Tunisian (TUNINDEX) Financials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies25
- 7D-1.5%
- 3M4.6%
- 1Y4.0%
- YTD2.5%
Over the last 7 days, the Financials industry has dropped 1.5%, driven by Banque Internationale Arabe de Tunisie Société anonyme declining 4.5%. In the past year, the industry has gained 3.9%. In the next few years, earnings are forecast to decline by 3.5% annually.
Sector Valuation and Performance
Has the Tunisian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | د.ت13.8b | د.ت8.2b | د.ت1.9b | 7.2x | 7.2x | 1.7x |
| Tue, 16 Apr 2024 | د.ت14.1b | د.ت8.1b | د.ت1.9b | 7.8x | 7.5x | 1.7x |
| Thu, 14 Mar 2024 | د.ت13.6b | د.ت7.7b | د.ت1.7b | 7.7x | 8x | 1.8x |
| Sat, 10 Feb 2024 | د.ت13.2b | د.ت6.9b | د.ت1.5b | 7.6x | 8.6x | 1.9x |
| Mon, 08 Jan 2024 | د.ت13.3b | د.ت6.9b | د.ت1.5b | 7.7x | 8.6x | 1.9x |
| Wed, 06 Dec 2023 | د.ت13.3b | د.ت6.9b | د.ت1.5b | 7.7x | 8.6x | 1.9x |
| Fri, 03 Nov 2023 | د.ت13.0b | د.ت7.6b | د.ت1.7b | 7.3x | 7.5x | 1.7x |
| Sun, 01 Oct 2023 | د.ت12.9b | د.ت7.6b | د.ت1.7b | 7.2x | 7.4x | 1.7x |
| Tue, 29 Aug 2023 | د.ت13.6b | د.ت7.5b | د.ت1.7b | 7.7x | 8x | 1.8x |
| Thu, 27 Jul 2023 | د.ت13.7b | د.ت7.5b | د.ت1.7b | 7.6x | 8x | 1.8x |
| Sat, 24 Jun 2023 | د.ت13.5b | د.ت7.4b | د.ت1.7b | 7.4x | 7.9x | 1.8x |
| Mon, 22 May 2023 | د.ت13.2b | د.ت7.4b | د.ت1.7b | 8.1x | 7.8x | 1.8x |
| Wed, 19 Apr 2023 | د.ت13.1b | د.ت7.3b | د.ت1.7b | 7.5x | 7.7x | 1.8x |
| Fri, 17 Mar 2023 | د.ت12.6b | د.ت6.9b | د.ت1.5b | 8.6x | 8.4x | 1.8x |
| Sun, 12 Feb 2023 | د.ت11.0b | د.ت6.9b | د.ت1.5b | 8.3x | 7.3x | 1.6x |
| Tue, 10 Jan 2023 | د.ت11.2b | د.ت6.4b | د.ت1.5b | 8.3x | 7.6x | 1.8x |
| Thu, 08 Dec 2022 | د.ت10.8b | د.ت6.5b | د.ت1.5b | 7.9x | 7.3x | 1.7x |
| Sat, 05 Nov 2022 | د.ت10.9b | د.ت6.4b | د.ت1.5b | 7.7x | 7.4x | 1.7x |
| Mon, 03 Oct 2022 | د.ت10.9b | د.ت6.4b | د.ت1.5b | 8.1x | 7.3x | 1.7x |
| Wed, 31 Aug 2022 | د.ت10.2b | د.ت6.1b | د.ت1.4b | 8.1x | 7.2x | 1.7x |
| Fri, 29 Jul 2022 | د.ت9.8b | د.ت6.1b | د.ت1.4b | 7.9x | 6.9x | 1.6x |
| Sun, 26 Jun 2022 | د.ت9.7b | د.ت6.5b | د.ت1.4b | 8.1x | 6.8x | 1.5x |
| Tue, 24 May 2022 | د.ت9.3b | د.ت6.5b | د.ت1.4b | 7.6x | 6.5x | 1.4x |
| Thu, 21 Apr 2022 | د.ت9.5b | د.ت6.3b | د.ت1.4b | 7.5x | 6.9x | 1.5x |
| Sat, 19 Mar 2022 | د.ت9.2b | د.ت5.9b | د.ت1.2b | 9.2x | 7.8x | 1.6x |
| Mon, 14 Feb 2022 | د.ت9.1b | د.ت5.8b | د.ت1.2b | 9.2x | 7.7x | 1.6x |
| Wed, 12 Jan 2022 | د.ت8.9b | د.ت5.8b | د.ت1.2b | 9.5x | 7.5x | 1.5x |
| Fri, 10 Dec 2021 | د.ت8.7b | د.ت5.3b | د.ت1.1b | 9.1x | 7.7x | 1.7x |
| Sun, 07 Nov 2021 | د.ت8.4b | د.ت5.3b | د.ت1.1b | 9.1x | 7.3x | 1.6x |
| Tue, 05 Oct 2021 | د.ت8.8b | د.ت5.3b | د.ت1.1b | 9.3x | 7.7x | 1.7x |
| Thu, 02 Sep 2021 | د.ت8.9b | د.ت5.8b | د.ت1.1b | 9.4x | 7.8x | 1.5x |
| Sat, 31 Jul 2021 | د.ت7.5b | د.ت5.5b | د.ت1.0b | 9.3x | 7.2x | 1.4x |
Price to Earnings Ratio
7.4x
Current Industry PE
- Investors are relatively neutral on the Tunisian Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.6x.
- The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 22% 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.
Industry Trends
Which industries have driven the changes within the Tunisian Financials sector?
| TN Market | -0.86% | |
| Financials | -1.45% | |
| Capital Markets | 0.93% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Insurance | -0.56% | |
| Banks | -1.51% | |
| Diversified Financial | -2.54% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 11.3x.
- Analysts are expecting annual earnings growth of 0.8%, which is lower than the prior year's growth of 23.1% per year.
- Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 7.2x.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 0.8% over the next 5 years.
- In contrast, the Banks industry is expected to see its earnings decline by 3.8% 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 | |
|---|---|---|---|---|---|
| TJARI Banque Attijari de Tunisie Société anonyme | د.ت49.50 | 2.2% +د.ت44.5m | 15.2% | PB1.9x | |
| BT Banque de Tunisie Société anonyme | د.ت5.10 | 1.4% +د.ت18.9m | -0.8% | PB1x | |
| BNA Banque Nationale Agricole Société anonyme | د.ت9.06 | 1.2% +د.ت7.0m | 15.9% | PB0.3x | |
| TRE Société Tunisienne de Réassurance | د.ت7.20 | 2.9% +د.ت4.0m | 19.8% | PE7.7x | |
| UIB Union Internationale de Banques Société anonyme | د.ت23.50 | 0.4% +د.ت3.5m | -7.8% | PB0.8x |