With EPS Growth And More, OTP Bank Nyrt (BUSE:OTP) Makes An Interesting Case
Jun 26
Hungarian (BUX) Market Analysis & Valuation
UpdatedJun 28, 2024
DataAggregated Company Financials
Companies53
- 7D1.0%
- 3M3.0%
- 1Y35.4%
- YTD8.6%
Over the last 7 days, the market has risen 1.0%, driven by gains of 1.4% in the Financials sector. As for the past 12 months, the market is up 35%. In the next few years earnings are forecast to be pretty stable.
Market Valuation and Performance
Has the Hungarian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 29 Jun 2024 | Ft13.7t | Ft15.5t | Ft2.0t | 11.8x | 6.7x | 0.9x |
| Mon, 27 May 2024 | Ft13.4t | Ft15.5t | Ft2.0t | 12x | 6.6x | 0.9x |
| Wed, 24 Apr 2024 | Ft13.4t | Ft15.7t | Ft2.0t | 12.1x | 6.6x | 0.9x |
| Fri, 22 Mar 2024 | Ft13.5t | Ft15.6t | Ft2.0t | 11.9x | 6.7x | 0.9x |
| Sun, 18 Feb 2024 | Ft13.3t | Ft15.5t | Ft1.9t | 12.5x | 7x | 0.9x |
| Tue, 16 Jan 2024 | Ft13.1t | Ft15.8t | Ft1.8t | 11.9x | 7.3x | 0.8x |
| Thu, 14 Dec 2023 | Ft12.1t | Ft15.7t | Ft1.8t | 10.9x | 6.8x | 0.8x |
| Sat, 11 Nov 2023 | Ft10.7t | Ft15.5t | Ft1.7t | 10.6x | 6.2x | 0.7x |
| Mon, 09 Oct 2023 | Ft10.4t | Ft16.0t | Ft1.7t | 10.8x | 6x | 0.7x |
| Wed, 06 Sep 2023 | Ft10.3t | Ft15.8t | Ft1.7t | 10.6x | 6.1x | 0.7x |
| Fri, 04 Aug 2023 | Ft12.5t | Ft15.6t | Ft1.6t | 9.1x | 7.9x | 0.8x |
| Sun, 02 Jul 2023 | Ft8.3t | Ft15.1t | Ft1.5t | 9.4x | 5.5x | 0.5x |
| Tue, 30 May 2023 | Ft7.9t | Ft14.9t | Ft1.5t | 9.9x | 5.3x | 0.5x |
| Thu, 27 Apr 2023 | Ft7.3t | Ft14.3t | Ft1.2t | 9.8x | 5.9x | 0.5x |
| Sat, 25 Mar 2023 | Ft7.1t | Ft14.3t | Ft1.2t | 9.1x | 5.7x | 0.5x |
| Mon, 20 Feb 2023 | Ft7.7t | Ft13.4t | Ft1.5t | 9x | 5.1x | 0.6x |
| Wed, 18 Jan 2023 | Ft8.0t | Ft13.4t | Ft1.5t | 8.3x | 5.3x | 0.6x |
| Fri, 16 Dec 2022 | Ft7.7t | Ft13.3t | Ft1.5t | 8.8x | 5.1x | 0.6x |
| Sun, 13 Nov 2022 | Ft7.5t | Ft13.2t | Ft1.5t | 9.9x | 5.2x | 0.6x |
| Tue, 11 Oct 2022 | Ft6.8t | Ft11.8t | Ft1.3t | 8.7x | 5.3x | 0.6x |
| Thu, 08 Sep 2022 | Ft7.1t | Ft11.7t | Ft1.3t | 10.8x | 5.5x | 0.6x |
| Sat, 06 Aug 2022 | Ft7.4t | Ft10.5t | Ft1.3t | 11.9x | 5.9x | 0.7x |
| Mon, 04 Jul 2022 | Ft7.0t | Ft10.4t | Ft1.2t | 14.6x | 5.8x | 0.7x |
| Wed, 01 Jun 2022 | Ft6.9t | Ft10.2t | Ft1.2t | 16x | 5.7x | 0.7x |
| Fri, 29 Apr 2022 | Ft7.7t | Ft9.3t | Ft1.2t | 12.1x | 6.3x | 0.8x |
| Sun, 27 Mar 2022 | Ft4.6t | Ft8.0t | Ft769.0b | 13x | 6x | 0.6x |
| Tue, 22 Feb 2022 | Ft9.0t | Ft9.2t | Ft1.1t | 13.4x | 7.9x | 1x |
| Thu, 20 Jan 2022 | Ft9.9t | Ft8.5t | Ft1.1t | 14.6x | 9.4x | 1.2x |
| Sat, 18 Dec 2021 | Ft9.5t | Ft8.5t | Ft1.0t | 16.1x | 9.2x | 1.1x |
| Mon, 15 Nov 2021 | Ft9.8t | Ft8.4t | Ft1.0t | 14x | 9.5x | 1.2x |
| Wed, 13 Oct 2021 | Ft9.9t | Ft7.8t | Ft924.7b | 14.5x | 10.7x | 1.3x |
| Fri, 10 Sep 2021 | Ft9.6t | Ft7.8t | Ft931.3b | 15.1x | 10.3x | 1.2x |
| Sun, 08 Aug 2021 | Ft9.0t | Ft7.8t | Ft932.6b | 14.9x | 9.6x | 1.2x |
Price to Earnings Ratio
9.1x
Current Market PE
- Investors are relatively neutral on the Hungarian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 6.9x.
Past Earnings Growth
- The earnings for Hungarian listed companies have grown 30% per year over the last three years.
- Revenues for these companies have grown 26% 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 | 1.01% | |
| Industrials | 2.03% | |
| Utilities | 2.00% | |
| Healthcare | 1.47% | |
| Financials | 1.39% | |
| Consumer Staples | 0.71% | |
| Real Estate | 0.62% | |
| Energy | 0.35% | |
| Materials | 0% | |
| Tech | -0.29% | |
| Telecom | -1.11% | |
| Consumer Discretionary | -3.38% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 14.3x.
- 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 Healthcare sector, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings decline of 4.7% per year.
- In contrast, the Financials sector is expected to see its earnings decline by 5.7% 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 | Sector | |
|---|---|---|---|---|---|---|
| OTP OTP Bank Nyrt | Ft18.33k | 3.9% +Ft190.8b | 51.1% | PB1.2x | Financials | |
| RICHTER Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt | Ft9.58k | 3.0% +Ft51.2b | 13.8% | PE9.3x | Healthcare | |
| MBHBANK MBH Bank Nyrt | Ft7.48k | 1.1% +Ft25.8b | n/a | PB2.4x | Financials | |
| MOL MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság | Ft2.88k | 1.0% +Ft17.7b | -3.7% | PE4x | Energy | |
| OPUS OPUS GLOBAL Nyrt | Ft433.50 | 2.0% +Ft5.5b | 170.6% | PE10.9x | Industrials |
