Ivorian (BRVM) Market Analysis & Valuation
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies43
- 7D-0.6%
- 3M6.6%
- 1Y11.0%
- YTD3.5%
In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 16%. As for the longer term, the market has risen 11% in the past 12 months.
Market Valuation and Performance
Has the Ivorian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | XOF7.7t | XOF8.0t | XOF868.9b | 8.7x | 8.8x | 1x |
| Fri, 05 Apr 2024 | XOF7.6t | XOF7.0t | XOF830.1b | 8.2x | 9.1x | 1.1x |
| Sun, 03 Mar 2024 | XOF7.5t | XOF7.8t | XOF885.3b | 7.1x | 8.4x | 1x |
| Tue, 30 Jan 2024 | XOF7.3t | XOF6.7t | XOF745.0b | 7.1x | 9.8x | 1.1x |
| Thu, 28 Dec 2023 | XOF7.4t | XOF6.8t | XOF750.3b | 7.3x | 9.9x | 1.1x |
| Sat, 25 Nov 2023 | XOF7.4t | XOF6.8t | XOF770.3b | 7x | 9.5x | 1.1x |
| Mon, 23 Oct 2023 | XOF7.3t | XOF6.9t | XOF810.4b | 7.3x | 9x | 1.1x |
| Wed, 20 Sep 2023 | XOF7.4t | XOF7.0t | XOF819.7b | 7.3x | 9x | 1.1x |
| Fri, 18 Aug 2023 | XOF7.1t | XOF6.8t | XOF794.8b | 7x | 8.9x | 1x |
| Sun, 16 Jul 2023 | XOF7.0t | XOF6.5t | XOF779.6b | 6.8x | 9x | 1.1x |
| Tue, 13 Jun 2023 | XOF6.8t | XOF6.0t | XOF776.8b | 6.4x | 8.7x | 1.1x |
| Thu, 11 May 2023 | XOF6.9t | XOF5.9t | XOF756.0b | 6.8x | 9.2x | 1.2x |
| Sat, 08 Apr 2023 | XOF7.0t | XOF5.9t | XOF773.0b | 7x | 9.1x | 1.2x |
| Mon, 06 Mar 2023 | XOF7.2t | XOF6.3t | XOF770.5b | 7.3x | 9.3x | 1.1x |
| Wed, 01 Feb 2023 | XOF6.9t | XOF6.2t | XOF762.0b | 6.9x | 9.1x | 1.1x |
| Fri, 30 Dec 2022 | XOF5.6t | XOF6.2t | XOF762.0b | 7.2x | 7.3x | 0.9x |
| Sun, 27 Nov 2022 | XOF5.4t | XOF6.2t | XOF768.3b | 7.1x | 7x | 0.9x |
| Tue, 25 Oct 2022 | XOF5.6t | XOF6.1t | XOF774.7b | 7.4x | 7.2x | 0.9x |
| Thu, 22 Sep 2022 | XOF5.7t | XOF6.0t | XOF762.4b | 8.4x | 7.5x | 1x |
| Sat, 20 Aug 2022 | XOF5.7t | XOF6.0t | XOF760.4b | 8.1x | 7.5x | 1x |
| Mon, 18 Jul 2022 | XOF5.8t | XOF5.9t | XOF751.5b | 8x | 7.7x | 1x |
| Wed, 15 Jun 2022 | XOF5.8t | XOF5.9t | XOF753.5b | 8.5x | 7.8x | 1x |
| Fri, 13 May 2022 | XOF5.9t | XOF5.8t | XOF746.5b | 8.1x | 7.9x | 1x |
| Sun, 10 Apr 2022 | XOF6.0t | XOF5.4t | XOF699.6b | 8x | 8.5x | 1.1x |
| Tue, 08 Mar 2022 | XOF6.0t | XOF5.3t | XOF671.5b | 8.3x | 8.9x | 1.1x |
| Thu, 03 Feb 2022 | XOF5.5t | XOF5.4t | XOF677.3b | 7.5x | 8.2x | 1x |
| Sat, 01 Jan 2022 | XOF5.6t | XOF5.3t | XOF676.3b | 7.7x | 8.2x | 1x |
| Mon, 29 Nov 2021 | XOF5.4t | XOF5.3t | XOF663.8b | 8.4x | 8.2x | 1x |
| Wed, 27 Oct 2021 | XOF5.3t | XOF5.2t | XOF648.0b | 8x | 8.2x | 1x |
| Fri, 24 Sep 2021 | XOF5.0t | XOF5.1t | XOF610.2b | 8.1x | 8.2x | 1x |
| Sun, 22 Aug 2021 | XOF4.8t | XOF5.4t | XOF607.6b | 7.1x | 8x | 0.9x |
| Fri, 09 Jul 2021 | XOF4.4t | XOF5.4t | XOF607.6b | 6.4x | 7.2x | 0.8x |
Price to Earnings Ratio
7.4x
Current Market PE
- Investors are relatively neutral on the Ivorian 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 8.4x.
Past Earnings Growth
- The earnings for Ivorian listed companies have grown 15% 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 Ivorian Market?
| CI Market | -0.58% | |
| Utilities | 15.87% | |
| Telecom | 0.85% | |
| Real Estate | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Energy | -1.12% | |
| Financials | -1.38% | |
| Materials | -3.48% | |
| Consumer Staples | -4.11% | |
| Consumer Discretionary | -4.55% | |
| Industrials | -14.57% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 31.1x.
- 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, which is trading close to its 3-year average of 7.3x.
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 | |
|---|---|---|---|---|---|---|
| ONTBF ONATEL-SA | XOF2.60k | 9.2% +XOF15.0b | -9.7% | PE7.9x | Telecom | |
| CIEC Compagnie Ivoirienne d'Électricité (CIE) | XOF1.78k | 17.1% +XOF14.6b | -13.2% | PE8.7x | Utilities | |
| SNTS Sonatel | XOF19.30k | 0.5% +XOF10.0b | 20.6% | PE6.9x | Telecom | |
| BICC Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire | XOF7.92k | 5.5% +XOF6.9b | 25.7% | PB1.8x | Financials | |
| ORAC Orange CI | XOF11.00k | 0.4% +XOF6.8b | 15.8% | PE15x | Telecom |
