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Finnish (OMX) Systems Software Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies6
  • 7D8.0%
  • 3M33.0%
  • 1Y98.7%
  • YTDn/a

Over the last 7 days, the Systems Software industry has dropped 2.8%, driven by pullbacks in Bittium Oyj and SSH Communications Security Oyj of 2.4% and 17%, respectively. Meanwhile, Loihde Oyj actually outperformed within the industry, gaining 13% in the last week. This takes the industry's 12 month performance to a gain of 91%. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026€2.0b€469.0m€38.6m31.4x52.8x4.3x
Sun, 18 Jan 2026€2.5b€586.3m€13.4m35.7x188.5x4.3x
Tue, 16 Dec 2025€1.9b€586.3m€13.4m34.9x144x3.3x
Thu, 13 Nov 2025€1.8b€586.3m€13.4m34.9x137x3.1x
Sat, 11 Oct 2025€1.7b€586.8m€14.2m39.2x118.5x2.9x
Mon, 08 Sep 2025€1.5b€586.2m€14.2m38.7x107.6x2.6x
Wed, 06 Aug 2025€1.4b€581.4m€15.2m39.5x91x2.4x
Fri, 04 Jul 2025€1.3b€577.7m€17.1m34.4x78.3x2.3x
Sun, 01 Jun 2025€1.3b€577.7m€17.1m32x75.2x2.2x
Tue, 29 Apr 2025€1.3b€576.6m€17.4m31.3x71.8x2.2x
Thu, 27 Mar 2025€1.2b€574.0m€17.1m32.2x72.6x2.2x
Sat, 22 Feb 2025€1.2b€574.1m€17.1m28.8x68.6x2x
Mon, 20 Jan 2025€1.2b€591.0m-€5,153,505.0034.2x-224.2x2x
Wed, 18 Dec 2024€1.2b€591.0m-€5,153,505.0036x-225.2x2x
Fri, 15 Nov 2024€1.1b€591.0m-€5,153,505.0033.4x-222.8x1.9x
Sun, 13 Oct 2024€1.3b€587.8m€838.5k35.7x1524.5x2.2x
Tue, 10 Sep 2024€1.3b€587.3m€1.5m36.3x837.6x2.2x
Thu, 08 Aug 2024€1.3b€581.5m-€6,614,505.0026.4x-198.2x2.3x
Sat, 06 Jul 2024€1.3b€573.2m-€8,676,505.0023.3x-148.2x2.2x
Mon, 03 Jun 2024€1.3b€573.2m-€8,676,505.0023.4x-151.4x2.3x
Wed, 01 May 2024€1.2b€573.2m-€8,676,505.0021.5x-139.8x2.1x
Fri, 29 Mar 2024€1.2b€562.4m-€16,188,505.0020.3x-71.1x2x
Sun, 25 Feb 2024€1.1b€564.0m-€16,150,068.0025.1x-70.7x2x
Tue, 23 Jan 2024€1.2b€552.0m-€8,203,652.0032.9x-146x2.2x
Thu, 21 Dec 2023€1.1b€551.3m-€7,474,348.0030.1x-151.3x2.1x
Sat, 18 Nov 2023€1.1b€544.1m-€4,138,348.0029x-259.7x2x
Mon, 16 Oct 2023€984.4m€541.2m€578.7k23.7x1701.2x1.8x
Wed, 13 Sep 2023€1.0b€539.1m€1.5m21.7x695.6x1.9x
Fri, 11 Aug 2023€1.2b€530.4m€6.5m23.4x178.6x2.2x
Sun, 09 Jul 2023€1.2b€530.2m€3.0m23.9x409.7x2.3x
Tue, 06 Jun 2023€1.3b€530.2m€3.0m25.2x444.3x2.5x
Thu, 04 May 2023€1.5b€529.7m€5.4m31.3x268.6x2.8x
Sat, 01 Apr 2023€1.5b€525.6m€4.5m31.4x333.9x2.9x
Mon, 27 Feb 2023€1.5b€517.6m€660.2k36.2x2304.8x2.9x
Price to Earnings Ratio

2304.8x


Total Market Cap: €1.5bTotal Earnings: €660.2kTotal Revenue: €517.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Systems Software Industry Price to Earnings3Y Average 104.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Finnish Systems 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 50.8x which is lower than its 3-year average PE of 105x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • Total earnings for the Systems Software industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 3.2% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Finnish Systems Software compare with similar industries?

FI Market2.68%
Tech7.97%
Software5.46%
Systems Software7.99%
Application Software-0.22%
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€36.0013.2%
+€149.2m
469.6%PE197.7x
LOIHDE Loihde Oyj€12.8013.3%
+€8.6m
-0.8%PE31.6x
FSECURE F-Secure Oyj€1.661.8%
+€5.2m
-1.4%PE13x
WITH WithSecure Oyj€1.720.2%
+€698.8k
102.4%PS2.5x
LEMON Lemonsoft Oyj€5.040.8%
+€572.3k
-13.1%PE20.1x