Header cover image

Latvian (OMX) Market Analysis & Valuation

UpdatedApr 25, 2025
DataAggregated Company Financials
Companies10
  • 7D-0.3%
  • 3M-3.6%
  • 1Y-8.9%
  • YTD-4.2%

The market has stayed flat over the 7 days. Unfortunately though, the market is down 9.2% over the past year.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 25 Apr 2025€314.6m€567.7m€17.2m12.1x18.3x0.6x
Sun, 23 Mar 2025€324.1m€556.7m€16.1m12.5x20.1x0.6x
Tue, 18 Feb 2025€320.7m€546.9m€17.3m12.2x18.6x0.6x
Thu, 16 Jan 2025€329.0m€548.8m€17.6m12.4x18.7x0.6x
Sat, 14 Dec 2024€325.9m€562.0m€19.3m12.8x16.9x0.6x
Mon, 11 Nov 2024€327.0m€567.7m€16.1m11.5x20.3x0.6x
Wed, 09 Oct 2024€325.5m€557.8m€17.1m11.9x19.1x0.6x
Fri, 06 Sep 2024€320.8m€557.8m€17.1m11x18.8x0.6x
Sun, 04 Aug 2024€478.1m€650.7m-€39,055,451.0012.8x-12.2x0.7x
Tue, 02 Jul 2024€613.6m€650.7m-€39,055,451.0012.9x-15.7x0.9x
Thu, 30 May 2024€657.9m€654.3m-€40,130,561.0013.3x-16.4x1x
Sat, 27 Apr 2024€699.7m€702.0m-€41,580,062.0013.4x-16.8x1x
Mon, 25 Mar 2024€723.5m€702.0m-€41,524,092.0014x-17.4x1x
Wed, 21 Feb 2024€728.7m€848.2m€6.0m14.7x120.6x0.9x
Fri, 19 Jan 2024€760.7m€878.6m€3.0m15x251.9x0.9x
Sun, 17 Dec 2023€717.9m€878.6m€3.0m14.9x237.8x0.8x
Tue, 14 Nov 2023€753.5m€1.0b€41.3m17.3x18.3x0.7x
Thu, 12 Oct 2023€719.5m€1.0b€43.6m13x16.5x0.7x
Sat, 09 Sep 2023€727.1m€1.0b€43.6m13x16.7x0.7x
Mon, 07 Aug 2023€864.2m€1.1b€56.1m12.1x15.4x0.8x
Wed, 05 Jul 2023€796.3m€1.1b€56.1m11.2x14.2x0.7x
Fri, 02 Jun 2023€724.3m€1.1b€56.4m10.2x12.8x0.7x
Sun, 30 Apr 2023€653.8m€1.3b€122.6m11.3x5.3x0.5x
Tue, 28 Mar 2023€662.1m€1.3b€122.5m11.4x5.4x0.5x
Thu, 23 Feb 2023€745.6m€1.4b€294.6m11.6x2.5x0.5x
Sat, 21 Jan 2023€742.3m€1.4b€294.5m11.5x2.5x0.5x
Mon, 19 Dec 2022€724.0m€1.4b€294.5m11.5x2.5x0.5x
Wed, 16 Nov 2022€692.7m€1.3b€113.7m6.9x6.1x0.5x
Fri, 14 Oct 2022€690.6m€1.3b€113.5m6.8x6.1x0.5x
Sun, 11 Sep 2022€703.2m€1.3b€113.5m7.1x6.2x0.5x
Tue, 09 Aug 2022€731.8m€1.2b€84.2m11.4x8.7x0.6x
Thu, 07 Jul 2022€708.4m€1.2b€84.2m10.7x8.4x0.6x
Sat, 04 Jun 2022€685.0m€1.2b€84.8m10.2x8.1x0.6x
Mon, 02 May 2022€603.2m€985.9m€32.2m12.8x18.7x0.6x
Price to Earnings Ratio

18.7x


Total Market Cap: €603.2mTotal Earnings: €32.2mTotal Revenue: €985.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Latvian Market Price to Earnings3Y Average 26.7x202320242025
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 18.3x which is lower than its 3-year average PE of 26.7x.
Past Earnings Growth
  • The earnings for companies in the Latvian industry have declined 19% per year over the last three years.
  • Revenues have also declined 17% 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-0.31%
Industrials6.60%
Financials0.36%
Real Estate0%0
Materials0%0
Healthcare0%0
Utilities0%0
Consumer Discretionary-0.25%
Consumer Staples-0.63%
Tech-2.27%
Sector PE
  • Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 24.9x.
    • 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
DGR1R DelfinGroup€1.140.7%
+€363.3k
-6.7%PE7xFinancials
RKB1R AS Rigas kugu buvetava€0.116.6%
+€81.7k
27.0%n/aIndustrials
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

The term ‘ Fiscal Dominance ’ has been popping up more in recent years, thanks to rising U.S. deficits. For the sake of your portfolio, this trend and its consequences are worth knowing about.

Latest News

RKB1R

€0.11

AS Rigas kugu buvetava

7D

6.6%

1Y

27.0%

DGR1R

€1.14

DelfinGroup

7D

0.7%

1Y

-6.7%

EGG

€4.96

AS APF Holdings

7D

-0.8%

1Y

19.8%

KALVE

€8.42

AS Kalve Coffee

7D

-0.9%

1Y

n/a

VIRSI

€4.02

AS Virsi-A

7D

-0.2%

1Y

-3.8%

SAF1R

€6.04

SAF Tehnika

7D

-2.3%

1Y

-2.6%