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Portuguese (PSI) Market Analysis & Valuation

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies45
  • 7D1.0%
  • 3M-4.2%
  • 1Y3.2%
  • YTD2.9%

The market is up 1.0% over the last week, with the Utilities sector leading the way, up 2.4%. On the other hand, with a decline of 3.1%, the Consumer Staples sector is lagging behind. In the last year, the market has climbed 3.2%. As for the next few years, earnings are expected to grow by 4.8% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Dec 2022€80.2b€101.3b€5.1b9x15.7x0.8x
Fri, 04 Nov 2022€77.6b€98.4b€4.8b9.2x16.2x0.8x
Sun, 02 Oct 2022€74.1b€93.5b€4.1b9.4x18.1x0.8x
Tue, 30 Aug 2022€85.3b€92.8b€4.0b11.4x21.2x0.9x
Thu, 28 Jul 2022€83.9b€90.2b€3.6b11.9x23.6x0.9x
Sat, 25 Jun 2022€80.2b€84.9b€2.7b13.7x29.4x0.9x
Mon, 23 May 2022€78.7b€83.6b€2.7b16.2x29.5x0.9x
Wed, 20 Apr 2022€82.2b€77.6b€2.9b18x28x1.1x
Fri, 18 Mar 2022€77.1b€78.3b€2.9b17.5x26.3x1x
Sun, 13 Feb 2022€71.3b€73.6b€2.6b16.3x26.9x1x
Tue, 11 Jan 2022€74.4b€73.5b€2.6b16.2x28.4x1x
Thu, 09 Dec 2021€76.7b€73.5b€2.6b15.9x29.3x1x
Sat, 06 Nov 2021€77.6b€72.1b€2.6b16.3x30x1.1x
Mon, 04 Oct 2021€75.0b€70.2b€2.8b16x26.6x1.1x
Wed, 01 Sep 2021€76.1b€70.0b€2.8b16.7x27x1.1x
Thu, 08 Jul 2021€68.6b€69.9b€2.8b15.2x24.5x1x
Wed, 31 Mar 2021€68.5b€66.7b€2.4b13.2x28.1x1x
Sat, 02 Jan 2021€69.4b€65.2b€1.8b15.9x37.6x1.1x
Tue, 06 Oct 2020€55.7b€67.8b€1.7b18.3x32.8x0.8x
Fri, 10 Jul 2020€57.6b€72.1b€1.7b16.8x34x0.8x
Thu, 02 Apr 2020€53.8b€76.3b€2.6b12.6x20.9x0.7x
Sun, 05 Jan 2020€63.2b€76.1b€3.2b15.2x19.7x0.8x
Price to Earnings Ratio

19.7x


Total Market Cap: €63.2bTotal Earnings: €3.2bTotal Revenue: €76.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Portuguese Market Price to Earnings3Y Average 27.3x20212022
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 15.8x which is lower than its 3-year average PE of 27.3x.
Past Earnings Growth
  • The earnings for Portuguese listed companies have grown 17% per year over the last three years.
  • Revenues for these companies have grown 10.0% 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 Market1.00%
Energy4.27%
Tech3.28%
Utilities2.43%
Industrials0.48%
Real Estate0.42%
Telecom0.26%
Healthcare0%
Consumer Discretionary-0.12%
Materials-1.35%
Financials-2.80%
Consumer Staples-3.13%
Sector PE
  • Investors are most optimistic about the Real Estate sector which is trading above its 3-year average PE ratio of 7.6x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Consumer Discretionary sector. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 40% over the next 5 years.
  • However this is lower than its past earnings growth rate of 97% per year.
  • In contrast, the Materials sector is expected to see its earnings decline by 20% 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
EDP EDP - Energias de Portugal€4.614.2%
+€730.2m
-5.4%PE27.4xUtilities
GALP Galp Energia SGPS€12.094.3%
+€410.5m
38.1%PE8.9xEnergy
EDPR EDP Renováveis€21.971.1%
+€230.5m
-1.4%PE22.9xUtilities
GVOLT Greenvolt - Energias Renováveis€8.002.4%
+€165.4m
24.4%PE56xUtilities
SNC Sonaecom S.G.P.S€1.972.6%
+€15.3m
12.9%PE4.4xTelecom
See more
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CTT

€3.26

CTT - Correios De Portugal

7D

2.5%

1Y

-24.5%

SNC

€1.97

Sonaecom S.G.P.S

7D

2.6%

1Y

12.9%

IBS

€5.70

Ibersol S.G.P.S

7D

5.2%

1Y

5.2%

BCP

€0.15

Banco Comercial Português

7D

-2.8%

1Y

0.5%

ALTR

€5.36

Altri SGPS

7D

-3.4%

1Y

-0.09%

COR

€8.84

Corticeira Amorim S.G.P.S

7D

-2.6%

1Y

-21.2%

EDP

€4.61

EDP - Energias de Portugal

7D

4.2%

1Y

-5.4%

NOS

€3.86

NOS S.G.P.S

7D

-0.7%

1Y

13.2%

RENE

€2.57

REN - Redes Energéticas Nacionais SGPS

7D

0.8%

1Y

2.6%

EDPR

€21.97

EDP Renováveis

7D

1.1%

1Y

-1.4%

SON

€0.95

Sonae SGPS

7D

-0.7%

1Y

-1.2%