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Finnish (OMX) Telecom Sector Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies7
  • 7D1.0%
  • 3M0.4%
  • 1Y-19.7%
  • YTD-0.3%

The Telecom industry is up 1.0% in the last week, with Elisa Oyj up 0.9%. In contrast, the industry has lost 20% in the last 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

Has the Finnish Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024€9.2b€4.3b€394.4m17.1x23.4x2.1x
Tue, 16 Apr 2024€9.0b€4.3b€391.0m17.6x23x2.1x
Thu, 14 Mar 2024€9.1b€4.3b€404.2m17x22.6x2.1x
Sat, 10 Feb 2024€8.9b€4.3b€425.4m18.2x20.9x2.1x
Mon, 08 Jan 2024€10.2b€4.7b€464.7m24.8x21.9x2.2x
Wed, 06 Dec 2023€10.0b€4.7b€464.7m24.5x21.4x2.1x
Fri, 03 Nov 2023€10.0b€4.7b€464.7m24x21.5x2.1x
Sun, 01 Oct 2023€10.3b€4.6b€456.1m25.5x22.5x2.2x
Tue, 29 Aug 2023€10.4b€4.6b€456.1m25.4x22.7x2.2x
Thu, 27 Jul 2023€11.1b€4.6b€514.7m21.1x21.6x2.4x
Sat, 24 Jun 2023€11.1b€4.6b€518.5m20.7x21.4x2.4x
Mon, 22 May 2023€12.3b€4.6b€518.5m22.7x23.7x2.7x
Wed, 19 Apr 2023€12.3b€4.6b€541.5m23.3x22.6x2.7x
Fri, 17 Mar 2023€12.1b€4.6b€541.7m23.3x22.3x2.6x
Sun, 12 Feb 2023€12.2b€4.6b€554.5m21.4x22x2.7x
Tue, 10 Jan 2023€11.7b€4.5b€567.7m19.6x20.6x2.6x
Thu, 08 Dec 2022€12.0b€4.5b€566.8m19.2x21.2x2.7x
Sat, 05 Nov 2022€11.5b€4.5b€567.7m16.8x20.2x2.5x
Mon, 03 Oct 2022€11.1b€4.5b€582.7m15.5x19.1x2.5x
Wed, 31 Aug 2022€12.7b€4.5b€582.8m17.2x21.8x2.8x
Fri, 29 Jul 2022€12.9b€4.4b€583.3m17.5x22.2x2.9x
Sun, 26 Jun 2022€12.6b€4.4b€559.9m18.2x22.6x2.9x
Tue, 24 May 2022€12.9b€4.4b€559.9m19.3x23x3x
Thu, 21 Apr 2022€13.1b€4.3b€541.4m18.9x24.1x3x
Sat, 19 Mar 2022€12.7b€4.3b€541.4m19.1x23.5x3x
Mon, 14 Feb 2022€12.6b€4.3b€565.8m19.8x22.4x3x
Wed, 12 Jan 2022€13.0b€4.2b€549.5m20.7x23.6x3.1x
Fri, 10 Dec 2021€13.0b€4.2b€549.5m20.7x23.7x3.1x
Sun, 07 Nov 2021€13.3b€4.2b€550.4m22.2x24.2x3.2x
Tue, 05 Oct 2021€13.2b€4.1b€676.3m14.8x19.5x3.2x
Thu, 02 Sep 2021€13.8b€4.1b€677.1m16.6x20.4x3.4x
Sat, 31 Jul 2021€13.7b€4.1b€677.1m17.2x20.2x3.4x
Price to Earnings Ratio

18.6x


Total Market Cap: €12.4bTotal Earnings: €667.5mTotal Revenue: €4.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Telecom Sector Price to Earnings3Y Average 21.9x202220232024
Current Industry PE
  • Investors are relatively neutral on the Finnish Communication Services 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 21.9x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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 Telecom sector?

FI Market1.18%
Telecom1.02%
Entertainment2.69%
Media1.37%
Telecom Services and Carriers0.85%
Interactive Media and Services0%
Wireless Telecom0%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 21.8x.
    • Analysts are expecting annual earnings growth of 26.5%, which is higher than its past year's earnings decline of 53.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 88% over the next 5 years.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 4.9% 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
ELISA Elisa Oyj€42.500.9%
+€57.8m		-23.3%PE18.6x
ALMA Alma Media Oyj€10.504.0%
+€32.9m		8.2%PE15.6x
REMEDY Remedy Entertainment Oyj€19.082.7%
+€6.8m		-23.7%PS7.6x
ILKKA2 Ilkka Oyj€3.150.3%
+€253.6k		-11.3%PE14.7x
RUSH Rush Factory Oyj€0.3916.3%
+€127.5k		-53.5%PS0.3x
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Latest News

ALMA

€10.50

Alma Media Oyj

7D

4.0%

1Y

8.2%

ELISA

€42.50

Elisa Oyj

7D

0.9%

1Y

-23.3%

Getting In Cheap On Elisa Oyj (HEL:ELISA) Is Unlikely

May 14
Getting In Cheap On Elisa Oyj (HEL:ELISA) Is Unlikely

REMEDY

€19.08

Remedy Entertainment Oyj

7D

2.7%

1Y

-23.7%

SANOMA

€6.60

Sanoma Oyj

7D

-0.2%

1Y

-10.1%

ILKKA2

€3.15

Ilkka Oyj

7D

0.3%

1Y

-11.3%

KSL

€8.50

Keskisuomalainen Oyj

7D

-2.5%

1Y

-26.7%

RUSH

€0.39

Rush Factory Oyj

7D

16.3%

1Y

-53.5%

PUMU

€2.34

PunaMusta Media Oyj

7D

-1.7%

1Y

-37.8%