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Moroccan (MASI) Materials Sector Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies12
  • 7D-2.0%
  • 3M6.8%
  • 1Y42.6%
  • YTD38.0%

Over the last 7 days, the Materials industry has dropped 2.0%, driven by LafargeHolcim Maroc declining 3.1%. This takes the industry's 12 month performance to a gain of 43%. Looking forward, earnings are forecast to grow by 25% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025د.م164.9bد.م30.4bد.م3.7b29.1x44.6x5.4x
Thu, 14 Aug 2025د.م165.1bد.م30.4bد.م3.7b29.7x44.7x5.4x
Sat, 12 Jul 2025د.م158.8bد.م30.4bد.م3.7b26.5x42.9x5.2x
Mon, 09 Jun 2025د.م157.7bد.م31.0bد.م3.7b28.8x42.7x5.1x
Wed, 07 May 2025د.م151.7bد.م30.1bد.م3.5b28.6x43.6x5x
Fri, 04 Apr 2025د.م149.5bد.م28.1bد.م3.2b29.8x46.7x5.3x
Sun, 02 Mar 2025د.م133.0bد.م27.6bد.م3.1b28.8x42.6x4.8x
Tue, 28 Jan 2025د.م124.5bد.م27.5bد.م3.1b29.1x39.9x4.5x
Thu, 26 Dec 2024د.م118.6bد.م27.5bد.م3.1b28.6x38x4.3x
Sat, 23 Nov 2024د.م122.0bد.م27.5bد.م3.1b29.7x39.1x4.4x
Mon, 21 Oct 2024د.م112.3bد.م27.5bد.م3.1b26.3x35.9x4.1x
Wed, 18 Sep 2024د.م115.7bد.م27.8bد.م3.2b27.9x35.7x4.2x
Fri, 16 Aug 2024د.م117.1bد.م28.1bد.م3.3b27.4x36x4.2x
Sun, 14 Jul 2024د.م111.7bد.م28.1bد.م3.3b26.1x34.4x4x
Tue, 11 Jun 2024د.م109.7bد.م28.1bد.م3.3b26.1x33.7x3.9x
Thu, 09 May 2024د.م110.6bد.م28.1bد.م3.3b22x34x3.9x
Sat, 06 Apr 2024د.م98.5bد.م28.3bد.م3.4b25.1x28.8x3.5x
Mon, 04 Mar 2024د.م98.8bد.م28.3bد.م3.4b25.9x29.1x3.5x
Wed, 31 Jan 2024د.م97.0bد.م28.3bد.م3.5b20.9x27.6x3.4x
Fri, 29 Dec 2023د.م92.9bد.م29.3bد.م3.6b22.9x26.1x3.2x
Sun, 26 Nov 2023د.م93.1bد.م29.3bد.م3.6b22x26.2x3.2x
Tue, 24 Oct 2023د.م96.6bد.م29.3bد.م3.6b22.3x27.2x3.3x
Thu, 21 Sep 2023د.م87.3bد.م30.3bد.م4.4b17.9x19.7x2.9x
Sat, 19 Aug 2023د.م92.1bد.م30.2bد.م4.4b19.8x21.1x3x
Mon, 17 Jul 2023د.م90.4bد.م30.2bد.م4.4b18.9x20.8x3x
Wed, 14 Jun 2023د.م88.1bد.م30.2bد.م4.4b18.5x20.2x2.9x
Fri, 12 May 2023د.م88.4bد.م30.1bد.م4.4b18.8x20.2x2.9x
Sun, 09 Apr 2023د.م85.5bد.م30.7bد.م5.2b17.6x16.3x2.8x
Tue, 07 Mar 2023د.م85.9bد.م30.7bد.م5.2b17.3x16.4x2.8x
Thu, 02 Feb 2023د.م84.1bد.م30.7bد.م5.2b16.7x16.1x2.7x
Sat, 31 Dec 2022د.م85.5bد.م30.7bد.م5.2b16.9x16.3x2.8x
Mon, 28 Nov 2022د.م84.9bد.م30.7bد.م5.2b17.8x16.2x2.8x
Wed, 26 Oct 2022د.م87.4bد.م30.7bد.م5.2b18x16.7x2.8x
Fri, 23 Sep 2022د.م99.5bد.م27.5bد.م4.3b22.4x22.9x3.6x
Price to Earnings Ratio

22.9x


Total Market Cap: د.م99.5bTotal Earnings: د.م4.3bTotal Revenue: د.م27.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Materials Sector Price to Earnings3Y Average 30.1x202320242025
Current Industry PE
  • Investors are optimistic on the Moroccan Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.6x which is higher than its 3-year average PE of 30.1x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 5.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Moroccan Materials sector?

MA Market-2.22%
Materials-1.99%
Metals and Mining1.23%
Paper and Forestry Products-0.76%
Chemicals-4.24%
Basic Materials-5.57%
Industry PE
  • Investors are most optimistic about the Chemicals 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.
  • Investors are most pessimistic about the Paper and Forestry Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.5x.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 15% 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
MNG Managemد.م5.90k2.6%
+د.م1.8b
110.8%PE112.9x
CMA Ciments du Maroc Société Anonymeد.م1.97k1.0%
+د.م288.7m
4.8%PE31.1x
CMT Compagnie Minière de Touissitد.م2.85k3.3%
+د.م153.0m
70.5%PS8.2x
SMI Societe Metallurgique d'Imiter société anonymeد.م2.56k3.5%
+د.م143.1m
12.4%PE22.6x
SNP Société Nationale d'Electrolyse et de Pétrochimieد.م630.004.8%
+د.م66.1m
27.3%PS2.3x

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