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Bulgarian (SOFIX) REITS Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies21
  • 7D-2.1%
  • 3M-1.3%
  • 1Y2.1%
  • YTD-1.6%

The REITS industry has been flat over the last week, but Fairplay Properties REIT has lost 6.4%. The past year has been better, since the industry has gained 3.5% in that time.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025лв921.1mлв57.5mлв43.1m17.5x21.4x16x
Thu, 19 Dec 2024лв933.5mлв57.5mлв43.1m17.2x21.7x16.2x
Sat, 16 Nov 2024лв898.8mлв56.3mлв52.1m17.2x17.2x16x
Mon, 14 Oct 2024лв894.9mлв55.7mлв52.9m17x16.9x16.1x
Wed, 11 Sep 2024лв829.9mлв59.8mлв56.0m16.3x14.8x13.9x
Fri, 09 Aug 2024лв896.5mлв59.7mлв49.3m18.5x18.2x15x
Sun, 07 Jul 2024лв862.1mлв57.3mлв49.9m17.7x17.3x15.1x
Tue, 04 Jun 2024лв844.8mлв47.0mлв49.5m16.9x17.1x18x
Thu, 02 May 2024лв835.1mлв60.4mлв48.8m16.5x17.1x13.8x
Sat, 30 Mar 2024лв842.5mлв58.4mлв47.0m22.1x17.9x14.4x
Mon, 26 Feb 2024лв787.6mлв59.1mлв47.8m19.6x16.5x13.3x
Wed, 24 Jan 2024лв893.3mлв68.0mлв52.3m13.6x17.1x13.1x
Fri, 22 Dec 2023лв859.6mлв68.0mлв51.7m12.6x16.6x12.6x
Sun, 19 Nov 2023лв873.3mлв69.0mлв49.5m12.6x17.7x12.7x
Tue, 17 Oct 2023лв868.7mлв59.4mлв47.4m14.4x18.3x14.6x
Thu, 14 Sep 2023лв912.8mлв62.8mлв51.8m15.5x17.6x14.5x
Sat, 12 Aug 2023лв901.8mлв60.5mлв51.9m15.5x17.4x14.9x
Mon, 10 Jul 2023лв909.2mлв75.1mлв54.9m18.4x16.6x12.1x
Wed, 07 Jun 2023лв906.0mлв74.0mлв53.6m18.6x16.9x12.2x
Fri, 05 May 2023лв904.0mлв74.4mлв52.7m19.5x17.1x12.1x
Sun, 02 Apr 2023лв889.9mлв71.2mлв47.4m22x18.8x12.5x
Tue, 28 Feb 2023лв1.3bлв104.9mлв59.2m20.3x22.4x12.7x
Thu, 26 Jan 2023лв1.3bлв84.1mлв39.6m21.2x33.4x15.8x
Sat, 24 Dec 2022лв1.3bлв81.5mлв34.2m23.6x37.9x15.9x
Mon, 21 Nov 2022лв1.3bлв78.5mлв32.7m22.2x38.3x15.9x
Wed, 19 Oct 2022лв1.2bлв115.5mлв37.7m22.8x31.5x10.3x
Fri, 16 Sep 2022лв1.2bлв115.8mлв36.6m28.5x33.2x10.5x
Sun, 14 Aug 2022лв1.2bлв114.9mлв36.1m29.1x33.2x10.4x
Tue, 12 Jul 2022лв1.2bлв121.5mлв37.3m33.8x32.8x10.1x
Thu, 09 Jun 2022лв1.2bлв121.5mлв37.3m34.8x31.9x9.8x
Sat, 07 May 2022лв1.2bлв112.8mлв31.1m35.5x37.4x10.3x
Mon, 04 Apr 2022лв1.1bлв130.2mлв27.5m30x41.5x8.8x
Wed, 02 Mar 2022лв1.2bлв130.5mлв34.5m19.7x34.8x9.2x
Fri, 28 Jan 2022лв1.2bлв129.4mлв34.8m21.2x34x9.1x
Price to Earnings Ratio

34x


Total Market Cap: лв1.2bTotal Earnings: лв34.8mTotal Revenue: лв129.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian REITS Industry Price to Earnings3Y Average 23.7x202320242025
Current Industry PE
  • Investors are relatively neutral on the Bulgarian REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.7x.
  • The 3-year average PS ratio of 13.1x is lower than the industry's current PS ratio of 16.2x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have grown 7.4% per year over the last three years.
  • Meanwhile revenues for these companies have declined 24% 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 industry?

BG Market0.054%
Real Estate-1.01%
REITS-2.14%
Industrial REITs0%0
Office REITs0%0
Residential REITs0%0
Retail REITs0%0
Hotel and Resort REITs0%0
Healthcare REITs0%0
Specialized REITs-0.62%
Diversified 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 23.1x.
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

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%

SFB

лв13.00

Sopharma Buildings REIT-Sofia

7D

-21.2%

1Y

-18.8%