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Bulgarian (SOFIX) Capital Markets Industry Analysis

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies33
  • 7D0.4%
  • 3M-0.7%
  • 1Y37.2%
  • YTD14.0%

Last week, the Capital Markets industry hasn't moved much but HR Capital AD is up 9.7% in that time. The past year has been better, since the industry has gained 37% in that time.

Industry Valuation and Performance

Has the Bulgarian Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 May 2026лв862.5mлв76.8mлв19.8m37.7x43.6x11.2x
Wed, 08 Apr 2026лв855.5mлв78.1mлв21.2m36.9x40.4x11x
Fri, 06 Mar 2026лв737.9mлв23.0mлв17.9m41.5x41.2x32x
Sun, 01 Feb 2026лв754.2mлв75.7mлв23.7m32x31.8x10x
Tue, 30 Dec 2025лв1.3bлв146.1mлв44.4m30.3x30.1x9.2x
Thu, 27 Nov 2025лв1.4bлв148.7mлв49.9m31.3x28x9.4x
Sat, 25 Oct 2025лв1.3bлв146.2mлв51.4m28.7x26.1x9.2x
Mon, 22 Sep 2025лв1.5bлв136.9mлв41.6m31.7x35.8x10.9x
Wed, 20 Aug 2025лв1.5bлв133.4mлв54.2m40.4x27.2x11x
Fri, 18 Jul 2025лв1.4bлв117.4mлв29.3m41.3x49.4x12.3x
Sun, 15 Jun 2025лв1.3bлв117.5mлв29.4m39.6x45.7x11.4x
Tue, 13 May 2025лв1.2bлв118.2mлв26.5m35.2x43.9x9.8x
Thu, 10 Apr 2025лв1.2bлв117.0mлв27.2m33.9x44.3x10.3x
Sat, 08 Mar 2025лв1.2bлв135.1mлв38.2m20x31.7x9x
Mon, 03 Feb 2025лв1.1bлв132.8mлв36.1m20.6x31.7x8.6x
Wed, 01 Jan 2025лв1.2bлв132.8mлв36.1m20.1x32.1x8.7x
Fri, 29 Nov 2024лв1.1bлв129.6mлв29.3m12.7x38.2x8.7x
Sun, 27 Oct 2024лв1.1bлв125.7mлв24.8m12.6x46.1x9.1x
Tue, 24 Sep 2024лв1.1bлв125.8mлв23.3m12.5x45.6x8.4x
Thu, 22 Aug 2024лв1.0bлв126.1mлв25.8m19.4x39.8x8.2x
Sat, 20 Jul 2024лв1.0bлв127.1mлв26.8m19.6x37.3x7.9x
Mon, 17 Jun 2024лв1.1bлв125.7mлв28.5m12.6x38x8.6x
Wed, 15 May 2024лв1.1bлв112.8mлв27.2m12.2x39.4x9.5x
Fri, 12 Apr 2024лв1.1bлв112.1mлв29.3m15.6x36.3x9.5x
Sun, 10 Mar 2024лв1.0bлв113.4mлв27.9m13.8x36.1x8.9x
Tue, 06 Feb 2024лв1.0bлв112.2mлв22.6m12.3x45.6x9.2x
Thu, 04 Jan 2024лв1.0bлв112.7mлв21.9m8.8x47.7x9.3x
Sat, 02 Dec 2023лв1.0bлв112.2mлв20.1m11.9x50.4x9x
Mon, 30 Oct 2023лв1.1bлв112.9mлв20.8m12.5x50.7x9.3x
Wed, 27 Sep 2023лв1.0bлв109.8mлв21.2m12.9x48.5x9.4x
Fri, 25 Aug 2023лв1.0bлв109.0mлв22.3m19.4x46x9.4x
Sun, 23 Jul 2023лв973.0mлв107.7mлв21.0m20.2x46.3x9x
Tue, 20 Jun 2023лв936.5mлв101.6mлв13.3m12.1x70.6x9.2x
Thu, 18 May 2023лв916.0mлв101.6mлв12.8m12.6x71.8x9x
Price to Earnings Ratio

71.8x


Total Market Cap: лв916.0mTotal Earnings: лв12.8mTotal Revenue: лв101.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Capital Markets Industry Price to Earnings3Y Average 41.4x202420252026
Current Industry PE
  • Investors are relatively neutral on the Bulgarian Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 41.5x.
  • The industry is trading close to its 3-year average PS ratio of 10.2x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 16% per year over the last three years.
  • Meanwhile revenues for these companies have declined 8.9% 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 industry?

BG Market1.06%
Financials-0.66%
Capital Markets0.45%
Financial Exchanges and Data1.20%
Asset Management0.34%
Investment Banking and Brokerage0%0
Industry PE
  • Investors are most optimistic about the Asset Management industry, which is trading close to its 3-year average PE ratio of 65.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Financial Exchanges and Data industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.4x.
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
HRC HR Capital AD€3.629.7%
+€2.9m		208.0%PE15x
ALFB Alpha Bulgaria AD€3.302.5%
+€2.1m		1,981.9%n/a
BSE Bulgarian Stock Exchange AD€8.401.2%
+€1.3m		108.3%PE13.4x
BHC Bulgarian Holding Company AD€0.7027.3%
+€987.6k		n/an/a
HREP Republica Holding AD€1.502.7%
+€587.6k		38.6%n/a

Latest News

HRC
€3.62
HR Capital AD
7D
9.7%
1Y
208.0%
WIN
€0.55
Webit Investment Network AD
7D
-2.7%
1Y
-14.6%
IMP
€0.69
ImPulse Growth AD
7D
3.0%
1Y
-10.5%
SNRG
€0.44
Synergon Holding AD
7D
-7.6%
1Y
-14.8%
BSE
€8.40
Bulgarian Stock Exchange AD
7D
1.2%
1Y
108.3%
11C
€6.70
Eleven Capital AD
7D
-9.7%
1Y
-1.3%
HREP
€1.50
Republica Holding AD
7D
2.7%
1Y
38.6%
ALFB
€3.30
Alpha Bulgaria AD
7D
2.5%
1Y
1,981.9%
HSOF
€1.83
Holding Sveta Sofia AD
7D
-8.0%
1Y
n/a
TRIV
€0.81
Transinvestment SPV
7D
-48.9%
1Y
-32.3%
INDF
€0.70
Industrial fund - Investment company JSC
7D
-2.8%
1Y
n/a