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Bulgarian (SOFIX) Real Estate Sector Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies27
  • 7D0.3%
  • 3M-1.0%
  • 1Y3.0%
  • YTD0.04%

Over the last 7 days, the Real Estate industry has remained flat, although notably Bulgarian Real Estate Fund REIT gained 3.2%. The past year has been better, since the industry has gained 3.0% in that time.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Apr 2024лв2.0bлв164.4mлв57.4m34x35.5x12.4x
Tue, 12 Mar 2024лв2.5bлв210.1mлв70.6m35.9x34.9x11.7x
Thu, 08 Feb 2024лв2.4bлв206.0mлв54.4m30.4x43.6x11.5x
Sat, 06 Jan 2024лв2.5bлв238.4mлв162.4m18.7x15.5x10.6x
Mon, 04 Dec 2023лв2.5bлв226.0mлв160.6m28x15.5x11x
Wed, 01 Nov 2023лв2.5bлв215.6mлв154.8m34.2x16.1x11.5x
Fri, 29 Sep 2023лв2.5bлв215.2mлв159.1m26.4x15.9x11.8x
Sun, 27 Aug 2023лв2.5bлв217.2mлв161.3m19.8x15.8x11.7x
Tue, 25 Jul 2023лв2.5bлв229.8mлв161.7m22.7x15.5x10.9x
Thu, 22 Jun 2023лв2.5bлв197.5mлв149.3m19.2x16.8x12.7x
Sat, 20 May 2023лв2.5bлв177.7mлв147.0m19.2x17.1x14.2x
Mon, 17 Apr 2023лв2.5bлв157.0mлв152.5m19.9x16.7x16.2x
Wed, 15 Mar 2023лв2.5bлв149.6mлв71.0m20.2x35.1x16.6x
Fri, 10 Feb 2023лв2.5bлв145.2mлв71.7m20.4x34.6x17.1x
Sun, 08 Jan 2023лв2.5bлв99.5mлв36.2m24.9x67.8x24.6x
Tue, 06 Dec 2022лв2.4bлв96.8mлв34.6m23.8x69.6x24.9x
Thu, 03 Nov 2022лв2.1bлв153.3mлв43.8m22x47.7x13.6x
Sat, 01 Oct 2022лв2.1bлв152.1mлв44.6m27.7x46.7x13.7x
Mon, 29 Aug 2022лв2.3bлв152.4mлв43.8m33.1x52.5x15.1x
Wed, 27 Jul 2022лв2.3bлв158.2mлв44.0m32.5x52.4x14.6x
Fri, 24 Jun 2022лв2.3bлв158.1mлв44.6m34.8x51.3x14.5x
Sun, 22 May 2022лв18.5bлв151.2mлв27.4m35.2x673.3x122.1x
Tue, 19 Apr 2022лв18.6bлв150.2mлв34.9m34.2x532.5x123.6x
Thu, 17 Mar 2022лв18.6bлв174.3mлв36.5m33.8x509.8x106.9x
Sat, 12 Feb 2022лв19.0bлв167.8mлв33.3m32.3x571.4x113.4x
Mon, 10 Jan 2022лв19.0bлв165.0mлв37.7m30x503.4x115.2x
Wed, 08 Dec 2021лв18.7bлв158.5mлв49.3m34.5x379.8x118.1x
Fri, 05 Nov 2021лв19.1bлв165.4mлв50.4m38.8x378.9x115.4x
Sun, 03 Oct 2021лв18.6bлв123.4mлв42.5m38.5x438.2x150.9x
Tue, 31 Aug 2021лв18.5bлв135.8mлв36.0m38.3x514.6x136.4x
Wed, 07 Jul 2021лв18.5bлв135.8mлв36.0m37.6x513.1x136x
Price to Earnings Ratio

586.5x


Total Market Cap: лв18.8bTotal Earnings: лв32.0mTotal Revenue: лв109.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Real Estate Sector Price to Earnings3Y Average 218.6x202220232024
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 35.5x which is lower than its 3-year average PE of 219x.
  • The 3-year average PS ratio of 59.8x is higher than the industry's current PS ratio of 12.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Real Estate sector?

BG Market0.23%
Real Estate0.35%
Real Estate0.51%
Specialized REITs0.29%
REITS0.28%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
Industry PE
  • Investors are most optimistic about the Specialized REITs industry which is trading above its 3-year average PE ratio of 26.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
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 REITлв2.583.2%
+лв2.8m
15.2%PB0.7x
CHSB Himsnab Bulgaria ADлв62.001.6%
+лв2.5m
n/aPE17.2x
GTH Galata Investment Company ADлв2.580.8%
+лв1.4m
6.6%PE19657.1x
ATER Advance Terrafund REITлв3.400.3%
+лв851.1k
-2.6%PB0.9x
BPF Bravo Property Fund REITлв1.080.9%
+лв367.0k
8.0%PB1x
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Latest News

CHSB

лв62.00

Himsnab Bulgaria AD

7D

1.6%

1Y

n/a

BREF

лв2.58

Bulgarian Real Estate Fund REIT

7D

3.2%

1Y

15.2%

ATER

лв3.40

Advance Terrafund REIT

7D

0.3%

1Y

-2.6%