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Finnish (OMX) Application Software Industry Analysis

UpdatedFeb 23, 2026
DataAggregated Company Financials
Companies6
  • 7D1.5%
  • 3M-14.9%
  • 1Y-65.3%
  • YTDn/a

In the last week, Application Software has been flat. As for the longer term, the industry has declined 66% in the last year. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Feb 2026€840.2m€435.1m€43.5m19.6x19.3x1.9x
Thu, 22 Jan 2026€934.8m€440.0m€41.5m18.6x22.5x2.1x
Sat, 20 Dec 2025€956.1m€440.0m€41.5m19.2x23x2.2x
Mon, 17 Nov 2025€989.1m€441.4m€47.8m17.1x20.7x2.2x
Wed, 15 Oct 2025€1.3b€447.0m€49.2m24.1x27x3x
Fri, 12 Sep 2025€1.3b€447.0m€49.2m24.1x26.7x2.9x
Sun, 10 Aug 2025€1.4b€456.1m€49.4m36.8x27.4x3x
Tue, 08 Jul 2025€1.7b€463.8m€57.9m38.5x29.8x3.7x
Thu, 05 Jun 2025€1.6b€463.8m€57.9m37.4x28x3.5x
Sat, 03 May 2025€1.7b€463.9m€57.9m37.6x28.8x3.6x
Mon, 31 Mar 2025€2.2b€543.9m€62.2m48.5x35.3x4x
Wed, 26 Feb 2025€2.5b€550.7m€67.7m29.4x36.4x4.5x
Fri, 24 Jan 2025€2.2b€544.3m€45.9m30.2x48x4x
Sun, 22 Dec 2024€1.9b€544.3m€45.9m28.5x41.6x3.5x
Tue, 19 Nov 2024€2.0b€543.4m€44.4m23.2x44.1x3.6x
Thu, 17 Oct 2024€2.4b€465.9m€36.9m32x66x5.2x
Sat, 14 Sep 2024€2.5b€546.9m€39.9m24.3x61.8x4.5x
Mon, 12 Aug 2024€2.6b€571.5m€42.8m24.6x60.9x4.6x
Wed, 10 Jul 2024€2.3b€566.3m€39.3m30.9x58.1x4x
Fri, 07 Jun 2024€2.5b€566.3m€39.3m34x64x4.4x
Sun, 05 May 2024€2.2b€561.2m€36.0m32.7x62.3x4x
Tue, 02 Apr 2024€2.3b€568.0m€38.1m34.3x60.6x4.1x
Thu, 29 Feb 2024€2.4b€568.0m€38.1m35.3x62.1x4.2x
Sat, 27 Jan 2024€2.7b€753.4m€21.0m12x128.6x3.6x
Mon, 25 Dec 2023€2.7b€753.4m€21.0m11.6x126.2x3.5x
Wed, 22 Nov 2023€2.5b€753.4m€21.0m11x120.1x3.4x
Fri, 20 Oct 2023€2.1b€733.5m€19.9m11.2x106.5x2.9x
Sun, 17 Sep 2023€2.3b€733.5m€19.9m12x116.4x3.2x
Tue, 15 Aug 2023€2.5b€737.4m€16.1m12.3x156.2x3.4x
Thu, 13 Jul 2023€2.8b€714.8m€18.3m12.3x151.8x3.9x
Sat, 10 Jun 2023€3.2b€714.8m€18.3m12.8x174.5x4.5x
Mon, 08 May 2023€3.1b€714.8m€18.3m13.3x169.9x4.3x
Wed, 05 Apr 2023€2.8b€703.3m€17.2m14x161.9x4x
Fri, 03 Mar 2023€2.9b€685.4m€20.2m22.2x141.5x4.2x
Price to Earnings Ratio

141.5x


Total Market Cap: €2.9bTotal Earnings: €20.2mTotal Revenue: €685.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Application Software Industry Price to Earnings3Y Average 73.1x202420252026
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 19.3x which is lower than its 3-year average PE of 73.3x.
  • The 3-year average PS ratio of 3.6x 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 27% 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 Market2.94%
Tech7.62%
Software-4.45%
Application Software1.46%
Systems Software-6.98%
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€5.650%
€32.7m
37.6%PE19.8x
QPR1V QPR Software Oyj€0.623.7%
+€432.5k
-43.8%PS2.2x
VINCIT Vincit Oyj€1.340%
€49.9k
-34.0%PS0.3x