Has the Egyptian Materials Sector valuation changed over the past few years?
|Wed, 01 Dec 2021||ج.م80.9b||ج.م63.2b||ج.م7.3b||9.5x|
|Fri, 29 Oct 2021||ج.م90.3b||ج.م60.0b||ج.م7.9b||12.5x|
|Sun, 26 Sep 2021||ج.م85.8b||ج.م58.7b||ج.م7.1b||10.6x|
|Tue, 24 Aug 2021||ج.م83.0b||ج.م56.5b||ج.م6.0b||11.3x|
|Wed, 30 Jun 2021||ج.م78.8b||ج.م56.5b||ج.م6.0b||9.9x|
|Sat, 03 Apr 2021||ج.م80.5b||ج.م54.8b||ج.م4.5b||10.8x|
|Tue, 05 Jan 2021||ج.م73.5b||ج.م53.4b||ج.م2.8b||11.5x|
|Fri, 09 Oct 2020||ج.م66.4b||ج.م52.2b||ج.م2.0b||11.1x|
|Thu, 02 Jul 2020||ج.م52.2b||ج.م54.7b||ج.م2.1b||9.3x|
|Sun, 05 Apr 2020||ج.م51.3b||ج.م60.0b||ج.م3.4b||9.1x|
|Wed, 08 Jan 2020||ج.م72.5b||ج.م63.6b||ج.م4.3b||12.2x|
|Tue, 01 Oct 2019||ج.م81.4b||ج.م108.7b||ج.م5.8b||11.5x|
|Fri, 05 Jul 2019||ج.م101.5b||ج.م163.9b||ج.م4.6b||11.8x|
|Mon, 08 Apr 2019||ج.م123.0b||ج.م165.0b||ج.م7.8b||10.9x|
|Thu, 10 Jan 2019||ج.م119.6b||ج.م165.7b||ج.م10.8b||8.4x|
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 10.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Materials industry have declined 12% per year over the last three years, and revenues have also declined 27% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Which industries have driven the changes within the Egyptian Materials sector?
|Metals and Mining||2.28%|
Industry PE: Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 17.3x. However analysts are expecting annual earnings growth of 42%, which is lower than the prior year's growth of 49% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Chemicals industry, which is trading below its 3-year average of 9.4x.
Forecasted Growth: Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 45% over the next 5 years. However this is lower than its past earnings growth rate of 160% per year. Meanwhile, the Chemicals industry is expected to see its earnings growth to stay flat over the next few years.
Which companies have driven the market over the last 7 days?
Sidi Kerir Petrochemicals
Universal For Paper and Packaging Materials
Misr National Steel - Ataqa
Alexandria Mineral Oils
Misr Fertilizer Production
Misr Beni Suef CementE
Egyptian Iron and Steel