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Hungarian (BUX) Market Analysis & Valuation

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies51
  • 7D2.7%
  • 3M3.6%
  • 1Y30.9%
  • YTD3.6%

Over the last 7 days, the market has risen 2.7%, driven by gains of 3.1% in the Financials sector. In the last year, the market has climbed 31%. As for the next few years, earnings are expected to grow by 4.9% per annum.

Market Valuation and Performance

Has the Hungarian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026Ft19.6tFt16.5tFt2.1t9.2x9.1x1.2x
Tue, 03 Mar 2026Ft20.4tFt16.4tFt2.1t9.7x9.8x1.2x
Thu, 29 Jan 2026Ft20.8tFt16.6tFt2.1t9.4x10.1x1.3x
Sat, 27 Dec 2025Ft18.5tFt16.6tFt2.1t9.2x9x1.1x
Mon, 24 Nov 2025Ft18.7tFt16.6tFt2.0t11.1x9.2x1.1x
Wed, 22 Oct 2025Ft18.2tFt16.7tFt2.0t12.3x9.1x1.1x
Fri, 19 Sep 2025Ft17.4tFt16.8tFt2.0t10.8x8.6x1x
Sun, 17 Aug 2025Ft18.3tFt16.8tFt2.0t11.7x9x1.1x
Tue, 15 Jul 2025Ft17.0tFt16.8tFt2.1t11x8.1x1x
Thu, 12 Jun 2025Ft16.4tFt16.8tFt2.1t11.3x7.8x1x
Sat, 10 May 2025Ft16.8tFt16.7tFt2.1t11.5x8x1x
Mon, 07 Apr 2025Ft15.2tFt16.5tFt2.1t10.5x7.2x0.9x
Wed, 05 Mar 2025Ft16.1tFt16.0tFt2.0t10.2x8.3x1x
Fri, 31 Jan 2025Ft16.0tFt15.9tFt2.0t9.9x8x1x
Sun, 29 Dec 2024Ft17.4tFt16.0tFt2.0t9.1x8.7x1.1x
Tue, 26 Nov 2024Ft15.0tFt16.0tFt2.0t8.7x7.4x0.9x
Thu, 24 Oct 2024Ft14.0tFt16.0tFt2.1t9x6.8x0.9x
Sat, 21 Sep 2024Ft14.1tFt16.0tFt2.1t10.6x6.9x0.9x
Mon, 19 Aug 2024Ft13.4tFt15.9tFt2.1t11.1x6.5x0.8x
Wed, 17 Jul 2024Ft13.6tFt15.5tFt2.0t11.3x6.7x0.9x
Fri, 14 Jun 2024Ft13.5tFt15.5tFt2.0t11.2x6.6x0.9x
Sun, 12 May 2024Ft13.9tFt15.5tFt2.0t12x7.1x0.9x
Tue, 09 Apr 2024Ft13.5tFt15.6tFt2.0t11.9x6.7x0.9x
Thu, 07 Mar 2024Ft13.3tFt15.5tFt2.0t11.6x6.7x0.9x
Sat, 03 Feb 2024Ft13.4tFt15.8tFt1.8t12.6x7.5x0.8x
Mon, 01 Jan 2024Ft12.6tFt15.8tFt1.8t11.1x7.1x0.8x
Wed, 29 Nov 2023Ft11.8tFt15.6tFt1.7t10.8x6.8x0.8x
Fri, 27 Oct 2023Ft10.5tFt16.0tFt1.7t10.3x6x0.7x
Sun, 24 Sep 2023Ft10.3tFt15.9tFt1.7t11.2x5.9x0.6x
Tue, 22 Aug 2023Ft10.8tFt15.7tFt1.7t11.6x6.4x0.7x
Thu, 20 Jul 2023Ft8.6tFt15.1tFt1.5t9.2x5.7x0.6x
Sat, 17 Jun 2023Ft8.2tFt15.1tFt1.5t9.3x5.5x0.5x
Mon, 15 May 2023Ft7.7tFt14.4tFt1.2t9.6x6.3x0.5x
Wed, 12 Apr 2023Ft7.5tFt14.3tFt1.2t9.7x6x0.5x
Price to Earnings Ratio

6x


Total Market Cap: Ft7.5tTotal Earnings: Ft1.2tTotal Revenue: Ft14.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Hungarian Market Price to Earnings3Y Average 7.5x202420252026
Current Market PE
  • Investors are optimistic on the Hungarian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 9.1x which is higher than its 3-year average PE of 7.5x.
Past Earnings Growth
  • The earnings for Hungarian listed companies have grown 20% per year over the last three years.
  • Revenues for these companies have grown 4.9% 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 Hungarian Market?

HU Market2.68%
Tech10.18%
Industrials6.36%
Telecom3.55%
Financials3.05%
Utilities3.04%
Materials2.34%
Healthcare1.90%
Consumer Staples1.34%
Real Estate0.70%
Consumer Discretionary0.34%
Energy-1.20%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 11.3x.
    • 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 Financials sector, expecting annual earnings growth of 5.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 8.4% per year.
  • In contrast, the Healthcare industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
OTP OTP Bank NyrtFt36.81k3.1%
+Ft294.8b		65.8%PB1.7xFinancials
4IG 4iG NyrtFt2.60k10.5%
+Ft72.3b		66.0%PS1xTech
MTELEKOM Magyar Telekom Távközlési Nyilvánosan Müködö RészvénytársaságFt2.14k3.6%
+Ft65.5b		42.2%PE9.1xTelecom
RICHTER Gedeon RichterFt12.15k1.9%
+Ft41.9b		20.8%PE9.5xHealthcare
MBHBANK MBH Bank NyrtFt3.10k4.4%
+Ft41.9b		-48.3%PB0.8xFinancials
See more

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MASTERPLAST
Ft2,450.00
Masterplast Nyrt
7D
-2.4%
1Y
0%
MBHBANK
Ft3,100.00
MBH Bank Nyrt
7D
4.4%
1Y
-48.3%
OPUS
Ft441.00
OPUS GLOBAL Nyrt
7D
11.9%
1Y
-12.7%
CIGPANNONIA
Ft318.00
CIG Pannónia Életbiztosító Nyrt
7D
-5.4%
1Y
-11.4%
APPENINN
Ft565.00
Appeninn Vagyonkezelo Holding Nyilvánosan Muködo Részvénytársaság
7D
-6.6%
1Y
-41.1%
BIF
Ft290.00
Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt
7D
-1.4%
1Y
-41.8%
RABA
Ft3,450.00
RÁBA Jármuipari Holding Nyrt
7D
5.5%
1Y
131.5%
RICHTER
Ft12,150.00
Gedeon Richter
7D
1.9%
1Y
20.8%

Women’s Healthcare Reliance And CDMO Risks Will Pressure Future Margins And Earnings

Catalysts About Gedeon Richter Gedeon Richter is a Hungary based pharmaceutical company with business lines in women’s healthcare, central nervous system therapies, biosimilars, contract development and manufacturing, and general medicine. What are the underlying business or industry changes driving this perspective?
MOL
Ft3,946.00
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság
7D
-1.2%
1Y
35.5%
MTELEKOM
Ft2,144.00
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság
7D
3.6%
1Y
42.2%
OTP
Ft36,810.00
OTP Bank Nyrt
7D
3.1%
1Y
65.8%
MBHJB
Ft580.00
MBH Jelzálogbank Nyilvánosan Muködo Részvénytársaság
7D
-4.9%
1Y
-31.0%
SPLUS
€13.10
Shopper Park Plus Nyilvánosan Muködo Részvénytársaság
7D
4.0%
1Y
4.8%
4IG
Ft2,596.00
4iG Nyrt
7D
10.5%
1Y
66.0%
GRANIT
Ft9,520.00
GRÁNIT Bank Zártköruen Muködo Részvénytársaság
7D
-1.9%
1Y
-27.9%
ESENSE
Ft1,090.00
eSense Human Resources Szolgáltató Nyilvánosan Muködo Részvénytársaság
7D
-2.7%
1Y
38.9%