Return Trends At Gosa Fom a.d (BELEX:GFOM) Aren't Appealing
Jan 21
Have your own idea? Try our Stock Screener
Serbian (BELEX) Market Analysis & Valuation
UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies41
- 7D0.9%
- 3M-4.6%
- 1Y7.6%
- YTD-3.0%
The Materials sector gained 6.4% while the market remained flat over the last week. More promisingly, the market is up 7.6% over the past year. Looking forward, earnings are forecast to grow by 17% annually.
Market Valuation and Performance
Has the Serbian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Feb 2025 | дин299.3b | дин527.7b | дин20.2b | 8.2x | 14.8x | 0.6x |
| Wed, 15 Jan 2025 | дин356.2b | дин564.6b | дин37.0b | 8.3x | 9.6x | 0.6x |
| Fri, 13 Dec 2024 | дин364.0b | дин557.9b | дин36.8b | 8.4x | 9.9x | 0.7x |
| Sun, 10 Nov 2024 | дин372.2b | дин558.3b | дин36.6b | 7.8x | 10.2x | 0.7x |
| Tue, 08 Oct 2024 | дин364.8b | дин574.5b | дин52.3b | 7.5x | 7x | 0.6x |
| Thu, 05 Sep 2024 | дин360.1b | дин572.8b | дин50.9b | 7.5x | 7.1x | 0.6x |
| Sat, 03 Aug 2024 | дин340.2b | дин570.4b | дин50.7b | 7.5x | 6.7x | 0.6x |
| Mon, 01 Jul 2024 | дин333.8b | дин566.4b | дин50.1b | 7.4x | 6.7x | 0.6x |
| Wed, 29 May 2024 | дин762.7b | дин541.8b | дин44.2b | 7.5x | 17.3x | 1.4x |
| Fri, 26 Apr 2024 | дин767.1b | дин545.7b | дин52.7b | 9.5x | 14.5x | 1.4x |
| Sun, 24 Mar 2024 | дин330.8b | дин575.7b | дин59.2b | 9x | 5.6x | 0.6x |
| Tue, 20 Feb 2024 | дин318.5b | дин569.0b | дин59.1b | 7.8x | 5.4x | 0.6x |
| Thu, 18 Jan 2024 | дин419.8b | дин635.2b | дин75.5b | 9.8x | 5.6x | 0.7x |
| Sat, 16 Dec 2023 | дин420.0b | дин635.2b | дин75.5b | 10.2x | 5.6x | 0.7x |
| Mon, 13 Nov 2023 | дин411.3b | дин635.2b | дин75.5b | 9.8x | 5.4x | 0.6x |
| Wed, 11 Oct 2023 | дин419.5b | дин630.8b | дин82.9b | 8.9x | 5.1x | 0.7x |
| Fri, 08 Sep 2023 | дин408.7b | дин627.2b | дин82.0b | 10.3x | 5x | 0.7x |
| Sun, 06 Aug 2023 | дин400.8b | дин626.9b | дин82.0b | 9.2x | 4.9x | 0.6x |
| Tue, 04 Jul 2023 | дин407.1b | дин677.1b | дин109.2b | 11.1x | 3.7x | 0.6x |
| Thu, 01 Jun 2023 | дин427.6b | дин677.5b | дин109.2b | 11.3x | 3.9x | 0.6x |
| Sat, 29 Apr 2023 | дин420.2b | дин628.9b | дин103.2b | 8.4x | 4.1x | 0.7x |
| Mon, 27 Mar 2023 | дин413.1b | дин628.8b | дин103.2b | 9x | 4x | 0.7x |
| Wed, 22 Feb 2023 | дин405.4b | дин628.5b | дин87.9b | 8.8x | 4.6x | 0.6x |
| Fri, 20 Jan 2023 | дин388.2b | дин627.3b | дин87.9b | 9.3x | 4.4x | 0.6x |
| Sun, 18 Dec 2022 | дин332.1b | дин648.0b | дин90.8b | 6.9x | 3.7x | 0.5x |
| Tue, 15 Nov 2022 | дин329.4b | дин580.3b | дин72.2b | 7.6x | 4.6x | 0.6x |
| Thu, 13 Oct 2022 | дин327.6b | дин584.8b | дин72.1b | 8.5x | 4.5x | 0.6x |
| Sat, 10 Sep 2022 | дин329.4b | дин582.9b | дин73.0b | 7.8x | 4.5x | 0.6x |
| Mon, 08 Aug 2022 | дин326.1b | дин583.3b | дин73.0b | 6.7x | 4.5x | 0.6x |
| Wed, 06 Jul 2022 | дин321.6b | дин510.9b | дин50.2b | 5.8x | 6.4x | 0.6x |
| Fri, 03 Jun 2022 | дин318.1b | дин513.8b | дин47.5b | 9.8x | 6.7x | 0.6x |
| Sun, 01 May 2022 | дин292.1b | дин460.6b | дин34.4b | 10.1x | 8.5x | 0.6x |
| Tue, 29 Mar 2022 | дин303.1b | дин448.4b | дин34.6b | 11.4x | 8.8x | 0.7x |
| Thu, 24 Feb 2022 | дин307.2b | дин449.6b | дин34.6b | 9.4x | 8.9x | 0.7x |
Price to Earnings Ratio
8.9x
Current Market PE
- Investors are optimistic on the Serbian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 14.8x which is higher than its 3-year average PE of 6.8x.
Past Earnings Growth
- The earnings for Serbian listed companies have declined 17% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.5% 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 Serbian Market?
| RS Market | 0.92% | |
| Materials | 6.41% | |
| Financials | 0.63% | |
| Industrials | 0.12% | |
| Energy | 0% | 0 |
| Real Estate | 0% | 0 |
| Consumer Staples | 0% | 0 |
| Healthcare | 0% | 0 |
| Telecom | 0% | 0 |
| Utilities | 0% | 0 |
| Information Technology | 0% | 0 |
| Financials | 0% | 0 |
| Health Care | 0% | 0 |
| Industrials | 0% | 0 |
| Consumer Discretionary | -0.98% | |
| Tech | -5.03% | |
Sector PE
- Investors favour the Industrials sector the most for future growth even though it's trading below its 3-year average PE ratio of 156x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Consumer Discretionary sector is the least preferred by investors for future growth, which is trading below its 3-year average of 6.8x.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 76% per year.
- In contrast, the Energy sector is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|---|
| TGAS Messer Tehnogas AD | дин34.00k | 7.9% +дин2.6b | 55.5% | PE7.7x | Materials | |
| GFOM Gosa Fom a.d | дин1.80k | 5.9% +дин136.8m | n/a | PE11.9x | Industrials | |
| DNOS Kompanija Dunav Osiguranje a.d.o | дин1.38k | 0.7% +дин136.7m | 53.8% | PE8.4x | Financials | |
| IRTL Iritel a.d | дин1.50k | 17.0% +дин63.2m | n/a | n/a | Tech | |
| INFM Informatika a.d | дин5.25k | 5.0% +дин40.6m | n/a | n/a | Tech |