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Finnish (OMX) Market Analysis & Valuation

UpdatedNov 13, 2024
DataAggregated Company Financials
Companies170
  • 7D-2.7%
  • 3M-2.4%
  • 1Y-2.1%
  • YTD-6.1%

Over the last 7 days, the market has dropped 2.7%, driven by declines in the Financials and Materials sectors of 2.8% and 5.1%, respectively. Meanwhile, the Real Estate sector has outperformed, gaining 4.6% in that time. Overall the market has been flat in the last year. 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, 14 Nov 2024€251.3b€199.8b€14.8b18.3x17x1.3x
Sat, 12 Oct 2024€266.1b€200.0b€14.6b18.5x18.2x1.3x
Mon, 09 Sep 2024€220.6b€188.2b€9.6b18.6x23.1x1.2x
Wed, 07 Aug 2024€210.9b€188.4b€9.9b18.1x21.3x1.1x
Fri, 05 Jul 2024€223.1b€188.2b€9.9b18.5x22.5x1.2x
Sun, 02 Jun 2024€228.7b€191.0b€10.0b18.6x22.9x1.2x
Tue, 30 Apr 2024€222.4b€192.4b€10.1b17.4x22x1.2x
Thu, 28 Mar 2024€221.3b€195.7b€10.1b17x21.8x1.1x
Sat, 24 Feb 2024€221.3b€195.0b€10.2b18x21.7x1.1x
Mon, 22 Jan 2024€222.7b€202.6b€12.9b18.8x17.3x1.1x
Wed, 20 Dec 2023€226.7b€202.7b€12.9b18.6x17.6x1.1x
Fri, 17 Nov 2023€221.5b€202.6b€12.9b17.8x17.2x1.1x
Sun, 15 Oct 2023€216.3b€208.4b€12.7b18.2x17.1x1x
Tue, 12 Sep 2023€226.1b€209.1b€12.8b18.7x17.6x1.1x
Thu, 10 Aug 2023€223.5b€208.3b€13.3b19.3x16.8x1.1x
Sat, 08 Jul 2023€227.9b€210.9b€17.3b18.4x13.2x1.1x
Mon, 05 Jun 2023€239.7b€210.8b€17.3b18.8x13.9x1.1x
Wed, 03 May 2023€246.8b€211.2b€17.2b18.6x14.3x1.2x
Fri, 31 Mar 2023€248.5b€208.7b€16.9b18.8x14.7x1.2x
Sun, 26 Feb 2023€255.7b€314.3b€14.7b19x17.4x0.8x
Tue, 24 Jan 2023€260.9b€310.2b€14.1b16.6x18.5x0.8x
Thu, 22 Dec 2022€255.6b€309.6b€14.1b15.9x18.2x0.8x
Sat, 19 Nov 2022€254.6b€309.3b€14.1b15.9x18.1x0.8x
Mon, 17 Oct 2022€224.8b€186.3b€15.5b15.6x14.5x1.2x
Wed, 14 Sep 2022€243.0b€186.3b€15.5b16.5x15.7x1.3x
Fri, 12 Aug 2022€260.2b€319.8b€13.2b17.7x19.7x0.8x
Sun, 10 Jul 2022€248.5b€313.7b€13.1b16.9x18.9x0.8x
Tue, 07 Jun 2022€264.1b€313.6b€13.1b17.6x20.1x0.8x
Thu, 05 May 2022€261.1b€291.1b€16.4b17.6x16x0.9x
Sat, 02 Apr 2022€267.0b€284.1b€14.7b19.2x18.2x0.9x
Mon, 28 Feb 2022€268.3b€255.7b€13.9b19.5x19.3x1x
Wed, 26 Jan 2022€283.1b€247.4b€8.8b22.4x32.2x1.1x
Fri, 24 Dec 2021€305.0b€247.3b€8.8b23.8x34.6x1.2x
Sun, 21 Nov 2021€302.3b€246.9b€8.8b23.7x34.4x1.2x
Price to Earnings Ratio

34.4x


Total Market Cap: €302.3bTotal Earnings: €8.8bTotal Revenue: €246.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 19.4x202220232024
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 17.0x which is lower than its 3-year average PE of 19.5x.
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 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 Market-2.69%
Real Estate4.63%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Telecom-1.02%
Healthcare-1.49%
Tech-1.65%
Industrials-1.82%
Consumer Staples-2.36%
Utilities-2.45%
Financials-2.77%
Consumer Discretionary-2.82%
Materials-5.07%
Energy-8.32%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 41.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 52.3% which is higher than its past year's earnings decline of 12.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 89% 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
WRT1V Wärtsilä Oyj Abp€18.514.0%
+€424.1m
54.8%PE24.9xIndustrials
NESTE Neste Oyj€13.342.3%
+€234.3m
-61.2%PE23.3xEnergy
KCR Konecranes€65.803.2%
+€162.4m
89.0%PE14.6xIndustrials
CGCBV Cargotec€58.834.4%
+€157.9m
37.1%PE11.2xIndustrials
KOJAMO Kojamo Oyj€9.326.5%
+€140.9m
-4.9%PS5.1xReal Estate
See more
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SAMPO

€39.76

Sampo Oyj

7D

-3.0%

1Y

3.9%

KOJAMO

€9.32

Kojamo Oyj

7D

6.5%

1Y

-4.9%

METSO

€8.26

Metso Oyj

7D

-4.2%

1Y

-10.0%

REG1V

€28.42

Revenio Group Oyj

7D

3.6%

1Y

19.6%

STERV

€9.69

Stora Enso Oyj

7D

-6.4%

1Y

-20.9%

KCR

€65.80

Konecranes

7D

3.2%

1Y

89.0%

MANTA

€4.26

Mandatum Oyj

7D

1.0%

1Y

11.7%