Eurohold Bulgaria AD

Eurohold Bulgaria AD

8.00
PLN
+1.10
(+15.94%)
3.46P/E
Eurohold Bulgaria AD
GPW:EHG
(Warsaw Stock Exchange)

Recent

price

8.00

P/E

ratio

3.46

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
BGN
3.36
1.53
1.68
4.02
3.71
1.86
4.98
4.68
1.94
5.06
3.73
4.26
7.89
5.45
5.56
6.26
12.3
Revenue per Share
0.02
- -
-0.04
0.02
-0.12
-0.26
0.07
0.12
0.04
- -
-0.18
0.1
-0.33
0.15
0.07
0.2
0.4
Basic EPS, GAAP
0.15
0.14
0.06
0.16
-0.45
-0.13
-0.07
0.14
-0.01
0.1
-0.02
-0.23
0.37
0.6
- -
0.47
0.93
Free Cash Flow per Basic Share
- -
0.01
- -
- -
- -
- -
- -
0.01
0.01
0.02
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.26
0.79
0.72
1.41
1.18
0.34
0.62
0.86
0.44
0.04
-0.19
0.36
0.07
0.21
0.46
0.7
0.33
Book Value per Share
-0.2
0.01
-0.05
-0.1
-0.34
-0.43
-0.88
-0.11
-0.06
-0.94
-0.69
-0.21
-0.36
-0.21
0.05
0.3
0.73
Tangible Book Value per Share
63
128
128
128
128
128
124
145
197
197
194
227
260
260
260
260
260
Basic Weighted Avg Shares
211
196
214
514
474
238
620
681
383
997
725
970
2,055
1,418
1,448
1,631
3,203
Sales/Revenue/Turnover
0.84
-0.75
- -
- -
- -
- -
- -
- -
- -
- -
-3.62
3.12
3.52
3.53
6.27
7.78
7.78
Operating Margin (%)
5
4
4
7
7
4
7
8
5
21
11
32
60
57
60
64
125
Depreciation Expense
1
- -
-5
2
-15
-33
8
18
7
- -
-35
24
-86
39
17
52
103
Net Income, GAAP
0.58
- -
- -
31.35
- -
- -
23.37
8.48
5.58
42.07
- -
- -
56.52
- -
38.58
18.49
18.49
Effective Tax Rate (%)
0.6
-0.07
-2.19
0.44
-3.25
-13.81
1.37
2.66
1.91
0.05
-4.87
2.46
-4.19
2.77
1.19
3.21
3.21
Profit Margin (%)
34
67
- -
- -
- -
- -
- -
- -
- -
- -
454
729
233
357
273
159
312
Working Capital
91
78
75
106
165
87
283
265
172
318
194
539
656
559
688
713
1,399
LT Debt
105
126
118
230
188
56
115
214
106
31
-27
189
26
64
138
200
393
Total Equity
0.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.66
- -
4.78
11.08
11.18
Return on Invested Capital (%)
0.63
- -
- -
2.33
- -
- -
5.83
9.42
6.88
2.6
- -
- -
-4.56
- -
4.77
11.17
13
Return on Capital (%)
1
-0.11
-4.84
1.26
-12.73
-54.86
10.32
17.14
8.48
0.54
- -
- -
-85.94
89.44
15.38
34.73
- -
Return on Common Equity (%)

Capital Structure

BGN

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
161
191
212
LT Borrowings
1,366
1,368
1,349
LT Finance Leases
58
59
50
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
260
260
260
Market Capitalization
278
346
356

Working Capital

BGN

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
966
899
1,082
Cash, Cash Equivalents & STI
296
243
321
Accounts Receivable, Net
616
596
442
Inventories
44
47
43
Total Current Liabilities
517
512
770
Payables & Accruals
- -
- -
- -
ST Debt
161
191
212
Deferred Revenue
- -
- -
- -

Growth Rates

BGN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-69.28%
-115.26%
45.2%
Free Cash Flow
990.88%
2,311.8%
10,861.67%
Net Income, GAAP
-825.1%
-125.17%
204.26%
Sales/Revenue/Turnover
38.87%
25.89%
12.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BGN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
351
297
703
797
1,448
2025
476
321
695
940
1,631
2026
529
231
- -
- -
- -

Quarterly Earnings Per Share

BGN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
0.07
2025
0.07
- -
- -
- -
0.2
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

BGN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Eurohold Bulgaria AD (EHG.WA) is a leading public holding company based in Sofia, Bulgaria, founded in 1995, that primarily engages in the acquisition, management, and oversight of subsidiaries operating in the insurance, energy, and financial services sectors across Central and Southeastern Europe. The company, headquartered at 43 Christopher Columbus Blvd., Sofia, controls key subsidiaries including Electrohold, which manages one of the region's largest energy utility groups offering electricity distribution, transmission, supply, and connection services; Euroins Insurance Group, providing non-life insurance products such as motor, property, health, and general liability coverage; and additional financial and leasing services. Eurohold serves approximately 7 million customers in 11 European countries including Bulgaria, North Macedonia, Greece, Romania, Belarus, Georgia, Ukraine, Spain, Italy, Poland, and Germany, with annual revenues exceeding EUR 2.8 billion and total assets around EUR 2.76 billion. In the energy segment, operations encompass power distribution networks, electricity trading, and renewable energy initiatives through Electrohold; insurance activities focus on multi-line policies distributed via freedom of establishment and services across CEE and SEE markets; while financial services include leasing, investment management, and automotive-related financing. The holding maintains a growth strategy centered on acquisitions, having completed over 30 transactions historically, including the notable purchase of CEZ Bulgaria assets and recent share increases in Euroins Insurance Group AD. Geographically, Eurohold holds leading positions in Bulgaria and extends operations throughout Southeastern and Central Europe. Recent developments include a refinancing of a EUR 60 million senior loan for its Eastern European Electric Company subsidiary in 2024 with support from the European Bank for Reconstruction and Development; major shareholding notifications, share issuances, and related party transactions reported in June 2025 under EU MAR regulations; and a shift to profitability with BGN 64.5 million consolidated profit for the nine months ended September 30, 2025, compared to a prior-year loss. In 2024, the company recorded consolidated revenues of BGN 2.80 billion and earnings of BGN 33.83 million, reflecting modest growth amid ongoing portfolio optimization and regulatory compliance efforts.