Moroccan (MASI) Real Estate Industry Analysis
UpdatedApr 13, 2024
DataAggregated Company Financials
Companies5
- 7D13.1%
- 3M68.4%
- 1Y198.2%
- YTD77.7%
The Real Estate industry is up 13% in the last week, with Douja Promotion Groupe Addoha up 21%. In the last 12 months, the industry was up 198%. Looking forward, earnings are forecast to grow by 26% 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 |
|---|---|---|---|---|---|---|
| Sun, 14 Apr 2024 | د.م25.9b | د.م4.9b | د.م516.4m | 42.9x | 50.2x | 5.3x |
| Tue, 12 Mar 2024 | د.م18.4b | د.م4.9b | د.م476.5m | 40.9x | 38.7x | 3.8x |
| Thu, 08 Feb 2024 | د.م17.4b | د.م4.9b | د.م485.2m | 54.9x | 35.8x | 3.5x |
| Sat, 06 Jan 2024 | د.م16.2b | د.م4.9b | د.م485.2m | 48.3x | 33.3x | 3.3x |
| Mon, 04 Dec 2023 | د.م14.9b | د.م5.0b | د.م475.6m | 47.8x | 31.4x | 3x |
| Wed, 01 Nov 2023 | د.م15.4b | د.م5.0b | د.م475.3m | 45.5x | 32.3x | 3.1x |
| Fri, 29 Sep 2023 | د.م15.8b | د.م4.2b | د.م413.0m | 21.5x | 38.2x | 3.7x |
| Sun, 27 Aug 2023 | د.م12.4b | د.م4.4b | د.م429.3m | 21.3x | 28.8x | 2.8x |
| Tue, 25 Jul 2023 | د.م12.4b | د.م4.4b | د.م429.3m | 21.5x | 28.9x | 2.9x |
| Thu, 22 Jun 2023 | د.م12.5b | د.م4.4b | د.م429.3m | 22.1x | 29.1x | 2.9x |
| Sat, 20 May 2023 | د.م10.9b | د.م4.3b | د.م304.6m | 25.9x | 35.8x | 2.5x |
| Mon, 17 Apr 2023 | د.م9.7b | د.م4.2b | د.م278.9m | 20.7x | 34.8x | 2.3x |
| Wed, 15 Mar 2023 | د.م9.4b | د.م4.2b | د.م407.1m | 12.7x | 23.2x | 2.3x |
| Fri, 10 Feb 2023 | د.م10.9b | د.م4.2b | د.م407.1m | 13x | 26.9x | 2.6x |
| Sun, 08 Jan 2023 | د.م10.4b | د.م4.0b | د.م363.9m | 13x | 28.6x | 2.6x |
| Tue, 06 Dec 2022 | د.م10.3b | د.م4.1b | د.م379.1m | 13.9x | 27.2x | 2.5x |
| Thu, 03 Nov 2022 | د.م10.3b | د.م4.1b | د.م379.1m | 13.3x | 27.3x | 2.5x |
| Sat, 01 Oct 2022 | د.م10.6b | د.م3.6b | د.م293.5m | 12.9x | 36x | 2.9x |
| Mon, 29 Aug 2022 | د.م11.1b | د.م3.6b | د.م285.8m | 13.6x | 39x | 3.1x |
| Wed, 27 Jul 2022 | د.م10.6b | د.م3.6b | د.م285.8m | 13.5x | 36.9x | 2.9x |
| Fri, 24 Jun 2022 | د.م10.9b | د.م3.9b | -د.م238,200,577.00 | 18.5x | -45.8x | 2.8x |
| Sun, 22 May 2022 | د.م11.5b | د.م3.8b | -د.م761,638,577.00 | 22.4x | -15.1x | 3.1x |
| Tue, 19 Apr 2022 | د.م12.1b | د.م3.8b | -د.م761,638,577.00 | 21.7x | -15.9x | 3.2x |
| Thu, 17 Mar 2022 | د.م11.5b | د.م3.8b | -د.م761,638,577.00 | 20.9x | -15.1x | 3x |
| Sat, 12 Feb 2022 | د.م12.6b | د.م3.6b | -د.م1,069,132,607.00 | 86.4x | -11.8x | 3.5x |
| Mon, 10 Jan 2022 | د.م11.4b | د.م3.6b | -د.م1,069,132,607.00 | 77.3x | -10.7x | 3.1x |
| Wed, 08 Dec 2021 | د.م11.3b | د.م3.6b | -د.م1,069,132,607.00 | 77.6x | -10.5x | 3.1x |
| Fri, 05 Nov 2021 | د.م11.3b | د.م4.1b | -د.م531,712,389.00 | 77.6x | -21.3x | 2.7x |
| Sun, 03 Oct 2021 | د.م11.3b | د.م4.2b | -د.م597,552,389.00 | 139.4x | -18.9x | 2.7x |
| Tue, 31 Aug 2021 | د.م11.9b | د.م4.1b | -د.م635,498,389.00 | 220.6x | -18.7x | 2.9x |
| Wed, 07 Jul 2021 | د.م11.1b | د.م4.1b | -د.م635,498,389.00 | 222.2x | -17.5x | 2.7x |
Price to Earnings Ratio
-14.3x
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 50.2x which is higher than its 3-year average PE of 12.5x.
- The 3-year average PS ratio of 2.9x 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 6.1% 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 | 1.49% | |
| Real Estate | 12.54% | |
| Real Estate | 13.06% | |
| Real Estate Development | 20.95% | |
| Diversified Real Estate | 12.53% | |
| Real Estate Services | 0% | |
| Real Estate Operating Companies | -1.92% | |
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 26.9% and investors are willing to pay a premium for that growth.
- Investors are most pessimistic about the Real Estate Operating Companies industry, which is trading below its 3-year average of 62.1x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 27% over the next 5 years.
- In contrast, the Diversified Real Estate industry is expected to see its earnings grow by 23% 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.م31.06 | 21.0% +د.م2.2b | 444.9% | PE153x | |
| ADI Alliances Developpement Immobilier | د.م270.00 | 13.4% +د.م706.5m | 355.6% | PE28.5x | |
| RDS Résidences Dar Saada | د.م54.42 | 21.0% +د.م247.1m | 444.2% | PS2.8x | |
| MAB Société Maghrébine de Crédit-bail | د.م925.00 | 0.5% +د.م6.9m | 4.0% | PE10x |