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Finnish (OMX) Market Analysis & Valuation

UpdatedSep 29, 2024
DataAggregated Company Financials
Companies169
  • 7D4.5%
  • 3M4.6%
  • 1Y1.9%
  • YTD2.6%

Over the last 7 days, the market has risen 4.5%, driven by gains in every sector, especially the Industrials sector. In the last 12 months, the market has been flat. As for the next few years, earnings are expected to grow by 16% per annum.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 29 Sep 2024€234.0b€188.3b€9.6b18.7x24.5x1.2x
Tue, 27 Aug 2024€225.7b€188.2b€9.5b18.6x23.6x1.2x
Thu, 25 Jul 2024€215.6b€189.5b€10.1b18x21.3x1.1x
Sat, 22 Jun 2024€224.8b€191.0b€10.0b18.8x22.5x1.2x
Mon, 20 May 2024€231.7b€190.9b€10.0b18.5x23.2x1.2x
Wed, 17 Apr 2024€221.8b€195.5b€10.2b17.6x21.7x1.1x
Fri, 15 Mar 2024€217.8b€195.0b€10.2b17.3x21.5x1.1x
Sun, 11 Feb 2024€220.6b€195.6b€9.2b18.4x24x1.1x
Tue, 09 Jan 2024€231.9b€202.7b€12.9b19.1x18x1.1x
Thu, 07 Dec 2023€221.2b€202.6b€12.9b18.2x17.2x1.1x
Sat, 04 Nov 2023€215.5b€203.0b€11.0b17.8x19.5x1.1x
Mon, 02 Oct 2023€218.4b€208.3b€12.8b18.7x17x1x
Wed, 30 Aug 2023€225.9b€209.1b€12.9b19.2x17.6x1.1x
Fri, 28 Jul 2023€226.4b€210.9b€16.9b18.4x13.4x1.1x
Sun, 25 Jun 2023€228.3b€210.8b€17.3b18.7x13.2x1.1x
Tue, 23 May 2023€241.5b€210.7b€17.3b18.8x14x1.1x
Thu, 20 Apr 2023€250.4b€208.8b€16.9b19.7x14.8x1.2x
Sat, 18 Mar 2023€241.3b€208.9b€16.9b19.3x14.3x1.2x
Mon, 13 Feb 2023€258.4b€314.7b€29.0b17x8.9x0.8x
Wed, 11 Jan 2023€259.7b€310.1b€14.1b16x18.4x0.8x
Fri, 09 Dec 2022€257.5b€309.6b€14.1b15.8x18.3x0.8x
Sun, 06 Nov 2022€234.5b€194.0b€15.2b15.8x15.4x1.2x
Tue, 04 Oct 2022€223.9b€186.3b€15.5b15.2x14.4x1.2x
Thu, 01 Sep 2022€241.8b€186.2b€15.5b16.9x15.6x1.3x
Sat, 30 Jul 2022€257.9b€320.1b€13.3b17.3x19.3x0.8x
Mon, 27 Jun 2022€241.1b€313.7b€13.1b16.7x18.3x0.8x
Wed, 25 May 2022€256.3b€313.6b€13.1b17.2x19.5x0.8x
Fri, 22 Apr 2022€272.8b€286.0b€16.5b19.2x16.5x1x
Sun, 20 Mar 2022€267.3b€284.1b€14.7b19.2x18.1x0.9x
Tue, 15 Feb 2022€280.3b€254.8b€13.5b21.5x20.7x1.1x
Thu, 13 Jan 2022€306.4b€247.4b€8.8b24x34.8x1.2x
Sat, 11 Dec 2021€299.3b€247.0b€8.8b23.3x34x1.2x
Mon, 08 Nov 2021€303.9b€237.2b€9.7b23.2x31.3x1.3x
Wed, 06 Oct 2021€294.0b€232.9b€8.0b23.2x36.7x1.3x
Price to Earnings Ratio

36.7x


Total Market Cap: €294.0bTotal Earnings: €8.0bTotal Revenue: €232.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 20.1x202220232024
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 24.5x which is higher than its 3-year average PE of 20.1x.
Past Earnings Growth
  • The earnings for Finnish listed companies have grown 6.0% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.8% 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 Market4.50%
Industrials8.08%
Utilities4.70%
Consumer Staples3.89%
Materials3.35%
Tech3.15%
Financials3.03%
Energy2.84%
Healthcare2.70%
Consumer Discretionary2.49%
Real Estate1.24%
Telecom1.22%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 35.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 31.2% which is higher than its past year's earnings decline of 68.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 94% over the next 5 years.
  • This is better than its past earnings growth rate of 62% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 13% 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
KNEBV KONE Oyj€53.7010.7%
+€2.7b
34.5%PE28.3xIndustrials
VALMT Valmet Oyj€29.6816.9%
+€791.9m
37.0%PE18.1xIndustrials
METSO Metso Oyj€9.5611.0%
+€781.0m
-4.0%PE15.6xIndustrials
NOKIA Nokia Oyj€3.943.5%
+€734.9m
10.5%PE23.6xTech
SAMPO Sampo Oyj€42.113.1%
+€675.5m
2.8%PE18.3xFinancials
See more
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OPTOMED

€4.64

Optomed Oyj

7D

-12.3%

1Y

70.9%

HEALTH

€3.09

Nightingale Health Oyj

7D

-7.2%

1Y

199.4%

VALMT

€29.68

Valmet Oyj

7D

16.9%

1Y

37.0%

SFOODS

€8.39

Solar Foods Oyj

7D

-4.7%

1Y

n/a

FORTUM

€14.83

Fortum Oyj

7D

4.7%

1Y

34.8%

EQV1V

€13.75

eQ Oyj

7D

-2.1%

1Y

-21.4%

DETEC

€17.65

Detection Technology Oyj

7D

-4.3%

1Y

43.5%

ENENTO

€19.20

Enento Group Oyj

7D

-3.5%

1Y

-9.4%

MUSTI

€26.00

Musti Group Oyj

7D

-4.1%

1Y

44.4%