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Croatian (CROBEX) Banks Industry Analysis

UpdatedMar 25, 2023
DataAggregated Company Financials
  • 7D-1.5%
  • 3M36.3%
  • 1Y23.9%
  • YTD33.1%

In the last week, Banks has been flat. As for the the longer term, the industry is up 24% over the past 12 months.

Industry Valuation and Performance

Has the Croatian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Mar 2023Kn4.1bKn835.0mKn408.3m8.2x10.1x5x
Mon, 20 Feb 2023Kn3.7bKn856.3mKn429.8m9.1x8.6x4.3x
Wed, 18 Jan 2023Kn3.4bKn848.5mKn425.9m9.2x8x4x
Fri, 16 Dec 2022Kn22.9bKn6.4bKn3.2b8.6x7.1x3.6x
Sun, 13 Nov 2022Kn22.4bKn6.4bKn3.2b8.5x6.9x3.5x
Tue, 11 Oct 2022Kn22.5bKn6.0bKn2.9b8.3x7.7x3.8x
Thu, 08 Sep 2022Kn23.6bKn6.0bKn2.9b8.6x8.1x4x
Sat, 06 Aug 2022Kn23.4bKn6.0bKn2.9b8.2x8x3.9x
Mon, 04 Jul 2022Kn23.5bKn5.9bKn2.0b10.8x11.8x4x
Wed, 01 Jun 2022Kn23.6bKn5.9bKn2.0b10.9x11.9x4x
Fri, 29 Apr 2022Kn23.6bKn5.9bKn2.0b9.5x11.8x4x
Sun, 27 Mar 2022Kn25.5bKn5.7bKn1.8b9.5x14.2x4.5x
Tue, 22 Feb 2022Kn24.3bKn5.4bKn1.5b8.7x16.2x4.5x
Thu, 20 Jan 2022Kn24.4bKn5.4bKn1.5b7.8x16.1x4.5x
Sat, 18 Dec 2021Kn22.4bKn5.4bKn1.5b6.9x14.8x4.2x
Mon, 15 Nov 2021Kn22.1bKn5.3bKn1.5b10x14.8x4.2x
Wed, 13 Oct 2021Kn23.6bKn5.2bKn1.4b9.2x17.4x4.5x
Fri, 10 Sep 2021Kn21.6bKn5.2bKn1.4b9.8x15.9x4.1x
Sun, 08 Aug 2021Kn21.8bKn5.2bKn1.4b9.7x16.1x4.2x
Sat, 01 May 2021Kn20.0bKn5.0bKn1.2b9.5x16.9x4x
Tue, 02 Feb 2021Kn19.4bKn5.0bKn1.3b9.3x15.4x3.8x
Fri, 06 Nov 2020Kn17.5bKn5.7bKn1.5b7.8x11.7x3.1x
Mon, 10 Aug 2020Kn17.2bKn5.9bKn1.5b8.1x11.7x2.9x
Sun, 03 May 2020Kn17.4bKn6.4bKn1.9b7.7x9.1x2.7x
Price to Earnings Ratio


Total Market Cap: Kn17.0bTotal Earnings: Kn1.9bTotal Revenue: Kn6.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Croatian Banks Industry Price to Earnings3Y Average 12.4x202120222023
Current Industry PE
  • Investors are pessimistic on the Croatian Banks 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 10.2x which is lower than its 3-year average PE of 12.5x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have declined 40% per year over the last three years,
  • Revenues have also declined 49% 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-0.80%
Regional Banks3.01%
Diversified Banks-1.54%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 12.5x.
    • 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 below its 3-year average of 12.3x.
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?

CompanyLast Price7D1YValuation
SNBA Slatinska Banka d.d€6.6513.7%
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