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Danish (OMX) Market Analysis & Valuation

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies154
  • 7D-0.5%
  • 3M4.8%
  • 1Y25.5%
  • YTD16.4%

Over the last 7 days, the market has remained flat, although notably the Utilities sector gained 12% in that time. Meanwhile, the market is actually up 25% over the past year. Looking forward, earnings are forecast to grow by 13% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024kr.6.5tkr.1.7tkr.189.0b14.8x34.3x3.8x
Fri, 05 Apr 2024kr.6.4tkr.1.7tkr.192.4b15x33x3.7x
Sun, 03 Mar 2024kr.6.3tkr.1.7tkr.192.2b13.7x32.8x3.7x
Tue, 30 Jan 2024kr.5.8tkr.1.8tkr.217.0b13.9x26.7x3.3x
Thu, 28 Dec 2023kr.5.5tkr.1.8tkr.215.5b13.4x25.6x3.1x
Sat, 25 Nov 2023kr.5.5tkr.1.8tkr.216.6b13.2x25.3x3.1x
Mon, 23 Oct 2023kr.5.2tkr.1.9tkr.284.9b12.7x18.4x2.8x
Wed, 20 Sep 2023kr.5.3tkr.1.9tkr.283.2b13.4x18.7x2.8x
Fri, 18 Aug 2023kr.5.3tkr.1.9tkr.279.8b13.3x19.1x2.9x
Sun, 16 Jul 2023kr.5.0tkr.1.9tkr.318.0b13.4x15.8x2.6x
Tue, 13 Jun 2023kr.5.1tkr.1.9tkr.325.1b14.3x15.7x2.6x
Thu, 11 May 2023kr.5.2tkr.1.9tkr.319.7b14.2x16.3x2.7x
Sat, 08 Apr 2023kr.4.9tkr.1.9tkr.343.9b14.9x14.2x2.5x
Mon, 06 Mar 2023kr.4.8tkr.1.9tkr.347.5b14.1x13.9x2.5x
Wed, 01 Feb 2023kr.4.6tkr.1.9tkr.354.9b13.6x12.9x2.4x
Fri, 30 Dec 2022kr.4.6tkr.1.9tkr.359.0b14.1x12.8x2.4x
Sun, 27 Nov 2022kr.4.4tkr.1.9tkr.364.8b13.3x12.1x2.3x
Tue, 25 Oct 2022kr.4.1tkr.1.9tkr.346.7b13.3x11.9x2.1x
Thu, 22 Sep 2022kr.4.2tkr.1.9tkr.346.2b12.8x12x2.2x
Sat, 20 Aug 2022kr.4.6tkr.1.9tkr.344.0b14.2x13.3x2.4x
Mon, 18 Jul 2022kr.4.5tkr.1.8tkr.306.5b12x14.8x2.6x
Wed, 15 Jun 2022kr.4.3tkr.1.8tkr.300.9b12.5x14.2x2.4x
Fri, 13 May 2022kr.4.3tkr.1.7tkr.299.1b13.4x14.4x2.5x
Sun, 10 Apr 2022kr.4.8tkr.1.6tkr.264.7b14.1x18.2x3x
Tue, 08 Mar 2022kr.4.4tkr.1.6tkr.263.6b13.4x16.7x2.7x
Thu, 03 Feb 2022kr.4.6tkr.1.5tkr.214.5b16.4x21.7x3.2x
Sat, 01 Jan 2022kr.5.0tkr.1.5tkr.213.2b17.6x23.3x3.4x
Mon, 29 Nov 2021kr.4.8tkr.1.5tkr.212.9b15.9x22.5x3.3x
Wed, 27 Oct 2021kr.4.9tkr.1.4tkr.187.6b16.9x26x3.6x
Fri, 24 Sep 2021kr.4.9tkr.1.4tkr.186.8b16x26.1x3.6x
Sun, 22 Aug 2021kr.5.0tkr.1.4tkr.185.9b16.2x26.6x3.7x
Fri, 09 Jul 2021kr.4.4tkr.1.4tkr.186.0b15.5x23.9x3.3x
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 19.7x202220232024
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 34.3x which is higher than its 3-year average PE of 19.7x.
Past Earnings Growth
  • The earnings for Danish listed companies have grown 8.3% per year over the last three years.
  • Revenues for these companies have grown 10.0% 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 Market-0.55%
Utilities12.26%
Tech11.28%
Materials6.46%
Consumer Discretionary4.08%
Industrials0.86%
Telecom0.096%
Energy0%
Financials-0.30%
Consumer Staples-0.89%
Healthcare-1.72%
Real Estate-1.74%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 47.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 38.0% which is higher than its past year's earnings decline of 20.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 55% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 18% 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
ORSTED Ørstedkr.430.6012.9%
+kr.20.6b		-30.9%PS2.5xUtilities
NSIS B Novozymeskr.416.008.4%
+kr.15.1b		19.1%PE63.9xMaterials
ROCK B Rockwoolkr.2.60k13.3%
+kr.6.5b		50.5%PE19.1xIndustrials
DSV DSVkr.1.02k2.6%
+kr.5.2b		-22.5%PE18.5xIndustrials
ALK B ALK-Abellókr.153.3016.8%
+kr.4.9b		75.3%PE61.1xHealthcare
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kr.542.00

Jyske Bank

7D

-5.4%

1Y

16.2%

NOVO B

kr.889.70

Novo Nordisk

7D

-0.9%

1Y

55.9%

PNDORA

kr.1,128.00

Pandora

7D

4.2%

1Y

87.1%

DANSKE

kr.190.60

Danske Bank

7D

-5.7%

1Y

39.0%

ISS

kr.123.70

ISS

7D

-3.5%

1Y

-12.5%

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May 07
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STG

kr.101.60

Scandinavian Tobacco Group

7D

-9.9%

1Y

-19.4%

ALK B

kr.153.30

ALK-Abelló

7D

16.8%

1Y

75.3%

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ROCK B

kr.2,596.00

Rockwool

7D

13.3%

1Y

50.5%

VWS

kr.189.75

Vestas Wind Systems

7D

1.6%

1Y

-5.9%

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ORSTED

kr.430.60

Ørsted

7D

12.9%

1Y

-30.9%

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May 04
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NSIS B

kr.416.00

Novozymes

7D

8.4%

1Y

19.1%

SVITZR

kr.230.00

Svitzer Group

7D

-3.6%

1Y

n/a

MAERSK B

kr.10,395.00

A.P. Møller - Mærsk

7D

2.9%

1Y

-11.9%

NKT

kr.556.00

NKT

7D

-2.5%

1Y

59.8%

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Apr 28
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DSV

kr.1,016.00

DSV

7D

2.6%

1Y

-22.5%

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CHR

kr.549.60

Chr. Hansen Holding

7D

-1.2%

1Y

7.1%