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Cypriot (CYSMMAPA) Market Analysis & Valuation

UpdatedMay 26, 2024
DataAggregated Company Financials
Companies47
  • 7D4.5%
  • 3M20.8%
  • 1Y53.3%
  • YTD19.8%

The market is up 4.5% over the last week, with the Financials sector leading the way, up 5.1%. The market is up 53% over the last 12 months. Looking forward, earnings are forecast to decline by 15% per year.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 May 2024€6.0b€4.5b€1.3b6.6x4.6x1.3x
Tue, 23 Apr 2024€4.1b€4.5b€1.1b4.5x3.7x0.9x
Thu, 21 Mar 2024€5.2b€4.6b€1.1b5.5x4.6x1.1x
Sat, 17 Feb 2024€5.1b€4.5b€886.9m5.7x5.8x1.1x
Mon, 15 Jan 2024€5.7b€4.6b€879.6m6.4x6.5x1.3x
Wed, 13 Dec 2023€4.5b€4.2b€841.8m6.2x5.4x1.1x
Fri, 10 Nov 2023€4.3b€3.9b€566.0m6.5x7.5x1.1x
Sun, 08 Oct 2023€3.9b€3.9b€565.9m6.4x7x1x
Tue, 05 Sep 2023€4.0b€4.0b€563.7m10.3x7.1x1x
Thu, 03 Aug 2023€3.6b€3.8b€379.2m9.9x9.5x1x
Sat, 01 Jul 2023€3.7b€3.7b€366.5m10.1x10x1x
Mon, 29 May 2023€4.3b€3.8b€352.5m10.2x12.3x1.1x
Wed, 26 Apr 2023€4.2b€3.6b€223.3m12.4x18.9x1.2x
Fri, 24 Mar 2023€3.4b€3.4b€209.5m12.1x16.1x1x
Sun, 19 Feb 2023€3.2b€3.2b€171.0m11.9x18.8x1x
Tue, 17 Jan 2023€2.9b€3.2b€171.1m11.7x17.1x0.9x
Thu, 15 Dec 2022€2.8b€3.2b€171.1m11.2x16.2x0.9x
Sat, 12 Nov 2022€2.4b€3.1b€223.6m11.2x10.9x0.8x
Mon, 10 Oct 2022€2.3b€3.1b€224.3m9.5x10.5x0.8x
Wed, 07 Sep 2022€2.2b€2.9b€209.8m9.9x10.7x0.8x
Fri, 05 Aug 2022€2.1b€2.9b€173.9m10.2x12.1x0.7x
Sun, 03 Jul 2022€2.9b€2.8b€177.1m9.9x16.1x1x
Tue, 31 May 2022€2.9b€2.8b€152.0m10x19x1x
Thu, 28 Apr 2022€2.9b€2.6b€131.1m8.9x22.2x1.1x
Sat, 26 Mar 2022€2.9b€3.1b€154.6m9.7x18.7x0.9x
Mon, 21 Feb 2022€2.2b€3.0b€94.4m9.2x22.8x0.7x
Wed, 19 Jan 2022€2.0b€3.0b€93.4m9.6x21.9x0.7x
Fri, 17 Dec 2021€2.9b€3.1b€110.4m9x26.2x0.9x
Sun, 14 Nov 2021€2.9b€3.1b€124.8m8.9x23.2x0.9x
Tue, 12 Oct 2021€2.9b€3.1b€118.4m8.8x24.8x1x
Thu, 09 Sep 2021€3.0b€2.9b€158.2m8.8x18.7x1x
Sat, 07 Aug 2021€3.0b€2.5b€163.3m9.4x18.5x1.2x
Price to Earnings Ratio

42x


Total Market Cap: €2.9bTotal Earnings: €69.2mTotal Revenue: €2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Cypriot Market Price to Earnings3Y Average 14.8x202220232024
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 4.6x which is lower than its 3-year average PE of 14.8x.
Past Earnings Growth
  • The earnings for Cypriot listed companies have grown 167% 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 Market4.55%
Tech11.11%
Financials5.08%
Materials2.01%
Real Estate0.45%
Consumer Discretionary0.39%
Consumer Staples0.25%
Industrials0%
Telecom0%
Utilities0%
Energy-1.22%
Healthcare-1.46%
Sector PE
  • Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 31.0x.
    • 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 13.4x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Financials sector.
  • They expect its earnings to decline by only 15% 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 166% per year.
  • In contrast, the Financials sector is expected to see its earnings decline by 15% 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
BOCH Bank of Cyprus Holdings€4.608.0%
+€150.6m
74.9%PB0.8xFinancials
HB Hellenic Bank€2.686.8%
+€70.2m
48.9%PB0.7xFinancials
LOG Logicom€3.4011.1%
+€25.2m
54.5%PE5.7xTech
CCC Cyprus Cement€0.837.8%
+€8.2m
31.7%PE18.7xMaterials
DEM Demetra Holdings€0.992.7%
+€5.2m
103.3%PE2.3xFinancials
See more
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Latest News

CBH

€0.09

Constantinou Bros Hotels

7D

-9.1%

1Y

0%

BOCH

€4.60

Bank of Cyprus Holdings

7D

8.0%

1Y

74.9%

INF

€0.036

Interfund Investments

7D

-8.9%

1Y

-42.9%

PHL

€0.81

Petrolina (Holdings)

7D

-1.2%

1Y

-27.7%

CCC

€0.83

Cyprus Cement

7D

7.8%

1Y

31.7%

LPL

€0.12

Lordos United

7D

-0.8%

1Y

36.0%

KG

€0.27

K + G Complex

7D

8.1%

1Y

-14.6%

LHH

€0.84

Lordos Hotels (Holdings)

7D

5.0%

1Y

5.0%

DEM

€0.99

Demetra Holdings

7D

2.7%

1Y

103.3%

HB

€2.68

Hellenic Bank

7D

6.8%

1Y

48.9%

PND

€0.069

Pandora Investments

7D

-6.8%

1Y

-17.9%

WEALTH

€0.44

Wealthavenue

7D

-0.9%

1Y

4.7%