Estonia (OMX) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies28
- 7D-1.8%
- 3M-5.8%
- 1Y2.5%
- YTD-12.3%
Over the last 7 days, the market has dropped 1.8%, driven by a decline of 3.7% in the Financials sector. Although the market performance has been flat over the past year. In the next few years, earnings are forecast to decline by 1.0% annually.
Market Valuation and Performance
Has the Estonia Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | €4.7b | €3.0b | €250.6m | 16x |
| Wed, 20 Apr 2022 | €5.1b | €2.9b | €240.3m | 14.4x |
| Fri, 18 Mar 2022 | €5.0b | €2.8b | €238.0m | 14.3x |
| Sun, 13 Feb 2022 | €5.3b | €2.7b | €122.4m | 17.3x |
| Tue, 11 Jan 2022 | €5.5b | €2.7b | €121.9m | 16.6x |
| Thu, 09 Dec 2021 | €5.2b | €2.7b | €121.9m | 15.9x |
| Sat, 06 Nov 2021 | €5.2b | €2.5b | €66.0m | 16.1x |
| Mon, 04 Oct 2021 | €4.1b | €2.5b | €19.5m | 16.9x |
| Wed, 01 Sep 2021 | €4.2b | €2.5b | €19.9m | 17.2x |
| Thu, 08 Jul 2021 | €3.5b | €2.5b | €19.9m | 14.7x |
| Wed, 31 Mar 2021 | €3.2b | €2.4b | €25.5m | 15.9x |
| Sat, 02 Jan 2021 | €2.9b | €2.5b | €20.5m | 14.7x |
| Tue, 06 Oct 2020 | €2.5b | €2.6b | €29.8m | 14.6x |
| Fri, 10 Jul 2020 | €2.7b | €2.7b | €117.5m | 14.5x |
| Thu, 02 Apr 2020 | €2.2b | €3.0b | €186.1m | 10.1x |
| Sun, 05 Jan 2020 | €2.8b | €3.0b | €190.9m | 12.5x |
| Wed, 09 Oct 2019 | €2.6b | €2.9b | €210.7m | 11.6x |
| Tue, 02 Jul 2019 | €2.7b | €2.9b | €201.6m | 11.4x |
Median PE Ratio
11.8x
Current Market PE
- Investors are relatively neutral on the 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 14.3x.
- Future earnings are expected to decline by 1.0% which could lead to a drop in market valuations.
Past Earnings Growth
- The earnings for Estonian listed companies have grown 9.2% per year over the last three years, while revenues have remained steady.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Sector Trends
Which sectors have driven the changes within the Estonia Market?
| EE Market | -1.77% | |
| Utilities | 0.06% | |
| Energy | 0% | |
| Materials | 0% | |
| Healthcare | 0% | |
| Real Estate | -0.17% | |
| Telecom | -1.13% | |
| Consumer Staples | -1.73% | |
| Industrials | -1.80% | |
| Consumer Discretionary | -1.95% | |
| Tech | -3.12% | |
| Financials | -3.72% | |
Sector PE
- Investors are most optimistic about the Consumer Discretionary sector which is trading above its 3-year average PE ratio of 51.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Industrials sector, which is trading below its 3-year average of 14.3x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings decline of 54% per year.
- In contrast, the Utilities sector is expected to see its earnings decline by 5.3% 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 | |
|---|---|---|---|---|---|---|
| EGR1T Enefit Green | €3.94 | 1.8% +€18.5m | n/a | PS10.5x | Utilities | |
| SFG1T AS Silvano Fashion Group | €0.77 | 7.4% +€1.9m | -53.2% | PS4.3x | Consumer Discretionary | |
| NHCBHFFT Baltic Horizon Fund | €0.92 | 1.7% +€1.8m | -22.3% | PB0.8x | Real Estate | |
| MRK1T AS Merko Ehitus | €15.88 | 0.5% +€1.4m | -0.7% | PS9.8x | Industrials | |
| EEG1T AS Ekspress Grupp | €1.77 | 1.7% +€909.1k | 93.7% | PS13.2x | Telecom |