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Icelandic (OMX) Financials Sector Analysis

UpdatedSep 03, 2025
DataAggregated Company Financials
Companies5
  • 7D-0.07%
  • 3M1.0%
  • 1Y20.4%
  • YTD-3.0%

Over the last 7 days, the Financials industry has remained flat. As for the the longer term, the industry is up 20% over the past 12 months. As for the next few years, earnings are forecast to decline by 2.0% per annum.

Sector Valuation and Performance

Has the Icelandic Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Sep 2025ISK 635.3bISK 226.0bISK 68.3b13x9.3x2.8x
Fri, 01 Aug 2025ISK 652.6bISK 227.5bISK 65.6b14x9.9x2.9x
Sun, 29 Jun 2025ISK 609.9bISK 220.9bISK 60.0b16.2x10.2x2.8x
Tue, 27 May 2025ISK 623.9bISK 220.9bISK 60.0b17.3x10.4x2.8x
Thu, 24 Apr 2025ISK 589.5bISK 217.0bISK 61.5b12.1x9.6x2.7x
Sat, 22 Mar 2025ISK 622.7bISK 217.0bISK 61.5b12.7x10.1x2.9x
Mon, 17 Feb 2025ISK 676.9bISK 214.9bISK 60.0b14.5x11.3x3.1x
Wed, 15 Jan 2025ISK 667.4bISK 208.8bISK 56.6b15.6x11.8x3.2x
Fri, 13 Dec 2024ISK 639.4bISK 208.8bISK 56.6b14x11.3x3.1x
Sun, 10 Nov 2024ISK 638.3bISK 203.9bISK 56.1b13.8x11.4x3.1x
Tue, 08 Oct 2024ISK 617.3bISK 203.9bISK 52.5b11.9x11.7x3x
Thu, 05 Sep 2024ISK 536.7bISK 203.4bISK 52.5b10.7x10.2x2.6x
Sat, 03 Aug 2024ISK 530.2bISK 203.6bISK 53.5b10.5x9.9x2.6x
Mon, 01 Jul 2024ISK 502.8bISK 202.6bISK 56.4b9.7x8.9x2.5x
Wed, 29 May 2024ISK 523.5bISK 201.6bISK 56.5b9.7x9.3x2.6x
Fri, 26 Apr 2024ISK 547.5bISK 203.7bISK 58.9b10x9.3x2.7x
Sun, 24 Mar 2024ISK 563.9bISK 203.4bISK 59.1b10.2x9.5x2.8x
Tue, 20 Feb 2024ISK 597.0bISK 208.2bISK 61.2b10.9x9.7x2.9x
Thu, 18 Jan 2024ISK 615.7bISK 205.3bISK 58.7b12.4x10.5x3x
Sat, 16 Dec 2023ISK 566.5bISK 205.3bISK 58.7b11.5x9.6x2.8x
Mon, 13 Nov 2023ISK 528.9bISK 205.3bISK 58.7b10.1x9x2.6x
Wed, 11 Oct 2023ISK 539.2bISK 200.6bISK 58.5b11.6x9.2x2.7x
Fri, 08 Sep 2023ISK 576.6bISK 201.4bISK 58.5b13.2x9.8x2.9x
Sun, 06 Aug 2023ISK 599.9bISK 198.9bISK 58.1b13.9x10.3x3x
Tue, 04 Jul 2023ISK 578.3bISK 194.9bISK 54.1b14x10.7x3x
Thu, 01 Jun 2023ISK 571.2bISK 194.3bISK 54.5b14.2x10.5x2.9x
Sat, 29 Apr 2023ISK 613.9bISK 187.1bISK 51.8b15.4x11.8x3.3x
Mon, 27 Mar 2023ISK 577.7bISK 187.1bISK 51.8b14.1x11.1x3.1x
Wed, 22 Feb 2023ISK 652.8bISK 187.8bISK 52.3b15.5x12.5x3.5x
Fri, 20 Jan 2023ISK 620.4bISK 187.5bISK 54.6b12x11.4x3.3x
Sun, 18 Dec 2022ISK 623.1bISK 187.5bISK 54.6b11.6x11.4x3.3x
Tue, 15 Nov 2022ISK 652.3bISK 187.5bISK 54.6b12.4x11.9x3.5x
Thu, 13 Oct 2022ISK 605.6bISK 191.5bISK 63.1b9.5x9.6x3.2x
Sat, 10 Sep 2022ISK 720.2bISK 191.5bISK 63.1b11x11.4x3.8x
Price to Earnings Ratio

11.4x


Total Market Cap: ISK 720.2bTotal Earnings: ISK 63.1bTotal Revenue: ISK 191.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Icelandic Financials Sector Price to Earnings3Y Average 10.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Icelandic Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.3x which is lower than its 3-year average PE of 10.5x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 2.6% per year over the last three years.
  • Revenues for these companies have grown 5.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Icelandic Financials sector?

IS Market-0.10%
Financials-0.071%
Banks0.39%
Capital Markets0%0
Insurance-2.65%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 20.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 9.3x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 2.0% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 29% per year.
  • In contrast, the Banks 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 Price7D1YValuation
ARION Arion banki hfISK 178.002.0%
+ISK 4.8b		28.1%PB1.2x
ISB Íslandsbanki hfISK 124.500.4%
+ISK 923.2m		25.3%PB1x

Latest News

ISB
ISK 124.50
Íslandsbanki hf
7D
0.4%
1Y
25.3%
ARION
ISK 178.00
Arion banki hf
7D
2.0%
1Y
28.1%
SJOVA
ISK 42.40
Sjóvá-Almennar tryggingar hf
7D
-0.9%
1Y
12.8%
SKAGI
ISK 18.45
Skagi hf
7D
-1.3%
1Y
26.4%