Maltese (MSE) Market Analysis & Valuation

UpdatedDec 06, 2025

DataAggregated Company Financials

Companies32

7D-0.3%
3M-0.9%
1Y0.4%
YTD1.1%

The market has stayed flat over the 7 days. 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?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 06 Dec 2025	€4.8b	€2.6b	€477.8m	14.5x	10.1x	1.9x
Mon, 03 Nov 2025	€4.8b	€2.6b	€477.2m	14.2x	10x	1.8x
Wed, 01 Oct 2025	€4.7b	€2.6b	€479.2m	13.5x	9.9x	1.8x
Fri, 29 Aug 2025	€4.8b	€2.5b	€464.5m	13.7x	10.4x	1.9x
Sun, 27 Jul 2025	€4.8b	€2.5b	€480.9m	13.9x	9.9x	1.9x
Tue, 24 Jun 2025	€4.8b	€2.5b	€482.0m	13.6x	10x	1.9x
Thu, 22 May 2025	€4.8b	€2.5b	€480.8m	14.4x	10x	1.9x
Sat, 19 Apr 2025	€4.9b	€2.5b	€469.0m	13.9x	10.5x	2x
Mon, 17 Mar 2025	€5.0b	€2.5b	€474.2m	13.7x	10.5x	2x
Wed, 12 Feb 2025	€4.8b	€2.5b	€465.7m	14.1x	10.3x	2x
Fri, 10 Jan 2025	€4.8b	€2.5b	€465.7m	14x	10.4x	2x
Sun, 08 Dec 2024	€4.8b	€2.5b	€456.9m	14.4x	10.5x	1.9x
Tue, 05 Nov 2024	€4.9b	€2.5b	€457.9m	14.2x	10.6x	2x
Thu, 03 Oct 2024	€4.8b	€2.5b	€462.3m	14.6x	10.5x	1.9x
Sat, 31 Aug 2024	€4.9b	€2.5b	€458.8m	14.8x	10.7x	2x
Mon, 29 Jul 2024	€4.7b	€2.4b	€422.0m	14.5x	11.2x	2x
Wed, 26 Jun 2024	€4.7b	€2.4b	€420.5m	14.9x	11.2x	2x
Fri, 24 May 2024	€4.7b	€2.4b	€427.8m	15.1x	11x	2x
Sun, 21 Apr 2024	€4.7b	€2.3b	€409.2m	15.3x	11.5x	2x
Tue, 19 Mar 2024	€4.7b	€2.2b	€434.8m	14.9x	10.9x	2.1x
Thu, 15 Feb 2024	€4.7b	€2.2b	€425.8m	14.8x	11.1x	2.2x
Sat, 13 Jan 2024	€4.9b	€2.2b	€426.1m	15.5x	11.4x	2.2x
Mon, 11 Dec 2023	€4.7b	€2.2b	€425.9m	13.6x	11x	2.1x
Wed, 08 Nov 2023	€4.6b	€2.2b	€418.9m	13.4x	10.9x	2.1x
Fri, 06 Oct 2023	€4.7b	€2.1b	€383.9m	14.3x	12.2x	2.2x
Sun, 03 Sep 2023	€4.8b	€2.2b	€387.0m	15.6x	12.3x	2.2x
Tue, 01 Aug 2023	€4.8b	€2.1b	€322.9m	16.3x	14.9x	2.3x
Thu, 29 Jun 2023	€4.8b	€1.9b	€194.9m	17.6x	24.5x	2.5x
Sat, 27 May 2023	€4.7b	€1.9b	€189.5m	17.2x	24.6x	2.5x
Mon, 24 Apr 2023	€4.6b	€1.8b	€173.0m	19.3x	26.3x	2.5x
Wed, 22 Mar 2023	€4.5b	€2.1b	€104.8m	20.1x	43.3x	2.1x
Fri, 17 Feb 2023	€4.6b	€2.1b	€53.3m	21.2x	86.5x	2.2x
Sun, 15 Jan 2023	€4.6b	€2.1b	€53.3m	20.8x	85.6x	2.2x
Tue, 13 Dec 2022	€4.5b	€2.1b	€54.0m	20.6x	83.7x	2.2x

Price to Earnings Ratio

83.7x

Tue, 13 Dec 2022

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 10.1x which is lower than its 3-year average PE of 19.5x.

Past Earnings Growth

The earnings for Maltese listed companies have grown 107% per year over the last three years.
Revenues for these companies have grown 7.7% 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 Market	-0.25%
Telecom	0.78%
Tech	0.46%
Energy	0%	0
Industrials	0%	0
Financials	-0.01%
Real Estate	-0.042%
Consumer Discretionary	-1.64%
Consumer Staples	-2.14%

Sector PE

Investors favour the Consumer Discretionary sector the most for future growth which is trading above its 3-year average PE ratio.

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 13.4x.

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?

Company	Last Price	7D	1Y	Valuation	Sector
MMS MAPFRE Middlesea	€1.42	5.2% +€6.4m	8.4%	PE9.7x	Financials
MPC Malta Properties	€0.36	9.1% +€3.0m	0%	PE19.3x	Real Estate
GO GO	€2.58	0.8% +€2.0m	-3.7%	PE15.5x	Telecom
BMIT BMIT Technologies	€0.29	1.4% +€846.4k	-15.5%	PE16.1x	Tech
PZC Plaza Centres	€0.68	0.7% +€127.5k	9.7%	PE14x	Real Estate