Zimbabwean (ZSE) Market Analysis & Valuation
UpdatedJul 09, 2024
DataAggregated Company Financials
Companies4
- 7D10.8%
- 3Mn/a
- 1Yn/a
- YTDn/a
Over the last 7 days, the market has risen 8.0%, driven by gains of 3.5% in the Consumer Staples sector. Meanwhile, the Industrials sector has underperformed, shrinking 12% in that time.
Market Valuation and Performance
Has the Zimbabwean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 09 Jul 2024 | Z$15.0b | Z$1.0t | Z$80.2b | 0.4x | 0.2x | 0.01x |
| Thu, 06 Jun 2024 | Z$11.5b | Z$1.0t | Z$80.2b | 0.3x | 0.1x | 0.01x |
| Sat, 04 May 2024 | Z$10.4b | Z$2.3t | Z$382.6b | 0.03x | 0.03x | 0.004x |
| Mon, 01 Apr 2024 | Z$23.9t | Z$1.9t | Z$382.6b | 63.6x | 62.4x | 12.7x |
| Wed, 28 Feb 2024 | Z$12.0t | Z$1.9t | Z$383.0b | 29.6x | 31.4x | 6.4x |
| Fri, 26 Jan 2024 | Z$12.3t | Z$1.5t | Z$348.2b | 31.2x | 35.4x | 8.1x |
| Sun, 24 Dec 2023 | Z$5.1t | Z$1.5t | Z$348.2b | 30.9x | 14.8x | 3.4x |
| Tue, 21 Nov 2023 | Z$985.7b | Z$413.7b | Z$13.1b | 41.8x | 75x | 2.4x |
| Thu, 19 Oct 2023 | Z$1.0t | Z$305.6b | Z$13.4b | 41.8x | 75.6x | 3.3x |
| Sat, 16 Sep 2023 | Z$965.5b | Z$305.0b | Z$13.0b | 31.2x | 74.4x | 3.2x |
| Mon, 14 Aug 2023 | Z$842.3b | Z$305.0b | Z$13.0b | 25.1x | 64.9x | 2.8x |
| Wed, 12 Jul 2023 | Z$973.9b | Z$305.0b | Z$13.0b | 26.2x | 75x | 3.2x |
| Fri, 09 Jun 2023 | Z$866.8b | Z$288.8b | Z$10.8b | 22.8x | 80.3x | 3x |
| Sun, 07 May 2023 | Z$523.9b | Z$235.2b | Z$17.9b | 48x | 29.2x | 2.2x |
| Tue, 04 Apr 2023 | Z$469.1b | Z$226.8b | Z$17.6b | 30.9x | 26.6x | 2.1x |
| Thu, 02 Mar 2023 | Z$455.7b | Z$226.8b | Z$17.6b | 30.9x | 25.9x | 2x |
| Sat, 28 Jan 2023 | Z$371.3b | Z$185.8b | Z$15.3b | 30.6x | 24.2x | 2x |
| Mon, 26 Dec 2022 | Z$331.1b | Z$186.2b | Z$13.2b | 24.2x | 25x | 1.8x |
| Wed, 23 Nov 2022 | Z$280.3b | Z$186.2b | Z$13.2b | 20.7x | 21.2x | 1.5x |
| Fri, 21 Oct 2022 | Z$301.7b | Z$186.2b | Z$13.2b | 21.9x | 22.8x | 1.6x |
| Sun, 18 Sep 2022 | Z$178.5b | Z$85.2b | Z$5.7b | 22x | 31.2x | 2.1x |
| Tue, 16 Aug 2022 | Z$291.5b | Z$85.2b | Z$5.7b | 36.9x | 51x | 3.4x |
| Thu, 14 Jul 2022 | Z$307.9b | Z$74.7b | Z$6.2b | 40.3x | 49.4x | 4.1x |
| Sat, 11 Jun 2022 | Z$574.9b | Z$74.7b | Z$6.2b | 77.1x | 92.3x | 7.7x |
| Mon, 09 May 2022 | Z$713.5b | Z$71.7b | Z$6.6b | 107.1x | 108.6x | 10x |
| Wed, 06 Apr 2022 | Z$415.3b | Z$71.4b | Z$6.5b | 49.2x | 64.2x | 5.8x |
| Fri, 04 Mar 2022 | Z$340.9b | Z$63.5b | Z$5.0b | 48.6x | 68.1x | 5.4x |
| Sun, 30 Jan 2022 | Z$270.4b | Z$57.9b | Z$427.1m | 60.1x | 633x | 4.7x |
| Tue, 28 Dec 2021 | Z$170.5b | Z$58.3b | Z$556.4m | 45.5x | 306.5x | 2.9x |
| Thu, 25 Nov 2021 | Z$208.5b | Z$56.2b | -Z$1,312,207,602.00 | 47x | -158.9x | 3.7x |
| Sat, 23 Oct 2021 | Z$256.6b | Z$79.8b | -Z$963,996,087.00 | 51.6x | -266.2x | 3.2x |
| Mon, 20 Sep 2021 | Z$79.7b | Z$53.1b | -Z$1,857,272,244.00 | 38.9x | -42.9x | 1.5x |
| Wed, 18 Aug 2021 | Z$94.0b | Z$81.4b | Z$1.7b | 32.9x | 54.1x | 1.2x |
Price to Earnings Ratio
55.2x
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 0.18x which is lower than its 3-year average PE of 56.2x.
Past Earnings Growth
- The earnings for Zimbabwean listed companies have grown 259% per year over the last three years.
- Revenues for these companies have grown 132% 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 | 10.84% | |
| Materials | 96.53% | |
| Financials | 76.72% | |
| Consumer Staples | 5.54% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Consumer Discretionary | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Telecom | 0% | |
| Utilities | 0% | |
| Industrials | -1.77% | |
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 145x.
- 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 | |
|---|---|---|---|---|---|---|
| DLTA Delta | Z$10.27 | 5.5% +Z$688.9m | -99.6% | PE0.4x | Consumer Staples | |
| EHZL EcoCash Holdings Zimbabwe | Z$0.36 | 76.7% +Z$410.5m | -99.8% | PS0.005x | Financials | |
| NPKZ Nampak Zimbabwe | Z$1.00 | 96.5% +Z$372.0m | -99.2% | PE0.01x | Materials |
