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Bulgarian (SOFIX) Utilities Sector Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies5
  • 7D0.3%
  • 3M1.9%
  • 1Y13.2%
  • YTD11.8%

The Utilities industry has been flat over the last week, but Toplofikatsia-Burgas AD has lost 7.7%. The past year has been better, since the industry has gained 13% in that time.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Nov 2025лв633.9mлв677.2mлв24.7m21.5x25.7x0.9x
Fri, 24 Oct 2025лв630.0mлв672.6mлв21.4m21.4x29.4x0.9x
Sun, 21 Sep 2025лв622.3mлв638.9mлв27.2m14x22.9x1x
Tue, 19 Aug 2025лв626.2mлв617.9mлв15.2m19.3x41.3x1x
Thu, 17 Jul 2025лв622.2mлв618.7mлв17.3m19x35.9x1x
Sat, 14 Jun 2025лв590.7mлв618.7mлв17.3m17.9x34.1x1x
Mon, 12 May 2025лв571.0mлв595.5mлв13.8m23.6x41.4x1x
Wed, 09 Apr 2025лв571.8mлв600.4mлв24.3m14.3x23.5x1x
Fri, 07 Mar 2025лв572.8mлв603.9mлв25.7m15x22.3x0.9x
Sun, 02 Feb 2025лв568.4mлв535.4mлв37.7m12.8x15.1x1.1x
Tue, 31 Dec 2024лв568.1mлв535.4mлв37.7m12.8x15.1x1.1x
Thu, 28 Nov 2024лв563.6mлв517.5mлв30.9m13.6x18.2x1.1x
Sat, 26 Oct 2024лв551.9mлв538.6m-лв3,334,000.0012.1x-165.5x1x
Mon, 23 Sep 2024лв537.7mлв538.6m-лв3,334,000.0012.1x-161.3x1x
Wed, 21 Aug 2024лв526.2mлв581.2m-лв5,278,000.008x-99.7x0.9x
Fri, 19 Jul 2024лв550.4mлв582.6m-лв6,919,000.008.1x-79.6x0.9x
Sun, 16 Jun 2024лв525.0mлв582.6m-лв6,919,000.008.2x-75.9x0.9x
Tue, 14 May 2024лв526.3mлв662.8m-лв11,660,000.008.6x-45.1x0.8x
Thu, 11 Apr 2024лв372.8mлв494.6mлв27.9m9x13.4x0.8x
Sat, 09 Mar 2024лв390.0mлв494.6mлв27.9m9.2x14x0.8x
Mon, 05 Feb 2024лв1.2bлв2.3bлв83.2m9.2x15x0.5x
Wed, 03 Jan 2024лв1.2bлв2.3bлв99.4m8.7x12.4x0.5x
Fri, 01 Dec 2023лв1.2bлв2.3bлв109.1m7.7x11.2x0.5x
Sun, 29 Oct 2023лв1.1bлв2.3bлв164.1m5.3x7x0.5x
Tue, 26 Sep 2023лв1.1bлв2.3bлв157.1m5.3x7.2x0.5x
Thu, 24 Aug 2023лв1.1bлв2.2bлв145.5m7.9x7.8x0.5x
Sat, 22 Jul 2023лв1.1bлв2.2bлв133.8m9.1x8.5x0.5x
Mon, 19 Jun 2023лв1.1bлв2.1bлв122.2m9.1x9.3x0.5x
Wed, 17 May 2023лв1.1bлв2.1bлв102.0m11.6x11x0.5x
Fri, 14 Apr 2023лв1.1bлв2.1bлв98.1m10.4x11.5x0.5x
Sun, 12 Mar 2023лв1.1bлв2.1bлв70.6m10.4x15.9x0.5x
Tue, 07 Feb 2023лв1.1bлв2.1bлв77.5m10.4x14.6x0.5x
Thu, 05 Jan 2023лв1.1bлв2.1bлв63.8m9.1x17.6x0.5x
Sat, 03 Dec 2022лв1.1bлв2.1bлв63.3m9.1x17.7x0.5x
Price to Earnings Ratio

17.7x


Total Market Cap: лв1.1bTotal Earnings: лв63.3mTotal Revenue: лв2.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Utilities Sector Price to Earnings3Y Average -3.2x202320242025
Current Industry PE
  • Investors are pessimistic on the Bulgarian Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 25.7x which is higher than its 3-year average PE of -3.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have declined 27% per year over the last three years,
  • Revenues have also declined 31% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Bulgarian Utilities sector?

BG Market0.65%
Utilities0.32%
Electric Utilities0.59%
Renewable Energy0%0
Other Utilities-2.94%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Electric Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TPLR Toplofikatsia-Ruse ADлв8.202.5%
+лв5.7m
17.1%PE10x
TBD TPP-Bobov Dol ADлв27.800.7%
+лв1.7m
11.2%PE33.3x