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Icelandic (OMX) Tech Sector Analysis

UpdatedAug 23, 2024
DataAggregated Company Financials
Companies1
  • 7D5.6%
  • 3Mn/a
  • 1Yn/a
  • YTD47.3%

Over the last 7 days, the Tech industry has risen 43%, driven by gains from every company within the industry. In the last 12 months, the industry was up 63%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 Aug 2024ISK 2.6bISK 573.6mISK 8.8m301.8x301.8x4.6x
Sun, 21 Jul 2024ISK 1.9bISK 573.6mISK 8.8m216x216x3.3x
Tue, 18 Jun 2024ISK 1.9bISK 573.6mISK 8.8m214.4x214.4x3.3x
Thu, 16 May 2024ISK 1.9bISK 573.6mISK 8.8m214.9x214.9x3.3x
Sat, 13 Apr 2024ISK 1.9bISK 339.4mISK 8.8m214.9x214.9x5.5x
Mon, 11 Mar 2024ISK 1.9bISK 280.2m-ISK 35,526,350.00n/a-52.2x6.6x
Wed, 07 Feb 2024ISK 1.9bISK 280.2m-ISK 35,526,350.00n/a-52.2x6.6x
Fri, 05 Jan 2024ISK 12.1bISK 20.4bISK 24.3b0.4x0.5x0.6x
Sun, 03 Dec 2023ISK 12.1bISK 20.4bISK 24.3b0.4x0.5x0.6x
Tue, 31 Oct 2023ISK 11.6bISK 20.4bISK 24.3b0.4x0.5x0.6x
Thu, 28 Sep 2023ISK 12.2bISK 20.4bISK 24.3b0.4x0.5x0.6x
Sat, 26 Aug 2023ISK 12.0bISK 20.4bISK 24.3b0.4x0.5x0.6x
Mon, 24 Jul 2023ISK 12.0bISK 20.4bISK 24.3b0.4x0.5x0.6x
Wed, 21 Jun 2023ISK 12.0bISK 20.4bISK 24.3b0.4x0.5x0.6x
Fri, 19 May 2023ISK 12.4bISK 20.4bISK 24.3b0.4x0.5x0.6x
Sun, 16 Apr 2023ISK 12.7bISK 20.4bISK 24.3b0.5x0.5x0.6x
Tue, 14 Mar 2023ISK 15.1bISK 20.4bISK 24.4b124.3x0.6x0.7x
Thu, 09 Feb 2023ISK 15.8bISK 19.7bISK 1.8b128x8.9x0.8x
Sat, 07 Jan 2023ISK 44.8bISK 19.7bISK 1.8b136.2x25.3x2.3x
Mon, 05 Dec 2022ISK 38.6bISK 19.7bISK 1.8b134.4x21.8x2x
Wed, 02 Nov 2022ISK 37.2bISK 19.7bISK 1.8b134x21x1.9x
Fri, 30 Sep 2022ISK 28.6bISK 19.1bISK 1.7b95.4x16.7x1.5x
Sun, 28 Aug 2022ISK 33.9bISK 19.0bISK 1.5b164.7x22x1.8x
Tue, 26 Jul 2022ISK 29.3bISK 19.0bISK 1.5b174.5x19x1.5x
Thu, 23 Jun 2022ISK 26.0bISK 19.0bISK 1.5b173.5x16.9x1.4x
Sat, 21 May 2022ISK 30.4bISK 19.0bISK 1.5b174.9x19.7x1.6x
Mon, 18 Apr 2022ISK 33.7bISK 18.5bISK 1.5b171.2x22.7x1.8x
Wed, 16 Mar 2022ISK 34.5bISK 18.4bISK 1.5b21.8x23.4x1.9x
Fri, 11 Feb 2022ISK 34.3bISK 18.0bISK 714.1m44.5x48.1x1.9x
Sun, 09 Jan 2022ISK 32.1bISK 18.0bISK 714.1m41.6x45x1.8x
Tue, 07 Dec 2021ISK 30.7bISK 18.0bISK 683.6m39.8x44.9x1.7x
Thu, 04 Nov 2021ISK 32.5bISK 18.0bISK 683.6m42.5x47.5x1.8x
Sat, 02 Oct 2021ISK 28.4bISK 17.7bISK 587.4m42.8x48.4x1.6x
Mon, 30 Aug 2021ISK 24.9bISK 17.2bISK 430.8m49.6x57.8x1.4x
Price to Earnings Ratio

57.8x


Total Market Cap: ISK 24.9bTotal Earnings: ISK 430.8mTotal Revenue: ISK 17.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Icelandic Tech Sector Price to Earnings3Y Average 43.4x202220232024
Current Industry PE
    There is only one company in the Icelandic Information Technology industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 73% per year over the last three years,
  • Revenues have also declined 68% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

IS Market0.75%
Tech5.56%
Software5.56%
IT0%
Communications0%
Tech Hardware0%
Electronic Equipment and Components0%
Semiconductors0%
Industry PE
  • Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio of 73.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 73.7x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KLAPP B Klappir Grænar Lausnir hfISK 19.005.6%
+ISK 139.0m		n/aPE301.8x
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Latest News

KLAPP B

ISK 19.00

Klappir Grænar Lausnir hf

7D

5.6%

1Y

n/a