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Moroccan (MASI) Banks Industry Analysis

UpdatedMar 14, 2025
DataAggregated Company Financials
Companies7
  • 7D0.6%
  • 3M6.1%
  • 1Y13.4%
  • YTD5.0%

Over the last 7 days, the Banks industry has dropped 2.3%, driven by Crédit Immobilier et Hôtelier Société Anonyme declining 2.6%. Over the past 12 months, the industry was up 12%. Looking forward, earnings are forecast to grow by 8.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Mar 2025د.م271.5bد.م73.6bد.م18.4b16.7x14.7x3.7x
Sun, 09 Feb 2025د.م275.2bد.م71.8bد.م17.8b18.2x15.4x3.8x
Tue, 07 Jan 2025د.م266.4bد.م71.8bد.م17.8b15.6x14.9x3.7x
Thu, 05 Dec 2024د.م255.8bد.م71.8bد.م17.8b16.1x14.3x3.6x
Sat, 02 Nov 2024د.م249.9bد.م71.3bد.م17.4b17x14.3x3.5x
Mon, 30 Sep 2024د.م252.8bد.م70.2bد.م16.9b17.2x14.9x3.6x
Wed, 28 Aug 2024د.م251.1bد.م68.7bد.م16.2b16.6x15.5x3.7x
Fri, 26 Jul 2024د.م245.8bد.م68.5bد.م16.2b17.8x15.2x3.6x
Sun, 23 Jun 2024د.م238.0bد.م68.5bد.م16.2b17x14.7x3.5x
Tue, 21 May 2024د.م239.5bد.م66.7bد.م15.2b17.1x15.8x3.6x
Thu, 18 Apr 2024د.م239.3bد.م66.7bد.م15.2b17.1x15.7x3.6x
Sat, 16 Mar 2024د.م241.5bد.م67.5bد.م15.6b16.5x15.4x3.6x
Mon, 12 Feb 2024د.م237.3bد.م67.0bد.م15.4b16.2x15.4x3.5x
Wed, 10 Jan 2024د.م225.7bد.م67.0bد.م15.4b15.5x14.6x3.4x
Fri, 08 Dec 2023د.م209.7bد.م64.0bد.م13.8b17.6x15.2x3.3x
Sun, 05 Nov 2023د.م210.7bد.م61.9bد.م13.1b17.4x16x3.4x
Tue, 03 Oct 2023د.م209.0bد.م61.0bد.م12.6b18.2x16.6x3.4x
Thu, 31 Aug 2023د.م205.3bد.م59.0bد.م11.7b18.9x17.5x3.5x
Sat, 29 Jul 2023د.م207.3bد.م59.0bد.م11.8b18.1x17.6x3.5x
Mon, 26 Jun 2023د.م203.0bد.م59.0bد.م11.7b18.3x17.3x3.4x
Wed, 24 May 2023د.م187.9bد.م58.2bد.م11.5b17x16.4x3.2x
Fri, 21 Apr 2023د.م183.3bد.م58.2bد.م11.5b15.5x16x3.1x
Sun, 19 Mar 2023د.م183.8bد.م57.9bد.م11.4b15.1x16.1x3.2x
Tue, 14 Feb 2023د.م179.3bد.م57.3bد.م11.3b14.7x15.9x3.1x
Thu, 12 Jan 2023د.م169.7bد.م57.3bد.م11.3b14.7x15x3x
Sat, 10 Dec 2022د.م186.1bد.م57.3bد.م11.3b15.6x16.5x3.3x
Mon, 07 Nov 2022د.م177.7bد.م56.7bد.م11.0b15x16.2x3.1x
Wed, 05 Oct 2022د.م190.4bد.م56.3bد.م11.1b16.1x17.2x3.4x
Fri, 02 Sep 2022د.م198.0bد.م56.0bد.م11.1b17.1x17.9x3.5x
Sun, 31 Jul 2022د.م196.7bد.م56.0bد.م11.1b17.1x17.8x3.5x
Tue, 28 Jun 2022د.م199.7bد.م56.0bد.م11.1b17.3x18.1x3.6x
Thu, 26 May 2022د.م203.0bد.م55.2bد.م10.6b18x19.1x3.7x
Sat, 23 Apr 2022د.م214.2bد.م54.6bد.م10.3b19.4x20.7x3.9x
Mon, 21 Mar 2022د.م219.8bد.م54.1bد.م10.1b22.2x21.7x4.1x
Price to Earnings Ratio

21.7x


Total Market Cap: د.م219.8bTotal Earnings: د.م10.1bTotal Revenue: د.م54.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Banks Industry Price to Earnings3Y Average 16.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Moroccan Banks 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 14.4x which is lower than its 3-year average PE of 16.4x.
  • 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 11% 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 Market-0.31%
Financials0.44%
Banks0.61%
Diversified Banks0.74%
Regional Banks0%0
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 16.3x.
    • Analysts are expecting annual earnings growth of 8.7%, which is lower than the prior year's growth of 23.6% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 16.3x.
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 24% 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.م645.001.7%
+د.م2.2b
27.2%PB2.1x
BCP Banque Centrale Populaireد.م282.700.6%
+د.م325.1m
-4.5%PB1.6x
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Latest News

BCP

د.م282.70

Banque Centrale Populaire

7D

0.6%

1Y

-4.5%

ATW

د.م645.00

Attijariwafa bank

7D

1.7%

1Y

27.2%

CDM

د.م1,088.00

Crédit du Maroc

7D

-1.3%

1Y

25.2%

CFG

د.م229.00

CFG Bank

7D

-3.0%

1Y

44.9%