Ellinas Finance Public Company Limited's (CSE:ELF) Price Is Out Of Tune With Earnings
Feb 14
Have your own idea? Try our Stock Screener
Cypriot (CYSMMAPA) Market Analysis & Valuation
UpdatedMar 09, 2026
DataAggregated Company Financials
Companies45
- 7D-4.5%
- 3M6.3%
- 1Y40.1%
- YTD2.4%
Over the last 7 days, the market has dropped 4.5%, driven by a pullback of 4.8% in the Financials sector. As for the longer term, the market has actually risen by 40% in the last year. Looking forward, earnings are forecast to decline by 2.6% per year.
Market Valuation and Performance
Has the Cypriot Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 10 Mar 2026 | €5.6b | €3.7b | €773.7m | 7.9x | 7.2x | 1.5x |
| Thu, 05 Feb 2026 | €9.0b | €3.7b | €1.0b | 9.1x | 8.7x | 2.4x |
| Sat, 03 Jan 2026 | €8.3b | €3.4b | €1.0b | 8.9x | 8.1x | 2.4x |
| Mon, 01 Dec 2025 | €8.1b | €3.4b | €1.0b | 8.8x | 7.8x | 2.4x |
| Wed, 29 Oct 2025 | €8.2b | €3.4b | €1.1b | 9.1x | 7.8x | 2.4x |
| Fri, 26 Sep 2025 | €5.6b | €3.3b | €756.2m | 8.4x | 7.4x | 1.7x |
| Sun, 24 Aug 2025 | €5.5b | €3.3b | €755.5m | 9.4x | 7.3x | 1.7x |
| Tue, 22 Jul 2025 | €7.3b | €3.4b | €1.2b | 7.8x | 6.2x | 2.2x |
| Thu, 19 Jun 2025 | €7.0b | €3.4b | €1.2b | 7.9x | 6x | 2.1x |
| Sat, 17 May 2025 | €7.2b | €3.5b | €1.2b | 7.1x | 6.1x | 2x |
| Mon, 14 Apr 2025 | €8.1b | €4.0b | €1.4b | 7.2x | 5.9x | 2x |
| Wed, 12 Mar 2025 | €8.0b | €4.0b | €1.4b | 7.7x | 5.8x | 2x |
| Fri, 07 Feb 2025 | €7.9b | €4.1b | €1.4b | 7.5x | 5.5x | 1.9x |
| Sun, 05 Jan 2025 | €7.7b | €4.2b | €1.4b | 7.7x | 5.3x | 1.9x |
| Tue, 03 Dec 2024 | €7.3b | €4.6b | €1.5b | 7.2x | 4.9x | 1.6x |
| Thu, 31 Oct 2024 | €6.8b | €4.6b | €1.5b | 7.2x | 4.6x | 1.5x |
| Sat, 28 Sep 2024 | €5.4b | €4.7b | €1.2b | 7.1x | 4.6x | 1.1x |
| Mon, 26 Aug 2024 | €6.4b | €4.7b | €1.4b | 6.9x | 4.7x | 1.3x |
| Wed, 24 Jul 2024 | €6.0b | €4.7b | €1.4b | 6.7x | 4.4x | 1.3x |
| Fri, 21 Jun 2024 | €5.9b | €4.6b | €1.4b | 6.6x | 4.3x | 1.3x |
| Sun, 19 May 2024 | €5.7b | €4.5b | €1.3b | 6.5x | 4.4x | 1.3x |
| Tue, 16 Apr 2024 | €4.1b | €4.6b | €1.1b | 4.3x | 3.7x | 0.9x |
| Thu, 14 Mar 2024 | €5.2b | €4.6b | €1.1b | 5.7x | 4.6x | 1.1x |
| Sat, 10 Feb 2024 | €5.1b | €4.5b | €886.9m | 5.7x | 5.8x | 1.1x |
| Mon, 08 Jan 2024 | €4.9b | €4.5b | €850.3m | 5.6x | 5.7x | 1.1x |
| Wed, 06 Dec 2023 | €4.5b | €4.2b | €841.8m | 5.9x | 5.4x | 1.1x |
| Fri, 03 Nov 2023 | €4.3b | €3.9b | €565.9m | 6.1x | 7.6x | 1.1x |
| Sun, 01 Oct 2023 | €4.0b | €3.9b | €565.8m | 7.4x | 7x | 1x |
| Tue, 29 Aug 2023 | €4.0b | €3.9b | €487.9m | 10.2x | 8.2x | 1x |
| Thu, 27 Jul 2023 | €3.6b | €3.7b | €371.0m | 10.2x | 9.7x | 1x |
| Sat, 24 Jun 2023 | €4.6b | €3.8b | €354.6m | 10.1x | 12.9x | 1.2x |
| Mon, 22 May 2023 | €4.3b | €3.8b | €352.4m | 10.2x | 12.2x | 1.1x |
| Wed, 19 Apr 2023 | €4.3b | €3.6b | €223.4m | 12x | 19x | 1.2x |
| Fri, 17 Mar 2023 | €3.3b | €3.4b | €209.5m | 11.9x | 15.5x | 1x |
Price to Earnings Ratio
15.5x
Current Market PE
- Investors are relatively neutral on the Cypriot market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 7.1x.
Past Earnings Growth
- The earnings for Cypriot listed companies have grown 55% per year over the last three years.
- Revenues for these companies have grown 2.7% 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 | -4.66% | |
| Energy | 1.52% | |
| Consumer Staples | 0.81% | |
| Industrials | 0% | 0 |
| Healthcare | 0% | 0 |
| Telecom | 0% | 0 |
| Utilities | 0% | 0 |
| Materials | -0.49% | |
| Consumer Discretionary | -0.50% | |
| Tech | -5.06% | |
| Real Estate | -5.37% | |
| Financials | -5.68% | |
Sector PE
- Investors favour the Real Estate sector the most for future growth which is trading above its 3-year average PE ratio.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Tech sector is the least preferred by investors for future growth, which is trading below its 3-year average of 5.9x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Financials sector.
- They expect its earnings to decline by only 2.6% 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 48% per year.
- In contrast, the Financials sector is expected to see its earnings decline by 2.6% 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 | |
|---|---|---|---|---|---|---|
| KEO KEO | €2.46 | 5.1% +€5.1m | 6.0% | PE9.7x | Consumer Staples | |
| VCW Vassiliko Cement Works | €4.50 | 0.9% +€2.9m | 19.0% | PE9.6x | Materials | |
| PHL Petrolina (Holdings) | €1.18 | 1.7% +€1.8m | 23.6% | PE16.1x | Energy | |
| LUI Louis | €0.11 | 2.8% +€1.4m | 127.1% | PE8x | Consumer Discretionary | |
| CTC Cyprus Trading | €0.25 | 4.2% +€932.4k | -11.3% | PE2.1x | Consumer Discretionary |
