Croatian (CROBEX) Banks Industry Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies6
- 7D-4.3%
- 3M9.9%
- 1Y67.1%
- YTD16.4%
Over the last 7 days, the Banks industry has remained flat. As for the the longer term, the industry is up 77% over the past 12 months.
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 |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | Kn6.5b | Kn1.3b | Kn615.5m | 8.6x | 10.6x | 5.1x |
| Fri, 15 Mar 2024 | Kn6.4b | Kn1.3b | Kn615.5m | 7.9x | 10.4x | 5.1x |
| Sun, 11 Feb 2024 | Kn6.5b | Kn1.1b | Kn480.5m | 9.6x | 13.6x | 5.8x |
| Tue, 09 Jan 2024 | Kn5.4b | Kn1.1b | Kn480.5m | 7.8x | 11.2x | 4.7x |
| Thu, 07 Dec 2023 | Kn5.0b | Kn1.1b | Kn480.3m | 7.3x | 10.3x | 4.4x |
| Sat, 04 Nov 2023 | Kn4.6b | Kn1.1b | Kn477.1m | 9.2x | 9.6x | 4.1x |
| Mon, 02 Oct 2023 | Kn4.6b | Kn1.0b | Kn399.6m | 10.7x | 11.4x | 4.5x |
| Wed, 30 Aug 2023 | Kn4.7b | Kn1.0b | Kn399.6m | 10.7x | 11.7x | 4.6x |
| Fri, 28 Jul 2023 | Kn4.4b | Kn994.5m | Kn512.9m | 9.8x | 8.5x | 4.4x |
| Sun, 25 Jun 2023 | Kn4.2b | Kn852.0m | Kn437.9m | 9.6x | 9.7x | 5x |
| Tue, 23 May 2023 | Kn4.1b | Kn852.8m | Kn438.1m | 8.7x | 9.5x | 4.9x |
| Thu, 20 Apr 2023 | Kn3.7b | Kn832.2m | Kn379.9m | 8.3x | 9.8x | 4.5x |
| Sat, 18 Mar 2023 | Kn4.2b | Kn842.9m | Kn412.1m | 8.1x | 10.2x | 5x |
| Mon, 13 Feb 2023 | Kn3.5b | Kn857.5m | Kn430.4m | 9.1x | 8.1x | 4.1x |
| Wed, 11 Jan 2023 | Kn3.4b | Kn852.9m | Kn428.1m | 9.1x | 7.9x | 3.9x |
| Fri, 09 Dec 2022 | Kn23.0b | Kn6.4b | Kn3.2b | 8.7x | 7.1x | 3.6x |
| Sun, 06 Nov 2022 | Kn22.6b | Kn6.4b | Kn3.2b | 8.6x | 7x | 3.5x |
| Tue, 04 Oct 2022 | Kn22.4b | Kn6.0b | Kn2.9b | 8.3x | 7.7x | 3.8x |
| Thu, 01 Sep 2022 | Kn23.6b | Kn6.0b | Kn2.9b | 8.4x | 8.1x | 4x |
| Sat, 30 Jul 2022 | Kn23.4b | Kn6.0b | Kn2.0b | 10.1x | 11.8x | 3.9x |
| Mon, 27 Jun 2022 | Kn22.8b | Kn5.9b | Kn2.0b | 10.8x | 11.5x | 3.9x |
| Wed, 25 May 2022 | Kn23.6b | Kn5.9b | Kn2.0b | 10.9x | 11.9x | 4x |
| Fri, 22 Apr 2022 | Kn23.9b | Kn5.7b | Kn1.8b | 9.4x | 13.3x | 4.2x |
| Sun, 20 Mar 2022 | Kn25.0b | Kn5.7b | Kn1.8b | 9.4x | 13.9x | 4.4x |
| Tue, 15 Feb 2022 | Kn23.6b | Kn5.4b | Kn1.5b | 8.5x | 15.7x | 4.4x |
| Thu, 13 Jan 2022 | Kn24.0b | Kn5.4b | Kn1.5b | 7.9x | 15.9x | 4.5x |
| Sat, 11 Dec 2021 | Kn22.3b | Kn5.4b | Kn1.5b | 6.9x | 14.7x | 4.1x |
| Mon, 08 Nov 2021 | Kn21.4b | Kn5.3b | Kn1.5b | 9.8x | 14.3x | 4x |
| Wed, 06 Oct 2021 | Kn23.0b | Kn5.2b | Kn1.4b | 9.4x | 16.9x | 4.4x |
| Fri, 03 Sep 2021 | Kn21.4b | Kn5.2b | Kn1.4b | 9.6x | 15.7x | 4.1x |
| Sun, 01 Aug 2021 | Kn21.0b | Kn5.2b | Kn1.4b | 9.4x | 15.4x | 4x |
| Wed, 05 May 2021 | Kn20.0b | Kn5.0b | Kn1.2b | 9.5x | 16.9x | 4x |
Price to Earnings Ratio
16.9x
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 10.6x which is lower than its 3-year average PE of 11.9x.
- The 3-year average PS ratio of 4.4x is lower than the industry's current PS ratio of 5.1x.
Past Earnings Growth
- The earnings for companies in the Banks industry have declined 20% per year over the last three years,
- Revenues have also declined 36% 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 | -0.39% | |
| Financials | -3.79% | |
| Banks | -4.34% | |
| Regional Banks | 3.32% | |
| Diversified Banks | -4.39% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 11.9x.
- 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 9.9x.
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 | |
|---|---|---|---|---|---|
| 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 |