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Croatian (CROBEX) Banks Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies6
- 7D-2.0%
- 3M41.5%
- 1Y82.8%
- YTD82.2%
Over the last 7 days, the Banks industry has dropped 1.7%, driven by a pullback from Zagrebacka banka d.d of 1.4%. Over the past 12 months, the industry was up 83%.
Industry Valuation and Performance
Has the Croatian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | Kn9.7b | Kn1.3b | Kn665.5m | 8.5x | 14.6x | 7.2x |
| Thu, 28 Nov 2024 | Kn8.8b | Kn1.3b | Kn664.9m | 8x | 13.3x | 6.6x |
| Sat, 26 Oct 2024 | Kn7.4b | Kn1.3b | Kn672.7m | 8x | 11x | 5.5x |
| Mon, 23 Sep 2024 | Kn6.8b | Kn1.3b | Kn675.8m | 7.3x | 10x | 5.1x |
| Wed, 21 Aug 2024 | Kn6.8b | Kn1.3b | Kn675.8m | 7.2x | 10x | 5x |
| Fri, 19 Jul 2024 | Kn6.4b | Kn1.3b | Kn657.5m | 7.7x | 9.8x | 4.9x |
| Sun, 16 Jun 2024 | Kn6.4b | Kn1.3b | Kn657.5m | 8.1x | 9.8x | 4.9x |
| Tue, 14 May 2024 | Kn6.2b | Kn1.3b | Kn657.5m | 7.4x | 9.4x | 4.7x |
| Thu, 11 Apr 2024 | Kn6.5b | Kn1.3b | Kn615.5m | 8.6x | 10.6x | 5.1x |
| Sat, 09 Mar 2024 | Kn6.5b | Kn1.3b | Kn615.5m | 7.9x | 10.6x | 5.2x |
| Mon, 05 Feb 2024 | Kn6.1b | Kn1.1b | Kn480.5m | 8.8x | 12.7x | 5.4x |
| Wed, 03 Jan 2024 | Kn5.3b | Kn1.1b | Kn480.5m | 7.4x | 11.1x | 4.7x |
| Fri, 01 Dec 2023 | Kn4.8b | Kn1.1b | Kn480.3m | 7.3x | 10x | 4.3x |
| Sun, 29 Oct 2023 | Kn4.6b | Kn1.0b | Kn399.6m | 10.1x | 11.4x | 4.5x |
| Tue, 26 Sep 2023 | Kn4.6b | Kn1.0b | Kn399.6m | 10.7x | 11.5x | 4.5x |
| Thu, 24 Aug 2023 | Kn4.7b | Kn1.0b | Kn399.6m | 10.7x | 11.7x | 4.6x |
| Sat, 22 Jul 2023 | Kn4.3b | Kn851.6m | Kn437.9m | 9.6x | 9.9x | 5.1x |
| Mon, 19 Jun 2023 | Kn4.3b | Kn851.9m | Kn437.9m | 10.2x | 9.7x | 5x |
| Wed, 17 May 2023 | Kn4.0b | Kn852.5m | Kn438.1m | 8.3x | 9x | 4.6x |
| Fri, 14 Apr 2023 | Kn3.7b | Kn824.9m | Kn376.4m | 8.5x | 9.8x | 4.5x |
| Sun, 12 Mar 2023 | Kn4.2b | Kn743.9m | Kn402.5m | 8.2x | 10.5x | 5.7x |
| Tue, 07 Feb 2023 | Kn3.5b | Kn853.8m | Kn428.6m | 9x | 8.2x | 4.1x |
| Thu, 05 Jan 2023 | Kn3.3b | Kn862.5m | Kn433.0m | 8.9x | 7.6x | 3.8x |
| Sat, 03 Dec 2022 | Kn23.1b | Kn6.4b | Kn3.2b | 8.7x | 7.1x | 3.6x |
| Mon, 31 Oct 2022 | Kn22.5b | Kn6.4b | Kn2.2b | 9.6x | 10x | 3.5x |
| Wed, 28 Sep 2022 | Kn23.2b | Kn6.0b | Kn2.9b | 8.3x | 7.9x | 3.9x |
| Fri, 26 Aug 2022 | Kn23.6b | Kn6.0b | Kn2.9b | 8.4x | 8.1x | 4x |
| Sun, 24 Jul 2022 | Kn23.1b | Kn5.9b | Kn2.0b | 10.1x | 11.6x | 3.9x |
| Tue, 21 Jun 2022 | Kn22.5b | Kn5.9b | Kn2.0b | 10.7x | 11.3x | 3.8x |
| Thu, 19 May 2022 | Kn23.4b | Kn5.9b | Kn2.0b | 11.1x | 11.8x | 4x |
| Sat, 16 Apr 2022 | Kn24.1b | Kn5.7b | Kn1.8b | 9.4x | 13.4x | 4.2x |
| Mon, 14 Mar 2022 | Kn24.3b | Kn5.7b | Kn1.8b | 9.1x | 13.5x | 4.3x |
| Wed, 09 Feb 2022 | Kn23.9b | Kn5.4b | Kn1.5b | 8.5x | 15.9x | 4.5x |
| Fri, 07 Jan 2022 | Kn23.3b | Kn5.4b | Kn1.5b | 7.9x | 15.4x | 4.3x |
Price to Earnings Ratio
15.4x
Current Industry PE
- Investors are optimistic on the Croatian Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.6x which is higher than its 3-year average PE of 10.7x.
- The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 7.2x.
Past Earnings Growth
- The earnings for companies in the Banks industry have declined 24% per year over the last three years,
- Revenues have also declined 37% 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 industry?
| HR Market | -0.062% | |
| Financials | -1.89% | |
| Banks | -2.02% | |
| Regional Banks | 0% | |
| Diversified Banks | -2.03% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 10.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 8.9x.
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 | |
|---|---|---|---|---|---|
| HPB Hrvatska postanska banka d.d | €318.00 | 2.6% +€16.2m | 70.1% | PB1.1x | |
| IKBA Istarska kreditna banka Umag d.d | €525.00 | 2.9% +€2.2m | 38.9% | PB1.1x |