Which are the Largest Public Companies in Bulgaria?

Recently, US giant Apple once again recorded its the name in history, achieving a market capitalization of $ 1 trillion. Of course, it is difficult to compare the US exchange with the Bulgarian one, but we can look at it and see which are the largest public companies in Bulgaria. Leader with 536 million leva is Sopharma AD. The only other company that passes the threshold of half a million is Chimimport AD - 515 million leva, according to an analysis of "Infostock". CEZ Distribution Bulgaria AD remains at third position with over BGN 100 million less than the first with market valuation of almost BGN 432 mln.

Interestingly, two of these companies perform far better than the SOFIX and BGBX 40 indices, while the average performance of the three largest market capitalization companies is at a loss of 3.8% over the past one year or more than three times - less than the decrease of SOFIX and BGBX 40, commented the issue.

On the other hand, with the next three market capitalization companies, we find two components - First Investment Bank and Monbat, whose shares are cheaper by more than 29% over the past one year, or more than twice as high as the two leading index. Best performing among the largest companies are Eurohold's shares, which, in an environment of declining indices, added 29.2% to their value. Otherwise, the average performance of the 11 companies in the broad index, which have a market capitalization of more than BGN 200 million, is -9.2%, which is better than the performance of SOFIX and BGBX 40 for the period of 12 months.

We do not find any significant correlation between company performance and the cost-benefit ratio. While the stock of Chimimport, which has a relatively low ratio of 6.9, has grown by more than 10% over the past one...