At €78.00, Is It Time To Put Qt Group Oyj (HEL:QTCOM) On Your Watch List?
Jan 20
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Finnish (OMX) Application Software Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies8
- 7D7.1%
- 3M-11.4%
- 1Y11.8%
- YTDn/a
Over the last 7 days, the Application Software industry has risen 8.8%, driven by gains from Qt Group Oyj of 9.6%. Meanwhile, QPR Software Oyj actually underperformed within the industry, shrinking 8.1% in the last week. In the last 12 months, the industry was up 14%. Earnings are forecast to grow by 22% 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, 22 Jan 2025 | €2.2b | €544.3m | €45.9m | 30.2x | 47.4x | 4x |
| Fri, 20 Dec 2024 | €1.9b | €544.3m | €45.9m | 28.3x | 41.4x | 3.5x |
| Sun, 17 Nov 2024 | €2.0b | €543.4m | €44.4m | 23.1x | 44.2x | 3.6x |
| Tue, 15 Oct 2024 | €2.4b | €465.9m | €36.9m | 29.2x | 65.7x | 5.2x |
| Thu, 12 Sep 2024 | €2.5b | €546.9m | €39.9m | 24.3x | 62.2x | 4.5x |
| Sat, 10 Aug 2024 | €2.6b | €572.2m | €44.4m | 24.6x | 58.9x | 4.6x |
| Mon, 08 Jul 2024 | €2.4b | €566.3m | €39.3m | 32x | 60.1x | 4.2x |
| Wed, 05 Jun 2024 | €2.4b | €561.2m | €36.0m | 35.7x | 67.8x | 4.4x |
| Fri, 03 May 2024 | €2.2b | €561.2m | €36.0m | 32.6x | 61.9x | 4x |
| Sun, 31 Mar 2024 | €2.3b | €568.0m | €38.1m | 34.3x | 60.6x | 4.1x |
| Tue, 27 Feb 2024 | €2.3b | €567.5m | €38.4m | 34.8x | 61x | 4.1x |
| Thu, 25 Jan 2024 | €2.7b | €753.4m | €21.0m | 12x | 127.5x | 3.6x |
| Sat, 23 Dec 2023 | €2.7b | €753.4m | €21.0m | 11.6x | 126.2x | 3.5x |
| Mon, 20 Nov 2023 | €2.5b | €753.4m | €21.0m | 10.9x | 118.5x | 3.3x |
| Wed, 18 Oct 2023 | €2.2b | €733.5m | €19.9m | 11.5x | 109.4x | 3x |
| Fri, 15 Sep 2023 | €2.4b | €733.5m | €19.9m | 12.3x | 118.3x | 3.2x |
| Sun, 13 Aug 2023 | €2.5b | €737.4m | €16.1m | 12.6x | 155.1x | 3.4x |
| Tue, 11 Jul 2023 | €2.8b | €714.8m | €18.3m | 12.7x | 153x | 3.9x |
| Thu, 08 Jun 2023 | €3.2b | €714.8m | €18.3m | 12.5x | 173.5x | 4.4x |
| Sat, 06 May 2023 | €3.1b | €714.8m | €18.3m | 13.3x | 169.9x | 4.3x |
| Mon, 03 Apr 2023 | €2.8b | €703.3m | €17.2m | 13.5x | 160.7x | 3.9x |
| Wed, 01 Mar 2023 | €2.9b | €683.1m | €21.1m | 28.6x | 135.3x | 4.2x |
| Fri, 27 Jan 2023 | €2.4b | €662.4m | €16.2m | 39.2x | 150.4x | 3.7x |
| Sun, 25 Dec 2022 | €2.2b | €662.4m | €16.2m | 34x | 134.3x | 3.3x |
| Tue, 22 Nov 2022 | €2.2b | €660.6m | €17.4m | 36.2x | 129.4x | 3.4x |
| Thu, 20 Oct 2022 | €2.0b | €648.7m | €22.8m | 26.6x | 86x | 3x |
| Sat, 17 Sep 2022 | €2.1b | €647.6m | €22.8m | 31.4x | 90.7x | 3.2x |
| Mon, 15 Aug 2022 | €2.7b | €643.6m | €23.6m | 29.1x | 115x | 4.2x |
| Wed, 13 Jul 2022 | €3.0b | €626.6m | €36.0m | 27.4x | 83.9x | 4.8x |
| Fri, 10 Jun 2022 | €3.1b | €626.6m | €36.0m | 20.5x | 86.6x | 5x |
| Sun, 08 May 2022 | €3.1b | €626.6m | €36.0m | 19.7x | 87.1x | 5x |
| Tue, 05 Apr 2022 | €4.3b | €623.3m | €36.0m | 21.8x | 120.6x | 7x |
| Thu, 03 Mar 2022 | €3.9b | €623.5m | €36.0m | 20.6x | 107.6x | 6.2x |
| Sat, 29 Jan 2022 | €3.7b | €581.4m | €37.1m | 48.8x | 99.3x | 6.3x |
Price to Earnings Ratio
99.3x
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 48.1x which is lower than its 3-year average PE of 102x.
- The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 7.3% per year over the last three years.
- Meanwhile revenues for these companies have declined 2.2% 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 | 2.03% | |
| Tech | 3.31% | |
| Software | 5.94% | |
| Application Software | 7.13% | |
| Systems Software | 3.77% | |
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 | |
|---|---|---|---|---|---|
| QTCOM Qt Group Oyj | €76.60 | 5.6% +€102.8m | 14.9% | PE42x | |
| TEM1V Tecnotree Oyj | €3.09 | 21.2% +€8.6m | -48.2% | PE3.7x | |
| VINCIT Vincit Oyj | €1.87 | 13.4% +€3.6m | -40.8% | PS0.4x | |
| LEADD LeadDesk Oyj | €6.82 | 3.6% +€1.3m | -13.9% | PS1.2x | |
| QPR1V QPR Software Oyj | €0.98 | 2.1% +€358.4k | 185.5% | PS2.8x |