Bangladeshi (DSE) Market Analysis & Valuation
UpdatedMay 07, 2024
DataAggregated Company Financials
Companies333
- 7D2.2%
- 3M-13.4%
- 1Y-16.7%
- YTD-16.0%
The market is up 2.2% in the last 7 days, led by the Healthcare and all sectors gaining ground. Longer term the market is actually down 17% over the past year. Looking forward, earnings are forecast to grow by 13% annually.
Market Valuation and Performance
Has the Bangladeshi Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ৳3.7t | ৳2.9t | ৳280.3b | 23.4x | 13.1x | 1.3x |
| Fri, 05 Apr 2024 | ৳3.8t | ৳2.8t | ৳262.9b | 23.9x | 14.4x | 1.3x |
| Sun, 03 Mar 2024 | ৳4.2t | ৳2.9t | ৳264.0b | 25.9x | 15.8x | 1.5x |
| Tue, 30 Jan 2024 | ৳4.0t | ৳2.8t | ৳261.7b | 24.7x | 15.4x | 1.4x |
| Thu, 28 Dec 2023 | ৳4.4t | ৳2.9t | ৳262.1b | 24.3x | 16.7x | 1.5x |
| Sat, 25 Nov 2023 | ৳4.4t | ৳2.8t | ৳270.4b | 24.7x | 16.2x | 1.6x |
| Mon, 23 Oct 2023 | ৳4.4t | ৳2.7t | ৳264.4b | 25.3x | 16.6x | 1.6x |
| Wed, 20 Sep 2023 | ৳4.4t | ৳2.7t | ৳267.2b | 26.4x | 16.5x | 1.6x |
| Fri, 18 Aug 2023 | ৳4.4t | ৳2.7t | ৳266.8b | 25x | 16.4x | 1.6x |
| Sun, 16 Jul 2023 | ৳4.4t | ৳2.7t | ৳262.2b | 25x | 16.8x | 1.6x |
| Tue, 13 Jun 2023 | ৳4.4t | ৳2.7t | ৳262.7b | 25.2x | 16.8x | 1.6x |
| Thu, 11 May 2023 | ৳4.4t | ৳2.7t | ৳260.4b | 23.1x | 17x | 1.6x |
| Sat, 08 Apr 2023 | ৳4.4t | ৳2.6t | ৳263.6b | 21.6x | 16.7x | 1.7x |
| Mon, 06 Mar 2023 | ৳4.4t | ৳2.6t | ৳233.9b | 22.3x | 18.8x | 1.7x |
| Wed, 01 Feb 2023 | ৳4.4t | ৳2.6t | ৳250.0b | 22.5x | 17.6x | 1.7x |
| Fri, 30 Dec 2022 | ৳4.4t | ৳2.6t | ৳250.7b | 22x | 17.4x | 1.7x |
| Sun, 27 Nov 2022 | ৳4.4t | ৳2.5t | ৳258.4b | 21.1x | 17x | 1.7x |
| Tue, 25 Oct 2022 | ৳4.4t | ৳2.4t | ৳269.9b | 18.9x | 16.4x | 1.8x |
| Thu, 22 Sep 2022 | ৳4.5t | ৳2.4t | ৳269.9b | 20.3x | 16.7x | 1.9x |
| Sat, 20 Aug 2022 | ৳4.4t | ৳2.4t | ৳271.3b | 19.5x | 16.2x | 1.8x |
| Mon, 18 Jul 2022 | ৳4.4t | ৳2.3t | ৳268.0b | 19.6x | 16.6x | 1.9x |
| Wed, 15 Jun 2022 | ৳4.5t | ৳2.3t | ৳269.8b | 20.3x | 16.6x | 1.9x |
| Fri, 13 May 2022 | ৳4.6t | ৳2.3t | ৳274.2b | 21.4x | 16.9x | 2x |
| Sun, 10 Apr 2022 | ৳4.6t | ৳2.3t | ৳273.4b | 21.2x | 17x | 2.1x |
| Tue, 08 Mar 2022 | ৳4.5t | ৳2.3t | ৳274.1b | 19.8x | 16.5x | 2x |
| Thu, 03 Feb 2022 | ৳4.9t | ৳2.2t | ৳269.5b | 22.8x | 18.3x | 2.2x |
| Sat, 01 Jan 2022 | ৳4.8t | ৳2.2t | ৳269.6b | 21.9x | 17.6x | 2.2x |
| Mon, 29 Nov 2021 | ৳4.8t | ৳2.0t | ৳270.6b | 22.6x | 17.7x | 2.3x |
| Wed, 27 Oct 2021 | ৳4.9t | ৳1.9t | ৳250.9b | 25.4x | 19.5x | 2.6x |
| Fri, 24 Sep 2021 | ৳5.1t | ৳2.0t | ৳262.2b | 26.8x | 19.6x | 2.6x |
| Sun, 22 Aug 2021 | ৳4.9t | ৳2.0t | ৳225.6b | 26.1x | 21.7x | 2.4x |
| Fri, 09 Jul 2021 | ৳4.5t | ৳2.0t | ৳224.6b | 24.3x | 20.1x | 2.3x |
Price to Earnings Ratio
21.4x
Current Market PE
- Investors are pessimistic on the Bangladeshi market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 13.1x which is lower than its 3-year average PE of 17.4x.
Past Earnings Growth
- The earnings for Bangladeshi listed companies have grown 11% per year over the last three years.
- Revenues for these companies have grown 14% 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 Bangladeshi Market?
| BD Market | 2.23% | |
| Tech | 7.95% | |
| Real Estate | 5.78% | |
| Utilities | 5.38% | |
| Healthcare | 4.69% | |
| Materials | 3.47% | |
| Industrials | 3.14% | |
| Financials | 1.68% | |
| Telecom | 1.32% | |
| Consumer Discretionary | 1.26% | |
| Energy | 1.03% | |
| Consumer Staples | 0.22% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 29.7x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 37.0% which is higher than its past year's earnings decline of 19.6% per year.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.2x.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 20% per year.
- In contrast, the Consumer Staples sector is expected to see its earnings grow by 7.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| ICB Investment Corporation of Bangladesh | ৳58.00 | 18.9% +৳8.0b | -32.1% | PS81.8x | Financials | |
| UPGDCL United Power Generation & Distribution | ৳135.60 | 10.3% +৳7.4b | -42.0% | PE10.5x | Utilities | |
| GP Grameenphone | ৳239.50 | 1.6% +৳5.0b | -16.4% | PE8.4x | Telecom | |
| BESTHLDNG Best Holdings | ৳39.70 | 12.5% +৳4.7b | n/a | PE36.1x | Consumer Discretionary | |
| KOHINOOR Kohinoor Chemical Company (Bangladesh) | ৳769.70 | 17.2% +৳3.8b | 85.7% | PE63.4x | Consumer Staples |
