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Omani (MSM) Market Analysis & Valuation
UpdatedJan 01, 2026
DataAggregated Company Financials
Companies100
- 7D-1.0%
- 3M10.1%
- 1Y21.4%
- YTD22.6%
The market has been flat in the last week, however the Consumer Discretionary sector is down 4.3%. Meanwhile, the market is actually up 21% over the past year. Looking forward, earnings are forecast to grow by 6.7% 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 |
|---|---|---|---|---|---|---|
| Thu, 01 Jan 2026 | ر.ع15.9b | ر.ع12.4b | ر.ع1.4b | 10.2x | 11.4x | 1.3x |
| Sat, 29 Nov 2025 | ر.ع15.4b | ر.ع12.4b | ر.ع1.4b | 10.4x | 11.2x | 1.2x |
| Mon, 27 Oct 2025 | ر.ع14.8b | ر.ع12.3b | ر.ع1.4b | 10.4x | 10.9x | 1.2x |
| Wed, 24 Sep 2025 | ر.ع14.1b | ر.ع12.1b | ر.ع1.4b | 9.9x | 10.3x | 1.2x |
| Fri, 22 Aug 2025 | ر.ع13.8b | ر.ع12.1b | ر.ع1.4b | 10x | 10.1x | 1.1x |
| Sun, 20 Jul 2025 | ر.ع13.0b | ر.ع12.0b | ر.ع1.3b | 10.5x | 10.1x | 1.1x |
| Tue, 17 Jun 2025 | ر.ع12.7b | ر.ع11.6b | ر.ع1.2b | 10.1x | 10.4x | 1.1x |
| Thu, 15 May 2025 | ر.ع12.0b | ر.ع11.6b | ر.ع1.2b | 9.8x | 9.8x | 1x |
| Sat, 12 Apr 2025 | ر.ع11.8b | ر.ع11.5b | ر.ع1.2b | 9.9x | 9.8x | 1x |
| Mon, 10 Mar 2025 | ر.ع11.7b | ر.ع11.2b | ر.ع1.2b | 9.9x | 10.1x | 1x |
| Wed, 05 Feb 2025 | ر.ع12.1b | ر.ع10.4b | ر.ع854.4m | 10.5x | 14.1x | 1.2x |
| Fri, 03 Jan 2025 | ر.ع12.2b | ر.ع10.1b | ر.ع699.7m | 11.3x | 17.4x | 1.2x |
| Sun, 01 Dec 2024 | ر.ع11.8b | ر.ع10.1b | ر.ع691.1m | 10.8x | 17.1x | 1.2x |
| Tue, 29 Oct 2024 | ر.ع12.4b | ر.ع10.1b | ر.ع676.7m | 10.8x | 18.3x | 1.2x |
| Thu, 26 Sep 2024 | ر.ع9.1b | ر.ع10.0b | ر.ع680.4m | 10.8x | 13.3x | 0.9x |
| Sat, 24 Aug 2024 | ر.ع9.0b | ر.ع10.0b | ر.ع680.1m | 11.4x | 13.3x | 0.9x |
| Mon, 22 Jul 2024 | ر.ع9.1b | ر.ع9.9b | ر.ع676.0m | 11.4x | 13.4x | 0.9x |
| Wed, 19 Jun 2024 | ر.ع9.0b | ر.ع9.9b | ر.ع676.8m | 12.2x | 13.4x | 0.9x |
| Fri, 17 May 2024 | ر.ع9.2b | ر.ع9.9b | ر.ع685.2m | 11.6x | 13.4x | 0.9x |
| Sun, 14 Apr 2024 | ر.ع9.1b | ر.ع9.8b | ر.ع661.9m | 11.6x | 13.8x | 0.9x |
| Tue, 12 Mar 2024 | ر.ع9.1b | ر.ع9.7b | ر.ع739.2m | 11.5x | 12.3x | 0.9x |
| Thu, 08 Feb 2024 | ر.ع8.8b | ر.ع9.5b | ر.ع751.0m | 11.4x | 11.8x | 0.9x |
| Sat, 06 Jan 2024 | ر.ع9.3b | ر.ع9.6b | ر.ع793.8m | 11.7x | 11.7x | 1x |
| Mon, 04 Dec 2023 | ر.ع9.4b | ر.ع9.6b | ر.ع789.0m | 12.2x | 11.9x | 1x |
| Wed, 01 Nov 2023 | ر.ع9.0b | ر.ع9.5b | ر.ع769.5m | 12x | 11.7x | 0.9x |
| Fri, 29 Sep 2023 | ر.ع8.6b | ر.ع9.5b | ر.ع625.2m | 11.8x | 13.8x | 0.9x |
| Sun, 27 Aug 2023 | ر.ع8.8b | ر.ع9.4b | ر.ع625.2m | 12.6x | 14.1x | 0.9x |
| Tue, 25 Jul 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع596.4m | 13.5x | 14.8x | 0.9x |
| Thu, 22 Jun 2023 | ر.ع8.7b | ر.ع9.3b | ر.ع578.1m | 12.6x | 15x | 0.9x |
| Sat, 20 May 2023 | ر.ع8.6b | ر.ع9.2b | ر.ع573.6m | 13x | 14.9x | 0.9x |
| Mon, 17 Apr 2023 | ر.ع8.6b | ر.ع9.0b | ر.ع598.5m | 11.9x | 14.3x | 1x |
| Wed, 15 Mar 2023 | ر.ع8.8b | ر.ع8.9b | ر.ع576.3m | 12.4x | 15.2x | 1x |
| Fri, 10 Feb 2023 | ر.ع8.3b | ر.ع8.7b | ر.ع553.6m | 11.1x | 15x | 1x |
| Sun, 08 Jan 2023 | ر.ع8.4b | ر.ع8.6b | ر.ع486.5m | 11x | 17.3x | 1x |
Price to Earnings Ratio
17.3x
Current Market PE
- Investors are relatively neutral on the Omani market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 12.6x.
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 | -0.95% | |
| Industrials | 1.89% | |
| Utilities | 0.44% | |
| Healthcare | 0% | 0 |
| Financials | -0.47% | |
| Real Estate | -1.37% | |
| Consumer Staples | -1.51% | |
| Materials | -1.56% | |
| Telecom | -1.63% | |
| Energy | -1.75% | |
| Consumer Discretionary | -4.27% | |
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 26.5x.
- 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 6.0x.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 13% 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 | |
|---|---|---|---|---|---|---|
| ABOB Ahli Bank SAOG | ر.ع0.19 | 3.2% +ر.ع16.2m | 16.4% | PB0.8x | Financials | |
| LIVA Liva Group SAOG | ر.ع0.33 | 13.8% +ر.ع15.9m | 3.1% | PE7.5x | Financials | |
| BKDB Bank Dhofar SAOG | ر.ع0.15 | 3.4% +ر.ع15.2m | -0.5% | PB0.6x | Financials | |
| NBOB National Bank of Oman SAOG | ر.ع0.38 | 1.9% +ر.ع11.4m | 29.5% | PB0.8x | Financials | |
| OCAI Oman Cables Industry SAOG | ر.ع2.65 | 5.0% +ر.ع11.2m | -5.0% | PE10.4x | Industrials |