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Romanian (BET) Tech Sector Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies14
  • 7D-1.3%
  • 3M-5.4%
  • 1Y-2.6%
  • YTD-3.0%

Over the last 7 days, the Tech industry has dropped 1.3%, driven by Bittnet Systems declining 9.3%. In contrast, Safetech Innovations has gained 5.3%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 35% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024RON1.7bRON1.1b-RON10,793,887.0014.1x-156.6x1.5x
Tue, 16 Apr 2024RON1.4bRON1.0bRON44.9m17.3x30.2x1.3x
Thu, 14 Mar 2024RON1.4bRON1.0bRON44.7m17.4x31x1.3x
Sat, 10 Feb 2024RON1.3bRON1.0bRON39.7m19.1x34x1.3x
Mon, 08 Jan 2024RON1.4bRON1.0bRON42.9m17.6x31.6x1.3x
Wed, 06 Dec 2023RON1.3bRON970.5mRON56.9m13.1x23.3x1.4x
Fri, 03 Nov 2023RON1.3bRON879.4mRON52.5m13.3x25.5x1.5x
Sun, 01 Oct 2023RON510.6mRON504.4mRON8.3m8x61.6x1x
Tue, 29 Aug 2023RON497.7mRON448.9mRON12.7m7x39.2x1.1x
Thu, 27 Jul 2023RON521.6mRON450.8mRON22.1m4.5x23.6x1.2x
Sat, 24 Jun 2023RON521.4mRON450.8mRON22.1m4.4x23.6x1.2x
Mon, 22 May 2023RON541.7mRON430.1mRON21.0m4.7x25.8x1.3x
Wed, 19 Apr 2023RON514.5mRON437.3mRON15.2m6.3x33.9x1.2x
Fri, 17 Mar 2023RON489.2mRON437.3mRON15.2m5.9x32.2x1.1x
Sun, 12 Feb 2023RON290.8mRON386.1mRON18.7m6x15.6x0.8x
Tue, 10 Jan 2023RON274.5mRON386.1mRON18.7m5.1x14.7x0.7x
Thu, 08 Dec 2022RON261.3mRON386.1mRON18.7m4.7x14x0.7x
Sat, 05 Nov 2022RON272.2mRON378.9mRON29.7m10.9x9.2x0.7x
Mon, 03 Oct 2022RON249.8mRON378.9mRON29.7m9.9x8.4x0.7x
Wed, 31 Aug 2022RON268.6mRON369.8mRON30.7m10x8.8x0.7x
Fri, 29 Jul 2022RON258.6mRON472.9m-RON4,912,323.0015.3x-52.6x0.5x
Sun, 26 Jun 2022RON253.3mRON472.9m-RON4,912,323.0014.1x-51.6x0.5x
Tue, 24 May 2022RON294.3mRON459.9m-RON1,568,802.0011.5x-187.6x0.6x
Thu, 21 Apr 2022RON294.4mRON443.9m-RON7,633,164.0011.2x-38.6x0.7x
Sat, 19 Mar 2022RON222.5mRON443.9m-RON7,633,164.0011x-29.1x0.5x
Mon, 14 Feb 2022RON242.1mRON444.9m-RON9,720,386.0014.6x-24.9x0.5x
Wed, 12 Jan 2022RON244.3mRON444.9m-RON9,720,386.0014.8x-25.1x0.5x
Fri, 10 Dec 2021RON227.9mRON444.9m-RON9,720,386.0013.2x-23.4x0.5x
Sun, 07 Nov 2021RON230.1mRON431.7m-RON19,597,682.0088.6x-11.7x0.5x
Tue, 05 Oct 2021RON246.5mRON431.7m-RON19,597,682.0094.6x-12.6x0.6x
Thu, 02 Sep 2021RON256.0mRON439.7m-RON20,730,434.00288.8x-12.3x0.6x
Sat, 31 Jul 2021RON255.6mRON439.7m-RON20,730,434.00278.1x-12.3x0.6x
Price to Earnings Ratio

-23.9x


Total Market Cap: RON269.9mTotal Earnings: -RON11,286,947.00Total Revenue: RON416.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Romanian Tech Sector Price to Earnings3Y Average 4.4x202220232024
Current Industry PE
  • Investors are optimistic on the Romanian Information Technology industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have improved over the last three years.
  • Revenues for these companies have grown 39% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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

RO Market0.42%
Tech-1.33%
Software2.45%
Communications0%
Tech Hardware0%
Semiconductors0%
IT-2.06%
Electronic Equipment and Components-4.50%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 18.0x.
    • Analysts are expecting annual earnings growth of 35.0%, which is higher than its past year's earnings decline of 35.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 35% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 35% 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
SAFE Safetech InnovationsRON2.535.3%
+RON8.7m		-17.2%n/a
BENTO 2B Intelligent SoftRON12.003.4%
+RON1.8m		134.1%n/a
AST Arctic StreamRON30.901.3%
+RON1.7m		n/aPE14.1x
ALW S.C. Visual FanRON15.403.4%
+RON555.6k		n/an/a
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Latest News

AROBS

RON0.88

AROBS Transilvania Software

7D

-1.1%

1Y

n/a

BNET

RON0.22

Bittnet Systems

7D

-9.3%

1Y

-23.9%

ELMA

RON0.24

Electromagnetica

7D

-0.8%

1Y

28.3%

Returns At Electromagnetica (BVB:ELMA) Are On The Way Up

Mar 11
Returns At Electromagnetica (BVB:ELMA) Are On The Way Up

BENTO

RON12.00

2B Intelligent Soft

7D

3.4%

1Y

134.1%

SAFE

RON2.53

Safetech Innovations

7D

5.3%

1Y

-17.2%