Trinidad & Tobago (TTSE) Market Analysis & Valuation
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies24
- 7D0.5%
- 3M-1.4%
- 1Y-4.9%
- YTD-5.0%
The market has stayed flat over the 7 days. As for last year, the market is down 4.9%.
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 |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | TT$103.0b | TT$55.4b | TT$9.1b | 12.2x | 11.4x | 1.9x |
| Fri, 25 Aug 2023 | TT$103.7b | TT$55.4b | TT$9.1b | 12.2x | 11.4x | 1.9x |
| Sun, 23 Jul 2023 | TT$106.0b | TT$54.1b | TT$8.5b | 13.3x | 12.5x | 2x |
| Tue, 20 Jun 2023 | TT$105.4b | TT$54.1b | TT$8.6b | 12.3x | 12.3x | 1.9x |
| Thu, 18 May 2023 | TT$108.3b | TT$53.0b | TT$9.3b | 13.2x | 11.7x | 2x |
| Sat, 15 Apr 2023 | TT$108.9b | TT$52.5b | TT$9.6b | 12.9x | 11.4x | 2.1x |
| Mon, 13 Mar 2023 | TT$109.2b | TT$51.9b | TT$9.4b | 13.6x | 11.6x | 2.1x |
| Wed, 08 Feb 2023 | TT$109.1b | TT$51.7b | TT$10.4b | 13.9x | 10.5x | 2.1x |
| Fri, 06 Jan 2023 | TT$108.0b | TT$51.5b | TT$10.3b | 14.2x | 10.5x | 2.1x |
| Sun, 04 Dec 2022 | TT$106.2b | TT$51.3b | TT$10.0b | 14x | 10.7x | 2.1x |
| Tue, 01 Nov 2022 | TT$106.0b | TT$50.6b | TT$9.7b | 13.5x | 11x | 2.1x |
| Thu, 29 Sep 2022 | TT$108.2b | TT$50.6b | TT$9.6b | 14.2x | 11.3x | 2.1x |
| Sat, 27 Aug 2022 | TT$109.2b | TT$50.5b | TT$9.6b | 15.6x | 11.4x | 2.2x |
| Mon, 25 Jul 2022 | TT$110.5b | TT$49.0b | TT$9.4b | 16x | 11.8x | 2.3x |
| Wed, 22 Jun 2022 | TT$109.6b | TT$48.9b | TT$9.2b | 16x | 11.9x | 2.2x |
| Fri, 20 May 2022 | TT$110.7b | TT$48.7b | TT$7.9b | 16.1x | 14.1x | 2.3x |
| Sun, 17 Apr 2022 | TT$111.6b | TT$48.1b | TT$7.8b | 16.6x | 14.3x | 2.3x |
| Tue, 15 Mar 2022 | TT$116.3b | TT$47.5b | TT$6.9b | 19.5x | 16.8x | 2.5x |
| Thu, 10 Feb 2022 | TT$115.4b | TT$47.0b | TT$6.9b | 19.3x | 16.7x | 2.5x |
| Sat, 08 Jan 2022 | TT$115.4b | TT$47.0b | TT$6.9b | 18.7x | 16.7x | 2.5x |
| Mon, 06 Dec 2021 | TT$109.5b | TT$46.8b | TT$5.9b | 19.1x | 18.7x | 2.3x |
| Wed, 03 Nov 2021 | TT$106.2b | TT$44.5b | TT$4.3b | 18.3x | 24.8x | 2.4x |
| Fri, 01 Oct 2021 | TT$106.1b | TT$46.5b | TT$4.8b | 18.8x | 22x | 2.3x |
| Sun, 29 Aug 2021 | TT$106.4b | TT$47.0b | TT$4.7b | 18.7x | 22.5x | 2.3x |
| Mon, 05 Jul 2021 | TT$105.6b | TT$47.0b | TT$4.7b | 19.1x | 22.3x | 2.2x |
| Thu, 08 Apr 2021 | TT$99.5b | TT$44.9b | TT$3.5b | 19x | 28.1x | 2.2x |
| Sun, 10 Jan 2021 | TT$99.0b | TT$44.8b | TT$3.1b | 21.1x | 31.6x | 2.2x |
| Sat, 03 Oct 2020 | TT$100.0b | TT$45.4b | TT$4.1b | 19.2x | 24.7x | 2.2x |
Price to Earnings Ratio
24.7x
Current Market PE
- Investors are pessimistic on the Trinidadian or Tobagonian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 11.4x which is lower than its 3-year average PE of 18.1x.
Past Earnings Growth
- The earnings for Trinidadian or Tobagonian listed companies have grown 31% per year over the last three years.
- Revenues for these companies have grown 6.9% 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 | 0.51% | |
| Industrials | 0.95% | |
| Consumer Discretionary | 0.56% | |
| Financials | 0.55% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Consumer Staples | -0.07% | |
| Energy | -0.88% | |
| Telecom | -2.36% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth even though it's trading below its 3-year average PE ratio of 22.5x.
- 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 | |
|---|---|---|---|---|---|---|
| RFHL Republic Financial Holdings | TT$121.99 | 1.2% +TT$237.3m | -12.9% | PB1.6x | Financials | |
| SBTT Scotiabank Trinidad and Tobago | TT$72.73 | 1.1% +TT$137.5m | -7.3% | PB2.9x | Financials | |
| AGL Agostini's | TT$68.00 | 2.1% +TT$98.8m | 51.1% | PE15x | Industrials | |
| MASSY Massy Holdings | TT$4.86 | 0.4% +TT$39.6m | 2.1% | PE12.7x | Industrials | |
| FCGFH First Citizens Group Financial Holdings | TT$49.11 | 0.2% +TT$27.6m | -1.8% | PB1.5x | Financials |
Market Insights
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