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Moroccan (MASI) Real Estate Sector Analysis

UpdatedJul 23, 2024
DataAggregated Company Financials
Companies6
  • 7D2.6%
  • 3M-0.9%
  • 1Y114.1%
  • YTD71.1%

The Real Estate industry is up 2.6% in the last week, with Alliances Developpement Immobilier up 7.9%. In the last 12 months, the industry was up 114%. As for the next few years, earnings are expected to grow by 30% per annum.

Sector Valuation and Performance

Has the Moroccan Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jul 2024د.م26.8bد.م5.3bد.م628.5m36.9x42.6x5x
Fri, 21 Jun 2024د.م26.3bد.م5.3bد.م628.5m43.4x41.8x4.9x
Sun, 19 May 2024د.م27.9bد.م5.3bد.م628.5m46.1x44.4x5.2x
Tue, 16 Apr 2024د.م28.7bد.م5.0bد.م517.9m58.5x55.4x5.8x
Thu, 14 Mar 2024د.م19.3bد.م5.0bد.م517.9m57.3x37.2x3.9x
Sat, 10 Feb 2024د.م17.4bد.م4.9bد.م485.2m54.9x35.9x3.5x
Mon, 08 Jan 2024د.م16.2bد.م4.9bد.م485.2m48.3x33.3x3.3x
Wed, 06 Dec 2023د.م15.0bد.م5.0bد.م475.6m47.8x31.5x3x
Fri, 03 Nov 2023د.م15.2bد.م5.0bد.م475.6m45.5x31.9x3x
Sun, 01 Oct 2023د.م15.8bد.م4.2bد.م413.0m21.5x38.2x3.7x
Tue, 29 Aug 2023د.م12.6bد.م4.4bد.م429.3m21.7x29.3x2.9x
Thu, 27 Jul 2023د.م12.3bد.م4.4bد.م429.3m21.6x28.7x2.8x
Sat, 24 Jun 2023د.م12.3bد.م4.4bد.م429.3m21.9x28.7x2.8x
Mon, 22 May 2023د.م10.9bد.م4.8bد.م420.7m30.1x25.9x2.3x
Wed, 19 Apr 2023د.م9.7bد.م4.2bد.م278.9m20.6x34.8x2.3x
Fri, 17 Mar 2023د.م9.5bد.م4.2bد.م407.1m12.8x23.3x2.3x
Sun, 12 Feb 2023د.م11.0bد.م4.2bد.م407.1m13x27.1x2.6x
Tue, 10 Jan 2023د.م10.3bد.م4.1bد.م397.2m12.8x25.8x2.5x
Thu, 08 Dec 2022د.م10.1bد.م4.1bد.م379.1m13.9x26.8x2.5x
Sat, 05 Nov 2022د.م10.3bد.م4.1bد.م379.1m13.2x27.1x2.5x
Mon, 03 Oct 2022د.م10.6bد.م3.6bد.م293.5m12.9x36x2.9x
Wed, 31 Aug 2022د.م11.1bد.م3.6bد.م285.8m13.6x38.8x3.1x
Fri, 29 Jul 2022د.م10.4bد.م3.6bد.م285.8m13.6x36.4x2.9x
Sun, 26 Jun 2022د.م10.8bد.م3.9b-د.م238,200,577.0018.4x-45.3x2.8x
Tue, 24 May 2022د.م11.5bد.م3.8b-د.م761,638,577.0022.4x-15.1x3x
Thu, 21 Apr 2022د.م12.0bد.م3.8b-د.م761,638,577.0022.4x-15.8x3.2x
Sat, 19 Mar 2022د.م11.3bد.م3.8b-د.م761,638,577.0020.9x-14.9x3x
Mon, 14 Feb 2022د.م12.6bد.م3.6b-د.م1,069,132,607.0086.4x-11.8x3.5x
Wed, 12 Jan 2022د.م11.4bد.م3.6b-د.م1,069,132,607.0077.6x-10.7x3.1x
Fri, 10 Dec 2021د.م11.5bد.م3.6b-د.م1,069,132,607.0077.5x-10.8x3.2x
Sun, 07 Nov 2021د.م11.0bد.م4.1b-د.م531,712,389.0077.6x-20.7x2.7x
Tue, 05 Oct 2021د.م11.1bد.م4.3b-د.م564,564,389.00139.7x-19.6x2.6x
Thu, 02 Sep 2021د.م11.7bد.م4.1b-د.م635,498,389.00219.1x-18.5x2.9x
Sat, 31 Jul 2021د.م10.5bد.م4.1b-د.م635,498,389.00221x-16.5x2.5x
Price to Earnings Ratio

-16.5x


Total Market Cap: د.م10.5bTotal Earnings: -د.م635,498,389.00Total Revenue: د.م4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Real Estate Sector Price to Earnings3Y Average 17.9x202220232024
Current Industry PE
  • Investors are optimistic on the Moroccan Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 42.6x which is higher than its 3-year average PE of 17.9x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.8% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Moroccan Real Estate sector?

MA Market0.92%
Real Estate2.61%
Real Estate2.68%
REITS0.60%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
Industry PE
  • Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 471x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.7x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 30% 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
ADI Alliances Developpement Immobilierد.م259.007.9%
+د.م419.5m
215.9%PE23.9x
ADH Douja Promotion Groupe Addohaد.م30.153.4%
+د.م395.8m
204.9%PE69x
RDS Résidences Dar Saadaد.م84.0010.1%
+د.م201.5m
344.9%PS5.2x
MAB Société Maghrébine de Crédit-bailد.م970.006.1%
+د.م77.5m
n/aPE10.5x
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Latest News

ARD

د.م508.00

Aradei Capital

7D

-2.9%

1Y

16.7%

BAL

د.م188.00

Société Immobilière Balima

7D

-8.3%

1Y

n/a

ADI

د.م259.00

Alliances Developpement Immobilier

7D

7.9%

1Y

215.9%

MAB

د.م970.00

Société Maghrébine de Crédit-bail

7D

6.1%

1Y

n/a

ADH

د.م30.15

Douja Promotion Groupe Addoha

7D

3.4%

1Y

204.9%

RDS

د.م84.00

Résidences Dar Saada

7D

10.1%

1Y

344.9%