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Estonia (OMX) Market Analysis & Valuation
UpdatedMar 04, 2025
DataAggregated Company Financials
Companies30
- 7D-1.9%
- 3M10.2%
- 1Y5.4%
- YTD7.7%
Over the last 7 days, the market has dropped 1.9%, driven by a decline of 4.3% in the Utilities sector. In contrast to the last week, the market is actually up 5.4% over the past year. As for the next few years, earnings are expected to grow by 4.3% per annum.
Market Valuation and Performance
Has the Estonia Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Mar 2025 | €5.4b | €5.1b | €587.9m | 12.1x | 9.2x | 1.1x |
| Thu, 30 Jan 2025 | €5.2b | €5.0b | €607.9m | 10.6x | 8.5x | 1x |
| Sat, 28 Dec 2024 | €4.9b | €5.0b | €610.2m | 10.5x | 8.1x | 1x |
| Mon, 25 Nov 2024 | €4.9b | €5.0b | €610.9m | 10.5x | 8.1x | 1x |
| Wed, 23 Oct 2024 | €5.0b | €4.8b | €686.4m | 9.6x | 7.3x | 1x |
| Fri, 20 Sep 2024 | €4.9b | €4.8b | €691.1m | 9.5x | 7x | 1x |
| Sun, 18 Aug 2024 | €4.9b | €4.8b | €689.7m | 9.6x | 7.2x | 1x |
| Tue, 16 Jul 2024 | €5.0b | €4.8b | €731.2m | 11.5x | 6.9x | 1x |
| Thu, 13 Jun 2024 | €5.2b | €4.8b | €734.2m | 11.2x | 7x | 1.1x |
| Sat, 11 May 2024 | €5.2b | €4.8b | €723.3m | 11.9x | 7.2x | 1.1x |
| Mon, 08 Apr 2024 | €5.1b | €4.9b | €715.8m | 10.6x | 7.1x | 1x |
| Wed, 06 Mar 2024 | €5.2b | €4.9b | €719.8m | 11.3x | 7.2x | 1.1x |
| Fri, 02 Feb 2024 | €5.0b | €5.0b | €711.8m | 11x | 7.1x | 1x |
| Sun, 31 Dec 2023 | €5.0b | €5.0b | €709.1m | 10x | 7.1x | 1x |
| Tue, 28 Nov 2023 | €4.5b | €3.8b | €442.7m | 11.7x | 10.1x | 1.2x |
| Thu, 26 Oct 2023 | €4.6b | €3.9b | €453.4m | 10x | 10.1x | 1.2x |
| Sat, 23 Sep 2023 | €4.6b | €3.8b | €415.1m | 11.4x | 11.1x | 1.2x |
| Mon, 21 Aug 2023 | €4.7b | €3.8b | €413.7m | 11.2x | 11.4x | 1.2x |
| Wed, 19 Jul 2023 | €4.8b | €3.7b | €388.3m | 12.2x | 12.4x | 1.3x |
| Fri, 16 Jun 2023 | €4.8b | €3.7b | €386.6m | 12.6x | 12.4x | 1.3x |
| Sun, 14 May 2023 | €4.9b | €3.7b | €383.2m | 13.5x | 12.8x | 1.3x |
| Tue, 11 Apr 2023 | €5.0b | €3.5b | €321.4m | 15x | 15.4x | 1.4x |
| Thu, 09 Mar 2023 | €5.0b | €3.5b | €328.7m | 14.4x | 15.3x | 1.4x |
| Sat, 04 Feb 2023 | €5.0b | €3.4b | €309.6m | 12.7x | 16.1x | 1.5x |
| Mon, 02 Jan 2023 | €4.7b | €3.4b | €311.5m | 12.3x | 15x | 1.4x |
| Wed, 30 Nov 2022 | €4.6b | €3.4b | €312.7m | 12.2x | 14.6x | 1.4x |
| Fri, 28 Oct 2022 | €4.4b | €3.2b | €265.5m | 11.8x | 16.5x | 1.4x |
| Sun, 25 Sep 2022 | €4.5b | €3.2b | €274.7m | 11.3x | 16.3x | 1.4x |
| Tue, 23 Aug 2022 | €4.9b | €3.2b | €280.1m | 11.9x | 17.4x | 1.5x |
| Thu, 21 Jul 2022 | €4.6b | €3.0b | €251.0m | 13.4x | 18.2x | 1.5x |
| Sat, 18 Jun 2022 | €4.5b | €3.0b | €251.3m | 14.9x | 18.1x | 1.5x |
| Mon, 16 May 2022 | €4.8b | €3.0b | €254.1m | 16.4x | 19x | 1.6x |
| Wed, 13 Apr 2022 | €5.2b | €2.8b | €237.7m | 14.2x | 21.7x | 1.8x |
| Fri, 11 Mar 2022 | €4.8b | €2.8b | €238.0m | 13.8x | 20x | 1.7x |
Price to Earnings Ratio
20x
Current Market PE
- Investors are pessimistic on the Estonian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 9.2x which is lower than its 3-year average PE of 12.0x.
Past Earnings Growth
- The earnings for Estonian listed companies have grown 35% per year over the last three years.
- Revenues for these companies have grown 22% 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 Estonia Market?
| EE Market | -1.89% | |
| Real Estate | 1.17% | |
| Consumer Discretionary | 0.46% | |
| Energy | 0% | 0 |
| Materials | 0% | 0 |
| Information Technology | 0% | 0 |
| Financials | 0% | 0 |
| Health Care | 0% | 0 |
| Industrials | 0% | 0 |
| Consumer Staples | -0.46% | |
| Financials | -0.48% | |
| Industrials | -0.70% | |
| Tech | -1.66% | |
| Healthcare | -2.63% | |
| Telecom | -4.06% | |
| Utilities | -4.25% | |
Sector PE
- Investors favour the Tech 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.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 8.6% over the next 5 years.
- This is better than its past earnings decline of 8.9% per year.
- In contrast, the Utilities sector is expected to see its earnings grow by 2.4% 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 | |
|---|---|---|---|---|---|---|
| PKG1T AS Pro Kapital Grupp | €0.98 | 2.1% +€1.1m | 7.7% | PS3.1x | Real Estate | |
| MRK1T AS Merko Ehitus | €25.15 | 0.2% +€885.0k | 57.2% | PE6.9x | Industrials | |
| SFG1T AS Silvano Fashion Group | €1.40 | 1.1% +€540.0k | 23.0% | PE4.1x | Consumer Discretionary | |
| TSM1T AS Tallinna Sadam | €1.19 | 0.2% +€526.0k | 3.8% | PE16.3x | Industrials | |
| HPR1T Hepsor | €4.05 | 0.2% +€38.5k | -42.0% | PE36.9x | Real Estate |
