Mauritian (SEMDEX) Market Analysis & Valuation
UpdatedSep 24, 2023
DataAggregated Company Financials
Companies91
- 7D1.2%
- 3M5.9%
- 1Y0.7%
- YTD2.9%
Over the last 7 days, the market has risen 1.2%, driven by gains of 1.3% in the Financials sector. The market has been flat overall in the last year. Looking forward, earnings are forecast to grow by 12% annually.
Market Valuation and Performance
Has the Mauritian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | MU₨311.6b | MU₨362.2b | MU₨41.3b | 7.5x | 7.5x | 0.9x |
| Tue, 22 Aug 2023 | MU₨303.7b | MU₨361.5b | MU₨42.1b | 7.6x | 7.2x | 0.8x |
| Thu, 20 Jul 2023 | MU₨294.9b | MU₨352.9b | MU₨40.7b | 8.2x | 7.2x | 0.8x |
| Sat, 17 Jun 2023 | MU₨292.8b | MU₨353.4b | MU₨40.7b | 8.3x | 7.2x | 0.8x |
| Mon, 15 May 2023 | MU₨289.6b | MU₨340.0b | MU₨36.8b | 9.8x | 7.9x | 0.9x |
| Wed, 12 Apr 2023 | MU₨292.1b | MU₨342.2b | MU₨35.7b | 9.8x | 8.2x | 0.9x |
| Fri, 10 Mar 2023 | MU₨298.7b | MU₨342.3b | MU₨34.7b | 9.9x | 8.6x | 0.9x |
| Sun, 05 Feb 2023 | MU₨299.0b | MU₨329.5b | MU₨33.1b | 9x | 9x | 0.9x |
| Tue, 03 Jan 2023 | MU₨307.5b | MU₨329.1b | MU₨33.2b | 8.9x | 9.3x | 0.9x |
| Thu, 01 Dec 2022 | MU₨305.8b | MU₨324.6b | MU₨32.1b | 8.5x | 9.5x | 0.9x |
| Sat, 29 Oct 2022 | MU₨313.5b | MU₨299.4b | MU₨28.3b | 11.3x | 11.1x | 1x |
| Mon, 26 Sep 2022 | MU₨317.8b | MU₨287.6b | MU₨25.7b | 12.2x | 12.4x | 1.1x |
| Wed, 24 Aug 2022 | MU₨316.4b | MU₨287.6b | MU₨25.2b | 12.9x | 12.5x | 1.1x |
| Fri, 22 Jul 2022 | MU₨313.5b | MU₨275.2b | MU₨23.9b | 12.6x | 13.1x | 1.1x |
| Sun, 19 Jun 2022 | MU₨331.3b | MU₨275.2b | MU₨23.8b | 14.3x | 13.9x | 1.2x |
| Tue, 17 May 2022 | MU₨341.4b | MU₨255.7b | MU₨16.6b | 14.2x | 20.6x | 1.3x |
| Thu, 14 Apr 2022 | MU₨340.6b | MU₨245.5b | MU₨12.3b | 12.8x | 27.6x | 1.4x |
| Sat, 12 Mar 2022 | MU₨327.9b | MU₨244.1b | MU₨10.7b | 12.5x | 30.7x | 1.3x |
| Mon, 07 Feb 2022 | MU₨328.3b | MU₨231.2b | MU₨5.3b | 14.1x | 61.7x | 1.4x |
| Wed, 05 Jan 2022 | MU₨324.0b | MU₨229.7b | MU₨2.8b | 14x | 114.9x | 1.4x |
| Fri, 03 Dec 2021 | MU₨309.5b | MU₨225.4b | MU₨3.1b | 14.4x | 101.1x | 1.4x |
| Sun, 31 Oct 2021 | MU₨323.8b | MU₨218.7b | MU₨2.0b | 14.1x | 162.3x | 1.5x |
| Tue, 28 Sep 2021 | MU₨302.1b | MU₨209.1b | -MU₨6,009,830,359.00 | 15.7x | -50.3x | 1.4x |
| Thu, 26 Aug 2021 | MU₨297.8b | MU₨208.3b | -MU₨7,197,351,379.16 | 17.7x | -41.4x | 1.4x |
| Fri, 02 Jul 2021 | MU₨286.7b | MU₨208.3b | -MU₨7,197,351,379.16 | 17.4x | -39.8x | 1.4x |
| Mon, 05 Apr 2021 | MU₨244.0b | MU₨205.0b | -MU₨7,527,866,692.09 | 16.7x | -32.4x | 1.2x |
| Thu, 07 Jan 2021 | MU₨244.9b | MU₨211.8b | -MU₨8,702,211,922.37 | 15.3x | -28.1x | 1.2x |
| Wed, 30 Sep 2020 | MU₨225.0b | MU₨227.1b | -MU₨4,701,498,313.57 | 15.1x | -47.8x | 1x |
Price to Earnings Ratio
-47.8x
Current Market PE
- Investors are optimistic on the Mauritian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 7.5x which is higher than its 3-year average PE of -259x.
Past Earnings Growth
- Total earnings for Mauritian listed companies have gone up over the last three years, and the market is now profitable.
- Revenues have grown 17% per year, driving the profits up.
Sector Trends
Which sectors have driven the changes within the Mauritian Market?
| MU Market | 1.17% | |
| Consumer Discretionary | 2.49% | |
| Financials | 1.31% | |
| Consumer Staples | 1.23% | |
| Energy | 1.18% | |
| Industrials | 0.34% | |
| Utilities | 0.27% | |
| Real Estate | 0.23% | |
| Materials | 0.11% | |
| Tech | 0% | |
| Telecom | 0% | |
| Healthcare | -0.58% | |
Sector PE
- Investors favour the Materials 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.
- The Consumer Discretionary sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 44% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| AEIB.N0004 African Export-Import Bank | US$2.85 | 1.8% +US$101.0m | 5.6% | PE9.3x | Financials | |
| MCBG.N0000 MCB Group | MU₨327.75 | 1.2% +MU₨962.3m | 5.9% | PB0.9x | Financials | |
| NMHL.N0000 New Mauritius Hotels | MU₨12.95 | 10.7% +MU₨686.2m | 34.1% | PE4x | Consumer Discretionary | |
| ENLG.N0000 ENL | MU₨22.00 | 6.0% +MU₨459.3m | -15.4% | PE5.7x | Industrials | |
| CIEL.N0000 CIEL | MU₨6.90 | 3.0% +MU₨337.5m | 6.2% | PE4.8x | Consumer Discretionary |
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