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Latvian (OMX) Market Analysis & Valuation

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies10
  • 7D2.9%
  • 3M3.4%
  • 1Y-0.5%
  • YTD1.4%

Over the last 7 days, the market has risen 2.9%, driven by gains of 4.1% in the Consumer Staples sector. As for last year, the market performance has been flat.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026€388.5m€575.6m€9.4m25.3x41.5x0.7x
Wed, 10 Dec 2025€336.0m€575.6m€9.4m23x35.9x0.6x
Fri, 07 Nov 2025€332.9m€577.4m€10.9m14.3x30.7x0.6x
Sun, 05 Oct 2025€331.4m€577.4m€10.9m14.4x30.5x0.6x
Tue, 02 Sep 2025€342.9m€575.8m€16.0m13x21.5x0.6x
Thu, 31 Jul 2025€338.7m€565.8m€16.1m12.2x21.1x0.6x
Sat, 28 Jun 2025€331.9m€565.8m€16.1m12.3x20.6x0.6x
Mon, 26 May 2025€322.4m€568.7m€15.1m13.8x21.3x0.6x
Wed, 23 Apr 2025€316.3m€567.7m€17.2m12.1x18.4x0.6x
Fri, 21 Mar 2025€323.8m€556.7m€16.1m12.6x20.1x0.6x
Sun, 16 Feb 2025€322.0m€546.9m€17.3m12.2x18.6x0.6x
Tue, 14 Jan 2025€328.2m€548.8m€17.6m12.4x18.7x0.6x
Thu, 12 Dec 2024€325.9m€562.0m€19.3m12.5x16.9x0.6x
Sat, 09 Nov 2024€327.0m€567.7m€16.1m11.5x20.3x0.6x
Mon, 07 Oct 2024€324.7m€557.8m€17.1m11.7x19x0.6x
Wed, 04 Sep 2024€325.3m€557.8m€17.1m11.2x19.1x0.6x
Fri, 02 Aug 2024€476.5m€650.7m-€39,055,451.0012.8x-12.2x0.7x
Sun, 30 Jun 2024€613.6m€650.7m-€39,055,451.0013.7x-15.7x0.9x
Tue, 28 May 2024€661.2m€654.3m-€40,130,561.0013.2x-16.5x1x
Thu, 25 Apr 2024€710.4m€702.0m-€41,580,062.0013.5x-17.1x1x
Sat, 23 Mar 2024€723.5m€702.0m-€41,524,092.0014x-17.4x1x
Mon, 19 Feb 2024€730.3m€848.2m€6.0m14.6x120.9x0.9x
Wed, 17 Jan 2024€758.2m€878.6m€3.0m15.2x251.1x0.9x
Fri, 15 Dec 2023€741.1m€878.6m€3.0m14.9x245.4x0.8x
Sun, 12 Nov 2023€756.6m€1.0b€41.2m17.3x18.4x0.7x
Tue, 10 Oct 2023€717.4m€1.0b€43.6m13.1x16.5x0.7x
Thu, 07 Sep 2023€733.4m€1.0b€43.6m12.8x16.8x0.7x
Sat, 05 Aug 2023€872.1m€1.1b€56.1m12.1x15.5x0.8x
Mon, 03 Jul 2023€787.4m€1.1b€56.1m11x14x0.7x
Wed, 31 May 2023€722.6m€1.1b€58.4m10.1x12.4x0.7x
Fri, 28 Apr 2023€648.0m€1.3b€122.6m11.3x5.3x0.5x
Sun, 26 Mar 2023€662.1m€1.3b€122.5m11.4x5.4x0.5x
Tue, 21 Feb 2023€745.0m€1.4b€294.6m11.6x2.5x0.5x
Thu, 19 Jan 2023€742.1m€1.4b€294.5m11.5x2.5x0.5x
Price to Earnings Ratio

2.5x


Total Market Cap: €742.1mTotal Earnings: €294.5mTotal Revenue: €1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Latvian Market Price to Earnings3Y Average 31.3x202420252026
Current Market PE
  • Investors are optimistic on the Latvian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 41.5x which is higher than its 3-year average PE of 31.3x.
Past Earnings Growth
  • The earnings for companies in the Latvian industry have declined 68% 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 Market2.91%
Tech10.50%
Consumer Discretionary4.91%
Consumer Staples4.13%
Financials0.11%
Real Estate0%0
Materials0%0
Industrials0%0
Healthcare0%0
Utilities0%0
Sector PE
  • Investors favour the Financials sector the most for future growth which is trading above its 3-year average PE ratio.
    • 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
KALVE AS Kalve Coffee€21.4014.1%
+€3.2m
205.3%PE565.6xConsumer Staples
SAF1R SAF Tehnika€7.585.6%
+€1.2m
30.7%PS0.9xTech
MDARA AS MADARA Cosmetics€11.001.9%
+€756.6k
1.4%PE25.3xConsumer Staples
VIRSI AS Virsi-A€4.061.0%
+€605.8k
-2.9%PE14.9xConsumer Discretionary
DGR1R DelfinGroup€1.300.5%
+€272.7k
17.8%PE7.4xFinancials
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