Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Romanian (BET) Market Analysis & Valuation

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies258
  • 7D-0.8%
  • 3M10.0%
  • 1Y26.4%
  • YTD27.0%

The market has stayed flat over the 7 days. Meanwhile, the market is actually up 27% over the past year. Earnings are forecast to grow by 8.5% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Nov 2025RON 304.9bRON 166.9bRON 21.8b14.7x14x1.8x
Sun, 19 Oct 2025RON 289.3bRON 165.2bRON 23.4b15.5x12.4x1.8x
Tue, 16 Sep 2025RON 279.2bRON 164.8bRON 23.4b15x12x1.7x
Thu, 14 Aug 2025RON 284.3bRON 162.4bRON 23.2b15.6x12.3x1.8x
Sat, 12 Jul 2025RON 256.2bRON 162.7bRON 23.3b14.8x11x1.6x
Mon, 09 Jun 2025RON 252.8bRON 162.8bRON 23.3b14.8x10.8x1.6x
Wed, 07 May 2025RON 229.1bRON 160.0bRON 24.4b14.2x9.4x1.4x
Fri, 04 Apr 2025RON 239.5bRON 162.0bRON 26.7b15x9x1.5x
Sun, 02 Mar 2025RON 241.3bRON 160.0bRON 24.7b13.2x9.8x1.5x
Tue, 28 Jan 2025RON 240.0bRON 162.0bRON 26.3b13.4x9.1x1.5x
Thu, 26 Dec 2024RON 237.9bRON 162.3bRON 26.2b12.9x9.1x1.5x
Sat, 23 Nov 2024RON 239.8bRON 162.5bRON 26.2b14.1x9.2x1.5x
Mon, 21 Oct 2024RON 243.9bRON 158.7bRON 24.4b14.4x10x1.5x
Wed, 18 Sep 2024RON 244.5bRON 158.1bRON 24.4b14.8x10x1.5x
Fri, 16 Aug 2024RON 251.0bRON 159.1bRON 24.9b15x10.1x1.6x
Sun, 14 Jul 2024RON 258.1bRON 159.4bRON 24.0b17.4x10.8x1.6x
Tue, 11 Jun 2024RON 251.0bRON 159.6bRON 24.0b15.6x10.5x1.6x
Thu, 09 May 2024RON 243.4bRON 857.8bRON 91.0b14.1x2.7x0.3x
Sat, 06 Apr 2024RON 237.4bRON 151.0bRON 23.3b15.1x10.2x1.6x
Mon, 04 Mar 2024RON 217.9bRON 150.6bRON 23.2b11.6x9.4x1.4x
Wed, 31 Jan 2024RON 210.2bRON 156.5bRON 23.4b11.1x9x1.3x
Fri, 29 Dec 2023RON 210.8bRON 156.0bRON 23.5b10.9x9x1.4x
Sun, 26 Nov 2023RON 202.8bRON 157.4bRON 23.8b10.6x8.5x1.3x
Tue, 24 Oct 2023RON 195.3bRON 166.7bRON 26.9b10.2x7.3x1.2x
Thu, 21 Sep 2023RON 200.6bRON 166.6bRON 26.8b10x7.5x1.2x
Sat, 19 Aug 2023RON 190.8bRON 166.6bRON 27.7b10.1x6.9x1.1x
Mon, 17 Jul 2023RON 196.4bRON 174.7bRON 32.2b9.5x6.1x1.1x
Wed, 14 Jun 2023RON 138.0bRON 165.3bRON 27.2b9.1x5.1x0.8x
Fri, 12 May 2023RON 138.2bRON 165.1bRON 26.9b9.7x5.1x0.8x
Sun, 09 Apr 2023RON 140.3bRON 167.1bRON 27.3b9.3x5.1x0.8x
Tue, 07 Mar 2023RON 144.3bRON 161.1bRON 25.5b10.1x5.7x0.9x
Thu, 02 Feb 2023RON 137.5bRON 152.0bRON 27.3b9.9x5x0.9x
Sat, 31 Dec 2022RON 131.4bRON 152.6bRON 27.3b9.2x4.8x0.9x
Mon, 28 Nov 2022RON 132.1bRON 153.3bRON 27.4b9.1x4.8x0.9x
Price to Earnings Ratio

4.8x


Total Market Cap: RON 132.1bTotal Earnings: RON 27.4bTotal Revenue: RON 153.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Romanian Market Price to Earnings3Y Average 8.7x202320242025
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 14.0x which is higher than its 3-year average PE of 8.7x.
Past Earnings Growth
  • The earnings for Romanian listed companies have declined 7.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% 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 Market-0.78%
Energy-0.42%
Financials-0.46%
Real Estate-0.60%
Tech-0.78%
Utilities-0.86%
Consumer Staples-1.02%
Materials-1.23%
Consumer Discretionary-1.44%
Telecom-1.73%
Industrials-2.21%
Healthcare-3.59%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 88.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 30.7% 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 102% over the next 5 years.
  • This is better than its past earnings decline of 24% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 2.7% 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
LION Lion CapitalRON 4.007.8%
+RON 146.7m		45.5%PE8.6xFinancials
TGN S.N.T.G.N. TransgazRON 64.301.1%
+RON 131.9m		171.3%PE13.2xUtilities
RRC Rompetrol RafinareRON 0.0725.3%
+RON 95.6m		3.8%PS0.1xEnergy
EVER Evergent InvestmentsRON 2.853.6%
+RON 88.9m		96.6%PE10xFinancials
BBGA AlumRON 2.5047.1%
+RON 65.7m		n/aPE56.4xMaterials
See more

Market Insights

Header cover image
🇬🇧 London’s IPO Drought and the Hunt for the UK’s Real Winners
Richard Bowman avatar
Richard Bowman
|
|
This week, we will unpack the FTSE 100 vs FTSE 250 divide, the industries driving returns, and why the UK is increasingly a stock-picker’s market heading into 2026.
Continue reading
💸 The Return of Share Buybacks in Tech
Last Week

💸 The Return of Share Buybacks in Tech

Latest News

EL
RON 24.10
Societatea Energetica Electrica
7D
-3.2%
1Y
86.5%

We Think Societatea Energetica Electrica (BVB:EL) Is Taking Some Risk With Its Debt

Nov 21
We Think Societatea Energetica Electrica (BVB:EL) Is Taking Some Risk With Its Debt
TEL
RON 70.50
CNTEE Transelectrica
7D
-11.8%
1Y
70.7%
PBK
RON 0.12
Patria Bank
7D
8.0%
1Y
48.8%
TGN
RON 64.30
S.N.T.G.N. Transgaz
7D
1.1%
1Y
171.3%
H2O
RON 120.60
S.P.E.E.H. Hidroelectrica
7D
0.08%
1Y
-0.2%
M
RON 8.51
Med Life
7D
-3.4%
1Y
37.7%
SNP
RON 0.95
OMV Petrom
7D
-0.7%
1Y
29.5%

SNP: Upcoming Dividend Payout Will Struggle to Justify Current Share Price

Analysts have raised their price target for OMV Petrom from €0.80 to €0.82. They cite improved revenue growth and profit margin outlooks, despite a marginally higher discount rate.
TLV
RON 30.26
Banca Transilvania
7D
-1.1%
1Y
26.5%
EVER
RON 2.85
Evergent Investments
7D
3.6%
1Y
96.6%
BBGA
RON 2.50
Alum
7D
47.1%
1Y
n/a
ATB
RON 2.44
Antibiotice
7D
-4.9%
1Y
-26.4%
DIGI
RON 98.80
Digi Communications
7D
-2.0%
1Y
49.7%
BRD
RON 21.95
BRD - Groupe Société Générale
7D
-0.7%
1Y
15.5%
INFINITY
RON 3.71
Infinity Capital Investments
7D
4.5%
1Y
51.4%
RRC
RON 0.072
Rompetrol Rafinare
7D
5.3%
1Y
3.8%
LION
RON 4.00
Lion Capital
7D
7.8%
1Y
45.5%

The Market Doesn't Like What It Sees From Lion Capital S.A.'s (BVB:LION) Earnings Yet

Mar 29
The Market Doesn't Like What It Sees From Lion Capital S.A.'s (BVB:LION) Earnings Yet