Tanzanian (DSEI) Financials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies10
- 7D-1.3%
- 3M3.6%
- 1Y23.9%
- YTD9.6%
Over the last 7 days, the Financials industry has dropped 1.3%, driven by a pullback from CRDB Bank of 13%. Meanwhile, NMB Bank actually outperformed within the industry, gaining 5.5% in the last week. In the past year, the industry has gained 24%.
Sector Valuation and Performance
Has the Tanzanian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | TSh3.9t | TSh2.8t | TSh1.1t | 5.5x | 3.7x | 1.4x |
| Tue, 16 Apr 2024 | TSh4.0t | TSh2.6t | TSh988.8b | 5.1x | 4x | 1.5x |
| Thu, 14 Mar 2024 | TSh3.8t | TSh2.6t | TSh987.5b | 5.1x | 3.9x | 1.5x |
| Sat, 10 Feb 2024 | TSh3.8t | TSh2.6t | TSh989.0b | 5.1x | 3.8x | 1.4x |
| Mon, 08 Jan 2024 | TSh3.6t | TSh2.5t | TSh902.8b | 5.2x | 4x | 1.5x |
| Wed, 06 Dec 2023 | TSh3.6t | TSh2.5t | TSh902.7b | 4.7x | 4x | 1.4x |
| Fri, 03 Nov 2023 | TSh3.7t | TSh2.5t | TSh899.8b | 5.3x | 4.1x | 1.5x |
| Sun, 01 Oct 2023 | TSh3.6t | TSh2.4t | TSh860.8b | 5.2x | 4.2x | 1.5x |
| Tue, 29 Aug 2023 | TSh3.3t | TSh2.4t | TSh857.7b | 5.6x | 3.8x | 1.4x |
| Thu, 27 Jul 2023 | TSh3.1t | TSh2.3t | TSh816.2b | 5.8x | 3.8x | 1.4x |
| Sat, 24 Jun 2023 | TSh3.2t | TSh2.3t | TSh818.7b | 6.4x | 3.9x | 1.4x |
| Mon, 22 May 2023 | TSh3.2t | TSh2.3t | TSh818.7b | 6.5x | 3.9x | 1.4x |
| Wed, 19 Apr 2023 | TSh3.3t | TSh2.2t | TSh796.0b | 5.3x | 4.1x | 1.5x |
| Fri, 17 Mar 2023 | TSh3.1t | TSh2.2t | TSh796.0b | 5.3x | 3.9x | 1.4x |
| Sun, 12 Feb 2023 | TSh3.0t | TSh2.2t | TSh789.0b | 6.8x | 3.8x | 1.3x |
| Tue, 10 Jan 2023 | TSh2.7t | TSh2.2t | TSh771.8b | 7x | 3.6x | 1.3x |
| Thu, 08 Dec 2022 | TSh2.6t | TSh2.2t | TSh770.1b | 8.7x | 3.3x | 1.2x |
| Sat, 05 Nov 2022 | TSh2.5t | TSh2.2t | TSh770.1b | 9.2x | 3.3x | 1.2x |
| Mon, 03 Oct 2022 | TSh2.5t | TSh2.1t | TSh721.6b | 10.9x | 3.5x | 1.2x |
| Wed, 31 Aug 2022 | TSh2.6t | TSh2.1t | TSh721.1b | 10.9x | 3.7x | 1.3x |
| Fri, 29 Jul 2022 | TSh2.6t | TSh2.0t | TSh643.2b | 12.2x | 4x | 1.3x |
| Sun, 26 Jun 2022 | TSh2.6t | TSh2.0t | TSh651.8b | 10.1x | 4x | 1.3x |
| Tue, 24 May 2022 | TSh2.8t | TSh2.0t | TSh650.0b | 9.8x | 4.3x | 1.4x |
| Thu, 21 Apr 2022 | TSh2.5t | TSh1.9t | TSh566.1b | 7.9x | 4.3x | 1.3x |
| Sat, 19 Mar 2022 | TSh2.4t | TSh1.9t | TSh566.0b | 7.4x | 4.3x | 1.3x |
| Mon, 14 Feb 2022 | TSh2.3t | TSh1.9t | TSh566.0b | 6.9x | 4.1x | 1.2x |
| Wed, 12 Jan 2022 | TSh2.0t | TSh1.7t | TSh494.6b | 6.7x | 4x | 1.2x |
| Fri, 10 Dec 2021 | TSh1.8t | TSh1.7t | TSh492.5b | 5.2x | 3.6x | 1x |
| Sun, 07 Nov 2021 | TSh1.6t | TSh1.7t | TSh460.8b | 5.2x | 3.6x | 1x |
| Tue, 05 Oct 2021 | TSh1.9t | TSh1.6t | TSh438.0b | 5.3x | 4.3x | 1.2x |
| Thu, 02 Sep 2021 | TSh2.0t | TSh1.6t | TSh438.0b | 5.4x | 4.5x | 1.2x |
| Sat, 31 Jul 2021 | TSh2.0t | TSh1.6t | TSh438.0b | 5.4x | 4.6x | 1.2x |
Price to Earnings Ratio
5.1x
Current Industry PE
- Investors are relatively neutral on the Tanzanian 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 4.0x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 38% per year over the last three years.
- Revenues for these companies have grown 22% 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 Tanzanian Financials sector?
| TZ Market | -0.49% | |
| Financials | -1.27% | |
| Capital Markets | 1.75% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Insurance | 0% | |
| Banks | -1.35% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 13.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 3.9x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NMB NMB Bank | TSh5.00k | 5.5% +TSh130.0b | 43.7% | PB1.1x | |
| NICO National Investment | TSh800.00 | 3.9% +TSh1.8b | 95.1% | PE6.8x | |
| MKCB Mkombozi Commercial Bank | TSh630.00 | 1.6% +TSh235.6m | n/a | PB0.5x |