UpdatedFeb 29, 2024

DataAggregated Company Financials

Companies7

- 7D0.6%
- 3M4.7%
- 1Y-3.6%
- YTD3.7%

Over the last 7 days, the Tech industry has dropped 1.6%, driven by a pullback from M2M Group of 8.6%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 19% per annum.

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

Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
---|---|---|---|---|---|---|

Fri, 01 Mar 2024 | د.م2.4b | د.م3.1b | د.م106.1m | 7.1x | 22.6x | 0.8x |

Sun, 28 Jan 2024 | د.م2.4b | د.م3.0b | د.م100.4m | 7.4x | 24.3x | 0.8x |

Tue, 26 Dec 2023 | د.م2.2b | د.م3.0b | د.م100.4m | 7.4x | 22.3x | 0.7x |

Thu, 23 Nov 2023 | د.م2.3b | د.م3.0b | د.م100.4m | 7x | 23.1x | 0.8x |

Sat, 21 Oct 2023 | د.م2.3b | د.م3.0b | د.م100.4m | 7.4x | 23.2x | 0.8x |

Mon, 18 Sep 2023 | د.م2.3b | د.م3.0b | د.م113.9m | 6.6x | 20.6x | 0.8x |

Wed, 16 Aug 2023 | د.م2.4b | د.م3.0b | د.م113.9m | 6.7x | 21.2x | 0.8x |

Fri, 14 Jul 2023 | د.م3.0b | د.م3.0b | د.م123.1m | 15.4x | 24.6x | 1x |

Sun, 11 Jun 2023 | د.م3.1b | د.م3.0b | د.م137.0m | 16.2x | 22.5x | 1x |

Tue, 09 May 2023 | د.م3.0b | د.م3.0b | د.م137.0m | 16x | 22.2x | 1x |

Thu, 06 Apr 2023 | د.م3.2b | د.م3.0b | د.م124.4m | 18.4x | 25.4x | 1.1x |

Sat, 04 Mar 2023 | د.م7.7b | د.م3.8b | د.م288.0m | 20.3x | 26.9x | 2.1x |

Mon, 30 Jan 2023 | د.م7.4b | د.م3.7b | د.م288.0m | 18.9x | 25.8x | 2x |

Wed, 28 Dec 2022 | د.م7.4b | د.م3.7b | د.م288.0m | 19.5x | 25.7x | 2x |

Fri, 25 Nov 2022 | د.م7.6b | د.م3.7b | د.م288.0m | 19x | 26.3x | 2x |

Sun, 23 Oct 2022 | د.م7.0b | د.م3.7b | د.م288.0m | 17.2x | 24.3x | 1.9x |

Tue, 20 Sep 2022 | د.م7.5b | د.م3.5b | د.م254.7m | 31.2x | 29.3x | 2.1x |

Thu, 18 Aug 2022 | د.م7.5b | د.م3.5b | د.م254.7m | 31.6x | 29.6x | 2.2x |

Sat, 16 Jul 2022 | د.م6.7b | د.م3.5b | د.م254.7m | 29x | 26.5x | 1.9x |

Mon, 13 Jun 2022 | د.م7.0b | د.م3.7b | د.م254.8m | 43.8x | 27.5x | 1.9x |

Wed, 11 May 2022 | د.م7.0b | د.م3.6b | د.م251.1m | 29.5x | 27.7x | 1.9x |

Fri, 08 Apr 2022 | د.م6.9b | د.م3.6b | د.م251.1m | 29.5x | 27.6x | 1.9x |

Sun, 06 Mar 2022 | د.م6.7b | د.م3.5b | د.م215.7m | 37.3x | 31.2x | 1.9x |

Tue, 01 Feb 2022 | د.م7.3b | د.م3.5b | د.م215.7m | 40.9x | 33.8x | 2.1x |

Thu, 30 Dec 2021 | د.م7.2b | د.م3.5b | د.م215.7m | 40.8x | 33.2x | 2x |

Sat, 27 Nov 2021 | د.م7.0b | د.م3.5b | د.م215.7m | 39.2x | 32.4x | 2x |

Mon, 25 Oct 2021 | د.م8.2b | د.م3.6b | د.م224.0m | 43.2x | 36.6x | 2.3x |

Wed, 22 Sep 2021 | د.م7.9b | د.م3.4b | د.م199.2m | 37.5x | 39.7x | 2.3x |

Fri, 20 Aug 2021 | د.م7.5b | د.م3.4b | د.م199.2m | 35.7x | 37.7x | 2.2x |

Fri, 04 Jun 2021 | د.م7.2b | د.م3.4b | د.م199.2m | 33.6x | 36.1x | 2.1x |

Mon, 08 Mar 2021 | د.م7.5b | د.م3.4b | د.م199.2m | 36.7x | 37.4x | 2.2x |

Price to Earnings Ratio

37.4x

- 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 22.3x which is lower than its 3-year average PE of 28.6x.

- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 0.76x.

- The earnings for companies in the Information Technology industry have declined 19% per year over the last three years,
- Revenues have also declined 3.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.

Which industries have driven the changes within the Moroccan Tech sector?

MA Market | 1.49% | |

Tech | 0.64% | |

IT | 2.19% | |

Electronic Equipment and Components | 1.54% | |

Communications | 0% | |

Tech Hardware | 0% | |

Semiconductors | 0% | |

Software | -2.76% |

- Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 15.7x.
- Analysts are expecting annual earnings growth of 19.2%, which is higher than its past year's earnings decline of 24.8% per year.

- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings decline of 25% per year.

- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 19% per year over the next few years.

Which companies have driven the market over the last 7 days?

Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|

MIC Microdata | د.م692.00 | 1.9% +د.م5.5m | 26.3% | PE6x | |

DYT Disty Technologies | د.م215.00 | 2.4% +د.م5.0m | 13.2% | n/a | |

M2M M2M Group | د.م552.00 | 0.4% +د.م1.3m | -29.1% | PS5.5x | |

INV INVOLYS | د.م88.40 | 0.5% +د.م153.1k | -9.8% | PS0.7x |