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Zimbabwean (ZSE) Market Analysis & Valuation

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies4
  • 7D-1.1%
  • 3Mn/a
  • 1Yn/a
  • YTDn/a

Over the last 7 days, the market has dropped 1.1%, driven by a decline of 10% in the Financials sector.

Market Valuation and Performance

Has the Zimbabwean Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024Z$10.3bZ$2.3tZ$382.6b0.03x0.03x0.004x
Fri, 05 Apr 2024Z$24.7tZ$1.9tZ$382.6b64.9x64.4x13.1x
Sun, 03 Mar 2024Z$13.2tZ$1.9tZ$383.0b31.9x34.3x7x
Tue, 30 Jan 2024Z$13.5tZ$1.5tZ$348.2b33.8x38.7x8.8x
Thu, 28 Dec 2023Z$5.1tZ$1.5tZ$348.2b30.9x14.8x3.4x
Sat, 25 Nov 2023Z$979.0bZ$413.7bZ$13.1b39x74.5x2.4x
Mon, 23 Oct 2023Z$1.0tZ$305.6bZ$13.4b42.7x75.8x3.3x
Wed, 20 Sep 2023Z$916.6bZ$305.0bZ$13.0b31.2x70.6x3x
Fri, 18 Aug 2023Z$857.8bZ$305.0bZ$13.0b26.5x66.1x2.8x
Sun, 16 Jul 2023Z$877.4bZ$305.0bZ$13.0b24.6x67.6x2.9x
Tue, 13 Jun 2023Z$930.7bZ$288.8bZ$10.8b24.1x86.2x3.2x
Thu, 11 May 2023Z$581.9bZ$235.2bZ$17.9b56.7x32.5x2.5x
Sat, 08 Apr 2023Z$462.9bZ$226.8bZ$17.6b30.9x26.3x2x
Mon, 06 Mar 2023Z$453.2bZ$226.8bZ$17.6b30.9x25.7x2x
Wed, 01 Feb 2023Z$380.5bZ$185.8bZ$15.3b29.5x24.8x2x
Fri, 30 Dec 2022Z$336.8bZ$186.2bZ$13.2b25.6x25.4x1.8x
Sun, 27 Nov 2022Z$301.1bZ$186.2bZ$13.2b19.5x22.7x1.6x
Tue, 25 Oct 2022Z$301.4bZ$186.2bZ$13.2b21.2x22.8x1.6x
Thu, 22 Sep 2022Z$177.9bZ$85.2bZ$5.7b21.5x31.2x2.1x
Sat, 20 Aug 2022Z$263.0bZ$85.2bZ$5.7b33.5x46x3.1x
Mon, 18 Jul 2022Z$312.6bZ$74.7bZ$6.2b38.8x50.2x4.2x
Wed, 15 Jun 2022Z$564.8bZ$74.7bZ$6.2b75.7x90.7x7.6x
Fri, 13 May 2022Z$589.1bZ$71.7bZ$6.6b92.1x89.6x8.2x
Sun, 10 Apr 2022Z$434.0bZ$71.4bZ$6.5b54.3x67.1x6.1x
Tue, 08 Mar 2022Z$341.7bZ$63.5bZ$5.0b47.9x68.3x5.4x
Thu, 03 Feb 2022Z$264.1bZ$57.9bZ$427.1m59.5x618.3x4.6x
Sat, 01 Jan 2022Z$194.7bZ$57.9bZ$427.1m41.6x455.9x3.4x
Mon, 29 Nov 2021Z$201.3bZ$56.2b-Z$1,312,207,602.0046x-153.4x3.6x
Wed, 27 Oct 2021Z$253.8bZ$79.8b-Z$963,996,087.0051.4x-263.3x3.2x
Fri, 24 Sep 2021Z$79.2bZ$53.1b-Z$1,857,272,244.0039.6x-42.6x1.5x
Sun, 22 Aug 2021Z$91.7bZ$81.4bZ$1.7b32.2x52.8x1.1x
Fri, 09 Jul 2021Z$95.3bZ$81.4bZ$1.7b27.5x54.8x1.2x
Price to Earnings Ratio

47.5x


Total Market Cap: Z$82.6bTotal Earnings: Z$1.7bTotal Revenue: Z$81.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Zimbabwean Market Price to Earnings3Y Average 59.1x202220232024
Current Market PE
  • Investors are pessimistic on the Zimbabwean market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 0.027x which is lower than its 3-year average PE of 59.1x.
Past Earnings Growth
  • The earnings for Zimbabwean listed companies have grown 504% per year over the last three years.
  • Revenues for these companies have grown 205% 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 Zimbabwean Market?

ZW Market-1.07%
Consumer Staples0.093%
Energy0%
Real Estate0%
Consumer Discretionary0%
Healthcare0%
Tech0%
Telecom0%
Utilities0%
Industrials-1.43%
Materials-10.00%
Financials-10.47%
Sector PE
  • Investors favour the Industrials sector the most for future growth even though it's trading below its 3-year average PE ratio of 147x.
    • 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?

CompanyLast Price7D1YValuationSector
DLTA DeltaZ$7.110.09%
+Z$8.5m		-99.4%PE0.03xConsumer Staples
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