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Latvian (OMX) Market Analysis & Valuation
UpdatedJun 21, 2026
DataAggregated Company Financials
Companies10
- 7D0.2%
- 3M-1.7%
- 1Y-2.8%
- YTD-6.2%
The Industrials sector gained 9.1% while the market remained flat over the last week. As for the longer term, the market has also been flat over the past year.
Market Valuation and Performance
Has the Latvian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Jun 2026 | €379.3m | €614.3m | €17.8m | 9.1x | 21.4x | 0.6x |
| Tue, 19 May 2026 | €383.1m | €610.6m | €16.7m | 9x | 22.9x | 0.6x |
| Thu, 16 Apr 2026 | €379.2m | €603.1m | €13.7m | 11.9x | 27.7x | 0.6x |
| Sat, 14 Mar 2026 | €372.5m | €603.0m | €13.7m | 12x | 27.1x | 0.6x |
| Mon, 09 Feb 2026 | €368.2m | €575.6m | €9.4m | 14.7x | 39.3x | 0.6x |
| Wed, 07 Jan 2026 | €384.9m | €575.6m | €9.4m | 25x | 41.1x | 0.7x |
| Fri, 05 Dec 2025 | €337.0m | €575.6m | €9.4m | 23x | 36x | 0.6x |
| Sun, 02 Nov 2025 | €331.9m | €577.4m | €10.9m | 14.2x | 30.6x | 0.6x |
| Tue, 30 Sep 2025 | €335.8m | €577.4m | €10.9m | 14.5x | 30.9x | 0.6x |
| Thu, 28 Aug 2025 | €341.2m | €571.7m | €13.8m | 12.6x | 24.8x | 0.6x |
| Sat, 26 Jul 2025 | €334.1m | €565.8m | €16.1m | 12.1x | 20.8x | 0.6x |
| Mon, 23 Jun 2025 | €328.9m | €565.8m | €16.1m | 12.2x | 20.4x | 0.6x |
| Wed, 21 May 2025 | €320.0m | €568.7m | €15.1m | 13.8x | 21.2x | 0.6x |
| Fri, 18 Apr 2025 | €316.3m | €567.7m | €17.2m | 12.1x | 18.4x | 0.6x |
| Sun, 16 Mar 2025 | €328.3m | €556.7m | €16.1m | 12.8x | 20.4x | 0.6x |
| Tue, 11 Feb 2025 | €321.6m | €548.8m | €17.6m | 12.2x | 18.3x | 0.6x |
| Thu, 09 Jan 2025 | €329.7m | €548.8m | €17.6m | 12.4x | 18.8x | 0.6x |
| Sat, 07 Dec 2024 | €330.9m | €562.0m | €19.3m | 12.9x | 17.2x | 0.6x |
| Mon, 04 Nov 2024 | €325.7m | €557.8m | €17.1m | 11.6x | 19.1x | 0.6x |
| Wed, 02 Oct 2024 | €326.5m | €557.8m | €17.1m | 12.1x | 19.1x | 0.6x |
| Fri, 30 Aug 2024 | €489.6m | €672.9m | -€41,804,419.00 | 14.1x | -11.7x | 0.7x |
| Sun, 28 Jul 2024 | €480.8m | €650.7m | -€39,055,451.00 | 13x | -12.3x | 0.7x |
| Tue, 25 Jun 2024 | €599.8m | €650.7m | -€39,055,451.00 | 12.1x | -15.4x | 0.9x |
| Thu, 23 May 2024 | €664.4m | €703.8m | -€41,819,462.00 | 13x | -15.9x | 0.9x |
| Sat, 20 Apr 2024 | €715.6m | €702.0m | -€41,580,062.00 | 13.2x | -17.2x | 1x |
| Mon, 18 Mar 2024 | €729.4m | €704.4m | -€41,524,092.00 | 14.1x | -17.6x | 1x |
| Wed, 14 Feb 2024 | €723.0m | €848.2m | €6.0m | 14.6x | 119.7x | 0.9x |
| Fri, 12 Jan 2024 | €753.8m | €878.6m | €3.0m | 15.3x | 249.6x | 0.9x |
| Sun, 10 Dec 2023 | €747.9m | €878.6m | €3.0m | 14.4x | 247.7x | 0.9x |
| Tue, 07 Nov 2023 | €784.4m | €1.0b | €45.3m | 15.6x | 17.3x | 0.8x |
| Thu, 05 Oct 2023 | €715.0m | €1.0b | €43.6m | 13x | 16.4x | 0.7x |
| Sat, 02 Sep 2023 | €735.5m | €993.5m | €45.0m | 11.6x | 16.4x | 0.7x |
| Mon, 31 Jul 2023 | €837.5m | €1.1b | €56.1m | 11.8x | 14.9x | 0.8x |
| Wed, 28 Jun 2023 | €779.3m | €1.1b | €56.1m | 10.7x | 13.9x | 0.7x |
Price to Earnings Ratio
13.9x
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 21.4x which is lower than its 3-year average PE of 34.7x.
Past Earnings Growth
- The earnings for companies in the Latvian industry have declined 32% 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 | 0.19% | |
| Industrials | 9.15% | |
| Consumer Staples | 1.40% | |
| Real Estate | 0% | 0 |
| Materials | 0% | 0 |
| Healthcare | 0% | 0 |
| Utilities | 0% | 0 |
| Financials | -0.04% | |
| Tech | -0.45% | |
| Consumer Discretionary | -1.47% | |
Sector PE
- Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 26.4x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Tech 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 4.6x.
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 | |
|---|---|---|---|---|---|---|
| KALVE AS Kalve Coffee | €14.20 | 8.4% +€1.3m | 65.1% | PS3.3x | Consumer Staples | |
| DGR1R DelfinGroup | €1.54 | 1.3% +€909.0k | 30.3% | PE7.3x | Financials | |
| MDARA AS MADARA Cosmetics | €12.15 | 1.3% +€567.8k | -8.3% | PS2x | Consumer Staples | |
| EGG AS Agrova Baltics | €4.96 | 1.6% +€458.2k | 2.5% | PE5.5x | Consumer Staples | |
| RKB1R AS Rigas kugu buvetava | €0.36 | 9.1% +€350.2k | -23.5% | n/a | Industrials |
