Omani (MSM) Banks Industry Analysis
UpdatedDec 01, 2023
DataAggregated Company Financials
Companies8
- 7D-1.1%
- 3M-4.5%
- 1Y0.5%
- YTD-3.5%
Over the last 7 days, the Banks industry has remained flat, although notably Bank Dhofar SAOG declined by 3.6%. 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 10% 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 |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | ر.ع4.7b | ر.ع1.1b | ر.ع395.3m | 13.2x | 11.9x | 4.2x |
| Mon, 30 Oct 2023 | ر.ع4.4b | ر.ع1.1b | ر.ع373.0m | 13.1x | 11.9x | 4x |
| Wed, 27 Sep 2023 | ر.ع4.7b | ر.ع1.1b | ر.ع369.8m | 13.1x | 12.7x | 4.2x |
| Fri, 25 Aug 2023 | ر.ع4.8b | ر.ع1.1b | ر.ع369.8m | 13.2x | 12.9x | 4.3x |
| Sun, 23 Jul 2023 | ر.ع4.8b | ر.ع1.1b | ر.ع377.3m | 14.5x | 12.6x | 4.3x |
| Tue, 20 Jun 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع374.5m | 14.4x | 12.2x | 4.2x |
| Thu, 18 May 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع371.5m | 13.9x | 12.4x | 4.2x |
| Sat, 15 Apr 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع347.9m | 14.3x | 13.2x | 4.3x |
| Mon, 13 Mar 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع357.2m | 13.2x | 12.9x | 4.3x |
| Wed, 08 Feb 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع357.2m | 13.5x | 12.8x | 4.3x |
| Fri, 06 Jan 2023 | ر.ع4.7b | ر.ع1.0b | ر.ع313.5m | 14.2x | 14.9x | 4.6x |
| Sun, 04 Dec 2022 | ر.ع4.5b | ر.ع1.0b | ر.ع313.5m | 14.2x | 14.5x | 4.4x |
| Tue, 01 Nov 2022 | ر.ع4.4b | ر.ع1.0b | ر.ع305.1m | 13.3x | 14.5x | 4.3x |
| Thu, 29 Sep 2022 | ر.ع4.4b | ر.ع985.5m | ر.ع294.4m | 15.4x | 15.1x | 4.5x |
| Sat, 27 Aug 2022 | ر.ع4.4b | ر.ع991.4m | ر.ع294.4m | 16x | 15x | 4.4x |
| Mon, 25 Jul 2022 | ر.ع4.0b | ر.ع975.1m | ر.ع287.6m | 15.5x | 14x | 4.1x |
| Wed, 22 Jun 2022 | ر.ع3.9b | ر.ع972.0m | ر.ع285.9m | 13.9x | 13.6x | 4x |
| Fri, 20 May 2022 | ر.ع3.9b | ر.ع969.1m | ر.ع285.9m | 12.9x | 13.5x | 4x |
| Sun, 17 Apr 2022 | ر.ع3.9b | ر.ع959.5m | ر.ع279.2m | 14.9x | 14x | 4.1x |
| Tue, 15 Mar 2022 | ر.ع4.0b | ر.ع959.5m | ر.ع312.3m | 13.1x | 12.8x | 4.2x |
| Thu, 10 Feb 2022 | ر.ع3.8b | ر.ع959.4m | ر.ع322.2m | 10.8x | 11.7x | 3.9x |
| Sat, 08 Jan 2022 | ر.ع3.8b | ر.ع950.8m | ر.ع281.4m | 19.2x | 13.4x | 4x |
| Mon, 06 Dec 2021 | ر.ع3.6b | ر.ع950.8m | ر.ع281.4m | 18.8x | 12.9x | 3.8x |
| Wed, 03 Nov 2021 | ر.ع3.6b | ر.ع942.9m | ر.ع278.9m | n/a | 13x | 3.9x |
| Fri, 01 Oct 2021 | ر.ع3.4b | ر.ع923.4m | ر.ع269.8m | 24x | 12.7x | 3.7x |
| Sun, 29 Aug 2021 | ر.ع3.4b | ر.ع923.4m | ر.ع269.8m | 24.5x | 12.7x | 3.7x |
| Mon, 05 Jul 2021 | ر.ع3.3b | ر.ع923.4m | ر.ع269.8m | 24.1x | 12.3x | 3.6x |
| Thu, 08 Apr 2021 | ر.ع2.9b | ر.ع880.6m | ر.ع244.7m | 26.1x | 12x | 3.3x |
| Sun, 10 Jan 2021 | ر.ع2.9b | ر.ع856.6m | ر.ع225.9m | 14.2x | 12.9x | 3.4x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are relatively neutral on the Omani Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 13.0x.
- The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 8.2% 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 | 0.32% | |
| Financials | -0.35% | |
| Banks | -1.11% | |
| Regional Banks | 4.17% | |
| Diversified Banks | -1.36% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 15.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 12.9x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 10% over the next 5 years.
- However this is lower than its past earnings growth rate of 75% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 10% 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.ع0.10 | 3.0% +ر.ع16.4m | -2.9% | PB0.7x | |
| BKNZ Bank Nizwa SAOG | ر.ع0.10 | 4.2% +ر.ع8.9m | 5.3% | PB0.9x |