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Latvian (OMX) Tech Sector Analysis

UpdatedMay 31, 2026
DataAggregated Company Financials
Companies1
  • 7D4.3%
  • 3M11.2%
  • 1Y81.7%
  • YTD51.8%

Over the last 7 days, the Tech industry has risen 4.3%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 82%.

Sector Valuation and Performance

Has the Latvian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 31 May 2026€32.4m€33.8m€1.7m18.5x18.5x1x
Tue, 28 Apr 2026€27.4m€33.8m€1.7m15.7x15.7x0.8x
Thu, 26 Mar 2026€29.0m€33.8m€1.7m16.6x16.6x0.9x
Sat, 21 Feb 2026€29.9m€33.8m€1.7m17.1x17.1x0.9x
Mon, 19 Jan 2026€25.1m€25.3m-€763,990.00n/a-32.8x1x
Wed, 17 Dec 2025€20.6m€25.3m-€763,990.00n/a-27x0.8x
Fri, 14 Nov 2025€19.2m€26.0m-€642,642.00n/a-29.9x0.7x
Sun, 12 Oct 2025€17.0m€26.1m-€820,219.00n/a-20.8x0.7x
Tue, 09 Sep 2025€16.9m€26.1m-€820,219.00n/a-20.6x0.6x
Thu, 07 Aug 2025€17.6m€26.9m-€383,452.00n/a-45.9x0.7x
Sat, 05 Jul 2025€17.3m€26.9m-€383,452.00n/a-45.1x0.6x
Mon, 02 Jun 2025€17.8m€26.9m-€383,452.00n/a-46.5x0.7x
Wed, 30 Apr 2025€18.1m€28.4m-€376,202.00n/a-48.2x0.6x
Fri, 28 Mar 2025€19.0m€28.4m-€376,202.00n/a-50.5x0.7x
Sun, 23 Feb 2025€18.4m€28.4m-€376,202.00n/a-49x0.6x
Tue, 21 Jan 2025€17.5m€30.2m-€81,984.00n/a-213.7x0.6x
Thu, 19 Dec 2024€15.3m€30.2m-€81,984.00n/a-186.9x0.5x
Sat, 16 Nov 2024€17.1m€29.4m-€103,393.00n/a-165.5x0.6x
Mon, 14 Oct 2024€16.8m€27.1m-€2,390,773.00n/a-7x0.6x
Wed, 11 Sep 2024€14.9m€27.1m-€2,390,773.00n/a-6.2x0.6x
Fri, 09 Aug 2024€14.6m€29.8m-€947,267.00n/a-15.4x0.5x
Sun, 07 Jul 2024€15.0m€29.8m-€947,267.00n/a-15.9x0.5x
Tue, 04 Jun 2024€16.1m€29.8m-€947,267.00n/a-17x0.5x
Thu, 02 May 2024€18.4m€29.6m-€978,814.00n/a-18.8x0.6x
Sat, 30 Mar 2024€19.6m€29.6m-€978,814.00n/a-20x0.7x
Mon, 26 Feb 2024€19.9m€29.6m-€978,814.00n/a-20.3x0.7x
Wed, 24 Jan 2024€35.4m€56.2m-€3,759,652.00n/a-9.4x0.6x
Fri, 22 Dec 2023€36.3m€56.2m-€3,759,652.00n/a-9.6x0.6x
Sun, 19 Nov 2023€37.1m€56.2m-€3,759,652.00n/a-9.9x0.7x
Tue, 17 Oct 2023€46.7m€62.3m€135.0k9.2x346.1x0.8x
Thu, 14 Sep 2023€48.4m€62.3m€135.0k9.6x358.3x0.8x
Sat, 12 Aug 2023€46.0m€62.0m€280.7k8.8x163.8x0.7x
Mon, 10 Jul 2023€49.1m€62.0m€280.7k9.5x174.9x0.8x
Wed, 07 Jun 2023€51.6m€62.0m€280.7k10.2x183.9x0.8x
Price to Earnings Ratio

183.9x


Total Market Cap: €51.6mTotal Earnings: €280.7kTotal Revenue: €62.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Latvian Tech Sector Price to Earnings3Y Average 8x202420252026
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 grown 84% per year over the last three years.
  • Meanwhile revenues for these companies have declined 18% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Latvian Tech sector?

LV Market0.71%
Tech4.31%
Communications4.31%
Electronic Equipment and Components0%0
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?

CompanyLast Price7D1YValuation
SAF1R SAF Tehnika€10.904.3%
+€1.3m		81.7%PE18.5x

Latest News

SAF1R
€10.90
SAF Tehnika
7D
4.3%
1Y
81.7%