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Moroccan (MASI) Financials Sector Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies16
  • 7D0.04%
  • 3M1.6%
  • 1Y9.5%
  • YTD11.5%

Over the last 7 days, the Financials industry has remained flat, although notably Banque Marocaine pour le Commerce et l'Industrie declined by 5.0%. As for the the longer term, the industry is up 9.5% over the past 12 months. Earnings are forecast to grow by 7.7% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024د.م289.3bد.م106.0bد.م19.7b18.5x14.7x2.7x
Thu, 12 Sep 2024د.م290.1bد.م102.3bد.م18.4b18.5x15.8x2.8x
Sat, 10 Aug 2024د.م292.5bد.م102.1bد.م18.4b19x15.9x2.9x
Mon, 08 Jul 2024د.م286.2bد.م102.1bد.م18.3b20x15.6x2.8x
Wed, 05 Jun 2024د.م281.5bد.م102.1bد.م18.3b19.4x15.4x2.8x
Fri, 03 May 2024د.م278.8bد.م100.3bد.م17.4b19.4x16x2.8x
Sun, 31 Mar 2024د.م279.7bد.م97.8bد.م17.1b19.5x16.3x2.9x
Tue, 27 Feb 2024د.م283.3bد.م97.5bد.م17.3b19.4x16.4x2.9x
Thu, 25 Jan 2024د.م270.9bد.م97.0bد.م17.3b19.2x15.7x2.8x
Sat, 23 Dec 2023د.م259.8bد.م95.4bد.م16.5b19x15.7x2.7x
Mon, 20 Nov 2023د.م249.8bد.م88.3bد.م14.6b19x17.2x2.8x
Wed, 18 Oct 2023د.م253.3bد.م87.6bد.م14.1b20.2x18x2.9x
Fri, 15 Sep 2023د.م240.7bد.م85.2bد.م13.2b20.5x18.3x2.8x
Sun, 13 Aug 2023د.م244.0bد.م79.8bد.م12.8b21.5x19.1x3.1x
Tue, 11 Jul 2023د.م239.7bد.م79.8bد.م12.8b20.2x18.7x3x
Thu, 08 Jun 2023د.م230.4bد.م86.5bد.م12.9b20.7x17.8x2.7x
Sat, 06 May 2023د.م218.5bد.م86.4bد.م12.9b20.7x16.9x2.5x
Mon, 03 Apr 2023د.م218.5bد.م84.6bد.م12.6b21.4x17.3x2.6x
Wed, 01 Mar 2023د.م225.7bد.م83.6bد.م12.6b20.9x17.9x2.7x
Fri, 27 Jan 2023د.م197.6bد.م83.6bد.م12.6b20.4x15.6x2.4x
Sun, 25 Dec 2022د.م216.0bد.م87.0bد.م12.7b21.6x17x2.5x
Tue, 22 Nov 2022د.م212.5bد.م86.6bد.م12.5b21.2x17x2.5x
Thu, 20 Oct 2022د.م218.3bد.م85.8bد.م12.2b21.6x17.9x2.5x
Sat, 17 Sep 2022د.م235.9bد.م85.9bد.م12.8b23.4x18.5x2.7x
Mon, 15 Aug 2022د.م236.1bد.م85.9bد.م12.8b22.2x18.5x2.7x
Wed, 13 Jul 2022د.م231.7bد.م85.9bد.م12.8b21.5x18.2x2.7x
Fri, 10 Jun 2022د.م244.9bد.م85.2bد.م12.4b21.6x19.8x2.9x
Sun, 08 May 2022د.م251.0bد.م83.3bد.م12.7b20.4x19.8x3x
Tue, 05 Apr 2022د.م251.0bد.م82.1bد.م12.4b22.2x20.3x3.1x
Thu, 03 Mar 2022د.م260.2bد.م82.1bد.م12.4b22.7x20.9x3.2x
Sat, 29 Jan 2022د.م270.8bد.م81.7bد.م12.2b22.6x22.3x3.3x
Mon, 27 Dec 2021د.م258.9bد.م81.5bد.م12.1b21.1x21.3x3.2x
Wed, 24 Nov 2021د.م261.0bد.م79.7bد.م11.6b25x22.6x3.3x
Fri, 22 Oct 2021د.م258.2bد.م78.9bد.م11.1b24.4x23.3x3.3x
Price to Earnings Ratio

23.3x


Total Market Cap: د.م258.2bTotal Earnings: د.م11.1bTotal Revenue: د.م78.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Financials Sector Price to Earnings3Y Average 17.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Moroccan Financials 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 14.7x which is lower than its 3-year average PE of 17.9x.
  • 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 21% per year over the last three years.
  • Revenues for these companies have grown 10% 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-0.25%
Financials0.038%
Insurance1.91%
Consumer Finance0.10%
Mortgage Finance0%
Mortgage REITs0%
Capital Markets0%
Banks-0.18%
Diversified Financial-2.36%
Industry PE
  • Investors are most optimistic about the Diversified Financial industry, which is trading close to its 3-year average PE ratio of 41.7x.
    • 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 below its 3-year average of 17.6x.
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 7.6% 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.م535.000.9%
+د.م1.0b
14.2%PB1.9x
SAH Sanlam Marocد.م1.96k5.5%
+د.م419.9m
n/aPE14.4x
BCP Banque Centrale Populaireد.م289.900.7%
+د.م406.3m
10.6%PB1.7x
WAA Wafa Assuranceد.م4.55k1.6%
+د.م248.5m
7.1%PE20.9x
BOA Bank of Africaد.م190.000.5%
+د.م187.0m
4.8%PB1.5x
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Latest News

BCI

د.م570.00

Banque Marocaine pour le Commerce et l'Industrie

7D

-5.0%

1Y

0.9%

ATL

د.م130.20

AtlantaSanad Société Anonyme

7D

-0.08%

1Y

8.0%

HPS

د.م572.00

Hightech Payment Systems

7D

-3.1%

1Y

-9.9%

BOA

د.م190.00

Bank of Africa

7D

0.5%

1Y

4.8%

ATW

د.م535.00

Attijariwafa bank

7D

0.9%

1Y

14.2%

AFM

د.م1,185.00

AFMA

7D

0.4%

1Y

-6.3%

SAH

د.م1,957.00

Sanlam Maroc

7D

5.5%

1Y

n/a

CDM

د.م940.00

Crédit du Maroc

7D

1.1%

1Y

27.9%

BCP

د.م289.90

Banque Centrale Populaire

7D

0.7%

1Y

10.6%

WAA

د.م4,550.00

Wafa Assurance

7D

1.6%

1Y

7.1%

CFG

د.م184.85

CFG Bank

7D

-2.5%

1Y

n/a