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Finnish (OMX) Market Analysis & Valuation

UpdatedDec 29, 2025
DataAggregated Company Financials
Companies173
  • 7D0.7%
  • 3M10.2%
  • 1Y27.8%
  • YTD25.4%

In the last week, the market has been flat. More promisingly, the market is up 28% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Dec 2025€318.6b€197.3b€13.4b19.1x23.8x1.6x
Wed, 26 Nov 2025€303.4b€197.1b€13.4b18.6x22.7x1.5x
Fri, 24 Oct 2025€304.8b€197.6b€13.2b20.1x23x1.5x
Sun, 21 Sep 2025€286.9b€196.1b€13.2b20x21.7x1.5x
Tue, 19 Aug 2025€281.4b€196.1b€13.2b20.2x21.4x1.4x
Thu, 17 Jul 2025€277.0b€196.1b€13.5b20.3x20.5x1.4x
Sat, 14 Jun 2025€272.3b€196.1b€13.5b20x20.2x1.4x
Mon, 12 May 2025€265.8b€196.2b€13.6b19.9x19.6x1.4x
Wed, 09 Apr 2025€238.8b€195.1b€14.6b17.5x16.3x1.2x
Fri, 07 Mar 2025€276.0b€195.4b€14.6b20.2x18.9x1.4x
Sun, 02 Feb 2025€261.8b€198.8b€15.5b18.3x16.9x1.3x
Tue, 31 Dec 2024€247.4b€199.2b€14.7b18x16.8x1.2x
Thu, 28 Nov 2024€247.9b€199.9b€14.7b17.9x16.8x1.2x
Sat, 26 Oct 2024€263.0b€199.4b€14.2b18.6x18.5x1.3x
Mon, 23 Sep 2024€224.0b€188.3b€9.6b18.5x23.4x1.2x
Wed, 21 Aug 2024€223.2b€188.6b€9.5b18.8x23.4x1.2x
Fri, 19 Jul 2024€219.3b€190.2b€10.1b18x21.7x1.2x
Sun, 16 Jun 2024€222.3b€191.0b€10.0b18.7x22.3x1.2x
Tue, 14 May 2024€229.8b€190.8b€10.0b17.9x23x1.2x
Thu, 11 Apr 2024€224.1b€195.5b€10.2b17.7x21.9x1.1x
Sat, 09 Mar 2024€218.9b€195.0b€10.2b17.2x21.5x1.1x
Mon, 05 Feb 2024€226.9b€200.2b€9.4b19x24.1x1.1x
Wed, 03 Jan 2024€229.6b€202.7b€12.9b19.1x17.8x1.1x
Fri, 01 Dec 2023€222.8b€202.6b€12.9b18.4x17.3x1.1x
Sun, 29 Oct 2023€206.5b€204.0b€11.6b17.2x17.8x1x
Tue, 26 Sep 2023€219.4b€208.3b€12.8b18.7x17.1x1.1x
Thu, 24 Aug 2023€220.1b€209.1b€12.9b19x17.1x1.1x
Sat, 22 Jul 2023€228.2b€210.5b€17.8b18.4x12.8x1.1x
Mon, 19 Jun 2023€242.9b€210.8b€17.3b19.4x14x1.2x
Wed, 17 May 2023€243.0b€211.2b€17.3b18.8x14x1.2x
Fri, 14 Apr 2023€250.8b€208.8b€16.9b19.5x14.8x1.2x
Sun, 12 Mar 2023€252.2b€208.9b€16.9b19.7x15x1.2x
Tue, 07 Feb 2023€259.7b€312.9b€16.6b16.9x15.6x0.8x
Thu, 05 Jan 2023€256.8b€310.0b€14.1b16x18.2x0.8x
Price to Earnings Ratio

18.2x


Total Market Cap: €256.8bTotal Earnings: €14.1bTotal Revenue: €310.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 19.1x20242025
Current Market PE
  • Investors are optimistic on the Finnish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 23.8x which is higher than its 3-year average PE of 19.1x.
Past Earnings Growth
  • The earnings for Finnish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 14% per year.
  • This means that the cost of doing business could be reducing since sales have declined yet profits have remained steady.

Sector Trends

Which sectors have driven the changes within the Finnish Market?

FI Market0.72%
Energy2.08%
Healthcare1.97%
Tech1.06%
Financials0.83%
Industrials0.70%
Materials0.18%
Utilities0.055%
Consumer Discretionary0.054%
Telecom-0.0085%
Consumer Staples-0.43%
Real Estate-0.45%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading above its 3-year average PE ratio of 17.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 51.3% which is higher than its past year's earnings decline of 12.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 68% over the next 5 years.
  • In contrast, the Financials industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
NDA FI Nordea Bank Abp€15.970.8%
+€438.2m		52.1%PB1.7xFinancials
NESTE Neste Oyj€18.891.1%
+€153.7m		55.8%PS0.7xEnergy
WRT1V Wärtsilä Oyj Abp€30.420.7%
+€123.6m		77.8%PE29.8xIndustrials
NOKIA Nokia Oyj€5.520.3%
+€89.5m		29.1%PE36.4xTech
ORNBV Orion Oyj€63.550.7%
+€63.3m		48.6%PE28.5xHealthcare
See more

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