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Ugandan (ALSIUG) Market Analysis & Valuation

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies11
  • 7D3.4%
  • 3M25.9%
  • 1Y43.7%
  • YTD24.3%

The market has climbed 3.4% in the last 7 days, lead by the Communication Services sector with a gain of 3.4%. Meanwhile, the Consumer Staples sector has underperformed, shrinking 7.4% in that time. The market is up 44% over the last 12 months. Looking forward, earnings are forecast to grow by 30% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Feb 2026USh19.9tUSh9.7tUSh1.1t10.1x18.2x2.1x
Wed, 14 Jan 2026USh16.2tUSh9.7tUSh1.1t9.6x14.9x1.7x
Fri, 12 Dec 2025USh15.8tUSh9.7tUSh1.1t9.6x14.5x1.6x
Sun, 09 Nov 2025USh15.9tUSh9.6tUSh1.1t9.3x15.2x1.7x
Tue, 07 Oct 2025USh15.6tUSh9.6tUSh1.1t9.7x14.9x1.6x
Thu, 04 Sep 2025USh15.1tUSh10.2tUSh1.2t9.6x12.3x1.5x
Sat, 02 Aug 2025USh14.1tUSh9.9tUSh1.2t9x11.8x1.4x
Mon, 30 Jun 2025USh14.0tUSh9.9tUSh1.2t8.4x11.7x1.4x
Wed, 28 May 2025USh14.3tUSh9.8tUSh1.7t8.5x8.3x1.5x
Fri, 25 Apr 2025USh14.4tUSh9.7tUSh1.7t7.9x8.6x1.5x
Sun, 23 Mar 2025USh14.2tUSh9.5tUSh1.6t7.6x9x1.5x
Tue, 18 Feb 2025USh13.8tUSh9.4tUSh1.5t7.9x9x1.5x
Thu, 16 Jan 2025USh13.7tUSh9.4tUSh1.5t7.2x8.9x1.5x
Sat, 14 Dec 2024USh11.8tUSh9.4tUSh1.5t6.6x7.7x1.3x
Mon, 11 Nov 2024USh12.0tUSh9.4tUSh1.5t6.8x7.8x1.3x
Wed, 09 Oct 2024USh11.8tUSh9.2tUSh1.5t7.2x8x1.3x
Fri, 06 Sep 2024USh11.0tUSh9.1tUSh1.5t6.8x7.4x1.2x
Sun, 04 Aug 2024USh10.7tUSh8.7tUSh1.4t7.1x7.7x1.2x
Tue, 02 Jul 2024USh10.8tUSh8.7tUSh1.4t7.1x7.8x1.2x
Thu, 30 May 2024USh10.9tUSh8.7tUSh1.4t6.3x7.8x1.3x
Sat, 27 Apr 2024USh11.0tUSh8.5tUSh1.4t6.9x7.7x1.3x
Mon, 25 Mar 2024USh10.9tUSh8.4tUSh1.5t5.7x7.2x1.3x
Wed, 21 Feb 2024USh11.0tUSh8.2tUSh1.5t5.7x7.4x1.3x
Fri, 19 Jan 2024USh11.2tUSh8.2tUSh1.5t5.7x7.5x1.4x
Sun, 17 Dec 2023USh11.3tUSh8.2tUSh1.5t5.7x7.6x1.4x
Tue, 14 Nov 2023USh11.5tUSh8.2tUSh1.5t5x7.8x1.4x
Thu, 12 Oct 2023USh7.5tUSh6.5tUSh1.1t4.8x6.7x1.2x
Sat, 09 Sep 2023USh7.4tUSh6.5tUSh1.1t5.2x6.6x1.1x
Mon, 07 Aug 2023USh7.2tUSh6.1tUSh1.1t5.2x6.5x1.2x
Wed, 05 Jul 2023USh7.1tUSh5.8tUSh1.1t5.1x6.6x1.2x
Fri, 02 Jun 2023USh7.2tUSh5.7tUSh1.1t5.2x6.8x1.3x
Sun, 30 Apr 2023USh7.1tUSh5.8tUSh1.1t5x6.7x1.2x
Tue, 28 Mar 2023USh7.0tUSh5.6tUSh976.8b3.5x7.1x1.2x
Thu, 23 Feb 2023USh7.2tUSh5.5tUSh961.9b3.5x7.5x1.3x
Price to Earnings Ratio

7.5x


Total Market Cap: USh7.2tTotal Earnings: USh961.9bTotal Revenue: USh5.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Ugandan Market Price to Earnings3Y Average 9x202420252026
Current Market PE
  • Investors are optimistic on the Ugandan market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 18.2x which is higher than its 3-year average PE of 9.0x.
Past Earnings Growth
  • The earnings for Ugandan listed companies have grown 4.4% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Ugandan Market?

UG Market3.43%
Financials5.76%
Telecom3.39%
Materials0%0
Healthcare0%0
Utilities0%0
Consumer Staples-7.41%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading close to its 3-year average PE ratio of 54.8x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 30% 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
AIRTEL UGANDA Airtel UgandaUSh99.036.5%
+USh241.2b
26.3%PE11xTelecom
MTNU MTN UgandaUSh429.970.5%
+USh44.1b
59.1%PE14.7xTelecom
SBU Stanbic Uganda HoldingsUSh75.290.7%
+USh26.6b
62.8%PB1.8xFinancials
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