Finnish (OMX) Telecom Sector Analysis

Sector Valuation and Performance

Has the Finnish Telecom Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 21 Nov 2024	€9.3b	€4.3b	€408.3m	18.4x	22.9x	2.2x
Sat, 19 Oct 2024	€9.9b	€4.3b	€422.8m	19.2x	23.5x	2.3x
Mon, 16 Sep 2024	€9.9b	€4.3b	€422.7m	19x	23.4x	2.3x
Wed, 14 Aug 2024	€9.4b	€4.3b	€429.9m	18x	21.9x	2.2x
Fri, 12 Jul 2024	€9.4b	€4.3b	€394.4m	17.5x	23.8x	2.2x
Sun, 09 Jun 2024	€9.5b	€4.3b	€394.4m	17.4x	24.1x	2.2x
Tue, 07 May 2024	€9.2b	€4.3b	€381.4m	16.5x	24x	2.1x
Thu, 04 Apr 2024	€9.0b	€4.3b	€391.0m	17.2x	23.1x	2.1x
Sat, 02 Mar 2024	€9.1b	€4.3b	€411.4m	17.5x	22x	2.1x
Mon, 29 Jan 2024	€10.5b	€4.7b	€462.1m	24.8x	22.7x	2.2x
Wed, 27 Dec 2023	€10.0b	€4.7b	€464.7m	24.7x	21.5x	2.1x
Fri, 24 Nov 2023	€10.0b	€4.7b	€464.7m	24.4x	21.5x	2.1x
Sun, 22 Oct 2023	€9.8b	€4.6b	€454.5m	25.2x	21.5x	2.1x
Tue, 19 Sep 2023	€10.3b	€4.6b	€456.1m	25.6x	22.6x	2.2x
Thu, 17 Aug 2023	€10.7b	€4.6b	€467.9m	19.6x	22.8x	2.3x
Sat, 15 Jul 2023	€11.1b	€4.6b	€519.4m	20.4x	21.3x	2.4x
Mon, 12 Jun 2023	€11.5b	€4.6b	€518.5m	21.5x	22.1x	2.5x
Wed, 10 May 2023	€12.4b	€4.6b	€520.9m	23.9x	23.9x	2.7x
Fri, 07 Apr 2023	€12.1b	€4.6b	€541.6m	23.3x	22.3x	2.6x
Sun, 05 Mar 2023	€12.2b	€4.6b	€546.8m	21.5x	22.3x	2.7x
Tue, 31 Jan 2023	€12.0b	€4.6b	€577.7m	19.5x	20.8x	2.6x
Thu, 29 Dec 2022	€11.4b	€4.5b	€567.7m	18.8x	20x	2.5x
Sat, 26 Nov 2022	€11.9b	€4.5b	€566.8m	19.1x	21x	2.6x
Mon, 24 Oct 2022	€11.4b	€4.5b	€588.6m	15.8x	19.3x	2.5x
Wed, 21 Sep 2022	€11.9b	€4.5b	€582.7m	16.3x	20.4x	2.7x
Fri, 19 Aug 2022	€12.9b	€4.4b	€578.8m	18.3x	22.4x	2.9x
Sun, 17 Jul 2022	€12.8b	€4.4b	€569.5m	17.7x	22.5x	2.9x
Tue, 14 Jun 2022	€12.9b	€4.4b	€559.9m	19.1x	23x	3x
Thu, 12 May 2022	€12.8b	€4.4b	€559.9m	18.5x	22.9x	2.9x
Sat, 09 Apr 2022	€13.0b	€4.3b	€541.4m	18.6x	24.1x	3x
Mon, 07 Mar 2022	€12.0b	€4.3b	€541.4m	18.1x	22.2x	2.8x
Wed, 02 Feb 2022	€12.9b	€4.2b	€553.3m	20.8x	23.2x	3x
Fri, 31 Dec 2021	€13.2b	€4.2b	€549.5m	20.8x	24.1x	3.1x
Sun, 28 Nov 2021	€13.1b	€4.2b	€549.5m	21.3x	23.8x	3.1x

Current Industry PE

Investors are relatively neutral on the Finnish Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 22.4x.

The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.

Past Earnings Growth

The earnings for companies in the Communication Services industry have declined 9.4% per year over the last three years.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Finnish Telecom sector?


FI Market	-1.00%
Telecom	-0.16%
Telecom Services and Carriers	0.37%
Interactive Media and Services	0%
Wireless Telecom	0%
Media	-1.64%
Entertainment	-1.68%

Industry PE

Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 25.5x.

Analysts are expecting annual earnings growth of 29.4%, which is higher than its past year's earnings growth of 15.0% per year.

Forecasted Growth

Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 92% over the next 5 years.

In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 5.4% per year over the next few years.

Company	Last Price	7D	1Y	Valuation
ELISA Elisa Oyj	€43.14	0.4% +€25.7m	3.0%	PE18.8x
KSL Keskisuomalainen Oyj	€6.88	1.8% +€1.2m	-21.6%	PS0.3x
RUSH Rush Factory Oyj	€0.67	19.6% +€259.7k	70.5%	PS0.9x

Company

Last Price

Valuation

ELISA Elisa Oyj

€43.14

0.4%
+€25.7m

3.0%

PE18.8x

KSL Keskisuomalainen Oyj

€6.88

1.8%
+€1.2m

-21.6%