Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Serbian (BELEX) Industrials Sector Analysis

UpdatedDec 12, 2025
DataAggregated Company Financials
Companies14
  • 7D1.8%
  • 3M6.1%
  • 1Y18.0%
  • YTD17.5%

Over the last 7 days, the Industrials industry has risen 1.8%, driven by gains from Aerodrom Nikola Tesla a.d of 2.2%. This means that the industry has gained 18% over the past year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Dec 2025дин96.9bдин29.0bдин2.4b11.3x39.8x3.3x
Sun, 09 Nov 2025дин92.3bдин29.9bдин2.5b9.7x37.2x3.1x
Tue, 07 Oct 2025дин93.3bдин28.5bдин1.1b25.7x85.9x3.3x
Thu, 04 Sep 2025дин93.1bдин28.6bдин1.1b37.4x84.6x3.3x
Sat, 02 Aug 2025дин94.0bдин28.6bдин941.0m37.4x99.9x3.3x
Mon, 30 Jun 2025дин92.4bдин28.6bдин941.0m35.7x98.2x3.2x
Wed, 28 May 2025дин92.4bдин24.7bдин714.1m35.1x129.4x3.7x
Fri, 25 Apr 2025дин90.9bдин28.5bдин664.7m7.6x136.7x3.2x
Sun, 23 Mar 2025дин81.3bдин28.8bдин684.2m9.3x118.9x2.8x
Tue, 18 Feb 2025дин81.9bдин28.8bдин684.2m10x119.8x2.8x
Thu, 16 Jan 2025дин84.1bдин28.5bдин664.7m9.9x126.5x2.9x
Sat, 14 Dec 2024дин83.3bдин28.2bдин641.2m11.3x130x3x
Mon, 11 Nov 2024дин84.0bдин28.6bдин476.9m11.6x176.2x2.9x
Wed, 09 Oct 2024дин86.2bдин28.6bдин476.9m12.3x180.7x3x
Fri, 06 Sep 2024дин82.2bдин28.6bдин516.5m8.5x159.2x2.9x
Sun, 04 Aug 2024дин80.2bдин28.6bдин516.5m8.9x155.2x2.8x
Tue, 02 Jul 2024дин80.5bдин29.3bдин475.4m9.9x169.4x2.8x
Thu, 30 May 2024дин82.2bдин28.2bдин464.0m9.1x177.2x2.9x
Sat, 27 Apr 2024дин82.1bдин27.6bдин334.9m21.2x245.1x3x
Mon, 25 Mar 2024дин76.7bдин27.6bдин334.9m21.2x229.2x2.8x
Wed, 21 Feb 2024дин77.1bдин27.6bдин334.9m20.8x230.3x2.8x
Fri, 19 Jan 2024дин77.7bдин28.9bдин280.4m9.8x277x2.7x
Sun, 17 Dec 2023дин77.8bдин28.6bдин278.8m9.1x278.9x2.7x
Tue, 14 Nov 2023дин76.0bдин28.6bдин278.8m8.9x272.7x2.7x
Thu, 12 Oct 2023дин81.9bдин28.6bдин234.9m8x348.7x2.9x
Sat, 09 Sep 2023дин85.4bдин28.8bдин213.2m8x400.4x3x
Mon, 07 Aug 2023дин88.5bдин31.0bдин504.0m9x175.6x2.9x
Wed, 05 Jul 2023дин87.6bдин32.6bдин589.3m9.6x148.7x2.7x
Fri, 02 Jun 2023дин86.1bдин33.0bдин555.8m8.2x154.9x2.6x
Sun, 30 Apr 2023дин83.6bдин32.2bдин969.5m7.8x86.3x2.6x
Tue, 28 Mar 2023дин82.8bдин32.0bдин834.8m6.1x99.2x2.6x
Thu, 23 Feb 2023дин79.6bдин32.0bдин834.8m5.9x95.4x2.5x
Sat, 21 Jan 2023дин72.4bдин30.8bдин778.2m7.6x93x2.4x
Mon, 19 Dec 2022дин67.4bдин30.8bдин778.2m6.9x86.6x2.2x
Price to Earnings Ratio

86.6x


Total Market Cap: дин67.4bTotal Earnings: дин778.2mTotal Revenue: дин30.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Serbian Industrials Sector Price to Earnings3Y Average 161.2x202320242025
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 39.8x which is lower than its 3-year average PE of 161x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 46% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

RS Market0.79%
Industrials1.80%
Infrastructure2.17%
Building0%0
Electrical0%0
Industrials0%0
Trade Distributors0%0
Commercial Services0%0
Professional Services0%0
Marine and Shipping0%0
Transportation-0.016%
Construction-0.29%
Machinery-0.37%
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
AERO Aerodrom Nikola Tesla a.dдин2.35k2.2%
+дин1.7b		18.1%PE127.9x
GFOM Gosa Fom a.dдин1.80k0.06%
+дин1.4m		-6.1%PE5.9x

Latest News

PPTA
дин350.00
PPT Armature a.d
7D
-5.4%
1Y
n/a
GFOM
дин1,800.00
Gosa Fom a.d
7D
0.06%
1Y
-6.1%

Cautious Investors Not Rewarding Gosa Fom a.d.'s (BELEX:GFOM) Performance Completely

Aug 07
Cautious Investors Not Rewarding Gosa Fom a.d.'s (BELEX:GFOM) Performance Completely
AERO
дин2,350.00
Aerodrom Nikola Tesla a.d
7D
2.2%
1Y
18.1%

The Strong Earnings Posted By Aerodrom Nikola Tesla a.d (BELEX:AERO) Are A Good Indication Of The Strength Of The Business

Aug 06
The Strong Earnings Posted By Aerodrom Nikola Tesla a.d (BELEX:AERO) Are A Good Indication Of The Strength Of The Business
ENHL
дин484.00
Energoprojekt Holding a.d
7D
-0.4%
1Y
28.4%
TRBG
дин3,300.00
Termika-Beograd a.d
7D
-2.9%
1Y
n/a