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Serbian (BELEX) Materials Sector Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies5
  • 7D1.1%
  • 3M-15.0%
  • 1Y-2.6%
  • YTD-8.7%

The Materials industry is up 1.1% in the last week, with Messer Tehnogas AD up 1.6%. However, the industry is down 4.1% over the past year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 May 2026дин42.6bдин21.4bдин5.0b7.2x8.6x2x
Fri, 17 Apr 2026дин42.5bдин22.6bдин5.0b8x8.5x1.9x
Sun, 15 Mar 2026дин43.2bдин22.6bдин5.0b8x8.7x1.9x
Tue, 10 Feb 2026дин45.8bдин22.6bдин5.0b8.2x9.2x2x
Thu, 08 Jan 2026дин46.9bдин21.4bдин5.0b7.8x9.4x2.2x
Sat, 06 Dec 2025дин47.0bдин21.4bдин5.0b7.8x9.5x2.2x
Mon, 03 Nov 2025дин47.0bдин21.4bдин5.0b7.8x9.5x2.2x
Wed, 01 Oct 2025дин45.5bдин21.4bдин5.0b7.5x9.2x2.1x
Fri, 29 Aug 2025дин44.4bдин22.6bдин5.0b8.1x8.9x2x
Sun, 27 Jul 2025дин44.1bдин22.6bдин5.0b8.1x8.9x2x
Tue, 24 Jun 2025дин44.7bдин22.6bдин5.0b8.1x9x2x
Thu, 22 May 2025дин43.8bдин22.6bдин5.0b8x8.8x1.9x
Sat, 19 Apr 2025дин42.2bдин21.5bдин4.6b7.6x9.2x2x
Mon, 17 Mar 2025дин43.4bдин21.5bдин4.6b7.7x9.5x2x
Wed, 12 Feb 2025дин40.4bдин21.5bдин4.6b7.1x8.8x1.9x
Fri, 10 Jan 2025дин44.3bдин21.5bдин4.6b8x9.7x2.1x
Sun, 08 Dec 2024дин43.4bдин21.5bдин4.6b7.9x9.5x2x
Tue, 05 Nov 2024дин42.7bдин21.5bдин4.6b7.5x9.3x2x
Thu, 03 Oct 2024дин42.7bдин21.4bдин3.6b9.5x11.9x2x
Sat, 31 Aug 2024дин39.4bдин21.4bдин3.6b8.7x11x1.8x
Mon, 29 Jul 2024дин33.3bдин21.4bдин3.6b7.2x9.3x1.6x
Wed, 26 Jun 2024дин33.6bдин46.9bдин5.6b7.1x6x0.7x
Fri, 24 May 2024дин32.7bдин46.9bдин5.6b6.9x5.8x0.7x
Sun, 21 Apr 2024дин34.2bдин43.7bдин4.7b6.5x7.3x0.8x
Tue, 19 Mar 2024дин30.7bдин43.7bдин4.7b5.8x6.5x0.7x
Thu, 15 Feb 2024дин28.7bдин43.7bдин4.7b5.5x6.1x0.7x
Sat, 13 Jan 2024дин24.9bдин43.9bдин4.7b6x5.3x0.6x
Mon, 11 Dec 2023дин25.3bдин43.9bдин4.7b6x5.4x0.6x
Wed, 08 Nov 2023дин24.9bдин43.9bдин4.7b5.9x5.3x0.6x
Fri, 06 Oct 2023дин26.1bдин43.9bдин4.7b6.3x5.5x0.6x
Sun, 03 Sep 2023дин25.2bдин41.2bдин4.3b7x5.9x0.6x
Tue, 01 Aug 2023дин23.7bдин41.2bдин4.3b6.3x5.5x0.6x
Thu, 29 Jun 2023дин23.3bдин41.8bдин5.1b13.6x4.5x0.6x
Sat, 27 May 2023дин24.1bдин42.1bдин5.1b13.6x4.7x0.6x
Price to Earnings Ratio

4.7x


Total Market Cap: дин24.1bTotal Earnings: дин5.1bTotal Revenue: дин42.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Serbian Materials Sector Price to Earnings3Y Average 8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Serbian Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 8.0x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 20% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

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

RS Market-1.01%
Materials1.10%
Chemicals1.59%
Basic Materials0%0
Packaging0%0
Paper and Forestry Products0%0
Metals and Mining-1.44%
Industry PE
  • Investors are most optimistic about the Chemicals industry, which is trading close to its 3-year average PE ratio of 7.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Chemicals industry, which is trading close to its 3-year average of 7.4x.
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
TGAS Messer Tehnogas ADдин34.61k1.6%
+дин560.8m		0.8%PE7.2x

Latest News

TGAS
дин34,614.00
Messer Tehnogas AD
7D
1.6%
1Y
0.8%
IMPL
дин6,200.00
IMPOL SEVAL Valjaonica Aluminijuma a.d
7D
-1.6%
1Y
-20.5%