Croatian (CROBEX) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies9
- 7D1.3%
- 3M8.8%
- 1Y49.6%
- YTD24.5%
In the last week, the Financials industry is up 1.3%, with Zagrebacka banka d.d up 1.9%. In the last 12 months, the industry was up 50%.
Sector Valuation and Performance
Has the Croatian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | Kn7.2b | Kn2.1b | Kn739.6m | 8.1x | 9.7x | 3.3x |
| Sun, 23 Jun 2024 | Kn7.0b | Kn2.1b | Kn719.8m | 8.3x | 9.8x | 3.3x |
| Tue, 21 May 2024 | Kn7.1b | Kn2.1b | Kn719.8m | 8.3x | 9.8x | 3.3x |
| Thu, 18 Apr 2024 | Kn6.8b | Kn2.0b | Kn679.2m | 9x | 10x | 3.3x |
| Sat, 16 Mar 2024 | Kn6.9b | Kn2.1b | Kn679.2m | 8.4x | 10.1x | 3.3x |
| Mon, 12 Feb 2024 | Kn7.2b | Kn1.7b | Kn517.9m | 10.7x | 13.8x | 4.2x |
| Wed, 10 Jan 2024 | Kn5.9b | Kn1.7b | Kn517.9m | 9x | 11.3x | 3.4x |
| Fri, 08 Dec 2023 | Kn5.4b | Kn1.7b | Kn517.6m | 8.7x | 10.4x | 3.1x |
| Sun, 05 Nov 2023 | Kn5.0b | Kn1.7b | Kn514.5m | 9.7x | 9.7x | 2.9x |
| Tue, 03 Oct 2023 | Kn5.0b | Kn1.5b | Kn448.9m | 10.7x | 11.2x | 3.3x |
| Thu, 31 Aug 2023 | Kn5.1b | Kn1.5b | Kn444.4m | 10.7x | 11.5x | 3.3x |
| Sat, 29 Jul 2023 | Kn4.8b | Kn1.5b | Kn557.7m | 9.7x | 8.6x | 3.2x |
| Mon, 26 Jun 2023 | Kn4.7b | Kn1.4b | Kn482.6m | 9.5x | 9.7x | 3.4x |
| Wed, 24 May 2023 | Kn4.6b | Kn1.4b | Kn482.8m | 8.5x | 9.5x | 3.3x |
| Fri, 21 Apr 2023 | Kn4.1b | Kn1.3b | Kn428.0m | 8.3x | 9.7x | 3.1x |
| Sun, 19 Mar 2023 | Kn4.6b | Kn1.4b | Kn462.4m | 8.2x | 10x | 3.4x |
| Tue, 14 Feb 2023 | Kn4.0b | Kn1.4b | Kn477.3m | 9.2x | 8.4x | 3x |
| Thu, 12 Jan 2023 | Kn3.9b | Kn1.3b | Kn475.8m | 9.2x | 8.2x | 2.9x |
| Sat, 10 Dec 2022 | Kn26.2b | Kn10.2b | Kn3.6b | 8.7x | 7.3x | 2.6x |
| Mon, 07 Nov 2022 | Kn25.7b | Kn10.2b | Kn3.6b | 8.6x | 7.1x | 2.5x |
| Wed, 05 Oct 2022 | Kn25.5b | Kn9.7b | Kn3.3b | 8.3x | 7.8x | 2.6x |
| Fri, 02 Sep 2022 | Kn27.0b | Kn9.7b | Kn3.3b | 8.6x | 8.2x | 2.8x |
| Sun, 31 Jul 2022 | Kn26.8b | Kn9.7b | Kn2.3b | 10.1x | 11.4x | 2.8x |
| Tue, 28 Jun 2022 | Kn26.7b | Kn9.6b | Kn2.4b | 10.8x | 11.4x | 2.8x |
| Thu, 26 May 2022 | Kn27.3b | Kn9.6b | Kn2.4b | 10.9x | 11.6x | 2.8x |
| Sat, 23 Apr 2022 | Kn27.8b | Kn9.4b | Kn2.2b | 9.4x | 12.8x | 3x |
| Mon, 21 Mar 2022 | Kn28.6b | Kn9.4b | Kn2.2b | 9.4x | 13.2x | 3x |
| Wed, 16 Feb 2022 | Kn27.3b | Kn9.0b | Kn1.9b | 8.8x | 14.7x | 3x |
| Fri, 14 Jan 2022 | Kn27.8b | Kn9.0b | Kn1.9b | 8.3x | 14.9x | 3.1x |
| Sun, 12 Dec 2021 | Kn25.9b | Kn9.0b | Kn1.9b | 7.9x | 13.9x | 2.9x |
| Tue, 09 Nov 2021 | Kn25.4b | Kn9.0b | Kn1.8b | 10.4x | 13.9x | 2.8x |
| Thu, 07 Oct 2021 | Kn26.6b | Kn8.9b | Kn1.7b | 9.8x | 15.7x | 3x |
| Sat, 04 Sep 2021 | Kn24.7b | Kn8.9b | Kn1.7b | 10.3x | 14.6x | 2.8x |
| Mon, 02 Aug 2021 | Kn24.4b | Kn8.9b | Kn1.7b | 10.4x | 14.4x | 2.8x |
Price to Earnings Ratio
14.4x
Current Industry PE
- Investors are pessimistic on the Croatian Financials 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 9.7x which is lower than its 3-year average PE of 11.0x.
- The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Financials industry have declined 24% per year over the last three years,
- Revenues have also declined 38% 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 Croatian Financials sector?
| HR Market | -0.038% | |
| Financials | 1.29% | |
| Capital Markets | 28.00% | |
| Banks | 1.87% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Insurance | -4.85% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 517x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 11.3x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZABA Zagrebacka banka d.d | €18.55 | 2.5% +€144.1m | 54.6% | PB2.3x | |
| HPB Hrvatska postanska banka d.d | €250.00 | 1.6% +€8.1m | 30.9% | PB0.9x | |
| ZB Zagrebacka burza d.d | €3.50 | 40.0% +€2.3m | 9.4% | PE27.9x |