Tunisian (TUNINDEX) Financials Sector Analysis

Sector Valuation and Performance

Has the Tunisian Financials Sector valuation changed over the past few years?

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 8.8x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Financials industry have remained mostly flat over the last three years, while revenues for these companies have grown 2.6% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Tunisian Financials sector?

Industry PE: Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 12.8x. This is likely because analysts are expecting annual earnings growth of 16%, which is higher than its past year's earnings decline of 4.8% per year. Meanwhile, investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 9.9x.

Forecasted Growth: Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 16% over the next 5 years. This is better than its past earnings decline of 4.8% per year. Meanwhile, the Diversified Financial industry is expected to see its earnings grow by 3.9% per year over the next few years.

Top Stock Gainers and Losers

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