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Moroccan (MASI) Tech Sector Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
  • 7D-0.8%
  • 3M-4.4%
  • 1Y-6.2%
  • YTD-1.7%

The Tech industry has stayed flat over the last week. As for the longer term, the industry has declined 6.2% in the last year. Earnings are forecast to grow by 30% annually.

Sector Valuation and Performance

Has the Moroccan Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024د.م2.3bد.م3.0bد.م130.2m13.1x17.5x0.8x
Sun, 23 Jun 2024د.م2.4bد.م3.0bد.م130.2m13.6x18.1x0.8x
Tue, 21 May 2024د.م2.4bد.م3.0bد.م130.2m13.6x18.1x0.8x
Thu, 18 Apr 2024د.م2.4bد.م3.1bد.م97.6m6.8x24.4x0.8x
Sat, 16 Mar 2024د.م2.4bد.م3.1bد.م97.6m6.6x24.5x0.8x
Mon, 12 Feb 2024د.م2.4bد.م3.0bد.م100.4m7.8x23.9x0.8x
Wed, 10 Jan 2024د.م2.3bد.م3.0bد.م100.4m7.8x23.1x0.8x
Fri, 08 Dec 2023د.م2.2bد.م3.0bد.م100.4m7.3x22.3x0.7x
Sun, 05 Nov 2023د.م2.3bد.م3.0bد.م100.4m7.4x22.9x0.8x
Tue, 03 Oct 2023د.م2.4bد.م3.0bد.م111.5m7x21.3x0.8x
Thu, 31 Aug 2023د.م2.4bد.م3.0bد.م113.9m6.9x20.8x0.8x
Sat, 29 Jul 2023د.م3.1bد.م3.0bد.م123.1m15.9x24.8x1x
Mon, 26 Jun 2023د.م3.1bد.م3.0bد.م136.9m16.3x22.7x1x
Wed, 24 May 2023د.م3.1bد.م3.0bد.م137.0m16.2x22.7x1x
Fri, 21 Apr 2023د.م3.1bد.م3.0bد.م124.4m17.2x24.8x1x
Sun, 19 Mar 2023د.م3.2bد.م2.9bد.م138.4m18.6x22.9x1.1x
Tue, 14 Feb 2023د.م7.5bد.م3.8bد.م288.0m20x26.2x2x
Thu, 12 Jan 2023د.م7.2bد.م3.7bد.م288.0m18.7x24.9x1.9x
Sat, 10 Dec 2022د.م7.5bد.م3.7bد.م288.0m19x26.2x2x
Mon, 07 Nov 2022د.م7.6bد.م3.7bد.م288.0m19.2x26.5x2.1x
Wed, 05 Oct 2022د.م7.7bد.م3.7bد.م282.8m26x27.2x2.1x
Fri, 02 Sep 2022د.م7.4bد.م3.5bد.م254.7m30.9x29.2x2.1x
Sun, 31 Jul 2022د.م6.8bد.م3.5bد.م254.7m28.8x26.9x2x
Tue, 28 Jun 2022د.م6.9bد.م3.6bد.م244.6m38.3x28.4x1.9x
Thu, 26 May 2022د.م6.9bد.م3.7bد.م254.8m44x27.1x1.9x
Sat, 23 Apr 2022د.م7.2bد.م3.6bد.م251.1m30.7x28.6x2x
Mon, 21 Mar 2022د.م6.7bد.م3.6bد.م224.0m36.5x29.8x1.9x
Wed, 16 Feb 2022د.م7.1bد.م3.5bد.م215.7m39.7x32.9x2x
Fri, 14 Jan 2022د.م7.2bد.م3.5bد.م215.7m40.8x33.3x2x
Sun, 12 Dec 2021د.م7.1bد.م3.5bد.م215.7m40.3x32.8x2x
Tue, 09 Nov 2021د.م7.3bد.م3.5bد.م215.7m41.3x33.9x2.1x
Thu, 07 Oct 2021د.م8.0bد.م3.6bد.م201.3m42.3x39.6x2.2x
Sat, 04 Sep 2021د.م7.7bد.م3.4bد.م199.2m36.4x38.8x2.2x
Mon, 02 Aug 2021د.م7.3bد.م3.4bد.م199.2m34.7x36.5x2.1x
Price to Earnings Ratio

36.5x


Total Market Cap: د.م7.3bTotal Earnings: د.م199.2mTotal Revenue: د.م3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Tech Sector Price to Earnings3Y Average 26.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Moroccan Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 17.5x which is lower than its 3-year average PE of 26.6x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.75x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 13% per year over the last three years,
  • Revenues have also declined 4.2% 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 Tech sector?

MA Market0.43%
Tech-0.82%
Communications0%
Tech Hardware0%
Semiconductors0%
IT-0.17%
Software-0.27%
Electronic Equipment and Components-1.11%
Industry PE
  • Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 85.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the IT industry, which is trading below its 3-year average of 22.8x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Electronic Equipment and Components 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
M2M M2M Groupد.م455.000.5%
+د.م1.6m		-36.8%PS3.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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MIC

د.م630.10

Microdata

7D

-2.3%

1Y

21.6%

DWY

د.م680.00

Disway

7D

-1.3%

1Y

-5.3%

M2M

د.م455.00

M2M Group

7D

0.5%

1Y

-36.8%

INV

د.م87.94

INVOLYS

7D

-0.02%

1Y

-9.3%

S2M

د.م175.00

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7D

-1.7%

1Y

7.4%

DYT

د.م235.60

Disty Technologies

7D

-1.5%

1Y

13.5%

IBC

د.م29.00

IB Maroc.com

7D

-9.1%

1Y

9.5%