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Bulgarian (SOFIX) Real Estate Sector Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies33
  • 7D0.7%
  • 3M1.0%
  • 1Y9.8%
  • YTD7.0%

Last week, the Real Estate industry hasn't moved much but Fairplay Properties REIT is up 28% in that time. The past year has been better, since the industry has gained 11% in that time.

Sector Valuation and Performance

Has the Bulgarian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022лв2.2bлв95.2mлв34.3m31.7x62.9x22.7x
Tue, 25 Oct 2022лв2.1bлв152.1mлв44.6m27.7x46.3x13.6x
Thu, 22 Sep 2022лв2.1bлв152.1mлв44.9m27.8x46.7x13.8x
Sat, 20 Aug 2022лв2.3bлв151.6mлв43.4m32.9x52.9x15.1x
Mon, 18 Jul 2022лв2.3bлв158.2mлв44.0m32.5x53x14.8x
Wed, 15 Jun 2022лв18.6bлв158.8mлв41.3m34.2x451x117.3x
Fri, 13 May 2022лв18.5bлв150.1mлв27.3m34.8x674.9x122.9x
Sun, 10 Apr 2022лв18.6bлв164.1mлв32.3m32.5x574.6x113.2x
Tue, 08 Mar 2022лв18.6bлв174.4mлв36.5m33.8x508.7x106.6x
Thu, 03 Feb 2022лв19.0bлв166.3mлв31.2m30.9x609.4x114.2x
Sat, 01 Jan 2022лв19.0bлв155.1mлв39.1m32.3x485.5x122.5x
Mon, 29 Nov 2021лв18.9bлв162.5mлв51.4m38.7x367.8x116.4x
Wed, 27 Oct 2021лв18.8bлв127.0mлв43.0m43.5x438.3x148.4x
Fri, 24 Sep 2021лв18.6bлв123.4mлв42.5m36.6x437.7x150.8x
Sun, 22 Aug 2021лв18.5bлв135.8mлв36.0m37.7x514.7x136.4x
Fri, 09 Jul 2021лв18.5bлв135.8mлв36.0m37.6x513.1x136x
Thu, 01 Apr 2021лв18.8bлв109.4mлв32.0m34.6x586.2x171.6x
Sun, 03 Jan 2021лв19.4bлв109.6mлв30.7m41.7x632.3x177.2x
Wed, 07 Oct 2020лв19.4bлв116.4mлв35.2m40.1x550.4x166.3x
Tue, 30 Jun 2020лв19.2bлв112.3mлв33.5m36.2x572.8x170.7x
Fri, 03 Apr 2020лв18.3bлв118.9mлв27.9m30.3x655.2x153.8x
Mon, 06 Jan 2020лв18.8bлв114.8m-лв48,346,000.0028.5x-389.8x164.2x
Price to Earnings Ratio

362.9x


Total Market Cap: лв18.8bTotal Earnings: лв51.8mTotal Revenue: лв142.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Real Estate Sector Price to Earnings3Y Average 397.7x202020212022
Current Industry PE
  • Investors are pessimistic on the Bulgarian Real Estate 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 62.6x which is lower than its 3-year average PE of 399x.
  • The 3-year average PS ratio of 131x is higher than the industry's current PS ratio of 22.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 13% per year over the last three years,
  • Revenues have also declined 13% 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 Real Estate sector?

BG Market0.28%
Real Estate0.66%
REITS1.70%
Real Estate-0.48%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 408x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the REITS industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 34.4x.
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
FPP Fairplay Properties REITлв0.9027.9%
+лв12.5m
27.9%PB0.8x
ATER Advance Terrafund REITлв3.032.4%
+лв6.0m
3.4%PB1x
BREF Bulgarian Real Estate Fund REITлв2.165.9%
+лв4.2m
0.9%PB0.7x
PREM Premier Fund REITлв12.606.8%
+лв1.4m
n/aPB1.2x
PLG Puldin Properties Invest REITлв2.320.9%
+лв386.0k
10.5%n/a
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Latest News

PREM

лв12.60

Premier Fund REIT

7D

6.8%

1Y

n/a

FPP

лв0.90

Fairplay Properties REIT

7D

27.9%

1Y

27.9%