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Jul 05
Romanian (BET) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies13
- 7D-2.3%
- 3M8.2%
- 1Y27.7%
- YTD24.8%
The Financials industry is up 1.1% in the last week, with BRD - Groupe Société Générale up 0.5%. This means that the industry has gained 32% over the past year. As for the next few years, earnings are expected to grow by 1.4% per annum.
Sector Valuation and Performance
Has the Romanian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | RON 46.5b | RON 13.5b | RON 5.8b | 8.3x | 8x | 3.4x |
| Sun, 23 Jun 2024 | RON 45.2b | RON 13.5b | RON 5.8b | 8.2x | 7.7x | 3.3x |
| Tue, 21 May 2024 | RON 43.8b | RON 13.5b | RON 5.8b | 7.8x | 7.5x | 3.2x |
| Thu, 18 Apr 2024 | RON 42.1b | RON 12.8b | RON 5.4b | 8.5x | 7.8x | 3.3x |
| Sat, 16 Mar 2024 | RON 40.3b | RON 12.7b | RON 5.4b | 9.4x | 7.4x | 3.2x |
| Mon, 12 Feb 2024 | RON 37.3b | RON 12.4b | RON 5.3b | 11.2x | 7x | 3x |
| Wed, 10 Jan 2024 | RON 36.6b | RON 12.2b | RON 5.2b | 10.9x | 7x | 3x |
| Fri, 08 Dec 2023 | RON 35.3b | RON 12.2b | RON 5.2b | 10.6x | 6.8x | 2.9x |
| Sun, 05 Nov 2023 | RON 34.5b | RON 11.6b | RON 4.8b | 11x | 7.2x | 3x |
| Tue, 03 Oct 2023 | RON 33.3b | RON 11.5b | RON 4.8b | 11.4x | 7x | 2.9x |
| Thu, 31 Aug 2023 | RON 41.5b | RON 13.9b | RON 6.9b | 7.7x | 6x | 3x |
| Sat, 29 Jul 2023 | RON 41.2b | RON 13.5b | RON 6.7b | 7.7x | 6.1x | 3.1x |
| Mon, 26 Jun 2023 | RON 37.1b | RON 13.5b | RON 6.7b | 7.8x | 5.5x | 2.8x |
| Wed, 24 May 2023 | RON 38.8b | RON 13.5b | RON 6.7b | 8.2x | 5.8x | 2.9x |
| Fri, 21 Apr 2023 | RON 38.8b | RON 13.6b | RON 7.0b | 7.9x | 5.5x | 2.8x |
| Sun, 19 Mar 2023 | RON 38.4b | RON 13.6b | RON 7.1b | 7.8x | 5.4x | 2.8x |
| Tue, 14 Feb 2023 | RON 40.7b | RON 15.6b | RON 9.3b | 7.2x | 4.4x | 2.6x |
| Thu, 12 Jan 2023 | RON 41.8b | RON 15.6b | RON 9.4b | 7.5x | 4.5x | 2.7x |
| Sat, 10 Dec 2022 | RON 41.7b | RON 15.6b | RON 9.3b | 8.5x | 4.5x | 2.7x |
| Mon, 07 Nov 2022 | RON 35.3b | RON 17.5b | RON 11.3b | 6.3x | 3.1x | 2x |
| Wed, 05 Oct 2022 | RON 35.4b | RON 17.5b | RON 11.3b | 6.3x | 3.1x | 2x |
| Fri, 02 Sep 2022 | RON 38.7b | RON 14.9b | RON 9.1b | 7x | 4.3x | 2.6x |
| Sun, 31 Jul 2022 | RON 39.0b | RON 14.5b | RON 8.8b | 7.2x | 4.4x | 2.7x |
| Tue, 28 Jun 2022 | RON 41.4b | RON 14.5b | RON 8.8b | 7.4x | 4.7x | 2.9x |
| Thu, 26 May 2022 | RON 41.4b | RON 14.5b | RON 8.9b | 7.2x | 4.6x | 2.9x |
| Sat, 23 Apr 2022 | RON 45.3b | RON 14.4b | RON 9.1b | 9.3x | 5x | 3.1x |
| Mon, 21 Mar 2022 | RON 45.8b | RON 14.6b | RON 9.1b | 9.4x | 5x | 3.1x |
| Wed, 16 Feb 2022 | RON 49.5b | RON 13.0b | RON 7.6b | 10.1x | 6.5x | 3.8x |
| Fri, 14 Jan 2022 | RON 47.3b | RON 12.9b | RON 7.6b | 10x | 6.2x | 3.7x |
| Sun, 12 Dec 2021 | RON 44.2b | RON 12.9b | RON 7.6b | 10.3x | 5.8x | 3.4x |
| Tue, 09 Nov 2021 | RON 45.2b | RON 11.2b | RON 6.1b | 10.5x | 7.4x | 4x |
| Thu, 07 Oct 2021 | RON 46.4b | RON 11.2b | RON 6.1b | 11.3x | 7.6x | 4.1x |
| Sat, 04 Sep 2021 | RON 46.4b | RON 11.0b | RON 5.9b | 10.9x | 7.9x | 4.2x |
| Mon, 02 Aug 2021 | RON 44.8b | RON 11.0b | RON 5.9b | 10.7x | 7.6x | 4.1x |
Price to Earnings Ratio
7.6x
Current Industry PE
- Investors are optimistic on the Romanian Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.1x which is higher than its 3-year average PE of 6.0x.
- The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Financials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.0% 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.
Industry Trends
Which industries have driven the changes within the Romanian Financials sector?
| RO Market | -1.43% | |
| Financials | -2.29% | |
| Insurance | 5.41% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Capital Markets | -1.12% | |
| Banks | -2.49% | |
Industry PE
- Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 12.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Capital Markets industry, which is trading close to its 3-year average of 4.9x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 1.4% over the next 5 years.
- In contrast, the Banks industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| BRD BRD - Groupe Société Générale | RON 22.30 | 1.4% +RON 209.1m | 57.9% | PB1.7x | |
| FP Fondul Proprietatea | RON 0.41 | 2.2% +RON 29.9m | -78.6% | PB0.6x | |
| TBK Transilvania Broker de Asigurare | RON 18.60 | 4.8% +RON 4.3m | -8.8% | PE22.8x | |
| PBK Patria Bank | RON 0.082 | 1.2% +RON 3.3m | -4.1% | PB0.7x |