Header cover image

Maltese (MSE) Market Analysis & Valuation

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies33
  • 7D0.4%
  • 3M4.8%
  • 1Y0.7%
  • YTD3.9%

In the last week, the market has been flat, with a notable exception in the Information Technology sector dropping 4.0%. In line with that, the market has also been flat over the past year.

Market Valuation and Performance

Has the Maltese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Mar 2026€5.1b€2.6b€445.7m15.1x11.4x2x
Fri, 06 Feb 2026€4.8b€2.6b€462.2m13.9x10.5x1.9x
Sun, 04 Jan 2026€4.8b€2.6b€462.2m14.8x10.5x1.9x
Tue, 02 Dec 2025€4.9b€2.6b€477.8m14.4x10.2x1.9x
Thu, 30 Oct 2025€4.7b€2.6b€477.2m14.2x10x1.8x
Sat, 27 Sep 2025€4.8b€2.6b€479.1m13.6x10x1.8x
Mon, 25 Aug 2025€4.8b€2.5b€464.9m13.6x10.4x1.9x
Wed, 23 Jul 2025€4.8b€2.5b€480.9m14.4x10x1.9x
Fri, 20 Jun 2025€4.9b€2.5b€482.0m14x10.1x1.9x
Sun, 18 May 2025€4.9b€2.5b€480.8m15x10.1x1.9x
Tue, 15 Apr 2025€4.9b€2.5b€473.3m13.9x10.4x2x
Thu, 13 Mar 2025€5.0b€2.5b€473.0m13.8x10.5x2x
Sat, 08 Feb 2025€4.8b€2.5b€465.7m14.2x10.4x2x
Mon, 06 Jan 2025€4.8b€2.4b€453.1m14.3x10.6x2x
Wed, 04 Dec 2024€4.8b€2.5b€456.9m14.4x10.5x1.9x
Fri, 01 Nov 2024€4.8b€2.5b€457.9m14.3x10.5x1.9x
Sun, 29 Sep 2024€4.8b€2.5b€462.3m14.5x10.5x1.9x
Tue, 27 Aug 2024€4.9b€2.5b€468.4m14.8x10.5x2x
Thu, 25 Jul 2024€4.7b€2.4b€426.0m14.5x11.1x2x
Sat, 22 Jun 2024€4.7b€2.4b€420.5m14.9x11.2x2x
Mon, 20 May 2024€4.8b€2.4b€427.8m15.1x11.1x2x
Wed, 17 Apr 2024€4.7b€2.3b€431.3m15.2x10.9x2x
Fri, 15 Mar 2024€4.8b€2.2b€437.7m14.9x10.9x2.1x
Sun, 11 Feb 2024€4.7b€2.2b€425.8m14.5x11x2.2x
Tue, 09 Jan 2024€4.9b€2.2b€426.1m15.7x11.5x2.2x
Thu, 07 Dec 2023€4.7b€2.2b€425.9m13.6x11x2.2x
Sat, 04 Nov 2023€4.6b€2.1b€394.4m13x11.7x2.2x
Mon, 02 Oct 2023€4.7b€2.1b€383.9m14.3x12.3x2.2x
Wed, 30 Aug 2023€4.7b€2.2b€387.8m15.9x12.2x2.2x
Fri, 28 Jul 2023€4.8b€1.9b€194.9m18.1x24.5x2.5x
Sun, 25 Jun 2023€4.7b€1.9b€185.1m17.4x25.5x2.5x
Tue, 23 May 2023€4.7b€1.9b€186.0m17.2x25x2.5x
Thu, 20 Apr 2023€4.5b€1.8b€172.7m19.3x26.1x2.5x
Sat, 18 Mar 2023€4.6b€2.1b€104.8m19.7x44x2.2x
Price to Earnings Ratio

44x


Total Market Cap: €4.6bTotal Earnings: €104.8mTotal Revenue: €2.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Maltese Market Price to Earnings3Y Average 13.2x202420252026
Current Market PE
  • Investors are pessimistic on the Maltese market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 11.4x which is lower than its 3-year average PE of 13.2x.
Past Earnings Growth
  • The earnings for Maltese listed companies have grown 62% per year over the last three years.
  • Revenues for these companies have grown 6.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Maltese Market?

MT Market0.44%
Industrials1.27%
Financials1.00%
Energy0%0
Telecom0%0
Real Estate-0.13%
Consumer Staples-0.51%
Consumer Discretionary-0.57%
Tech-3.97%
Sector PE
  • Investors favour the Tech sector the most for future growth even though it's trading below its 3-year average PE ratio of 61.1x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 9.4x.
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?

CompanyLast Price7D1YValuationSector
APS APS Bank€0.522.0%
+€3.8m
-16.1%PB0.7xFinancials
MPC Malta Properties€0.437.5%
+€3.0m
23.6%PE29.3xReal Estate
BMIT BMIT Technologies€0.304.9%
+€3.0m
-7.5%PE16.4xTech
GO GO€2.520.8%
+€2.0m
-3.8%PE15.1xTelecom
VBL VBL€0.193.9%
+€1.7m
13.9%PE18.5xReal Estate
See more

Latest News