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Hungarian (BUX) Market Analysis & Valuation

UpdatedJul 06, 2026
DataAggregated Company Financials
Companies55
  • 7D2.2%
  • 3M13.5%
  • 1Y32.9%
  • YTD17.8%

The market is up 2.2% over the last week, with the Financials sector leading the way, up 2.3%. The market is up 33% over the last 12 months. Earnings are forecast to grow by 6.8% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Jul 2026Ft22.5tFt16.5tFt2.0t11x11.4x1.4x
Wed, 03 Jun 2026Ft21.3tFt16.5tFt2.0t10.7x10.8x1.3x
Fri, 01 May 2026Ft21.1tFt16.5tFt2.1t11.4x9.9x1.3x
Sun, 29 Mar 2026Ft19.1tFt16.5tFt2.1t9x8.9x1.2x
Tue, 24 Feb 2026Ft20.4tFt16.6tFt2.0t9.7x10x1.2x
Thu, 22 Jan 2026Ft19.8tFt16.6tFt2.1t9.2x9.7x1.2x
Sat, 20 Dec 2025Ft18.5tFt16.6tFt2.1t9.2x9x1.1x
Mon, 17 Nov 2025Ft18.7tFt16.6tFt2.0t11x9.3x1.1x
Wed, 15 Oct 2025Ft17.8tFt16.7tFt2.0t11.2x8.9x1.1x
Fri, 12 Sep 2025Ft17.9tFt16.8tFt2.0t10.6x8.9x1.1x
Sun, 10 Aug 2025Ft18.1tFt16.8tFt2.0t11.5x8.9x1.1x
Tue, 08 Jul 2025Ft17.1tFt16.8tFt2.1t11.3x8.1x1x
Thu, 05 Jun 2025Ft16.5tFt16.8tFt2.1t11.1x7.8x1x
Sat, 03 May 2025Ft16.7tFt16.5tFt2.1t11.2x7.9x1x
Mon, 31 Mar 2025Ft16.8tFt16.5tFt2.1t11.3x8x1x
Wed, 26 Feb 2025Ft16.2tFt15.9tFt1.9t10.5x8.5x1x
Fri, 24 Jan 2025Ft18.4tFt15.9tFt2.0t10x9.2x1.2x
Sun, 22 Dec 2024Ft14.6tFt16.0tFt2.0t9x7.3x0.9x
Tue, 19 Nov 2024Ft14.9tFt16.0tFt2.0t9x7.4x0.9x
Thu, 17 Oct 2024Ft14.3tFt16.0tFt2.1t8.9x6.9x0.9x
Sat, 14 Sep 2024Ft13.9tFt16.0tFt2.1t11.2x6.8x0.9x
Mon, 12 Aug 2024Ft13.5tFt15.9tFt2.1t11.3x6.5x0.8x
Wed, 10 Jul 2024Ft13.4tFt15.5tFt2.0t11.4x6.6x0.9x
Fri, 07 Jun 2024Ft13.4tFt15.5tFt2.0t11.2x6.6x0.9x
Sun, 05 May 2024Ft13.7tFt15.5tFt2.0t12.4x6.8x0.9x
Tue, 02 Apr 2024Ft13.3tFt15.6tFt2.0t12.3x6.6x0.9x
Thu, 29 Feb 2024Ft13.4tFt15.5tFt1.9t11.4x7x0.9x
Sat, 27 Jan 2024Ft13.1tFt15.8tFt1.8t12.3x7.3x0.8x
Mon, 25 Dec 2023Ft12.5tFt15.8tFt1.8t11.1x7x0.8x
Wed, 22 Nov 2023Ft11.0tFt15.6tFt1.7t10.8x6.3x0.7x
Fri, 20 Oct 2023Ft10.5tFt16.0tFt1.7t10.6x6x0.7x
Sun, 17 Sep 2023Ft10.7tFt15.9tFt1.7t10.2x6.2x0.7x
Tue, 15 Aug 2023Ft11.3tFt15.7tFt1.7t9.7x6.7x0.7x
Thu, 13 Jul 2023Ft8.4tFt15.1tFt1.5t9.3x5.6x0.6x
Price to Earnings Ratio

5.6x


Total Market Cap: Ft8.4tTotal Earnings: Ft1.5tTotal Revenue: Ft15.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hungarian Market Price to Earnings3Y Average 7.9x202420252026
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 11.4x which is higher than its 3-year average PE of 7.9x.
Past Earnings Growth
  • The earnings for Hungarian listed companies have grown 9.8% per year over the last three years.
  • Revenues for these companies have grown 2.9% 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 Market2.24%
Energy6.37%
Utilities4.44%
Materials3.21%
Financials2.33%
Real Estate2.03%
Healthcare0.96%
Industrials0.89%
Consumer Staples0.43%
Tech0.42%
Telecom-0.30%
Consumer Discretionary-1.72%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 14.4x.
    • 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 9.8% over the next 5 years.
  • This is better than its past earnings decline of 57% 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 NyrtFt46.92k3.1%
+Ft371.8b		67.5%PB2.1xFinancials
MOL MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo RészvénytársaságFt3.91k6.4%
+Ft149.1b		31.1%PE13.5xEnergy
RICHTER Gedeon RichterFt12.19k1.0%
+Ft21.9b		21.4%PE9.7xHealthcare
MTELEKOM Magyar Telekom Távközlési Nyilvánosan Müködö RészvénytársaságFt2.67k0.9%
+Ft21.3b		49.8%PE11.1xTelecom
4IG 4iG NyrtFt1.83k1.2%
+Ft6.1b		0.7%PS0.7xTech
See more

Market Insights

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Markets are supposed to reprice risk when it changes. This time they've repriced the promise, but left the threat largely untouched. Whether that's an oversight or a fair call is worth thinking through.
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