Header cover image

Finnish (OMX) Market Analysis & Valuation

UpdatedDec 19, 2024
DataAggregated Company Financials
Companies170
  • 7D-2.4%
  • 3M-6.2%
  • 1Y-6.8%
  • YTD-7.8%

Over the last 7 days, the market has dropped 2.4%, driven by a pullback of 3.0% in the Industrials sector. In the last 12 months the market is down 6.8%. As for the next few years, earnings are expected to grow by 14% per annum.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Dec 2024€246.5b€199.2b€14.7b17.7x16.7x1.2x
Sat, 16 Nov 2024€253.3b€199.8b€14.7b18.4x17.2x1.3x
Mon, 14 Oct 2024€266.1b€200.0b€14.6b18.5x18.2x1.3x
Wed, 11 Sep 2024€220.4b€188.2b€9.6b18.5x23.1x1.2x
Fri, 09 Aug 2024€216.5b€188.9b€10.0b17.9x21.7x1.1x
Sun, 07 Jul 2024€222.0b€188.2b€9.9b18.7x22.3x1.2x
Tue, 04 Jun 2024€229.3b€191.0b€10.0b18.3x23x1.2x
Thu, 02 May 2024€219.3b€190.9b€10.0b17.3x22x1.1x
Sat, 30 Mar 2024€220.0b€195.5b€10.2b17.2x21.5x1.1x
Mon, 26 Feb 2024€221.3b€195.0b€10.2b17.9x21.7x1.1x
Wed, 24 Jan 2024€225.1b€202.6b€12.9b18.5x17.5x1.1x
Fri, 22 Dec 2023€226.6b€202.7b€12.9b18.6x17.6x1.1x
Sun, 19 Nov 2023€221.1b€202.6b€12.9b18x17.2x1.1x
Tue, 17 Oct 2023€216.1b€208.4b€12.7b18.1x17.1x1x
Thu, 14 Sep 2023€222.6b€209.1b€12.8b18.7x17.3x1.1x
Sat, 12 Aug 2023€222.1b€209.7b€13.1b19.5x16.9x1.1x
Mon, 10 Jul 2023€227.9b€210.9b€17.3b18.4x13.2x1.1x
Wed, 07 Jun 2023€240.7b€210.8b€17.3b19.1x13.9x1.1x
Fri, 05 May 2023€247.0b€211.3b€17.2b18.7x14.3x1.2x
Sun, 02 Apr 2023€250.3b€208.7b€16.9b19x14.8x1.2x
Tue, 28 Feb 2023€258.8b€314.2b€14.7b19.5x17.6x0.8x
Thu, 26 Jan 2023€258.3b€310.2b€14.1b16.6x18.3x0.8x
Sat, 24 Dec 2022€254.7b€309.7b€14.0b15.8x18.1x0.8x
Mon, 21 Nov 2022€254.6b€309.4b€14.1b15.9x18.1x0.8x
Wed, 19 Oct 2022€231.0b€186.4b€15.5b15.8x14.9x1.2x
Fri, 16 Sep 2022€235.5b€186.3b€15.5b15.7x15.2x1.3x
Sun, 14 Aug 2022€260.0b€320.5b€13.2b18.3x19.8x0.8x
Tue, 12 Jul 2022€245.3b€313.7b€13.1b16.6x18.7x0.8x
Thu, 09 Jun 2022€263.1b€313.6b€13.1b17.4x20x0.8x
Sat, 07 May 2022€254.0b€292.4b€16.5b17.5x15.4x0.9x
Mon, 04 Apr 2022€268.1b€286.1b€16.5b19.2x16.2x0.9x
Wed, 02 Mar 2022€253.2b€255.8b€14.2b18.5x17.8x1x
Fri, 28 Jan 2022€286.4b€247.6b€8.8b22.5x32.5x1.2x
Sun, 26 Dec 2021€305.0b€247.3b€8.8b23.8x34.6x1.2x
Price to Earnings Ratio

34.6x


Total Market Cap: €305.0bTotal Earnings: €8.8bTotal Revenue: €247.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.9x202220232024
Current Market PE
  • Investors are pessimistic on the Finnish market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 16.7x which is lower than its 3-year average PE of 18.9x.
Past Earnings Growth
  • The earnings for Finnish listed companies have grown 19% per year over the last three years.
  • Meanwhile revenues for these companies have declined 7.0% 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-2.37%
Tech0.88%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Telecom-0.21%
Financials-0.54%
Healthcare-0.57%
Consumer Discretionary-1.45%
Industrials-3.04%
Real Estate-3.08%
Materials-4.74%
Utilities-4.77%
Consumer Staples-4.83%
Energy-11.32%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 43.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 48.2% which is higher than its past year's earnings decline of 7.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 85% over the next 5 years.
  • This is better than its past earnings growth rate of 27% per year.
  • In contrast, the Utilities sector 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?

CompanyLast Price7D1YValuationSector
NOKIA Nokia Oyj€4.282.5%
+€559.4m
40.5%PE25.3xTech
NDA FI Nordea Bank Abp€10.620.2%
+€87.3m
-4.9%PB1.2xFinancials
SANOMA Sanoma Oyj€7.593.1%
+€37.6m
10.3%PE50.4xTelecom
ORNBV Orion Oyj€43.180.4%
+€26.7m
12.5%PE18.3xHealthcare
ELISA Elisa Oyj€41.880.3%
+€19.3m
0.1%PE18.2xTelecom
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

This is our last newsletter of the year and a good time to focus on the third of those principles - the investing lessons we can all take from 2024...

Latest News

TNOM

€3.54

Talenom Oyj

7D

4.0%

1Y

-40.4%

YIT

€2.37

YIT Oyj

7D

2.6%

1Y

20.2%

KCR

€61.45

Konecranes

7D

-6.9%

1Y

55.7%

NDA FI

€10.47

Nordea Bank Abp

7D

-2.1%

1Y

-5.5%

SCANFL

€8.17

Scanfil Oyj

7D

1.2%

1Y

9.4%

UPM

€25.71

UPM-Kymmene Oyj

7D

-2.6%

1Y

-24.6%

SAMPO

€38.81

Sampo Oyj

7D

-1.8%

1Y

-1.5%

SANOMA

€7.64

Sanoma Oyj

7D

0.8%

1Y

10.6%

ESENSE

€2.90

Enersense International Oyj

7D

15.1%

1Y

-31.3%

NXTMH

€8.60

Nexstim

7D

29.9%

1Y

237.3%