Header cover image

Bulgarian (SOFIX) REITS Industry Analysis

UpdatedAug 02, 2026
DataAggregated Company Financials
Companies21
  • 7D0.3%
  • 3M-3.6%
  • 1Y-3.4%
  • YTD0.3%

Last week, the REITS industry hasn't moved much but Bulgarian Real Estate Fund REIT is up 3.9% in that time. As for the longer term, the industry has declined 3.4% in the last year.

Industry Valuation and Performance

Has the Bulgarian REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Aug 2026лв511.5mлв89.6mлв36.8m50.7x13.9x5.7x
Tue, 30 Jun 2026лв513.9mлв70.8mлв35.1m50.7x14.6x7.3x
Thu, 28 May 2026лв521.1mлв70.1mлв34.8m59x15x7.4x
Sat, 25 Apr 2026лв505.5mлв66.7mлв34.2m58.4x14.8x7.6x
Mon, 23 Mar 2026лв532.3mлв67.0mлв30.6m46.1x17.4x7.9x
Wed, 18 Feb 2026лв535.8mлв65.3mлв30.8m26.8x17.4x8.2x
Fri, 16 Jan 2026лв510.7mлв53.5mлв33.1m26.6x15.4x9.5x
Sun, 14 Dec 2025лв1.0bлв102.6mлв62.8m19.1x16.6x10.2x
Tue, 11 Nov 2025лв1.0bлв105.1mлв63.9m20x16x9.7x
Thu, 09 Oct 2025лв1.0bлв105.9mлв63.2m18.1x16.5x9.8x
Sat, 06 Sep 2025лв1.1bлв98.4mлв55.7m15.5x19x10.8x
Mon, 04 Aug 2025лв1.1bлв106.7mлв66.0m24.2x15.9x9.9x
Wed, 02 Jul 2025лв1.0bлв64.3mлв54.1m24.2x19x16x
Fri, 30 May 2025лв982.2mлв63.7mлв48.3m25.2x20.4x15.4x
Sun, 27 Apr 2025лв870.0mлв63.3mлв47.1m24.8x18.5x13.7x
Tue, 25 Mar 2025лв924.0mлв63.8mлв44.9m43.8x20.6x14.5x
Thu, 20 Feb 2025лв928.0mлв61.4mлв42.7m53.2x21.7x15.1x
Sat, 18 Jan 2025лв932.1mлв57.5mлв43.1m17.5x21.6x16.2x
Mon, 16 Dec 2024лв909.6mлв56.6mлв43.2m17.3x21.1x16.1x
Wed, 13 Nov 2024лв901.5mлв56.3mлв52.1m17.2x17.3x16x
Fri, 11 Oct 2024лв841.1mлв55.6mлв53.4m17x15.7x15.1x
Sun, 08 Sep 2024лв832.1mлв59.8mлв56.0m16.3x14.9x13.9x
Tue, 06 Aug 2024лв892.6mлв60.2mлв48.4m18.2x18.4x14.8x
Thu, 04 Jul 2024лв865.3mлв57.3mлв49.9m17.7x17.4x15.1x
Sat, 01 Jun 2024лв845.9mлв47.0mлв49.5m16.9x17.1x18x
Mon, 29 Apr 2024лв831.1mлв60.1mлв48.6m16.5x17.1x13.8x
Wed, 27 Mar 2024лв843.7mлв59.5mлв47.7m19.3x17.7x14.2x
Fri, 23 Feb 2024лв786.1mлв59.1mлв47.8m19.6x16.4x13.3x
Sun, 21 Jan 2024лв893.2mлв68.0mлв52.3m13.7x17.1x13.1x
Tue, 19 Dec 2023лв859.6mлв68.0mлв51.7m12.6x16.6x12.6x
Thu, 16 Nov 2023лв819.3mлв69.0mлв49.5m12.6x16.6x11.9x
Sat, 14 Oct 2023лв866.5mлв59.4mлв47.4m14.4x18.3x14.6x
Mon, 11 Sep 2023лв922.4mлв62.8mлв51.8m15.5x17.8x14.7x
Wed, 09 Aug 2023лв901.6mлв60.6mлв51.9m15.5x17.4x14.9x
Price to Earnings Ratio

17.4x


Total Market Cap: лв901.6mTotal Earnings: лв51.9mTotal Revenue: лв60.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian REITS Industry Price to Earnings3Y Average 17.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Bulgarian REITs 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 13.9x which is lower than its 3-year average PE of 17.6x.
  • The 3-year average PS ratio of 12.9x is higher than the industry's current PS ratio of 5.7x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

BG Market0.077%
Real Estate0.17%
REITS0.29%
Diversified REITs0.29%
Office REITs0%0
Residential REITs0%0
Specialized REITs-0.75%
Industry PE
  • Investors are most optimistic about the Specialized REITs industry which is trading above its 3-year average PE ratio of 93.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Diversified REITs industry, which is trading below its 3-year average of 17.7x.
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 REIT€2.693.9%
+€3.5m
3.2%PB1.2x
EALF Elana Agricultural Land Fund REIT-Sofia€0.55159.5%
+€3.0m
n/an/a
EXPR Exclusive Property REIT-Sofia€1.252.5%
+€283.6k
8.4%PB1.2x
ICPD Intercapital Property Development ADSIC€0.313.3%
+€277.7k
n/aPB1x

Latest News