Trinidad & Tobago (TTSE) Market Analysis & Valuation
UpdatedJun 01, 2024
DataAggregated Company Financials
Companies24
- 7D-0.6%
- 3M-3.1%
- 1Y-8.6%
- YTD-4.9%
Over the last 7 days, the market has remained flat, although notably the Consumer Staples sector declined by 4.1%. The past year hasn't been profitable, with the market dropping 8.6%.
Market Valuation and Performance
Has the Trinidad & Tobago Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Jun 2024 | TT$96.3b | TT$58.8b | TT$7.1b | 12.6x | 13.5x | 1.6x |
| Mon, 29 Apr 2024 | TT$99.5b | TT$57.3b | TT$6.8b | 12.9x | 14.7x | 1.7x |
| Wed, 27 Mar 2024 | TT$100.3b | TT$57.2b | TT$6.8b | 11.8x | 14.7x | 1.8x |
| Fri, 23 Feb 2024 | TT$99.8b | TT$57.1b | TT$6.7b | 11.2x | 14.9x | 1.7x |
| Sun, 21 Jan 2024 | TT$101.4b | TT$56.7b | TT$8.1b | 11.2x | 12.5x | 1.8x |
| Tue, 19 Dec 2023 | TT$99.7b | TT$56.6b | TT$8.1b | 11.2x | 12.3x | 1.8x |
| Thu, 16 Nov 2023 | TT$101.3b | TT$55.3b | TT$8.0b | 11.9x | 12.7x | 1.8x |
| Sat, 14 Oct 2023 | TT$102.4b | TT$55.4b | TT$9.1b | 11.9x | 11.3x | 1.8x |
| Mon, 11 Sep 2023 | TT$101.9b | TT$55.1b | TT$8.8b | 12x | 11.5x | 1.8x |
| Wed, 09 Aug 2023 | TT$106.3b | TT$54.3b | TT$8.6b | 12.6x | 12.3x | 2x |
| Fri, 07 Jul 2023 | TT$104.1b | TT$54.0b | TT$8.5b | 13.1x | 12.3x | 1.9x |
| Sun, 04 Jun 2023 | TT$105.3b | TT$53.6b | TT$9.3b | 12.3x | 11.3x | 2x |
| Tue, 02 May 2023 | TT$110.1b | TT$52.5b | TT$9.5b | 13.4x | 11.6x | 2.1x |
| Thu, 30 Mar 2023 | TT$110.2b | TT$52.5b | TT$9.6b | 12.8x | 11.5x | 2.1x |
| Sat, 25 Feb 2023 | TT$109.2b | TT$52.1b | TT$10.5b | 13.6x | 10.4x | 2.1x |
| Mon, 23 Jan 2023 | TT$108.4b | TT$51.5b | TT$10.3b | 14.5x | 10.5x | 2.1x |
| Wed, 21 Dec 2022 | TT$107.3b | TT$51.6b | TT$10.0b | 14.1x | 10.7x | 2.1x |
| Fri, 18 Nov 2022 | TT$106.3b | TT$51.0b | TT$10.0b | 13.1x | 10.7x | 2.1x |
| Sun, 16 Oct 2022 | TT$107.4b | TT$50.6b | TT$9.7b | 13.3x | 11.1x | 2.1x |
| Tue, 13 Sep 2022 | TT$109.2b | TT$50.6b | TT$9.6b | 14.1x | 11.4x | 2.2x |
| Thu, 11 Aug 2022 | TT$109.5b | TT$49.3b | TT$9.5b | 16.3x | 11.6x | 2.2x |
| Sat, 09 Jul 2022 | TT$109.2b | TT$48.9b | TT$9.2b | 16x | 11.8x | 2.2x |
| Mon, 06 Jun 2022 | TT$111.4b | TT$48.8b | TT$9.3b | 15.9x | 12x | 2.3x |
| Wed, 04 May 2022 | TT$111.9b | TT$48.1b | TT$7.8b | 16.7x | 14.3x | 2.3x |
| Fri, 01 Apr 2022 | TT$113.2b | TT$47.4b | TT$7.1b | 18.8x | 16x | 2.4x |
| Sun, 27 Feb 2022 | TT$114.5b | TT$47.5b | TT$6.9b | 18.7x | 16.5x | 2.4x |
| Tue, 25 Jan 2022 | TT$116.3b | TT$47.0b | TT$6.9b | 19.4x | 16.9x | 2.5x |
| Thu, 23 Dec 2021 | TT$111.5b | TT$47.0b | TT$6.9b | 18.7x | 16.2x | 2.4x |
| Sat, 20 Nov 2021 | TT$109.4b | TT$46.6b | TT$5.7b | 19.4x | 19.2x | 2.3x |
| Mon, 18 Oct 2021 | TT$106.2b | TT$46.5b | TT$4.9b | 18.8x | 21.5x | 2.3x |
| Wed, 15 Sep 2021 | TT$106.0b | TT$46.6b | TT$4.8b | 18.7x | 22.1x | 2.3x |
| Fri, 13 Aug 2021 | TT$106.3b | TT$47.0b | TT$4.7b | 19x | 22.5x | 2.3x |
| Tue, 08 Jun 2021 | TT$102.8b | TT$45.6b | TT$4.5b | 19.6x | 23x | 2.3x |
Price to Earnings Ratio
23x
Current Market PE
- Investors are relatively neutral on the Trinidadian or Tobagonian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 14.1x.
Past Earnings Growth
- The earnings for Trinidadian or Tobagonian listed companies have grown 17% per year over the last three years.
- Revenues for these companies have grown 8.9% 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 Trinidad & Tobago Market?
| TT Market | -0.57% | |
| Telecom | 2.57% | |
| Energy | 0.48% | |
| Industrials | 0.01% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Consumer Discretionary | -0.073% | |
| Financials | -0.39% | |
| Consumer Staples | -4.09% | |
Sector PE
- Investors favour the Telecom sector the most for future growth even though it's trading below its 3-year average PE ratio of 265x.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| AMCL ANSA McAL | TT$59.25 | 0.4% +TT$44.8m | 16.2% | PE19.8x | Financials | |
| WCO West Indian Tobacco | TT$10.08 | 0.8% +TT$20.2m | -22.5% | PE12.6x | Consumer Staples | |
| OCM One Caribbean Media | TT$3.70 | 4.2% +TT$9.1m | -0.3% | PE8.1x | Telecom | |
| NGL Trinidad and Tobago NGL | TT$7.67 | 0.5% +TT$6.2m | -58.0% | PS33.7x | Energy | |
| AGL Agostini's | TT$68.77 | 0.03% +TT$1.4m | 3.5% | PE29.1x | Industrials |
