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Bulgarian (SOFIX) Tech Sector Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies7
  • 7D3.1%
  • 3M-0.9%
  • 1Y54.7%
  • YTD52.2%

The Tech industry is up 2.2% in the last week, with Shelly Group up 1.5%. This means that the industry has gained 52% over the past year. Looking forward, earnings are forecast to grow by 31% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Nov 2025лв1.3bлв527.1mлв38.2m36.7x34.4x2.5x
Fri, 24 Oct 2025лв1.3bлв543.0mлв31.5m42.1x39.9x2.3x
Sun, 21 Sep 2025лв1.2bлв542.9mлв31.5m41x39.4x2.3x
Tue, 19 Aug 2025лв1.3bлв490.1mлв27.4m40.7x45.7x2.6x
Thu, 17 Jul 2025лв1.2bлв489.7mлв27.3m38.3x43.4x2.4x
Sat, 14 Jun 2025лв1.2bлв487.0mлв33.4m36.9x34.7x2.4x
Mon, 12 May 2025лв935.7mлв473.1mлв33.4m29.6x28.1x2x
Wed, 09 Apr 2025лв881.1mлв473.5mлв33.7m26.9x26.1x1.9x
Fri, 07 Mar 2025лв961.9mлв463.5mлв33.3m30x28.9x2.1x
Sun, 02 Feb 2025лв922.5mлв408.5mлв22.9m23.6x40.2x2.3x
Tue, 31 Dec 2024лв874.8mлв408.3mлв22.9m21.8x38.2x2.1x
Thu, 28 Nov 2024лв908.5mлв398.5mлв27.2m20.2x33.4x2.3x
Sat, 26 Oct 2024лв910.9mлв391.4mлв27.4m20.5x33.2x2.3x
Mon, 23 Sep 2024лв904.1mлв377.7mлв25.9m21.9x34.9x2.4x
Wed, 21 Aug 2024лв888.3mлв376.9mлв26.6m22.4x33.4x2.4x
Fri, 19 Jul 2024лв931.8mлв461.9mлв45.7m14.1x20.4x2x
Sun, 16 Jun 2024лв1.5bлв463.7mлв45.9m34.2x32.3x3.2x
Tue, 14 May 2024лв1.5bлв430.2mлв40.2m24.6x36.2x3.4x
Thu, 11 Apr 2024лв1.4bлв429.8mлв40.0m24.2x35.3x3.3x
Sat, 09 Mar 2024лв1.3bлв429.8mлв40.1m22.8x32.7x3x
Mon, 05 Feb 2024лв1.3bлв374.6mлв31.2m26.7x40.4x3.4x
Wed, 03 Jan 2024лв1.1bлв374.6mлв31.2m23x34.4x2.9x
Fri, 01 Dec 2023лв939.6mлв360.0mлв29.5m15.5x31.9x2.6x
Sun, 29 Oct 2023лв944.3mлв349.9mлв19.1m15.6x49.3x2.7x
Tue, 26 Sep 2023лв979.9mлв349.9mлв19.1m15.8x51.2x2.8x
Thu, 24 Aug 2023лв848.3mлв344.9mлв19.9m22.3x42.6x2.5x
Sat, 22 Jul 2023лв729.1mлв344.9mлв19.9m19.7x36.6x2.1x
Mon, 19 Jun 2023лв689.7mлв342.9mлв20.1m25.2x34.4x2x
Wed, 17 May 2023лв602.2mлв336.6mлв20.4m17.4x29.5x1.8x
Fri, 14 Apr 2023лв600.4mлв336.4mлв20.7m18.3x29x1.8x
Sun, 12 Mar 2023лв609.0mлв337.9mлв20.7m18.4x29.4x1.8x
Tue, 07 Feb 2023лв615.6mлв302.4mлв23.3m18.3x26.4x2x
Thu, 05 Jan 2023лв596.6mлв300.6mлв23.0m20.9x25.9x2x
Sat, 03 Dec 2022лв600.3mлв298.8mлв35.0m14.7x17.1x2x
Price to Earnings Ratio

17.1x


Total Market Cap: лв600.3mTotal Earnings: лв35.0mTotal Revenue: лв298.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 35.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the Bulgarian Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 35.9x.
  • 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 3.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 21% 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 Market0.65%
Tech3.05%
Electronic Equipment and Components3.66%
Software0.43%
Tech Hardware0%0
IT-1.45%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio.
    • Analysts expect its future annual earnings growth (31.5%) to be largely in line with prior year's earnings growth.
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€56.803.3%
+€32.7m		67.1%PE37.6x
WISR Wiser Technology ADлв4.702.6%
+лв2.3m		-16.1%PS2.4x
SGH Sirma Group Holding ADлв1.711.2%
+лв1.2m		74.5%PE99.2x
BDT Biodit ADлв0.254.2%
+лв148.2k		-72.2%PS9.2x

Latest News

SLYG
€56.80
Shelly Group
7D
3.3%
1Y
67.1%
WISR
лв4.70
Wiser Technology AD
7D
2.6%
1Y
-16.1%
BDT
лв0.25
Biodit AD
7D
4.2%
1Y
-72.2%
SGH
лв1.71
Sirma Group Holding AD
7D
1.2%
1Y
74.5%

Sirma Group Holding AD (BUL:SGH) Seems To Use Debt Quite Sensibly

Oct 22
Sirma Group Holding AD (BUL:SGH) Seems To Use Debt Quite Sensibly