Have your own idea? Try our Stock Screener
Moroccan (MASI) Financials Sector Analysis
UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies16
- 7D0.2%
- 3M6.0%
- 1Y15.1%
- YTD6.8%
In the last week, the Financials industry is flat overall, with Bank of Africa standing out by going down 4.3%. As for the the longer term, the industry is up 15% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.
Sector Valuation and Performance
Has the Moroccan Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Feb 2025 | د.م320.7b | د.م106.5b | د.م20.1b | 19.7x | 15.9x | 3x |
| Tue, 14 Jan 2025 | د.م317.0b | د.م106.2b | د.م20.0b | 18.1x | 15.8x | 3x |
| Thu, 12 Dec 2024 | د.م298.2b | د.م106.4b | د.م20.1b | 17.3x | 14.8x | 2.8x |
| Sat, 09 Nov 2024 | د.م299.4b | د.م106.0b | د.م19.7b | 18.7x | 15.2x | 2.8x |
| Mon, 07 Oct 2024 | د.م289.4b | د.م105.2b | د.م19.6b | 18.5x | 14.8x | 2.8x |
| Wed, 04 Sep 2024 | د.م293.8b | د.م102.3b | د.م18.4b | 18.7x | 16x | 2.9x |
| Fri, 02 Aug 2024 | د.م295.7b | د.م102.3b | د.م18.4b | 18.8x | 16.1x | 2.9x |
| Sun, 30 Jun 2024 | د.م282.8b | د.م102.1b | د.م18.3b | 19x | 15.4x | 2.8x |
| Tue, 28 May 2024 | د.م283.4b | د.م100.3b | د.م17.4b | 19.8x | 16.3x | 2.8x |
| Thu, 25 Apr 2024 | د.م279.3b | د.م100.3b | د.م17.4b | 19.2x | 16.1x | 2.8x |
| Sat, 23 Mar 2024 | د.م277.8b | د.م98.2b | د.م17.7b | 19.1x | 15.7x | 2.8x |
| Mon, 19 Feb 2024 | د.م278.2b | د.م97.5b | د.م17.3b | 19.3x | 16.1x | 2.9x |
| Wed, 17 Jan 2024 | د.م264.9b | د.م97.0b | د.م17.3b | 18.7x | 15.3x | 2.7x |
| Fri, 15 Dec 2023 | د.م252.4b | د.م94.0b | د.م15.7b | 19.9x | 16.1x | 2.7x |
| Sun, 12 Nov 2023 | د.م248.9b | د.م88.3b | د.م14.6b | 19.4x | 17.1x | 2.8x |
| Tue, 10 Oct 2023 | د.م254.9b | د.م87.6b | د.م14.1b | 20.6x | 18.1x | 2.9x |
| Thu, 07 Sep 2023 | د.م242.9b | د.م85.2b | د.م13.2b | 19.9x | 18.5x | 2.9x |
| Sat, 05 Aug 2023 | د.م247.0b | د.م79.8b | د.م12.8b | 21.9x | 19.3x | 3.1x |
| Mon, 03 Jul 2023 | د.م242.4b | د.م79.8b | د.م12.8b | 20x | 19x | 3x |
| Wed, 31 May 2023 | د.م229.3b | د.م86.4b | د.م12.9b | 20.8x | 17.7x | 2.7x |
| Fri, 28 Apr 2023 | د.م219.8b | د.م86.4b | د.م12.9b | 20.8x | 17x | 2.5x |
| Sun, 26 Mar 2023 | د.م219.3b | د.م84.9b | د.م12.9b | 21.6x | 17x | 2.6x |
| Tue, 21 Feb 2023 | د.م213.4b | د.م83.6b | د.م12.6b | 20.5x | 16.9x | 2.6x |
| Thu, 19 Jan 2023 | د.م204.9b | د.م83.6b | د.م12.6b | 20.4x | 16.2x | 2.5x |
| Sat, 17 Dec 2022 | د.م216.0b | د.م87.0b | د.م12.7b | 21.8x | 17x | 2.5x |
| Mon, 14 Nov 2022 | د.م201.9b | د.م86.4b | د.م12.4b | 20.8x | 16.3x | 2.3x |
| Wed, 12 Oct 2022 | د.م228.7b | د.م86.3b | د.م12.8b | 21.7x | 17.8x | 2.7x |
| Fri, 09 Sep 2022 | د.م232.9b | د.م85.9b | د.م12.8b | 23.2x | 18.3x | 2.7x |
| Sun, 07 Aug 2022 | د.م231.3b | د.م85.9b | د.م12.8b | 23x | 18.1x | 2.7x |
| Tue, 05 Jul 2022 | د.م231.2b | د.م85.9b | د.م12.8b | 21.2x | 18.1x | 2.7x |
| Thu, 02 Jun 2022 | د.م238.9b | د.م84.0b | د.م12.9b | 19.6x | 18.5x | 2.8x |
| Sat, 30 Apr 2022 | د.م252.4b | د.م83.2b | د.م12.7b | 20.3x | 20x | 3x |
| Mon, 28 Mar 2022 | د.م251.3b | د.م82.1b | د.م12.4b | 21.9x | 20.2x | 3.1x |
| Wed, 23 Feb 2022 | د.م266.7b | د.م81.7b | د.م12.2b | 22.8x | 21.9x | 3.3x |
Price to Earnings Ratio
21.9x
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 17.1x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 9.2% 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 Market | 1.08% | |
| Financials | 0.24% | |
| Insurance | 1.44% | |
| Banks | 0.25% | |
| Mortgage Finance | 0% | 0 |
| Mortgage REITs | 0% | 0 |
| Capital Markets | 0% | 0 |
| Diversified Financial | -1.96% | |
| Consumer Finance | -6.78% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 42.7x.
- Analysts are expecting annual earnings growth of 16.7%, which is higher than its past year's earnings decline of 0.6% per year.
- Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 16.6x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 0.6% per year.
- In contrast, the Insurance industry is expected to see its earnings grow by 7.7% 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 | |
|---|---|---|---|---|---|
| ATW Attijariwafa bank | د.م645.00 | 2.6% +د.م3.3b | 27.7% | PB2.2x | |
| SAH Sanlam Maroc | د.م2.00k | 10.5% +د.م782.2m | 51.5% | PE14.7x | |
| CDM Crédit du Maroc | د.م1.15k | 1.8% +د.م217.6m | 32.9% | PB1.7x | |
| WAA Wafa Assurance | د.م4.45k | 0.5% +د.م70.0m | 5.5% | PE20.4x | |
| BCI Banque Marocaine pour le Commerce et l'Industrie | د.م635.00 | 0.4% +د.م31.9m | 12.4% | PB1.2x |