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Tanzanian (DSEI) Market Analysis & Valuation

UpdatedJul 09, 2024
DataAggregated Company Financials
Companies19
  • 7D0.02%
  • 3M1.5%
  • 1Y10.3%
  • YTD4.9%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Meanwhile, the market is actually up 10% over the past year. Earnings are forecast to grow by 24% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 09 Jul 2024TSh11.8tTSh5.8tTSh1.4t7.1x8.2x2x
Thu, 06 Jun 2024TSh11.7tTSh5.9tTSh1.4t7.4x8.1x2x
Sat, 04 May 2024TSh11.6tTSh5.7tTSh1.4t7.3x8.3x2x
Mon, 01 Apr 2024TSh11.6tTSh5.6tTSh1.4t6.7x8.6x2.1x
Wed, 28 Feb 2024TSh11.4tTSh5.6tTSh1.4t6.6x8.4x2x
Fri, 26 Jan 2024TSh11.2tTSh5.4tTSh1.3t6.7x8.7x2.1x
Sun, 24 Dec 2023TSh11.2tTSh5.5tTSh1.3t7.6x8.7x2x
Tue, 21 Nov 2023TSh11.3tTSh5.4tTSh1.3t8x8.8x2.1x
Thu, 19 Oct 2023TSh11.3tTSh5.3tTSh1.2t7.6x9.1x2.1x
Sat, 16 Sep 2023TSh11.2tTSh5.3tTSh1.2t7.4x9x2.1x
Mon, 14 Aug 2023TSh10.8tTSh5.1tTSh1.2t8.9x9.1x2.1x
Wed, 12 Jul 2023TSh10.8tTSh5.0tTSh1.1t9.8x9.4x2.1x
Fri, 09 Jun 2023TSh10.7tTSh5.0tTSh1.1t8.2x9.4x2.2x
Sun, 07 May 2023TSh10.8tTSh4.9tTSh1.1t8.8x9.5x2.2x
Tue, 04 Apr 2023TSh10.7tTSh4.9tTSh1.1t8.4x9.6x2.2x
Thu, 02 Mar 2023TSh10.6tTSh4.9tTSh1.1t8.4x9.5x2.2x
Sat, 28 Jan 2023TSh10.2tTSh4.5tTSh1.0t9.8x10x2.3x
Mon, 26 Dec 2022TSh10.1tTSh4.0tTSh923.1b10.6x11x2.6x
Wed, 23 Nov 2022TSh10.0tTSh4.0tTSh923.1b10.2x10.8x2.5x
Fri, 21 Oct 2022TSh10.0tTSh3.8tTSh839.0b10.8x12x2.6x
Sun, 18 Sep 2022TSh10.1tTSh3.8tTSh834.5b13.2x12.1x2.6x
Tue, 16 Aug 2022TSh10.1tTSh3.1tTSh700.6b10.8x14.5x3.3x
Thu, 14 Jul 2022TSh10.1tTSh2.9tTSh626.3b10.9x16.1x3.4x
Sat, 11 Jun 2022TSh10.2tTSh4.4tTSh821.7b11.8x12.4x2.3x
Mon, 09 May 2022TSh10.0tTSh3.3tTSh792.7b10.9x12.7x3x
Wed, 06 Apr 2022TSh10.1tTSh3.3tTSh756.3b11.8x13.3x3x
Fri, 04 Mar 2022TSh10.0tTSh4.6tTSh754.8b10.9x13.2x2.2x
Sun, 30 Jan 2022TSh9.6tTSh4.4tTSh683.5b10.9x14x2.2x
Tue, 28 Dec 2021TSh9.3tTSh4.4tTSh683.9b10.1x13.6x2.1x
Thu, 25 Nov 2021TSh9.2tTSh4.4tTSh683.5b9.8x13.4x2.1x
Sat, 23 Oct 2021TSh9.3tTSh4.3tTSh600.6b10.8x15.4x2.2x
Mon, 20 Sep 2021TSh9.4tTSh4.3tTSh600.6b11.1x15.7x2.2x
Wed, 18 Aug 2021TSh9.4tTSh4.5tTSh581.5b12.3x16.1x2.1x
Price to Earnings Ratio

16.1x


Total Market Cap: TSh9.4tTotal Earnings: TSh581.5bTotal Revenue: TSh4.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Tanzanian Market Price to Earnings3Y Average 11.2x202220232024
Current Market PE
  • Investors are pessimistic on the Tanzanian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 8.2x which is lower than its 3-year average PE of 11.2x.
Past Earnings Growth
  • The earnings for Tanzanian listed companies have grown 35% per year over the last three years.
  • Revenues for these companies have grown 9.2% 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 Tanzanian Market?

TZ Market0.02%
Financials0.056%
Energy0%
Real Estate0%
Materials0%
Industrials0%
Consumer Discretionary0%
Consumer Staples0%
Healthcare0%
Tech0%
Telecom0%
Utilities0%
Sector PE
  • Investors favour the Telecom sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 23.7%, which is higher than its past year's earnings growth of 19.8% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 3.9x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Telecom sector is expected to see its earnings grow by 24% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
DSE Dar es Salaam Stock ExchangeTSh2.30k4.5%
+TSh2.4b		26.4%PE9.6xFinancials
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