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Finnish (OMX) Utilities Sector Analysis
UpdatedDec 24, 2024
DataAggregated Company Financials
Companies1
- 7D0.5%
- 3M-8.7%
- 1Y0.8%
- YTD0.2%
Over the last 7 days, the Utilities industry has dropped 4.4%, driven by declines from every company within the industry. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to decline by 12% per year.
Sector Valuation and Performance
Has the Finnish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 24 Dec 2024 | €11.9b | €6.2b | €1.2b | 9.6x | 9.6x | 1.9x |
| Thu, 21 Nov 2024 | €12.6b | €6.2b | €1.2b | 10.2x | 10.2x | 2x |
| Sat, 19 Oct 2024 | €13.1b | €6.3b | €1.3b | 10.2x | 10.2x | 2.1x |
| Mon, 16 Sep 2024 | €12.7b | €6.3b | €1.3b | 9.8x | 9.8x | 2x |
| Wed, 14 Aug 2024 | €12.8b | €6.5b | €1.4b | 8.8x | 8.8x | 2x |
| Fri, 12 Jul 2024 | €12.5b | €6.5b | €1.4b | 8.6x | 8.6x | 1.9x |
| Sun, 09 Jun 2024 | €12.5b | €6.5b | €1.4b | 8.6x | 8.6x | 1.9x |
| Tue, 07 May 2024 | €11.8b | €6.5b | €1.4b | 8.1x | 8.1x | 1.8x |
| Thu, 04 Apr 2024 | €10.3b | €6.7b | €1.5b | 6.8x | 6.8x | 1.5x |
| Sat, 02 Mar 2024 | €10.2b | €6.7b | €1.5b | 6.7x | 6.7x | 1.5x |
| Mon, 29 Jan 2024 | €11.2b | €8.3b | €467.0m | 23.9x | 23.9x | 1.3x |
| Wed, 27 Dec 2023 | €11.8b | €8.3b | €467.0m | 25.2x | 25.2x | 1.4x |
| Fri, 24 Nov 2023 | €11.3b | €8.3b | €467.0m | 24.1x | 24.1x | 1.4x |
| Sun, 22 Oct 2023 | €9.7b | €9.0b | -€1,285,000,000.00 | n/a | -7.6x | 1.1x |
| Tue, 19 Sep 2023 | €11.1b | €9.0b | -€1,285,000,000.00 | n/a | -8.7x | 1.2x |
| Thu, 17 Aug 2023 | €10.6b | €9.0b | -€1,285,000,000.00 | n/a | -8.2x | 1.2x |
| Sat, 15 Jul 2023 | €10.8b | €9.2b | €1.6b | 6.7x | 6.7x | 1.2x |
| Mon, 12 Jun 2023 | €11.1b | €9.2b | €1.6b | 7x | 7x | 1.2x |
| Wed, 10 May 2023 | €12.3b | €8.8b | €1.0b | 12.2x | 12.2x | 1.4x |
| Fri, 07 Apr 2023 | €13.1b | €8.8b | €1.0b | 13x | 13x | 1.5x |
| Sun, 05 Mar 2023 | €13.3b | €8.8b | €1.0b | 13.1x | 13.1x | 1.5x |
| Tue, 31 Jan 2023 | €12.5b | €114.2b | -€1,211,000,000.00 | n/a | -10.3x | 0.1x |
| Thu, 29 Dec 2022 | €14.2b | €114.2b | -€1,211,000,000.00 | n/a | -11.7x | 0.1x |
| Sat, 26 Nov 2022 | €13.3b | €114.2b | -€1,211,000,000.00 | n/a | -11x | 0.1x |
| Fri, 19 Aug 2022 | €10.0b | €134.5b | -€2,575,000,000.00 | n/a | -3.9x | 0.07x |
| Sun, 17 Jul 2022 | €10.4b | €134.5b | -€2,575,000,000.00 | n/a | -4x | 0.08x |
| Tue, 14 Jun 2022 | €13.8b | €134.5b | -€2,575,000,000.00 | n/a | -5.4x | 0.1x |
| Thu, 12 May 2022 | €14.3b | €112.4b | €739.0m | 19.4x | 19.4x | 0.1x |
| Sat, 09 Apr 2022 | €14.7b | €112.4b | €739.0m | 19.9x | 19.9x | 0.1x |
| Mon, 07 Mar 2022 | €13.6b | €112.4b | €739.0m | 18.3x | 18.3x | 0.1x |
| Wed, 02 Feb 2022 | €21.5b | €83.6b | €277.0m | 77.6x | 77.6x | 0.3x |
| Fri, 31 Dec 2021 | €24.0b | €83.6b | €277.0m | 86.6x | 86.6x | 0.3x |
Price to Earnings Ratio
86.6x
Current Industry PE
- There is only one company in the Finnish Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 64% per year over the last three years.
- Meanwhile revenues for these companies have declined 58% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Finnish Utilities sector?
| FI Market | -2.05% | |
| Utilities | 0.49% | |
| Electric Utilities | 0.49% | |
| Gas Utilities | 0% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
| Renewable Energy | 0% | |
Industry PE
- Investors are most optimistic about the Electric Utilities industry, which is trading close to its 3-year average PE ratio of 10.3x.
- Analysts are expecting annual earnings decline of 12.0%, which is less than its past year's earnings decline of 19.9%.
- Investors are most pessimistic about the Electric Utilities industry, which is trading close to its 3-year average of 10.3x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Electric Utilities industry since they expect its earnings to decline by only 12% per year over the next 5 years, which isn't as bad as the other industries.
- This is an improvement from its past earnings decline of 20% per year.
- In contrast, the Electric Utilities industry is expected to see its earnings decline by 12% 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 | |
|---|---|---|---|---|---|
| FORTUM Fortum Oyj | €13.23 | 0.5% +€58.3m | 0.8% | PE9.6x |