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Tanzanian (DSEI) Market Analysis & Valuation

UpdatedSep 15, 2025
DataAggregated Company Financials
Companies17
  • 7D-3.0%
  • 3M8.6%
  • 1Y13.6%
  • YTD13.6%

Over the last 7 days, the market has dropped 3.0%, driven by a loss of 3.8% in the Financials sector. As for the longer term, the market has actually risen by 14% in the last year.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Sep 2025TSh13.6tTSh7.1tTSh1.7t15.5x7.9x1.9x
Wed, 13 Aug 2025TSh14.3tTSh7.1tTSh1.7t16.3x8.3x2x
Fri, 11 Jul 2025TSh13.4tTSh6.7tTSh1.6t12.9x8.3x2x
Sun, 08 Jun 2025TSh13.0tTSh6.7tTSh1.6t12.7x7.9x1.9x
Tue, 06 May 2025TSh13.0tTSh6.6tTSh1.6t8.9x7.9x2x
Thu, 03 Apr 2025TSh12.8tTSh6.6tTSh1.6t9.9x7.9x1.9x
Sat, 01 Mar 2025TSh12.5tTSh6.6tTSh1.6t9.8x7.8x1.9x
Mon, 27 Jan 2025TSh12.2tTSh6.4tTSh1.6t9.8x7.8x1.9x
Wed, 25 Dec 2024TSh11.9tTSh6.4tTSh1.6t10.2x7.6x1.9x
Fri, 22 Nov 2024TSh12.1tTSh6.3tTSh1.6t10.6x7.5x1.9x
Sun, 20 Oct 2024TSh12.0tTSh6.2tTSh1.5t10.9x7.9x2x
Tue, 17 Sep 2024TSh12.1tTSh6.2tTSh1.5t10x7.9x2x
Thu, 15 Aug 2024TSh12.1tTSh6.1tTSh1.5t9.2x8x2x
Sat, 13 Jul 2024TSh11.9tTSh5.8tTSh1.4t7.1x8.3x2x
Mon, 10 Jun 2024TSh11.5tTSh5.9tTSh1.4t7.4x8x2x
Wed, 08 May 2024TSh11.5tTSh5.8tTSh1.4t7.3x8.1x2x
Fri, 05 Apr 2024TSh11.6tTSh5.6tTSh1.4t6.6x8.5x2.1x
Sun, 03 Mar 2024TSh11.4tTSh5.6tTSh1.4t6.6x8.4x2x
Tue, 30 Jan 2024TSh11.2tTSh5.4tTSh1.3t6.9x8.7x2.1x
Thu, 28 Dec 2023TSh11.2tTSh5.5tTSh1.3t7.6x8.7x2x
Sat, 25 Nov 2023TSh11.3tTSh5.4tTSh1.3t7.6x8.8x2.1x
Mon, 23 Oct 2023TSh11.3tTSh5.3tTSh1.2t7.6x9.1x2.1x
Wed, 20 Sep 2023TSh11.2tTSh5.3tTSh1.2t7.4x9x2.1x
Fri, 18 Aug 2023TSh10.9tTSh5.2tTSh1.2t8.9x9x2.1x
Sun, 16 Jul 2023TSh10.8tTSh5.0tTSh1.1t9.8x9.4x2.1x
Tue, 13 Jun 2023TSh10.7tTSh5.0tTSh1.1t8.1x9.4x2.2x
Thu, 11 May 2023TSh10.8tTSh4.9tTSh1.1t8.8x9.5x2.2x
Sat, 08 Apr 2023TSh10.8tTSh4.9tTSh1.1t8.4x9.7x2.2x
Mon, 06 Mar 2023TSh10.6tTSh4.9tTSh1.1t8.4x9.5x2.2x
Wed, 01 Feb 2023TSh10.3tTSh4.5tTSh990.8b8.8x10.4x2.3x
Fri, 30 Dec 2022TSh10.1tTSh4.0tTSh923.1b10.6x11x2.6x
Sun, 27 Nov 2022TSh10.1tTSh4.0tTSh923.1b10.2x10.9x2.5x
Tue, 25 Oct 2022TSh10.0tTSh3.8tTSh839.0b10.8x12x2.6x
Thu, 22 Sep 2022TSh10.1tTSh3.8tTSh834.5b13.2x12.1x2.6x
Price to Earnings Ratio

12.1x


Total Market Cap: TSh10.1tTotal Earnings: TSh834.5bTotal Revenue: TSh3.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Tanzanian Market Price to Earnings3Y Average 8.8x202320242025
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 7.9x which is lower than its 3-year average PE of 8.8x.
Past Earnings Growth
  • The earnings for Tanzanian listed companies have grown 27% per year over the last three years.
  • Revenues for these companies have grown 22% 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-2.99%
Energy0%0
Industrials0%0
Materials-1.50%
Telecom-1.71%
Consumer Staples-2.15%
Financials-3.78%
Sector PE
  • Investors favour the Materials sector the most for future growth even though it's trading below its 3-year average PE ratio of 35.8x.
    • 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. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 4.0x.
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
TCCL Tanga CementTSh2.40k4.3%
+TSh6.3b		50.0%PS0.7xMaterials
MCB Mwalimu Commercial BankTSh470.002.2%
+TSh618.2m		51.6%PB1.7xFinancials
See more

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Latest News

NICO
TSh1,470.00
National Investment
7D
-8.1%
1Y
104.2%
VODA
TSh575.00
Vodacom Tanzania
7D
-0.9%
1Y
-25.3%
DSE
TSh6,200.00
Dar es Salaam Stock Exchange
7D
-3.6%
1Y
154.1%
NMB
TSh8,500.00
NMB Bank
7D
-0.7%
1Y
60.4%
CRDB
TSh1,150.00
CRDB Bank
7D
-5.0%
1Y
74.2%
TPCC
TSh5,060.00
Tanzania Portland Cement
7D
-0.8%
1Y
31.8%
MCB
TSh470.00
Mwalimu Commercial Bank
7D
2.2%
1Y
51.6%
TCC
TSh13,930.00
Tanzania Cigarette
7D
-2.0%
1Y
-18.1%
TBL
TSh7,320.00
Tanzania Breweries
7D
-2.3%
1Y
-32.8%
TCCL
TSh2,400.00
Tanga Cement
7D
4.3%
1Y
50.0%