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
Fri, 27 Jan 2023	€11.9b	€4.5b	€567.7m	19.6x	21x	2.6x
Sun, 25 Dec 2022	€11.0b	€4.5b	€567.7m	20.6x	19.4x	2.4x
Tue, 22 Nov 2022	€11.7b	€4.5b	€566.8m	18.8x	20.7x	2.6x
Thu, 20 Oct 2022	€11.6b	€4.5b	€582.7m	15.8x	19.9x	2.6x
Sat, 17 Sep 2022	€12.3b	€4.5b	€582.7m	16.9x	21.1x	2.8x
Mon, 15 Aug 2022	€12.7b	€4.4b	€579.1m	18.4x	22x	2.9x
Wed, 13 Jul 2022	€13.0b	€4.4b	€559.9m	17.7x	23.3x	3x
Fri, 10 Jun 2022	€13.1b	€4.4b	€559.9m	19.7x	23.4x	3x
Sun, 08 May 2022	€12.9b	€4.4b	€560.2m	18.4x	23.1x	3x
Tue, 05 Apr 2022	€13.2b	€4.3b	€541.4m	19.2x	24.4x	3.1x
Thu, 03 Mar 2022	€12.2b	€4.3b	€542.7m	18.9x	22.6x	2.9x
Sat, 29 Jan 2022	€12.5b	€4.3b	€553.3m	20.3x	22.7x	3x
Mon, 27 Dec 2021	€13.1b	€4.2b	€549.5m	20.3x	23.8x	3.1x
Wed, 24 Nov 2021	€13.4b	€4.2b	€549.5m	22x	24.4x	3.2x
Fri, 22 Oct 2021	€13.3b	€4.1b	€684.3m	15.8x	19.5x	3.2x
Sun, 19 Sep 2021	€13.3b	€4.1b	€677.1m	16x	19.7x	3.3x
Tue, 17 Aug 2021	€13.8b	€4.1b	€677.1m	16.3x	20.4x	3.4x
Tue, 01 Jun 2021	€12.4b	€4.0b	€667.5m	19.8x	18.6x	3.1x
Fri, 05 Mar 2021	€12.3b	€3.9b	€668.2m	14.2x	18.4x	3.1x
Mon, 07 Dec 2020	€10.9b	€3.9b	€651.1m	21.8x	16.8x	2.8x
Thu, 10 Sep 2020	€11.5b	€3.8b	€434.4m	24.6x	26.4x	3x
Wed, 03 Jun 2020	€12.1b	€3.8b	€429.9m	24x	28.1x	3.2x
Sat, 07 Mar 2020	€11.4b	€3.8b	€427.3m	24.1x	26.6x	3x

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 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.6x.

Past Earnings Growth

The earnings for companies in the Communication Services industry have grown 9.9% per year over the last three years.
Revenues for these companies have grown 6.3% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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


FI Market	1.07%
Telecom	2.24%
Entertainment	14.94%
Media	3.40%
Telecom Services and Carriers	0.66%
Interactive Media and Services	0%
Wireless Telecom	0%

Industry PE

Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 32.1x.

Analysts are expecting annual earnings growth of 28.8%, which is higher than its past year's earnings growth of 6.6% per year.

Investors are most pessimistic about the Media industry, which is trading close to its 3-year average of 17.1x.

Forecasted Growth

Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 29% over the next 5 years.
This is better than its past earnings growth rate of 6.6% per year.

In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 4.4% per year over the next few years.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
ROVIO Rovio Entertainment Oyj	€7.20	27.0% +€116.5m	6.3%	PE18.9x
SANOMA Sanoma Oyj	€9.97	4.7% +€73.4m	-23.9%	PE19.6x
ELISA Elisa Oyj	€51.70	0.7% +€54.5m	2.3%	PE22.8x
ALMA Alma Media Oyj	€9.85	1.7% +€13.1m	0.2%	PE12x
PUMU PunaMusta Media Oyj	€4.30	10.8% +€5.3m	-26.5%	PS0.5x