Have your own idea? Try our Stock Screener
Moroccan (MASI) Real Estate Sector Analysis
UpdatedOct 22, 2024
DataAggregated Company Financials
Companies6
- 7D2.0%
- 3M7.3%
- 1Y87.4%
- YTD85.6%
Over the last 7 days, the Real Estate industry has risen 2.0%, driven by gains from Douja Promotion Groupe Addoha of 4.3%. This takes the industry's 12 month performance to a gain of 87%. As for the next few years, earnings are expected to grow by 41% 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 |
|---|---|---|---|---|---|---|
| Tue, 22 Oct 2024 | د.م29.1b | د.م5.5b | د.م693.0m | 32.3x | 41.9x | 5.3x |
| Thu, 19 Sep 2024 | د.م30.9b | د.م5.3b | د.م628.5m | 44.9x | 49.2x | 5.8x |
| Sat, 17 Aug 2024 | د.م27.0b | د.م5.3b | د.م628.5m | 43x | 42.9x | 5.1x |
| Mon, 15 Jul 2024 | د.م26.0b | د.م5.3b | د.م628.5m | 40.2x | 41.4x | 4.9x |
| Wed, 12 Jun 2024 | د.م26.1b | د.م5.3b | د.م628.5m | 43.4x | 41.6x | 4.9x |
| Fri, 10 May 2024 | د.م27.1b | د.م6.4b | د.م628.5m | 45.1x | 43.1x | 4.3x |
| Sun, 07 Apr 2024 | د.م23.8b | د.م5.0b | د.م517.9m | 57.3x | 45.9x | 4.8x |
| Tue, 05 Mar 2024 | د.م19.2b | د.م5.0b | د.م478.1m | 60.9x | 40.2x | 3.9x |
| Thu, 01 Feb 2024 | د.م17.4b | د.م4.9b | د.م485.2m | 52.5x | 35.8x | 3.5x |
| Sat, 30 Dec 2023 | د.م15.0b | د.م4.9b | د.م485.2m | 48.3x | 30.9x | 3x |
| Mon, 27 Nov 2023 | د.م15.5b | د.م5.0b | د.م475.6m | 47.8x | 32.7x | 3.1x |
| Wed, 25 Oct 2023 | د.م15.4b | د.م5.0b | د.م475.3m | 45.5x | 32.3x | 3.1x |
| Fri, 22 Sep 2023 | د.م15.4b | د.م4.2b | د.م408.4m | 21.7x | 37.8x | 3.7x |
| Sun, 20 Aug 2023 | د.م12.5b | د.م4.4b | د.م429.3m | 21.8x | 29.1x | 2.9x |
| Tue, 18 Jul 2023 | د.م12.4b | د.م4.4b | د.م429.3m | 21.6x | 29x | 2.9x |
| Thu, 15 Jun 2023 | د.م12.4b | د.م4.4b | د.م420.7m | 28.2x | 29.4x | 2.8x |
| Sat, 13 May 2023 | د.م11.0b | د.م4.4b | د.م304.6m | 21.8x | 36.1x | 2.5x |
| Mon, 10 Apr 2023 | د.م9.8b | د.م4.2b | د.م278.9m | 20.6x | 35x | 2.3x |
| Wed, 08 Mar 2023 | د.م9.8b | د.م4.2b | د.م407.1m | 13.2x | 24x | 2.3x |
| Fri, 03 Feb 2023 | د.م10.7b | د.م4.2b | د.م407.1m | 12.6x | 26.4x | 2.6x |
| Sun, 01 Jan 2023 | د.م10.8b | د.م4.1b | د.م387.3m | 12.9x | 27.8x | 2.7x |
| Tue, 29 Nov 2022 | د.م10.4b | د.م4.1b | د.م379.1m | 13.6x | 27.4x | 2.6x |
| Thu, 27 Oct 2022 | د.م10.3b | د.م4.1b | د.م379.1m | 13.2x | 27.2x | 2.5x |
| Sat, 24 Sep 2022 | د.م11.0b | د.م3.6b | د.م285.8m | 13.5x | 38.5x | 3.1x |
| Mon, 22 Aug 2022 | د.م11.3b | د.م3.6b | د.م285.8m | 13.8x | 39.4x | 3.1x |
| Wed, 20 Jul 2022 | د.م10.5b | د.م3.6b | د.م285.8m | 13.5x | 36.9x | 2.9x |
| Fri, 17 Jun 2022 | د.م11.1b | د.م4.1b | -د.م238,200,577.00 | 18.9x | -46.7x | 2.7x |
| Sun, 15 May 2022 | د.م11.6b | د.م3.8b | -د.م761,638,577.00 | 21.7x | -15.2x | 3.1x |
| Tue, 12 Apr 2022 | د.م12.2b | د.م3.8b | -د.م761,638,577.00 | 21.8x | -16x | 3.2x |
| Thu, 10 Mar 2022 | د.م10.9b | د.م3.7b | -د.م1,050,165,577.00 | 82.7x | -10.4x | 3x |
| Sat, 05 Feb 2022 | د.م12.2b | د.م3.6b | -د.م1,069,132,607.00 | 86.3x | -11.4x | 3.4x |
| Mon, 03 Jan 2022 | د.م11.3b | د.م3.6b | -د.م1,069,132,607.00 | 79.5x | -10.6x | 3.1x |
| Wed, 01 Dec 2021 | د.م11.2b | د.م3.6b | -د.م1,069,132,607.00 | 77.3x | -10.5x | 3.1x |
| Fri, 29 Oct 2021 | د.م11.7b | د.م4.3b | -د.م573,859,389.00 | 76.6x | -20.4x | 2.7x |
Price to Earnings Ratio
-20.4x
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 41.9x which is higher than its 3-year average PE of 23.0x.
- The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 5.3x.
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 8.9% 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 Market | 0.23% | |
| Real Estate | 2.04% | |
| Real Estate | 2.11% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| REITS | -0.55% | |
Industry PE
- Investors are most optimistic about the REITS industry, which is trading close to its 3-year average PE ratio of 489x.
- 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 22.7x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 41% over the next 5 years.
- However this is lower than its past earnings growth rate of 64% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 41% 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 | |
|---|---|---|---|---|---|
| ADH Douja Promotion Groupe Addoha | د.م33.49 | 4.3% +د.م555.8m | 116.8% | PE76.6x | |
| ADI Alliances Developpement Immobilier | د.م300.00 | 2.4% +د.م154.6m | 172.1% | PE22.3x | |
| RDS Résidences Dar Saada | د.م75.30 | 0.2% +د.م3.9m | 234.7% | PS4.7x |