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Latvian (OMX) Market Analysis & Valuation

UpdatedFeb 15, 2026
DataAggregated Company Financials
Companies10
  • 7D1.6%
  • 3M-1.9%
  • 1Y-1.2%
  • YTD-2.9%

Over the last 7 days, the market has risen 1.6%, driven by gains of 21% in the Information Technology sector. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Feb 2026€374.0m€584.1m€11.9m15.7x31.5x0.6x
Tue, 13 Jan 2026€389.7m€575.6m€9.4m26x41.6x0.7x
Thu, 11 Dec 2025€336.9m€575.6m€9.4m23x36x0.6x
Sat, 08 Nov 2025€332.5m€579.1m€11.4m14.2x29.2x0.6x
Mon, 06 Oct 2025€331.4m€577.4m€10.9m14.4x30.5x0.6x
Wed, 03 Sep 2025€343.9m€576.0m€12.2m14.3x28.3x0.6x
Fri, 01 Aug 2025€341.6m€565.8m€16.1m12.2x21.2x0.6x
Sun, 29 Jun 2025€331.7m€565.8m€16.1m12.3x20.6x0.6x
Tue, 27 May 2025€322.4m€568.8m€15.1m13.8x21.3x0.6x
Thu, 24 Apr 2025€315.7m€567.7m€17.2m12.1x18.3x0.6x
Sat, 22 Mar 2025€324.1m€556.7m€16.1m12.5x20.1x0.6x
Mon, 17 Feb 2025€322.0m€546.9m€17.3m12.2x18.6x0.6x
Wed, 15 Jan 2025€327.6m€548.8m€17.6m12.4x18.6x0.6x
Fri, 13 Dec 2024€326.5m€562.0m€19.3m12.8x17x0.6x
Sun, 10 Nov 2024€327.0m€567.7m€16.1m11.5x20.3x0.6x
Tue, 08 Oct 2024€326.8m€557.8m€17.1m11.8x19.2x0.6x
Thu, 05 Sep 2024€321.5m€557.8m€17.1m11.3x18.8x0.6x
Sat, 03 Aug 2024€474.8m€650.7m-€39,055,451.0012.8x-12.2x0.7x
Mon, 01 Jul 2024€613.6m€650.7m-€39,055,451.0013.7x-15.7x0.9x
Wed, 29 May 2024€651.8m€654.3m-€40,130,561.0013.3x-16.2x1x
Fri, 26 Apr 2024€710.7m€702.0m-€41,580,062.0013.4x-17.1x1x
Sun, 24 Mar 2024€723.5m€702.0m-€41,524,092.0014x-17.4x1x
Tue, 20 Feb 2024€725.4m€848.2m€6.0m14.4x120.1x0.9x
Thu, 18 Jan 2024€757.4m€878.6m€3.0m15.1x250.8x0.9x
Sat, 16 Dec 2023€717.9m€878.6m€3.0m14.9x237.8x0.8x
Mon, 13 Nov 2023€756.6m€1.0b€41.2m17.3x18.4x0.7x
Wed, 11 Oct 2023€717.9m€1.0b€43.6m13.1x16.5x0.7x
Fri, 08 Sep 2023€721.8m€1.0b€43.6m13x16.6x0.7x
Sun, 06 Aug 2023€864.2m€1.1b€56.1m12.1x15.4x0.8x
Tue, 04 Jul 2023€787.4m€1.1b€56.1m11.1x14x0.7x
Thu, 01 Jun 2023€722.9m€1.1b€58.3m10.2x12.4x0.7x
Sat, 29 Apr 2023€653.0m€1.3b€122.6m11.3x5.3x0.5x
Mon, 27 Mar 2023€662.1m€1.3b€122.5m11.4x5.4x0.5x
Wed, 22 Feb 2023€745.5m€1.4b€294.6m11.6x2.5x0.5x
Price to Earnings Ratio

2.5x


Total Market Cap: €745.5mTotal Earnings: €294.6mTotal Revenue: €1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Latvian Market Price to Earnings3Y Average 32.5x202420252026
Current Market PE
  • Investors are relatively neutral on the Latvian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading at a PE ratio close to its 3-year average PE ratio of 32.5x.
Past Earnings Growth
  • The earnings for companies in the Latvian industry have declined 66% 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 Market1.59%
Tech21.04%
Financials0.57%
Consumer Discretionary0.50%
Real Estate0%0
Materials0%0
Healthcare0%0
Utilities0%0
Consumer Staples-0.28%
Industrials-1.03%
Sector PE
  • Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 9.4x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Consumer Discretionary sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 11.7x.
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
SAF1R SAF Tehnika€9.7821.0%
+€5.0m
56.2%PE16.6xTech
BAL1R AS Amber Latvijas balzams€2.903.6%
+€749.7k
-65.9%PE12.8xConsumer Staples
IDX1R IPAS Indexo€9.540.6%
+€614.9k
-5.5%PS18.2xFinancials
VIRSI AS Virsi-A€4.030.5%
+€302.9k
-2.9%PE14.8xConsumer Discretionary
DGR1R DelfinGroup€1.320.5%
+€272.7k
15.6%PE7.5xFinancials
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