Maltese (MSE) Market Analysis & Valuation

Market Valuation and Performance

Has the Maltese Market valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 02 May 2024	€4.8b	€2.4b	€422.1m	15.4x	11.4x	2x
Sat, 30 Mar 2024	€4.7b	€2.2b	€436.9m	15.4x	10.8x	2.1x
Mon, 26 Feb 2024	€4.7b	€2.2b	€448.0m	14.8x	10.6x	2.1x
Wed, 24 Jan 2024	€4.8b	€2.2b	€426.1m	15.3x	11.2x	2.2x
Fri, 22 Dec 2023	€4.9b	€2.2b	€426.1m	15.2x	11.4x	2.2x
Sun, 19 Nov 2023	€4.6b	€2.2b	€422.6m	13.2x	10.8x	2.1x
Tue, 17 Oct 2023	€4.6b	€2.1b	€384.4m	13x	12x	2.2x
Thu, 14 Sep 2023	€4.7b	€2.2b	€387.0m	15.6x	12.2x	2.2x
Sat, 12 Aug 2023	€4.9b	€2.1b	€360.4m	16.5x	13.6x	2.3x
Mon, 10 Jul 2023	€4.8b	€1.9b	€194.9m	17.7x	24.7x	2.6x
Wed, 07 Jun 2023	€4.8b	€1.9b	€185.1m	17.2x	25.9x	2.6x
Fri, 05 May 2023	€4.7b	€1.8b	€175.6m	19.9x	26.5x	2.6x
Sun, 02 Apr 2023	€4.5b	€2.2b	€131.9m	19.8x	34.2x	2.1x
Tue, 28 Feb 2023	€4.6b	€2.1b	€53.3m	21.3x	87.2x	2.2x
Thu, 26 Jan 2023	€4.5b	€2.1b	€53.3m	20.7x	84.9x	2.2x
Sat, 24 Dec 2022	€4.5b	€2.1b	€53.3m	21.3x	85x	2.2x
Mon, 21 Nov 2022	€4.6b	€2.1b	€51.0m	20.9x	90.8x	2.2x
Wed, 19 Oct 2022	€4.7b	€1.6b	€34.2m	24.6x	136.8x	3x
Fri, 16 Sep 2022	€4.7b	€1.6b	€33.4m	28.5x	141x	3x
Sun, 14 Aug 2022	€4.7b	€1.5b	€25.9m	25.5x	183.5x	3.2x
Tue, 12 Jul 2022	€4.8b	€1.4b	€87.4m	19.5x	54.7x	3.3x
Thu, 09 Jun 2022	€4.6b	€1.7b	€88.2m	21x	52.3x	2.7x
Sat, 07 May 2022	€4.7b	€1.7b	€81.5m	25.4x	57.4x	2.8x
Mon, 04 Apr 2022	€4.5b	€1.5b	€2.2m	20.9x	1996.1x	3x
Wed, 02 Mar 2022	€4.5b	€1.5b	€23.7m	20.9x	189.6x	3x
Fri, 28 Jan 2022	€4.4b	€1.5b	€19.4m	21.9x	226x	2.9x
Sun, 26 Dec 2021	€4.4b	€1.5b	€24.5m	22.1x	179.1x	2.9x
Tue, 23 Nov 2021	€4.4b	€1.5b	€23.2m	24.7x	190x	2.9x
Thu, 21 Oct 2021	€4.5b	€1.5b	€22.2m	25.2x	201.5x	3x
Sat, 18 Sep 2021	€4.4b	€1.5b	€18.9m	25x	230.7x	2.9x
Mon, 16 Aug 2021	€4.4b	€1.5b	€18.8m	22.4x	232.3x	2.9x
Mon, 31 May 2021	€4.5b	€1.5b	-€13,148,708.00	24.7x	-338.5x	3.1x

Current Market PE

Investors are optimistic on the Maltese market, and appear confident in strong long term growth rates.

The market is trading at a PE ratio of 11.4x which is higher than its 3-year average PE of -3kx.

Past Earnings Growth

Total earnings for Maltese listed companies have gone up over the last three years, and the market is now profitable.
Revenues have grown 17% per year, driving the profits up.

Sector Trends

Which sectors have driven the changes within the Maltese Market?


MT Market	-0.11%
Real Estate	0.93%
Energy	0%
Materials	0%
Industrials	0%
Consumer Discretionary	0%
Consumer Staples	0%
Healthcare	0%
Tech	0%
Utilities	0%
Financials	-0.41%
Telecom	-0.66%

Sector PE

Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 66.2x.

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
LOM Lombard Bank Malta	€0.80	-4.2% €45.9m	-20.3%	PB0.6x	Financials
PG PG	€1.98	1.0% +€2.2m	0%	PE15.5x	Consumer Staples
MDI MIDI	€0.23	3.6% +€1.7m	-21.2%	PS12.1x	Real Estate
MPC Malta Properties	€0.32	3.2% +€1.0m	-23.8%	PE15.7x	Real Estate
PZC Plaza Centres	€0.61	3.4% +€509.8k	-17.6%	PE14.1x	Real Estate