Egyptian (OMX) Financials Sector Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies44
- 7D-0.3%
- 3M-11.8%
- 1Y30.0%
- YTD-0.5%
Over the last 7 days, the Financials industry has dropped 2.2%, driven by QNB AlahliE declining 6.2%. Over the past 12 months, the industry was up 27%. Earnings are forecast to grow by 17% annually.
Sector Valuation and Performance
Has the Egyptian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | ج.م525.1b | ج.م316.1b | ج.م83.8b | 7.4x | 6.3x | 1.7x |
| Sun, 14 Apr 2024 | ج.م569.5b | ج.م302.7b | ج.م72.6b | 8x | 7.8x | 1.9x |
| Tue, 12 Mar 2024 | ج.م661.8b | ج.م298.2b | ج.م72.0b | 8.3x | 9.2x | 2.2x |
| Thu, 08 Feb 2024 | ج.م575.2b | ج.م288.1b | ج.م64.4b | 9.2x | 8.9x | 2x |
| Sat, 06 Jan 2024 | ج.م524.2b | ج.م275.5b | ج.م62.8b | 9.9x | 8.3x | 1.9x |
| Mon, 04 Dec 2023 | ج.م512.8b | ج.م272.3b | ج.م60.6b | 9.6x | 8.5x | 1.9x |
| Wed, 01 Nov 2023 | ج.م443.6b | ج.م247.2b | ج.م51.8b | 9x | 8.6x | 1.8x |
| Fri, 29 Sep 2023 | ج.م417.2b | ج.م244.5b | ج.م50.7b | 8.8x | 8.2x | 1.7x |
| Sun, 27 Aug 2023 | ج.م391.4b | ج.م243.1b | ج.م51.1b | 8.7x | 7.7x | 1.6x |
| Tue, 25 Jul 2023 | ج.م374.2b | ج.م232.7b | ج.م47.4b | 11x | 7.9x | 1.6x |
| Thu, 22 Jun 2023 | ج.م371.9b | ج.م213.1b | ج.م42.2b | 11x | 8.8x | 1.7x |
| Sat, 20 May 2023 | ج.م348.2b | ج.م208.1b | ج.م40.3b | 9.8x | 8.6x | 1.7x |
| Mon, 17 Apr 2023 | ج.م359.7b | ج.م188.6b | ج.م38.6b | 10.7x | 9.3x | 1.9x |
| Wed, 15 Mar 2023 | ج.م281.3b | ج.م181.6b | ج.م35.3b | 9.3x | 8x | 1.5x |
| Fri, 10 Feb 2023 | ج.م323.3b | ج.م176.3b | ج.م33.9b | 10.8x | 9.5x | 1.8x |
| Sun, 08 Jan 2023 | ج.م271.8b | ج.م174.2b | ج.م32.6b | 9.9x | 8.3x | 1.6x |
| Tue, 06 Dec 2022 | ج.م252.0b | ج.م90.0b | ج.م33.8b | 8.3x | 7.5x | 2.8x |
| Thu, 03 Nov 2022 | ج.م195.1b | ج.م86.1b | ج.م33.0b | 7x | 5.9x | 2.3x |
| Sat, 01 Oct 2022 | ج.م171.8b | ج.م84.5b | ج.م32.3b | 6.7x | 5.3x | 2x |
| Mon, 29 Aug 2022 | ج.م176.1b | ج.م85.2b | ج.م32.3b | 5.7x | 5.4x | 2.1x |
| Wed, 27 Jul 2022 | ج.م162.7b | ج.م82.3b | ج.م31.3b | 6x | 5.2x | 2x |
| Fri, 24 Jun 2022 | ج.م164.0b | ج.م82.0b | ج.م31.2b | 6.3x | 5.3x | 2x |
| Sun, 22 May 2022 | ج.م179.4b | ج.م81.6b | ج.م30.9b | 6.4x | 5.8x | 2.2x |
| Tue, 19 Apr 2022 | ج.م188.2b | ج.م81.6b | ج.م30.9b | 6.7x | 6.1x | 2.3x |
| Thu, 17 Mar 2022 | ج.م195.8b | ج.م81.4b | ج.م30.8b | 6.8x | 6.4x | 2.4x |
| Sat, 12 Feb 2022 | ج.م220.2b | ج.م86.4b | ج.م30.9b | 7.6x | 7.1x | 2.5x |
| Mon, 10 Jan 2022 | ج.م223.2b | ج.م86.1b | ج.م31.0b | 7.7x | 7.2x | 2.6x |
| Wed, 08 Dec 2021 | ج.م209.0b | ج.م86.0b | ج.م31.1b | 7.3x | 6.7x | 2.4x |
| Fri, 05 Nov 2021 | ج.م210.3b | ج.م84.4b | ج.م29.7b | 7.4x | 7.1x | 2.5x |
| Sun, 03 Oct 2021 | ج.م194.9b | ج.م84.1b | ج.م29.6b | 7.9x | 6.6x | 2.3x |
| Tue, 31 Aug 2021 | ج.م205.9b | ج.م84.0b | ج.م29.7b | 8.2x | 6.9x | 2.5x |
| Wed, 07 Jul 2021 | ج.م180.6b | ج.م84.0b | ج.م29.7b | 7x | 6.1x | 2.1x |
Price to Earnings Ratio
6.4x
Current Industry PE
- Investors are pessimistic on the Egyptian 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 6.2x which is lower than its 3-year average PE of 7.3x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 43% per year over the last three years.
- Revenues for these companies have grown 57% 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 Egyptian Financials sector?
| EG Market | -0.34% | |
| Financials | -0.29% | |
| Diversified Financial | 2.06% | |
| Banks | 0.063% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | 0% | |
| Consumer Finance | -3.38% | |
| Capital Markets | -3.51% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry, which is trading close to its 3-year average PE ratio of 12.3x.
- Analysts are expecting annual earnings growth of 29.3%, which is lower than the prior year's growth of 55.5% per year.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 6.2x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 55% per year.
- In contrast, the Capital Markets industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| COMI Commercial International Bank (Egypt)E | ج.م75.11 | 2.4% +ج.م5.4b | 47.0% | PB2.2x | |
| EFIH e-finance for Digital and Financial InvestmentsE | ج.م24.99 | 2.8% +ج.م1.3b | 43.9% | PE41.4x | |
| ADIB Abu Dhabi Islamic Bank - Egypt -E | ج.م39.00 | 5.3% +ج.م975.0m | 72.1% | PB1.2x | |
| FWRY Fawry for Banking Technology and Electronic PaymentsE | ج.م6.20 | 2.1% +ج.م442.8m | 13.1% | PE26.2x | |
| EXPA Export Development Bank of Egypt (S.A.E.) | ج.م19.67 | 1.9% +ج.م267.9m | 72.0% | PE4.3x |