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Latvian (OMX) Market Analysis & Valuation
UpdatedDec 12, 2025
DataAggregated Company Financials
Companies10
- 7D0.3%
- 3M-2.4%
- 1Y-0.1%
- YTD-0.5%
In the last week, the market has stayed flat, however the Information Technology sector stood out, gaining 3.8%. Similarly, the market is flat for the past 12 months.
Market Valuation and Performance
Has the Latvian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 12 Dec 2025 | €338.0m | €575.6m | €9.4m | 23x | 36.1x | 0.6x |
| Sun, 09 Nov 2025 | €332.5m | €579.1m | €11.4m | 14.2x | 29.2x | 0.6x |
| Tue, 07 Oct 2025 | €331.4m | €577.4m | €10.9m | 14.4x | 30.5x | 0.6x |
| Thu, 04 Sep 2025 | €343.5m | €576.0m | €12.2m | 14.3x | 28.2x | 0.6x |
| Sat, 02 Aug 2025 | €342.2m | €565.8m | €16.1m | 12.1x | 21.3x | 0.6x |
| Mon, 30 Jun 2025 | €331.7m | €565.8m | €16.1m | 12.3x | 20.6x | 0.6x |
| Wed, 28 May 2025 | €322.9m | €568.8m | €15.1m | 13.8x | 21.4x | 0.6x |
| Fri, 25 Apr 2025 | €314.6m | €567.7m | €17.2m | 12.1x | 18.3x | 0.6x |
| Sun, 23 Mar 2025 | €324.1m | €556.7m | €16.1m | 12.5x | 20.1x | 0.6x |
| Tue, 18 Feb 2025 | €320.7m | €546.9m | €17.3m | 12.2x | 18.6x | 0.6x |
| Thu, 16 Jan 2025 | €329.0m | €548.8m | €17.6m | 12.4x | 18.7x | 0.6x |
| Sat, 14 Dec 2024 | €325.9m | €562.0m | €19.3m | 12.8x | 16.9x | 0.6x |
| Mon, 11 Nov 2024 | €327.0m | €567.7m | €16.1m | 11.5x | 20.3x | 0.6x |
| Wed, 09 Oct 2024 | €325.5m | €557.8m | €17.1m | 11.9x | 19.1x | 0.6x |
| Fri, 06 Sep 2024 | €320.8m | €557.8m | €17.1m | 11x | 18.8x | 0.6x |
| Sun, 04 Aug 2024 | €478.1m | €650.7m | -€39,055,451.00 | 12.8x | -12.2x | 0.7x |
| Tue, 02 Jul 2024 | €613.6m | €650.7m | -€39,055,451.00 | 12.9x | -15.7x | 0.9x |
| Thu, 30 May 2024 | €657.9m | €654.3m | -€40,130,561.00 | 13.3x | -16.4x | 1x |
| Sat, 27 Apr 2024 | €699.7m | €702.0m | -€41,580,062.00 | 13.4x | -16.8x | 1x |
| Mon, 25 Mar 2024 | €723.5m | €702.0m | -€41,524,092.00 | 14x | -17.4x | 1x |
| Wed, 21 Feb 2024 | €728.7m | €848.2m | €6.0m | 14.7x | 120.6x | 0.9x |
| Fri, 19 Jan 2024 | €760.7m | €878.6m | €3.0m | 15x | 251.9x | 0.9x |
| Sun, 17 Dec 2023 | €717.9m | €878.6m | €3.0m | 14.9x | 237.8x | 0.8x |
| Tue, 14 Nov 2023 | €753.5m | €1.0b | €41.3m | 17.3x | 18.3x | 0.7x |
| Thu, 12 Oct 2023 | €719.5m | €1.0b | €43.6m | 13x | 16.5x | 0.7x |
| Sat, 09 Sep 2023 | €727.1m | €1.0b | €43.6m | 13x | 16.7x | 0.7x |
| Mon, 07 Aug 2023 | €864.2m | €1.1b | €56.1m | 12.1x | 15.4x | 0.8x |
| Wed, 05 Jul 2023 | €796.3m | €1.1b | €56.1m | 11.2x | 14.2x | 0.7x |
| Fri, 02 Jun 2023 | €724.3m | €1.1b | €56.4m | 10.2x | 12.8x | 0.7x |
| Sun, 30 Apr 2023 | €653.8m | €1.3b | €122.6m | 11.3x | 5.3x | 0.5x |
| Tue, 28 Mar 2023 | €662.1m | €1.3b | €122.5m | 11.4x | 5.4x | 0.5x |
| Thu, 23 Feb 2023 | €745.6m | €1.4b | €294.6m | 11.6x | 2.5x | 0.5x |
| Sat, 21 Jan 2023 | €742.3m | €1.4b | €294.5m | 11.5x | 2.5x | 0.5x |
| Mon, 19 Dec 2022 | €724.0m | €1.4b | €294.5m | 11.5x | 2.5x | 0.5x |
Price to Earnings Ratio
2.5x
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 36.1x which is higher than its 3-year average PE of 30.2x.
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 Market | 0.30% | |
| Tech | 3.77% | |
| Consumer Discretionary | 1.06% | |
| Consumer Staples | 0.60% | |
| Real Estate | 0% | 0 |
| Materials | 0% | 0 |
| Healthcare | 0% | 0 |
| Utilities | 0% | 0 |
| Financials | -0.60% | |
| Industrials | -10.05% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| SAF1R SAF Tehnika | €6.60 | 3.8% +€712.8k | 22.2% | PS0.8x | Tech | |
| VIRSI AS Virsi-A | €3.80 | 1.1% +€605.8k | -8.4% | PE14x | Consumer Discretionary | |
| BAL1R AS Amber Latvijas balzams | €7.20 | 0.7% +€374.8k | -20.0% | PE31.8x | Consumer Staples | |
| KALVE AS Kalve Coffee | €16.40 | 1.9% +€358.1k | 145.9% | PE433.5x | Consumer Staples | |
| DGR1R DelfinGroup | €1.29 | 0.5% +€272.7k | 18.9% | PE7.4x | Financials |
