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Bulgarian (SOFIX) Tech Sector Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies8
  • 7D4.8%
  • 3M21.3%
  • 1Y137.1%
  • YTD42.3%

The Tech industry is up 4.8% in the last week, with Shelly Group AD up 5.5%. This takes the industry's 12 month performance to a gain of 137%. Earnings are forecast to grow by 29% annually.

Sector Valuation and Performance

Has the Bulgarian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024лв1.5bлв447.4mлв43.5m24.1x35.3x3.4x
Tue, 16 Apr 2024лв1.4bлв429.8mлв40.0m24.3x35.6x3.3x
Thu, 14 Mar 2024лв1.4bлв428.6mлв40.1m24.3x35.2x3.3x
Sat, 10 Feb 2024лв1.3bлв374.6mлв31.2m26.8x40.4x3.4x
Mon, 08 Jan 2024лв1.1bлв374.6mлв31.2m23.1x34.6x2.9x
Wed, 06 Dec 2023лв936.6mлв375.9mлв31.7m12x29.6x2.5x
Fri, 03 Nov 2023лв939.9mлв349.9mлв19.1m15.5x49.1x2.7x
Sun, 01 Oct 2023лв992.6mлв349.9mлв19.1m15.7x51.9x2.8x
Tue, 29 Aug 2023лв841.3mлв344.9mлв19.9m22.2x42.2x2.4x
Thu, 27 Jul 2023лв742.0mлв344.9mлв19.9m19.8x37.3x2.2x
Sat, 24 Jun 2023лв680.2mлв342.9mлв20.1m25x33.9x2x
Mon, 22 May 2023лв636.9mлв347.0mлв22.5m16.9x28.3x1.8x
Wed, 19 Apr 2023лв602.8mлв336.4mлв20.7m18.3x29.1x1.8x
Fri, 17 Mar 2023лв600.4mлв337.9mлв20.7m18.3x29x1.8x
Sun, 12 Feb 2023лв632.9mлв302.4mлв23.3m18.7x27.2x2.1x
Tue, 10 Jan 2023лв596.4mлв300.6mлв23.0m20.8x25.9x2x
Thu, 08 Dec 2022лв596.2mлв298.9mлв23.6m19x25.3x2x
Sat, 05 Nov 2022лв581.3mлв285.0mлв40.0m13.9x14.5x2x
Mon, 03 Oct 2022лв548.9mлв285.0mлв40.0m14.9x13.7x1.9x
Wed, 31 Aug 2022лв581.7mлв291.9mлв40.8m14.5x14.3x2x
Fri, 29 Jul 2022лв553.8mлв291.9mлв40.8m14x13.6x1.9x
Sun, 26 Jun 2022лв574.4mлв291.9mлв40.8m14.6x14.1x2x
Tue, 24 May 2022лв557.7mлв293.9mлв44.0m11.2x12.7x1.9x
Thu, 21 Apr 2022лв616.0mлв295.8mлв43.4m10.5x14.2x2.1x
Sat, 19 Mar 2022лв594.5mлв295.8mлв43.4m11.2x13.7x2x
Mon, 14 Feb 2022лв604.6mлв301.4mлв34.0m17.1x17.8x2x
Wed, 12 Jan 2022лв684.6mлв300.9mлв34.2m23.5x20x2.3x
Fri, 10 Dec 2021лв654.0mлв294.1mлв35.6m22.1x18.4x2.2x
Sun, 07 Nov 2021лв683.2mлв296.1mлв34.9m24.1x19.6x2.3x
Tue, 05 Oct 2021лв622.7mлв267.0mлв34.7m20.3x18x2.3x
Thu, 02 Sep 2021лв539.6mлв261.7mлв33.4m19.2x16.2x2.1x
Sat, 31 Jul 2021лв526.8mлв261.7mлв33.4m19.4x15.8x2x
Price to Earnings Ratio

15.4x


Total Market Cap: лв509.6mTotal Earnings: лв33.1mTotal Revenue: лв261.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Tech Sector Price to Earnings3Y Average 25.6x202220232024
Current Industry PE
  • Investors are optimistic on the Bulgarian Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 38.2x which is higher than its 3-year average PE of 25.6x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 6.7% per year over the last three years.
  • Revenues for these companies have grown 18% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Bulgarian Tech sector?

BG Market1.29%
Tech4.78%
Electronic Equipment and Components5.45%
IT0.95%
Communications0%
Tech Hardware0%
Semiconductors0%
Software-2.18%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 29.4%, which is lower than the prior year's growth of 92.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 29% over the next 5 years.
  • However this is lower than its past earnings growth rate of 93% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 29% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SLYG Shelly Group ADлв73.005.5%
+лв68.6m		194.4%PE36.1x
SGH Sirma Group Holding ADлв0.897.3%
+лв3.4m		33.1%PS0.6x
BDT Biodit ADлв1.254.2%
+лв741.0k		-25.1%PS16.5x
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Latest News

SLYG

лв73.00

Shelly Group AD

7D

5.5%

1Y

194.4%

SGH

лв0.89

Sirma Group Holding AD

7D

7.3%

1Y

33.1%

BDT

лв1.25

Biodit AD

7D

4.2%

1Y

-25.1%

BNR

лв4.94

Bianor Holding AD

7D

-2.2%

1Y

n/a

TBS

лв8.80

Telelink Business Services Group AD

7D

-1.7%

1Y

-3.8%