Ivorian (BRVM) Market Analysis & Valuation
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies43
- 7D-1.3%
- 3M5.0%
- 1Y13.2%
- YTD3.8%
Over the last 7 days, the market has dropped 1.3%, driven by a loss of 3.3% in the Communication Services sector. In the last year, the market is actually up 13%.
Market Valuation and Performance
Has the Ivorian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 May 2024 | XOF7.7t | XOF8.0t | XOF901.2b | 7.9x | 8.6x | 1x |
| Fri, 19 Apr 2024 | XOF7.7t | XOF7.1t | XOF832.7b | 8.6x | 9.2x | 1.1x |
| Sun, 17 Mar 2024 | XOF7.4t | XOF7.8t | XOF885.6b | 7.3x | 8.4x | 1x |
| Tue, 13 Feb 2024 | XOF7.3t | XOF6.7t | XOF745.0b | 7.1x | 9.8x | 1.1x |
| Thu, 11 Jan 2024 | XOF7.4t | XOF6.7t | XOF744.7b | 7.1x | 9.9x | 1.1x |
| Sat, 09 Dec 2023 | XOF7.3t | XOF6.8t | XOF756.1b | 7.3x | 9.7x | 1.1x |
| Mon, 06 Nov 2023 | XOF7.3t | XOF6.9t | XOF783.0b | 6.9x | 9.3x | 1.1x |
| Wed, 04 Oct 2023 | XOF7.3t | XOF6.9t | XOF810.4b | 7.2x | 9x | 1.1x |
| Fri, 01 Sep 2023 | XOF7.1t | XOF6.8t | XOF797.6b | 7x | 9x | 1x |
| Sun, 30 Jul 2023 | XOF7.2t | XOF6.6t | XOF795.0b | 7.2x | 9x | 1.1x |
| Tue, 27 Jun 2023 | XOF6.8t | XOF6.6t | XOF792.5b | 6.7x | 8.6x | 1x |
| Thu, 25 May 2023 | XOF6.7t | XOF6.0t | XOF755.6b | 6.6x | 8.9x | 1.1x |
| Sat, 22 Apr 2023 | XOF6.9t | XOF5.8t | XOF767.9b | 7x | 9x | 1.2x |
| Mon, 20 Mar 2023 | XOF7.2t | XOF6.3t | XOF792.2b | 7.3x | 9.1x | 1.1x |
| Wed, 15 Feb 2023 | XOF7.1t | XOF6.3t | XOF770.5b | 7.3x | 9.2x | 1.1x |
| Fri, 13 Jan 2023 | XOF5.3t | XOF6.2t | XOF762.0b | 6.9x | 7x | 0.9x |
| Sun, 11 Dec 2022 | XOF5.3t | XOF6.2t | XOF767.1b | 7.1x | 6.9x | 0.9x |
| Tue, 08 Nov 2022 | XOF5.5t | XOF6.2t | XOF768.1b | 7.7x | 7.2x | 0.9x |
| Thu, 06 Oct 2022 | XOF5.6t | XOF6.1t | XOF768.2b | 7.8x | 7.3x | 0.9x |
| Sat, 03 Sep 2022 | XOF5.6t | XOF6.0t | XOF756.9b | 8x | 7.5x | 0.9x |
| Mon, 01 Aug 2022 | XOF5.8t | XOF6.0t | XOF760.3b | 8x | 7.6x | 1x |
| Wed, 29 Jun 2022 | XOF5.8t | XOF5.9t | XOF751.5b | 8.2x | 7.7x | 1x |
| Fri, 27 May 2022 | XOF5.6t | XOF5.9t | XOF753.5b | 7.5x | 7.5x | 1x |
| Sun, 24 Apr 2022 | XOF6.0t | XOF5.4t | XOF705.6b | 8.1x | 8.5x | 1.1x |
| Tue, 22 Mar 2022 | XOF5.9t | XOF5.4t | XOF695.1b | 8x | 8.5x | 1.1x |
| Thu, 17 Feb 2022 | XOF5.7t | XOF5.3t | XOF674.8b | 8.3x | 8.5x | 1.1x |
| Sat, 15 Jan 2022 | XOF5.5t | XOF5.4t | XOF677.3b | 7.7x | 8.1x | 1x |
| Mon, 13 Dec 2021 | XOF5.5t | XOF5.3t | XOF675.5b | 7.7x | 8.1x | 1x |
| Wed, 10 Nov 2021 | XOF5.3t | XOF5.3t | XOF657.1b | 8x | 8.1x | 1x |
| Fri, 08 Oct 2021 | XOF5.1t | XOF5.1t | XOF634.7b | 8.5x | 8.1x | 1x |
| Sun, 05 Sep 2021 | XOF4.8t | XOF5.4t | XOF607.6b | 7.2x | 8x | 0.9x |
| Tue, 03 Aug 2021 | XOF4.6t | XOF5.4t | XOF607.6b | 6.9x | 7.5x | 0.9x |
Price to Earnings Ratio
7.4x
Current Market PE
- Investors are relatively neutral on the Ivorian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 8.4x.
Past Earnings Growth
- The earnings for Ivorian listed companies have grown 16% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Ivorian Market?
| CI Market | -1.27% | |
| Utilities | 5.66% | |
| Financials | 1.31% | |
| Consumer Staples | 0.59% | |
| Real Estate | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Consumer Discretionary | -0.04% | |
| Energy | -0.69% | |
| Telecom | -3.31% | |
| Industrials | -5.38% | |
| Materials | -20.67% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 12.9x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| ECOC Ecobank Côte d'Ivoire | XOF7.30k | 7.2% +XOF27.0b | 30.4% | PB2.6x | Financials | |
| CBIBF Coris Bank International | XOF9.90k | 4.2% +XOF13.1b | 23.8% | PB1.4x | Financials | |
| BICC Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire | XOF8.30k | 3.9% +XOF5.3b | 24.0% | PB1.7x | Financials | |
| SOGC Société des Caoutchoucs de Grand-Béréby Société Anonyme | XOF3.15k | 4.5% +XOF2.9b | -33.0% | PE12.9x | Consumer Staples | |
| CIEC Compagnie Ivoirienne d'Électricité (CIE) | XOF1.78k | 2.3% +XOF2.2b | -11.7% | PE8.7x | Utilities |
