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Romanian (BET) Market Analysis & Valuation

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies259
  • 7D0.6%
  • 3M8.3%
  • 1Y22.9%
  • YTD25.4%

The market is up 1.1% over the last week, with the Financials sector leading the way, up 2.9%. As for the past 12 months, the market is up 23%. Earnings are forecast to grow by 5.2% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Nov 2025RON 299.4bRON 167.2bRON 23.5b15.2x12.7x1.8x
Thu, 09 Oct 2025RON 287.8bRON 165.3bRON 23.4b15.1x12.3x1.7x
Sat, 06 Sep 2025RON 279.2bRON 164.8bRON 23.3b16.5x12x1.7x
Mon, 04 Aug 2025RON 272.8bRON 162.7bRON 23.2b15.7x11.8x1.7x
Wed, 02 Jul 2025RON 253.8bRON 162.5bRON 23.3b15.2x10.9x1.6x
Fri, 30 May 2025RON 245.6bRON 163.5bRON 23.5b14.4x10.5x1.5x
Sun, 27 Apr 2025RON 240.0bRON 160.9bRON 26.0b14.5x9.2x1.5x
Tue, 25 Mar 2025RON 239.6bRON 162.5bRON 26.9b15.9x8.9x1.5x
Thu, 20 Feb 2025RON 245.1bRON 159.7bRON 24.8b13.3x9.9x1.5x
Sat, 18 Jan 2025RON 238.8bRON 162.5bRON 26.3b13x9.1x1.5x
Mon, 16 Dec 2024RON 243.5bRON 162.3bRON 26.2b13.5x9.3x1.5x
Wed, 13 Nov 2024RON 247.0bRON 159.0bRON 25.0b14.9x9.9x1.6x
Fri, 11 Oct 2024RON 246.6bRON 158.6bRON 24.4b14.5x10.1x1.6x
Sun, 08 Sep 2024RON 243.1bRON 158.4bRON 24.4b13.9x10x1.5x
Tue, 06 Aug 2024RON 246.2bRON 160.2bRON 25.7b15.9x9.6x1.5x
Thu, 04 Jul 2024RON 255.2bRON 159.6bRON 24.0b16.2x10.7x1.6x
Sat, 01 Jun 2024RON 246.9bRON 159.3bRON 24.0b15.4x10.3x1.5x
Mon, 29 Apr 2024RON 238.1bRON 153.5bRON 23.7b14.1x10.1x1.6x
Wed, 27 Mar 2024RON 230.7bRON 149.4bRON 23.4b14.2x9.8x1.5x
Fri, 23 Feb 2024RON 218.1bRON 150.8bRON 23.9b11.5x9.1x1.4x
Sun, 21 Jan 2024RON 214.9bRON 156.4bRON 23.4b11.3x9.2x1.4x
Tue, 19 Dec 2023RON 212.2bRON 157.5bRON 23.8b11x8.9x1.3x
Thu, 16 Nov 2023RON 201.1bRON 162.2bRON 24.1b10.4x8.3x1.2x
Sat, 14 Oct 2023RON 197.9bRON 167.1bRON 26.9b10x7.4x1.2x
Mon, 11 Sep 2023RON 192.1bRON 167.1bRON 27.0b9.3x7.1x1.1x
Wed, 09 Aug 2023RON 194.5bRON 169.2bRON 28.8b9.6x6.7x1.1x
Fri, 07 Jul 2023RON 143.5bRON 165.1bRON 27.3b9.3x5.3x0.9x
Sun, 04 Jun 2023RON 139.6bRON 165.5bRON 27.2b9x5.1x0.8x
Tue, 02 May 2023RON 138.8bRON 164.3bRON 27.0b9.8x5.1x0.8x
Thu, 30 Mar 2023RON 136.5bRON 163.9bRON 26.6b9.3x5.1x0.8x
Sat, 25 Feb 2023RON 141.5bRON 161.1bRON 27.0b10.3x5.2x0.9x
Mon, 23 Jan 2023RON 136.4bRON 152.2bRON 27.3b9.8x5x0.9x
Wed, 21 Dec 2022RON 136.9bRON 152.6bRON 27.3b9.3x5x0.9x
Fri, 18 Nov 2022RON 132.7bRON 148.2bRON 26.3b8.6x5.1x0.9x
Price to Earnings Ratio

5.1x


Total Market Cap: RON 132.7bTotal Earnings: RON 26.3bTotal Revenue: RON 148.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Romanian Market Price to Earnings3Y Average 8.6x202320242025
Current Market PE
  • Investors are optimistic on the Romanian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 12.8x which is higher than its 3-year average PE of 8.6x.
Past Earnings Growth
  • The earnings for Romanian listed companies have declined 3.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Romanian Market?

RO Market0.62%
Telecom4.40%
Consumer Discretionary2.97%
Financials2.78%
Tech0.51%
Industrials0.38%
Healthcare0.35%
Utilities0.19%
Real Estate0.14%
Materials0.10%
Energy-0.37%
Consumer Staples-0.87%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 81.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 30.5% which is higher than its past year's earnings decline of 66.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 90% over the next 5 years.
  • This is better than its past earnings decline of 24% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 79% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
TLV Banca TransilvaniaRON 29.224.0%
+RON 1.2b		20.0%PB1.9xFinancials
DIGI Digi CommunicationsRON 98.504.5%
+RON 400.7m		52.5%PE5.3xTelecom
EVER Evergent InvestmentsRON 2.7017.4%
+RON 355.5m		86.9%PE9.5xFinancials
PE Premier EnergyRON 22.405.9%
+RON 156.3m		13.1%PE8.6xUtilities
TEL CNTEE TranselectricaRON 78.001.7%
+RON 95.3m		95.0%PE10xUtilities
See more

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ONE
RON 26.15
One United Properties
7D
-0.9%
1Y
10.6%
EVER
RON 2.70
Evergent Investments
7D
17.4%
1Y
86.9%
TEL
RON 78.00
CNTEE Transelectrica
7D
1.7%
1Y
95.0%

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H2O
RON 120.50
S.P.E.E.H. Hidroelectrica
7D
-0.2%
1Y
-2.0%

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SNP
RON 0.94
OMV Petrom
7D
-0.8%
1Y
27.0%
EL
RON 24.20
Societatea Energetica Electrica
7D
-0.4%
1Y
82.5%

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TLV
RON 29.22
Banca Transilvania
7D
4.0%
1Y
20.0%
BRD
RON 21.20
BRD - Groupe Société Générale
7D
-2.1%
1Y
12.2%
FP
RON 0.46
Fondul Proprietatea
7D
-1.7%
1Y
45.8%
TRANSI
RON 0.53
Transilvania Investments Alliance
7D
8.7%
1Y
41.4%
DIGI
RON 98.50
Digi Communications
7D
4.5%
1Y
52.5%
TGN
RON 61.20
S.N.T.G.N. Transgaz
7D
-0.5%
1Y
153.9%
SFG
RON 40.25
Sphera Franchise Group
7D
6.3%
1Y
0.4%
PE
RON 22.40
Premier Energy
7D
5.9%
1Y
13.1%
AQ
RON 1.45
Aquila Part Prod Com
7D
-1.4%
1Y
4.3%
LION
RON 3.57
Lion Capital
7D
5.0%
1Y
25.3%

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