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Finnish (OMX) Market Analysis & Valuation

UpdatedAug 11, 2025
DataAggregated Company Financials
Companies168
  • 7D2.2%
  • 3M4.2%
  • 1Y10.6%
  • YTD11.6%

The market is up 2.2% over the last week, with the Financials sector leading the way, up 4.0%. In contrast, the Healthcare sector is lagging, dropping 5.9%. As for the past 12 months, the market is up 11%. Looking forward, earnings are forecast to grow by 16% annually.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 Aug 2025€281.9b€196.5b€13.3b20.7x21.2x1.4x
Thu, 10 Jul 2025€278.8b€196.1b€13.5b20.4x20.6x1.4x
Sat, 07 Jun 2025€275.0b€196.1b€13.5b20.3x20.4x1.4x
Mon, 05 May 2025€264.0b€196.0b€13.7b19.9x19.3x1.3x
Wed, 02 Apr 2025€262.6b€195.1b€14.6b19.4x18x1.3x
Fri, 28 Feb 2025€272.1b€195.4b€14.7b19.3x18.5x1.4x
Sun, 26 Jan 2025€258.9b€199.2b€14.7b18x17.6x1.3x
Tue, 24 Dec 2024€243.7b€199.2b€14.7b17.5x16.5x1.2x
Thu, 21 Nov 2024€248.7b€199.9b€14.7b18x16.9x1.2x
Sat, 19 Oct 2024€267.2b€199.7b€14.6b18.3x18.3x1.3x
Mon, 16 Sep 2024€220.7b€188.3b€9.6b18.4x23.1x1.2x
Wed, 14 Aug 2024€218.9b€188.6b€9.9b17.9x22.2x1.2x
Fri, 12 Jul 2024€220.8b€190.3b€10.1b17.9x21.8x1.2x
Sun, 09 Jun 2024€227.5b€191.0b€10.0b18.9x22.8x1.2x
Tue, 07 May 2024€224.8b€190.9b€10.0b17.6x22.5x1.2x
Thu, 04 Apr 2024€220.1b€195.5b€10.2b17.2x21.5x1.1x
Sat, 02 Mar 2024€219.7b€194.9b€10.2b17.7x21.6x1.1x
Mon, 29 Jan 2024€231.1b€200.9b€9.7b19.1x23.9x1.2x
Wed, 27 Dec 2023€228.6b€202.7b€12.9b19x17.8x1.1x
Fri, 24 Nov 2023€220.6b€202.6b€12.9b18.1x17.1x1.1x
Sun, 22 Oct 2023€204.4b€207.1b€12.3b17.8x16.6x1x
Tue, 19 Sep 2023€225.7b€209.1b€12.8b19x17.6x1.1x
Thu, 17 Aug 2023€218.8b€209.0b€12.9b19.1x17x1x
Sat, 15 Jul 2023€228.4b€210.9b€17.3b18.3x13.2x1.1x
Mon, 12 Jun 2023€241.0b€210.8b€17.3b19.2x13.9x1.1x
Wed, 10 May 2023€247.2b€210.7b€17.1b19.2x14.4x1.2x
Fri, 07 Apr 2023€249.5b€208.7b€16.9b19.2x14.8x1.2x
Sun, 05 Mar 2023€260.6b€205.9b€16.9b20.3x15.5x1.3x
Tue, 31 Jan 2023€258.8b€311.4b€16.6b16.9x15.6x0.8x
Thu, 29 Dec 2022€253.3b€309.7b€14.0b15.6x18x0.8x
Sat, 26 Nov 2022€257.7b€309.6b€14.1b15.9x18.3x0.8x
Mon, 24 Oct 2022€225.9b€188.2b€15.8b15.2x14.3x1.2x
Wed, 21 Sep 2022€226.1b€186.3b€15.5b15x14.6x1.2x
Fri, 19 Aug 2022€259.5b€320.5b€13.2b18x19.7x0.8x
Price to Earnings Ratio

19.7x


Total Market Cap: €259.5bTotal Earnings: €13.2bTotal Revenue: €320.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.3x202320242025
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 21.2x which is higher than its 3-year average PE of 18.3x.
Past Earnings Growth
  • The earnings for Finnish listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 15% 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 Market2.23%
Materials8.34%
Energy7.16%
Financials3.99%
Industrials1.18%
Tech0.71%
Consumer Staples0.24%
Real Estate-0.15%
Telecom-0.47%
Utilities-0.75%
Consumer Discretionary-1.79%
Healthcare-5.92%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading close to its 3-year average PE ratio of 126x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 40.3% which is higher than its past year's earnings decline of 9.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 64% 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
NDA FI Nordea Bank Abp€13.142.4%
+€1.1b
26.1%PB1.5xFinancials
UPM UPM-Kymmene Oyj€24.187.9%
+€933.4m
-18.7%PE37xMaterials
STERV Stora Enso Oyj€9.8810.1%
+€717.6m
-8.3%PS0.8xMaterials
SAMPO Sampo Oyj€9.782.7%
+€696.5m
20.8%PE21.9xFinancials
NESTE Neste Oyj€14.396.0%
+€630.0m
-21.0%PS0.5xEnergy
See more

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