Latvian (OMX) Market Analysis & Valuation

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 04 Feb 2026	€374.7m	€575.6m	€9.4m	16.8x	40x	0.7x
Fri, 02 Jan 2026	€377.3m	€575.6m	€9.4m	21.9x	40.3x	0.7x
Sun, 30 Nov 2025	€335.2m	€578.4m	€11.4m	14.4x	29.3x	0.6x
Tue, 28 Oct 2025	€331.2m	€577.4m	€10.9m	14.4x	30.5x	0.6x
Thu, 25 Sep 2025	€343.1m	€577.4m	€10.9m	14.6x	31.6x	0.6x
Sat, 23 Aug 2025	€338.6m	€571.6m	€13.8m	12.7x	24.6x	0.6x
Mon, 21 Jul 2025	€333.7m	€565.8m	€16.1m	12.2x	20.7x	0.6x
Wed, 18 Jun 2025	€328.4m	€565.8m	€16.1m	12.2x	20.4x	0.6x
Fri, 16 May 2025	€328.8m	€569.8m	€15.1m	13.8x	21.7x	0.6x
Sun, 13 Apr 2025	€313.0m	€567.7m	€17.2m	12.2x	18.2x	0.6x
Tue, 11 Mar 2025	€328.4m	€556.7m	€16.1m	12.7x	20.4x	0.6x
Thu, 06 Feb 2025	€319.5m	€548.8m	€17.6m	12.2x	18.2x	0.6x
Sat, 04 Jan 2025	€329.1m	€548.8m	€17.6m	12.4x	18.7x	0.6x
Mon, 02 Dec 2024	€322.9m	€559.1m	€19.1m	11.2x	16.9x	0.6x
Wed, 30 Oct 2024	€326.5m	€557.8m	€17.1m	11.6x	19.1x	0.6x
Fri, 27 Sep 2024	€323.8m	€557.8m	€17.1m	11.1x	19x	0.6x
Sun, 25 Aug 2024	€491.3m	€672.9m	-€41,804,419.00	14.3x	-11.8x	0.7x
Tue, 23 Jul 2024	€513.7m	€650.7m	-€39,055,451.00	12.9x	-13.2x	0.8x
Thu, 20 Jun 2024	€680.6m	€650.7m	-€39,055,451.00	12.1x	-17.4x	1x
Sat, 18 May 2024	€689.0m	€703.5m	-€41,542,739.00	13.4x	-16.6x	1x
Mon, 15 Apr 2024	€717.8m	€702.0m	-€41,524,092.00	13.6x	-17.3x	1x
Wed, 13 Mar 2024	€732.3m	€801.4m	€2.8m	14x	262.9x	0.9x
Fri, 09 Feb 2024	€733.3m	€848.4m	€6.0m	15x	121.4x	0.9x
Sun, 07 Jan 2024	€743.4m	€878.6m	€3.0m	15x	246.2x	0.8x
Tue, 05 Dec 2023	€749.7m	€1.0b	€43.6m	13.6x	17.2x	0.7x
Thu, 02 Nov 2023	€730.0m	€1.0b	€43.6m	13.8x	16.8x	0.7x
Sat, 30 Sep 2023	€708.8m	€1.0b	€43.6m	12.6x	16.3x	0.7x
Mon, 28 Aug 2023	€751.9m	€1.1b	€53.7m	10.3x	14x	0.7x
Wed, 26 Jul 2023	€785.9m	€1.1b	€56.1m	11.3x	14x	0.7x
Fri, 23 Jun 2023	€728.0m	€1.1b	€56.1m	10.2x	13x	0.7x
Sun, 21 May 2023	€654.4m	€1.3b	€118.5m	10.2x	5.5x	0.5x
Tue, 18 Apr 2023	€654.6m	€1.3b	€122.6m	11.4x	5.3x	0.5x
Thu, 16 Mar 2023	€737.4m	€1.3b	€128.5m	11.4x	5.7x	0.6x
Sat, 11 Feb 2023	€746.8m	€1.4b	€293.6m	11.6x	2.5x	0.5x

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 40.4x which is higher than its 3-year average PE of 32.1x.

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	-5.69%
Industrials	2.63%
Real Estate	0%	0
Materials	0%	0
Healthcare	0%	0
Utilities	0%	0
Financials	-0.72%
Consumer Discretionary	-0.74%
Tech	-1.44%
Consumer Staples	-13.94%

Sector PE

Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 5.2x.

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
EGG AS APF Holdings	€5.05	1.0% +€286.4k	12.2%	PE13.2x	Consumer Staples
RKB1R AS Rigas kugu buvetava	€0.39	2.6% +€116.7k	212.0%	n/a	Industrials
DGR1R DelfinGroup	€1.30	0.2% +€90.9k	19.4%	PE7.4x	Financials

Company

Last Price

Valuation

Sector

EGG AS APF Holdings

€5.05

1.0%
+€286.4k

12.2%

PE13.2x

Consumer Staples

RKB1R AS Rigas kugu buvetava

€0.39