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Moroccan (MASI) Industrials Sector Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies11
  • 7D11.8%
  • 3M0.9%
  • 1Y80.6%
  • YTD58.8%

Over the last 7 days, the Industrials industry has risen 7.1%, driven by gains from Societe Generale Des Travaux Du Maroc of 31%. This means that the industry has gained 79% over the past year. Earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

Has the Moroccan Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025د.م177.7bد.م27.3bد.م2.9b29x62.2x6.5x
Sat, 22 Nov 2025د.م121.6bد.م27.3bد.م2.9b27.5x42.6x4.5x
Mon, 20 Oct 2025د.م121.6bد.م27.3bد.م2.9b29x42.6x4.5x
Wed, 17 Sep 2025د.م129.2bد.م24.9bد.م2.5b39.2x51.5x5.2x
Fri, 15 Aug 2025د.م131.3bد.م24.9bد.م2.5b42.5x52.3x5.3x
Sun, 13 Jul 2025د.م118.7bد.م24.9bد.م2.5b36.5x47.3x4.8x
Tue, 10 Jun 2025د.م113.2bد.م24.9bد.م2.5b29.9x45.1x4.6x
Thu, 08 May 2025د.م99.1bد.م21.6bد.م2.3b24.7x42.7x4.6x
Sat, 05 Apr 2025د.م98.2bد.م20.5bد.م2.1b35.1x47.5x4.8x
Mon, 03 Mar 2025د.م96.1bد.م20.5bد.م2.0b30.9x47.5x4.7x
Wed, 29 Jan 2025د.م81.7bد.م20.5bد.م2.0b25.8x40.4x4x
Fri, 27 Dec 2024د.م70.3bد.م22.3bد.م2.1b26.5x34.1x3.2x
Sun, 24 Nov 2024د.م66.6bد.م20.1bد.م1.9b24.1x34.7x3.3x
Tue, 22 Oct 2024د.م55.3bد.م20.1bد.م1.9b22.9x28.8x2.8x
Thu, 19 Sep 2024د.م51.3bد.م19.0bد.م1.5b30.2x33.8x2.7x
Sat, 17 Aug 2024د.م46.9bد.م18.9bد.م1.5b27.2x31.3x2.5x
Mon, 15 Jul 2024د.م42.5bد.م18.9bد.م1.5b24.4x28.4x2.2x
Wed, 12 Jun 2024د.م39.2bد.م19.6bد.م1.5b22.6x25.8x2x
Fri, 10 May 2024د.م38.7bد.م18.5bد.م1.4b21.8x27x2.1x
Sun, 07 Apr 2024د.م35.9bد.م14.5bد.م1.2b25.6x29.7x2.5x
Tue, 05 Mar 2024د.م35.5bد.م14.5bد.م1.2b25.9x29.5x2.4x
Thu, 01 Feb 2024د.م33.2bد.م14.5bد.م1.2b24x27.5x2.3x
Sat, 30 Dec 2023د.م32.0bد.م15.1bد.م1.2b20.2x26.2x2.1x
Mon, 27 Nov 2023د.م31.2bد.م14.5bد.م1.2b20x26.5x2.2x
Wed, 25 Oct 2023د.م31.4bد.م14.5bد.م1.2b19.8x26.5x2.2x
Fri, 22 Sep 2023د.م29.2bد.م13.9bد.م1.1b21.3x25.7x2.1x
Sun, 20 Aug 2023د.م30.2bد.م13.9bد.م1.1b21.8x26.6x2.2x
Tue, 18 Jul 2023د.م29.3bد.م8.8bد.م890.7m23.4x32.9x3.3x
Thu, 15 Jun 2023د.م27.3bد.م8.4bد.م884.0m21.9x30.9x3.2x
Sat, 13 May 2023د.م26.1bد.م8.2bد.م864.8m21.7x30.2x3.2x
Mon, 10 Apr 2023د.م24.7bد.م8.4bد.م929.9m11.2x26.5x2.9x
Wed, 08 Mar 2023د.م24.3bد.م8.4bد.م929.9m11.3x26.2x2.9x
Fri, 03 Feb 2023د.م23.5bد.م8.4bد.م929.9m11x25.3x2.8x
Sun, 01 Jan 2023د.م21.2bد.م7.2bد.م887.1m16.8x23.9x2.9x
Price to Earnings Ratio

23.9x


Total Market Cap: د.م21.2bTotal Earnings: د.م887.1mTotal Revenue: د.م7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Industrials Sector Price to Earnings3Y Average 34.3x202320242025
Current Industry PE
  • Investors are optimistic on the Moroccan Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 60.5x which is higher than its 3-year average PE of 34.3x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 48% per year over the last three years.
  • Revenues for these companies have grown 56% 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 Market1.78%
Industrials11.84%
Construction24.71%
Trade Distributors0.42%
Building0.019%
Electrical0%0
Logistics0%0
Infrastructure-0.51%
Transportation-2.22%
Industry PE
  • Investors are most optimistic about the Construction industry, which is trading close to its 3-year average PE ratio of 74.8x.
    • Analysts expect its future annual earnings growth (24.7%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Building industry, which is trading below its 3-year average of 29.9x.
Forecasted Growth
  • Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Infrastructure industry is expected to see its earnings grow by 17% 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
GTM Societe Generale Des Travaux Du Marocد.م818.0061.0%
+د.م18.6b
n/an/a
DHO delta holdingد.م77.004.1%
+د.م264.6m
44.5%PE24.2x
JET Jet Contractorsد.م2.70k2.1%
+د.م169.7m
56.1%PE49.1x
TGC Travaux Généraux de Construction de Casablancaد.م944.000.4%
+د.م138.7m
102.8%PE48.2x
CMG Compagnie Marocaine de Goutte à goutte et de Pompageد.م367.000.5%
+د.م34.0m
34.1%PE33.7x

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