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Tunisian (TUNINDEX) Banks Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies10
- 7D2.2%
- 3M8.5%
- 1Y14.6%
- YTD5.9%
The Banks industry is up 2.2% in the last week, with Banque Attijari de Tunisie Société anonyme up 4.8%. This means that the industry has gained 15% over the past year. Looking forward, earnings are forecast to decline by 5.7% per year.
Industry Valuation and Performance
Has the Tunisian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | د.ت12.1b | د.ت5.2b | د.ت1.4b | 7.6x | 8.5x | 2.3x |
| Sun, 19 Jan 2025 | د.ت11.7b | د.ت5.2b | د.ت1.4b | 7.6x | 8.2x | 2.2x |
| Tue, 17 Dec 2024 | د.ت11.4b | د.ت5.2b | د.ت1.4b | 7.5x | 8x | 2.2x |
| Thu, 14 Nov 2024 | د.ت11.2b | د.ت5.2b | د.ت1.4b | 7.6x | 7.8x | 2.1x |
| Sat, 12 Oct 2024 | د.ت11.5b | د.ت5.2b | د.ت1.4b | 7.6x | 8.1x | 2.2x |
| Mon, 09 Sep 2024 | د.ت11.4b | د.ت5.3b | د.ت1.4b | 7.8x | 8x | 2.2x |
| Wed, 07 Aug 2024 | د.ت11.5b | د.ت5.2b | د.ت1.4b | 7.9x | 8x | 2.2x |
| Fri, 05 Jul 2024 | د.ت11.4b | د.ت5.2b | د.ت1.4b | 7.7x | 8x | 2.2x |
| Sun, 02 Jun 2024 | د.ت11.3b | د.ت5.2b | د.ت1.4b | 8.2x | 7.9x | 2.2x |
| Tue, 30 Apr 2024 | د.ت11.1b | د.ت5.3b | د.ت1.5b | 7.9x | 7.4x | 2.1x |
| Thu, 28 Mar 2024 | د.ت10.9b | د.ت4.8b | د.ت1.3b | 8.4x | 8.3x | 2.3x |
| Sat, 24 Feb 2024 | د.ت10.6b | د.ت4.8b | د.ت1.3b | 8.4x | 8x | 2.2x |
| Mon, 22 Jan 2024 | د.ت10.5b | د.ت4.0b | د.ت1.2b | 8.5x | 9x | 2.6x |
| Wed, 20 Dec 2023 | د.ت10.6b | د.ت4.0b | د.ت1.2b | 8.5x | 9.1x | 2.6x |
| Fri, 17 Nov 2023 | د.ت10.3b | د.ت4.7b | د.ت1.3b | 8x | 7.7x | 2.2x |
| Sun, 15 Oct 2023 | د.ت10.3b | د.ت4.7b | د.ت1.3b | 7.8x | 7.6x | 2.2x |
| Tue, 12 Sep 2023 | د.ت10.8b | د.ت4.7b | د.ت1.3b | 8.2x | 8x | 2.3x |
| Thu, 10 Aug 2023 | د.ت10.7b | د.ت4.7b | د.ت1.3b | 7.8x | 8x | 2.3x |
| Sat, 08 Jul 2023 | د.ت10.8b | د.ت4.7b | د.ت1.3b | 7.9x | 8.1x | 2.3x |
| Mon, 05 Jun 2023 | د.ت10.6b | د.ت4.7b | د.ت1.3b | 7.8x | 8x | 2.3x |
| Wed, 03 May 2023 | د.ت10.3b | د.ت4.7b | د.ت1.3b | 7.9x | 7.7x | 2.2x |
| Fri, 31 Mar 2023 | د.ت10.0b | د.ت4.2b | د.ت1.1b | 8.9x | 8.8x | 2.4x |
| Sun, 26 Feb 2023 | د.ت8.2b | د.ت4.2b | د.ت1.1b | 7.2x | 7.2x | 1.9x |
| Tue, 24 Jan 2023 | د.ت8.5b | د.ت4.2b | د.ت1.1b | 7.3x | 7.6x | 2x |
| Thu, 22 Dec 2022 | د.ت8.2b | د.ت4.2b | د.ت1.1b | 7.2x | 7.2x | 1.9x |
| Sat, 19 Nov 2022 | د.ت8.1b | د.ت4.2b | د.ت1.1b | 7x | 7.2x | 1.9x |
| Mon, 17 Oct 2022 | د.ت8.0b | د.ت4.3b | د.ت1.1b | 6.7x | 7x | 1.9x |
| Wed, 14 Sep 2022 | د.ت7.9b | د.ت4.3b | د.ت1.2b | 5.6x | 6.9x | 1.8x |
| Fri, 12 Aug 2022 | د.ت7.4b | د.ت4.3b | د.ت1.1b | 7.3x | 6.6x | 1.7x |
| Sun, 10 Jul 2022 | د.ت7.2b | د.ت4.3b | د.ت1.1b | 6.9x | 6.5x | 1.7x |
| Tue, 07 Jun 2022 | د.ت7.0b | د.ت4.3b | د.ت1.1b | 6x | 6.3x | 1.6x |
| Thu, 05 May 2022 | د.ت7.1b | د.ت4.3b | د.ت1.1b | 6.2x | 6.3x | 1.7x |
| Sat, 02 Apr 2022 | د.ت6.8b | د.ت3.8b | د.ت944.3m | 6.2x | 7.2x | 1.8x |
| Mon, 28 Feb 2022 | د.ت6.6b | د.ت3.8b | د.ت944.3m | 6.3x | 7x | 1.8x |
Price to Earnings Ratio
7x
Current Industry PE
- Investors are optimistic on the Tunisian Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.5x which is higher than its 3-year average PE of 7.7x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 12% 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 industry?
| TN Market | 1.01% | |
| Financials | 1.44% | |
| Banks | 2.16% | |
| Diversified Banks | 2.16% | |
| Regional Banks | 0% | 0 |
Industry PE
- Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 7.7x.
- Analysts are expecting annual earnings decline of 5.7%, which is lower than the prior year's growth of 11.5% per year.
- Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.7x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 5.7% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 11% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings decline by 5.7% 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.ت64.88 | 6.4% +د.ت165.1m | 32.4% | PB2.4x | |
| BIAT Banque Internationale Arabe de Tunisie Société anonyme | د.ت98.90 | 1.5% +د.ت61.2m | 27.7% | PB1.9x | |
| STB Société Tunisienne de Banque Société anonyme | د.ت2.93 | 8.9% +د.ت37.0m | -15.6% | PB0.3x | |
| UBCI Union Bancaire pour le Commerce et L'Industrie Société anonyme | د.ت21.00 | 4.5% +د.ت18.0m | -10.6% | PB0.8x | |
| BNA Banque Nationale Agricole Société anonyme | د.ت8.56 | 2.6% +د.ت14.0m | 7.0% | PB0.3x |