Has the Mauritian Financials Sector valuation changed over the past few years?
|Sat, 27 Nov 2021||MU₨167.4b||MU₨96.1b||MU₨12.8b||8.3x|
|Mon, 25 Oct 2021||MU₨169.7b||MU₨93.6b||MU₨11.5b||10.1x|
|Wed, 22 Sep 2021||MU₨159.0b||MU₨85.6b||MU₨9.0b||9.2x|
|Fri, 20 Aug 2021||MU₨157.4b||MU₨85.6b||MU₨9.0b||10.4x|
|Fri, 04 Jun 2021||MU₨138.1b||MU₨84.8b||MU₨8.9b||9.7x|
|Mon, 08 Mar 2021||MU₨130.2b||MU₨83.7b||MU₨6.7b||8.5x|
|Thu, 10 Dec 2020||MU₨131.1b||MU₨88.5b||MU₨5.9b||8.4x|
|Wed, 02 Sep 2020||MU₨128.8b||MU₨91.0b||MU₨7.3b||10.4x|
|Sat, 06 Jun 2020||MU₨133.7b||MU₨98.2b||MU₨11.1b||10.6x|
|Tue, 10 Mar 2020||MU₨176.6b||MU₨99.7b||MU₨13.8b||12.4x|
|Mon, 02 Dec 2019||MU₨166.8b||MU₨96.4b||MU₨13.7b||13.1x|
|Thu, 05 Sep 2019||MU₨166.9b||MU₨96.0b||MU₨15.4b||12.4x|
|Sun, 09 Jun 2019||MU₨156.8b||MU₨92.5b||MU₨13.5b||10.5x|
|Sat, 02 Mar 2019||MU₨155.9b||MU₨88.5b||MU₨14.1b||10.1x|
|Tue, 04 Dec 2018||MU₨157.3b||MU₨83.2b||MU₨13.8b||11x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Financials industry have declined 2.6% per year over the last three years, while revenues for these companies have grown 4.9% 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, which has decreased profits.
Which industries have driven the changes within the Mauritian Financials sector?
Industry PE: Investors are most optimistic about the Diversified Financial industry even though it's trading below its 3-year average PE ratio of 25.4x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Capital Markets industry, which is trading below its 3-year average of 8.9x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Promotion and Development
Bee Equity Partners
Mauritius Development Investment Trust