Trinidad & Tobago (TTSE) Financials Sector Analysis
UpdatedDec 08, 2023
DataAggregated Company Financials
Companies8
- 7D-1.0%
- 3M-2.4%
- 1Y-3.5%
- YTD-5.9%
Over the last 7 days, the Financials industry has remained flat, although notably ANSA McAL declined by 8.1%. Unfortunately though, the industry is down 3.5% over the past 12 months.
Sector Valuation and Performance
Has the Trinidad & Tobago Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 08 Dec 2023 | TT$74.3b | TT$30.5b | TT$6.9b | 13.3x | 10.7x | 2.4x |
| Sun, 05 Nov 2023 | TT$75.5b | TT$30.1b | TT$6.8b | 13.7x | 11.1x | 2.5x |
| Tue, 03 Oct 2023 | TT$76.3b | TT$30.1b | TT$6.8b | 13.7x | 11.2x | 2.5x |
| Thu, 31 Aug 2023 | TT$76.5b | TT$30.1b | TT$6.9b | 13.9x | 11.1x | 2.5x |
| Sat, 29 Jul 2023 | TT$77.7b | TT$29.6b | TT$6.4b | 14.7x | 12.1x | 2.6x |
| Mon, 26 Jun 2023 | TT$77.0b | TT$29.5b | TT$6.4b | 14.8x | 12x | 2.6x |
| Wed, 24 May 2023 | TT$78.4b | TT$29.0b | TT$7.1b | 13.6x | 11x | 2.7x |
| Fri, 21 Apr 2023 | TT$80.5b | TT$28.7b | TT$7.2b | 14.5x | 11.2x | 2.8x |
| Sun, 19 Mar 2023 | TT$81.0b | TT$28.1b | TT$7.0b | 14.8x | 11.5x | 2.9x |
| Tue, 14 Feb 2023 | TT$79.8b | TT$28.3b | TT$8.1b | 14.4x | 9.8x | 2.8x |
| Thu, 12 Jan 2023 | TT$79.1b | TT$28.1b | TT$8.0b | 15.9x | 9.9x | 2.8x |
| Sat, 10 Dec 2022 | TT$76.9b | TT$28.0b | TT$7.7b | 15.7x | 10x | 2.7x |
| Mon, 07 Nov 2022 | TT$76.5b | TT$27.8b | TT$7.5b | 17.9x | 10.3x | 2.8x |
| Wed, 05 Oct 2022 | TT$78.6b | TT$27.6b | TT$7.4b | 18.6x | 10.6x | 2.8x |
| Fri, 02 Sep 2022 | TT$78.7b | TT$27.6b | TT$7.4b | 18.6x | 10.6x | 2.9x |
| Sun, 31 Jul 2022 | TT$79.2b | TT$27.0b | TT$7.3b | 16.9x | 10.9x | 2.9x |
| Tue, 28 Jun 2022 | TT$78.7b | TT$26.9b | TT$7.1b | 16.6x | 11x | 2.9x |
| Thu, 26 May 2022 | TT$79.6b | TT$26.9b | TT$7.2b | 14.4x | 11.1x | 3x |
| Sat, 23 Apr 2022 | TT$80.6b | TT$26.8b | TT$5.8b | 14.5x | 14x | 3x |
| Mon, 21 Mar 2022 | TT$82.4b | TT$26.2b | TT$5.5b | 15.5x | 15x | 3.1x |
| Wed, 16 Feb 2022 | TT$83.9b | TT$26.2b | TT$5.4b | 15.9x | 15.4x | 3.2x |
| Fri, 14 Jan 2022 | TT$84.9b | TT$26.1b | TT$5.4b | 15.9x | 15.6x | 3.2x |
| Sun, 12 Dec 2021 | TT$82.0b | TT$25.9b | TT$4.6b | 17.2x | 18x | 3.2x |
| Tue, 09 Nov 2021 | TT$78.8b | TT$23.6b | TT$3.0b | 18x | 26.4x | 3.3x |
| Thu, 07 Oct 2021 | TT$78.6b | TT$25.5b | TT$3.5b | 17.9x | 22.7x | 3.1x |
| Sat, 04 Sep 2021 | TT$78.7b | TT$25.5b | TT$3.4b | 18.5x | 23.1x | 3.1x |
| Mon, 02 Aug 2021 | TT$78.9b | TT$25.5b | TT$3.4b | 18.7x | 23.2x | 3.1x |
| Thu, 06 May 2021 | TT$73.8b | TT$24.9b | TT$3.2b | 18.4x | 22.8x | 3x |
| Sun, 07 Feb 2021 | TT$73.4b | TT$23.9b | TT$1.8b | 20x | 40.3x | 3.1x |
Price to Earnings Ratio
37.6x
Current Industry PE
- Investors are pessimistic on the Trinidadian or Tobagonian Financials 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 10.7x which is lower than its 3-year average PE of 17.0x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 53% per year over the last three years.
- Revenues for these companies have grown 8.3% 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 Market | -1.38% | |
| Financials | -0.97% | |
| Banks | 0.12% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Capital Markets | 0% | |
| Insurance | -0.55% | |
| Diversified Financial | -5.01% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry, which is trading close to its 3-year average PE ratio of 18.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 6.5x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RFHL Republic Financial Holdings | TT$120.61 | 0.5% +TT$103.1m | -11.1% | PB1.5x | |
| SBTT Scotiabank Trinidad and Tobago | TT$69.93 | 0.1% +TT$12.3m | -9.2% | PB2.8x | |
| AMBL ANSA Merchant Bank | TT$43.00 | 0.3% +TT$9.4m | 1.9% | PE27.8x |