Bermudian (BSX) Market Analysis & Valuation
UpdatedJul 09, 2024
DataAggregated Company Financials
Companies8
- 7D-4.3%
- 3M-12.9%
- 1Y3.6%
- YTD-9.5%
Over the last 7 days, the market has dropped 4.3%, driven by a decline of 4.7% in the Financials sector. In the last year, the market is actually up 3.6%.
Market Valuation and Performance
Has the Bermudian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 09 Jul 2024 | BD$409.8m | BD$742.5m | BD$55.9m | 9.9x | 7.3x | 0.6x |
| Thu, 06 Jun 2024 | BD$413.2m | BD$723.6m | BD$56.4m | 9.9x | 7.3x | 0.6x |
| Sat, 04 May 2024 | BD$431.7m | BD$462.0m | BD$48.4m | 8.9x | 8.9x | 0.9x |
| Mon, 01 Apr 2024 | BD$463.5m | BD$473.9m | BD$50.8m | 11.1x | 9.1x | 1x |
| Wed, 28 Feb 2024 | BD$441.6m | BD$471.0m | BD$48.9m | 11.3x | 9x | 0.9x |
| Fri, 26 Jan 2024 | BD$921.5m | BD$725.0m | BD$254.5m | 10.6x | 3.6x | 1.3x |
| Sun, 24 Dec 2023 | BD$939.5m | BD$722.8m | BD$254.5m | 10.6x | 3.7x | 1.3x |
| Tue, 21 Nov 2023 | BD$930.9m | BD$715.3m | BD$258.6m | 10.6x | 3.6x | 1.3x |
| Thu, 19 Oct 2023 | BD$927.4m | BD$684.8m | BD$231.7m | 10.7x | 4x | 1.4x |
| Sat, 16 Sep 2023 | BD$882.9m | BD$687.4m | BD$231.8m | 9.8x | 3.8x | 1.3x |
| Mon, 14 Aug 2023 | BD$907.2m | BD$687.2m | BD$231.7m | 12x | 3.9x | 1.3x |
| Wed, 12 Jul 2023 | BD$914.0m | BD$677.9m | BD$248.0m | 12x | 3.7x | 1.3x |
| Fri, 09 Jun 2023 | BD$911.6m | BD$677.2m | BD$247.7m | 12.2x | 3.7x | 1.3x |
| Sun, 07 May 2023 | BD$898.2m | BD$677.5m | BD$248.0m | 11.8x | 3.6x | 1.3x |
| Tue, 04 Apr 2023 | BD$874.4m | BD$674.9m | BD$247.9m | 11.8x | 3.5x | 1.3x |
| Thu, 02 Mar 2023 | BD$860.1m | BD$667.8m | BD$253.8m | 8.5x | 3.4x | 1.3x |
| Sat, 28 Jan 2023 | BD$892.9m | BD$667.8m | BD$253.8m | 8.5x | 3.5x | 1.3x |
| Mon, 26 Dec 2022 | BD$884.2m | BD$667.8m | BD$253.8m | 8.5x | 3.5x | 1.3x |
| Wed, 23 Nov 2022 | BD$894.9m | BD$688.7m | BD$241.2m | 8.5x | 3.7x | 1.3x |
| Fri, 21 Oct 2022 | BD$895.3m | BD$695.6m | BD$246.4m | 8.9x | 3.6x | 1.3x |
| Sun, 18 Sep 2022 | BD$885.0m | BD$695.6m | BD$246.4m | 5.1x | 3.6x | 1.3x |
| Tue, 16 Aug 2022 | BD$872.8m | BD$732.1m | BD$252.5m | 9.8x | 3.5x | 1.2x |
| Thu, 14 Jul 2022 | BD$883.6m | BD$734.6m | BD$253.0m | 7.2x | 3.5x | 1.2x |
| Sat, 11 Jun 2022 | BD$833.8m | BD$736.0m | BD$266.1m | 4.3x | 3.1x | 1.1x |
| Mon, 09 May 2022 | BD$864.3m | BD$746.5m | BD$269.4m | 5.1x | 3.2x | 1.2x |
| Wed, 06 Apr 2022 | BD$809.1m | BD$692.7m | BD$256.3m | 6.7x | 3.2x | 1.2x |
| Fri, 04 Mar 2022 | BD$388.7m | BD$477.0m | BD$64.9m | 5.8x | 6x | 0.8x |
| Sun, 30 Jan 2022 | BD$381.7m | BD$549.6m | BD$76.5m | 4.1x | 5x | 0.7x |
| Tue, 28 Dec 2021 | BD$469.2m | BD$549.6m | BD$76.5m | 5.3x | 6.1x | 0.9x |
| Thu, 25 Nov 2021 | BD$845.0m | BD$620.3m | BD$129.6m | 6.4x | 6.5x | 1.4x |
| Sat, 23 Oct 2021 | BD$838.1m | BD$620.7m | BD$129.9m | 7.4x | 6.4x | 1.4x |
| Mon, 20 Sep 2021 | BD$742.7m | BD$525.6m | BD$99.6m | 9.4x | 7.5x | 1.4x |
| Wed, 18 Aug 2021 | BD$992.8m | BD$757.4m | BD$137.8m | 9x | 7.2x | 1.3x |
Price to Earnings Ratio
7x
Current Market PE
- Investors are optimistic on the Bermuda market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 7.3x which is higher than its 3-year average PE of 4.9x.
Past Earnings Growth
- The earnings for Bermuda listed companies have declined 26% per year over the last three years.
- Meanwhile revenues have been flat.
- This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.
Sector Trends
Which sectors have driven the changes within the Bermudian Market?
| BM Market | -4.27% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | 0% | |
| Consumer Staples | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Telecom | 0% | |
| Utilities | 0% | |
| Financials | -4.72% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 1.8x.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| No data available | ||||||
