Egyptian (OMX) Financials Sector Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies44
- 7D-1.0%
- 3M-9.8%
- 1Y29.4%
- YTD-0.2%
Over the last 7 days, the Financials industry has dropped 1.0%, driven by e-finance for Digital and Financial InvestmentsE declining 7.1%. Meanwhile, Credit Agricole - Egypt Bank (S.A.E.) actually outperformed within the industry, gaining 6.1% in the last week. In the past year, the industry has gained 29%. 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 |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | ج.م523.4b | ج.م291.1b | ج.م76.8b | 7.7x | 6.8x | 1.8x |
| Sun, 07 Apr 2024 | ج.م572.5b | ج.م302.7b | ج.م72.7b | 8.2x | 7.9x | 1.9x |
| Tue, 05 Mar 2024 | ج.م588.0b | ج.م297.0b | ج.م71.1b | 8.5x | 8.3x | 2x |
| Thu, 01 Feb 2024 | ج.م601.8b | ج.م288.0b | ج.م64.4b | 9.1x | 9.3x | 2.1x |
| Sat, 30 Dec 2023 | ج.م508.0b | ج.م275.4b | ج.م62.7b | 9.6x | 8.1x | 1.8x |
| Mon, 27 Nov 2023 | ج.م525.1b | ج.م272.4b | ج.م60.6b | 9.6x | 8.7x | 1.9x |
| Wed, 25 Oct 2023 | ج.م424.7b | ج.م247.2b | ج.م51.8b | 8.9x | 8.2x | 1.7x |
| Fri, 22 Sep 2023 | ج.م416.7b | ج.م244.5b | ج.م50.7b | 8.9x | 8.2x | 1.7x |
| Sun, 20 Aug 2023 | ج.م390.9b | ج.م241.1b | ج.م49.8b | 8.4x | 7.8x | 1.6x |
| Tue, 18 Jul 2023 | ج.م370.6b | ج.م214.3b | ج.م43.1b | 11x | 8.6x | 1.7x |
| Thu, 15 Jun 2023 | ج.م371.7b | ج.م211.2b | ج.م41.2b | 11x | 9x | 1.8x |
| Sat, 13 May 2023 | ج.م348.4b | ج.م189.2b | ج.م39.0b | 10.8x | 8.9x | 1.8x |
| Mon, 10 Apr 2023 | ج.م339.3b | ج.م184.6b | ج.م36.0b | 10.7x | 9.4x | 1.8x |
| Wed, 08 Mar 2023 | ج.م300.9b | ج.م181.3b | ج.م35.5b | 9x | 8.5x | 1.7x |
| Fri, 03 Feb 2023 | ج.م291.0b | ج.م176.1b | ج.م33.9b | 10.4x | 8.6x | 1.7x |
| Sun, 01 Jan 2023 | ج.م253.9b | ج.م174.2b | ج.م32.6b | 9.7x | 7.8x | 1.5x |
| Tue, 29 Nov 2022 | ج.م225.3b | ج.م90.2b | ج.م33.5b | 8.1x | 6.7x | 2.5x |
| Thu, 27 Oct 2022 | ج.م181.6b | ج.م86.2b | ج.م33.0b | 6.6x | 5.5x | 2.1x |
| Sat, 24 Sep 2022 | ج.م175.4b | ج.م84.5b | ج.م32.3b | 6.7x | 5.4x | 2.1x |
| Mon, 22 Aug 2022 | ج.م178.9b | ج.م84.3b | ج.م32.1b | 6.3x | 5.6x | 2.1x |
| Wed, 20 Jul 2022 | ج.م155.7b | ج.م82.3b | ج.م31.3b | 6x | 5x | 1.9x |
| Fri, 17 Jun 2022 | ج.م169.0b | ج.م82.0b | ج.م31.2b | 6.3x | 5.4x | 2.1x |
| Sun, 15 May 2022 | ج.م182.6b | ج.م81.6b | ج.م30.9b | 6.4x | 5.9x | 2.2x |
| Tue, 12 Apr 2022 | ج.م189.0b | ج.م78.2b | ج.م29.4b | 7.1x | 6.4x | 2.4x |
| Thu, 10 Mar 2022 | ج.م192.4b | ج.م88.3b | ج.م31.7b | 6.7x | 6.1x | 2.2x |
| Sat, 05 Feb 2022 | ج.م220.0b | ج.م86.4b | ج.م30.9b | 7.6x | 7.1x | 2.5x |
| Mon, 03 Jan 2022 | ج.م220.7b | ج.م86.1b | ج.م31.0b | 7.5x | 7.1x | 2.6x |
| Wed, 01 Dec 2021 | ج.م209.9b | ج.م86.2b | ج.م31.0b | 7x | 6.8x | 2.4x |
| Fri, 29 Oct 2021 | ج.م201.1b | ج.م84.4b | ج.م29.7b | 7.4x | 6.8x | 2.4x |
| Sun, 26 Sep 2021 | ج.م197.9b | ج.م84.1b | ج.م29.6b | 8x | 6.7x | 2.4x |
| Tue, 24 Aug 2021 | ج.م203.0b | ج.م84.0b | ج.م29.7b | 7.9x | 6.8x | 2.4x |
| Wed, 30 Jun 2021 | ج.م180.6b | ج.م84.0b | ج.م29.7b | 7x | 6.1x | 2.1x |
Price to Earnings Ratio
6.4x
Current Industry PE
- Investors are relatively neutral on the Egyptian Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.3x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 53% 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 | -0.65% | |
| Financials | -1.01% | |
| Consumer Finance | 11.00% | |
| Insurance | 0.01% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Banks | -0.0079% | |
| Capital Markets | -2.00% | |
| Diversified Financial | -4.97% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry, which is trading close to its 3-year average PE ratio of 12.3x.
- Analysts are expecting annual earnings growth of 29.2%, which is lower than the prior year's growth of 55.5% per year.
- Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 6.2x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 55% per year.
- In contrast, the Capital Markets industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| CIEB Credit Agricole - Egypt Bank (S.A.E.) | ج.م20.70 | 6.1% +ج.م1.5b | 102.9% | PB1.7x | |
| ADIB Abu Dhabi Islamic Bank - Egypt -E | ج.م37.05 | 7.1% +ج.م1.2b | 72.3% | PB1.3x | |
| CNFN Contact Financial HoldingE | ج.م4.44 | 11.0% +ج.م526.7m | 28.3% | PE7.7x | |
| FWRY Fawry for Banking Technology and Electronic PaymentsE | ج.م6.07 | 2.4% +ج.م476.9m | 5.4% | PE33.5x | |
| COMI Commercial International Bank (Egypt)E | ج.م73.32 | 0.1% +ج.م302.0m | 41.5% | PB2.4x |