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Finnish (OMX) Market Analysis & Valuation

UpdatedFeb 18, 2025
DataAggregated Company Financials
Companies170
  • 7D2.7%
  • 3M9.1%
  • 1Y4.1%
  • YTD7.5%

Over the last 7 days, the market has risen 2.7%, driven by gains of 4.7% in the Industrials sector. In contrast, the Energy sector is lagging, dropping 19%. As for the past 12 months, the market is up 4.1%. Looking forward, earnings are forecast to grow by 12% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Feb 2025€270.7b€195.4b€14.6b18.6x18.5x1.4x
Fri, 17 Jan 2025€252.4b€199.2b€14.7b18x17.1x1.3x
Sun, 15 Dec 2024€249.6b€199.2b€14.7b17.7x16.9x1.3x
Tue, 12 Nov 2024€256.7b€199.6b€14.8b18.3x17.4x1.3x
Thu, 10 Oct 2024€266.5b€200.1b€14.6b18.6x18.2x1.3x
Sat, 07 Sep 2024€220.6b€188.2b€9.6b18.6x23.1x1.2x
Mon, 05 Aug 2024€215.4b€188.4b€9.9b17.9x21.8x1.1x
Wed, 03 Jul 2024€223.4b€190.7b€10.0b18.5x22.4x1.2x
Fri, 31 May 2024€228.4b€191.0b€10.0b18.2x22.9x1.2x
Sun, 28 Apr 2024€220.9b€192.4b€10.1b16.9x21.9x1.1x
Tue, 26 Mar 2024€220.8b€195.7b€10.1b17x21.8x1.1x
Thu, 22 Feb 2024€222.2b€195.1b€10.2b17.9x21.7x1.1x
Sat, 20 Jan 2024€222.7b€202.6b€12.9b18.8x17.3x1.1x
Mon, 18 Dec 2023€224.0b€202.6b€12.9b18.6x17.4x1.1x
Wed, 15 Nov 2023€220.9b€202.6b€12.9b17.9x17.1x1.1x
Fri, 13 Oct 2023€218.0b€208.3b€12.8b18.3x17x1x
Sun, 10 Sep 2023€223.6b€209.1b€12.8b18.9x17.4x1.1x
Tue, 08 Aug 2023€222.4b€208.4b€13.3b18.7x16.7x1.1x
Thu, 06 Jul 2023€231.1b€210.8b€17.3b18.6x13.4x1.1x
Sat, 03 Jun 2023€239.7b€210.8b€17.3b18.8x13.9x1.1x
Mon, 01 May 2023€248.7b€210.8b€17.1b19.2x14.5x1.2x
Wed, 29 Mar 2023€244.1b€208.7b€16.9b18.6x14.5x1.2x
Fri, 24 Feb 2023€257.2b€314.3b€14.8b18.9x17.4x0.8x
Sun, 22 Jan 2023€258.9b€310.1b€14.1b16.6x18.4x0.8x
Tue, 20 Dec 2022€252.9b€309.6b€14.1b15.6x18x0.8x
Thu, 17 Nov 2022€255.1b€309.3b€14.1b15.9x18.1x0.8x
Sat, 15 Oct 2022€224.8b€186.3b€15.5b15.6x14.5x1.2x
Mon, 12 Sep 2022€240.0b€186.3b€15.5b16x15.5x1.3x
Wed, 10 Aug 2022€255.0b€320.2b€13.2b17.4x19.4x0.8x
Fri, 08 Jul 2022€247.6b€313.6b€13.1b16.8x18.9x0.8x
Sun, 05 Jun 2022€261.2b€313.6b€13.1b17.4x19.9x0.8x
Tue, 03 May 2022€259.1b€291.1b€16.4b17.6x15.8x0.9x
Thu, 31 Mar 2022€266.8b€284.1b€14.7b19.2x18.2x0.9x
Sat, 26 Feb 2022€258.6b€255.6b€13.9b19x18.6x1x
Price to Earnings Ratio

18.6x


Total Market Cap: €258.6bTotal Earnings: €13.9bTotal Revenue: €255.6bTotal 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 8.6% 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 Market2.68%
Materials6.84%
Industrials4.66%
Financials3.10%
Consumer Staples2.93%
Telecom2.80%
Tech2.75%
Consumer Discretionary1.32%
Utilities0.77%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Healthcare-1.50%
Real Estate-5.65%
Energy-18.63%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 46.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 34.9% which is higher than its past year's earnings decline of 13.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 53% 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
NDA FI Nordea Bank Abp€12.243.9%
+€1.6b
10.1%PB1.3xFinancials
KNEBV KONE Oyj€54.105.3%
+€1.4b
17.6%PE29.4xIndustrials
UPM UPM-Kymmene Oyj€29.619.3%
+€1.3b
0.9%PE36.2xMaterials
METSO Metso Oyj€11.1915.1%
+€1.2b
11.4%PE19.1xIndustrials
STERV Stora Enso Oyj€10.9912.7%
+€977.9m
-1.3%PS1xMaterials
See more
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NOKIA

€4.79

Nokia Oyj

7D

2.5%

1Y

48.0%

STERV

€10.99

Stora Enso Oyj

7D

12.7%

1Y

-1.3%

VALMT

€28.12

Valmet Oyj

7D

6.1%

1Y

13.8%

TTALO

€11.24

Terveystalo Oyj

7D

-4.9%

1Y

47.5%

CGCBV

€47.80

Cargotec

7D

-5.6%

1Y

-22.6%

METSO

€11.19

Metso Oyj

7D

15.1%

1Y

11.4%

KOJAMO

€9.17

Kojamo Oyj

7D

-7.9%

1Y

-11.7%

SAMPO

€8.08

Sampo Oyj

7D

-0.4%

1Y

-2.6%

UPM

€29.61

UPM-Kymmene Oyj

7D

9.3%

1Y

0.9%

SFOODS

€3.17

Solar Foods Oyj

7D

-18.5%

1Y

n/a

KNEBV

€54.10

KONE Oyj

7D

5.3%

1Y

17.6%

NDA FI

€12.24

Nordea Bank Abp

7D

3.9%

1Y

10.1%