Header cover image

Moroccan (MASI) Industrials Sector Analysis

UpdatedJul 31, 2026
DataAggregated Company Financials
Companies12
  • 7D-1.2%
  • 3M-4.0%
  • 1Y-13.9%
  • YTD-19.6%

Over the last 7 days, the Industrials industry has dropped 1.2%, driven by a pullback from Société d'Exploitation des Ports of 2.6%. Overall the industry is down 14% in 12 months. 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, 31 Jul 2026د.م148.0bد.م47.8bد.م4.8b20.6x30.6x3.1x
Sun, 28 Jun 2026د.م152.9bد.م47.8bد.م4.8b22x31.7x3.2x
Tue, 26 May 2026د.م154.5bد.م46.7bد.م4.7b22.2x33x3.3x
Thu, 23 Apr 2026د.م165.1bد.م42.1bد.م4.1b25.8x40.5x3.9x
Sat, 21 Mar 2026د.م145.0bد.م42.1bد.م4.1b23.4x35.8x3.4x
Mon, 16 Feb 2026د.م169.9bد.م42.1bد.م4.1b27.7x41.9x4x
Wed, 14 Jan 2026د.م180.5bد.م41.4bد.م4.0b32.9x44.7x4.4x
Fri, 12 Dec 2025د.م125.2bد.م27.3bد.م2.9b28.9x43.9x4.6x
Sun, 09 Nov 2025د.م128.5bد.م27.3bد.م2.9b29.5x45x4.7x
Tue, 07 Oct 2025د.م126.3bد.م27.0bد.م2.8b30.2x44.5x4.7x
Thu, 04 Sep 2025د.م134.8bد.م24.9bد.م2.5b41x53.7x5.4x
Sat, 02 Aug 2025د.م125.0bد.م24.9bد.م2.5b36.7x49.8x5x
Mon, 30 Jun 2025د.م111.4bد.م24.9bد.م2.5b30.9x44.4x4.5x
Wed, 28 May 2025د.م109.5bد.م24.9bد.م2.5b28.4x43.6x4.4x
Fri, 25 Apr 2025د.م97.7bد.م21.0bد.م2.1b35.4x46.8x4.7x
Sun, 23 Mar 2025د.م101.0bد.م20.5bد.م2.0b35.3x49.9x4.9x
Tue, 18 Feb 2025د.م86.0bد.م20.5bد.م2.0b26.3x42.5x4.2x
Thu, 16 Jan 2025د.م83.4bد.م20.5bد.م2.0b25.5x41.2x4.1x
Sat, 14 Dec 2024د.م65.3bد.م20.1bد.م1.9b23.2x34x3.2x
Mon, 11 Nov 2024د.م62.7bد.م20.1bد.م1.9b24.4x32.6x3.1x
Wed, 09 Oct 2024د.م54.0bد.م20.1bد.م1.9b23.4x28.1x2.7x
Fri, 06 Sep 2024د.م48.9bد.م19.0bد.م1.5b27.5x32.3x2.6x
Sun, 04 Aug 2024د.م47.1bد.م18.9bد.م1.5b27.6x31.4x2.5x
Tue, 02 Jul 2024د.م40.2bد.م18.9bد.م1.5b24.4x26.8x2.1x
Thu, 30 May 2024د.م39.1bد.م19.6bد.م1.5b22.5x25.7x2x
Sat, 27 Apr 2024د.م38.7bد.م17.7bد.م1.4b24.4x27.7x2.2x
Mon, 25 Mar 2024د.م34.4bد.م14.5bد.م1.2b25.5x28.5x2.4x
Wed, 21 Feb 2024د.م34.6bد.م14.5bد.م1.2b25.6x28.7x2.4x
Fri, 19 Jan 2024د.م33.5bد.م14.5bد.م1.2b24.5x27.7x2.3x
Sun, 17 Dec 2023د.م32.2bد.م15.1bد.م1.2b20x26.3x2.1x
Tue, 14 Nov 2023د.م31.1bد.م14.5bد.م1.2b19.9x26.2x2.1x
Thu, 12 Oct 2023د.م31.8bد.م14.5bد.م1.2b20x26.8x2.2x
Sat, 09 Sep 2023د.م29.6bد.م13.9bد.م1.1b21.5x26x2.1x
Mon, 07 Aug 2023د.م30.4bد.م8.8bد.م890.7m24.7x34.1x3.5x
Price to Earnings Ratio

34.1x


Total Market Cap: د.م30.4bTotal Earnings: د.م890.7mTotal Revenue: د.م8.8bTotal 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 30.6x 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 76% 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 Market0.32%
Industrials-1.17%
Building1.84%
Trade Distributors0.40%
Transportation0.35%
Electrical0%0
Logistics0%0
Construction-0.14%
Infrastructure-2.61%
Industry PE
  • Investors are most optimistic about the Infrastructure industry, which is trading close to its 3-year average PE ratio of 37.6x.
    • 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 19.6x.
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.م740.000.8%
+د.م211.5m
-28.4%PE27x
CMG Compagnie Marocaine de Goutte à goutte et de Pompageد.م324.001.9%
+د.م102.0m
-14.7%PE22.6x
DHO delta holdingد.م54.001.9%
+د.م87.6m
-32.4%PE15.4x
ZDJ Zellidjaد.م267.2531.4%
+د.م36.5m
-2.8%PE7.1x
CTM Compagnie de Transports au Maroc Société Anonymeد.م880.001.7%
+د.م18.4m
-3.3%PE19.2x

Latest News