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Jamaican (JSE) Financials Sector Analysis

UpdatedDec 05, 2022
DataAggregated Company Financials
Companies26
  • 7D1.1%
  • 3M-6.4%
  • 1Y-14.3%
  • YTD-15.9%

The Financials industry is up 1.1% in the last week, with Sagicor Group Jamaica up 5.7%. However, the industry is down 14% over the past year.

Sector Valuation and Performance

Has the Jamaican Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Dec 2022JA$754.5bJA$355.2bJA$78.4b12.6x9.6x2.1x
Wed, 02 Nov 2022JA$786.8bJA$340.9bJA$79.4b12.1x9.9x2.3x
Fri, 30 Sep 2022JA$814.1bJA$344.6bJA$82.1b11.4x9.9x2.4x
Sun, 28 Aug 2022JA$814.0bJA$344.6bJA$82.5b12.6x9.9x2.4x
Tue, 26 Jul 2022JA$847.2bJA$337.3bJA$78.0b12.6x10.9x2.5x
Thu, 23 Jun 2022JA$854.3bJA$332.8bJA$74.4b12.1x11.5x2.6x
Sat, 21 May 2022JA$873.9bJA$320.7bJA$69.0b13.3x12.7x2.7x
Mon, 18 Apr 2022JA$898.2bJA$311.5bJA$63.3b13.2x14.2x2.9x
Wed, 16 Mar 2022JA$883.5bJA$310.1bJA$61.8b13.3x14.3x2.8x
Fri, 11 Feb 2022JA$903.4bJA$308.1bJA$61.4b13.7x14.7x2.9x
Sun, 09 Jan 2022JA$889.5bJA$308.1bJA$61.4b13x14.5x2.9x
Tue, 07 Dec 2021JA$861.4bJA$308.2bJA$63.9b12.9x13.5x2.8x
Thu, 04 Nov 2021JA$889.6bJA$301.7bJA$58.6b15.3x15.2x2.9x
Sat, 02 Oct 2021JA$917.5bJA$301.4bJA$58.5b15.6x15.7x3x
Mon, 30 Aug 2021JA$913.4bJA$301.3bJA$57.8b15.3x15.8x3x
Tue, 06 Jul 2021JA$932.8bJA$301.3bJA$57.8b16.3x16.1x3.1x
Fri, 09 Apr 2021JA$898.4bJA$286.9bJA$56.2b16x16x3.1x
Thu, 31 Dec 2020JA$882.8bJA$269.4bJA$52.2b20.2x16.9x3.3x
Sun, 04 Oct 2020JA$878.2bJA$272.6bJA$54.4b18.4x16.2x3.2x
Wed, 08 Jul 2020JA$845.0bJA$284.4bJA$59.7b17.4x14.2x3x
Tue, 31 Mar 2020JA$895.7bJA$286.8bJA$66.6b13.8x13.4x3.1x
Fri, 03 Jan 2020JA$1.2tJA$287.5bJA$67.8b19.2x17.9x4.2x
Price to Earnings Ratio

17.9x


Total Market Cap: JA$1.2tTotal Earnings: JA$67.8bTotal Revenue: JA$287.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Financials Sector Price to Earnings3Y Average 14.4x20212022
Current Industry PE
  • Investors are pessimistic on the Jamaican Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.6x which is lower than its 3-year average PE of 14.4x.
  • The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 4.9% per year over the last three years.
  • Revenues for these companies have grown 7.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Jamaican Financials sector?

JM Market0.85%
Financials1.15%
Consumer Finance9.41%
Insurance5.54%
Diversified Financial1.30%
Mortgage Finance0%
Mortgage REITs0%
Capital Markets-0.53%
Banks-0.55%
Industry PE
  • Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 55.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 15.5x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SJ Sagicor Group JamaicaJA$51.005.7%
+JA$10.7b
-2.7%PE13.7x
JMMBGL JMMB GroupJA$34.003.0%
+JA$2.0b
-11.5%PE6.8x
EPLY EppleyJA$38.0015.2%
+JA$962.3m
6.4%PE29.6x
SGJ Scotia Group JamaicaJA$33.000.8%
+JA$777.9m
-5.7%PB1x
SRFJMD Sygnus Real Estate FinanceJA$10.2013.3%
+JA$391.8m
-36.3%n/a
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Latest News

EPLY

JA$38.00

Eppley

7D

15.2%

1Y

6.4%

AFS

JA$21.31

Access Financial Services

7D

-7.3%

1Y

9.3%

VMIL

JA$4.00

Victoria Mutual Investments

7D

-1.5%

1Y

-34.4%

KEY

JA$3.68

Key Insurance

7D

9.5%

1Y

-9.1%

JMMBGL

JA$34.00

JMMB Group

7D

3.0%

1Y

-11.5%

BIL

JA$85.50

Barita Investments

7D

-1.7%

1Y

-5.9%

CABROKERS

JA$2.05

Caribbean Assurance Brokers

7D

-8.9%

1Y

-31.2%

SJ

JA$51.00

Sagicor Group Jamaica

7D

5.7%

1Y

-2.7%

NCBFG

JA$82.95

NCB Financial Group

7D

-1.3%

1Y

-32.5%

MJE

JA$13.40

Mayberry Jamaican Equities

7D

1.7%

1Y

48.9%

MIL

JA$7.35

Mayberry Investments

7D

2.8%

1Y

5.0%

DOLLA

JA$3.10

Dolla Financial Services

7D

-5.2%

1Y

n/a

PROVEN

US$0.19

Proven Investments

7D

-4.2%

1Y

-22.8%

SGJ

JA$33.00

Scotia Group Jamaica

7D

0.8%

1Y

-5.7%

JSE

JA$14.95

Jamaica Stock Exchange

7D

-6.2%

1Y

-11.0%

SRFJMD

JA$10.20

Sygnus Real Estate Finance

7D

13.3%

1Y

-36.3%