BUL/HES (BUL/HES)

Bulgarian Stock Exchange: BUL/HES · EUR

€2.68

+0.00 (0.0%)· Recorded snapshot

Market cap	48.8M
Revenue (ttm)	44.9M
Net income (ttm)	3.1M
EPS (ttm)	€0.17
Shares out	18.2M
P/E (trailing)	15.6x
Dividend	€0.21 (7.84%)
Volume	120
Beta	-0.04

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 44.9M
Net income (ttm): 3.1M
EPS (ttm): €0.17
P/E (trailing): 15.6x
Market cap: 48.8M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-29 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E15.6

P25 n/aP50 n/aP75 n/a

ROE13

P25 n/aP50 n/aP75 n/a

ROIC13.9

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All BUL/HES indicators

Market & fundamental data

Available fields

239

Groups with data

Currency

EUR

Showing 239 of 239 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	EUR
Country	Bulgaria
Country code	BG
Earnings date	2026-11-02
Employees	489
Enterprise value	EUR 48.1M
Exchange	Bulgarian Stock Exchange
Financial currency	EUR
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1968
Industry	Miscellaneous Fabricated Metal Products
Is primary listing	Yes
ISIN number	BG11HIYMAT14
Last earnings date	2026-01-28
Last refreshed	2026-10-29
Last stock split date	2014-06-17
Last stock split type	Forward
Market cap	EUR 48.8M
Next earnings date	2026-11-02
Price	EUR 2.68
Price currency	EUR
SIC code	3490
Stock price date	2026-10-28
Symbol	bul/HES
Website	https://www.hes.bg

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	17.44x
Average P/E ratio (3Y)	23.41x
Average P/E ratio (5Y)	19.69x
Earnings yield	6.42%
EV/Earnings	15.35x
EV/EBIT	14.58x
EV/EBITDA	8.63x
EV/FCF	829.51x
EV/Sales	1.07x
FCF / EV yield	0.12%
FCF yield	0.12%
Graham number	2.16065
Graham upside	-19.38%
Lynch fair value	EUR 0.86
Lynch upside	-67.92%
P/B ratio	2.22x
P/E ratio	15.59x
P/FCF ratio	840.39x
P/OCF ratio	30.77x
P/S ratio	1.09x
Price / tangible book value	2.27x
Price/EBITDA ratio	8.75x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	7.35%
EBITDA margin	12.41%
Effective tax rate	10.2%
FCF margin	0.13%
Gross margin	46.58%
Operating margin	7.35%
Pretax margin	7.77%
Profit margin	6.98%
Profit per employee	EUR 6,412
Revenue per employee	EUR 91,855
ROA	6.13%
ROA (5Y)	7.04%
ROCE	14.85%
ROE	13.02%
ROE (5Y)	12.97%
ROIC	13.9%
ROIC (5Y)	13.47%
Tax / revenue	0.79%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	48.2%
EPS growth (Q)	44.92%
EPS growth (QoQ)	0%
EPS growth 10Y	10.27%
EPS growth 3Y	-2.67%
EPS growth 5Y	-6.36%
FCF growth	0.43%
FCF growth (Q)	-24.01%
FCF growth (QoQ)	0%
FCF growth 3Y	-35.24%
Gross profit growth	25.2%
Gross profit growth (Q)	16.87%
Gross profit growth 3Y	2.79%
Gross profit growth 5Y	10.26%
Net income growth	46.15%
Net income growth (Q)	41.68%
Net income growth (QoQ)	0%
Net income growth 3Y	-2.6%
Net income growth 5Y	-6.47%
OCF growth	-12.14%
OCF growth (Q)	-2.27%
OCF growth (QoQ)	0%
OCF growth 10Y	14.87%
OCF growth 3Y	-17.36%
OCF growth 5Y	14.7%
Operating income growth	27.65%
Operating income growth (Q)	8.91%
Operating income growth 3Y	-4.79%
Operating income growth 5Y	-4.23%
Revenue growth	15.99%
Revenue growth (Q)	1.71%
Revenue growth (QoQ)	0%
Revenue growth 10Y	9.37%
Revenue growth 3Y	-3.2%
Revenue growth 5Y	8.93%

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	EUR -1.5M
Depreciation and amortization	EUR 2.3M
EBIT	EUR 3.3M
EBITDA	EUR 5.6M
EPS	EUR 0.17
FCF per share	EUR 0.00
Financing cash flow	EUR -1.1M
Free cash flow	EUR 58,020
Gross profit	EUR 20.9M
Income taxes	EUR 355,972
Investing cash flow	EUR -1.3M
Net borrowing	EUR -1M
Net cash flow	EUR -797,642
Net income	EUR 3.1M
Operating income	EUR 3.3M
Revenue	EUR 44.9M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	5.82
Book value per share	EUR 1.21
Debt / equity	0
Interest coverage	60.28
Long-term assets	EUR 13.6M
Long-term liabilities	EUR 270,000
Net cash (debt)	EUR 631,000
Net cash / market cap	1.29%
Net cash growth	51.41%
Net debt / EBITDA	-0.11
Net debt / equity	-0.03
Net debt / FCF	-10.88
Piotroski F-Score	6
Property, plant and equipment	EUR 8.8M
Shareholders' equity	EUR 22M
Tangible book value	EUR 21.5M
Tangible book value per share	EUR 1.18
Total assets	EUR 30.8M
Total cash	EUR 631,000
Total debt	EUR 0
Total liabilities	EUR 8.8M
WACC	4.03%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.33
Current assets	EUR 17.2M
Current liabilities	EUR 8.6M
Current ratio	2.01
Inventory turnover	4.76
Net working capital	EUR 8M
Quick ratio	1.32
Working capital	EUR 8.6M
Working capital turnover	5.84

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Dividend growth	7.84%
Dividend growth (10Y)	1.33%
Dividend growth (3Y)	-11.79%
Dividend growth (5Y)	-2.72%
Dividend growth years	1
Dividend payment date	2026-07-20
Dividend payment years	22
Dividend payout frequency	Annual
Dividend per share	EUR 0.21
Dividend yield	7.84%
Ex-dividend date	2026-06-10
FCF payout ratio	3,630.92%
Last dividend	EUR 0.12
Payout ratio	67.34%
Shareholder yield	7.84%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	32.61%
10Y return CAGR	7.58%
10Y total return	107.68%
150-day SMA	EUR 2.70
15Y price change	166.93%
15Y return CAGR	11.44%
15Y total return	407.97%
1D price change	0%
1M price change	-2.19%
1M total return	-2.19%
1W price change	1.52%
1W total return	1.52%
1Y price change	1.79%
1Y return CAGR	6.14%
1Y total return	6.13%
20-day SMA	EUR 2.69
200-day SMA	EUR 2.68
3M price change	-0.74%
3M total return	-0.74%
3Y price change	-12.65%
3Y return CAGR	-0.55%
3Y total return	-1.64%
50-day SMA	EUR 2.70
50-day SMA vs 200-day SMA	50over200
52-week high	EUR 3.00
52-week high date	2026-06-01
52-week low	EUR 2.47
52-week low date	2025-10-28
5Y price change	-18.09%
5Y return CAGR	0.28%
5Y total return	1.39%
6M price change	-0.74%
6M total return	3.51%
All-time high	EUR 3.63
All-time high date	2022-05-18
All-time low	EUR 0.20
All-time low date	2009-02-17
Average true range (ATR)	EUR 0.04
Average volume	963.8
Beta (1Y)	-0.01
Beta (2Y)	0.06
Beta (5Y)	-0.04
Change from 52-week high	-10.67%
Change from 52-week low	8.72%
Change from all-time high	-26.21%
Change from all-time low	1,242.01%
Change from open	0%
Day's gap	0%
Dollar volume	EUR 322
High price	EUR 2.68
Low price	EUR 2.68
Monthly RSI	47.53
Open price	EUR 2.68
Previous close	EUR 2.68
Price vs 150-day SMA	-0.89%
Price vs 20-day SMA	-0.19%
Price vs 200-day SMA	-0.07%
Price vs 50-day SMA	-0.7%
Relative volume	0.12
RSI	49.95
Sharpe ratio	0.18
Sharpe ratio (3Y)	0.2
Sharpe ratio (5Y)	0.3
Sortino ratio	0.39
Sortino ratio (3Y)	0.46
Sortino ratio (5Y)	0.63
Volume	120
Weekly RSI	49.49
YTD price change	2.92%
YTD total return	7.32%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	4.9M
Shares change (QoQ)	0%
Shares held by insiders	0.02%
Shares held by institutions	8.83%
Shares outstanding	18.2M

Deeper analysis on BUL/HES

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this BUL/HES report

Is a complete BUL/HES research report available?

No complete published report is available for bul/HES (BUL/HES) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

BUL/HES (BUL/HES)

Price

Financial snapshot

Fair-value bridge

Latest news · BUL/HES

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BUL/HES indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BUL/HES

Frequently asked questions