Tunisian (TUNINDEX) Consumer Discretionary Sector Analysis

Sector Valuation and Performance

Has the Tunisian Consumer Discretionary Sector valuation changed over the past few years?

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 9.4x which is lower than its 3-year average PE of 13.9x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Consumer Discretionary industry have declined 3.8% per year over the last three years, and revenues have also declined 4.3% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Tunisian Consumer Discretionary sector?

Industry PE: Investors are most optimistic about the Leisure industry even though it's trading below its 3-year average PE ratio of 15.9x. However analysts are expecting annual earnings growth of 6.7%, which is lower than the prior year's growth of 119% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Luxury industry, which is trading below its 3-year average of 11.9x.

Forecasted Growth: Analysts are most optimistic on the General Merchanise and Department Stores industry, expecting annual earnings growth of 78% over the next 5 years. Meanwhile, the Leisure industry is expected to see its earnings grow by 6.7% per year over the next few years.

Top Stock Gainers and Losers

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