Analysis Article • May 27
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Croatian (CROBEX) Industrials Sector Analysis
UpdatedJun 04, 2026
DataAggregated Company Financials
Companies16
- 7D5.9%
- 3M15.0%
- 1Y55.8%
- YTD16.4%
The Industrials industry is up 5.9% in the last week, with KONCAR - Elektroindustrija d.d up 13%. During this same period, the Ðuro Ðakovic Grupa d.d underperformed, falling 7.4%. In the last 12 months, the industry was up 56%. Earnings are forecast to grow by 6.7% annually.
Sector Valuation and Performance
Has the Croatian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 04 Jun 2026 | Kn10.1b | Kn4.8b | Kn378.1m | 19.1x | 26.8x | 2.1x |
| Sat, 02 May 2026 | Kn8.9b | Kn4.5b | Kn434.3m | 18.7x | 20.4x | 2x |
| Mon, 30 Mar 2026 | Kn8.3b | Kn4.4b | Kn428.9m | 16.4x | 19.3x | 1.9x |
| Wed, 25 Feb 2026 | Kn9.0b | Kn4.2b | Kn427.4m | 20.5x | 21x | 2.1x |
| Fri, 23 Jan 2026 | Kn8.8b | Kn4.2b | Kn427.4m | 19.9x | 20.7x | 2.1x |
| Sun, 21 Dec 2025 | Kn8.3b | Kn4.2b | Kn427.4m | 20.5x | 19.3x | 2x |
| Tue, 18 Nov 2025 | Kn8.1b | Kn4.2b | Kn427.4m | 19x | 18.8x | 1.9x |
| Thu, 16 Oct 2025 | Kn8.0b | Kn4.0b | Kn419.1m | 19.2x | 19.2x | 2x |
| Sat, 13 Sep 2025 | Kn8.1b | Kn4.0b | Kn419.1m | 20.2x | 19.3x | 2x |
| Mon, 11 Aug 2025 | Kn7.6b | Kn3.9b | Kn402.1m | 16.1x | 18.8x | 1.9x |
| Wed, 09 Jul 2025 | Kn6.7b | Kn3.9b | Kn395.4m | 13.8x | 16.9x | 1.7x |
| Fri, 06 Jun 2025 | Kn6.5b | Kn3.9b | Kn395.4m | 12.9x | 16.4x | 1.7x |
| Sun, 04 May 2025 | Kn6.0b | Kn3.9b | Kn391.5m | 12.5x | 15.3x | 1.6x |
| Tue, 01 Apr 2025 | Kn5.8b | Kn3.7b | Kn346.4m | 11.7x | 16.7x | 1.6x |
| Thu, 27 Feb 2025 | Kn5.0b | Kn3.5b | Kn295.6m | 15.1x | 16.8x | 1.4x |
| Sat, 25 Jan 2025 | Kn5.2b | Kn3.5b | Kn298.2m | 16.8x | 17.6x | 1.5x |
| Mon, 23 Dec 2024 | Kn4.6b | Kn3.5b | Kn298.2m | 14.4x | 15.3x | 1.3x |
| Wed, 20 Nov 2024 | Kn4.5b | Kn3.5b | Kn298.2m | 15x | 15x | 1.3x |
| Fri, 18 Oct 2024 | Kn4.5b | Kn3.4b | Kn259.5m | 18x | 17.5x | 1.3x |
| Sun, 15 Sep 2024 | Kn4.5b | Kn3.4b | Kn259.5m | 18.1x | 17.2x | 1.3x |
| Tue, 13 Aug 2024 | Kn4.4b | Kn3.4b | Kn256.3m | 15x | 17x | 1.3x |
| Thu, 11 Jul 2024 | Kn3.4b | Kn3.2b | Kn202.5m | 12.3x | 16.9x | 1.1x |
| Sat, 08 Jun 2024 | Kn3.4b | Kn3.2b | Kn202.5m | 12x | 16.7x | 1x |
| Mon, 06 May 2024 | Kn3.4b | Kn3.2b | Kn213.5m | 11.5x | 15.8x | 1.1x |
| Wed, 03 Apr 2024 | Kn3.6b | Kn3.3b | Kn202.7m | 13x | 17.8x | 1.1x |
| Fri, 01 Mar 2024 | Kn3.5b | Kn3.2b | Kn189.8m | 15.2x | 18.4x | 1.1x |
| Sun, 28 Jan 2024 | Kn4.0b | Kn3.6b | Kn165.1m | 16x | 24.3x | 1.1x |
| Tue, 26 Dec 2023 | Kn3.8b | Kn3.6b | Kn165.1m | 14x | 23x | 1x |
| Thu, 23 Nov 2023 | Kn3.7b | Kn3.6b | Kn168.9m | 14.4x | 22x | 1x |
| Sat, 21 Oct 2023 | Kn3.5b | Kn3.4b | Kn162.7m | 12.2x | 21.3x | 1x |
| Mon, 18 Sep 2023 | Kn3.7b | Kn3.4b | Kn162.7m | 13.4x | 22.7x | 1.1x |
| Wed, 16 Aug 2023 | Kn3.6b | Kn3.4b | Kn163.5m | 12.6x | 21.7x | 1.1x |
| Fri, 14 Jul 2023 | Kn3.2b | Kn3.1b | Kn157.2m | 14.1x | 20.2x | 1x |
| Sun, 11 Jun 2023 | Kn3.3b | Kn3.3b | Kn139.3m | 12.5x | 23.8x | 1x |
Price to Earnings Ratio
23.8x
Current Industry PE
- Investors are optimistic on the Croatian Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 26.8x which is higher than its 3-year average PE of 18.9x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Croatian Industrials sector?
| HR Market | 0.95% | |
| Industrials | 5.92% | |
| Electrical | 11.25% | |
| Construction | 8.34% | |
| Industrials | 6.92% | |
| Infrastructure | 2.40% | |
| Trade Distributors | 0% | 0 |
| Airlines | 0% | 0 |
| Marine and Shipping | -0.66% | |
| Professional Services | -1.97% | |
| Machinery | -7.40% | |
Industry PE
- Investors are most optimistic about the Machinery industry which is trading above its 3-year average PE ratio of 94.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 10% over the next 5 years.
- However this is lower than its past earnings growth rate of 20% per year.
- In contrast, the Electrical industry is expected to see its earnings grow by 5.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KOEI KONCAR - Elektroindustrija d.d | €1.05k | 12.7% +€300.7m | 99.6% | PE17.6x | |
| KODT Koncar - distributivni i specijalni transformatori d.d | €4.37k | 9.5% +€194.3m | 42.8% | PE15.8x | |
| ADRS Adris grupa d. d | €139.00 | 6.9% +€143.0m | 45.5% | PE27.4x | |
| DLKV Dalekovod d.d | €14.55 | 13.2% +€70.1m | 142.5% | PE40.1x | |
| LKPC Luka Ploce d.d | €182.00 | 11.0% +€7.6m | 34.8% | PE13.2x |