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Bulgarian (SOFIX) Tech Sector Analysis

UpdatedJun 09, 2025
DataAggregated Company Financials
Companies7
  • 7D5.0%
  • 3M33.4%
  • 1Y29.5%
  • YTD37.1%

The Tech industry is up 7.4% in the last week, with Shelly Group up 9.2%. This means that the industry has gained 31% over the past year. Earnings are forecast to grow by 30% annually.

Sector Valuation and Performance

Has the Bulgarian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Jun 2025лв1.2bлв487.4mлв33.5m38.6x35.8x2.5x
Wed, 07 May 2025лв894.1mлв473.1mлв33.4m28.1x26.8x1.9x
Fri, 04 Apr 2025лв947.2mлв474.4mлв33.8m29.6x28x2x
Sun, 02 Mar 2025лв954.3mлв419.3mлв25.1m22.9x38x2.3x
Tue, 28 Jan 2025лв907.8mлв408.3mлв22.9m23.8x39.7x2.2x
Thu, 26 Dec 2024лв883.1mлв408.2mлв22.9m22.2x38.6x2.2x
Sat, 23 Nov 2024лв923.7mлв398.5mлв27.2m20.4x33.9x2.3x
Mon, 21 Oct 2024лв912.0mлв391.4mлв27.4m20.5x33.2x2.3x
Wed, 18 Sep 2024лв902.3mлв377.8mлв25.9m21.8x34.8x2.4x
Fri, 16 Aug 2024лв897.8mлв369.6mлв24.8m24x36.2x2.4x
Sun, 14 Jul 2024лв1.6bлв461.9mлв45.7m23x34.7x3.4x
Tue, 11 Jun 2024лв1.5bлв463.8mлв46.2m35.5x32.8x3.3x
Thu, 09 May 2024лв1.5bлв429.8mлв40.0m24.7x36.5x3.4x
Sat, 06 Apr 2024лв1.4bлв429.8mлв40.0m24.3x35.4x3.3x
Mon, 04 Mar 2024лв1.3bлв427.0mлв40.1m22.2x31.5x3x
Wed, 31 Jan 2024лв1.3bлв374.6mлв31.2m26.9x40.9x3.4x
Fri, 29 Dec 2023лв1.1bлв374.6mлв31.2m22.5x33.6x2.8x
Sun, 26 Nov 2023лв941.3mлв359.4mлв21.9m15.5x43x2.6x
Tue, 24 Oct 2023лв956.2mлв349.9mлв19.1m15.6x50x2.7x
Thu, 21 Sep 2023лв945.1mлв349.9mлв19.1m15.8x49.4x2.7x
Sat, 19 Aug 2023лв850.9mлв344.9mлв19.9m22.4x42.7x2.5x
Mon, 17 Jul 2023лв690.5mлв344.9mлв19.9m18.8x34.7x2x
Wed, 14 Jun 2023лв695.7mлв342.9mлв20.1m25.4x34.7x2x
Fri, 12 May 2023лв589.7mлв336.4mлв20.7m17x28.5x1.8x
Sun, 09 Apr 2023лв604.6mлв336.4mлв20.7m18.4x29.2x1.8x
Tue, 07 Mar 2023лв615.5mлв338.5mлв20.7m18.5x29.7x1.8x
Thu, 02 Feb 2023лв601.0mлв302.4mлв23.3m17.8x25.8x2x
Sat, 31 Dec 2022лв596.8mлв300.6mлв23.0m20.9x25.9x2x
Mon, 28 Nov 2022лв584.9mлв294.8mлв42.9m13.7x13.6x2x
Wed, 26 Oct 2022лв543.3mлв285.0mлв40.0m14.4x13.6x1.9x
Fri, 23 Sep 2022лв573.2mлв285.0mлв40.0m15.7x14.3x2x
Sun, 21 Aug 2022лв591.2mлв291.9mлв40.8m14.7x14.5x2x
Tue, 19 Jul 2022лв560.6mлв291.9mлв40.8m14.1x13.8x1.9x
Thu, 16 Jun 2022лв568.3mлв291.9mлв40.8m13.9x13.9x1.9x
Price to Earnings Ratio

13.9x


Total Market Cap: лв568.3mTotal Earnings: лв40.8mTotal Revenue: лв291.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 31.7x202320242025
Current Industry PE
  • Investors are optimistic on the Bulgarian Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.8x which is higher than its 3-year average PE of 31.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 6.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 19% 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 Tech sector?

BG Market0.86%
Tech5.05%
Tech Hardware18.60%
Electronic Equipment and Components6.28%
Software0%0
IT-2.99%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 30.0%, which is higher than its past year's earnings growth of 25.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 30% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SLYG Shelly Group€49.906.4%
+€54.3m
35.9%PE38.6x
BDT Biodit ADлв0.449.5%
+лв563.1k
-59.1%PS10.8x
SBS Specialized Business Systems ADлв2.0418.6%
+лв320.0k
10.3%PS0.6x
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Latest News

SLYG

€49.90

Shelly Group

7D

6.4%

1Y

35.9%

SBS

лв2.04

Specialized Business Systems AD

7D

18.6%

1Y

10.3%

SGH

лв1.43

Sirma Group Holding AD

7D

-2.1%

1Y

49.7%

TBS

лв9.25

Telelink Business Services Group AD

7D

-3.6%

1Y

5.7%

BDT

лв0.44

Biodit AD

7D

9.5%

1Y

-59.1%