Header cover image

Egyptian (OMX) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies203
  • 7D-13.1%
  • 3M10.6%
  • 1Y86.0%
  • YTD7.3%

Over the last 7 days, the market has dropped 13%, driven by a pullback of 12% in the Financials sector. As for the longer term, the market has actually risen by 86% in the last year. Looking forward, earnings are forecast to grow by 15% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024ج.م1.8tج.م1.1tج.م175.1b10x10.3x1.6x
Thu, 15 Feb 2024ج.م1.8tج.م1.1tج.م172.1b12.7x10.7x1.7x
Sat, 13 Jan 2024ج.م1.6tج.م1.1tج.م161.6b11.8x9.8x1.5x
Mon, 11 Dec 2023ج.م1.5tج.م1.0tج.م157.2b11.6x9.4x1.4x
Wed, 08 Nov 2023ج.م1.4tج.م984.7bج.م150.2b10.9x9.4x1.4x
Fri, 06 Oct 2023ج.م1.2tج.م965.7bج.م144.6b9.6x8.1x1.2x
Sun, 03 Sep 2023ج.م1.1tج.م962.4bج.م144.2b9.8x7.7x1.2x
Tue, 01 Aug 2023ج.م1.0tج.م909.8bج.م145.3b10.2x7x1.1x
Thu, 29 Jun 2023ج.م1.0tج.م876.7bج.م141.8b10.4x7.1x1.1x
Sat, 27 May 2023ج.م946.2bج.م842.9bج.م131.7b10x7.2x1.1x
Mon, 24 Apr 2023ج.م946.5bج.م811.6bج.م125.9b10.6x7.5x1.2x
Wed, 22 Mar 2023ج.م783.0bج.م796.3bج.م125.2b9.4x6.3x1x
Fri, 17 Feb 2023ج.م938.9bج.م777.5bج.م109.3b11.1x8.6x1.2x
Sun, 15 Jan 2023ج.م862.2bج.م768.0bج.م108.1b10.9x8x1.1x
Tue, 13 Dec 2022ج.م808.9bج.م676.3bج.م105.4b10.7x7.7x1.2x
Thu, 10 Nov 2022ج.م660.3bج.م650.4bج.م100.0b9.8x6.6x1x
Sat, 08 Oct 2022ج.م590.6bج.م645.8bج.م97.6b9.3x6x0.9x
Mon, 05 Sep 2022ج.م573.7bج.م639.2bج.م96.8b9.5x5.9x0.9x
Wed, 03 Aug 2022ج.م532.0bج.م610.7bج.م91.9b8.7x5.8x0.9x
Fri, 01 Jul 2022ج.م512.9bج.م601.3bج.م86.8b8.5x5.9x0.9x
Sun, 29 May 2022ج.م555.1bج.م582.5bج.م84.2b8.9x6.6x1x
Tue, 26 Apr 2022ج.م573.4bج.م570.2bج.م83.6b9.9x6.9x1x
Thu, 24 Mar 2022ج.م643.4bج.م571.9bج.م84.0b10.3x7.7x1.1x
Sat, 19 Feb 2022ج.م619.3bج.م498.3bج.م74.2b10.4x8.3x1.2x
Mon, 17 Jan 2022ج.م644.8bج.م492.6bج.م74.6b11.3x8.6x1.3x
Wed, 15 Dec 2021ج.م621.3bج.م490.6bج.م74.3b10.8x8.4x1.3x
Fri, 12 Nov 2021ج.م615.5bج.م470.0bج.م70.5b11.5x8.7x1.3x
Sun, 10 Oct 2021ج.م593.0bج.م462.4bج.م68.7b11.6x8.6x1.3x
Tue, 07 Sep 2021ج.م619.5bج.م459.6bج.م67.3b12.2x9.2x1.3x
Thu, 05 Aug 2021ج.م608.5bج.م462.8bج.م67.2b12.2x9.1x1.3x
Sun, 09 May 2021ج.م545.9bج.م437.1bج.م60.9b10.3x9x1.2x
Price to Earnings Ratio

9.1x


Total Market Cap: ج.م556.1bTotal Earnings: ج.م60.9bTotal Revenue: ج.م437.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Egyptian Market Price to Earnings3Y Average 8x202220232024
Current Market PE
  • Investors are optimistic on the Egyptian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 10.3x which is higher than its 3-year average PE of 8.0x.
Past Earnings Growth
  • The earnings for Egyptian listed companies have grown 42% 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-13.10%
Energy0%
Tech0%
Healthcare-6.09%
Consumer Discretionary-6.51%
Telecom-7.57%
Financials-12.01%
Real Estate-12.02%
Consumer Staples-12.35%
Utilities-15.55%
Materials-17.05%
Industrials-19.53%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 17.8x.
    • 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 2.4x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 22% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Industrials sector is expected to see its earnings grow by 6.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
JUFO Juhayna Food IndustriesEج.م20.995.5%
+ج.م1.0b
131.2%PE19xConsumer Staples
IRON Egyptian Iron and Steelج.م17.915.9%
+ج.م976.9m
180.7%PE14.8xMaterials
IRAX Al Ezz Dekheila Steel Company - AlexandriaEج.م1.30k4.0%
+ج.م975.0m
80.0%PE8.9xMaterials
GBCO GBج.م12.005.1%
+ج.م629.6m
168.5%PE7.1xConsumer Discretionary
SAIB Société Arabe Internationale de BanqueEUS$2.1120.0%
+US$11.7m
20.3%PB0.2xFinancials
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

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

MFPC

ج.م48.30

Misr Fertilizer Production

7D

-22.7%

1Y

216.5%

QNBA

ج.م32.91

QNB AlahliE

7D

-16.0%

1Y

94.0%

ALCN

ج.م33.80

Alexandria Container&Cargo Handling

7D

-19.7%

1Y

111.1%

SAIB

US$2.11

Société Arabe Internationale de BanqueE

7D

20.0%

1Y

20.3%

SWDY

ج.م35.01

El Sewedy Electric

7D

-20.9%

1Y

188.6%

DSCW

ج.م1.43

Dice Sport & Casual Wear

7D

11.3%

1Y

293.6%

EFIH

ج.م21.69

e-finance for Digital and Financial InvestmentsE

7D

-30.7%

1Y

39.3%

EAST

ج.م26.60

Eastern CompanyE

7D

-21.6%

1Y

99.3%

GBCO

ج.م12.00

GB

7D

5.1%

1Y

168.5%

JUFO

ج.م20.99

Juhayna Food IndustriesE

7D

5.5%

1Y

131.2%

COMI

ج.م88.50

Commercial International Bank (Egypt)E

7D

-8.3%

1Y

82.5%

DCRC

ج.م26.00

Delta for Construction & Rebuilding

7D

29.9%

1Y

36.7%

IRAX

ج.م1,300.00

Al Ezz Dekheila Steel Company - AlexandriaE

7D

4.0%

1Y

80.0%

PHTV

ج.م155.00

Pyramisa Hotels & Resorts

7D

7.6%

1Y

269.0%