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Cypriot (CYSMMAPA) Financials Sector Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies18
- 7D2.3%
- 3M17.3%
- 1Y77.4%
- YTD5.4%
The Financials industry is up 1.9% in the last week, with Bank of Cyprus Holdings up 8.4%. In the last 12 months, the industry was up 76%. As for the next few years, earnings are forecast to decline by 14% per annum.
Sector Valuation and Performance
Has the Cypriot Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | €6.6b | €1.9b | €1.3b | 5x | 5x | 3.4x |
| Thu, 19 Dec 2024 | €6.1b | €1.9b | €1.3b | 5.2x | 4.6x | 3.2x |
| Sat, 16 Nov 2024 | €5.8b | €1.9b | €1.4b | 4.8x | 4.3x | 3x |
| Mon, 14 Oct 2024 | €5.6b | €1.9b | €1.3b | 4.5x | 4.1x | 2.9x |
| Wed, 11 Sep 2024 | €4.0b | €1.9b | €1.0b | 5.4x | 3.8x | 2.1x |
| Fri, 09 Aug 2024 | €4.6b | €1.9b | €1.2b | 5.9x | 3.8x | 2.5x |
| Sun, 07 Jul 2024 | €4.6b | €1.9b | €1.2b | 6.1x | 3.8x | 2.5x |
| Tue, 04 Jun 2024 | €4.6b | €1.9b | €1.2b | 5.4x | 3.8x | 2.5x |
| Thu, 02 May 2024 | €2.9b | €1.8b | €940.9m | 3.2x | 3.1x | 1.6x |
| Sat, 30 Mar 2024 | €2.9b | €1.8b | €934.5m | 4.3x | 3.1x | 1.7x |
| Mon, 26 Feb 2024 | €3.9b | €1.7b | €754.3m | 4.6x | 5.2x | 2.3x |
| Wed, 24 Jan 2024 | €3.9b | €1.7b | €698.1m | 6.4x | 5.6x | 2.3x |
| Fri, 22 Dec 2023 | €2.8b | €1.7b | €668.8m | 5.3x | 4.2x | 1.7x |
| Sun, 19 Nov 2023 | €2.5b | €1.6b | €591.4m | 5.7x | 4.3x | 1.6x |
| Tue, 17 Oct 2023 | €2.5b | €1.5b | €401.5m | 5.2x | 6.3x | 1.7x |
| Thu, 14 Sep 2023 | €2.6b | €1.5b | €397.2m | 10.6x | 6.5x | 1.7x |
| Sat, 12 Aug 2023 | €2.5b | €1.4b | €324.5m | 10.6x | 7.7x | 1.8x |
| Mon, 10 Jul 2023 | €2.4b | €1.3b | €215.6m | 11.3x | 11.1x | 1.9x |
| Wed, 07 Jun 2023 | €2.2b | €1.3b | €188.4m | 11.3x | 11.8x | 1.8x |
| Fri, 05 May 2023 | €2.1b | €1.2b | €109.6m | 14.9x | 19.1x | 1.8x |
| Sun, 02 Apr 2023 | €2.1b | €1.2b | €110.3m | 16.3x | 18.9x | 1.8x |
| Tue, 28 Feb 2023 | €2.3b | €1.1b | €138.4m | 15.9x | 17x | 2.2x |
| Thu, 26 Jan 2023 | €1.7b | €987.1m | €68.3m | 12.5x | 25.6x | 1.8x |
| Sat, 24 Dec 2022 | €1.6b | €987.1m | €68.3m | 11.7x | 23.6x | 1.6x |
| Mon, 21 Nov 2022 | €1.3b | €1.0b | €43.6m | 14.2x | 30.5x | 1.3x |
| Wed, 19 Oct 2022 | €1.2b | €994.9m | €121.6m | 8.7x | 10x | 1.2x |
| Fri, 16 Sep 2022 | €1.2b | €996.2m | €119.2m | 9.4x | 10.2x | 1.2x |
| Sun, 14 Aug 2022 | €1.1b | €974.8m | €88.1m | 10.7x | 12.3x | 1.1x |
| Tue, 12 Jul 2022 | €1.0b | €974.8m | €88.1m | 9.4x | 11.5x | 1x |
| Thu, 09 Jun 2022 | €2.0b | €951.6m | €71.2m | 9.9x | 27.6x | 2.1x |
| Sat, 07 May 2022 | €1.9b | €935.4m | €67.4m | 9.6x | 27.6x | 2x |
| Mon, 04 Apr 2022 | €1.8b | €995.6m | €108.6m | 9.8x | 16.9x | 1.8x |
| Wed, 02 Mar 2022 | €1.0b | €982.1m | €108.6m | 9.8x | 9.3x | 1x |
| Fri, 28 Jan 2022 | €1.1b | €921.8m | €48.8m | 10.1x | 22.7x | 1.2x |
Price to Earnings Ratio
22.7x
Current Industry PE
- Investors are pessimistic on the Cypriot Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 4.9x which is lower than its 3-year average PE of 11.5x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 202% per year over the last three years.
- Revenues for these companies have grown 28% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Cypriot Financials sector?
| CY Market | 2.28% | |
| Financials | 2.29% | |
| Banks | 4.24% | |
| Mortgage Finance | 0% | 0 |
| Mortgage REITs | 0% | 0 |
| Diversified Financial | 0% | 0 |
| Consumer Finance | 0% | 0 |
| Capital Markets | -0.80% | |
| Insurance | -3.62% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry, which is trading close to its 3-year average PE ratio of 12.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 36.2x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 14% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 81% per year.
- In contrast, the Banks industry is expected to see its earnings decline by 14% 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 | |
|---|---|---|---|---|---|
| BOCH Bank of Cyprus Holdings | €5.06 | 6.3% +€132.2m | 49.3% | PB0.8x | |
| COS Cosmos Insurance Company | €0.23 | 20.0% +€2.1m | 210.2% | PE4.8x | |
| AIAS Aias Investment | €0.065 | 19.4% +€852.6k | n/a | PS10.1x | |
| WEALTH Wealthavenue | €0.50 | 4.2% +€683.4k | 8.7% | n/a | |
| MINE Minerva Insurance Company | €0.021 | 10.5% +€656.2k | 40.0% | PE2.6x |