International Hotel Investments (MTSE:IHI) Is Finding It Tricky To Allocate Its Capital
Oct 07
Maltese (MSE) Market Analysis & Valuation
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies33
- 7D0.05%
- 3M-6.1%
- 1Y-3.5%
- YTD3.0%
The market has stayed flat over the 7 days. The past year hasn't been profitable, with the market dropping 3.2%.
Market Valuation and Performance
Has the Maltese Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | €4.6b | €2.1b | €386.7m | 13x | 11.8x | 2.1x |
| Thu, 28 Sep 2023 | €4.7b | €2.1b | €383.9m | 14.3x | 12.3x | 2.2x |
| Sat, 26 Aug 2023 | €4.8b | €2.2b | €388.5m | 15.8x | 12.3x | 2.2x |
| Mon, 24 Jul 2023 | €4.8b | €1.9b | €194.9m | 17.9x | 24.7x | 2.6x |
| Wed, 21 Jun 2023 | €4.8b | €1.9b | €185.1m | 17.3x | 25.7x | 2.5x |
| Fri, 19 May 2023 | €4.6b | €1.8b | €176.8m | 18.4x | 26.2x | 2.6x |
| Sun, 16 Apr 2023 | €4.5b | €1.7b | €133.0m | 18.7x | 33.9x | 2.6x |
| Tue, 14 Mar 2023 | €4.6b | €2.1b | €90.1m | 20.4x | 51.5x | 2.2x |
| Thu, 09 Feb 2023 | €4.6b | €2.1b | €53.3m | 20.7x | 85.6x | 2.2x |
| Sat, 07 Jan 2023 | €4.6b | €2.1b | €53.3m | 21.2x | 85.7x | 2.2x |
| Mon, 05 Dec 2022 | €4.6b | €2.1b | €51.0m | 20.8x | 90.7x | 2.2x |
| Wed, 02 Nov 2022 | €4.7b | €2.1b | €48.5m | 22.5x | 97.2x | 2.3x |
| Fri, 30 Sep 2022 | €4.7b | €1.5b | €32.1m | 24.8x | 147.3x | 3.1x |
| Sun, 28 Aug 2022 | €4.7b | €1.5b | €10.5m | 25.5x | 446x | 3.2x |
| Tue, 26 Jul 2022 | €4.7b | €1.4b | €87.6m | 19.6x | 53.9x | 3.3x |
| Thu, 23 Jun 2022 | €4.8b | €1.8b | €102.6m | 19.8x | 46.6x | 2.7x |
| Sat, 21 May 2022 | €4.6b | €1.7b | €83.5m | 21x | 55.2x | 2.7x |
| Mon, 18 Apr 2022 | €4.5b | €1.6b | €46.3m | 20.9x | 97.3x | 2.8x |
| Wed, 16 Mar 2022 | €4.5b | €1.5b | €23.7m | 20.8x | 189.3x | 3x |
| Fri, 11 Feb 2022 | €4.3b | €1.5b | €19.5m | 20.4x | 219.3x | 2.8x |
| Sun, 09 Jan 2022 | €4.5b | €1.5b | €15.1m | 22.3x | 300.8x | 2.9x |
| Tue, 07 Dec 2021 | €4.3b | €1.5b | €23.2m | 23.4x | 185.8x | 2.8x |
| Thu, 04 Nov 2021 | €4.4b | €1.5b | €23.2m | 25.2x | 189.3x | 2.9x |
| Sat, 02 Oct 2021 | €4.4b | €1.5b | €22.5m | 25.5x | 194.6x | 2.9x |
| Mon, 30 Aug 2021 | €4.4b | €1.5b | €19.1m | 24.5x | 229.9x | 2.9x |
| Tue, 06 Jul 2021 | €4.4b | €1.5b | €18.8m | 22.6x | 234x | 3x |
| Fri, 09 Apr 2021 | €4.3b | €1.5b | -€13,764,590.00 | 24x | -310.3x | 2.9x |
| Thu, 31 Dec 2020 | €4.6b | €1.4b | -€31,448,049.00 | 27x | -146.2x | 3.3x |
Price to Earnings Ratio
543.9x
Current Market PE
- Investors are optimistic on the Maltese market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 11.8x which is higher than its 3-year average PE of -3kx.
Past Earnings Growth
- The earnings for Maltese listed companies have grown 279% per year over the last three years.
- Revenues for these companies have grown 8.5% 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 Maltese Market?
| MT Market | 0.052% | |
| Consumer Discretionary | 6.38% | |
| Real Estate | 0.075% | |
| Financials | 0.014% | |
| Energy | 0% | |
| Materials | 0% | |
| Healthcare | 0% | |
| Telecom | 0% | |
| Utilities | 0% | |
| Tech | -0.084% | |
| Industrials | -0.88% | |
| Consumer Staples | -1.89% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 61.0x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| IHI International Hotel Investments | €0.48 | 6.7% +€18.5m | -36.0% | PS1.1x | Consumer Discretionary | |
| BOV Bank of Valletta | €1.25 | 2.5% +€17.5m | 38.9% | PB0.6x | Financials | |
| MLT Malita Investments | €0.51 | 2.0% +€1.5m | -32.9% | PE1.6x | Real Estate | |
| AXR AX Real Estate | €0.45 | 0.4% +€548.7k | -15.5% | PE38.6x | Real Estate |
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