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Jordanian (Amman SE) Market Analysis & Valuation
UpdatedSep 15, 2024
DataAggregated Company Financials
Companies149
- 7D-0.1%
- 3M0.6%
- 1Y0.06%
- YTD-1.2%
The market has been flat over the last week. As for the longer term, the market has also been flat over the past year. Earnings are forecast to grow by 4.5% annually.
Market Valuation and Performance
Has the Jordanian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 16 Sep 2024 | د.أ16.6b | د.أ12.3b | د.أ2.1b | 12.4x | 8x | 1.3x |
| Wed, 14 Aug 2024 | د.أ16.4b | د.أ12.1b | د.أ2.1b | 11.8x | 7.9x | 1.4x |
| Fri, 12 Jul 2024 | د.أ16.5b | د.أ12.2b | د.أ2.1b | 12.9x | 8x | 1.4x |
| Sun, 09 Jun 2024 | د.أ16.6b | د.أ12.2b | د.أ2.1b | 13.1x | 8x | 1.4x |
| Tue, 07 May 2024 | د.أ16.0b | د.أ12.1b | د.أ2.1b | 12.4x | 7.7x | 1.3x |
| Thu, 04 Apr 2024 | د.أ16.7b | د.أ12.3b | د.أ2.2b | 13.2x | 7.7x | 1.4x |
| Sat, 02 Mar 2024 | د.أ16.8b | د.أ12.3b | د.أ2.2b | 13.1x | 7.8x | 1.4x |
| Mon, 29 Jan 2024 | د.أ17.2b | د.أ12.2b | د.أ2.1b | 14x | 8.1x | 1.4x |
| Wed, 27 Dec 2023 | د.أ17.0b | د.أ12.2b | د.أ2.1b | 13.3x | 7.9x | 1.4x |
| Fri, 24 Nov 2023 | د.أ16.8b | د.أ12.2b | د.أ2.1b | 13.2x | 7.8x | 1.4x |
| Sun, 22 Oct 2023 | د.أ17.0b | د.أ12.3b | د.أ2.3b | 13.3x | 7.4x | 1.4x |
| Tue, 19 Sep 2023 | د.أ16.8b | د.أ12.3b | د.أ2.3b | 12.8x | 7.3x | 1.4x |
| Thu, 17 Aug 2023 | د.أ16.9b | د.أ12.3b | د.أ2.3b | 12.1x | 7.3x | 1.4x |
| Sat, 15 Jul 2023 | د.أ17.1b | د.أ12.5b | د.أ2.4b | 12.4x | 7x | 1.4x |
| Mon, 12 Jun 2023 | د.أ18.0b | د.أ12.5b | د.أ2.4b | 12.2x | 7.4x | 1.4x |
| Wed, 10 May 2023 | د.أ17.3b | د.أ12.4b | د.أ2.4b | 12x | 7.1x | 1.4x |
| Fri, 07 Apr 2023 | د.أ17.9b | د.أ12.3b | د.أ2.5b | 13.1x | 7.2x | 1.5x |
| Sun, 05 Mar 2023 | د.أ19.7b | د.أ12.3b | د.أ2.5b | 13.1x | 8x | 1.6x |
| Tue, 31 Jan 2023 | د.أ19.6b | د.أ11.8b | د.أ2.4b | 12.6x | 8.1x | 1.7x |
| Thu, 29 Dec 2022 | د.أ18.0b | د.أ11.6b | د.أ2.4b | 12.2x | 7.6x | 1.5x |
| Sat, 26 Nov 2022 | د.أ17.9b | د.أ11.6b | د.أ2.4b | 11.6x | 7.6x | 1.5x |
| Mon, 24 Oct 2022 | د.أ18.2b | د.أ10.5b | د.أ1.8b | 12.8x | 10x | 1.7x |
| Wed, 21 Sep 2022 | د.أ18.3b | د.أ10.5b | د.أ1.8b | 14.1x | 10.2x | 1.8x |
| Fri, 19 Aug 2022 | د.أ18.7b | د.أ10.4b | د.أ1.8b | 14x | 10.5x | 1.8x |
| Sun, 17 Jul 2022 | د.أ18.9b | د.أ9.8b | د.أ1.6b | 14x | 11.8x | 1.9x |
| Tue, 14 Jun 2022 | د.أ18.2b | د.أ9.8b | د.أ1.6b | 13.6x | 11.3x | 1.9x |
| Thu, 12 May 2022 | د.أ18.5b | د.أ9.7b | د.أ1.6b | 14.3x | 11.6x | 1.9x |
| Sat, 09 Apr 2022 | د.أ17.3b | د.أ9.1b | د.أ1.3b | 14.1x | 12.9x | 1.9x |
| Mon, 07 Mar 2022 | د.أ15.5b | د.أ9.0b | د.أ1.3b | 13.4x | 12.1x | 1.7x |
| Wed, 02 Feb 2022 | د.أ15.5b | د.أ8.7b | د.أ1.1b | 13.8x | 14.1x | 1.8x |
| Fri, 31 Dec 2021 | د.أ15.3b | د.أ8.6b | د.أ1.1b | 13.5x | 14.2x | 1.8x |
| Sun, 28 Nov 2021 | د.أ15.2b | د.أ8.5b | د.أ983.5m | 13.5x | 15.4x | 1.8x |
| Tue, 26 Oct 2021 | د.أ15.4b | د.أ8.1b | د.أ908.6m | 13.9x | 17x | 1.9x |
| Thu, 23 Sep 2021 | د.أ15.2b | د.أ8.2b | د.أ908.9m | 13.5x | 16.7x | 1.9x |
Price to Earnings Ratio
16.7x
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 8.0x which is lower than its 3-year average PE of 9.6x.
Past Earnings Growth
- The earnings for Jordanian listed companies have grown 32% per year over the last three years.
- Revenues for these companies have grown 15% 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 Market | -0.14% | |
| Real Estate | 1.88% | |
| Tech | 0.77% | |
| Materials | 0.47% | |
| Utilities | 0.37% | |
| Healthcare | 0.11% | |
| Energy | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Consumer Staples | -0.0065% | |
| Financials | -0.54% | |
| Industrials | -0.64% | |
| Telecom | -0.68% | |
| Consumer Discretionary | -0.94% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 31.6x.
- 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 Energy sector, expecting annual earnings growth of 6.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 41% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 4.3% 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 | |
|---|---|---|---|---|---|---|
| JOPH Jordan Phosphate Mines | د.أ11.39 | 0.4% +د.أ9.9m | 3.1% | PE6.5x | Materials | |
| MANR Afaq Holding for Investment & Real Estate Development P.L.C | د.أ0.67 | 13.6% +د.أ6.4m | 4.7% | PS0.9x | Materials | |
| JOIB Jordan Islamic Bank | د.أ4.09 | 0.5% +د.أ4.0m | 0.7% | PB1.6x | Financials | |
| AEIV Arab East Investment | د.أ1.14 | 2.7% +د.أ1.4m | 44.3% | PS246.9x | Real Estate | |
| PIEC Philadelphia Int'l Educational Investment Company (PLC) | د.أ1.82 | 5.2% +د.أ1.4m | 21.3% | PE8.6x | Consumer Discretionary |
