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Jordanian (Amman SE) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies158
  • 7D0.6%
  • 3M2.7%
  • 1Y-8.7%
  • YTD2.2%

The market has been flat in the last week, however the Information Technology sector is down 9.8%. Unfortunately though, the market is down 11% over the past year. Earnings are forecast to grow by 6.8% annually.

Market Valuation and Performance

Has the Jordanian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024د.أ17.1bد.أ12.3bد.أ2.2b13.8x7.9x1.4x
Thu, 15 Feb 2024د.أ16.9bد.أ12.2bد.أ2.2b13.8x7.8x1.4x
Sat, 13 Jan 2024د.أ17.3bد.أ12.2bد.أ2.1b13.7x8.1x1.4x
Mon, 11 Dec 2023د.أ16.7bد.أ12.2bد.أ2.1b13.4x7.8x1.4x
Wed, 08 Nov 2023د.أ16.6bد.أ12.2bد.أ2.1b12.5x7.8x1.4x
Fri, 06 Oct 2023د.أ17.0bد.أ12.3bد.أ2.3b12.5x7.4x1.4x
Sun, 03 Sep 2023د.أ16.9bد.أ12.3bد.أ2.3b12.1x7.3x1.4x
Tue, 01 Aug 2023د.أ17.2bد.أ12.5bد.أ2.4b12.1x7.1x1.4x
Thu, 29 Jun 2023د.أ17.5bد.أ12.5bد.أ2.4b12.4x7.2x1.4x
Sat, 27 May 2023د.أ17.8bد.أ12.5bد.أ2.4b12x7.3x1.4x
Mon, 24 Apr 2023د.أ17.8bد.أ12.3bد.أ2.5b12.2x7.2x1.4x
Wed, 22 Mar 2023د.أ18.8bد.أ12.3bد.أ2.5b12.5x7.5x1.5x
Fri, 17 Feb 2023د.أ19.8bد.أ12.2bد.أ2.5b13.1x8x1.6x
Sun, 15 Jan 2023د.أ19.3bد.أ11.8bد.أ2.4b12.4x8x1.6x
Tue, 13 Dec 2022د.أ18.1bد.أ11.6bد.أ2.4b11.9x7.6x1.6x
Thu, 10 Nov 2022د.أ17.6bد.أ11.6bد.أ2.3b11.7x7.5x1.5x
Sat, 08 Oct 2022د.أ18.1bد.أ10.5bد.أ1.8b13.6x10x1.7x
Mon, 05 Sep 2022د.أ18.6bد.أ10.4bد.أ1.8b13.9x10.3x1.8x
Wed, 03 Aug 2022د.أ18.6bد.أ10.0bد.أ1.6b13.6x11.4x1.9x
Fri, 01 Jul 2022د.أ18.2bد.أ9.8bد.أ1.6b13.7x11.4x1.9x
Sun, 29 May 2022د.أ18.5bد.أ9.7bد.أ1.6b13.7x11.7x1.9x
Tue, 26 Apr 2022د.أ17.7bد.أ9.3bد.أ1.3b14.5x13.2x1.9x
Thu, 24 Mar 2022د.أ16.7bد.أ9.2bد.أ1.3b13.6x12.4x1.8x
Sat, 19 Feb 2022د.أ15.5bد.أ8.8bد.أ1.2b13.6x13.3x1.8x
Mon, 17 Jan 2022د.أ15.7bد.أ8.7bد.أ1.1b13.9x14.3x1.8x
Wed, 15 Dec 2021د.أ15.1bد.أ8.6bد.أ1.1b13.3x14.1x1.8x
Fri, 12 Nov 2021د.أ15.3bد.أ12.6bد.أ2.6b13.4x5.8x1.2x
Sun, 10 Oct 2021د.أ15.4bد.أ8.1bد.أ909.0m13.4x16.9x1.9x
Tue, 07 Sep 2021د.أ15.1bد.أ8.1bد.أ911.7m13.4x16.6x1.9x
Thu, 05 Aug 2021د.أ15.2bد.أ8.2bد.أ876.7m13.5x17.4x1.9x
Sun, 09 May 2021د.أ12.8bد.أ7.6bد.أ635.6m14.1x20.1x1.7x
Price to Earnings Ratio

20.1x


Total Market Cap: د.أ12.8bTotal Earnings: د.أ634.2mTotal Revenue: د.أ7.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Jordanian Market Price to Earnings3Y Average 11.4x202220232024
Current Market PE
  • Investors are pessimistic on the Jordanian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 7.8x which is lower than its 3-year average PE of 11.4x.
Past Earnings Growth
  • The earnings for Jordanian listed companies have grown 51% per year over the last three years.
  • Revenues for these companies have grown 17% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Jordanian Market?

JO Market0.60%
Utilities0.98%
Healthcare0.97%
Financials0.85%
Materials0.76%
Consumer Discretionary0.45%
Energy-0.19%
Industrials-0.45%
Telecom-0.72%
Real Estate-0.75%
Consumer Staples-2.96%
Tech-12.29%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth which is trading above its 3-year average PE ratio.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 6.8% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Financials sector is expected to see its earnings grow by 6.8% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
ARBK Arab Bank Groupد.أ4.742.2%
+د.أ64.1m
-0.4%PB0.4xFinancials
JOPH Jordan Phosphate Minesد.أ11.671.0%
+د.أ29.7m
-14.4%PE6.5xMaterials
APOT Arab Potashد.أ25.800.4%
+د.أ8.3m
-34.8%PE5.9xMaterials
JDFS Jordanian Duty Free Shopsد.أ7.953.9%
+د.أ6.8m
-8.6%PE23.6xConsumer Discretionary
JOKB Jordan Kuwait Bankد.أ2.341.7%
+د.أ6.0m
26.5%PB0.6xFinancials
See more
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Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

SNRA

د.أ4.30

Siniora Food Industries

7D

-4.4%

1Y

-14.0%

JOKB

د.أ2.34

Jordan Kuwait Bank

7D

1.7%

1Y

26.5%

JDFS

د.أ7.95

Jordanian Duty Free Shops

7D

3.9%

1Y

-8.6%

CAPL

د.أ2.04

Capital Bank of Jordan

7D

0.5%

1Y

-15.7%

AJIB

د.أ1.33

Arab Jordan Investment Bank

7D

-0.7%

1Y

-0.7%

ARBK

د.أ4.74

Arab Bank Group

7D

2.2%

1Y

-0.4%

OFTC

د.أ0.38

Offtec Holding Group Company (P.L.C.)

7D

-17.4%

1Y

35.7%

JOEP

د.أ2.02

Jordan Electric Power

7D

-1.0%

1Y

2.5%

APOT

د.أ25.80

Arab Potash

7D

0.4%

1Y

-34.8%

IREL

د.أ10.25

Irbid District Electricity

7D

3.6%

1Y

4.7%

JOPH

د.أ11.67

Jordan Phosphate Mines

7D

1.0%

1Y

-14.4%

UBSI

د.أ1.92

Bank al Etihad

7D

-1.0%

1Y

15.9%

JTEL

د.أ2.77

Jordan Telecommunications

7D

-0.7%

1Y

15.4%

BOJX

د.أ2.34

Bank of Jordan

7D

-0.4%

1Y

0%

AEIV

د.أ1.00

Arab East Investment

7D

-2.9%

1Y

56.3%