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Ivorian (BRVM) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies44
  • 7D1.0%
  • 3M3.2%
  • 1Y5.6%
  • YTD0.9%

In the last week, the market has stayed flat, however the Consumer Staples sector stood out, gaining 6.2%. More promisingly, the market is up 5.6% over the past year. Looking forward, earnings are expected to remain mostly flat in the next few years.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024XOF7.4tXOF7.8tXOF885.6b7.4x8.4x1x
Thu, 15 Feb 2024XOF7.3tXOF6.7tXOF748.0b7.3x9.7x1.1x
Sat, 13 Jan 2024XOF7.3tXOF6.7tXOF744.7b7x9.8x1.1x
Mon, 11 Dec 2023XOF7.4tXOF6.8tXOF756.1b7.3x9.7x1.1x
Wed, 08 Nov 2023XOF7.3tXOF6.9tXOF783.5b7.3x9.3x1.1x
Fri, 06 Oct 2023XOF7.3tXOF6.9tXOF810.4b7x9x1.1x
Sun, 03 Sep 2023XOF7.3tXOF6.8tXOF797.6b6.9x9.1x1.1x
Tue, 01 Aug 2023XOF7.2tXOF6.6tXOF795.0b7.3x9x1.1x
Thu, 29 Jun 2023XOF6.8tXOF6.6tXOF792.5b6.7x8.6x1x
Sat, 27 May 2023XOF6.7tXOF6.0tXOF775.7b6.4x8.7x1.1x
Mon, 24 Apr 2023XOF6.9tXOF5.8tXOF767.9b7x9x1.2x
Wed, 22 Mar 2023XOF7.1tXOF6.4tXOF794.7b7.3x9x1.1x
Fri, 17 Feb 2023XOF7.1tXOF6.3tXOF770.5b7.3x9.2x1.1x
Sun, 15 Jan 2023XOF6.9tXOF6.2tXOF762.0b6.9x9x1.1x
Tue, 13 Dec 2022XOF5.4tXOF6.2tXOF767.1b7.3x7.1x0.9x
Thu, 10 Nov 2022XOF5.4tXOF6.2tXOF769.6b7.6x7x0.9x
Sat, 08 Oct 2022XOF5.7tXOF6.1tXOF769.5b7.8x7.4x0.9x
Mon, 05 Sep 2022XOF5.6tXOF6.0tXOF759.7b8x7.4x0.9x
Wed, 03 Aug 2022XOF5.8tXOF6.0tXOF766.8b8x7.5x1x
Fri, 01 Jul 2022XOF5.8tXOF5.9tXOF751.5b8.1x7.7x1x
Sun, 29 May 2022XOF5.7tXOF5.9tXOF753.5b7.4x7.5x1x
Tue, 26 Apr 2022XOF6.0tXOF5.4tXOF705.6b8x8.5x1.1x
Thu, 24 Mar 2022XOF6.0tXOF5.4tXOF695.1b8x8.6x1.1x
Sat, 19 Feb 2022XOF5.8tXOF5.3tXOF674.8b8.4x8.6x1.1x
Mon, 17 Jan 2022XOF5.5tXOF5.4tXOF677.3b7.7x8.1x1x
Wed, 15 Dec 2021XOF5.4tXOF5.3tXOF675.5b7.7x8x1x
Fri, 12 Nov 2021XOF5.3tXOF5.3tXOF663.8b7.9x8x1x
Sun, 10 Oct 2021XOF5.1tXOF5.1tXOF635.3b8.5x8.1x1x
Tue, 07 Sep 2021XOF4.8tXOF5.4tXOF607.6b7.3x8x0.9x
Thu, 05 Aug 2021XOF4.6tXOF5.4tXOF607.6b7x7.6x0.9x
Sun, 09 May 2021XOF4.2tXOF5.3tXOF577.5b6.6x7.4x0.8x
Price to Earnings Ratio

6.9x


Total Market Cap: XOF4.0tTotal Earnings: XOF577.5bTotal Revenue: XOF5.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Ivorian Market Price to Earnings3Y Average 8.3x202220232024
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 8.3x.
Past Earnings Growth
  • The earnings for Ivorian listed companies have grown 15% 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 Market0.97%
Consumer Staples6.23%
Utilities1.26%
Industrials1.11%
Financials0.71%
Telecom0.62%
Consumer Discretionary0.20%
Real Estate0%
Healthcare0%
Tech0%
Materials-0.023%
Energy-1.20%
Sector PE
  • Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 25.2x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 7.2x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Telecom sector.
  • They expect its earnings to decline by only 0.4% per year over the next 5 years, which isn't as bad as the other sectors.
  • This is an improvement from its past earnings decline of 3.1% per year.
  • In contrast, the Telecom industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
ORAC Orange CIXOF10.89k1.3%
+XOF21.1b
13.4%PE14.9xTelecom
STBC Societe Ivoirienne Des Tabacs S AXOF6.75k18.9%
+XOF19.2b
3.7%PE11.7xConsumer Staples
SOGC Société des Caoutchoucs de Grand-Béréby Société AnonymeXOF3.76k13.8%
+XOF9.8b
-33.9%PE6.2xConsumer Staples
CBIBF Coris Bank InternationalXOF8.75k2.9%
+XOF8.2b
-1.6%PB1.3xFinancials
BOABF Bank of Africa - Burkina FasoXOF7.30k3.5%
+XOF5.5b
27.6%PB1.3xFinancials
See more
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Market Insights

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Latest News

STBC

XOF6,745.00

Societe Ivoirienne Des Tabacs S A

7D

18.9%

1Y

3.7%

PRSC

XOF1,685.00

Tractafric Motors Côte d'Ivoire S A

7D

-13.8%

1Y

-41.9%

CFAC

XOF790.00

CFAO Motors Cote d'Ivoire

7D

1.9%

1Y

-6.5%

SNTS

XOF17,890.00

Sonatel

7D

-0.06%

1Y

12.6%

SIBC

XOF5,710.00

Société Ivoirienne de Banque

7D

-1.6%

1Y

15.5%

BOABF

XOF7,300.00

Bank of Africa - Burkina Faso

7D

3.5%

1Y

27.6%

BOAN

XOF5,700.00

Bank of Africa Niger

7D

-1.6%

1Y

-9.2%

PALC

XOF7,000.00

Palmci

7D

4.5%

1Y

-36.1%

CBIBF

XOF8,750.00

Coris Bank International

7D

2.9%

1Y

-1.6%

ORGT

XOF2,295.00

Oragroup

7D

3.1%

1Y

-18.0%

UNXC

XOF530.00

Uniwax

7D

-10.2%

1Y

-32.1%