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Danish (OMX) Financials Sector Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies28
  • 7D-0.9%
  • 3M-0.3%
  • 1Y8.0%
  • YTD-2.4%

Over the last 7 days, the Financials industry has remained flat, although notably Topdanmark gained 3.1%. The past year has been better, since the industry has gained 8.0% in that time. Looking forward, earnings are forecast to grow by 4.8% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023kr.343.7bkr.133.7bkr.35.1b7.4x9.8x2.6x
Wed, 27 Sep 2023kr.350.6bkr.130.6bkr.15.5b7.7x22.6x2.7x
Fri, 25 Aug 2023kr.340.1bkr.130.3bkr.15.5b8.1x22x2.6x
Sun, 23 Jul 2023kr.350.2bkr.124.0bkr.10.3b8.8x33.9x2.8x
Tue, 20 Jun 2023kr.365.0bkr.124.2bkr.9.8b8.9x37.3x2.9x
Thu, 18 May 2023kr.346.4bkr.121.5bkr.9.3b8.5x37.1x2.9x
Sat, 15 Apr 2023kr.231.0bkr.69.1bkr.10.0b10.6x23x3.3x
Mon, 13 Mar 2023kr.232.4bkr.69.0bkr.10.0b11x23.1x3.4x
Wed, 08 Feb 2023kr.232.7bkr.67.9bkr.9.3b11.4x24.9x3.4x
Fri, 06 Jan 2023kr.231.5bkr.88.0bkr.9.9b11.1x23.3x2.6x
Sun, 04 Dec 2022kr.230.5bkr.88.1bkr.9.9b10.8x23.3x2.6x
Tue, 01 Nov 2022kr.217.6bkr.86.6bkr.9.9b10.1x22.1x2.5x
Thu, 29 Sep 2022kr.297.6bkr.130.8bkr.21.6b9.3x13.8x2.3x
Sat, 27 Aug 2022kr.311.1bkr.130.9bkr.21.8b9.3x14.3x2.4x
Mon, 25 Jul 2022kr.301.2bkr.132.0bkr.23.5b8.3x12.8x2.3x
Wed, 22 Jun 2022kr.313.9bkr.129.4bkr.23.3b8.5x13.5x2.4x
Fri, 20 May 2022kr.306.4bkr.129.3bkr.23.3b8.5x13.2x2.4x
Sun, 17 Apr 2022kr.327.7bkr.129.8bkr.25.1b8.6x13x2.5x
Tue, 15 Mar 2022kr.308.8bkr.129.7bkr.25.1b8.5x12.3x2.4x
Thu, 10 Feb 2022kr.341.8bkr.131.1bkr.24.8b9.9x13.8x2.6x
Sat, 08 Jan 2022kr.331.9bkr.130.8bkr.22.1b9.5x15x2.5x
Mon, 06 Dec 2021kr.317.9bkr.130.8bkr.22.1b9.2x14.4x2.4x
Wed, 03 Nov 2021kr.300.5bkr.129.9bkr.22.2b9.5x13.5x2.3x
Fri, 01 Oct 2021kr.288.3bkr.130.0bkr.20.9b9.8x13.8x2.2x
Sun, 29 Aug 2021kr.295.3bkr.129.0bkr.20.6b10.4x14.4x2.3x
Mon, 05 Jul 2021kr.288.8bkr.129.0bkr.20.6b10.2x14x2.2x
Thu, 08 Apr 2021kr.290.3bkr.131.7bkr.20.8b9.8x14x2.2x
Sun, 10 Jan 2021kr.139.3bkr.72.2bkr.8.4b11x16.5x1.9x
Price to Earnings Ratio

13.1x


Total Market Cap: kr.200.4bTotal Earnings: kr.15.3bTotal Revenue: kr.107.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Financials Sector Price to Earnings3Y Average 18.3x202120222023
Current Industry PE
  • Investors are pessimistic on the Danish Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.8x which is lower than its 3-year average PE of 18.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 32% per year over the last three years.
  • Revenues for these companies have grown 7.5% 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 Danish Financials sector?

DK Market-1.65%
Financials-0.90%
Insurance0.39%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Diversified Financial-0.86%
Banks-1.64%
Capital Markets-7.33%
Industry PE
  • Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 30% per year.
  • In contrast, the Banks industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DANSKE Danske Bankkr.161.852.0%
+kr.2.7b		33.1%PB0.8x
TOP Topdanmarkkr.311.204.2%
+kr.1.1b		-10.6%PE21.7x
TRYG Trygkr.135.701.2%
+kr.994.2m		-16.8%PE22.4x
ALMB Alm. Brandkr.10.090.8%
+kr.123.3m		-2.0%PE23.2x
LASP Lån & Spar Bankkr.660.001.5%
+kr.34.6m		2.3%PB0.9x
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Latest News

DANSKE

kr.161.85

Danske Bank

7D

2.0%

1Y

33.1%

RILBA

kr.923.50

Ringkjøbing Landbobank

7D

-5.9%

1Y

12.6%

TOP

kr.311.20

Topdanmark

7D

4.2%

1Y

-10.6%

TRYG

kr.135.70

Tryg

7D

1.2%

1Y

-16.8%

JYSK

kr.482.20

Jyske Bank

7D

-3.4%

1Y

18.5%

SPENN

kr.5.50

SPENN Technology

7D

-18.9%

1Y

-41.5%

SYDB

kr.299.80

Sydbank

7D

-3.2%

1Y

30.6%

GRLA

kr.615.00

GrønlandsBANKEN

7D

-1.6%

1Y

8.8%

SPNO

kr.103.40

Spar Nord Bank

7D

-3.5%

1Y

13.4%

NRDF

kr.272.00

Nordfyns Bank

7D

1.5%

1Y

28.9%

SPKSJF

kr.200.00

Sparekassen Sjælland-Fyn

7D

-0.7%

1Y

15.6%

ALMB

kr.10.09

Alm. Brand

7D

0.8%

1Y

-2.0%

LASP

kr.660.00

Lån & Spar Bank

7D

1.5%

1Y

2.3%

NEWCAP

kr.0.17

Newcap Holding

7D

0.6%

1Y

-5.1%

VJBA

kr.3.97

Vestjysk Bank

7D

-0.7%

1Y

29.3%