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Moroccan (MASI) Banks Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies6
  • 7D0.6%
  • 3M3.9%
  • 1Y18.1%
  • YTD14.2%

Over the last 7 days, the Banks industry has dropped 1.4%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 18%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021د.م221.4bد.م52.4bد.م9.5b24.2x
Mon, 01 Nov 2021د.م226.5bد.م51.2bد.م8.8b25.3x
Wed, 29 Sep 2021د.م218.8bد.م50.0bد.م8.0b27.5x
Fri, 27 Aug 2021د.م212.3bد.م49.1bد.م6.8b31.4x
Sat, 03 Jul 2021د.م205.0bد.م49.1bد.م6.8b30.3x
Tue, 06 Apr 2021د.م193.1bد.م48.5bد.م6.4b32.2x
Fri, 08 Jan 2021د.م190.5bد.م47.7bد.م5.4b43.7x
Thu, 01 Oct 2020د.م164.9bد.م50.8bد.م7.3b23.5x
Sun, 05 Jul 2020د.م165.8bد.م52.8bد.م8.5b21.1x
Wed, 08 Apr 2020د.م172.5bد.م55.2bد.م10.9b17x
Tue, 31 Dec 2019د.م222.2bد.م55.8bد.م12.3b18.4x
Fri, 04 Oct 2019د.م212.2bد.م55.1bد.م12.4b17.6x
Mon, 08 Jul 2019د.م205.6bد.م54.1bد.م12.3b16.4x
Sun, 31 Mar 2019د.م187.3bد.م53.5bد.م12.1b16.9x
Wed, 02 Jan 2019د.م197.0bد.م52.9bد.م12.1b17.2x
PE Ratio

17.2x

Total Market Cap: د.م197.0bTotal Earnings: د.م12.1bTotal Revenue: د.م52.9b0%0%0%3 Year10 Year
20202021

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 23.5x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have declined 6.8% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Moroccan Banks industry?

Diversified Banks0.59%

Industry PE: Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 23.5x. However analysts are expecting annual earnings growth of 20%, which is lower than the prior year's growth of 25% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 20% over the next 5 years. This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
ATW Attijariwafa bank1.6%+د.م1.6b19.0%PB1.9x
CIH Crédit Immobilier et Hôtelier Société Anonyme1.5%+د.م141.6m32.9%PB1.9x
BCI Banque Marocaine pour le Commerce et l'Industrie0.2%+د.م17.3m3.1%PB1.1x
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