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Egyptian (OMX) Banks Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies11
  • 7D-0.3%
  • 3M3.3%
  • 1Y8.7%
  • YTD10.5%

Over the last 7 days, the Banks industry has remained flat. As for the the longer term, the industry is up 8.7% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 06 Dec 2021ج.م169.3bج.م60.6bج.م26.1b4.2x
Wed, 03 Nov 2021ج.م170.4bج.م58.5bج.م25.0b3.7x
Fri, 01 Oct 2021ج.م152.0bج.م58.2bج.م24.9b4.3x
Sun, 29 Aug 2021ج.م161.7bج.م58.2bج.م24.9b4.9x
Mon, 05 Jul 2021ج.م139.9bج.م58.2bج.م24.9b4.6x
Thu, 08 Apr 2021ج.م145.0bج.م57.0bج.م24.0b4.1x
Sun, 10 Jan 2021ج.م151.6bج.م57.1bج.م23.6b3.8x
Sat, 03 Oct 2020ج.م154.6bج.م58.2bج.م24.6b3.4x
Tue, 07 Jul 2020ج.م156.1bج.م59.5bج.م25.9b3.5x
Fri, 10 Apr 2020ج.م150.7bج.م59.6bج.م26.6b3.2x
Thu, 02 Jan 2020ج.م199.4bج.م58.9bج.م27.3b2.7x
Sun, 06 Oct 2019ج.م185.8bج.م57.2bج.م26.4b3x
Wed, 10 Jul 2019ج.م182.1bج.م54.9bج.م25.1b3.3x
Tue, 02 Apr 2019ج.م176.2bج.م52.4bج.م24.1b3.6x
Fri, 04 Jan 2019ج.م156.2bج.م49.5bج.م22.9b3.2x
PE Ratio

3.2x

Total Market Cap: ج.م156.2bTotal Earnings: ج.م22.9bTotal Revenue: ج.م49.5b0%0%0%3 Year10 Year
20202021

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 3.7x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 4.4% per year over the last three years, and revenues for these companies have grown 7.0% 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 Banks industry?

Regional Banks1.42%
Diversified Banks-0.34%

Industry PE: Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 3.7x. This is likely because analysts are expecting annual earnings growth of 16%, which is higher than its past year's earnings growth of 11% per year. Meanwhile, investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 4.0x.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 16% over the next 5 years. This is better than it's past earnings growth rate of 11% per year. Meanwhile, the Regional Banks industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
QNBA QNB AlahliE1.7%+ج.م560.3m-7.3%PB0.8x
COMI Commercial International Bank (Egypt)E0.2%+ج.م157.6m9.0%PB1.5x
HDBK Housing and Development Bank- Egypt (S.A.E)2.1%+ج.م124.5m25.1%PB0.6x
ADIB Abu Dhabi Islamic Bank - EgyptE4.2%+ج.م120.0m19.9%PB0.5x
CIEB Credit Agricole - Egypt Bank (S.A.E.)1.0%+ج.م90.2m8.4%PB1.1x
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