Trinidad & Tobago (TTSE) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies24
- 7D-1.4%
- 3M-4.8%
- 1Y8.3%
- YTD-3.2%
Over the last 7 days, the market has dropped 1.4%, driven by a pullback of 1.4% in the Financials sector. Meanwhile, the Consumer Discretionary sector has outperformed, gaining 4.7% in that time. In the last year, the market is actually up 8.3%.
Market Valuation and Performance
Has the Trinidad & Tobago Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | TT$109.8b | TT$48.6b | TT$7.8b | 15.9x |
| Wed, 20 Apr 2022 | TT$111.6b | TT$48.1b | TT$7.8b | 16.6x |
| Fri, 18 Mar 2022 | TT$113.4b | TT$47.5b | TT$7.0b | 19x |
| Sun, 13 Feb 2022 | TT$115.6b | TT$47.0b | TT$6.9b | 19.4x |
| Tue, 11 Jan 2022 | TT$115.6b | TT$47.0b | TT$6.9b | 18.7x |
| Thu, 09 Dec 2021 | TT$108.8b | TT$46.8b | TT$5.9b | 19x |
| Sat, 06 Nov 2021 | TT$106.6b | TT$44.5b | TT$4.3b | 18.5x |
| Mon, 04 Oct 2021 | TT$106.0b | TT$46.5b | TT$4.8b | 18.7x |
| Wed, 01 Sep 2021 | TT$106.3b | TT$47.0b | TT$4.7b | 18.5x |
| Thu, 08 Jul 2021 | TT$105.6b | TT$47.0b | TT$4.7b | 19.1x |
| Wed, 31 Mar 2021 | TT$99.5b | TT$44.9b | TT$3.5b | 19x |
| Sat, 02 Jan 2021 | TT$99.0b | TT$44.8b | TT$3.1b | 21.1x |
| Tue, 06 Oct 2020 | TT$100.0b | TT$45.4b | TT$4.1b | 19.2x |
| Fri, 10 Jul 2020 | TT$99.1b | TT$45.7b | TT$4.6b | 17.6x |
| Thu, 02 Apr 2020 | TT$98.5b | TT$48.8b | TT$6.2b | 15x |
| Sun, 05 Jan 2020 | TT$105.2b | TT$49.8b | TT$7.1b | 15x |
| Wed, 09 Oct 2019 | TT$101.3b | TT$47.9b | TT$6.1b | 19x |
| Tue, 02 Jul 2019 | TT$102.7b | TT$47.1b | TT$6.2b | 16.3x |
Median PE Ratio
16x
Current Market PE
- Investors are relatively neutral on the 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 17.9x.
Past Earnings Growth
- The earnings for Trinidadian or Tobagonian listed companies have grown 8.4% per year over the last three years, while revenues have remained steady.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Sector Trends
Which sectors have driven the changes within the Trinidad & Tobago Market?
| TT Market | -1.39% | |
| Consumer Discretionary | 4.71% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Real Estate | -0.13% | |
| Industrials | -1.04% | |
| Consumer Staples | -1.37% | |
| Financials | -1.41% | |
| Energy | -2.41% | |
| Materials | -2.78% | |
| Telecom | -2.96% | |
Sector PE
- Investors are most optimistic about the Telecom sector even though it's trading below its 3-year average PE ratio of 64.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Consumer Discretionary sector, which is trading below its 3-year average of 12.5x.
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 | |
|---|---|---|---|---|---|---|
| GHL Guardian Holdings | TT$27.53 | 2.0% +TT$123.0m | -14.9% | PS8.1x | Financials | |
| PHL Prestige Holdings | TT$7.08 | 5.2% +TT$21.3m | 1.1% | PS0.6x | Consumer Discretionary | |
| UCL Unilever Caribbean | TT$16.50 | 1.8% +TT$7.6m | 1.0% | PS25.7x | Consumer Staples | |
| RFHL Republic Financial Holdings | TT$140.01 | 0.007% +TT$1.6m | 3.7% | PB1.9x | Financials | |
| CINE1 CinemaONE | TT$2.00 | 11.7% +TT$1.3m | -50.0% | PS2.9x | Telecom |