Bulgarian (SOFIX) Food Industry Analysis

Industry Valuation and Performance

Has the Bulgarian Food Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 24 Apr 2024	лв659.2m	лв406.7m	-лв1,176,000.00	11.4x	-560.6x	1.6x
Fri, 22 Mar 2024	лв747.8m	лв657.0m	-лв148,000.00	25.7x	-5052.4x	1.1x
Sun, 18 Feb 2024	лв719.0m	лв660.8m	-лв3,952,000.00	13.1x	-181.9x	1.1x
Tue, 16 Jan 2024	лв720.1m	лв660.8m	-лв3,952,000.00	13.8x	-182.2x	1.1x
Thu, 14 Dec 2023	лв692.7m	лв666.7m	лв5.0m	13.3x	139.8x	1x
Sat, 11 Nov 2023	лв681.1m	лв625.3m	лв35.4m	12.6x	19.2x	1.1x
Mon, 09 Oct 2023	лв675.8m	лв647.5m	лв40.4m	12.1x	16.7x	1x
Wed, 06 Sep 2023	лв512.5m	лв578.7m	лв29.3m	8.2x	17.5x	0.9x
Fri, 04 Aug 2023	лв535.2m	лв589.8m	лв35.6m	15.7x	15x	0.9x
Sun, 02 Jul 2023	лв521.6m	лв596.2m	лв37.4m	14.7x	13.9x	0.9x
Tue, 30 May 2023	лв509.7m	лв607.7m	лв46.7m	6.2x	10.9x	0.8x
Thu, 27 Apr 2023	лв514.4m	лв591.6m	лв45.8m	7.1x	11.2x	0.9x
Sat, 25 Mar 2023	лв515.7m	лв595.1m	лв64.9m	8.7x	7.9x	0.9x
Mon, 20 Feb 2023	лв495.0m	лв566.1m	лв51.1m	10x	9.7x	0.9x
Wed, 18 Jan 2023	лв510.9m	лв565.2m	лв51.1m	11.8x	10x	0.9x
Fri, 16 Dec 2022	лв477.5m	лв565.1m	лв51.1m	11.8x	9.3x	0.8x
Sun, 13 Nov 2022	лв486.4m	лв585.0m	лв45.6m	7.2x	10.7x	0.8x
Tue, 11 Oct 2022	лв481.4m	лв585.0m	лв45.6m	6.8x	10.6x	0.8x
Thu, 08 Sep 2022	лв523.7m	лв570.8m	лв39.1m	8.5x	13.4x	0.9x
Sat, 06 Aug 2022	лв519.7m	лв572.8m	лв36.7m	9.4x	14.2x	0.9x
Mon, 04 Jul 2022	лв522.6m	лв572.8m	лв36.7m	9.6x	14.2x	0.9x
Wed, 01 Jun 2022	лв532.1m	лв522.6m	лв29.6m	10.6x	18x	1x
Fri, 29 Apr 2022	лв514.2m	лв523.4m	лв39.2m	9x	13.1x	1x
Sun, 27 Mar 2022	лв493.2m	лв523.4m	лв39.2m	7.6x	12.6x	0.9x
Tue, 22 Feb 2022	лв463.1m	лв493.9m	лв46.3m	5.5x	10x	0.9x
Thu, 20 Jan 2022	лв489.9m	лв493.9m	лв46.3m	5.9x	10.6x	1x
Sat, 18 Dec 2021	лв475.3m	лв493.8m	лв46.3m	5.6x	10.3x	1x
Mon, 15 Nov 2021	лв515.3m	лв459.7m	лв29.4m	13.3x	17.5x	1.1x
Wed, 13 Oct 2021	лв489.2m	лв459.7m	лв29.4m	13.3x	16.6x	1.1x
Fri, 10 Sep 2021	лв507.1m	лв459.7m	лв29.4m	13.3x	17.3x	1.1x
Sun, 08 Aug 2021	лв534.1m	лв459.7m	лв29.4m	12.2x	18.2x	1.2x
Sat, 01 May 2021	лв569.5m	лв431.9m	лв24.5m	22x	23.2x	1.3x

Current Industry PE

Investors are optimistic on the Bulgarian Food industry, and appear confident in long term growth rates.

The 3-year average PS ratio of 1.00x is lower than the industry's current PS ratio of 1.6x.

Past Earnings Growth

Total earnings for the Food industry have declined over the last three years, with the industry now making a loss overall.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Bulgarian Consumer Staples industry?


BG Market	-0.33%
Consumer Staples	0.95%
Food	1.43%
Agricultural Products	5.60%
Packaged Foods and Meats	1.27%

Industry PE

Investors are most optimistic about the Agricultural Products industry even though it's trading below its 3-year average PE ratio of 6.9x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
SO Smart Organic AD	лв20.40	2.0% +лв4.1m	n/a	PE17.2x
SLR Slantcho AD	лв12.00	9.1% +лв3.2m	51.9%	n/a
ZHBG Zarneni Hrani Bulgaria AD	лв0.13	5.6% +лв1.4m	-11.4%	PE5.6x
BGAG BG Agro AD	лв0.90	1.7% +лв605.4k	-29.5%	PS0.3x