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- 7D-4.5%
- 3M-3.4%
- 1Y7.4%
- YTD-1.4%
Over the last 7 days, the IT industry has dropped 4.5%, driven by Tieto Oyj declining 5.4%. Meanwhile, Digital Workforce Services Oyj actually outperformed within the industry, gaining 6.1% in the last week. In the past year, the industry has gained 7.4%. As for the next few years, earnings are expected to grow by 35% per annum.
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, 13 Apr 2026 | €2.6b | €2.5b | €47.9m | 23.5x | 53.6x | 1x |
| Wed, 11 Mar 2026 | €2.7b | €2.5b | €47.9m | 22.5x | 56x | 1.1x |
| Fri, 06 Feb 2026 | €2.5b | €3.4b | -€115,000,404.00 | 27.5x | -22.1x | 0.7x |
| Sun, 04 Jan 2026 | €2.6b | €3.4b | -€115,000,404.00 | 29.2x | -23x | 0.8x |
| Tue, 02 Dec 2025 | €2.7b | €3.4b | -€115,000,404.00 | 27.2x | -23.1x | 0.8x |
| Thu, 30 Oct 2025 | €2.7b | €3.4b | -€115,000,404.00 | 30.2x | -23.2x | 0.8x |
| Sat, 27 Sep 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16.6x | -17.9x | 0.7x |
| Mon, 25 Aug 2025 | €2.4b | €3.4b | -€129,171,404.00 | 18.3x | -18.6x | 0.7x |
| Wed, 23 Jul 2025 | €2.3b | €3.2b | -€135,062,404.00 | 16.6x | -17.3x | 0.7x |
| Fri, 20 Jun 2025 | €2.6b | €3.4b | -€44,142,404.00 | 19.4x | -58.4x | 0.8x |
| Sun, 18 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.2x | -57.3x | 0.7x |
| Tue, 15 Apr 2025 | €2.4b | €3.4b | -€30,026,404.00 | 15.3x | -80.8x | 0.7x |
| Thu, 13 Mar 2025 | €2.9b | €3.4b | -€30,026,105.00 | 17.3x | -98.2x | 0.9x |
| Sat, 08 Feb 2025 | €2.8b | €3.5b | €190.9m | 16.5x | 14.9x | 0.8x |
| Mon, 06 Jan 2025 | €2.8b | €3.5b | €190.9m | 16.7x | 14.5x | 0.8x |
| Wed, 04 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.5x | 14.1x | 0.8x |
| Fri, 01 Nov 2024 | €2.8b | €3.5b | €191.0m | 15.3x | 14.4x | 0.8x |
| Sun, 29 Sep 2024 | €2.9b | €3.5b | €194.5m | 16.6x | 14.8x | 0.8x |
| Tue, 27 Aug 2024 | €2.9b | €3.5b | €194.5m | 17.1x | 15x | 0.8x |
| Thu, 25 Jul 2024 | €2.9b | €3.5b | €193.6m | 13.9x | 14.8x | 0.8x |
| Sat, 22 Jun 2024 | €2.9b | €3.5b | €190.3m | 14x | 15x | 0.8x |
| Mon, 20 May 2024 | €3.0b | €3.5b | €190.3m | 15.1x | 15.9x | 0.9x |
| Wed, 17 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.7x | 14.5x | 0.8x |
| Fri, 15 Mar 2024 | €3.1b | €3.5b | €201.6m | 14.8x | 15.4x | 0.9x |
| Sun, 11 Feb 2024 | €3.2b | €3.5b | €218.0m | 15.9x | 14.8x | 0.9x |
| Tue, 09 Jan 2024 | €3.3b | €3.5b | €217.0m | 17.1x | 15.2x | 0.9x |
| Thu, 07 Dec 2023 | €3.1b | €3.5b | €217.0m | 16.2x | 14.4x | 0.9x |
| Sat, 04 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.1x | 14.6x | 0.9x |
| Mon, 02 Oct 2023 | €3.3b | €3.6b | €232.7m | 17.8x | 14.1x | 0.9x |
| Wed, 30 Aug 2023 | €3.5b | €3.6b | €232.6m | 19.4x | 15x | 1x |
| Fri, 28 Jul 2023 | €3.6b | €3.5b | €231.4m | 25.5x | 15.5x | 1x |
| Sun, 25 Jun 2023 | €3.9b | €3.6b | €228.1m | 30.4x | 17.1x | 1.1x |
| Tue, 23 May 2023 | €4.1b | €3.6b | €229.0m | 29.9x | 17.9x | 1.1x |
| Thu, 20 Apr 2023 | €4.4b | €3.5b | €210.5m | 33.5x | 21x | 1.3x |
Price to Earnings Ratio
21x
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 -1.9x.
- 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 | 3.49% | |
| Tech | 7.51% | |
| IT | -4.55% | |
| IT Consulting | -4.55% | |
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 | |
|---|---|---|---|---|---|
| DWF Digital Workforce Services Oyj | €2.44 | 6.1% +€1.6m | -32.0% | PS1x | |
| DIGIA Digia Oyj | €5.74 | 0.7% +€1.1m | -12.2% | PE11.9x | |
| DIGIGR Digitalist Group | €1.87 | 13.3% +€604.0k | -82.6% | PS0.3x | |
| SIILI Siili Solutions Oyj | €3.52 | 1.4% +€405.4k | -39.7% | PE30.5x | |
| NETUM Netum Group Oyj | €1.12 | 1.8% +€251.5k | -46.7% | PE16.4x |