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Moroccan (MASI) Industrials Sector Analysis

UpdatedJun 26, 2026
DataAggregated Company Financials
Companies12
  • 7D-1.1%
  • 3M5.5%
  • 1Y-3.3%
  • YTD-16.8%

Over the last 7 days, the Industrials industry has dropped 2.3%, driven by Societe Generale des Travaux du Maroc declining 3.6%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jun 2026د.م153.3bد.م47.8bد.م4.8b21.7x31.7x3.2x
Sun, 24 May 2026د.م151.3bد.م46.7bد.م4.7b22.1x32.4x3.2x
Tue, 21 Apr 2026د.م165.1bد.م42.1bد.م4.1b25.7x40.5x3.9x
Thu, 19 Mar 2026د.م141.6bد.م42.1bد.م4.1b23.7x35x3.4x
Sat, 14 Feb 2026د.م169.9bد.م42.1bد.م4.1b27.7x41.9x4x
Mon, 12 Jan 2026د.م184.6bد.م41.4bد.م4.0b35.3x45.7x4.5x
Wed, 10 Dec 2025د.م125.0bد.م27.3bد.م2.9b29.4x43.8x4.6x
Fri, 07 Nov 2025د.م129.9bد.م27.3bد.م2.9b30x45.5x4.8x
Sun, 05 Oct 2025د.م124.2bد.م27.0bد.م2.8b29.8x43.8x4.6x
Tue, 02 Sep 2025د.م131.9bد.م24.9bد.م2.5b38.6x52.6x5.3x
Thu, 31 Jul 2025د.م121.8bد.م24.9bد.م2.5b35.5x48.6x4.9x
Sat, 28 Jun 2025د.م111.4bد.م24.9bد.م2.5b30.9x44.4x4.5x
Mon, 26 May 2025د.م107.0bد.م24.9bد.م2.5b28.7x42.7x4.3x
Wed, 23 Apr 2025د.م97.1bد.م21.0bد.م2.1b35.3x46.5x4.6x
Fri, 21 Mar 2025د.م100.6bد.م20.5bد.م2.0b34.8x49.7x4.9x
Sun, 16 Feb 2025د.م84.2bد.م20.5bد.م2.0b26.4x41.6x4.1x
Tue, 14 Jan 2025د.م82.1bد.م20.5bد.م2.0b25.6x40.6x4x
Thu, 12 Dec 2024د.م64.5bد.م20.1bد.م1.9b23.2x33.6x3.2x
Sat, 09 Nov 2024د.م62.7bد.م20.1bد.م1.9b24.4x32.6x3.1x
Mon, 07 Oct 2024د.م55.3bد.م20.1bد.م1.9b23.1x28.7x2.8x
Wed, 04 Sep 2024د.م48.2bد.م19.0bد.م1.5b27.9x31.8x2.5x
Fri, 02 Aug 2024د.م46.8bد.م18.9bد.م1.5b27.4x31.2x2.5x
Sun, 30 Jun 2024د.م40.6bد.م18.9bد.م1.5b24.8x27.1x2.1x
Tue, 28 May 2024د.م39.1bد.م19.6bد.م1.5b22.7x25.7x2x
Thu, 25 Apr 2024د.م38.6bد.م17.7bد.م1.4b24.4x27.6x2.2x
Sat, 23 Mar 2024د.م34.4bد.م14.5bد.م1.2b25.5x28.5x2.4x
Mon, 19 Feb 2024د.م34.5bد.م14.5bد.م1.2b25.4x28.6x2.4x
Wed, 17 Jan 2024د.م33.3bد.م14.5bد.م1.2b23.9x27.6x2.3x
Fri, 15 Dec 2023د.م31.9bد.م15.1bد.م1.2b20.6x26.1x2.1x
Sun, 12 Nov 2023د.م31.1bد.م14.5bد.م1.2b19.9x26.2x2.1x
Tue, 10 Oct 2023د.م31.2bد.م14.5bد.م1.2b18.6x26.3x2.1x
Thu, 07 Sep 2023د.م29.0bد.م13.9bد.م1.1b21x25.5x2.1x
Sat, 05 Aug 2023د.م30.4bد.م8.8bد.م890.7m24.7x34.1x3.5x
Mon, 03 Jul 2023د.م28.4bد.م8.4bد.م884.0m22.6x32.1x3.4x
Price to Earnings Ratio

32.1x


Total Market Cap: د.م28.4bTotal Earnings: د.م884.0mTotal Revenue: د.م8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Industrials Sector Price to Earnings3Y Average 36.1x202420252026
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 31.9x which is lower than its 3-year average PE of 36.1x.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 76% per year over the last three years.
  • Revenues for these companies have grown 79% 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-2.13%
Industrials-1.09%
Transportation4.47%
Electrical0%0
Logistics0%0
Infrastructure-0.17%
Construction-1.77%
Trade Distributors-2.02%
Building-2.77%
Industry PE
  • Investors are most optimistic about the Infrastructure industry, which is trading close to its 3-year average PE ratio of 37.1x.
    • Analysts are expecting annual earnings growth of 20.5%, which is lower than the prior year's growth of 25.4% per year.
  • Investors are most pessimistic about the Building industry, which is trading below its 3-year average of 22.7x.
Forecasted Growth
  • Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Building industry is expected to see its earnings grow by 11% 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
TGC Travaux Généraux de Construction de Casablancaد.م770.001.0%
+د.م277.4m
-12.5%PE28x
CTM Compagnie de Transports au Maroc Société Anonymeد.م888.004.5%
+د.م46.6m
-10.2%PE19.4x
JET Jet Contractorsد.م2.23k0.6%
+د.م42.4m
11.5%PE30.4x
ZDJ Zellidjaد.م214.005.9%
+د.م6.8m
26.6%PE5.7x

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