Tunisian (TUNINDEX) Diversified Financial Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
- 7D2.4%
- 3M0.5%
- 1Y7.3%
- YTD19.1%
Over the last 7 days, the Diversified Financial industry has risen 2.9%, driven by gains from BH Bank Société anonyme of 3.7%. This takes the industry's 12 month performance to a gain of 8.0%. As for the next few years, earnings are forecast to decline by 1.6% per annum.
Industry Valuation and Performance
Has the Tunisian Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | د.ت1.3b | د.ت820.6m | د.ت216.9m | 5.7x | 6x | 1.6x |
| Sun, 23 Jun 2024 | د.ت1.3b | د.ت1.1b | د.ت237.6m | 5.9x | 5.3x | 1.1x |
| Tue, 21 May 2024 | د.ت1.2b | د.ت1.1b | د.ت237.6m | 6x | 5.1x | 1.1x |
| Thu, 18 Apr 2024 | د.ت1.3b | د.ت1.1b | د.ت227.9m | 7.2x | 5.5x | 1.2x |
| Sat, 16 Mar 2024 | د.ت1.1b | د.ت1.0b | د.ت206.1m | 7.2x | 5.5x | 1.1x |
| Mon, 12 Feb 2024 | د.ت1.1b | د.ت1.0b | د.ت206.1m | 6.7x | 5.2x | 1.1x |
| Wed, 10 Jan 2024 | د.ت1.1b | د.ت1.0b | د.ت206.1m | 6.8x | 5.3x | 1.1x |
| Fri, 08 Dec 2023 | د.ت1.1b | د.ت1.0b | د.ت206.1m | 6.3x | 5.3x | 1.1x |
| Sun, 05 Nov 2023 | د.ت1.0b | د.ت1.0b | د.ت208.7m | 6x | 5x | 1x |
| Tue, 03 Oct 2023 | د.ت1.1b | د.ت1.0b | د.ت208.7m | 6.2x | 5.1x | 1.1x |
| Thu, 31 Aug 2023 | د.ت1.2b | د.ت1.0b | د.ت207.0m | 6x | 5.6x | 1.1x |
| Sat, 29 Jul 2023 | د.ت1.2b | د.ت1.0b | د.ت207.0m | 6x | 5.8x | 1.2x |
| Mon, 26 Jun 2023 | د.ت1.2b | د.ت1.0b | د.ت207.0m | 5.9x | 5.7x | 1.2x |
| Wed, 24 May 2023 | د.ت1.2b | د.ت996.3m | د.ت197.3m | 6.7x | 6x | 1.2x |
| Fri, 21 Apr 2023 | د.ت1.2b | د.ت996.0m | د.ت197.3m | 6.3x | 5.9x | 1.2x |
| Sun, 19 Mar 2023 | د.ت460.0m | د.ت481.3m | د.ت63.1m | 7.5x | 7.3x | 1x |
| Tue, 14 Feb 2023 | د.ت456.9m | د.ت481.3m | د.ت63.1m | 7.2x | 7.2x | 0.9x |
| Thu, 12 Jan 2023 | د.ت460.4m | د.ت481.3m | د.ت63.1m | 7.1x | 7.3x | 1x |
| Sat, 10 Dec 2022 | د.ت444.8m | د.ت490.0m | د.ت68.9m | 6.4x | 6.5x | 0.9x |
| Mon, 07 Nov 2022 | د.ت453.8m | د.ت490.0m | د.ت68.9m | 6.6x | 6.6x | 0.9x |
| Wed, 05 Oct 2022 | د.ت450.8m | د.ت490.0m | د.ت68.9m | 6.3x | 6.5x | 0.9x |
| Fri, 02 Sep 2022 | د.ت447.6m | د.ت217.9m | د.ت49.7m | 7.6x | 9x | 2.1x |
| Sun, 31 Jul 2022 | د.ت415.8m | د.ت217.9m | د.ت49.7m | 6.5x | 8.4x | 1.9x |
| Tue, 28 Jun 2022 | د.ت403.7m | د.ت498.8m | د.ت58.7m | 6.4x | 6.9x | 0.8x |
| Thu, 26 May 2022 | د.ت401.9m | د.ت498.8m | د.ت58.7m | 6.4x | 6.8x | 0.8x |
| Sat, 23 Apr 2022 | د.ت402.2m | د.ت498.8m | د.ت58.7m | 6.1x | 6.9x | 0.8x |
| Mon, 21 Mar 2022 | د.ت417.8m | د.ت470.5m | د.ت42.6m | 7.9x | 9.8x | 0.9x |
| Wed, 16 Feb 2022 | د.ت386.3m | د.ت470.5m | د.ت42.6m | 6.6x | 9.1x | 0.8x |
| Fri, 14 Jan 2022 | د.ت372.7m | د.ت470.5m | د.ت42.6m | 6.7x | 8.8x | 0.8x |
| Sun, 12 Dec 2021 | د.ت367.2m | د.ت189.5m | د.ت33.6m | 5.9x | 10.9x | 1.9x |
| Tue, 09 Nov 2021 | د.ت366.2m | د.ت189.5m | د.ت33.6m | 5.6x | 10.9x | 1.9x |
| Thu, 07 Oct 2021 | د.ت368.9m | د.ت189.5m | د.ت33.6m | 5.6x | 11x | 1.9x |
| Sat, 04 Sep 2021 | د.ت364.0m | د.ت479.0m | د.ت44.7m | 6.4x | 8.1x | 0.8x |
| Mon, 02 Aug 2021 | د.ت373.2m | د.ت479.0m | د.ت44.7m | 6.6x | 8.3x | 0.8x |
Price to Earnings Ratio
8.3x
Current Industry PE
- Investors are pessimistic on the Tunisian Diversified Financial industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.0x which is lower than its 3-year average PE of 7.0x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have grown 69% per year over the last three years.
- Revenues for these companies have grown 20% 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 | -0.31% | |
| Financials | 0.15% | |
| Diversified Financial | 2.42% | |
| Specialized Finance | 0.41% | |
| Other Diversified Financial Services | 0% | |
| Multi-Sector Holdings | 0% | |
| Transaction and Payment Processing Services | 0% | |
Industry PE
- Investors are most optimistic about the Specialized Finance industry which is trading above its 3-year average PE ratio of 7.6x.
- Analysts are expecting annual earnings decline of 1.6%, which is lower than the prior year's growth of 17.8% per year.
- Investors are most pessimistic about the Specialized Finance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.6x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Specialized Finance industry since they expect its earnings to decline by only 1.6% 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 18% per year.
- In contrast, the Specialized Finance industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| BH BH Bank Société anonyme | د.ت14.24 | 4.3% +د.ت28.1m | 3.0% | PE4.7x | |
| ATL Arab Tunisian Lease | د.ت3.80 | 6.4% +د.ت7.5m | 0% | PE6.2x | |
| HL Hannibal Lease | د.ت6.55 | 4.5% +د.ت3.1m | n/a | PE5.5x | |
| BL Best Lease | د.ت2.24 | 1.8% +د.ت1.2m | -2.2% | PE5.4x | |
| TJL Attijari Leasing | د.ت19.15 | 0.3% +د.ت137.5k | 16.8% | PE6x |