Tecnotree Oyj (HEL:TEM1V) Shares Fly 41% But Investors Aren't Buying For Growth
Jun 10
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Finnish (OMX) Application Software Industry Analysis
UpdatedJul 11, 2025
DataAggregated Company Financials
Companies7
- 7D8.1%
- 3M-4.9%
- 1Y-17.9%
- YTDn/a
In the last week, the Application Software industry is up 8.1%, with Qt Group Oyj up 8.4%. However, the industry is down 17% over the past year. Earnings are forecast to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Sat, 12 Jul 2025 | €1.8b | €463.8m | €57.9m | 39x | 31x | 3.9x |
| Mon, 09 Jun 2025 | €1.6b | €463.8m | €57.9m | 37.4x | 27.9x | 3.5x |
| Wed, 07 May 2025 | €1.6b | €463.8m | €57.9m | 37.5x | 28.1x | 3.5x |
| Fri, 04 Apr 2025 | €2.1b | €543.9m | €62.2m | 48.5x | 33.7x | 3.9x |
| Sun, 02 Mar 2025 | €2.4b | €544.1m | €62.1m | 48.9x | 38x | 4.3x |
| Tue, 28 Jan 2025 | €2.2b | €544.3m | €45.9m | 30.2x | 48.4x | 4.1x |
| Thu, 26 Dec 2024 | €1.9b | €544.3m | €45.9m | 28.4x | 41.6x | 3.5x |
| Sat, 23 Nov 2024 | €1.9b | €547.6m | €46.5m | 28.5x | 41.3x | 3.5x |
| Mon, 21 Oct 2024 | €2.5b | €465.9m | €36.9m | 29.5x | 66.6x | 5.3x |
| Wed, 18 Sep 2024 | €2.5b | €546.9m | €39.9m | 24.2x | 61.7x | 4.5x |
| Fri, 16 Aug 2024 | €2.6b | €546.8m | €44.1m | 24.4x | 59.1x | 4.8x |
| Sun, 14 Jul 2024 | €2.3b | €566.3m | €39.3m | 31.7x | 59.3x | 4.1x |
| Tue, 11 Jun 2024 | €2.5b | €566.3m | €39.3m | 33.8x | 63.5x | 4.4x |
| Thu, 09 May 2024 | €2.3b | €561.2m | €36.0m | 33.6x | 64.1x | 4.1x |
| Sat, 06 Apr 2024 | €2.2b | €568.0m | €38.1m | 32.5x | 57.8x | 3.9x |
| Mon, 04 Mar 2024 | €2.4b | €568.0m | €38.1m | 35.8x | 63x | 4.2x |
| Wed, 31 Jan 2024 | €2.7b | €753.4m | €21.0m | 11.8x | 127.2x | 3.6x |
| Fri, 29 Dec 2023 | €2.6b | €753.4m | €21.0m | 11.5x | 123.1x | 3.4x |
| Sun, 26 Nov 2023 | €2.5b | €753.4m | €21.0m | 11.1x | 118.8x | 3.3x |
| Tue, 24 Oct 2023 | €2.1b | €741.6m | €18.6m | 11.2x | 113.9x | 2.9x |
| Thu, 21 Sep 2023 | €2.3b | €733.5m | €19.9m | 12.2x | 116.5x | 3.2x |
| Sat, 19 Aug 2023 | €2.4b | €737.2m | €16.1m | 12.2x | 148.9x | 3.3x |
| Mon, 17 Jul 2023 | €2.8b | €715.0m | €18.4m | 12.1x | 151.1x | 3.9x |
| Wed, 14 Jun 2023 | €3.3b | €714.8m | €18.3m | 12.9x | 178.2x | 4.6x |
| Fri, 12 May 2023 | €3.1b | €714.8m | €18.3m | 13.3x | 171.3x | 4.4x |
| Sun, 09 Apr 2023 | €2.8b | €703.3m | €17.2m | 15.5x | 163.9x | 4x |
| Tue, 07 Mar 2023 | €2.9b | €704.0m | €17.3m | 13.8x | 167.8x | 4.1x |
| Thu, 02 Feb 2023 | €2.5b | €662.4m | €16.2m | 40.5x | 154.6x | 3.8x |
| Sat, 31 Dec 2022 | €2.2b | €662.4m | €16.2m | 34x | 134.7x | 3.3x |
| Mon, 28 Nov 2022 | €2.3b | €660.6m | €17.4m | 36.8x | 131.4x | 3.5x |
| Wed, 26 Oct 2022 | €2.1b | €649.8m | €19.7m | 25.3x | 105.1x | 3.2x |
| Fri, 23 Sep 2022 | €2.0b | €648.7m | €22.8m | 28.8x | 86.5x | 3x |
| Sun, 21 Aug 2022 | €2.6b | €643.6m | €23.6m | 29.4x | 109.4x | 4x |
| Tue, 19 Jul 2022 | €2.8b | €627.7m | €35.5m | 27.2x | 79.8x | 4.5x |
Price to Earnings Ratio
79.8x
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 30.9x which is lower than its 3-year average PE of 92.4x.
- The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 18% per year over the last three years.
- Meanwhile revenues for these companies have declined 9.6% 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 | 1.19% | |
| Tech | 0.27% | |
| Software | 4.97% | |
| Application Software | 8.08% | |
| Systems Software | 1.10% | |
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 | €4.80 | 9.1% +€6.5m | -3.3% | PE9.5x | |
| SOLTEQ Solteq Oyj | €0.63 | 3.9% +€465.5k | -24.2% | PS0.2x | |
| LEADD LeadDesk Oyj | €7.00 | 0.3% +€109.6k | -6.7% | PE69x | |
| QPR1V QPR Software Oyj | €0.83 | 0.5% +€78.4k | 42.9% | PS2.5x |