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Hungarian (BUX) Market Analysis & Valuation

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies51
  • 7D-0.1%
  • 3M4.4%
  • 1Y17.9%
  • YTD2.0%

The market has been flat in the last week, however the Information Technology sector is down 8.3%. As for the longer term, the market has risen 18% in the past 12 months. As for the next few years, earnings are expected to grow by 4.3% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026Ft19.3tFt16.5tFt2.1t9.2x9x1.2x
Mon, 16 Feb 2026Ft20.4tFt16.6tFt2.0t9.5x10x1.2x
Wed, 14 Jan 2026Ft19.6tFt16.6tFt2.1t9.4x9.6x1.2x
Fri, 12 Dec 2025Ft18.8tFt16.6tFt2.0t10x9.2x1.1x
Sun, 09 Nov 2025Ft18.9tFt16.6tFt2.0t12.1x9.4x1.1x
Tue, 07 Oct 2025Ft17.4tFt16.7tFt2.0t11x8.7x1x
Thu, 04 Sep 2025Ft18.0tFt16.8tFt2.0t10.6x8.9x1.1x
Sat, 02 Aug 2025Ft17.4tFt16.8tFt2.1t11.5x8.3x1x
Mon, 30 Jun 2025Ft16.7tFt16.8tFt2.1t11.2x7.9x1x
Wed, 28 May 2025Ft16.7tFt16.8tFt2.1t10.8x7.9x1x
Fri, 25 Apr 2025Ft16.5tFt16.5tFt2.1t11.2x7.8x1x
Sun, 23 Mar 2025Ft16.6tFt16.5tFt2.1t10.8x7.9x1x
Tue, 18 Feb 2025Ft16.3tFt16.0tFt2.0t10.5x8.1x1x
Thu, 16 Jan 2025Ft18.4tFt15.9tFt2.0t9.8x9.2x1.2x
Sat, 14 Dec 2024Ft14.9tFt16.0tFt2.0t8.9x7.4x0.9x
Mon, 11 Nov 2024Ft14.5tFt16.0tFt2.0t9.1x7.2x0.9x
Wed, 09 Oct 2024Ft14.1tFt16.0tFt2.1t9.1x6.8x0.9x
Fri, 06 Sep 2024Ft13.7tFt16.0tFt2.1t10.8x6.7x0.9x
Sun, 04 Aug 2024Ft13.5tFt15.5tFt2.0t11.4x6.6x0.9x
Tue, 02 Jul 2024Ft13.8tFt15.5tFt2.0t11.7x6.8x0.9x
Thu, 30 May 2024Ft13.4tFt15.5tFt2.0t11.3x6.6x0.9x
Sat, 27 Apr 2024Ft13.5tFt15.7tFt2.0t12.1x6.7x0.9x
Mon, 25 Mar 2024Ft13.3tFt15.6tFt2.0t12x6.6x0.9x
Wed, 21 Feb 2024Ft13.4tFt15.5tFt1.9t12.1x7x0.9x
Fri, 19 Jan 2024Ft13.1tFt15.8tFt1.8t12.1x7.3x0.8x
Sun, 17 Dec 2023Ft12.4tFt15.7tFt1.8t11.2x7x0.8x
Tue, 14 Nov 2023Ft10.7tFt15.2tFt1.6t11x6.5x0.7x
Thu, 12 Oct 2023Ft10.5tFt16.0tFt1.7t10.7x6x0.7x
Sat, 09 Sep 2023Ft10.5tFt15.9tFt1.7t9.8x6x0.7x
Mon, 07 Aug 2023Ft12.5tFt15.6tFt1.5t9.2x8.2x0.8x
Wed, 05 Jul 2023Ft8.2tFt15.1tFt1.5t9.3x5.5x0.5x
Fri, 02 Jun 2023Ft7.7tFt14.9tFt1.5t10.1x5.2x0.5x
Sun, 30 Apr 2023Ft7.5tFt14.3tFt1.2t9.5x6.1x0.5x
Tue, 28 Mar 2023Ft7.1tFt14.3tFt1.2t9.1x5.8x0.5x
Price to Earnings Ratio

5.8x


Total Market Cap: Ft7.1tTotal Earnings: Ft1.2tTotal Revenue: Ft14.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Hungarian Market Price to Earnings3Y Average 7.4x202420252026
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 9.0x which is higher than its 3-year average PE of 7.4x.
Past Earnings Growth
  • The earnings for Hungarian listed companies have grown 20% per year over the last three years.
  • Revenues for these companies have grown 4.8% 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 Market-0.12%
Energy1.82%
Financials0.96%
Consumer Discretionary-0.33%
Healthcare-1.16%
Real Estate-1.74%
Telecom-1.98%
Consumer Staples-2.37%
Industrials-2.77%
Utilities-2.86%
Materials-6.88%
Tech-8.31%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 11.0x.
    • 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 Energy sector, expecting annual earnings growth of 5.1% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Healthcare 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 NyrtFt35.95k1.2%
+Ft116.9b		42.5%PB1.7xFinancials
MOL MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo RészvénytársaságFt3.92k1.8%
+Ft44.6b		35.7%PE8.4xEnergy
SPLUS Shopper Park Plus Nyilvánosan Muködo Részvénytársaság€12.602.4%
+€7.3m		1.6%PB1xReal Estate
APPENINN Appeninn Vagyonkezelo Holding Nyilvánosan Muködo RészvénytársaságFt682.000.9%
+Ft284.2m		-23.5%PE6.9xReal Estate
PANNERGY PannErgy NyrtFt1.90k0.8%
+Ft201.1m		19.5%PE24xUtilities
See more

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Latest News

MOL
Ft3,916.00
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság
7D
1.8%
1Y
35.7%
MTELEKOM
Ft2,010.00
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság
7D
-2.0%
1Y
16.1%
OTP
Ft35,950.00
OTP Bank Nyrt
7D
1.2%
1Y
42.5%
BIF
Ft305.00
Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt
7D
-9.0%
1Y
-39.7%
RICHTER
Ft11,740.00
Gedeon Richter
7D
-1.2%
1Y
10.1%
FUTURAQUA
Ft10.00
FuturAqua Ásványvíztermelo és Vagyonkezelo Nyilvánosan Muködo Részvénytársaság
7D
7.5%
1Y
-41.2%
SPLUS
€12.60
Shopper Park Plus Nyilvánosan Muködo Részvénytársaság
7D
2.4%
1Y
1.6%
4IG
Ft2,940.00
4iG Nyrt
7D
-8.4%
1Y
78.8%
APPENINN
Ft682.00
Appeninn Vagyonkezelo Holding Nyilvánosan Muködo Részvénytársaság
7D
0.9%
1Y
-23.5%
GSPARK
€14.40
Graphisoft Park SE Ingatlanfejleszto Európai Részvénytársaság
7D
-3.4%
1Y
10.8%
ALTEO
Ft4,180.00
ALTEO Energy Services
7D
-3.7%
1Y
-30.3%
MBHBANK
Ft2,990.00
MBH Bank Nyrt
7D
-1.0%
1Y
-54.7%
OPUS
Ft495.50
OPUS GLOBAL Nyrt
7D
-3.6%
1Y
-10.7%

Concerns Surrounding OPUS GLOBAL Nyrt's (BUSE:OPUS) Performance

Dec 22
Concerns Surrounding OPUS GLOBAL Nyrt's (BUSE:OPUS) Performance
PANNERGY
Ft1,900.00
PannErgy Nyrt
7D
0.8%
1Y
19.5%