Botswanan (BSE) Market Analysis & Valuation
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies24
- 7D0.08%
- 3M7.3%
- 1Y18.5%
- YTD15.9%
The market has stayed flat over the 7 days. More promisingly, the market is up 18% over the past year. Looking forward, earnings are forecast to grow by 13% annually.
Market Valuation and Performance
Has the Botswanan Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | P49.3b | P38.5b | P5.3b | 9.2x | 9.3x | 1.3x |
| Thu, 28 Sep 2023 | P48.7b | P38.1b | P5.5b | 9x | 8.8x | 1.3x |
| Sat, 26 Aug 2023 | P47.4b | P36.7b | P4.9b | 9.5x | 9.7x | 1.3x |
| Mon, 24 Jul 2023 | P45.2b | P36.7b | P4.9b | 9.1x | 9.2x | 1.2x |
| Wed, 21 Jun 2023 | P44.7b | P36.3b | P4.9b | 9.2x | 9.2x | 1.2x |
| Fri, 19 May 2023 | P43.4b | P35.0b | P4.8b | 9.5x | 9x | 1.2x |
| Sun, 16 Apr 2023 | P43.1b | P35.1b | P4.9b | 9.1x | 8.8x | 1.2x |
| Tue, 14 Mar 2023 | P42.5b | P32.1b | P5.0b | 9.5x | 8.5x | 1.3x |
| Thu, 09 Feb 2023 | P42.2b | P31.6b | P5.0b | 9.9x | 8.5x | 1.3x |
| Sat, 07 Jan 2023 | P41.4b | P31.8b | P5.0b | 9.5x | 8.3x | 1.3x |
| Mon, 05 Dec 2022 | P40.8b | P31.7b | P5.0b | 9.3x | 8.1x | 1.3x |
| Wed, 02 Nov 2022 | P40.6b | P31.5b | P4.9b | 9.2x | 8.3x | 1.3x |
| Fri, 30 Sep 2022 | P39.7b | P31.3b | P4.8b | 9.5x | 8.3x | 1.3x |
| Sun, 28 Aug 2022 | P39.3b | P29.7b | P4.5b | 10.3x | 8.7x | 1.3x |
| Tue, 26 Jul 2022 | P38.6b | P29.7b | P4.5b | 10.3x | 8.6x | 1.3x |
| Thu, 23 Jun 2022 | P38.5b | P29.9b | P4.5b | 9.6x | 8.5x | 1.3x |
| Sat, 21 May 2022 | P38.6b | P29.8b | P4.5b | 10.5x | 8.6x | 1.3x |
| Mon, 18 Apr 2022 | P38.5b | P29.9b | P4.5b | 9.9x | 8.6x | 1.3x |
| Wed, 16 Mar 2022 | P38.3b | P29.3b | P3.7b | 11.2x | 10.3x | 1.3x |
| Fri, 11 Feb 2022 | P37.8b | P29.0b | P3.6b | 11.2x | 10.4x | 1.3x |
| Sun, 09 Jan 2022 | P37.5b | P28.3b | P3.6b | 10.9x | 10.3x | 1.3x |
| Tue, 07 Dec 2021 | P36.5b | P28.2b | P3.6b | 10.8x | 10.1x | 1.3x |
| Thu, 04 Nov 2021 | P36.1b | P28.2b | P3.6b | 10.5x | 10.1x | 1.3x |
| Sat, 02 Oct 2021 | P36.0b | P28.3b | P3.5b | 10.1x | 10.3x | 1.3x |
| Mon, 30 Aug 2021 | P35.1b | P28.3b | P3.4b | 11x | 10.3x | 1.2x |
| Tue, 06 Jul 2021 | P34.4b | P28.3b | P3.4b | 10.7x | 10.1x | 1.2x |
| Fri, 09 Apr 2021 | P34.0b | P27.8b | P3.3b | 10.6x | 10.3x | 1.2x |
| Thu, 31 Dec 2020 | P35.9b | P27.4b | P3.3b | 10.6x | 11x | 1.3x |
Price to Earnings Ratio
10.4x
Current Market PE
- Investors are relatively neutral on the Batswana market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 9.5x.
Past Earnings Growth
- The earnings for Batswana listed companies have grown 16% per year over the last three years.
- Revenues for these companies have grown 12% 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 Botswanan Market?
| BW Market | 0.081% | |
| Financials | 0.12% | |
| Real Estate | 0.079% | |
| Energy | 0% | |
| Materials | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | 0% | |
| Consumer Staples | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Telecom | 0% | |
| Utilities | 0% | |
Sector PE
- Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 16.4x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 31% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| FNBB First National Bank of Botswana | P4.18 | 0.2% +P25.4m | 27.4% | PB2.9x | Financials | |
| ABSA Absa Bank Botswana | P6.28 | 0.2% +P8.5m | 24.4% | PB1.8x | Financials | |
| LETLOLE Letlole La Rona | P2.60 | 1.2% +P8.4m | -16.1% | PE6.4x | Real Estate |
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