Namibian (NSX) Financials Sector Analysis

Sector Valuation and Performance

Has the Namibian Financials Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 30 Oct 2023	N$30.1b	N$12.6b	N$3.8b	8.8x	8x	2.4x
Wed, 27 Sep 2023	N$30.0b	N$13.1b	N$3.9b	8.2x	7.7x	2.3x
Fri, 25 Aug 2023	N$28.9b	N$12.4b	N$3.6b	8.6x	8x	2.3x
Sun, 23 Jul 2023	N$27.9b	N$12.2b	N$3.5b	7.6x	8x	2.3x
Tue, 20 Jun 2023	N$24.8b	N$12.2b	N$3.4b	6.7x	7.2x	2x
Thu, 18 May 2023	N$25.6b	N$12.1b	N$3.7b	7x	7x	2.1x
Sat, 15 Apr 2023	N$24.8b	N$12.1b	N$3.7b	6.8x	6.8x	2.1x
Mon, 13 Mar 2023	N$22.1b	N$11.5b	N$3.2b	6.6x	6.9x	1.9x
Wed, 08 Feb 2023	N$21.6b	N$11.1b	N$3.0b	6.8x	7.3x	1.9x
Fri, 06 Jan 2023	N$20.7b	N$11.1b	N$3.0b	6.6x	7x	1.9x
Sun, 04 Dec 2022	N$20.4b	N$11.1b	N$3.0b	6.5x	6.9x	1.8x
Tue, 01 Nov 2022	N$20.6b	N$11.4b	N$3.0b	6.3x	6.9x	1.8x
Thu, 29 Sep 2022	N$20.0b	N$11.3b	N$2.9b	6.2x	6.8x	1.8x
Sat, 27 Aug 2022	N$19.2b	N$10.7b	N$2.7b	6.7x	7.2x	1.8x
Mon, 25 Jul 2022	N$19.1b	N$10.8b	N$2.9b	6.1x	6.6x	1.8x
Wed, 22 Jun 2022	N$21.0b	N$10.9b	N$2.0b	6.2x	10.3x	1.9x
Fri, 20 May 2022	N$21.3b	N$10.9b	N$2.0b	6.2x	10.4x	1.9x
Sun, 17 Apr 2022	N$20.9b	N$10.8b	N$2.0b	6.4x	10.6x	1.9x
Tue, 15 Mar 2022	N$21.9b	N$10.7b	N$2.0b	7.2x	11.1x	2x
Thu, 10 Feb 2022	N$20.4b	N$10.5b	N$2.0b	6.9x	10.5x	1.9x
Sat, 08 Jan 2022	N$22.1b	N$10.3b	N$2.6b	7.2x	8.5x	2.1x
Mon, 06 Dec 2021	N$21.7b	N$10.3b	N$2.6b	7.2x	8.3x	2.1x
Wed, 03 Nov 2021	N$23.2b	N$10.4b	N$2.6b	6.9x	8.9x	2.2x
Fri, 01 Oct 2021	N$22.9b	N$10.4b	N$2.6b	6.8x	8.8x	2.2x
Sun, 29 Aug 2021	N$22.4b	N$10.3b	N$2.5b	7.1x	8.9x	2.2x
Mon, 05 Jul 2021	N$22.1b	N$10.3b	N$2.5b	6.7x	8.8x	2.1x
Thu, 08 Apr 2021	N$23.2b	N$9.9b	N$2.3b	6.6x	9.9x	2.3x
Sun, 10 Jan 2021	N$24.5b	N$9.8b	N$1.8b	8x	13.8x	2.5x

Current Industry PE

Investors are pessimistic on the Namibian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 8.0x which is lower than its 3-year average PE of 8.9x.

The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.4x.

Past Earnings Growth

The earnings for companies in the Financials industry have grown 24% per year over the last three years.
Revenues for these companies have grown 7.6% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Namibian Financials sector?

Industry PE

Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 19.5x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

	Company	Last Price	7D	1Y	Valuation
	SNO SBN Holdings	R7.59	0.3% +R10.4m	72.5%	PB0.8x
	LHN Letshego Holdings (Namibia)	R3.90	0.3% +R5.0m	38.3%	PE5.8x

Company

Last Price

Valuation

SNO SBN Holdings

R7.59

0.3%
+R10.4m

72.5%

PB0.8x

LHN Letshego Holdings (Namibia)

R3.90

0.3%
+R5.0m

38.3%

PE5.8x

Jun 03

Sector Valuation and Performance