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Irish (ISEQ) Financials Sector Analysis

UpdatedMar 22, 2024
DataAggregated Company Financials
Companies4
  • 7D2.2%
  • 3M12.6%
  • 1Y5.7%
  • YTD11.0%

The Financials industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are forecast to decline by 4.6% per annum.

Sector Valuation and Performance

Has the Irish Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Mar 2024€22.9b€9.6b€3.6b6.6x6.4x2.4x
Sun, 18 Feb 2024€20.9b€8.1b€2.8b5.6x7.5x2.6x
Tue, 16 Jan 2024€20.1b€8.1b€2.8b5.4x7.2x2.5x
Thu, 14 Dec 2023€19.9b€8.1b€2.8b5.3x7.1x2.5x
Sat, 11 Nov 2023€21.3b€8.1b€2.8b5.4x7.6x2.6x
Mon, 09 Oct 2023€21.9b€8.1b€2.8b5.8x7.9x2.7x
Wed, 06 Sep 2023€21.9b€8.1b€2.8b5.9x7.9x2.7x
Fri, 04 Aug 2023€23.1b€7.9b€2.7b7.8x8.5x2.9x
Sun, 02 Jul 2023€21.0b€6.7b€1.8b9.7x11.7x3.1x
Tue, 30 May 2023€21.4b€6.7b€1.8b9.9x11.9x3.2x
Thu, 27 Apr 2023€22.9b€6.7b€1.8b9.9x12.7x3.4x
Sat, 25 Mar 2023€21.0b€6.7b€1.8b9.6x11.7x3.1x
Mon, 20 Feb 2023€22.5b€6.8b€1.7b11.4x12.9x3.3x
Wed, 18 Jan 2023€20.8b€6.8b€1.7b10.6x12x3.1x
Fri, 16 Dec 2022€18.1b€6.8b€1.7b9.1x10.4x2.7x
Sun, 13 Nov 2022€16.5b€6.8b€1.7b8.4x9.5x2.4x
Tue, 11 Oct 2022€16.3b€6.8b€1.7b8.4x9.4x2.4x
Thu, 08 Sep 2022€14.0b€6.8b€1.7b7.3x8x2.1x
Sat, 06 Aug 2022€13.3b€6.8b€1.7b6.8x7.6x2x
Mon, 04 Jul 2022€13.1b€6.5b€1.6b6.5x8.1x2x
Wed, 01 Jun 2022€14.4b€6.5b€1.6b6.8x8.9x2.2x
Fri, 29 Apr 2022€13.0b€6.5b€1.6b6.5x8x2x
Sun, 27 Mar 2022€12.5b€6.5b€1.6b6.2x7.7x1.9x
Tue, 22 Feb 2022€14.8b€5.4b€406.9m19.1x36.3x2.7x
Thu, 20 Jan 2022€14.4b€5.4b€406.9m18.4x35.5x2.7x
Sat, 18 Dec 2021€12.1b€5.4b€406.9m15.2x29.7x2.2x
Mon, 15 Nov 2021€12.6b€5.4b€406.9m15.9x31x2.3x
Wed, 13 Oct 2021€12.9b€5.4b€406.9m15.4x31.7x2.4x
Fri, 10 Sep 2021€12.6b€5.4b€406.9m15.4x31x2.3x
Sun, 08 Aug 2021€12.6b€5.4b€406.9m15.7x31x2.3x
Sat, 01 May 2021€12.7b€4.2b-€648,876,500.0015.2x-19.6x3x
Price to Earnings Ratio

-17.5x


Total Market Cap: €11.4bTotal Earnings: -€648,876,500.00Total Revenue: €4.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Irish Financials Sector Price to Earnings3Y Average 12x202220232024
Current Industry PE
  • Investors are pessimistic on the Irish 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 6.4x which is lower than its 3-year average PE of 12.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
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 32% 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 Irish Financials sector?

IE Market2.31%
Financials2.16%
Banks2.22%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial0%
Consumer Finance0%
Capital Markets0%
Insurance-0.77%
Industry PE
  • Investors are most optimistic about the Insurance industry, which is trading close to its 3-year average PE ratio of 6.8x.
    • Analysts are expecting annual earnings decline of 9.0%, which is lower than the prior year's growth of 20.9% per year.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 12.6x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 4.5% 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 90% per year.
  • In contrast, the Insurance industry is expected to see its earnings decline by 9.0% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BIRG Bank of Ireland Group€9.213.3%
+€314.6m
2.7%PB0.8x
EG7 FBD Holdings€12.850.4%
+€1.8m
-6.2%PE6.6x
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Latest News

PTSB

€1.34

Permanent TSB Group Holdings

7D

-4.0%

1Y

-44.6%

A5G

€4.59

AIB Group

7D

-1.1%

1Y

27.9%

EG7

€12.85

FBD Holdings

7D

0.4%

1Y

-6.2%

BIRG

€9.21

Bank of Ireland Group

7D

3.3%

1Y

2.7%