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Finnish (OMX) Market Analysis & Valuation

UpdatedMay 17, 2025
DataAggregated Company Financials
Companies169
  • 7D3.1%
  • 3M1.7%
  • 1Y0.2%
  • YTD8.5%

Over the last 7 days, the market has risen 3.1%, driven by gains of 4.3% in the Industrials sector. The market has been flat overall in the last year. Looking forward, earnings are forecast to grow by 14% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 May 2025€273.9b€196.1b€13.5b19.5x20.3x1.4x
Mon, 14 Apr 2025€240.8b€195.6b€14.6b18.8x16.4x1.2x
Wed, 12 Mar 2025€273.0b€195.4b€14.6b20.1x18.7x1.4x
Fri, 07 Feb 2025€263.2b€199.6b€15.3b18.5x17.3x1.3x
Sun, 05 Jan 2025€251.2b€199.2b€14.7b18.1x17x1.3x
Tue, 03 Dec 2024€251.5b€199.9b€14.7b17.9x17.1x1.3x
Thu, 31 Oct 2024€259.2b€199.8b€14.6b18.2x17.8x1.3x
Sat, 28 Sep 2024€234.0b€188.3b€9.6b18.7x24.5x1.2x
Mon, 26 Aug 2024€226.0b€188.2b€9.5b18.6x23.7x1.2x
Wed, 24 Jul 2024€218.1b€189.5b€10.2b18.2x21.4x1.2x
Fri, 21 Jun 2024€224.8b€191.0b€10.0b18.8x22.5x1.2x
Sun, 19 May 2024€231.7b€190.9b€10.0b18.5x23.2x1.2x
Tue, 16 Apr 2024€221.8b€195.5b€10.2b17.6x21.7x1.1x
Thu, 14 Mar 2024€219.2b€195.1b€10.2b17.2x21.6x1.1x
Sat, 10 Feb 2024€220.6b€195.9b€9.3b18.5x23.8x1.1x
Mon, 08 Jan 2024€231.2b€202.7b€12.9b19x18x1.1x
Wed, 06 Dec 2023€221.2b€202.6b€12.9b18.2x17.2x1.1x
Fri, 03 Nov 2023€214.1b€203.1b€11.0b17.7x19.4x1.1x
Sun, 01 Oct 2023€218.4b€208.3b€12.8b18.7x17x1x
Tue, 29 Aug 2023€222.2b€209.1b€12.9b19.2x17.3x1.1x
Thu, 27 Jul 2023€230.4b€210.6b€16.9b18.5x13.6x1.1x
Sat, 24 Jun 2023€228.3b€210.8b€17.3b18.7x13.2x1.1x
Mon, 22 May 2023€242.3b€210.7b€17.3b19.6x14x1.1x
Wed, 19 Apr 2023€251.7b€208.8b€16.9b19.6x14.9x1.2x
Fri, 17 Mar 2023€244.3b€208.9b€16.9b19.3x14.5x1.2x
Sun, 12 Feb 2023€258.4b€314.7b€16.0b17x16.1x0.8x
Tue, 10 Jan 2023€262.9b€310.1b€14.1b16.1x18.6x0.8x
Thu, 08 Dec 2022€258.6b€309.6b€14.1b15.8x18.4x0.8x
Sat, 05 Nov 2022€234.5b€194.0b€15.2b15.8x15.4x1.2x
Mon, 03 Oct 2022€220.8b€186.3b€15.5b14.9x14.2x1.2x
Wed, 31 Aug 2022€242.0b€186.2b€15.5b16.5x15.6x1.3x
Fri, 29 Jul 2022€247.6b€316.8b€13.2b17x18.8x0.8x
Sun, 26 Jun 2022€241.1b€313.7b€13.1b16.7x18.4x0.8x
Tue, 24 May 2022€257.9b€313.6b€13.1b17.4x19.6x0.8x
Price to Earnings Ratio

19.6x


Total Market Cap: €257.9bTotal Earnings: €13.1bTotal Revenue: €313.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.2x202320242025
Current Market PE
  • Investors are optimistic on the Finnish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 20.3x which is higher than its 3-year average PE of 18.2x.
Past Earnings Growth
  • The earnings for Finnish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 14% 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 Market3.08%
Energy5.61%
Materials4.89%
Industrials4.30%
Healthcare3.55%
Tech2.97%
Utilities2.52%
Financials2.25%
Consumer Staples1.18%
Consumer Discretionary0.86%
Telecom-0.14%
Real Estate-0.28%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 62.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 35.0% which is higher than its past year's earnings decline of 10.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 67% over the next 5 years.
  • This is better than its past earnings decline of 20% per year.
  • 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
NDA FI Nordea Bank Abp€12.843.6%
+€1.5b
12.1%PB1.5xFinancials
KNEBV KONE Oyj€56.183.3%
+€942.5m
11.5%PE30.3xIndustrials
NOKIA Nokia Oyj€4.623.1%
+€749.2m
28.4%PE20.8xTech
WRT1V Wärtsilä Oyj Abp€17.945.9%
+€585.5m
-4.8%PE19.5xIndustrials
UPM UPM-Kymmene Oyj€24.924.5%
+€564.2m
-29.0%PE43.7xMaterials
See more
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Tokmanni Group Oyj

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