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Austrian (ATX) Market Analysis & Valuation

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies65
  • 7D2.4%
  • 3M4.0%
  • 1Y40.8%
  • YTD4.8%

Over the last 7 days, the market has risen 2.4%, driven by gains of 4.4% in the Financials sector. As for the past 12 months, the market is up 41%. Earnings are forecast to grow by 9.4% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Apr 2026€194.7b€167.5b€14.4b17.9x13.5x1.2x
Mon, 09 Mar 2026€188.5b€167.6b€14.5b17x13x1.1x
Wed, 04 Feb 2026€196.3b€175.6b€14.6b15.6x13.5x1.1x
Fri, 02 Jan 2026€184.9b€176.0b€13.2b15.6x14x1.1x
Sun, 30 Nov 2025€175.8b€177.5b€13.1b15.5x13.4x1x
Tue, 28 Oct 2025€166.4b€178.1b€12.6b15.6x13.2x0.9x
Thu, 25 Sep 2025€164.8b€178.1b€12.5b15.9x13.2x0.9x
Sat, 23 Aug 2025€169.7b€175.7b€12.5b16.3x13.6x1x
Mon, 21 Jul 2025€160.2b€176.7b€13.7b13.7x11.7x0.9x
Wed, 18 Jun 2025€157.7b€176.8b€13.7b13.4x11.5x0.9x
Fri, 16 May 2025€159.4b€179.0b€13.0b12.8x12.3x0.9x
Sun, 13 Apr 2025€138.6b€178.1b€13.4b11.7x10.4x0.8x
Tue, 11 Mar 2025€153.5b€176.1b€12.1b13.6x12.7x0.9x
Thu, 06 Feb 2025€141.1b€175.5b€12.6b13.7x11.2x0.8x
Sat, 04 Jan 2025€136.3b€177.0b€12.5b13.2x10.9x0.8x
Mon, 02 Dec 2024€135.2b€177.6b€12.6b13x10.7x0.8x
Wed, 30 Oct 2024€137.1b€178.4b€13.5b11.3x10.2x0.8x
Fri, 27 Sep 2024€138.0b€179.0b€13.8b12.7x10x0.8x
Sun, 25 Aug 2024€142.5b€178.8b€13.5b11.5x10.6x0.8x
Tue, 23 Jul 2024€140.6b€180.2b€14.0b10.6x10.1x0.8x
Thu, 20 Jun 2024€138.4b€180.1b€14.0b11.3x9.9x0.8x
Sat, 18 May 2024€142.4b€180.6b€14.5b11.1x9.8x0.8x
Mon, 15 Apr 2024€136.6b€188.0b€14.4b9.8x9.5x0.7x
Wed, 13 Mar 2024€131.1b€190.2b€15.5b8.9x8.5x0.7x
Fri, 09 Feb 2024€131.4b€190.6b€15.4b8.7x8.6x0.7x
Sun, 07 Jan 2024€138.0b€195.3b€15.9b8.8x8.7x0.7x
Tue, 05 Dec 2023€134.3b€195.4b€15.7b8.8x8.6x0.7x
Thu, 02 Nov 2023€127.8b€204.6b€16.1b9.3x8x0.6x
Sat, 30 Sep 2023€129.3b€203.6b€15.5b10.5x8.4x0.6x
Mon, 28 Aug 2023€126.6b€199.0b€15.5b11.6x8.2x0.6x
Wed, 26 Jul 2023€129.9b€202.8b€17.2b10.6x7.6x0.6x
Fri, 23 Jun 2023€124.0b€202.6b€17.1b11.5x7.2x0.6x
Sun, 21 May 2023€128.6b€202.1b€17.3b12.5x7.4x0.6x
Tue, 18 Apr 2023€131.8b€202.3b€17.2b14.2x7.7x0.7x
Price to Earnings Ratio

7.7x


Total Market Cap: €131.8bTotal Earnings: €17.2bTotal Revenue: €202.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Austrian Market Price to Earnings3Y Average 10.5x202420252026
Current Market PE
  • Investors are optimistic on the Austrian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 13.5x which is higher than its 3-year average PE of 10.5x.
Past Earnings Growth
  • The earnings for companies in the Austrian industry have declined 5.6% per year over the last three years.
  • Revenues have also declined 6.1% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Austrian Market?

AT Market2.42%
Tech7.37%
Materials5.76%
Industrials5.10%
Financials4.41%
Telecom1.11%
Real Estate1.05%
Healthcare0%0
Consumer Staples-0.16%
Consumer Discretionary-0.66%
Utilities-2.65%
Energy-3.62%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 28.9x.
    • Analysts expect its future annual earnings growth (113.9%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • The Consumer Discretionary sector is the least preferred by investors for future growth, which is trading below its 3-year average of 5.4x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 114% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
EBS Erste Group Bank€103.8010.3%
+€3.8b		78.8%PB1.5xFinancials
RBI Raiffeisen Bank International€44.2417.9%
+€2.2b		110.9%PB0.7xFinancials
STR Strabag€95.008.0%
+€808.1m		48.0%PE13.3xIndustrials
BG BAWAG Group€140.907.3%
+€739.0m		70.6%PB2.2xFinancials
VOE Voestalpine€43.1210.8%
+€723.5m		113.5%PE32.8xMaterials
See more

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RBI
€44.24
Raiffeisen Bank International
7D
17.9%
1Y
110.9%
BG
€140.90
BAWAG Group
7D
7.3%
1Y
70.6%
CPI
€15.60
CPI Europe
7D
-1.2%
1Y
-7.9%
OMV
€59.40
OMV
7D
-5.6%
1Y
43.4%

OMV's (VIE:OMV) Soft Earnings Are Actually Better Than They Appear

Apr 09
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VER
€66.75
VERBUND
7D
-2.1%
1Y
5.7%

VER: Dividend Outlook And 2026 Guidance Will Support Upside Despite Cautious Margins

Analysts have trimmed VERBUND's fair value estimate by about €0.53 per share. This reflects slightly softer profit margin assumptions and a series of recent price target cuts and downgrades, while revenue growth expectations and future P/E assumptions remain largely unchanged.
VIG
€65.70
Vienna Insurance Group
7D
4.8%
1Y
77.3%

VIG: Index Inclusion And Dividend Policy Will Shape Measured Future Upside Potential

Analysts have kept their price target for Vienna Insurance Group steady at €69.38. This reflects unchanged assumptions around fair value, discount rate, revenue growth, profit margin and future P/E expectations.
ANDR
€67.60
Andritz
7D
11.0%
1Y
32.7%

ANDR: Execution On 2026 Guidance And Dividend Payout Will Support Earnings Upside

Analysts have trimmed the blended price target for Andritz by a few euros, reflecting mixed recent calls. These include a downgrade to Neutral and a small cut to one large bank target, partially offset by another firm's higher target, while underlying fair value assumptions remain broadly unchanged.
STR
€95.00
Strabag
7D
8.0%
1Y
48.0%

STR: Raised Margin Guidance And Major Projects Will Support Future Upside

Analysts have updated their stance on Strabag, resulting in a lower analyst rating and a refreshed price target of €108.90 that reflects a slightly higher discount rate and updated assumptions for revenue growth, profit margin and future P/E. Analyst Commentary The latest rating change to Accumulate, alongside a price target of €108.90, indicates that analysts still see upside potential, but with a more measured view on execution and valuation risk.
VOE
€43.12
Voestalpine
7D
10.8%
1Y
113.5%

VOE: Higher P/E Expectations Will Test Resilience To Metals And Mining Risks

The updated analyst fair value estimate for Voestalpine has moved from €38.66 to €57.00. This reflects a higher assumed future P/E of 19.70, even as analysts factor in lower revenue growth and profit margin expectations, along with recent mixed rating and price target changes across the Street.
EBS
€103.80
Erste Group Bank
7D
10.3%
1Y
78.8%

EBS: Future Share Moves Will Reflect Raised Guidance And Dividend Support

Erste Group Bank's analyst price target has been revised slightly to €107.69, with analysts citing recent target increases to €119 and €122 as support for maintaining a constructive view on the shares. Analyst Commentary Recent commentary from major brokers points to a constructive tone on Erste Group Bank, with price targets now cited at €119 and €122.
ZAG
€3.70
Zumtobel Group
7D
-1.3%
1Y
-14.7%
REGU
€8.10
ReGuest
7D
-0.6%
1Y
n/a
MARI
€12.90
Marinomed Biotech
7D
-9.8%
1Y
-2.6%
UQA
€16.48
UNIQA Insurance Group
7D
6.2%
1Y
78.7%
BMAG
€15.70
Bajaj Mobility
7D
-0.8%
1Y
8.7%
RWT
€2.40
RWT
7D
-4.0%
1Y
n/a