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Cypriot (CYSMMAPA) Market Analysis & Valuation

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies62
  • 7D-1.2%
  • 3M5.5%
  • 1Y65.9%
  • YTD24.9%

Over the last 7 days, the market has dropped 1.2%, driven by a pullback of 2.0% in the Financials sector. As for the longer term, the market has actually risen by 66% in the last year. Looking forward, earnings are forecast to grow by 4.6% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023€5.2b€4.0b€581.3m6.1x8.9x1.3x
Thu, 28 Sep 2023€4.9b€4.1b€574.8m8.7x8.5x1.2x
Sat, 26 Aug 2023€4.9b€4.0b€503.3m10.2x9.8x1.2x
Mon, 24 Jul 2023€4.5b€3.9b€386.4m9.7x11.8x1.2x
Wed, 21 Jun 2023€4.6b€3.8b€352.5m10.1x13x1.2x
Fri, 19 May 2023€4.3b€3.8b€352.4m10.2x12.3x1.1x
Sun, 16 Apr 2023€4.3b€3.6b€223.4m12x19x1.2x
Tue, 14 Mar 2023€3.3b€3.4b€209.5m12x15.8x1x
Thu, 09 Feb 2023€3.0b€3.2b€171.0m11.9x17.7x0.9x
Sat, 07 Jan 2023€2.8b€3.2b€171.1m11.2x16.6x0.9x
Mon, 05 Dec 2022€2.8b€3.1b€166.2m11.1x16.8x0.9x
Wed, 02 Nov 2022€2.4b€3.1b€223.6m10.6x10.8x0.8x
Fri, 30 Sep 2022€2.2b€3.0b€234.2m9.1x9.6x0.8x
Sun, 28 Aug 2022€2.3b€2.9b€173.7m10.6x13x0.8x
Tue, 26 Jul 2022€2.1b€2.8b€177.3m9.9x11.7x0.7x
Thu, 23 Jun 2022€2.9b€2.8b€177.2m9.8x16.2x1x
Sat, 21 May 2022€2.8b€2.8b€150.3m9.6x18.7x1x
Mon, 18 Apr 2022€2.9b€2.7b€167.2m9.5x17.3x1.1x
Wed, 16 Mar 2022€2.8b€3.1b€154.6m9.3x18.4x0.9x
Fri, 11 Feb 2022€2.1b€3.0b€94.7m9x21.9x0.7x
Sun, 09 Jan 2022€2.0b€3.0b€93.4m9.5x21.5x0.7x
Tue, 07 Dec 2021€2.9b€3.1b€112.4m8.8x25.7x0.9x
Thu, 04 Nov 2021€2.9b€3.1b€125.9m8.9x23.1x0.9x
Sat, 02 Oct 2021€2.9b€3.0b€109.4m8.9x26.7x1x
Mon, 30 Aug 2021€3.1b€2.5b€163.3m9.5x18.8x1.2x
Tue, 06 Jul 2021€3.0b€2.5b€163.3m9.3x18.1x1.2x
Fri, 09 Apr 2021€2.8b€2.4b€69.2m9.3x40.6x1.1x
Thu, 31 Dec 2020€2.7b€2.4b€9.3m9.5x291x1.1x
Price to Earnings Ratio

37.8x


Total Market Cap: €2.2bTotal Earnings: €59.3mTotal Revenue: €2.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Cypriot Market Price to Earnings3Y Average 42.6x202120222023
Current Market PE
  • Investors are pessimistic on the Cypriot market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 8.8x which is lower than its 3-year average PE of 42.6x.
Past Earnings Growth
  • The earnings for Cypriot listed companies have grown 114% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Cypriot Market?

CY Market-0.46%
Consumer Staples0.40%
Consumer Discretionary0.36%
Energy0%
Industrials0%
Healthcare0%
Tech0%
Telecom0%
Utilities0%
Real Estate-0.67%
Financials-0.87%
Materials-1.06%
Sector PE
    • The Telecom sector is the least preferred by investors for future growth, which is trading below its 3-year average of 72.1x.
    Forecasted Growth
    • Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 4.6% over the next 5 years.

    Top Stock Gainers and Losers

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

    CompanyLast Price7D1YValuationSector
    SAL Salamis Tours (Holdings)€3.481.8%
    +€2.2m
    77.6%PE11.3xConsumer Discretionary
    BLUE Blue Island€0.893.5%
    +€463.1k
    20.3%PE8.5xConsumer Staples
    AGRO Agros Development Company Proodos€1.211.7%
    +€71.8k
    n/aPE6.8xConsumer Discretionary
    See more
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    BOCH

    €2.89

    Bank of Cyprus Holdings

    7D

    -1.4%

    1Y

    102.1%

    ACT

    €0.018

    Actibond Growth Fund

    7D

    -7.7%

    1Y

    n/a

    LUI

    €0.069

    Louis

    7D

    -1.4%

    1Y

    -4.9%

    AGRO

    €1.21

    Agros Development Company Proodos

    7D

    1.7%

    1Y

    n/a

    BLUE

    €0.89

    Blue Island

    7D

    3.5%

    1Y

    20.3%

    CCC

    €0.60

    Cyprus Cement

    7D

    -4.0%

    1Y

    10.1%

    DEM

    €0.63

    Demetra Holdings

    7D

    -3.1%

    1Y

    57.5%

    SAL

    €3.48

    Salamis Tours (Holdings)

    7D

    1.8%

    1Y

    77.6%

    KG

    €0.31

    K + G Complex

    7D

    -2.5%

    1Y

    11.4%

    CLL

    €0.002

    CLR Investment Fund

    7D

    -20.0%

    1Y

    -33.3%