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Maltese (MSE) Tech Sector Analysis

UpdatedDec 14, 2025
DataAggregated Company Financials
Companies5
  • 7D-0.9%
  • 3M-8.1%
  • 1Y-26.2%
  • YTD-21.6%

The Tech is pretty flat in the last 7 days, but Loqus Holdings has stood out, gaining 28%. As for the longer term, the industry has declined 26% in the last year.

Sector Valuation and Performance

Has the Maltese Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025€183.9m€122.7m€5.4m24.5x33.9x1.5x
Tue, 11 Nov 2025€175.0m€122.7m€5.4m24.6x32.3x1.4x
Thu, 09 Oct 2025€183.9m€127.8m€7.6m36.3x24.2x1.4x
Sat, 06 Sep 2025€187.5m€127.8m€7.6m36.3x24.7x1.5x
Mon, 04 Aug 2025€203.2m€125.6m€7.7m15.2x26.2x1.6x
Wed, 02 Jul 2025€192.5m€125.6m€7.7m16.7x24.9x1.5x
Fri, 30 May 2025€206.0m€125.6m€7.7m16.9x26.6x1.6x
Sun, 27 Apr 2025€230.4m€113.4m€8.1m18x28.4x2x
Tue, 25 Mar 2025€210.5m€102.3m€7.2m16.1x29.2x2.1x
Thu, 20 Feb 2025€224.0m€101.9m€7.0m15.2x32.2x2.2x
Sat, 18 Jan 2025€230.3m€101.9m€7.0m15.6x33.1x2.3x
Mon, 16 Dec 2024€205.5m€98.7m€5.1m24.1x40.1x2.1x
Wed, 13 Nov 2024€207.4m€98.7m€5.1m26x40.5x2.1x
Fri, 11 Oct 2024€218.5m€98.0m€5.5m27.5x40x2.2x
Sun, 08 Sep 2024€224.4m€98.0m€5.5m27.5x41.1x2.3x
Tue, 06 Aug 2024€258.5m€83.5m€5.0m20.9x51.9x3.1x
Thu, 04 Jul 2024€261.0m€79.4m€3.9m15.1x67x3.3x
Sat, 01 Jun 2024€290.4m€79.4m€3.9m16.2x74.6x3.7x
Mon, 29 Apr 2024€342.8m€91.3m€1.4m24.9x248.8x3.8x
Wed, 27 Mar 2024€334.1m€91.3m€1.4m25.1x242.4x3.7x
Fri, 23 Feb 2024€364.6m€90.2m€3.2m14.5x114.7x4x
Sun, 21 Jan 2024€360.5m€90.2m€3.2m15.1x113.4x4x
Tue, 19 Dec 2023€355.2m€90.2m€3.2m15.2x111.7x3.9x
Thu, 16 Nov 2023€357.8m€90.2m€3.2m15.6x112.5x4x
Sat, 14 Oct 2023€385.5m€89.6m€3.7m15.9x105.1x4.3x
Mon, 11 Sep 2023€396.2m€90.7m€4.2m15.2x94.2x4.4x
Wed, 09 Aug 2023€403.1m€91.8m€8.0m15.9x50.4x4.4x
Fri, 07 Jul 2023€442.6m€89.6m€8.0m23.2x55.3x4.9x
Sun, 04 Jun 2023€368.0m€89.6m€8.0m16.1x46x4.1x
Tue, 02 May 2023€372.7m€91.2m€11.6m20.2x32.2x4.1x
Thu, 30 Mar 2023€371.5m€90.5m€12.0m16.8x30.9x4.1x
Sat, 25 Feb 2023€381.6m€90.4m€12.3m16.6x31x4.2x
Mon, 23 Jan 2023€386.6m€90.4m€12.3m16.8x31.4x4.3x
Wed, 21 Dec 2022€388.7m€90.4m€12.3m16x31.5x4.3x
Price to Earnings Ratio

31.5x


Total Market Cap: €388.7mTotal Earnings: €12.3mTotal Revenue: €90.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Maltese Tech Sector Price to Earnings3Y Average 60.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Maltese Information Technology 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 34.1x which is lower than its 3-year average PE of 60.9x.
  • The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 24% per year 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Maltese Tech sector?

MT Market-0.73%
Tech-0.94%
Communications0%0
Software-0.58%
IT-2.78%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 17.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
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?

CompanyLast Price7D1YValuation
LQS Loqus Holdings€0.2327.8%
+€1.6m
n/aPE62.4x
HRV Harvest Technology€0.654.8%
+€683.4k
-23.5%PE33.7x