Maltese (MSE) Banks Industry Analysis
UpdatedJun 01, 2023
DataAggregated Company Financials
Companies5
- 7D9.6%
- 3M19.7%
- 1Y35.8%
- YTD36.4%
All of the companies in the Banks industry have been up over the last week, with the industry up 6.2%. In the last 12 months, the industry was up 32%.
Industry Valuation and Performance
Has the Maltese Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Jun 2023 | €1.6b | €658.9m | €64.3m | 17.1x | 24.1x | 2.4x |
| Sat, 29 Apr 2023 | €1.4b | €656.5m | €62.0m | 14.4x | 22.3x | 2.1x |
| Mon, 27 Mar 2023 | €1.3b | €563.0m | €16.4m | 9.4x | 79.3x | 2.3x |
| Wed, 22 Feb 2023 | €1.3b | €579.8m | €19.6m | 16.5x | 66.3x | 2.2x |
| Fri, 20 Jan 2023 | €1.2b | €579.8m | €19.6m | 12.8x | 62.3x | 2.1x |
| Sun, 18 Dec 2022 | €1.2b | €579.8m | €19.6m | 11.9x | 59.5x | 2x |
| Tue, 15 Nov 2022 | €1.2b | €579.8m | €19.6m | 12x | 60.9x | 2.1x |
| Thu, 13 Oct 2022 | €1.2b | €564.2m | €13.0m | 13.1x | 94.4x | 2.2x |
| Sat, 10 Sep 2022 | €1.2b | €564.2m | €13.0m | 13.1x | 93.8x | 2.2x |
| Mon, 08 Aug 2022 | €1.2b | €575.1m | €25.1m | 12.7x | 47.9x | 2.1x |
| Wed, 06 Jul 2022 | €1.2b | €558.2m | €91.5m | 14.1x | 13.5x | 2.2x |
| Fri, 03 Jun 2022 | €986.7m | €493.6m | €76.9m | 12.1x | 12.8x | 2x |
| Sun, 01 May 2022 | €921.0m | €493.6m | €76.9m | 12.2x | 12x | 1.9x |
| Tue, 29 Mar 2022 | €975.1m | €393.4m | €20.8m | 17.2x | 46.8x | 2.5x |
| Thu, 24 Feb 2022 | €1.1b | €393.4m | €20.8m | 20.2x | 50.5x | 2.7x |
| Sat, 22 Jan 2022 | €1.0b | €393.4m | €20.8m | 18.9x | 49.9x | 2.6x |
| Mon, 20 Dec 2021 | €1.1b | €393.4m | €20.8m | 17.9x | 52.4x | 2.8x |
| Wed, 17 Nov 2021 | €1.1b | €393.4m | €20.8m | 16.4x | 52.1x | 2.8x |
| Fri, 15 Oct 2021 | €1.1b | €393.4m | €20.8m | 16.6x | 53.1x | 2.8x |
| Sun, 12 Sep 2021 | €1.1b | €393.4m | €20.8m | 16.4x | 53.3x | 2.8x |
| Tue, 10 Aug 2021 | €1.1b | €389.4m | €20.7m | 16.2x | 52.3x | 2.8x |
| Mon, 03 May 2021 | €1.1b | €363.3m | €903.0k | 22.9x | 1175.2x | 2.9x |
| Thu, 04 Feb 2021 | €1.2b | €337.2m | -€18,884,575.00 | 39.5x | -63.4x | 3.5x |
| Sun, 08 Nov 2020 | €1.0b | €390.5m | €5.3m | 20.9x | 189.6x | 2.6x |
| Sat, 01 Aug 2020 | €1.2b | €443.9m | €29.6m | 16.2x | 40.5x | 2.7x |
Price to Earnings Ratio
19.7x
Current Industry PE
- Investors are pessimistic on the Maltese Banks 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 23.7x which is lower than its 3-year average PE of 150x.
- The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Maltese Financials industry?
| MT Market | 2.66% | |
| Financials | 8.40% | |
| Banks | 9.61% | |
| Diversified Banks | 9.82% | |
| Regional Banks | 6.32% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 24.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 11.2x.
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 | €1.25 | 15.7% +€61.3m | 66.7% | PB0.9x | |
| BOV Bank of Valletta | €1.19 | 9.2% +€58.4m | 33.7% | PB0.6x | |
| APS APS Bank | €0.62 | 5.1% +€11.0m | n/a | PB0.9x | |
| LOM Lombard Bank Malta | €1.01 | 6.3% +€5.4m | 11.9% | PB0.7x |