Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Bulgarian (SOFIX) Tech Sector Analysis

UpdatedOct 08, 2025
DataAggregated Company Financials
Companies7
  • 7D0.1%
  • 3M6.2%
  • 1Y37.8%
  • YTD43.0%

In the last week, the Tech industry is up 1.2%, with Shelly Group up 0.4%. This takes the industry's 12 month performance to a gain of 38%. Looking forward, earnings are forecast to grow by 33% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Oct 2025лв1.2bлв543.0mлв31.5m41.3x39.5x2.3x
Fri, 05 Sep 2025лв1.3bлв546.2mлв31.8m44.6x41.7x2.4x
Sun, 03 Aug 2025лв1.2bлв490.1mлв27.4m37.6x43x2.4x
Tue, 01 Jul 2025лв1.2bлв490.2mлв27.4m37.1x42.4x2.4x
Thu, 29 May 2025лв1.1bлв478.9mлв34.3m34.8x32.4x2.3x
Sat, 26 Apr 2025лв881.2mлв473.4mлв33.7m27.3x26.1x1.9x
Mon, 24 Mar 2025лв964.1mлв474.3mлв33.8m30.1x28.5x2x
Wed, 19 Feb 2025лв945.3mлв408.3mлв22.9m24.3x41.3x2.3x
Fri, 17 Jan 2025лв910.4mлв408.3mлв22.9m23.2x39.8x2.2x
Sun, 15 Dec 2024лв886.1mлв408.4mлв22.9m22.3x38.7x2.2x
Tue, 12 Nov 2024лв922.9mлв391.4mлв27.4m20.7x33.6x2.4x
Thu, 10 Oct 2024лв948.3mлв391.0mлв27.4m21.4x34.7x2.4x
Sat, 07 Sep 2024лв879.9mлв378.0mлв25.9m22.1x34x2.3x
Mon, 05 Aug 2024лв904.3mлв384.2mлв27.8m22.5x32.5x2.4x
Wed, 03 Jul 2024лв1.5bлв461.9mлв45.7m21.7x32.7x3.2x
Fri, 31 May 2024лв1.6bлв446.9mлв44.1m36.6x35.4x3.5x
Sun, 28 Apr 2024лв1.4bлв429.8mлв40.0m24.5x36x3.4x
Tue, 26 Mar 2024лв1.4bлв428.6mлв40.1m24.3x35.2x3.3x
Thu, 22 Feb 2024лв1.3bлв374.6mлв31.2m26.6x40.1x3.3x
Sat, 20 Jan 2024лв1.2bлв374.6mлв31.2m25.4x38.4x3.2x
Mon, 18 Dec 2023лв997.4mлв374.6mлв31.2m21.5x31.9x2.7x
Wed, 15 Nov 2023лв955.9mлв349.9mлв19.1m15.5x49.9x2.7x
Fri, 13 Oct 2023лв977.6mлв349.9mлв19.1m15.7x51.1x2.8x
Sun, 10 Sep 2023лв1.0bлв340.7mлв15.9m16x63.7x3x
Tue, 08 Aug 2023лв793.3mлв344.9mлв19.9m22x39.8x2.3x
Thu, 06 Jul 2023лв678.4mлв343.3mлв20.0m24.9x33.9x2x
Sat, 03 Jun 2023лв686.2mлв341.6mлв20.1m18.4x34.1x2x
Mon, 01 May 2023лв589.7mлв336.4mлв20.7m18.1x28.5x1.8x
Wed, 29 Mar 2023лв601.7mлв337.9mлв20.7m18.3x29x1.8x
Fri, 24 Feb 2023лв615.6mлв302.4mлв23.3m18.4x26.4x2x
Sun, 22 Jan 2023лв613.8mлв300.6mлв23.0m21.9x26.7x2x
Tue, 20 Dec 2022лв594.4mлв301.0mлв23.0m20.8x25.8x2x
Thu, 17 Nov 2022лв601.6mлв285.0mлв40.0m14.2x15x2.1x
Sat, 15 Oct 2022лв542.1mлв285.0mлв40.0m14.4x13.5x1.9x
Price to Earnings Ratio

13.5x


Total Market Cap: лв542.1mTotal Earnings: лв40.0mTotal Revenue: лв285.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 34.8x202320242025
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 39.8x which is higher than its 3-year average PE of 34.8x.
  • 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 7.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 24% 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 Market-0.12%
Tech0.13%
Electronic Equipment and Components0.34%
Tech Hardware0%0
IT-0.57%
Software-2.68%
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 33.4%, which is higher than its past year's earnings growth of 12.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 33% 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€56.008.1%
+€76.3m		56.0%PE44.1x
TBS Telelink Business Services Group ADлв9.300.5%
+лв615.0k		3.3%PE10x

Latest News

SLYG
€56.00
Shelly Group
7D
8.1%
1Y
56.0%
BDT
лв0.30
Biodit AD
7D
-4.5%
1Y
-67.2%
BEE
лв6.00
Bee Smart Technologies AD
7D
-19.5%
1Y
n/a
TBS
лв9.30
Telelink Business Services Group AD
7D
0.5%
1Y
3.3%

We Think Telelink Business Services Group AD's (BUL:TBS) Solid Earnings Are Understated

Sep 09
We Think Telelink Business Services Group AD's (BUL:TBS) Solid Earnings Are Understated
WISR
лв5.50
Wiser Technology AD
7D
-1.8%
1Y
-9.1%
SGH
лв1.38
Sirma Group Holding AD
7D
-1.4%
1Y
29.0%