Latvian (OMX) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies10
- 7D-1.4%
- 3M-18.0%
- 1Y-17.2%
- YTD-19.2%
Over the last 7 days, the market has dropped 1.4%, driven by a loss of 3.4% in the Utilities sector. In the last 12 months the market is down 17%.
Market Valuation and Performance
Has the Latvian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | €648.2m | €987.3m | €32.7m | 11.9x |
| Wed, 20 Apr 2022 | €679.9m | €985.9m | €32.2m | 12.6x |
| Fri, 18 Mar 2022 | €878.0m | €1.2b | €53.6m | 9.5x |
| Sun, 13 Feb 2022 | €952.3m | €924.5m | -€123,116,525.00 | 9.1x |
| Tue, 11 Jan 2022 | €981.2m | €922.0m | -€124,322,302.00 | 9.1x |
| Thu, 09 Dec 2021 | €957.2m | €922.0m | -€124,322,302.00 | 9.1x |
| Sat, 06 Nov 2021 | €909.8m | €612.5m | €36.5m | 18.9x |
| Mon, 04 Oct 2021 | €855.7m | €592.0m | €33.0m | 16.7x |
| Wed, 01 Sep 2021 | €841.6m | €592.0m | €33.1m | 17x |
| Thu, 08 Jul 2021 | €808.7m | €592.0m | €33.1m | 15.7x |
| Wed, 31 Mar 2021 | €720.6m | €523.6m | €53.8m | 13x |
| Sat, 02 Jan 2021 | €715.1m | €506.2m | €38.3m | 12.2x |
| Tue, 06 Oct 2020 | €675.5m | €505.3m | €58.1m | 13.7x |
| Fri, 10 Jul 2020 | €658.4m | €547.4m | €66.1m | 18.3x |
| Thu, 02 Apr 2020 | €565.8m | €596.0m | €45.1m | 12.7x |
| Sun, 05 Jan 2020 | €646.5m | €648.6m | €51.8m | 19.6x |
| Wed, 09 Oct 2019 | €639.6m | €676.8m | €38.7m | 20.2x |
| Tue, 02 Jul 2019 | €655.1m | €731.7m | €29.3m | 21.5x |
Median PE Ratio
18.4x
Current Market PE
- Investors are pessimistic on the market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 11.9x which is lower than its 3-year average PE of 16.1x.
- This is at odds with analyst estimates, who expect earnings to grow in the future.
Past Earnings Growth
- The earnings for Latvian listed companies have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 13% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Sector Trends
Which sectors have driven the changes within the Latvian Market?
| LV Market | -1.35% | |
| Consumer Discretionary | 1.71% | |
| Financials | 0.42% | |
| Tech | 0.29% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Healthcare | 0% | |
| Telecom | 0% | |
| Consumer Staples | -0.013% | |
| Industrials | -1.46% | |
| Utilities | -3.38% | |
Sector PE
- Investors are most optimistic about the Utilities sector even though it's trading below its 3-year average PE ratio of 7kx.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Tech sector, which is trading below its 3-year average of 61.7x.
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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| MDARA AS MADARA Cosmetics | €24.00 | 2.6% +€2.3m | 6.2% | PS24.7x | Consumer Staples | |
| VIRSI AS Virsi-A | €4.44 | 1.6% +€1.1m | n/a | PS10.1x | Consumer Discretionary | |
| HMX1R AS HansaMatrix | €7.10 | 6.0% +€734.0k | -22.4% | PS0.6x | Tech | |
| RKB1R AS Rigas kugu buvetava | €0.055 | 0.4% +€2.3k | -41.3% | PS0.3x | Industrials |