Namibian (NSX) Market Analysis & Valuation

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 26 Jul 2024	N$43.9b	N$23.5b	N$10.4b	6.8x	4.2x	1.9x
Sun, 23 Jun 2024	N$43.8b	N$23.6b	N$10.4b	6.7x	4.2x	1.9x
Tue, 21 May 2024	N$44.1b	N$23.6b	N$10.4b	6.6x	4.2x	1.9x
Thu, 18 Apr 2024	N$44.2b	N$23.7b	N$10.4b	6.5x	4.2x	1.9x
Sat, 16 Mar 2024	N$44.0b	N$23.3b	N$10.5b	6.1x	4.2x	1.9x
Mon, 12 Feb 2024	N$44.2b	N$23.7b	N$10.4b	6x	4.2x	1.9x
Wed, 10 Jan 2024	N$43.9b	N$23.8b	N$10.5b	6.2x	4.2x	1.8x
Fri, 08 Dec 2023	N$44.7b	N$23.8b	N$10.3b	6.2x	4.3x	1.9x
Sun, 05 Nov 2023	N$44.5b	N$23.7b	N$10.2b	6.4x	4.4x	1.9x
Tue, 03 Oct 2023	N$45.2b	N$23.3b	N$10.2b	6.4x	4.4x	1.9x
Thu, 31 Aug 2023	N$44.2b	N$22.1b	N$5.3b	7.7x	8.4x	2x
Sat, 29 Jul 2023	N$43.5b	N$21.8b	N$5.1b	6.7x	8.5x	2x
Mon, 26 Jun 2023	N$41.6b	N$21.9b	N$5.1b	6.7x	8.2x	1.9x
Wed, 24 May 2023	N$40.6b	N$21.8b	N$5.3b	6.7x	7.7x	1.9x
Fri, 21 Apr 2023	N$39.3b	N$19.2b	N$5.3b	6.7x	7.5x	2x
Sun, 19 Mar 2023	N$38.1b	N$21.1b	N$4.7b	6.6x	8.1x	1.8x
Tue, 14 Feb 2023	N$38.8b	N$20.7b	N$4.6b	6.7x	8.5x	1.9x
Thu, 12 Jan 2023	N$37.9b	N$20.7b	N$4.6b	6.7x	8.3x	1.8x
Sat, 10 Dec 2022	N$37.2b	N$20.6b	N$4.5b	6.7x	8.2x	1.8x
Mon, 07 Nov 2022	N$37.6b	N$20.7b	N$4.5b	6.4x	8.4x	1.8x
Wed, 05 Oct 2022	N$35.9b	N$20.4b	N$4.5b	6.2x	8x	1.8x
Fri, 02 Sep 2022	N$35.0b	N$19.6b	N$4.2b	6.7x	8.3x	1.8x
Sun, 31 Jul 2022	N$34.8b	N$18.9b	N$4.4b	6.7x	7.9x	1.8x
Tue, 28 Jun 2022	N$37.1b	N$19.1b	N$3.5b	6.5x	10.5x	1.9x
Thu, 26 May 2022	N$36.8b	N$19.1b	N$3.5b	6.7x	10.5x	1.9x
Sat, 23 Apr 2022	N$36.9b	N$19.0b	N$3.4b	6.7x	10.7x	1.9x
Mon, 21 Mar 2022	N$39.1b	N$19.3b	N$3.3b	7.3x	11.7x	2x
Wed, 16 Feb 2022	N$38.4b	N$19.2b	N$3.3b	7.5x	11.7x	2x
Fri, 14 Jan 2022	N$40.0b	N$18.7b	N$3.9b	7.6x	10.2x	2.1x
Sun, 12 Dec 2021	N$40.0b	N$18.9b	N$4.0b	7.7x	10.1x	2.1x
Tue, 09 Nov 2021	N$32.1b	N$15.2b	N$2.9b	7.4x	11x	2.1x
Thu, 07 Oct 2021	N$32.3b	N$15.2b	N$2.9b	7.5x	11.2x	2.1x
Sat, 04 Sep 2021	N$31.1b	N$15.6b	N$2.5b	7.1x	12.3x	2x
Mon, 02 Aug 2021	N$31.2b	N$15.6b	N$2.5b	7.1x	12.3x	2x

Current Market PE

Investors are pessimistic on the Namibian market, indicating that they anticipate earnings will not grow as fast as they have historically.

The market is trading at a PE ratio of 4.2x which is lower than its 3-year average PE of 8.0x.

Past Earnings Growth

The earnings for Namibian listed companies have grown 60% per year over the last three years.
Revenues for these companies have grown 15% 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 Namibian Market?


NA Market	0.17%
Industrials	0.55%
Financials	0.27%
Energy	0%
Real Estate	0%
Materials	0%
Consumer Discretionary	0%
Healthcare	0%
Tech	0%
Telecom	0%
Utilities	0%
Consumer Staples	-0.14%

Sector PE

Investors favour the Telecom sector the most for future growth even though it's trading below its 3-year average PE ratio of 9.7x.

It looks like investors are confident that earnings will grow faster in the future than they have historically.

The Consumer Staples sector is the least preferred by investors for future growth, which is trading below its 3-year average of 18.8x.

Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation	Sector
TUC Trustco Group Holdings	R0.36	12.5% +R37.6m	-60.0%	PB0.3x	Financials
CGP Capricorn Group	R19.36	0.3% +R25.3m	29.0%	PB1.1x	Financials
SNO SBN Holdings	R8.70	0.3% +R15.7m	33.8%	PB0.9x	Financials
TAD Tadvest	R16.84	1.0% +R7.2m	3.9%	PE7.7x	Financials
AGR Agra	R3.67	0.5% +R2.0m	19.9%	PE4.1x	Industrials

Company

Last Price

Valuation

Sector

TUC Trustco Group Holdings

R0.36

12.5%
+R37.6m

-60.0%

PB0.3x

Financials

CGP Capricorn Group

R19.36