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Tanzanian (DSEI) Market Analysis & Valuation

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies19
  • 7D-0.8%
  • 3M2.1%
  • 1Y10.8%
  • YTD5.5%

In the last week, the market has been flat, with a notable exception in the Materials sector dropping 4.5%. Meanwhile, the market is actually up 11% over the past year. As for the next few years, earnings are expected to grow by 8.6% per annum.

Market Valuation and Performance

Has the Tanzanian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024TSh11.9tTSh5.9tTSh1.4t7.7x8.2x2x
Sun, 23 Jun 2024TSh11.6tTSh5.9tTSh1.4t7.4x8x2x
Tue, 21 May 2024TSh11.5tTSh5.8tTSh1.4t7.3x8x2x
Thu, 18 Apr 2024TSh11.5tTSh5.6tTSh1.4t6.8x8.5x2x
Sat, 16 Mar 2024TSh11.4tTSh5.6tTSh1.4t6.8x8.4x2x
Mon, 12 Feb 2024TSh11.4tTSh5.6tTSh1.4t6.6x8.3x2x
Wed, 10 Jan 2024TSh11.3tTSh5.4tTSh1.3t6.9x8.8x2.1x
Fri, 08 Dec 2023TSh11.2tTSh5.5tTSh1.3t7.6x8.7x2x
Sun, 05 Nov 2023TSh11.3tTSh5.4tTSh1.3t7.6x8.8x2.1x
Tue, 03 Oct 2023TSh11.2tTSh5.3tTSh1.2t7.4x9x2.1x
Thu, 31 Aug 2023TSh10.9tTSh5.2tTSh1.2t9.1x9x2.1x
Sat, 29 Jul 2023TSh10.8tTSh5.0tTSh1.1t8.9x9.4x2.1x
Mon, 26 Jun 2023TSh10.8tTSh5.0tTSh1.1t8.9x9.5x2.2x
Wed, 24 May 2023TSh10.8tTSh5.0tTSh1.1t8.7x9.5x2.2x
Fri, 21 Apr 2023TSh10.9tTSh4.9tTSh1.1t8.4x9.8x2.2x
Sun, 19 Mar 2023TSh10.6tTSh4.9tTSh1.1t8.4x9.5x2.2x
Tue, 14 Feb 2023TSh10.5tTSh4.9tTSh1.1t8.4x9.5x2.2x
Thu, 12 Jan 2023TSh10.2tTSh4.0tTSh931.1b9.6x11x2.6x
Sat, 10 Dec 2022TSh10.1tTSh4.0tTSh923.1b10.6x10.9x2.5x
Mon, 07 Nov 2022TSh10.0tTSh3.9tTSh882.9b10.8x11.3x2.5x
Wed, 05 Oct 2022TSh10.1tTSh3.8tTSh834.5b12.1x12.1x2.6x
Fri, 02 Sep 2022TSh10.2tTSh3.8tTSh829.8b11.7x12.3x2.7x
Sun, 31 Jul 2022TSh10.1tTSh2.9tTSh622.6b10.9x16.2x3.4x
Tue, 28 Jun 2022TSh10.1tTSh4.4tTSh821.7b12.2x12.3x2.3x
Thu, 26 May 2022TSh10.3tTSh4.4tTSh819.9b11.5x12.6x2.4x
Sat, 23 Apr 2022TSh10.1tTSh3.3tTSh756.3b11.5x13.3x3x
Mon, 21 Mar 2022TSh10.0tTSh4.6tTSh754.8b11.8x13.3x2.2x
Wed, 16 Feb 2022TSh9.9tTSh4.6tTSh754.8b10.9x13.1x2.2x
Fri, 14 Jan 2022TSh9.4tTSh4.4tTSh683.5b11.5x13.8x2.2x
Sun, 12 Dec 2021TSh9.2tTSh4.4tTSh683.9b9.7x13.4x2.1x
Tue, 09 Nov 2021TSh9.0tTSh4.3tTSh623.4b10.6x14.5x2.1x
Thu, 07 Oct 2021TSh9.3tTSh4.3tTSh600.6b11.1x15.5x2.2x
Sat, 04 Sep 2021TSh9.4tTSh4.5tTSh581.5b12.3x16.1x2.1x
Mon, 02 Aug 2021TSh9.4tTSh4.5tTSh581.5b12.3x16.2x2.1x
Price to Earnings Ratio

16.2x


Total Market Cap: TSh9.4tTotal Earnings: TSh581.5bTotal Revenue: TSh4.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Tanzanian Market Price to Earnings3Y Average 11.2x202220232024
Current Market PE
  • Investors are pessimistic on the Tanzanian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 8.2x which is lower than its 3-year average PE of 11.2x.
Past Earnings Growth
  • The earnings for Tanzanian listed companies have grown 35% per year over the last three years.
  • Revenues for these companies have grown 9.8% 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 Tanzanian Market?

TZ Market-0.77%
Energy0%
Real Estate0%
Industrials0%
Consumer Discretionary0%
Consumer Staples0%
Healthcare0%
Tech0%
Telecom0%
Utilities0%
Financials-1.19%
Materials-4.49%
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 29.7x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 3.9x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 8.6% over the next 5 years.
  • However this is lower than its past earnings growth rate of 11% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 8.6% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
DSE Dar es Salaam Stock ExchangeTSh2.40k3.4%
+TSh1.9b		39.5%PE10xFinancials
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AFRIPRISE

TSh240.00

TCCIA Investment

7D

-2.0%

1Y

54.8%

DSE

TSh2,400.00

Dar es Salaam Stock Exchange

7D

3.4%

1Y

39.5%

CRDB

TSh560.00

CRDB Bank

7D

-5.1%

1Y

17.9%

TPCC

TSh3,900.00

Tanzania Portland Cement

7D

-4.9%

1Y

-5.3%

NICO

TSh770.00

National Investment

7D

-3.8%

1Y

55.6%

TCCL

TSh1,660.00

Tanga Cement

7D

-2.4%

1Y

-7.8%