Header cover image

Ivorian (BRVM) Market Analysis & Valuation

UpdatedOct 31, 2023
DataAggregated Company Financials
Companies44
  • 7D0.4%
  • 3M0.7%
  • 1Y0.9%
  • YTD3.1%

In the last week, the market has been flat, with a notable exception in the Industrials sector dropping 5.8%. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 5.2% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023XOF7.3tXOF6.9tXOF810.0b7.2x9x1.1x
Thu, 28 Sep 2023XOF7.3tXOF7.0tXOF823.3b7.2x8.9x1x
Sat, 26 Aug 2023XOF7.1tXOF6.8tXOF797.6b6.9x8.9x1x
Mon, 24 Jul 2023XOF7.0tXOF6.5tXOF778.6b7x9.1x1.1x
Wed, 21 Jun 2023XOF6.8tXOF6.0tXOF780.3b6.6x8.7x1.1x
Fri, 19 May 2023XOF6.7tXOF5.9tXOF757.5b6.7x8.9x1.1x
Sun, 16 Apr 2023XOF7.0tXOF5.9tXOF773.0b7x9x1.2x
Tue, 14 Mar 2023XOF7.2tXOF6.3tXOF785.3b7.3x9.2x1.1x
Thu, 09 Feb 2023XOF7.0tXOF6.2tXOF762.0b7.2x9.2x1.1x
Sat, 07 Jan 2023XOF5.4tXOF6.2tXOF762.0b6.9x7.1x0.9x
Mon, 05 Dec 2022XOF5.2tXOF6.2tXOF768.3b7.1x6.8x0.8x
Wed, 02 Nov 2022XOF5.6tXOF6.2tXOF779.8b7.6x7.2x0.9x
Fri, 30 Sep 2022XOF5.6tXOF6.0tXOF760.8b8x7.4x0.9x
Sun, 28 Aug 2022XOF5.7tXOF6.0tXOF759.7b8x7.5x1x
Tue, 26 Jul 2022XOF5.7tXOF6.0tXOF760.3b8x7.5x1x
Thu, 23 Jun 2022XOF5.8tXOF5.9tXOF751.5b8.4x7.8x1x
Sat, 21 May 2022XOF5.7tXOF5.9tXOF753.5b7.9x7.6x1x
Mon, 18 Apr 2022XOF6.0tXOF5.4tXOF704.2b8.1x8.5x1.1x
Wed, 16 Mar 2022XOF5.9tXOF5.3tXOF671.5b8.4x8.8x1.1x
Fri, 11 Feb 2022XOF5.6tXOF5.3tXOF674.8b8.3x8.3x1x
Sun, 09 Jan 2022XOF5.5tXOF5.3tXOF676.3b7.7x8.1x1x
Tue, 07 Dec 2021XOF5.5tXOF5.3tXOF676.4b7.8x8.1x1x
Thu, 04 Nov 2021XOF5.4tXOF5.2tXOF653.0b8.2x8.3x1x
Sat, 02 Oct 2021XOF5.1tXOF5.1tXOF626.9b8.5x8.1x1x
Mon, 30 Aug 2021XOF4.8tXOF5.4tXOF607.6b7.3x7.9x0.9x
Tue, 06 Jul 2021XOF4.4tXOF5.4tXOF607.6b6.4x7.2x0.8x
Fri, 09 Apr 2021XOF4.0tXOF5.3tXOF577.5b6.6x6.9x0.7x
Thu, 31 Dec 2020XOF4.1tXOF5.3tXOF543.8b5.9x7.6x0.8x
Price to Earnings Ratio

6.9x


Total Market Cap: XOF3.6tTotal Earnings: XOF525.3bTotal Revenue: XOF5.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Ivorian Market Price to Earnings3Y Average 8x202120222023
Current Market PE
  • Investors are optimistic on the Ivorian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 9.0x which is higher than its 3-year average PE of 8.0x.
Past Earnings Growth
  • The earnings for Ivorian listed companies have grown 15% per year over the last three years.
  • Revenues for these companies have grown 8.6% 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 Ivorian Market?

CI Market0.41%
Financials1.42%
Telecom1.14%
Energy0.88%
Real Estate0%
Healthcare0%
Tech0%
Materials-0.64%
Consumer Staples-2.47%
Utilities-3.39%
Consumer Discretionary-4.64%
Industrials-7.59%
Sector PE
  • Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 9.3x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Consumer Staples sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 6.1x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 5.2% over the next 5 years.
  • However this is lower than its past earnings growth rate of 12% per year.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
ORAC Orange CIXOF10.75k1.3%
+XOF21.1b
n/an/aTelecom
ONTBF ONATEL-SAXOF2.30k13.6%
+XOF18.7b
-38.5%PE7xTelecom
CBIBF Coris Bank InternationalXOF9.10k4.7%
+XOF13.3b
2.5%PB1.3xFinancials
ECOC Ecobank CĂ´te d'IvoireXOF6.85k2.9%
+XOF10.7b
36.9%PB2.4xFinancials
SLBC Societe de Limonaderies et Brasseries d'AfriqueXOF90.00k5.9%
+XOF8.2b
-22.1%PE121.7xConsumer Staples
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

This week we’re checking in on China’s economy after some better than expected data and another round of stimulus...

Latest News

ECOC

XOF6,845.00

Ecobank CĂ´te d'Ivoire

7D

2.9%

1Y

36.9%

CFAC

XOF790.00

CFAO Motors Cote d'Ivoire

7D

-3.7%

1Y

-14.6%

BOAB

XOF6,500.00

Bank of Africa - Benin

7D

3.2%

1Y

8.2%

TTLC

XOF2,000.00

Total Cote d'Ivoire

7D

2.6%

1Y

-14.5%

BOABF

XOF6,740.00

Bank of Africa - Burkina Faso

7D

5.4%

1Y

24.8%

CIEC

XOF1,995.00

Compagnie Ivoirienne d'Électricité (CIE)

7D

-2.7%

1Y

-7.2%

PALC

XOF6,900.00

Palmci

7D

-5.7%

1Y

-36.7%

TTLS

XOF2,450.00

TotalEnergies Marketing Sénégal

7D

-7.5%

1Y

-2.0%

CBIBF

XOF9,100.00

Coris Bank International

7D

4.7%

1Y

2.5%

ONTBF

XOF2,300.00

ONATEL-SA

7D

13.6%

1Y

-38.5%

SLBC

XOF90,000.00

Societe de Limonaderies et Brasseries d'Afrique

7D

5.9%

1Y

-22.1%