Has the Egyptian Financials Sector valuation changed over the past few years?
|Tue, 07 Dec 2021||ج.م209.0b||ج.م86.0b||ج.م31.1b||7.3x|
|Thu, 04 Nov 2021||ج.م210.0b||ج.م84.4b||ج.م29.7b||7.5x|
|Sat, 02 Oct 2021||ج.م194.9b||ج.م84.1b||ج.م29.6b||7.9x|
|Mon, 30 Aug 2021||ج.م206.8b||ج.م84.0b||ج.م29.7b||8.4x|
|Tue, 06 Jul 2021||ج.م180.6b||ج.م84.0b||ج.م29.7b||7x|
|Fri, 09 Apr 2021||ج.م185.3b||ج.م81.4b||ج.م28.8b||7.4x|
|Thu, 31 Dec 2020||ج.م189.9b||ج.م81.3b||ج.م28.4b||8.5x|
|Sun, 04 Oct 2020||ج.م189.5b||ج.م80.7b||ج.م29.1b||6.6x|
|Wed, 08 Jul 2020||ج.م189.5b||ج.م107.5b||ج.م28.7b||6.2x|
|Tue, 31 Mar 2020||ج.م175.0b||ج.م105.9b||ج.م30.1b||4.5x|
|Fri, 03 Jan 2020||ج.م237.2b||ج.م99.9b||ج.م31.3b||5.9x|
|Mon, 07 Oct 2019||ج.م225.8b||ج.م98.4b||ج.م29.3b||5.8x|
|Sun, 30 Jun 2019||ج.م226.7b||ج.م95.1b||ج.م28.4b||7x|
|Wed, 03 Apr 2019||ج.م223.8b||ج.م89.4b||ج.م26.3b||7.9x|
|Sat, 05 Jan 2019||ج.م200.8b||ج.م85.3b||ج.م24.7b||7.7x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 7.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Financials industry have grown 8.0% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Egyptian Financials sector?
Industry PE: Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 12.5x. However analysts are expecting annual earnings growth of 27%, which is lower than the prior year's growth of 62% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Banks industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 3.7x.
Forecasted Growth: Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 27% over the next 5 years. However this is lower than its past earnings growth rate of 62% per year. Meanwhile, the Diversified Financial industry is expected to see its earnings grow by 13% per year over the next few years.
Which companies have driven the market over the last 7 days?
|COMI Commercial International Bank (Egypt)E||1.2%+ج.م1.2b||10.7%||PB1.6x|
|HDBK Housing and Development Bank- Egypt (S.A.E)||9.7%+ج.م587.5m||37.2%||PB0.7x|
|CIEB Credit Agricole - Egypt Bank (S.A.E.)||5.0%+ج.م450.8m||17.8%||PB1.2x|
|ADIB Abu Dhabi Islamic Bank - EgyptE||7.0%+ج.م210.0m||27.4%||PB0.5x|
|SAUD alBaraka Bank EgyptE||5.6%+ج.م165.7m||15.5%||PB0.5x|
ODIN Investments (S.A.E)
Commercial International Bank (Egypt)E
alBaraka Bank EgyptE
Export Development Bank of Egypt (S.A.E.)
Abu Dhabi Islamic Bank - EgyptE
B Investments HoldingE
Credit Agricole - Egypt Bank (S.A.E.)
Arab Moltaqa Investments
Arabia Investments Holding