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Finnish (OMX) Systems Software Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies7
  • 7D4.7%
  • 3M37.2%
  • 1Y106.0%
  • YTDn/a

In the last week, the Systems Software industry is up 4.7%, with Bittium Oyj up 10%. Meanwhile, SSH Communications Security Oyj actually underperformed within the industry, shrinking 6.2% in the last week. This means that the industry has gained 106% over the past year. Looking forward, earnings are forecast to grow by 44% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026€2.3b€586.3m€13.4m35.7x173.8x4x
Tue, 09 Dec 2025€1.9b€586.3m€13.4m35.6x140.8x3.2x
Thu, 06 Nov 2025€1.9b€587.4m€13.4m38x139.5x3.2x
Sat, 04 Oct 2025€1.8b€586.2m€14.2m39.7x123.2x3x
Mon, 01 Sep 2025€1.5b€586.2m€14.2m37.8x106.9x2.6x
Wed, 30 Jul 2025€1.3b€581.4m€15.2m38.8x88.4x2.3x
Fri, 27 Jun 2025€1.3b€577.7m€17.1m34.6x75.2x2.2x
Sun, 25 May 2025€1.2b€577.7m€17.1m29.2x72.3x2.1x
Tue, 22 Apr 2025€1.2b€574.7m€16.7m31.2x72.6x2.1x
Thu, 20 Mar 2025€1.2b€574.0m€17.1m34x73x2.2x
Sat, 15 Feb 2025€1.2b€565.0m€11.2m33.5x104.7x2.1x
Mon, 13 Jan 2025€1.1b€591.0m-€5,153,505.0035.2x-217x1.9x
Wed, 11 Dec 2024€1.2b€591.0m-€5,153,505.0035.5x-227x2x
Fri, 08 Nov 2024€1.2b€591.0m-€5,153,505.0032.6x-223.7x2x
Sun, 06 Oct 2024€1.3b€587.8m€838.5k35.2x1536.4x2.2x
Tue, 03 Sep 2024€1.3b€587.3m€1.5m36.7x844.5x2.2x
Thu, 01 Aug 2024€1.3b€581.5m-€6,614,505.0027x-200.4x2.3x
Sat, 29 Jun 2024€1.3b€573.2m-€8,676,505.0023.5x-149.5x2.3x
Mon, 27 May 2024€1.3b€573.2m-€8,676,505.0023.1x-147.3x2.2x
Wed, 24 Apr 2024€1.2b€562.4m-€16,188,505.0020.5x-73.9x2.1x
Fri, 22 Mar 2024€1.1b€562.4m-€16,157,505.0021x-69.4x2x
Sun, 18 Feb 2024€1.2b€555.8m-€12,681,647.0022.7x-94.5x2.2x
Tue, 16 Jan 2024€1.2b€551.3m-€7,474,348.0031.6x-157.8x2.1x
Thu, 14 Dec 2023€1.1b€551.3m-€7,474,348.0030x-147.6x2x
Sat, 11 Nov 2023€1.0b€544.1m-€4,138,348.0028.6x-252.9x1.9x
Mon, 09 Oct 2023€992.1m€541.2m€578.7k25.1x1714.5x1.8x
Wed, 06 Sep 2023€1.2b€539.1m€1.5m23.2x772.4x2.2x
Fri, 04 Aug 2023€1.2b€536.0m€9.5m25x120.9x2.1x
Sun, 02 Jul 2023€1.3b€530.2m€3.0m25.5x424.9x2.4x
Tue, 30 May 2023€1.4b€529.7m€5.4m25.7x253.9x2.6x
Thu, 27 Apr 2023€1.5b€528.4m€6.5m30.8x229.6x2.8x
Sat, 25 Mar 2023€1.5b€525.6m€4.5m28.2x324.7x2.8x
Mon, 20 Feb 2023€1.5b€642.3m-€17,927,304.0047.1x-85.2x2.4x
Wed, 18 Jan 2023€1.4b€750.9m€22.3m39.5x63.1x1.9x
Price to Earnings Ratio

63.1x


Total Market Cap: €1.4bTotal Earnings: €22.3mTotal Revenue: €750.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Systems Software Industry Price to Earnings3Y Average 101.4x202420252026
Current Industry PE
  • Investors are optimistic on the Finnish Systems Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 174x which is higher than its 3-year average PE of 101x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Systems Software industry have declined 16% per year over the last three years,
  • Revenues have also declined 7.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Finnish Systems Software compare with similar industries?

FI Market1.05%
Tech1.86%
Software4.33%
Systems Software4.74%
Application Software3.40%
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
BITTI Bittium Oyj€31.9510.2%
+€104.8m
391.5%PE175.5x
ADMCM Admicom Oyj€43.952.1%
+€4.5m
-3.6%PE45.7x
FSECURE F-Secure Oyj€1.951.0%
+€3.5m
8.3%PE16.6x
LEMON Lemonsoft Oyj€6.402.2%
+€2.5m
7.6%PE25.7x