Koncar - distributivni i specijalni transformatori d.d (ZGSE:KODT) Could Become A Multi-Bagger
Dec 09
Have your own idea? Try our Stock Screener
Croatian (CROBEX) Market Analysis & Valuation
UpdatedDec 16, 2025
DataAggregated Company Financials
Companies61
- 7D-0.4%
- 3M-1.5%
- 1Y14.5%
- YTD12.7%
The market has stayed flat over the 7 days. Meanwhile, the market is actually up 14% over the past year. Earnings are forecast to grow by 9.2% annually.
Market Valuation and Performance
Has the Croatian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Dec 2025 | Kn33.4b | Kn18.9b | Kn1.9b | 15.7x | 17.3x | 1.8x |
| Thu, 13 Nov 2025 | Kn33.2b | Kn18.6b | Kn1.9b | 16.4x | 17.2x | 1.8x |
| Sat, 11 Oct 2025 | Kn33.2b | Kn18.1b | Kn2.0b | 14.6x | 16.9x | 1.8x |
| Mon, 08 Sep 2025 | Kn33.1b | Kn18.2b | Kn2.0b | 14.7x | 16.9x | 1.8x |
| Wed, 06 Aug 2025 | Kn32.8b | Kn17.9b | Kn1.9b | 14.8x | 16.9x | 1.8x |
| Fri, 04 Jul 2025 | Kn31.3b | Kn17.4b | Kn1.9b | 15.8x | 16.5x | 1.8x |
| Sun, 01 Jun 2025 | Kn30.6b | Kn17.5b | Kn1.9b | 15x | 16.1x | 1.7x |
| Tue, 29 Apr 2025 | Kn29.8b | Kn17.1b | Kn1.8b | 14.5x | 16.9x | 1.7x |
| Thu, 27 Mar 2025 | Kn30.9b | Kn17.1b | Kn1.8b | 14.9x | 17.5x | 1.8x |
| Sat, 22 Feb 2025 | Kn30.3b | Kn16.6b | Kn1.8b | 15.5x | 16.9x | 1.8x |
| Mon, 20 Jan 2025 | Kn30.3b | Kn16.7b | Kn1.8b | 15.2x | 16.8x | 1.8x |
| Wed, 18 Dec 2024 | Kn29.1b | Kn16.7b | Kn1.8b | 15.5x | 16.2x | 1.7x |
| Fri, 15 Nov 2024 | Kn27.4b | Kn16.6b | Kn1.8b | 15.7x | 15.3x | 1.7x |
| Sun, 13 Oct 2024 | Kn25.9b | Kn16.4b | Kn1.7b | 17.9x | 15.5x | 1.6x |
| Tue, 10 Sep 2024 | Kn25.6b | Kn16.4b | Kn1.7b | 18.3x | 15.3x | 1.6x |
| Thu, 08 Aug 2024 | Kn25.3b | Kn16.5b | Kn1.7b | 17.2x | 15.1x | 1.5x |
| Sat, 06 Jul 2024 | Kn24.5b | Kn16.1b | Kn1.7b | 14.7x | 14.6x | 1.5x |
| Mon, 03 Jun 2024 | Kn24.7b | Kn16.1b | Kn1.7b | 14.7x | 14.7x | 1.5x |
| Wed, 01 May 2024 | Kn24.5b | Kn16.1b | Kn1.7b | 15.4x | 14.4x | 1.5x |
| Fri, 29 Mar 2024 | Kn24.9b | Kn16.0b | Kn1.6b | 15x | 15.2x | 1.6x |
| Sun, 25 Feb 2024 | Kn24.9b | Kn15.4b | Kn1.5b | 15.1x | 16.6x | 1.6x |
| Tue, 23 Jan 2024 | Kn25.4b | Kn18.0b | Kn1.4b | 16x | 18.2x | 1.4x |
| Thu, 21 Dec 2023 | Kn24.2b | Kn17.9b | Kn1.4b | 15.4x | 17.3x | 1.4x |
| Sat, 18 Nov 2023 | Kn22.9b | Kn17.9b | Kn1.4b | 16x | 16.4x | 1.3x |
| Mon, 16 Oct 2023 | Kn22.3b | Kn17.3b | Kn1.3b | 16.3x | 16.5x | 1.3x |
| Wed, 13 Sep 2023 | Kn23.0b | Kn17.3b | Kn1.3b | 15.6x | 17.2x | 1.3x |
| Fri, 11 Aug 2023 | Kn22.3b | Kn17.2b | Kn1.3b | 18.7x | 16.8x | 1.3x |
| Sun, 09 Jul 2023 | Kn21.5b | Kn17.0b | Kn1.4b | 18.1x | 15.9x | 1.3x |
| Tue, 06 Jun 2023 | Kn21.3b | Kn17.2b | Kn1.3b | 17.8x | 15.9x | 1.2x |
| Thu, 04 May 2023 | Kn20.5b | Kn16.3b | Kn1.2b | 16.6x | 17.6x | 1.3x |
| Sat, 01 Apr 2023 | Kn20.7b | Kn16.1b | Kn1.3b | 16.3x | 16.3x | 1.3x |
| Mon, 27 Feb 2023 | Kn20.5b | Kn16.2b | Kn1.4b | 15.8x | 14.8x | 1.3x |
| Wed, 25 Jan 2023 | Kn19.5b | Kn15.6b | Kn1.5b | 15.5x | 13x | 1.2x |
| Fri, 23 Dec 2022 | Kn133.9b | Kn107.0b | Kn11.5b | 13.9x | 11.7x | 1.3x |
Price to Earnings Ratio
11.7x
Current Market PE
- Investors are relatively neutral on the Croatian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 16.0x.
Past Earnings Growth
- The earnings for companies in the Croatian industry have declined 45% per year over the last three years.
- Revenues have also declined 44% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Sector Trends
Which sectors have driven the changes within the Croatian Market?
| HR Market | -0.40% | |
| Consumer Discretionary | 0.62% | |
| Financials | 0.30% | |
| Telecom | 0.24% | |
| Real Estate | 0% | 0 |
| Materials | 0% | 0 |
| Utilities | 0% | 0 |
| Industrials | -0.061% | |
| Consumer Staples | -1.42% | |
| Healthcare | -1.89% | |
| Tech | -1.96% | |
| Energy | -2.41% | |
Sector PE
- Investors favour the Energy sector the most for future growth, which is trading close to its 3-year average PE ratio of 25.8x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Healthcare sector is the least preferred by investors for future growth, which is trading below its 3-year average of 8.9x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 53% per year.
- In contrast, the Telecom sector is expected to see its earnings grow by 4.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| ZABA Zagrebacka banka d.d | €24.10 | 0.4% +€32.0m | -7.3% | PB2.7x | Financials | |
| KODT Koncar - distributivni i specijalni transformatori d.d | €3.77k | 1.3% +€25.6m | 88.5% | PE14.3x | Industrials | |
| MAIS Maistra d.d | €56.00 | 3.7% +€21.9m | 15.2% | PE16.6x | Consumer Discretionary | |
| ATGR Atlantic Grupa d.d | €44.60 | 3.7% +€21.2m | -12.5% | PE41.9x | Consumer Staples | |
| KOEI KONCAR - Elektroindustrija d.d | €690.00 | 0.9% +€15.3m | 60.5% | PE12.2x | Industrials |
