Moroccan (MASI) Real Estate Industry Analysis
UpdatedJul 18, 2024
DataAggregated Company Financials
Companies5
- 7D1.2%
- 3M-10.1%
- 1Y116.1%
- YTD73.2%
Over the last 7 days, the Real Estate industry has remained flat, although notably Aradei Capital gained 5.0%. As for the the longer term, the industry is up 114% over the past 12 months. Earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Moroccan Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Jul 2024 | د.م25.7b | د.م5.2b | د.م626.9m | 31.5x | 40.9x | 4.9x |
| Sat, 15 Jun 2024 | د.م25.6b | د.م5.2b | د.م626.9m | 33.3x | 40.8x | 4.9x |
| Mon, 13 May 2024 | د.م26.5b | د.م5.8b | د.م626.9m | 34.1x | 42.3x | 4.6x |
| Wed, 10 Apr 2024 | د.م25.9b | د.م4.9b | د.م516.4m | 42.9x | 50.2x | 5.3x |
| Fri, 08 Mar 2024 | د.م18.4b | د.م4.9b | د.م476.5m | 40.9x | 38.6x | 3.8x |
| Sun, 04 Feb 2024 | د.م17.2b | د.م4.9b | د.م485.2m | 54.9x | 35.5x | 3.5x |
| Tue, 02 Jan 2024 | د.م15.0b | د.م4.9b | د.م485.2m | 48.3x | 30.9x | 3x |
| Thu, 30 Nov 2023 | د.م15.5b | د.م5.0b | د.م475.6m | 47.8x | 32.6x | 3.1x |
| Sat, 28 Oct 2023 | د.م15.1b | د.م5.0b | د.م475.3m | 45.5x | 31.7x | 3x |
| Mon, 25 Sep 2023 | د.م15.7b | د.م4.2b | د.م408.4m | 21.7x | 38.5x | 3.8x |
| Wed, 23 Aug 2023 | د.م12.5b | د.م4.4b | د.م429.3m | 21.8x | 29.2x | 2.9x |
| Fri, 21 Jul 2023 | د.م12.5b | د.م4.4b | د.م429.3m | 21.5x | 29.1x | 2.9x |
| Sun, 18 Jun 2023 | د.م12.3b | د.م4.4b | د.م420.7m | 28.2x | 29.3x | 2.8x |
| Tue, 16 May 2023 | د.م11.1b | د.م4.4b | د.م304.6m | 21.8x | 36.4x | 2.5x |
| Thu, 13 Apr 2023 | د.م9.8b | د.م4.2b | د.م278.9m | 21.1x | 35.3x | 2.3x |
| Sat, 11 Mar 2023 | د.م9.7b | د.م4.2b | د.م407.1m | 13.2x | 23.8x | 2.3x |
| Mon, 06 Feb 2023 | د.م10.7b | د.م4.2b | د.م407.1m | 12.7x | 26.3x | 2.6x |
| Wed, 04 Jan 2023 | د.م10.6b | د.م4.1b | د.م387.3m | 13.1x | 27.4x | 2.6x |
| Fri, 02 Dec 2022 | د.م10.3b | د.م4.1b | د.م379.1m | 13.8x | 27.2x | 2.5x |
| Sun, 30 Oct 2022 | د.م10.3b | د.م4.1b | د.م379.1m | 13.2x | 27.3x | 2.5x |
| Tue, 27 Sep 2022 | د.م11.0b | د.م3.6b | د.م285.8m | 13.5x | 38.3x | 3.1x |
| Thu, 25 Aug 2022 | د.م11.2b | د.م3.6b | د.م285.8m | 13.9x | 39.2x | 3.1x |
| Sat, 23 Jul 2022 | د.م10.6b | د.م3.6b | د.م285.8m | 13.8x | 37.2x | 3x |
| Mon, 20 Jun 2022 | د.م11.0b | د.م3.9b | -د.م238,200,577.00 | 18.6x | -46x | 2.8x |
| Wed, 18 May 2022 | د.م11.5b | د.م3.8b | -د.م761,638,577.00 | 22.4x | -15.1x | 3.1x |
| Fri, 15 Apr 2022 | د.م12.0b | د.م3.8b | -د.م761,638,577.00 | 131.5x | -15.8x | 3.2x |
| Sun, 13 Mar 2022 | د.م11.2b | د.م3.7b | -د.م1,050,165,577.00 | 88.2x | -10.7x | 3x |
| Tue, 08 Feb 2022 | د.م12.3b | د.م3.6b | -د.م1,069,132,607.00 | 86.3x | -11.5x | 3.4x |
| Thu, 06 Jan 2022 | د.م11.4b | د.م3.6b | -د.م1,069,132,607.00 | 77.3x | -10.6x | 3.1x |
| Sat, 04 Dec 2021 | د.م11.2b | د.م3.6b | -د.م1,069,132,607.00 | 78.6x | -10.5x | 3.1x |
| Mon, 01 Nov 2021 | د.م11.6b | د.م4.1b | -د.م531,712,389.00 | 77.2x | -21.8x | 2.8x |
| Wed, 29 Sep 2021 | د.م11.5b | د.م4.2b | -د.م597,552,389.00 | 140.2x | -19.3x | 2.7x |
| Fri, 27 Aug 2021 | د.م11.5b | د.م4.1b | -د.م635,498,389.00 | 219x | -18x | 2.8x |
Price to Earnings Ratio
-17.1x
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 40.6x which is higher than its 3-year average PE of 17.6x.
- The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 4.9x.
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 8.4% 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 industry?
| MA Market | 1.28% | |
| Real Estate | 1.16% | |
| Real Estate | 1.20% | |
| Real Estate Operating Companies | 1.82% | |
| Real Estate Development | 1.16% | |
| Diversified Real Estate | 0.67% | |
| Real Estate Services | 0% | |
Industry PE
- Investors are most optimistic about the Real Estate Development industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 30.1%, which is lower than the prior year's growth of 365.6% per year.
- Investors are most pessimistic about the Real Estate Operating Companies industry, which is trading below its 3-year average of 44.1x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 30% over the next 5 years.
- In contrast, the Diversified 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ADH Douja Promotion Groupe Addoha | د.م29.32 | 1.1% +د.م127.9m | 183.6% | PE67.1x | |
| ARD Aradei Capital | د.م520.30 | 1.8% +د.م109.1m | 18.8% | PE22.5x | |
| ADI Alliances Developpement Immobilier | د.م246.70 | 0.7% +د.م38.6m | 182.3% | PE22.8x | |
| RDS Résidences Dar Saada | د.م77.11 | 1.5% +د.م29.4m | 303.7% | PS4.8x |