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Cypriot (CYSMMAPA) Financials Sector Analysis
UpdatedSep 19, 2024
DataAggregated Company Financials
Companies16
- 7D-1.5%
- 3M16.9%
- 1Y55.6%
- YTD44.6%
Over the last 7 days, the Financials industry has dropped 1.5%, driven by Bank of Cyprus Holdings declining 1.6%. This takes the industry's 12 month performance to a gain of 56%. In the next few years, earnings are forecast to decline by 13% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 19 Sep 2024 | €3.9b | €1.9b | €1.0b | 5.4x | 3.7x | 2.1x |
| Sat, 17 Aug 2024 | €4.8b | €1.9b | €1.2b | 5.9x | 3.8x | 2.5x |
| Mon, 15 Jul 2024 | €4.7b | €1.9b | €1.2b | 6.1x | 3.8x | 2.5x |
| Wed, 12 Jun 2024 | €4.6b | €1.9b | €1.2b | 6.4x | 3.8x | 2.5x |
| Fri, 10 May 2024 | €3.1b | €1.8b | €940.9m | 4.6x | 3.3x | 1.7x |
| Sun, 07 Apr 2024 | €2.9b | €1.8b | €935.2m | 3.8x | 3.1x | 1.7x |
| Tue, 05 Mar 2024 | €4.0b | €1.8b | €963.8m | 4.5x | 4.2x | 2.3x |
| Thu, 01 Feb 2024 | €3.9b | €1.7b | €698.1m | 6x | 5.6x | 2.3x |
| Sat, 30 Dec 2023 | €3.0b | €1.7b | €668.8m | 5.3x | 4.5x | 1.8x |
| Mon, 27 Nov 2023 | €2.6b | €1.7b | €668.8m | 5.2x | 3.9x | 1.6x |
| Wed, 25 Oct 2023 | €2.5b | €1.5b | €401.5m | 5.2x | 6.3x | 1.7x |
| Fri, 22 Sep 2023 | €2.6b | €1.5b | €397.2m | 10.6x | 6.5x | 1.7x |
| Sun, 20 Aug 2023 | €2.5b | €1.4b | €324.5m | 10.6x | 7.8x | 1.8x |
| Tue, 18 Jul 2023 | €2.4b | €1.3b | €215.6m | 11.6x | 11x | 1.8x |
| Thu, 15 Jun 2023 | €2.4b | €1.3b | €188.7m | 10.8x | 12.7x | 1.9x |
| Sat, 13 May 2023 | €2.2b | €1.2b | €110.9m | 12.7x | 19.5x | 1.9x |
| Mon, 10 Apr 2023 | €2.1b | €1.2b | €110.3m | 16.3x | 19.1x | 1.8x |
| Wed, 08 Mar 2023 | €2.2b | €1.2b | €119.3m | 16.9x | 18.5x | 1.9x |
| Fri, 03 Feb 2023 | €1.8b | €987.1m | €68.3m | 12.8x | 26.6x | 1.8x |
| Sun, 01 Jan 2023 | €1.6b | €987.1m | €68.3m | 11.8x | 23.6x | 1.6x |
| Tue, 29 Nov 2022 | €1.6b | €1.0b | €43.6m | 17x | 35.7x | 1.5x |
| Thu, 27 Oct 2022 | €1.3b | €994.9m | €121.6m | 8.7x | 10.4x | 1.3x |
| Sat, 24 Sep 2022 | €1.2b | €988.9m | €123.3m | 8.3x | 10.1x | 1.3x |
| Mon, 22 Aug 2022 | €1.1b | €974.8m | €88.1m | 10.7x | 13x | 1.2x |
| Wed, 20 Jul 2022 | €1.0b | €974.8m | €88.1m | 9.3x | 11.4x | 1x |
| Fri, 17 Jun 2022 | €2.0b | €974.8m | €88.1m | 9.7x | 22.3x | 2x |
| Sun, 15 May 2022 | €1.9b | €930.6m | €57.1m | 9.7x | 32.6x | 2x |
| Tue, 12 Apr 2022 | €1.8b | €988.2m | €108.3m | 9.8x | 17x | 1.9x |
| Thu, 10 Mar 2022 | €956.1m | €982.1m | €108.6m | 9.6x | 8.8x | 1x |
| Sat, 05 Feb 2022 | €1.1b | €922.0m | €48.5m | 10.1x | 22.1x | 1.2x |
| Mon, 03 Jan 2022 | €1.1b | €921.8m | €48.8m | 8.4x | 22.1x | 1.2x |
| Wed, 01 Dec 2021 | €1.1b | €900.3m | €61.2m | 6.3x | 17.3x | 1.2x |
| Fri, 29 Oct 2021 | €1.0b | €900.3m | €61.2m | 6.3x | 16.9x | 1.1x |
| Sun, 26 Sep 2021 | €1.0b | €883.7m | €52.9m | 5.7x | 19.4x | 1.2x |
Price to Earnings Ratio
19.4x
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 3.7x which is lower than its 3-year average PE of 13.2x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 170% per year over the last three years.
- Revenues for these companies have grown 29% 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 | -1.13% | |
| Financials | -1.47% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Insurance | 0% | |
| Capital Markets | -0.72% | |
| Banks | -1.58% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry even though it's trading below its 3-year average PE ratio of 12.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Capital Markets industry, which is trading below its 3-year average of 20.8x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 13% 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 188% per year.
- In contrast, the Banks industry is expected to see its earnings decline by 13% 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 | |
|---|---|---|---|---|---|
| HB Hellenic Bank | €3.43 | 0.6% +€8.3m | 52.4% | PB0.8x | |
| ATL Atlantic Insurance Company | €2.26 | 0.9% +€778.9k | 32.9% | PE6.9x | |
| WEALTH Wealthavenue | €0.48 | 0.4% +€68.3k | 12.1% | n/a |