Header cover image

Finnish (OMX) Market Analysis & Valuation

UpdatedNov 09, 2025
DataAggregated Company Financials
Companies172
  • 7D-1.2%
  • 3M8.8%
  • 1Y19.5%
  • YTD20.7%

Over the last 7 days, the market has dropped 1.2%, driven by a pullback of 1.9% in the Industrials sector. As for the longer term, the market has actually risen by 19% in the last year. As for the next few years, earnings are expected to grow by 17% per annum.

Trending IndustriesSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Nov 2025€305.4b€197.0b€13.4b18.6x22.9x1.5x
Tue, 07 Oct 2025€287.9b€196.1b€13.2b19.9x21.7x1.5x
Thu, 04 Sep 2025€281.4b€196.1b€13.2b20.2x21.3x1.4x
Sat, 02 Aug 2025€275.8b€196.2b€13.2b20.4x20.9x1.4x
Mon, 30 Jun 2025€276.3b€196.1b€13.5b20.6x20.5x1.4x
Wed, 28 May 2025€275.2b€196.1b€13.5b19.4x20.4x1.4x
Fri, 25 Apr 2025€253.5b€195.5b€14.6b18.5x17.4x1.3x
Sun, 23 Mar 2025€271.6b€195.0b€14.6b20x18.6x1.4x
Tue, 18 Feb 2025€270.7b€195.4b€14.6b18.6x18.5x1.4x
Thu, 16 Jan 2025€252.9b€199.2b€14.7b18x17.2x1.3x
Sat, 14 Dec 2024€249.6b€199.2b€14.7b17.7x16.9x1.3x
Mon, 11 Nov 2024€255.3b€199.6b€14.8b18.6x17.3x1.3x
Wed, 09 Oct 2024€228.8b€188.3b€9.6b18.4x23.9x1.2x
Fri, 06 Sep 2024€223.2b€188.3b€9.6b18.7x23.4x1.2x
Sun, 04 Aug 2024€215.4b€188.4b€9.9b17.9x21.8x1.1x
Tue, 02 Jul 2024€221.7b€190.7b€10.0b18.4x22.2x1.2x
Thu, 30 May 2024€227.6b€191.0b€10.0b18.1x22.8x1.2x
Sat, 27 Apr 2024€220.9b€192.4b€10.1b16.9x21.9x1.1x
Mon, 25 Mar 2024€220.2b€195.7b€10.1b17x21.7x1.1x
Wed, 21 Feb 2024€221.6b€195.1b€10.2b18.3x21.6x1.1x
Fri, 19 Jan 2024€225.5b€202.6b€12.9b18.8x17.5x1.1x
Sun, 17 Dec 2023€224.0b€202.6b€12.9b18.6x17.4x1.1x
Tue, 14 Nov 2023€216.4b€202.6b€12.9b17.8x16.8x1.1x
Thu, 12 Oct 2023€217.8b€208.3b€12.8b18.3x17x1x
Sat, 09 Sep 2023€223.6b€209.1b€12.8b18.9x17.4x1.1x
Mon, 07 Aug 2023€222.0b€208.4b€13.3b18.7x16.7x1.1x
Wed, 05 Jul 2023€232.4b€210.8b€17.3b18.5x13.4x1.1x
Fri, 02 Jun 2023€234.8b€210.8b€17.3b18.8x13.6x1.1x
Sun, 30 Apr 2023€248.7b€210.8b€17.1b19.2x14.5x1.2x
Tue, 28 Mar 2023€244.4b€208.7b€16.9b18.8x14.5x1.2x
Thu, 23 Feb 2023€257.6b€314.3b€14.8b19x17.5x0.8x
Sat, 21 Jan 2023€258.9b€310.1b€14.1b16.6x18.4x0.8x
Mon, 19 Dec 2022€250.9b€309.6b€14.1b15.8x17.9x0.8x
Wed, 16 Nov 2022€257.2b€309.2b€14.0b16x18.3x0.8x
Price to Earnings Ratio

18.3x


Total Market Cap: €257.2bTotal Earnings: €14.0bTotal Revenue: €309.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Market Price to Earnings3Y Average 18.9x202320242025
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 22.9x which is higher than its 3-year average PE of 18.9x.
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 Market-1.21%
Real Estate6.10%
Utilities1.42%
Consumer Staples0.31%
Consumer Discretionary-0.18%
Telecom-0.42%
Tech-0.71%
Financials-1.09%
Materials-1.61%
Industrials-1.94%
Energy-2.31%
Healthcare-5.14%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth even though it's trading below its 3-year average PE ratio of 138x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 41.3%, which is higher than its past year's earnings growth of 8.9% 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 Financials industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
SAMPO Sampo Oyj€9.872.1%
+€531.3m
23.2%PE16.1xFinancials
KNEBV KONE Oyj€58.521.0%
+€310.7m
17.9%PE31.8xIndustrials
FORTUM Fortum Oyj€19.621.4%
+€246.7m
43.4%PE20.4xUtilities
CTY1S Citycon Oyj€3.9935.4%
+€191.3m
10.2%PS2.4xReal Estate
HARVIA Harvia Oyj€41.3514.1%
+€95.3m
-10.0%PE31.8xConsumer Discretionary
See more

Latest News