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Moroccan (MASI) Industrials Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies11
  • 7D2.3%
  • 3M12.9%
  • 1Y41.8%
  • YTD10.2%

The Industrials industry is up 2.3% in the last week, with Société d'Exploitation des Ports up 2.7%. This takes the industry's 12 month performance to a gain of 42%. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024د.م35.3bد.م14.5bد.م1.2b26x29.2x2.4x
Mon, 22 Jan 2024د.م33.4bد.م14.5bد.م1.2b24.4x27.7x2.3x
Wed, 20 Dec 2023د.م32.0bد.م15.1bد.م1.2b20x26.1x2.1x
Fri, 17 Nov 2023د.م30.9bد.م14.5bد.م1.2b19.7x26.1x2.1x
Sun, 15 Oct 2023د.م31.8bد.م14.5bد.م1.2b20.3x26.8x2.2x
Tue, 12 Sep 2023د.م29.6bد.م13.9bد.م1.1b21.6x26x2.1x
Thu, 10 Aug 2023د.م29.9bد.م8.8bد.م890.7m24.2x33.6x3.4x
Sat, 08 Jul 2023د.م29.5bد.م8.8bد.م890.7m23.7x33.2x3.4x
Mon, 05 Jun 2023د.م27.6bد.م8.2bد.م864.8m23.1x31.9x3.4x
Wed, 03 May 2023د.م25.1bد.م8.2bد.م899.6m15.8x27.9x3x
Fri, 31 Mar 2023د.م24.8bد.م8.4bد.م929.9m11.2x26.6x3x
Sun, 26 Feb 2023د.م24.9bد.م8.4bد.م929.9m11.4x26.7x3x
Tue, 24 Jan 2023د.م23.2bد.م7.2bد.م887.1m15.6x26.1x3.2x
Thu, 22 Dec 2022د.م21.1bد.م10.0bد.م704.6m16.1x30x2.1x
Sat, 19 Nov 2022د.م20.7bد.م10.0bد.م704.6m15.4x29.3x2.1x
Mon, 17 Oct 2022د.م22.3bد.م10.0bد.م704.6m17x31.7x2.2x
Wed, 14 Sep 2022د.م24.7bد.م9.4bد.م639.2m39.5x38.6x2.6x
Fri, 12 Aug 2022د.م24.9bد.م9.4bد.م639.2m40.1x39x2.6x
Sun, 10 Jul 2022د.م24.3bد.م9.4bد.م639.2m39.3x38.1x2.6x
Tue, 07 Jun 2022د.م25.4bد.م9.5bد.م646.9m30.4x39.3x2.7x
Thu, 05 May 2022د.م26.1bد.م9.2bد.م590.9m20x44.1x2.8x
Sat, 02 Apr 2022د.م25.3bد.م9.2bد.م590.9m20.1x42.8x2.7x
Mon, 28 Feb 2022د.م26.3bد.م11.1bد.م639.5m17.1x41.2x2.4x
Wed, 26 Jan 2022د.م27.7bد.م10.9bد.م611.7m21.7x45.3x2.5x
Fri, 24 Dec 2021د.م27.0bد.م10.9bد.م611.7m21.4x44.1x2.5x
Sun, 21 Nov 2021د.م26.5bد.م10.9bد.م611.7m20.5x43.4x2.4x
Tue, 19 Oct 2021د.م26.5bد.م10.6bد.م453.7m17.9x58.4x2.5x
Thu, 16 Sep 2021د.م25.7bد.م11.4bد.م451.3m13.7x57x2.2x
Sat, 14 Aug 2021د.م25.2bد.م11.4bد.م555.1m13.7x45.4x2.2x
Wed, 09 Jun 2021د.م23.8bد.م11.4bد.م555.1m13.8x42.9x2.1x
Tue, 02 Mar 2021د.م21.3bد.م11.4bد.م555.1m13.6x38.5x1.9x
Price to Earnings Ratio

38.5x


Total Market Cap: د.م21.3bTotal Earnings: د.م555.1mTotal Revenue: د.م11.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Industrials Sector Price to Earnings3Y Average 36x202220232024
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 29.2x which is lower than its 3-year average PE of 36.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 8.5% 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 Market1.77%
Industrials2.34%
Infrastructure2.65%
Construction2.18%
Trade Distributors0.88%
Aerospace & Defense0%
Electrical0%
Industrials0%
Machinery0%
Commercial Services0%
Professional Services0%
Logistics0%
Airlines0%
Marine and Shipping0%
Building-0.33%
Transportation-0.46%
Industry PE
  • Investors are most optimistic about the Trade Distributors industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Building industry, expecting annual earnings growth of 87% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Infrastructure industry is expected to see its earnings grow by 14% 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.م292.002.7%
+د.م554.1m
31.5%PE24.8x
TGC Travaux Généraux de Construction de Casablancaد.م235.002.2%
+د.م161.4m
88.0%PE27.2x
DHO delta holdingد.م39.402.3%
+د.م78.8m
64.6%n/a
JET Jet Contractorsد.م355.001.4%
+د.م15.1m
71.5%PE28.1x
FBR Fenie Brossetteد.م91.981.1%
+د.م1.4m
-26.4%PE16.6x
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Latest News

JET

د.م355.00

Jet Contractors

7D

1.4%

1Y

71.5%

SNA

د.م10.67

Stokvis Nord Afrique

7D

0.6%

1Y

-9.9%

DHO

د.م39.40

delta holding

7D

2.3%

1Y

64.6%

ALM

د.م1,343.00

Aluminium Du Maroc

7D

-0.1%

1Y

-2.0%

FBR

د.م91.98

Fenie Brossette

7D

1.1%

1Y

-26.4%

AFI

د.م320.00

Afric Industries

7D

-1.5%

1Y

-8.5%

STR

د.م28.90

Stroc Industrie

7D

-0.2%

1Y

-17.5%