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Latvian (OMX) Tech Sector Analysis
UpdatedApr 14, 2026
DataAggregated Company Financials
Companies1
- 7D-3.3%
- 3M25.5%
- 1Y47.6%
- YTD28.7%
Over the last 7 days, the Tech industry has dropped 2.7%, driven by declines from every company within the industry. In the past year, the industry has gained 52%.
Sector Valuation and Performance
Has the Latvian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 Apr 2026 | €27.6m | €33.8m | €1.7m | 15.7x | 15.8x | 0.8x |
| Fri, 13 Mar 2026 | €29.6m | €33.8m | €1.7m | 17x | 17x | 0.9x |
| Sun, 08 Feb 2026 | €24.0m | €25.3m | -€763,990.00 | n/a | -31.4x | 0.9x |
| Tue, 06 Jan 2026 | €21.3m | €25.3m | -€763,990.00 | n/a | -27.9x | 0.8x |
| Thu, 04 Dec 2025 | €18.9m | €25.3m | -€763,990.00 | n/a | -24.8x | 0.7x |
| Sat, 01 Nov 2025 | €17.3m | €26.1m | -€820,219.00 | n/a | -21.1x | 0.7x |
| Mon, 29 Sep 2025 | €17.2m | €26.1m | -€820,219.00 | n/a | -20.9x | 0.7x |
| Wed, 27 Aug 2025 | €17.0m | €26.1m | -€820,219.00 | n/a | -20.8x | 0.7x |
| Fri, 25 Jul 2025 | €17.4m | €26.9m | -€383,452.00 | n/a | -45.4x | 0.6x |
| Sun, 22 Jun 2025 | €17.7m | €26.9m | -€383,452.00 | n/a | -46.2x | 0.7x |
| Tue, 20 May 2025 | €18.1m | €27.3m | -€383,452.00 | n/a | -47.2x | 0.7x |
| Thu, 17 Apr 2025 | €17.8m | €28.4m | -€376,202.00 | n/a | -47.4x | 0.6x |
| Sat, 15 Mar 2025 | €19.4m | €28.4m | -€376,202.00 | n/a | -51.6x | 0.7x |
| Mon, 10 Feb 2025 | €18.0m | €30.2m | -€81,984.00 | n/a | -219.5x | 0.6x |
| Wed, 08 Jan 2025 | €16.9m | €30.2m | -€81,984.00 | n/a | -206.5x | 0.6x |
| Fri, 06 Dec 2024 | €16.4m | €30.2m | -€81,984.00 | n/a | -200x | 0.5x |
| Sun, 03 Nov 2024 | €15.3m | €27.1m | -€2,390,773.00 | n/a | -6.4x | 0.6x |
| Tue, 01 Oct 2024 | €16.5m | €27.1m | -€2,390,773.00 | n/a | -6.9x | 0.6x |
| Thu, 29 Aug 2024 | €14.1m | €27.1m | -€2,390,773.00 | n/a | -5.9x | 0.5x |
| Sat, 27 Jul 2024 | €15.0m | €29.8m | -€947,267.00 | n/a | -15.8x | 0.5x |
| Mon, 24 Jun 2024 | €16.2m | €29.8m | -€947,267.00 | n/a | -17.1x | 0.5x |
| Wed, 22 May 2024 | €16.0m | €29.9m | -€947,267.00 | n/a | -16.9x | 0.5x |
| Fri, 19 Apr 2024 | €18.5m | €29.6m | -€978,814.00 | n/a | -18.9x | 0.6x |
| Sun, 17 Mar 2024 | €19.9m | €29.6m | -€978,814.00 | n/a | -20.3x | 0.7x |
| Tue, 13 Feb 2024 | €20.4m | €29.8m | -€978,814.00 | n/a | -20.9x | 0.7x |
| Thu, 11 Jan 2024 | €36.3m | €56.2m | -€3,759,652.00 | n/a | -9.7x | 0.6x |
| Sat, 09 Dec 2023 | €36.4m | €56.2m | -€3,759,652.00 | n/a | -9.7x | 0.6x |
| Mon, 06 Nov 2023 | €46.1m | €62.3m | €135.0k | 9x | 341.7x | 0.7x |
| Wed, 04 Oct 2023 | €47.8m | €62.3m | €135.0k | 9.5x | 353.8x | 0.8x |
| Fri, 01 Sep 2023 | €47.6m | €62.3m | €135.0k | 9.5x | 352.7x | 0.8x |
| Sun, 30 Jul 2023 | €46.3m | €62.0m | €280.7k | 8.7x | 164.9x | 0.7x |
| Tue, 27 Jun 2023 | €49.7m | €62.0m | €280.7k | 9.6x | 177.1x | 0.8x |
| Thu, 25 May 2023 | €51.8m | €68.6m | €395.7k | 10.2x | 130.8x | 0.8x |
| Sat, 22 Apr 2023 | €55.2m | €66.9m | €3.9m | 6.5x | 14x | 0.8x |
Price to Earnings Ratio
14x
Current Industry PE
- There is only one company in the Latvian Information Technology 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 Information Technology industry have declined 24% per year over the last three years,
- Revenues have also declined 20% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Latvian Tech sector?
| LV Market | 2.04% | |
| Tech | -3.35% | |
| Electronic Equipment and Components | 0% | 0 |
| Communications | -3.35% | |
Industry PE
- Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Communications industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
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 | |
|---|---|---|---|---|---|
| No data available | |||||