Omani (MSM) Market Analysis & Valuation
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies98
- 7D-0.3%
- 3M2.6%
- 1Y0.9%
- YTD2.5%
Over the last 7 days, the market has remained flat, although notably the Consumer Staples sector declined by 4.0%. In line with that, the market has also been flat 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 |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ر.ع9.1b | ر.ع9.8b | ر.ع680.7m | 11.6x | 13.4x | 0.9x |
| Mon, 25 Mar 2024 | ر.ع9.1b | ر.ع9.7b | ر.ع644.3m | 11.5x | 14.2x | 0.9x |
| Wed, 21 Feb 2024 | ر.ع8.8b | ر.ع9.5b | ر.ع736.2m | 11.4x | 12x | 0.9x |
| Fri, 19 Jan 2024 | ر.ع9.3b | ر.ع9.7b | ر.ع815.2m | 11.5x | 11.4x | 1x |
| Sun, 17 Dec 2023 | ر.ع9.3b | ر.ع9.6b | ر.ع789.4m | 11.7x | 11.7x | 1x |
| Tue, 14 Nov 2023 | ر.ع9.1b | ر.ع9.6b | ر.ع780.1m | 11.8x | 11.6x | 0.9x |
| Thu, 12 Oct 2023 | ر.ع8.8b | ر.ع9.4b | ر.ع626.2m | 12.2x | 14x | 0.9x |
| Sat, 09 Sep 2023 | ر.ع8.7b | ر.ع9.4b | ر.ع625.2m | 12x | 13.9x | 0.9x |
| Mon, 07 Aug 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع594.3m | 13.5x | 14.8x | 0.9x |
| Wed, 05 Jul 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع595.7m | 13.6x | 14.7x | 0.9x |
| Fri, 02 Jun 2023 | ر.ع8.5b | ر.ع9.3b | ر.ع577.7m | 12.6x | 14.6x | 0.9x |
| Sun, 30 Apr 2023 | ر.ع8.6b | ر.ع9.0b | ر.ع603.9m | 12.3x | 14.3x | 1x |
| Tue, 28 Mar 2023 | ر.ع8.6b | ر.ع9.0b | ر.ع594.5m | 12.7x | 14.5x | 1x |
| Thu, 23 Feb 2023 | ر.ع8.2b | ر.ع8.7b | ر.ع554.9m | 11.1x | 14.8x | 0.9x |
| Sat, 21 Jan 2023 | ر.ع8.3b | ر.ع8.7b | ر.ع574.8m | 10.9x | 14.5x | 1x |
| Mon, 19 Dec 2022 | ر.ع8.4b | ر.ع8.6b | ر.ع486.0m | 11.2x | 17.3x | 1x |
| Wed, 16 Nov 2022 | ر.ع7.8b | ر.ع8.4b | ر.ع563.7m | 10.7x | 13.9x | 0.9x |
| Fri, 14 Oct 2022 | ر.ع8.0b | ر.ع8.1b | ر.ع527.8m | 12.2x | 15.2x | 1x |
| Sun, 11 Sep 2022 | ر.ع8.1b | ر.ع8.1b | ر.ع532.2m | 11.9x | 15.2x | 1x |
| Tue, 09 Aug 2022 | ر.ع8.1b | ر.ع8.0b | ر.ع532.9m | 12.3x | 15.2x | 1x |
| Thu, 07 Jul 2022 | ر.ع7.2b | ر.ع7.9b | ر.ع523.3m | 12.1x | 13.8x | 0.9x |
| Sat, 04 Jun 2022 | ر.ع7.3b | ر.ع7.9b | ر.ع522.4m | 12.1x | 14x | 0.9x |
| Mon, 02 May 2022 | ر.ع7.3b | ر.ع7.7b | ر.ع523.3m | 11.8x | 14x | 1x |
| Wed, 30 Mar 2022 | ر.ع7.3b | ر.ع7.7b | ر.ع517.7m | 12.3x | 14.1x | 0.9x |
| Fri, 25 Feb 2022 | ر.ع7.1b | ر.ع7.8b | ر.ع549.3m | 11.3x | 12.9x | 0.9x |
| Sun, 23 Jan 2022 | ر.ع7.3b | ر.ع7.7b | ر.ع538.8m | 10.8x | 13.5x | 0.9x |
| Tue, 21 Dec 2021 | ر.ع7.0b | ر.ع7.6b | ر.ع532.9m | 10.7x | 13.2x | 0.9x |
| Thu, 18 Nov 2021 | ر.ع7.1b | ر.ع7.6b | ر.ع529.2m | 10.8x | 13.3x | 0.9x |
| Sat, 16 Oct 2021 | ر.ع7.0b | ر.ع7.5b | ر.ع535.1m | 11.5x | 13x | 0.9x |
| Mon, 13 Sep 2021 | ر.ع7.0b | ر.ع7.5b | ر.ع535.2m | 12.1x | 13x | 0.9x |
| Wed, 11 Aug 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع537.3m | 11.3x | 12.8x | 0.9x |
| Sun, 06 Jun 2021 | ر.ع6.5b | ر.ع7.3b | ر.ع539.7m | 11.6x | 12x | 0.9x |
Price to Earnings Ratio
11.8x
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 13.7x.
Past Earnings Growth
- The earnings for Omani listed companies have grown 8.1% per year over the last three years.
- Revenues for these companies have grown 10% 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 | -0.26% | |
| Industrials | 2.25% | |
| Materials | 1.76% | |
| Consumer Discretionary | 1.66% | |
| Telecom | 0.79% | |
| Real Estate | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Financials | -0.50% | |
| Energy | -0.72% | |
| Utilities | -0.99% | |
| Consumer Staples | -3.97% | |
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 121x.
- Analysts expect its future annual earnings growth (26.9%) to be largely in line with prior year's earnings growth.
- The market's confidence could indicate that the market believes that analysts are underestimating future growth.
- 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 5.7x.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 136% over the next 5 years.
- This is better than its past earnings growth rate of 4.4% per year.
- In contrast, the Energy sector is expected to see its earnings grow by 6.0% 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 | |
|---|---|---|---|---|---|---|
| GECS Galfar Engineering & Contracting SAOG | ر.ع0.16 | 21.6% +ر.ع8.4m | -13.8% | PS0.2x | Industrials | |
| BKSB Sohar International Bank SAOG | ر.ع0.12 | 0.8% +ر.ع5.6m | 20.4% | PB0.9x | Financials | |
| OTEL Oman Telecommunications Company SAOG | ر.ع1.05 | 0.6% +ر.ع4.5m | 5.0% | PE10.5x | Telecom | |
| ORDS Omani Qatari Telecommunications Company SAOG | ر.ع0.30 | 1.7% +ر.ع3.3m | -22.3% | PE18.4x | Telecom | |
| SMNP SMN Power Holding SAOG | ر.ع0.36 | 4.4% +ر.ع3.0m | 293.4% | PS0.8x | Utilities |
