Tanzanian (DSEI) Market Analysis & Valuation
UpdatedMay 24, 2022
DataAggregated Company Financials
Companies21
- 7D1.2%
- 3M5.0%
- 1Y11.0%
- YTD11.7%
The market has climbed 1.2% in the last 7 days, lead by the Financials sector with a gain of 4.9%. In the last year, the market has climbed 11%. As for the next few years, earnings are expected to grow by 22% per annum.
Market Valuation and Performance
Has the Tanzanian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 25 May 2022 | TSh10.4t | TSh4.4t | TSh819.9b | 11.2x |
| Fri, 22 Apr 2022 | TSh10.0t | TSh3.3t | TSh756.3b | 11.5x |
| Sun, 20 Mar 2022 | TSh10.0t | TSh4.6t | TSh754.8b | 11.8x |
| Tue, 15 Feb 2022 | TSh9.9t | TSh4.6t | TSh754.8b | 10.9x |
| Thu, 13 Jan 2022 | TSh9.4t | TSh4.4t | TSh683.5b | 11.5x |
| Sat, 11 Dec 2021 | TSh9.2t | TSh4.4t | TSh683.9b | 9.7x |
| Mon, 08 Nov 2021 | TSh9.0t | TSh4.3t | TSh623.4b | 10.6x |
| Wed, 06 Oct 2021 | TSh9.3t | TSh4.3t | TSh600.6b | 11.1x |
| Fri, 03 Sep 2021 | TSh9.4t | TSh4.5t | TSh581.5b | 12.3x |
| Sun, 01 Aug 2021 | TSh9.4t | TSh4.5t | TSh581.5b | 12.3x |
| Wed, 05 May 2021 | TSh9.0t | TSh4.4t | TSh546.1b | 11.7x |
| Sat, 06 Feb 2021 | TSh9.1t | TSh4.4t | TSh537.8b | 11.1x |
| Tue, 10 Nov 2020 | TSh8.9t | TSh4.2t | TSh535.7b | 11.8x |
| Mon, 03 Aug 2020 | TSh8.9t | TSh4.1t | TSh533.7b | 12.6x |
| Thu, 07 May 2020 | TSh9.0t | TSh4.1t | TSh559.6b | 12.9x |
| Sun, 09 Feb 2020 | TSh8.9t | TSh4.0t | TSh570.3b | 14.3x |
| Sat, 02 Nov 2019 | TSh8.8t | TSh3.9t | TSh520.2b | 15.4x |
| Tue, 06 Aug 2019 | TSh8.9t | TSh3.9t | TSh506.5b | 15.9x |
Median PE Ratio
16x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 12.7x.
Past Earnings Growth
- The earnings for Tanzanian listed companies have grown 18% per year over the last three years.
- Revenues for these companies have grown 4.0% 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 | 1.24% | |
| Financials | 4.88% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Telecom | 0% | |
| Utilities | 0% | |
| Consumer Staples | -0.0043% | |
| Materials | -0.20% | |
Sector PE
- Investors are most optimistic about the Consumer Staples sector which is trading above its 3-year average PE ratio of 32.9x.
- This is likely because analysts are expecting annual earnings growth of 22% which is higher than its past year's earnings decline of 37% per year.
- Investors are most pessimistic about the Financials sector. Although, investor sentiment seems to have improved given its trading above its 3-year average of 8.6x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 37% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| NMB NMB Bank | TSh3.00k | 3.4% +TSh50.0b | 28.2% | PB1x | Financials | |
| CRDB CRDB Bank | TSh425.00 | 1.2% +TSh13.1b | 57.4% | PB0.8x | Financials | |
| DCB DCB Commercial Bank | TSh190.00 | 5.6% +TSh909.6m | -28.3% | PB0.5x | Financials | |
| NICO National Investment | TSh320.00 | 3.2% +TSh378.4m | 56.1% | n/a | Consumer Staples |