Moroccan (MASI) Materials Sector Analysis
UpdatedDec 07, 2022
DataAggregated Company Financials
Companies11
- 7D5.0%
- 3M-11.0%
- 1Y-14.0%
- YTD-15.5%
Over the last 7 days, the Materials industry has remained flat. Unfortunately though, the industry is down 16% over the past 12 months. As for the next few years, earnings are expected to grow by 5.2% per annum.
Sector Valuation and Performance
Has the Moroccan Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | د.م88.1b | د.م30.7b | د.م5.2b | 18.4x | 16.8x | 2.9x |
| Sat, 05 Nov 2022 | د.م85.3b | د.م30.7b | د.م5.2b | 18x | 16.3x | 2.8x |
| Mon, 03 Oct 2022 | د.م93.2b | د.م27.8b | د.م4.5b | 22.4x | 20.9x | 3.4x |
| Wed, 31 Aug 2022 | د.م97.5b | د.م27.5b | د.م4.3b | 22.3x | 22.4x | 3.5x |
| Fri, 29 Jul 2022 | د.م91.4b | د.م27.5b | د.م4.3b | 20.5x | 21x | 3.3x |
| Sun, 26 Jun 2022 | د.م96.4b | د.م28.0b | د.م4.3b | 22.4x | 22.3x | 3.4x |
| Tue, 24 May 2022 | د.م102.8b | د.م27.9b | د.م4.3b | 21x | 23.7x | 3.7x |
| Thu, 21 Apr 2022 | د.م105.5b | د.م24.8b | د.م3.7b | 23.2x | 28.3x | 4.3x |
| Sat, 19 Mar 2022 | د.م100.3b | د.م24.8b | د.م3.7b | 22.3x | 26.9x | 4.1x |
| Mon, 14 Feb 2022 | د.م111.6b | د.م24.7b | د.م3.7b | 25.8x | 30x | 4.5x |
| Wed, 12 Jan 2022 | د.م106.6b | د.م24.6b | د.م3.7b | 32.5x | 28.8x | 4.3x |
| Fri, 10 Dec 2021 | د.م103.3b | د.م24.6b | د.م3.7b | 31.9x | 27.9x | 4.2x |
| Sun, 07 Nov 2021 | د.م104.7b | د.م24.6b | د.م3.7b | 31x | 28.3x | 4.2x |
| Tue, 05 Oct 2021 | د.م102.9b | د.م23.3b | د.م3.5b | 24.5x | 29.3x | 4.4x |
| Thu, 02 Sep 2021 | د.م97.0b | د.م22.1b | د.م2.6b | 33.5x | 36.9x | 4.4x |
| Sat, 31 Jul 2021 | د.م93.0b | د.م22.1b | د.م2.6b | 33.5x | 35.4x | 4.2x |
| Tue, 04 May 2021 | د.م91.0b | د.م22.1b | د.م2.6b | 36.4x | 34.6x | 4.1x |
| Fri, 05 Feb 2021 | د.م84.4b | د.م22.1b | د.م2.6b | 32.1x | 32.1x | 3.8x |
| Mon, 09 Nov 2020 | د.م75.2b | د.م21.8b | د.م2.3b | 27.8x | 33x | 3.4x |
| Sun, 02 Aug 2020 | د.م69.8b | د.م21.6b | د.م1.9b | 22x | 36.2x | 3.2x |
| Wed, 06 May 2020 | د.م58.5b | د.م22.4b | د.م2.3b | 18.9x | 25.5x | 2.6x |
| Sat, 08 Feb 2020 | د.م86.8b | د.م23.3b | د.م2.7b | 19x | 32.6x | 3.7x |
Price to Earnings Ratio
31.5x
Current Industry PE
- Investors are pessimistic on the Moroccan Materials 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 16.3x which is lower than its 3-year average PE of 29.5x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 9.7% 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 Materials sector?
| MA Market | 2.84% | |
| Materials | 4.98% | |
| Metals and Mining | 5.54% | |
| Basic Materials | 4.83% | |
| Chemicals | 1.21% | |
| Packaging | 0% | |
| Paper and Forestry Products | 0% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry even though it's trading below its 3-year average PE ratio of 25.0x.
- Analysts are expecting annual earnings growth of 11.8%, which is higher than its past year's earnings decline of 8.7% per year.
- Investors are most pessimistic about the Chemicals industry, which is trading below its 3-year average of 19.0x.
Forecasted Growth
- Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 12% over the next 5 years.
- This is better than its past earnings decline of 8.7% per year.
- In contrast, the Metals and Mining industry is expected to see its earnings decline by 7.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CMA Ciments du Maroc Société Anonyme | د.م1.40k | 8.9% +د.م1.6b | -24.8% | PE18.4x | |
| LHM LafargeHolcim Maroc | د.م1.48k | 3.2% +د.م1.1b | -30.0% | PE19.9x | |
| MNG Managem | د.م2.33k | 3.4% +د.م769.3m | 45.4% | PE12.3x | |
| SID SONASID | د.م600.00 | 6.8% +د.م148.2m | -1.6% | PE19.5x | |
| CMT Compagnie Minière de Touissit | د.م1.87k | 0.6% +د.م18.5m | 10.0% | PE18.2x |