Bulgarian (SOFIX) Financials Sector Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies49
- 7D-0.6%
- 3M-2.8%
- 1Y13.3%
- YTD-0.9%
The Financials is pretty flat in the last 7 days, but Eurohold Bulgaria AD has stood out, gaining 7.9%. The past year has been better, since the industry has gained 14% 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 |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | лв2.8b | лв5.3b | лв617.8m | 7.6x | 4.5x | 0.5x |
| Sat, 16 Mar 2024 | лв2.8b | лв5.4b | лв617.4m | 7.7x | 4.5x | 0.5x |
| Mon, 12 Feb 2024 | лв2.7b | лв5.4b | лв637.2m | 8.8x | 4.3x | 0.5x |
| Wed, 10 Jan 2024 | лв2.8b | лв5.4b | лв644.0m | 7x | 4.4x | 0.5x |
| Fri, 08 Dec 2023 | лв2.8b | лв5.3b | лв626.8m | 7.6x | 4.5x | 0.5x |
| Sun, 05 Nov 2023 | лв2.8b | лв5.9b | лв644.7m | 10.6x | 4.4x | 0.5x |
| Tue, 03 Oct 2023 | лв2.8b | лв5.9b | лв645.9m | 9.9x | 4.3x | 0.5x |
| Thu, 31 Aug 2023 | лв2.7b | лв6.3b | лв611.7m | 9.7x | 4.5x | 0.4x |
| Sat, 29 Jul 2023 | лв2.6b | лв6.2b | лв571.4m | 11.9x | 4.6x | 0.4x |
| Mon, 26 Jun 2023 | лв2.7b | лв6.2b | лв566.1m | 10.6x | 4.7x | 0.4x |
| Wed, 24 May 2023 | лв2.5b | лв7.6b | лв328.1m | 10.9x | 7.8x | 0.3x |
| Fri, 21 Apr 2023 | лв2.4b | лв7.5b | лв314.4m | 11.1x | 7.8x | 0.3x |
| Sun, 19 Mar 2023 | лв2.5b | лв7.5b | лв311.7m | 12.5x | 7.9x | 0.3x |
| Tue, 14 Feb 2023 | лв2.6b | лв8.0b | лв452.9m | 13.1x | 5.7x | 0.3x |
| Thu, 12 Jan 2023 | лв2.6b | лв8.0b | лв466.8m | 8.8x | 5.5x | 0.3x |
| Sat, 10 Dec 2022 | лв2.4b | лв8.0b | лв465.8m | 6.9x | 5.2x | 0.3x |
| Mon, 07 Nov 2022 | лв2.5b | лв7.2b | лв412.9m | 7.1x | 6x | 0.3x |
| Wed, 05 Oct 2022 | лв2.5b | лв7.2b | лв408.6m | 7.6x | 6.1x | 0.3x |
| Fri, 02 Sep 2022 | лв2.6b | лв7.1b | лв400.8m | 7.8x | 6.5x | 0.4x |
| Sun, 31 Jul 2022 | лв2.5b | лв6.1b | лв370.0m | 8.2x | 6.8x | 0.4x |
| Tue, 28 Jun 2022 | лв2.6b | лв6.1b | лв370.7m | 8.3x | 6.9x | 0.4x |
| Thu, 26 May 2022 | лв2.6b | лв4.8b | лв327.1m | 9.6x | 7.9x | 0.5x |
| Sat, 23 Apr 2022 | лв2.7b | лв4.8b | лв315.4m | 9.5x | 8.5x | 0.6x |
| Mon, 21 Mar 2022 | лв2.6b | лв4.8b | лв311.2m | 8.5x | 8.2x | 0.5x |
| Wed, 16 Feb 2022 | лв2.6b | лв3.2b | лв156.4m | 10.1x | 16.4x | 0.8x |
| Fri, 14 Jan 2022 | лв2.6b | лв3.2b | лв142.7m | 11.5x | 18x | 0.8x |
| Sun, 12 Dec 2021 | лв2.4b | лв3.1b | лв125.4m | 11.2x | 19.2x | 0.8x |
| Tue, 09 Nov 2021 | лв2.4b | лв2.7b | лв93.4m | 15.6x | 25.4x | 0.9x |
| Thu, 07 Oct 2021 | лв2.3b | лв2.7b | лв83.1m | 16.2x | 28.1x | 0.9x |
| Sat, 04 Sep 2021 | лв2.4b | лв2.7b | лв83.7m | 16.2x | 28.3x | 0.9x |
| Mon, 02 Aug 2021 | лв2.4b | лв2.7b | лв83.7m | 14.8x | 28.8x | 0.9x |
| Thu, 06 May 2021 | лв2.2b | лв2.5b | лв72.6m | 13.3x | 29.7x | 0.9x |
Price to Earnings Ratio
29.7x
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 4.5x which is lower than its 3-year average PE of 11.4x.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 104% per year over the last three years.
- Revenues for these companies have grown 28% 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 | 0.89% | |
| Financials | -0.63% | |
| Insurance | 6.07% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Banks | -0.67% | |
| Consumer Finance | -0.70% | |
| Diversified Financial | -2.06% | |
| Capital Markets | -2.21% | |
Industry PE
- Investors are most optimistic about the Mortgage REITs industry which is trading above 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 | |
|---|---|---|---|---|---|
| EUBG Eurohold Bulgaria AD | лв1.38 | 6.2% +лв20.8m | -1.4% | PE1.7x | |
| BACB Bulgarian-American Credit Bank AD | лв7.30 | 5.0% +лв8.6m | 35.2% | PB0.6x | |
| CCB Central Cooperative Bank AD | лв1.50 | 1.4% +лв2.5m | 7.1% | PB0.3x | |
| SNRG Synergon Holding AD | лв1.15 | 3.6% +лв734.4k | 15.0% | n/a | |
| NIS Immovable Properties Sofia REIT Sofia | лв8.10 | 1.3% +лв65.0k | 2.5% | PE4.7x |