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Egyptian (OMX) Market Analysis & Valuation

UpdatedJun 06, 2023
DataAggregated Company Financials
Companies202
  • 7D0.8%
  • 3M5.3%
  • 1Y56.8%
  • YTD10.9%

In the last week, the market has stayed flat, however the Real Estate sector stood out, gaining 4.4%. More promisingly, the market is up 57% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jun 2023ج.م966.3bج.م1.5tج.م173.6b10.1x5.6x0.7x
Thu, 04 May 2023ج.م946.5bج.م815.8bج.م127.0b10.5x7.5x1.2x
Sat, 01 Apr 2023ج.م877.0bج.م801.7bج.م125.2b9.4x7x1.1x
Mon, 27 Feb 2023ج.م923.7bج.م782.8bج.م111.4b11.1x8.3x1.2x
Wed, 25 Jan 2023ج.م900.9bج.م768.3bج.م107.3b11.3x8.4x1.2x
Fri, 23 Dec 2022ج.م813.5bج.م764.5bج.م104.6b10.8x7.8x1.1x
Sun, 20 Nov 2022ج.م695.8bج.م664.9bج.م102.1b10.1x6.8x1x
Tue, 18 Oct 2022ج.م584.5bج.م647.5bج.م98.2b9.3x6x0.9x
Thu, 15 Sep 2022ج.م590.4bج.م642.9bج.م97.2b9.3x6.1x0.9x
Sat, 13 Aug 2022ج.م562.3bج.م611.4bج.م92.0b9.4x6.1x0.9x
Mon, 11 Jul 2022ج.م490.7bج.م605.6bج.م89.1b8.2x5.5x0.8x
Wed, 08 Jun 2022ج.م549.0bج.م589.2bج.م84.9b8.8x6.5x0.9x
Fri, 06 May 2022ج.م597.8bج.م570.2bج.م83.6b10.1x7.2x1x
Sun, 03 Apr 2022ج.م610.9bج.م566.3bج.م82.1b10.3x7.4x1.1x
Tue, 01 Mar 2022ج.م596.7bج.م501.1bج.م77.5b9.5x7.7x1.2x
Thu, 27 Jan 2022ج.م626.6bج.م493.5bج.م74.6b10.9x8.4x1.3x
Sat, 25 Dec 2021ج.م638.0bج.م491.9bج.م74.1b10.9x8.6x1.3x
Mon, 22 Nov 2021ج.م594.7bج.م478.0bج.م72.2b10.4x8.2x1.2x
Wed, 20 Oct 2021ج.م624.0bج.م464.5bج.م69.1b11.8x9x1.3x
Fri, 17 Sep 2021ج.م623.9bج.م459.6bج.م67.3b12.3x9.3x1.4x
Sun, 15 Aug 2021ج.م623.4bج.م462.9bج.م67.2b13.1x9.3x1.3x
Thu, 10 Jun 2021ج.م545.3bج.م437.5bج.م61.0b10.8x8.9x1.2x
Wed, 03 Mar 2021ج.م607.8bج.م423.5bج.م55.7b12.1x10.9x1.4x
Sat, 05 Dec 2020ج.م545.7bج.م414.7bج.م56.8b10.4x9.6x1.3x
Tue, 08 Sep 2020ج.م536.6bج.م440.1bج.م55.6b9.8x9.7x1.2x
Price to Earnings Ratio

8.9x


Total Market Cap: ج.م496.8bTotal Earnings: ج.م55.9bTotal Revenue: ج.م440.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Egyptian Market Price to Earnings3Y Average 8.2x202120222023
Current Market PE
  • Investors are pessimistic on the Egyptian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 5.6x which is lower than its 3-year average PE of 8.2x.
Past Earnings Growth
  • The earnings for Egyptian listed companies have grown 46% per year over the last three years.
  • Revenues for these companies have grown 49% 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 Market0.76%
Real Estate4.36%
Telecom3.96%
Industrials3.45%
Consumer Discretionary1.67%
Financials1.21%
Healthcare1.06%
Utilities0.40%
Energy0%
Tech0%
Consumer Staples-0.56%
Materials-3.76%
Sector PE
  • Investors favour the Energy 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.
  • The Consumer Staples sector is the least preferred by investors for future growth, which is trading below its 3-year average of 9.3x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 7.5% per year.
  • In contrast, the Materials sector is expected to see its earnings decline by 7.0% 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
SWDY El Sewedy Electricج.م18.336.4%
+ج.م2.4b
154.6%PE5.6xIndustrials
ETEL Telecom Egyptج.م24.954.0%
+ج.م1.6b
64.9%PE4.1xTelecom
HRHO EFG-Hermes HoldingEج.م19.815.6%
+ج.م1.5b
79.3%PE12.1xFinancials
HELI Heliopolis for Housing & Developmentج.م10.467.8%
+ج.م1.0b
131.4%n/aReal Estate
COMI Commercial International Bank (Egypt)Eج.م52.050.6%
+ج.م989.7m
97.2%PB2.5xFinancials
See more
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Market Insights

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Latest News

EAST

ج.م18.15

Eastern CompanyE

7D

-1.8%

1Y

68.5%

SKPC

ج.م19.70

Sidi Kerir Petrochemicals

7D

-2.2%

1Y

211.9%

SWDY

ج.م18.33

El Sewedy Electric

7D

6.4%

1Y

154.6%

HDBK

ج.م19.34

Housing and Development Bank- Egypt (S.A.E)

7D

8.5%

1Y

85.6%

EFID

ج.م17.83

Edita Food Industries Company (S.A.E)

7D

-4.2%

1Y

134.6%

MHOT

ج.م87.42

Misr Hotels

7D

27.8%

1Y

394.7%

ETEL

ج.م24.95

Telecom Egypt

7D

4.0%

1Y

64.9%

MFPC

ج.م164.48

Misr Fertilizer Production

7D

-1.3%

1Y

61.3%

IRAX

ج.م827.14

Al Ezz Dekheila Steel Company - AlexandriaE

7D

-4.5%

1Y

47.7%

HRHO

ج.م19.81

EFG-Hermes HoldingE

7D

5.6%

1Y

79.3%

COMI

ج.م52.05

Commercial International Bank (Egypt)E

7D

0.6%

1Y

97.2%

ESRS

ج.م37.06

Ezz Steel Company (S.A.E)

7D

-2.0%

1Y

185.7%

QNBA

ج.م19.00

QNB AlahliE

7D

2.2%

1Y

15.2%

HELI

ج.م10.46

Heliopolis for Housing & Development

7D

7.8%

1Y

131.4%

BTFH

ج.م3.31

Beltone Financial Holding SAE

7D

-39.8%

1Y

190.1%