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Finnish (OMX) Telecom Sector Analysis

UpdatedJan 10, 2026
DataAggregated Company Financials
Companies8
  • 7D0.5%
  • 3M-12.0%
  • 1Y0.3%
  • YTD0.5%

The Telecom industry has been flat over the last week, but Sunborn International Oyj has lost 3.8%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 Jan 2026€9.4b€4.3b€427.7m16.3x21.9x2.2x
Mon, 08 Dec 2025€9.2b€4.3b€427.7m16.5x21.6x2.1x
Wed, 05 Nov 2025€9.3b€4.3b€442.5m19.8x21.1x2.2x
Fri, 03 Oct 2025€10.6b€4.3b€464.5m20.8x22.9x2.5x
Sun, 31 Aug 2025€10.6b€4.3b€452.3m21.1x23.4x2.4x
Tue, 29 Jul 2025€10.3b€4.3b€441.2m20.4x23.3x2.4x
Thu, 26 Jun 2025€10.4b€4.3b€442.3m20.3x23.6x2.4x
Sat, 24 May 2025€10.6b€4.3b€442.3m20.3x24x2.5x
Mon, 21 Apr 2025€10.2b€4.3b€442.0m19.1x23x2.4x
Wed, 19 Mar 2025€10.2b€4.3b€434.9m20x23.4x2.4x
Fri, 14 Feb 2025€9.6b€4.3b€420.1m19.6x22.9x2.2x
Sun, 12 Jan 2025€9.1b€4.3b€408.3m17.7x22.4x2.1x
Tue, 10 Dec 2024€9.3b€4.3b€408.3m18.5x22.8x2.2x
Thu, 07 Nov 2024€9.5b€4.3b€408.4m18.5x23.3x2.2x
Sat, 05 Oct 2024€10.0b€4.3b€422.7m19.4x23.7x2.3x
Mon, 02 Sep 2024€9.6b€4.3b€422.7m18.1x22.8x2.2x
Wed, 31 Jul 2024€9.3b€4.3b€426.4m17.9x21.9x2.2x
Fri, 28 Jun 2024€9.2b€4.3b€394.4m17x23.3x2.1x
Sun, 26 May 2024€9.1b€4.3b€394.4m16.9x23.1x2.1x
Tue, 23 Apr 2024€9.2b€4.3b€381.4m17.2x24.1x2.1x
Thu, 21 Mar 2024€9.1b€4.3b€391.0m16.9x23.3x2.1x
Sat, 17 Feb 2024€9.2b€4.3b€425.4m18.5x21.5x2.1x
Mon, 15 Jan 2024€10.2b€4.7b€464.7m24.8x22.1x2.2x
Wed, 13 Dec 2023€9.9b€4.7b€464.7m24.5x21.3x2.1x
Fri, 10 Nov 2023€10.2b€4.7b€464.7m24.4x21.9x2.2x
Sun, 08 Oct 2023€10.2b€4.6b€456.1m25.3x22.4x2.2x
Tue, 05 Sep 2023€10.5b€4.6b€456.1m25.6x23.1x2.3x
Thu, 03 Aug 2023€10.8b€4.6b€472.6m24.2x23x2.3x
Sat, 01 Jul 2023€11.1b€4.6b€518.5m20.3x21.3x2.4x
Mon, 29 May 2023€11.9b€4.6b€518.5m22x22.9x2.6x
Wed, 26 Apr 2023€12.4b€4.6b€540.6m23.7x23x2.7x
Fri, 24 Mar 2023€12.3b€4.6b€541.6m23.8x22.6x2.7x
Sun, 19 Feb 2023€12.1b€4.6b€558.2m21.1x21.7x2.7x
Tue, 17 Jan 2023€11.8b€4.5b€567.7m19.3x20.8x2.6x
Price to Earnings Ratio

20.8x


Total Market Cap: €11.8bTotal 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 Market1.05%
Telecom0.53%
Media1.98%
Telecom Services and Carriers0%0
Entertainment-2.10%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 32.3x.
    • 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
SANOMA Sanoma Oyj€9.671.8%
+€27.7m		23.8%PE130.1x
ALMA Alma Media Oyj€14.652.1%
+€24.7m		35.6%PE21.9x
KSL Keskisuomalainen Oyj€9.346.4%
+€6.1m		45.0%PE14x
REBL Rebl Group Oyj€1.042.0%
+€250.3k		-7.1%PS0.1x

Latest News

ALMA
€14.65
Alma Media Oyj
7D
2.1%
1Y
35.6%

ALMA: Ongoing Acquisitions And Digital Shift Will Support Steady Outlook

Analysts have kept their fair value estimate for Alma Media Oyj steady at €15.77 per share, citing only minor adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions that did not materially change their overall price target view. What's in the News Alma Media plans to keep looking for acquisitions, including both smaller bolt on deals and potentially larger transactions, as the balance sheet allows, with management emphasizing an ongoing shift from old technology to new technology and a focus on new services and revenue streams (Key Developments).
KSL
€9.34
Keskisuomalainen Oyj
7D
6.4%
1Y
45.0%
SBI
€0.35
Sunborn International Oyj
7D
-3.8%
1Y
n/a
REBL
€1.04
Rebl Group Oyj
7D
2.0%
1Y
-7.1%
ILKKA2
€3.90
Ilkka Oyj
7D
-0.5%
1Y
20.7%
SANOMA
€9.67
Sanoma Oyj
7D
1.8%
1Y
23.8%

SANOMA: Higher Dividends And Outlook For 2025 Will Drive Future Upside

Analysts have maintained their price target for Sanoma Oyj at €12.50. They cite minimal changes in their underlying assumptions regarding discount rate, revenue growth, and profit margin forecasts.
REMEDY
€15.38
Remedy Entertainment Oyj
7D
-0.4%
1Y
13.9%