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Hungarian (BUX) Market Analysis & Valuation

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies50
  • 7D3.0%
  • 3M10.9%
  • 1Y27.1%
  • YTD4.6%

The market has climbed by 3.0% over the past week, with every sector up and the Energy sector leading the way. The market is up 27% over the last 12 months. Looking forward, earnings are forecast to grow by 5.1% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 Jan 2026Ft19.8tFt16.6tFt2.1t9.3x9.6x1.2x
Sun, 14 Dec 2025Ft18.9tFt16.6tFt2.0t9.9x9.2x1.1x
Tue, 11 Nov 2025Ft18.9tFt16.6tFt2.0t11.9x9.4x1.1x
Thu, 09 Oct 2025Ft17.7tFt16.7tFt2.0t11.3x8.8x1.1x
Sat, 06 Sep 2025Ft18.0tFt16.8tFt2.0t10.7x8.9x1.1x
Mon, 04 Aug 2025Ft17.4tFt16.8tFt2.1t11.5x8.3x1x
Wed, 02 Jul 2025Ft16.6tFt16.8tFt2.1t11.3x7.9x1x
Fri, 30 May 2025Ft16.7tFt16.8tFt2.1t11.2x8x1x
Sun, 27 Apr 2025Ft16.7tFt16.5tFt2.1t11.3x7.9x1x
Tue, 25 Mar 2025Ft16.7tFt16.5tFt2.1t10.9x7.9x1x
Thu, 20 Feb 2025Ft16.5tFt16.0tFt2.0t10.4x8.1x1x
Sat, 18 Jan 2025Ft18.5tFt15.9tFt2.0t9.8x9.3x1.2x
Mon, 16 Dec 2024Ft14.9tFt16.0tFt2.0t8.9x7.4x0.9x
Wed, 13 Nov 2024Ft14.6tFt16.0tFt2.0t9.1x7.2x0.9x
Fri, 11 Oct 2024Ft14.1tFt16.0tFt2.1t9x6.8x0.9x
Sun, 08 Sep 2024Ft13.6tFt16.0tFt2.1t10.8x6.6x0.9x
Tue, 06 Aug 2024Ft13.2tFt15.5tFt2.0t11x6.4x0.9x
Thu, 04 Jul 2024Ft13.7tFt15.5tFt2.0t11.6x6.7x0.9x
Sat, 01 Jun 2024Ft13.3tFt15.5tFt2.0t11.3x6.5x0.9x
Mon, 29 Apr 2024Ft13.5tFt15.5tFt2.0t12.1x6.7x0.9x
Wed, 27 Mar 2024Ft13.3tFt15.6tFt2.0t12.3x6.6x0.8x
Fri, 23 Feb 2024Ft13.5tFt15.5tFt1.9t12.2x7x0.9x
Sun, 21 Jan 2024Ft13.2tFt15.8tFt1.8t12.2x7.4x0.8x
Tue, 19 Dec 2023Ft12.4tFt15.8tFt1.8t11.1x7x0.8x
Thu, 16 Nov 2023Ft10.8tFt15.6tFt1.7t10.7x6.2x0.7x
Sat, 14 Oct 2023Ft10.5tFt16.0tFt1.7t10.6x6x0.7x
Mon, 11 Sep 2023Ft10.5tFt15.9tFt1.7t9.8x6x0.7x
Wed, 09 Aug 2023Ft11.3tFt15.6tFt1.5t9.2x7.4x0.7x
Fri, 07 Jul 2023Ft8.1tFt15.1tFt1.5t9x5.4x0.5x
Sun, 04 Jun 2023Ft7.9tFt15.0tFt1.5t9.1x5.3x0.5x
Tue, 02 May 2023Ft7.5tFt14.3tFt1.2t9.5x6.1x0.5x
Thu, 30 Mar 2023Ft7.1tFt14.3tFt1.3t9.2x5.7x0.5x
Sat, 25 Feb 2023Ft7.6tFt14.1tFt1.3t8.8x5.7x0.5x
Mon, 23 Jan 2023Ft8.0tFt13.4tFt1.5t8.4x5.3x0.6x
Price to Earnings Ratio

5.3x


Total Market Cap: Ft8.0tTotal Earnings: Ft1.5tTotal Revenue: Ft13.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Hungarian Market Price to Earnings3Y Average 7.2x202420252026
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 9.6x which is higher than its 3-year average PE of 7.2x.
Past Earnings Growth
  • The earnings for Hungarian listed companies have grown 11% per year over the last three years.
  • Revenues for these companies have grown 7.5% 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 Market2.96%
Energy12.28%
Materials10.98%
Utilities3.33%
Telecom3.17%
Consumer Discretionary3.01%
Industrials2.91%
Financials1.88%
Tech1.85%
Real Estate1.34%
Healthcare0.68%
Consumer Staples0.33%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 10.5x.
    • 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 8.6% over the next 5 years.
  • This is better than its past earnings decline of 43% 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 NyrtFt37.75k2.6%
+Ft254.2b
62.7%PB1.9xFinancials
MOL MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo RészvénytársaságFt3.49k12.3%
+Ft243.4b
21.3%PE8xEnergy
MTELEKOM Magyar Telekom Távközlési Nyilvánosan Müködö RészvénytársaságFt1.90k3.3%
+Ft53.1b
40.3%PE8.3xTelecom
4IG 4iG NyrtFt4.32k1.9%
+Ft23.5b
312.2%PS1.7xTech
RICHTER Gedeon RichterFt10.35k0.7%
+Ft12.8b
-4.4%PE8.3xHealthcare
See more

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