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Finnish (OMX) IT Industry Analysis
UpdatedMar 01, 2026
DataAggregated Company Financials
Companies7
- 7D-0.1%
- 3M4.5%
- 1Y-4.4%
- YTD2.4%
Last week, the IT industry hasn't moved much but Gofore Oyj is up 16% in that time. As for the longer term, the industry has declined 4.4% in the last year. Looking forward, earnings are forecast to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Sun, 01 Mar 2026 | €2.7b | €2.5b | €46.2m | 28x | 58.4x | 1.1x |
| Tue, 27 Jan 2026 | €2.8b | €3.4b | -€115,000,404.00 | 29.6x | -23.9x | 0.8x |
| Thu, 25 Dec 2025 | €2.6b | €3.4b | -€115,000,404.00 | 29.2x | -22.8x | 0.8x |
| Sat, 22 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 28.2x | -22.4x | 0.8x |
| Mon, 20 Oct 2025 | €2.4b | €3.4b | -€129,171,404.00 | 15.6x | -18.7x | 0.7x |
| Wed, 17 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17x | -18.6x | 0.7x |
| Fri, 15 Aug 2025 | €2.3b | €3.4b | -€128,262,404.00 | 18.7x | -18x | 0.7x |
| Sun, 13 Jul 2025 | €2.6b | €3.4b | -€44,142,404.00 | 18.9x | -58.5x | 0.8x |
| Tue, 10 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.6x | -57.2x | 0.7x |
| Thu, 08 May 2025 | €2.4b | €3.4b | -€44,142,404.00 | 16.5x | -54.8x | 0.7x |
| Sat, 05 Apr 2025 | €2.4b | €3.4b | -€30,026,404.00 | 16.1x | -81.5x | 0.7x |
| Mon, 03 Mar 2025 | €2.8b | €3.4b | -€30,509,884.00 | 17.8x | -92.7x | 0.8x |
| Wed, 29 Jan 2025 | €2.8b | €3.5b | €190.9m | 15.8x | 14.7x | 0.8x |
| Fri, 27 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.2x | 13.9x | 0.8x |
| Sun, 24 Nov 2024 | €2.6b | €3.5b | €190.9m | 16.2x | 13.8x | 0.8x |
| Tue, 22 Oct 2024 | €2.8b | €3.5b | €194.5m | 15.6x | 14.3x | 0.8x |
| Thu, 19 Sep 2024 | €2.9b | €3.5b | €194.5m | 16x | 15x | 0.8x |
| Sat, 17 Aug 2024 | €2.9b | €3.5b | €193.5m | 17x | 14.8x | 0.8x |
| Mon, 15 Jul 2024 | €2.9b | €3.5b | €190.6m | 14x | 15.1x | 0.8x |
| Wed, 12 Jun 2024 | €2.9b | €3.5b | €190.3m | 14.1x | 15.2x | 0.8x |
| Fri, 10 May 2024 | €2.9b | €3.5b | €190.3m | 14.3x | 15.2x | 0.8x |
| Sun, 07 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.7x | 14.6x | 0.8x |
| Tue, 05 Mar 2024 | €3.2b | €3.5b | €198.8m | 15x | 16.3x | 0.9x |
| Thu, 01 Feb 2024 | €3.3b | €3.5b | €217.0m | 16.9x | 15.3x | 0.9x |
| Sat, 30 Dec 2023 | €3.3b | €3.5b | €217.0m | 17.1x | 15.3x | 0.9x |
| Mon, 27 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.5x | 14.9x | 0.9x |
| Wed, 25 Oct 2023 | €3.1b | €3.6b | €233.1m | 16.6x | 13.4x | 0.9x |
| Fri, 22 Sep 2023 | €3.3b | €3.6b | €232.7m | 18.1x | 14.3x | 0.9x |
| Sun, 20 Aug 2023 | €3.4b | €3.6b | €230.5m | 19.3x | 14.6x | 0.9x |
| Tue, 18 Jul 2023 | €3.7b | €3.6b | €228.1m | 26.2x | 16.4x | 1x |
| Thu, 15 Jun 2023 | €4.1b | €3.6b | €229.0m | 31.5x | 17.8x | 1.1x |
| Sat, 13 May 2023 | €4.1b | €3.6b | €229.0m | 29.3x | 17.9x | 1.1x |
| Mon, 10 Apr 2023 | €4.4b | €3.5b | €211.1m | 33.4x | 20.8x | 1.3x |
| Wed, 08 Mar 2023 | €4.5b | €3.3b | €202.3m | 35.6x | 22.1x | 1.3x |
Price to Earnings Ratio
22.1x
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 58.4x which is higher than its 3-year average PE of -3.3x.
- 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 39% per year over the last three years,
- Revenues have also declined 9.0% 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 | 0.23% | |
| Tech | 0.41% | |
| IT | -0.13% | |
| IT Consulting | -0.13% | |
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 34.4%, 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 34% 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 34% 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 | |
|---|---|---|---|---|---|
| GOFORE Gofore Oyj | €12.94 | 15.5% +€25.2m | -41.2% | PE22.3x |
