Jamaican (JSE) Capital Markets Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies10
- 7D1.8%
- 3M-1.3%
- 1Y-7.9%
- YTD-2.8%
Over the last 7 days, the Capital Markets industry has risen 1.2%, driven by gains from JMMB Group of 8.0%. Meanwhile, PROVEN Group actually underperformed within the industry, shrinking 6.3% in the last week. In the past year, the industry is down 7.5%.
Industry Valuation and Performance
Has the Jamaican Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | JA$163.5b | JA$41.6b | JA$16.6b | 14.4x | 9.9x | 3.9x |
| Sun, 23 Jun 2024 | JA$154.4b | JA$42.1b | JA$16.4b | 10.7x | 9.4x | 3.7x |
| Tue, 21 May 2024 | JA$157.7b | JA$49.3b | JA$28.1b | 11x | 5.6x | 3.2x |
| Thu, 18 Apr 2024 | JA$162.5b | JA$48.9b | JA$28.0b | 15.4x | 5.8x | 3.3x |
| Sat, 16 Mar 2024 | JA$163.8b | JA$48.8b | JA$28.0b | 14.7x | 5.8x | 3.4x |
| Mon, 12 Feb 2024 | JA$145.0b | JA$28.5b | JA$16.1b | 19.3x | 9x | 5.1x |
| Wed, 10 Jan 2024 | JA$144.5b | JA$28.3b | JA$16.0b | 16.4x | 9x | 5.1x |
| Fri, 08 Dec 2023 | JA$142.1b | JA$28.4b | JA$16.0b | 17.7x | 8.9x | 5x |
| Sun, 05 Nov 2023 | JA$148.1b | JA$29.2b | JA$14.9b | 13.8x | 9.9x | 5.1x |
| Tue, 03 Oct 2023 | JA$150.3b | JA$29.2b | JA$14.9b | 11.8x | 10.1x | 5.1x |
| Thu, 31 Aug 2023 | JA$154.2b | JA$29.2b | JA$14.9b | 11.9x | 10.4x | 5.3x |
| Sat, 29 Jul 2023 | JA$154.7b | JA$30.4b | JA$11.1b | 19.7x | 13.9x | 5.1x |
| Mon, 26 Jun 2023 | JA$172.1b | JA$35.5b | JA$16.5b | 18.6x | 10.5x | 4.9x |
| Wed, 24 May 2023 | JA$177.5b | JA$35.0b | JA$16.2b | 21.2x | 10.9x | 5.1x |
| Fri, 21 Apr 2023 | JA$182.3b | JA$36.9b | JA$18.5b | 19.7x | 9.9x | 4.9x |
| Sun, 19 Mar 2023 | JA$184.5b | JA$36.7b | JA$18.2b | 15.4x | 10.2x | 5x |
| Tue, 14 Feb 2023 | JA$192.4b | JA$38.0b | JA$20.3b | 15.3x | 9.5x | 5.1x |
| Thu, 12 Jan 2023 | JA$212.9b | JA$39.1b | JA$21.2b | 17.2x | 10.1x | 5.4x |
| Sat, 10 Dec 2022 | JA$207.5b | JA$39.1b | JA$21.2b | 13.1x | 9.8x | 5.3x |
| Mon, 07 Nov 2022 | JA$222.1b | JA$40.3b | JA$23.2b | 12.5x | 9.6x | 5.5x |
| Wed, 05 Oct 2022 | JA$242.9b | JA$42.0b | JA$24.9b | 8.6x | 9.8x | 5.8x |
| Fri, 02 Sep 2022 | JA$219.1b | JA$41.9b | JA$24.7b | 8.6x | 8.9x | 5.2x |
| Sun, 31 Jul 2022 | JA$229.9b | JA$42.0b | JA$24.9b | 11.2x | 9.2x | 5.5x |
| Tue, 28 Jun 2022 | JA$224.8b | JA$38.3b | JA$21.5b | 7.9x | 10.5x | 5.9x |
| Thu, 26 May 2022 | JA$230.5b | JA$38.0b | JA$19.9b | 10.3x | 11.6x | 6.1x |
| Sat, 23 Apr 2022 | JA$238.6b | JA$38.1b | JA$20.0b | 10.5x | 11.9x | 6.3x |
| Mon, 21 Mar 2022 | JA$214.9b | JA$36.7b | JA$18.5b | 14x | 11.6x | 5.9x |
| Wed, 16 Feb 2022 | JA$222.8b | JA$34.1b | JA$16.9b | 13x | 13.2x | 6.5x |
| Fri, 14 Jan 2022 | JA$220.2b | JA$34.1b | JA$16.9b | 13x | 13.1x | 6.5x |
| Sun, 12 Dec 2021 | JA$213.2b | JA$33.4b | JA$17.3b | 13.2x | 12.3x | 6.4x |
| Tue, 09 Nov 2021 | JA$214.4b | JA$33.0b | JA$15.7b | 11.9x | 13.7x | 6.5x |
| Thu, 07 Oct 2021 | JA$224.2b | JA$32.7b | JA$15.6b | 13.5x | 14.4x | 6.8x |
| Sat, 04 Sep 2021 | JA$198.7b | JA$33.5b | JA$16.2b | 10.4x | 12.3x | 5.9x |
| Mon, 02 Aug 2021 | JA$194.8b | JA$33.5b | JA$16.2b | 10.9x | 12.1x | 5.8x |
Price to Earnings Ratio
12.1x
Current Industry PE
- Investors are relatively neutral on the Jamaican Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 10.3x.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.5% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Jamaican Financials industry?
| JM Market | -0.49% | |
| Financials | -0.74% | |
| Capital Markets | 1.83% | |
| Financial Exchanges and Data | 9.37% | |
| Investment Banking and Brokerage | 2.60% | |
| Diversified Capital Markets | 0% | |
| Asset Management | -2.60% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry even though it's trading below its 3-year average PE ratio of 21.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading below its 3-year average of 11.1x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JMMBGL JMMB Group | JA$23.50 | 0.9% +JA$391.1m | -13.6% | PE4x | |
| SELECTF Sagicor Select Funds | JA$0.45 | 4.7% +JA$102.0m | 9.8% | PB0.8x | |
| JSE Jamaica Stock Exchange | JA$11.10 | 0.3% +JA$21.0m | 7.8% | PE18.5x |