Mauritian (SEMDEX) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies90
- 7D-0.3%
- 3M0.8%
- 1Y1.0%
- YTD2.4%
The market has been flat over the last week. In line with that, the market has also been flat over the past year. Earnings are forecast to grow by 21% annually.
Market Valuation and Performance
Has the Mauritian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | MU₨311.2b | MU₨370.7b | MU₨46.1b | 8.1x | 6.7x | 0.8x |
| Thu, 28 Sep 2023 | MU₨313.4b | MU₨362.1b | MU₨45.7b | 7.3x | 6.9x | 0.9x |
| Sat, 26 Aug 2023 | MU₨304.9b | MU₨361.2b | MU₨41.2b | 7.6x | 7.4x | 0.8x |
| Mon, 24 Jul 2023 | MU₨295.9b | MU₨352.2b | MU₨40.7b | 8.2x | 7.3x | 0.8x |
| Wed, 21 Jun 2023 | MU₨293.4b | MU₨353.5b | MU₨40.7b | 8.3x | 7.2x | 0.8x |
| Fri, 19 May 2023 | MU₨291.7b | MU₨341.0b | MU₨36.9b | 9.2x | 7.9x | 0.9x |
| Sun, 16 Apr 2023 | MU₨290.6b | MU₨342.2b | MU₨35.7b | 9.8x | 8.1x | 0.8x |
| Tue, 14 Mar 2023 | MU₨297.7b | MU₨342.3b | MU₨34.7b | 9.9x | 8.6x | 0.9x |
| Thu, 09 Feb 2023 | MU₨296.8b | MU₨329.7b | MU₨33.3b | 8.9x | 8.9x | 0.9x |
| Sat, 07 Jan 2023 | MU₨307.3b | MU₨329.1b | MU₨33.2b | 8.9x | 9.3x | 0.9x |
| Mon, 05 Dec 2022 | MU₨304.4b | MU₨328.2b | MU₨32.6b | 8.5x | 9.3x | 0.9x |
| Wed, 02 Nov 2022 | MU₨313.4b | MU₨299.6b | MU₨28.3b | 11.2x | 11.1x | 1x |
| Fri, 30 Sep 2022 | MU₨321.9b | MU₨285.0b | MU₨24.7b | 11.4x | 13x | 1.1x |
| Sun, 28 Aug 2022 | MU₨319.0b | MU₨287.6b | MU₨25.2b | 12.9x | 12.7x | 1.1x |
| Tue, 26 Jul 2022 | MU₨313.5b | MU₨275.2b | MU₨23.9b | 12.6x | 13.1x | 1.1x |
| Thu, 23 Jun 2022 | MU₨328.8b | MU₨275.2b | MU₨23.8b | 14.2x | 13.8x | 1.2x |
| Sat, 21 May 2022 | MU₨340.9b | MU₨258.6b | MU₨18.2b | 13.7x | 18.8x | 1.3x |
| Mon, 18 Apr 2022 | MU₨342.9b | MU₨245.5b | MU₨12.3b | 12.8x | 27.8x | 1.4x |
| Wed, 16 Mar 2022 | MU₨326.6b | MU₨244.4b | MU₨10.8b | 12.5x | 30.3x | 1.3x |
| Fri, 11 Feb 2022 | MU₨332.0b | MU₨231.2b | MU₨5.3b | 14.7x | 63x | 1.4x |
| Sun, 09 Jan 2022 | MU₨325.2b | MU₨230.3b | MU₨3.8b | 14.4x | 85.4x | 1.4x |
| Tue, 07 Dec 2021 | MU₨311.8b | MU₨225.3b | MU₨2.8b | 14x | 110.4x | 1.4x |
| Thu, 04 Nov 2021 | MU₨321.8b | MU₨218.7b | MU₨2.0b | 14.1x | 161.6x | 1.5x |
| Sat, 02 Oct 2021 | MU₨306.2b | MU₨213.2b | -MU₨3,460,631,691.00 | 14.6x | -88.5x | 1.4x |
| Mon, 30 Aug 2021 | MU₨297.1b | MU₨208.3b | -MU₨7,197,351,379.16 | 17.8x | -41.3x | 1.4x |
| Tue, 06 Jul 2021 | MU₨286.7b | MU₨208.3b | -MU₨7,197,351,379.16 | 17.4x | -39.8x | 1.4x |
| Fri, 09 Apr 2021 | MU₨244.0b | MU₨205.0b | -MU₨7,527,866,692.09 | 16.7x | -32.4x | 1.2x |
| Thu, 31 Dec 2020 | MU₨244.9b | MU₨211.8b | -MU₨8,702,211,922.37 | 15.3x | -28.1x | 1.2x |
Price to Earnings Ratio
-46.7x
Current Market PE
- Investors are optimistic on the Mauritian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 6.7x which is higher than its 3-year average PE of -256x.
Past Earnings Growth
- Total earnings for Mauritian listed companies have gone up over the last three years, and the market is now profitable.
- Revenues have grown 18% per year, driving the profits up.
Sector Trends
Which sectors have driven the changes within the Mauritian Market?
| MU Market | -0.30% | |
| Utilities | 1.15% | |
| Energy | 0.23% | |
| Materials | 0.17% | |
| Financials | 0.17% | |
| Tech | 0% | |
| Telecom | 0% | |
| Real Estate | -0.26% | |
| Healthcare | -0.32% | |
| Industrials | -0.68% | |
| Consumer Staples | -2.53% | |
| Consumer Discretionary | -2.84% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 31.2x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Consumer Discretionary sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 21% over the next 5 years.
- However this is lower than its past earnings growth rate of 47% 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 | |
|---|---|---|---|---|---|---|
| MCBG.N0000 MCB Group | MU₨327.50 | 1.7% +MU₨1.4b | 2.3% | PB0.9x | Financials | |
| UNSE.I0000 Union Sugar Estates | MU₨105.00 | 5.0% +MU₨94.5m | 401.2% | PE16.2x | Consumer Staples | |
| SBMH.N0000 SBM Holdings | MU₨4.54 | 0.7% +MU₨77.5m | 9.1% | PB0.4x | Financials | |
| MASC.I0000 C-Care (Mauritius) | MU₨11.25 | 0.4% +MU₨28.5m | -10.7% | PE19.9x | Healthcare | |
| UTIN.I0000 United Investments | MU₨5.12 | 2.4% +MU₨24.5m | 2.4% | n/a | Financials |
Market Insights
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