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Bulgarian (SOFIX) Tech Sector Analysis

UpdatedDec 19, 2025
DataAggregated Company Financials
Companies7
  • 7D2.0%
  • 3M7.4%
  • 1Y56.3%
  • YTD52.4%

Over the last 7 days, the Tech industry has risen 1.0%, driven by gains from every company within the industry. This means that the industry has gained 58% over the past year. As for the next few years, earnings are expected to grow by 31% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Dec 2025лв1.3bлв580.4mлв53.2m32.5x25.3x2.3x
Sun, 16 Nov 2025лв1.3bлв552.9mлв35.9m35.8x35.9x2.3x
Tue, 14 Oct 2025лв1.3bлв543.0mлв31.5m44.6x41.8x2.4x
Thu, 11 Sep 2025лв1.3bлв546.3mлв31.5m43.5x41.2x2.4x
Sat, 09 Aug 2025лв1.2bлв490.2mлв27.4m38.5x43.8x2.4x
Mon, 07 Jul 2025лв1.1bлв490.1mлв27.4m36.7x42x2.3x
Wed, 04 Jun 2025лв1.2bлв487.4mлв33.5m36.2x34.4x2.4x
Fri, 02 May 2025лв863.1mлв473.5mлв33.5m26.8x25.7x1.8x
Sun, 30 Mar 2025лв965.0mлв474.1mлв33.7m30.5x28.6x2x
Tue, 25 Feb 2025лв952.1mлв408.3mлв22.9m24.2x41.6x2.3x
Thu, 23 Jan 2025лв910.1mлв408.3mлв22.9m23.4x39.8x2.2x
Sat, 21 Dec 2024лв879.7mлв408.3mлв22.9m22.1x38.4x2.2x
Mon, 18 Nov 2024лв942.4mлв398.5mлв27.2m20.9x34.6x2.4x
Wed, 16 Oct 2024лв901.0mлв391.4mлв27.4m20.2x32.8x2.3x
Fri, 13 Sep 2024лв872.6mлв377.6mлв25.8m22x33.8x2.3x
Sun, 11 Aug 2024лв893.3mлв369.6mлв24.8m23.8x36.1x2.4x
Tue, 09 Jul 2024лв1.5bлв461.9mлв45.7m21.6x32.6x3.2x
Thu, 06 Jun 2024лв1.5bлв463.8mлв46.2m35.7x33.1x3.3x
Sat, 04 May 2024лв1.4bлв429.8mлв40.0m24.4x36x3.3x
Mon, 01 Apr 2024лв1.4bлв429.8mлв40.0m24.6x35.8x3.3x
Wed, 28 Feb 2024лв1.3bлв374.6mлв31.2m27.1x40.9x3.4x
Fri, 26 Jan 2024лв1.2bлв374.6mлв31.2m25.5x38.6x3.2x
Sun, 24 Dec 2023лв1.0bлв374.6mлв31.2m22.3x33.2x2.8x
Tue, 21 Nov 2023лв962.0mлв359.4mлв21.9m15.5x43.9x2.7x
Thu, 19 Oct 2023лв970.8mлв349.9mлв19.1m15.6x50.7x2.8x
Sat, 16 Sep 2023лв993.0mлв340.7mлв15.9m15.6x62.3x2.9x
Mon, 14 Aug 2023лв846.0mлв344.9mлв19.9m22.4x42.5x2.5x
Wed, 12 Jul 2023лв685.5mлв343.5mлв19.9m25.2x34.4x2x
Fri, 09 Jun 2023лв707.1mлв342.9mлв20.1m23.6x35.3x2.1x
Sun, 07 May 2023лв590.4mлв336.4mлв20.7m18.2x28.5x1.8x
Tue, 04 Apr 2023лв608.5mлв337.9mлв20.7m18.3x29.4x1.8x
Thu, 02 Mar 2023лв614.5mлв302.4mлв23.3m18.3x26.4x2x
Sat, 28 Jan 2023лв614.1mлв302.4mлв23.3m18.3x26.4x2x
Mon, 26 Dec 2022лв591.0mлв300.6mлв23.0m20.5x25.7x2x
Price to Earnings Ratio

25.7x


Total Market Cap: лв591.0mTotal Earnings: лв23.0mTotal Revenue: лв300.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 36.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Bulgarian Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 25.1x which is lower than its 3-year average PE of 36.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 32% per year over the last three years.
  • Revenues for these companies have grown 25% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Bulgarian Tech sector?

BG Market0.60%
Tech2.00%
Electronic Equipment and Components2.18%
Software1.70%
IT0.54%
Tech Hardware0%0
Industry PE
  • Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 1.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 31% 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 31% 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€56.202.2%
+€21.8m
65.8%PE37.2x
WISR Wiser Technology ADлв4.781.7%
+лв1.5m
-8.1%PS2.4x
TBS Telelink Business Services Group ADлв9.800.5%
+лв615.0k
11.4%PE5.1x
SGH Sirma Group Holding ADлв1.750.6%
+лв578.6k
86.2%PE27.8x
BEE Bee Smart Technologies ADлв7.202.9%
+лв81.5k
n/aPS2.8x

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