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Zimbabwean (ZSE) Market Analysis & Valuation
UpdatedJul 09, 2025
DataAggregated Company Financials
Companies4
- 7D0.07%
- 3M-13.2%
- 1Y9.4%
- YTD-9.6%
Over the last 7 days, the market has remained flat, although notably the Materials sector gained 8.9% in that time. More promisingly, the market is up 9.4% over the past year.
Market Valuation and Performance
Has the Zimbabwean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 09 Jul 2025 | Z$19.0b | Z$4.5b | Z$3.5b | 1175.2x | 5.4x | 4.2x |
| Fri, 06 Jun 2025 | Z$19.5b | Z$1.3b | Z$1.6b | 1229.3x | 12.3x | 14.7x |
| Sun, 04 May 2025 | Z$17.7b | Z$269.0b | Z$41.4b | 0.3x | 0.4x | 0.07x |
| Tue, 01 Apr 2025 | Z$17.7b | Z$269.0b | Z$41.4b | 0.3x | 0.4x | 0.07x |
| Thu, 27 Feb 2025 | Z$17.7b | Z$269.0b | Z$41.4b | 0.3x | 0.4x | 0.07x |
| Sat, 25 Jan 2025 | Z$19.0b | Z$810.1b | Z$91.4b | 0.2x | 0.2x | 0.02x |
| Mon, 23 Dec 2024 | Z$20.1b | Z$810.1b | Z$91.4b | 0.2x | 0.2x | 0.02x |
| Wed, 20 Nov 2024 | Z$29.1b | Z$993.6b | Z$87.3b | 0.3x | 0.3x | 0.03x |
| Fri, 18 Oct 2024 | Z$28.6b | Z$986.0b | Z$80.0b | 0.4x | 0.4x | 0.03x |
| Sun, 15 Sep 2024 | Z$29.3b | Z$986.7b | Z$80.2b | 0.8x | 0.4x | 0.03x |
| Tue, 13 Aug 2024 | Z$21.1b | Z$986.7b | Z$80.2b | 0.6x | 0.3x | 0.02x |
| Thu, 11 Jul 2024 | Z$18.4b | Z$1.0t | Z$80.2b | 0.5x | 0.2x | 0.02x |
| Sat, 08 Jun 2024 | Z$11.6b | Z$1.0t | Z$80.2b | 0.3x | 0.1x | 0.01x |
| Mon, 06 May 2024 | Z$10.4b | Z$2.3t | Z$382.6b | 0.03x | 0.03x | 0.004x |
| Wed, 03 Apr 2024 | Z$23.9t | Z$1.9t | Z$382.6b | 63.3x | 62.5x | 12.7x |
| Fri, 01 Mar 2024 | Z$13.4t | Z$1.9t | Z$383.0b | 32.6x | 34.9x | 7.1x |
| Sun, 28 Jan 2024 | Z$12.6t | Z$1.5t | Z$348.2b | 31.9x | 36.3x | 8.3x |
| Tue, 26 Dec 2023 | Z$5.1t | Z$1.5t | Z$348.2b | 30.9x | 14.8x | 3.4x |
| Thu, 23 Nov 2023 | Z$985.7b | Z$413.7b | Z$13.1b | 41.8x | 75x | 2.4x |
| Sat, 21 Oct 2023 | Z$1.0t | Z$305.6b | Z$13.4b | 42.7x | 75.8x | 3.3x |
| Mon, 18 Sep 2023 | Z$961.5b | Z$305.0b | Z$13.0b | 31.2x | 74.1x | 3.2x |
| Wed, 16 Aug 2023 | Z$842.3b | Z$305.0b | Z$13.0b | 25.1x | 64.9x | 2.8x |
| Fri, 14 Jul 2023 | Z$879.0b | Z$305.0b | Z$13.0b | 24.8x | 67.7x | 2.9x |
| Sun, 11 Jun 2023 | Z$898.6b | Z$288.8b | Z$10.8b | 23x | 83.2x | 3.1x |
| Tue, 09 May 2023 | Z$553.3b | Z$235.2b | Z$17.9b | 52.5x | 30.9x | 2.4x |
| Thu, 06 Apr 2023 | Z$465.5b | Z$226.8b | Z$17.6b | 30.9x | 26.4x | 2.1x |
| Sat, 04 Mar 2023 | Z$453.2b | Z$226.8b | Z$17.6b | 30.9x | 25.7x | 2x |
| Mon, 30 Jan 2023 | Z$371.3b | Z$185.8b | Z$15.3b | 30.6x | 24.2x | 2x |
| Wed, 28 Dec 2022 | Z$331.1b | Z$186.2b | Z$13.2b | 24.2x | 25x | 1.8x |
| Fri, 25 Nov 2022 | Z$293.3b | Z$186.2b | Z$13.2b | 19.6x | 22.1x | 1.6x |
| Sun, 23 Oct 2022 | Z$301.4b | Z$186.2b | Z$13.2b | 21.2x | 22.8x | 1.6x |
| Tue, 20 Sep 2022 | Z$178.5b | Z$85.2b | Z$5.7b | 20.5x | 31.2x | 2.1x |
| Thu, 18 Aug 2022 | Z$268.0b | Z$85.2b | Z$5.7b | 35.5x | 46.9x | 3.1x |
| Sat, 16 Jul 2022 | Z$312.6b | Z$74.7b | Z$6.2b | 38.8x | 50.2x | 4.2x |
Price to Earnings Ratio
50.2x
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 5.4x which is lower than its 3-year average PE of 27.0x.
Past Earnings Growth
- The earnings for companies in the Zimbabwean industry have declined 17% per year over the last three years.
- Revenues have also declined 61% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Sector Trends
Which sectors have driven the changes within the Zimbabwean Market?
| ZW Market | 0.074% | |
| Materials | 8.89% | |
| Financials | 3.43% | |
| Industrials | 0.0041% | |
| Consumer Discretionary | 0% | 0 |
| Consumer Staples | -0.38% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 232x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| NPKZ Nampak Zimbabwe | US$0.98 | 8.9% +US$60.5m | -6.8% | PE1213.3x | Materials | |
| EHZL EcoCash Holdings Zimbabwe | US$0.14 | 3.4% +US$19.4m | -64.9% | PE0.2x | Financials | |
| PROL Proplastics | US$1.30 | 0.004% +US$13.8k | 85.7% | PE2178.4x | Industrials |
