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Moroccan (MASI) Tech Sector Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies7
  • 7D-0.5%
  • 3M-2.3%
  • 1Y5.9%
  • YTD2.9%

Over the last 7 days, the Tech industry has dropped 1.4%, driven by Disty Technologies declining 5.7%. In the past year, the industry has gained 5.6%. Looking forward, 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 Apr 2024د.م2.4bد.م3.1bد.م97.6m6.6x24.4x0.8x
Sun, 24 Mar 2024د.م2.4bد.م3.1bد.م97.6m7x24.4x0.8x
Tue, 20 Feb 2024د.م2.4bد.م3.1bد.م106.1m7.1x22.7x0.8x
Thu, 18 Jan 2024د.م2.4bد.م3.0bد.م100.4m7.8x24.2x0.8x
Sat, 16 Dec 2023د.م2.2bد.م3.0bد.م100.4m7.3x22.2x0.7x
Mon, 13 Nov 2023د.م2.3bد.م3.0bد.م100.4m7.4x22.7x0.8x
Wed, 11 Oct 2023د.م2.4bد.م3.0bد.م100.4m6.8x24x0.8x
Fri, 08 Sep 2023د.م2.4bد.م3.0bد.م113.9m6.6x20.8x0.8x
Sun, 06 Aug 2023د.م3.1bد.م3.0bد.م123.1m15.6x24.8x1x
Tue, 04 Jul 2023د.م3.1bد.م3.0bد.م123.1m15.6x24.8x1x
Thu, 01 Jun 2023د.م3.1bد.م3.0bد.م137.0m16.3x22.7x1x
Sat, 29 Apr 2023د.م3.1bد.م3.0bد.م124.4m16.9x24.9x1x
Mon, 27 Mar 2023د.م3.2bد.م2.9bد.م138.4m18.4x22.8x1.1x
Wed, 22 Feb 2023د.م7.6bد.م3.8bد.م288.0m20.4x26.5x2x
Fri, 20 Jan 2023د.م7.5bد.م3.7bد.م288.0m19.1x26x2x
Sun, 18 Dec 2022د.م7.6bد.م3.7bد.م288.0m18.8x26.3x2x
Tue, 15 Nov 2022د.م7.6bد.م3.7bد.م288.0m19.2x26.3x2x
Thu, 13 Oct 2022د.م7.2bد.م3.7bد.م288.0m17.4x25x1.9x
Sat, 10 Sep 2022د.م7.5bد.م3.5bد.م254.7m31.1x29.5x2.2x
Mon, 08 Aug 2022د.م7.1bد.م3.5bد.م254.7m29.9x27.8x2x
Wed, 06 Jul 2022د.م6.8bد.م3.5bد.م254.7m29.2x26.8x2x
Fri, 03 Jun 2022د.م6.9bد.م3.7bد.م254.8m44x27.1x1.9x
Sun, 01 May 2022د.م7.1bد.م3.6bد.م251.1m30.3x28.3x2x
Tue, 29 Mar 2022د.م6.7bد.م3.6bد.م251.1m28.4x26.5x1.8x
Thu, 24 Feb 2022د.م7.0bد.م3.5bد.م215.7m38.8x32.2x2x
Sat, 22 Jan 2022د.م7.3bد.م3.5bد.م215.7m41x33.9x2.1x
Mon, 20 Dec 2021د.م7.1bد.م3.5bد.م215.7m40.7x33.1x2x
Wed, 17 Nov 2021د.م7.2bد.م3.5bد.م215.7m40.3x33.2x2x
Fri, 15 Oct 2021د.م8.2bد.م3.6bد.م224.0m43.5x36.5x2.3x
Sun, 12 Sep 2021د.م7.9bد.م3.4bد.م199.2m37.2x39.5x2.3x
Tue, 10 Aug 2021د.م7.5bد.م3.4bد.م199.2m36.3x37.5x2.2x
Mon, 03 May 2021د.م7.2bد.م3.4bد.م199.2m34.1x36.3x2.1x
Price to Earnings Ratio

36.3x


Total Market Cap: د.م7.2bTotal Earnings: د.م199.2mTotal Revenue: د.م3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Tech Sector Price to Earnings3Y Average 28.1x202220232024
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 24.5x which is lower than its 3-year average PE of 28.1x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 0.78x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 21% per year over the last three years,
  • Revenues have also declined 3.8% 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 Market-0.57%
Tech-0.51%
IT1.02%
Communications0%
Tech Hardware0%
Semiconductors0%
Electronic Equipment and Components-0.60%
Software-1.10%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 16.2x.
    • Analysts are expecting annual earnings growth of 30.0%, which is higher than its past year's earnings decline of 22.6% per year.
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
DWY Diswayد.م720.000.3%
+د.م3.8m
-1.4%PE20.7x
IBC IB Maroc.comد.م34.0018.9%
+د.م2.3m
53.2%n/a
INV INVOLYSد.م94.903.2%
+د.م1.1m
-3.1%PS0.7x
MIC Microdataد.م660.200.2%
+د.م672.0k
29.5%PE5.7x
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Latest News

DWY

د.م720.00

Disway

7D

0.3%

1Y

-1.4%

S2M

د.م161.50

Société Maghrébine de Monétique

7D

-0.7%

1Y

-2.7%

M2M

د.م487.50

M2M Group

7D

-1.7%

1Y

n/a

MIC

د.م660.20

Microdata

7D

0.2%

1Y

29.5%

IBC

د.م34.00

IB Maroc.com

7D

18.9%

1Y

53.2%

INV

د.م94.90

INVOLYS

7D

3.2%

1Y

-3.1%

DYT

د.م250.00

Disty Technologies

7D

-5.1%

1Y

38.9%