Estimating The Fair Value Of S.P.E.E.H. Hidroelectrica S.A. (BVB:H2O)
Jul 03
Romanian (BET) Market Analysis & Valuation
UpdatedJul 04, 2024
DataAggregated Company Financials
Companies261
- 7D0.5%
- 3M4.8%
- 1Y30.3%
- YTD13.7%
The market has stayed flat over the 7 days. More promisingly, the market is up 30% over the past year. Looking forward, earnings are forecast to grow by 1.5% 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 | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 05 Jul 2024 | RON 255.2b | RON 159.6b | RON 24.0b | 16.2x | 10.7x | 1.6x |
| Sun, 02 Jun 2024 | RON 246.9b | RON 159.4b | RON 24.0b | 15.4x | 10.3x | 1.5x |
| Tue, 30 Apr 2024 | RON 242.1b | RON 153.5b | RON 23.7b | 13.9x | 10.2x | 1.6x |
| Thu, 28 Mar 2024 | RON 231.9b | RON 149.5b | RON 23.5b | 14.3x | 9.9x | 1.6x |
| Sat, 24 Feb 2024 | RON 217.0b | RON 150.8b | RON 23.9b | 11.5x | 9.1x | 1.4x |
| Mon, 22 Jan 2024 | RON 214.9b | RON 156.4b | RON 23.4b | 11.3x | 9.2x | 1.4x |
| Wed, 20 Dec 2023 | RON 213.7b | RON 157.4b | RON 23.8b | 11x | 9x | 1.4x |
| Fri, 17 Nov 2023 | RON 201.1b | RON 161.0b | RON 24.2b | 10.5x | 8.3x | 1.2x |
| Sun, 15 Oct 2023 | RON 197.9b | RON 167.0b | RON 26.9b | 10x | 7.4x | 1.2x |
| Tue, 12 Sep 2023 | RON 193.7b | RON 167.0b | RON 27.0b | 9.5x | 7.2x | 1.2x |
| Thu, 10 Aug 2023 | RON 193.9b | RON 169.2b | RON 28.8b | 9.6x | 6.7x | 1.1x |
| Sat, 08 Jul 2023 | RON 190.7b | RON 175.3b | RON 32.2b | 9.6x | 5.9x | 1.1x |
| Mon, 05 Jun 2023 | RON 139.6b | RON 165.5b | RON 27.2b | 9.1x | 5.1x | 0.8x |
| Wed, 03 May 2023 | RON 139.3b | RON 165.1b | RON 27.0b | 9.8x | 5.2x | 0.8x |
| Fri, 31 Mar 2023 | RON 136.3b | RON 163.7b | RON 26.7b | 9.3x | 5.1x | 0.8x |
| Sun, 26 Feb 2023 | RON 141.5b | RON 161.1b | RON 27.0b | 10.3x | 5.2x | 0.9x |
| Tue, 24 Jan 2023 | RON 137.4b | RON 152.2b | RON 27.3b | 9.8x | 5x | 0.9x |
| Thu, 22 Dec 2022 | RON 137.3b | RON 152.5b | RON 27.3b | 9.3x | 5x | 0.9x |
| Sat, 19 Nov 2022 | RON 132.1b | RON 148.4b | RON 26.1b | 8.7x | 5.1x | 0.9x |
| Mon, 17 Oct 2022 | RON 120.7b | RON 137.5b | RON 23.9b | 9.3x | 5x | 0.9x |
| Wed, 14 Sep 2022 | RON 132.3b | RON 136.1b | RON 23.8b | 9.8x | 5.5x | 1x |
| Fri, 12 Aug 2022 | RON 140.5b | RON 123.2b | RON 17.7b | 10.3x | 7.9x | 1.1x |
| Sun, 10 Jul 2022 | RON 136.0b | RON 116.1b | RON 15.2b | 10.6x | 9x | 1.2x |
| Tue, 07 Jun 2022 | RON 138.8b | RON 115.3b | RON 15.2b | 10.4x | 9.1x | 1.2x |
| Thu, 05 May 2022 | RON 140.7b | RON 108.8b | RON 17.2b | 12.3x | 8.2x | 1.3x |
| Sat, 02 Apr 2022 | RON 143.2b | RON 102.8b | RON 16.2b | 12.3x | 8.8x | 1.4x |
| Mon, 28 Feb 2022 | RON 141.6b | RON 96.9b | RON 14.3b | 12.4x | 9.9x | 1.5x |
| Wed, 26 Jan 2022 | RON 139.8b | RON 91.9b | RON 13.8b | 12.6x | 10.1x | 1.5x |
| Fri, 24 Dec 2021 | RON 136.2b | RON 87.9b | RON 13.2b | 12.9x | 10.3x | 1.6x |
| Sun, 21 Nov 2021 | RON 134.0b | RON 86.3b | RON 12.0b | 12.9x | 11.2x | 1.6x |
| Tue, 19 Oct 2021 | RON 134.3b | RON 82.2b | RON 11.1b | 14x | 12.1x | 1.6x |
| Thu, 16 Sep 2021 | RON 128.3b | RON 80.9b | RON 10.6b | 13.9x | 12.2x | 1.6x |
| Sat, 14 Aug 2021 | RON 126.4b | RON 80.9b | RON 10.6b | 14.1x | 12x | 1.6x |
Price to Earnings Ratio
11.6x
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 10.7x which is higher than its 3-year average PE of 8.1x.
Past Earnings Growth
- The earnings for Romanian listed companies have grown 31% per year over the last three years.
- Revenues for these companies have grown 25% 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 | 0.46% | |
| Utilities | 1.69% | |
| Real Estate | 1.13% | |
| Energy | 0.67% | |
| Tech | 0.46% | |
| Consumer Discretionary | 0.41% | |
| Materials | 0.41% | |
| Healthcare | 0.21% | |
| Telecom | 0.032% | |
| Consumer Staples | -0.033% | |
| Industrials | -0.46% | |
| Financials | -1.79% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 11.9x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Telecom sector is expected to see its earnings decline by 6.0% 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 | |
|---|---|---|---|---|---|---|
| H2O S.P.E.E.H. Hidroelectrica | RON 127.50 | 2.9% +RON 1.6b | n/a | PE9.6x | Utilities | |
| SNP OMV Petrom | RON 0.78 | 2.9% +RON 1.4b | 45.7% | PE12.2x | Energy | |
| TLV Banca Transilvania | RON 32.65 | 3.5% +RON 876.4m | 71.4% | PB1.8x | Financials | |
| TEL CNTEE Transelectrica | RON 44.40 | 7.4% +RON 223.6m | 74.1% | PE15x | Utilities | |
| BRD BRD - Groupe Société Générale | RON 20.95 | 1.5% +RON 209.1m | 59.0% | PB1.6x | Financials |
