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Croatian (CROBEX) Financials Sector Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
  • 7D0.1%
  • 3M43.2%
  • 1Y74.5%
  • YTD25.3%

In the last week, Financials has been flat. The past year has been better, since the industry has gained 76% in that time.

Sector Valuation and Performance

Has the Croatian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024Kn7.2bKn1.7bKn517.9m11.2x14x4.2x
Fri, 19 Jan 2024Kn5.9bKn1.7bKn517.9m9x11.5x3.5x
Sun, 17 Dec 2023Kn5.4bKn1.7bKn517.6m8.8x10.5x3.2x
Tue, 14 Nov 2023Kn5.0bKn1.7bKn517.6m8.9x9.6x2.9x
Thu, 12 Oct 2023Kn5.0bKn1.5bKn448.9m10.4x11.1x3.2x
Sat, 09 Sep 2023Kn5.1bKn1.5bKn448.9m10.7x11.3x3.3x
Mon, 07 Aug 2023Kn5.3bKn1.5bKn444.7m9.7x11.9x3.4x
Wed, 05 Jul 2023Kn4.6bKn1.4bKn482.6m9x9.6x3.4x
Fri, 02 Jun 2023Kn4.6bKn1.4bKn482.7m9.3x9.5x3.4x
Sun, 30 Apr 2023Kn4.3bKn1.4bKn443.9m7.7x9.7x3.2x
Tue, 28 Mar 2023Kn4.6bKn1.3bKn457.2m8.3x10x3.4x
Thu, 23 Feb 2023Kn4.1bKn1.4bKn481.5m9x8.6x3x
Sat, 21 Jan 2023Kn3.9bKn1.3bKn472.2m9.3x8.2x2.9x
Mon, 19 Dec 2022Kn25.9bKn10.2bKn3.6b8.6x7.2x2.5x
Wed, 16 Nov 2022Kn26.2bKn10.2bKn3.6b8.7x7.3x2.6x
Fri, 14 Oct 2022Kn25.9bKn9.7bKn3.3b8.3x7.9x2.7x
Sun, 11 Sep 2022Kn26.7bKn9.7bKn3.3b8.6x8.1x2.8x
Tue, 09 Aug 2022Kn26.5bKn9.7bKn3.3b8.5x8.1x2.7x
Thu, 07 Jul 2022Kn27.3bKn9.6bKn2.4b10.8x11.6x2.8x
Sat, 04 Jun 2022Kn26.9bKn9.6bKn2.4b10.9x11.5x2.8x
Mon, 02 May 2022Kn27.7bKn9.5bKn2.4b9.5x11.8x2.9x
Wed, 30 Mar 2022Kn29.5bKn9.4bKn2.2b9.5x13.6x3.1x
Fri, 25 Feb 2022Kn27.8bKn9.3bKn2.2b8.8x12.8x3x
Sun, 23 Jan 2022Kn27.3bKn9.0bKn1.9b8.3x14.6x3x
Tue, 21 Dec 2021Kn26.1bKn9.0bKn1.9b7.9x13.9x2.9x
Thu, 18 Nov 2021Kn26.0bKn9.0bKn1.9b8.7x13.9x2.9x
Sat, 16 Oct 2021Kn27.0bKn8.9bKn1.7b10.4x16x3x
Mon, 13 Sep 2021Kn24.8bKn8.9bKn1.7b10.3x14.6x2.8x
Wed, 11 Aug 2021Kn24.8bKn8.9bKn1.7b10.4x14.6x2.8x
Sun, 06 Jun 2021Kn23.8bKn8.5bKn1.5b9.8x15.6x2.8x
Wed, 10 Mar 2021Kn22.3bKn8.5bKn1.6b9.9x14.1x2.6x
Price to Earnings Ratio


Total Market Cap: Kn22.3bTotal Earnings: Kn1.6bTotal Revenue: Kn8.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Croatian Financials Sector Price to Earnings3Y Average 11.7x202220232024
Current Industry PE
  • Investors are optimistic on the Croatian Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.9x which is higher than its 3-year average PE of 11.7x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 31% per year over the last three years,
  • Revenues have also declined 41% 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 Market0.63%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial0%
Consumer Finance0%
Capital Markets0%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 513x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.1x.
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
HPB Hrvatska postanska banka d.d€216.002.9%
PDBA Podravska banka d.d€40.0014.3%
IKBA Istarska kreditna banka Umag d.d€426.001.4%
SNBA Slatinska Banka d.d€14.001.4%
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