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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?

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022ج.م574.8bج.م572.3bج.م83.7b9.3x
Wed, 20 Apr 2022ج.م570.1bج.م569.5bج.م83.4b9.2x
Fri, 18 Mar 2022ج.م599.5bج.م569.7bج.م83.8b9.7x
Sun, 13 Feb 2022ج.م630.1bج.م498.7bج.م74.7b10.9x
Tue, 11 Jan 2022ج.م660.0bج.م492.3bج.م74.7b11.4x
Thu, 09 Dec 2021ج.م618.1bج.م488.6bج.م74.1b11x
Sat, 06 Nov 2021ج.م627.0bج.م467.1bج.م69.7b11.3x
Mon, 04 Oct 2021ج.م598.5bج.م462.0bج.م68.4b11.6x
Wed, 01 Sep 2021ج.م642.0bج.م462.9bج.م67.2b13x
Thu, 08 Jul 2021ج.م572.1bج.م462.8bج.م67.2b11.7x
Wed, 31 Mar 2021ج.م556.1bج.م437.1bج.م60.9b10.2x
Sat, 02 Jan 2021ج.م554.5bج.م423.5bج.م55.7b10.5x
Tue, 06 Oct 2020ج.م525.9bج.م414.7bج.م56.8b10.4x
Fri, 10 Jul 2020ج.م496.8bج.م440.9bج.م55.9b9x
Thu, 02 Apr 2020ج.م449.5bج.م450.9bج.م59.8b7.1x
Sun, 05 Jan 2020ج.م607.7bج.م449.7bج.م63.9b9.1x
Wed, 09 Oct 2019ج.م618.6bج.م489.8bج.م63.0b9.6x
Tue, 02 Jul 2019ج.م642.7bج.م539.5bج.م61.7b9.8x
Median PE Ratio

8.3x


Total Market Cap: ج.م630.5bTotal Earnings: ج.م65.0bTotal Revenue: ج.م532.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Egyptian Market Median PE3Y Average 10x202020212022
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%
Telecom0.81%
Consumer Staples0.74%
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?

CompanyLast Price7D1YValuationSector
COMI Commercial International Bank (Egypt)Eج.م41.782.2%
+ج.م1.7b
-4.3%PB1.3xFinancials
TMGH Talaat Mostafa Group Holding Company TMG Holding (S.A.E)ج.م7.892.2%
+ج.م350.8m
30.0%PB0.5xReal Estate
JUFO Juhayna Food IndustriesEج.م8.623.9%
+ج.م301.2m
81.5%PS15.4xConsumer Staples
CIRA Cairo for Investment & Real Estate DevelopmentEج.م12.304.2%
+ج.م291.4m
2.5%PS22.9xConsumer Discretionary
ETEL Telecom Egyptج.م16.220.7%
+ج.م204.8m
40.8%PS3.7xTelecom
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