Latvian (OMX) Market Analysis & Valuation
UpdatedJun 19, 2024
DataAggregated Company Financials
Companies10
- 7D-0.3%
- 3M-6.1%
- 1Y-9.3%
- YTD-7.3%
The market has stayed flat over the 7 days. As for last year, the market is down 9.3%.
Market Valuation and Performance
Has the Latvian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 19 Jun 2024 | €681.3m | €650.7m | -€39,055,451.00 | 12.6x | -17.4x | 1x |
| Fri, 17 May 2024 | €692.3m | €703.2m | -€41,574,286.00 | 13.4x | -16.7x | 1x |
| Sun, 14 Apr 2024 | €714.0m | €702.0m | -€41,524,092.00 | 13.6x | -17.2x | 1x |
| Tue, 12 Mar 2024 | €731.8m | €801.4m | €2.8m | 14.1x | 262.7x | 0.9x |
| Thu, 08 Feb 2024 | €735.2m | €849.8m | €6.5m | 15x | 112.8x | 0.9x |
| Sat, 06 Jan 2024 | €743.4m | €878.6m | €3.0m | 15x | 246.2x | 0.8x |
| Mon, 04 Dec 2023 | €753.8m | €1.0b | €43.6m | 13.8x | 17.3x | 0.7x |
| Wed, 01 Nov 2023 | €731.7m | €1.0b | €43.6m | 13.8x | 16.8x | 0.7x |
| Fri, 29 Sep 2023 | €708.4m | €1.0b | €43.6m | 12.6x | 16.3x | 0.7x |
| Sun, 27 Aug 2023 | €751.9m | €1.1b | €53.7m | 10.3x | 14x | 0.7x |
| Tue, 25 Jul 2023 | €783.1m | €1.1b | €56.1m | 11x | 14x | 0.7x |
| Thu, 22 Jun 2023 | €728.0m | €1.1b | €56.1m | 10.2x | 13x | 0.7x |
| Sat, 20 May 2023 | €643.8m | €1.3b | €118.5m | 10.2x | 5.4x | 0.5x |
| Mon, 17 Apr 2023 | €654.6m | €1.3b | €122.6m | 11.4x | 5.3x | 0.5x |
| Wed, 15 Mar 2023 | €733.2m | €1.3b | €128.5m | 11.4x | 5.7x | 0.6x |
| Fri, 10 Feb 2023 | €749.2m | €1.4b | €294.5m | 11.6x | 2.5x | 0.5x |
| Sun, 08 Jan 2023 | €722.2m | €1.4b | €294.5m | 11.5x | 2.5x | 0.5x |
| Tue, 06 Dec 2022 | €698.8m | €1.4b | €294.5m | 11.4x | 2.4x | 0.5x |
| Thu, 03 Nov 2022 | €697.3m | €1.3b | €113.5m | 6.9x | 6.1x | 0.5x |
| Sat, 01 Oct 2022 | €673.3m | €1.3b | €113.5m | 6.9x | 5.9x | 0.5x |
| Mon, 29 Aug 2022 | €720.3m | €1.3b | €85.1m | 11.7x | 8.5x | 0.6x |
| Wed, 27 Jul 2022 | €742.7m | €1.2b | €84.2m | 11.3x | 8.8x | 0.6x |
| Fri, 24 Jun 2022 | €693.9m | €1.2b | €84.2m | 9.7x | 8.2x | 0.6x |
| Sun, 22 May 2022 | €648.2m | €987.3m | €32.7m | 11.9x | 19.8x | 0.7x |
| Tue, 19 Apr 2022 | €681.3m | €985.9m | €32.2m | 12.8x | 21.1x | 0.7x |
| Thu, 17 Mar 2022 | €868.0m | €1.2b | €53.6m | 9.6x | 16.2x | 0.7x |
| Sat, 12 Feb 2022 | €951.5m | €924.5m | -€123,116,525.00 | 9.1x | -7.7x | 1x |
| Mon, 10 Jan 2022 | €962.2m | €922.0m | -€124,322,302.00 | 9.1x | -7.7x | 1x |
| Wed, 08 Dec 2021 | €949.2m | €922.0m | -€123,854,401.00 | 9.1x | -7.7x | 1x |
| Fri, 05 Nov 2021 | €914.3m | €612.5m | €36.5m | 18.9x | 25.1x | 1.5x |
| Sun, 03 Oct 2021 | €855.7m | €592.0m | €33.0m | 16.7x | 26x | 1.4x |
| Tue, 31 Aug 2021 | €841.3m | €592.0m | €33.1m | 17x | 25.5x | 1.4x |
| Wed, 07 Jul 2021 | €808.7m | €592.0m | €33.1m | 15.7x | 24.5x | 1.4x |
Price to Earnings Ratio
24.5x
Current Market PE
- Investors are optimistic on the Latvian market, and appear confident in strong long term growth rates.
- The market is trading at a PS ratio of 1.0x, higher but close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- Total earnings for Latvian listed companies have declined over the last three years, with the market now making a loss overall.
- Revenues have grown 3.2% 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.
Sector Trends
Which sectors have driven the changes within the Latvian Market?
| LV Market | -0.29% | |
| Financials | 0.82% | |
| Utilities | 0.23% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Healthcare | 0% | |
| Telecom | 0% | |
| Consumer Discretionary | -0.96% | |
| Industrials | -1.56% | |
| Tech | -1.76% | |
| Consumer Staples | -1.92% | |
Sector PE
- Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 14.9x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| IDX1R IPAS Indexo | €13.60 | 3.8% +€2.3m | -4.2% | PS18.4x | Financials | |
| GZE1R AS Latvijas Gaze | €8.70 | 0.2% +€798.0k | -2.2% | PS3.2x | Utilities | |
| SCM1R AS Siguldas Ciltslietu Un Maksligas Apseklosanas Stacija | €7.70 | 2.7% +€84.5k | 17.6% | PE114.8x | Consumer Staples |
