RS2 Software's (MTSE:RS2) Promising Earnings May Rest On Soft Foundations
RS2 Software p.l.c.'s ( MTSE:RS2 ) robust earnings report didn't manage to move the market for its stock. Our analysis...
Maltese (MSE) Market Analysis & Valuation
UpdatedMay 24, 2022
DataAggregated Company Financials
Companies31
- 7D-0.4%
- 3M-1.0%
- 1Y-7.5%
- YTD-2.8%
The market has stayed flat over the 7 days. Unfortunately though, the market is down 7.5% 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 |
|---|---|---|---|---|
| Wed, 25 May 2022 | €4.6b | €1.7b | €82.9m | 21x |
| Fri, 22 Apr 2022 | €4.4b | €1.6b | €46.3m | 20.7x |
| Sun, 20 Mar 2022 | €4.5b | €1.5b | €23.8m | 20.8x |
| Tue, 15 Feb 2022 | €4.3b | €1.5b | €19.5m | 20.5x |
| Thu, 13 Jan 2022 | €4.4b | €1.5b | €19.5m | 22.3x |
| Sat, 11 Dec 2021 | €4.3b | €1.5b | €23.2m | 23.4x |
| Mon, 08 Nov 2021 | €4.4b | €1.5b | €23.2m | 24.5x |
| Wed, 06 Oct 2021 | €4.4b | €1.5b | €22.5m | 25.5x |
| Fri, 03 Sep 2021 | €4.4b | €1.5b | €19.1m | 25.2x |
| Sun, 01 Aug 2021 | €4.3b | €1.5b | €18.8m | 22.1x |
| Wed, 05 May 2021 | €4.5b | €1.5b | -€13,148,708.00 | 25.8x |
| Sat, 06 Feb 2021 | €4.5b | €1.4b | -€32,528,549.00 | 25.1x |
| Tue, 10 Nov 2020 | €3.9b | €1.7b | €7.1m | 25x |
| Mon, 03 Aug 2020 | €4.4b | €1.9b | €54.2m | 24x |
| Thu, 07 May 2020 | €4.5b | €2.0b | €153.2m | 21.5x |
| Sun, 09 Feb 2020 | €5.2b | €2.1b | €239.2m | 22.2x |
| Sat, 02 Nov 2019 | €5.4b | €1.8b | €258.9m | 22.9x |
| Tue, 06 Aug 2019 | €5.4b | €1.8b | €279.2m | 22.6x |
Median PE Ratio
22.4x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 23.2x.
Past Earnings Growth
- The earnings for Maltese listed companies have declined 31% per year over the last three years.
- Meanwhile revenues have been flat.
- This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.
Sector Trends
Which sectors have driven the changes within the Maltese Market?
| MT Market | -0.39% | |
| Telecom | 1.90% | |
| Industrials | 1.42% | |
| Consumer Discretionary | 1.16% | |
| Real Estate | 0.67% | |
| Energy | 0% | |
| Materials | 0% | |
| Healthcare | 0% | |
| Utilities | 0% | |
| Tech | -1.11% | |
| Consumer Staples | -1.25% | |
| Financials | -2.74% | |
Sector PE
- Investors are most optimistic about the Industrials sector which is trading above its 3-year average PE ratio of 36.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Financials sector, which is trading below its 3-year average of 20.0x.
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 | |
|---|---|---|---|---|---|---|
| MIA Malta International Airport | €5.90 | 1.7% +€13.5m | -8.5% | PS114.5x | Industrials | |
| GO GO | €3.22 | 1.9% +€6.1m | -8.5% | PS32.9x | Telecom | |
| VBL VBL | €0.28 | 7.8% +€4.9m | n/a | PB1.2x | Real Estate | |
| HLI Hili Properties | €0.25 | 0.8% +€801.8k | n/a | PB0.9x | Real Estate |
