Egyptian (OMX) Materials Sector Analysis
- 7D-0.6%
- 3M-1.5%
- 1Y25.3%
- YTD20.8%
Over the last 7 days, the Materials industry has remained flat, although notably Egyptian Iron and Steel gained 27%. As for the the longer term, the industry is up 25% over the past 12 months.
Sector Valuation and Performance
Has the Egyptian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| 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 |
8x
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.
Industry Trends
Which industries have driven the changes within the Egyptian Materials sector?
| Basic Materials | 4.61% | |
| Metals and Mining | 2.28% | |
| Chemicals | -1.14% | |
| Packaging | -8.96% | |
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.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| MFPC Misr Fertilizer Production | 3.2%+ج.م675.9m | 84.6% | PE6.3x | |
| IRON Egyptian Iron and Steel | 20.9%+ج.م595.9m | 4.7% | PS3.4x | |
| ISMQ Iron & Steel for Mines & Quarries | 30.0%+ج.م468.9m | n/a | n/a | |
| ESRS Ezz Steel | 5.4%+ج.م357.0m | 74.3% | PE3.3x | |
| ATQA Misr National Steel - Ataqa | 15.1%+ج.م182.4m | -11.7% | PE34x |