SNGN Romgaz SA's (BVB:SNG) Shares Lagging The Market But So Is The Business
Apr 18
Romanian (BET) Energy Sector Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies12
- 7D1.0%
- 3M15.0%
- 1Y36.1%
- YTD14.4%
Over the last 7 days, the Energy industry has remained flat. The past year has been better, since the industry has gained 34% in that time. Looking forward, earnings are forecast to grow by 5.4% annually.
Sector Valuation and Performance
Has the Romanian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | RON66.8b | RON66.2b | RON5.7b | 10.6x | 11.7x | 1x |
| Sun, 24 Mar 2024 | RON67.1b | RON65.8b | RON5.7b | 12.7x | 11.8x | 1x |
| Tue, 20 Feb 2024 | RON61.2b | RON67.7b | RON6.2b | 12.6x | 9.8x | 0.9x |
| Thu, 18 Jan 2024 | RON58.7b | RON73.8b | RON5.9b | 12.6x | 10x | 0.8x |
| Sat, 16 Dec 2023 | RON59.5b | RON73.7b | RON5.9b | 12.1x | 10.1x | 0.8x |
| Mon, 13 Nov 2023 | RON55.2b | RON77.9b | RON6.2b | 11.7x | 8.8x | 0.7x |
| Wed, 11 Oct 2023 | RON55.0b | RON83.6b | RON9.2b | 11.5x | 6x | 0.7x |
| Fri, 08 Sep 2023 | RON54.0b | RON83.4b | RON9.2b | 11.2x | 5.9x | 0.6x |
| Sun, 06 Aug 2023 | RON52.0b | RON86.0b | RON10.3b | 8.3x | 5.1x | 0.6x |
| Tue, 04 Jul 2023 | RON52.1b | RON92.5b | RON13.7b | 8.6x | 3.8x | 0.6x |
| Thu, 01 Jun 2023 | RON52.8b | RON95.8b | RON14.0b | 10.3x | 3.8x | 0.6x |
| Sat, 29 Apr 2023 | RON52.5b | RON97.0b | RON13.7b | 10.5x | 3.8x | 0.5x |
| Mon, 27 Mar 2023 | RON52.1b | RON97.6b | RON13.7b | 6.6x | 3.8x | 0.5x |
| Wed, 22 Feb 2023 | RON53.7b | RON95.8b | RON13.9b | 10.3x | 3.9x | 0.6x |
| Fri, 20 Jan 2023 | RON48.9b | RON87.2b | RON13.9b | 9.8x | 3.5x | 0.6x |
| Sun, 18 Dec 2022 | RON49.8b | RON87.6b | RON13.9b | 9.5x | 3.6x | 0.6x |
| Tue, 15 Nov 2022 | RON49.6b | RON81.7b | RON13.0b | 8.3x | 3.8x | 0.6x |
| Thu, 13 Oct 2022 | RON44.1b | RON72.3b | RON9.2b | 7.9x | 4.8x | 0.6x |
| Sat, 10 Sep 2022 | RON48.6b | RON71.5b | RON9.2b | 6.4x | 5.3x | 0.7x |
| Mon, 08 Aug 2022 | RON53.6b | RON65.8b | RON7.8b | 8x | 6.8x | 0.8x |
| Wed, 06 Jul 2022 | RON50.4b | RON58.5b | RON5.4b | 8.5x | 9.4x | 0.9x |
| Fri, 03 Jun 2022 | RON49.2b | RON57.8b | RON5.4b | 8.5x | 9.1x | 0.9x |
| Sun, 01 May 2022 | RON51.6b | RON48.8b | RON4.1b | 15.2x | 12.5x | 1.1x |
| Tue, 29 Mar 2022 | RON48.0b | RON48.2b | RON4.1b | 14.8x | 11.6x | 1x |
| Thu, 24 Feb 2022 | RON47.1b | RON44.9b | RON4.0b | 14.7x | 11.8x | 1x |
| Sat, 22 Jan 2022 | RON46.7b | RON41.5b | RON3.3b | 12.3x | 14.2x | 1.1x |
| Mon, 20 Dec 2021 | RON47.7b | RON41.6b | RON3.3b | 12.6x | 14.5x | 1.1x |
| Wed, 17 Nov 2021 | RON47.5b | RON41.3b | RON3.3b | 15.6x | 14.3x | 1.1x |
| Fri, 15 Oct 2021 | RON46.8b | RON39.0b | RON2.3b | 18.5x | 20.1x | 1.2x |
| Sun, 12 Sep 2021 | RON44.9b | RON38.6b | RON2.3b | 18.4x | 19.2x | 1.2x |
| Tue, 10 Aug 2021 | RON42.2b | RON38.6b | RON2.3b | 17.3x | 18.1x | 1.1x |
| Mon, 03 May 2021 | RON44.4b | RON35.2b | RON2.0b | 19.1x | 22.2x | 1.3x |
Price to Earnings Ratio
22.2x
Current Industry PE
- Investors are optimistic on the Romanian Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.7x which is higher than its 3-year average PE of 9.9x.
- The 3-year average PS ratio of 0.85x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 42% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Romanian Energy sector?
| RO Market | 0.43% | |
| Energy | 1.04% | |
| Oil and Gas | 1.06% | |
| Energy Services | -0.53% | |
Industry PE
- Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 357x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.9x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 5.4% over the next 5 years.
- This is better than its past earnings growth rate of 4.1% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 5.4% 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 | |
|---|---|---|---|---|---|
| SNP OMV Petrom | RON0.69 | 1.0% +RON405.0m | 40.8% | PE10.6x | |
| SNG SNGN Romgaz | RON52.70 | 1.7% +RON346.9m | 35.8% | PE7.2x | |
| ARAX Armax Gaz | RON2.16 | 13.1% +RON1.5m | n/a | PE4.5x |