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Trinidad & Tobago (TTSE) Market Analysis & Valuation
UpdatedNov 22, 2024
DataAggregated Company Financials
Companies25
- 7D1.2%
- 3M-0.4%
- 1Y-10.7%
- YTD-10.7%
The market has climbed 2.7% in the last 7 days, lead by the Financials sector with a gain of 3.1%. In contrast, the market has seen a decline of 9.7% over the last 12 months.
Market Valuation and Performance
Has the Trinidad & Tobago Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 Nov 2024 | TT$91.5b | TT$59.9b | TT$7.1b | 11.4x | 12.8x | 1.5x |
| Sun, 20 Oct 2024 | TT$88.4b | TT$59.6b | TT$6.8b | 10.6x | 12.9x | 1.5x |
| Tue, 17 Sep 2024 | TT$90.1b | TT$59.6b | TT$6.8b | 11.7x | 13.2x | 1.5x |
| Thu, 15 Aug 2024 | TT$92.3b | TT$59.1b | TT$6.8b | 12x | 13.5x | 1.6x |
| Sat, 13 Jul 2024 | TT$95.2b | TT$59.0b | TT$6.8b | 13.2x | 14.1x | 1.6x |
| Mon, 10 Jun 2024 | TT$94.3b | TT$58.8b | TT$7.2b | 12x | 13.1x | 1.6x |
| Wed, 08 May 2024 | TT$98.2b | TT$57.4b | TT$6.9b | 12.4x | 14.3x | 1.7x |
| Fri, 05 Apr 2024 | TT$100.6b | TT$57.2b | TT$6.8b | 12.7x | 14.8x | 1.8x |
| Sun, 03 Mar 2024 | TT$99.3b | TT$57.1b | TT$6.7b | 11.2x | 14.8x | 1.7x |
| Tue, 30 Jan 2024 | TT$100.0b | TT$56.6b | TT$8.1b | 11.2x | 12.3x | 1.8x |
| Thu, 28 Dec 2023 | TT$100.4b | TT$56.6b | TT$8.1b | 11.2x | 12.4x | 1.8x |
| Sat, 25 Nov 2023 | TT$101.2b | TT$55.7b | TT$8.1b | 11.4x | 12.5x | 1.8x |
| Mon, 23 Oct 2023 | TT$101.2b | TT$55.4b | TT$9.1b | 12x | 11.2x | 1.8x |
| Wed, 20 Sep 2023 | TT$103.2b | TT$55.4b | TT$9.0b | 12x | 11.4x | 1.9x |
| Fri, 18 Aug 2023 | TT$104.8b | TT$55.4b | TT$9.1b | 12.5x | 11.5x | 1.9x |
| Sun, 16 Jul 2023 | TT$105.0b | TT$54.0b | TT$8.5b | 13.3x | 12.4x | 1.9x |
| Tue, 13 Jun 2023 | TT$105.3b | TT$53.9b | TT$8.4b | 11.8x | 12.6x | 2x |
| Thu, 11 May 2023 | TT$109.7b | TT$52.7b | TT$9.6b | 13.8x | 11.5x | 2.1x |
| Sat, 08 Apr 2023 | TT$109.4b | TT$52.5b | TT$9.6b | 12.8x | 11.4x | 2.1x |
| Mon, 06 Mar 2023 | TT$109.7b | TT$51.7b | TT$10.3b | 13.8x | 10.7x | 2.1x |
| Wed, 01 Feb 2023 | TT$108.6b | TT$51.7b | TT$10.4b | 13.8x | 10.4x | 2.1x |
| Fri, 30 Dec 2022 | TT$109.1b | TT$51.5b | TT$10.3b | 13.7x | 10.6x | 2.1x |
| Sun, 27 Nov 2022 | TT$106.0b | TT$51.1b | TT$10.0b | 13.9x | 10.6x | 2.1x |
| Tue, 25 Oct 2022 | TT$107.0b | TT$50.6b | TT$9.7b | 13.5x | 11.1x | 2.1x |
| Thu, 22 Sep 2022 | TT$108.7b | TT$50.6b | TT$9.6b | 13.9x | 11.3x | 2.1x |
| Sat, 20 Aug 2022 | TT$108.9b | TT$50.2b | TT$9.3b | 16.2x | 11.7x | 2.2x |
| Mon, 18 Jul 2022 | TT$110.2b | TT$49.0b | TT$9.4b | 15.9x | 11.7x | 2.2x |
| Wed, 15 Jun 2022 | TT$110.2b | TT$48.8b | TT$9.2b | 16.2x | 12x | 2.3x |
| Fri, 13 May 2022 | TT$111.1b | TT$48.5b | TT$7.8b | 16.3x | 14.2x | 2.3x |
| Sun, 10 Apr 2022 | TT$112.5b | TT$48.0b | TT$7.7b | 16.7x | 14.6x | 2.3x |
| Tue, 08 Mar 2022 | TT$113.7b | TT$47.5b | TT$6.9b | 18.7x | 16.4x | 2.4x |
| Thu, 03 Feb 2022 | TT$115.1b | TT$47.0b | TT$6.9b | 19.4x | 16.7x | 2.5x |
| Sat, 01 Jan 2022 | TT$113.4b | TT$47.0b | TT$6.9b | 18.7x | 16.4x | 2.4x |
| Mon, 29 Nov 2021 | TT$109.1b | TT$46.7b | TT$5.9b | 19.1x | 18.6x | 2.3x |
Price to Earnings Ratio
18.6x
Current Market PE
- Investors are relatively neutral on the Trinidadian or Tobagonian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 12.9x.
Past Earnings Growth
- The earnings for Trinidadian or Tobagonian listed companies have grown 7.6% per year over the last three years.
- Revenues for these companies have grown 8.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Trinidad & Tobago Market?
| TT Market | 1.22% | |
| Energy | 5.12% | |
| Telecom | 2.91% | |
| Financials | 1.62% | |
| Industrials | 1.15% | |
| Real Estate | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | -1.80% | |
| Consumer Staples | -2.15% | |
| Materials | -8.43% | |
Sector PE
- Investors favour the Telecom sector the most for future growth even though it's trading below its 3-year average PE ratio of 259x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| CIBC FirstCaribbean International Bank | TT$7.65 | 8.4% +TT$930.5m | 9.3% | PB1.2x | Financials | |
| MASSY Massy Holdings | TT$3.96 | 1.8% +TT$138.6m | -10.8% | PE10.8x | Industrials | |
| RFHL Republic Financial Holdings | TT$114.14 | 0.5% +TT$93.3m | -5.2% | PB1.4x | Financials | |
| AMCL ANSA McAL | TT$60.00 | 0.5% +TT$50.0m | 5.3% | PE17.8x | Financials | |
| NGL Trinidad and Tobago NGL | TT$4.70 | 5.9% +TT$40.2m | -57.2% | PS9.3x | Energy |
