Omani (MSM) Renewable Energy Industry Analysis
UpdatedMar 24, 2023
DataAggregated Company Financials
Companies8
- 7D0.7%
- 3M22.9%
- 1Y1.1%
- YTD23.5%
Over the last 7 days, the Renewable Energy industry has remained flat, although notably Al Batinah Power Company SAOG declined by 14%. In line with that, the industry has also been flat over the past 12 months.
Industry Valuation and Performance
Has the Omani Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 25 Mar 2023 | ر.ع280.6m | ر.ع517.2m | ر.ع66.0m | 4x | 4.3x | 0.5x |
| Mon, 20 Feb 2023 | ر.ع260.4m | ر.ع517.0m | ر.ع66.6m | 3.7x | 3.9x | 0.5x |
| Wed, 18 Jan 2023 | ر.ع238.0m | ر.ع516.6m | ر.ع66.6m | 3.1x | 3.6x | 0.5x |
| Fri, 16 Dec 2022 | ر.ع222.8m | ر.ع506.2m | ر.ع62.9m | 3.1x | 3.5x | 0.4x |
| Sun, 13 Nov 2022 | ر.ع219.8m | ر.ع517.8m | ر.ع62.2m | 2.5x | 3.5x | 0.4x |
| Tue, 11 Oct 2022 | ر.ع232.6m | ر.ع509.9m | ر.ع60.5m | 3.2x | 3.8x | 0.5x |
| Thu, 08 Sep 2022 | ر.ع251.1m | ر.ع509.9m | ر.ع60.5m | 3.4x | 4.2x | 0.5x |
| Sat, 06 Aug 2022 | ر.ع269.7m | ر.ع510.6m | ر.ع60.8m | 3.6x | 4.4x | 0.5x |
| Mon, 04 Jul 2022 | ر.ع265.4m | ر.ع501.5m | ر.ع60.0m | 3.4x | 4.4x | 0.5x |
| Wed, 01 Jun 2022 | ر.ع274.5m | ر.ع501.5m | ر.ع60.0m | 3.6x | 4.6x | 0.5x |
| Fri, 29 Apr 2022 | ر.ع276.8m | ر.ع506.0m | ر.ع59.0m | 3.9x | 4.7x | 0.5x |
| Sun, 27 Mar 2022 | ر.ع277.5m | ر.ع507.7m | ر.ع58.3m | 4.2x | 4.8x | 0.5x |
| Tue, 22 Feb 2022 | ر.ع278.4m | ر.ع539.7m | ر.ع50.3m | 4x | 5.5x | 0.5x |
| Thu, 20 Jan 2022 | ر.ع290.8m | ر.ع531.1m | ر.ع54.8m | 3.9x | 5.3x | 0.5x |
| Sat, 18 Dec 2021 | ر.ع280.0m | ر.ع530.8m | ر.ع54.1m | 3.6x | 5.2x | 0.5x |
| Mon, 15 Nov 2021 | ر.ع296.4m | ر.ع527.8m | ر.ع54.0m | 3.8x | 5.5x | 0.6x |
| Wed, 13 Oct 2021 | ر.ع301.5m | ر.ع527.1m | ر.ع69.4m | 4x | 4.3x | 0.6x |
| Fri, 10 Sep 2021 | ر.ع308.4m | ر.ع527.4m | ر.ع69.4m | 3.9x | 4.4x | 0.6x |
| Sun, 08 Aug 2021 | ر.ع313.6m | ر.ع527.4m | ر.ع69.4m | 3.9x | 4.5x | 0.6x |
| Sat, 01 May 2021 | ر.ع328.7m | ر.ع519.0m | ر.ع66.8m | 4.1x | 4.9x | 0.6x |
| Tue, 02 Feb 2021 | ر.ع347.4m | ر.ع511.2m | ر.ع67.7m | 4.4x | 5.1x | 0.7x |
| Fri, 06 Nov 2020 | ر.ع386.1m | ر.ع510.4m | ر.ع71.7m | 6x | 5.4x | 0.8x |
| Mon, 10 Aug 2020 | ر.ع373.2m | ر.ع505.9m | ر.ع70.6m | 5.5x | 5.3x | 0.7x |
| Sun, 03 May 2020 | ر.ع394.5m | ر.ع512.7m | ر.ع67.9m | 6.5x | 5.8x | 0.8x |
Price to Earnings Ratio
5.7x
Current Industry PE
- Investors are pessimistic on the Omani Renewable Energy 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 4.2x which is lower than its 3-year average PE of 4.8x.
- The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
- Both revenue and earnings for companies in the Renewable Energy industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Omani Utilities industry?
| OM Market | -0.93% | |
| Utilities | 0.40% | |
| Renewable Energy | 0.66% | |
| Independent Power Producers and Energy Traders | 0.66% | |
| Renewable Energy | 0% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 4.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 4.8x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PHPC Phoenix Power Company SAOG | ر.ع0.059 | 3.5% +ر.ع2.9m | 22.9% | PE4.2x | |
| SSPW Sembcorp Salalah Power & Water Company SAOG | ر.ع0.083 | 3.8% +ر.ع2.9m | 2.5% | PE4x | |
| SMNP SMN Power Holding SAOG | ر.ع0.10 | 3.0% +ر.ع598.9k | 126.7% | PE1.8x | |
| MSPW Musandam Power Company SAOG | ر.ع0.32 | 1.3% +ر.ع281.6k | -4.2% | PE8.5x |