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Danish (OMX) Tech Sector Analysis

UpdatedOct 28, 2023
DataAggregated Company Financials
Companies26
  • 7D-2.2%
  • 3M-9.1%
  • 1Y19.1%
  • YTD10.9%

Over the last 7 days, the Tech industry has dropped 2.2%, driven by pullbacks in Netcompany Group and cBrain of 4.2% and 12%, respectively. In contrast, DecideAct has gained 20%. Over the past 12 months, the industry was up 19%. As for the next few years, earnings are expected to grow by 24% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 29 Oct 2023kr.49.1bkr.15.4bkr.1.2b24.4x40.8x3.2x
Tue, 26 Sep 2023kr.52.7bkr.15.4bkr.1.2b28.1x43.5x3.4x
Thu, 24 Aug 2023kr.51.3bkr.15.3bkr.1.2b24.4x43x3.4x
Sat, 22 Jul 2023kr.53.3bkr.14.8bkr.1.3b26.5x40.5x3.6x
Mon, 19 Jun 2023kr.52.9bkr.14.8bkr.1.3b26.7x40x3.6x
Wed, 17 May 2023kr.51.4bkr.14.6bkr.1.3b25.8x39.4x3.5x
Fri, 14 Apr 2023kr.42.5bkr.14.4bkr.1.3b23.7x32.6x3x
Sun, 12 Mar 2023kr.41.8bkr.14.5bkr.1.3b21.1x32.7x2.9x
Tue, 07 Feb 2023kr.44.1bkr.14.1bkr.1.3b21.7x33.2x3.1x
Thu, 05 Jan 2023kr.44.0bkr.13.7bkr.1.2b26.8x35.3x3.2x
Sat, 03 Dec 2022kr.46.8bkr.13.4bkr.1.3b27.2x37x3.5x
Mon, 31 Oct 2022kr.41.0bkr.12.8bkr.1.2b26.1x34.8x3.2x
Wed, 28 Sep 2022kr.40.3bkr.12.8bkr.1.2b25.8x33.5x3.2x
Fri, 26 Aug 2022kr.48.3bkr.12.7bkr.1.2b30.7x39.7x3.8x
Sun, 24 Jul 2022kr.54.2bkr.12.1bkr.1.4b33x40.1x4.5x
Tue, 21 Jun 2022kr.50.4bkr.12.2bkr.1.4b36.2x37.2x4.1x
Thu, 19 May 2022kr.51.4bkr.12.0bkr.1.4b36x37.4x4.3x
Sat, 16 Apr 2022kr.55.5bkr.11.5bkr.1.4b37x39.1x4.8x
Mon, 14 Mar 2022kr.54.5bkr.11.3bkr.1.6b34.6x33.5x4.8x
Wed, 09 Feb 2022kr.58.2bkr.11.3bkr.1.6b35.8x36.5x5.2x
Fri, 07 Jan 2022kr.75.8bkr.10.8bkr.1.4b74.1x53.1x7x
Sun, 05 Dec 2021kr.76.5bkr.10.8bkr.1.4b55.5x53.7x7.1x
Tue, 02 Nov 2021kr.88.2bkr.10.5bkr.1.4b42.6x62x8.4x
Thu, 30 Sep 2021kr.85.5bkr.10.5bkr.1.4b41.3x60.1x8.2x
Sat, 28 Aug 2021kr.93.7bkr.10.4bkr.1.4b46.2x64.8x9x
Sun, 04 Jul 2021kr.82.4bkr.10.4bkr.1.4b42.7x57x7.9x
Wed, 07 Apr 2021kr.72.0bkr.9.1bkr.1.2b56.6x62.6x7.9x
Sat, 09 Jan 2021kr.76.0bkr.8.9bkr.1.0b58.7x73.7x8.5x
Price to Earnings Ratio

67.6x


Total Market Cap: kr.63.8bTotal Earnings: kr.944.4mTotal Revenue: kr.8.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Tech Sector Price to Earnings3Y Average 48.2x202120222023
Current Industry PE
  • Investors are pessimistic on the Danish Information Technology 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 40.8x which is lower than its 3-year average PE of 48.2x.
  • The 3-year average PS ratio of 5.5x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 8.4% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Tech sector?

DK Market-1.65%
Tech-2.25%
Tech Hardware0%
Electronic Equipment and Components0%
Semiconductors0%
Communications-0.76%
Software-1.82%
IT-3.36%
Industry PE
  • Investors are most optimistic about the Software industry, which is trading close to its 3-year average PE ratio of 57.7x.
    • Analysts are expecting annual earnings growth of 62.8%, which is higher than its past year's earnings growth of 12.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 63% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 23% 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
ACT DecideActkr.4.8020.0%
+kr.16.4m		-14.3%n/a
YOYO OrderYOYOkr.7.722.4%
+kr.16.1m		48.7%PS3.2x
MAPS Mapspeoplekr.2.189.0%
+kr.12.8m		-54.6%PS4.6x
IMPERO Imperokr.4.5814.5%
+kr.12.0m		-0.7%PS4x
WIRTEK Wirtekkr.9.8012.4%
+kr.8.3m		-36.6%PE18x
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Latest News

NEXCOM

kr.2.48

Nexcom

7D

-11.4%

1Y

35.5%

PENNEO

kr.8.02

Penneo

7D

3.1%

1Y

-19.8%

WIRTEK

kr.9.80

Wirtek

7D

12.4%

1Y

-36.6%

NETC

kr.223.10

Netcompany Group

7D

-4.2%

1Y

-13.7%

Returns At Netcompany Group (CPH:NETC) Appear To Be Weighed Down

Oct 23
Returns At Netcompany Group (CPH:NETC) Appear To Be Weighed Down

YOYO

kr.7.72

OrderYOYO

7D

2.4%

1Y

48.7%

SLXIT

kr.2.14

Seluxit

7D

56.2%

1Y

-42.0%

SIM

kr.729.00

SimCorp

7D

-0.7%

1Y

61.5%

SCAPE

kr.1.12

Scape Technologies

7D

-8.2%

1Y

9.3%

RISMA

kr.7.30

RISMA Systems

7D

4.3%

1Y

40.4%

ACT

kr.4.80

DecideAct

7D

20.0%

1Y

-14.3%

SAME

kr.1.27

Samesystem

7D

-3.8%

1Y

-28.0%

RBLN B

kr.99.00

Roblon

7D

-2.5%

1Y

-29.3%

COLUM

kr.6.10

Columbus

7D

-1.6%

1Y

-12.6%

CBRAIN

kr.178.80

cBrain

7D

-12.1%

1Y

12.0%

IMPERO

kr.4.58

Impero

7D

14.5%

1Y

-0.7%

MAPS

kr.2.18

Mapspeople

7D

9.0%

1Y

-54.6%