Header cover image

Finnish (OMX) Market Analysis & Valuation

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies170
  • 7D2.3%
  • 3M6.4%
  • 1Y2.9%
  • YTD6.7%

The market is up 2.3% over the last week, with the Industrials sector leading the way, up 5.5%. In contrast, the Energy sector is lagging, dropping 10%. As for last year, the market performance has been flat. Earnings are forecast to grow by 13% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025€268.5b€195.6b€14.6b18.5x18.4x1.4x
Tue, 14 Jan 2025€249.6b€199.2b€14.7b17.8x16.9x1.3x
Thu, 12 Dec 2024€252.4b€199.2b€14.7b18.2x17.1x1.3x
Sat, 09 Nov 2024€255.3b€199.6b€14.8b18.2x17.3x1.3x
Mon, 07 Oct 2024€232.0b€188.3b€9.6b18.9x24.3x1.2x
Wed, 04 Sep 2024€227.7b€188.2b€9.6b18.6x23.8x1.2x
Fri, 02 Aug 2024€220.5b€188.4b€9.9b18.1x22.2x1.2x
Sun, 30 Jun 2024€221.0b€190.7b€10.0b18.4x22.2x1.2x
Tue, 28 May 2024€232.0b€191.0b€10.0b18.2x23.2x1.2x
Thu, 25 Apr 2024€223.0b€194.2b€10.3b17x21.6x1.1x
Sat, 23 Mar 2024€220.2b€195.1b€10.1b17x21.7x1.1x
Mon, 19 Feb 2024€223.0b€195.1b€10.2b18.6x21.8x1.1x
Wed, 17 Jan 2024€229.7b€202.7b€12.9b18.8x17.9x1.1x
Fri, 15 Dec 2023€225.3b€202.6b€12.9b18.3x17.5x1.1x
Sun, 12 Nov 2023€216.1b€202.6b€12.9b17.9x16.7x1.1x
Tue, 10 Oct 2023€213.1b€208.3b€12.8b18.1x16.6x1x
Thu, 07 Sep 2023€226.4b€209.1b€12.8b18.9x17.6x1.1x
Sat, 05 Aug 2023€222.0b€209.1b€16.4b18.7x13.5x1.1x
Mon, 03 Jul 2023€230.1b€210.9b€17.3b18.8x13.3x1.1x
Wed, 31 May 2023€236.6b€210.8b€17.3b18.9x13.7x1.1x
Fri, 28 Apr 2023€248.6b€210.5b€17.2b19.1x14.4x1.2x
Sun, 26 Mar 2023€242.4b€208.7b€16.9b18.5x14.4x1.2x
Tue, 21 Feb 2023€259.3b€314.3b€14.8b18.8x17.5x0.8x
Thu, 19 Jan 2023€260.9b€310.2b€14.1b16.4x18.5x0.8x
Sat, 17 Dec 2022€250.9b€309.6b€14.1b15.8x17.9x0.8x
Mon, 14 Nov 2022€256.7b€309.2b€14.0b16x18.3x0.8x
Wed, 12 Oct 2022€221.9b€186.3b€15.5b15.3x14.3x1.2x
Fri, 09 Sep 2022€236.7b€186.3b€15.5b15.8x15.3x1.3x
Sun, 07 Aug 2022€255.1b€320.2b€13.2b17.6x19.4x0.8x
Tue, 05 Jul 2022€244.8b€313.7b€13.1b16.5x18.6x0.8x
Thu, 02 Jun 2022€258.2b€313.6b€13.1b17.3x19.7x0.8x
Sat, 30 Apr 2022€263.9b€288.0b€16.1b18.4x16.4x0.9x
Mon, 28 Mar 2022€259.4b€284.0b€14.7b19x17.7x0.9x
Wed, 23 Feb 2022€270.6b€255.5b€13.9b19.6x19.4x1.1x
Price to Earnings Ratio

19.4x


Total Market Cap: €270.6bTotal Earnings: €13.9bTotal Revenue: €255.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.1x202320242025
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 18.1x.
Past Earnings Growth
  • The earnings for Finnish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 8.5% 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 Market2.29%
Industrials5.47%
Materials5.09%
Tech2.65%
Telecom2.40%
Consumer Staples2.32%
Financials0.93%
Utilities0.67%
Consumer Discretionary0.64%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Healthcare-2.50%
Real Estate-3.41%
Energy-10.47%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 46.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 35.1% which is higher than its past year's earnings decline of 7.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 65% over the next 5 years.
  • In contrast, the Utilities sector is expected to see its earnings decline by 6.6% 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€52.826.5%
+€1.7b
12.4%PE28.7xIndustrials
NDA FI Nordea Bank Abp€11.852.3%
+€922.6m
7.9%PB1.3xFinancials
METSO Metso Oyj€10.7010.9%
+€866.8m
2.9%PE18.2xIndustrials
UPM UPM-Kymmene Oyj€29.465.7%
+€853.3m
1.9%PE36xMaterials
NOKIA Nokia Oyj€4.772.5%
+€587.8m
45.1%PE15xTech
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

The oil and gas sector is inherently uncertain, but 2025 is shaping up to be even more so. Donald Trump's trade negotiations, efforts to resolve international conflicts...

Latest News

STERV

€10.92

Stora Enso Oyj

7D

4.1%

1Y

-2.5%

HUH1V

€38.52

Huhtamäki Oyj

7D

10.1%

1Y

0.9%

TTALO

€10.88

Terveystalo Oyj

7D

-8.3%

1Y

38.6%

METSO

€10.70

Metso Oyj

7D

10.9%

1Y

2.9%

KOJAMO

€9.32

Kojamo Oyj

7D

-4.9%

1Y

-11.3%

NESTE

€10.47

Neste Oyj

7D

-10.5%

1Y

-61.7%

SAMPO

€7.98

Sampo Oyj

7D

-2.2%

1Y

-4.0%

UPM

€29.46

UPM-Kymmene Oyj

7D

5.7%

1Y

1.9%

WRT1V

€18.61

Wärtsilä Oyj Abp

7D

-1.8%

1Y

27.1%

NOKIA

€4.77

Nokia Oyj

7D

2.5%

1Y

45.1%

KNEBV

€52.82

KONE Oyj

7D

6.5%

1Y

12.4%

NDA FI

€11.85

Nordea Bank Abp

7D

2.3%

1Y

7.9%