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Omani (MSM) Market Analysis & Valuation

UpdatedNov 12, 2024
DataAggregated Company Financials
Companies99
  • 7D-0.7%
  • 3M0.2%
  • 1Y2.2%
  • YTD-1.4%

Over the last 7 days, the market has remained flat, although notably the Consumer Discretionary sector gained 12% in that time. Similarly, the market is flat for the past 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

Has the Omani Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 Nov 2024ر.ع12.0bر.ع10.1bر.ع685.3m10.6x17.5x1.2x
Thu, 10 Oct 2024ر.ع9.0bر.ع10.0bر.ع680.6m10.9x13.3x0.9x
Sat, 07 Sep 2024ر.ع9.2bر.ع10.0bر.ع680.1m11.3x13.5x0.9x
Mon, 05 Aug 2024ر.ع9.0bر.ع10.0bر.ع681.1m11.4x13.2x0.9x
Wed, 03 Jul 2024ر.ع9.1bر.ع9.9bر.ع679.0m12x13.3x0.9x
Fri, 31 May 2024ر.ع9.3bر.ع9.9bر.ع673.4m11.9x13.8x0.9x
Sun, 28 Apr 2024ر.ع9.1bر.ع9.8bر.ع680.7m11.6x13.4x0.9x
Tue, 26 Mar 2024ر.ع9.1bر.ع9.7bر.ع644.3m11.3x14.2x0.9x
Thu, 22 Feb 2024ر.ع8.9bر.ع9.6bر.ع740.3m11.3x12x0.9x
Sat, 20 Jan 2024ر.ع9.3bر.ع9.7bر.ع815.2m11.5x11.4x1x
Mon, 18 Dec 2023ر.ع9.3bر.ع9.6bر.ع789.1m11.7x11.7x1x
Wed, 15 Nov 2023ر.ع9.1bر.ع9.6bر.ع779.7m11.9x11.7x1x
Fri, 13 Oct 2023ر.ع8.8bر.ع9.4bر.ع626.2m12.2x14.1x0.9x
Sun, 10 Sep 2023ر.ع8.7bر.ع9.4bر.ع625.2m12x13.9x0.9x
Tue, 08 Aug 2023ر.ع8.8bر.ع9.3bر.ع594.3m13.6x14.8x0.9x
Thu, 06 Jul 2023ر.ع8.8bر.ع9.3bر.ع595.7m13.7x14.7x0.9x
Sat, 03 Jun 2023ر.ع8.5bر.ع9.3bر.ع577.7m12.6x14.7x0.9x
Mon, 01 May 2023ر.ع8.7bر.ع8.5bر.ع603.4m12.8x14.3x1x
Wed, 29 Mar 2023ر.ع8.6bر.ع9.0bر.ع594.5m12.7x14.5x1x
Fri, 24 Feb 2023ر.ع8.2bر.ع8.7bر.ع554.9m11x14.8x0.9x
Sun, 22 Jan 2023ر.ع8.3bر.ع8.7bر.ع574.8m10.9x14.5x1x
Tue, 20 Dec 2022ر.ع8.4bر.ع8.6bر.ع486.0m11.2x17.3x1x
Thu, 17 Nov 2022ر.ع7.8bر.ع8.4bر.ع563.2m10.9x13.9x0.9x
Sat, 15 Oct 2022ر.ع8.0bر.ع8.1bر.ع527.8m12.2x15.2x1x
Mon, 12 Sep 2022ر.ع8.1bر.ع8.1bر.ع532.2m11.8x15.2x1x
Wed, 10 Aug 2022ر.ع8.1bر.ع8.0bر.ع532.9m12.3x15.2x1x
Fri, 08 Jul 2022ر.ع7.3bر.ع7.9bر.ع523.3m12.3x13.9x0.9x
Sun, 05 Jun 2022ر.ع7.3bر.ع7.9bر.ع522.4m12.1x14x0.9x
Tue, 03 May 2022ر.ع7.3bر.ع7.7bر.ع523.5m11.7x14x1x
Thu, 31 Mar 2022ر.ع7.3bر.ع7.7bر.ع517.7m12x14.1x1x
Sat, 26 Feb 2022ر.ع7.1bر.ع7.8bر.ع549.3m11.3x12.9x0.9x
Mon, 24 Jan 2022ر.ع7.3bر.ع7.7bر.ع538.8m10.8x13.5x0.9x
Wed, 22 Dec 2021ر.ع7.1bر.ع7.6bر.ع532.9m10.7x13.3x0.9x
Fri, 19 Nov 2021ر.ع7.1bر.ع7.6bر.ع532.1m11x13.3x0.9x
Price to Earnings Ratio

13.3x


Total Market Cap: ر.ع7.1bTotal Earnings: ر.ع532.1mTotal Revenue: ر.ع7.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Omani Market Price to Earnings3Y Average 13.9x202220232024
Current Market PE
  • Investors are optimistic on the Omani market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 17.5x which is higher than its 3-year average PE of 13.9x.
Past Earnings Growth
  • The earnings for Omani listed companies have grown 8.8% per year over the last three years.
  • Revenues for these companies have grown 10.0% 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-0.66%
Consumer Discretionary12.50%
Real Estate1.56%
Healthcare0%
Tech0%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Financials-0.051%
Materials-0.07%
Industrials-0.63%
Consumer Staples-1.09%
Energy-1.48%
Telecom-1.70%
Utilities-2.29%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading above its 3-year average PE ratio of 23.8x.
    • 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. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 6.1x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 4.9% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
BKSB Sohar International Bank SAOGر.ع0.14-0.7%
ر.ع134.8m
37.6%PB1.2xFinancials
BKMB Bank Muscat SAOGر.ع0.260.8%
+ر.ع15.0m
-3.8%PB0.8xFinancials
OETI Oman Education & Training Investment Company SAOGر.ع0.9024.9%
+ر.ع12.6m
224.5%PE8.1xConsumer Discretionary
OAB Oman Arab Bank SAOGر.ع0.151.4%
+ر.ع3.3m
11.1%PB0.5xFinancials
AJSS Al Jazeira Services Company SAOGر.ع0.257.4%
+ر.ع1.9m
18.7%PE31.6xIndustrials
See more
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BKSB

ر.ع0.14

Sohar International Bank SAOG

7D

-0.7%

1Y

37.6%

AOFS

ر.ع0.16

Al Omaniya Financial Services SAOG

7D

0.6%

1Y

7.3%

ABRJ

ر.ع0.28

Abraj Energy Services SAOG

7D

-1.4%

1Y

-3.4%

BRDE

ر.ع0.13

Barka Desalination Company SAOG

7D

3.3%

1Y

0.8%

ORDS

ر.ع0.26

Omani Qatari Telecommunications Company SAOG

7D

-6.2%

1Y

-21.8%

OQEP

ر.ع0.35

OQ Exploration and Production SAOG

7D

-1.7%

1Y

n/a

OQGN

ر.ع0.14

OQ Gas Networks SAOC

7D

-0.7%

1Y

-8.1%

SSPW

ر.ع0.095

Sembcorp Salalah Power & Water Company SAOG

7D

-6.9%

1Y

0%

BKMB

ر.ع0.26

Bank Muscat SAOG

7D

0.8%

1Y

-3.8%

OMRF

ر.ع0.069

Oman REIT Fund

7D

3.0%

1Y

-18.8%

OAB

ر.ع0.15

Oman Arab Bank SAOG

7D

1.4%

1Y

11.1%