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Latvian (OMX) Market Analysis & Valuation

UpdatedJan 18, 2026
DataAggregated Company Financials
Companies10
  • 7D2.8%
  • 3M6.9%
  • 1Y3.0%
  • YTD4.2%

Over the last 7 days, the market has risen 2.8%, driven by gains of 5.6% in the Consumer Staples sector. In the last year, the market has climbed 3.0%.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 Jan 2026€399.2m€575.6m€9.4m23.9x42.6x0.7x
Tue, 16 Dec 2025€337.8m€575.6m€9.4m23x36x0.6x
Thu, 13 Nov 2025€334.2m€579.0m€11.6m14.4x28.9x0.6x
Sat, 11 Oct 2025€331.6m€577.4m€10.9m14.5x30.5x0.6x
Mon, 08 Sep 2025€347.4m€577.4m€10.9m15.1x32x0.6x
Wed, 06 Aug 2025€344.2m€565.8m€16.1m12.1x21.4x0.6x
Fri, 04 Jul 2025€332.9m€565.8m€16.1m12.2x20.7x0.6x
Sun, 01 Jun 2025€328.3m€568.5m€15.1m13.8x21.7x0.6x
Tue, 29 Apr 2025€317.8m€567.7m€17.1m12.3x18.6x0.6x
Thu, 27 Mar 2025€321.7m€556.7m€16.1m12.5x19.9x0.6x
Sat, 22 Feb 2025€319.6m€546.9m€17.3m12.1x18.5x0.6x
Mon, 20 Jan 2025€326.2m€548.8m€17.6m12.4x18.6x0.6x
Wed, 18 Dec 2024€323.2m€562.0m€19.3m12.9x16.8x0.6x
Fri, 15 Nov 2024€323.5m€559.7m€16.1m11.4x20.1x0.6x
Sun, 13 Oct 2024€328.0m€557.8m€17.1m11.9x19.2x0.6x
Tue, 10 Sep 2024€320.3m€557.8m€17.1m11.1x18.8x0.6x
Thu, 08 Aug 2024€470.0m€650.7m-€39,055,451.0012.6x-12x0.7x
Sat, 06 Jul 2024€508.4m€650.7m-€39,055,451.0012.7x-13x0.8x
Mon, 03 Jun 2024€664.6m€654.1m-€40,130,561.0013.3x-16.6x1x
Wed, 01 May 2024€702.8m€702.0m-€41,580,062.0013.2x-16.9x1x
Fri, 29 Mar 2024€719.5m€702.0m-€41,524,092.0013.8x-17.3x1x
Sun, 25 Feb 2024€734.8m€848.2m€6.0m14.5x121.6x0.9x
Tue, 23 Jan 2024€759.6m€878.6m€3.0m15.2x251.5x0.9x
Thu, 21 Dec 2023€733.9m€878.6m€3.0m15x243.1x0.8x
Sat, 18 Nov 2023€751.0m€1.0b€41.3m16.8x18.2x0.7x
Mon, 16 Oct 2023€717.4m€1.0b€43.6m13.1x16.5x0.7x
Wed, 13 Sep 2023€730.2m€1.0b€43.6m13.2x16.8x0.7x
Fri, 11 Aug 2023€861.4m€1.1b€56.1m10.4x15.4x0.8x
Sun, 09 Jul 2023€796.2m€1.1b€56.1m11.1x14.2x0.7x
Tue, 06 Jun 2023€723.8m€1.1b€56.1m10.3x12.9x0.7x
Thu, 04 May 2023€654.9m€1.3b€122.6m11.3x5.3x0.5x
Sat, 01 Apr 2023€660.1m€1.3b€122.5m11.4x5.4x0.5x
Mon, 27 Feb 2023€738.3m€1.4b€294.6m11.7x2.5x0.5x
Wed, 25 Jan 2023€749.0m€1.4b€294.5m11.5x2.5x0.5x
Price to Earnings Ratio

2.5x


Total Market Cap: €749.0mTotal Earnings: €294.5mTotal Revenue: €1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Latvian Market Price to Earnings3Y Average 31.5x202420252026
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 42.6x which is higher than its 3-year average PE of 31.5x.
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 Market2.77%
Tech11.35%
Consumer Staples5.62%
Industrials3.83%
Financials0.071%
Real Estate0%0
Materials0%0
Healthcare0%0
Utilities0%0
Consumer Discretionary-0.49%
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?

CompanyLast Price7D1YValuationSector
KALVE AS Kalve Coffee€26.4023.4%
+€6.0m
277.1%PE697.8xConsumer Staples
MDARA AS MADARA Cosmetics€11.807.3%
+€3.0m
10.3%PE27.2xConsumer Staples
SAF1R SAF Tehnika€8.4411.3%
+€2.6m
42.6%PS1xTech
EGG AS APF Holdings€5.000.8%
+€229.1k
22.2%PE13.1xConsumer Staples
IDX1R IPAS Indexo€9.480.2%
+€199.9k
-17.2%PS17.7xFinancials
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