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Finnish (OMX) Software Industry Analysis
UpdatedAug 26, 2025
DataAggregated Company Financials
Companies13
- 7D1.9%
- 3M-0.6%
- 1Y-23.4%
- YTD-3.8%
In the last week, the Software industry is up 1.9%, with Qt Group Oyj up 2.8%. In the past year, the industry is down 23%. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Finnish Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Aug 2025 | €2.9b | €1.0b | €63.6m | 30.7x | 46.3x | 2.9x |
| Thu, 24 Jul 2025 | €3.1b | €1.0b | €72.3m | 39.2x | 42.9x | 3x |
| Sat, 21 Jun 2025 | €2.9b | €1.0b | €75.0m | 34.1x | 38.3x | 2.8x |
| Mon, 19 May 2025 | €3.0b | €1.0b | €75.0m | 31x | 39.7x | 2.9x |
| Wed, 16 Apr 2025 | €3.2b | €1.1b | €78.9m | 38.2x | 40.8x | 2.9x |
| Fri, 14 Mar 2025 | €3.4b | €1.1b | €79.3m | 38.4x | 43.2x | 3.1x |
| Sun, 09 Feb 2025 | €3.5b | €1.1b | €41.1m | 34.8x | 84x | 3x |
| Tue, 07 Jan 2025 | €3.1b | €1.1b | €40.8m | 36.7x | 76.6x | 2.8x |
| Thu, 05 Dec 2024 | €3.2b | €1.1b | €41.4m | 34.1x | 77.6x | 2.8x |
| Sat, 02 Nov 2024 | €3.1b | €1.1b | €39.1m | 28.2x | 80.4x | 2.8x |
| Mon, 30 Sep 2024 | €3.8b | €1.1b | €40.7m | 29.2x | 94.4x | 3.4x |
| Wed, 28 Aug 2024 | €3.9b | €1.1b | €39.0m | 26.4x | 101x | 3.5x |
| Fri, 26 Jul 2024 | €3.7b | €1.1b | €32.1m | 25.9x | 115.8x | 3.3x |
| Sun, 23 Jun 2024 | €3.7b | €1.1b | €30.6m | 21.8x | 121.2x | 3.3x |
| Tue, 21 May 2024 | €3.8b | €1.1b | €27.4m | 21.4x | 137.5x | 3.3x |
| Thu, 18 Apr 2024 | €3.4b | €1.1b | €21.9m | 20.2x | 154.1x | 3x |
| Sat, 16 Mar 2024 | €3.5b | €1.1b | €21.9m | 21.8x | 158.6x | 3.1x |
| Mon, 12 Feb 2024 | €3.3b | €1.1b | €31.1m | 24.5x | 105.3x | 2.9x |
| Wed, 10 Jan 2024 | €3.8b | €1.3b | €13.6m | 13.8x | 280.5x | 2.9x |
| Fri, 08 Dec 2023 | €3.6b | €1.3b | €13.6m | 12.6x | 263.3x | 2.7x |
| Sun, 05 Nov 2023 | €3.5b | €1.3b | €16.9m | 11.9x | 204.6x | 2.7x |
| Tue, 03 Oct 2023 | €3.3b | €1.3b | €20.4m | 17.5x | 161x | 2.6x |
| Thu, 31 Aug 2023 | €3.6b | €1.3b | €26.4m | 22.4x | 137.5x | 2.9x |
| Sat, 29 Jul 2023 | €4.1b | €1.2b | €30.6m | 23.6x | 133.9x | 3.3x |
| Mon, 26 Jun 2023 | €4.3b | €1.2b | €21.2m | 24.8x | 203.6x | 3.5x |
| Wed, 24 May 2023 | €4.6b | €1.2b | €23.7m | 26.9x | 193.3x | 3.7x |
| Fri, 21 Apr 2023 | €4.3b | €1.2b | €24.5m | 29.1x | 175.6x | 3.5x |
| Sun, 19 Mar 2023 | €4.2b | €1.2b | €21.9m | 27.5x | 192.5x | 3.4x |
| Tue, 14 Feb 2023 | €4.1b | €1.3b | -€2,070,138.00 | 41.9x | -1962.4x | 3.1x |
| Thu, 12 Jan 2023 | €3.7b | €1.4b | €39.1m | 39.2x | 94x | 2.6x |
| Sat, 10 Dec 2022 | €3.7b | €1.4b | €40.3m | 37.7x | 92.4x | 2.6x |
| Mon, 07 Nov 2022 | €3.6b | €1.4b | €40.3m | 39x | 89.9x | 2.6x |
| Wed, 05 Oct 2022 | €3.5b | €1.4b | €76.8m | 31x | 45x | 2.5x |
| Fri, 02 Sep 2022 | €3.8b | €1.3b | €79.7m | 33.1x | 48.2x | 2.8x |
Price to Earnings Ratio
48.2x
Current Industry PE
- Investors are pessimistic on the Finnish Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 46.3x which is lower than its 3-year average PE of 118x.
- The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Software industry have declined 7.2% per year over the last three years,
- Revenues have also declined 8.6% 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 | 1.95% | |
| Tech | 2.88% | |
| Software | 1.92% | |
| Application Software | 2.56% | |
| Systems Software | 1.36% | |
Industry PE
- Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 91.4x.
- Analysts are expecting annual earnings growth of 46.6%, which is higher than its past year's earnings decline of 1.7% per year.
- Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 89.4x.
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings decline of 1.7% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| QTCOM Qt Group Oyj | €48.38 | 2.8% +€33.5m | -48.5% | PE25.6x | |
| BITTI Bittium Oyj | €12.14 | 3.6% +€14.9m | 72.4% | PE66.7x | |
| FSECURE F-Secure Oyj | €1.71 | 4.1% +€11.9m | -19.2% | PE14.2x | |
| WITH WithSecure Oyj | €1.69 | 0.6% +€1.8m | 56.2% | PS2.5x | |
| TEM1V Tecnotree Oyj | €4.80 | 1.9% +€1.5m | 21.3% | PE10.8x |
