An Intrinsic Calculation For SNGN Romgaz SA (BVB:SNG) Suggests It's 35% Undervalued
How far off is SNGN Romgaz SA ( BVB:SNG ) from its intrinsic value? Using the most recent financial data, we'll take a...
Romanian (BET) Market Analysis & Valuation
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies79
- 7D-0.1%
- 3M-7.4%
- 1Y5.2%
- YTD-8.1%
In the last week, the market has stayed flat, however the Materials sector stood out, gaining 4.6%. More promisingly, the market is up 5.2% over the past year. Earnings are forecast to grow by 3.9% annually.
Trending IndustriesOil and Gas
Market Valuation and Performance
Has the Romanian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | RON135.3b | RON113.9b | RON17.3b | 12.3x |
| Wed, 20 Apr 2022 | RON146.3b | RON102.9b | RON16.2b | 12.4x |
| Fri, 18 Mar 2022 | RON139.4b | RON102.8b | RON16.2b | 11.4x |
| Sun, 13 Feb 2022 | RON146.9b | RON95.1b | RON14.6b | 13x |
| Tue, 11 Jan 2022 | RON142.4b | RON89.7b | RON13.3b | 13.4x |
| Thu, 09 Dec 2021 | RON134.0b | RON87.8b | RON13.2b | 13.2x |
| Sat, 06 Nov 2021 | RON138.0b | RON84.0b | RON11.8b | 13.6x |
| Mon, 04 Oct 2021 | RON133.3b | RON81.5b | RON10.8b | 14.1x |
| Wed, 01 Sep 2021 | RON128.6b | RON80.9b | RON10.6b | 14.3x |
| Thu, 08 Jul 2021 | RON120.5b | RON80.9b | RON10.6b | 13.7x |
| Wed, 31 Mar 2021 | RON114.9b | RON75.7b | RON10.3b | 12x |
| Sat, 02 Jan 2021 | RON91.4b | RON72.3b | RON6.7b | 12.7x |
| Tue, 06 Oct 2020 | RON90.4b | RON70.7b | RON7.2b | 11.2x |
| Fri, 10 Jul 2020 | RON88.5b | RON75.2b | RON8.4b | 12.3x |
| Thu, 02 Apr 2020 | RON79.0b | RON82.7b | RON9.9b | 9.7x |
| Sun, 05 Jan 2020 | RON108.9b | RON90.6b | RON13.7b | 12.1x |
| Wed, 09 Oct 2019 | RON104.0b | RON88.4b | RON13.1b | 9x |
| Tue, 02 Jul 2019 | RON95.5b | RON86.6b | RON13.5b | 9.6x |
Median PE Ratio
9.9x
Current Market PE
- Investors are relatively neutral on the 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 11.9x.
Past Earnings Growth
- The earnings for Romanian listed companies have grown 13% per year over the last three years.
- Revenues for these companies have grown 11% 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 Romanian Market?
| RO Market | -0.11% | |
| Materials | 4.64% | |
| Real Estate | 2.09% | |
| Energy | 1.89% | |
| Tech | 0.35% | |
| Consumer Staples | 0.087% | |
| Utilities | 0.066% | |
| Telecom | -0.50% | |
| Healthcare | -2.14% | |
| Financials | -2.90% | |
| Industrials | -4.09% | |
| Consumer Discretionary | -7.18% | |
Sector PE
- Investors are most optimistic about the Utilities sector which is trading above its 3-year average PE ratio of 23.7x.
- This is likely because analysts are expecting annual earnings growth of 25% which is higher than its past year's earnings decline of 27% per year.
- Investors are most pessimistic about the Financials sector, which is trading below its 3-year average of 11.9x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings growth rate of 6.9% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 9.5% 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 | Sector | |
|---|---|---|---|---|---|---|
| SNG SNGN Romgaz | RON44.80 | 3.6% +RON597.4m | 36.4% | PS7.1x | Energy | |
| CRC S.C. Chimcomplex | RON19.00 | 8.0% +RON426.9m | n/a | PS12.5x | Materials | |
| SNP OMV Petrom | RON0.45 | 1.4% +RON339.9m | 3.8% | PS6.3x | Energy | |
| TLV Banca Transilvania | RON2.32 | 0.7% +RON94.4m | -4.6% | PB1.6x | Financials | |
| TGN S.N.T.G.N. Transgaz | RON241.50 | 3.2% +RON88.3m | -16.0% | PS16x | Energy |
