Egyptian (OMX) Financials Sector Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies45
- 7D-1.7%
- 3M23.2%
- 1Y47.3%
- YTD39.8%
Over the last 7 days, the Financials industry has dropped 1.7%, driven by Commercial International Bank (Egypt)E declining 2.6%. On the other hand Contact Financial HoldingE is actually up 17%. Over the past 12 months, the industry was up 47%. As for the next few years, earnings are expected to grow by 17% per annum.
Sector Valuation and Performance
Has the Egyptian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | ج.م520.2b | ج.م272.2b | ج.م60.6b | 9.6x | 8.6x | 1.9x |
| Wed, 01 Nov 2023 | ج.م443.6b | ج.م247.2b | ج.م51.8b | 9x | 8.6x | 1.8x |
| Fri, 29 Sep 2023 | ج.م417.2b | ج.م244.5b | ج.م50.7b | 8.8x | 8.2x | 1.7x |
| Sun, 27 Aug 2023 | ج.م391.4b | ج.م243.1b | ج.م51.1b | 8.7x | 7.7x | 1.6x |
| Tue, 25 Jul 2023 | ج.م374.2b | ج.م232.7b | ج.م47.4b | 11x | 7.9x | 1.6x |
| Thu, 22 Jun 2023 | ج.م371.9b | ج.م213.1b | ج.م42.2b | 11x | 8.8x | 1.7x |
| Sat, 20 May 2023 | ج.م348.2b | ج.م208.1b | ج.م40.3b | 9.8x | 8.6x | 1.7x |
| Mon, 17 Apr 2023 | ج.م359.7b | ج.م188.6b | ج.م38.6b | 10.7x | 9.3x | 1.9x |
| Wed, 15 Mar 2023 | ج.م281.3b | ج.م181.6b | ج.م35.3b | 9.3x | 8x | 1.5x |
| Fri, 10 Feb 2023 | ج.م323.3b | ج.م176.3b | ج.م33.9b | 10.8x | 9.5x | 1.8x |
| Sun, 08 Jan 2023 | ج.م271.8b | ج.م174.2b | ج.م32.6b | 9.9x | 8.3x | 1.6x |
| Tue, 06 Dec 2022 | ج.م252.0b | ج.م90.0b | ج.م33.8b | 8.3x | 7.5x | 2.8x |
| Thu, 03 Nov 2022 | ج.م195.1b | ج.م86.1b | ج.م33.0b | 7x | 5.9x | 2.3x |
| Sat, 01 Oct 2022 | ج.م171.8b | ج.م84.5b | ج.م32.3b | 6.7x | 5.3x | 2x |
| Mon, 29 Aug 2022 | ج.م176.1b | ج.م85.2b | ج.م32.3b | 5.7x | 5.4x | 2.1x |
| Wed, 27 Jul 2022 | ج.م162.7b | ج.م82.3b | ج.م31.3b | 6x | 5.2x | 2x |
| Fri, 24 Jun 2022 | ج.م164.0b | ج.م82.0b | ج.م31.2b | 6.3x | 5.3x | 2x |
| Sun, 22 May 2022 | ج.م179.4b | ج.م81.6b | ج.م30.9b | 6.4x | 5.8x | 2.2x |
| Tue, 19 Apr 2022 | ج.م188.2b | ج.م81.6b | ج.م30.9b | 6.7x | 6.1x | 2.3x |
| Thu, 17 Mar 2022 | ج.م195.8b | ج.م81.4b | ج.م30.8b | 6.8x | 6.4x | 2.4x |
| Sat, 12 Feb 2022 | ج.م220.2b | ج.م86.4b | ج.م30.9b | 7.6x | 7.1x | 2.5x |
| Mon, 10 Jan 2022 | ج.م223.2b | ج.م86.1b | ج.م31.0b | 7.7x | 7.2x | 2.6x |
| Wed, 08 Dec 2021 | ج.م209.0b | ج.م86.0b | ج.م31.1b | 7.3x | 6.7x | 2.4x |
| Fri, 05 Nov 2021 | ج.م210.3b | ج.م84.4b | ج.م29.7b | 7.4x | 7.1x | 2.5x |
| Sun, 03 Oct 2021 | ج.م194.9b | ج.م84.1b | ج.م29.6b | 7.9x | 6.6x | 2.3x |
| Tue, 31 Aug 2021 | ج.م205.9b | ج.م84.0b | ج.م29.7b | 8.2x | 6.9x | 2.5x |
| Wed, 07 Jul 2021 | ج.م180.6b | ج.م84.0b | ج.م29.7b | 7x | 6.1x | 2.1x |
| Sat, 10 Apr 2021 | ج.م185.3b | ج.م81.4b | ج.م28.8b | 7.4x | 6.4x | 2.3x |
| Fri, 01 Jan 2021 | ج.م189.9b | ج.م81.3b | ج.م28.4b | 8.5x | 6.7x | 2.3x |
Price to Earnings Ratio
6.6x
Current Industry PE
- Investors are optimistic on the Egyptian Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.6x which is higher than its 3-year average PE of 7.1x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 28% per year over the last three years.
- Revenues for these companies have grown 50% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Egyptian Financials sector?
| EG Market | -2.11% | |
| Financials | -1.73% | |
| Consumer Finance | 17.34% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | 0% | |
| Diversified Financial | -0.37% | |
| Banks | -1.73% | |
| Capital Markets | -3.56% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 19.4x.
- Analysts are expecting annual earnings growth of 18.7%, which is higher than its past year's earnings growth of 4.3% per year.
- Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 6.1x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 31% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Banks industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| EFIH e-finance for Digital and Financial InvestmentsE | ج.م17.72 | 1.5% +ج.م498.9m | -6.2% | PE27.8x | |
| FWRY Fawry for Banking Technology and Electronic PaymentsE | ج.م5.30 | 2.7% +ج.م476.9m | 0.4% | PE31.4x | |
| CCAP QALA For Financial Investments | ج.م2.95 | 8.9% +ج.م436.8m | 92.6% | PS0.05x | |
| CNFN Contact Financial HoldingE | ج.م4.00 | 5.0% +ج.م227.4m | 35.6% | PE7.8x | |
| PRDC Pioneers Properties for Urban Development | ج.م2.57 | 8.9% +ج.م221.5m | 21.8% | PE15.1x |