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Tunisian (TUNINDEX) Market Analysis & Valuation
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies72
- 7D-0.3%
- 3M1.2%
- 1Y9.4%
- YTD8.5%
In the last week, the market has been flat. Meanwhile, the market is actually up 9.4% over the past year. In the next few years earnings are forecast to be pretty stable.
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, 22 Dec 2024 | د.ت26.5b | د.ت39.3b | د.ت4.4b | 9.1x | 6x | 0.7x |
| Tue, 19 Nov 2024 | د.ت26.2b | د.ت39.3b | د.ت4.4b | 8.8x | 5.9x | 0.7x |
| Thu, 17 Oct 2024 | د.ت26.1b | د.ت39.0b | د.ت4.4b | 8.9x | 5.9x | 0.7x |
| Sat, 14 Sep 2024 | د.ت26.0b | د.ت20.3b | د.ت2.7b | 9.2x | 9.7x | 1.3x |
| Mon, 12 Aug 2024 | د.ت26.1b | د.ت20.3b | د.ت2.6b | 9.4x | 9.9x | 1.3x |
| Wed, 10 Jul 2024 | د.ت26.0b | د.ت20.3b | د.ت2.7b | 9.2x | 9.8x | 1.3x |
| Fri, 07 Jun 2024 | د.ت25.9b | د.ت22.5b | د.ت2.7b | 8.6x | 9.7x | 1.2x |
| Sun, 05 May 2024 | د.ت25.4b | د.ت22.0b | د.ت2.6b | 8.8x | 9.6x | 1.2x |
| Tue, 02 Apr 2024 | د.ت25.2b | د.ت21.2b | د.ت2.4b | 8.6x | 10.6x | 1.2x |
| Thu, 29 Feb 2024 | د.ت24.2b | د.ت21.1b | د.ت2.4b | 8.5x | 10.2x | 1.1x |
| Sat, 27 Jan 2024 | د.ت23.9b | د.ت20.8b | د.ت2.2b | 8.6x | 10.8x | 1.2x |
| Mon, 25 Dec 2023 | د.ت24.4b | د.ت21.0b | د.ت2.2b | 9.1x | 10.9x | 1.2x |
| Wed, 22 Nov 2023 | د.ت24.1b | د.ت21.5b | د.ت2.4b | 8.6x | 9.9x | 1.1x |
| Fri, 20 Oct 2023 | د.ت24.0b | د.ت21.4b | د.ت2.4b | 8.5x | 9.8x | 1.1x |
| Sun, 17 Sep 2023 | د.ت24.9b | د.ت19.5b | د.ت2.4b | 8.5x | 10.4x | 1.3x |
| Tue, 15 Aug 2023 | د.ت25.2b | د.ت18.9b | د.ت2.3b | 9.6x | 10.7x | 1.3x |
| Thu, 13 Jul 2023 | د.ت25.6b | د.ت19.0b | د.ت2.3b | 9.6x | 10.9x | 1.3x |
| Sat, 10 Jun 2023 | د.ت25.1b | د.ت20.7b | د.ت2.4b | 10.1x | 10.7x | 1.2x |
| Mon, 08 May 2023 | د.ت24.5b | د.ت20.2b | د.ت2.4b | 9.7x | 10.4x | 1.2x |
| Wed, 05 Apr 2023 | د.ت24.3b | د.ت19.6b | د.ت2.2b | 9.6x | 11.2x | 1.2x |
| Fri, 03 Mar 2023 | د.ت22.4b | د.ت19.5b | د.ت2.2b | 9.8x | 10.3x | 1.1x |
| Sun, 29 Jan 2023 | د.ت22.9b | د.ت19.5b | د.ت2.2b | 9.9x | 10.6x | 1.2x |
| Tue, 27 Dec 2022 | د.ت22.3b | د.ت19.3b | د.ت2.2b | 9.2x | 10.3x | 1.2x |
| Thu, 24 Nov 2022 | د.ت22.4b | د.ت19.1b | د.ت2.2b | 10x | 10.4x | 1.2x |
| Sat, 22 Oct 2022 | د.ت22.8b | د.ت19.1b | د.ت2.2b | 9.7x | 10.6x | 1.2x |
| Mon, 19 Sep 2022 | د.ت22.9b | د.ت18.1b | د.ت2.2b | 9.9x | 10.4x | 1.3x |
| Wed, 17 Aug 2022 | د.ت22.5b | د.ت17.3b | د.ت2.2b | 10.1x | 10.3x | 1.3x |
| Fri, 15 Jul 2022 | د.ت21.8b | د.ت17.3b | د.ت2.2b | 9.8x | 10x | 1.3x |
| Sun, 12 Jun 2022 | د.ت21.3b | د.ت17.6b | د.ت2.2b | 10x | 9.8x | 1.2x |
| Tue, 10 May 2022 | د.ت21.8b | د.ت16.9b | د.ت2.1b | 10.4x | 10.2x | 1.3x |
| Thu, 07 Apr 2022 | د.ت21.8b | د.ت16.4b | د.ت1.8b | 11.3x | 11.8x | 1.3x |
| Sat, 05 Mar 2022 | د.ت21.9b | د.ت16.2b | د.ت1.8b | 11.6x | 12.3x | 1.3x |
| Mon, 31 Jan 2022 | د.ت22.2b | د.ت16.1b | د.ت1.8b | 11.8x | 12.5x | 1.4x |
| Wed, 29 Dec 2021 | د.ت21.6b | د.ت16.2b | د.ت1.8b | 11.8x | 12.2x | 1.3x |
Price to Earnings Ratio
12.2x
Current Market PE
- Investors are pessimistic on the Tunisian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 6.0x which is lower than its 3-year average PE of 10.1x.
Past Earnings Growth
- The earnings for Tunisian listed companies have grown 36% per year over the last three years.
- Revenues for these companies have grown 35% 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 | -0.32% | |
| Real Estate | 0.29% | |
| Consumer Discretionary | 0.22% | |
| Utilities | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Consumer Staples | -0.094% | |
| Financials | -0.17% | |
| Energy | -0.79% | |
| Telecom | -0.87% | |
| Industrials | -0.92% | |
| Materials | -0.96% | |
| Tech | -2.62% | |
| Healthcare | -2.68% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 48.0x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 60.7% which is higher than its past year's earnings decline of 51.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 61% over the next 5 years.
- This is better than its past earnings decline of 51% per year.
- In contrast, the Financials sector is expected to see its earnings decline by 6.1% per year 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 | |
|---|---|---|---|---|---|---|
| AMI Assurances Multirisques Ittihad | د.ت2.34 | 7.3% +د.ت14.0m | 31.5% | n/a | Financials | |
| BT Banque de Tunisie Société anonyme | د.ت5.10 | 0.8% +د.ت10.8m | -4.0% | PB1.1x | Financials | |
| UBCI Union Bancaire pour le Commerce et L'Industrie Société anonyme | د.ت21.50 | 2.3% +د.ت9.8m | -4.4% | PB0.8x | Financials | |
| BH BH Bank Société anonyme | د.ت12.58 | 1.5% +د.ت9.0m | 6.6% | PE4.2x | Financials | |
| MAG Societe Magasin General | د.ت7.32 | 4.4% +د.ت4.9m | -8.5% | PS0.1x | Consumer Discretionary |
