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Portuguese (PSI) Market Analysis & Valuation

UpdatedMay 26, 2024
DataAggregated Company Financials
Companies45
  • 7D-0.4%
  • 3M9.3%
  • 1Y2.6%
  • YTD-1.9%

The Healthcare sector gained 15% while the market remained flat over the last week. Similarly, the market is flat for the past 12 months. Earnings are forecast to grow by 5.3% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 May 2024€81.5b€103.9b€5.7b13.6x14.2x0.8x
Tue, 23 Apr 2024€73.8b€102.6b€5.8b11x12.7x0.7x
Thu, 21 Mar 2024€72.8b€102.5b€5.7b12.7x12.7x0.7x
Sat, 17 Feb 2024€76.0b€101.9b€5.6b11.9x13.5x0.7x
Mon, 15 Jan 2024€82.9b€103.1b€5.8b11.8x14.4x0.8x
Wed, 13 Dec 2023€81.8b€103.3b€5.8b11x14.1x0.8x
Fri, 10 Nov 2023€79.0b€104.7b€5.6b10.9x14.2x0.8x
Sun, 08 Oct 2023€72.7b€105.8b€5.5b9.8x13.2x0.7x
Tue, 05 Sep 2023€79.4b€106.0b€5.6b9.3x14.3x0.7x
Thu, 03 Aug 2023€78.1b€104.9b€5.3b9.9x14.8x0.7x
Sat, 01 Jul 2023€80.3b€106.6b€6.3b9.6x12.7x0.8x
Mon, 29 May 2023€79.4b€106.5b€6.3b9.8x12.6x0.7x
Wed, 26 Apr 2023€83.0b€105.9b€5.5b9.5x15.1x0.8x
Fri, 24 Mar 2023€78.8b€104.2b€5.6b9.3x14.2x0.8x
Sun, 19 Feb 2023€79.3b€103.0b€5.5b9.3x14.3x0.8x
Tue, 17 Jan 2023€81.5b€101.3b€5.1b9.3x15.9x0.8x
Thu, 15 Dec 2022€80.3b€101.3b€5.1b8.8x15.7x0.8x
Sat, 12 Nov 2022€78.3b€100.9b€5.0b9.2x15.6x0.8x
Mon, 10 Oct 2022€74.3b€93.5b€4.1b9.4x18.2x0.8x
Wed, 07 Sep 2022€82.7b€93.1b€4.0b11.4x20.5x0.9x
Fri, 05 Aug 2022€84.3b€92.7b€4.0b11.6x21.2x0.9x
Sun, 03 Jul 2022€81.9b€85.0b€2.7b12.9x29.8x1x
Tue, 31 May 2022€82.9b€84.9b€2.7b16.1x30.5x1x
Thu, 28 Apr 2022€79.9b€78.5b€2.9b16.7x27.2x1x
Sat, 26 Mar 2022€78.9b€78.3b€3.0b17.8x26.2x1x
Mon, 21 Feb 2022€72.2b€75.5b€2.7b15.2x26.5x1x
Wed, 19 Jan 2022€74.9b€73.5b€2.6b15.3x28.6x1x
Fri, 17 Dec 2021€75.7b€73.5b€2.6b16x28.9x1x
Sun, 14 Nov 2021€78.9b€73.2b€2.6b16.2x30.4x1.1x
Tue, 12 Oct 2021€74.4b€70.2b€2.8b15.7x26.4x1.1x
Thu, 09 Sep 2021€74.3b€70.2b€2.8b16.1x26.3x1.1x
Sat, 07 Aug 2021€70.5b€70.0b€2.8b16x25x1x
Price to Earnings Ratio

29x


Total Market Cap: €70.7bTotal Earnings: €2.4bTotal Revenue: €66.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Portuguese Market Price to Earnings3Y Average 20x202220232024
Current Market PE
  • Investors are pessimistic on the Portuguese market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 14.2x which is lower than its 3-year average PE of 20.0x.
Past Earnings Growth
  • The earnings for Portuguese listed companies have grown 33% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Portuguese Market?

PT Market-0.44%
Healthcare15.38%
Energy3.15%
Financials2.65%
Industrials2.51%
Tech0.57%
Consumer Staples0.43%
Materials-1.21%
Real Estate-1.42%
Telecom-1.75%
Consumer Discretionary-2.39%
Utilities-2.74%
Sector PE
  • Investors favour the Utilities sector the most for future growth even though it's trading below its 3-year average PE ratio of 27.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 12.6% which is higher than its past year's earnings decline of 14.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 2.3% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 8.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
GALP Galp Energia SGPS€19.823.1%
+€467.7m
90.7%PE12.1xEnergy
BCP Banco Comercial Português€0.362.7%
+€142.1m
71.0%PB0.8xFinancials
SON Sonae SGPS€0.974.2%
+€75.3m
5.3%PE5.1xConsumer Staples
EGL Mota-Engil SGPS€3.963.1%
+€36.1m
104.3%PE10.5xIndustrials
SEM Semapa - Sociedade de Investimento e Gestão SGPS€16.441.5%
+€16.3m
17.3%PE4.6xMaterials
See more
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Latest News

RAM

€6.64

Ramada Investimentos e Industria

7D

-7.8%

1Y

0.9%

SON

€0.97

Sonae SGPS

7D

4.2%

1Y

5.3%

MLFMV

€1.50

Farminveste S.G.P.S

7D

15.4%

1Y

7.1%

GALP

€19.82

Galp Energia SGPS

7D

3.1%

1Y

90.7%

SNC

€2.42

Sonaecom SGPS

7D

-3.2%

1Y

-2.0%

NOS

€3.35

NOS S.G.P.S

7D

-1.5%

1Y

-5.8%

CTT

€4.37

CTT - Correios De Portugal

7D

0.8%

1Y

31.4%

BCP

€0.36

Banco Comercial Português

7D

2.7%

1Y

71.0%

COR

€9.54

Corticeira Amorim S.G.P.S

7D

-1.3%

1Y

-5.9%

JMT

€20.50

Jerónimo Martins SGPS

7D

-0.1%

1Y

-9.0%

MAR

€1.78

Martifer SGPS

7D

6.0%

1Y

58.9%