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Latvian (OMX) Financials Sector Analysis
UpdatedSep 02, 2025
DataAggregated Company Financials
Companies2
- 7D1.2%
- 3M7.9%
- 1Y-4.6%
- YTD-0.4%
Over the last 7 days, the Financials industry has dropped 1.4%, driven by a pullback from IPAS Indexo of 1.4%. However, the industry is down 7.4% over the past year.
Sector Valuation and Performance
Has the Latvian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 02 Sep 2025 | €112.5m | €46.2m | -€169,548.00 | 7.7x | -663.3x | 2.4x |
| Thu, 31 Jul 2025 | €105.7m | €43.5m | €1.0m | 7.7x | 103.7x | 2.4x |
| Sat, 28 Jun 2025 | €99.4m | €43.5m | €1.0m | 7.2x | 97.5x | 2.3x |
| Mon, 26 May 2025 | €103.3m | €43.5m | €1.0m | 7.2x | 101.3x | 2.4x |
| Wed, 23 Apr 2025 | €100.8m | €41.4m | €2.0m | 7x | 49.8x | 2.4x |
| Fri, 21 Mar 2025 | €104.8m | €41.4m | €2.0m | 7.1x | 51.8x | 2.5x |
| Sun, 16 Feb 2025 | €99.9m | €39.5m | €2.3m | 7.7x | 43.3x | 2.5x |
| Tue, 14 Jan 2025 | €105.6m | €39.5m | €2.3m | 7.5x | 45.8x | 2.7x |
| Thu, 12 Dec 2024 | €106.0m | €39.5m | €2.3m | 7.4x | 46x | 2.7x |
| Sat, 09 Nov 2024 | €107.9m | €47.4m | €2.3m | 7.4x | 46.8x | 2.3x |
| Mon, 07 Oct 2024 | €102.9m | €37.6m | €3.3m | 7x | 31.3x | 2.7x |
| Wed, 04 Sep 2024 | €107.8m | €37.6m | €3.3m | 6.9x | 32.8x | 2.9x |
| Fri, 02 Aug 2024 | €110.7m | €35.8m | €3.5m | 7.3x | 32x | 3.1x |
| Sun, 30 Jun 2024 | €111.2m | €35.8m | €3.5m | 7.4x | 32.2x | 3.1x |
| Tue, 28 May 2024 | €109.0m | €35.8m | €3.5m | 7.5x | 31.5x | 3x |
| Thu, 25 Apr 2024 | €110.6m | €34.3m | €3.7m | 8.4x | 29.7x | 3.2x |
| Sat, 23 Mar 2024 | €111.1m | €34.3m | €3.7m | 8.5x | 29.8x | 3.2x |
| Mon, 19 Feb 2024 | €111.7m | €32.4m | €4.5m | 8.1x | 24.8x | 3.4x |
| Wed, 17 Jan 2024 | €106.4m | €32.4m | €4.5m | 8.4x | 23.6x | 3.3x |
| Fri, 15 Dec 2023 | €97.8m | €32.4m | €4.5m | 8.6x | 21.7x | 3x |
| Sun, 12 Nov 2023 | €107.9m | €30.9m | €4.4m | 8.8x | 24.6x | 3.5x |
| Tue, 10 Oct 2023 | €108.7m | €30.6m | €4.6m | 8.6x | 23.7x | 3.5x |
| Thu, 07 Sep 2023 | €111.2m | €30.6m | €4.6m | 9x | 24.3x | 3.6x |
| Sat, 05 Aug 2023 | €111.4m | €29.0m | €4.4m | 9.9x | 25.3x | 3.8x |
| Mon, 03 Jul 2023 | €112.0m | €29.0m | €4.4m | 10x | 25.4x | 3.9x |
| Wed, 31 May 2023 | €114.5m | €29.0m | €4.4m | 10.1x | 26x | 3.9x |
| Fri, 28 Apr 2023 | €51.4m | €2.3m | -€1,271,803.00 | 11.3x | -40.4x | 22.6x |
| Sun, 26 Mar 2023 | €51.9m | €2.3m | -€1,271,803.00 | 11.4x | -40.8x | 22.8x |
| Tue, 21 Feb 2023 | €121.7m | €28.2m | €4.9m | 11.6x | 24.6x | 4.3x |
| Thu, 19 Jan 2023 | €121.0m | €28.2m | €4.9m | 11.5x | 24.5x | 4.3x |
| Sat, 17 Dec 2022 | €118.8m | €28.2m | €4.9m | 11.5x | 24x | 4.2x |
| Mon, 14 Nov 2022 | €117.2m | €26.3m | €4.8m | 12.7x | 24.5x | 4.5x |
| Wed, 12 Oct 2022 | €119.2m | €26.3m | €4.8m | 12.8x | 24.9x | 4.5x |
| Fri, 09 Sep 2022 | €121.2m | €26.3m | €4.8m | 13x | 25.3x | 4.6x |
Price to Earnings Ratio
25.3x
Current Industry PE
- There are only 2 companies in the Latvian Financials industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Financials industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 21% 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.
Industry Trends
Which industries have driven the changes within the Latvian Financials sector?
| LV Market | 1.21% | |
| Financials | 1.24% | |
| Capital Markets | 2.43% | |
| Consumer Finance | 0.16% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry, which is trading close to its 3-year average PE ratio of 8.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IDX1R IPAS Indexo | €10.10 | 2.4% +€1.3m | -24.1% | PS10.8x | |
| DGR1R DelfinGroup | €1.29 | 0.2% +€90.9k | 25.0% | PE7.7x |