With EPS Growth And More, Oma Säästöpankki Oyj (HEL:OMASP) Makes An Interesting Case
May 01
Finnish (OMX) Financials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies18
- 7D1.6%
- 3M-1.8%
- 1Y-6.1%
- YTD-0.5%
In the last week, the Financials industry is up 1.6%, with Sampo Oyj up 2.8%. During this same period, the Mandatum Oyj underperformed, falling 8.5%. In the past year, the industry is down 6.1%. Looking forward, earnings are forecast to grow by 4.3% annually.
Sector Valuation and Performance
Has the Finnish Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €26.5b | €10.8b | €1.7b | 12x | 15.3x | 2.5x |
| Tue, 16 Apr 2024 | €26.2b | €10.3b | €1.6b | 13.7x | 16.7x | 2.5x |
| Thu, 14 Mar 2024 | €26.6b | €10.2b | €1.6b | 13.2x | 16.9x | 2.6x |
| Sat, 10 Feb 2024 | €26.2b | €9.5b | €826.5m | 15.1x | 31.8x | 2.8x |
| Mon, 08 Jan 2024 | €26.3b | €9.3b | €752.3m | 16.6x | 35x | 2.8x |
| Wed, 06 Dec 2023 | €26.5b | €9.3b | €752.3m | 16.3x | 35.2x | 2.8x |
| Fri, 03 Nov 2023 | €25.0b | €9.1b | €803.4m | 15.4x | 31.1x | 2.7x |
| Sun, 01 Oct 2023 | €24.9b | €9.0b | €952.7m | 15.6x | 26.2x | 2.8x |
| Tue, 29 Aug 2023 | €24.7b | €9.9b | €952.7m | 16.1x | 25.9x | 2.5x |
| Thu, 27 Jul 2023 | €24.8b | €9.2b | €1.3b | 15.5x | 18.6x | 2.7x |
| Sat, 24 Jun 2023 | €25.0b | €9.2b | €1.3b | 15.3x | 18.8x | 2.7x |
| Mon, 22 May 2023 | €26.1b | €9.2b | €1.3b | 16.1x | 19.6x | 2.8x |
| Wed, 19 Apr 2023 | €27.0b | €9.5b | €1.7b | 14.4x | 16x | 2.8x |
| Fri, 17 Mar 2023 | €26.0b | €9.6b | €1.7b | 14.5x | 15.4x | 2.7x |
| Sun, 12 Feb 2023 | €28.1b | €10.2b | €14.7b | 13.4x | 1.9x | 2.8x |
| Tue, 10 Jan 2023 | €29.8b | €10.9b | €2.5b | 12.2x | 11.7x | 2.7x |
| Thu, 08 Dec 2022 | €29.6b | €10.8b | €2.5b | 12.3x | 11.7x | 2.7x |
| Sat, 05 Nov 2022 | €28.1b | €11.2b | €2.7b | 11.6x | 10.4x | 2.5x |
| Mon, 03 Oct 2022 | €27.3b | €11.2b | €2.7b | 10.9x | 10.1x | 2.4x |
| Wed, 31 Aug 2022 | €27.8b | €11.2b | €2.7b | 12.1x | 10.2x | 2.5x |
| Fri, 29 Jul 2022 | €26.3b | €13.6b | €2.9b | 11.4x | 9.1x | 1.9x |
| Sun, 26 Jun 2022 | €25.7b | €13.6b | €2.9b | 10.9x | 8.8x | 1.9x |
| Tue, 24 May 2022 | €26.7b | €13.6b | €2.9b | 11.2x | 9.2x | 2x |
| Thu, 21 Apr 2022 | €30.2b | €14.8b | €2.9b | 12.9x | 10.5x | 2x |
| Sat, 19 Mar 2022 | €29.6b | €13.0b | €1.1b | 14.8x | 27.7x | 2.3x |
| Mon, 14 Feb 2022 | €30.3b | €13.0b | €1.1b | 14.5x | 28.3x | 2.3x |
| Wed, 12 Jan 2022 | €30.2b | €13.0b | €1.1b | 14.5x | 28.5x | 2.3x |
| Fri, 10 Dec 2021 | €29.1b | €12.7b | €1.1b | 13.1x | 27.4x | 2.3x |
| Sun, 07 Nov 2021 | €30.1b | €12.7b | €1.1b | 13.9x | 28.4x | 2.4x |
| Tue, 05 Oct 2021 | €29.4b | €12.8b | €905.6m | 14.9x | 32.5x | 2.3x |
| Thu, 02 Sep 2021 | €29.6b | €12.8b | €907.3m | 16.7x | 32.6x | 2.3x |
| Sat, 31 Jul 2021 | €27.4b | €12.8b | €905.4m | 15.3x | 30.3x | 2.1x |
Price to Earnings Ratio
41.2x
Current Industry PE
- Investors are pessimistic on the Finnish 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 15.3x which is lower than its 3-year average PE of 21.4x.
- 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 41% per year over the last three years.
- Meanwhile revenues for these companies have declined 5.3% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Finnish Financials sector?
| FI Market | 1.18% | |
| Financials | 1.64% | |
| Capital Markets | 2.57% | |
| Insurance | 1.64% | |
| Banks | 0.39% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 20.1x.
- Analysts are expecting annual earnings growth of 9.4%, which is higher than its past year's earnings growth of 6.0% per year.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 12.0x.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 9.4% over the next 5 years.
- This is better than its past earnings growth rate of 6.0% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAMPO Sampo Oyj | €40.53 | 2.8% +€552.0m | -5.6% | PE17.4x | |
| EQV1V eQ Oyj | €15.05 | 3.1% +€21.3m | -18.8% | PE20.4x | |
| TITAN Titanium Oyj | €12.75 | 18.6% +€20.6m | -19.0% | PE13.5x | |
| ALBAV Ålandsbanken Abp | €35.00 | 2.9% +€15.3m | 0.9% | PB1.8x | |
| EVLI Evli Oyj | €20.00 | 2.8% +€14.6m | 7.2% | PE12.2x |