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- 7D-2.1%
- 3M-3.9%
- 1Y6.8%
- YTD-0.4%
In the last week, IT has been flat. As for the the longer term, the industry is up 9.3% over the past 12 months. 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 |
|---|---|---|---|---|---|---|
| Thu, 16 Apr 2026 | €2.6b | €2.5b | €47.9m | 23.9x | 54.1x | 1x |
| Sat, 14 Mar 2026 | €2.6b | €2.5b | €47.9m | 22.6x | 55.1x | 1.1x |
| Mon, 09 Feb 2026 | €2.5b | €3.4b | -€113,799,404.00 | 26.4x | -22.4x | 0.7x |
| Wed, 07 Jan 2026 | €2.7b | €3.4b | -€115,000,404.00 | 28.5x | -23.1x | 0.8x |
| Fri, 05 Dec 2025 | €2.7b | €3.4b | -€115,000,404.00 | 27.7x | -23.4x | 0.8x |
| Sun, 02 Nov 2025 | €2.7b | €3.4b | -€115,000,404.00 | 30.5x | -23.5x | 0.8x |
| Tue, 30 Sep 2025 | €2.3b | €3.4b | -€129,171,404.00 | 16.4x | -18x | 0.7x |
| Thu, 28 Aug 2025 | €2.4b | €3.4b | -€129,171,404.00 | 17.8x | -18.8x | 0.7x |
| Sat, 26 Jul 2025 | €2.4b | €3.4b | -€121,662,404.00 | 16.4x | -20x | 0.7x |
| Mon, 23 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 22.4x | -57.2x | 0.7x |
| Wed, 21 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.1x | -56.8x | 0.7x |
| Fri, 18 Apr 2025 | €2.5b | €3.4b | -€30,026,404.00 | 15.4x | -81.6x | 0.7x |
| Sun, 16 Mar 2025 | €3.0b | €3.4b | -€30,026,105.00 | 17.1x | -98.6x | 0.9x |
| Tue, 11 Feb 2025 | €2.9b | €3.5b | €190.9m | 16.9x | 15x | 0.8x |
| Thu, 09 Jan 2025 | €2.8b | €3.5b | €190.9m | 16.7x | 14.6x | 0.8x |
| Sat, 07 Dec 2024 | €2.7b | €3.5b | €190.9m | 16.2x | 14.3x | 0.8x |
| Mon, 04 Nov 2024 | €2.7b | €3.5b | €191.0m | 15.7x | 14.3x | 0.8x |
| Wed, 02 Oct 2024 | €2.8b | €3.5b | €194.5m | 16.5x | 14.6x | 0.8x |
| Fri, 30 Aug 2024 | €2.9b | €3.5b | €194.5m | 17x | 15.1x | 0.8x |
| Sun, 28 Jul 2024 | €2.9b | €3.5b | €193.6m | 13.9x | 14.9x | 0.8x |
| Tue, 25 Jun 2024 | €2.9b | €3.5b | €190.3m | 14x | 15x | 0.8x |
| Thu, 23 May 2024 | €3.0b | €3.5b | €190.3m | 14.8x | 15.9x | 0.9x |
| Sat, 20 Apr 2024 | €2.9b | €3.5b | €201.6m | 14.5x | 14.3x | 0.8x |
| Mon, 18 Mar 2024 | €3.0b | €3.5b | €201.6m | 14.5x | 15.1x | 0.9x |
| Wed, 14 Feb 2024 | €3.2b | €3.5b | €218.0m | 16.2x | 14.6x | 0.9x |
| Fri, 12 Jan 2024 | €3.3b | €3.5b | €217.0m | 17.2x | 15x | 0.9x |
| Sun, 10 Dec 2023 | €3.2b | €3.5b | €217.0m | 16.3x | 14.7x | 0.9x |
| Tue, 07 Nov 2023 | €3.1b | €3.5b | €217.0m | 16x | 14.5x | 0.9x |
| Thu, 05 Oct 2023 | €3.2b | €3.6b | €232.7m | 17.4x | 13.9x | 0.9x |
| Sat, 02 Sep 2023 | €3.5b | €3.6b | €232.6m | 19.4x | 15x | 1x |
| Mon, 31 Jul 2023 | €3.6b | €3.5b | €231.4m | 25.5x | 15.6x | 1x |
| Wed, 28 Jun 2023 | €3.9b | €3.6b | €228.1m | 30.2x | 17x | 1.1x |
| Fri, 26 May 2023 | €4.0b | €3.6b | €229.0m | 29.8x | 17.5x | 1.1x |
| Sun, 23 Apr 2023 | €4.4b | €3.5b | €210.5m | 33.5x | 20.8x | 1.2x |
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 54.9x which is higher than its 3-year average PE of -1.8x.
- The 3-year average PS ratio of 0.86x 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 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 | 1.08% | |
| Tech | 5.53% | |
| IT | -2.14% | |
| IT Consulting | -2.14% | |
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 | |
|---|---|---|---|---|---|
| GOFORE Gofore Oyj | €13.80 | 0.9% +€1.9m | -20.5% | PE23.9x | |
| DWF Digital Workforce Services Oyj | €2.51 | 6.8% +€1.8m | -27.2% | PS1x | |
| DIGIGR Digitalist Group | €2.31 | 36.7% +€1.7m | -74.4% | PS0.4x | |
| NETUM Netum Group Oyj | €1.17 | 3.1% +€440.1k | -43.8% | PE17.1x | |
| WITTED Witted Megacorp Oyj | €1.36 | 0.4% +€77.3k | 13.3% | PS0.4x |