Header cover image

Moroccan (MASI) Banks Industry Analysis

UpdatedJan 14, 2025
DataAggregated Company Financials
Companies7
  • 7D2.4%
  • 3M11.1%
  • 1Y20.5%
  • YTD5.5%

In the last week, the Banks industry is up 2.3%, with Attijariwafa bank up 2.5%. This takes the industry's 12 month performance to a gain of 20%. As for the next few years, earnings are expected to grow by 8.7% per annum.

Industry Valuation and Performance

Has the Moroccan Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Jan 2025د.م272.7bد.م71.8bد.م17.8b15.8x15.3x3.8x
Thu, 12 Dec 2024د.م255.7bد.م71.8bد.م17.8b15.9x14.3x3.6x
Sat, 09 Nov 2024د.م256.5bد.م71.3bد.م17.4b17.7x14.7x3.6x
Mon, 07 Oct 2024د.م246.5bد.م71.4bد.م17.4b16.6x14.1x3.5x
Wed, 04 Sep 2024د.م251.0bد.م68.7bد.م16.2b17.3x15.5x3.7x
Fri, 02 Aug 2024د.م254.2bد.م68.7bد.م16.2b16.7x15.6x3.7x
Sun, 30 Jun 2024د.م242.1bد.م68.5bد.م16.2b17.3x15x3.5x
Tue, 28 May 2024د.م240.1bد.م66.7bد.م15.2b17.2x15.8x3.6x
Thu, 25 Apr 2024د.م238.0bد.م66.7bد.م15.2b17.1x15.7x3.6x
Sat, 23 Mar 2024د.م237.9bد.م67.7bد.م15.8b16.4x15x3.5x
Mon, 19 Feb 2024د.م238.8bد.م67.0bد.م15.4b16.6x15.5x3.6x
Wed, 17 Jan 2024د.م226.5bد.م67.0bد.م15.4b15.4x14.7x3.4x
Fri, 15 Dec 2023د.م213.9bد.م64.0bد.م13.8b18.1x15.5x3.3x
Sun, 12 Nov 2023د.م210.9bد.م61.9bد.م13.1b17.5x16.1x3.4x
Tue, 10 Oct 2023د.م215.7bد.م61.2bد.م12.7b19.1x17x3.5x
Thu, 07 Sep 2023د.م205.4bد.م59.0bد.م11.7b18.9x17.5x3.5x
Sat, 05 Aug 2023د.م209.0bد.م59.0bد.م11.8b17.9x17.8x3.5x
Mon, 03 Jul 2023د.م205.7bد.م59.0bد.م11.7b18.4x17.5x3.5x
Wed, 31 May 2023د.م193.1bد.م58.2bد.م11.5b17.5x16.9x3.3x
Fri, 28 Apr 2023د.م183.8bد.م58.2bد.م11.5b15.8x16x3.2x
Sun, 26 Mar 2023د.م183.0bد.م57.6bد.م11.4b15.2x16.1x3.2x
Tue, 21 Feb 2023د.م182.1bد.م57.3bد.م11.3b14.9x16.1x3.2x
Thu, 19 Jan 2023د.م175.0bد.م57.3bد.م11.3b14.7x15.5x3.1x
Sat, 17 Dec 2022د.م183.9bد.م57.3bد.م11.3b15.4x16.3x3.2x
Mon, 14 Nov 2022د.م171.2bد.م56.7bد.م11.0b14.6x15.6x3x
Wed, 12 Oct 2022د.م195.3bد.م56.3bد.م11.1b16.7x17.6x3.5x
Fri, 09 Sep 2022د.م198.2bد.م56.0bد.م11.1b17.1x17.9x3.5x
Sun, 07 Aug 2022د.م197.2bد.م56.0bد.م11.1b17.1x17.8x3.5x
Tue, 05 Jul 2022د.م197.2bد.م56.0bد.م11.1b17.3x17.8x3.5x
Thu, 02 Jun 2022د.م151.7bد.م40.7bد.م8.9b16.4x17.1x3.7x
Sat, 30 Apr 2022د.م214.4bد.م54.6bد.م10.3b19.4x20.7x3.9x
Mon, 28 Mar 2022د.م212.8bد.م54.1bد.م10.1b21.9x21x3.9x
Wed, 23 Feb 2022د.م228.1bد.م53.7bد.م9.9b22.8x23.1x4.2x
Fri, 21 Jan 2022د.م229.2bد.م53.7bد.م9.9b22.1x23.2x4.3x
Price to Earnings Ratio

23.2x


Total Market Cap: د.م229.2bTotal Earnings: د.م9.9bTotal Revenue: د.م53.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Banks Industry Price to Earnings3Y Average 16.8x202320242025
Current Industry PE
  • Investors are relatively neutral on the Moroccan Banks 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 16.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 22% 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 industry?

MA Market2.53%
Financials2.45%
Banks2.38%
Diversified Banks2.47%
Regional Banks0%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 16.7x.
    • Analysts are expecting annual earnings growth of 8.7%, which is lower than the prior year's growth of 21.1% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 16.7x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 21% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.7% 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.م620.002.5%
+د.م3.0b
30.2%PB2.1x
BOA Bank of Africaد.م214.852.6%
+د.م1.2b
19.5%PB1.6x
CDM Crédit du Marocد.م1.05k7.2%
+د.م763.9m
25.1%PB1.6x
BCP Banque Centrale Populaireد.م288.001.1%
+د.م629.8m
1.4%PB1.7x
BCI Banque Marocaine pour le Commerce et l'Industrieد.م665.006.4%
+د.م531.2m
15.7%PB1.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

BCP

د.م288.00

Banque Centrale Populaire

7D

1.1%

1Y

1.4%

BOA

د.م214.85

Bank of Africa

7D

2.6%

1Y

19.5%

ATW

د.م620.00

Attijariwafa bank

7D

2.5%

1Y

30.2%

CDM

د.م1,050.00

Crédit du Maroc

7D

7.2%

1Y

25.1%