Omani (MSM) Financials Sector Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies31
- 7D1.0%
- 3M0.8%
- 1Y0.7%
- YTD1.2%
Over the last 7 days, the Financials industry has risen 1.0%, driven by gains from Sohar International Bank SAOG of 9.8%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 9.0% annually.
Sector Valuation and Performance
Has the Omani Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | ر.ع5.3b | ر.ع2.1b | ر.ع386.5m | 12.4x | 13.7x | 2.6x |
| Sun, 17 Mar 2024 | ر.ع5.2b | ر.ع2.1b | ر.ع456.9m | 11.8x | 11.5x | 2.5x |
| Tue, 13 Feb 2024 | ر.ع5.2b | ر.ع1.9b | ر.ع451.1m | 11.6x | 11.5x | 2.7x |
| Thu, 11 Jan 2024 | ر.ع5.7b | ر.ع2.0b | ر.ع474.3m | 12.7x | 12x | 2.8x |
| Sat, 09 Dec 2023 | ر.ع5.7b | ر.ع2.0b | ر.ع474.1m | 12.5x | 12x | 2.8x |
| Mon, 06 Nov 2023 | ر.ع5.4b | ر.ع2.0b | ر.ع468.6m | 12.5x | 11.5x | 2.7x |
| Wed, 04 Oct 2023 | ر.ع5.7b | ر.ع2.0b | ر.ع469.4m | 12.5x | 12.1x | 2.9x |
| Fri, 01 Sep 2023 | ر.ع5.7b | ر.ع2.0b | ر.ع469.4m | 12.6x | 12.2x | 2.9x |
| Sun, 30 Jul 2023 | ر.ع5.7b | ر.ع1.9b | ر.ع474.4m | 13.7x | 12x | 2.9x |
| Tue, 27 Jun 2023 | ر.ع5.6b | ر.ع1.9b | ر.ع475.6m | 13.3x | 11.8x | 3x |
| Thu, 25 May 2023 | ر.ع5.5b | ر.ع1.9b | ر.ع474.7m | 11.8x | 11.5x | 2.9x |
| Sat, 22 Apr 2023 | ر.ع5.5b | ر.ع1.8b | ر.ع458.1m | 12.7x | 12x | 3.1x |
| Mon, 20 Mar 2023 | ر.ع5.5b | ر.ع1.7b | ر.ع434.7m | 12x | 12.8x | 3.2x |
| Wed, 15 Feb 2023 | ر.ع5.3b | ر.ع1.7b | ر.ع443.1m | 10.9x | 12.1x | 3.2x |
| Fri, 13 Jan 2023 | ر.ع5.6b | ر.ع1.7b | ر.ع414.0m | 10.9x | 13.4x | 3.3x |
| Sun, 11 Dec 2022 | ر.ع5.6b | ر.ع1.6b | ر.ع396.5m | 11.6x | 14.1x | 3.4x |
| Tue, 08 Nov 2022 | ر.ع5.2b | ر.ع1.5b | ر.ع358.6m | 11.7x | 14.5x | 3.4x |
| Thu, 06 Oct 2022 | ر.ع5.3b | ر.ع1.5b | ر.ع344.2m | 12.9x | 15.4x | 3.6x |
| Sat, 03 Sep 2022 | ر.ع5.2b | ر.ع1.5b | ر.ع344.2m | 12.9x | 15x | 3.5x |
| Mon, 01 Aug 2022 | ر.ع5.1b | ر.ع1.5b | ر.ع361.4m | 12.4x | 14.1x | 3.5x |
| Wed, 29 Jun 2022 | ر.ع4.5b | ر.ع1.4b | ر.ع343.9m | 12.3x | 13.2x | 3.2x |
| Fri, 27 May 2022 | ر.ع4.5b | ر.ع1.4b | ر.ع342.7m | 12x | 13.2x | 3.2x |
| Sun, 24 Apr 2022 | ر.ع4.6b | ر.ع1.4b | ر.ع335.3m | 12.3x | 13.8x | 3.3x |
| Tue, 22 Mar 2022 | ر.ع4.7b | ر.ع1.4b | ر.ع335.2m | 12.8x | 13.9x | 3.3x |
| Thu, 17 Feb 2022 | ر.ع4.4b | ر.ع1.4b | ر.ع373.2m | 11.4x | 11.8x | 3.1x |
| Sat, 15 Jan 2022 | ر.ع4.6b | ر.ع1.4b | ر.ع342.7m | 11.5x | 13.4x | 3.2x |
| Mon, 13 Dec 2021 | ر.ع4.4b | ر.ع1.4b | ر.ع342.7m | n/a | 12.7x | 3.1x |
| Wed, 10 Nov 2021 | ر.ع4.3b | ر.ع1.4b | ر.ع345.7m | 11.1x | 12.5x | 3x |
| Fri, 08 Oct 2021 | ر.ع4.2b | ر.ع1.4b | ر.ع331.6m | 11.5x | 12.7x | 3x |
| Sun, 05 Sep 2021 | ر.ع4.2b | ر.ع1.4b | ر.ع331.3m | 11.5x | 12.6x | 3x |
| Tue, 03 Aug 2021 | ر.ع4.0b | ر.ع1.4b | ر.ع331.3m | 11.8x | 12.2x | 2.9x |
| Fri, 07 May 2021 | ر.ع3.6b | ر.ع1.4b | ر.ع358.0m | 9.7x | 10.2x | 2.7x |
Price to Earnings Ratio
10.2x
Current Industry PE
- Investors are optimistic on the Omani Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.3x which is higher than its 3-year average PE of 12.6x.
- The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Financials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 14% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Omani Financials sector?
| OM Market | 0.26% | |
| Financials | 1.05% | |
| Capital Markets | 1.82% | |
| Diversified Financial | 1.77% | |
| Banks | 1.18% | |
| Consumer Finance | 0.22% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | -1.52% | |
Industry PE
- Investors are most optimistic about the Banks industry which is trading above its 3-year average PE ratio of 13.0x.
- Analysts are expecting annual earnings growth of 9.0%, which is lower than the prior year's growth of 10.3% per year.
- Investors are most pessimistic about the Diversified Financial industry, which is trading close to its 3-year average of 9.5x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 9.0% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Banks industry is expected to see its earnings grow by 9.0% 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 | |
|---|---|---|---|---|---|
| BKSB Sohar International Bank SAOG | ر.ع0.12 | 9.8% +ر.ع61.3m | 21.7% | PB0.9x | |
| ABOB Ahli Bank SAOG | ر.ع0.16 | 6.0% +ر.ع21.1m | -8.6% | PB0.7x | |
| OMVS Oman International Development and Investment Company SAOG | ر.ع0.41 | 2.0% +ر.ع5.3m | -3.1% | PE8.3x | |
| DIDI Dhofar International Development & Investment Holding CompanyO.G | ر.ع0.23 | 2.3% +ر.ع2.0m | 33.9% | PE11x | |
| GFIC Global Financial Investments Holding SAOG | ر.ع0.071 | 10.9% +ر.ع1.4m | 10.9% | PE7x |