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Finnish (OMX) Market Analysis & Valuation

UpdatedJul 02, 2024
DataAggregated Company Financials
Companies171
  • 7D-1.4%
  • 3M2.2%
  • 1Y-8.3%
  • YTD-1.9%

Over the last 7 days, the market has dropped 1.4%, driven by a loss of 4.7% in the Industrials sector. In the last 12 months the market is down 8.3%. Looking forward, earnings are forecast to grow by 15% annually.

Trending IndustriesSoftware

Market Valuation and Performance

Has the Finnish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Jul 2024€221.7b€190.7b€10.0b18.4x22.2x1.2x
Thu, 30 May 2024€227.6b€191.0b€10.0b18.1x22.8x1.2x
Sat, 27 Apr 2024€220.9b€192.4b€10.1b16.9x21.9x1.1x
Mon, 25 Mar 2024€220.2b€195.7b€10.1b17x21.7x1.1x
Wed, 21 Feb 2024€221.6b€195.1b€10.2b18.3x21.6x1.1x
Fri, 19 Jan 2024€225.5b€202.6b€12.9b18.8x17.5x1.1x
Sun, 17 Dec 2023€224.0b€202.6b€12.9b18.6x17.4x1.1x
Tue, 14 Nov 2023€216.4b€202.6b€12.9b17.8x16.8x1.1x
Thu, 12 Oct 2023€217.8b€208.3b€12.8b18.3x17x1x
Sat, 09 Sep 2023€223.6b€209.1b€12.8b18.9x17.4x1.1x
Mon, 07 Aug 2023€222.0b€208.4b€13.3b18.7x16.7x1.1x
Wed, 05 Jul 2023€232.4b€210.8b€17.3b18.5x13.4x1.1x
Fri, 02 Jun 2023€234.8b€210.8b€17.3b18.8x13.6x1.1x
Sun, 30 Apr 2023€248.7b€210.8b€17.1b19.2x14.5x1.2x
Tue, 28 Mar 2023€244.4b€208.7b€16.9b18.8x14.5x1.2x
Thu, 23 Feb 2023€257.6b€314.3b€14.8b19x17.5x0.8x
Sat, 21 Jan 2023€258.9b€310.1b€14.1b16.6x18.4x0.8x
Mon, 19 Dec 2022€250.9b€309.6b€14.1b15.8x17.9x0.8x
Wed, 16 Nov 2022€257.2b€309.2b€14.0b16x18.3x0.8x
Fri, 14 Oct 2022€222.7b€186.3b€15.5b15.7x14.4x1.2x
Sun, 11 Sep 2022€240.0b€186.3b€15.5b16x15.5x1.3x
Tue, 09 Aug 2022€256.7b€320.2b€13.2b17.7x19.5x0.8x
Thu, 07 Jul 2022€241.9b€313.6b€13.1b16.3x18.4x0.8x
Sat, 04 Jun 2022€261.2b€313.6b€13.1b17.4x19.9x0.8x
Mon, 02 May 2022€264.0b€291.5b€16.4b17.9x16.1x0.9x
Wed, 30 Mar 2022€268.9b€284.1b€14.7b19.3x18.3x0.9x
Fri, 25 Feb 2022€258.6b€255.6b€13.9b19x18.6x1x
Sun, 23 Jan 2022€293.9b€247.4b€8.8b23.4x33.4x1.2x
Tue, 21 Dec 2021€295.1b€247.1b€8.8b23.1x33.5x1.2x
Thu, 18 Nov 2021€305.6b€246.9b€8.8b24.1x34.7x1.2x
Sat, 16 Oct 2021€300.7b€232.9b€8.0b23.8x37.5x1.3x
Mon, 13 Sep 2021€312.9b€232.9b€8.0b24.5x39x1.3x
Wed, 11 Aug 2021€315.5b€232.6b€8.0b24.8x39.4x1.4x
Price to Earnings Ratio

37.1x


Total Market Cap: €296.5bTotal Earnings: €8.0bTotal Revenue: €232.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 21x202220232024
Current Market PE
  • Investors are relatively neutral on the Finnish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 21.0x.
Past Earnings Growth
  • The earnings for Finnish listed companies have grown 7.6% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.4% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits are increasing.

Sector Trends

Which sectors have driven the changes within the Finnish Market?

FI Market-1.37%
Tech2.26%
Real Estate1.85%
Healthcare1.73%
Energy0.45%
Telecom0.05%
Materials-0.10%
Financials-0.76%
Consumer Staples-1.20%
Consumer Discretionary-2.04%
Utilities-3.11%
Industrials-4.70%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 27.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 30.3% which is higher than its past year's earnings decline of 67.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 64% over the next 5 years.
  • However this is lower than its past earnings growth rate of 283% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 16% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
NOKIA Nokia Oyj€3.674.2%
+€801.7m
-6.5%PE24.8xTech
STERV Stora Enso Oyj€12.892.5%
+€244.5m
19.1%PS1.2xMaterials
ORNBV Orion Oyj€41.443.6%
+€200.9m
10.0%PE26.9xHealthcare
KOJAMO Kojamo Oyj€9.692.6%
+€60.6m
9.0%PS5.4xReal Estate
NESTE Neste Oyj€16.860.4%
+€57.6m
-53.0%PE9.5xEnergy
See more
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Market Insights

And just like that, we are into the third quarter and the second half of 2024. Equity markets have done better...

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CGCBV

€47.16

Cargotec

7D

-39.9%

1Y

-5.6%

NOKIA

€3.67

Nokia Oyj

7D

4.2%

1Y

-6.5%

ELISA

€43.06

Elisa Oyj

7D

0.5%

1Y

-10.9%

FORTUM

€14.02

Fortum Oyj

7D

-3.1%

1Y

11.7%

UPM

€32.85

UPM-Kymmene Oyj

7D

-0.6%

1Y

18.4%

SAMPO

€40.18

Sampo Oyj

7D

-0.5%

1Y

-2.3%

KCR

€54.40

Konecranes

7D

0.7%

1Y

49.0%

KESKOB

€16.61

Kesko Oyj

7D

-1.7%

1Y

-5.1%

KOJAMO

€9.69

Kojamo Oyj

7D

2.6%

1Y

9.0%