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Latvian (OMX) Market Analysis & Valuation
UpdatedFeb 10, 2025
DataAggregated Company Financials
Companies10
- 7D-1.1%
- 3M-3.1%
- 1Y-12.0%
- YTD-2.2%
The market has dropped by 12% in the last 7 days, with the Consumer Staples sector leading declines. The market has dropped 12% in the last 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 |
|---|---|---|---|---|---|---|
| Mon, 10 Feb 2025 | €320.6m | €548.8m | €17.6m | 12.2x | 18.2x | 0.6x |
| Wed, 08 Jan 2025 | €327.8m | €548.8m | €17.6m | 12.4x | 18.7x | 0.6x |
| Fri, 06 Dec 2024 | €321.1m | €562.0m | €19.3m | 11x | 16.7x | 0.6x |
| Sun, 03 Nov 2024 | €325.7m | €557.8m | €17.1m | 11.6x | 19.1x | 0.6x |
| Tue, 01 Oct 2024 | €321.1m | €557.8m | €17.1m | 12.2x | 18.8x | 0.6x |
| Thu, 29 Aug 2024 | €490.1m | €672.9m | -€41,804,419.00 | 14.2x | -11.7x | 0.7x |
| Sat, 27 Jul 2024 | €487.0m | €650.7m | -€39,055,451.00 | 13x | -12.5x | 0.7x |
| Mon, 24 Jun 2024 | €599.8m | €650.7m | -€39,055,451.00 | 12.1x | -15.4x | 0.9x |
| Wed, 22 May 2024 | €675.4m | €703.8m | -€41,819,462.00 | 13.1x | -16.2x | 1x |
| Fri, 19 Apr 2024 | €715.6m | €702.0m | -€41,580,062.00 | 13.2x | -17.2x | 1x |
| Sun, 17 Mar 2024 | €729.4m | €704.4m | -€41,524,092.00 | 14.1x | -17.6x | 1x |
| Tue, 13 Feb 2024 | €715.2m | €848.4m | €6.0m | 14.8x | 118.4x | 0.8x |
| Thu, 11 Jan 2024 | €753.4m | €878.6m | €3.0m | 15.5x | 249.5x | 0.9x |
| Sat, 09 Dec 2023 | €748.0m | €878.6m | €3.0m | 14.4x | 247.7x | 0.9x |
| Mon, 06 Nov 2023 | €781.7m | €1.0b | €45.3m | 15.5x | 17.3x | 0.8x |
| Wed, 04 Oct 2023 | €715.0m | €1.0b | €43.6m | 12.8x | 16.4x | 0.7x |
| Fri, 01 Sep 2023 | €744.2m | €992.2m | €46.6m | 11.6x | 16x | 0.8x |
| Sun, 30 Jul 2023 | €837.5m | €1.1b | €56.1m | 11.8x | 14.9x | 0.8x |
| Tue, 27 Jun 2023 | €778.5m | €1.1b | €56.1m | 10.9x | 13.9x | 0.7x |
| Thu, 25 May 2023 | €717.2m | €1.3b | €124.6m | 10.2x | 5.8x | 0.6x |
| Sat, 22 Apr 2023 | €658.4m | €1.3b | €122.6m | 11.3x | 5.4x | 0.5x |
| Mon, 20 Mar 2023 | €667.3m | €1.3b | €122.5m | 11.4x | 5.4x | 0.5x |
| Wed, 15 Feb 2023 | €747.2m | €1.4b | €293.6m | 11.6x | 2.5x | 0.5x |
| Fri, 13 Jan 2023 | €730.3m | €1.4b | €294.5m | 11.5x | 2.5x | 0.5x |
| Sun, 11 Dec 2022 | €704.7m | €1.4b | €294.5m | 11.5x | 2.4x | 0.5x |
| Tue, 08 Nov 2022 | €688.5m | €1.3b | €113.5m | 6.9x | 6.1x | 0.5x |
| Thu, 06 Oct 2022 | €679.3m | €1.3b | €113.5m | 6.8x | 6x | 0.5x |
| Sat, 03 Sep 2022 | €715.7m | €1.3b | €113.8m | 8.1x | 6.3x | 0.5x |
| Mon, 01 Aug 2022 | €736.8m | €1.2b | €84.2m | 11.1x | 8.7x | 0.6x |
| Wed, 29 Jun 2022 | €691.3m | €1.2b | €84.2m | 10.4x | 8.2x | 0.6x |
| Fri, 27 May 2022 | €646.3m | €987.3m | €32.7m | 11.6x | 19.8x | 0.7x |
| Sun, 24 Apr 2022 | €646.8m | €985.9m | €32.2m | 12.8x | 20.1x | 0.7x |
| Tue, 22 Mar 2022 | €878.1m | €1.2b | €53.6m | 9.7x | 16.4x | 0.7x |
| Thu, 17 Feb 2022 | €949.3m | €924.4m | -€123,116,525.00 | 9.1x | -7.7x | 1x |
Price to Earnings Ratio
-7.7x
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 18.2x which is lower than its 3-year average PE of 26.4x.
Past Earnings Growth
- Total earnings for Latvian listed companies have gone up over the last three years, and the market is now profitable.
- Meanwhile revenues have declined 16% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Sector Trends
Which sectors have driven the changes within the Latvian Market?
| LV Market | -1.09% | |
| Tech | 1.00% | |
| Consumer Discretionary | 0.24% | |
| Energy | 0% | 0 |
| Real Estate | 0% | 0 |
| Materials | 0% | 0 |
| Industrials | 0% | 0 |
| Healthcare | 0% | 0 |
| Telecom | 0% | 0 |
| Utilities | 0% | 0 |
| Information Technology | 0% | 0 |
| Financials | 0% | 0 |
| Health Care | 0% | 0 |
| Industrials | 0% | 0 |
| Consumer Staples | -1.40% | |
| Financials | -1.87% | |
Sector PE
- Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 22.7x.
- 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 | |
|---|---|---|---|---|---|---|
| DGR1R DelfinGroup | €1.10 | 1.5% +€726.5k | -12.2% | PE7.5x | Financials | |
| VIRSI AS Virsi-A | €4.16 | 0.7% +€454.3k | -5.5% | PE15.9x | Consumer Discretionary | |
| SAF1R SAF Tehnika | €6.06 | 1.0% +€178.2k | -11.9% | PS0.6x | Tech | |
| SCM1R AS Siguldas Ciltslietu Un Maksligas Apseklosanas Stacija | €5.55 | 2.8% +€63.4k | -27.0% | PE69.8x | Consumer Staples |
