Maltese (MSE) Market Analysis & Valuation

UpdatedMay 06, 2026

DataAggregated Company Financials

Companies33

7D1.0%
3M6.5%
1Y4.6%
YTD5.3%

Over the last 7 days, the market has risen 1.0%, driven by gains of 0.9% in the Financials sector. As for the past 12 months, the market is up 4.6%.

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 06 May 2026	€5.2b	€2.6b	€459.2m	12.7x	11.3x	2x
Fri, 03 Apr 2026	€5.2b	€2.6b	€447.1m	15.7x	11.6x	2x
Sun, 01 Mar 2026	€5.1b	€2.6b	€462.2m	15.1x	11x	2x
Tue, 27 Jan 2026	€4.8b	€2.6b	€462.2m	13.9x	10.5x	1.9x
Thu, 25 Dec 2025	€4.8b	€2.6b	€479.5m	13.6x	9.9x	1.8x
Sat, 22 Nov 2025	€4.9b	€2.6b	€477.0m	14.4x	10.2x	1.9x
Mon, 20 Oct 2025	€4.8b	€2.6b	€480.0m	13.2x	9.9x	1.8x
Wed, 17 Sep 2025	€4.8b	€2.6b	€478.6m	13.6x	10x	1.9x
Fri, 15 Aug 2025	€4.9b	€2.5b	€464.9m	13.5x	10.5x	1.9x
Sun, 13 Jul 2025	€4.8b	€2.5b	€482.3m	14.7x	9.9x	1.9x
Tue, 10 Jun 2025	€4.8b	€2.5b	€482.0m	14.2x	10x	1.9x
Thu, 08 May 2025	€4.8b	€2.5b	€482.1m	14.3x	10x	1.9x
Sat, 05 Apr 2025	€5.0b	€2.5b	€468.1m	13.7x	10.8x	2x
Mon, 03 Mar 2025	€5.0b	€2.5b	€467.1m	13.9x	10.7x	2x
Wed, 29 Jan 2025	€4.8b	€2.5b	€465.7m	14.2x	10.3x	2x
Fri, 27 Dec 2024	€4.8b	€2.5b	€456.5m	14.4x	10.5x	1.9x
Sun, 24 Nov 2024	€4.8b	€2.5b	€456.9m	14.6x	10.6x	1.9x
Tue, 22 Oct 2024	€4.8b	€2.5b	€458.4m	14.4x	10.4x	1.9x
Thu, 19 Sep 2024	€4.9b	€2.5b	€461.0m	14.8x	10.6x	2x
Sat, 17 Aug 2024	€5.0b	€2.5b	€468.7m	14.8x	10.6x	2x
Mon, 15 Jul 2024	€4.7b	€2.4b	€425.3m	13.8x	11x	2x
Wed, 12 Jun 2024	€4.7b	€2.4b	€420.5m	14.7x	11.1x	2x
Fri, 10 May 2024	€4.8b	€2.4b	€428.6m	15.4x	11.1x	2x
Sun, 07 Apr 2024	€4.7b	€2.3b	€433.2m	15.2x	10.9x	2x
Tue, 05 Mar 2024	€4.9b	€2.2b	€437.7m	14.5x	11.1x	2.2x
Thu, 01 Feb 2024	€4.8b	€2.2b	€426.1m	14.8x	11.2x	2.2x
Sat, 30 Dec 2023	€5.0b	€2.2b	€426.1m	15.7x	11.7x	2.3x
Mon, 27 Nov 2023	€4.6b	€2.2b	€422.6m	13.2x	10.9x	2.1x
Wed, 25 Oct 2023	€4.6b	€2.1b	€384.4m	13x	11.9x	2.1x
Fri, 22 Sep 2023	€4.7b	€2.1b	€382.7m	14.5x	12.3x	2.2x
Sun, 20 Aug 2023	€4.8b	€2.1b	€360.7m	16.5x	13.4x	2.3x
Tue, 18 Jul 2023	€4.8b	€1.9b	€194.9m	17.6x	24.6x	2.5x
Thu, 15 Jun 2023	€4.7b	€1.9b	€185.1m	17.1x	25.3x	2.5x
Sat, 13 May 2023	€4.7b	€1.8b	€175.6m	20x	26.6x	2.6x

Price to Earnings Ratio

26.6x

Sat, 13 May 2023

Current Market PE

Investors are relatively neutral on the Maltese 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 11.9x.

Past Earnings Growth

The earnings for Maltese listed companies have grown 38% per year over the last three years.
Revenues for these companies have grown 13% 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	1.04%
Consumer Staples	3.93%
Tech	3.90%
Industrials	1.58%
Consumer Discretionary	1.48%
Financials	0.86%
Telecom	0.80%
Energy	0%	0
Real Estate	-2.47%

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 close to its 3-year average of 8.2x.

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
SFC Simonds Farsons Cisk	€6.20	7.8% +€16.2m	1.6%	PE12.7x	Consumer Staples
MIA Malta International Airport	€6.15	1.7% +€13.5m	4.2%	PE17.1x	Industrials
BOV Bank of Valletta	€2.09	0.5% +€6.4m	18.5%	PB0.9x	Financials
LOM Lombard Bank Malta	€0.78	5.4% +€6.2m	2.6%	PB0.5x	Financials
APS APS Bank	€0.54	1.9% +€4.9m	-3.6%	PB0.7x	Financials