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Romanian (BET) Market Analysis & Valuation

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies256
  • 7D0.02%
  • 3M11.5%
  • 1Y53.6%
  • YTD11.5%

In the last week, the market has stayed flat, however the Real Estate sector stood out, gaining 5.8%. More promisingly, the market is up 54% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026RON 363.6bRON 172.5bRON 23.5b17.7x15.5x2.1x
Tue, 03 Mar 2026RON 362.3bRON 169.8bRON 22.6b18x16x2.1x
Thu, 29 Jan 2026RON 362.4bRON 167.4bRON 22.8b16.1x15.9x2.2x
Sat, 27 Dec 2025RON 317.6bRON 167.0bRON 22.5b15.4x14.1x1.9x
Mon, 24 Nov 2025RON 298.0bRON 166.6bRON 21.7b14.4x13.7x1.8x
Wed, 22 Oct 2025RON 289.0bRON 165.2bRON 23.4b15.2x12.4x1.7x
Fri, 19 Sep 2025RON 280.8bRON 164.8bRON 23.4b15x12x1.7x
Sun, 17 Aug 2025RON 282.9bRON 164.8bRON 22.9b16x12.3x1.7x
Tue, 15 Jul 2025RON 257.7bRON 162.7bRON 23.3b15.2x11.1x1.6x
Thu, 12 Jun 2025RON 248.7bRON 162.5bRON 23.3b13.9x10.7x1.5x
Sat, 10 May 2025RON 228.1bRON 160.5bRON 24.5b14.5x9.3x1.4x
Mon, 07 Apr 2025RON 234.3bRON 162.2bRON 26.6b14.6x8.8x1.4x
Wed, 05 Mar 2025RON 236.6bRON 161.9bRON 26.0b13.4x9.1x1.5x
Fri, 31 Jan 2025RON 239.8bRON 162.1bRON 26.3b13.3x9.1x1.5x
Sun, 29 Dec 2024RON 238.4bRON 162.2bRON 26.2b13x9.1x1.5x
Tue, 26 Nov 2024RON 238.3bRON 162.1bRON 26.1b14.1x9.1x1.5x
Thu, 24 Oct 2024RON 243.8bRON 158.8bRON 24.4b14.3x10x1.5x
Sat, 21 Sep 2024RON 246.3bRON 158.4bRON 24.4b15.1x10.1x1.6x
Mon, 19 Aug 2024RON 252.3bRON 159.0bRON 24.9b15.3x10.1x1.6x
Wed, 17 Jul 2024RON 259.0bRON 159.4bRON 24.0b17.5x10.8x1.6x
Fri, 14 Jun 2024RON 248.1bRON 159.7bRON 24.0b15.9x10.4x1.6x
Sun, 12 May 2024RON 244.4bRON 157.3bRON 23.4b14x10.5x1.6x
Tue, 09 Apr 2024RON 238.4bRON 151.0bRON 23.4b14.8x10.2x1.6x
Thu, 07 Mar 2024RON 220.9bRON 147.5bRON 23.4b12.3x9.4x1.5x
Sat, 03 Feb 2024RON 214.6bRON 156.6bRON 23.4b11.1x9.2x1.4x
Mon, 01 Jan 2024RON 211.6bRON 156.1bRON 23.4b11x9x1.4x
Wed, 29 Nov 2023RON 202.8bRON 157.3bRON 23.8b10.6x8.5x1.3x
Fri, 27 Oct 2023RON 196.6bRON 167.0bRON 26.9b10.1x7.3x1.2x
Sun, 24 Sep 2023RON 200.1bRON 166.7bRON 26.8b10.1x7.5x1.2x
Tue, 22 Aug 2023RON 190.8bRON 167.2bRON 28.7b10x6.7x1.1x
Thu, 20 Jul 2023RON 198.5bRON 174.7bRON 32.2b9.4x6.2x1.1x
Sat, 17 Jun 2023RON 138.7bRON 165.0bRON 27.2b9.1x5.1x0.8x
Mon, 15 May 2023RON 136.9bRON 163.8bRON 26.4b10x5.2x0.8x
Wed, 12 Apr 2023RON 141.5bRON 167.1bRON 27.3b9.6x5.2x0.8x
Price to Earnings Ratio

5.2x


Total Market Cap: RON 141.5bTotal Earnings: RON 27.3bTotal Revenue: RON 167.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Romanian Market Price to Earnings3Y Average 9.9x202420252026
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 15.5x which is higher than its 3-year average PE of 9.9x.
Past Earnings Growth
  • The earnings for Romanian listed companies have declined 4.9% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Romanian Market?

RO Market0.024%
Real Estate5.83%
Healthcare2.35%
Tech2.01%
Energy0.25%
Financials0.15%
Industrials0.0058%
Utilities-0.43%
Materials-0.43%
Consumer Staples-0.53%
Consumer Discretionary-0.83%
Telecom-1.84%
Sector PE
  • Investors favour the Tech sector the most for future growth even though it's trading below its 3-year average PE ratio of 390x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 16.4%, which is higher than its past year's earnings growth of 0.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 98% over the next 5 years.
  • This is better than its past earnings growth rate of 4.5% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 5.0% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
SNG SNGN RomgazRON 11.721.9%
+RON 847.9m		100.0%PE13.6xEnergy
H2O S.P.E.E.H. HidroelectricaRON 149.601.2%
+RON 809.6m		24.5%PE20xUtilities
BRD BRD - Groupe Société GénéraleRON 28.451.6%
+RON 313.6m		58.4%PB1.9xFinancials
PPLI Professional Imo PartnersRON 6.35164.6%
+RON 305.6m		234.2%n/aReal Estate
M Med LifeRON 12.064.0%
+RON 244.2m		95.1%PE552xHealthcare
See more

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Latest News

ONE
RON 29.30
One United Properties
7D
1.4%
1Y
61.2%

New Real Estate Law And Debt Risks Will Test Expansion Yet Support Long Term Resilience

Catalysts About One United Properties One United Properties is a Romanian real estate developer focused on residential projects and income generating commercial properties. What are the underlying business or industry changes driving this perspective?
GSH
RON 1.44
GRUP SERBAN HOLDING
7D
13.4%
1Y
-10.6%
TEL
RON 91.10
CNTEE Transelectrica
7D
-2.0%
1Y
121.7%
AQ
RON 1.52
Aquila Part Prod Com
7D
-5.6%
1Y
14.7%
SNG
RON 11.72
SNGN Romgaz
7D
1.9%
1Y
100.0%

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Analysts kept their RON fair value estimate for SNGN Romgaz unchanged at RON 7.15, explaining the stable price target by balancing slightly higher modeled revenue growth with a marginally lower profit margin and a small adjustment to the forward P/E assumption. What's in the News Special shareholders meeting scheduled for April 16, 2026, at 13:00 E.
PPLI
RON 6.35
Professional Imo Partners
7D
164.6%
1Y
234.2%
H2O
RON 149.60
S.P.E.E.H. Hidroelectrica
7D
1.2%
1Y
24.5%
TLV
RON 35.80
Banca Transilvania
7D
-0.3%
1Y
55.9%
SNN
RON 66.80
S.N. Nuclearelectrica
7D
-0.6%
1Y
71.3%
BRD
RON 28.45
BRD - Groupe Société Générale
7D
1.6%
1Y
58.4%

BRD: Dividend And Slight Assumption Tweaks Will Sustain An Overextended P/E

Analysts have kept their RON 25.08 price target for BRD - Groupe Société Générale unchanged, citing only very small adjustments in the discount rate, revenue growth and future P/E assumptions that do not materially change their overall view. What's in the News Special and extraordinary shareholders meeting scheduled for April 29, 2026 at 11:30 E.
SNP
RON 1.00
OMV Petrom
7D
-1.1%
1Y
39.0%
M
RON 12.06
Med Life
7D
4.0%
1Y
95.1%
TGN
RON 86.00
S.N.T.G.N. Transgaz
7D
-2.3%
1Y
216.2%
RRC
RON 0.095
Rompetrol Rafinare
7D
9.0%
1Y
43.6%
DIGI
RON 141.40
Digi Communications
7D
-1.8%
1Y
118.2%
PE
RON 41.20
Premier Energy
7D
-9.3%
1Y
115.7%

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