Why Investors Shouldn't Be Surprised By Titanium Oyj's (HEL:TITAN) 25% Share Price Plunge
Apr 21
Finnish (OMX) Capital Markets Industry Analysis
UpdatedMay 14, 2024
DataAggregated Company Financials
Companies13
- 7D1.6%
- 3M1.2%
- 1Y-14.8%
- YTD-8.1%
The Capital Markets is pretty flat in the last 7 days, but eQ Oyj has stood out, gaining 7.2%. As for the longer term, the industry has declined 16% in the last year. Looking forward, earnings are forecast to grow by 9.6% annually.
Industry Valuation and Performance
Has the Finnish Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 14 May 2024 | €2.3b | €768.8m | €118.0m | 11.9x | 19.1x | 2.9x |
| Thu, 11 Apr 2024 | €2.3b | €755.9m | €95.2m | 13.8x | 24.1x | 3x |
| Sat, 09 Mar 2024 | €2.4b | €649.9m | €95.3m | 16.1x | 24.7x | 3.6x |
| Mon, 05 Feb 2024 | €2.4b | €695.0m | €90.4m | 16.6x | 26.1x | 3.4x |
| Wed, 03 Jan 2024 | €2.4b | €693.6m | €86.5m | 16.4x | 28.3x | 3.5x |
| Fri, 01 Dec 2023 | €2.3b | €693.6m | €86.5m | 16x | 26.2x | 3.3x |
| Sun, 29 Oct 2023 | €2.2b | €601.1m | €98.9m | 15.2x | 22.3x | 3.7x |
| Tue, 26 Sep 2023 | €2.5b | €600.1m | €105.1m | 15.9x | 23.7x | 4.1x |
| Thu, 24 Aug 2023 | €2.5b | €610.4m | €100.6m | 15.7x | 25.2x | 4.1x |
| Sat, 22 Jul 2023 | €2.5b | €540.5m | €112.7m | 15.1x | 22.1x | 4.6x |
| Mon, 19 Jun 2023 | €2.4b | €536.4m | €111.1m | 15.4x | 21.8x | 4.5x |
| Wed, 17 May 2023 | €2.4b | €536.8m | €111.1m | 14.9x | 22x | 4.6x |
| Fri, 14 Apr 2023 | €2.5b | €533.9m | €124.5m | 15x | 20.2x | 4.7x |
| Sun, 12 Mar 2023 | €2.6b | €534.3m | €124.5m | 15.6x | 21.3x | 5x |
| Tue, 07 Feb 2023 | €2.8b | €704.7m | €176.8m | 13.6x | 16.1x | 4x |
| Thu, 05 Jan 2023 | €2.7b | €568.1m | €171.6m | 13.5x | 15.7x | 4.7x |
| Sat, 03 Dec 2022 | €2.7b | €568.1m | €171.6m | 12.4x | 15.5x | 4.7x |
| Mon, 31 Oct 2022 | €2.4b | €456.1m | €130.2m | 11.9x | 18.7x | 5.3x |
| Wed, 28 Sep 2022 | €2.4b | €455.9m | €130.2m | 12.1x | 18.4x | 5.3x |
| Fri, 26 Aug 2022 | €2.6b | €437.3m | €137.3m | 14.2x | 19x | 6x |
| Sun, 24 Jul 2022 | €2.5b | €446.2m | €146.6m | 14.5x | 16.9x | 5.6x |
| Tue, 21 Jun 2022 | €2.4b | €446.2m | €146.6m | 13.5x | 16.4x | 5.4x |
| Thu, 19 May 2022 | €2.5b | €446.2m | €146.6m | 14.4x | 16.7x | 5.5x |
| Sat, 16 Apr 2022 | €2.5b | €443.7m | €144.2m | 14.6x | 17.5x | 5.7x |
| Mon, 14 Mar 2022 | €3.7b | €559.5m | €177.9m | 14.7x | 20.6x | 6.5x |
| Wed, 09 Feb 2022 | €3.8b | €548.7m | €179.2m | 14.7x | 21.1x | 6.9x |
| Fri, 07 Jan 2022 | €4.0b | €539.4m | €175.7m | 16.7x | 22.5x | 7.3x |
| Sun, 05 Dec 2021 | €3.2b | €539.4m | €175.7m | 13.4x | 18.4x | 6x |
| Tue, 02 Nov 2021 | €3.4b | €537.2m | €175.3m | 14.7x | 19.2x | 6.3x |
| Thu, 30 Sep 2021 | €3.0b | €517.0m | €160.7m | 16.4x | 18.6x | 5.8x |
| Sat, 28 Aug 2021 | €3.2b | €517.0m | €162.4m | 18.4x | 19.8x | 6.2x |
| Sun, 04 Jul 2021 | €2.9b | €518.9m | €160.5m | 15.4x | 18x | 5.6x |
Price to Earnings Ratio
18.1x
Current Industry PE
- Investors are relatively neutral on the Finnish Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.1x.
- The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 6.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 17% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Finnish Financials industry?
| FI Market | 2.21% | |
| Financials | 3.09% | |
| Capital Markets | 1.58% | |
| Asset Management | 1.76% | |
| Financial Exchanges and Data | 0% | |
| Investment Banking and Brokerage | 0% | |
| Diversified Capital Markets | -0.29% | |
Industry PE
- Investors are most optimistic about the Asset Management industry, which is trading close to its 3-year average PE ratio of 20.9x.
- Analysts are expecting annual earnings growth of 10.0%, which is lower than the prior year's growth of 11.5% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, which is trading close to its 3-year average of 14.9x.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 10% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Diversified Capital Markets industry is expected to see its earnings grow by 5.5% per year 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 | |
|---|---|---|---|---|---|
| EQV1V eQ Oyj | €14.90 | 6.8% +€39.2m | -21.6% | PE20.1x | |
| EVLI Evli Oyj | €19.55 | 2.9% +€14.6m | 6.3% | PE11.9x | |
| TITAN Titanium Oyj | €11.00 | 4.8% +€5.2m | -29.5% | PE11.7x | |
| ALEX Alexandria Group Oyj | €7.90 | 2.6% +€2.0m | 14.8% | PE10x | |
| INDERES Inderes Oyj | €18.85 | 0.8% +€255.3k | -31.9% | n/a |