Zambian (LSE) Market Analysis & Valuation

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 27 Apr 2024	ZK56.7b	ZK54.3b	ZK10.3b	6.5x	5.5x	1x
Mon, 25 Mar 2024	ZK55.6b	ZK53.9b	ZK9.9b	6.6x	5.6x	1x
Wed, 21 Feb 2024	ZK50.7b	ZK51.6b	ZK8.1b	10.3x	6.2x	1x
Fri, 19 Jan 2024	ZK48.4b	ZK52.0b	ZK8.3b	10.3x	5.8x	0.9x
Sun, 17 Dec 2023	ZK48.1b	ZK50.3b	ZK8.2b	5.7x	5.9x	1x
Tue, 14 Nov 2023	ZK47.6b	ZK48.2b	ZK7.7b	7.1x	6.2x	1x
Thu, 12 Oct 2023	ZK41.9b	ZK46.5b	ZK7.1b	5.5x	5.9x	0.9x
Sat, 09 Sep 2023	ZK40.6b	ZK46.2b	ZK7.0b	5.5x	5.8x	0.9x
Mon, 07 Aug 2023	ZK37.3b	ZK36.7b	ZK4.8b	8.3x	7.8x	1x
Wed, 05 Jul 2023	ZK36.8b	ZK35.6b	ZK4.6b	8.9x	7.9x	1x
Fri, 02 Jun 2023	ZK36.8b	ZK37.7b	ZK5.2b	7.6x	7.1x	1x
Sun, 30 Apr 2023	ZK35.9b	ZK36.2b	ZK4.9b	7.7x	7.3x	1x
Tue, 28 Mar 2023	ZK33.3b	ZK36.2b	ZK4.2b	7.5x	8x	0.9x
Thu, 23 Feb 2023	ZK32.9b	ZK35.3b	ZK4.2b	7.5x	7.9x	0.9x
Sat, 21 Jan 2023	ZK32.8b	ZK32.6b	ZK3.4b	8.5x	9.6x	1x
Mon, 19 Dec 2022	ZK33.3b	ZK37.3b	ZK3.5b	7.5x	9.4x	0.9x
Wed, 16 Nov 2022	ZK32.7b	ZK37.0b	ZK3.7b	6.5x	8.9x	0.9x
Fri, 14 Oct 2022	ZK32.6b	ZK36.7b	ZK3.8b	6.5x	8.7x	0.9x
Sun, 11 Sep 2022	ZK32.1b	ZK31.0b	ZK3.6b	5.9x	8.9x	1x
Tue, 09 Aug 2022	ZK31.2b	ZK31.1b	ZK3.6b	5.9x	8.6x	1x
Thu, 07 Jul 2022	ZK30.8b	ZK31.2b	ZK3.6b	5.9x	8.5x	1x
Sat, 04 Jun 2022	ZK29.6b	ZK37.5b	ZK3.8b	5.8x	7.9x	0.8x
Mon, 02 May 2022	ZK29.5b	ZK37.1b	ZK4.2b	5.1x	7x	0.8x
Wed, 30 Mar 2022	ZK27.4b	ZK32.0b	ZK2.7b	7.4x	10.2x	0.9x
Fri, 25 Feb 2022	ZK25.7b	ZK31.7b	ZK3.4b	5.4x	7.7x	0.8x
Sun, 23 Jan 2022	ZK24.6b	ZK31.7b	ZK3.3b	5.4x	7.4x	0.8x
Tue, 21 Dec 2021	ZK22.7b	ZK30.6b	ZK3.1b	6x	7.4x	0.7x
Thu, 18 Nov 2021	ZK21.3b	ZK29.4b	ZK2.7b	6.5x	7.9x	0.7x
Sat, 16 Oct 2021	ZK18.6b	ZK28.2b	ZK2.4b	5.1x	7.9x	0.7x
Mon, 13 Sep 2021	ZK16.7b	ZK31.6b	ZK2.7b	5.9x	6.2x	0.5x
Wed, 11 Aug 2021	ZK16.2b	ZK31.9b	ZK1.5b	7.3x	11.1x	0.5x
Sun, 06 Jun 2021	ZK14.4b	ZK31.7b	ZK1.4b	4.9x	10.3x	0.5x

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 5.5x which is lower than its 3-year average PE of 7.8x.

Past Earnings Growth

The earnings for Zambian listed companies have grown 94% 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 Zambian Market?


ZM Market	0.0037%
Materials	0.83%
Financials	0.11%
Energy	0%
Real Estate	0%
Industrials	0%
Consumer Discretionary	0%
Healthcare	0%
Tech	0%
Telecom	0%
Utilities	0%
Consumer Staples	-0.33%