Bulgarian (SOFIX) Financials Sector Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies51
- 7D-0.7%
- 3M-4.2%
- 1Y5.5%
- YTD4.7%
The Financials industry has stayed flat over the last week. As for the the longer term, the industry is up 6.2% over the past 12 months.
Sector Valuation and Performance
Has the Bulgarian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | лв2.8b | лв5.1b | лв620.0m | 8.6x | 4.4x | 0.5x |
| Mon, 30 Oct 2023 | лв2.8b | лв5.9b | лв645.4m | 10.6x | 4.3x | 0.5x |
| Wed, 27 Sep 2023 | лв2.8b | лв5.9b | лв645.9m | 9.8x | 4.3x | 0.5x |
| Fri, 25 Aug 2023 | лв2.7b | лв3.3b | лв342.0m | 12x | 7.9x | 0.8x |
| Sun, 23 Jul 2023 | лв2.6b | лв6.2b | лв571.4m | 11.7x | 4.6x | 0.4x |
| Tue, 20 Jun 2023 | лв2.7b | лв6.2b | лв566.1m | 10.5x | 4.7x | 0.4x |
| Thu, 18 May 2023 | лв2.5b | лв7.6b | лв328.0m | 10.8x | 7.7x | 0.3x |
| Sat, 15 Apr 2023 | лв2.4b | лв7.5b | лв314.2m | 9.3x | 7.8x | 0.3x |
| Mon, 13 Mar 2023 | лв2.6b | лв7.5b | лв311.7m | 12.3x | 8.3x | 0.3x |
| Wed, 08 Feb 2023 | лв2.6b | лв8.0b | лв452.8m | 11.3x | 5.8x | 0.3x |
| Fri, 06 Jan 2023 | лв2.5b | лв8.0b | лв466.8m | 8.3x | 5.4x | 0.3x |
| Sun, 04 Dec 2022 | лв2.5b | лв8.0b | лв465.8m | 7x | 5.3x | 0.3x |
| Tue, 01 Nov 2022 | лв2.5b | лв7.2b | лв408.6m | 7.5x | 6x | 0.3x |
| Thu, 29 Sep 2022 | лв2.5b | лв7.2b | лв408.6m | 7.6x | 6.2x | 0.3x |
| Sat, 27 Aug 2022 | лв2.6b | лв6.1b | лв371.0m | 8x | 6.9x | 0.4x |
| Mon, 25 Jul 2022 | лв2.5b | лв6.1b | лв370.1m | 8.2x | 6.8x | 0.4x |
| Wed, 22 Jun 2022 | лв2.6b | лв6.1b | лв370.7m | 8.1x | 6.9x | 0.4x |
| Fri, 20 May 2022 | лв2.6b | лв4.8b | лв316.7m | 9.4x | 8.2x | 0.5x |
| Sun, 17 Apr 2022 | лв2.7b | лв4.8b | лв315.4m | 9.7x | 8.5x | 0.6x |
| Tue, 15 Mar 2022 | лв2.4b | лв4.8b | лв311.2m | 9x | 7.8x | 0.5x |
| Thu, 10 Feb 2022 | лв2.6b | лв3.2b | лв157.8m | 9.5x | 16.3x | 0.8x |
| Sat, 08 Jan 2022 | лв2.5b | лв3.1b | лв125.4m | 11.6x | 20.3x | 0.8x |
| Mon, 06 Dec 2021 | лв2.4b | лв3.1b | лв132.5m | 13.1x | 18.4x | 0.8x |
| Wed, 03 Nov 2021 | лв2.4b | лв2.7b | лв93.0m | 17x | 25.6x | 0.9x |
| Fri, 01 Oct 2021 | лв2.4b | лв2.7b | лв83.9m | 15.9x | 28.4x | 0.9x |
| Sun, 29 Aug 2021 | лв2.4b | лв2.7b | лв83.7m | 14.6x | 28.5x | 0.9x |
| Mon, 05 Jul 2021 | лв2.2b | лв2.7b | лв83.7m | 14.2x | 26.8x | 0.8x |
| Thu, 08 Apr 2021 | лв2.2b | лв2.5b | лв72.6m | 13.2x | 29.9x | 0.9x |
| Sun, 10 Jan 2021 | лв2.0b | лв2.5b | лв66.6m | 11.4x | 29.4x | 0.8x |
Price to Earnings Ratio
6.2x
Current Industry PE
- Investors are pessimistic on the Bulgarian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 4.0x which is lower than its 3-year average PE of 14.5x.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 32% 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.
Industry Trends
Which industries have driven the changes within the Bulgarian Financials sector?
| BG Market | -0.78% | |
| Financials | -0.70% | |
| Consumer Finance | 3.07% | |
| Banks | 0.83% | |
| Mortgage REITs | 0.54% | |
| Mortgage Finance | 0% | |
| Diversified Financial | -0.67% | |
| Capital Markets | -1.20% | |
| Insurance | -2.94% | |
Industry PE
- Investors are most optimistic about the Mortgage REITs industry even though it's trading below its 3-year average PE ratio of 3kx.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
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 | |
|---|---|---|---|---|---|
| CCB Central Cooperative Bank AD | лв1.54 | 2.0% +лв3.8m | -6.7% | PB0.3x | |
| FIB First Investment Bank AD | лв2.58 | 0.8% +лв3.0m | 44.1% | PB0.2x | |
| SCOM Sofia Commerce-Pawn Brokerage AD | лв3.10 | 5.4% +лв1.4m | 6.2% | PE7x | |
| HVAR Holding Varna AD | лв44.20 | 0.5% +лв1.3m | 2.3% | PE199.5x | |
| BSE Bulgarian Stock Exchange AD | лв11.00 | 1.9% +лв1.3m | 21.5% | PE11.6x |