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Bulgarian (SOFIX) Tech Sector Analysis

UpdatedDec 04, 2022
DataAggregated Company Financials
Companies7
  • 7D2.6%
  • 3M1.7%
  • 1Y-13.9%
  • YTD-14.7%

The Tech industry is up 2.6% in the last week, with Allterco AD up 4.8%. However, the industry is down 14% over the past year. Looking forward, earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022лв600.3mлв298.9mлв23.6m19x25.5x2x
Tue, 01 Nov 2022лв568.6mлв285.0mлв40.0m14x14.2x2x
Thu, 29 Sep 2022лв553.0mлв285.0mлв40.0m15.2x13.8x1.9x
Sat, 27 Aug 2022лв585.7mлв291.9mлв40.8m14.6x14.4x2x
Mon, 25 Jul 2022лв557.6mлв291.9mлв40.8m14.1x13.7x1.9x
Wed, 22 Jun 2022лв577.0mлв291.9mлв40.8m14.7x14.2x2x
Fri, 20 May 2022лв558.1mлв294.0mлв43.9m11.3x12.7x1.9x
Sun, 17 Apr 2022лв610.7mлв295.8mлв43.4m10.7x14.1x2.1x
Tue, 15 Mar 2022лв575.6mлв295.8mлв43.4m11x13.3x1.9x
Thu, 10 Feb 2022лв625.8mлв301.4mлв34.0m17.8x18.4x2.1x
Sat, 08 Jan 2022лв692.2mлв300.9mлв34.2m23.8x20.3x2.3x
Mon, 06 Dec 2021лв682.2mлв294.1mлв35.6m23.7x19.2x2.3x
Wed, 03 Nov 2021лв620.0mлв296.1mлв34.9m20.7x17.7x2.1x
Fri, 01 Oct 2021лв634.9mлв265.6mлв34.7m20.6x18.3x2.4x
Sun, 29 Aug 2021лв540.3mлв261.7mлв33.4m19.2x16.2x2.1x
Mon, 05 Jul 2021лв531.6mлв261.9mлв33.2m18.7x16x2x
Thu, 08 Apr 2021лв451.0mлв261.9mлв33.1m14.7x13.6x1.7x
Sun, 10 Jan 2021лв312.8mлв251.5mлв29.4m12.2x10.7x1.2x
Sat, 03 Oct 2020лв234.3mлв236.6mлв21.3m13.5x11x1x
Tue, 07 Jul 2020лв181.8mлв220.7mлв26.2m8.1x6.9x0.8x
Fri, 10 Apr 2020лв75.0mлв97.2mлв12.8m13.1x5.9x0.8x
Thu, 02 Jan 2020лв100.9mлв100.8mлв11.3m14.3x8.9x1x
Price to Earnings Ratio

8.9x


Total Market Cap: лв100.9mTotal Earnings: лв11.3mTotal Revenue: лв100.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 12.9x20212022
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 17.1x which is higher than its 3-year average PE of 12.9x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 46% per year over the last three years.
  • Revenues for these companies have grown 44% 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 Market1.05%
Tech2.64%
Electronic Equipment and Components5.58%
IT2.57%
Software0%
Communications0%
Tech Hardware0%
Semiconductors0%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 13.7x.
    • Analysts are expecting annual earnings growth of 27.0%, which is higher than its past year's earnings decline of 11.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 27% 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
A4L Allterco ADлв20.904.8%
+лв17.1m
-14.3%PE20.6x
BDT Biodit ADлв1.875.7%
+лв1.4m
10.7%PS41x
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Latest News

SGH

лв0.70

Sirma Group Holding AD

7D

-2.8%

1Y

65.1%

A4L

лв20.90

Allterco AD

7D

4.8%

1Y

-14.3%

TBS

лв11.50

Telelink Business Services Group AD

7D

-1.3%

1Y

-26.3%

BDT

лв1.87

Biodit AD

7D

5.7%

1Y

10.7%