Omani (MSM) Banks Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies7
- 7D0.6%
- 3M5.0%
- 1Y2.4%
- YTD3.3%
Over the last 7 days, the Banks industry has remained flat, although notably National Bank of Oman SAOG gained 5.1%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 9.0% per annum.
Industry Valuation and Performance
Has the Omani Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ر.ع4.5b | ر.ع1.0b | ر.ع301.0m | 13.8x | 14.9x | 4.4x |
| Fri, 05 Apr 2024 | ر.ع4.3b | ر.ع978.0m | ر.ع285.8m | 13.5x | 15.1x | 4.4x |
| Sun, 03 Mar 2024 | ر.ع4.2b | ر.ع1.1b | ر.ع384.0m | 13.6x | 10.9x | 3.9x |
| Tue, 30 Jan 2024 | ر.ع4.7b | ر.ع1.2b | ر.ع420.6m | 13x | 11.1x | 4x |
| Thu, 28 Dec 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع395.3m | 13x | 11.7x | 4.1x |
| Sat, 25 Nov 2023 | ر.ع4.8b | ر.ع1.1b | ر.ع395.3m | 13x | 12x | 4.2x |
| Mon, 23 Oct 2023 | ر.ع4.5b | ر.ع1.1b | ر.ع372.1m | 13.2x | 12.2x | 4.1x |
| Wed, 20 Sep 2023 | ر.ع4.7b | ر.ع1.1b | ر.ع369.8m | 13.1x | 12.8x | 4.3x |
| Fri, 18 Aug 2023 | ر.ع4.8b | ر.ع1.1b | ر.ع367.6m | 13.3x | 12.9x | 4.3x |
| Sun, 16 Jul 2023 | ر.ع4.7b | ر.ع1.1b | ر.ع377.3m | 14.4x | 12.6x | 4.3x |
| Tue, 13 Jun 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع374.5m | 14.4x | 12.3x | 4.2x |
| Thu, 11 May 2023 | ر.ع4.5b | ر.ع1.1b | ر.ع371.5m | 13.6x | 12.1x | 4.1x |
| Sat, 08 Apr 2023 | ر.ع4.5b | ر.ع1.1b | ر.ع347.9m | 14.3x | 12.9x | 4.2x |
| Mon, 06 Mar 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع357.2m | 13.6x | 13x | 4.4x |
| Wed, 01 Feb 2023 | ر.ع4.5b | ر.ع1.1b | ر.ع372.1m | 11.6x | 12.1x | 4.1x |
| Fri, 30 Dec 2022 | ر.ع4.7b | ر.ع1.0b | ر.ع313.5m | 15x | 14.9x | 4.6x |
| Sun, 27 Nov 2022 | ر.ع4.5b | ر.ع1.0b | ر.ع313.5m | 14.3x | 14.3x | 4.4x |
| Tue, 25 Oct 2022 | ر.ع4.4b | ر.ع1.0b | ر.ع301.6m | 13.7x | 14.6x | 4.4x |
| Thu, 22 Sep 2022 | ر.ع4.4b | ر.ع985.5m | ر.ع294.4m | 14.8x | 15.1x | 4.5x |
| Sat, 20 Aug 2022 | ر.ع4.5b | ر.ع991.4m | ر.ع294.4m | 16.2x | 15.2x | 4.5x |
| Mon, 18 Jul 2022 | ر.ع3.9b | ر.ع975.1m | ر.ع287.6m | 14x | 13.6x | 4x |
| Wed, 15 Jun 2022 | ر.ع3.9b | ر.ع972.0m | ر.ع285.9m | 13.4x | 13.6x | 4x |
| Fri, 13 May 2022 | ر.ع3.9b | ر.ع969.1m | ر.ع285.9m | 12.8x | 13.5x | 4x |
| Sun, 10 Apr 2022 | ر.ع3.9b | ر.ع959.5m | ر.ع279.2m | 14.9x | 14x | 4.1x |
| Tue, 08 Mar 2022 | ر.ع3.9b | ر.ع959.5m | ر.ع312.3m | 11.8x | 12.4x | 4x |
| Thu, 03 Feb 2022 | ر.ع3.8b | ر.ع957.4m | ر.ع309.4m | 11.7x | 12.3x | 4x |
| Sat, 01 Jan 2022 | ر.ع3.7b | ر.ع950.8m | ر.ع281.4m | 19.1x | 13.1x | 3.9x |
| Mon, 29 Nov 2021 | ر.ع3.8b | ر.ع950.8m | ر.ع281.4m | 19.3x | 13.4x | 4x |
| Wed, 27 Oct 2021 | ر.ع3.6b | ر.ع934.1m | ر.ع276.3m | 19.2x | 13.1x | 3.9x |
| Fri, 24 Sep 2021 | ر.ع3.4b | ر.ع923.4m | ر.ع269.8m | 24.2x | 12.7x | 3.7x |
| Sun, 22 Aug 2021 | ر.ع3.4b | ر.ع923.4m | ر.ع269.8m | 22.6x | 12.5x | 3.6x |
| Fri, 09 Jul 2021 | ر.ع3.3b | ر.ع923.4m | ر.ع269.8m | 24.1x | 12.3x | 3.6x |
Price to Earnings Ratio
12.4x
Current Industry PE
- Investors are optimistic on the Omani Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.9x which is higher than its 3-year average PE of 13.1x.
- The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 7.1% per year over the last three years.
- Revenues for these companies have grown 4.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Omani Financials industry?
| OM Market | 0.10% | |
| Financials | -0.01% | |
| Banks | 0.57% | |
| Diversified Banks | 0.60% | |
| Regional Banks | 0% | |
Industry PE
- Investors are most optimistic about the Diversified 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 higher than its past year's earnings decline of 2.2% per year.
- Investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 15.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 9.0% over the next 5 years.
- This is better than its past earnings decline of 2.2% per year.
- In contrast, the Diversified 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 | |
|---|---|---|---|---|---|
| NBOB National Bank of Oman SAOG | ر.ع0.27 | 5.4% +ر.ع22.8m | -1.5% | PB0.7x | |
| ABOB Ahli Bank SAOG | ر.ع0.16 | 1.3% +ر.ع4.7m | -4.7% | PB0.7x |