Bermudian (BSX) Market Analysis & Valuation
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies11
- 7D-0.5%
- 3M0%
- 1Y-6.5%
- YTD-0.9%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. The past year hasn't been profitable, with the market dropping 6.5%.
Market Valuation and Performance
Has the Bermudian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | BD$882.9m | BD$687.4m | BD$231.8m | 9.8x | 3.8x | 1.3x |
| Fri, 25 Aug 2023 | BD$901.1m | BD$687.2m | BD$231.7m | 10.1x | 3.9x | 1.3x |
| Sun, 23 Jul 2023 | BD$912.6m | BD$677.9m | BD$248.0m | 12x | 3.7x | 1.3x |
| Tue, 20 Jun 2023 | BD$909.2m | BD$677.9m | BD$248.0m | 12.1x | 3.7x | 1.3x |
| Thu, 18 May 2023 | BD$912.5m | BD$677.5m | BD$248.0m | 11.8x | 3.7x | 1.3x |
| Sat, 15 Apr 2023 | BD$876.6m | BD$677.5m | BD$248.0m | 11.8x | 3.5x | 1.3x |
| Mon, 13 Mar 2023 | BD$861.6m | BD$667.8m | BD$253.8m | 8.5x | 3.4x | 1.3x |
| Wed, 08 Feb 2023 | BD$879.1m | BD$667.8m | BD$253.8m | 8.5x | 3.5x | 1.3x |
| Fri, 06 Jan 2023 | BD$884.2m | BD$667.8m | BD$253.8m | 8.5x | 3.5x | 1.3x |
| Sun, 04 Dec 2022 | BD$880.6m | BD$688.7m | BD$241.2m | 8.5x | 3.7x | 1.3x |
| Tue, 01 Nov 2022 | BD$896.7m | BD$688.7m | BD$241.2m | 8.9x | 3.7x | 1.3x |
| Thu, 29 Sep 2022 | BD$885.0m | BD$695.6m | BD$246.4m | 5.1x | 3.6x | 1.3x |
| Sat, 27 Aug 2022 | BD$911.0m | BD$695.5m | BD$246.6m | 5.7x | 3.7x | 1.3x |
| Mon, 25 Jul 2022 | BD$899.2m | BD$737.8m | BD$259.7m | 5.2x | 3.5x | 1.2x |
| Wed, 22 Jun 2022 | BD$789.4m | BD$736.0m | BD$266.1m | 4.3x | 3x | 1.1x |
| Fri, 20 May 2022 | BD$822.1m | BD$746.5m | BD$269.4m | 4.5x | 3.1x | 1.1x |
| Sun, 17 Apr 2022 | BD$805.3m | BD$692.7m | BD$256.3m | 6.7x | 3.1x | 1.2x |
| Tue, 15 Mar 2022 | BD$388.5m | BD$478.5m | BD$67.5m | 6.5x | 5.8x | 0.8x |
| Thu, 10 Feb 2022 | BD$383.9m | BD$549.6m | BD$76.5m | 4.1x | 5x | 0.7x |
| Sat, 08 Jan 2022 | BD$469.2m | BD$549.6m | BD$76.5m | 5.3x | 6.1x | 0.9x |
| Mon, 06 Dec 2021 | BD$846.5m | BD$620.3m | BD$129.6m | 6.4x | 6.5x | 1.4x |
| Wed, 03 Nov 2021 | BD$844.6m | BD$620.7m | BD$129.9m | 7.4x | 6.5x | 1.4x |
| Fri, 01 Oct 2021 | BD$811.2m | BD$609.1m | BD$113.4m | 9.4x | 7.2x | 1.3x |
| Sun, 29 Aug 2021 | BD$1.0b | BD$757.4m | BD$137.8m | 9.2x | 7.3x | 1.3x |
| Mon, 05 Jul 2021 | BD$942.4m | BD$757.4m | BD$137.8m | 9x | 6.8x | 1.2x |
| Thu, 08 Apr 2021 | BD$929.9m | BD$753.7m | BD$134.3m | 7.8x | 6.9x | 1.2x |
| Sun, 10 Jan 2021 | BD$829.5m | BD$750.5m | BD$129.6m | 7.4x | 6.4x | 1.1x |
| Sat, 03 Oct 2020 | BD$763.3m | BD$717.6m | BD$118.0m | 8.4x | 6.5x | 1.1x |
Price to Earnings Ratio
6.5x
Current Market PE
- Investors are pessimistic on the Bermuda market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 3.8x which is lower than its 3-year average PE of 5.1x.
Past Earnings Growth
- The earnings for Bermuda listed companies have grown 25% per year over the last three years, while revenues have remained steady.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Sector Trends
Which sectors have driven the changes within the Bermudian Market?
| BM Market | -0.48% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | 0% | |
| Consumer Staples | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Telecom | 0% | |
| Utilities | 0% | |
| Financials | -0.52% | |
Sector PE
- Investors favour the Industrials sector the most for future growth which is trading above its 3-year average PE ratio.
- 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 | |
|---|---|---|---|---|---|---|
| No data available | ||||||
Market Insights
This week we are having a look at the diverse and interesting field of nanotechnology. We’re going to have a look at what it is in the first place, the types of nanotech applications, and how to invest in the space.
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