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Irish (ISEQ) Market Analysis & Valuation

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies18
  • 7D1.6%
  • 3M10.6%
  • 1Y19.7%
  • YTD9.0%

Over the last 7 days, the market has risen 1.6%, driven by gains in the Materials and Financials sectors of 6.7% and 3.0%, respectively. In the last year, the market has climbed 20%. As for the next few years, earnings are expected to grow by 6.5% per annum.

Market Valuation and Performance

Has the Irish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024€95.8b€61.2b€8.3b14.3x11.6x1.6x
Thu, 15 Feb 2024€91.2b€61.1b€7.5b11.5x12.2x1.5x
Sat, 13 Jan 2024€85.4b€61.6b€7.7b10.7x11.1x1.4x
Mon, 11 Dec 2023€85.5b€61.7b€7.7b10.6x11.1x1.4x
Wed, 08 Nov 2023€81.3b€61.8b€7.7b9.9x10.6x1.3x
Fri, 06 Oct 2023€82.1b€60.9b€7.3b9.7x11.3x1.3x
Sun, 03 Sep 2023€88.3b€61.0b€7.3b10.5x12x1.4x
Tue, 01 Aug 2023€88.0b€60.8b€6.7b10.4x13.1x1.4x
Thu, 29 Jun 2023€81.7b€59.3b€5.8b12.2x14x1.4x
Sat, 27 May 2023€85.6b€59.2b€5.8b12.9x14.7x1.4x
Mon, 24 Apr 2023€85.0b€58.6b€5.9b12.4x14.4x1.5x
Wed, 22 Mar 2023€84.1b€58.5b€5.9b12.7x14.3x1.4x
Fri, 17 Feb 2023€84.5b€55.6b€6.0b13x14x1.5x
Sun, 15 Jan 2023€82.3b€53.7b€5.7b12.8x14.3x1.5x
Tue, 13 Dec 2022€74.8b€53.7b€5.7b12.4x13x1.4x
Thu, 10 Nov 2022€76.9b€53.7b€5.7b14.1x13.4x1.4x
Sat, 08 Oct 2022€67.8b€51.5b€4.9b13x13.9x1.3x
Mon, 05 Sep 2022€56.2b€43.1b€4.0b17x14.2x1.3x
Wed, 03 Aug 2022€56.5b€41.1b€3.9b19.1x14.5x1.4x
Fri, 01 Jul 2022€52.8b€36.8b€3.0b17.3x17.7x1.4x
Sun, 29 May 2022€64.7b€36.9b€3.0b18.5x21.4x1.8x
Tue, 26 Apr 2022€112.8b€72.1b€6.0b21.5x18.8x1.6x
Thu, 24 Mar 2022€112.5b€71.4b€6.0b15x18.6x1.6x
Sat, 19 Feb 2022€125.0b€66.3b€3.6b25.2x34.3x1.9x
Mon, 17 Jan 2022€128.5b€63.6b€3.1b27.7x41.4x2x
Wed, 15 Dec 2021€122.9b€64.0b€3.1b23.3x39.3x1.9x
Fri, 12 Nov 2021€152.9b€70.5b€3.0b23.2x51.5x2.2x
Sun, 10 Oct 2021€151.4b€69.6b€2.5b22.6x60.4x2.2x
Tue, 07 Sep 2021€159.2b€68.8b€2.5b24x64.9x2.3x
Thu, 05 Aug 2021€151.9b€68.8b€2.5b23.2x61.9x2.2x
Sun, 09 May 2021€145.5b€65.0b€1.3b20.8x115.2x2.2x
Price to Earnings Ratio

116.4x


Total Market Cap: €145.4bTotal Earnings: €1.2bTotal Revenue: €64.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Irish Market Price to Earnings3Y Average 31.4x202220232024
Current Market PE
  • Investors are pessimistic on the Irish market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 11.6x which is lower than its 3-year average PE of 31.4x.
Past Earnings Growth
  • The earnings for Irish listed companies have grown 88% 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 Irish Market?

IE Market1.61%
Materials6.66%
Financials2.98%
Consumer Discretionary2.41%
Consumer Staples1.54%
Real Estate1.31%
Energy0%
Tech0%
Telecom0%
Industrials-0.31%
Utilities-1.69%
Healthcare-2.86%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 22.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 11.2% which is higher than its past year's earnings decline of 1.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 126% over the next 5 years.
  • In contrast, the Financials sector is expected to see its earnings decline by 4.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
A5G AIB Group€4.785.2%
+€623.3m
27.4%PB0.8xFinancials
SK3 Smurfit Kappa Group€41.395.6%
+€559.5m
25.2%PE14.2xMaterials
RYA Ryanair Holdings€20.571.3%
+€296.4m
43.1%PE11.5xIndustrials
BIRG Bank of Ireland Group€8.922.6%
+€236.5m
-3.6%PB0.8xFinancials
GL9 Glanbia€17.893.5%
+€156.5m
34.8%PE14.7xConsumer Staples
See more
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Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

CORRE

€0.89

Corre Energy B.V

7D

-1.7%

1Y

-76.0%

IRES

€1.01

Irish Residential Properties REIT

7D

1.9%

1Y

3.8%

A5G

€4.78

AIB Group

7D

5.2%

1Y

27.4%

GL9

€17.89

Glanbia

7D

3.5%

1Y

34.8%

GRP

€0.88

Greencoat Renewables

7D

-1.7%

1Y

-19.0%

OIZ

€2.99

Origin Enterprises

7D

9.5%

1Y

-28.7%

EG7

€12.70

FBD Holdings

7D

-0.4%

1Y

-8.6%

RYA

€20.57

Ryanair Holdings

7D

1.3%

1Y

43.1%

PTSB

€1.38

Permanent TSB Group Holdings

7D

-3.5%

1Y

-43.9%

DHG

€4.58

Dalata Hotel Group

7D

4.6%

1Y

8.8%

BIRG

€8.92

Bank of Ireland Group

7D

2.6%

1Y

-3.6%

UPR

€2.68

Uniphar

7D

-3.1%

1Y

-12.4%

KRX

€83.00

Kingspan Group

7D

-0.3%

1Y

37.4%

SK3

€41.39

Smurfit Kappa Group

7D

5.6%

1Y

25.2%