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Finnish (OMX) Application Software Industry Analysis

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies6
  • 7D2.5%
  • 3M-16.1%
  • 1Y-55.3%
  • YTDn/a

Over the last 7 days, the Application Software industry has remained flat, although notably Tecnotree Oyj gained 39%. As for the longer term, the industry has declined 55% in the last year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Jan 2026€945.2m€440.0m€41.5m18.2x22.8x2.1x
Fri, 26 Dec 2025€964.5m€440.0m€41.5m19.5x23.2x2.2x
Sun, 23 Nov 2025€947.9m€441.4m€47.8m16.4x19.8x2.1x
Tue, 21 Oct 2025€1.2b€447.0m€49.2m20.9x23.8x2.6x
Thu, 18 Sep 2025€1.3b€447.0m€49.2m24.3x27.1x3x
Sat, 16 Aug 2025€1.4b€456.1m€49.4m36.9x27.8x3x
Mon, 14 Jul 2025€1.7b€463.8m€57.9m38.5x30x3.7x
Wed, 11 Jun 2025€1.7b€463.8m€57.9m38.4x29.2x3.6x
Fri, 09 May 2025€1.6b€463.8m€57.9m37.7x28x3.5x
Sun, 06 Apr 2025€2.0b€543.9m€62.2m48.1x32.5x3.7x
Tue, 04 Mar 2025€2.4b€544.1m€62.1m48.5x38.2x4.4x
Thu, 30 Jan 2025€2.2b€544.3m€45.9m30.2x48.7x4.1x
Sat, 28 Dec 2024€1.9b€544.3m€45.9m28.7x42.3x3.6x
Mon, 25 Nov 2024€1.9b€547.6m€46.5m28.5x41.3x3.5x
Wed, 23 Oct 2024€2.5b€546.9m€39.9m25.2x61.6x4.5x
Fri, 20 Sep 2024€2.6b€546.9m€39.9m24.3x64.1x4.7x
Sun, 18 Aug 2024€2.6b€546.8m€44.1m24.1x58.8x4.7x
Tue, 16 Jul 2024€2.3b€566.3m€39.3m31.2x58.6x4.1x
Thu, 13 Jun 2024€2.5b€566.3m€39.3m35.3x63.7x4.4x
Sat, 11 May 2024€2.3b€561.2m€36.0m33.4x63.4x4.1x
Mon, 08 Apr 2024€2.2b€568.0m€38.1m32.5x57.8x3.9x
Wed, 06 Mar 2024€2.3b€568.0m€38.1m34.4x60.4x4.1x
Fri, 02 Feb 2024€2.7b€753.4m€21.0m11.8x128.9x3.6x
Sun, 31 Dec 2023€2.6b€753.4m€21.0m11.6x122.5x3.4x
Tue, 28 Nov 2023€2.5b€753.4m€21.0m11.1x118.9x3.3x
Thu, 26 Oct 2023€2.1b€743.0m€19.0m10.1x109.5x2.8x
Sat, 23 Sep 2023€2.3b€733.5m€19.9m12.1x115x3.1x
Mon, 21 Aug 2023€2.4b€737.2m€16.1m12.2x148.9x3.3x
Wed, 19 Jul 2023€2.7b€715.0m€18.4m12x148.9x3.8x
Fri, 16 Jun 2023€3.3b€714.8m€18.3m13x178x4.6x
Sun, 14 May 2023€3.1b€714.8m€18.3m12.9x169.8x4.3x
Tue, 11 Apr 2023€2.8b€703.3m€17.2m15.5x163.9x4x
Thu, 09 Mar 2023€2.9b€703.5m€17.3m13.6x168.6x4.1x
Sat, 04 Feb 2023€2.6b€663.1m€15.8m28.7x167.4x4x
Price to Earnings Ratio

167.4x


Total Market Cap: €2.6bTotal Earnings: €15.8mTotal Revenue: €663.1mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Application Software Industry Price to Earnings3Y Average 76.3x202420252026
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 22.4x which is lower than its 3-year average PE of 76.3x.
  • The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 38% 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 Market3.58%
Tech5.48%
Software6.47%
Application Software2.47%
Systems Software8.11%
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?

CompanyLast Price7D1YValuation
TEM1V Tecnotree Oyj€5.6037.4%
+€26.0m
69.6%PE14.6x
SOLTEQ Solteq Oyj€0.4612.2%
+€969.8k
-24.3%PS0.2x
QPR1V QPR Software Oyj€0.904.2%
+€707.7k
-15.9%PS2.8x