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Tunisian (TUNINDEX) Financials Sector Analysis
UpdatedMar 02, 2026
DataAggregated Company Financials
Companies25
- 7D2.5%
- 3M15.7%
- 1Y35.0%
- YTD14.7%
In the last week, the Financials industry is up 2.5%, with Banque Attijari de Tunisie Société anonyme up 2.9%. In the last 12 months, the industry was up 35%. Looking forward, earnings are forecast to grow by 5.6% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 02 Mar 2026 | د.ت21.4b | د.ت8.9b | د.ت2.0b | 11.7x | 10.7x | 2.4x |
| Wed, 28 Jan 2026 | د.ت20.5b | د.ت8.9b | د.ت2.0b | 10.7x | 10.2x | 2.3x |
| Fri, 26 Dec 2025 | د.ت18.5b | د.ت9.2b | د.ت2.0b | 9.5x | 9.1x | 2x |
| Sun, 23 Nov 2025 | د.ت18.6b | د.ت9.2b | د.ت2.0b | 9.7x | 9.1x | 2x |
| Tue, 21 Oct 2025 | د.ت17.1b | د.ت9.0b | د.ت2.0b | 9.3x | 8.6x | 1.9x |
| Thu, 18 Sep 2025 | د.ت16.9b | د.ت9.1b | د.ت2.0b | 9.1x | 8.4x | 1.9x |
| Sat, 16 Aug 2025 | د.ت15.9b | د.ت8.9b | د.ت2.0b | 8.6x | 8x | 1.8x |
| Mon, 14 Jul 2025 | د.ت15.8b | د.ت8.9b | د.ت2.0b | 8.4x | 8x | 1.8x |
| Wed, 11 Jun 2025 | د.ت15.5b | د.ت8.9b | د.ت2.0b | 8x | 7.8x | 1.7x |
| Fri, 09 May 2025 | د.ت15.7b | د.ت8.8b | د.ت2.0b | 7.4x | 8x | 1.8x |
| Sun, 06 Apr 2025 | د.ت16.2b | د.ت7.7b | د.ت1.8b | 7.4x | 8.9x | 2.1x |
| Tue, 04 Mar 2025 | د.ت15.8b | د.ت7.7b | د.ت1.8b | 7.6x | 8.7x | 2.1x |
| Thu, 30 Jan 2025 | د.ت15.2b | د.ت7.5b | د.ت1.8b | 7.3x | 8.4x | 2x |
| Sat, 28 Dec 2024 | د.ت14.6b | د.ت7.9b | د.ت1.8b | 7.4x | 8x | 1.9x |
| Mon, 25 Nov 2024 | د.ت14.3b | د.ت7.9b | د.ت1.8b | 7.3x | 7.8x | 1.8x |
| Wed, 23 Oct 2024 | د.ت14.5b | د.ت7.7b | د.ت1.8b | 7.2x | 7.9x | 1.9x |
| Fri, 20 Sep 2024 | د.ت14.4b | د.ت7.7b | د.ت1.8b | 7.4x | 7.9x | 1.9x |
| Sun, 18 Aug 2024 | د.ت14.6b | د.ت7.6b | د.ت1.8b | 7.4x | 7.9x | 1.9x |
| Tue, 16 Jul 2024 | د.ت14.7b | د.ت7.6b | د.ت1.8b | 7.6x | 8x | 1.9x |
| Thu, 13 Jun 2024 | د.ت14.7b | د.ت8.1b | د.ت1.9b | 7.4x | 7.9x | 1.8x |
| Sat, 11 May 2024 | د.ت14.0b | د.ت8.2b | د.ت1.9b | 7.2x | 7.3x | 1.7x |
| Mon, 08 Apr 2024 | د.ت14.0b | د.ت7.9b | د.ت1.8b | 7.7x | 7.7x | 1.8x |
| Wed, 06 Mar 2024 | د.ت13.5b | د.ت7.7b | د.ت1.7b | 7.7x | 7.9x | 1.8x |
| Fri, 02 Feb 2024 | د.ت13.3b | د.ت6.9b | د.ت1.5b | 7.6x | 8.6x | 1.9x |
| Sun, 31 Dec 2023 | د.ت13.5b | د.ت6.9b | د.ت1.5b | 7.8x | 8.8x | 2x |
| Tue, 28 Nov 2023 | د.ت13.2b | د.ت7.6b | د.ت1.7b | 7.6x | 7.6x | 1.7x |
| Thu, 26 Oct 2023 | د.ت13.0b | د.ت7.6b | د.ت1.7b | 7.3x | 7.5x | 1.7x |
| Sat, 23 Sep 2023 | د.ت12.9b | د.ت7.6b | د.ت1.7b | 7.2x | 7.5x | 1.7x |
| Mon, 21 Aug 2023 | د.ت13.6b | د.ت7.5b | د.ت1.7b | 7.4x | 7.9x | 1.8x |
| Wed, 19 Jul 2023 | د.ت13.7b | د.ت7.5b | د.ت1.7b | 7.6x | 8x | 1.8x |
| Fri, 16 Jun 2023 | د.ت13.4b | د.ت7.4b | د.ت1.7b | 7.7x | 7.9x | 1.8x |
| Sun, 14 May 2023 | د.ت13.1b | د.ت7.3b | د.ت1.7b | 7.6x | 7.7x | 1.8x |
| Tue, 11 Apr 2023 | د.ت13.3b | د.ت7.0b | د.ت1.6b | 7.7x | 8.3x | 1.9x |
| Thu, 09 Mar 2023 | د.ت12.6b | د.ت6.9b | د.ت1.5b | 8.6x | 8.4x | 1.8x |
Price to Earnings Ratio
8.4x
Current Industry PE
- Investors are optimistic on the Tunisian Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.7x which is higher than its 3-year average PE of 8.2x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 10.0% per year over the last three years.
- Revenues for these companies have grown 9.2% 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 | 1.76% | |
| Financials | 2.47% | |
| Capital Markets | 7.35% | |
| Insurance | 5.81% | |
| Banks | 2.15% | |
| Diversified Financial | 0.48% | |
| Mortgage Finance | 0% | 0 |
Industry PE
- Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 10.9x.
- Analysts are expecting annual earnings growth of 3.8%, which is higher than its past year's earnings decline of 23.2% per year.
- Investors are most pessimistic about the Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.2x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 8.5% over the next 5 years.
- This is better than its past earnings decline of 3.4% per year.
- In contrast, the Capital Markets industry is expected to see its earnings grow by 3.8% 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 | |
|---|---|---|---|---|---|
| TJARI Banque Attijari de Tunisie Société anonyme | د.ت71.90 | 2.9% +د.ت102.5m | 25.9% | PB3x | |
| STAR Société Tunisienne d'Assurances et de Réassurances | د.ت64.25 | 11.5% +د.ت66.5m | 71.4% | PE18.8x | |
| UBCI Union Bancaire pour le Commerce et L'Industrie Société anonyme | د.ت37.49 | 9.2% +د.ت63.0m | 83.8% | PB1.4x | |
| BNA Banque Nationale Agricole Société anonyme | د.ت14.30 | 7.4% +د.ت62.8m | 63.4% | PB0.4x | |
| STB Société Tunisienne de Banque Société anonyme | د.ت4.02 | 5.5% +د.ت32.4m | 35.4% | PB0.5x |