Omani (MSM) Utilities Sector Analysis
UpdatedDec 08, 2023
DataAggregated Company Financials
Companies12
- 7D-0.2%
- 3M-4.2%
- 1Y2.1%
- YTD-0.8%
Last week, the Utilities industry hasn't moved much but Muscat City Desalination Company SAOG is up 13% in that time. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 10% annually.
Sector Valuation and Performance
Has the Omani Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 Dec 2023 | ر.ع300.1m | ر.ع601.6m | ر.ع87.0m | 5.5x | 3.4x | 0.5x |
| Mon, 06 Nov 2023 | ر.ع298.5m | ر.ع600.2m | ر.ع86.6m | 5x | 3.4x | 0.5x |
| Wed, 04 Oct 2023 | ر.ع316.8m | ر.ع584.0m | ر.ع86.1m | 5.2x | 3.7x | 0.5x |
| Fri, 01 Sep 2023 | ر.ع327.7m | ر.ع583.8m | ر.ع86.0m | 6x | 3.8x | 0.6x |
| Sun, 30 Jul 2023 | ر.ع334.4m | ر.ع584.0m | ر.ع85.6m | 5.9x | 3.9x | 0.6x |
| Tue, 27 Jun 2023 | ر.ع342.1m | ر.ع582.5m | ر.ع85.0m | 6.4x | 4x | 0.6x |
| Thu, 25 May 2023 | ر.ع353.6m | ر.ع590.1m | ر.ع69.9m | 5.6x | 5.1x | 0.6x |
| Sat, 22 Apr 2023 | ر.ع358.1m | ر.ع586.4m | ر.ع67.6m | 5.3x | 5.3x | 0.6x |
| Mon, 20 Mar 2023 | ر.ع355.6m | ر.ع583.0m | ر.ع68.3m | 5.3x | 5.2x | 0.6x |
| Wed, 15 Feb 2023 | ر.ع341.3m | ر.ع582.8m | ر.ع68.9m | 5.2x | 5x | 0.6x |
| Fri, 13 Jan 2023 | ر.ع305.5m | ر.ع572.1m | ر.ع65.1m | 4.8x | 4.7x | 0.5x |
| Sun, 11 Dec 2022 | ر.ع293.8m | ر.ع579.6m | ر.ع69.2m | 5.1x | 4.2x | 0.5x |
| Tue, 08 Nov 2022 | ر.ع303.3m | ر.ع591.3m | ر.ع68.5m | 5.1x | 4.4x | 0.5x |
| Thu, 06 Oct 2022 | ر.ع311.3m | ر.ع590.6m | ر.ع69.6m | 5x | 4.5x | 0.5x |
| Sat, 03 Sep 2022 | ر.ع331.5m | ر.ع590.6m | ر.ع69.6m | 6.8x | 4.8x | 0.6x |
| Mon, 01 Aug 2022 | ر.ع381.9m | ر.ع590.9m | ر.ع70.8m | 7.2x | 5.4x | 0.6x |
| Wed, 29 Jun 2022 | ر.ع383.4m | ر.ع587.3m | ر.ع71.8m | 4.1x | 5.3x | 0.7x |
| Fri, 27 May 2022 | ر.ع387.0m | ر.ع592.1m | ر.ع72.6m | 4.2x | 5.3x | 0.7x |
| Sun, 24 Apr 2022 | ر.ع400.0m | ر.ع597.6m | ر.ع71.5m | 4.9x | 5.6x | 0.7x |
| Tue, 22 Mar 2022 | ر.ع393.5m | ر.ع597.6m | ر.ع71.5m | 4.5x | 5.5x | 0.7x |
| Thu, 17 Feb 2022 | ر.ع392.2m | ر.ع605.1m | ر.ع38.1m | 4.1x | 10.3x | 0.6x |
| Sat, 15 Jan 2022 | ر.ع392.0m | ر.ع601.1m | ر.ع44.6m | 4.3x | 8.8x | 0.7x |
| Mon, 13 Dec 2021 | ر.ع386.5m | ر.ع600.7m | ر.ع43.9m | n/a | 8.8x | 0.6x |
| Wed, 10 Nov 2021 | ر.ع398.6m | ر.ع597.6m | ر.ع43.9m | 4.3x | 9.1x | 0.7x |
| Fri, 08 Oct 2021 | ر.ع407.0m | ر.ع601.9m | ر.ع60.8m | 4.3x | 6.7x | 0.7x |
| Sun, 05 Sep 2021 | ر.ع409.7m | ر.ع602.0m | ر.ع60.8m | 4.2x | 6.7x | 0.7x |
| Tue, 03 Aug 2021 | ر.ع415.0m | ر.ع602.0m | ر.ع60.8m | 4.3x | 6.8x | 0.7x |
| Fri, 07 May 2021 | ر.ع430.8m | ر.ع600.6m | ر.ع59.6m | 4.3x | 7.2x | 0.7x |
| Mon, 08 Feb 2021 | ر.ع452.1m | ر.ع592.2m | ر.ع60.3m | 4.8x | 7.5x | 0.8x |
Price to Earnings Ratio
7.7x
Current Industry PE
- Investors are pessimistic on the Omani Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 3.4x which is lower than its 3-year average PE of 5.9x.
- The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 13% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Omani Utilities sector?
| OM Market | -0.82% | |
| Utilities | -0.20% | |
| Other Utilities | 4.88% | |
| Water Utilities | 4.55% | |
| Electric Utilities | 0% | |
| Gas Utilities | 0% | |
| Renewable Energy | -0.96% | |
Industry PE
- Investors are most optimistic about the Water Utilities industry, which is trading close to its 3-year average PE ratio of 8.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings growth rate of 4.8% per year.
- In contrast, the Renewable Energy 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 | |
|---|---|---|---|---|---|
| MCDE Muscat City Desalination Company SAOG | ر.ع0.088 | 12.8% +ر.ع1.6m | -23.5% | PE5.5x | |
| PHPC Phoenix Power Company SAOG | ر.ع0.055 | 1.9% +ر.ع1.5m | 31.0% | PE3.8x | |
| SMNP SMN Power Holding SAOG | ر.ع0.076 | 4.1% +ر.ع598.9k | 68.9% | PE1.4x | |
| BWPC Barka Water and Power Company SAOG | ر.ع0.043 | 4.9% +ر.ع320.0k | -82.0% | PS0.5x | |
| DGEN Dhofar Generating Company SAOG | ر.ع0.038 | 2.7% +ر.ع222.2k | -17.4% | PE5.9x |