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Serbian (BELEX) Industrials Sector Analysis

UpdatedMay 07, 2026
DataAggregated Company Financials
Companies16
  • 7D0.4%
  • 3M-12.1%
  • 1Y-5.6%
  • YTD-6.9%

The Industrials is pretty flat in the last 7 days, but MPP Jedinstvo a.d has stood out, gaining 14%. Unfortunately though, the industry is down 5.4% over the past 12 months.

Sector Valuation and Performance

Has the Serbian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 07 May 2026дин86.3bдин31.3bдин2.7b6.7x31.8x2.8x
Sat, 04 Apr 2026дин85.0bдин29.8bдин2.5b7x34.2x2.9x
Mon, 02 Mar 2026дин85.2bдин29.8bдин2.5b7x34.3x2.9x
Wed, 28 Jan 2026дин96.3bдин29.8bдин2.5b7.3x38.8x3.2x
Fri, 26 Dec 2025дин96.1bдин29.8bдин2.5b7.5x38.7x3.2x
Sun, 23 Nov 2025дин91.8bдин29.8bдин2.5b9.6x37x3.1x
Tue, 21 Oct 2025дин92.6bдин28.9bдин2.4b8.8x38.6x3.2x
Thu, 18 Sep 2025дин92.0bдин28.6bдин1.1b34.1x83.6x3.2x
Sat, 16 Aug 2025дин92.9bдин28.6bдин1.1b37.4x84.4x3.2x
Mon, 14 Jul 2025дин93.6bдин28.6bдин941.0m37.4x99.5x3.3x
Wed, 11 Jun 2025дин93.1bдин28.6bдин941.0m35.1x98.9x3.3x
Fri, 09 May 2025дин91.7bдин25.9bдин546.6m11.6x167.7x3.5x
Sun, 06 Apr 2025дин83.4bдин28.8bдин684.2m9.3x121.9x2.9x
Tue, 04 Mar 2025дин81.3bдин28.8bдин684.2m9.7x118.8x2.8x
Thu, 30 Jan 2025дин80.3bдин28.8bдин684.2m10.5x117.3x2.8x
Sat, 28 Dec 2024дин83.8bдин28.5bдин664.7m9.9x126x2.9x
Mon, 25 Nov 2024дин83.9bдин27.4bдин463.7m12.6x181x3.1x
Wed, 23 Oct 2024дин86.3bдин28.6bдин476.9m12.3x180.9x3x
Fri, 20 Sep 2024дин82.5bдин28.6bдин516.5m9.4x159.7x2.9x
Sun, 18 Aug 2024дин82.6bдин28.6bдин516.5m8.2x159.9x2.9x
Tue, 16 Jul 2024дин80.0bдин29.3bдин475.4m9.4x168.3x2.7x
Thu, 13 Jun 2024дин82.0bдин28.2bдин464.0m8.9x176.8x2.9x
Sat, 11 May 2024дин82.0bдин31.2bдин175.7m20.7x466.9x2.6x
Mon, 08 Apr 2024дин76.5bдин27.6bдин334.9m21.1x228.5x2.8x
Wed, 06 Mar 2024дин79.1bдин27.6bдин334.9m21.2x236.2x2.9x
Fri, 02 Feb 2024дин78.8bдин28.9bдин280.4m9.8x280.8x2.7x
Sun, 31 Dec 2023дин77.5bдин28.6bдин278.8m8.9x278.1x2.7x
Tue, 28 Nov 2023дин76.3bдин28.6bдин278.8m8.9x273.7x2.7x
Thu, 26 Oct 2023дин79.7bдин28.6bдин234.9m8x339.1x2.8x
Sat, 23 Sep 2023дин84.8bдин28.9bдин210.6m8x402.5x2.9x
Mon, 21 Aug 2023дин83.1bдин30.9bдин504.0m8.9x164.9x2.7x
Wed, 19 Jul 2023дин88.0bдин31.0bдин601.6m8.7x146.3x2.8x
Fri, 16 Jun 2023дин86.4bдин32.6bдин551.9m9.6x156.6x2.7x
Sun, 14 May 2023дин84.3bдин32.2bдин969.5m7.7x87x2.6x
Price to Earnings Ratio

87x


Total Market Cap: дин84.3bTotal Earnings: дин969.5mTotal Revenue: дин32.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Serbian Industrials Sector Price to Earnings3Y Average 153.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Serbian Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 34.6x which is lower than its 3-year average PE of 154x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 37% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.6% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Serbian Industrials sector?

RS Market0.32%
Industrials0.40%
Construction4.00%
Building0%0
Electrical0%0
Industrials0%0
Machinery0%0
Trade Distributors0%0
Commercial Services0%0
Professional Services0%0
Marine and Shipping0%0
Transportation0%0
Infrastructure0%0
Industry PE
  • Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 1kx.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
JESV MPP Jedinstvo a.dдин9.10k13.8%
+дин236.4m
25.9%PE7.8x
ENHL Energoprojekt Holding a.dдин550.001.9%
+дин108.3m
27.6%PE4.4x

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