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Moroccan (MASI) Industrials Sector Analysis

UpdatedDec 22, 2025
DataAggregated Company Financials
Companies11
  • 7D2.3%
  • 3M-1.9%
  • 1Y80.1%
  • YTD48.2%

The Industrials industry is up 2.3% in the last week, with Société d'Exploitation des Ports up 2.5%. This means that the industry has gained 80% over the past year. 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
Mon, 22 Dec 2025د.م165.8bد.م27.3bد.م2.9b28.8x58.1x6.1x
Wed, 19 Nov 2025د.م123.8bد.م27.3bد.م2.9b28.5x43.3x4.5x
Fri, 17 Oct 2025د.م121.4bد.م27.2bد.م2.8b29.2x42.8x4.5x
Sun, 14 Sep 2025د.م132.1bد.م24.9bد.م2.5b39.8x52.7x5.3x
Tue, 12 Aug 2025د.م129.7bد.م24.9bد.م2.5b42.4x51.7x5.2x
Thu, 10 Jul 2025د.م115.0bد.م24.9bد.م2.5b35.8x45.8x4.6x
Sat, 07 Jun 2025د.م113.2bد.م24.9bد.م2.5b29.9x45.1x4.6x
Mon, 05 May 2025د.م99.5bد.م21.3bد.م2.3b35.8x43.1x4.7x
Wed, 02 Apr 2025د.م100.1bد.م20.5bد.م2.1b36.2x48.4x4.9x
Fri, 28 Feb 2025د.م98.0bد.م20.5bد.م2.0b31.3x48.4x4.8x
Sun, 26 Jan 2025د.م82.3bد.م20.5bد.م2.0b24.8x40.6x4x
Tue, 24 Dec 2024د.م70.3bد.م22.3bد.م2.1b25.8x34.1x3.2x
Thu, 21 Nov 2024د.م67.9bد.م20.1bد.م1.9b24.1x35.4x3.4x
Sat, 19 Oct 2024د.م54.8bد.م20.1bد.م1.9b23.4x28.6x2.7x
Mon, 16 Sep 2024د.م50.4bد.م19.0bد.م1.5b29.2x33.3x2.7x
Wed, 14 Aug 2024د.م46.6bد.م18.9bد.م1.5b26.7x31.1x2.5x
Fri, 12 Jul 2024د.م42.4bد.م18.9bد.م1.5b25x28.3x2.2x
Sun, 09 Jun 2024د.م39.3bد.م19.6bد.م1.5b23.1x25.9x2x
Tue, 07 May 2024د.م38.6bد.م18.5bد.م1.4b21.3x26.9x2.1x
Thu, 04 Apr 2024د.م35.8bد.م14.5bد.م1.2b25.7x29.7x2.5x
Sat, 02 Mar 2024د.م35.4bد.م14.5bد.م1.2b25.8x29.4x2.4x
Mon, 29 Jan 2024د.م33.4bد.م14.5bد.م1.2b24.4x27.7x2.3x
Wed, 27 Dec 2023د.م32.1bد.م15.1bد.م1.2b20.4x26.2x2.1x
Fri, 24 Nov 2023د.م31.2bد.م14.5bد.م1.2b20.2x26.5x2.2x
Sun, 22 Oct 2023د.م31.6bد.م14.5bد.م1.2b20.2x26.7x2.2x
Tue, 19 Sep 2023د.م29.0bد.م13.9bد.م1.1b21.3x25.6x2.1x
Thu, 17 Aug 2023د.م29.8bد.م13.9bد.م1.1b21.5x26.2x2.1x
Sat, 15 Jul 2023د.م29.4bد.م8.8bد.م890.7m23.4x33x3.3x
Mon, 12 Jun 2023د.م27.3bد.م8.2bد.م864.8m22.7x31.6x3.3x
Wed, 10 May 2023د.م25.7bد.م8.2bد.م864.8m21.1x29.7x3.1x
Fri, 07 Apr 2023د.م24.6bد.م8.4bد.م929.9m10.8x26.4x2.9x
Sun, 05 Mar 2023د.م24.5bد.م8.4bد.م929.9m11.4x26.4x2.9x
Tue, 31 Jan 2023د.م23.4bد.م8.4bد.م929.9m10.9x25.1x2.8x
Thu, 29 Dec 2022د.م21.4bد.م10.8bد.م1.0b16.7x20.9x2x
Price to Earnings Ratio

20.9x


Total Market Cap: د.م21.4bTotal Earnings: د.م1.0bTotal Revenue: د.م10.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Industrials Sector Price to Earnings3Y Average 34.2x202320242025
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 58.1x which is higher than its 3-year average PE of 34.2x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 41% per year over the last three years.
  • Revenues for these companies have grown 36% 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 Market0.86%
Industrials2.31%
Construction2.70%
Infrastructure2.55%
Transportation0.61%
Electrical0%0
Logistics0%0
Building-0.19%
Trade Distributors-1.88%
Industry PE
  • Investors are most optimistic about the Construction industry, which is trading close to its 3-year average PE ratio of 74.6x.
    • 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
MSA Société d'Exploitation des Portsد.م989.902.2%
+د.م1.6b
88.2%PE51.4x
TGC Travaux Généraux de Construction de Casablancaد.م947.002.8%
+د.م901.5m
101.7%PE48.4x
JET Jet Contractorsد.م2.70k5.5%
+د.م427.2m
45.2%PE49.1x
CTM Compagnie de Transports au Maroc Société Anonymeد.م907.500.6%
+د.م6.7m
29.6%PE23.9x
SRM Société de Réalisations Mécaniquesد.م498.003.6%
+د.م5.6m
18.9%PE11.8x

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