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Omani (MSM) Market Analysis & Valuation

UpdatedFeb 10, 2025
DataAggregated Company Financials
Companies99
  • 7D-0.9%
  • 3M-3.6%
  • 1Y0.02%
  • YTD-1.7%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Feb 2025ر.ع12.0bر.ع11.5bر.ع1.4b10.6x8.5x1x
Wed, 08 Jan 2025ر.ع12.3bر.ع10.1bر.ع699.7m11.4x17.6x1.2x
Fri, 06 Dec 2024ر.ع11.8bر.ع10.1bر.ع694.5m11.2x17x1.2x
Sun, 03 Nov 2024ر.ع12.0bر.ع10.1bر.ع676.7m10.7x17.8x1.2x
Tue, 01 Oct 2024ر.ع9.0bر.ع10.0bر.ع680.4m10.8x13.3x0.9x
Thu, 29 Aug 2024ر.ع9.1bر.ع10.0bر.ع680.1m11.2x13.4x0.9x
Sat, 27 Jul 2024ر.ع9.0bر.ع9.9bر.ع676.0m11.3x13.4x0.9x
Mon, 24 Jun 2024ر.ع9.0bر.ع9.9bر.ع677.2m12.3x13.3x0.9x
Wed, 22 May 2024ر.ع9.2bر.ع9.9bر.ع672.8m11.8x13.6x0.9x
Fri, 19 Apr 2024ر.ع9.1bر.ع9.8bر.ع674.5m12.1x13.6x0.9x
Sun, 17 Mar 2024ر.ع9.1bر.ع9.8bر.ع738.4m11.5x12.3x0.9x
Tue, 13 Feb 2024ر.ع8.9bر.ع9.5bر.ع737.7m11.5x12x0.9x
Thu, 11 Jan 2024ر.ع9.3bر.ع9.6bر.ع793.5m11.9x11.7x1x
Sat, 09 Dec 2023ر.ع9.3bر.ع9.6bر.ع790.0m11.9x11.8x1x
Mon, 06 Nov 2023ر.ع8.9bر.ع9.6bر.ع770.2m11.6x11.6x0.9x
Wed, 04 Oct 2023ر.ع8.7bر.ع9.4bر.ع626.2m12.2x13.9x0.9x
Fri, 01 Sep 2023ر.ع8.8bر.ع9.4bر.ع625.2m12.5x14.1x0.9x
Sun, 30 Jul 2023ر.ع8.8bر.ع9.3bر.ع596.0m13.6x14.8x0.9x
Tue, 27 Jun 2023ر.ع8.7bر.ع9.3bر.ع595.7m13.4x14.7x0.9x
Thu, 25 May 2023ر.ع8.5bر.ع9.3bر.ع575.9m12.3x14.8x0.9x
Sat, 22 Apr 2023ر.ع8.6bر.ع9.0bر.ع603.8m12.1x14.3x1x
Mon, 20 Mar 2023ر.ع8.7bر.ع9.0bر.ع571.7m12.2x15.2x1x
Wed, 15 Feb 2023ر.ع8.1bر.ع8.7bر.ع555.1m11x14.7x0.9x
Fri, 13 Jan 2023ر.ع8.4bر.ع8.6bر.ع503.9m10.7x16.7x1x
Sun, 11 Dec 2022ر.ع8.4bر.ع8.6bر.ع486.0m11.5x17.2x1x
Tue, 08 Nov 2022ر.ع7.9bر.ع8.3bر.ع529.6m11.6x14.9x1x
Thu, 06 Oct 2022ر.ع8.1bر.ع8.1bر.ع527.7m12.6x15.3x1x
Sat, 03 Sep 2022ر.ع8.0bر.ع8.1bر.ع532.2m12x15.1x1x
Mon, 01 Aug 2022ر.ع7.9bر.ع7.9bر.ع540.7m12.2x14.6x1x
Wed, 29 Jun 2022ر.ع7.3bر.ع7.9bر.ع523.2m12.3x13.9x0.9x
Fri, 27 May 2022ر.ع7.3bر.ع7.9bر.ع522.9m12.2x13.9x0.9x
Sun, 24 Apr 2022ر.ع7.4bر.ع7.7bر.ع519.2m11.9x14.3x1x
Tue, 22 Mar 2022ر.ع7.4bر.ع7.7bر.ع516.7m12.3x14.4x1x
Thu, 17 Feb 2022ر.ع7.1bر.ع7.7bر.ع552.7m11.4x12.9x0.9x
Price to Earnings Ratio

12.9x


Total Market Cap: ر.ع7.1bTotal Earnings: ر.ع552.7mTotal Revenue: ر.ع7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Omani Market Price to Earnings3Y Average 14.2x202320242025
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 8.5x which is lower than its 3-year average PE of 14.2x.
Past Earnings Growth
  • The earnings for Omani listed companies have grown 37% per year over the last three years.
  • Revenues for these companies have grown 14% 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-0.86%
Real Estate2.24%
Utilities0.81%
Consumer Staples0.78%
Industrials0.028%
Healthcare0%0
Tech0%0
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Consumer Discretionary-0.0012%
Telecom-0.52%
Financials-0.55%
Materials-0.83%
Energy-2.00%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading close to its 3-year average PE ratio of 58.4x.
    • Analysts are expecting annual earnings decline of 4.5%, which is less than its past year's earnings decline of 11.2% per year.
  • The Utilities sector is the least preferred by investors for future growth, which is trading below its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 1.5% per year.
  • In contrast, the Materials sector is expected to see its earnings decline by 4.5% 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
OQGN OQ Gas Networks SAOGر.ع0.132.3%
+ر.ع13.0m
-9.5%PE11.8xEnergy
BKMB Bank Muscat SAOGر.ع0.260.4%
+ر.ع7.5m
-4.1%PB0.8xFinancials
BKNZ Bank Nizwa SAOGر.ع0.103.0%
+ر.ع6.7m
8.3%PB0.9xFinancials
SSPW Sembcorp Salalah Power & Water Company SAOGر.ع0.103.1%
+ر.ع2.9m
2.0%PE4.4xUtilities
VOES Voltamp Energy SAOGر.ع0.535.6%
+ر.ع2.3m
256.8%PE7xIndustrials
See more
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Latest News

NBOB

ر.ع0.29

National Bank of Oman SAOG

7D

-1.4%

1Y

19.3%

ABOB

ر.ع0.18

Ahli Bank SAOG

7D

-1.7%

1Y

11.3%

OAB

ر.ع0.14

Oman Arab Bank SAOG

7D

-1.4%

1Y

20.8%

OQBI

ر.ع0.10

OQ Base Industries (SFZ) SAOG

7D

-1.9%

1Y

n/a

OCOI

ر.ع0.40

Oman Cement Company SAOG

7D

1.0%

1Y

32.0%

SSPW

ر.ع0.10

Sembcorp Salalah Power & Water Company SAOG

7D

3.1%

1Y

2.0%

OQEP

ر.ع0.32

OQ Exploration and Production SAOG

7D

-3.1%

1Y

n/a

BKSB

ر.ع0.14

Sohar International Bank SAOG

7D

-2.8%

1Y

25.8%

SPFI

ر.ع0.40

A'Saffa Foods SAOG

7D

2.6%

1Y

24.4%

VOES

ر.ع0.53

Voltamp Energy SAOG

7D

5.6%

1Y

256.8%

BKNZ

ر.ع0.10

Bank Nizwa SAOG

7D

3.0%

1Y

8.3%

OMRF

ر.ع0.076

Oman REIT Fund

7D

4.1%

1Y

-9.5%

DICS

ر.ع0.21

Dhofar Insurance Company SAOG

7D

-9.6%

1Y

-7.6%