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Finnish (OMX) Market Analysis & Valuation

UpdatedJan 18, 2025
DataAggregated Company Financials
Companies170
  • 7D2.2%
  • 3M-4.3%
  • 1Y-1.5%
  • YTD1.2%

Over the last 7 days, the market has risen 2.2%, driven by gains in every sector, especially the Financials sector. As for last year, the market performance has been flat. Earnings are forecast to grow by 15% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 18 Jan 2025€254.9b€199.2b€14.7b18.1x17.3x1.3x
Mon, 16 Dec 2024€249.6b€199.2b€14.7b17.7x16.9x1.3x
Wed, 13 Nov 2024€251.3b€199.8b€14.8b18.3x17x1.3x
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
Price to Earnings Ratio

31.8x


Total Market Cap: €279.9bTotal Earnings: €8.8bTotal Revenue: €247.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.4x202320242025
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 18.4x.
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 Market2.20%
Healthcare6.84%
Real Estate5.46%
Telecom4.20%
Energy3.01%
Financials2.93%
Materials2.23%
Utilities2.21%
Consumer Discretionary1.52%
Tech1.37%
Industrials0.84%
Consumer Staples0.78%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 44.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 48.3% 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 7.7% 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
NDA FI Nordea Bank Abp€11.223.1%
+€1.2b
2.1%PB1.2xFinancials
SAMPO Sampo Oyj€40.012.9%
+€613.6m
4.6%PE17xFinancials
ORNBV Orion Oyj€49.379.4%
+€595.7m
14.5%PE20.9xHealthcare
KNEBV KONE Oyj€46.571.5%
+€351.9m
9.6%PE24.5xIndustrials
STERV Stora Enso Oyj€10.014.1%
+€309.9m
-13.4%PS0.9xMaterials
See more
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Market Insights

Earnings season is underway, which means analysts will probably be adjusting their earnings estimates and price targets over the next few months. As it stands, there’s a big difference between...

Latest News

SAMPO

€40.01

Sampo Oyj

7D

2.9%

1Y

4.6%

UNITED

€17.95

United Bankers Oyj

7D

-3.8%

1Y

23.8%

FORTUM

€13.65

Fortum Oyj

7D

2.2%

1Y

11.1%

STERV

€10.01

Stora Enso Oyj

7D

4.1%

1Y

-13.4%

ORNBV

€49.37

Orion Oyj

7D

9.4%

1Y

14.5%

WRT1V

€17.93

Wärtsilä Oyj Abp

7D

-0.5%

1Y

38.4%

NDA FI

€11.22

Nordea Bank Abp

7D

3.1%

1Y

2.1%

PIHLIS

€10.10

Pihlajalinna Oyj

7D

-3.8%

1Y

45.3%

HEALTH

€2.69

Nightingale Health Oyj

7D

-4.3%

1Y

122.3%