Bulgarian Stock Exchange AD (BUL:BSE)
7.18
+0.16 (2.28%)
At close: Jul 31, 2026
BUL:BSE Ratios and Metrics
Market cap in millions BGN. Fiscal year is January - December.
Millions BGN. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 181 | 144 | 101 | 77 | 58 | 59 | |
Market Cap Growth | 57.44% | 41.48% | 31.24% | 34.08% | -2.41% | 83.12% |
Enterprise Value | 112 | 80 | 75 | -145 | -136 | -112 |
Last Close Price | 13.75 | 10.88 | 6.64 | 6.63 | 4.43 | 4.26 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 13.05 | 8.75 | 6.00 | 6.17 | 12.72 | 8.94 |
PS Ratio | 7.64 | 6.44 | 5.30 | 4.35 | 3.33 | 3.69 |
PB Ratio | 3.88 | 3.27 | 2.13 | 2.38 | 2.17 | 2.34 |
P/TBV Ratio | 4.15 | 3.52 | 2.30 | 2.71 | 2.58 | 2.85 |
P/FCF Ratio | - | - | 0.36 | 1.02 | - | 0.41 |
P/OCF Ratio | - | - | 0.35 | 1.02 | - | 0.41 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 4.74 | 3.60 | 3.89 | - | - | - |
EV/EBITDA Ratio | 11.37 | 9.00 | 10.75 | - | - | - |
EV/EBIT Ratio | 12.29 | 9.61 | 11.74 | - | - | - |
EV/FCF Ratio | - | - | 0.27 | - | - | - |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 |
Debt / EBITDA Ratio | 0.03 | 0.03 | 0.02 | 0.04 | 0.01 | 0.01 |
Debt / FCF Ratio | - | - | 0.00 | 0.00 | - | 0 |
Net Debt / Equity Ratio | -1.48 | -3.20 | -2.08 | -4.02 | -9.54 | -12.05 |
Net Debt / EBITDA Ratio | -7.24 | -15.76 | -14.30 | -18.52 | -45.24 | -39.58 |
Net Debt / FCF Ratio | 0.13 | 0.86 | -0.35 | -1.72 | 5.28 | -2.13 |
Asset Turnover | 0.03 | 0.04 | 0.04 | 0.05 | 0.04 | 0.05 |
Quick Ratio | 1.03 | 1.02 | 1.02 | 1.04 | 1.02 | 1.00 |
Current Ratio | 1.03 | 1.02 | 1.03 | 1.04 | 1.02 | 1.01 |
Return on Equity (ROE) | 27.97% | 35.77% | 42.17% | 42.46% | 17.49% | 27.26% |
Return on Assets (ROA) | 0.81% | 0.90% | 0.77% | 1.07% | 0.77% | 1.46% |
Return on Capital Employed (ROCE) | 19.10% | 18.70% | 13.20% | 19.50% | 18.40% | 27.60% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 7.69% | 11.43% | 16.66% | 16.20% | 7.86% | 11.18% |
FCF Yield | -298.13% | -113.50% | 275.83% | 98.24% | -83.41% | 241.80% |
Dividend Yield | 9.16% | - | 6.78% | 2.97% | 15.65% | 16.17% |
Payout Ratio | 151.61% | 128.52% | 10.69% | 49.90% | 64.26% | 60.50% |
Buyback Yield / Dilution | -1.45% | -1.89% | -0.31% | -33.33% | 0.72% | 1.44% |
Total Shareholder Return | 7.71% | -1.89% | 6.47% | -30.36% | 16.37% | 17.62% |