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Serbian (BELEX) Industrials Sector Analysis

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies17
  • 7D0.1%
  • 3M-0.2%
  • 1Y11.1%
  • YTD11.1%

The Industrials is pretty flat in the last 7 days, but Energoprojekt Holding a.d has stood out, gaining 4.8%. The past year has been better, since the industry has gained 11% in that time.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Nov 2025дин92.1bдин29.8bдин2.5b9.6x37.1x3.1x
Sun, 19 Oct 2025дин92.6bдин28.9bдин2.4b8.8x38.6x3.2x
Tue, 16 Sep 2025дин92.1bдин28.6bдин1.1b37.4x83.7x3.2x
Thu, 14 Aug 2025дин92.7bдин28.6bдин1.1b37.4x84.3x3.2x
Sat, 12 Jul 2025дин93.4bдин28.6bдин941.0m37.4x99.2x3.3x
Mon, 09 Jun 2025дин92.9bдин24.7bдин714.1m35.1x130.1x3.8x
Wed, 07 May 2025дин91.4bдин28.9bдин708.8m8.7x128.9x3.2x
Fri, 04 Apr 2025дин80.9bдин28.8bдин684.2m9.3x118.3x2.8x
Sun, 02 Mar 2025дин81.4bдин28.8bдин684.2m9.7x119x2.8x
Tue, 28 Jan 2025дин83.7bдин28.8bдин684.2m10.5x122.4x2.9x
Thu, 26 Dec 2024дин83.7bдин28.5bдин664.7m9.9x126x2.9x
Sat, 23 Nov 2024дин83.9bдин27.4bдин463.7m12.6x181x3.1x
Mon, 21 Oct 2024дин86.5bдин28.6bдин476.9m12.3x181.3x3x
Wed, 18 Sep 2024дин82.3bдин28.6bдин516.5m8.8x159.4x2.9x
Fri, 16 Aug 2024дин82.5bдин28.6bдин516.5m8.2x159.8x2.9x
Sun, 14 Jul 2024дин80.0bдин29.3bдин475.4m9.4x168.3x2.7x
Tue, 11 Jun 2024дин82.2bдин28.2bдин464.0m8.6x177.1x2.9x
Thu, 09 May 2024дин82.0bдин31.9bдин452.4m20.7x181.3x2.6x
Sat, 06 Apr 2024дин76.5bдин27.6bдин334.9m21.1x228.5x2.8x
Mon, 04 Mar 2024дин78.9bдин27.6bдин334.9m21.2x235.5x2.9x
Wed, 31 Jan 2024дин78.8bдин28.9bдин280.4m9.8x281.1x2.7x
Fri, 29 Dec 2023дин77.5bдин28.6bдин278.8m8.9x278.1x2.7x
Sun, 26 Nov 2023дин77.0bдин28.6bдин278.8m8.9x276.1x2.7x
Tue, 24 Oct 2023дин79.4bдин28.6bдин234.9m8x338.1x2.8x
Thu, 21 Sep 2023дин86.3bдин28.9bдин210.6m8x409.9x3x
Sat, 19 Aug 2023дин83.0bдин30.9bдин504.0m8.9x164.7x2.7x
Mon, 17 Jul 2023дин89.3bдин30.0bдин599.4m8.4x148.9x3x
Wed, 14 Jun 2023дин89.5bдин33.0bдин551.9m9.6x162.2x2.7x
Fri, 12 May 2023дин84.4bдин32.2bдин969.5m7.7x87.1x2.6x
Sun, 09 Apr 2023дин82.7bдин32.0bдин834.8m6.1x99.1x2.6x
Tue, 07 Mar 2023дин81.7bдин32.0bдин834.8m6.9x97.8x2.5x
Thu, 02 Feb 2023дин76.2bдин32.0bдин834.8m5.9x91.3x2.4x
Sat, 31 Dec 2022дин70.5bдин30.8bдин778.2m7x90.7x2.3x
Mon, 28 Nov 2022дин67.4bдин30.9bдин778.2m7.6x86.6x2.2x
Price to Earnings Ratio

86.6x


Total Market Cap: дин67.4bTotal Earnings: дин778.2mTotal Revenue: дин30.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Serbian Industrials Sector Price to Earnings3Y Average 162.2x202320242025
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 37.1x which is lower than its 3-year average PE of 162x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 47% 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-0.11%
Industrials0.14%
Construction3.08%
Building0%0
Electrical0%0
Industrials0%0
Trade Distributors0%0
Professional Services0%0
Marine and Shipping0%0
Transportation0%0
Infrastructure-0.045%
Machinery-3.10%
Commercial Services-6.67%
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
No data available