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Latvian (OMX) Market Analysis & Valuation

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies10
  • 7D0.6%
  • 3M3.6%
  • 1Y-5.1%
  • YTD0.4%

In the last week, the market has been flat, with a notable exception in the Industrials sector dropping 6.4%. The past year hasn't been profitable, with the market dropping 5.1%.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025€332.6m€565.8m€16.1m12.2x20.7x0.6x
Tue, 03 Jun 2025€328.3m€568.5m€15.1m13.8x21.7x0.6x
Thu, 01 May 2025€315.0m€567.7m€17.1m12.3x18.5x0.6x
Sat, 29 Mar 2025€322.5m€556.7m€16.1m12.5x20x0.6x
Mon, 24 Feb 2025€319.6m€546.9m€17.3m12.1x18.5x0.6x
Wed, 22 Jan 2025€326.1m€548.8m€17.6m12.5x18.6x0.6x
Fri, 20 Dec 2024€322.1m€562.0m€19.3m12.9x16.7x0.6x
Sun, 17 Nov 2024€324.7m€561.9m€18.4m11.4x17.7x0.6x
Tue, 15 Oct 2024€328.0m€557.8m€17.1m11.9x19.2x0.6x
Thu, 12 Sep 2024€322.0m€557.8m€17.1m11.4x18.9x0.6x
Sat, 10 Aug 2024€471.6m€675.2m-€40,374,652.0014.5x-11.7x0.7x
Mon, 08 Jul 2024€513.9m€650.7m-€39,055,451.0012.7x-13.2x0.8x
Wed, 05 Jun 2024€667.0m€654.1m-€40,130,561.0013.3x-16.6x1x
Fri, 03 May 2024€700.1m€702.0m-€41,580,062.0013.2x-16.8x1x
Sun, 31 Mar 2024€719.5m€702.0m-€41,524,092.0013.8x-17.3x1x
Tue, 27 Feb 2024€729.6m€848.2m€6.0m14.3x120.8x0.9x
Thu, 25 Jan 2024€753.9m€878.6m€3.0m15x249.7x0.9x
Sat, 23 Dec 2023€735.6m€878.6m€3.0m15x243.6x0.8x
Mon, 20 Nov 2023€751.1m€1.0b€41.3m16.8x18.2x0.7x
Wed, 18 Oct 2023€717.4m€1.0b€43.6m13.1x16.5x0.7x
Fri, 15 Sep 2023€729.8m€1.0b€43.6m13.1x16.8x0.7x
Sun, 13 Aug 2023€726.3m€1.1b€56.0m9.8x13x0.7x
Tue, 11 Jul 2023€796.2m€1.1b€56.1m11.1x14.2x0.7x
Thu, 08 Jun 2023€728.2m€1.1b€56.1m10.1x13x0.7x
Sat, 06 May 2023€660.7m€1.3b€122.5m8.9x5.4x0.5x
Mon, 03 Apr 2023€655.7m€1.3b€122.5m11.4x5.4x0.5x
Wed, 01 Mar 2023€739.6m€1.4b€294.6m11.7x2.5x0.5x
Fri, 27 Jan 2023€739.7m€1.4b€294.5m11.5x2.5x0.5x
Sun, 25 Dec 2022€708.9m€1.4b€294.5m11.5x2.4x0.5x
Tue, 22 Nov 2022€694.4m€1.3b€114.0m6.9x6.1x0.5x
Thu, 20 Oct 2022€679.1m€1.3b€113.5m6.9x6x0.5x
Sat, 17 Sep 2022€711.0m€1.3b€113.5m7x6.3x0.5x
Mon, 15 Aug 2022€733.5m€1.3b€87.6m11.7x8.4x0.6x
Wed, 13 Jul 2022€704.1m€1.2b€84.2m10.7x8.4x0.6x
Price to Earnings Ratio

8.4x


Total Market Cap: €704.1mTotal Earnings: €84.2mTotal Revenue: €1.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Latvian Market Price to Earnings3Y Average 27.2x202320242025
Current Market PE
  • Investors are pessimistic on the Latvian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 20.7x which is lower than its 3-year average PE of 27.2x.
Past Earnings Growth
  • The earnings for companies in the Latvian industry have declined 42% per year over the last three years.
  • Revenues have also declined 23% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Latvian Market?

LV Market0.61%
Consumer Staples1.48%
Tech0.35%
Financials0.26%
Real Estate0%0
Materials0%0
Healthcare0%0
Utilities0%0
Consumer Discretionary-0.25%
Industrials-6.36%
Sector PE
  • Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 29.8x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
MDARA AS MADARA Cosmetics€13.752.6%
+€1.3m
5.8%PE9.6xConsumer Staples
EGG AS APF Holdings€4.921.7%
+€458.2k
26.2%PS2.2xConsumer Staples
BAL1R AS Amber Latvijas balzams€7.950.6%
+€374.8k
-12.6%PE11.7xConsumer Staples
DGR1R DelfinGroup€1.180.7%
+€363.3k
7.7%PE7.2xFinancials
KALVE AS Kalve Coffee€8.680.9%
+€95.5k
n/aPE55.8xConsumer Staples
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