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Moroccan (MASI) Tech Sector Analysis

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.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024د.م2.4bد.م3.1bد.م106.1m7.1x22.6x0.8x
Sun, 28 Jan 2024د.م2.4bد.م3.0bد.م100.4m7.4x24.3x0.8x
Tue, 26 Dec 2023د.م2.2bد.م3.0bد.م100.4m7.4x22.3x0.7x
Thu, 23 Nov 2023د.م2.3bد.م3.0bد.م100.4m7x23.1x0.8x
Sat, 21 Oct 2023د.م2.3bد.م3.0bد.م100.4m7.4x23.2x0.8x
Mon, 18 Sep 2023د.م2.3bد.م3.0bد.م113.9m6.6x20.6x0.8x
Wed, 16 Aug 2023د.م2.4bد.م3.0bد.م113.9m6.7x21.2x0.8x
Fri, 14 Jul 2023د.م3.0bد.م3.0bد.م123.1m15.4x24.6x1x
Sun, 11 Jun 2023د.م3.1bد.م3.0bد.م137.0m16.2x22.5x1x
Tue, 09 May 2023د.م3.0bد.م3.0bد.م137.0m16x22.2x1x
Thu, 06 Apr 2023د.م3.2bد.م3.0bد.م124.4m18.4x25.4x1.1x
Sat, 04 Mar 2023د.م7.7bد.م3.8bد.م288.0m20.3x26.9x2.1x
Mon, 30 Jan 2023د.م7.4bد.م3.7bد.م288.0m18.9x25.8x2x
Wed, 28 Dec 2022د.م7.4bد.م3.7bد.م288.0m19.5x25.7x2x
Fri, 25 Nov 2022د.م7.6bد.م3.7bد.م288.0m19x26.3x2x
Sun, 23 Oct 2022د.م7.0bد.م3.7bد.م288.0m17.2x24.3x1.9x
Tue, 20 Sep 2022د.م7.5bد.م3.5bد.م254.7m31.2x29.3x2.1x
Thu, 18 Aug 2022د.م7.5bد.م3.5bد.م254.7m31.6x29.6x2.2x
Sat, 16 Jul 2022د.م6.7bد.م3.5bد.م254.7m29x26.5x1.9x
Mon, 13 Jun 2022د.م7.0bد.م3.7bد.م254.8m43.8x27.5x1.9x
Wed, 11 May 2022د.م7.0bد.م3.6bد.م251.1m29.5x27.7x1.9x
Fri, 08 Apr 2022د.م6.9bد.م3.6bد.م251.1m29.5x27.6x1.9x
Sun, 06 Mar 2022د.م6.7bد.م3.5bد.م215.7m37.3x31.2x1.9x
Tue, 01 Feb 2022د.م7.3bد.م3.5bد.م215.7m40.9x33.8x2.1x
Thu, 30 Dec 2021د.م7.2bد.م3.5bد.م215.7m40.8x33.2x2x
Sat, 27 Nov 2021د.م7.0bد.م3.5bد.م215.7m39.2x32.4x2x
Mon, 25 Oct 2021د.م8.2bد.م3.6bد.م224.0m43.2x36.6x2.3x
Wed, 22 Sep 2021د.م7.9bد.م3.4bد.م199.2m37.5x39.7x2.3x
Fri, 20 Aug 2021د.م7.5bد.م3.4bد.م199.2m35.7x37.7x2.2x
Fri, 04 Jun 2021د.م7.2bد.م3.4bد.م199.2m33.6x36.1x2.1x
Mon, 08 Mar 2021د.م7.5bد.م3.4bد.م199.2m36.7x37.4x2.2x
Price to Earnings Ratio

37.4x


Total Market Cap: د.م7.5bTotal Earnings: د.م199.2mTotal Revenue: د.م3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Tech Sector Price to Earnings3Y Average 28.5x202220232024
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 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.
Past Earnings Growth
  • 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.

Industry Trends

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

MA Market1.49%
Tech0.64%
IT2.19%
Electronic Equipment and Components1.54%
Communications0%
Tech Hardware0%
Semiconductors0%
Software-2.76%
Industry PE
  • 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.
Forecasted Growth
  • 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.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MIC Microdataد.م692.001.9%
+د.م5.5m
26.3%PE6x
DYT Disty Technologiesد.م215.002.4%
+د.م5.0m
13.2%n/a
M2M M2M Groupد.م552.000.4%
+د.م1.3m
-29.1%PS5.5x
INV INVOLYSد.م88.400.5%
+د.م153.1k
-9.8%PS0.7x
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Latest News

MIC

د.م692.00

Microdata

7D

1.9%

1Y

26.3%

M2M

د.م552.00

M2M Group

7D

0.4%

1Y

-29.1%

DWY

د.م700.00

Disway

7D

-1.3%

1Y

-4.1%

INV

د.م88.40

INVOLYS

7D

0.5%

1Y

-9.8%

DYT

د.م215.00

Disty Technologies

7D

2.4%

1Y

13.2%