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Bermudian (BSX) Market Analysis & Valuation

UpdatedOct 22, 2024
DataAggregated Company Financials
Companies4
  • 7D1.0%
  • 3M-6.8%
  • 1Y-21.0%
  • YTD-19.2%

The market has climbed 1.0% in the last 7 days, lead by the Financials sector with a gain of 0.8%. Over the past year the market is down 21%.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Oct 2024BD$318.5mBD$729.3mBD$29.8m12.8x10.7x0.4x
Thu, 19 Sep 2024BD$319.7mBD$710.2mBD$33.8m15.5x9.4x0.5x
Sat, 17 Aug 2024BD$347.5mBD$721.7mBD$35.8m15.6x9.7x0.5x
Mon, 15 Jul 2024BD$419.9mBD$742.5mBD$55.9m9.9x7.5x0.6x
Wed, 12 Jun 2024BD$413.2mBD$723.6mBD$56.4m9.9x7.3x0.6x
Fri, 10 May 2024BD$431.7mBD$462.0mBD$48.4m8.9x8.9x0.9x
Sun, 07 Apr 2024BD$467.2mBD$473.9mBD$50.8m11x9.2x1x
Tue, 05 Mar 2024BD$461.6mBD$472.0mBD$51.1m10.4x9x1x
Thu, 01 Feb 2024BD$919.6mBD$725.0mBD$254.5m10.6x3.6x1.3x
Sat, 30 Dec 2023BD$940.3mBD$725.0mBD$254.5m10.6x3.7x1.3x
Mon, 27 Nov 2023BD$930.1mBD$715.3mBD$258.6m10.6x3.6x1.3x
Wed, 25 Oct 2023BD$927.3mBD$713.7mBD$257.5m11x3.6x1.3x
Fri, 22 Sep 2023BD$886.2mBD$687.4mBD$231.8m9.8x3.8x1.3x
Sun, 20 Aug 2023BD$898.9mBD$687.2mBD$231.7m10.1x3.9x1.3x
Tue, 18 Jul 2023BD$914.0mBD$677.9mBD$248.0m12x3.7x1.3x
Thu, 15 Jun 2023BD$912.9mBD$677.2mBD$247.7m12.2x3.7x1.3x
Sat, 13 May 2023BD$898.2mBD$677.5mBD$248.0m11.8x3.6x1.3x
Mon, 10 Apr 2023BD$874.4mBD$674.9mBD$247.9m11.8x3.5x1.3x
Wed, 08 Mar 2023BD$860.5mBD$667.8mBD$253.8m8.5x3.4x1.3x
Fri, 03 Feb 2023BD$879.1mBD$667.8mBD$253.8m8.5x3.5x1.3x
Sun, 01 Jan 2023BD$884.2mBD$667.8mBD$253.8m8.5x3.5x1.3x
Tue, 29 Nov 2022BD$865.7mBD$688.7mBD$241.2m8.5x3.6x1.3x
Thu, 27 Oct 2022BD$896.7mBD$688.7mBD$241.2m8.9x3.7x1.3x
Sat, 24 Sep 2022BD$885.0mBD$695.6mBD$246.4m5.1x3.6x1.3x
Mon, 22 Aug 2022BD$871.5mBD$736.7mBD$259.2m8.8x3.4x1.2x
Wed, 20 Jul 2022BD$899.2mBD$737.8mBD$259.7m5.2x3.5x1.2x
Fri, 17 Jun 2022BD$789.4mBD$736.0mBD$266.1m4.3x3x1.1x
Sun, 15 May 2022BD$824.3mBD$746.5mBD$269.4m4.5x3.1x1.1x
Tue, 12 Apr 2022BD$805.3mBD$692.7mBD$256.3m6.7x3.1x1.2x
Thu, 10 Mar 2022BD$388.2mBD$477.0mBD$64.9m5.8x6x0.8x
Sat, 05 Feb 2022BD$386.0mBD$549.6mBD$76.5m4.1x5x0.7x
Mon, 03 Jan 2022BD$469.2mBD$549.6mBD$76.5m5.3x6.1x0.9x
Wed, 01 Dec 2021BD$844.8mBD$620.3mBD$129.6m6.4x6.5x1.4x
Fri, 29 Oct 2021BD$842.4mBD$620.7mBD$129.9m7.4x6.5x1.4x
Price to Earnings Ratio

6.5x


Total Market Cap: BD$842.4mTotal Earnings: BD$129.9mTotal Revenue: BD$620.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Bermudian Market Price to Earnings3Y Average 5.1x202220232024
Current Market PE
  • Investors are optimistic on the Bermuda market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 10.7x which is higher than its 3-year average PE of 5.1x.
Past Earnings Growth
  • The earnings for Bermuda listed companies have declined 39% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Bermudian Market?

BM Market1.04%
Utilities3.33%
Financials0.80%
Energy0%
Real Estate0%
Materials0%
Industrials0%
Consumer Discretionary0%
Consumer Staples0%
Healthcare0%
Tech0%
Telecom0%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Sector PE
  • Investors favour the Utilities sector the most for future growth even though it's trading below its 3-year average PE ratio of 14.3x.
    • 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?

CompanyLast Price7D1YValuationSector
BFM.BH BF&MBD$19.251.3%
+BD$2.2m		-21.4%PE8.3xFinancials
WWW.BH Watlington WaterworksBD$31.003.3%
+BD$1.1m		n/aPE12.8xUtilities
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Latest News

BFM.BH

BD$19.25

BF&M

7D

1.3%

1Y

-21.4%

WWW.BH

BD$31.00

Watlington Waterworks

7D

3.3%

1Y

n/a