Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Icelandic (OMX) Market Analysis & Valuation

UpdatedFeb 22, 2025
DataAggregated Company Financials
Companies27
  • 7D-0.6%
  • 3M6.0%
  • 1Y9.8%
  • YTD1.2%

The market has been flat over the last week. As for the longer term, the market has risen 9.8% in the past 12 months. In the next few years, earnings are forecast to decline by 6.2% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Feb 2025ISK 1.9tISK 1.3tISK 117.1b17.6x16.4x1.5x
Tue, 21 Jan 2025ISK 1.9tISK 1.3tISK 108.0b15.8x17.6x1.5x
Thu, 19 Dec 2024ISK 2.3tISK 1.5tISK 109.4b17.9x21.3x1.5x
Sat, 16 Nov 2024ISK 2.3tISK 1.5tISK 108.3b16.9x21x1.5x
Mon, 14 Oct 2024ISK 2.1tISK 1.5tISK 104.0b17.9x20.5x1.4x
Wed, 11 Sep 2024ISK 2.0tISK 1.5tISK 105.7b16x18.8x1.3x
Fri, 09 Aug 2024ISK 2.0tISK 1.5tISK 119.0b15.5x16.5x1.3x
Sun, 07 Jul 2024ISK 2.0tISK 1.5tISK 127.9b16.4x15.3x1.3x
Tue, 04 Jun 2024ISK 1.9tISK 1.5tISK 126.8b15.6x15x1.3x
Thu, 02 May 2024ISK 2.0tISK 1.5tISK 133.4b15.6x14.8x1.3x
Sat, 30 Mar 2024ISK 2.0tISK 1.5tISK 130.8b16.1x15.3x1.3x
Mon, 26 Feb 2024ISK 2.1tISK 1.5tISK 129.8b16.3x16.4x1.4x
Wed, 24 Jan 2024ISK 2.2tISK 1.5tISK 147.8b15.9x15x1.5x
Fri, 22 Dec 2023ISK 2.1tISK 1.5tISK 148.0b14.8x14.2x1.4x
Sun, 19 Nov 2023ISK 1.7tISK 1.5tISK 150.8b13.1x11.5x1.1x
Tue, 17 Oct 2023ISK 1.8tISK 1.5tISK 149.6b15.7x12x1.2x
Thu, 14 Sep 2023ISK 1.9tISK 1.5tISK 145.5b16.1x13.3x1.3x
Sat, 12 Aug 2023ISK 2.1tISK 1.5tISK 148.5b16x13.8x1.4x
Mon, 10 Jul 2023ISK 2.0tISK 1.5tISK 144.2b14.9x14x1.3x
Wed, 07 Jun 2023ISK 1.9tISK 1.5tISK 146.8b14.4x13.3x1.3x
Fri, 05 May 2023ISK 2.1tISK 1.5tISK 145.2b15.1x14.1x1.4x
Sun, 02 Apr 2023ISK 2.1tISK 1.5tISK 148.0b15.3x14.5x1.5x
Tue, 28 Feb 2023ISK 2.2tISK 1.5tISK 149.7b15.2x14.6x1.5x
Thu, 26 Jan 2023ISK 2.2tISK 1.5tISK 144.4b11.3x14.9x1.5x
Sat, 24 Dec 2022ISK 2.1tISK 1.4tISK 143.0b11.7x14.8x1.5x
Mon, 21 Nov 2022ISK 2.2tISK 1.4tISK 144.7b12.2x15.3x1.6x
Wed, 19 Oct 2022ISK 2.1tISK 1.3tISK 147.1b11x14.3x1.6x
Fri, 16 Sep 2022ISK 2.3tISK 1.3tISK 135.2b12.3x17.3x1.9x
Sun, 14 Aug 2022ISK 2.4tISK 1.2tISK 128.4b13.8x18.4x1.9x
Tue, 12 Jul 2022ISK 2.3tISK 1.2tISK 129.2b13.8x18.2x2x
Thu, 09 Jun 2022ISK 2.2tISK 1.1tISK 124.8b11.8x17.4x1.9x
Sat, 07 May 2022ISK 2.3tISK 1.1tISK 127.3b12.7x18.2x2.1x
Mon, 04 Apr 2022ISK 2.5tISK 1.1tISK 131.1b13.4x18.9x2.2x
Wed, 02 Mar 2022ISK 2.3tISK 1.1tISK 132.9b12.6x17.4x2.1x
Price to Earnings Ratio

17.4x


Total Market Cap: ISK 2.3tTotal Earnings: ISK 132.9bTotal Revenue: ISK 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Icelandic Market Price to Earnings3Y Average 16x202320242025
Current Market PE
  • Investors are relatively neutral on the Icelandic market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 16.0x.
Past Earnings Growth
  • The earnings for Icelandic listed companies have declined 4.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.1% 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.

Sector Trends

Which sectors have driven the changes within the Icelandic Market?

IS Market-0.58%
Telecom2.01%
Financials0.36%
Energy0%0
Materials0%0
Healthcare0%0
Tech0%0
Utilities0%0
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Consumer Staples-0.75%
Consumer Discretionary-1.34%
Industrials-1.56%
Real Estate-2.20%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 22.7x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Financials sector.
  • 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 sectors.
  • This is even lower than its past earnings decline of 1.6% per year.
  • In contrast, the Financials sector 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 Price7D1YValuationSector
ISB Íslandsbanki hfISK 128.502.0%
+ISK 4.7b		14.7%PB1.1xFinancials
SIMINN Síminn hfISK 14.352.9%
+ISK 1.0b		34.1%PE26.2xTelecom
SVN Sildarvinnslan HfISK 92.000.5%
+ISK 922.9m		-7.3%PE31.4xConsumer Staples
SFS B Sláturfélags Suðurlands svfISK 2.7028.6%
+ISK 450.2m		-10.0%PE1.9xConsumer Staples
NOVA Nova Klúbburinn hfISK 4.282.9%
+ISK 434.8m		2.1%PE20.8xTelecom
See more
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.

Market Insights

Header cover image

⛓️ Supply Chain Opportunities In Oil and Gas

Richard Bowman avatar
Richard Bowman
|
|

5 comments

Last week, we took a look at the evolving outlook for oil and gas, both in the near term, and in the long term. This week, we are taking a look at...
Continue reading
🛢️🔥 Oil & Gas: Near-Term Volatility vs Long-Term Trends
Last Week

🛢️🔥 Oil & Gas: Near-Term Volatility vs Long-Term Trends

Latest News

SFS B

ISK 2.70

Sláturfélags Suðurlands svf

7D

28.6%

1Y

-10.0%

SIMINN

ISK 14.35

Síminn hf

7D

2.9%

1Y

34.1%

ISB

ISK 128.50

Íslandsbanki hf

7D

2.0%

1Y

14.7%

EIK

ISK 13.45

Eik fasteignafélag hf

7D

-2.5%

1Y

20.1%

HEIMAR

ISK 38.80

Heimar hf

7D

-2.0%

1Y

53.4%

HAGA

ISK 105.00

Hagar hf

7D

-2.8%

1Y

34.6%

SJOVA

ISK 52.00

Sjóvá-Almennar tryggingar hf

7D

-1.9%

1Y

17.9%

FESTI

ISK 310.00

Festi hf

7D

-1.3%

1Y

53.5%

REITIR

ISK 115.00

Reitir fasteignafélag hf

7D

-2.5%

1Y

37.7%

HAMP

ISK 110.00

Hampiðjan hf

7D

-1.8%

1Y

-27.6%

ICESEA

ISK 5.25

Iceland Seafood International hf

7D

1.9%

1Y

0%

Iceland Seafood International hf.'s (ICE:ICESEA) Business Is Trailing The Industry But Its Shares Aren't

Dec 14
Iceland Seafood International hf.'s (ICE:ICESEA) Business Is Trailing The Industry But Its Shares Aren't

SVN

ISK 92.00

Sildarvinnslan Hf

7D

0.5%

1Y

-7.3%

NOVA

ISK 4.28

Nova Klúbburinn hf

7D

2.9%

1Y

2.1%

BRIM

ISK 73.20

Brim hf

7D

-1.1%

1Y

-11.6%

Brim hf (ICE:BRIM) Might Have The Makings Of A Multi-Bagger

Oct 15
Brim hf (ICE:BRIM) Might Have The Makings Of A Multi-Bagger