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Finnish (OMX) Market Analysis & Valuation

UpdatedMay 02, 2025
DataAggregated Company Financials
Companies170
  • 7D3.0%
  • 3M-0.5%
  • 1Y-0.3%
  • YTD3.5%

Over the last 7 days, the market has risen 3.0%, driven by gains of 5.0% in the Industrials sector. As for last year, the market performance has been flat. Earnings are forecast to grow by 13% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 May 2025€261.6b€196.0b€13.7b20x19.2x1.3x
Sun, 30 Mar 2025€264.6b€195.1b€14.6b19.7x18.1x1.4x
Tue, 25 Feb 2025€270.9b€195.4b€14.6b19.3x18.5x1.4x
Thu, 23 Jan 2025€256.2b€199.2b€14.7b18.1x17.4x1.3x
Sat, 21 Dec 2024€243.7b€199.2b€14.7b17.4x16.5x1.2x
Mon, 18 Nov 2024€253.3b€199.8b€14.7b18x17.2x1.3x
Wed, 16 Oct 2024€263.6b€200.0b€14.6b18.4x18x1.3x
Fri, 13 Sep 2024€219.0b€188.2b€9.6b18.1x22.9x1.2x
Sun, 11 Aug 2024€216.8b€188.4b€9.9b18x22x1.2x
Tue, 09 Jul 2024€220.9b€188.2b€9.9b18.6x22.2x1.2x
Thu, 06 Jun 2024€228.3b€190.9b€10.0b18.4x22.9x1.2x
Sat, 04 May 2024€222.4b€190.9b€10.0b17.6x22.3x1.2x
Mon, 01 Apr 2024€220.0b€195.5b€10.2b17.2x21.5x1.1x
Wed, 28 Feb 2024€221.4b€195.0b€10.2b18x21.8x1.1x
Fri, 26 Jan 2024€229.0b€200.9b€9.7b18.8x23.7x1.1x
Sun, 24 Dec 2023€228.6b€202.7b€12.9b19x17.8x1.1x
Tue, 21 Nov 2023€221.4b€202.6b€12.9b18.2x17.2x1.1x
Thu, 19 Oct 2023€210.5b€208.4b€12.7b18.1x16.6x1x
Sat, 16 Sep 2023€226.8b€209.1b€12.8b18.8x17.7x1.1x
Mon, 14 Aug 2023€222.1b€209.0b€12.9b19.2x17.3x1.1x
Wed, 12 Jul 2023€228.8b€210.9b€17.3b18.3x13.2x1.1x
Fri, 09 Jun 2023€239.5b€210.7b€17.3b19.2x13.9x1.1x
Sun, 07 May 2023€249.7b€211.4b€17.3b19.6x14.5x1.2x
Tue, 04 Apr 2023€249.8b€208.7b€16.9b19x14.8x1.2x
Thu, 02 Mar 2023€257.9b€314.1b€14.7b19.3x17.5x0.8x
Sat, 28 Jan 2023€260.6b€311.4b€16.6b16.9x15.7x0.8x
Mon, 26 Dec 2022€254.2b€309.7b€14.0b15.8x18.1x0.8x
Wed, 23 Nov 2022€255.2b€309.5b€14.1b15.6x18.1x0.8x
Fri, 21 Oct 2022€226.1b€184.3b€15.5b15.5x14.6x1.2x
Sun, 18 Sep 2022€233.4b€186.3b€15.5b15.6x15x1.3x
Tue, 16 Aug 2022€259.4b€320.4b€13.2b17.9x19.7x0.8x
Thu, 14 Jul 2022€243.7b€313.7b€13.1b16.6x18.6x0.8x
Sat, 11 Jun 2022€254.6b€313.6b€13.1b16.9x19.4x0.8x
Mon, 09 May 2022€254.0b€292.4b€16.5b17.5x15.4x0.9x
Price to Earnings Ratio

15.4x


Total Market Cap: €254.0bTotal Earnings: €16.5bTotal Revenue: €292.4bTotal 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 companies in the Finnish industry have declined 6.2% per year over the last three years.
  • Revenues have also declined 12% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Finnish Market?

FI Market3.02%
Energy14.77%
Utilities9.79%
Industrials4.98%
Real Estate3.10%
Telecom2.97%
Healthcare2.60%
Financials2.52%
Materials0.61%
Consumer Discretionary0.42%
Tech-0.096%
Consumer Staples-1.35%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 57.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 35.5% which is higher than its past year's earnings decline of 11.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 68% over the next 5 years.
  • In contrast, the Utilities sector is expected to see its earnings decline by 4.6% 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
KNEBV KONE Oyj€54.507.5%
+€2.0b
16.9%PE29.4xIndustrials
NDA FI Nordea Bank Abp€12.183.2%
+€1.3b
11.1%PB1.4xFinancials
FORTUM Fortum Oyj€14.759.8%
+€1.2b
13.8%PE12.5xUtilities
NESTE Neste Oyj€9.1614.8%
+€905.0m
-58.5%PS0.3xEnergy
WRT1V Wärtsilä Oyj Abp€16.265.9%
+€525.6m
-9.4%PE17.7xIndustrials
See more
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Market Insights

The level of uncertainty has been off the charts lately. That’s why we’ve been talking about defensive strategies over the last few weeks. Playing defense is one way to take on an uncertain future...

Latest News

SAMPO

€8.82

Sampo Oyj

7D

1.8%

1Y

17.3%

KNEBV

€54.50

KONE Oyj

7D

7.5%

1Y

16.9%

BITTI

€6.84

Bittium Oyj

7D

-11.6%

1Y

12.5%

HIAB

€41.82

Hiab Oyj

7D

7.7%

1Y

-44.1%

FORTUM

€14.75

Fortum Oyj

7D

9.8%

1Y

13.8%

FIA1S

€2.37

Finnair Oyj

7D

-19.8%

1Y

-19.9%

KESKOB

€20.20

Kesko Oyj

7D

-2.0%

1Y

25.2%

NESTE

€9.16

Neste Oyj

7D

14.8%

1Y

-58.5%

METSB

€3.21

Metsä Board Oyj

7D

-2.1%

1Y

-52.5%

LINDEX

€2.64

Lindex Group Oyj

7D

-12.1%

1Y

-10.7%

GOFORE

€15.76

Gofore Oyj

7D

-12.8%

1Y

-37.1%

SCANFL

€8.72

Scanfil Oyj

7D

-3.8%

1Y

14.3%

NDA FI

€12.18

Nordea Bank Abp

7D

3.2%

1Y

11.1%