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Bulgarian (SOFIX) Tech Sector Analysis

UpdatedMar 13, 2025
DataAggregated Company Financials
Companies9
  • 7D-1.9%
  • 3M5.8%
  • 1Y6.2%
  • YTD3.1%

Over the last 7 days, the Tech industry has dropped 2.2%, driven by Shelly Group declining 1.9%. Over the past 12 months, the industry was up 5.7%. Looking forward, earnings are forecast to grow by 29% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Mar 2025лв926.2mлв476.6mлв33.8m29.1x27.4x1.9x
Sat, 08 Feb 2025лв928.3mлв408.7mлв23.0m23.7x40.4x2.3x
Mon, 06 Jan 2025лв889.9mлв408.3mлв22.9m22.3x38.9x2.2x
Wed, 04 Dec 2024лв893.1mлв408.3mлв22.9m22.3x39.1x2.2x
Fri, 01 Nov 2024лв884.7mлв391.4mлв27.4m19.9x32.3x2.3x
Sun, 29 Sep 2024лв927.1mлв377.8mлв25.9m21.8x35.8x2.5x
Tue, 27 Aug 2024лв890.0mлв374.9mлв26.2m22.4x34x2.4x
Thu, 25 Jul 2024лв917.6mлв384.2mлв27.8m22.7x33x2.4x
Sat, 22 Jun 2024лв1.5bлв463.6mлв45.9m34.1x32.2x3.2x
Mon, 20 May 2024лв1.5bлв447.4mлв43.5m24.1x35.3x3.4x
Wed, 17 Apr 2024лв1.4bлв429.8mлв40.0m24.3x35.6x3.3x
Fri, 15 Mar 2024лв1.5bлв428.6mлв40.1m25x36.3x3.4x
Sun, 11 Feb 2024лв1.3bлв374.6mлв31.2m26.8x40.4x3.4x
Tue, 09 Jan 2024лв1.1bлв374.6mлв31.2m23.1x34.6x2.9x
Thu, 07 Dec 2023лв942.6mлв375.9mлв31.7m12x29.8x2.5x
Sat, 04 Nov 2023лв942.4mлв349.9mлв19.1m15.7x49.2x2.7x
Mon, 02 Oct 2023лв992.6mлв349.9mлв19.1m15.7x51.9x2.8x
Wed, 30 Aug 2023лв841.7mлв344.9mлв19.9m22.2x42.3x2.4x
Fri, 28 Jul 2023лв742.0mлв344.9mлв19.9m19.8x37.3x2.2x
Sun, 25 Jun 2023лв681.1mлв342.9mлв20.1m25x34x2x
Tue, 23 May 2023лв638.7mлв347.0mлв22.5m17x28.4x1.8x
Thu, 20 Apr 2023лв604.8mлв336.4mлв20.7m18.4x29.2x1.8x
Sat, 18 Mar 2023лв604.1mлв337.9mлв20.7m18.3x29.1x1.8x
Mon, 13 Feb 2023лв632.9mлв302.4mлв23.3m18.7x27.2x2.1x
Wed, 11 Jan 2023лв619.9mлв300.6mлв23.0m21.9x26.9x2.1x
Fri, 09 Dec 2022лв591.4mлв298.9mлв23.6m19x25.1x2x
Sun, 06 Nov 2022лв581.3mлв285.0mлв40.0m13.9x14.5x2x
Tue, 04 Oct 2022лв536.1mлв285.0mлв40.0m14.8x13.4x1.9x
Thu, 01 Sep 2022лв583.5mлв291.9mлв40.8m14.6x14.3x2x
Sat, 30 Jul 2022лв559.7mлв291.9mлв40.8m14x13.7x1.9x
Mon, 27 Jun 2022лв574.4mлв291.9mлв40.8m14.6x14.1x2x
Wed, 25 May 2022лв557.7mлв293.9mлв44.0m11.2x12.7x1.9x
Fri, 22 Apr 2022лв613.6mлв295.8mлв43.4m10.5x14.1x2.1x
Sun, 20 Mar 2022лв594.5mлв295.8mлв43.4m11.2x13.7x2x
Price to Earnings Ratio

13.7x


Total Market Cap: лв594.5mTotal Earnings: лв43.4mTotal Revenue: лв295.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 30.4x202320242025
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 30.4x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 8.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 16% 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-1.36%
Tech-1.94%
Software0.81%
Tech Hardware0%0
Electronic Equipment and Components-2.03%
IT-2.51%
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 (28.5%) 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 29% 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 29% 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
WISR Wiser Technology ADлв5.001.6%
+лв1.3m
27.6%PS2x
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Latest News

SGH

лв0.97

Sirma Group Holding AD

7D

-2.5%

1Y

39.6%

BEE

лв4.52

Bee Smart Technologies AD

7D

-52.4%

1Y

-65.0%

SLYG

€36.20

Shelly Group

7D

-1.9%

1Y

5.7%

WISR

лв5.00

Wiser Technology AD

7D

1.6%

1Y

27.6%