Jordanian (Amman SE) Market Analysis & Valuation
UpdatedJun 04, 2024
DataAggregated Company Financials
Companies153
- 7D2.0%
- 3M-1.2%
- 1Y-4.8%
- YTD-0.5%
The market has climbed 2.0% in the last 7 days, lead by the Financials sector with a gain of 2.5%. Longer term the market is actually down 4.8% over the past year. Looking forward, earnings are forecast to grow by 5.5% annually.
Market Valuation and Performance
Has the Jordanian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Jun 2024 | د.أ16.7b | د.أ12.2b | د.أ2.1b | 13.6x | 8x | 1.4x |
| Thu, 02 May 2024 | د.أ16.1b | د.أ12.2b | د.أ2.2b | 13.5x | 7.5x | 1.3x |
| Sat, 30 Mar 2024 | د.أ16.9b | د.أ12.3b | د.أ2.2b | 13x | 7.7x | 1.4x |
| Mon, 26 Feb 2024 | د.أ16.8b | د.أ12.3b | د.أ2.2b | 13.1x | 7.7x | 1.4x |
| Wed, 24 Jan 2024 | د.أ17.2b | د.أ12.2b | د.أ2.1b | 13.9x | 8.1x | 1.4x |
| Fri, 22 Dec 2023 | د.أ17.0b | د.أ12.2b | د.أ2.1b | 13.4x | 7.9x | 1.4x |
| Sun, 19 Nov 2023 | د.أ16.7b | د.أ12.2b | د.أ2.1b | 13x | 7.8x | 1.4x |
| Tue, 17 Oct 2023 | د.أ16.9b | د.أ12.3b | د.أ2.3b | 12.4x | 7.4x | 1.4x |
| Thu, 14 Sep 2023 | د.أ16.8b | د.أ12.3b | د.أ2.3b | 12.9x | 7.3x | 1.4x |
| Sat, 12 Aug 2023 | د.أ17.2b | د.أ12.3b | د.أ2.3b | 12x | 7.5x | 1.4x |
| Mon, 10 Jul 2023 | د.أ17.0b | د.أ12.5b | د.أ2.4b | 12.4x | 7x | 1.4x |
| Wed, 07 Jun 2023 | د.أ17.8b | د.أ12.5b | د.أ2.4b | 12x | 7.3x | 1.4x |
| Fri, 05 May 2023 | د.أ17.5b | د.أ12.4b | د.أ2.5b | 11.8x | 7.1x | 1.4x |
| Sun, 02 Apr 2023 | د.أ18.9b | د.أ12.3b | د.أ2.5b | 13.1x | 7.5x | 1.5x |
| Tue, 28 Feb 2023 | د.أ19.5b | د.أ12.3b | د.أ2.5b | 13.3x | 7.9x | 1.6x |
| Thu, 26 Jan 2023 | د.أ19.6b | د.أ11.8b | د.أ2.4b | 12.5x | 8.2x | 1.7x |
| Sat, 24 Dec 2022 | د.أ17.8b | د.أ11.7b | د.أ2.4b | 12x | 7.5x | 1.5x |
| Mon, 21 Nov 2022 | د.أ17.9b | د.أ11.6b | د.أ2.4b | 11.6x | 7.5x | 1.5x |
| Wed, 19 Oct 2022 | د.أ18.2b | د.أ10.5b | د.أ1.8b | 14.2x | 10.1x | 1.7x |
| Fri, 16 Sep 2022 | د.أ18.4b | د.أ10.5b | د.أ1.8b | 13.9x | 10.2x | 1.8x |
| Sun, 14 Aug 2022 | د.أ18.7b | د.أ10.2b | د.أ1.8b | 13.8x | 10.7x | 1.8x |
| Tue, 12 Jul 2022 | د.أ19.1b | د.أ9.8b | د.أ1.6b | 13.7x | 11.9x | 1.9x |
| Thu, 09 Jun 2022 | د.أ18.4b | د.أ9.7b | د.أ1.6b | 13.7x | 11.6x | 1.9x |
| Sat, 07 May 2022 | د.أ17.8b | د.أ9.5b | د.أ1.5b | 14.3x | 12x | 1.9x |
| Mon, 04 Apr 2022 | د.أ16.3b | د.أ9.1b | د.أ1.3b | 13.9x | 12.3x | 1.8x |
| Wed, 02 Mar 2022 | د.أ15.5b | د.أ9.0b | د.أ1.3b | 13.5x | 12.2x | 1.7x |
| Fri, 28 Jan 2022 | د.أ15.8b | د.أ8.7b | د.أ1.1b | 13.7x | 14.4x | 1.8x |
| Sun, 26 Dec 2021 | د.أ15.0b | د.أ8.6b | د.أ1.1b | 13.4x | 14x | 1.7x |
| Tue, 23 Nov 2021 | د.أ15.1b | د.أ8.5b | د.أ977.4m | 13.7x | 15.5x | 1.8x |
| Thu, 21 Oct 2021 | د.أ15.4b | د.أ8.1b | د.أ908.5m | 13.7x | 16.9x | 1.9x |
| Sat, 18 Sep 2021 | د.أ15.2b | د.أ8.1b | د.أ911.0m | 13.5x | 16.7x | 1.9x |
| Mon, 16 Aug 2021 | د.أ14.8b | د.أ8.2b | د.أ876.7m | 13.5x | 16.8x | 1.8x |
Price to Earnings Ratio
18.1x
Current Market PE
- Investors are pessimistic on the Jordanian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 8.0x which is lower than its 3-year average PE of 10.3x.
Past Earnings Growth
- The earnings for Jordanian listed companies have grown 33% per year over the last three years.
- Revenues for these companies have grown 14% 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 Jordanian Market?
| JO Market | 2.02% | |
| Utilities | 4.30% | |
| Financials | 2.51% | |
| Energy | 2.51% | |
| Materials | 1.97% | |
| Consumer Staples | 1.02% | |
| Industrials | 0.38% | |
| Consumer Discretionary | 0.33% | |
| Real Estate | 0.16% | |
| Tech | 0% | |
| Healthcare | -0.30% | |
| Telecom | -1.05% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth which is trading above its 3-year average PE ratio.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 8.5% over the next 5 years.
- This is better than its past earnings decline of 17% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 5.1% 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 | |
|---|---|---|---|---|---|---|
| SIBK Safwa Islamic Bank | د.أ1.93 | 98.4% +د.أ210.6m | 130.8% | PB2.2x | Financials | |
| APOT Arab Potash | د.أ25.47 | 3.0% +د.أ60.8m | -24.5% | PE9.2x | Materials | |
| JOPH Jordan Phosphate Mines | د.أ11.25 | 1.5% +د.أ42.1m | -9.6% | PE6.4x | Materials | |
| ARBK Arab Bank Group | د.أ4.39 | 0.5% +د.أ12.8m | -0.5% | PB0.4x | Financials | |
| JOPT Jordan Petroleum Refinery | د.أ4.91 | 2.5% +د.أ12.0m | -9.4% | PE6.1x | Energy |
