Have your own idea? Try our Stock Screener
Omani (MSM) Market Analysis & Valuation
UpdatedDec 05, 2025
DataAggregated Company Financials
Companies100
- 7D2.8%
- 3M11.1%
- 1Y19.6%
- YTD22.6%
The Financials and Energy sectors drove a 2.5% in the market over the last week. As for the past 12 months, the market is up 19%. Looking forward, earnings are forecast to grow by 5.8% annually.
Market Valuation and Performance
Has the Omani Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 05 Dec 2025 | ر.ع15.9b | ر.ع12.4b | ر.ع1.4b | 10.4x | 11.4x | 1.3x |
| Sun, 02 Nov 2025 | ر.ع15.3b | ر.ع12.3b | ر.ع1.4b | 10.3x | 10.7x | 1.2x |
| Tue, 30 Sep 2025 | ر.ع14.3b | ر.ع12.1b | ر.ع1.4b | 10.1x | 10.5x | 1.2x |
| Thu, 28 Aug 2025 | ر.ع14.1b | ر.ع12.1b | ر.ع1.4b | 10.1x | 10.3x | 1.2x |
| Sat, 26 Jul 2025 | ر.ع13.1b | ر.ع12.0b | ر.ع1.3b | 10.6x | 10.2x | 1.1x |
| Mon, 23 Jun 2025 | ر.ع12.8b | ر.ع11.6b | ر.ع1.2b | 10x | 10.4x | 1.1x |
| Wed, 21 May 2025 | ر.ع12.2b | ر.ع11.6b | ر.ع1.2b | 10x | 9.9x | 1.1x |
| Fri, 18 Apr 2025 | ر.ع11.8b | ر.ع11.5b | ر.ع1.2b | 9.7x | 9.8x | 1x |
| Sun, 16 Mar 2025 | ر.ع12.3b | ر.ع11.1b | ر.ع1.1b | 9.9x | 10.7x | 1.1x |
| Tue, 11 Feb 2025 | ر.ع11.9b | ر.ع11.5b | ر.ع1.4b | 10.6x | 8.5x | 1x |
| Thu, 09 Jan 2025 | ر.ع12.3b | ر.ع10.1b | ر.ع699.7m | 11.3x | 17.5x | 1.2x |
| Sat, 07 Dec 2024 | ر.ع11.8b | ر.ع10.1b | ر.ع694.5m | 11.2x | 17x | 1.2x |
| Mon, 04 Nov 2024 | ر.ع12.0b | ر.ع10.1b | ر.ع684.6m | 10.6x | 17.5x | 1.2x |
| Wed, 02 Oct 2024 | ر.ع9.0b | ر.ع10.0b | ر.ع680.4m | 10.8x | 13.3x | 0.9x |
| Fri, 30 Aug 2024 | ر.ع9.2b | ر.ع10.0b | ر.ع680.1m | 11.2x | 13.5x | 0.9x |
| Sun, 28 Jul 2024 | ر.ع9.0b | ر.ع9.9b | ر.ع676.0m | 11.3x | 13.4x | 0.9x |
| Tue, 25 Jun 2024 | ر.ع9.0b | ر.ع9.9b | ر.ع677.2m | 12.2x | 13.2x | 0.9x |
| Thu, 23 May 2024 | ر.ع9.2b | ر.ع9.9b | ر.ع672.8m | 11.8x | 13.7x | 0.9x |
| Sat, 20 Apr 2024 | ر.ع9.1b | ر.ع9.8b | ر.ع674.5m | 12.1x | 13.6x | 0.9x |
| Mon, 18 Mar 2024 | ر.ع9.1b | ر.ع9.8b | ر.ع738.4m | 11.5x | 12.3x | 0.9x |
| Wed, 14 Feb 2024 | ر.ع8.9b | ر.ع9.5b | ر.ع737.7m | 11.4x | 12.1x | 0.9x |
| Fri, 12 Jan 2024 | ر.ع9.3b | ر.ع9.6b | ر.ع793.2m | 11.9x | 11.7x | 1x |
| Sun, 10 Dec 2023 | ر.ع9.3b | ر.ع9.6b | ر.ع790.0m | 11.9x | 11.8x | 1x |
| Tue, 07 Nov 2023 | ر.ع9.0b | ر.ع9.6b | ر.ع771.9m | 11.6x | 11.6x | 0.9x |
| Thu, 05 Oct 2023 | ر.ع8.7b | ر.ع9.4b | ر.ع626.2m | 12.2x | 13.9x | 0.9x |
| Sat, 02 Sep 2023 | ر.ع8.8b | ر.ع9.4b | ر.ع625.2m | 12.5x | 14.1x | 0.9x |
| Mon, 31 Jul 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع596.0m | 13.5x | 14.8x | 0.9x |
| Wed, 28 Jun 2023 | ر.ع8.7b | ر.ع9.3b | ر.ع595.7m | 13.4x | 14.7x | 0.9x |
| Fri, 26 May 2023 | ر.ع8.5b | ر.ع9.3b | ر.ع575.9m | 12.3x | 14.8x | 0.9x |
| Sun, 23 Apr 2023 | ر.ع8.6b | ر.ع9.0b | ر.ع603.8m | 12.1x | 14.3x | 1x |
| Tue, 21 Mar 2023 | ر.ع8.7b | ر.ع9.0b | ر.ع570.3m | 12.4x | 15.2x | 1x |
| Thu, 16 Feb 2023 | ر.ع8.2b | ر.ع8.7b | ر.ع555.1m | 11x | 14.7x | 0.9x |
| Sat, 14 Jan 2023 | ر.ع8.4b | ر.ع8.6b | ر.ع503.8m | 10.7x | 16.7x | 1x |
| Mon, 12 Dec 2022 | ر.ع8.4b | ر.ع8.6b | ر.ع486.0m | 11.5x | 17.3x | 1x |
Price to Earnings Ratio
17.3x
Current Market PE
- Investors are pessimistic on the Omani market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 11.4x which is lower than its 3-year average PE of 12.8x.
Past Earnings Growth
- The earnings for Omani listed companies have grown 42% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Omani Market?
| OM Market | 2.77% | |
| Telecom | 5.57% | |
| Industrials | 4.23% | |
| Materials | 3.45% | |
| Financials | 2.86% | |
| Energy | 2.39% | |
| Consumer Staples | 2.11% | |
| Consumer Discretionary | 0.66% | |
| Utilities | 0.30% | |
| Healthcare | 0% | 0 |
| Real Estate | -0.20% | |
Sector PE
- Investors favour the Real Estate sector the most for future growth even though it's trading below its 3-year average PE ratio of 26.2x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Utilities sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 5.9x.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 14% over the next 5 years.
- However this is lower than its past earnings growth rate of 29% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 4.3% 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 | Sector | |
|---|---|---|---|---|---|---|
| BKSB Sohar International Bank SAOG | ر.ع0.17 | 7.8% +ر.ع79.4m | 23.1% | PB1x | Financials | |
| BKMB Bank Muscat SAOG | ر.ع0.34 | 2.1% +ر.ع52.5m | 33.3% | PB1x | Financials | |
| OQGN OQ Gas Networks SAOG | ر.ع0.20 | 6.5% +ر.ع51.9m | 47.4% | PE17.4x | Energy | |
| ASCO Asyad Shipping Company SAOG | ر.ع0.18 | 5.3% +ر.ع46.9m | n/a | PE27.6x | Energy | |
| OTEL Oman Telecommunications Company SAOG | ر.ع1.07 | 6.1% +ر.ع46.5m | 14.8% | PE9.5x | Telecom |