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Icelandic (OMX) Market Analysis & Valuation

UpdatedMay 23, 2022
DataAggregated Company Financials
Companies26
  • 7D-3.7%
  • 3M-11.1%
  • 1Y-0.5%
  • YTD-12.6%

Over the last 7 days, the market has dropped 3.7%, driven by pullbacks in every sector, especially the Industrials sector. In the last 12 months the market has been flat overall. Looking forward, earnings are forecast to grow by 13% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022Kr2.2tKr1.1tKr125.6b12x
Wed, 20 Apr 2022Kr2.5tKr1.1tKr128.8b13.4x
Fri, 18 Mar 2022Kr2.4tKr1.1tKr133.2b13.3x
Sun, 13 Feb 2022Kr2.5tKr1.1tKr121.2b17.3x
Tue, 11 Jan 2022Kr2.5tKr1.1tKr116.3b18.7x
Thu, 09 Dec 2021Kr2.5tKr1.1tKr116.8b19.8x
Sat, 06 Nov 2021Kr2.5tKr1.1tKr108.7b20.2x
Mon, 04 Oct 2021Kr2.4tKr1.0tKr100.1b23.1x
Wed, 01 Sep 2021Kr2.4tKr998.0bKr96.0b20.5x
Thu, 08 Jul 2021Kr2.1tKr997.9bKr96.0b18.4x
Wed, 31 Mar 2021Kr1.6tKr925.0bKr63.2b20.3x
Sat, 02 Jan 2021Kr1.5tKr936.5bKr15.3b23.7x
Tue, 06 Oct 2020Kr1.2tKr992.0bKr5.4b22.8x
Fri, 10 Jul 2020Kr1.2tKr1.0tKr7.1b16.9x
Thu, 02 Apr 2020Kr1.0tKr1.1tKr18.9b13.8x
Sun, 05 Jan 2020Kr1.2tKr1.0tKr58.4b15x
Wed, 09 Oct 2019Kr1.1tKr1.0tKr58.2b11.2x
Tue, 02 Jul 2019Kr1.1tKr1.0tKr55.0b11.9x
Median PE Ratio

16.2x


Total Market Cap: Kr1.1tTotal Earnings: Kr45.9bTotal Revenue: Kr950.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Icelandic Market Median PE3Y Average 17.9x202020212022
Current Market PE
  • Investors are pessimistic on the market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 12.0x which is lower than its 3-year average PE of 17.9x.
  • This is at odds with analyst estimates, who expect earnings to grow in the future.
Past Earnings Growth
  • The earnings for Icelandic listed companies have grown 40% per year over the last three years.
  • Revenues for these companies have grown 6.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Icelandic Market?

IS Market-3.71%
Energy0%
Materials0%
Healthcare0%
Utilities0%
Telecom-2.44%
Consumer Staples-2.71%
Financials-3.09%
Consumer Discretionary-4.06%
Real Estate-4.10%
Tech-4.13%
Industrials-4.92%
Sector PE
  • Investors are most optimistic about the Tech sector which is trading above its 3-year average PE ratio of 38.0x.
  • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Financials sector, which is trading below its 3-year average of 9.7x.
Forecasted Growth
  • Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Financials sector is expected to see its earnings decline by 3.9% 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
No data available
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Latest News

MAREL

Kr616.00

Marel hf

7D

-5.2%

1Y

-31.6%

HAGA

Kr68.00

Hagar hf

7D

-3.9%

1Y

10.0%