Is Carbochim (BVB:CBC) Using Debt Sensibly?
Jun 14
Romanian (BET) Market Analysis & Valuation
UpdatedJun 19, 2024
DataAggregated Company Financials
Companies264
- 7D1.4%
- 3M6.2%
- 1Y34.9%
- YTD12.1%
Over the last 7 days, the market has risen 1.4%, driven by gains of 1.4% in the Utilities sector. In the last year, the market has climbed 35%. As for the next few years, earnings are expected to grow by 2.4% per annum.
Trending IndustriesOil and Gas
Market Valuation and Performance
Has the Romanian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 19 Jun 2024 | RON251.0b | RON159.8b | RON24.0b | 16.2x | 10.5x | 1.6x |
| Fri, 17 May 2024 | RON243.8b | RON157.9b | RON23.5b | 14.2x | 10.4x | 1.5x |
| Sun, 14 Apr 2024 | RON235.5b | RON152.3b | RON23.4b | 14.4x | 10.1x | 1.5x |
| Tue, 12 Mar 2024 | RON220.3b | RON147.1b | RON23.3b | 12x | 9.4x | 1.5x |
| Thu, 08 Feb 2024 | RON215.4b | RON150.4b | RON23.8b | 11.2x | 9.1x | 1.4x |
| Sat, 06 Jan 2024 | RON211.9b | RON156.3b | RON23.4b | 10.9x | 9x | 1.4x |
| Mon, 04 Dec 2023 | RON204.2b | RON157.5b | RON23.8b | 10.6x | 8.6x | 1.3x |
| Wed, 01 Nov 2023 | RON195.9b | RON167.2b | RON26.9b | 10.4x | 7.3x | 1.2x |
| Fri, 29 Sep 2023 | RON198.0b | RON166.9b | RON26.8b | 10.1x | 7.4x | 1.2x |
| Sun, 27 Aug 2023 | RON194.2b | RON166.4b | RON28.9b | 10x | 6.7x | 1.2x |
| Tue, 25 Jul 2023 | RON197.7b | RON174.9b | RON32.2b | 10.1x | 6.1x | 1.1x |
| Thu, 22 Jun 2023 | RON137.9b | RON165.0b | RON27.2b | 9.1x | 5.1x | 0.8x |
| Sat, 20 May 2023 | RON139.1b | RON165.3b | RON27.1b | 10.1x | 5.1x | 0.8x |
| Mon, 17 Apr 2023 | RON142.2b | RON166.8b | RON27.3b | 9.6x | 5.2x | 0.9x |
| Wed, 15 Mar 2023 | RON142.0b | RON160.4b | RON25.8b | 9.8x | 5.5x | 0.9x |
| Fri, 10 Feb 2023 | RON140.9b | RON160.6b | RON27.1b | 10.1x | 5.2x | 0.9x |
| Sun, 08 Jan 2023 | RON136.1b | RON152.7b | RON27.3b | 9.4x | 5x | 0.9x |
| Tue, 06 Dec 2022 | RON136.1b | RON153.0b | RON27.4b | 9.2x | 5x | 0.9x |
| Thu, 03 Nov 2022 | RON123.5b | RON148.0b | RON27.8b | 9.3x | 4.4x | 0.8x |
| Sat, 01 Oct 2022 | RON119.6b | RON137.5b | RON24.0b | 9.1x | 5x | 0.9x |
| Mon, 29 Aug 2022 | RON137.2b | RON133.0b | RON21.4b | 9.9x | 6.4x | 1x |
| Wed, 27 Jul 2022 | RON136.9b | RON116.2b | RON15.2b | 10.2x | 9x | 1.2x |
| Fri, 24 Jun 2022 | RON138.7b | RON115.6b | RON15.2b | 10.6x | 9.1x | 1.2x |
| Sun, 22 May 2022 | RON135.3b | RON113.9b | RON17.3b | 12.3x | 7.8x | 1.2x |
| Tue, 19 Apr 2022 | RON147.1b | RON102.9b | RON16.2b | 12.4x | 9.1x | 1.4x |
| Thu, 17 Mar 2022 | RON138.3b | RON102.9b | RON16.2b | 11.4x | 8.5x | 1.3x |
| Sat, 12 Feb 2022 | RON146.9b | RON95.1b | RON14.5b | 13.2x | 10.1x | 1.5x |
| Mon, 10 Jan 2022 | RON141.6b | RON89.7b | RON13.3b | 13.4x | 10.7x | 1.6x |
| Wed, 08 Dec 2021 | RON132.2b | RON87.9b | RON13.2b | 12.8x | 10x | 1.5x |
| Fri, 05 Nov 2021 | RON138.1b | RON84.0b | RON11.8b | 13.8x | 11.7x | 1.6x |
| Sun, 03 Oct 2021 | RON133.3b | RON81.5b | RON10.8b | 14.1x | 12.3x | 1.6x |
| Tue, 31 Aug 2021 | RON126.8b | RON80.9b | RON10.6b | 14.2x | 12x | 1.6x |
| Wed, 07 Jul 2021 | RON120.5b | RON80.9b | RON10.6b | 13.7x | 11.4x | 1.5x |
Price to Earnings Ratio
11.4x
Current Market PE
- Investors are optimistic on the Romanian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 10.5x which is higher than its 3-year average PE of 8.2x.
Past Earnings Growth
- The earnings for Romanian listed companies have grown 31% per year over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Romanian Market?
| RO Market | 1.40% | |
| Healthcare | 7.45% | |
| Financials | 1.93% | |
| Industrials | 1.78% | |
| Consumer Discretionary | 1.56% | |
| Utilities | 1.37% | |
| Telecom | 1.18% | |
| Energy | 1.09% | |
| Consumer Staples | 0.73% | |
| Real Estate | 0.054% | |
| Tech | -0.32% | |
| Materials | -2.56% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 11.6x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Telecom sector is expected to see its earnings decline by 6.0% 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 | Sector | |
|---|---|---|---|---|---|---|
| SNP OMV Petrom | RON0.75 | 1.8% +RON841.2m | 52.4% | PE11.8x | Energy | |
| TLV Banca Transilvania | RON32.15 | 2.1% +RON517.9m | 83.3% | PB1.8x | Financials | |
| H2O S.P.E.E.H. Hidroelectrica | RON124.00 | 0.7% +RON404.8m | n/a | PE9.3x | Utilities | |
| ATB Antibiotice | RON3.14 | 21.2% +RON369.2m | 413.1% | PE21.9x | Healthcare | |
| BRD BRD - Groupe Société Générale | RON20.00 | 2.6% +RON348.5m | 57.0% | PB1.5x | Financials |
