BUL/37C (BUL/37C)

Bulgarian Stock Exchange: BUL/37C · EUR

€9.93

-0.17 (-1.7%)· Recorded snapshot

Market cap	12.2B
Revenue (ttm)	15.9B
Net income (ttm)	272.2M
EPS (ttm)	€0.22
P/E (trailing)	44.3x
P/E (forward)	20.1x

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 15.9B
Net income (ttm): 272.2M
EPS (ttm): €0.22
P/E (trailing): 44.3x
P/E (forward): 20.1x
Market cap: 12.2B

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/E20.1

P25 n/aP50 n/aP75 n/a

Trailing P/E44.3

P25 n/aP50 n/aP75 n/a

ROE3.9

P25 n/aP50 n/aP75 n/a

ROIC1.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All BUL/37C indicators

Market & fundamental data

Available fields

210

Groups with data

Currency

USD

Showing 210 of 210 available metrics for this ticker.

Profile and market data

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

Metric	Value
Amount currency	EUR
Country	Netherlands
Country code	BG
Earnings date	2026-11-09
Employees	34,197
Employees change	-1,653
Employees growth	-4.61%
Enterprise value	EUR 34.6B
Exchange	Bulgarian Stock Exchange
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-09-19
Fiscal year end	December
Founded	1842
Industry	Farm & Heavy Construction Machinery
Is primary listing	No
ISIN number	NL0010545661
Last refreshed	2026-10-29
Market cap	EUR 12.2B
Next earnings date	2026-11-09
Price	EUR 9.93
Price currency	EUR
Sector	Industrials
SIC code	3523
Stock price date	2026-10-28
Symbol	bul/37C
Website	https://www.cnh.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	20.37x
Average P/E ratio (3Y)	17.35x
Average P/E ratio (5Y)	14.91x
Earnings yield	2.26%
EV/Earnings	127.25x
EV/EBIT	59.95x
EV/EBITDA	31.94x
EV/FCF	64.77x
EV/Sales	2.12x
FCF / EV yield	1.54%
FCF yield	4.38%
Forward P/E	20.05x
Graham number	5.27459
Graham upside	-46.88%
Lynch fair value	EUR 1.11
Lynch upside	-88.86%
P/B ratio	1.78x
P/E ratio	44.26x
P/FCF ratio	22.84x
P/OCF ratio	7.82x
P/S ratio	0.77x
Price / tangible book value	4.52x
Price/EBITDA ratio	13.24x

Profitability

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

Metric	Value
EBIT margin	3.28%
EBITDA margin	5.8%
Effective tax rate	26.02%
FCF margin	3.28%
Gross margin	17.76%
Operating margin	3.28%
Pretax margin	2.28%
Profit margin	1.71%
Profit per employee	EUR 7,960
Profitable quarters	23
Profitable years	5
Revenue per employee	EUR 465,460
ROA	0.87%
ROA (5Y)	2.88%
ROCE	1.66%
ROE	3.91%
ROE (5Y)	22.47%
ROIC	1.35%
ROIC (5Y)	6.01%
Tax / revenue	0.59%

Growth

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

Metric	Value
EPS growth	-61.45%
EPS growth (Q)	-35.29%
EPS growth (QoQ)	1,850.35%
EPS growth 3Y	-47.1%
EPS growth 5Y	1.12%
EPS growth years	0
FCF growth	-71.38%
FCF growth 5Y	-33.75%
Gross profit growth	-9.42%
Gross profit growth (Q)	-11.57%
Gross profit growth 3Y	-17.47%
Gross profit growth 5Y	-7.59%
Net income growth	-62.21%
Net income growth (Q)	-35.21%
Net income growth (QoQ)	1,871.43%
Net income growth 3Y	-48.7%
Net income growth 5Y	-0.57%
Net income growth years	0
OCF growth	-47.79%
OCF growth (Q)	-81.22%
OCF growth (QoQ)	314.29%
OCF growth 10Y	-4.58%
OCF growth 3Y	26.8%
OCF growth 5Y	-22.46%
Operating income growth	-47.21%
Operating income growth (Q)	-11.33%
Operating income growth 3Y	-41.68%
Operating income growth 5Y	-22.4%
Revenue growth	0.64%
Revenue growth (Q)	1.95%
Revenue growth (QoQ)	25.54%
Revenue growth 10Y	-3.18%
Revenue growth 3Y	-9.74%
Revenue growth 5Y	-5.6%
Revenue growth quarters	1
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	EUR -1B
Depreciation and amortization	EUR 409.9M
EBIT	EUR 522.6M
EBITDA	EUR 922.6M
EPS	EUR 0.22
Financing cash flow	EUR -1.6B
Free cash flow	EUR 534.8M
Gross profit	EUR 2.8B
Income taxes	EUR 94.5M
Investing cash flow	EUR -599.6M
Net borrowing	EUR -1.3B
Net cash flow	EUR -597.8M
Net income	EUR 272.2M
Operating income	EUR 522.6M
Revenue	EUR 15.9B

Financial strength

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

Metric	Value
Altman Z-Score	1.76
Book value per share	EUR 5.48
Debt / EBITDA	22.64
Debt / equity	3.35
Debt / FCF	43.06
Goodwill	EUR 3.1B
Interest coverage	3.73
Long-term assets	EUR 9.3B
Long-term liabilities	EUR 24.4B
Net cash (debt)	EUR -21.8B
Net cash / market cap	-178.41%
Net debt / EBITDA	23.62
Net debt / equity	3.17
Net debt / FCF	40.75
Piotroski F-Score	6
Property, plant and equipment	EUR 2B
Shareholders' equity	EUR 6.9B
Tangible book value	EUR 2.7B
Tangible book value per share	EUR 2.18
Total assets	EUR 36.9B
Total cash	EUR 1.2B
Total debt	EUR 23B
Total liabilities	EUR 30B

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.42
Current assets	EUR 27.6B
Current liabilities	EUR 5.7B
Current ratio	4.88
Inventory turnover	2.47
Net working capital	EUR 20.2B
Quick ratio	3.95
Working capital	EUR 21.4B
Working capital turnover	0.63

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	0.6%
Payout ratio	39.87%
Shareholder yield	0.6%

Performance and technicals

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

Metric	Value
150-day SMA	EUR 9.78
1D price change	-1.68%
1M price change	-13.58%
1M total return	-13.58%
1W price change	-3.5%
1W total return	-3.5%
1Y price change	6.32%
1Y return CAGR	6.32%
1Y total return	6.32%
20-day SMA	EUR 10.70
200-day SMA	EUR 9.77
3M price change	1.02%
3M total return	1.02%
3Y price change	-4.24%
3Y return CAGR	-1.43%
3Y total return	-4.24%
50-day SMA	EUR 10.91
50-day SMA vs 200-day SMA	50over200
52-week high	EUR 12.35
52-week high date	2026-09-23
52-week low	EUR 7.99
52-week low date	2025-12-02
6M price change	13.03%
6M total return	13.03%
All-time high	EUR 16.25
All-time high date	2023-01-30
All-time low	EUR 7.99
All-time low date	2025-12-02
Average true range (ATR)	EUR 0.22
Average volume	0
Change from 52-week high	-19.6%
Change from 52-week low	24.36%
Change from all-time high	-38.9%
Change from all-time low	24.36%
Monthly RSI	48.17
Previous close	EUR 10.10
Price vs 150-day SMA	1.49%
Price vs 20-day SMA	-7.19%
Price vs 200-day SMA	1.68%
Price vs 50-day SMA	-9.01%
RSI	36.95
Sharpe ratio	0.41
Sharpe ratio (3Y)	-0.03
Sortino ratio	0.77
Sortino ratio (3Y)	0.1
Weekly RSI	47.78
YTD price change	20.95%
YTD total return	20.95%

Ownership and float

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

Metric	Value
Float	1.2B
Shares change (QoQ)	-0.24%
Shares change (YoY)	-0.6%
Shares held by insiders	0.3%
Shares held by institutions	75.75%
Short ratio	2.6 days

Deeper analysis on BUL/37C

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.

→

Risks

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

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

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

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this BUL/37C report

Is a complete BUL/37C research report available?

No complete published report is available for bul/37C (BUL/37C) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

BUL/37C (BUL/37C)

Price

Financial snapshot

Fair-value bridge

Latest news · BUL/37C

Valuation

Profitability

Balance sheet

Next earnings

Sector percentile context

All BUL/37C 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/37C

Frequently asked questions