Hungarian (BUX) Financials Sector Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies10
- 7D1.2%
- 3M6.8%
- 1Y68.0%
- YTD9.7%
The Financials industry is up 1.6% in the last week, with OTP Bank Nyrt up 1.3%. Meanwhile, STRT Holding Nyrt actually underperformed within the industry, shrinking 7.5% in the last week. This takes the industry's 12 month performance to a gain of 65%. Looking forward, earnings are forecast to decline by 4.5% per year.
Sector Valuation and Performance
Has the Hungarian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | Ft7.9t | Ft2.8t | Ft1.2t | 7.2x | 6.6x | 2.8x |
| Fri, 05 Apr 2024 | Ft7.5t | Ft3.0t | Ft1.2t | 8.7x | 6.3x | 2.5x |
| Sun, 03 Mar 2024 | Ft7.5t | Ft2.9t | Ft1.2t | 8.6x | 6.4x | 2.6x |
| Tue, 30 Jan 2024 | Ft7.4t | Ft3.3t | Ft1.2t | 7.3x | 6.2x | 2.2x |
| Thu, 28 Dec 2023 | Ft7.2t | Ft3.3t | Ft1.2t | 6.7x | 6.1x | 2.2x |
| Sat, 25 Nov 2023 | Ft7.1t | Ft3.2t | Ft1.1t | 7x | 6.3x | 2.2x |
| Mon, 23 Oct 2023 | Ft5.3t | Ft3.3t | Ft1.0t | 6.3x | 5.1x | 1.6x |
| Wed, 20 Sep 2023 | Ft5.6t | Ft3.2t | Ft1.0t | 4.7x | 5.4x | 1.7x |
| Fri, 18 Aug 2023 | Ft6.0t | Ft3.2t | Ft971.8b | 4.5x | 6.1x | 1.9x |
| Sun, 16 Jul 2023 | Ft3.6t | Ft2.1t | Ft578.0b | 4.9x | 6.2x | 1.7x |
| Tue, 13 Jun 2023 | Ft3.5t | Ft2.1t | Ft578.0b | 4.8x | 6x | 1.6x |
| Thu, 11 May 2023 | Ft3.2t | Ft1.7t | Ft344.7b | 8x | 9.1x | 1.8x |
| Sat, 08 Apr 2023 | Ft3.0t | Ft1.7t | Ft344.7b | 7.8x | 8.7x | 1.7x |
| Mon, 06 Mar 2023 | Ft3.1t | Ft1.7t | Ft352.4b | 7.9x | 8.8x | 1.8x |
| Wed, 01 Feb 2023 | Ft3.2t | Ft1.7t | Ft349.6b | 8.8x | 9.1x | 1.9x |
| Fri, 30 Dec 2022 | Ft3.0t | Ft1.7t | Ft350.0b | 10.7x | 8.5x | 1.8x |
| Sun, 27 Nov 2022 | Ft3.1t | Ft1.7t | Ft350.0b | 11.3x | 9x | 1.9x |
| Tue, 25 Oct 2022 | Ft2.6t | Ft1.6t | Ft290.9b | 10.6x | 9x | 1.7x |
| Thu, 22 Sep 2022 | Ft2.5t | Ft1.6t | Ft290.9b | 10.7x | 8.4x | 1.6x |
| Sat, 20 Aug 2022 | Ft2.7t | Ft1.5t | Ft289.2b | 11.9x | 9.3x | 1.8x |
| Mon, 18 Jul 2022 | Ft2.4t | Ft1.5t | Ft332.0b | 17.4x | 7.2x | 1.6x |
| Wed, 15 Jun 2022 | Ft2.5t | Ft1.5t | Ft332.0b | 18.4x | 7.5x | 1.7x |
| Fri, 13 May 2022 | Ft3.0t | Ft1.5t | Ft332.4b | 17.1x | 9x | 2x |
| Sun, 10 Apr 2022 | Ft3.2t | Ft1.5t | Ft460.2b | 17.7x | 6.9x | 2.1x |
| Tue, 08 Mar 2022 | Ft2.9t | Ft1.5t | Ft460.2b | 18.1x | 6.3x | 2x |
| Thu, 03 Feb 2022 | Ft5.2t | Ft1.4t | Ft401.8b | 23.9x | 13x | 3.8x |
| Sat, 01 Jan 2022 | Ft4.8t | Ft1.4t | Ft401.8b | 23.8x | 11.9x | 3.5x |
| Mon, 29 Nov 2021 | Ft5.0t | Ft1.4t | Ft401.3b | 28.7x | 12.3x | 3.6x |
| Wed, 27 Oct 2021 | Ft5.5t | Ft1.3t | Ft393.4b | 17.9x | 14.1x | 4.1x |
| Fri, 24 Sep 2021 | Ft5.2t | Ft1.3t | Ft393.8b | 12.7x | 13.1x | 3.9x |
| Sun, 22 Aug 2021 | Ft5.1t | Ft1.4t | Ft401.1b | 10.6x | 12.7x | 3.7x |
| Fri, 09 Jul 2021 | Ft4.5t | Ft1.4t | Ft401.1b | 10x | 11.3x | 3.3x |
Price to Earnings Ratio
12.3x
Current Industry PE
- Investors are pessimistic on the Hungarian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.5x which is lower than its 3-year average PE of 8.8x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 49% per year over the last three years.
- Revenues for these companies have grown 30% 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 Hungarian Financials sector?
| HU Market | 0.74% | |
| Financials | 1.22% | |
| Capital Markets | 2.65% | |
| Insurance | 1.61% | |
| Banks | 1.22% | |
| Diversified Financial | 0.68% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
Industry PE
- Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Capital Markets industry, which is trading below its 3-year average of 16.6x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 4.5% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 162% per year.
- In contrast, the Banks industry is expected to see its earnings decline by 4.5% 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 | |
|---|---|---|---|---|---|
| OTP OTP Bank Nyrt | Ft18.60k | 2.2% +Ft111.8b | 67.9% | PB1.3x | |
| BET Budapesti Értéktozsde Nyilvánosan Muködo Részvénytársaság | Ft4.00k | 5.3% +Ft1.1b | n/a | n/a | |
| MBHJB MBH Jelzálogbank Nyilvánosan Muködo Részvénytársaság | Ft886.00 | 0.7% +Ft904.4m | 114.0% | n/a | |
| CIGPANNONIA CIG Pannónia Életbiztosító Nyrt | Ft379.00 | 1.6% +Ft563.7m | 35.4% | PE12.4x | |
| OXOTECH OXO Technologies Holding Nyilvánosan Muködo Reszvenytarsasag | €7.00 | 4.5% +€595.7k | -12.5% | n/a |