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Romanian (BET) Market Analysis & Valuation

UpdatedSep 15, 2025
DataAggregated Company Financials
Companies255
  • 7D0.6%
  • 3M9.8%
  • 1Y14.9%
  • YTD16.2%

In the last week, the market has stayed flat, however the Communication Services sector stood out, gaining 7.9%. Meanwhile, the market is actually up 15% over the past year. Looking forward, earnings are forecast to grow by 5.8% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Sep 2025RON 279.5bRON 164.7bRON 23.3b15.3x12x1.7x
Wed, 13 Aug 2025RON 280.3bRON 162.4bRON 23.2b15.5x12.1x1.7x
Fri, 11 Jul 2025RON 256.2bRON 162.7bRON 23.3b14.8x11x1.6x
Sun, 08 Jun 2025RON 252.8bRON 162.8bRON 23.3b14.8x10.8x1.6x
Tue, 06 May 2025RON 230.2bRON 159.3bRON 24.3b14.8x9.5x1.4x
Thu, 03 Apr 2025RON 242.3bRON 162.3bRON 26.7b15.2x9.1x1.5x
Sat, 01 Mar 2025RON 243.9bRON 159.9bRON 24.7b13.2x9.9x1.5x
Mon, 27 Jan 2025RON 240.0bRON 162.0bRON 26.3b13.9x9.1x1.5x
Wed, 25 Dec 2024RON 237.9bRON 162.5bRON 26.2b12.9x9.1x1.5x
Fri, 22 Nov 2024RON 241.5bRON 162.4bRON 26.2b13.3x9.2x1.5x
Sun, 20 Oct 2024RON 243.9bRON 158.7bRON 24.4b14.4x10x1.5x
Tue, 17 Sep 2024RON 244.4bRON 158.1bRON 24.5b14.9x10x1.5x
Thu, 15 Aug 2024RON 251.0bRON 160.2bRON 25.8b15x9.7x1.6x
Sat, 13 Jul 2024RON 258.1bRON 159.4bRON 24.0b17x10.8x1.6x
Mon, 10 Jun 2024RON 251.1bRON 159.6bRON 24.0b15.8x10.5x1.6x
Wed, 08 May 2024RON 244.3bRON 857.8bRON 91.0b14.3x2.7x0.3x
Fri, 05 Apr 2024RON 236.3bRON 151.0bRON 23.3b15.3x10.1x1.6x
Sun, 03 Mar 2024RON 217.9bRON 150.6bRON 23.2b11.6x9.4x1.4x
Tue, 30 Jan 2024RON 208.1bRON 156.6bRON 23.4b11.1x8.9x1.3x
Thu, 28 Dec 2023RON 211.4bRON 156.0bRON 23.5b11.1x9x1.4x
Sat, 25 Nov 2023RON 202.8bRON 157.5bRON 23.8b10.6x8.5x1.3x
Mon, 23 Oct 2023RON 194.9bRON 166.9bRON 26.9b9.8x7.3x1.2x
Wed, 20 Sep 2023RON 198.9bRON 166.6bRON 26.8b9.9x7.4x1.2x
Fri, 18 Aug 2023RON 192.1bRON 166.0bRON 27.6b9.9x7x1.2x
Sun, 16 Jul 2023RON 196.4bRON 174.7bRON 32.2b9.5x6.1x1.1x
Tue, 13 Jun 2023RON 139.2bRON 165.4bRON 27.2b9.2x5.1x0.8x
Thu, 11 May 2023RON 138.3bRON 165.0bRON 26.9b9.4x5.1x0.8x
Sat, 08 Apr 2023RON 140.3bRON 167.0bRON 27.3b9.3x5.1x0.8x
Mon, 06 Mar 2023RON 143.1bRON 160.7bRON 25.3b10.2x5.7x0.9x
Wed, 01 Feb 2023RON 137.3bRON 152.2bRON 27.3b10x5x0.9x
Fri, 30 Dec 2022RON 131.4bRON 152.8bRON 27.3b9.2x4.8x0.9x
Sun, 27 Nov 2022RON 132.1bRON 153.3bRON 27.4b9.1x4.8x0.9x
Tue, 25 Oct 2022RON 122.2bRON 137.3bRON 24.0b9.4x5.1x0.9x
Thu, 22 Sep 2022RON 126.0bRON 129.2bRON 23.8b9.9x5.3x1x
Price to Earnings Ratio

5.3x


Total Market Cap: RON 126.0bTotal Earnings: RON 23.8bTotal Revenue: RON 129.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Romanian Market Price to Earnings3Y Average 8.2x202320242025
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 12.0x which is higher than its 3-year average PE of 8.2x.
Past Earnings Growth
  • The earnings for Romanian listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 8.4% 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 and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Romanian Market?

RO Market0.62%
Telecom7.90%
Tech1.68%
Utilities0.78%
Healthcare0.63%
Real Estate0.52%
Materials0.33%
Financials0.30%
Energy0.22%
Consumer Staples-0.004%
Industrials-1.09%
Consumer Discretionary-1.17%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 18.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.5% which is higher than its past year's earnings decline of 72.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 87% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 64% 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
DIGI Digi CommunicationsRON 90.208.3%
+RON 658.2m		33.8%PE4.9xTelecom
H2O S.P.E.E.H. HidroelectricaRON 123.500.9%
+RON 494.8m		2.9%PE18.4xUtilities
SNP OMV PetromRON 0.860.6%
+RON 342.7m		17.6%PE14.6xEnergy
CRC ChimcomplexRON 9.323.3%
+RON 91.0m		-27.5%PS2.2xMaterials
SNN S.N. NuclearelectricaRON 46.600.6%
+RON 90.5m		11.0%PE8.3xUtilities
See more

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DIGI
RON 90.10
Digi Communications
7D
8.2%
1Y
33.7%

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PPL
RON 6.45
S.C. Promateris
7D
-9.8%
1Y
-17.3%
H2O
RON 122.80
S.P.E.E.H. Hidroelectrica
7D
0.3%
1Y
2.3%

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SFG
RON 35.85
Sphera Franchise Group
7D
-3.6%
1Y
-9.0%

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Sep 03
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EL
RON 19.30
Societatea Energetica Electrica
7D
0.6%
1Y
34.0%
CRC
RON 9.20
Chimcomplex
7D
2.0%
1Y
-28.4%
GREEN
RON 13.54
Green Tech International
7D
-5.3%
1Y
n/a
TLV
RON 28.08
Banca Transilvania
7D
-0.2%
1Y
19.3%
TGN
RON 48.35
S.N.T.G.N. Transgaz
7D
0.3%
1Y
108.4%
TEL
RON 56.90
CNTEE Transelectrica
7D
0.5%
1Y
42.3%
ATB
RON 2.42
Antibiotice
7D
-1.2%
1Y
-21.9%
RRC
RON 0.068
Rompetrol Rafinare
7D
-4.5%
1Y
-8.5%
ALR
RON 1.58
Alro
7D
-2.5%
1Y
4.3%
BRD
RON 20.05
BRD - Groupe Société Générale
7D
1.2%
1Y
-1.0%
SIDG
RON 0.16
S.C. ArcelorMittal Hunedoara
7D
-11.2%
1Y
-16.8%

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Jul 30
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SNP
RON 0.86
OMV Petrom
7D
1.0%
1Y
18.0%