Bulgarian (SOFIX) Tech Sector Analysis
- 7D-4.2%
- 3M19.7%
- 1Y111.4%
- YTD108.0%
Over the last 7 days, the Tech industry has dropped 3.0%, driven by a decline by Allterco AD of 4.7%. This takes the industry's 12 month performance to a gain of 112%.
Sector Valuation and Performance
Has the Bulgarian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 07 Dec 2021 | лв674.7m | лв294.1m | лв35.6m | 23.3x |
| Thu, 04 Nov 2021 | лв647.7m | лв296.1m | лв34.9m | 22.7x |
| Sat, 02 Oct 2021 | лв627.5m | лв265.6m | лв34.7m | 20.4x |
| Mon, 30 Aug 2021 | лв540.1m | лв261.7m | лв33.4m | 19.3x |
| Tue, 06 Jul 2021 | лв531.6m | лв261.9m | лв33.2m | 18.7x |
| Fri, 09 Apr 2021 | лв451.0m | лв261.9m | лв33.1m | 14.7x |
| Thu, 31 Dec 2020 | лв312.8m | лв251.5m | лв29.4m | 12.2x |
| Sun, 04 Oct 2020 | лв234.3m | лв236.6m | лв21.3m | 13.5x |
| Wed, 08 Jul 2020 | лв181.8m | лв220.7m | лв26.2m | 8.1x |
| Tue, 31 Mar 2020 | лв75.0m | лв97.2m | лв12.8m | 13.1x |
| Fri, 03 Jan 2020 | лв100.9m | лв100.8m | лв11.3m | 14.3x |
| Mon, 07 Oct 2019 | лв99.6m | лв112.2m | лв15.6m | 6.2x |
| Sun, 30 Jun 2019 | лв81.1m | лв114.6m | лв11.6m | 7.4x |
| Wed, 03 Apr 2019 | лв89.4m | лв114.2m | лв10.5m | 8.4x |
| Sat, 05 Jan 2019 | лв90.9m | лв108.3m | лв8.2m | 11.9x |
11.9x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 23.7x which is higher than its 3-year average PE of 12.9x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Information Technology industry have grown 63% per year over the last three years, and revenues for these companies have grown 40% 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?
| Tech Hardware | 7.41% | |
| Electronic Equipment and Components | 5.63% | |
| Software | 0% | |
| IT | -4.49% | |
Industry PE: Investors are most optimistic about the Tech Hardware industry even though it's trading below its 3-year average PE ratio of 90.1x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the IT industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 9.7x.
Forecasted Growth: Analysts are most optimistic on the IT industry, expecting annual earnings growth of 1.4% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| SBS Specialized Business Systems AD | 7.4%+лв100.0k | 45.0% | PE58x |