Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Bulgarian (SOFIX) Real Estate Sector Analysis

UpdatedApr 26, 2025
DataAggregated Company Financials
Companies32
  • 7D-0.7%
  • 3M-1.7%
  • 1Y2.5%
  • YTD-1.1%

In the last week, the Real Estate industry is flat overall, with Sopharma Properties REIT standing out by going down 7.8%. In line with that, the industry has also been flat over the past 12 months.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 26 Apr 2025лв2.1bлв152.2mлв59.8m48.3x35.6x14x
Mon, 24 Mar 2025лв2.1bлв152.8mлв63.9m40.2x33.3x13.9x
Wed, 19 Feb 2025лв2.1bлв145.1mлв68.1m53.2x31.3x14.7x
Fri, 17 Jan 2025лв2.1bлв141.2mлв69.3m28.6x31x15.2x
Sun, 15 Dec 2024лв2.1bлв140.3mлв69.5m25.1x30.4x15.1x
Tue, 12 Nov 2024лв2.1bлв140.0mлв81.0m20.9x26x15.1x
Thu, 10 Oct 2024лв2.0bлв137.0mлв81.1m20.2x25.1x14.8x
Sat, 07 Sep 2024лв2.3bлв142.0mлв81.8m19.1x28.5x16.4x
Mon, 05 Aug 2024лв2.5bлв141.6mлв74.3m17.5x33.8x17.8x
Wed, 03 Jul 2024лв2.5bлв138.6mлв73.5m19.7x34.2x18.2x
Fri, 31 May 2024лв2.0bлв129.0mлв70.7m20.6x29x15.9x
Sun, 28 Apr 2024лв2.0bлв164.1mлв66.0m25x30.8x12.4x
Tue, 26 Mar 2024лв2.5bлв206.6mлв70.6m35.9x35.2x12x
Thu, 22 Feb 2024лв2.4bлв207.3mлв55.1m30.7x43.9x11.7x
Sat, 20 Jan 2024лв2.5bлв238.4mлв162.4m18.6x15.7x10.7x
Mon, 18 Dec 2023лв2.5bлв238.1mлв162.6m19.4x15.3x10.4x
Wed, 15 Nov 2023лв2.4bлв225.4mлв159.3m28.1x15.2x10.8x
Fri, 13 Oct 2023лв2.5bлв215.4mлв154.8m34.2x15.9x11.5x
Sun, 10 Sep 2023лв2.5bлв217.6mлв162.0m26.6x15.7x11.7x
Tue, 08 Aug 2023лв2.5bлв215.5mлв160.7m19.7x15.7x11.7x
Thu, 06 Jul 2023лв2.5bлв242.9mлв161.0m20.2x15.7x10.4x
Sat, 03 Jun 2023лв2.5bлв180.8mлв148.0m19.2x16.9x13.9x
Mon, 01 May 2023лв2.6bлв153.9mлв151.9m27x16.8x16.6x
Wed, 29 Mar 2023лв2.5bлв148.7mлв70.0m22.7x35.5x16.7x
Fri, 24 Feb 2023лв2.5bлв144.5mлв68.8m20.3x36.1x17.2x
Sun, 22 Jan 2023лв2.5bлв99.6mлв36.3m29.5x67.8x24.7x
Tue, 20 Dec 2022лв2.4bлв98.8mлв35.8m24.3x67.8x24.6x
Thu, 17 Nov 2022лв2.2bлв95.2mлв34.3m29.1x62.9x22.7x
Sat, 15 Oct 2022лв2.1bлв152.1mлв44.6m27.7x46.4x13.6x
Mon, 12 Sep 2022лв2.3bлв152.4mлв43.8m32x53.4x15.4x
Wed, 10 Aug 2022лв2.3bлв151.6mлв43.4m32.8x53x15.2x
Fri, 08 Jul 2022лв2.3bлв158.1mлв44.1m33x52.6x14.6x
Sun, 05 Jun 2022лв18.5bлв158.9mлв35.3m34.8x525.8x116.7x
Tue, 03 May 2022лв18.5bлв150.2mлв29.2m34.9x634.8x123.2x
Price to Earnings Ratio

634.8x


Total Market Cap: лв18.5bTotal Earnings: лв29.2mTotal Revenue: лв150.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Real Estate Sector Price to Earnings3Y Average 61.4x202320242025
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 35.6x which is lower than its 3-year average PE of 61.4x.
  • The 3-year average PS ratio of 20.2x is higher than the industry's current PS ratio of 14.0x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 27% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Bulgarian Real Estate sector?

BG Market-0.29%
Real Estate-0.70%
Real Estate0.026%
Residential REITs0%0
Office REITs0%0
REITS-1.25%
Specialized REITs-1.29%
Industry PE
  • Investors are most optimistic about the Specialized REITs industry which is trading above its 3-year average PE ratio of 30.6x.
    • 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, which is trading below its 3-year average of 22.4x.
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
BREF Bulgarian Real Estate Fund REITлв4.080.5%
+лв692.8k		63.2%PB0.9x
ALT Alteron REITлв25.800.8%
+лв301.0k		n/aPB0.9x
CITP Citi Properties REITлв1.260.8%
+лв295.4k		12.5%PB1.2x
ERG ERG Capital-3 REIT-Sofiaлв6.001.7%
+лв210.0k		n/aPB1.5x
NLC Neo London Capitalлв236.000.9%
+лв199.9k		15.7%PE144.7x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ERG

лв6.00

ERG Capital-3 REIT-Sofia

7D

1.7%

1Y

n/a

NLC

лв236.00

Neo London Capital

7D

0.9%

1Y

15.7%

CITP

лв1.26

Citi Properties REIT

7D

0.8%

1Y

12.5%

FUES

лв0.035

Fund Estates REIT

7D

-12.5%

1Y

n/a

SFI

лв7.10

Sopharma Properties REIT

7D

-7.8%

1Y

-18.4%

ATER

лв3.06

Advance Terrafund REIT

7D

-1.3%

1Y

-9.7%

BREF

лв4.08

Bulgarian Real Estate Fund REIT

7D

0.5%

1Y

63.2%

ALT

лв25.80

Alteron REIT

7D

0.8%

1Y

n/a