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Omani (MSM) Market Analysis & Valuation

UpdatedApr 29, 2026
DataAggregated Company Financials
Companies99
  • 7D-0.3%
  • 3M25.9%
  • 1Y83.0%
  • YTD35.7%

The market has been flat over the last week. Meanwhile, the market is actually up 83% over the past year. Looking forward, earnings are forecast to grow by 5.7% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 29 Apr 2026ر.ع21.6bر.ع13.1bر.ع1.4b13.6x15.3x1.6x
Fri, 27 Mar 2026ر.ع20.9bر.ع12.9bر.ع1.4b13.6x14.7x1.6x
Sun, 22 Feb 2026ر.ع19.4bر.ع12.4bر.ع1.4b12.3x14x1.6x
Tue, 20 Jan 2026ر.ع16.8bر.ع12.4bر.ع1.4b10.6x12x1.4x
Thu, 18 Dec 2025ر.ع16.0bر.ع12.4bر.ع1.4b10.1x11.5x1.3x
Sat, 15 Nov 2025ر.ع15.6bر.ع12.3bر.ع1.4b10.5x11.4x1.3x
Mon, 13 Oct 2025ر.ع14.4bر.ع12.1bر.ع1.4b10.1x10.5x1.2x
Wed, 10 Sep 2025ر.ع14.0bر.ع12.1bر.ع1.4b10.5x10.3x1.2x
Fri, 08 Aug 2025ر.ع13.5bر.ع12.0bر.ع1.3b10.4x10.1x1.1x
Sun, 06 Jul 2025ر.ع12.8bر.ع11.6bر.ع1.2b10.1x10.5x1.1x
Tue, 03 Jun 2025ر.ع12.6bر.ع11.6bر.ع1.2b10.1x10.3x1.1x
Thu, 01 May 2025ر.ع11.7bر.ع11.6bر.ع1.2b9.6x9.6x1x
Sat, 29 Mar 2025ر.ع12.3bر.ع11.5bر.ع1.2b9.9x10.1x1.1x
Mon, 24 Feb 2025ر.ع11.7bر.ع11.5bر.ع1.4b10.3x8.3x1x
Wed, 22 Jan 2025ر.ع12.3bر.ع10.1bر.ع872.0m10.6x14.1x1.2x
Fri, 20 Dec 2024ر.ع11.9bر.ع10.1bر.ع699.7m10.9x17x1.2x
Sun, 17 Nov 2024ر.ع11.9bر.ع10.1bر.ع685.3m10.5x17.4x1.2x
Tue, 15 Oct 2024ر.ع9.2bر.ع10.0bر.ع682.3m10.9x13.4x0.9x
Thu, 12 Sep 2024ر.ع9.2bر.ع10.0bر.ع680.1m11.1x13.5x0.9x
Sat, 10 Aug 2024ر.ع9.0bر.ع10.0bر.ع682.0m11.4x13.2x0.9x
Mon, 08 Jul 2024ر.ع9.1bر.ع9.9bر.ع679.0m11.7x13.4x0.9x
Wed, 05 Jun 2024ر.ع9.2bر.ع9.9bر.ع673.4m12.5x13.7x0.9x
Fri, 03 May 2024ر.ع9.2bر.ع9.8bر.ع680.2m11.6x13.5x0.9x
Sun, 31 Mar 2024ر.ع9.0bر.ع9.7bر.ع648.0m11.2x13.9x0.9x
Tue, 27 Feb 2024ر.ع8.8bر.ع9.6bر.ع741.1m11.3x11.9x0.9x
Thu, 25 Jan 2024ر.ع9.3bر.ع9.7bر.ع787.2m11.5x11.8x1x
Sat, 23 Dec 2023ر.ع9.2bر.ع9.6bر.ع790.5m11.7x11.7x1x
Mon, 20 Nov 2023ر.ع9.2bر.ع9.7bر.ع786.8m11.9x11.7x1x
Wed, 18 Oct 2023ر.ع8.8bر.ع9.5bر.ع630.6m11.8x13.9x0.9x
Fri, 15 Sep 2023ر.ع8.7bر.ع9.4bر.ع625.2m12.3x14x0.9x
Sun, 13 Aug 2023ر.ع8.8bر.ع9.3bر.ع587.4m13.5x15x0.9x
Tue, 11 Jul 2023ر.ع8.8bر.ع9.3bر.ع595.7m13.7x14.7x0.9x
Thu, 08 Jun 2023ر.ع8.5bر.ع9.3bر.ع577.1m12.7x14.8x0.9x
Sat, 06 May 2023ر.ع8.6bر.ع9.1bر.ع619.9m12.8x13.9x1x
Price to Earnings Ratio

13.9x


Total Market Cap: ر.ع8.6bTotal Earnings: ر.ع619.9mTotal Revenue: ر.ع9.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Omani Market Price to Earnings3Y Average 12.5x202420252026
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 15.3x which is higher than its 3-year average PE of 12.5x.
Past Earnings Growth
  • The earnings for Omani listed companies have grown 31% 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-0.33%
Telecom1.86%
Consumer Discretionary1.73%
Real Estate1.30%
Materials0.83%
Consumer Staples0.61%
Healthcare0%0
Energy-0.19%
Utilities-0.64%
Financials-0.84%
Industrials-2.32%
Sector PE
  • Investors favour the Materials sector the most for future growth even though it's trading below its 3-year average PE ratio of 92.5x.
    • Analysts are expecting annual earnings decline of 14.7% which is lower than the prior year's growth of 19.6% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 27.0x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings decline of 0.6% per year.
  • In contrast, the Materials sector is expected to see its earnings decline by 15% 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
OQEP OQ Exploration and Production SAOGر.ع0.512.6%
+ر.ع103.6m
89.3%PE14.8xEnergy
BKSB Sohar International Bank SAOGر.ع0.232.2%
+ر.ع33.1m
78.6%PB1.3xFinancials
OTEL Oman Telecommunications Company SAOGر.ع1.551.8%
+ر.ع21.0m
89.5%PE13.1xTelecom
OQBI OQ Base Industries (SFZ) SAOGر.ع0.312.0%
+ر.ع20.8m
198.1%PE20.9xMaterials
SSPW Sembcorp Salalah Power & Water Company SAOGر.ع0.247.6%
+ر.ع16.2m
152.1%PE9.8xUtilities
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