Maltese (MSE) Financials Sector Analysis
UpdatedSep 21, 2023
DataAggregated Company Financials
Companies9
- 7D1.5%
- 3M0.9%
- 1Y26.3%
- YTD32.4%
Over the last 7 days, the Financials industry has dropped 2.4%, driven by Bank of Valletta declining 0.8%. In contrast, HSBC Bank Malta has gained 6.2%. This takes the industry's 12 month performance to a gain of 25%.
Sector Valuation and Performance
Has the Maltese Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | €1.7b | €858.9m | €232.4m | 9.7x | 7.5x | 2x |
| Sat, 19 Aug 2023 | €1.8b | €942.5m | €232.1m | 8.4x | 7.7x | 1.9x |
| Mon, 17 Jul 2023 | €1.7b | €717.1m | €71.9m | 19.5x | 24.3x | 2.4x |
| Wed, 14 Jun 2023 | €1.7b | €717.1m | €71.9m | 19.6x | 24.3x | 2.4x |
| Fri, 12 May 2023 | €1.7b | €717.1m | €71.9m | 18.8x | 23x | 2.3x |
| Sun, 09 Apr 2023 | €1.5b | €715.4m | €70.3m | 16.9x | 21.2x | 2.1x |
| Tue, 07 Mar 2023 | €1.5b | €1.1b | €26.7m | 17.5x | 57.4x | 1.4x |
| Thu, 02 Feb 2023 | €1.5b | €1.1b | €26.7m | 16.1x | 54.3x | 1.3x |
| Sat, 31 Dec 2022 | €1.4b | €1.1b | €26.7m | 16.8x | 51x | 1.2x |
| Mon, 28 Nov 2022 | €1.4b | €1.1b | €26.7m | 16.2x | 52.5x | 1.3x |
| Wed, 26 Oct 2022 | €1.4b | €1.1b | €30.6m | 19.3x | 47.3x | 1.3x |
| Fri, 23 Sep 2022 | €1.4b | €596.1m | €14.5m | 25.7x | 98.5x | 2.4x |
| Sun, 21 Aug 2022 | €1.4b | €601.8m | €18.4m | 26.2x | 77.6x | 2.4x |
| Tue, 19 Jul 2022 | €1.5b | €590.1m | €93.1m | 15.8x | 15.7x | 2.5x |
| Thu, 16 Jun 2022 | €1.2b | €914.5m | €87.6m | 15.2x | 13.9x | 1.3x |
| Sat, 14 May 2022 | €1.3b | €916.7m | €87.3m | 16x | 14.4x | 1.4x |
| Mon, 11 Apr 2022 | €1.2b | €816.5m | €31.3m | 19.9x | 38.7x | 1.5x |
| Wed, 09 Mar 2022 | €1.3b | €816.5m | €31.3m | 19.9x | 41.9x | 1.6x |
| Fri, 04 Feb 2022 | €1.3b | €816.5m | €31.3m | 20.3x | 41.5x | 1.6x |
| Sun, 02 Jan 2022 | €1.4b | €816.5m | €31.3m | 22.7x | 44.9x | 1.7x |
| Tue, 30 Nov 2021 | €1.3b | €815.9m | €30.7m | 22.2x | 42.6x | 1.6x |
| Thu, 28 Oct 2021 | €1.3b | €815.9m | €30.7m | 22.2x | 44x | 1.7x |
| Sat, 25 Sep 2021 | €1.4b | €815.9m | €30.7m | 22.2x | 44.3x | 1.7x |
| Mon, 23 Aug 2021 | €1.4b | €811.8m | €30.6m | 22.7x | 44.3x | 1.7x |
| Sat, 10 Jul 2021 | €1.3b | €796.0m | €30.2m | 22.1x | 42.6x | 1.6x |
| Fri, 02 Apr 2021 | €1.3b | €770.2m | €9.8m | 23.5x | 134.3x | 1.7x |
| Mon, 04 Jan 2021 | €1.5b | €744.5m | -€10,569,850.00 | 32.5x | -140.6x | 2x |
| Thu, 08 Oct 2020 | €1.2b | €890.3m | €12.5m | 19.6x | 97.4x | 1.4x |
Price to Earnings Ratio
97.4x
Current Industry PE
- Investors are pessimistic on the Maltese Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.5x which is lower than its 3-year average PE of 38.9x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 165% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Maltese Financials sector?
| MT Market | -0.018% | |
| Financials | 1.55% | |
| Banks | 1.70% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Capital Markets | 0% | |
| Insurance | 0% | |
Industry PE
- Investors are most optimistic about the Insurance industry even though it's trading below its 3-year average PE ratio of 47.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 145x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HSB HSBC Bank Malta | €1.20 | 6.2% +€25.2m | 64.4% | PB0.9x |