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Bulgarian (SOFIX) Financials Sector Analysis
UpdatedDec 14, 2024
DataAggregated Company Financials
Companies53
- 7D0.3%
- 3M-7.9%
- 1Y18.3%
- YTD15.7%
In the last week, Financials has been flat. The past year has been better, since the industry has gained 17% in that time.
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, 14 Dec 2024 | лв2.9b | лв1.5b | лв352.0m | 10.3x | 8.1x | 1.9x |
| Mon, 11 Nov 2024 | лв2.9b | лв1.5b | лв360.0m | 8x | 8.1x | 1.9x |
| Wed, 09 Oct 2024 | лв2.9b | лв1.5b | лв356.5m | 10.5x | 8x | 1.9x |
| Fri, 06 Sep 2024 | лв3.0b | лв1.5b | лв371.9m | 8.2x | 8.1x | 2x |
| Sun, 04 Aug 2024 | лв2.9b | лв1.5b | лв384.5m | 11.6x | 7.6x | 1.9x |
| Tue, 02 Jul 2024 | лв2.8b | лв1.5b | лв388.2m | 7.7x | 7.3x | 1.9x |
| Thu, 30 May 2024 | лв3.3b | лв5.4b | лв622.0m | 8.3x | 5.3x | 0.6x |
| Sat, 27 Apr 2024 | лв3.0b | лв5.3b | лв621.0m | 8.8x | 4.8x | 0.6x |
| Mon, 25 Mar 2024 | лв2.8b | лв5.4b | лв617.4m | 7.8x | 4.5x | 0.5x |
| Wed, 21 Feb 2024 | лв2.8b | лв5.4b | лв637.2m | 8.9x | 4.4x | 0.5x |
| Fri, 19 Jan 2024 | лв2.8b | лв5.4b | лв644.0m | 7.3x | 4.4x | 0.5x |
| Sun, 17 Dec 2023 | лв2.8b | лв5.3b | лв627.4m | 7.1x | 4.4x | 0.5x |
| Tue, 14 Nov 2023 | лв2.8b | лв5.9b | лв653.0m | 9.4x | 4.2x | 0.5x |
| Thu, 12 Oct 2023 | лв2.8b | лв5.9b | лв645.9m | 10.2x | 4.3x | 0.5x |
| Sat, 09 Sep 2023 | лв2.8b | лв5.9b | лв615.1m | 9.7x | 4.5x | 0.5x |
| Mon, 07 Aug 2023 | лв2.7b | лв3.2b | лв314.0m | 12x | 8.5x | 0.8x |
| Wed, 05 Jul 2023 | лв2.6b | лв6.2b | лв566.5m | 10.6x | 4.6x | 0.4x |
| Fri, 02 Jun 2023 | лв2.6b | лв7.6b | лв350.1m | 10.8x | 7.3x | 0.3x |
| Sun, 30 Apr 2023 | лв2.4b | лв7.5b | лв314.4m | 12.6x | 7.8x | 0.3x |
| Tue, 28 Mar 2023 | лв2.4b | лв7.5b | лв313.5m | 12.7x | 7.8x | 0.3x |
| Thu, 23 Feb 2023 | лв2.6b | лв8.0b | лв452.9m | 12.9x | 5.7x | 0.3x |
| Sat, 21 Jan 2023 | лв2.6b | лв8.0b | лв453.1m | 9.3x | 5.8x | 0.3x |
| Mon, 19 Dec 2022 | лв2.5b | лв8.0b | лв466.4m | 7.1x | 5.3x | 0.3x |
| Wed, 16 Nov 2022 | лв2.5b | лв7.2b | лв412.9m | 7.2x | 6x | 0.3x |
| Fri, 14 Oct 2022 | лв2.5b | лв7.2b | лв408.6m | 7.6x | 6x | 0.3x |
| Sun, 11 Sep 2022 | лв2.5b | лв7.1b | лв400.8m | 7.7x | 6.3x | 0.4x |
| Tue, 09 Aug 2022 | лв2.6b | лв6.1b | лв371.0m | 8.3x | 7x | 0.4x |
| Thu, 07 Jul 2022 | лв2.6b | лв6.1b | лв370.1m | 7.9x | 6.9x | 0.4x |
| Sat, 04 Jun 2022 | лв2.6b | лв6.1b | лв370.5m | 8.2x | 7x | 0.4x |
| Mon, 02 May 2022 | лв2.6b | лв4.8b | лв315.3m | 9.5x | 8.3x | 0.5x |
| Wed, 30 Mar 2022 | лв2.7b | лв4.8b | лв311.0m | 9x | 8.6x | 0.6x |
| Fri, 25 Feb 2022 | лв2.5b | лв3.2b | лв197.9m | 8.9x | 12.6x | 0.8x |
| Sun, 23 Jan 2022 | лв2.5b | лв3.2b | лв142.7m | 11.6x | 17.9x | 0.8x |
| Tue, 21 Dec 2021 | лв2.5b | лв3.1b | лв125.4m | 11.2x | 19.8x | 0.8x |
Price to Earnings Ratio
19.8x
Current Industry PE
- Investors are optimistic on the Bulgarian Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.1x which is higher than its 3-year average PE of 7.1x.
- The 3-year average PS ratio of 0.69x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 41% per year over the last three years.
- Meanwhile revenues for these companies have declined 21% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Bulgarian Financials sector?
| BG Market | 0.49% | |
| Financials | 0.34% | |
| Banks | 0.71% | |
| Capital Markets | 0.29% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | -0.12% | |
| Diversified Financial | -0.42% | |
| Insurance | -2.38% | |
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 Banks industry, which is trading close to its 3-year average of 4.2x.
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 | |
|---|---|---|---|---|---|
| BACB Bulgarian-American Credit Bank AD | лв10.80 | 2.9% +лв7.4m | 96.4% | PB0.8x | |
| CHL Chernomorski Holding AD | лв17.00 | 6.3% +лв3.3m | 139.4% | PE34.3x | |
| FIB First Investment Bank AD | лв3.90 | 0.5% +лв3.0m | 30.9% | PB0.3x | |
| BPEF Bulgarian Private Equity Fund AD | лв2.10 | 5.0% +лв2.0m | 31.3% | PE27.7x | |
| BSE Bulgarian Stock Exchange AD | лв7.85 | 1.3% +лв1.3m | -0.6% | PE6.3x |