Croatian (CROBEX) Banks Industry Analysis
UpdatedMar 25, 2023
DataAggregated Company Financials
Companies6
- 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 25 Mar 2023 | Kn4.1b | Kn835.0m | Kn408.3m | 8.2x | 10.1x | 5x |
| Mon, 20 Feb 2023 | Kn3.7b | Kn856.3m | Kn429.8m | 9.1x | 8.6x | 4.3x |
| Wed, 18 Jan 2023 | Kn3.4b | Kn848.5m | Kn425.9m | 9.2x | 8x | 4x |
| Fri, 16 Dec 2022 | Kn22.9b | Kn6.4b | Kn3.2b | 8.6x | 7.1x | 3.6x |
| Sun, 13 Nov 2022 | Kn22.4b | Kn6.4b | Kn3.2b | 8.5x | 6.9x | 3.5x |
| Tue, 11 Oct 2022 | Kn22.5b | Kn6.0b | Kn2.9b | 8.3x | 7.7x | 3.8x |
| Thu, 08 Sep 2022 | Kn23.6b | Kn6.0b | Kn2.9b | 8.6x | 8.1x | 4x |
| Sat, 06 Aug 2022 | Kn23.4b | Kn6.0b | Kn2.9b | 8.2x | 8x | 3.9x |
| Mon, 04 Jul 2022 | Kn23.5b | Kn5.9b | Kn2.0b | 10.8x | 11.8x | 4x |
| Wed, 01 Jun 2022 | Kn23.6b | Kn5.9b | Kn2.0b | 10.9x | 11.9x | 4x |
| Fri, 29 Apr 2022 | Kn23.6b | Kn5.9b | Kn2.0b | 9.5x | 11.8x | 4x |
| Sun, 27 Mar 2022 | Kn25.5b | Kn5.7b | Kn1.8b | 9.5x | 14.2x | 4.5x |
| Tue, 22 Feb 2022 | Kn24.3b | Kn5.4b | Kn1.5b | 8.7x | 16.2x | 4.5x |
| Thu, 20 Jan 2022 | Kn24.4b | Kn5.4b | Kn1.5b | 7.8x | 16.1x | 4.5x |
| Sat, 18 Dec 2021 | Kn22.4b | Kn5.4b | Kn1.5b | 6.9x | 14.8x | 4.2x |
| Mon, 15 Nov 2021 | Kn22.1b | Kn5.3b | Kn1.5b | 10x | 14.8x | 4.2x |
| Wed, 13 Oct 2021 | Kn23.6b | Kn5.2b | Kn1.4b | 9.2x | 17.4x | 4.5x |
| Fri, 10 Sep 2021 | Kn21.6b | Kn5.2b | Kn1.4b | 9.8x | 15.9x | 4.1x |
| Sun, 08 Aug 2021 | Kn21.8b | Kn5.2b | Kn1.4b | 9.7x | 16.1x | 4.2x |
| Sat, 01 May 2021 | Kn20.0b | Kn5.0b | Kn1.2b | 9.5x | 16.9x | 4x |
| Tue, 02 Feb 2021 | Kn19.4b | Kn5.0b | Kn1.3b | 9.3x | 15.4x | 3.8x |
| Fri, 06 Nov 2020 | Kn17.5b | Kn5.7b | Kn1.5b | 7.8x | 11.7x | 3.1x |
| Mon, 10 Aug 2020 | Kn17.2b | Kn5.9b | Kn1.5b | 8.1x | 11.7x | 2.9x |
| Sun, 03 May 2020 | Kn17.4b | Kn6.4b | Kn1.9b | 7.7x | 9.1x | 2.7x |
Price to Earnings Ratio
8.9x
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 10.2x 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% | |
| Financials | -1.38% | |
| Banks | -1.52% | |
| Regional Banks | 3.01% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SNBA Slatinska Banka d.d | €6.65 | 13.7% +€678.1k | 25.9% | PB0.3x |