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Trinidad & Tobago (TTSE) Financials Sector Analysis

UpdatedDec 02, 2024
DataAggregated Company Financials
Companies8
  • 7D1.0%
  • 3M1.6%
  • 1Y-6.6%
  • YTD-7.6%

Over the last 7 days, the Financials industry has risen 1.0%, driven by gains from FirstCaribbean International Bank of 10%. However, the industry is down 6.6% over the past year.

Sector Valuation and Performance

Has the Trinidad & Tobago Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Dec 2024TT$70.1bTT$32.1bTT$5.8b11.7x12.1x2.2x
Thu, 31 Oct 2024TT$68.3bTT$32.0bTT$5.6b11.7x12.1x2.1x
Sat, 28 Sep 2024TT$68.6bTT$31.8bTT$5.6b11.7x12.2x2.2x
Mon, 26 Aug 2024TT$69.8bTT$31.8bTT$5.7b13x12.4x2.2x
Wed, 24 Jul 2024TT$72.1bTT$31.7bTT$5.6b13x12.9x2.3x
Fri, 21 Jun 2024TT$71.2bTT$31.7bTT$5.6b12.6x12.7x2.2x
Sun, 19 May 2024TT$73.1bTT$31.6bTT$6.1b13.7x12x2.3x
Tue, 16 Apr 2024TT$75.4bTT$30.4bTT$5.8b14.8x13.1x2.5x
Thu, 14 Mar 2024TT$74.7bTT$30.5bTT$5.7b15.3x13.1x2.5x
Sat, 10 Feb 2024TT$74.1bTT$31.1bTT$6.3b15.4x11.7x2.4x
Mon, 08 Jan 2024TT$75.6bTT$30.6bTT$6.9b13.7x11x2.5x
Wed, 06 Dec 2023TT$74.8bTT$30.5bTT$6.9b13.3x10.8x2.5x
Fri, 03 Nov 2023TT$75.6bTT$30.1bTT$6.8b13.6x11x2.5x
Sun, 01 Oct 2023TT$76.3bTT$30.1bTT$6.8b13.7x11.2x2.5x
Tue, 29 Aug 2023TT$76.5bTT$30.1bTT$6.9b13.9x11.1x2.5x
Thu, 27 Jul 2023TT$77.9bTT$29.5bTT$6.4b14.7x12.2x2.6x
Sat, 24 Jun 2023TT$77.0bTT$29.5bTT$6.4b14.8x12x2.6x
Mon, 22 May 2023TT$78.3bTT$28.9bTT$7.1b13.6x11x2.7x
Wed, 19 Apr 2023TT$80.5bTT$28.7bTT$7.2b14.6x11.2x2.8x
Fri, 17 Mar 2023TT$81.0bTT$28.1bTT$7.0b14.8x11.5x2.9x
Sun, 12 Feb 2023TT$79.8bTT$28.4bTT$8.1b14.7x9.8x2.8x
Tue, 10 Jan 2023TT$79.0bTT$28.1bTT$8.0b15.8x9.9x2.8x
Thu, 08 Dec 2022TT$77.1bTT$28.0bTT$7.7b15.8x10x2.8x
Sat, 05 Nov 2022TT$76.5bTT$27.8bTT$7.5b18x10.3x2.8x
Mon, 03 Oct 2022TT$78.6bTT$27.7bTT$7.4b18.6x10.6x2.8x
Wed, 31 Aug 2022TT$79.4bTT$27.6bTT$7.4b18.6x10.7x2.9x
Fri, 29 Jul 2022TT$79.0bTT$27.0bTT$7.3b16.8x10.8x2.9x
Sun, 26 Jun 2022TT$78.7bTT$26.9bTT$7.1b16.5x11x2.9x
Tue, 24 May 2022TT$79.5bTT$26.9bTT$7.2b14.3x11x3x
Thu, 21 Apr 2022TT$81.1bTT$26.8bTT$5.8b14.5x14.1x3x
Sat, 19 Mar 2022TT$82.4bTT$26.2bTT$5.5b15.5x15x3.1x
Mon, 14 Feb 2022TT$84.7bTT$26.2bTT$5.4b16.2x15.6x3.2x
Wed, 12 Jan 2022TT$84.7bTT$26.1bTT$5.4b15.8x15.6x3.2x
Fri, 10 Dec 2021TT$80.9bTT$25.9bTT$4.6b17.3x17.7x3.1x
Price to Earnings Ratio

17.7x


Total Market Cap: TT$80.9bTotal Earnings: TT$4.6bTotal Revenue: TT$25.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Trinidad & Tobago Financials Sector Price to Earnings3Y Average 12x202220232024
Current Industry PE
  • Investors are relatively neutral on the Trinidadian or Tobagonian Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 12.0x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 8.3% per year over the last three years.
  • Revenues for these companies have grown 7.4% 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 Trinidad & Tobago Financials sector?

TT Market0.46%
Financials1.02%
Diversified Financial3.69%
Insurance1.18%
Banks0.20%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Capital Markets0%
Industry PE
  • Investors are most optimistic about the Banks industry even though it's trading below its 3-year average PE ratio of 13.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CIBC FirstCaribbean International BankTT$8.0010.3%
+TT$1.2b
14.3%PB1.3x
AMCL ANSA McALTT$63.065.4%
+TT$556.9m
16.8%PE18.7x
GHL Guardian HoldingsTT$13.761.2%
+TT$37.1m
-23.6%PE3.8x
NEL National EnterprisesTT$2.781.1%
+TT$18.0m
-21.5%PS13.6x
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Latest News

RFHL

TT$113.00

Republic Financial Holdings

7D

-1.6%

1Y

-5.9%

CIBC

TT$8.00

FirstCaribbean International Bank

7D

10.3%

1Y

14.3%

GHL

TT$13.76

Guardian Holdings

7D

1.2%

1Y

-23.6%

SBTT

TT$55.00

Scotiabank Trinidad and Tobago

7D

-2.9%

1Y

-22.0%

AMCL

TT$63.06

ANSA McAL

7D

5.4%

1Y

16.8%

NEL

TT$2.78

National Enterprises

7D

1.1%

1Y

-21.5%