Zambian (LSE) Market Analysis & Valuation
UpdatedSep 24, 2023
DataAggregated Company Financials
Companies21
- 7D0.9%
- 3M8.1%
- 1Y17.2%
- YTD23.3%
The market has stayed flat over the 7 days. More promisingly, the market is up 17% over the past year. Earnings are forecast to grow by 121% annually.
Market Valuation and Performance
Has the Zambian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | ZK41.1b | ZK46.3b | ZK7.0b | 5.5x | 5.8x | 0.9x |
| Tue, 22 Aug 2023 | ZK38.8b | ZK36.7b | ZK4.8b | 8.3x | 8.1x | 1.1x |
| Thu, 20 Jul 2023 | ZK36.8b | ZK37.4b | ZK5.0b | 8.4x | 7.4x | 1x |
| Sat, 17 Jun 2023 | ZK36.8b | ZK37.6b | ZK5.2b | 7.6x | 7.1x | 1x |
| Mon, 15 May 2023 | ZK36.4b | ZK37.3b | ZK5.2b | 7.9x | 7.1x | 1x |
| Wed, 12 Apr 2023 | ZK35.4b | ZK36.6b | ZK4.9b | 7.4x | 7.2x | 1x |
| Fri, 10 Mar 2023 | ZK32.7b | ZK35.5b | ZK4.2b | 7.5x | 7.8x | 0.9x |
| Sun, 05 Feb 2023 | ZK32.7b | ZK34.3b | ZK3.8b | 7.5x | 8.6x | 1x |
| Tue, 03 Jan 2023 | ZK33.3b | ZK32.4b | ZK3.5b | 6.5x | 9.6x | 1x |
| Thu, 01 Dec 2022 | ZK33.1b | ZK37.1b | ZK3.8b | 6.5x | 8.7x | 0.9x |
| Sat, 29 Oct 2022 | ZK32.7b | ZK36.8b | ZK3.8b | 6.5x | 8.7x | 0.9x |
| Mon, 26 Sep 2022 | ZK32.8b | ZK31.3b | ZK3.7b | 5.9x | 8.9x | 1x |
| Wed, 24 Aug 2022 | ZK31.9b | ZK31.2b | ZK3.6b | 5.9x | 8.8x | 1x |
| Fri, 22 Jul 2022 | ZK30.9b | ZK31.3b | ZK3.6b | 5.8x | 8.5x | 1x |
| Sun, 19 Jun 2022 | ZK29.8b | ZK37.8b | ZK3.9b | 5.8x | 7.7x | 0.8x |
| Tue, 17 May 2022 | ZK29.6b | ZK37.1b | ZK4.2b | 5.8x | 7.1x | 0.8x |
| Thu, 14 Apr 2022 | ZK29.9b | ZK35.4b | ZK3.4b | 7x | 8.9x | 0.8x |
| Sat, 12 Mar 2022 | ZK26.6b | ZK31.9b | ZK3.4b | 5.4x | 7.9x | 0.8x |
| Mon, 07 Feb 2022 | ZK25.5b | ZK32.0b | ZK3.4b | 5.4x | 7.5x | 0.8x |
| Wed, 05 Jan 2022 | ZK24.2b | ZK31.4b | ZK3.3b | 5.4x | 7.4x | 0.8x |
| Fri, 03 Dec 2021 | ZK21.1b | ZK30.9b | ZK3.1b | 3.8x | 6.8x | 0.7x |
| Sun, 31 Oct 2021 | ZK18.5b | ZK28.3b | ZK2.4b | 5.8x | 7.8x | 0.7x |
| Tue, 28 Sep 2021 | ZK17.6b | ZK28.1b | ZK2.3b | 5.1x | 7.5x | 0.6x |
| Thu, 26 Aug 2021 | ZK16.1b | ZK31.9b | ZK1.5b | 7.3x | 11.1x | 0.5x |
| Fri, 02 Jul 2021 | ZK16.0b | ZK31.9b | ZK1.5b | 7.2x | 11x | 0.5x |
| Mon, 05 Apr 2021 | ZK13.4b | ZK31.7b | ZK1.4b | 4.9x | 9.6x | 0.4x |
| Thu, 07 Jan 2021 | ZK12.9b | ZK30.5b | ZK963.9m | 3.3x | 13.4x | 0.4x |
| Wed, 30 Sep 2020 | ZK12.6b | ZK26.0b | ZK427.1m | 6.3x | 29.5x | 0.5x |
Price to Earnings Ratio
29.5x
Current Market PE
- Investors are pessimistic on the Zambian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 5.8x which is lower than its 3-year average PE of 10.1x.
Past Earnings Growth
- The earnings for Zambian listed companies have grown 154% per year over the last three years.
- Revenues for these companies have grown 21% 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 Zambian Market?
| ZM Market | 0.87% | |
| Utilities | 2.97% | |
| Energy | 2.46% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | 0% | |
| Consumer Staples | 0% | |
| Healthcare | 0% | |
| Financials | 0% | |
| Tech | 0% | |
| Telecom | 0% | |
Sector PE
- Investors favour the Consumer Discretionary 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.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 121% over the next 5 years.
- This is better than its past earnings growth rate of 62% 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 | |
|---|---|---|---|---|---|---|
| CEC Copperbelt Energy | K6.50 | 3.2% +K325.0m | 62.5% | PE3.8x | Utilities | |
| PUMA Puma Energy Zambia | K2.50 | 2.5% +K30.0m | 55.3% | PE5.4x | Energy |
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