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- 7D-2.5%
- 3M-2.0%
- 1Y-9.4%
- YTD-2.0%
Over the last 7 days, the IT industry has dropped 2.5%, driven by TietoEVRY Oyj declining 2.8%. Overall the industry is down 9.4% in 12 months. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Mar 2026 | €2.6b | €2.5b | €47.9m | 22x | 53.6x | 1x |
| Tue, 17 Feb 2026 | €2.7b | €2.5b | €44.0m | 29.8x | 60.4x | 1.1x |
| Thu, 15 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 30.5x | -23.9x | 0.8x |
| Sat, 13 Dec 2025 | €2.7b | €3.4b | -€115,000,404.00 | 29.2x | -23.1x | 0.8x |
| Mon, 10 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 29.9x | -22.6x | 0.8x |
| Wed, 08 Oct 2025 | €2.4b | €3.4b | -€129,171,404.00 | 16.6x | -18.3x | 0.7x |
| Fri, 05 Sep 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17.7x | -18.5x | 0.7x |
| Sun, 03 Aug 2025 | €2.4b | €3.4b | -€121,662,404.00 | 15.9x | -19.5x | 0.7x |
| Tue, 01 Jul 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.3x | -57.2x | 0.7x |
| Thu, 29 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.8x | -57.3x | 0.7x |
| Sat, 26 Apr 2025 | €2.5b | €3.4b | -€30,263,404.00 | 16.7x | -82.1x | 0.7x |
| Mon, 24 Mar 2025 | €2.9b | €3.4b | -€30,026,105.00 | 16.8x | -95.2x | 0.8x |
| Wed, 19 Feb 2025 | €2.9b | €3.4b | -€32,106,397.00 | 17.2x | -90.3x | 0.8x |
| Fri, 17 Jan 2025 | €2.7b | €3.5b | €190.9m | 16x | 14.3x | 0.8x |
| Sun, 15 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.4x | 14.4x | 0.8x |
| Tue, 12 Nov 2024 | €2.7b | €3.5b | €191.0m | 16.7x | 14.3x | 0.8x |
| Thu, 10 Oct 2024 | €2.7b | €3.5b | €194.5m | 16.2x | 13.9x | 0.8x |
| Sat, 07 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.8x | 14.7x | 0.8x |
| Mon, 05 Aug 2024 | €2.8b | €3.5b | €193.6m | 13.8x | 14.4x | 0.8x |
| Wed, 03 Jul 2024 | €2.9b | €3.5b | €190.6m | 14x | 15.1x | 0.8x |
| Fri, 31 May 2024 | €2.9b | €3.5b | €190.3m | 14.2x | 15.3x | 0.8x |
| Sun, 28 Apr 2024 | €2.8b | €3.5b | €190.3m | 13.8x | 14.6x | 0.8x |
| Tue, 26 Mar 2024 | €2.9b | €3.5b | €201.6m | 14.6x | 14.4x | 0.8x |
| Thu, 22 Feb 2024 | €3.3b | €3.5b | €201.0m | 16.4x | 16.2x | 0.9x |
| Sat, 20 Jan 2024 | €3.3b | €3.5b | €217.0m | 16.7x | 15x | 0.9x |
| Mon, 18 Dec 2023 | €3.2b | €3.5b | €217.0m | 16.7x | 14.9x | 0.9x |
| Wed, 15 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.5x | 14.8x | 0.9x |
| Fri, 13 Oct 2023 | €3.3b | €3.6b | €232.7m | 18x | 14.1x | 0.9x |
| Sun, 10 Sep 2023 | €3.5b | €3.6b | €232.6m | 18.8x | 14.9x | 1x |
| Tue, 08 Aug 2023 | €3.5b | €3.5b | €231.4m | 24.6x | 15.1x | 1x |
| Thu, 06 Jul 2023 | €3.8b | €3.6b | €228.1m | 30x | 16.7x | 1.1x |
| Sat, 03 Jun 2023 | €4.0b | €3.6b | €229.0m | 29.4x | 17.5x | 1.1x |
| Mon, 01 May 2023 | €4.4b | €3.6b | €213.4m | 31x | 20.4x | 1.2x |
| Wed, 29 Mar 2023 | €4.2b | €3.5b | €211.1m | 32.8x | 19.8x | 1.2x |
Price to Earnings Ratio
19.8x
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 53.6x which is higher than its 3-year average PE of -2.6x.
- 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 | -1.98% | |
| Tech | -3.52% | |
| IT | -2.47% | |
| IT Consulting | -2.47% | |
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 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 | |
|---|---|---|---|---|---|
| DIGIA Digia Oyj | €6.10 | 1.3% +€2.1m | -12.1% | PE12.7x | |
| NETUM Netum Group Oyj | €1.06 | 2.9% +€377.2k | -53.9% | PE15.5x | |
| DWF Digital Workforce Services Oyj | €2.35 | 0.9% +€228.6k | -37.8% | PS0.9x |
