoEVRY Oyj | €18.51 | 3.8% +€74.0m | 15.8% | PE84.3x | |
| GOFORE Gofore Oyj | €13.16 | 4.4% +€8.9m | -34.7% | PE22.7x | |
| NETUM Netum Group Oyj | €1.06 | 2.9% +€377.2k | -53.5% | PE15.5x | |
| WITTED Witted Megacorp Oyj | €1.32 | 0.4% +€77.3k | -5.1% | PS0.4x |