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Omani (MSM) Market Analysis & Valuation

UpdatedMar 19, 2025
DataAggregated Company Financials
Companies99
  • 7D-0.4%
  • 3M-1.8%
  • 1Y-7.0%
  • YTD-4.1%

In the last week, the market has stayed flat, however the Materials sector stood out, gaining 3.1%. As for last year, the market is down 5.9%. As for the next few years, earnings are expected to grow by 11% 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
Wed, 19 Mar 2025ر.ع12.3bر.ع11.1bر.ع1.2b10x10.6x1.1x
Fri, 14 Feb 2025ر.ع11.8bر.ع11.5bر.ع1.4b10.4x8.4x1x
Sun, 12 Jan 2025ر.ع12.3bر.ع10.1bر.ع699.7m11.4x17.5x1.2x
Tue, 10 Dec 2024ر.ع11.8bر.ع10.1bر.ع694.4m10.9x16.9x1.2x
Thu, 07 Nov 2024ر.ع11.9bر.ع10.1bر.ع684.9m10.6x17.4x1.2x
Sat, 05 Oct 2024ر.ع9.0bر.ع10.0bر.ع680.4m10.8x13.2x0.9x
Mon, 02 Sep 2024ر.ع9.2bر.ع10.0bر.ع680.1m11.2x13.5x0.9x
Wed, 31 Jul 2024ر.ع9.0bر.ع9.9bر.ع676.6m11.1x13.3x0.9x
Fri, 28 Jun 2024ر.ع9.1bر.ع9.9bر.ع677.3m12.2x13.4x0.9x
Sun, 26 May 2024ر.ع9.2bر.ع9.9bر.ع673.3m11.8x13.7x0.9x
Tue, 23 Apr 2024ر.ع9.1bر.ع9.8bر.ع679.8m11.8x13.5x0.9x
Thu, 21 Mar 2024ر.ع9.2bر.ع9.7bر.ع641.8m11.4x14.3x0.9x
Sat, 17 Feb 2024ر.ع8.9bر.ع9.5bر.ع736.4m11.4x12.1x0.9x
Mon, 15 Jan 2024ر.ع9.3bر.ع9.6bر.ع793.2m11.9x11.7x1x
Wed, 13 Dec 2023ر.ع9.3bر.ع9.6bر.ع790.1m11.9x11.7x1x
Fri, 10 Nov 2023ر.ع9.0bر.ع9.6bر.ع772.0m11.8x11.6x0.9x
Sun, 08 Oct 2023ر.ع8.7bر.ع9.4bر.ع626.2m12.2x13.9x0.9x
Tue, 05 Sep 2023ر.ع8.8bر.ع9.4bر.ع625.2m12.5x14.1x0.9x
Thu, 03 Aug 2023ر.ع8.8bر.ع9.3bر.ع596.0m13.5x14.8x0.9x
Sat, 01 Jul 2023ر.ع8.7bر.ع9.3bر.ع595.7m13.4x14.7x0.9x
Mon, 29 May 2023ر.ع8.5bر.ع9.3bر.ع576.5m12.3x14.7x0.9x
Wed, 26 Apr 2023ر.ع8.6bر.ع9.0bر.ع603.6m12.1x14.3x1x
Fri, 24 Mar 2023ر.ع8.6bر.ع9.0bر.ع593.5m12.7x14.6x1x
Sun, 19 Feb 2023ر.ع8.2bر.ع8.7bر.ع554.9m11x14.7x0.9x
Tue, 17 Jan 2023ر.ع8.4bر.ع8.6bر.ع543.8m10.1x15.4x1x
Thu, 15 Dec 2022ر.ع8.5bر.ع8.6bر.ع486.0m11.3x17.4x1x
Sat, 12 Nov 2022ر.ع7.9bر.ع8.3bر.ع530.9m11.2x14.8x0.9x
Mon, 10 Oct 2022ر.ع8.1bر.ع8.1bر.ع527.8m12.6x15.3x1x
Wed, 07 Sep 2022ر.ع8.0bر.ع8.1bر.ع532.2m12x15x1x
Fri, 05 Aug 2022ر.ع8.1bر.ع8.0bر.ع533.7m11.8x15.2x1x
Sun, 03 Jul 2022ر.ع7.3bر.ع7.9bر.ع523.2m12.3x13.9x0.9x
Tue, 31 May 2022ر.ع7.3bر.ع7.9bر.ع522.4m12.1x14x0.9x
Thu, 28 Apr 2022ر.ع7.3bر.ع7.7bر.ع519.4m11.8x14.1x1x
Sat, 26 Mar 2022ر.ع7.4bر.ع7.7bر.ع517.7m12.3x14.3x1x
Price to Earnings Ratio

14.3x


Total Market Cap: ر.ع7.4bTotal Earnings: ر.ع517.7mTotal Revenue: ر.ع7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Omani Market Price to Earnings3Y Average 13.8x202320242025
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 10.7x which is lower than its 3-year average PE of 13.8x.
Past Earnings Growth
  • The earnings for Omani listed companies have grown 30% 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-0.45%
Materials2.85%
Consumer Discretionary0.36%
Telecom0.046%
Healthcare0%0
Energy-0.02%
Utilities-0.31%
Real Estate-0.74%
Financials-0.90%
Industrials-2.20%
Consumer Staples-3.23%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading close to its 3-year average PE ratio of 65.4x.
    • Analysts are expecting annual earnings decline of 4.8%, which is less than its past year's earnings decline of 14.5% per year.
  • The Utilities sector is the least preferred by investors for future growth, which is trading below its 3-year average of 5.9x.
Forecasted Growth
  • Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 3.5% per year.
  • In contrast, the Materials sector is expected to see its earnings decline by 4.8% 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
OCOI Oman Cement Company SAOGر.ع0.515.2%
+ر.ع8.3m		0.4%PE15xMaterials
BKMB Bank Muscat SAOGر.ع0.260.4%
+ر.ع7.5m		-6.9%PB0.8xFinancials
OTEL Oman Telecommunications Company SAOGر.ع0.821.2%
+ر.ع7.5m		-24.8%PE8xTelecom
OQBI OQ Base Industries (SFZ) SAOGر.ع0.102.0%
+ر.ع6.9m		n/an/aMaterials
VOES Voltamp Energy SAOGر.ع0.6510.2%
+ر.ع4.9m		306.3%PE10xIndustrials
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Latest News

OTEL

ر.ع0.82

Oman Telecommunications Company SAOG

7D

1.2%

1Y

-24.8%

OCOI

ر.ع0.51

Oman Cement Company SAOG

7D

5.2%

1Y

0.4%

BKMB

ر.ع0.26

Bank Muscat SAOG

7D

0.4%

1Y

-6.9%

ABOB

ر.ع0.17

Ahli Bank SAOG

7D

-5.1%

1Y

-1.2%

BKSB

ر.ع0.12

Sohar International Bank SAOG

7D

-3.2%

1Y

10.1%

OQGN

ر.ع0.13

OQ Gas Networks SAOG

7D

0.8%

1Y

-10.4%

LIVA

ر.ع0.30

Liva Group SAOG

7D

-6.3%

1Y

-10.4%

SOMS

ر.ع0.55

Shell Oman Marketing Company SAOG

7D

6.8%

1Y

-31.3%

VOES

ر.ع0.65

Voltamp Energy SAOG

7D

10.2%

1Y

306.3%

ORCI

ر.ع0.90

Oman Refreshment Company SAOG

7D

-10.0%

1Y

-35.7%

OCAI

ر.ع2.32

Oman Cables Industry SAOG

7D

-3.9%

1Y

5.6%

RNSS

ر.ع0.32

Renaissance Services SAOG

7D

-6.4%

1Y

-25.1%

ABRJ

ر.ع0.24

Abraj Energy Services SAOG

7D

-4.3%

1Y

-22.4%

OAB

ر.ع0.14

Oman Arab Bank SAOG

7D

1.5%

1Y

14.2%

ORDS

ر.ع0.18

Omani Qatari Telecommunications Company SAOG

7D

-5.8%

1Y

-45.4%

OQBI

ر.ع0.10

OQ Base Industries (SFZ) SAOG

7D

2.0%

1Y

n/a