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Tanzanian (DSEI) Market Analysis & Valuation

UpdatedDec 28, 2024
DataAggregated Company Financials
Companies18
  • 7D-0.1%
  • 3M-0.6%
  • 1Y6.3%
  • YTD6.3%

The market has been flat in the last week, however the Materials sector is down 5.2%. As for the longer term, the market has risen 6.3% in the past 12 months.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Dec 2024TSh11.9tTSh6.4tTSh1.6t10.3x7.6x1.9x
Mon, 25 Nov 2024TSh12.1tTSh6.3tTSh1.6t10.5x7.5x1.9x
Wed, 23 Oct 2024TSh12.1tTSh6.2tTSh1.5t10.8x7.9x2x
Fri, 20 Sep 2024TSh12.1tTSh6.2tTSh1.5t10.5x7.9x2x
Sun, 18 Aug 2024TSh12.2tTSh6.1tTSh1.5t8.3x8x2x
Tue, 16 Jul 2024TSh11.9tTSh5.9tTSh1.4t7.4x8.3x2x
Thu, 13 Jun 2024TSh11.5tTSh5.9tTSh1.4t7.4x8x2x
Sat, 11 May 2024TSh11.6tTSh5.8tTSh1.4t7.3x8.1x2x
Mon, 08 Apr 2024TSh11.6tTSh5.6tTSh1.4t6.6x8.5x2.1x
Wed, 06 Mar 2024TSh11.4tTSh5.6tTSh1.4t6.6x8.4x2x
Fri, 02 Feb 2024TSh11.2tTSh5.6tTSh1.4t6.8x8.2x2x
Sun, 31 Dec 2023TSh11.2tTSh5.4tTSh1.3t6.9x8.8x2.1x
Tue, 28 Nov 2023TSh11.3tTSh5.4tTSh1.3t7.6x8.8x2.1x
Thu, 26 Oct 2023TSh11.3tTSh5.3tTSh1.2t7.6x9.1x2.1x
Sat, 23 Sep 2023TSh11.2tTSh5.3tTSh1.2t7.4x9x2.1x
Mon, 21 Aug 2023TSh10.9tTSh5.2tTSh1.2t9.6x9x2.1x
Wed, 19 Jul 2023TSh10.8tTSh5.0tTSh1.1t9.4x9.4x2.1x
Fri, 16 Jun 2023TSh10.8tTSh5.0tTSh1.1t8.1x9.5x2.2x
Sun, 14 May 2023TSh10.8tTSh4.9tTSh1.1t8.8x9.5x2.2x
Tue, 11 Apr 2023TSh10.8tTSh4.9tTSh1.1t8.4x9.7x2.2x
Thu, 09 Mar 2023TSh10.6tTSh4.9tTSh1.1t8.4x9.5x2.2x
Sat, 04 Feb 2023TSh10.5tTSh4.5tTSh1.0t10x10.2x2.3x
Mon, 02 Jan 2023TSh10.2tTSh4.0tTSh921.9b11.5x11.1x2.6x
Wed, 30 Nov 2022TSh10.1tTSh4.0tTSh923.1b10.2x10.9x2.5x
Fri, 28 Oct 2022TSh10.0tTSh3.8tTSh839.0b10.8x12x2.6x
Sun, 25 Sep 2022TSh10.1tTSh3.8tTSh834.5b12.5x12.1x2.6x
Tue, 23 Aug 2022TSh10.1tTSh3.1tTSh700.6b11.1x14.5x3.3x
Thu, 21 Jul 2022TSh10.2tTSh2.9tTSh626.2b10.9x16.3x3.5x
Sat, 18 Jun 2022TSh10.1tTSh4.4tTSh821.7b11.5x12.3x2.3x
Mon, 16 May 2022TSh10.2tTSh3.4tTSh840.2b10.9x12.1x3x
Wed, 13 Apr 2022TSh10.1tTSh3.3tTSh756.3b11.8x13.3x3x
Fri, 11 Mar 2022TSh10.0tTSh4.6tTSh754.8b11.8x13.3x2.2x
Sun, 06 Feb 2022TSh9.7tTSh4.6tTSh754.8b10.9x12.8x2.1x
Tue, 04 Jan 2022TSh9.3tTSh4.3tTSh684.8b9.8x13.6x2.1x
Price to Earnings Ratio

13.6x


Total Market Cap: TSh9.3tTotal Earnings: TSh684.8bTotal Revenue: TSh4.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Tanzanian Market Price to Earnings3Y Average 10.2x20232024
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 7.6x which is lower than its 3-year average PE of 10.2x.
Past Earnings Growth
  • The earnings for Tanzanian listed companies have grown 32% per year over the last three years.
  • Revenues for these companies have grown 14% 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-0.099%
Financials0.58%
Energy0%
Real Estate0%
Industrials0%
Consumer Discretionary0%
Consumer Staples0%
Healthcare0%
Tech0%
Telecom0%
Utilities0%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Materials-5.19%
Sector PE
  • Investors favour the Telecom sector the most for future growth which is trading above its 3-year average PE ratio.
    • 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 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?

CompanyLast Price7D1YValuationSector
CRDB CRDB BankTSh660.001.5%
+TSh26.1b
43.5%PB0.8xFinancials
TCCL Tanga CementTSh1.80k1.1%
+TSh1.3b
-15.1%n/aMaterials
DSE Dar es Salaam Stock ExchangeTSh2.40k1.7%
+TSh953.0m
33.3%PE10xFinancials
See more
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Market Insights

This is our last newsletter of the year and a good time to focus on the third of those principles - the investing lessons we can all take from 2024...

Latest News

DCB

TSh135.00

DCB Commercial Bank

7D

-3.6%

1Y

3.8%

CRDB

TSh660.00

CRDB Bank

7D

1.5%

1Y

43.5%

DSE

TSh2,400.00

Dar es Salaam Stock Exchange

7D

1.7%

1Y

33.3%

TPCC

TSh3,040.00

Tanzania Portland Cement

7D

-6.7%

1Y

-30.3%

TCCL

TSh1,800.00

Tanga Cement

7D

1.1%

1Y

-15.1%