Omani (MSM) Market Analysis & Valuation
UpdatedSep 24, 2023
DataAggregated Company Financials
Companies104
- 7D-0.9%
- 3M-0.9%
- 1Y4.4%
- YTD-1.0%
Over the last 7 days, the market has dropped 1.0%, driven by a decline of 0.7% in the Financials sector. In contrast to the last week, the market is actually up 4.3% over the past year. Earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | ر.ع8.7b | ر.ع9.5b | ر.ع625.2m | 11.7x | 13.8x | 0.9x |
| Tue, 22 Aug 2023 | ر.ع8.8b | ر.ع9.4b | ر.ع629.3m | 12.9x | 14x | 0.9x |
| Thu, 20 Jul 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع596.4m | 13.6x | 14.8x | 0.9x |
| Sat, 17 Jun 2023 | ر.ع8.6b | ر.ع9.3b | ر.ع578.8m | 12.7x | 14.8x | 0.9x |
| Mon, 15 May 2023 | ر.ع8.6b | ر.ع9.1b | ر.ع618.5m | 13.2x | 13.9x | 0.9x |
| Wed, 12 Apr 2023 | ر.ع8.5b | ر.ع9.0b | ر.ع594.5m | 12.1x | 14.4x | 1x |
| Fri, 10 Mar 2023 | ر.ع8.5b | ر.ع8.7b | ر.ع559.0m | 11.7x | 15.1x | 1x |
| Sun, 05 Feb 2023 | ر.ع8.2b | ر.ع8.7b | ر.ع553.6m | 11.2x | 14.9x | 0.9x |
| Tue, 03 Jan 2023 | ر.ع8.4b | ر.ع8.6b | ر.ع486.6m | 10.9x | 17.2x | 1x |
| Thu, 01 Dec 2022 | ر.ع8.0b | ر.ع8.5b | ر.ع552.4m | 11x | 14.6x | 0.9x |
| Sat, 29 Oct 2022 | ر.ع7.8b | ر.ع8.2b | ر.ع522.8m | 11.8x | 15x | 1x |
| Mon, 26 Sep 2022 | ر.ع7.9b | ر.ع8.1b | ر.ع527.7m | 12x | 15x | 1x |
| Wed, 24 Aug 2022 | ر.ع8.0b | ر.ع8.1b | ر.ع530.8m | 12.2x | 15.1x | 1x |
| Fri, 22 Jul 2022 | ر.ع7.5b | ر.ع7.9b | ر.ع521.8m | 12.9x | 14.4x | 1x |
| Sun, 19 Jun 2022 | ر.ع7.3b | ر.ع7.9b | ر.ع523.2m | 12.2x | 13.9x | 0.9x |
| Tue, 17 May 2022 | ر.ع7.3b | ر.ع7.8b | ر.ع521.8m | 12x | 14x | 0.9x |
| Thu, 14 Apr 2022 | ر.ع7.5b | ر.ع7.7b | ر.ع518.3m | 12.1x | 14.5x | 1x |
| Sat, 12 Mar 2022 | ر.ع7.5b | ر.ع7.8b | ر.ع553.6m | 12.1x | 13.5x | 1x |
| Mon, 07 Feb 2022 | ر.ع7.2b | ر.ع7.7b | ر.ع562.6m | 10.7x | 12.7x | 0.9x |
| Wed, 05 Jan 2022 | ر.ع7.2b | ر.ع7.6b | ر.ع532.9m | 10.5x | 13.5x | 0.9x |
| Fri, 03 Dec 2021 | ر.ع7.0b | ر.ع7.6b | ر.ع532.8m | 10.8x | 13.1x | 0.9x |
| Sun, 31 Oct 2021 | ر.ع7.1b | ر.ع7.5b | ر.ع542.2m | 11.3x | 13.1x | 0.9x |
| Tue, 28 Sep 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع535.2m | 11.3x | 12.9x | 0.9x |
| Thu, 26 Aug 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع537.3m | 11.7x | 12.8x | 0.9x |
| Fri, 02 Jul 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع537.3m | 11.2x | 12.9x | 0.9x |
| Mon, 05 Apr 2021 | ر.ع6.3b | ر.ع7.3b | ر.ع539.5m | 11.3x | 11.7x | 0.9x |
| Thu, 07 Jan 2021 | ر.ع6.2b | ر.ع7.4b | ر.ع502.8m | 11.6x | 12.4x | 0.8x |
| Wed, 30 Sep 2020 | ر.ع6.1b | ر.ع7.7b | ر.ع518.1m | 10.5x | 11.7x | 0.8x |
Price to Earnings Ratio
11.7x
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 13.6x.
Past Earnings Growth
- The earnings for Omani listed companies have grown 6.5% per year over the last three years.
- Revenues for these companies have grown 7.1% 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 Estate | 0% | |
| Consumer Discretionary | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Industrials | -0.33% | |
| Financials | -0.50% | |
| Telecom | -0.99% | |
| Consumer Staples | -1.52% | |
| Materials | -1.74% | |
| Energy | -2.14% | |
| Utilities | -4.91% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth which is trading above its 3-year average PE ratio.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 24% over the next 5 years.
- However this is lower than its past earnings growth rate of 67% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| NBOB National Bank of Oman SAOG | ر.ع0.30 | 1.7% +ر.ع8.1m | 22.0% | PB0.8x | Financials | |
| OCAI Oman Cables Industry SAOG | ر.ع2.00 | 2.6% +ر.ع4.5m | 38.9% | PE11.4x | Industrials | |
| OQIC Oman Qatar Insurance Company SAOG | ر.ع0.16 | 9.7% +ر.ع2.3m | -18.5% | PE11.7x | Financials | |
| TFCI Taageer Finance Company SAOG | ر.ع0.095 | 5.6% +ر.ع1.3m | 5.3% | PE7x | Financials | |
| OUIC Oman United Insurance Company SAOG | ر.ع0.28 | 1.9% +ر.ع500.0k | -5.2% | PE9.7x | Financials |
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