There May Be Underlying Issues With The Quality Of KEO's (CSE:KEO) Earnings
May 01
Cypriot (CYSMMAPA) Market Analysis & Valuation
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies46
- 7D-1.1%
- 3M4.8%
- 1Y34.7%
- YTD5.5%
Over the last 7 days, the market has dropped 1.1%, driven by a loss of 2.5% in the Financials sector. On the other hand, the Materials has risen by 4.5%. As for the longer term, the market has actually risen by 35% in the last year. As for the next few years, earnings are forecast to decline by 12% per annum.
Market Valuation and Performance
Has the Cypriot Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | €4.1b | €4.6b | €1.1b | 3.8x | 3.6x | 0.9x |
| Sat, 30 Mar 2024 | €4.1b | €4.6b | €1.1b | 4.9x | 3.8x | 0.9x |
| Mon, 26 Feb 2024 | €5.1b | €4.5b | €918.1m | 5.7x | 5.6x | 1.1x |
| Wed, 24 Jan 2024 | €5.7b | €4.6b | €879.6m | 6.4x | 6.5x | 1.2x |
| Fri, 22 Dec 2023 | €4.6b | €4.2b | €841.8m | 6.3x | 5.4x | 1.1x |
| Sun, 19 Nov 2023 | €4.3b | €4.0b | €755.9m | 6.4x | 5.7x | 1.1x |
| Tue, 17 Oct 2023 | €3.9b | €3.9b | €565.9m | 6.2x | 6.9x | 1x |
| Thu, 14 Sep 2023 | €4.0b | €4.0b | €563.7m | 10.3x | 7x | 1x |
| Sat, 12 Aug 2023 | €3.8b | €3.9b | €488.1m | 9.9x | 7.8x | 1x |
| Mon, 10 Jul 2023 | €3.6b | €3.7b | €370.8m | 10.3x | 9.8x | 1x |
| Wed, 07 Jun 2023 | €4.4b | €3.8b | €352.5m | 10.2x | 12.4x | 1.2x |
| Fri, 05 May 2023 | €4.2b | €3.8b | €225.7m | 13.2x | 18.8x | 1.1x |
| Sun, 02 Apr 2023 | €4.2b | €3.6b | €232.4m | 13.7x | 18.1x | 1.2x |
| Tue, 28 Feb 2023 | €3.6b | €3.3b | €241.1m | 11.6x | 14.8x | 1.1x |
| Thu, 26 Jan 2023 | €3.0b | €3.2b | €171.0m | 11.8x | 17.3x | 0.9x |
| Sat, 24 Dec 2022 | €2.8b | €3.2b | €171.1m | 11.5x | 16.2x | 0.9x |
| Mon, 21 Nov 2022 | €2.5b | €3.2b | €145.5m | 12.4x | 16.9x | 0.8x |
| Wed, 19 Oct 2022 | €2.3b | €3.1b | €224.3m | 9.5x | 10.5x | 0.8x |
| Fri, 16 Sep 2022 | €2.3b | €2.9b | €204.7m | 9.6x | 11.1x | 0.8x |
| Sun, 14 Aug 2022 | €2.1b | €2.9b | €173.7m | 10.6x | 12.3x | 0.7x |
| Tue, 12 Jul 2022 | €2.0b | €2.8b | €177.3m | 9.7x | 11.2x | 0.7x |
| Thu, 09 Jun 2022 | €2.9b | €2.8b | €152.4m | 9.9x | 19.2x | 1.1x |
| Sat, 07 May 2022 | €2.9b | €2.9b | €142.0m | 9.6x | 20.4x | 1x |
| Mon, 04 Apr 2022 | €2.9b | €2.7b | €168.6m | 9.7x | 16.9x | 1.1x |
| Wed, 02 Mar 2022 | €2.0b | €3.1b | €154.5m | 9.4x | 13.1x | 0.7x |
| Fri, 28 Jan 2022 | €2.1b | €3.0b | €93.0m | 9.7x | 22.3x | 0.7x |
| Sun, 26 Dec 2021 | €2.0b | €3.0b | €93.4m | 9.4x | 21.1x | 0.7x |
| Tue, 23 Nov 2021 | €2.9b | €3.1b | €124.8m | 8.4x | 23.5x | 1x |
| Thu, 21 Oct 2021 | €2.9b | €3.1b | €118.3m | 8.8x | 24.6x | 1x |
| Sat, 18 Sep 2021 | €2.9b | €2.9b | €158.7m | 9x | 18.5x | 1x |
| Mon, 16 Aug 2021 | €3.1b | €2.5b | €163.3m | 9.4x | 18.7x | 1.2x |
| Mon, 31 May 2021 | €2.9b | €2.4b | €69.2m | 10.2x | 42x | 1.2x |
Price to Earnings Ratio
42.1x
Current Market PE
- Investors are pessimistic on the Cypriot market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 3.6x which is lower than its 3-year average PE of 15.1x.
Past Earnings Growth
- The earnings for Cypriot listed companies have grown 153% per year over the last three years.
- Revenues for these companies have grown 23% 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 Cypriot Market?
| CY Market | -1.12% | |
| Materials | 4.54% | |
| Consumer Staples | 3.83% | |
| Tech | 3.70% | |
| Real Estate | 3.51% | |
| Industrials | 0.42% | |
| Healthcare | 0% | |
| Telecom | 0% | |
| Utilities | 0% | |
| Consumer Discretionary | -1.36% | |
| Energy | -1.71% | |
| Financials | -2.46% | |
Sector PE
- Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 30.2x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 13.7x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Financials sector.
- They expect its earnings to decline by only 12% per year over the next 5 years, which isn't as bad as the other sectors.
- This is a reversal from its past annual earnings growth rate of 437% per year.
- In contrast, the Financials sector is expected to see its earnings decline by 12% 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 | Sector | |
|---|---|---|---|---|---|---|
| BOCH Bank of Cyprus Holdings | €3.71 | 1.9% +€30.8m | 54.6% | PB0.7x | Financials | |
| VCW Vassiliko Cement Works | €3.50 | 5.4% +€12.9m | 26.8% | PE9x | Materials | |
| LOG Logicom | €2.84 | 6.0% +€11.9m | 27.9% | PE4.7x | Tech | |
| CCC Cyprus Cement | €0.71 | 2.9% +€2.7m | 14.4% | PE2.6x | Materials | |
| BLUE Blue Island | €1.14 | 16.3% +€2.5m | 26.7% | PE10.9x | Consumer Staples |
