Croatian (CROBEX) Financials Sector Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies9
- 7D-3.8%
- 3M11.3%
- 1Y63.9%
- YTD17.5%
Over the last 7 days, the Financials industry has remained flat, although notably ADRIATIC osiguranje d.d declined by 6.8%. The past year has been better, since the industry has gained 72% in that time.
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 |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | Kn7.1b | Kn2.0b | Kn679.2m | 9x | 10.4x | 3.5x |
| Fri, 15 Mar 2024 | Kn6.9b | Kn2.1b | Kn679.2m | 8.4x | 10.1x | 3.3x |
| Sun, 11 Feb 2024 | Kn7.2b | Kn1.7b | Kn517.9m | 10.7x | 13.8x | 4.2x |
| Tue, 09 Jan 2024 | Kn5.8b | Kn1.7b | Kn517.9m | 9x | 11.2x | 3.4x |
| Thu, 07 Dec 2023 | Kn5.4b | Kn1.7b | Kn517.6m | 8.8x | 10.4x | 3.2x |
| Sat, 04 Nov 2023 | Kn5.0b | Kn1.7b | Kn514.5m | 9.7x | 9.7x | 2.9x |
| Mon, 02 Oct 2023 | Kn5.0b | Kn1.5b | Kn448.9m | 10.7x | 11.1x | 3.2x |
| Wed, 30 Aug 2023 | Kn5.1b | Kn1.5b | Kn444.4m | 10.7x | 11.5x | 3.3x |
| Fri, 28 Jul 2023 | Kn4.8b | Kn1.5b | Kn557.7m | 9.8x | 8.6x | 3.2x |
| Sun, 25 Jun 2023 | Kn4.7b | Kn1.4b | Kn482.6m | 9.5x | 9.7x | 3.4x |
| Tue, 23 May 2023 | Kn4.6b | Kn1.4b | Kn482.8m | 8.2x | 9.5x | 3.3x |
| Thu, 20 Apr 2023 | Kn4.1b | Kn1.3b | Kn428.9m | 8.3x | 9.7x | 3.1x |
| Sat, 18 Mar 2023 | Kn4.6b | Kn1.4b | Kn462.5m | 8.1x | 10x | 3.4x |
| Mon, 13 Feb 2023 | Kn3.9b | Kn1.4b | Kn478.9m | 9.2x | 8.2x | 2.9x |
| Wed, 11 Jan 2023 | Kn3.8b | Kn1.3b | Kn476.4m | 9.2x | 8x | 2.8x |
| Fri, 09 Dec 2022 | Kn26.2b | Kn10.2b | Kn3.6b | 8.7x | 7.3x | 2.6x |
| Sun, 06 Nov 2022 | Kn25.7b | Kn10.2b | Kn3.6b | 8.6x | 7.1x | 2.5x |
| Tue, 04 Oct 2022 | Kn25.6b | Kn9.7b | Kn3.3b | 8.3x | 7.8x | 2.6x |
| Thu, 01 Sep 2022 | Kn27.0b | Kn9.7b | Kn3.3b | 8.5x | 8.2x | 2.8x |
| Sat, 30 Jul 2022 | Kn26.8b | Kn9.7b | Kn2.3b | 10.1x | 11.4x | 2.8x |
| Mon, 27 Jun 2022 | Kn26.4b | Kn9.6b | Kn2.4b | 10.8x | 11.2x | 2.7x |
| Wed, 25 May 2022 | Kn27.1b | Kn9.6b | Kn2.4b | 10.9x | 11.5x | 2.8x |
| Fri, 22 Apr 2022 | Kn27.8b | Kn9.4b | Kn2.2b | 9.4x | 12.9x | 3x |
| Sun, 20 Mar 2022 | Kn28.6b | Kn9.4b | Kn2.2b | 9.4x | 13.2x | 3x |
| Tue, 15 Feb 2022 | Kn27.2b | Kn9.0b | Kn1.9b | 8.8x | 14.7x | 3x |
| Thu, 13 Jan 2022 | Kn27.6b | Kn9.0b | Kn1.9b | 8.3x | 14.8x | 3.1x |
| Sat, 11 Dec 2021 | Kn25.9b | Kn9.0b | Kn1.9b | 7.9x | 13.9x | 2.9x |
| Mon, 08 Nov 2021 | Kn24.8b | Kn9.0b | Kn1.8b | 10.4x | 13.6x | 2.8x |
| Wed, 06 Oct 2021 | Kn26.4b | Kn8.9b | Kn1.7b | 9.8x | 15.6x | 3x |
| Fri, 03 Sep 2021 | Kn24.7b | Kn8.9b | Kn1.7b | 10.3x | 14.6x | 2.8x |
| Sun, 01 Aug 2021 | Kn24.3b | Kn8.9b | Kn1.7b | 10.4x | 14.4x | 2.7x |
| Wed, 05 May 2021 | Kn23.4b | Kn8.5b | Kn1.5b | 9.8x | 15.4x | 2.8x |
Price to Earnings Ratio
15.4x
Current Industry PE
- Investors are relatively neutral on the Croatian Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 11.5x.
- The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.5x.
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 | -0.39% | |
| Financials | -3.79% | |
| Insurance | 3.12% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Banks | -4.34% | |
| Capital Markets | -4.76% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 521x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Insurance industry, which is trading close to its 3-year average of 9.8x.
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 | |
|---|---|---|---|---|---|
| CROS Croatia osiguranje d.d | €1.25k | 5.0% +€25.3m | 48.8% | PE9x | |
| PDBA Podravska banka d.d | €53.50 | 2.9% +€998.1k | n/a | PB0.5x | |
| SNBA Slatinska Banka d.d | €13.00 | 4.8% +€508.6k | 111.4% | PB0.4x |