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- 7D-0.4%
- 3M1.3%
- 1Y-10.9%
- YTD0.5%
Over the last 7 days, the IT industry has remained flat. Unfortunately though, the industry is down 11% 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 |
|---|---|---|---|---|---|---|
| Tue, 17 Mar 2026 | €2.6b | €2.5b | €47.9m | 22.6x | 55.1x | 1.1x |
| Thu, 12 Feb 2026 | €2.4b | €3.4b | -€113,799,404.00 | 25.2x | -21.3x | 0.7x |
| Sat, 10 Jan 2026 | €2.8b | €3.4b | -€115,000,404.00 | 30.6x | -24.1x | 0.8x |
| Mon, 08 Dec 2025 | €2.7b | €3.4b | -€115,000,404.00 | 27.5x | -23.2x | 0.8x |
| Wed, 05 Nov 2025 | €2.6b | €3.4b | -€115,000,404.00 | 30.3x | -23x | 0.8x |
| Fri, 03 Oct 2025 | €2.4b | €3.4b | -€129,171,404.00 | 16.5x | -18.2x | 0.7x |
| Sun, 31 Aug 2025 | €2.4b | €3.4b | -€133,507,404.00 | 18x | -18.3x | 0.7x |
| Tue, 29 Jul 2025 | €2.5b | €3.4b | -€121,662,404.00 | 16.6x | -20.2x | 0.7x |
| Thu, 26 Jun 2025 | €2.5b | €3.4b | -€44,142,404.00 | 18.4x | -56.9x | 0.7x |
| Sat, 24 May 2025 | €2.5b | €3.4b | -€44,142,404.00 | 17.8x | -55.7x | 0.7x |
| Mon, 21 Apr 2025 | €2.5b | €3.4b | -€30,026,404.00 | 15.4x | -81.6x | 0.7x |
| Wed, 19 Mar 2025 | €3.0b | €3.4b | -€30,026,105.00 | 17.4x | -100.9x | 0.9x |
| Fri, 14 Feb 2025 | €2.9b | €3.5b | €190.9m | 16.7x | 15.4x | 0.8x |
| Sun, 12 Jan 2025 | €2.8b | €3.5b | €190.9m | 16.1x | 14.5x | 0.8x |
| Tue, 10 Dec 2024 | €2.8b | €3.5b | €190.9m | 16.6x | 14.5x | 0.8x |
| Thu, 07 Nov 2024 | €2.7b | €3.5b | €191.0m | 15.8x | 14x | 0.8x |
| Sat, 05 Oct 2024 | €2.8b | €3.5b | €194.5m | 16.4x | 14.3x | 0.8x |
| Mon, 02 Sep 2024 | €2.9b | €3.5b | €194.5m | 17x | 15.1x | 0.8x |
| Wed, 31 Jul 2024 | €2.9b | €3.5b | €193.6m | 14x | 14.9x | 0.8x |
| Fri, 28 Jun 2024 | €2.9b | €3.5b | €190.6m | 13.9x | 15x | 0.8x |
| Sun, 26 May 2024 | €3.0b | €3.5b | €190.3m | 14.7x | 15.7x | 0.9x |
| Tue, 23 Apr 2024 | €2.9b | €3.5b | €200.5m | 14.5x | 14.3x | 0.8x |
| Thu, 21 Mar 2024 | €3.0b | €3.5b | €201.6m | 14.7x | 14.7x | 0.8x |
| Sat, 17 Feb 2024 | €3.3b | €3.5b | €198.3m | 16.5x | 16.5x | 0.9x |
| Mon, 15 Jan 2024 | €3.3b | €3.5b | €217.0m | 17.1x | 15.2x | 0.9x |
| Wed, 13 Dec 2023 | €3.2b | €3.5b | €217.0m | 16.2x | 14.6x | 0.9x |
| Fri, 10 Nov 2023 | €3.2b | €3.5b | €217.0m | 16.2x | 14.7x | 0.9x |
| Sun, 08 Oct 2023 | €3.2b | €3.6b | €232.7m | 17.3x | 13.9x | 0.9x |
| Tue, 05 Sep 2023 | €3.5b | €3.6b | €232.6m | 19.4x | 15x | 1x |
| Thu, 03 Aug 2023 | €3.5b | €3.5b | €231.4m | 25.1x | 15.2x | 1x |
| Sat, 01 Jul 2023 | €3.9b | €3.6b | €228.1m | 30.4x | 17.2x | 1.1x |
| Mon, 29 May 2023 | €4.0b | €3.6b | €229.0m | 29.5x | 17.4x | 1.1x |
| Wed, 26 Apr 2023 | €4.4b | €3.5b | €210.5m | 34.4x | 20.7x | 1.2x |
| Fri, 24 Mar 2023 | €4.3b | €3.5b | €211.1m | 33.5x | 20.4x | 1.2x |
Price to Earnings Ratio
20.4x
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 55.1x which is higher than its 3-year average PE of -2.8x.
- The 3-year average PS ratio of 0.87x 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 | 1.77% | |
| Tech | 6.26% | |
| IT | -0.36% | |
| IT Consulting | -0.36% | |
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 35.5%, 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 | |
|---|---|---|---|---|---|
| GOFORE Gofore Oyj | €13.48 | 3.2% +€6.7m | -35.8% | PE23.2x | |
| DIGIA Digia Oyj | €6.04 | 1.3% +€2.1m | -13.2% | PE12.6x | |
| NETUM Netum Group Oyj | €1.06 | 1.9% +€251.5k | -56.9% | PE15.5x |
