Have your own idea? Try our Stock Screener
Latvian (OMX) Financials Sector Analysis
UpdatedMay 22, 2025
DataAggregated Company Financials
Companies2
- 7D0.4%
- 3M0.02%
- 1Y-10.4%
- YTD-5.8%
The Financials industry has stayed flat over the last week. Unfortunately though, the industry is down 10% over the past 12 months.
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 |
|---|---|---|---|---|---|---|
| Thu, 22 May 2025 | €103.4m | €43.5m | €1.0m | 7.1x | 101.4x | 2.4x |
| Sat, 19 Apr 2025 | €100.8m | €41.4m | €2.0m | 7x | 49.8x | 2.4x |
| Mon, 17 Mar 2025 | €105.9m | €41.4m | €2.0m | 7.2x | 52.4x | 2.6x |
| Wed, 12 Feb 2025 | €100.9m | €39.5m | €2.3m | 7.7x | 43.8x | 2.6x |
| Fri, 10 Jan 2025 | €105.7m | €39.5m | €2.3m | 7.5x | 45.9x | 2.7x |
| Sun, 08 Dec 2024 | €107.4m | €39.5m | €2.3m | 7.4x | 46.6x | 2.7x |
| Tue, 05 Nov 2024 | €107.9m | €37.6m | €3.3m | 7.4x | 32.8x | 2.9x |
| Thu, 03 Oct 2024 | €103.3m | €37.6m | €3.3m | 7x | 31.4x | 2.7x |
| Sat, 31 Aug 2024 | €109.4m | €37.6m | €3.3m | 7.1x | 33.3x | 2.9x |
| Mon, 29 Jul 2024 | €109.9m | €35.8m | €3.5m | 7.3x | 31.8x | 3.1x |
| Wed, 26 Jun 2024 | €110.5m | €35.8m | €3.5m | 7.4x | 32x | 3.1x |
| Fri, 24 May 2024 | €108.7m | €35.8m | €3.5m | 7.5x | 31.4x | 3x |
| Sun, 21 Apr 2024 | €111.3m | €34.3m | €3.7m | 8.5x | 29.8x | 3.2x |
| Tue, 19 Mar 2024 | €110.8m | €34.3m | €3.7m | 8.6x | 29.7x | 3.2x |
| Thu, 15 Feb 2024 | €102.7m | €32.4m | €4.5m | 8.1x | 22.8x | 3.2x |
| Sat, 13 Jan 2024 | €106.4m | €32.4m | €4.5m | 8.4x | 23.7x | 3.3x |
| Mon, 11 Dec 2023 | €101.2m | €32.4m | €4.5m | 8.3x | 22.5x | 3.1x |
| Wed, 08 Nov 2023 | €104.4m | €30.6m | €4.6m | 8.3x | 22.8x | 3.4x |
| Fri, 06 Oct 2023 | €109.5m | €30.6m | €4.6m | 8.7x | 23.9x | 3.6x |
| Sun, 03 Sep 2023 | €111.0m | €30.6m | €4.6m | 8.9x | 24.2x | 3.6x |
| Tue, 01 Aug 2023 | €111.4m | €29.0m | €4.4m | 9.9x | 25.3x | 3.8x |
| Thu, 29 Jun 2023 | €112.2m | €29.0m | €4.4m | 10x | 25.5x | 3.9x |
| Sat, 27 May 2023 | €114.6m | €26.6m | €4.4m | 10.1x | 26x | 4.3x |
| Mon, 24 Apr 2023 | €51.4m | €2.3m | -€1,271,803.00 | 11.3x | -40.4x | 22.6x |
| Wed, 22 Mar 2023 | €51.7m | €2.3m | -€1,271,803.00 | 11.4x | -40.7x | 22.7x |
| Fri, 17 Feb 2023 | €121.7m | €28.2m | €4.9m | 11.7x | 24.6x | 4.3x |
| Sun, 15 Jan 2023 | €120.3m | €28.2m | €4.9m | 11.5x | 24.3x | 4.3x |
| Tue, 13 Dec 2022 | €118.7m | €28.2m | €4.9m | 11.6x | 24x | 4.2x |
| Thu, 10 Nov 2022 | €116.4m | €26.3m | €4.8m | 12.6x | 24.3x | 4.4x |
| Sat, 08 Oct 2022 | €119.0m | €26.3m | €4.8m | 13x | 24.8x | 4.5x |
| Mon, 05 Sep 2022 | €124.4m | €26.0m | €5.2m | 3139.1x | 23.8x | 4.8x |
| Wed, 03 Aug 2022 | €121.8m | €24.5m | €4.8m | 3219.6x | 25.2x | 5x |
| Fri, 01 Jul 2022 | €64.4m | €22.9m | €4.8m | 13.3x | 13.3x | 2.8x |
| Sun, 29 May 2022 | €64.4m | €22.9m | €4.8m | 13.3x | 13.3x | 2.8x |
Price to Earnings Ratio
13.3x
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
- The earnings for companies in the Financials industry have declined 40% per year over the last three years.
- Meanwhile revenues for these companies have grown 24% 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 | 0.44% | |
| Financials | 0.40% | |
| Consumer Finance | 1.74% | |
| Capital Markets | -1.00% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 8.8x.
- 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 | |
|---|---|---|---|---|---|
| DGR1R DelfinGroup | €1.17 | 1.7% +€908.1k | 7.4% | PE7.1x |