Lithuanian (OMXV) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies27
- 7D-1.0%
- 3M-4.8%
- 1Y-1.3%
- YTD-5.4%
Over the last 7 days, the market has dropped 1.0%, driven by a decline of 1.8% in the Communication Services sector. Overall the market has been flat in the last year. As for the next few years, earnings are forecast to decline by 15% per annum.
Market Valuation and Performance
Has the Lithuanian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | Lt4.5b | Lt9.5b | Lt609.0m | 7x | 7.4x | 0.5x |
| Thu, 28 Sep 2023 | Lt4.6b | Lt9.5b | Lt592.7m | 7.5x | 7.7x | 0.5x |
| Sat, 26 Aug 2023 | Lt4.7b | Lt9.6b | Lt627.8m | 8.3x | 7.5x | 0.5x |
| Mon, 24 Jul 2023 | Lt4.8b | Lt9.8b | Lt633.0m | 8.5x | 7.5x | 0.5x |
| Wed, 21 Jun 2023 | Lt4.8b | Lt9.8b | Lt623.7m | 8.3x | 7.7x | 0.5x |
| Fri, 19 May 2023 | Lt4.9b | Lt10.0b | Lt553.9m | 8.5x | 8.9x | 0.5x |
| Sun, 16 Apr 2023 | Lt5.0b | Lt9.9b | Lt543.8m | 8.4x | 9.1x | 0.5x |
| Tue, 14 Mar 2023 | Lt5.0b | Lt9.8b | Lt539.9m | 9.8x | 9.2x | 0.5x |
| Thu, 09 Feb 2023 | Lt5.0b | Lt9.0b | Lt427.4m | 9.9x | 11.7x | 0.6x |
| Sat, 07 Jan 2023 | Lt4.8b | Lt9.0b | Lt435.7m | 9.7x | 11x | 0.5x |
| Mon, 05 Dec 2022 | Lt4.8b | Lt9.0b | Lt435.1m | 10.1x | 11x | 0.5x |
| Wed, 02 Nov 2022 | Lt4.5b | Lt7.8b | Lt398.3m | 7.7x | 11.4x | 0.6x |
| Fri, 30 Sep 2022 | Lt4.5b | Lt7.8b | Lt396.8m | 7.9x | 11.5x | 0.6x |
| Sun, 28 Aug 2022 | Lt4.8b | Lt7.3b | Lt382.7m | 7.8x | 12.4x | 0.6x |
| Tue, 26 Jul 2022 | Lt4.6b | Lt6.8b | Lt354.6m | 8.5x | 13x | 0.7x |
| Thu, 23 Jun 2022 | Lt4.7b | Lt6.8b | Lt359.5m | 8.3x | 13x | 0.7x |
| Sat, 21 May 2022 | Lt4.8b | Lt5.9b | Lt350.5m | 9x | 13.6x | 0.8x |
| Mon, 18 Apr 2022 | Lt4.8b | Lt5.8b | Lt339.9m | 9x | 14.3x | 0.8x |
| Wed, 16 Mar 2022 | Lt4.6b | Lt5.8b | Lt334.8m | 8.5x | 13.7x | 0.8x |
| Fri, 11 Feb 2022 | Lt5.1b | Lt5.2b | Lt355.7m | 9.4x | 14.3x | 1x |
| Sun, 09 Jan 2022 | Lt5.2b | Lt5.1b | Lt366.6m | 9.3x | 14.3x | 1x |
| Tue, 07 Dec 2021 | Lt5.1b | Lt4.9b | Lt421.0m | 9.7x | 12.2x | 1.1x |
| Thu, 04 Nov 2021 | Lt5.2b | Lt4.7b | Lt427.9m | 9.4x | 12.2x | 1.1x |
| Sat, 02 Oct 2021 | Lt5.1b | Lt4.7b | Lt432.6m | 9.3x | 11.7x | 1.1x |
| Mon, 30 Aug 2021 | Lt5.4b | Lt4.7b | Lt434.2m | 9.3x | 12.5x | 1.2x |
| Tue, 06 Jul 2021 | Lt5.0b | Lt4.7b | Lt434.2m | 8.8x | 11.6x | 1.1x |
| Fri, 09 Apr 2021 | Lt4.7b | Lt4.4b | Lt450.0m | 9.1x | 10.4x | 1.1x |
| Thu, 31 Dec 2020 | Lt4.5b | Lt4.3b | Lt414.1m | 9.2x | 10.8x | 1x |
Price to Earnings Ratio
11.3x
Current Market PE
- Investors are pessimistic on the Lithuanian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 7.4x which is lower than its 3-year average PE of 11.2x.
Past Earnings Growth
- The earnings for Lithuanian listed companies have grown 18% per year over the last three years.
- Revenues for these companies have grown 31% 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 Lithuanian Market?
| LT Market | -1.01% | |
| Tech | 1.04% | |
| Industrials | 0.80% | |
| Consumer Discretionary | 0.28% | |
| Financials | 0.23% | |
| Healthcare | 0% | |
| Energy | -0.48% | |
| Utilities | -0.59% | |
| Consumer Staples | -1.08% | |
| Telecom | -1.85% | |
| Real Estate | -2.75% | |
| Materials | -8.40% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 12.4x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Industrials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 2.7x.
Forecasted Growth
- In contrast, the Utilities sector is expected to see its earnings decline by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| SAB1L AB Siauliu Bankas | €0.62 | 1.5% +€5.4m | 8.2% | PB0.8x | Financials | |
| ZMP1L AB Zemaitijos pienas | €1.78 | 2.9% +€2.1m | -0.6% | PE17.8x | Consumer Staples | |
| VBL1L Vilniaus Baldai | €6.40 | 6.7% +€1.6m | -15.8% | PE15.7x | Consumer Discretionary | |
| UTR1L Utenos Trikotazas | €0.57 | 7.5% +€380.1k | -5.7% | PS0.2x | Consumer Discretionary | |
| INC1L INVL Technology UTIB | €1.94 | 1.0% +€241.4k | -11.8% | PE58.8x | Tech |
Market Insights
This week we’re checking in on China’s economy after some better than expected data and another round of stimulus...
