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Bulgarian (SOFIX) Tech Sector Analysis

UpdatedAug 16, 2025
DataAggregated Company Financials
Companies8
  • 7D3.8%
  • 3M19.6%
  • 1Y35.0%
  • YTD42.6%

Over the last 7 days, the Tech industry has risen 1.5%, driven by gains from Shelly Group of 2.0%. This takes the industry's 12 month performance to a gain of 31%. 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
Sat, 16 Aug 2025лв1.2bлв490.2mлв27.4m40.2x45.3x2.5x
Mon, 14 Jul 2025лв1.2bлв490.0mлв27.4m38.7x43.8x2.4x
Wed, 11 Jun 2025лв1.2bлв487.2mлв33.4m39.4x36.5x2.5x
Fri, 09 May 2025лв929.9mлв473.5mлв33.4m29.2x27.8x2x
Sun, 06 Apr 2025лв885.7mлв473.4mлв33.7m27.3x26.3x1.9x
Tue, 04 Mar 2025лв954.3mлв446.8mлв29.0m20.4x33x2.1x
Thu, 30 Jan 2025лв914.3mлв408.3mлв22.9m23.6x39.9x2.2x
Sat, 28 Dec 2024лв874.8mлв408.3mлв22.9m21.8x38.2x2.1x
Mon, 25 Nov 2024лв923.7mлв398.5mлв27.2m20.4x34x2.3x
Wed, 23 Oct 2024лв902.9mлв391.5mлв27.4m20.3x32.9x2.3x
Fri, 20 Sep 2024лв904.1mлв377.8mлв25.9m21.9x34.9x2.4x
Sun, 18 Aug 2024лв894.4mлв377.0mлв26.6m22.3x33.6x2.4x
Tue, 16 Jul 2024лв1.6bлв461.9mлв45.7m23.1x34.8x3.4x
Thu, 13 Jun 2024лв1.5bлв463.8mлв46.2m35.6x32.7x3.3x
Sat, 11 May 2024лв1.5bлв430.2mлв40.2m24.7x36.5x3.4x
Mon, 08 Apr 2024лв1.4bлв429.8mлв40.0m24.3x35.4x3.3x
Wed, 06 Mar 2024лв1.3bлв429.9mлв40.1m22.2x31.5x2.9x
Fri, 02 Feb 2024лв1.3bлв374.6mлв31.2m26.6x40.4x3.4x
Sun, 31 Dec 2023лв1.1bлв374.6mлв31.2m22.7x33.9x2.8x
Tue, 28 Nov 2023лв942.5mлв359.4mлв21.9m15.5x43x2.6x
Thu, 26 Oct 2023лв951.8mлв349.9mлв19.1m15.6x49.7x2.7x
Sat, 23 Sep 2023лв981.7mлв349.9mлв19.1m16.1x51.3x2.8x
Mon, 21 Aug 2023лв850.9mлв344.9mлв19.9m22.4x42.7x2.5x
Wed, 19 Jul 2023лв696.4mлв344.9mлв19.9m18.9x35x2x
Fri, 16 Jun 2023лв698.0mлв342.9mлв20.1m25.4x34.8x2x
Sun, 14 May 2023лв590.8mлв336.4mлв20.7m17x28.5x1.8x
Tue, 11 Apr 2023лв604.6mлв336.4mлв20.7m18.4x29.2x1.8x
Thu, 09 Mar 2023лв609.7mлв338.5mлв20.7m18.4x29.4x1.8x
Sat, 04 Feb 2023лв599.3mлв302.4mлв23.3m17.9x25.7x2x
Mon, 02 Jan 2023лв596.6mлв300.6mлв23.0m20.9x25.9x2x
Wed, 30 Nov 2022лв578.3mлв294.8mлв42.9m13.8x13.5x2x
Fri, 28 Oct 2022лв558.1mлв285.0mлв40.0m14.3x14x2x
Sun, 25 Sep 2022лв560.8mлв285.0mлв40.0m15.2x14x2x
Tue, 23 Aug 2022лв583.9mлв291.9mлв40.8m14.7x14.3x2x
Price to Earnings Ratio

14.3x


Total Market Cap: лв583.9mTotal Earnings: лв40.8mTotal Revenue: лв291.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 33.4x202320242025
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 44.3x which is higher than its 3-year average PE of 33.4x.
  • 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 12% 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 Market0.17%
Tech3.85%
Electronic Equipment and Components4.39%
Software0.87%
IT0.38%
Tech Hardware0%0
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€52.004.4%
+€39.8m		41.7%PE40.2x
TBS Telelink Business Services Group ADлв9.452.2%
+лв2.5m		10.5%PE19.3x
WISR Wiser Technology ADлв5.800.9%
+лв821.3k		-3.3%PS1.9x

Latest News

WISR
лв5.80
Wiser Technology AD
7D
0.9%
1Y
-3.3%
SLYG
€52.00
Shelly Group
7D
4.4%
1Y
41.7%
BDT
лв0.37
Biodit AD
7D
-2.1%
1Y
-64.2%
TBS
лв9.45
Telelink Business Services Group AD
7D
2.2%
1Y
10.5%
SGH
лв1.37
Sirma Group Holding AD
7D
-2.1%
1Y
26.9%