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Finnish (OMX) Market Analysis & Valuation

UpdatedFeb 03, 2025
DataAggregated Company Financials
Companies169
  • 7D1.2%
  • 3M1.8%
  • 1Y0.3%
  • YTD4.1%

The market has climbed 1.2% over the last week, with theIndustrials and Financials sectors leading the way. On the other hand, with a decline of 6.4%, the Energy sector is lagging behind. In the last 12 months, the market has been flat. 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
Mon, 03 Feb 2025€261.8b€198.8b€15.5b18.3x16.9x1.3x
Wed, 01 Jan 2025€247.4b€199.2b€14.7b18x16.8x1.2x
Fri, 29 Nov 2024€249.5b€199.9b€14.7b17.7x17x1.2x
Sun, 27 Oct 2024€263.0b€199.4b€14.2b18.6x18.5x1.3x
Tue, 24 Sep 2024€224.0b€188.3b€9.6b18.5x23.4x1.2x
Thu, 22 Aug 2024€224.1b€188.6b€9.5b18.8x23.5x1.2x
Sat, 20 Jul 2024€217.7b€189.4b€10.2b17.8x21.3x1.1x
Mon, 17 Jun 2024€222.3b€191.0b€10.0b18.7x22.3x1.2x
Wed, 15 May 2024€231.6b€190.8b€10.0b18x23.2x1.2x
Fri, 12 Apr 2024€224.1b€195.5b€10.2b17.5x21.9x1.1x
Sun, 10 Mar 2024€218.9b€195.0b€10.2b16.9x21.5x1.1x
Tue, 06 Feb 2024€223.8b€199.2b€9.6b18.6x23.4x1.1x
Thu, 04 Jan 2024€227.3b€202.7b€12.9b18.9x17.7x1.1x
Sat, 02 Dec 2023€224.2b€202.6b€12.9b18.5x17.4x1.1x
Mon, 30 Oct 2023€206.5b€204.0b€11.6b17.2x17.8x1x
Wed, 27 Sep 2023€216.8b€208.3b€12.8b18.5x16.9x1x
Fri, 25 Aug 2023€219.1b€209.1b€12.9b18.5x17x1x
Sun, 23 Jul 2023€228.2b€210.5b€17.1b18.3x13.4x1.1x
Tue, 20 Jun 2023€240.4b€210.8b€17.3b18.9x13.9x1.1x
Thu, 18 May 2023€242.9b€211.2b€17.3b18.8x14x1.2x
Sat, 15 Apr 2023€252.0b€208.8b€16.9b19.4x14.9x1.2x
Mon, 13 Mar 2023€252.2b€208.9b€16.9b19.7x15x1.2x
Wed, 08 Feb 2023€259.5b€312.8b€16.6b17x15.7x0.8x
Fri, 06 Jan 2023€257.9b€310.1b€14.1b16x18.3x0.8x
Sun, 04 Dec 2022€263.2b€309.6b€14.1b16x18.7x0.9x
Tue, 01 Nov 2022€229.0b€194.9b€15.5b16.3x14.8x1.2x
Thu, 29 Sep 2022€221.1b€186.3b€15.5b15.1x14.2x1.2x
Sat, 27 Aug 2022€244.1b€186.1b€15.5b16.8x15.7x1.3x
Mon, 25 Jul 2022€250.2b€291.3b€13.2b17.3x19x0.9x
Wed, 22 Jun 2022€250.9b€313.6b€13.1b16.7x19.1x0.8x
Fri, 20 May 2022€253.0b€313.5b€13.1b17.3x19.3x0.8x
Sun, 17 Apr 2022€267.2b€286.0b€16.5b18.8x16.2x0.9x
Tue, 15 Mar 2022€264.5b€283.3b€14.7b19.1x18x0.9x
Thu, 10 Feb 2022€291.5b€250.6b€12.9b23x22.5x1.2x
Price to Earnings Ratio

22.5x


Total Market Cap: €291.5bTotal Earnings: €12.9bTotal Revenue: €250.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.2x202320242025
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 18.2x.
Past Earnings Growth
  • The earnings for Finnish listed companies have grown 6.2% per year over the last three years.
  • Meanwhile revenues for these companies have declined 7.4% 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 Market1.24%
Tech3.83%
Consumer Discretionary3.24%
Consumer Staples2.87%
Healthcare2.78%
Industrials2.30%
Materials2.09%
Real Estate1.55%
Utilities1.23%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Telecom-0.52%
Financials-0.72%
Energy-6.35%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 44.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 47.6% 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
NOKIA Nokia Oyj€4.544.6%
+€1.1b
35.4%PE14.3xTech
KNEBV KONE Oyj€50.004.0%
+€985.8m
9.8%PE27.2xIndustrials
FORTUM Fortum Oyj€14.005.3%
+€632.6m
13.5%PE10.2xUtilities
STERV Stora Enso Oyj€10.703.5%
+€287.8m
-4.2%PS0.9xMaterials
WRT1V Wärtsilä Oyj Abp€18.262.6%
+€273.9m
33.0%PE24.6xIndustrials
See more
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Elisa Oyj

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1Y

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TNOM

€3.48

Talenom Oyj

7D

-12.8%

1Y

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