Tunisian (TUNINDEX) Financials Sector Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies24
- 7D-0.3%
- 3M3.5%
- 1Y23.0%
- YTD22.0%
Over the last 7 days, the Financials industry has remained flat. As for the the longer term, the industry is up 23% over the past 12 months. In the next few years earnings are forecast to be pretty stable.
Sector Valuation and Performance
Has the Tunisian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | د.ت10.9b | د.ت6.4b | د.ت1.5b | 7.8x | 7.4x | 1.7x |
| Mon, 31 Oct 2022 | د.ت10.8b | د.ت6.4b | د.ت1.5b | 7.9x | 7.3x | 1.7x |
| Wed, 28 Sep 2022 | د.ت10.8b | د.ت6.4b | د.ت1.5b | 8.1x | 7.3x | 1.7x |
| Fri, 26 Aug 2022 | د.ت10.2b | د.ت6.1b | د.ت1.4b | 8.2x | 7.1x | 1.7x |
| Sun, 24 Jul 2022 | د.ت9.8b | د.ت6.1b | د.ت1.4b | 7.9x | 6.9x | 1.6x |
| Tue, 21 Jun 2022 | د.ت9.6b | د.ت6.5b | د.ت1.4b | 8.3x | 6.7x | 1.5x |
| Thu, 19 May 2022 | د.ت9.4b | د.ت6.5b | د.ت1.4b | 7.6x | 6.5x | 1.4x |
| Sat, 16 Apr 2022 | د.ت9.6b | د.ت6.1b | د.ت1.3b | 8.5x | 7.7x | 1.6x |
| Mon, 14 Mar 2022 | د.ت9.0b | د.ت5.8b | د.ت1.2b | 9.2x | 7.7x | 1.6x |
| Wed, 09 Feb 2022 | د.ت9.0b | د.ت5.8b | د.ت1.2b | 9.4x | 7.6x | 1.5x |
| Fri, 07 Jan 2022 | د.ت8.8b | د.ت5.8b | د.ت1.2b | 8.9x | 7.5x | 1.5x |
| Sun, 05 Dec 2021 | د.ت8.8b | د.ت5.3b | د.ت1.1b | 9.1x | 7.7x | 1.7x |
| Tue, 02 Nov 2021 | د.ت8.4b | د.ت5.3b | د.ت1.1b | 9.1x | 7.4x | 1.6x |
| Thu, 30 Sep 2021 | د.ت8.8b | د.ت5.3b | د.ت1.1b | 9.2x | 7.7x | 1.7x |
| Sat, 28 Aug 2021 | د.ت8.9b | د.ت5.8b | د.ت1.1b | 9.5x | 7.9x | 1.5x |
| Sun, 04 Jul 2021 | د.ت7.5b | د.ت5.5b | د.ت1.0b | 9.2x | 7.2x | 1.4x |
| Wed, 07 Apr 2021 | د.ت8.3b | د.ت5.5b | د.ت1.0b | 9.7x | 8x | 1.5x |
| Sat, 09 Jan 2021 | د.ت8.0b | د.ت5.5b | د.ت1.0b | 9.5x | 7.6x | 1.5x |
| Fri, 02 Oct 2020 | د.ت7.8b | د.ت5.4b | د.ت1.3b | 10.2x | 5.9x | 1.4x |
| Mon, 06 Jul 2020 | د.ت8.1b | د.ت5.4b | د.ت1.3b | 9.7x | 6.2x | 1.5x |
| Thu, 09 Apr 2020 | د.ت7.7b | د.ت5.5b | د.ت1.4b | 8.7x | 5.7x | 1.4x |
| Wed, 01 Jan 2020 | د.ت8.6b | د.ت5.5b | د.ت1.4b | 8.2x | 6.1x | 1.6x |
Price to Earnings Ratio
7.2x
Current Industry PE
- Investors are relatively neutral on the Tunisian Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 6.9x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 8.1% per year over the last three years.
- Revenues for these companies have grown 8.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Tunisian Financials sector?
| TN Market | -0.29% | |
| Financials | -0.34% | |
| Capital Markets | 0.13% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Mortgage Finance | -0.13% | |
| Banks | -0.15% | |
| Diversified Financial | -0.63% | |
| Insurance | -1.52% | |
Industry PE
- Investors are most optimistic about the Insurance industry even though it's trading below its 3-year average PE ratio of 16.9x.
- Analysts are expecting annual earnings growth of 5.2%, which is lower than the prior year's growth of 16.3% per year.
- Investors are most pessimistic about the Mortgage Finance industry, which is trading close to its 3-year average of 4.7x.
Forecasted Growth
- Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 5.2% over the next 5 years.
- However this is lower than its past earnings growth rate of 16% per year.
- In contrast, the Mortgage Finance industry is expected to see its earnings decline by 21% 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 | |
|---|---|---|---|---|---|
| WIFAK Wifack International Bank Société anonyme | د.ت7.20 | 2.9% +د.ت6.0m | -1.4% | PB1.4x | |
| BNA Banque Nationale Agricole Société anonyme | د.ت8.89 | 1.0% +د.ت5.7m | 18.7% | PB0.3x | |
| BIAT Banque Internationale Arabe de Tunisie Société anonyme | د.ت86.55 | 0.2% +د.ت2.7m | 45.6% | PB0.8x | |
| AB Amen Bank Société anonyme | د.ت24.62 | 0.3% +د.ت1.9m | 5.7% | PB0.5x | |
| TRE Société Tunisienne de Réassurance | د.ت6.58 | 1.2% +د.ت1.6m | -9.6% | PE7.7x |