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Moroccan (MASI) Industrials Sector Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies13
  • 7D9.1%
  • 3M-4.8%
  • 1Y16.7%
  • YTD-10.5%

Societe Generale des Travaux du Maroc is up 12%, leading the way for the Industrials industry, which has gained 9.1%. This means that the industry has gained 17% over the past year. Looking forward, earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Wed, 31 May 2023د.م27.7bد.م8.2bد.م864.8m23.1x32x3.4x
Fri, 28 Apr 2023د.م25.0bد.م8.2bد.م899.6m15.4x27.8x3x
Price to Earnings Ratio

27.8x


Total Market Cap: د.م25.0bTotal Earnings: د.م899.6mTotal Revenue: د.م8.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Industrials Sector Price to Earnings3Y Average 35.9x202420252026
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 40.5x which is higher than its 3-year average PE of 35.9x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 66% per year over the last three years.
  • Revenues for these companies have grown 72% 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 Market3.31%
Industrials9.13%
Construction10.40%
Infrastructure8.53%
Trade Distributors1.75%
Transportation0.77%
Building0.31%
Electrical0%0
Logistics0%0
Industry PE
  • Investors are most optimistic about the Infrastructure industry which is trading above its 3-year average PE ratio of 36.0x.
    • Analysts are expecting annual earnings growth of 17.3%, which is lower than the prior year's growth of 35.2% per year.
  • Investors are most pessimistic about the Building industry, which is trading below its 3-year average of 29.7x.
Forecasted Growth
  • Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 29% 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.م819.0011.9%
+د.م5.2b
n/aPE41.4x
MSA Société d'Exploitation des Portsد.م884.508.5%
+د.م5.1b
20.8%PE45.9x
TGC Travaux Généraux de Construction de Casablancaد.م830.109.9%
+د.م2.6b
20.1%PE42.4x
JET Jet Contractorsد.م2.37k8.9%
+د.م584.7m
13.0%PE43.2x
SNA Stokvis Nord Afriqueد.م87.4826.8%
+د.م327.0m
53.5%PE34.7x

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