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Finnish (OMX) Market Analysis & Valuation

UpdatedOct 11, 2024
DataAggregated Company Financials
Companies169
  • 7D-0.5%
  • 3M1.2%
  • 1Y1.7%
  • YTD-1.0%

The market has been flat in the last week, however the Real Estate sector is down 8.0%. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 11 Oct 2024€265.2b€200.0b€14.6b18.5x18.1x1.3x
Sun, 08 Sep 2024€220.6b€188.2b€9.6b18.6x23.1x1.2x
Tue, 06 Aug 2024€209.9b€188.4b€9.9b17.7x21.2x1.1x
Thu, 04 Jul 2024€222.0b€188.2b€9.9b18.5x22.3x1.2x
Sat, 01 Jun 2024€228.7b€191.0b€10.0b18.6x22.9x1.2x
Mon, 29 Apr 2024€220.9b€192.4b€10.1b16.9x21.9x1.1x
Wed, 27 Mar 2024€221.0b€195.7b€10.1b16.9x21.8x1.1x
Fri, 23 Feb 2024€221.8b€195.1b€10.2b18x21.7x1.1x
Sun, 21 Jan 2024€222.7b€202.6b€12.9b18.8x17.3x1.1x
Tue, 19 Dec 2023€224.0b€202.7b€12.9b18.7x17.4x1.1x
Thu, 16 Nov 2023€221.5b€202.6b€12.9b17.8x17.2x1.1x
Sat, 14 Oct 2023€216.3b€208.3b€12.8b18.2x16.8x1x
Mon, 11 Sep 2023€223.6b€209.1b€12.8b18.9x17.4x1.1x
Wed, 09 Aug 2023€221.3b€208.4b€13.3b18.8x16.6x1.1x
Fri, 07 Jul 2023€227.3b€210.8b€17.3b18.4x13.1x1.1x
Sun, 04 Jun 2023€239.7b€210.8b€17.3b18.8x13.9x1.1x
Tue, 02 May 2023€248.7b€209.0b€17.2b18.4x14.4x1.2x
Thu, 30 Mar 2023€245.2b€208.7b€16.9b18.5x14.5x1.2x
Sat, 25 Feb 2023€255.8b€314.1b€14.7b18.9x17.3x0.8x
Mon, 23 Jan 2023€258.9b€310.1b€14.1b16.6x18.4x0.8x
Wed, 21 Dec 2022€254.0b€309.6b€14.1b15.6x18.1x0.8x
Fri, 18 Nov 2022€252.3b€309.3b€14.1b15.9x17.9x0.8x
Sun, 16 Oct 2022€224.8b€186.3b€15.5b15.6x14.5x1.2x
Tue, 13 Sep 2022€243.0b€186.3b€15.5b16.5x15.7x1.3x
Thu, 11 Aug 2022€258.6b€319.5b€13.2b18.2x19.6x0.8x
Sat, 09 Jul 2022€248.5b€313.7b€13.1b16.9x18.9x0.8x
Mon, 06 Jun 2022€261.2b€313.6b€13.1b17.4x19.9x0.8x
Wed, 04 May 2022€263.8b€291.1b€16.4b17.8x16.1x0.9x
Fri, 01 Apr 2022€265.3b€284.1b€14.7b19.2x18.1x0.9x
Sun, 27 Feb 2022€268.3b€255.7b€13.9b19.8x19.3x1x
Tue, 25 Jan 2022€279.9b€247.4b€8.8b22x31.8x1.1x
Thu, 23 Dec 2021€301.9b€247.3b€8.8b23.6x34.3x1.2x
Sat, 20 Nov 2021€302.7b€246.9b€8.8b24.2x34.4x1.2x
Mon, 18 Oct 2021€301.7b€232.9b€8.0b23.8x37.6x1.3x
Price to Earnings Ratio

37.6x


Total Market Cap: €301.7bTotal Earnings: €8.0bTotal Revenue: €232.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 20x202220232024
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 20.0x.
Past Earnings Growth
  • The earnings for Finnish listed companies have grown 22% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.9% 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-0.46%
Tech1.59%
Healthcare0.84%
Utilities0.61%
Telecom0.59%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Financials-0.057%
Consumer Discretionary-0.43%
Energy-0.47%
Materials-0.76%
Consumer Staples-0.97%
Industrials-1.73%
Real Estate-8.00%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 36.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 31.3% 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 98% 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
NOKIA Nokia Oyj€4.053.0%
+€610.6m
18.2%PE24.2xTech
NDA FI Nordea Bank Abp€10.430.9%
+€314.9m
-2.4%PB1.2xFinancials
ORNBV Orion Oyj€48.331.4%
+€95.5m
22.5%PE29.2xHealthcare
FORTUM Fortum Oyj€14.060.6%
+€76.3m
23.1%PE9.8xUtilities
ELISA Elisa Oyj€47.740.8%
+€57.8m
7.3%PE20.8xTelecom
See more
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Market Insights

Last week’s newsletter was part 1 of an introduction to the financial sector, and specifically banks and companies in the capital markets space. This week we are having a look at...

Latest News

PUUILO

€9.71

Puuilo Oyj

7D

3.2%

1Y

19.8%

ORNBV

€48.33

Orion Oyj

7D

1.4%

1Y

22.5%

KOJAMO

€9.43

Kojamo Oyj

7D

-8.0%

1Y

15.1%

SAMPO

€40.75

Sampo Oyj

7D

-1.5%

1Y

8.9%

NDA FI

€10.43

Nordea Bank Abp

7D

0.9%

1Y

-2.4%

NOKIA

€4.05

Nokia Oyj

7D

3.0%

1Y

18.2%

TYRES

€8.48

Nokian Renkaat Oyj

7D

1.9%

1Y

9.4%

MEKKO

€13.00

Marimekko Oyj

7D

3.8%

1Y

18.6%

KCR

€65.60

Konecranes

7D

-2.2%

1Y

99.2%

VALMT

€27.34

Valmet Oyj

7D

-1.9%

1Y

23.0%

FORTUM

€14.06

Fortum Oyj

7D

0.6%

1Y

23.1%