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Bulgarian (SOFIX) Tech Sector Analysis

UpdatedSep 20, 2024
DataAggregated Company Financials
Companies9
  • 7D0.03%
  • 3M-0.2%
  • 1Y49.4%
  • YTD36.6%

Over the last 7 days, the Tech industry has remained flat. The past year has been better, since the industry has gained 54% in that time. Looking forward, earnings are forecast to grow by 32% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Sep 2024лв904.1mлв377.8mлв25.9m21.9x34.9x2.4x
Sun, 18 Aug 2024лв894.4mлв377.0mлв26.6m22.3x33.6x2.4x
Tue, 16 Jul 2024лв1.6bлв461.9mлв45.7m23.1x34.8x3.4x
Thu, 13 Jun 2024лв1.5bлв463.8mлв46.2m35.6x32.7x3.3x
Sat, 11 May 2024лв1.5bлв430.2mлв40.2m24.7x36.5x3.4x
Mon, 08 Apr 2024лв1.4bлв429.8mлв40.0m24.3x35.4x3.3x
Wed, 06 Mar 2024лв1.3bлв429.9mлв40.1m22.2x31.5x2.9x
Fri, 02 Feb 2024лв1.3bлв374.6mлв31.2m26.6x40.4x3.4x
Sun, 31 Dec 2023лв1.1bлв374.6mлв31.2m22.7x33.9x2.8x
Tue, 28 Nov 2023лв942.5mлв359.4mлв21.9m15.5x43x2.6x
Thu, 26 Oct 2023лв951.8mлв349.9mлв19.1m15.6x49.7x2.7x
Sat, 23 Sep 2023лв981.7mлв349.9mлв19.1m16.1x51.3x2.8x
Mon, 21 Aug 2023лв850.9mлв344.9mлв19.9m22.4x42.7x2.5x
Wed, 19 Jul 2023лв696.4mлв344.9mлв19.9m18.9x35x2x
Fri, 16 Jun 2023лв698.0mлв342.9mлв20.1m25.4x34.8x2x
Sun, 14 May 2023лв590.8mлв336.4mлв20.7m17x28.5x1.8x
Tue, 11 Apr 2023лв604.6mлв336.4mлв20.7m18.4x29.2x1.8x
Thu, 09 Mar 2023лв609.7mлв338.5mлв20.7m18.4x29.4x1.8x
Sat, 04 Feb 2023лв599.3mлв302.4mлв23.3m17.9x25.7x2x
Mon, 02 Jan 2023лв596.6mлв300.6mлв23.0m20.9x25.9x2x
Wed, 30 Nov 2022лв578.3mлв294.8mлв42.9m13.8x13.5x2x
Fri, 28 Oct 2022лв558.1mлв285.0mлв40.0m14.3x14x2x
Sun, 25 Sep 2022лв560.8mлв285.0mлв40.0m15.2x14x2x
Tue, 23 Aug 2022лв583.9mлв291.9mлв40.8m14.7x14.3x2x
Thu, 21 Jul 2022лв561.2mлв291.9mлв40.8m14.2x13.8x1.9x
Sat, 18 Jun 2022лв567.5mлв291.9mлв40.8m14.2x13.9x1.9x
Mon, 16 May 2022лв550.5mлв295.8mлв43.4m10x12.7x1.9x
Wed, 13 Apr 2022лв597.0mлв295.8mлв43.4m10.5x13.8x2x
Fri, 11 Mar 2022лв568.6mлв295.8mлв43.4m11.1x13.1x1.9x
Sun, 06 Feb 2022лв594.0mлв301.4mлв34.0m17x17.5x2x
Tue, 04 Jan 2022лв690.2mлв300.9mлв34.2m24x20.2x2.3x
Thu, 02 Dec 2021лв683.5mлв294.1mлв35.6m23.7x19.2x2.3x
Sat, 30 Oct 2021лв597.9mлв296.1mлв34.9m19.8x17.1x2x
Mon, 27 Sep 2021лв619.1mлв261.9mлв33.2m21.9x18.7x2.4x
Price to Earnings Ratio

18.7x


Total Market Cap: лв619.1mTotal Earnings: лв33.2mTotal Revenue: лв261.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 27.5x202220232024
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 35.0x which is higher than its 3-year average PE of 27.5x.
  • 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 7.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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-0.17%
Tech0.031%
Tech Hardware9.19%
Electronic Equipment and Components0.16%
Software0%
Communications0%
Semiconductors0%
IT-0.99%
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 31.7%, which is lower than the prior year's growth of 76.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 32% over the next 5 years.
  • However this is lower than its past earnings growth rate of 76% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 32% 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 AD€35.000.3%
+€1.8m		59.6%PE30.8x
SBS Specialized Business Systems ADлв2.029.2%
+лв170.0k		1.0%PS0.5x
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Latest News

SLYG

€35.00

Shelly Group AD

7D

0.3%

1Y

59.6%

SBS

лв2.02

Specialized Business Systems AD

7D

9.2%

1Y

1.0%

SGH

лв1.10

Sirma Group Holding AD

7D

-1.8%

1Y

54.9%

TBS

лв9.00

Telelink Business Services Group AD

7D

-0.6%

1Y

-5.8%

BDT

лв0.91

Biodit AD

7D

-9.9%

1Y

-43.1%