Moroccan (MASI) Food Industry Analysis
UpdatedSep 20, 2023
DataAggregated Company Financials
Companies6
- 7D2.9%
- 3M4.7%
- 1Y-4.6%
- YTD8.4%
The Food industry has stayed flat over the last week. Unfortunately though, the industry is down 6.1% over the past 12 months. Earnings are forecast to grow by 6.1% annually.
Industry Valuation and Performance
Has the Moroccan Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | د.م31.7b | د.م23.0b | د.م1.1b | 23x | 28.4x | 1.4x |
| Sat, 19 Aug 2023 | د.م32.1b | د.م22.9b | د.م1.1b | 24x | 29x | 1.4x |
| Mon, 17 Jul 2023 | د.م30.8b | د.م22.9b | د.م1.1b | 22.5x | 27.8x | 1.3x |
| Wed, 14 Jun 2023 | د.م29.7b | د.م13.6b | د.م800.4m | 21.3x | 37.1x | 2.2x |
| Fri, 12 May 2023 | د.م29.3b | د.م13.6b | د.م800.4m | 20.9x | 36.7x | 2.1x |
| Sun, 09 Apr 2023 | د.م28.4b | د.م12.4b | د.م661.1m | 23.9x | 42.9x | 2.3x |
| Tue, 07 Mar 2023 | د.م28.8b | د.م12.4b | د.م661.1m | 24.6x | 43.6x | 2.3x |
| Thu, 02 Feb 2023 | د.م28.0b | د.م12.4b | د.م661.1m | 23.7x | 42.4x | 2.2x |
| Sat, 31 Dec 2022 | د.م29.4b | د.م12.2b | د.م686.6m | 26.1x | 42.9x | 2.4x |
| Mon, 28 Nov 2022 | د.م28.5b | د.م17.8b | د.م887.0m | 31x | 32.2x | 1.6x |
| Wed, 26 Oct 2022 | د.م28.9b | د.م17.8b | د.م887.0m | 31.1x | 32.6x | 1.6x |
| Fri, 23 Sep 2022 | د.م32.9b | د.م17.5b | د.م949.6m | 34.6x | 34.7x | 1.9x |
| Sun, 21 Aug 2022 | د.م31.7b | د.م17.5b | د.م949.6m | 34.1x | 33.4x | 1.8x |
| Tue, 19 Jul 2022 | د.م31.0b | د.م17.5b | د.م949.6m | 30.4x | 32.7x | 1.8x |
| Thu, 16 Jun 2022 | د.م31.3b | د.م18.2b | د.م1.0b | 29.9x | 31.1x | 1.7x |
| Sat, 14 May 2022 | د.م33.4b | د.م18.2b | د.م1.0b | 32.7x | 33.1x | 1.8x |
| Mon, 11 Apr 2022 | د.م33.1b | د.م18.6b | د.م1.2b | 30.4x | 28.4x | 1.8x |
| Wed, 09 Mar 2022 | د.م32.8b | د.م18.6b | د.م1.2b | 28.8x | 28.1x | 1.8x |
| Fri, 04 Feb 2022 | د.م36.5b | د.م18.6b | د.م1.2b | 30x | 31x | 2x |
| Sun, 02 Jan 2022 | د.م35.4b | د.م19.8b | د.م1.2b | 29.3x | 30.1x | 1.8x |
| Tue, 30 Nov 2021 | د.م34.6b | د.م19.8b | د.م1.2b | 28.8x | 29.5x | 1.8x |
| Thu, 28 Oct 2021 | د.م35.7b | د.م19.8b | د.م1.2b | 30.2x | 30.4x | 1.8x |
| Sat, 25 Sep 2021 | د.م36.5b | د.م19.3b | د.م1.1b | 31.7x | 33.6x | 1.9x |
| Mon, 23 Aug 2021 | د.م36.0b | د.م19.3b | د.م1.1b | 31.2x | 33.1x | 1.9x |
| Sat, 10 Jul 2021 | د.م36.3b | د.م19.3b | د.م1.1b | 31.3x | 33.4x | 1.9x |
| Fri, 02 Apr 2021 | د.م32.8b | د.م19.3b | د.م1.1b | 28.2x | 30.1x | 1.7x |
| Mon, 04 Jan 2021 | د.م29.5b | د.م19.3b | د.م1.1b | 25.1x | 27.1x | 1.5x |
| Thu, 08 Oct 2020 | د.م27.7b | د.م19.1b | د.م1.1b | 23.6x | 24.6x | 1.4x |
Price to Earnings Ratio
24.6x
Current Industry PE
- Investors are pessimistic on the Moroccan Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 28.4x which is lower than its 3-year average PE of 32.2x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Food industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Moroccan Consumer Staples industry?
| MA Market | 0.29% | |
| Consumer Staples | -0.085% | |
| Food | 2.86% | |
| Packaged Foods and Meats | 2.86% | |
| Agricultural Products | 0% | |
Industry PE
- Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 32.2x.
- Analysts are expecting annual earnings growth of 6.1%, which is lower than the prior year's growth of 47.1% per year.
- Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 32.2x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 6.1% over the next 5 years.
- However this is lower than its past earnings growth rate of 47% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 6.1% 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 | |
|---|---|---|---|---|---|
| LES Lesieur Cristal | د.م270.00 | 8.0% +د.م552.6m | 6.3% | PE36.2x | |
| MUT Mutandis | د.م242.00 | 1.3% +د.م27.7m | 3.9% | PE20.3x |