Header cover image

Zimbabwean (ZSE) Market Analysis & Valuation

UpdatedMay 29, 2025
DataAggregated Company Financials
Companies4
  • 7D0.8%
  • 3M-7.8%
  • 1Y65.0%
  • YTD-7.4%

The Industrials sector gained 33% while the market remained flat over the last week. As for the longer term, the market has risen 65% in the past 12 months.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 May 2025Z$19.5bZ$1.3bZ$1.6b1229.6x12.3x14.6x
Sat, 26 Apr 2025Z$17.7bZ$269.0bZ$41.4b0.3x0.4x0.07x
Mon, 24 Mar 2025Z$17.7bZ$269.0bZ$41.4b0.3x0.4x0.07x
Wed, 19 Feb 2025Z$17.7bZ$269.0bZ$41.4b0.3x0.4x0.07x
Fri, 17 Jan 2025Z$19.3bZ$810.1bZ$91.4b0.2x0.2x0.02x
Sun, 15 Dec 2024Z$20.0bZ$810.1bZ$91.4b0.2x0.2x0.02x
Tue, 12 Nov 2024Z$28.0bZ$998.5bZ$87.3b0.3x0.3x0.03x
Thu, 10 Oct 2024Z$24.3bZ$986.0bZ$80.0b0.3x0.3x0.02x
Sat, 07 Sep 2024Z$21.9bZ$986.7bZ$80.2b0.6x0.3x0.02x
Mon, 05 Aug 2024Z$21.0bZ$986.7bZ$80.2b0.6x0.3x0.02x
Wed, 03 Jul 2024Z$13.5bZ$1.0tZ$80.2b0.4x0.2x0.01x
Fri, 31 May 2024Z$11.3bZ$1.0tZ$80.2b0.3x0.1x0.01x
Sun, 28 Apr 2024Z$24.7tZ$2.3tZ$382.6b64.9x64.6x10.7x
Tue, 26 Mar 2024Z$20.7tZ$1.9tZ$383.0b54.5x54x11x
Thu, 22 Feb 2024Z$11.2tZ$1.9tZ$383.0b26.8x29.2x5.9x
Sat, 20 Jan 2024Z$9.8tZ$1.5tZ$348.2b30.9x28.3x6.4x
Mon, 18 Dec 2023Z$5.0tZ$1.5tZ$348.2b30.9x14.4x3.3x
Wed, 15 Nov 2023Z$962.1bZ$413.7bZ$13.1b41.8x73.2x2.3x
Fri, 13 Oct 2023Z$1.0tZ$305.6bZ$13.4b43.8x77.4x3.4x
Sun, 10 Sep 2023Z$910.0bZ$305.0bZ$13.0b29.8x70.1x3x
Tue, 08 Aug 2023Z$812.9bZ$305.0bZ$13.0b24.2x62.6x2.7x
Thu, 06 Jul 2023Z$951.2bZ$305.0bZ$13.0b22.8x73.3x3.1x
Sat, 03 Jun 2023Z$769.2bZ$235.7bZ$17.9b30.9x43.1x3.3x
Mon, 01 May 2023Z$479.5bZ$235.2bZ$17.9b41.9x26.7x2x
Wed, 29 Mar 2023Z$485.5bZ$226.8bZ$17.6b30.9x27.5x2.1x
Fri, 24 Feb 2023Z$452.3bZ$226.8bZ$17.6b30.4x25.7x2x
Sun, 22 Jan 2023Z$382.1bZ$185.8bZ$15.3b33.6x24.9x2.1x
Tue, 20 Dec 2022Z$325.9bZ$186.2bZ$13.2b23.3x24.6x1.8x
Thu, 17 Nov 2022Z$287.5bZ$186.2bZ$13.2b20.7x21.7x1.5x
Sat, 15 Oct 2022Z$287.2bZ$186.2bZ$13.2b23x21.7x1.5x
Mon, 12 Sep 2022Z$214.8bZ$85.2bZ$5.7b26.8x37.6x2.5x
Wed, 10 Aug 2022Z$310.4bZ$85.2bZ$5.7b40.4x54.3x3.6x
Fri, 08 Jul 2022Z$338.5bZ$74.7bZ$6.2b43.1x54.3x4.5x
Sun, 05 Jun 2022Z$564.6bZ$72.9bZ$6.6b78.1x85.4x7.7x
Price to Earnings Ratio

85.4x


Total Market Cap: Z$564.6bTotal Earnings: Z$6.6bTotal Revenue: Z$72.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Zimbabwean Market Price to Earnings3Y Average 29.6x202320242025
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 12.3x which is lower than its 3-year average PE of 29.6x.
Past Earnings Growth
  • The earnings for companies in the Zimbabwean industry have declined 38% per year over the last three years.
  • Revenues have also declined 74% 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 Market0.80%
Industrials32.97%
Financials10.35%
Consumer Staples0.14%
Materials0%0
Consumer Discretionary0%0
Sector PE
  • Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 151x.
    • 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?

CompanyLast Price7D1YValuationSector
PROL ProplasticsUS$1.1333.0%
+US$72.8m
156.9%PE1894xIndustrials
EHZL EcoCash Holdings ZimbabweUS$0.1410.3%
+US$56.6m
-14.3%PE0.4xFinancials
DLTA DeltaUS$13.500.1%
+US$24.8m
65.5%PE1162.9xConsumer Staples
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

The field of genomic medicine is still in its infancy, but it holds the potential to become an even bigger game changer. This field is more obscure than robo taxis or chatbots, so we’re having a look at some of the fundamental concepts and the different types of companies in the space.

Latest News

PROL

US$1.13

Proplastics

7D

33.0%

1Y

156.9%

EHZL

US$0.14

EcoCash Holdings Zimbabwe

7D

10.3%

1Y

-14.3%

DLTA

US$13.50

Delta

7D

0.1%

1Y

65.5%