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Latvian (OMX) Market Analysis & Valuation
UpdatedSep 02, 2025
DataAggregated Company Financials
Companies10
- 7D1.2%
- 3M4.2%
- 1Y-2.2%
- YTD2.0%
The market has climbed by 1.2% over the past week, with every sector up and the Consumer Staples sector leading the way. The market has been flat overall in the last year.
Market Valuation and Performance
Has the Latvian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 02 Sep 2025 | €342.9m | €575.8m | €16.0m | 13x | 21.5x | 0.6x |
| Thu, 31 Jul 2025 | €338.7m | €565.8m | €16.1m | 12.2x | 21.1x | 0.6x |
| Sat, 28 Jun 2025 | €331.9m | €565.8m | €16.1m | 12.3x | 20.6x | 0.6x |
| Mon, 26 May 2025 | €322.4m | €568.7m | €15.1m | 13.8x | 21.3x | 0.6x |
| Wed, 23 Apr 2025 | €316.3m | €567.7m | €17.2m | 12.1x | 18.4x | 0.6x |
| Fri, 21 Mar 2025 | €323.8m | €556.7m | €16.1m | 12.6x | 20.1x | 0.6x |
| Sun, 16 Feb 2025 | €322.0m | €546.9m | €17.3m | 12.2x | 18.6x | 0.6x |
| Tue, 14 Jan 2025 | €328.2m | €548.8m | €17.6m | 12.4x | 18.7x | 0.6x |
| Thu, 12 Dec 2024 | €325.9m | €562.0m | €19.3m | 12.5x | 16.9x | 0.6x |
| Sat, 09 Nov 2024 | €327.0m | €567.7m | €16.1m | 11.5x | 20.3x | 0.6x |
| Mon, 07 Oct 2024 | €324.7m | €557.8m | €17.1m | 11.7x | 19x | 0.6x |
| Wed, 04 Sep 2024 | €325.3m | €557.8m | €17.1m | 11.2x | 19.1x | 0.6x |
| Fri, 02 Aug 2024 | €476.5m | €650.7m | -€39,055,451.00 | 12.8x | -12.2x | 0.7x |
| Sun, 30 Jun 2024 | €613.6m | €650.7m | -€39,055,451.00 | 13.7x | -15.7x | 0.9x |
| Tue, 28 May 2024 | €661.2m | €654.3m | -€40,130,561.00 | 13.2x | -16.5x | 1x |
| Thu, 25 Apr 2024 | €710.4m | €702.0m | -€41,580,062.00 | 13.5x | -17.1x | 1x |
| Sat, 23 Mar 2024 | €723.5m | €702.0m | -€41,524,092.00 | 14x | -17.4x | 1x |
| Mon, 19 Feb 2024 | €730.3m | €848.2m | €6.0m | 14.6x | 120.9x | 0.9x |
| Wed, 17 Jan 2024 | €758.2m | €878.6m | €3.0m | 15.2x | 251.1x | 0.9x |
| Fri, 15 Dec 2023 | €741.1m | €878.6m | €3.0m | 14.9x | 245.4x | 0.8x |
| Sun, 12 Nov 2023 | €756.6m | €1.0b | €41.2m | 17.3x | 18.4x | 0.7x |
| Tue, 10 Oct 2023 | €717.4m | €1.0b | €43.6m | 13.1x | 16.5x | 0.7x |
| Thu, 07 Sep 2023 | €733.4m | €1.0b | €43.6m | 12.8x | 16.8x | 0.7x |
| Sat, 05 Aug 2023 | €872.1m | €1.1b | €56.1m | 12.1x | 15.5x | 0.8x |
| Mon, 03 Jul 2023 | €787.4m | €1.1b | €56.1m | 11x | 14x | 0.7x |
| Wed, 31 May 2023 | €722.6m | €1.1b | €58.4m | 10.1x | 12.4x | 0.7x |
| Fri, 28 Apr 2023 | €648.0m | €1.3b | €122.6m | 11.3x | 5.3x | 0.5x |
| Sun, 26 Mar 2023 | €662.1m | €1.3b | €122.5m | 11.4x | 5.4x | 0.5x |
| Tue, 21 Feb 2023 | €745.0m | €1.4b | €294.6m | 11.6x | 2.5x | 0.5x |
| Thu, 19 Jan 2023 | €742.1m | €1.4b | €294.5m | 11.5x | 2.5x | 0.5x |
| Sat, 17 Dec 2022 | €724.0m | €1.4b | €294.5m | 11.5x | 2.5x | 0.5x |
| Mon, 14 Nov 2022 | €694.2m | €1.3b | €113.7m | 6.9x | 6.1x | 0.5x |
| Wed, 12 Oct 2022 | €690.1m | €1.3b | €113.5m | 6.8x | 6.1x | 0.5x |
| Fri, 09 Sep 2022 | €707.5m | €1.3b | €113.5m | 7.1x | 6.2x | 0.5x |
Price to Earnings Ratio
6.2x
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 21.5x which is lower than its 3-year average PE of 27.9x.
Past Earnings Growth
- The earnings for companies in the Latvian industry have declined 48% per year over the last three years.
- Revenues have also declined 25% 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 Market | 1.21% | |
| Industrials | 2.50% | |
| Financials | 1.24% | |
| Consumer Staples | 1.23% | |
| Tech | 1.05% | |
| Consumer Discretionary | 1.04% | |
| Real Estate | 0% | 0 |
| Materials | 0% | 0 |
| Healthcare | 0% | 0 |
| Utilities | 0% | 0 |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 10.6x.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| IDX1R IPAS Indexo | €10.10 | 2.4% +€1.3m | -24.1% | PS10.8x | Financials | |
| KALVE AS Kalve Coffee | €12.65 | 6.3% +€895.3k | n/a | PE334.4x | Consumer Staples | |
| VIRSI AS Virsi-A | €3.90 | 1.0% +€605.8k | -3.0% | PE14.3x | Consumer Discretionary | |
| EGG AS APF Holdings | €4.96 | 2.1% +€572.8k | 24.9% | PE13x | Consumer Staples | |
| MDARA AS MADARA Cosmetics | €12.80 | 0.8% +€378.3k | 1.6% | PE8.9x | Consumer Staples |
