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Finnish (OMX) Market Analysis & Valuation

UpdatedFeb 05, 2025
DataAggregated Company Financials
Companies170
  • 7D-0.1%
  • 3M1.6%
  • 1Y-1.3%
  • YTD2.7%

In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 4.7%. In line with that, the market has also been flat over the past 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
Wed, 05 Feb 2025€259.4b€198.9b€15.5b18.5x16.7x1.3x
Fri, 03 Jan 2025€251.9b€199.2b€14.7b18.2x17.1x1.3x
Sun, 01 Dec 2024€249.6b€199.9b€14.7b17.6x17x1.2x
Tue, 29 Oct 2024€265.0b€199.4b€14.2b18.5x18.7x1.3x
Thu, 26 Sep 2024€230.0b€188.3b€9.6b18.6x24.1x1.2x
Sat, 24 Aug 2024€226.0b€188.2b€9.5b18.7x23.7x1.2x
Mon, 22 Jul 2024€217.7b€189.5b€10.2b17.8x21.3x1.1x
Wed, 19 Jun 2024€224.0b€191.0b€10.0b18.8x22.5x1.2x
Fri, 17 May 2024€232.5b€190.8b€10.0b18.2x23.2x1.2x
Sun, 14 Apr 2024€223.2b€195.5b€10.2b17.7x21.9x1.1x
Tue, 12 Mar 2024€217.9b€195.0b€10.2b17.1x21.5x1.1x
Thu, 08 Feb 2024€223.8b€198.1b€8.9b18.7x25.1x1.1x
Sat, 06 Jan 2024€231.2b€202.7b€12.9b19x18x1.1x
Mon, 04 Dec 2023€224.2b€202.6b€12.9b18.5x17.4x1.1x
Wed, 01 Nov 2023€209.2b€203.8b€11.7b17.4x17.9x1x
Fri, 29 Sep 2023€216.8b€208.3b€12.8b18.5x16.9x1x
Sun, 27 Aug 2023€219.4b€209.1b€12.9b18.9x17.1x1x
Tue, 25 Jul 2023€229.1b€210.5b€17.1b18.3x13.4x1.1x
Thu, 22 Jun 2023€231.3b€210.8b€17.3b18.7x13.4x1.1x
Sat, 20 May 2023€242.3b€211.2b€17.3b19.6x14x1.1x
Mon, 17 Apr 2023€252.0b€208.8b€16.9b19.4x14.9x1.2x
Wed, 15 Mar 2023€249.7b€208.9b€16.9b19.7x14.8x1.2x
Fri, 10 Feb 2023€261.5b€290.1b€16.6b17.1x15.7x0.9x
Sun, 08 Jan 2023€257.9b€310.1b€14.1b16x18.3x0.8x
Tue, 06 Dec 2022€263.0b€309.6b€14.1b16x18.7x0.8x
Thu, 03 Nov 2022€229.2b€194.9b€15.5b16.2x14.8x1.2x
Sat, 01 Oct 2022€220.5b€186.3b€15.5b14.9x14.2x1.2x
Mon, 29 Aug 2022€244.1b€186.2b€15.5b16.8x15.7x1.3x
Wed, 27 Jul 2022€248.4b€316.7b€13.1b17x18.9x0.8x
Fri, 24 Jun 2022€241.1b€313.6b€13.1b16.7x18.3x0.8x
Sun, 22 May 2022€255.0b€313.6b€13.1b17.3x19.4x0.8x
Tue, 19 Apr 2022€267.2b€286.0b€16.5b18.8x16.2x0.9x
Thu, 17 Mar 2022€267.8b€283.3b€14.7b18.8x18.2x0.9x
Sat, 12 Feb 2022€287.5b€254.4b€13.5b22.4x21.3x1.1x
Price to Earnings Ratio

21.3x


Total Market Cap: €287.5bTotal Earnings: €13.5bTotal Revenue: €254.4bTotal 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 4.8% per year over the last three years.
  • Meanwhile revenues for these companies have declined 7.9% 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-0.13%
Utilities4.70%
Tech4.18%
Healthcare1.38%
Materials0.14%
Industrials0.061%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Consumer Staples-0.68%
Real Estate-1.14%
Consumer Discretionary-1.52%
Financials-1.95%
Telecom-2.50%
Energy-7.13%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 44.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 48.7% 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€4.515.5%
+€1.3b
35.5%PE14.2xTech
FORTUM Fortum Oyj€13.924.7%
+€560.8m
12.2%PE10.2xUtilities
WRT1V Wärtsilä Oyj Abp€17.932.0%
+€212.1m
29.0%PE24.1xIndustrials
KNEBV KONE Oyj€49.040.7%
+€178.4m
6.1%PE26.7xIndustrials
ORNBV Orion Oyj€51.661.4%
+€101.2m
21.1%PE21.9xHealthcare
See more
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Latest News

TYRES

€6.84

Nokian Renkaat Oyj

7D

-12.5%

1Y

-21.7%

ALMA

€11.80

Alma Media Oyj

7D

5.4%

1Y

18.0%

NOKIA

€4.51

Nokia Oyj

7D

5.5%

1Y

35.5%

NDA FI

€11.30

Nordea Bank Abp

7D

-2.6%

1Y

4.5%

VALMT

€25.83

Valmet Oyj

7D

-2.8%

1Y

-0.5%

HUH1V

€35.16

Huhtamäki Oyj

7D

-2.2%

1Y

-2.9%

FORTUM

€13.92

Fortum Oyj

7D

4.7%

1Y

12.2%