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Egyptian (CASE/EGX) Banks Industry Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies11
- 7D-3.3%
- 3M-3.9%
- 1Y10.1%
- YTD9.3%
Over the last 7 days, the Banks industry has dropped 3.6%, driven by a pullback from Commercial International Bank (Egypt)E of 4.8%. In the past year, the industry has gained 11%. As for the next few years, earnings are expected to grow by 10% per annum.
Industry Valuation and Performance
Has the Egyptian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | ج.م419.1b | ج.م203.3b | ج.م100.0b | 3.3x | 4.2x | 2.1x |
| Thu, 28 Nov 2024 | ج.م419.7b | ج.م199.0b | ج.م97.5b | 3.5x | 4.3x | 2.1x |
| Sat, 26 Oct 2024 | ج.م397.6b | ج.م179.0b | ج.م85.0b | 3.5x | 4.7x | 2.2x |
| Mon, 23 Sep 2024 | ج.م407.3b | ج.م179.0b | ج.م85.0b | 3.5x | 4.8x | 2.3x |
| Wed, 21 Aug 2024 | ج.م415.7b | ج.م179.5b | ج.م85.3b | 3.4x | 4.9x | 2.3x |
| Fri, 19 Jul 2024 | ج.م384.7b | ج.م162.5b | ج.م74.3b | 3.6x | 5.2x | 2.4x |
| Sun, 16 Jun 2024 | ج.م366.4b | ج.م158.9b | ج.م71.9b | 3.6x | 5.1x | 2.3x |
| Tue, 14 May 2024 | ج.م366.9b | ج.م156.1b | ج.م70.6b | 3.9x | 5.2x | 2.3x |
| Thu, 11 Apr 2024 | ج.م400.1b | ج.م128.7b | ج.م61.2b | 4.7x | 6.5x | 3.1x |
| Sat, 09 Mar 2024 | ج.م444.6b | ج.م128.7b | ج.م61.4b | 5.9x | 7.2x | 3.5x |
| Mon, 05 Feb 2024 | ج.م429.3b | ج.م119.7b | ج.م54.7b | 5x | 7.8x | 3.6x |
| Wed, 03 Jan 2024 | ج.م374.6b | ج.م117.3b | ج.م54.1b | 4.7x | 6.9x | 3.2x |
| Fri, 01 Dec 2023 | ج.م374.6b | ج.م117.3b | ج.م54.1b | 4.5x | 6.9x | 3.2x |
| Sun, 29 Oct 2023 | ج.م304.9b | ج.م104.0b | ج.م47.2b | 4.1x | 6.5x | 2.9x |
| Tue, 26 Sep 2023 | ج.م283.7b | ج.م101.3b | ج.م46.1b | 3.8x | 6.1x | 2.8x |
| Thu, 24 Aug 2023 | ج.م258.6b | ج.م101.3b | ج.م46.2b | 3.7x | 5.6x | 2.6x |
| Sat, 22 Jul 2023 | ج.م249.1b | ج.م90.7b | ج.م39.9b | 4x | 6.2x | 2.7x |
| Mon, 19 Jun 2023 | ج.م248.6b | ج.م87.1b | ج.م38.0b | 4.2x | 6.5x | 2.9x |
| Wed, 17 May 2023 | ج.م239.5b | ج.م85.6b | ج.م37.4b | 4.2x | 6.4x | 2.8x |
| Fri, 14 Apr 2023 | ج.م226.7b | ج.م81.1b | ج.م35.2b | 4.1x | 6.4x | 2.8x |
| Sun, 12 Mar 2023 | ج.م240.0b | ج.م77.2b | ج.م32.7b | 4.7x | 7.3x | 3.1x |
| Tue, 07 Feb 2023 | ج.م237.4b | ج.م73.3b | ج.م31.5b | 5x | 7.5x | 3.2x |
| Thu, 05 Jan 2023 | ج.م206.3b | ج.م71.2b | ج.م30.2b | 5x | 6.8x | 2.9x |
| Sat, 03 Dec 2022 | ج.م192.3b | ج.م71.2b | ج.م30.3b | 4.3x | 6.4x | 2.7x |
| Mon, 31 Oct 2022 | ج.م154.9b | ج.م68.0b | ج.م29.1b | 3.8x | 5.3x | 2.3x |
| Wed, 28 Sep 2022 | ج.م129.7b | ج.م67.1b | ج.م28.6b | 3.5x | 4.5x | 1.9x |
| Fri, 26 Aug 2022 | ج.م137.2b | ج.م66.4b | ج.م28.2b | 4.2x | 4.9x | 2.1x |
| Sun, 24 Jul 2022 | ج.م125.8b | ج.م64.5b | ج.م27.5b | 3.9x | 4.6x | 2x |
| Tue, 21 Jun 2022 | ج.م131.7b | ج.م63.7b | ج.م27.3b | 4x | 4.8x | 2.1x |
| Thu, 19 May 2022 | ج.م139.2b | ج.م63.2b | ج.م27.0b | 4.2x | 5.2x | 2.2x |
| Sat, 16 Apr 2022 | ج.م148.4b | ج.م60.0b | ج.م25.8b | 4.2x | 5.8x | 2.5x |
| Mon, 14 Mar 2022 | ج.م151.9b | ج.م63.0b | ج.م26.8b | 4.1x | 5.7x | 2.4x |
| Wed, 09 Feb 2022 | ج.م177.0b | ج.م61.3b | ج.م26.0b | 4.5x | 6.8x | 2.9x |
| Fri, 07 Jan 2022 | ج.م181.4b | ج.م61.0b | ج.م26.1b | 4.4x | 7x | 3x |
Price to Earnings Ratio
7x
Current Industry PE
- Investors are pessimistic on the Egyptian Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 4.2x which is lower than its 3-year average PE of 5.9x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 56% per year over the last three years.
- Revenues for these companies have grown 49% 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 Market | -2.87% | |
| Financials | -2.43% | |
| Banks | -3.33% | |
| Regional Banks | -2.41% | |
| Diversified Banks | -3.36% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 6.0x.
- Analysts are expecting annual earnings growth of 10.0%, which is lower than the prior year's growth of 90.5% per year.
- 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 Regional Banks industry, expecting annual earnings growth of 16% over the next 5 years.
- However this is lower than its past earnings growth rate of 62% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| HDBK Housing and Development Bank- Egypt (S.A.E) | ج.م53.79 | 0.7% +ج.م201.9m | 38.6% | PB1.1x | |
| UBEE United Bank | ج.م14.33 | 1.0% +ج.م154.0m | n/a | PB1.2x |