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Bursa de Valori Bucuresti

Bursa de Valori Bucuresti

BBVB:BVB
82.40
RON
-1.60
(-1.90%)
2.17EPS
24.44P/E
582.21MMarket Cap
Nov 17Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.58
4.18
3.25
3.33
4.01
4
3.51
4.25
4.64
5.68
8.32
8.43
8.68
10.31
Basic EPS, GAAP
1
1.44
0.68
0.8
1.5
0.98
0.64
0.71
0.65
1.07
2.48
1.41
1.22
2.4
Free Cash Flow per Basic Share
0.78
0.64
3.87
0.29
0.59
0.78
0.62
0.82
0.71
0.82
1.46
-0.56
0.14
1.2
Dividend per Share
0.93
0.94
1.25
0.74
0.74
1.32
0.88
0.65
0.86
0.78
1.03
1.32
0.01
- -
Book Value per Share
10.31
10.61
10.2
10.3
11.53
11.12
10.87
10.93
10.75
11.04
13.01
12.61
13.97
17.24
Tangible Book Value per Share
10.31
10.45
10.06
10.1
11.2
10.78
10.54
10.55
10.37
10.58
12.33
11.74
12.51
15.41
Basic Weighted Avg Shares
9
9
9
9
9
10
10
10
10
10
10
9
10
10
Sales/Revenue/Turnover
24
40
31
32
38
40
35
42
46
57
83
79
84
101
Operating Margin (%)
33.27
28.96
12.63
19.95
25.2
22.7
11.04
11.65
6.53
16.8
30.46
13.15
7.37
19.47
Depreciation Expense
1
1
1
2
2
2
4
5
5
5
7
8
13
14
Net Income, GAAP
9
14
6
8
14
10
6
7
6
11
25
13
12
24
Effective Tax Rate (%)
14.02
15.89
17.08
14.56
- -
16.4
16.49
14.95
16.66
15.24
14.2
24.05
17.83
21.55
Profit Margin (%)
38.85
34.49
20.99
24.03
37.31
24.48
18.32
16.78
14
18.79
29.83
16.67
14.09
23.26
Working Capital
37
45
28
25
64
45
87
69
79
80
97
84
138
153
LT Debt
- -
- -
- -
- -
- -
- -
3
2
5
3
18
19
17
17
Total Equity
98
114
109
108
125
120
150
149
145
154
178
182
203
233
Return on Invested Capital (%)
- -
8.86
2.39
4.73
- -
6.07
2.32
3.04
1.46
4.79
11.32
3.86
2.19
6.8
Return on Capital (%)
- -
12.85
6.04
6.74
- -
7.56
4.55
5.27
5.2
7.12
13.72
7.66
7.33
11.75
Return on Common Equity (%)
- -
13.78
6.56
7.81
13.4
8.68
5.88
6.57
6.04
9.86
20.75
10.33
8.99
15.71

Capital Structure

RON

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
17
17
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
375
432
582

Working Capital

RON

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
177
199
201
Cash, Cash Equivalents & STI
144
161
163
Accounts Receivable, Net
9
12
11
Inventories
- -
- -
- -
Total Current Liabilities
39
63
48
Payables & Accruals
- -
- -
- -
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

RON

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.77%
6.6%
11.87%
Free Cash Flow
-11.78%
-36.16%
-125.28%
Net Income, GAAP
18.09%
26.31%
-9.5%
Sales/Revenue/Turnover
11.63%
16.04%
7.07%
Total Cash Common Dividend
-3.67%
-4.73%
-98.91%

Quarterly Revenue

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17
21
19
20
79
2025
17
21
23
23
84
2026
28
27
- -
- -
- -

Quarterly Earnings Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.58
0.25
0.26
1.41
2025
- -
0.31
0.54
0.38
1.22
2026
0.82
0.65
- -
- -
- -

Quarterly Dividends Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1.24
- -
1.32
2025
- -
0.01
- -
- -
0.01
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Dumitru-Remus Vulpescu
Full Time Employees
123
Sector
Finance
Industry
Investment banks/Brokers
Address
Bucharest Romania
IPO Date
Jun 8, 2010
Website
bvb.ro
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Business
Bursa de Valori Bucuresti SA is a Romania-based market infrastructure operator that manages and regulates the domestic securities exchange. The company operates through several core business segments, including Capital Markets, Post-Trade Services, Registry Services, and Central Counterparty Operations. Bursa de Valori Bucuresti provides trading venue operations across its Regulated Market and multilateral trading facility, the AeRO market, facilitating transactions in equities, sovereign bonds, municipal debt, corporate bonds, rights, fund units, and exchange-traded funds; electronic trading architecture and connectivity solutions powered by the proprietary ARENA trading system and automated trading interfaces; market data distribution services encompassing real-time pricing feeds, delayed market feeds, historical datasets, and reference data; index administration and calculation services for benchmark indicators including the BET, BET-TR, BET-XT, BET-BK, BET-FI, BET-NG, and ROTX indices; listing, admission, and compliance monitoring services for public companies; post-trade custody, settlement, and depository operations conducted through its subsidiary Depozitarul Central SA; shareholder registry maintenance, proxy voting support, and corporate dividend distribution processing; and clearing and risk management infrastructure developed through CCP.RO Bucharest SA. The exchange caters to domestic and international institutional investors, retail market participants, licensed brokerages, and corporate issuers across Romania and Central and Eastern Europe. Originally established in 1882 and re-established in 1995, the company is headquartered in Bucharest, Romania. Recent corporate developments include the regulatory authorization by the Financial Supervisory Authority of CCP.RO Bucharest SA to operationalize a domestic central counterparty and support the reactivation of the Romanian derivatives market, the implementation of a revised Corporate Governance Code aligned with OECD standards and European Union sustainability reporting directives, the publication of initial aggregated ESG issuer monitoring reports, and the execution of post-trade infrastructure modernization protocols via ISO 20022 standards at Depozitarul Central SA.