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Tanzanian (DSEI) Market Analysis & Valuation

UpdatedMay 23, 2024
DataAggregated Company Financials
Companies18
  • 7D0.7%
  • 3M1.3%
  • 1Y7.9%
  • YTD3.5%

The market has stayed flat over the 7 days. Meanwhile, the market is actually up 7.9% over the past year. Earnings are forecast to grow by 12% annually.

Market Valuation and Performance

Has the Tanzanian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 May 2024TSh11.6tTSh5.8tTSh1.4t7.3x8.1x2x
Sat, 20 Apr 2024TSh11.5tTSh5.6tTSh1.4t6.7x8.5x2x
Mon, 18 Mar 2024TSh11.4tTSh5.6tTSh1.4t6.8x8.4x2x
Wed, 14 Feb 2024TSh11.4tTSh5.6tTSh1.4t6.7x8.3x2x
Fri, 12 Jan 2024TSh11.2tTSh5.4tTSh1.3t7x8.8x2.1x
Sun, 10 Dec 2023TSh11.2tTSh5.5tTSh1.3t7.6x8.8x2.1x
Tue, 07 Nov 2023TSh11.3tTSh5.4tTSh1.3t7.6x8.8x2.1x
Thu, 05 Oct 2023TSh11.2tTSh5.3tTSh1.2t7.4x9x2.1x
Sat, 02 Sep 2023TSh11.0tTSh5.2tTSh1.2t9.4x9x2.1x
Mon, 31 Jul 2023TSh10.8tTSh5.0tTSh1.1t8.9x9.4x2.1x
Wed, 28 Jun 2023TSh10.8tTSh5.0tTSh1.1t8.9x9.5x2.2x
Fri, 26 May 2023TSh10.8tTSh5.0tTSh1.1t8.7x9.5x2.2x
Sun, 23 Apr 2023TSh11.0tTSh4.9tTSh1.1t8.4x9.8x2.2x
Tue, 21 Mar 2023TSh10.6tTSh4.9tTSh1.1t8.4x9.5x2.2x
Thu, 16 Feb 2023TSh10.6tTSh4.9tTSh1.1t8.4x9.5x2.2x
Sat, 14 Jan 2023TSh10.2tTSh4.0tTSh931.1b9.6x11x2.6x
Mon, 12 Dec 2022TSh10.1tTSh4.0tTSh923.1b10.6x10.9x2.5x
Wed, 09 Nov 2022TSh10.0tTSh3.9tTSh882.9b10.8x11.3x2.5x
Fri, 07 Oct 2022TSh10.1tTSh3.8tTSh834.5b12.1x12.1x2.6x
Sun, 04 Sep 2022TSh10.2tTSh3.8tTSh834.0b13.2x12.2x2.7x
Tue, 02 Aug 2022TSh10.1tTSh2.9tTSh622.6b10.9x16.2x3.4x
Thu, 30 Jun 2022TSh10.2tTSh4.4tTSh822.6b10.3x12.5x2.3x
Sat, 28 May 2022TSh10.3tTSh4.4tTSh819.9b11.5x12.6x2.4x
Mon, 25 Apr 2022TSh10.1tTSh3.3tTSh756.9b11.5x13.3x3.1x
Wed, 23 Mar 2022TSh10.0tTSh4.6tTSh754.8b11.8x13.3x2.2x
Fri, 18 Feb 2022TSh9.9tTSh4.6tTSh754.8b10.9x13.1x2.2x
Sun, 16 Jan 2022TSh9.5tTSh4.4tTSh683.5b11.5x13.9x2.2x
Tue, 14 Dec 2021TSh9.2tTSh4.4tTSh683.9b9.7x13.4x2.1x
Thu, 11 Nov 2021TSh9.0tTSh4.4tTSh652.4b10.6x13.8x2.1x
Sat, 09 Oct 2021TSh9.3tTSh4.3tTSh600.6b11.1x15.5x2.2x
Mon, 06 Sep 2021TSh9.4tTSh4.6tTSh545.6b10.8x17.3x2x
Wed, 04 Aug 2021TSh9.4tTSh4.5tTSh581.5b12.3x16.2x2.1x
Price to Earnings Ratio

17.1x


Total Market Cap: TSh9.3tTotal Earnings: TSh546.1bTotal Revenue: TSh4.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Tanzanian Market Price to Earnings3Y Average 11.7x202220232024
Current Market PE
  • Investors are pessimistic on the Tanzanian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 8.1x which is lower than its 3-year average PE of 11.7x.
Past Earnings Growth
  • The earnings for Tanzanian listed companies have grown 38% per year over the last three years.
  • Revenues for these companies have grown 9.4% 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 Tanzanian Market?

TZ Market0.68%
Financials1.97%
Energy0%
Real Estate0%
Materials0%
Industrials0%
Consumer Discretionary0%
Consumer Staples0%
Healthcare0%
Tech0%
Telecom0%
Utilities0%
Sector PE
  • Investors favour the Telecom sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 25.1%, which is lower than the prior year's growth of 175.3% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 4.0x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 25% over the next 5 years.
  • However this is lower than its past earnings growth rate of 175% per year.
  • In contrast, the Consumer Staples sector is expected to see its earnings grow by 5.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
NMB NMB BankTSh5.20k5.3%
+TSh130.0b
49.4%PB1.2xFinancials
MKCB Mkombozi Commercial BankTSh630.001.6%
+TSh235.6m
n/aPB0.5xFinancials
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Latest News

MKCB

TSh630.00

Mkombozi Commercial Bank

7D

1.6%

1Y

n/a

NMB

TSh5,200.00

NMB Bank

7D

5.3%

1Y

49.4%

CRDB

TSh480.00

CRDB Bank

7D

-4.0%

1Y

-4.0%

TICL

TSh185.00

TCCIA Investment

7D

-2.6%

1Y

n/a