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Serbian (BELEX) Industrials Sector Analysis
UpdatedDec 19, 2025
DataAggregated Company Financials
Companies13
- 7D0.2%
- 3M6.4%
- 1Y18.0%
- YTD17.7%
The Industrials is pretty flat in the last 7 days, but Energoprojekt Holding a.d has stood out, gaining 3.3%. The past year has been better, since the industry has gained 18% in that time.
Sector Valuation and Performance
Has the Serbian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Dec 2025 | дин96.7b | дин29.0b | дин2.4b | 9.7x | 39.7x | 3.3x |
| Sun, 16 Nov 2025 | дин94.1b | дин29.8b | дин2.5b | 9.7x | 37.9x | 3.2x |
| Tue, 14 Oct 2025 | дин93.1b | дин28.1b | дин1.1b | 25.5x | 86.9x | 3.3x |
| Thu, 11 Sep 2025 | дин92.2b | дин28.6b | дин1.1b | 37.4x | 83.8x | 3.2x |
| Sat, 09 Aug 2025 | дин93.6b | дин28.6b | дин1.1b | 37.4x | 85.1x | 3.3x |
| Mon, 07 Jul 2025 | дин93.4b | дин28.6b | дин941.0m | 37.4x | 99.2x | 3.3x |
| Wed, 04 Jun 2025 | дин92.2b | дин24.7b | дин714.1m | 35.1x | 129.1x | 3.7x |
| Fri, 02 May 2025 | дин91.4b | дин29.0b | дин725.5m | 7.3x | 125.9x | 3.1x |
| Sun, 30 Mar 2025 | дин80.7b | дин28.8b | дин684.2m | 9.3x | 118x | 2.8x |
| Tue, 25 Feb 2025 | дин81.4b | дин28.8b | дин684.2m | 9.7x | 119x | 2.8x |
| Thu, 23 Jan 2025 | дин84.6b | дин28.8b | дин684.2m | 10.5x | 123.6x | 2.9x |
| Sat, 21 Dec 2024 | дин83.6b | дин27.3b | дин651.5m | 11.2x | 128.4x | 3.1x |
| Mon, 18 Nov 2024 | дин84.2b | дин28.6b | дин476.9m | 11.9x | 176.4x | 2.9x |
| Wed, 16 Oct 2024 | дин86.5b | дин28.6b | дин476.9m | 12.3x | 181.3x | 3x |
| Fri, 13 Sep 2024 | дин82.7b | дин28.6b | дин516.5m | 8.8x | 160.1x | 2.9x |
| Sun, 11 Aug 2024 | дин80.1b | дин28.6b | дин516.5m | 8.1x | 155x | 2.8x |
| Tue, 09 Jul 2024 | дин80.7b | дин29.3b | дин475.4m | 9.9x | 169.8x | 2.8x |
| Thu, 06 Jun 2024 | дин82.2b | дин28.2b | дин464.0m | 8.6x | 177.2x | 2.9x |
| Sat, 04 May 2024 | дин81.8b | дин27.6b | дин334.9m | 21.4x | 244.4x | 3x |
| Mon, 01 Apr 2024 | дин76.4b | дин27.6b | дин334.9m | 21.1x | 228.1x | 2.8x |
| Wed, 28 Feb 2024 | дин78.6b | дин27.6b | дин334.9m | 21.2x | 234.8x | 2.9x |
| Fri, 26 Jan 2024 | дин78.7b | дин28.9b | дин280.4m | 9.8x | 280.5x | 2.7x |
| Sun, 24 Dec 2023 | дин77.8b | дин28.6b | дин278.8m | 9.1x | 279.2x | 2.7x |
| Tue, 21 Nov 2023 | дин79.1b | дин28.6b | дин278.8m | 8.9x | 283.6x | 2.8x |
| Thu, 19 Oct 2023 | дин79.3b | дин28.6b | дин234.9m | 8x | 337.8x | 2.8x |
| Sat, 16 Sep 2023 | дин87.0b | дин28.8b | дин213.2m | 8x | 408.3x | 3x |
| Mon, 14 Aug 2023 | дин86.6b | дин30.9b | дин504.0m | 8.9x | 171.8x | 2.8x |
| Wed, 12 Jul 2023 | дин87.6b | дин32.6b | дин589.3m | 9.6x | 148.6x | 2.7x |
| Fri, 09 Jun 2023 | дин86.1b | дин33.0b | дин551.9m | 9.6x | 155.9x | 2.6x |
| Sun, 07 May 2023 | дин83.6b | дин32.2b | дин969.5m | 7.8x | 86.2x | 2.6x |
| Tue, 04 Apr 2023 | дин82.4b | дин32.0b | дин834.8m | 6.1x | 98.8x | 2.6x |
| Thu, 02 Mar 2023 | дин80.6b | дин32.0b | дин834.8m | 5.9x | 96.5x | 2.5x |
| Sat, 28 Jan 2023 | дин75.7b | дин30.9b | дин771.9m | 7.6x | 98.1x | 2.5x |
| Mon, 26 Dec 2022 | дин67.5b | дин30.8b | дин778.2m | 7x | 86.8x | 2.2x |
Price to Earnings Ratio
86.8x
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 39.7x 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 Market | 0.12% | |
| Industrials | 0.15% | |
| Construction | 1.80% | |
| Building | 0% | 0 |
| Electrical | 0% | 0 |
| Industrials | 0% | 0 |
| Trade Distributors | 0% | 0 |
| Commercial Services | 0% | 0 |
| Professional Services | 0% | 0 |
| Marine and Shipping | 0% | 0 |
| Transportation | 0% | 0 |
| Infrastructure | 0% | 0 |
| Machinery | -1.05% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ENHL Energoprojekt Holding a.d | дин500.00 | 3.3% +дин173.3m | 33.3% | PE4x |