Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Hungarian (BUX) Market Analysis & Valuation

UpdatedOct 13, 2025
DataAggregated Company Financials
Companies51
  • 7D2.3%
  • 3M5.8%
  • 1Y27.6%
  • YTD19.0%

The market is up 2.3% over the last week, with the Financials sector leading the way, up 2.8%. In the last year, the market has climbed 28%. Earnings are forecast to grow by 4.9% annually.

Market Valuation and Performance

Has the Hungarian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Oct 2025Ft17.7tFt16.7tFt2.0t11.5x8.8x1.1x
Thu, 11 Sep 2025Ft17.8tFt16.8tFt2.0t10.5x8.8x1.1x
Sat, 09 Aug 2025Ft18.1tFt16.9tFt2.2t11.5x8.4x1.1x
Mon, 07 Jul 2025Ft17.1tFt16.8tFt2.1t11x8.1x1x
Wed, 04 Jun 2025Ft16.6tFt16.8tFt2.1t11.2x7.9x1x
Fri, 02 May 2025Ft16.7tFt16.5tFt2.1t11.2x7.9x1x
Sun, 30 Mar 2025Ft16.8tFt16.5tFt2.1t11.3x8x1x
Tue, 25 Feb 2025Ft16.2tFt15.9tFt1.9t10.5x8.5x1x
Thu, 23 Jan 2025Ft18.6tFt15.9tFt2.0t10x9.3x1.2x
Sat, 21 Dec 2024Ft14.6tFt16.0tFt2.0t9x7.3x0.9x
Mon, 18 Nov 2024Ft14.7tFt16.0tFt2.0t9.1x7.2x0.9x
Wed, 16 Oct 2024Ft14.3tFt16.0tFt2.1t8.9x6.9x0.9x
Fri, 13 Sep 2024Ft13.8tFt16.0tFt2.1t11.2x6.7x0.9x
Sun, 11 Aug 2024Ft13.5tFt15.9tFt2.1t11.3x6.5x0.9x
Tue, 09 Jul 2024Ft16.6tFt15.5tFt2.0t11.3x8.1x1.1x
Thu, 06 Jun 2024Ft13.3tFt15.5tFt2.0t10.8x6.5x0.9x
Sat, 04 May 2024Ft13.7tFt15.5tFt2.0t12.4x6.8x0.9x
Mon, 01 Apr 2024Ft13.3tFt15.6tFt2.0t12.3x6.6x0.9x
Wed, 28 Feb 2024Ft13.4tFt15.5tFt1.9t12.1x6.9x0.9x
Fri, 26 Jan 2024Ft13.1tFt15.8tFt1.8t12.3x7.3x0.8x
Sun, 24 Dec 2023Ft12.5tFt15.8tFt1.8t11.1x7x0.8x
Tue, 21 Nov 2023Ft11.0tFt15.6tFt1.7t11x6.3x0.7x
Thu, 19 Oct 2023Ft10.6tFt16.0tFt1.7t10.7x6.1x0.7x
Sat, 16 Sep 2023Ft10.7tFt15.9tFt1.7t10.2x6.1x0.7x
Mon, 14 Aug 2023Ft11.4tFt15.2tFt1.4t9.9x8.3x0.8x
Wed, 12 Jul 2023Ft8.3tFt15.1tFt1.5t9.1x5.5x0.5x
Fri, 09 Jun 2023Ft8.0tFt15.0tFt1.5t9.2x5.4x0.5x
Sun, 07 May 2023Ft7.8tFt14.3tFt1.2t9.8x6.3x0.5x
Tue, 04 Apr 2023Ft7.3tFt14.3tFt1.2t9.4x5.9x0.5x
Thu, 02 Mar 2023Ft7.6tFt14.1tFt1.3t8.8x5.6x0.5x
Sat, 28 Jan 2023Ft8.0tFt13.4tFt1.5t8.7x5.3x0.6x
Mon, 26 Dec 2022Ft7.8tFt13.3tFt1.5t8.9x5.1x0.6x
Wed, 23 Nov 2022Ft7.8tFt13.2tFt1.5t9.1x5.1x0.6x
Fri, 21 Oct 2022Ft7.0tFt11.8tFt1.3t8.9x5.5x0.6x
Price to Earnings Ratio

5.5x


Total Market Cap: Ft7.0tTotal Earnings: Ft1.3tTotal Revenue: Ft11.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Hungarian Market Price to Earnings3Y Average 6.8x202320242025
Current Market PE
  • Investors are optimistic on the Hungarian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 8.8x which is higher than its 3-year average PE of 6.8x.
Past Earnings Growth
  • The earnings for Hungarian listed companies have grown 16% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Hungarian Market?

HU Market2.30%
Utilities9.79%
Materials5.83%
Tech4.21%
Healthcare3.00%
Financials2.85%
Energy1.45%
Consumer Discretionary1.27%
Industrials0.93%
Real Estate0.22%
Telecom-1.41%
Consumer Staples-3.09%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 17.9x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings decline of 9.2% per year.
  • In contrast, the Telecom industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
OTP OTP Bank NyrtFt30.10k4.0%
+Ft310.0b		58.8%PB1.6xFinancials
RICHTER Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo RtFt10.43k3.1%
+Ft56.5b		-6.2%PE8.6xHealthcare
4IG 4iG NyrtFt3.03k4.3%
+Ft36.7b		281.9%PS1.2xTech
MOL MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo RészvénytársaságFt2.79k1.5%
+Ft25.5b		5.8%PE6xEnergy
ALTEO ALTEO Energy ServicesFt5.06k13.2%
+Ft11.8b		16.3%PE15xUtilities
See more

Market Insights

Header cover image
📈 Markets Break Records: Q3 2025 in Review, Q4 Outlook Ahead
Richard Bowman avatar
Richard Bowman
|
|
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
Continue reading
✨Rare Earths: Tiny Market, Outsized Influence
Last Week

✨Rare Earths: Tiny Market, Outsized Influence

Latest News

DUNAHOUSE
Ft1,190.00
Duna House Holding Nyrt
7D
-1.7%
1Y
28.8%

We Think Duna House Holding Nyrt's (BUSE:DUNAHOUSE) Robust Earnings Are Conservative

Oct 11
We Think Duna House Holding Nyrt's (BUSE:DUNAHOUSE) Robust Earnings Are Conservative
MTELEKOM
Ft1,794.00
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság
7D
-1.4%
1Y
68.6%

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság's (BUSE:MTELEKOM) Earnings Are Not Doing Enough For Some Investors

Oct 10
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság's (BUSE:MTELEKOM) Earnings Are Not Doing Enough For Some Investors
ALTEO
Ft5,060.00
ALTEO Energy Services
7D
13.2%
1Y
16.3%

ALTEO Energy Services Public Limited Company's (BUSE:ALTEO) Price Is Out Of Tune With Earnings

Oct 10
ALTEO Energy Services Public Limited Company's (BUSE:ALTEO) Price Is Out Of Tune With Earnings
OPUS
Ft550.00
OPUS GLOBAL Nyrt
7D
0.7%
1Y
8.5%
4IG
Ft3,025.00
4iG Nyrt
7D
4.3%
1Y
281.9%

Revenues Not Telling The Story For 4iG Nyrt. (BUSE:4IG) After Shares Rise 28%

Sep 27
Revenues Not Telling The Story For 4iG Nyrt. (BUSE:4IG) After Shares Rise 28%
MOL
Ft2,794.00
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság
7D
1.5%
1Y
5.8%
RABA
Ft2,180.00
RÁBA Jármuipari Holding Nyrt
7D
5.3%
1Y
73.7%
MBHBANK
Ft5,880.00
MBH Bank Nyrt
7D
-1.0%
1Y
-23.2%
DMKER
Ft35.70
DM-KER Nyilvánosan Muködo Részvénytársaság
7D
-8.5%
1Y
2.6%

DM-KER Nyilvánosan Muködo Részvénytársaság's (BUSE:DMKER) Business Is Trailing The Industry But Its Shares Aren't

Aug 23
DM-KER Nyilvánosan Muködo Részvénytársaság's (BUSE:DMKER) Business Is Trailing The Industry But Its Shares Aren't
GSPARK
€12.75
Graphisoft Park SE Ingatlanfejleszto Európai Részvénytársaság
7D
-1.9%
1Y
18.1%
ZWACK
Ft32,700.00
Zwack Unicum Likoripari és Kereskedelmi Nyilvánosan Muködo Részvénytársaság
7D
-1.8%
1Y
36.3%
BIF
Ft400.00
Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt
7D
2.6%
1Y
-13.6%
RICHTER
Ft10,430.00
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt
7D
3.1%
1Y
-6.2%

The Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (BUSE:RICHTER) Half-Yearly Results Are Out And Analysts Have Published New Forecasts

Aug 09
The Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (BUSE:RICHTER) Half-Yearly Results Are Out And Analysts Have Published New Forecasts
MASTERPLAST
Ft2,660.00
Masterplast Nyrt
7D
-0.7%
1Y
0.4%
OTP
Ft30,100.00
OTP Bank Nyrt
7D
4.0%
1Y
58.8%

OTP Bank Nyrt (BUSE:OTP) Will Pay A Larger Dividend Than Last Year At HUF964.29

May 19
OTP Bank Nyrt (BUSE:OTP) Will Pay A Larger Dividend Than Last Year At HUF964.29