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Danish (OMX) Market Analysis & Valuation

UpdatedJun 01, 2024
DataAggregated Company Financials
Companies151
  • 7D0.1%
  • 3M6.5%
  • 1Y34.2%
  • YTD21.3%

In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 4.3%. More promisingly, the market is up 34% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Jun 2024kr.6.7tkr.1.7tkr.184.5b15.3x36.3x3.9x
Mon, 29 Apr 2024kr.6.4tkr.1.7tkr.191.3b15x33.5x3.7x
Wed, 27 Mar 2024kr.6.5tkr.1.7tkr.192.2b15.5x33.7x3.8x
Fri, 23 Feb 2024kr.6.3tkr.1.7tkr.190.6b14.4x33.1x3.7x
Sun, 21 Jan 2024kr.5.7tkr.1.8tkr.217.0b13.4x26.3x3.2x
Tue, 19 Dec 2023kr.5.3tkr.1.8tkr.216.7b13.3x24.7x3x
Thu, 16 Nov 2023kr.5.3tkr.1.8tkr.217.4b12.4x24.3x3x
Sat, 14 Oct 2023kr.5.5tkr.1.9tkr.285.8b13x19.3x2.9x
Mon, 11 Sep 2023kr.5.4tkr.1.9tkr.283.2b13.4x19.1x2.9x
Wed, 09 Aug 2023kr.5.4tkr.1.9tkr.274.9b13.5x19.7x2.9x
Fri, 07 Jul 2023kr.5.0tkr.1.9tkr.323.0b13.7x15.5x2.6x
Sun, 04 Jun 2023kr.5.1tkr.1.9tkr.325.7b14.5x15.6x2.6x
Tue, 02 May 2023kr.5.2tkr.1.9tkr.340.5b15.4x15.2x2.7x
Thu, 30 Mar 2023kr.4.9tkr.1.9tkr.345.5b14.1x14.1x2.5x
Sat, 25 Feb 2023kr.4.8tkr.1.9tkr.350.1b14.1x13.6x2.5x
Mon, 23 Jan 2023kr.4.7tkr.1.9tkr.355.3b13.7x13.1x2.4x
Wed, 21 Dec 2022kr.4.5tkr.1.9tkr.359.7b13.2x12.5x2.3x
Fri, 18 Nov 2022kr.4.3tkr.1.9tkr.365.6b13.7x11.7x2.2x
Sun, 16 Oct 2022kr.4.1tkr.1.9tkr.348.0b13.2x11.9x2.2x
Tue, 13 Sep 2022kr.4.5tkr.1.9tkr.341.0b13.6x13.1x2.3x
Thu, 11 Aug 2022kr.4.6tkr.1.8tkr.340.6b13.1x13.7x2.5x
Sat, 09 Jul 2022kr.4.5tkr.1.8tkr.304.8b11.6x14.7x2.5x
Mon, 06 Jun 2022kr.4.6tkr.1.7tkr.296.2b13.1x15.4x2.6x
Wed, 04 May 2022kr.4.6tkr.1.7tkr.270.6b14x17.1x2.8x
Fri, 01 Apr 2022kr.4.7tkr.1.6tkr.262.4b14.4x17.8x2.9x
Sun, 27 Feb 2022kr.4.4tkr.1.6tkr.257.5b14.3x17.1x2.8x
Tue, 25 Jan 2022kr.4.3tkr.1.5tkr.213.9b16.2x20.1x2.9x
Thu, 23 Dec 2021kr.4.9tkr.1.5tkr.213.5b17.2x22.8x3.3x
Sat, 20 Nov 2021kr.5.0tkr.1.5tkr.212.6b16.4x23.5x3.4x
Mon, 18 Oct 2021kr.4.7tkr.1.4tkr.187.6b16.3x25x3.4x
Wed, 15 Sep 2021kr.4.8tkr.1.4tkr.185.9b15.5x25.6x3.5x
Fri, 13 Aug 2021kr.4.8tkr.1.4tkr.185.9b16.3x26x3.6x
Tue, 08 Jun 2021kr.4.3tkr.1.3tkr.148.9b15.6x28.6x3.3x
Price to Earnings Ratio

28.6x


Total Market Cap: kr.4.3tTotal Earnings: kr.148.9bTotal Revenue: kr.1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Market Price to Earnings3Y Average 19.9x202220232024
Current Market PE
  • Investors are optimistic on the Danish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 36.3x which is higher than its 3-year average PE of 19.9x.
Past Earnings Growth
  • The earnings for Danish listed companies have grown 7.4% per year over the last three years.
  • Revenues for these companies have grown 9.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Danish Market?

DK Market0.11%
Utilities4.26%
Financials1.92%
Real Estate1.91%
Industrials1.42%
Healthcare-0.12%
Consumer Discretionary-1.31%
Consumer Staples-2.01%
Tech-2.14%
Energy-2.45%
Materials-3.41%
Telecom-5.45%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 47.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 35.1%, which is higher than its past year's earnings growth of 10.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 56% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 24% 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
DANSKE Danske Bankkr.210.704.8%
+kr.8.2b		42.1%PB1xFinancials
ORSTED Ørstedkr.418.904.3%
+kr.7.2b		-31.4%PS2.4xUtilities
MAERSK B A.P. Møller - Mærskkr.12.47k3.0%
+kr.5.8b		1.6%PE16.7xIndustrials
VWS Vestas Wind Systemskr.192.851.8%
+kr.3.5b		-5.6%PS1.7xIndustrials
ZEAL Zealand Pharmakr.639.509.0%
+kr.3.3b		151.2%PS115.7xHealthcare
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