Egyptian (OMX) Materials Sector Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies27
- 7D3.6%
- 3M21.1%
- 1Y32.1%
- YTD27.9%
Over the last 7 days, the Materials industry has risen 3.6%, and Abu Qir Fertilizers and Chemical Industries (S.A.E.) contributed the most with a gain of 5.7%. Meanwhile, Egypt Aluminum actually underperformed within the industry, shrinking 8.6% in the last week. In the last 12 months, the industry was up 32%. As for the next few years, earnings are forecast to decline by 2.5% per annum.
Sector Valuation and Performance
Has the Egyptian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | ج.م139.4b | ج.م167.6b | ج.م28.7b | 7.7x | 4.9x | 0.8x |
| Thu, 27 Oct 2022 | ج.م117.6b | ج.م166.0b | ج.م27.6b | 7.3x | 4.3x | 0.7x |
| Sat, 24 Sep 2022 | ج.م104.2b | ج.م163.3b | ج.م25.7b | 7.4x | 4.1x | 0.6x |
| Mon, 22 Aug 2022 | ج.م101.9b | ج.م154.9b | ج.م24.0b | 8x | 4.2x | 0.7x |
| Wed, 20 Jul 2022 | ج.م88.0b | ج.م154.2b | ج.م24.1b | 7.1x | 3.7x | 0.6x |
| Fri, 17 Jun 2022 | ج.م99.7b | ج.م145.2b | ج.م19.2b | 7.9x | 5.2x | 0.7x |
| Sun, 15 May 2022 | ج.م109.9b | ج.م135.0b | ج.م17.8b | 7.8x | 6.2x | 0.8x |
| Tue, 12 Apr 2022 | ج.م98.6b | ج.م135.0b | ج.م17.7b | 6.9x | 5.6x | 0.7x |
| Thu, 10 Mar 2022 | ج.م87.3b | ج.م72.1b | ج.م11.4b | 8.3x | 7.6x | 1.2x |
| Sat, 05 Feb 2022 | ج.م86.3b | ج.م66.6b | ج.م9.0b | 9.6x | 9.5x | 1.3x |
| Mon, 03 Jan 2022 | ج.م86.9b | ج.م66.3b | ج.م8.5b | 9.5x | 10.2x | 1.3x |
| Wed, 01 Dec 2021 | ج.م80.9b | ج.م63.2b | ج.م7.3b | 9.5x | 11.2x | 1.3x |
| Fri, 29 Oct 2021 | ج.م90.3b | ج.م60.0b | ج.م7.9b | 12.5x | 11.5x | 1.5x |
| Sun, 26 Sep 2021 | ج.م85.8b | ج.م58.7b | ج.م7.1b | 10.6x | 12.2x | 1.5x |
| Tue, 24 Aug 2021 | ج.م83.0b | ج.م56.5b | ج.م6.0b | 11.3x | 13.8x | 1.5x |
| Wed, 30 Jun 2021 | ج.م78.8b | ج.م56.5b | ج.م6.0b | 9.9x | 13.1x | 1.4x |
| Sat, 03 Apr 2021 | ج.م80.5b | ج.م54.8b | ج.م4.5b | 10.8x | 17.8x | 1.5x |
| Tue, 05 Jan 2021 | ج.م73.5b | ج.م53.4b | ج.م2.8b | 11.5x | 26.2x | 1.4x |
| Fri, 09 Oct 2020 | ج.م66.4b | ج.م52.2b | ج.م2.0b | 11.1x | 33.7x | 1.3x |
| Thu, 02 Jul 2020 | ج.م52.2b | ج.م54.7b | ج.م2.1b | 9.3x | 25.4x | 1x |
| Sun, 05 Apr 2020 | ج.م51.3b | ج.م60.0b | ج.م3.4b | 9.1x | 15.2x | 0.9x |
| Wed, 08 Jan 2020 | ج.م72.5b | ج.م63.6b | ج.م4.3b | 12.2x | 16.8x | 1.1x |
Price to Earnings Ratio
14.5x
Current Industry PE
- Investors are pessimistic on the Egyptian Materials 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 4.9x which is lower than its 3-year average PE of 15.8x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.83x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 70% per year over the last three years.
- Revenues for these companies have grown 16% 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 Materials sector?
| EG Market | 4.41% | |
| Materials | 3.59% | |
| Chemicals | 5.23% | |
| Basic Materials | 2.07% | |
| Paper and Forestry Products | 0% | |
| Metals and Mining | -1.49% | |
| Packaging | -1.84% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 3.3x.
- Analysts are expecting annual earnings growth of 27.1%, which is lower than the prior year's growth of 146.8% per year.
- Investors are most pessimistic about the Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 27% over the next 5 years.
- However this is lower than its past earnings growth rate of 147% per year.
- In contrast, the Chemicals industry is expected to see its earnings decline by 4.2% 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 | |
|---|---|---|---|---|---|
| ABUK Abu Qir Fertilizers and Chemical Industries (S.A.E.) | ج.م32.50 | 5.7% +ج.م2.2b | 73.5% | PE5.4x | |
| EGCH Egyptian Chemical Industries | ج.م6.10 | 35.9% +ج.م1.9b | 91.2% | PE11.1x | |
| MFPC Misr Fertilizer Production | ج.م132.98 | 6.5% +ج.م1.9b | 40.1% | PE4.8x | |
| IRON Egyptian Iron and Steel | ج.م7.09 | 10.1% +ج.م635.0m | 110.4% | n/a | |
| AMOC Alexandria Mineral Oils | ج.م4.68 | 11.2% +ج.م607.0m | 36.8% | PE5.7x |