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Zimbabwean (ZSE) Market Analysis & Valuation

UpdatedOct 22, 2024
DataAggregated Company Financials
Companies4
  • 7D6.4%
  • 3M36.2%
  • 1Yn/a
  • YTDn/a

The market has climbed 6.6% in the last 7 days, lead by the Consumer Staples sector with a gain of 7.6%. On the other hand, with a decline of 15%, the Materials sector is lagging behind.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Oct 2024Z$28.7bZ$986.0bZ$80.0b0.4x0.4x0.03x
Thu, 19 Sep 2024Z$28.2bZ$986.7bZ$80.2b0.8x0.4x0.03x
Sat, 17 Aug 2024Z$21.0bZ$986.7bZ$80.2b0.6x0.3x0.02x
Mon, 15 Jul 2024Z$18.6bZ$1.0tZ$80.2b0.5x0.2x0.02x
Wed, 12 Jun 2024Z$11.8bZ$1.0tZ$80.2b0.3x0.1x0.01x
Fri, 10 May 2024Z$10.2bZ$2.3tZ$382.6b0.03x0.03x0.004x
Sun, 07 Apr 2024Z$24.7tZ$1.9tZ$382.6b64.9x64.6x13.1x
Tue, 05 Mar 2024Z$13.1tZ$1.9tZ$383.0b31.8x34.2x6.9x
Thu, 01 Feb 2024Z$16.8tZ$1.5tZ$348.2b43x48.2x11x
Sat, 30 Dec 2023Z$5.6tZ$1.5tZ$348.2b30.9x16x3.6x
Mon, 27 Nov 2023Z$979.0bZ$413.7bZ$13.1b39x74.5x2.4x
Wed, 25 Oct 2023Z$1.0tZ$305.6bZ$13.4b42.5x76.2x3.3x
Fri, 22 Sep 2023Z$903.8bZ$305.0bZ$13.0b31.2x69.6x3x
Sun, 20 Aug 2023Z$857.8bZ$305.0bZ$13.0b26.5x66.1x2.8x
Tue, 18 Jul 2023Z$872.4bZ$305.0bZ$13.0b24.9x67.2x2.9x
Thu, 15 Jun 2023Z$898.2bZ$288.8bZ$10.8b23.4x83.2x3.1x
Sat, 13 May 2023Z$637.8bZ$235.2bZ$17.9b64.2x35.6x2.7x
Mon, 10 Apr 2023Z$462.9bZ$226.8bZ$17.6b30.9x26.3x2x
Wed, 08 Mar 2023Z$461.8bZ$226.8bZ$17.6b30.9x26.2x2x
Fri, 03 Feb 2023Z$382.1bZ$226.8bZ$17.6b25.2x21.7x1.7x
Sun, 01 Jan 2023Z$336.8bZ$186.2bZ$13.2b25.8x25.4x1.8x
Tue, 29 Nov 2022Z$300.4bZ$186.2bZ$13.2b19.5x22.7x1.6x
Thu, 27 Oct 2022Z$325.2bZ$186.2bZ$13.2b21.2x24.6x1.7x
Sat, 24 Sep 2022Z$194.0bZ$85.2bZ$5.7b24.2x34x2.3x
Mon, 22 Aug 2022Z$252.9bZ$85.2bZ$5.7b33.5x44.3x3x
Wed, 20 Jul 2022Z$312.6bZ$74.7bZ$6.2b38.8x50.2x4.2x
Fri, 17 Jun 2022Z$538.7bZ$74.7bZ$6.2b73.5x86.5x7.2x
Sun, 15 May 2022Z$540.1bZ$71.7bZ$6.6b88.9x82.2x7.5x
Tue, 12 Apr 2022Z$454.4bZ$71.4bZ$6.5b54.3x70.2x6.4x
Thu, 10 Mar 2022Z$329.1bZ$63.5bZ$5.0b47.8x65.8x5.2x
Sat, 05 Feb 2022Z$271.0bZ$57.9bZ$427.1m69.2x634.5x4.7x
Mon, 03 Jan 2022Z$194.7bZ$57.9bZ$427.1m41.6x455.9x3.4x
Wed, 01 Dec 2021Z$195.9bZ$56.2b-Z$1,312,207,602.0041.4x-149.3x3.5x
Fri, 29 Oct 2021Z$230.6bZ$79.8b-Z$963,996,087.0051.4x-239.2x2.9x
Price to Earnings Ratio

-239.2x


Total Market Cap: Z$230.6bTotal Earnings: -Z$963,996,087.00Total Revenue: Z$79.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Zimbabwean Market Price to Earnings3Y Average 56.7x202220232024
Current Market PE
  • Investors are pessimistic on the Zimbabwean market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 0.36x which is lower than its 3-year average PE of 56.7x.
Past Earnings Growth
  • Total earnings for Zimbabwean listed companies have gone up over the last three years, and the market is now profitable.
  • Revenues have grown 131% per year, driving the profits up.

Sector Trends

Which sectors have driven the changes within the Zimbabwean Market?

ZW Market6.41%
Consumer Staples7.47%
Financials3.77%
Energy0%
Real Estate0%
Industrials0%
Consumer Discretionary0%
Healthcare0%
Tech0%
Telecom0%
Utilities0%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Materials-15.00%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth even though it's trading below its 3-year average PE ratio of 38.7x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
DLTA DeltaZ$20.007.5%
+Z$1.8b		-99.2%PE0.8xConsumer Staples
EHZL EcoCash Holdings ZimbabweZ$0.443.8%
+Z$41.2m		-99.7%PS0.006xFinancials
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Latest News

DLTA

Z$20.00

Delta

7D

7.5%

1Y

-99.2%

EHZL

Z$0.44

EcoCash Holdings Zimbabwe

7D

3.8%

1Y

-99.7%

NPKZ

Z$1.06

Nampak Zimbabwe

7D

-15.0%

1Y

-99.7%