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Bulgarian (SOFIX) REITS Industry Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
  • 7D1.7%
  • 3M1.5%
  • 1Y11.6%
  • YTD6.8%

Over the last 7 days, the REITS industry has remained flat, although notably Fairplay Properties REIT gained 28%. The past year has been better, since the industry has gained 12% in that time.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022лв1.3bлв78.5mлв32.7m25.3x38.9x16.2x
Tue, 25 Oct 2022лв1.2bлв115.5mлв37.7m22.8x31.4x10.2x
Thu, 22 Sep 2022лв1.2bлв115.5mлв37.7m23.9x32.3x10.5x
Sat, 20 Aug 2022лв1.2bлв114.9mлв36.1m29.5x33.1x10.4x
Mon, 18 Jul 2022лв1.2bлв121.5mлв37.3m33.8x32.9x10.1x
Wed, 15 Jun 2022лв1.2bлв121.5mлв37.3m34.2x31.7x9.7x
Fri, 13 May 2022лв1.1bлв112.8mлв29.3m35.3x37.9x9.9x
Sun, 10 Apr 2022лв1.1bлв126.7mлв27.5m30x41.6x9x
Tue, 08 Mar 2022лв1.2bлв137.1mлв37.0m18.6x32x8.6x
Thu, 03 Feb 2022лв1.2bлв128.6mлв32.0m18.9x36.9x9.2x
Sat, 01 Jan 2022лв1.2bлв118.0mлв32.1m24.5x36.7x10x
Mon, 29 Nov 2021лв1.1bлв121.8mлв39.0m18.3x28.6x9.2x
Wed, 27 Oct 2021лв1.1bлв81.7mлв32.6m27.5x33.1x13.2x
Fri, 24 Sep 2021лв1.1bлв80.2mлв32.3m24.3x33.2x13.4x
Sun, 22 Aug 2021лв1.0bлв92.3mлв25.8m29.8x39.1x10.9x
Fri, 09 Jul 2021лв956.0mлв92.3mлв25.8m26x37.1x10.4x
Thu, 01 Apr 2021лв918.4mлв65.9mлв22.0m33.5x41.8x13.9x
Sun, 03 Jan 2021лв999.3mлв67.5mлв22.2m41.6x45.1x14.8x
Wed, 07 Oct 2020лв955.6mлв72.3mлв27.7m29.5x34.5x13.2x
Tue, 30 Jun 2020лв778.7mлв70.9mлв26.0m17.1x30x11x
Fri, 03 Apr 2020лв757.2mлв76.1mлв26.0m17.7x29.1x9.9x
Mon, 06 Jan 2020лв896.3mлв76.0mлв28.9m19.2x31.1x11.8x
Price to Earnings Ratio


Total Market Cap: лв870.4mTotal Earnings: лв49.4mTotal Revenue: лв103.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian REITS Industry Price to Earnings3Y Average 34.4x202020212022
Current Industry PE
  • Investors are optimistic on the Bulgarian REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 38.6x which is higher than its 3-year average PE of 34.4x.
  • The 3-year average PS ratio of 11.4x is lower than the industry's current PS ratio of 16.1x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 13% per year over the last three years,
  • Revenues have also declined 8.8% 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 industry?

BG Market0.28%
Real Estate0.66%
Diversified REITs2.61%
Specialized REITs1.47%
Industrial REITs0%
Office REITs0%
Retail REITs0%
Hotel and Resort REITs0%
Healthcare REITs0%
Residential REITs-1.78%
Industry PE
  • Investors are most optimistic about the Specialized REITs industry which is trading above its 3-year average PE ratio of 18.4x.
    • 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
FPP Fairplay Properties REITлв0.9027.9%
ATER Advance Terrafund REITлв3.032.4%
BREF Bulgarian Real Estate Fund REITлв2.165.9%
PREM Premier Fund REITлв12.606.8%
PLG Puldin Properties Invest REITлв2.320.9%
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