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Finnish (OMX) Software Industry Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
Companies16
  • 7D-2.5%
  • 3M9.0%
  • 1Y-13.7%
  • YTD7.8%

Over the last 7 days, the Software industry has dropped 2.5%, driven by a pullback from Qt Group Oyj of 4.2%. Meanwhile, Admicom Oyj actually outperformed within the industry, gaining 5.2% in the last week. However, the industry is down 14% over the past year. Earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the Finnish Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Apr 2024€3.4b€1.1b€21.9m20.1x155.4x3x
Fri, 15 Mar 2024€3.5b€1.1b€21.9m21.2x159.4x3.1x
Sun, 11 Feb 2024€3.3b€1.1b€31.1m24.5x105.3x2.9x
Tue, 09 Jan 2024€3.8b€1.3b€13.6m13.5x277.9x2.9x
Thu, 07 Dec 2023€3.5b€1.3b€13.6m12.5x258.2x2.7x
Sat, 04 Nov 2023€3.5b€1.3b€16.9m11.9x204.6x2.7x
Mon, 02 Oct 2023€3.3b€1.3b€21.4m16.1x154x2.6x
Wed, 30 Aug 2023€3.6b€1.3b€26.4m22.6x137.1x2.9x
Fri, 28 Jul 2023€4.1b€1.2b€30.6m23.7x132.4x3.3x
Sun, 25 Jun 2023€4.3b€1.2b€21.2m24.8x203.6x3.5x
Tue, 23 May 2023€4.6b€1.2b€23.7m26.4x194.3x3.7x
Thu, 20 Apr 2023€4.4b€1.2b€22.6m29.6x196.3x3.8x
Sat, 18 Mar 2023€4.2b€1.2b€21.9m27.5x192.5x3.4x
Mon, 13 Feb 2023€4.0b€1.3b-€2,070,138.0041.9x-1939.8x3.1x
Wed, 11 Jan 2023€3.7b€1.4b€39.1m39.5x93.9x2.6x
Fri, 09 Dec 2022€3.7b€1.4b€40.3m37.6x91.7x2.6x
Sun, 06 Nov 2022€3.6b€1.4b€40.3m39x89.9x2.6x
Tue, 04 Oct 2022€3.4b€1.4b€76.8m30.8x44x2.5x
Thu, 01 Sep 2022€3.9b€1.3b€79.7m34.4x49.4x2.9x
Sat, 30 Jul 2022€4.8b€1.3b€83.4m41.7x58x3.6x
Mon, 27 Jun 2022€4.6b€1.1b€51.3m46.1x89.7x4.1x
Wed, 25 May 2022€4.7b€1.1b€51.3m48x92.4x4.2x
Fri, 22 Apr 2022€6.0b€1.1b€59.5m53.7x101.3x5.4x
Sun, 20 Mar 2022€5.9b€1.1b€59.6m53.7x98.7x5.3x
Tue, 15 Feb 2022€5.2b€1.1b€62.7m50.5x82.2x4.8x
Thu, 13 Jan 2022€6.0b€1.1b€51.8m53x115.3x5.7x
Sat, 11 Dec 2021€6.5b€943.6m€56.0m59.2x115.5x6.9x
Mon, 08 Nov 2021€6.4b€927.6m€52.6m58.1x122.3x6.9x
Wed, 06 Oct 2021€6.6b€914.0m€59.2m59.7x110.8x7.2x
Fri, 03 Sep 2021€7.1b€908.2m€59.1m60.4x120.6x7.9x
Sun, 01 Aug 2021€5.8b€908.2m€59.1m59.7x97.4x6.3x
Wed, 05 May 2021€5.3b€874.9m€55.0m116.2x97.3x6.1x
Price to Earnings Ratio

97.3x


Total Market Cap: €5.3bTotal Earnings: €55.0mTotal Revenue: €874.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Software Industry Price to Earnings3Y Average 128.4x202220232024
Current Industry PE
  • Investors are optimistic on the Finnish Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 155x which is higher than its 3-year average PE of 128x.
  • The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Software industry have declined 26% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Finnish Tech industry?

FI Market-0.95%
Tech-2.27%
Software-2.50%
Systems Software-0.55%
Application Software-3.52%
Industry PE
  • Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 117x.
    • Analysts are expecting annual earnings growth of 27.5%, which is higher than its past year's earnings growth of 3.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 28% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BITTI Bittium Oyj€5.921.4%
+€2.8m
43.0%PS2.8x
QPR1V QPR Software Oyj€0.7020.3%
+€2.1m
9.1%PS1.6x
TEM1V Tecnotree Oyj€0.381.8%
+€2.1m
-24.9%PE10.8x
ADMCM Admicom Oyj€43.300.6%
+€1.2m
-1.5%PE34.2x
LOIHDE Loihde Oyj€14.550.7%
+€975.4k
-13.4%PS0.6x
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Latest News

TEM1V

€0.38

Tecnotree Oyj

7D

1.8%

1Y

-24.9%

SSH1V

€1.31

SSH Communications Security Oyj

7D

-1.5%

1Y

-29.2%

BITTI

€5.92

Bittium Oyj

7D

1.4%

1Y

43.0%

LEMON

€5.76

Lemonsoft Oyj

7D

-3.7%

1Y

-33.6%

WITH

€1.06

WithSecure Oyj

7D

-3.1%

1Y

-33.5%

HEEROS

€3.36

Heeros Oyj

7D

5.7%

1Y

-31.0%

FSECURE

€1.88

F-Secure Oyj

7D

-6.0%

1Y

-42.4%

SOLTEQ

€0.72

Solteq Oyj

7D

0.8%

1Y

-43.3%

IFA1V

€1.26

Innofactor Oyj

7D

-3.5%

1Y

10.1%

LEADD

€7.70

LeadDesk Oy

7D

-0.3%

1Y

-31.6%

VINCIT

€2.74

Vincit Oyj

7D

1.9%

1Y

-41.2%

ADMCM

€43.30

Admicom Oyj

7D

0.6%

1Y

-1.5%