Ivorian (BRVM) Market Analysis & Valuation
UpdatedMay 24, 2022
DataAggregated Company Financials
Companies42
- 7D-3.5%
- 3M-1.9%
- 1Y32.9%
- YTD2.3%
Over the last 7 days, the market has dropped 3.5%, driven by a pullback of 5.3% in the Communication Services sector. In the last year, the market is actually up 33%.
Market Valuation and Performance
Has the Ivorian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 25 May 2022 | XOF5.7t | XOF5.9t | XOF753.5b | 7.8x |
| Fri, 22 Apr 2022 | XOF6.0t | XOF5.4t | XOF707.1b | 8.1x |
| Sun, 20 Mar 2022 | XOF5.9t | XOF5.4t | XOF691.0b | 7.9x |
| Tue, 15 Feb 2022 | XOF5.6t | XOF5.3t | XOF674.8b | 8.3x |
| Thu, 13 Jan 2022 | XOF5.5t | XOF5.3t | XOF676.3b | 7.7x |
| Sat, 11 Dec 2021 | XOF5.5t | XOF5.3t | XOF675.5b | 7.7x |
| Mon, 08 Nov 2021 | XOF5.3t | XOF5.3t | XOF657.1b | 7.9x |
| Wed, 06 Oct 2021 | XOF5.1t | XOF5.1t | XOF634.1b | 8.3x |
| Fri, 03 Sep 2021 | XOF4.8t | XOF5.4t | XOF607.6b | 7.2x |
| Sun, 01 Aug 2021 | XOF4.6t | XOF5.4t | XOF607.6b | 7x |
| Wed, 05 May 2021 | XOF4.2t | XOF5.3t | XOF577.5b | 6.6x |
| Sat, 06 Feb 2021 | XOF3.8t | XOF5.3t | XOF543.8b | 6.1x |
| Tue, 10 Nov 2020 | XOF3.6t | XOF5.4t | XOF525.3b | 6.2x |
| Mon, 03 Aug 2020 | XOF3.9t | XOF5.7t | XOF474.1b | 6.4x |
| Thu, 07 May 2020 | XOF4.3t | XOF5.6t | XOF482.7b | 7.3x |
| Sun, 09 Feb 2020 | XOF4.8t | XOF5.1t | XOF474.2b | 8.6x |
| Sat, 02 Nov 2019 | XOF4.3t | XOF5.1t | XOF483.9b | 7.4x |
| Tue, 06 Aug 2019 | XOF4.7t | XOF5.5t | XOF457.0b | 8.5x |
Median PE Ratio
9x
Current Market PE
- Investors are relatively neutral on the 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 7.4x.
Past Earnings Growth
- The earnings for Ivorian listed companies have grown 18% per year over the last three years.
- Revenues for these companies have grown 2.7% 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 | -3.46% | |
| Materials | 4.72% | |
| Financials | 0.49% | |
| Real Estate | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Energy | -2.24% | |
| Utilities | -4.63% | |
| Industrials | -5.02% | |
| Telecom | -5.33% | |
| Consumer Staples | -8.66% | |
| Consumer Discretionary | -8.84% | |
Sector PE
- Investors are most optimistic about the Energy sector which is trading above its 3-year average PE ratio of 10.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Financials sector. Although, investor sentiment seems to have improved given its trading above its 3-year average of 5.9x.
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 | |
|---|---|---|---|---|---|---|
| BICC Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire | XOF6.20k | 11.7% +XOF10.8b | 17.0% | PB1.4x | Financials | |
| ONTBF ONATEL-SA | XOF4.42k | 2.7% +XOF7.8b | 21.0% | PS9.3x | Telecom | |
| ECOC Ecobank Côte d'Ivoire | XOF4.41k | 3.0% +XOF7.2b | 31.5% | PB1.7x | Financials | |
| SIBC Société Ivoirienne de Banque | XOF4.60k | 2.3% +XOF5.3b | 39.4% | PB1.8x | Financials | |
| CIEC Compagnie Ivoirienne d'Électricité (CIE) | XOF2.25k | 3.9% +XOF4.8b | 41.6% | PS12x | Utilities |