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Zimbabwean (ZSE) Market Analysis & Valuation

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies4
  • 7D7.8%
  • 3Mn/a
  • 1Yn/a
  • YTDn/a

The market has climbed by 7.8% over the past week, with every sector up and the Consumer Staples sector leading the way.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024Z$12.6bZ$1.0tZ$80.2b0.4x0.2x0.01x
Fri, 17 May 2024Z$9.9bZ$2.3tZ$382.6b0.03x0.03x0.004x
Sun, 14 Apr 2024Z$24.7tZ$1.9tZ$382.6b64.9x64.6x13.1x
Tue, 12 Mar 2024Z$13.5tZ$1.9tZ$383.0b33.8x35.4x7.2x
Thu, 08 Feb 2024Z$13.8tZ$1.4tZ$336.2b78.9x41.1x10x
Sat, 06 Jan 2024Z$7.5tZ$1.5tZ$348.2b30.9x21.7x4.9x
Mon, 04 Dec 2023Z$5.5tZ$1.5tZ$348.2b30.9x15.7x3.6x
Wed, 01 Nov 2023Z$1.0tZ$305.6bZ$13.4b41.8x76.7x3.4x
Fri, 29 Sep 2023Z$894.3bZ$305.6bZ$13.4b31.2x66.8x2.9x
Sun, 27 Aug 2023Z$851.8bZ$305.0bZ$13.0b27x65.6x2.8x
Tue, 25 Jul 2023Z$763.0bZ$305.0bZ$13.0b24.5x58.8x2.5x
Thu, 22 Jun 2023Z$888.2bZ$288.8bZ$10.8b23.4x82.3x3.1x
Sat, 20 May 2023Z$742.5bZ$235.2bZ$17.9b76.2x41.4x3.2x
Mon, 17 Apr 2023Z$399.0bZ$226.8bZ$17.6b30.9x22.6x1.8x
Wed, 15 Mar 2023Z$457.9bZ$226.8bZ$17.6b30.9x26x2x
Fri, 10 Feb 2023Z$456.1bZ$226.8bZ$17.6b32.5x25.9x2x
Sun, 08 Jan 2023Z$384.5bZ$185.8bZ$15.3b25.6x25.1x2.1x
Tue, 06 Dec 2022Z$306.0bZ$186.2bZ$13.2b19.5x23.1x1.6x
Thu, 03 Nov 2022Z$327.3bZ$186.2bZ$13.2b21.5x24.7x1.8x
Sat, 01 Oct 2022Z$295.9bZ$85.8bZ$5.3b30.8x56x3.5x
Mon, 29 Aug 2022Z$258.1bZ$85.2bZ$5.7b33.8x45.2x3x
Wed, 27 Jul 2022Z$333.5bZ$85.2bZ$5.7b45.5x58.4x3.9x
Fri, 24 Jun 2022Z$458.7bZ$74.7bZ$6.2b69.4x73.6x6.1x
Sun, 22 May 2022Z$483.5bZ$71.7bZ$6.6b82.1x73.6x6.7x
Tue, 19 Apr 2022Z$592.5bZ$71.4bZ$6.5b56.9x91.6x8.3x
Thu, 17 Mar 2022Z$314.8bZ$63.5bZ$5.0b46.6x62.9x5x
Sat, 12 Feb 2022Z$332.4bZ$61.9bZ$4.8b69.2x69.1x5.4x
Mon, 10 Jan 2022Z$215.0bZ$57.9bZ$427.1m53.1x503.3x3.7x
Wed, 08 Dec 2021Z$191.7bZ$56.2b-Z$1,312,207,602.0041.4x-146.1x3.4x
Fri, 05 Nov 2021Z$225.0bZ$79.8b-Z$963,996,087.0051.4x-233.4x2.8x
Sun, 03 Oct 2021Z$95.9bZ$53.1b-Z$1,857,272,244.0043.3x-51.6x1.8x
Tue, 31 Aug 2021Z$88.1bZ$81.4bZ$1.7b28.6x50.7x1.1x
Wed, 07 Jul 2021Z$95.3bZ$81.4bZ$1.7b27.5x54.8x1.2x
Price to Earnings Ratio

54.8x


Total Market Cap: Z$95.3bTotal Earnings: Z$1.7bTotal Revenue: Z$81.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Zimbabwean Market Price to Earnings3Y Average 57.2x202220232024
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 0.16x which is lower than its 3-year average PE of 57.2x.
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 Market7.78%
Industrials78.91%
Financials10.08%
Consumer Staples7.25%
Materials4.11%
Energy0%
Real Estate0%
Consumer Discretionary0%
Healthcare0%
Tech0%
Telecom0%
Utilities0%
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 144x.
    • 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$9.117.3%
+Z$788.1m		-99.7%PE0.4xConsumer Staples
PROL ProplasticsZ$0.6378.9%
+Z$71.7m		-99.9%PE1xIndustrials
EHZL EcoCash Holdings ZimbabweZ$0.2110.1%
+Z$50.0m		-99.9%PS0.003xFinancials
NPKZ Nampak ZimbabweZ$0.434.1%
+Z$12.7m		-99.2%PE0.006xMaterials
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Latest News

DLTA

Z$9.11

Delta

7D

7.3%

1Y

-99.7%

EHZL

Z$0.21

EcoCash Holdings Zimbabwe

7D

10.1%

1Y

-99.9%

PROL

Z$0.63

Proplastics

7D

78.9%

1Y

-99.9%

NPKZ

Z$0.43

Nampak Zimbabwe

7D

4.1%

1Y

-99.2%