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Egyptian (OMX) Banks Industry Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies10
  • 7D8.1%
  • 3M41.0%
  • 1Y20.9%
  • YTD13.0%

Over the last 7 days, the Banks industry has risen 8.1%, driven by gains from Commercial International Bank (Egypt)E of 9.4%. This takes the industry's 12 month performance to a gain of 21%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

Has the Egyptian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022ج.م192.3bج.م71.2bج.م30.3b4.3x6.4x2.7x
Mon, 31 Oct 2022ج.م154.9bج.م68.0bج.م29.1b3.8x5.3x2.3x
Wed, 28 Sep 2022ج.م129.7bج.م67.1bج.م28.6b3.5x4.5x1.9x
Fri, 26 Aug 2022ج.م137.2bج.م66.4bج.م28.2b4.2x4.9x2.1x
Sun, 24 Jul 2022ج.م125.8bج.م64.5bج.م27.5b3.9x4.6x2x
Tue, 21 Jun 2022ج.م131.7bج.م63.7bج.م27.3b4x4.8x2.1x
Thu, 19 May 2022ج.م139.2bج.م63.2bج.م27.0b4.2x5.2x2.2x
Sat, 16 Apr 2022ج.م148.4bج.م60.0bج.م25.8b4.2x5.8x2.5x
Mon, 14 Mar 2022ج.م151.9bج.م63.0bج.م26.8b4.1x5.7x2.4x
Wed, 09 Feb 2022ج.م177.0bج.م61.3bج.م26.0b4.5x6.8x2.9x
Fri, 07 Jan 2022ج.م181.4bج.م61.0bج.م26.1b4.4x7x3x
Sun, 05 Dec 2021ج.م167.7bج.م60.9bج.م26.2b4.2x6.4x2.8x
Tue, 02 Nov 2021ج.م166.5bج.م58.5bج.م25.0b4.2x6.7x2.8x
Thu, 30 Sep 2021ج.م151.5bج.م58.2bج.م24.9b4.3x6.1x2.6x
Sat, 28 Aug 2021ج.م161.9bج.م58.2bج.م24.9b4.9x6.5x2.8x
Sun, 04 Jul 2021ج.م139.9bج.م58.2bج.م24.9b4.6x5.6x2.4x
Wed, 07 Apr 2021ج.م145.0bج.م57.0bج.م24.0b4.1x6x2.5x
Sat, 09 Jan 2021ج.م151.6bج.م57.1bج.م23.6b3.8x6.4x2.7x
Fri, 02 Oct 2020ج.م154.6bج.م58.2bج.م24.6b3.4x6.3x2.7x
Mon, 06 Jul 2020ج.م156.1bج.م59.5bج.م25.9b3.5x6x2.6x
Thu, 09 Apr 2020ج.م150.7bج.م59.6bج.م26.6b3.2x5.7x2.5x
Wed, 01 Jan 2020ج.م199.4bج.م58.9bج.م27.3b2.7x7.3x3.4x
Price to Earnings Ratio

7.3x


Total Market Cap: ج.م192.2bTotal Earnings: ج.م26.4bTotal Revenue: ج.م57.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Egyptian Banks Industry Price to Earnings3Y Average 6x202020212022
Current Industry PE
  • Investors are relatively neutral on the Egyptian Banks 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 6.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 4.7% per year over the last three years.
  • Revenues for these companies have grown 7.6% 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 industry?

EG Market5.67%
Financials7.76%
Banks8.07%
Diversified Banks8.38%
Regional Banks2.32%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 2.8x.
    • Analysts are expecting annual earnings growth of 15.2%, which is higher than its past year's earnings decline of 29.1% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 6.2x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 29% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
COMI Commercial International Bank (Egypt)Eج.م41.409.4%
+ج.م10.6b
22.3%PB1.9x
QNBA QNB AlahliEج.م18.027.9%
+ج.م2.8b
14.3%PB0.8x
HDBK Housing and Development Bank- Egypt (S.A.E)ج.م13.969.6%
+ج.م648.2m
22.2%PB0.6x
CIEB Credit Agricole - Egypt Bank (S.A.E.)ج.م8.486.0%
+ج.م600.0m
19.1%PB1.2x
FAITA Faisal Islamic Bank of EgyptUS$1.043.6%
+US$21.8m
21.3%PB0.8x
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Latest News

QNBA

ج.م18.02

QNB AlahliE

7D

7.9%

1Y

14.3%

COMI

ج.م41.40

Commercial International Bank (Egypt)E

7D

9.4%

1Y

22.3%

SAUD

ج.م18.82

alBaraka Bank EgyptE

7D

7.5%

1Y

67.8%

CANA

ج.م10.25

Suez Canal Bank (S.A.E)

7D

2.0%

1Y

25.2%

HDBK

ج.م13.96

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

7D

9.6%

1Y

22.2%

EGBE

US$0.49

Egyptian Gulf Bank (S.A.E)

7D

-2.0%

1Y

27.6%

ADIB

ج.م15.67

Abu Dhabi Islamic Bank - EgyptE

7D

14.3%

1Y

6.8%