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Tunisian (TUNINDEX) Market Analysis & Valuation
UpdatedAug 02, 2026
DataAggregated Company Financials
Companies66
- 7D-3.2%
- 3M17.6%
- 1Y59.0%
- YTD41.9%
Over the last 7 days, the market has dropped 3.3%, driven by pullbacks in every sector, especially the Financials sector. In contrast to the last week, the market is actually up 59% over the past year. Looking forward, earnings are forecast to grow by 7.8% annually.
Market Valuation and Performance
Has the Tunisian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Aug 2026 | د.ت48.8b | د.ت23.9b | د.ت3.1b | 15.2x | 15.6x | 2x |
| Tue, 30 Jun 2026 | د.ت48.3b | د.ت23.7b | د.ت3.2b | 15.1x | 15.3x | 2x |
| Thu, 28 May 2026 | د.ت44.8b | د.ت24.8b | د.ت3.1b | 13.4x | 14.5x | 1.8x |
| Sat, 25 Apr 2026 | د.ت41.0b | د.ت24.5b | د.ت3.1b | 12.3x | 13.3x | 1.7x |
| Mon, 23 Mar 2026 | د.ت40.1b | د.ت23.8b | د.ت3.0b | 12.4x | 13.4x | 1.7x |
| Wed, 18 Feb 2026 | د.ت37.8b | د.ت23.8b | د.ت3.0b | 12.4x | 12.7x | 1.6x |
| Fri, 16 Jan 2026 | د.ت35.4b | د.ت23.8b | د.ت3.0b | 11x | 11.9x | 1.5x |
| Sun, 14 Dec 2025 | د.ت33.9b | د.ت24.0b | د.ت3.0b | 10.5x | 11.3x | 1.4x |
| Tue, 11 Nov 2025 | د.ت32.9b | د.ت23.9b | د.ت3.1b | 10x | 10.7x | 1.4x |
| Thu, 09 Oct 2025 | د.ت31.7b | د.ت23.9b | د.ت3.0b | 10.4x | 10.5x | 1.3x |
| Sat, 06 Sep 2025 | د.ت30.9b | د.ت22.6b | د.ت3.0b | 10.8x | 10.3x | 1.4x |
| Mon, 04 Aug 2025 | د.ت30.7b | د.ت21.6b | د.ت2.9b | 10.7x | 10.6x | 1.4x |
| Wed, 02 Jul 2025 | د.ت30.0b | د.ت22.5b | د.ت2.9b | 10.4x | 10.3x | 1.3x |
| Fri, 30 May 2025 | د.ت30.2b | د.ت23.4b | د.ت2.9b | 10.6x | 10.6x | 1.3x |
| Sun, 27 Apr 2025 | د.ت30.1b | د.ت39.9b | د.ت4.5b | 10.8x | 6.7x | 0.8x |
| Tue, 25 Mar 2025 | د.ت29.2b | د.ت39.0b | د.ت4.4b | 10.6x | 6.7x | 0.7x |
| Thu, 20 Feb 2025 | د.ت27.8b | د.ت38.8b | د.ت4.4b | 10.2x | 6.4x | 0.7x |
| Sat, 18 Jan 2025 | د.ت27.1b | د.ت38.8b | د.ت4.4b | 9.1x | 6.2x | 0.7x |
| Mon, 16 Dec 2024 | د.ت26.6b | د.ت39.3b | د.ت4.4b | 9.1x | 6x | 0.7x |
| Wed, 13 Nov 2024 | د.ت26.3b | د.ت39.2b | د.ت4.4b | 9x | 5.9x | 0.7x |
| Fri, 11 Oct 2024 | د.ت26.4b | د.ت37.9b | د.ت4.5b | 8.9x | 5.9x | 0.7x |
| Sun, 08 Sep 2024 | د.ت26.1b | د.ت20.3b | د.ت2.7b | 9.4x | 9.6x | 1.3x |
| Tue, 06 Aug 2024 | د.ت26.1b | د.ت20.3b | د.ت2.6b | 9.4x | 9.9x | 1.3x |
| Thu, 04 Jul 2024 | د.ت25.9b | د.ت20.3b | د.ت2.7b | 9.1x | 9.8x | 1.3x |
| Sat, 01 Jun 2024 | د.ت25.8b | د.ت22.3b | د.ت2.7b | 8.5x | 9.6x | 1.2x |
| Mon, 29 Apr 2024 | د.ت25.4b | د.ت21.8b | د.ت2.6b | 8.7x | 9.7x | 1.2x |
| Wed, 27 Mar 2024 | د.ت24.8b | د.ت21.2b | د.ت2.4b | 8.6x | 10.4x | 1.2x |
| Fri, 23 Feb 2024 | د.ت23.8b | د.ت21.1b | د.ت2.4b | 8.4x | 10x | 1.1x |
| Sun, 21 Jan 2024 | د.ت23.9b | د.ت20.8b | د.ت2.2b | 8.7x | 10.8x | 1.2x |
| Tue, 19 Dec 2023 | د.ت24.5b | د.ت20.8b | د.ت2.2b | 9x | 10.9x | 1.2x |
| Thu, 16 Nov 2023 | د.ت24.0b | د.ت21.5b | د.ت2.4b | 8.5x | 9.9x | 1.1x |
| Sat, 14 Oct 2023 | د.ت23.9b | د.ت21.0b | د.ت2.4b | 8.3x | 10x | 1.1x |
| Mon, 11 Sep 2023 | د.ت25.2b | د.ت19.3b | د.ت2.4b | 8.5x | 10.4x | 1.3x |
| Wed, 09 Aug 2023 | د.ت25.2b | د.ت18.9b | د.ت2.3b | 9.7x | 10.7x | 1.3x |
Price to Earnings Ratio
10.7x
Current Market PE
- Investors are optimistic on the Tunisian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 15.6x which is higher than its 3-year average PE of 10.1x.
Past Earnings Growth
- The earnings for Tunisian listed companies have grown 10% per year over the last three years.
- Revenues for these companies have grown 8.1% 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 Tunisian Market?
| TN Market | -3.25% | |
| Consumer Staples | -0.83% | |
| Healthcare | -1.02% | |
| Real Estate | -1.43% | |
| Materials | -1.66% | |
| Telecom | -1.83% | |
| Tech | -2.09% | |
| Industrials | -2.95% | |
| Financials | -4.30% | |
| Consumer Discretionary | -5.53% | |
| Energy | -13.10% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 24.5x.
- Analysts are expecting annual earnings growth of 4.7%, which is lower than the prior year's growth of 18.1% per year.
- The Consumer Discretionary sector is the least preferred by investors for future growth, which is trading below its 3-year average of 20.9x.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings growth rate of 3.1% per year.
- In contrast, the Healthcare industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| AST Compagnie d'Assurances et de Réassurances ASTREE | د.ت84.90 | 8.8% +د.ت41.4m | 88.7% | PE14.7x | Financials | |
| ICF Les industries Chimiques du Fluor | د.ت148.97 | 2.8% +د.ت8.5m | 29.1% | PE26.1x | Materials | |
| MGR Société Tunisienne des Marchés de Gros | د.ت15.00 | 1.4% +د.ت2.6m | 112.2% | PE22.1x | Consumer Staples | |
| PLAST Office Plast | د.ت1.87 | 10.7% +د.ت2.6m | -13.0% | PS0.7x | Industrials | |
| UBCI Union Bancaire pour le Commerce et L'Industrie Société anonyme | د.ت40.00 | 0.3% +د.ت2.0m | 102.5% | PB1.4x | Financials |
