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Tanzanian (DSEI) Banks Industry Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
Companies7
  • 7D-0.5%
  • 3M10.2%
  • 1Y22.3%
  • YTD10.1%

In the last week, Banks has been flat. The past year has been better, since the industry has gained 23% in that time.

Industry Valuation and Performance

Has the Tanzanian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Apr 2024TSh3.9tTSh2.6tTSh973.1b3.9x4x1.5x
Fri, 15 Mar 2024TSh3.7tTSh2.6tTSh973.1b3.8x3.9x1.4x
Sun, 11 Feb 2024TSh3.7tTSh2.6tTSh973.1b3.7x3.8x1.4x
Tue, 09 Jan 2024TSh3.5tTSh2.5tTSh889.9b3.8x4x1.4x
Thu, 07 Dec 2023TSh3.5tTSh2.5tTSh889.8b3.8x3.9x1.4x
Sat, 04 Nov 2023TSh3.6tTSh2.5tTSh886.9b3.9x4.1x1.5x
Mon, 02 Oct 2023TSh3.5tTSh2.4tTSh848.0b4x4.1x1.5x
Wed, 30 Aug 2023TSh3.2tTSh2.4tTSh845.2b5.3x3.8x1.4x
Fri, 28 Jul 2023TSh3.0tTSh2.3tTSh803.7b5.6x3.8x1.3x
Sun, 25 Jun 2023TSh3.1tTSh2.3tTSh805.6b5.3x3.9x1.4x
Tue, 23 May 2023TSh3.1tTSh2.3tTSh806.8b5.3x3.9x1.4x
Thu, 20 Apr 2023TSh3.2tTSh2.2tTSh785.4b5.3x4.1x1.5x
Sat, 18 Mar 2023TSh3.0tTSh2.2tTSh785.4b5.3x3.8x1.4x
Mon, 13 Feb 2023TSh2.9tTSh2.2tTSh785.4b5.3x3.7x1.3x
Wed, 11 Jan 2023TSh2.7tTSh2.2tTSh767.2b5.3x3.5x1.2x
Fri, 09 Dec 2022TSh2.5tTSh2.2tTSh764.2b6.6x3.3x1.2x
Sun, 06 Nov 2022TSh2.5tTSh2.2tTSh764.2b6.5x3.2x1.1x
Tue, 04 Oct 2022TSh2.5tTSh2.1tTSh720.3b7.4x3.4x1.2x
Thu, 01 Sep 2022TSh2.6tTSh2.1tTSh719.8b7.4x3.6x1.3x
Sat, 30 Jul 2022TSh2.4tTSh1.9tTSh641.9b7.8x3.8x1.3x
Mon, 27 Jun 2022TSh2.5tTSh2.0tTSh645.8b4.6x3.9x1.3x
Wed, 25 May 2022TSh2.7tTSh2.0tTSh644.1b4.6x4.2x1.4x
Fri, 22 Apr 2022TSh2.4tTSh1.9tTSh560.2b4.7x4.2x1.3x
Sun, 20 Mar 2022TSh2.4tTSh1.9tTSh560.0b4.7x4.2x1.2x
Tue, 15 Feb 2022TSh2.3tTSh1.9tTSh560.0b4.6x4.2x1.2x
Thu, 13 Jan 2022TSh1.9tTSh1.7tTSh488.7b4.2x4x1.1x
Sat, 11 Dec 2021TSh1.7tTSh1.7tTSh488.7b4.2x3.5x1x
Mon, 08 Nov 2021TSh1.6tTSh1.6tTSh456.9b4.2x3.5x1x
Wed, 06 Oct 2021TSh1.8tTSh1.6tTSh434.1b4.5x4.2x1.1x
Fri, 03 Sep 2021TSh1.9tTSh1.6tTSh434.1b4.7x4.5x1.2x
Sun, 01 Aug 2021TSh2.0tTSh1.6tTSh434.1b4.7x4.5x1.2x
Wed, 05 May 2021TSh1.9tTSh1.5tTSh398.7b5.3x4.7x1.2x
Price to Earnings Ratio

4.7x


Total Market Cap: TSh1.9tTotal Earnings: TSh398.7bTotal Revenue: TSh1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Tanzanian Banks Industry Price to Earnings3Y Average 4x202220232024
Current Industry PE
  • Investors are relatively neutral on the Tanzanian Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 4.0x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Tanzanian Financials industry?

TZ Market-0.19%
Financials-0.56%
Banks-0.51%
Regional Banks0%
Diversified Banks-0.52%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 3.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 12.3x.
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?

CompanyLast Price7D1YValuation
No data available
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NMB

TSh4,740.00

NMB Bank

7D

-0.8%

1Y

37.8%