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Bulgarian (SOFIX) Real Estate Sector Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies29
  • 7D-1.0%
  • 3M0.3%
  • 1Y1.9%
  • YTD-1.0%

In the last week, the Real Estate industry is flat overall, with Fairplay Properties REIT standing out by going down 6.4%. 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
Tue, 21 Jan 2025лв2.1bлв141.2mлв69.3m28.6x30.8x15.1x
Thu, 19 Dec 2024лв2.1bлв141.2mлв69.3m28.4x30.9x15.2x
Sat, 16 Nov 2024лв2.1bлв140.0mлв81.0m20.8x26x15x
Mon, 14 Oct 2024лв2.1bлв137.1mлв80.5m20.1x26x15.2x
Wed, 11 Sep 2024лв2.5bлв142.2mлв85.4m18.8x29.1x17.5x
Fri, 09 Aug 2024лв2.5bлв141.2mлв75.3m19.5x33.9x18.1x
Sun, 07 Jul 2024лв2.5bлв138.6mлв73.9m20.1x34x18.1x
Tue, 04 Jun 2024лв2.0bлв129.0mлв70.7m20x28.7x15.8x
Thu, 02 May 2024лв2.0bлв164.6mлв66.4m25.8x30.7x12.4x
Sat, 30 Mar 2024лв2.0bлв204.5mлв53.8m35.9x37.9x10x
Mon, 26 Feb 2024лв2.4bлв207.3mлв55.1m30.7x44.1x11.7x
Wed, 24 Jan 2024лв2.5bлв238.4mлв162.4m18.6x15.7x10.7x
Fri, 22 Dec 2023лв2.5bлв238.1mлв162.6m19.4x15.3x10.4x
Sun, 19 Nov 2023лв2.5bлв225.4mлв159.3m28.1x15.6x11.1x
Tue, 17 Oct 2023лв2.5bлв215.6mлв154.8m34.2x16x11.5x
Thu, 14 Sep 2023лв2.5bлв217.6mлв162.0m26.6x15.7x11.7x
Sat, 12 Aug 2023лв2.5bлв215.5mлв160.7m19.7x15.6x11.7x
Mon, 10 Jul 2023лв2.5bлв230.8mлв161.0m20.3x15.7x10.9x
Wed, 07 Jun 2023лв2.5bлв192.9mлв147.5m19.2x17x13x
Fri, 05 May 2023лв2.5bлв178.1mлв149.5m27x17x14.2x
Sun, 02 Apr 2023лв2.5bлв141.9mлв55.3m24.7x45.5x17.7x
Tue, 28 Feb 2023лв2.5bлв144.8mлв68.9m20.4x36x17.1x
Thu, 26 Jan 2023лв2.5bлв102.1mлв41.7m21.8x59.4x24.3x
Sat, 24 Dec 2022лв2.4bлв98.8mлв35.8m24.3x68.3x24.7x
Mon, 21 Nov 2022лв2.1bлв95.2mлв34.3m29.1x62.5x22.5x
Wed, 19 Oct 2022лв2.1bлв152.1mлв44.6m27.7x46.4x13.6x
Fri, 16 Sep 2022лв2.1bлв152.4mлв43.9m32x47.7x13.7x
Sun, 14 Aug 2022лв2.3bлв151.6mлв43.4m32.8x53x15.2x
Tue, 12 Jul 2022лв2.3bлв158.1mлв44.1m33x52.9x14.7x
Thu, 09 Jun 2022лв18.5bлв158.8mлв35.3m34.8x525.7x116.7x
Sat, 07 May 2022лв18.5bлв150.2mлв29.2m34.9x635x123.2x
Mon, 04 Apr 2022лв18.6bлв167.5mлв32.3m32.5x574.4x110.8x
Wed, 02 Mar 2022лв18.6bлв168.0mлв33.8m33.8x550.2x110.7x
Fri, 28 Jan 2022лв19.0bлв166.5mлв37.4m29.8x507.8x114.1x
Price to Earnings Ratio

507.8x


Total Market Cap: лв19.0bTotal Earnings: лв37.4mTotal Revenue: лв166.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Real Estate Sector Price to Earnings3Y Average 105.8x202320242025
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 31.0x which is lower than its 3-year average PE of 106x.
  • The 3-year average PS ratio of 28.8x is higher than the industry's current PS ratio of 15.2x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 23% per year over the last three years.
  • Meanwhile revenues for these companies have declined 5.3% 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 Real Estate sector?

BG Market0.054%
Real Estate-1.01%
Real Estate0%0
Residential REITs0%0
Hotel and Resort REITs0%0
Industrial REITs0%0
Health Care REITs0%0
Retail REITs0%0
Office REITs0%0
Specialized REITs-0.62%
REITS-2.14%
Industry PE
  • Investors are most optimistic about the Residential REITs industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Specialized REITs industry, which is trading below its 3-year average of 24.9x.
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
PREM Premier Fund REITлв13.900.7%
+лв180.0k
5.3%PB1.2x
ICPD Intercapital Property Development ADSICлв0.690.7%
+лв138.8k
n/aPB0.6x
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Latest News

FUES

лв0.031

Fund Estates REIT

7D

-11.4%

1Y

3.3%

FPP

лв0.88

Fairplay Properties REIT

7D

-6.4%

1Y

-10.7%

BREF

лв3.86

Bulgarian Real Estate Fund REIT

7D

-1.0%

1Y

47.3%

PREM

лв13.90

Premier Fund REIT

7D

0.7%

1Y

5.3%

ATER

лв3.23

Advance Terrafund REIT

7D

-0.6%

1Y

-2.1%

SFB

лв13.00

Sopharma Buildings REIT-Sofia

7D

-21.2%

1Y

-18.8%