Finnish (OMX) IT Consulting Industry Analysis

UpdatedApr 30, 2026

DataAggregated Company Financials

Companies7

7D-4.3%
3M-1.9%
1Y5.6%
YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 2.9%, driven by a pullback from Tieto Oyj of 3.3%. Meanwhile, Witted Megacorp Oyj actually outperformed within the industry, gaining 15% in the last week. In the past year, the industry has gained 7.6%. Earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the Finnish IT Consulting Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 30 Apr 2026	€2.5b	€2.5b	€47.9m	19x	52.7x	1x
Sat, 28 Mar 2026	€2.5b	€2.5b	€47.9m	22.7x	53x	1x
Mon, 23 Feb 2026	€2.7b	€2.5b	€44.3m	29.5x	61.1x	1.1x
Wed, 21 Jan 2026	€2.7b	€3.4b	-€115,000,404.00	29.2x	-23.5x	0.8x
Fri, 19 Dec 2025	€2.6b	€3.4b	-€115,000,404.00	29.2x	-23x	0.8x
Sun, 16 Nov 2025	€2.6b	€3.4b	-€115,000,404.00	29.5x	-22.9x	0.8x
Tue, 14 Oct 2025	€2.3b	€3.4b	-€129,171,404.00	15.3x	-18x	0.7x
Thu, 11 Sep 2025	€2.4b	€3.4b	-€129,171,404.00	17.3x	-18.6x	0.7x
Sat, 09 Aug 2025	€2.4b	€3.4b	-€122,607,404.00	16.5x	-19.4x	0.7x
Mon, 07 Jul 2025	€2.6b	€3.4b	-€44,142,404.00	19x	-58.1x	0.8x
Wed, 04 Jun 2025	€2.5b	€3.4b	-€44,142,404.00	18.5x	-56.8x	0.7x
Fri, 02 May 2025	€2.4b	€3.4b	-€44,142,404.00	17x	-55.1x	0.7x
Sun, 30 Mar 2025	€2.6b	€3.4b	-€30,026,404.00	17x	-85.7x	0.7x
Tue, 25 Feb 2025	€2.9b	€3.4b	-€32,936,884.00	19.2x	-86.5x	0.8x
Thu, 23 Jan 2025	€2.8b	€3.5b	€190.9m	15.7x	14.4x	0.8x
Sat, 21 Dec 2024	€2.6b	€3.5b	€190.9m	16x	13.8x	0.8x
Mon, 18 Nov 2024	€2.7b	€3.5b	€191.0m	17x	14.2x	0.8x
Wed, 16 Oct 2024	€2.7b	€3.5b	€194.5m	16x	13.9x	0.8x
Fri, 13 Sep 2024	€2.9b	€3.5b	€194.5m	16.8x	14.8x	0.8x
Sun, 11 Aug 2024	€2.8b	€3.5b	€194.6m	13.4x	14.4x	0.8x
Tue, 09 Jul 2024	€2.9b	€3.5b	€190.6m	14.1x	15x	0.8x
Thu, 06 Jun 2024	€2.9b	€3.5b	€190.3m	14.4x	15.5x	0.8x
Sat, 04 May 2024	€2.8b	€3.5b	€190.3m	13.9x	14.9x	0.8x
Mon, 01 Apr 2024	€3.0b	€3.5b	€201.6m	14.4x	14.7x	0.9x
Wed, 28 Feb 2024	€3.3b	€3.5b	€201.0m	16.6x	16.2x	0.9x
Fri, 26 Jan 2024	€3.3b	€3.5b	€217.0m	16.8x	15.1x	0.9x
Sun, 24 Dec 2023	€3.3b	€3.5b	€217.0m	16.7x	15.2x	0.9x
Tue, 21 Nov 2023	€3.3b	€3.5b	€217.0m	17x	15.1x	0.9x
Thu, 19 Oct 2023	€3.2b	€3.6b	€232.7m	17.9x	13.8x	0.9x
Sat, 16 Sep 2023	€3.4b	€3.6b	€232.6m	18.3x	14.8x	1x
Mon, 14 Aug 2023	€3.4b	€3.6b	€230.9m	22.2x	14.9x	1x
Wed, 12 Jul 2023	€3.7b	€3.6b	€228.1m	30x	16.4x	1.1x
Fri, 09 Jun 2023	€4.0b	€3.6b	€229.0m	30.7x	17.3x	1.1x
Sun, 07 May 2023	€4.1b	€3.6b	€229.0m	30.2x	18x	1.2x

Price to Earnings Ratio

18x

Sun, 07 May 2023

Current Industry PE

Investors are optimistic on the Finnish IT Consulting and Other Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 53.7x which is higher than its 3-year average PE of -1.4x.

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 Consulting and Other Services industry have declined 41% 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.