Narrative Update • Jun 09
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- 7D-11.7%
- 3M21.0%
- 1Y-49.8%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 7.2%, driven by Qt Group Oyj declining 15%. The industry has fallen 47% in the last year. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Finnish Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | €875.1m | €471.3m | €33.6m | 12x | 26.1x | 1.9x |
| Fri, 08 May 2026 | €730.4m | €465.8m | €38.2m | 12.4x | 19.1x | 1.6x |
| Sun, 05 Apr 2026 | €707.3m | €469.3m | €37.8m | 12.3x | 18.7x | 1.5x |
| Tue, 03 Mar 2026 | €761.8m | €445.8m | €37.2m | 17.6x | 20.5x | 1.7x |
| Thu, 29 Jan 2026 | €941.6m | €440.0m | €41.5m | 18.2x | 22.7x | 2.1x |
| Sat, 27 Dec 2025 | €964.5m | €440.0m | €41.5m | 19.5x | 23.2x | 2.2x |
| Mon, 24 Nov 2025 | €947.9m | €441.4m | €47.8m | 16.4x | 19.8x | 2.1x |
| Wed, 22 Oct 2025 | €1.2b | €447.0m | €49.2m | 20.9x | 23.8x | 2.6x |
| Fri, 19 Sep 2025 | €1.4b | €447.0m | €49.2m | 25.1x | 27.8x | 3.1x |
| Sun, 17 Aug 2025 | €1.4b | €456.1m | €49.4m | 36.9x | 27.8x | 3x |
| Tue, 15 Jul 2025 | €1.8b | €463.8m | €57.9m | 38.6x | 30.3x | 3.8x |
| Thu, 12 Jun 2025 | €1.7b | €463.8m | €57.9m | 38.3x | 29x | 3.6x |
| Sat, 10 May 2025 | €1.6b | €463.8m | €57.9m | 37.3x | 28x | 3.5x |
| Mon, 07 Apr 2025 | €2.0b | €543.9m | €62.2m | 48.1x | 32.5x | 3.7x |
| Wed, 05 Mar 2025 | €2.3b | €544.0m | €62.1m | 48.5x | 36.9x | 4.2x |
| Fri, 31 Jan 2025 | €2.2b | €544.3m | €45.9m | 30.3x | 48.7x | 4.1x |
| Sun, 29 Dec 2024 | €1.9b | €544.3m | €45.9m | 28.7x | 42.3x | 3.6x |
| Tue, 26 Nov 2024 | €2.0b | €547.6m | €46.5m | 29.2x | 42.8x | 3.6x |
| Thu, 24 Oct 2024 | €2.4b | €546.9m | €39.9m | 25.3x | 60.7x | 4.4x |
| Sat, 21 Sep 2024 | €2.5b | €546.9m | €39.9m | 24.3x | 63.2x | 4.6x |
| Mon, 19 Aug 2024 | €2.6b | €546.8m | €44.1m | 24.1x | 58.8x | 4.7x |
| Wed, 17 Jul 2024 | €2.3b | €566.3m | €39.3m | 31.4x | 59x | 4.1x |
| Fri, 14 Jun 2024 | €2.6b | €566.3m | €39.3m | 35x | 66.4x | 4.6x |
| Sun, 12 May 2024 | €2.3b | €561.2m | €36.0m | 33.4x | 63.4x | 4.1x |
| Tue, 09 Apr 2024 | €2.3b | €568.0m | €38.1m | 33.5x | 60.1x | 4x |
| Thu, 07 Mar 2024 | €2.3b | €568.0m | €38.1m | 34.7x | 60.8x | 4.1x |
| Sat, 03 Feb 2024 | €2.7b | €753.4m | €21.0m | 12.1x | 128.3x | 3.6x |
| Mon, 01 Jan 2024 | €2.6b | €753.4m | €21.0m | 11.6x | 122.5x | 3.4x |
| Wed, 29 Nov 2023 | €2.5b | €753.4m | €21.0m | 11x | 118x | 3.3x |
| Fri, 27 Oct 2023 | €2.1b | €742.9m | €19.0m | 10.4x | 112.6x | 2.9x |
| Sun, 24 Sep 2023 | €2.3b | €733.5m | €19.9m | 12.1x | 115x | 3.1x |
| Tue, 22 Aug 2023 | €2.4b | €737.2m | €16.1m | 11.9x | 148.9x | 3.3x |
| Thu, 20 Jul 2023 | €2.8b | €715.0m | €18.4m | 11.9x | 153.2x | 3.9x |
| Sat, 17 Jun 2023 | €3.2b | €714.8m | €18.3m | 12.7x | 176.3x | 4.5x |
Price to Earnings Ratio
176.3x
Current Industry PE
- Investors are pessimistic on the Finnish Application 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 27.2x which is lower than its 3-year average PE of 59.5x.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 22% per year over the last three years.
- Meanwhile revenues for these companies have declined 13% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Finnish Application Software compare with similar industries?
| FI Market | -4.86% | |
| Tech | -15.74% | |
| Software | -4.12% | |
| Application Software | -11.67% | |
| Systems Software | -0.44% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEM1V Tecnotree Oyj | €5.69 | 1.1% +€1.4m | 34.5% | PE12x | |
| QPR1V QPR Software Oyj | €0.61 | 4.5% +€511.2k | -28.5% | PS2x | |
| VINCIT Vincit Oyj | €0.99 | 1.6% +€268.3k | -41.9% | PS0.3x |