Moroccan (MASI) Real Estate Sector Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies6
- 7D0.7%
- 3M-9.1%
- 1Y-9.8%
- YTD-9.2%
The Real Estate industry is up 1.4% in the last week, with Aradei Capital up 0.7%. In contrast, the industry has lost 10% in the last 12 months. As for the next few years, earnings are expected to grow by 71% per annum.
Sector Valuation and Performance
Has the Moroccan Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | د.م10.3b | د.م4.1b | د.م379.1m | 13.7x | 27.2x | 2.5x |
| Tue, 25 Oct 2022 | د.م10.3b | د.م4.1b | د.م379.1m | 13.2x | 27.1x | 2.5x |
| Thu, 22 Sep 2022 | د.م11.3b | د.م3.6b | د.م285.8m | 14.2x | 39.6x | 3.2x |
| Sat, 20 Aug 2022 | د.م11.2b | د.م3.6b | د.م285.8m | 13.8x | 39.3x | 3.1x |
| Mon, 18 Jul 2022 | د.م10.5b | د.م3.6b | د.م285.8m | 13.5x | 36.9x | 2.9x |
| Wed, 15 Jun 2022 | د.م11.2b | د.م3.8b | -د.م761,638,577.00 | 23.2x | -14.7x | 3x |
| Fri, 13 May 2022 | د.م11.6b | د.م3.8b | -د.م761,638,577.00 | 21.7x | -15.2x | 3.1x |
| Sun, 10 Apr 2022 | د.م11.9b | د.م3.8b | -د.م761,638,577.00 | 20.9x | -15.7x | 3.2x |
| Tue, 08 Mar 2022 | د.م10.7b | د.م3.7b | -د.م1,050,165,577.00 | 82.4x | -10.2x | 2.9x |
| Thu, 03 Feb 2022 | د.م12.2b | د.م3.6b | -د.م1,069,132,607.00 | 85.7x | -11.4x | 3.4x |
| Sat, 01 Jan 2022 | د.م11.3b | د.م3.6b | -د.م1,069,132,607.00 | 79.5x | -10.6x | 3.1x |
| Mon, 29 Nov 2021 | د.م11.2b | د.م3.6b | -د.م1,069,132,607.00 | 78.6x | -10.5x | 3.1x |
| Wed, 27 Oct 2021 | د.م11.6b | د.م4.3b | -د.م564,564,389.00 | 145.8x | -20.5x | 2.7x |
| Fri, 24 Sep 2021 | د.م11.7b | د.م4.1b | -د.م635,498,389.00 | 218.6x | -18.4x | 2.8x |
| Sun, 22 Aug 2021 | د.م11.4b | د.م4.1b | -د.م635,498,389.00 | 218.1x | -17.9x | 2.8x |
| Fri, 09 Jul 2021 | د.م11.1b | د.م4.1b | -د.م635,498,389.00 | 222.2x | -17.5x | 2.7x |
| Thu, 01 Apr 2021 | د.م8.9b | د.م4.1b | -د.م635,498,389.00 | 219.6x | -14x | 2.2x |
| Sun, 03 Jan 2021 | د.م9.2b | د.م4.1b | -د.م635,498,389.00 | 221.8x | -14.4x | 2.2x |
| Wed, 07 Oct 2020 | د.م4.4b | د.م4.4b | -د.م280,906,389.00 | 161.6x | -15.6x | 1x |
| Tue, 30 Jun 2020 | د.م5.2b | د.م4.9b | د.م91.3m | 335.1x | 57.4x | 1.1x |
| Fri, 03 Apr 2020 | د.م4.9b | د.م5.9b | د.م404.5m | 20.4x | 12.1x | 0.8x |
| Mon, 06 Jan 2020 | د.م6.8b | د.م7.0b | د.م729.2m | 14.4x | 9.4x | 1x |
Price to Earnings Ratio
6.7x
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 27.4x which is higher than its 3-year average PE of 1.3x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 23% per year over the last three years,
- Revenues have also declined 17% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Moroccan Real Estate sector?
| MA Market | -0.059% | |
| Real Estate | 0.73% | |
| Real Estate | 0.73% | |
| REITS | 0% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 1.3x.
- Analysts are expecting annual earnings growth of 71.3%, which is lower than the prior year's growth of 262.0% per year.
- 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 1.3x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 71% over the next 5 years.
- However this is lower than its past earnings growth rate of 262% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 71% 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 | |
|---|---|---|---|---|---|
| ADI Alliances Developpement Immobilier | د.م57.00 | 3.6% +د.م44.2m | 41.4% | PB0.4x | |
| ADH Douja Promotion Groupe Addoha | د.م6.60 | 1.7% +د.م44.0m | -35.7% | PB0.3x | |
| ARD Aradei Capital | د.م430.05 | 0.7% +د.م34.2m | 4.9% | PB1.2x |