Egyptian (OMX) Market Analysis & Valuation
UpdatedJun 04, 2024
DataAggregated Company Financials
Companies204
- 7D-2.0%
- 3M-15.6%
- 1Y50.6%
- YTD0.2%
Over the last 7 days, the market has dropped 2.0%, driven by a decline of 5.2% in the Materials sector. In the last year, the market is actually up 51%. Earnings are forecast to grow by 16% annually.
Market Valuation and Performance
Has the Egyptian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Jun 2024 | ج.م1.6t | ج.م1.2t | ج.م200.4b | 8.9x | 7.9x | 1.3x |
| Thu, 02 May 2024 | ج.م1.5t | ج.م1.2t | ج.م186.7b | 8.6x | 8.1x | 1.3x |
| Sat, 30 Mar 2024 | ج.م1.6t | ج.م1.2t | ج.م176.1b | 10x | 9.3x | 1.4x |
| Mon, 26 Feb 2024 | ج.م1.9t | ج.م1.1t | ج.م167.9b | 14x | 11.3x | 1.7x |
| Wed, 24 Jan 2024 | ج.م1.8t | ج.م1.1t | ج.م162.8b | 12.5x | 10.9x | 1.7x |
| Fri, 22 Dec 2023 | ج.م1.5t | ج.م1.1t | ج.م157.5b | 11.3x | 9.4x | 1.4x |
| Sun, 19 Nov 2023 | ج.م1.5t | ج.م1.0t | ج.م158.1b | 10.9x | 9.4x | 1.5x |
| Tue, 17 Oct 2023 | ج.م1.3t | ج.م973.1b | ج.م144.8b | 9.3x | 8.9x | 1.3x |
| Thu, 14 Sep 2023 | ج.م1.1t | ج.م966.7b | ج.م145.0b | 9.6x | 7.8x | 1.2x |
| Sat, 12 Aug 2023 | ج.م1.0t | ج.م926.6b | ج.م147.0b | 9.8x | 7.1x | 1.1x |
| Mon, 10 Jul 2023 | ج.م1.5t | ج.م873.6b | ج.م141.6b | 10.4x | 10.6x | 1.7x |
| Wed, 07 Jun 2023 | ج.م972.6b | ج.م1.5t | ج.م174.7b | 10.5x | 5.6x | 0.7x |
| Fri, 05 May 2023 | ج.م946.5b | ج.م815.8b | ج.م127.0b | 10.5x | 7.5x | 1.2x |
| Sun, 02 Apr 2023 | ج.م877.0b | ج.م802.6b | ج.م125.3b | 9.4x | 7x | 1.1x |
| Tue, 28 Feb 2023 | ج.م920.2b | ج.م782.8b | ج.م111.4b | 10.8x | 8.3x | 1.2x |
| Thu, 26 Jan 2023 | ج.م918.7b | ج.م768.3b | ج.م107.3b | 11.4x | 8.6x | 1.2x |
| Sat, 24 Dec 2022 | ج.م813.7b | ج.م764.5b | ج.م104.6b | 10.8x | 7.8x | 1.1x |
| Mon, 21 Nov 2022 | ج.م697.5b | ج.م664.9b | ج.م102.0b | 10x | 6.8x | 1x |
| Wed, 19 Oct 2022 | ج.م602.4b | ج.م650.0b | ج.م100.0b | 9.3x | 6x | 0.9x |
| Fri, 16 Sep 2022 | ج.م584.2b | ج.م642.9b | ج.م97.2b | 9.3x | 6x | 0.9x |
| Sun, 14 Aug 2022 | ج.م562.3b | ج.م612.8b | ج.م92.1b | 9.4x | 6.1x | 0.9x |
| Tue, 12 Jul 2022 | ج.م490.7b | ج.م605.6b | ج.م89.1b | 8.2x | 5.5x | 0.8x |
| Thu, 09 Jun 2022 | ج.م549.0b | ج.م589.2b | ج.م84.9b | 8.8x | 6.5x | 0.9x |
| Sat, 07 May 2022 | ج.م597.8b | ج.م570.2b | ج.م83.6b | 10.1x | 7.2x | 1x |
| Mon, 04 Apr 2022 | ج.م623.5b | ج.م566.2b | ج.م81.9b | 10.3x | 7.6x | 1.1x |
| Wed, 02 Mar 2022 | ج.م605.0b | ج.م500.7b | ج.م77.7b | 9.6x | 7.8x | 1.2x |
| Fri, 28 Jan 2022 | ج.م626.6b | ج.م493.5b | ج.م74.6b | 10.9x | 8.4x | 1.3x |
| Sun, 26 Dec 2021 | ج.م638.0b | ج.م491.9b | ج.م74.1b | 10.9x | 8.6x | 1.3x |
| Tue, 23 Nov 2021 | ج.م595.1b | ج.م478.1b | ج.م72.2b | 10.4x | 8.2x | 1.2x |
| Thu, 21 Oct 2021 | ج.م623.7b | ج.م466.0b | ج.م70.0b | 11.6x | 8.9x | 1.3x |
| Sat, 18 Sep 2021 | ج.م620.6b | ج.م459.6b | ج.م67.3b | 12.3x | 9.2x | 1.4x |
| Mon, 16 Aug 2021 | ج.م624.4b | ج.م462.9b | ج.م67.2b | 12.9x | 9.3x | 1.3x |
Price to Earnings Ratio
8.5x
Current Market PE
- Investors are relatively neutral on the Egyptian 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 8.0x.
Past Earnings Growth
- The earnings for Egyptian listed companies have grown 44% per year over the last three years.
- Revenues for these companies have grown 38% 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 Egyptian Market?
| EG Market | -2.02% | |
| Industrials | 1.59% | |
| Energy | 0% | |
| Tech | 0% | |
| Consumer Staples | -0.30% | |
| Consumer Discretionary | -0.31% | |
| Financials | -0.80% | |
| Telecom | -4.12% | |
| Real Estate | -4.37% | |
| Healthcare | -4.76% | |
| Materials | -5.16% | |
| Utilities | -5.80% | |
Sector PE
- Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 18.7x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 2.7x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 64% per year.
- In contrast, the Industrials sector is expected to see its earnings grow by 7.9% 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 | Sector | |
|---|---|---|---|---|---|---|
| SWDY El Sewedy Electric | ج.م46.15 | 5.3% +ج.م5.0b | 151.8% | PE10.8x | Industrials | |
| EAST Eastern CompanyE | ج.م26.40 | 3.2% +ج.م1.8b | 45.5% | PE10.2x | Consumer Staples | |
| HELI Heliopolis for Housing & Development | ج.م11.15 | 8.8% +ج.م1.2b | 6.6% | PE1.9x | Real Estate | |
| HRHO EFG Holding | ج.م17.02 | 4.7% +ج.م1.1b | 7.4% | PE7.2x | Financials | |
| AMOC Alexandria Mineral Oils | ج.م9.35 | 5.5% +ج.م632.8m | 14.4% | PE10.8x | Materials |
