Egyptian (OMX) Market Analysis & Valuation
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies197
- 7D-1.2%
- 3M-6.0%
- 1Y-5.2%
- YTD-11.3%
Over the last 7 days, the market has dropped 1.2%, driven by a pullback of 1.7% in the Financials sector. The market has dropped 5.2% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.
Market Valuation and Performance
Has the Egyptian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | ج.م574.8b | ج.م572.3b | ج.م83.7b | 9.3x |
| Wed, 20 Apr 2022 | ج.م570.1b | ج.م569.5b | ج.م83.4b | 9.2x |
| Fri, 18 Mar 2022 | ج.م599.5b | ج.م569.7b | ج.م83.8b | 9.7x |
| Sun, 13 Feb 2022 | ج.م630.1b | ج.م498.7b | ج.م74.7b | 10.9x |
| Tue, 11 Jan 2022 | ج.م660.0b | ج.م492.3b | ج.م74.7b | 11.4x |
| Thu, 09 Dec 2021 | ج.م618.1b | ج.م488.6b | ج.م74.1b | 11x |
| Sat, 06 Nov 2021 | ج.م627.0b | ج.م467.1b | ج.م69.7b | 11.3x |
| Mon, 04 Oct 2021 | ج.م598.5b | ج.م462.0b | ج.م68.4b | 11.6x |
| Wed, 01 Sep 2021 | ج.م642.0b | ج.م462.9b | ج.م67.2b | 13x |
| Thu, 08 Jul 2021 | ج.م572.1b | ج.م462.8b | ج.م67.2b | 11.7x |
| Wed, 31 Mar 2021 | ج.م556.1b | ج.م437.1b | ج.م60.9b | 10.2x |
| Sat, 02 Jan 2021 | ج.م554.5b | ج.م423.5b | ج.م55.7b | 10.5x |
| Tue, 06 Oct 2020 | ج.م525.9b | ج.م414.7b | ج.م56.8b | 10.4x |
| Fri, 10 Jul 2020 | ج.م496.8b | ج.م440.9b | ج.م55.9b | 9x |
| Thu, 02 Apr 2020 | ج.م449.5b | ج.م450.9b | ج.م59.8b | 7.1x |
| Sun, 05 Jan 2020 | ج.م607.7b | ج.م449.7b | ج.م63.9b | 9.1x |
| Wed, 09 Oct 2019 | ج.م618.6b | ج.م489.8b | ج.م63.0b | 9.6x |
| Tue, 02 Jul 2019 | ج.م642.7b | ج.م539.5b | ج.م61.7b | 9.8x |
Median PE Ratio
8.3x
Current Market PE
- Investors are relatively neutral on the 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 10.0x.
Past Earnings Growth
- The earnings for Egyptian listed companies have grown 8.8% per year over the last three years.
- Revenues for these companies have grown 2.4% 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 | -1.21% | |
| Telecom | 0.81% | |
| Consumer Staples | 0.74% | |
| Healthcare | -0.40% | |
| Materials | -1.09% | |
| Real Estate | -1.22% | |
| Consumer Discretionary | -1.46% | |
| Financials | -1.72% | |
| Tech | -2.21% | |
| Industrials | -2.23% | |
| Utilities | -2.28% | |
| Energy | -4.17% | |
Sector PE
- Investors are most optimistic about the Tech sector even though it's trading below its 3-year average PE ratio of 61.3x.
- This is likely because analysts are expecting annual earnings growth of 35% which is higher than its past year's earnings decline of 3.6% per year.
- Investors are most pessimistic about the Financials sector, which is trading close to its 3-year average of 7.0x.
Forecasted Growth
- Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 3.6% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| COMI Commercial International Bank (Egypt)E | ج.م41.78 | 2.2% +ج.م1.7b | -4.3% | PB1.3x | Financials | |
| TMGH Talaat Mostafa Group Holding Company TMG Holding (S.A.E) | ج.م7.89 | 2.2% +ج.م350.8m | 30.0% | PB0.5x | Real Estate | |
| JUFO Juhayna Food IndustriesE | ج.م8.62 | 3.9% +ج.م301.2m | 81.5% | PS15.4x | Consumer Staples | |
| CIRA Cairo for Investment & Real Estate DevelopmentE | ج.م12.30 | 4.2% +ج.م291.4m | 2.5% | PS22.9x | Consumer Discretionary | |
| ETEL Telecom Egypt | ج.م16.22 | 0.7% +ج.م204.8m | 40.8% | PS3.7x | Telecom |