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Icelandic (OMX) Financials Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies5
  • 7D-3.4%
  • 3M7.5%
  • 1Y85.6%
  • YTD53.8%

Over the last 7 days, the Financials industry has dropped 3.4%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 86%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021Kr742.8bKr190.3bKr77.1b9.6x
Wed, 27 Oct 2021Kr769.7bKr175.9bKr66.6b11.1x
Fri, 24 Sep 2021Kr668.2bKr174.8bKr65.4b9.5x
Sun, 22 Aug 2021Kr457.8bKr130.2bKr50.0b7.5x
Fri, 09 Jul 2021Kr645.3bKr174.8bKr65.4b9.4x
Thu, 01 Apr 2021Kr316.1bKr119.5bKr40.4b6.7x
Sun, 03 Jan 2021Kr264.1bKr105.6bKr26.2b12.5x
Wed, 07 Oct 2020Kr201.8bKr100.2bKr19.8b10.1x
Tue, 30 Jun 2020Kr183.7bKr98.9bKr16.4b9.3x
Fri, 03 Apr 2020Kr153.1bKr97.0bKr14.8b9x
Mon, 06 Jan 2020Kr221.1bKr104.3bKr23.1b8.1x
Thu, 10 Oct 2019Kr207.3bKr100.3bKr19.0b8.5x
Wed, 03 Jul 2019Kr212.2bKr96.5bKr17.5b8.8x
Sat, 06 Apr 2019Kr197.8bKr92.9bKr13.2b13.3x
Tue, 08 Jan 2019Kr182.8bKr90.9bKr12.7b12.5x
PE Ratio

11.4x

Total Market Cap: Kr191.2bTotal Earnings: Kr15.6bTotal Revenue: Kr88.4b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.2x. However, future earnings are expected to decline by 0.4% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Financials industry have grown 70% per year over the last three years, and revenues for these companies have grown 29% 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?

Banks-2.91%
Insurance-4.09%
Capital Markets-4.97%

Industry PE: Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 18.5x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 11.4x.

Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 0.4% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 180% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
No data available
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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