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Finnish (OMX) Application Software Industry Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies6
  • 7D-0.6%
  • 3M-15.6%
  • 1Y-67.3%
  • YTDn/a

Last week, the Application Software industry hasn't moved much but Vincit Oyj is up 11% in that time. Unfortunately though, the industry is down 67% over the past 12 months. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026€810.2m€438.9m€40.3m15.2x20.1x1.8x
Sat, 17 Jan 2026€948.7m€440.0m€41.5m18.9x22.8x2.2x
Mon, 15 Dec 2025€969.6m€440.0m€41.5m19.5x23.4x2.2x
Wed, 12 Nov 2025€1.0b€441.4m€47.8m18x21.5x2.3x
Fri, 10 Oct 2025€1.4b€447.0m€49.2m24.6x27.5x3x
Sun, 07 Sep 2025€1.3b€447.0m€49.2m24.6x27.3x3x
Tue, 05 Aug 2025€1.7b€459.5m€57.1m38x29.1x3.6x
Thu, 03 Jul 2025€1.7b€463.8m€57.9m37.8x28.6x3.6x
Sat, 31 May 2025€1.7b€463.8m€57.9m38x29.1x3.6x
Mon, 28 Apr 2025€1.7b€542.3m€58.0m48.5x29x3.1x
Wed, 26 Mar 2025€2.3b€543.9m€62.2m48.1x36.4x4.2x
Fri, 21 Feb 2025€2.6b€552.8m€66.0m30.4x39x4.7x
Sun, 19 Jan 2025€2.2b€544.3m€45.9m30.2x48.1x4.1x
Tue, 17 Dec 2024€2.0b€544.3m€45.9m29.1x42.9x3.6x
Thu, 14 Nov 2024€1.9b€543.4m€44.4m23.6x43.9x3.6x
Sat, 12 Oct 2024€2.4b€465.9m€36.9m29.2x65.7x5.2x
Mon, 09 Sep 2024€2.5b€546.9m€39.9m24.5x62.6x4.6x
Wed, 07 Aug 2024€2.3b€562.3m€38.9m23.2x59x4.1x
Fri, 05 Jul 2024€2.4b€566.3m€39.3m31.9x60x4.2x
Sun, 02 Jun 2024€2.4b€561.2m€36.0m35.1x66.9x4.3x
Tue, 30 Apr 2024€2.3b€568.5m€38.7m33x58.5x4x
Thu, 28 Mar 2024€2.3b€568.0m€38.1m34.3x60.1x4x
Sat, 24 Feb 2024€2.3b€567.8m€38.4m34.6x60.7x4.1x
Mon, 22 Jan 2024€2.6b€753.4m€21.0m11.6x124.7x3.5x
Wed, 20 Dec 2023€2.6b€753.4m€21.0m11.7x125.8x3.5x
Fri, 17 Nov 2023€2.5b€753.4m€21.0m11x119.6x3.3x
Sun, 15 Oct 2023€2.2b€733.5m€19.9m11.5x109.7x3x
Tue, 12 Sep 2023€2.4b€733.5m€19.9m12.2x119.5x3.2x
Thu, 10 Aug 2023€2.5b€735.4m€17.4m12.2x144.8x3.4x
Sat, 08 Jul 2023€2.8b€714.8m€18.3m12.7x153.8x3.9x
Mon, 05 Jun 2023€3.1b€714.8m€18.3m12.3x170.2x4.4x
Wed, 03 May 2023€3.1b€717.1m€18.8m12.9x163.6x4.3x
Fri, 31 Mar 2023€2.7b€703.3m€17.2m13.4x154.5x3.8x
Sun, 26 Feb 2023€2.7b€683.2m€21.1m28.8x127.7x3.9x
Price to Earnings Ratio

127.7x


Total Market Cap: €2.7bTotal Earnings: €21.1mTotal Revenue: €683.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Application Software Industry Price to Earnings3Y Average 73.6x202420252026
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 20.1x which is lower than its 3-year average PE of 73.6x.
  • The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 24% per year over the last three years.
  • Meanwhile revenues for these companies have declined 14% 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 Market0.44%
Tech3.49%
Software-2.18%
Application Software-0.58%
Systems Software-2.83%
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
VINCIT Vincit Oyj€1.3811.3%
+€2.3m
-23.5%PS0.3x
TEM1V Tecnotree Oyj€5.651.1%
+€1.0m
41.6%PE14.8x
SOLTEQ Solteq Oyj€0.410.5%
+€38.8k
-30.7%PS0.2x