Jordanian (Amman SE) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies157
- 7D-1.1%
- 3M18.5%
- 1Y33.8%
- YTD18.9%
Over the last 7 days, the market has dropped 1.1%, driven by a decline of 1.6% in the Financials sector. As for the longer term, the market has actually risen by 34% in the last year. Earnings are forecast to grow by 9.6% annually.
Market Valuation and Performance
Has the Jordanian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | د.أ18.1b | د.أ9.7b | د.أ1.6b | 13.6x |
| Wed, 20 Apr 2022 | د.أ17.8b | د.أ9.3b | د.أ1.3b | 15.2x |
| Fri, 18 Mar 2022 | د.أ16.3b | د.أ9.1b | د.أ1.3b | 13.1x |
| Sun, 13 Feb 2022 | د.أ15.4b | د.أ8.8b | د.أ1.2b | 13.7x |
| Tue, 11 Jan 2022 | د.أ15.6b | د.أ8.6b | د.أ1.1b | 13.6x |
| Thu, 09 Dec 2021 | د.أ15.0b | د.أ8.6b | د.أ1.1b | 13.5x |
| Sat, 06 Nov 2021 | د.أ15.4b | د.أ8.3b | د.أ938.2m | 14.5x |
| Mon, 04 Oct 2021 | د.أ15.4b | د.أ8.1b | د.أ909.0m | 13.4x |
| Wed, 01 Sep 2021 | د.أ15.4b | د.أ8.2b | د.أ876.7m | 13.6x |
| Thu, 08 Jul 2021 | د.أ15.8b | د.أ8.2b | د.أ876.7m | 14.2x |
| Wed, 31 Mar 2021 | د.أ12.8b | د.أ7.6b | د.أ634.2m | 14.1x |
| Sat, 02 Jan 2021 | د.أ12.0b | د.أ7.7b | د.أ503.4m | 15.6x |
| Tue, 06 Oct 2020 | د.أ11.5b | د.أ8.2b | د.أ639.3m | 14.2x |
| Fri, 10 Jul 2020 | د.أ11.5b | د.أ8.6b | د.أ793.8m | 13.1x |
| Thu, 02 Apr 2020 | د.أ12.0b | د.أ9.4b | د.أ1.1b | 13.1x |
| Sun, 05 Jan 2020 | د.أ13.8b | د.أ9.7b | د.أ1.3b | 13.1x |
| Wed, 09 Oct 2019 | د.أ13.9b | د.أ9.5b | د.أ1.3b | 12.5x |
| Tue, 02 Jul 2019 | د.أ14.3b | د.أ9.6b | د.أ1.3b | 14.1x |
Median PE Ratio
14.2x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 13.8x.
Past Earnings Growth
- The earnings for Jordanian listed companies have grown 5.9% per year over the last three years, while revenues have remained steady.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Sector Trends
Which sectors have driven the changes within the Jordanian Market?
| JO Market | -1.07% | |
| Energy | 2.06% | |
| Utilities | 1.13% | |
| Healthcare | 0.46% | |
| Consumer Staples | 0.21% | |
| Materials | -0.57% | |
| Telecom | -1.00% | |
| Financials | -1.60% | |
| Industrials | -1.83% | |
| Real Estate | -2.03% | |
| Consumer Discretionary | -2.16% | |
| Tech | -2.96% | |
Sector PE
- Investors are most optimistic about the Healthcare sector which is trading above its 3-year average PE ratio of 15.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Utilities sector, which is trading below its 3-year average of 22.2x.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 42% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 22% 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 | Sector | |
|---|---|---|---|---|---|---|
| APOT Arab Potash | د.أ44.10 | 2.7% +د.أ95.8m | 77.1% | PS11.4x | Materials | |
| JOPH Jordan Phosphate Mines | د.أ36.90 | 1.8% +د.أ53.6m | 182.3% | PS6.8x | Materials | |
| JOPT Jordan Petroleum Refinery | د.أ5.00 | 9.9% +د.أ45.0m | 54.8% | PS9.6x | Energy | |
| ARBK Arab Bank Group | د.أ4.75 | 1.3% +د.أ38.4m | 1.3% | PB0.4x | Financials | |
| ARGR Arab Jordanian Insurance Group | د.أ0.84 | n/a د.أ8.0m | 9.1% | n/a | Financials |