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Serbian (BELEX) Materials Sector Analysis

UpdatedDec 29, 2025
DataAggregated Company Financials
Companies4
  • 7D0.4%
  • 3M3.3%
  • 1Y4.6%
  • YTD4.9%

In the last week, Materials has been flat. The past year has been better, since the industry has gained 4.1% in that time.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Dec 2025дин46.8bдин21.4bдин5.0b7.8x9.4x2.2x
Wed, 26 Nov 2025дин47.0bдин21.4bдин5.0b7.8x9.5x2.2x
Fri, 24 Oct 2025дин46.6bдин21.4bдин5.0b7.7x9.4x2.2x
Sun, 21 Sep 2025дин45.8bдин21.4bдин5.0b7.5x9.2x2.1x
Tue, 19 Aug 2025дин44.3bдин22.6bдин5.0b8.1x8.9x2x
Thu, 17 Jul 2025дин45.8bдин22.6bдин5.0b8.2x9.2x2x
Sat, 14 Jun 2025дин44.7bдин22.6bдин5.0b8.1x9x2x
Mon, 12 May 2025дин42.3bдин23.1bдин5.0b7.9x8.5x1.8x
Wed, 09 Apr 2025дин41.2bдин21.5bдин4.6b7.2x9x1.9x
Fri, 07 Mar 2025дин43.3bдин21.5bдин4.6b7.7x9.5x2x
Sun, 02 Feb 2025дин42.9bдин21.5bдин4.6b7.7x9.4x2x
Tue, 31 Dec 2024дин44.3bдин21.5bдин4.6b8x9.7x2.1x
Thu, 28 Nov 2024дин43.3bдин21.5bдин4.6b7.7x9.4x2x
Sat, 26 Oct 2024дин42.5bдин21.5bдин4.6b7.5x9.3x2x
Mon, 23 Sep 2024дин41.0bдин21.4bдин3.6b9x11.4x1.9x
Wed, 21 Aug 2024дин34.3bдин21.4bдин3.6b7.3x9.5x1.6x
Fri, 19 Jul 2024дин32.7bдин21.4bдин3.6b7.1x9.1x1.5x
Sun, 16 Jun 2024дин33.0bдин46.9bдин5.6b6.9x5.9x0.7x
Tue, 14 May 2024дин31.8bдин47.4bдин5.6b6.9x5.7x0.7x
Thu, 11 Apr 2024дин32.2bдин43.7bдин4.7b6.1x6.9x0.7x
Sat, 09 Mar 2024дин30.7bдин43.7bдин4.7b5.8x6.5x0.7x
Mon, 05 Feb 2024дин26.9bдин43.9bдин4.7b6.6x5.7x0.6x
Wed, 03 Jan 2024дин25.1bдин43.9bдин4.7b6x5.3x0.6x
Fri, 01 Dec 2023дин24.9bдин43.9bдин4.7b5.9x5.3x0.6x
Sun, 29 Oct 2023дин25.0bдин43.9bдин4.7b5.9x5.3x0.6x
Tue, 26 Sep 2023дин26.6bдин41.2bдин4.3b7.6x6.2x0.6x
Thu, 24 Aug 2023дин24.8bдин41.2bдин4.3b6.7x5.8x0.6x
Sat, 22 Jul 2023дин23.7bдин41.1bдин5.1b6.3x4.6x0.6x
Mon, 19 Jun 2023дин23.2bдин41.8bдин5.1b13.6x4.5x0.6x
Wed, 17 May 2023дин24.1bдин42.1bдин5.1b13.7x4.7x0.6x
Fri, 14 Apr 2023дин23.0bдин22.1bдин842.4m20.9x27.3x1x
Sun, 12 Mar 2023дин22.2bдин22.1bдин842.4m20.9x26.3x1x
Tue, 07 Feb 2023дин22.1bдин22.1bдин842.4m20.9x26.2x1x
Thu, 05 Jan 2023дин21.0bдин21.4bдин838.5m13.2x25x1x
Price to Earnings Ratio

25x


Total Market Cap: дин21.0bTotal Earnings: дин838.5mTotal Revenue: дин21.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Serbian Materials Sector Price to Earnings3Y Average 10x20242025
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 10.0x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 81% 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 Materials sector?

RS Market1.95%
Materials0.45%
Chemicals0.54%
Metals and Mining0.012%
Basic Materials0%0
Packaging0%0
Paper and Forestry Products0%0
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 6.5x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.5x.
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 ADдин37.20k0.5%
+дин206.3m
5.0%PE7.8x
IMPL IMPOL SEVAL Valjaonica Aluminijuma a.dдин7.70k0.01%
+дин942.3k
n/an/a

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