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Bulgarian (SOFIX) REITS Industry Analysis

UpdatedSep 16, 2026
DataAggregated Company Financials
Companies21
  • 7D2.2%
  • 3M5.3%
  • 1Y1.2%
  • YTD4.5%

In the last week, the REITS industry is up 2.2%, with all of the companies up. The industry has been flat over the past 12 months despite the gain this week.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 16 Sep 2026лв532.9mлв68.9mлв31.4m55.9x17x7.7x
Fri, 14 Aug 2026лв515.7mлв89.4mлв36.7m55.9x14.1x5.8x
Sun, 12 Jul 2026лв512.7mлв70.7mлв35.0m49.9x14.6x7.2x
Tue, 09 Jun 2026лв507.7mлв70.8mлв34.8m59x14.6x7.2x
Thu, 07 May 2026лв512.6mлв66.5mлв34.1m58.6x15x7.7x
Sat, 04 Apr 2026лв523.9mлв67.3mлв30.7m46.9x17.1x7.8x
Mon, 02 Mar 2026лв534.4mлв65.4mлв30.9m26.9x17.3x8.2x
Wed, 28 Jan 2026лв510.7mлв51.9mлв32.1m27.9x15.9x9.8x
Fri, 26 Dec 2025лв1.0bлв102.6mлв62.8m20x16.7x10.2x
Sun, 23 Nov 2025лв1.0bлв102.6mлв62.8m19.8x16.3x10x
Tue, 21 Oct 2025лв1.1bлв105.9mлв62.6m15.1x17x10x
Thu, 18 Sep 2025лв1.1bлв105.9mлв63.2m19x16.6x9.9x
Sat, 16 Aug 2025лв1.0bлв98.0mлв57.9m20.2x18.1x10.7x
Mon, 14 Jul 2025лв1.0bлв64.3mлв54.1m24.1x19.3x16.3x
Wed, 11 Jun 2025лв996.7mлв63.6mлв48.6m24.2x20.5x15.7x
Fri, 09 May 2025лв898.0mлв65.8mлв49.3m29.9x18.2x13.7x
Sun, 06 Apr 2025лв927.7mлв63.8mлв45.0m43.2x20.6x14.5x
Tue, 04 Mar 2025лв922.5mлв61.4mлв42.7m53.5x21.6x15x
Thu, 30 Jan 2025лв917.3mлв57.5mлв43.1m17.5x21.3x15.9x
Sat, 28 Dec 2024лв936.1mлв57.5mлв43.1m18.1x21.7x16.3x
Mon, 25 Nov 2024лв899.0mлв56.3mлв52.1m17x17.2x16x
Wed, 23 Oct 2024лв905.1mлв55.7mлв52.9m16.8x17.1x16.3x
Fri, 20 Sep 2024лв814.5mлв58.0mлв55.1m14.6x14.8x14.1x
Sun, 18 Aug 2024лв853.7mлв59.7mлв50.9m18.2x16.8x14.3x
Tue, 16 Jul 2024лв855.7mлв57.3mлв49.8m17.3x17.2x14.9x
Thu, 13 Jun 2024лв843.6mлв46.9mлв49.6m17.3x17x18x
Sat, 11 May 2024лв852.0mлв52.9mлв49.5m17.3x17.2x16.1x
Mon, 08 Apr 2024лв830.5mлв60.3mлв47.5m17.1x17.5x13.8x
Wed, 06 Mar 2024лв835.1mлв59.0mлв47.9m19.6x17.4x14.1x
Fri, 02 Feb 2024лв884.5mлв68.9mлв49.7m15.5x17.8x12.8x
Sun, 31 Dec 2023лв860.2mлв68.0mлв52.4m12.6x16.4x12.7x
Tue, 28 Nov 2023лв869.0mлв68.9mлв49.5m12.6x17.5x12.6x
Thu, 26 Oct 2023лв868.8mлв59.4mлв47.4m14.4x18.3x14.6x
Sat, 23 Sep 2023лв914.1mлв59.4mлв48.4m15.5x18.9x15.4x
Price to Earnings Ratio

18.9x


Total Market Cap: лв914.1mTotal Earnings: лв48.4mTotal Revenue: лв59.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian REITS Industry Price to Earnings3Y Average 17.6x202420252026
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 17.6x.
  • The 3-year average PS ratio of 12.5x is higher than the industry's current PS ratio of 7.7x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.0% 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 Market0.80%
Real Estate1.15%
REITS2.20%
Diversified REITs2.20%
Specialized REITs2.14%
Office REITs0%0
Residential REITs0%0
Industry PE
  • Investors are most optimistic about the Residential REITs industry which is trading above its 3-year average PE ratio of 817x.
    • 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 close to its 3-year average of 17.6x.
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
SFI Sopharma Properties REIT€4.165.1%
+€4.4m		-9.6%PB1.7x
FPP Fairplay Properties REIT€0.796.0%
+€3.5m		8.0%PB0.9x
XBT Expat Beta Reit - Sofia€0.495.7%
+€133.7k		0.1%PB0.8x

Latest News

XBT
€0.49
Expat Beta Reit - Sofia
7D
5.7%
1Y
0.1%
SFI
€4.16
Sopharma Properties REIT
7D
5.1%
1Y
-9.6%
BREF
€2.70
Bulgarian Real Estate Fund REIT
7D
-1.5%
1Y
2.5%
FPP
€0.79
Fairplay Properties REIT
7D
6.0%
1Y
8.0%
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