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Finnish (OMX) Telecom Sector Analysis

UpdatedJan 01, 2026
DataAggregated Company Financials
Companies8
  • 7D2.3%
  • 3M-11.1%
  • 1Y-1.9%
  • YTDn/a

In the last week, the Telecom industry is up 2.3%, with Elisa Oyj up 1.9%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jan 2026€9.4b€4.3b€427.7m16.6x22x2.2x
Sat, 29 Nov 2025€9.2b€4.3b€443.0m17.9x20.8x2.1x
Mon, 27 Oct 2025€9.9b€4.3b€466.8m21.9x21.2x2.3x
Wed, 24 Sep 2025€10.8b€4.3b€464.5m21.5x23.3x2.5x
Fri, 22 Aug 2025€10.7b€4.3b€452.3m21.6x23.6x2.5x
Sun, 20 Jul 2025€10.4b€4.3b€441.2m20.5x23.6x2.4x
Tue, 17 Jun 2025€10.4b€4.3b€442.3m20.1x23.6x2.4x
Thu, 15 May 2025€10.2b€4.3b€442.3m19.8x23x2.4x
Sat, 12 Apr 2025€10.1b€4.3b€434.9m19.4x23.1x2.4x
Mon, 10 Mar 2025€10.0b€4.3b€434.9m19.5x23x2.3x
Wed, 05 Feb 2025€9.3b€4.3b€397.5m18.8x23.5x2.2x
Fri, 03 Jan 2025€9.4b€4.3b€408.3m18.3x22.9x2.2x
Sun, 01 Dec 2024€9.4b€4.3b€408.3m18.7x23x2.2x
Tue, 29 Oct 2024€9.6b€4.3b€422.9m18.6x22.6x2.2x
Thu, 26 Sep 2024€10.2b€4.3b€422.7m19.5x24.2x2.4x
Sat, 24 Aug 2024€9.6b€4.3b€429.5m17.9x22.3x2.2x
Mon, 22 Jul 2024€9.2b€4.3b€392.5m17.8x23.4x2.1x
Wed, 19 Jun 2024€9.3b€4.3b€394.4m16.8x23.5x2.2x
Fri, 17 May 2024€9.2b€4.3b€394.4m17.1x23.4x2.1x
Sun, 14 Apr 2024€9.2b€4.3b€391.0m18x23.4x2.1x
Tue, 12 Mar 2024€9.2b€4.3b€404.2m16.6x22.7x2.1x
Thu, 08 Feb 2024€9.0b€4.3b€443.5m18.3x20.3x2.1x
Sat, 06 Jan 2024€10.2b€4.7b€464.7m24.8x21.9x2.2x
Mon, 04 Dec 2023€9.9b€4.7b€464.7m24.5x21.2x2.1x
Wed, 01 Nov 2023€9.7b€4.7b€464.7m23.9x20.9x2.1x
Fri, 29 Sep 2023€10.0b€4.6b€456.1m25.3x22x2.2x
Sun, 27 Aug 2023€10.3b€4.6b€456.1m25.3x22.6x2.2x
Tue, 25 Jul 2023€11.1b€4.6b€514.7m20.4x21.5x2.4x
Thu, 22 Jun 2023€11.1b€4.6b€518.5m20.6x21.5x2.4x
Sat, 20 May 2023€12.3b€4.6b€518.5m22.7x23.7x2.7x
Mon, 17 Apr 2023€12.1b€4.6b€541.5m23.4x22.4x2.7x
Wed, 15 Mar 2023€12.1b€4.6b€541.8m21.4x22.3x2.6x
Fri, 10 Feb 2023€12.2b€4.6b€577.7m22.4x21.1x2.7x
Sun, 08 Jan 2023€11.5b€4.5b€567.7m19.3x20.3x2.5x
Price to Earnings Ratio

20.3x


Total Market Cap: €11.5bTotal Earnings: €567.7mTotal Revenue: €4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Telecom Sector Price to Earnings3Y Average 22.6x202420252026
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 22.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 9.0% 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 Market1.35%
Telecom2.34%
Media4.11%
Telecom Services and Carriers1.89%
Entertainment-2.94%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 32.1x.
    • Analysts are expecting annual earnings growth of 37.0%, which is higher than its past year's earnings growth of 7.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 53% over the next 5 years.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 6.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ELISA Elisa Oyj€37.741.9%
+€112.4m
-10.9%PE16.6x
ALMA Alma Media Oyj€14.356.3%
+€69.8m
27.6%PE21.5x
SANOMA Sanoma Oyj€9.503.1%
+€47.2m
20.6%PE127.8x