Moroccan (MASI) Industrials Sector Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies10
- 7D2.5%
- 3M16.0%
- 1Y53.7%
- YTD20.8%
The Industrials industry is up 4.9% in the last week, with delta holding up 28%. This takes the industry's 12 month performance to a gain of 59%. Earnings are forecast to grow by 16% annually.
Sector Valuation and Performance
Has the Moroccan Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | د.م38.6b | د.م17.7b | د.م1.4b | 24.4x | 27.6x | 2.2x |
| Sat, 23 Mar 2024 | د.م34.4b | د.م14.5b | د.م1.2b | 25.5x | 28.5x | 2.4x |
| Mon, 19 Feb 2024 | د.م34.5b | د.م14.5b | د.م1.2b | 25.4x | 28.6x | 2.4x |
| Wed, 17 Jan 2024 | د.م33.3b | د.م14.5b | د.م1.2b | 23.9x | 27.6x | 2.3x |
| Fri, 15 Dec 2023 | د.م31.9b | د.م15.1b | د.م1.2b | 20.6x | 26.1x | 2.1x |
| Sun, 12 Nov 2023 | د.م31.1b | د.م14.5b | د.م1.2b | 19.9x | 26.2x | 2.1x |
| Tue, 10 Oct 2023 | د.م31.2b | د.م14.5b | د.م1.2b | 18.6x | 26.3x | 2.1x |
| Thu, 07 Sep 2023 | د.م29.0b | د.م13.9b | د.م1.1b | 21x | 25.5x | 2.1x |
| Sat, 05 Aug 2023 | د.م30.4b | د.م8.8b | د.م890.7m | 24.7x | 34.1x | 3.5x |
| Mon, 03 Jul 2023 | د.م28.4b | د.م8.4b | د.م884.0m | 22.6x | 32.1x | 3.4x |
| Wed, 31 May 2023 | د.م27.7b | د.م8.2b | د.م864.8m | 23.1x | 32x | 3.4x |
| Fri, 28 Apr 2023 | د.م25.0b | د.م8.2b | د.م899.6m | 15.4x | 27.8x | 3x |
| Sun, 26 Mar 2023 | د.م24.7b | د.م8.4b | د.م929.9m | 11.3x | 26.6x | 2.9x |
| Tue, 21 Feb 2023 | د.م24.3b | د.م8.4b | د.م929.9m | 11.1x | 26.2x | 2.9x |
| Thu, 19 Jan 2023 | د.م20.0b | د.م7.2b | د.م887.1m | 16.1x | 22.5x | 2.8x |
| Sat, 17 Dec 2022 | د.م21.3b | د.م10.0b | د.م704.6m | 16.4x | 30.2x | 2.1x |
| Mon, 14 Nov 2022 | د.م19.8b | د.م10.0b | د.م704.6m | 15.7x | 28x | 2x |
| Wed, 12 Oct 2022 | د.م23.3b | د.م10.0b | د.م704.6m | 18x | 33.1x | 2.3x |
| Fri, 09 Sep 2022 | د.م24.9b | د.م9.4b | د.م639.2m | 39.9x | 39x | 2.6x |
| Sun, 07 Aug 2022 | د.م24.9b | د.م9.4b | د.م639.2m | 40.1x | 39x | 2.6x |
| Tue, 05 Jul 2022 | د.م24.1b | د.م9.4b | د.م639.2m | 38.8x | 37.7x | 2.6x |
| Thu, 02 Jun 2022 | د.م24.9b | د.م9.5b | د.م646.9m | 29.8x | 38.6x | 2.6x |
| Sat, 30 Apr 2022 | د.م26.1b | د.م9.2b | د.م590.9m | 19.9x | 44.2x | 2.8x |
| Mon, 28 Mar 2022 | د.م25.6b | د.م11.0b | د.م637.9m | 17.1x | 40.1x | 2.3x |
| Wed, 23 Feb 2022 | د.م27.6b | د.م10.9b | د.م611.7m | 21.3x | 45.1x | 2.5x |
| Fri, 21 Jan 2022 | د.م28.0b | د.م10.9b | د.م611.7m | 21.3x | 45.8x | 2.6x |
| Sun, 19 Dec 2021 | د.م27.2b | د.م10.9b | د.م611.7m | 21.7x | 44.4x | 2.5x |
| Tue, 16 Nov 2021 | د.م26.3b | د.م10.9b | د.م611.7m | 21.1x | 42.9x | 2.4x |
| Thu, 14 Oct 2021 | د.م26.4b | د.م10.6b | د.م453.7m | 17.3x | 58.2x | 2.5x |
| Sat, 11 Sep 2021 | د.م25.4b | د.م11.4b | د.م451.3m | 14.1x | 56.3x | 2.2x |
| Mon, 09 Aug 2021 | د.م25.0b | د.م11.4b | د.م555.1m | 13.9x | 45x | 2.2x |
| Sun, 02 May 2021 | د.م22.5b | د.م11.4b | د.م555.1m | 13.1x | 40.4x | 2x |
Price to Earnings Ratio
40.4x
Current Industry PE
- Investors are pessimistic on the Moroccan Industrials 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 28.2x which is lower than its 3-year average PE of 35.5x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 16% 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 Industrials sector?
| MA Market | -0.53% | |
| Industrials | 2.53% | |
| Trade Distributors | 9.10% | |
| Construction | 7.53% | |
| Transportation | 1.90% | |
| Logistics | 0.15% | |
| Aerospace & Defense | 0% | |
| Electrical | 0% | |
| Industrials | 0% | |
| Machinery | 0% | |
| Commercial Services | 0% | |
| Professional Services | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Infrastructure | -0.71% | |
| Building | -1.37% | |
Industry PE
- Investors are most optimistic about the Trade Distributors industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Building industry, expecting annual earnings growth of 87% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Infrastructure industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DHO delta holding | د.م49.00 | 18.1% +د.م657.9m | 89.9% | PE22.7x | |
| TGC Travaux Généraux de Construction de Casablanca | د.م300.30 | 3.6% +د.م325.9m | 138.3% | PE34.8x | |
| JET Jet Contractors | د.م550.00 | 6.3% +د.م98.5m | 169.6% | PE43.6x | |
| FBR Fenie Brossette | د.م120.65 | 11.7% +د.م18.2m | 2.7% | PE21.7x | |
| CTM Compagnie de Transports au Maroc Société Anonyme | د.م642.00 | 1.9% +د.م14.7m | 7.0% | PE16.7x |