Cypriot (CYSMMAPA) Financials Sector Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies19
- 7D1.4%
- 3M8.9%
- 1Y111.4%
- YTD60.4%
In the last week, the Financials industry is up 1.7%, with Bank of Cyprus Holdings up 3.4%. This takes the industry's 12 month performance to a gain of 113%. Earnings are forecast to grow by 4.6% 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 |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | €2.6b | €1.5b | €397.2m | 10.6x | 6.6x | 1.8x |
| Thu, 24 Aug 2023 | €2.6b | €1.4b | €324.5m | 10.6x | 8.1x | 1.9x |
| Sat, 22 Jul 2023 | €2.4b | €1.3b | €215.6m | 11.7x | 10.9x | 1.8x |
| Mon, 19 Jun 2023 | €2.4b | €1.3b | €188.7m | 10.8x | 12.9x | 1.9x |
| Wed, 17 May 2023 | €2.2b | €1.3b | €188.4m | 11.1x | 11.7x | 1.8x |
| Fri, 14 Apr 2023 | €2.1b | €1.2b | €109.9m | 11.6x | 19.2x | 1.8x |
| Sun, 12 Mar 2023 | €2.2b | €1.2b | €110.3m | 16.4x | 19.7x | 1.9x |
| Tue, 07 Feb 2023 | €1.8b | €987.1m | €68.3m | 12.6x | 26.3x | 1.8x |
| Thu, 05 Jan 2023 | €1.6b | €987.1m | €68.3m | 11.9x | 23.9x | 1.7x |
| Sat, 03 Dec 2022 | €1.6b | €1.0b | €64.2m | 11x | 25.3x | 1.6x |
| Mon, 31 Oct 2022 | €1.3b | €994.9m | €121.6m | 8.8x | 10.4x | 1.3x |
| Wed, 28 Sep 2022 | €1.2b | €1.0b | €145.2m | 8.2x | 8.3x | 1.2x |
| Fri, 26 Aug 2022 | €1.2b | €974.8m | €88.1m | 10.9x | 13.6x | 1.2x |
| Sun, 24 Jul 2022 | €1.0b | €974.8m | €88.1m | 9.5x | 11.7x | 1.1x |
| Tue, 21 Jun 2022 | €1.9b | €974.8m | €88.1m | 9.9x | 21.8x | 2x |
| Thu, 19 May 2022 | €1.9b | €931.7m | €57.6m | 11.3x | 32.2x | 2x |
| Sat, 16 Apr 2022 | €1.9b | €952.1m | €107.8m | 9.5x | 17.2x | 1.9x |
| Mon, 14 Mar 2022 | €1.8b | €982.1m | €108.6m | 9.6x | 16.5x | 1.8x |
| Wed, 09 Feb 2022 | €1.1b | €922.0m | €48.5m | 10.1x | 22.1x | 1.2x |
| Fri, 07 Jan 2022 | €1.1b | €921.8m | €48.8m | 10.1x | 21.7x | 1.1x |
| Sun, 05 Dec 2021 | €1.0b | €921.8m | €48.8m | 8.8x | 21.2x | 1.1x |
| Tue, 02 Nov 2021 | €1.0b | €900.3m | €61.2m | 6.2x | 16.7x | 1.1x |
| Thu, 30 Sep 2021 | €1.0b | €886.2m | €52.3m | 6x | 19.9x | 1.2x |
| Sat, 28 Aug 2021 | €1.1b | €880.7m | €56.5m | 5.6x | 20x | 1.3x |
| Sun, 04 Jul 2021 | €1.0b | €880.7m | €56.5m | 5.3x | 18.3x | 1.2x |
| Wed, 07 Apr 2021 | €933.1m | €798.6m | -€35,779,373.00 | 5.2x | -26.1x | 1.2x |
| Sat, 09 Jan 2021 | €862.1m | €756.0m | -€91,218,661.00 | 9x | -9.5x | 1.1x |
| Fri, 02 Oct 2020 | €632.4m | €733.0m | -€98,656,639.00 | 4.2x | -6.4x | 0.9x |
Price to Earnings Ratio
-6.4x
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 6.6x which is lower than its 3-year average PE of 9.6x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- Total earnings for the Financials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 27% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Cypriot Financials sector?
| CY Market | 0.68% | |
| Financials | 1.42% | |
| Banks | 1.79% | |
| Insurance | 0.26% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Capital Markets | -2.22% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 9.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 4.6% over the next 5 years.
- In contrast, the Banks industry is expected to see its earnings grow by 4.6% 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 | |
|---|---|---|---|---|---|
| BOCH Bank of Cyprus Holdings | €3.08 | 3.4% +€44.6m | 121.6% | PB0.6x | |
| ATL Atlantic Insurance Company | €1.70 | 0.6% +€389.4k | 6.3% | PE11.9x | |
| LI LCP Holdings and investments | €0.087 | 0.6% +€12.8k | -3.3% | PB0.7x |