Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Icelandic (OMX) Financials Sector Analysis

UpdatedMar 13, 2025
DataAggregated Company Financials
Companies5
  • 7D1.1%
  • 3M2.0%
  • 1Y13.0%
  • YTD-2.9%

Over the last 7 days, the Financials industry has risen 1.7%, driven by gains from Íslandsbanki hf of 3.1%. This means that the industry has gained 9.6% over the past year. In the next few years, earnings are forecast to decline by 6.2% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Mar 2025ISK 647.0bISK 217.0bISK 61.5b13.3x10.5x3x
Sun, 09 Feb 2025ISK 685.0bISK 209.9bISK 57.1b14.4x12x3.3x
Tue, 07 Jan 2025ISK 673.3bISK 208.8bISK 56.6b15.2x11.9x3.2x
Thu, 05 Dec 2024ISK 637.2bISK 208.8bISK 56.6b13.9x11.3x3.1x
Sat, 02 Nov 2024ISK 647.7bISK 207.5bISK 55.3b14.1x11.7x3.1x
Mon, 30 Sep 2024ISK 570.8bISK 203.9bISK 52.5b11.6x10.9x2.8x
Wed, 28 Aug 2024ISK 538.7bISK 203.3bISK 53.3b10.9x10.1x2.7x
Fri, 26 Jul 2024ISK 523.0bISK 203.3bISK 56.1b10.7x9.3x2.6x
Sun, 23 Jun 2024ISK 510.6bISK 202.6bISK 56.4b9.8x9.1x2.5x
Tue, 21 May 2024ISK 536.4bISK 201.6bISK 56.5b9.8x9.5x2.7x
Thu, 18 Apr 2024ISK 553.0bISK 203.4bISK 59.1b9.5x9.4x2.7x
Sat, 16 Mar 2024ISK 570.4bISK 203.4bISK 59.1b10.3x9.7x2.8x
Mon, 12 Feb 2024ISK 617.2bISK 208.3bISK 61.2b11.3x10.1x3x
Wed, 10 Jan 2024ISK 635.9bISK 205.3bISK 58.7b12.2x10.8x3.1x
Fri, 08 Dec 2023ISK 561.2bISK 205.3bISK 58.7b11.2x9.6x2.7x
Sun, 05 Nov 2023ISK 537.2bISK 206.9bISK 58.7b10.1x9.1x2.6x
Tue, 03 Oct 2023ISK 556.5bISK 200.6bISK 58.5b12x9.5x2.8x
Thu, 31 Aug 2023ISK 596.0bISK 201.9bISK 58.6b13.7x10.2x3x
Sat, 29 Jul 2023ISK 603.1bISK 198.9bISK 58.1b13.8x10.4x3x
Mon, 26 Jun 2023ISK 575.0bISK 194.9bISK 54.1b14.4x10.6x3x
Wed, 24 May 2023ISK 585.3bISK 193.8bISK 53.2b14.9x11x3x
Fri, 21 Apr 2023ISK 596.6bISK 187.1bISK 51.8b15.5x11.5x3.2x
Sun, 19 Mar 2023ISK 596.7bISK 187.1bISK 51.8b14.4x11.5x3.2x
Tue, 14 Feb 2023ISK 648.2bISK 189.3bISK 53.3b15.2x12.2x3.4x
Thu, 12 Jan 2023ISK 623.0bISK 187.5bISK 54.6b11.9x11.4x3.3x
Sat, 10 Dec 2022ISK 631.5bISK 187.5bISK 54.6b11.7x11.6x3.4x
Mon, 07 Nov 2022ISK 645.7bISK 188.5bISK 56.0b12x11.5x3.4x
Wed, 05 Oct 2022ISK 642.7bISK 191.5bISK 63.1b10.1x10.2x3.4x
Fri, 02 Sep 2022ISK 685.5bISK 191.5bISK 63.1b10.5x10.9x3.6x
Sun, 31 Jul 2022ISK 692.0bISK 196.7bISK 69.3b8.5x10x3.5x
Tue, 28 Jun 2022ISK 646.5bISK 200.4bISK 76.8b8.2x8.4x3.2x
Thu, 26 May 2022ISK 634.4bISK 200.4bISK 76.8b8.7x8.3x3.2x
Sat, 23 Apr 2022ISK 703.8bISK 198.4bISK 77.7b9.5x9.1x3.5x
Mon, 21 Mar 2022ISK 698.6bISK 198.4bISK 77.7b9.7x9x3.5x
Price to Earnings Ratio

9x


Total Market Cap: ISK 698.6bTotal Earnings: ISK 77.7bTotal Revenue: ISK 198.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Icelandic Financials Sector Price to Earnings3Y Average 10.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the Icelandic Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 10.3x.
  • The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 7.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

IS Market-0.56%
Financials1.09%
Banks1.40%
Insurance0.69%
Capital Markets0%0
Industry PE
  • Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 19.4x.
    • 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 close to its 3-year average of 9.5x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 6.2% per year over the next 5 years, which isn't as bad as the other industries.
  • This is even lower than its past earnings decline of 0.04% per year.
  • In contrast, the Banks industry is expected to see its earnings decline by 6.2% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ISB Íslandsbanki hfISK 122.000.8%
+ISK 1.9b		11.9%PB1x
SKAGI Skagi hfISK 19.802.6%
+ISK 948.0m		8.8%PE16.6x
KVIKA Kvika banki hfISK 19.951.0%
+ISK 931.7m		32.6%PE19.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ARION

ISK 150.50

Arion banki hf

7D

-6.8%

1Y

2.4%

ISB

ISK 122.00

Íslandsbanki hf

7D

0.8%

1Y

11.9%

SJOVA

ISK 48.40

Sjóvá-Almennar tryggingar hf

7D

-0.4%

1Y

18.0%

Sjóvá-Almennar tryggingar hf (ICE:SJOVA) Will Pay A Larger Dividend Than Last Year At ISK2.94

Mar 07
Sjóvá-Almennar tryggingar hf (ICE:SJOVA) Will Pay A Larger Dividend Than Last Year At ISK2.94

SKAGI

ISK 19.80

Skagi hf

7D

2.6%

1Y

8.8%

KVIKA

ISK 19.95

Kvika banki hf

7D

1.0%

1Y

32.6%