Potential Upside For Transilvania Investments Alliance S.A. (BVB:TRANSI) Not Without Risk
Feb 22
Romanian (BET) Financials Sector Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies13
- 7D0.2%
- 3M11.3%
- 1Y33.8%
- YTD18.4%
The Financials is pretty flat in the last 7 days, but Banca Transilvania has stood out, gaining 3.4%. As for the the longer term, the industry is up 34% over the past 12 months. Earnings are forecast to grow by 4.0% annually.
Sector Valuation and Performance
Has the Romanian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | RON43.9b | RON13.5b | RON5.8b | 8.1x | 7.5x | 3.3x |
| Fri, 26 Apr 2024 | RON42.2b | RON12.8b | RON5.4b | 8.8x | 7.8x | 3.3x |
| Sun, 24 Mar 2024 | RON41.8b | RON12.7b | RON5.4b | 9.4x | 7.7x | 3.3x |
| Tue, 20 Feb 2024 | RON37.9b | RON12.5b | RON5.4b | 11x | 7x | 3x |
| Thu, 18 Jan 2024 | RON36.9b | RON12.2b | RON5.2b | 10.9x | 7.1x | 3x |
| Sat, 16 Dec 2023 | RON36.5b | RON12.2b | RON5.2b | 10.8x | 7x | 3x |
| Mon, 13 Nov 2023 | RON34.9b | RON12.0b | RON5.0b | 11x | 7x | 2.9x |
| Wed, 11 Oct 2023 | RON33.0b | RON11.6b | RON4.8b | 11.2x | 6.9x | 2.9x |
| Fri, 08 Sep 2023 | RON31.9b | RON11.9b | RON5.0b | 7.9x | 6.4x | 2.7x |
| Sun, 06 Aug 2023 | RON41.6b | RON13.5b | RON6.7b | 7.7x | 6.2x | 3.1x |
| Tue, 04 Jul 2023 | RON38.9b | RON13.5b | RON6.7b | 7.8x | 5.8x | 2.9x |
| Thu, 01 Jun 2023 | RON38.2b | RON13.5b | RON6.7b | 8.3x | 5.7x | 2.8x |
| Sat, 29 Apr 2023 | RON38.8b | RON13.6b | RON7.0b | 8x | 5.5x | 2.9x |
| Mon, 27 Mar 2023 | RON37.7b | RON13.6b | RON7.0b | 7.9x | 5.3x | 2.8x |
| Wed, 22 Feb 2023 | RON39.9b | RON15.6b | RON9.3b | 7.1x | 4.3x | 2.6x |
| Fri, 20 Jan 2023 | RON40.8b | RON15.6b | RON9.4b | 7.3x | 4.4x | 2.6x |
| Sun, 18 Dec 2022 | RON40.5b | RON15.6b | RON9.4b | 7.8x | 4.3x | 2.6x |
| Tue, 15 Nov 2022 | RON38.4b | RON17.5b | RON11.3b | 7x | 3.4x | 2.2x |
| Thu, 13 Oct 2022 | RON35.0b | RON17.5b | RON11.3b | 6.2x | 3.1x | 2x |
| Sat, 10 Sep 2022 | RON38.5b | RON17.1b | RON11.2b | 6.9x | 3.4x | 2.3x |
| Mon, 08 Aug 2022 | RON40.8b | RON14.5b | RON8.8b | 7.3x | 4.6x | 2.8x |
| Wed, 06 Jul 2022 | RON39.6b | RON14.5b | RON8.8b | 7x | 4.5x | 2.7x |
| Fri, 03 Jun 2022 | RON42.8b | RON14.5b | RON8.8b | 7.1x | 4.8x | 3x |
| Sun, 01 May 2022 | RON43.9b | RON14.4b | RON9.1b | 9x | 4.8x | 3x |
| Tue, 29 Mar 2022 | RON44.4b | RON14.6b | RON9.1b | 9.1x | 4.9x | 3x |
| Thu, 24 Feb 2022 | RON47.9b | RON13.2b | RON7.8b | 10x | 6.2x | 3.6x |
| Sat, 22 Jan 2022 | RON46.7b | RON12.9b | RON7.6b | 10.1x | 6.1x | 3.6x |
| Mon, 20 Dec 2021 | RON44.0b | RON12.9b | RON7.6b | 10.1x | 5.8x | 3.4x |
| Wed, 17 Nov 2021 | RON46.2b | RON11.3b | RON6.1b | 10.4x | 7.6x | 4.1x |
| Fri, 15 Oct 2021 | RON46.4b | RON11.2b | RON6.1b | 11.3x | 7.6x | 4.1x |
| Sun, 12 Sep 2021 | RON46.8b | RON10.9b | RON5.9b | 11.3x | 8x | 4.3x |
| Tue, 10 Aug 2021 | RON45.8b | RON11.0b | RON5.9b | 11.1x | 7.8x | 4.2x |
Price to Earnings Ratio
7.3x
Current Industry PE
- Investors are optimistic on the Romanian Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.5x which is higher than its 3-year average PE of 6.0x.
- The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Financials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.1% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Romanian Financials sector?
| RO Market | 2.66% | |
| Financials | 0.22% | |
| Banks | 0.40% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Capital Markets | -0.86% | |
| Insurance | -2.14% | |
Industry PE
- Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 11.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Capital Markets industry, which is trading close to its 3-year average of 4.9x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 4.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 16% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 4.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TLV Banca Transilvania | RON31.70 | 3.4% +RON836.6m | 85.9% | PB1.8x | |
| TRANSI Transilvania Investments Alliance | RON0.35 | 3.2% +RON23.8m | 19.0% | PE3.3x | |
| PBK Patria Bank | RON0.087 | 1.2% +RON3.3m | 1.8% | PB0.7x |