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Moroccan (MASI) Financials Sector Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies17
  • 7D0.7%
  • 3M-2.6%
  • 1Y18.2%
  • YTD17.0%

The Financials industry is up 1.7% in the last week, with Attijariwafa bank up 3.9%. In the last 12 months, the industry was up 19%. As for the next few years, earnings are expected to grow by 7.7% per annum.

Sector Valuation and Performance

Has the Moroccan Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025د.م359.3bد.م117.6bد.م23.8b15.3x15.1x3.1x
Sat, 22 Nov 2025د.م336.8bد.م116.9bد.م23.7b15.6x14.2x2.9x
Mon, 20 Oct 2025د.م342.1bد.م116.4bد.م23.5b15.7x14.6x2.9x
Wed, 17 Sep 2025د.م365.7bد.م114.2bد.م23.2b20x15.8x3.2x
Fri, 15 Aug 2025د.م369.9bد.م114.2bد.م23.2b18.7x15.9x3.2x
Sun, 13 Jul 2025د.م355.9bد.م113.2bد.م22.6b18.6x15.8x3.1x
Tue, 10 Jun 2025د.م343.8bد.م113.2bد.م22.6b19.7x15.2x3x
Thu, 08 May 2025د.م323.9bد.م111.1bد.م21.7b18.6x14.9x2.9x
Sat, 05 Apr 2025د.م320.5bد.م109.0bد.م21.1b18.5x15.2x2.9x
Mon, 03 Mar 2025د.م317.5bد.م106.5bد.م20.1b19.2x15.8x3x
Wed, 29 Jan 2025د.م316.3bد.م106.5bد.م20.1b19.2x15.7x3x
Fri, 27 Dec 2024د.م296.5bد.م106.4bد.م20.1b17.2x14.7x2.8x
Sun, 24 Nov 2024د.م302.9bد.م106.0bد.م19.7b18.5x15.4x2.9x
Tue, 22 Oct 2024د.م289.8bد.م106.0bد.م19.7b19x14.7x2.7x
Thu, 19 Sep 2024د.م293.2bد.م102.3bد.م18.4b18.9x15.9x2.9x
Sat, 17 Aug 2024د.م295.1bد.م102.1bد.م18.4b19x16.1x2.9x
Mon, 15 Jul 2024د.م287.5bد.م102.1bد.م18.3b19.3x15.7x2.8x
Wed, 12 Jun 2024د.م281.3bد.م102.1bد.م18.3b19.4x15.3x2.8x
Fri, 10 May 2024د.م285.3bد.م100.3bد.م17.4b20.3x16.4x2.8x
Sun, 07 Apr 2024د.م279.9bد.م100.3bد.م17.4b19.5x16.1x2.8x
Tue, 05 Mar 2024د.م278.9bد.م97.6bد.م17.3b19.7x16.1x2.9x
Thu, 01 Feb 2024د.م269.0bد.م97.5bد.م17.3b19.3x15.6x2.8x
Sat, 30 Dec 2023د.م257.6bد.م97.0bد.م17.3b19x14.9x2.7x
Mon, 27 Nov 2023د.م250.5bد.م90.6bد.م15.7b18.7x15.9x2.8x
Wed, 25 Oct 2023د.م254.1bد.م87.9bد.م14.5b19.9x17.6x2.9x
Fri, 22 Sep 2023د.م244.0bد.م86.9bد.م14.0b20.5x17.4x2.8x
Sun, 20 Aug 2023د.م244.6bد.م79.8bد.م12.8b20.9x19.1x3.1x
Tue, 18 Jul 2023د.م237.9bد.م79.8bد.م12.8b20x18.6x3x
Thu, 15 Jun 2023د.م234.5bد.م86.4bد.م12.9b20.4x18.1x2.7x
Sat, 13 May 2023د.م222.0bد.م86.4bد.م12.9b20.9x17.2x2.6x
Mon, 10 Apr 2023د.م219.2bد.م86.0bد.م12.9b20.7x17x2.5x
Wed, 08 Mar 2023د.م217.5bد.م83.6bد.م12.6b21.4x17.2x2.6x
Fri, 03 Feb 2023د.م201.6bد.م83.6bد.م12.6b20.7x15.9x2.4x
Sun, 01 Jan 2023د.م214.5bد.م83.6bد.م12.6b21.4x17x2.6x
Price to Earnings Ratio

17x


Total Market Cap: د.م214.5bTotal Earnings: د.م12.6bTotal Revenue: د.م83.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Financials Sector Price to Earnings3Y Average 16.1x202320242025
Current Industry PE
  • Investors are relatively neutral on the Moroccan Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 16.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Moroccan Financials sector?

MA Market1.78%
Financials0.70%
Insurance6.19%
Banks0.17%
Capital Markets0%0
Consumer Finance-0.13%
Diversified Financial-6.02%
Industry PE
  • Investors are most optimistic about the Consumer Finance industry which is trading above its 3-year average PE ratio of 28.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 51% over the next 5 years.
  • In contrast, the Insurance industry is expected to see its earnings grow by 4.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ATW Attijariwafa bankد.م750.001.6%
+د.م2.4b
31.7%PB2.3x
SAH Sanlam Marocد.م2.30k20.4%
+د.م1.6b
23.3%PE13.9x
BCP Banque Centrale Populaireد.م291.001.4%
+د.م812.6m
3.9%PB1.5x
ATL AtlantaSanad Société Anonymeد.م154.006.9%
+د.م602.8m
18.5%PE19.4x
BCI Banque Marocaine pour le Commerce et l'Industrieد.م639.000.9%
+د.م79.7m
10.6%PB1.1x

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