In the present study, 43 watersheds in Serbia and Bulgaria are taken for the morphometric analysis using digital elevation model in the environment of geographical information system. Statistical analysis, including correlation, regression and factor analysis is conducted with the following results and conclusions: (1) as evidenced in the correlation matrix, there is a high correlation between maximal discharges and watershed area, primarily and watershed length, secondarily; (2) the high correlation is found between independent variables watershed area and watershed length, as well as Melton index and relief ratio; (3) the multiple linear regression model encompassing all seven independent variables is obtaind with R squared of 70,99, indicating that the model as fitted to that extent explains the variability in maximal discharge, and adjusted R squared of 0,65. An additional multiple regression analysis is done excluding the watershed area, due to a high starting impact on the dependent variable. In this case, a multiple regression linear model is obtained with R squared=60,116 and adjusted R squared=0,53468, leading to the conclusion that the excluded parameter has a high influence which is also confirmed by the results in correlation matrix; (4) according to the rotated component matrix in principal component analysis, first component is mostly influenced by the relief ratio, Melton index and watershed length, while the second component is determined by parameters of relief characteristics, slope >25ᵒ and watershed relief. Having regard to the results of correlation and factor analyses the watersheds are prioritized on the basis of the morphometric parameters with a purpose to indicate the watersheds with the high priority for implementation of measures reducing the flood risks. Though morphometric study itself is not sufficient to explain extensively the occurrence of maximal discharges in the events of demolishing torrential floods, morphometric analysis may meaningfully contribute to the flood risk assessment.