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Bulgarian (SOFIX) Financials Sector Analysis

UpdatedFeb 09, 2026
DataAggregated Company Financials
Companies52
  • 7D-0.6%
  • 3M29.4%
  • 1Y37.5%
  • YTD17.8%

Over the last 7 days, the Financials industry has dropped 2.6%, driven by a pullback from First Investment Bank AD of 7.6%. Over the past 12 months, the industry was up 37%.

Sector Valuation and Performance

Has the Bulgarian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Feb 2026лв2.4bлв2.3bлв293.2m14.4x8.2x1x
Wed, 07 Jan 2026лв2.4bлв2.5bлв326.1m15.5x7.3x1x
Fri, 05 Dec 2025лв4.0bлв4.8bлв631.1m14.6x6.3x0.8x
Sun, 02 Nov 2025лв3.7bлв4.8bлв631.7m11.5x5.9x0.8x
Tue, 30 Sep 2025лв3.9bлв4.8bлв621.3m10.8x6.3x0.8x
Thu, 28 Aug 2025лв3.9bлв4.7bлв559.0m15.4x7x0.8x
Sat, 26 Jul 2025лв3.8bлв4.7bлв503.5m16.7x7.6x0.8x
Mon, 23 Jun 2025лв3.7bлв4.7bлв500.7m17.4x7.4x0.8x
Wed, 21 May 2025лв3.5bлв4.4bлв446.2m16.9x7.9x0.8x
Fri, 18 Apr 2025лв3.5bлв4.4bлв448.7m16.3x7.7x0.8x
Sun, 16 Mar 2025лв3.4bлв4.4bлв460.7m13.5x7.5x0.8x
Tue, 11 Feb 2025лв3.0bлв1.5bлв353.6m11.3x8.4x2x
Thu, 09 Jan 2025лв2.9bлв1.5bлв352.0m10.8x8.3x1.9x
Sat, 07 Dec 2024лв2.9bлв1.5bлв356.9m10.4x8x1.9x
Mon, 04 Nov 2024лв2.9bлв1.5bлв360.7m7.9x8x1.9x
Wed, 02 Oct 2024лв2.8bлв1.5bлв355.0m7.9x8x1.9x
Fri, 30 Aug 2024лв3.4bлв4.2bлв413.4m11.6x8.2x0.8x
Sun, 28 Jul 2024лв2.9bлв1.5bлв386.6m8.4x7.4x1.9x
Tue, 25 Jun 2024лв2.8bлв1.5bлв390.2m7.5x7.1x1.9x
Thu, 23 May 2024лв3.4bлв5.3bлв622.7m8.2x5.4x0.6x
Sat, 20 Apr 2024лв2.8bлв5.3bлв617.3m8x4.5x0.5x
Mon, 18 Mar 2024лв2.8bлв5.4bлв617.4m7.7x4.5x0.5x
Wed, 14 Feb 2024лв2.8bлв5.4bлв637.2m8.8x4.3x0.5x
Fri, 12 Jan 2024лв2.8bлв5.4bлв644.0m7.1x4.4x0.5x
Sun, 10 Dec 2023лв2.8bлв5.3bлв627.2m7.6x4.4x0.5x
Tue, 07 Nov 2023лв2.8bлв5.9bлв644.7m10.6x4.4x0.5x
Thu, 05 Oct 2023лв2.8bлв5.9bлв645.9m10x4.3x0.5x
Sat, 02 Sep 2023лв2.8bлв5.9bлв614.1m9.7x4.6x0.5x
Mon, 31 Jul 2023лв2.6bлв6.2bлв571.4m11.9x4.6x0.4x
Wed, 28 Jun 2023лв2.6bлв6.2bлв566.1m10.6x4.6x0.4x
Fri, 26 May 2023лв2.5bлв7.6bлв328.1m10.9x7.8x0.3x
Sun, 23 Apr 2023лв2.4bлв7.5bлв314.4m12.5x7.8x0.3x
Tue, 21 Mar 2023лв2.4bлв7.5bлв311.7m12.3x7.8x0.3x
Thu, 16 Feb 2023лв2.6bлв8.0bлв452.9m13.1x5.7x0.3x
Price to Earnings Ratio

5.7x


Total Market Cap: лв2.6bTotal Earnings: лв452.9mTotal Revenue: лв8.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Financials Sector Price to Earnings3Y Average 6.6x202420252026
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 7.7x which is higher than its 3-year average PE of 6.6x.
  • The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 12% per year over the last three years,
  • Revenues have also declined 33% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Bulgarian Financials sector?

BG Market0.11%
Financials-0.65%
Capital Markets0.23%
Mortgage REITs0%0
Banks-0.77%
Insurance-0.90%
Diversified Financial-2.03%
Consumer Finance-2.27%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 54.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 5.3x.
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?

CompanyLast Price7D1YValuation
EUBG Eurohold Bulgaria AD€1.100.9%
+€2.6m		12.0%PE5.9x
NIS Immovable Properties Sofia REIT Sofia€4.4295.8%
+€1.4m		2.6%n/a
HRC HR Capital AD€3.843.8%
+€1.3m		193.3%PE25.3x
PAY Paysera Bulgaria JSC€3.7032.1%
+€775.0k		4.6%n/a
HREP Republica Holding AD€1.383.8%
+€734.5k		34.9%n/a

Latest News

FIB
€3.40
First Investment Bank AD
7D
-0.6%
1Y
66.2%
HVAR
€25.00
Holding Varna AD
7D
-0.8%
1Y
4.9%
11C
€8.80
Eleven Capital AD
7D
-5.4%
1Y
16.3%
BACB
€8.40
Bulgarian-American Credit Bank AD
7D
-1.2%
1Y
43.7%
HRC
€3.84
HR Capital AD
7D
3.8%
1Y
193.3%

HR Capital AD's (BUL:HRC) Shares Climb 50% But Its Business Is Yet to Catch Up

Jan 24
HR Capital AD's (BUL:HRC) Shares Climb 50% But Its Business Is Yet to Catch Up
CCB
€1.82
Central Cooperative Bank AD
7D
-1.1%
1Y
108.8%
DUH
€6.58
Doverie United Holding AD
7D
-4.4%
1Y
60.0%
PAY
€3.70
Paysera Bulgaria JSC
7D
32.1%
1Y
4.6%
WIN
€0.63
Webit Investment Network AD
7D
6.8%
1Y
15.1%
EUBG
€1.10
Eurohold Bulgaria AD
7D
0.9%
1Y
12.0%

Lacklustre Performance Is Driving Eurohold Bulgaria AD's (BUL:EUBG) 46% Price Drop

Jan 06
Lacklustre Performance Is Driving Eurohold Bulgaria AD's (BUL:EUBG) 46% Price Drop
NIS
€4.42
Immovable Properties Sofia REIT Sofia
7D
95.8%
1Y
2.6%
SNRG
€0.57
Synergon Holding AD
7D
4.5%
1Y
14.1%
HREP
€1.38
Republica Holding AD
7D
3.8%
1Y
34.9%
TRIV
€0.81
Transinvestment SPV
7D
-48.9%
1Y
-32.3%
SCOM
€2.54
Sofia Commerce-Pawn Brokerage AD
7D
-5.2%
1Y
48.2%

Investors Aren't Entirely Convinced By Sofia Commerce-Pawn Brokerage AD's (BUL:SCOM) Earnings

Jan 14
Investors Aren't Entirely Convinced By Sofia Commerce-Pawn Brokerage AD's (BUL:SCOM) Earnings