Has the Moroccan Financials Sector valuation changed over the past few years?
|Tue, 30 Nov 2021||د.م258.5b||د.م80.1b||د.م11.8b||24.4x|
|Thu, 28 Oct 2021||د.م265.5b||د.م78.9b||د.م11.1b||25.1x|
|Sat, 25 Sep 2021||د.م252.9b||د.م75.2b||د.م9.2b||28.7x|
|Mon, 23 Aug 2021||د.م244.2b||د.م74.3b||د.م8.0b||28.9x|
|Sat, 10 Jul 2021||د.م238.3b||د.م74.3b||د.م8.0b||28.8x|
|Fri, 02 Apr 2021||د.م224.3b||د.م73.6b||د.م7.6b||30.5x|
|Mon, 04 Jan 2021||د.م220.6b||د.م72.9b||د.م6.6b||33.5x|
|Thu, 08 Oct 2020||د.م192.3b||د.م76.4b||د.م8.3b||25.3x|
|Wed, 01 Jul 2020||د.م192.5b||د.م75.8b||د.م9.2b||20.7x|
|Sat, 04 Apr 2020||د.م198.1b||د.م79.1b||د.م12.2b||18x|
|Tue, 07 Jan 2020||د.م252.1b||د.م80.7b||د.م14.1b||16.9x|
|Mon, 30 Sep 2019||د.م240.7b||د.م79.4b||د.م14.1b||16x|
|Thu, 04 Jul 2019||د.م234.0b||د.م80.9b||د.م14.0b||16.6x|
|Sun, 07 Apr 2019||د.م213.6b||د.م80.0b||د.م13.8b||16.9x|
|Wed, 09 Jan 2019||د.م225.8b||د.م76.0b||د.م13.7b||17x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 22.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Financials industry have declined 5.0% per year over the last three years, while revenues for these companies have grown 2.0% 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, which has decreased profits.
Which industries have driven the changes within the Moroccan Financials sector?
Industry PE: Investors are most optimistic about the Consumer Finance industry which is trading above its 3-year average PE ratio of 32.4x. This is likely because analysts are expecting annual earnings growth of 52%, which is higher than its past year's earnings decline of 74% per year. Meanwhile, investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 19.4x.
Forecasted Growth: Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 52% over the next 5 years. This is better than its past earnings decline of 74% per year. Meanwhile, the Banks industry is expected to see its earnings grow by 20% per year over the next few years.
Banque Centrale Populaire
Bank of Africa
AtlantaSanad Société Anonyme