Omani (MSM) Renewable Energy Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
- 7D-0.8%
- 3M-5.5%
- 1Y42.6%
- YTD58.7%
In the last week, Renewable Energy has been flat. The past year has been better, since the industry has gained 43% in that time. Looking forward, earnings are forecast to grow by 9.9% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ر.ع388.6m | ر.ع572.5m | ر.ع47.3m | 4.4x | 8.2x | 0.7x |
| Sun, 23 Jun 2024 | ر.ع378.5m | ر.ع561.5m | ر.ع48.0m | 4.2x | 7.9x | 0.7x |
| Tue, 21 May 2024 | ر.ع397.6m | ر.ع560.2m | ر.ع47.6m | 4.4x | 8.3x | 0.7x |
| Thu, 18 Apr 2024 | ر.ع411.8m | ر.ع550.3m | ر.ع47.0m | 4.6x | 8.8x | 0.7x |
| Sat, 16 Mar 2024 | ر.ع384.0m | ر.ع546.0m | ر.ع57.2m | 4.6x | 6.7x | 0.7x |
| Mon, 12 Feb 2024 | ر.ع273.0m | ر.ع542.5m | ر.ع56.9m | 4.1x | 4.8x | 0.5x |
| Wed, 10 Jan 2024 | ر.ع263.3m | ر.ع538.1m | ر.ع83.1m | 4.1x | 3.2x | 0.5x |
| Fri, 08 Dec 2023 | ر.ع257.4m | ر.ع537.5m | ر.ع83.1m | 4x | 3.1x | 0.5x |
| Sun, 05 Nov 2023 | ر.ع258.7m | ر.ع525.3m | ر.ع84.2m | 4.1x | 3.1x | 0.5x |
| Tue, 03 Oct 2023 | ر.ع275.4m | ر.ع519.4m | ر.ع83.8m | 4.6x | 3.3x | 0.5x |
| Thu, 31 Aug 2023 | ر.ع281.9m | ر.ع519.0m | ر.ع83.6m | 4.5x | 3.4x | 0.5x |
| Sat, 29 Jul 2023 | ر.ع290.0m | ر.ع519.2m | ر.ع83.0m | 4.5x | 3.5x | 0.6x |
| Mon, 26 Jun 2023 | ر.ع296.2m | ر.ع517.8m | ر.ع82.4m | 4.7x | 3.6x | 0.6x |
| Wed, 24 May 2023 | ر.ع308.4m | ر.ع525.2m | ر.ع67.3m | 4.8x | 4.6x | 0.6x |
| Fri, 21 Apr 2023 | ر.ع281.2m | ر.ع520.6m | ر.ع65.2m | 4.1x | 4.3x | 0.5x |
| Sun, 19 Mar 2023 | ر.ع278.8m | ر.ع518.8m | ر.ع66.9m | 3.9x | 4.2x | 0.5x |
| Tue, 14 Feb 2023 | ر.ع263.3m | ر.ع517.0m | ر.ع66.6m | 3.7x | 4x | 0.5x |
| Thu, 12 Jan 2023 | ر.ع228.5m | ر.ع506.2m | ر.ع62.9m | 3.2x | 3.6x | 0.5x |
| Sat, 10 Dec 2022 | ر.ع216.1m | ر.ع506.2m | ر.ع62.9m | 3x | 3.4x | 0.4x |
| Mon, 07 Nov 2022 | ر.ع226.1m | ر.ع517.8m | ر.ع62.3m | 2.6x | 3.6x | 0.4x |
| Wed, 05 Oct 2022 | ر.ع233.6m | ر.ع509.9m | ر.ع60.5m | 3.2x | 3.9x | 0.5x |
| Fri, 02 Sep 2022 | ر.ع253.3m | ر.ع509.9m | ر.ع60.5m | 3.4x | 4.2x | 0.5x |
| Sun, 31 Jul 2022 | ر.ع266.5m | ر.ع508.5m | ر.ع60.9m | 3.6x | 4.4x | 0.5x |
| Tue, 28 Jun 2022 | ر.ع268.6m | ر.ع501.5m | ر.ع60.0m | 3.6x | 4.5x | 0.5x |
| Thu, 26 May 2022 | ر.ع271.7m | ر.ع506.3m | ر.ع60.8m | 3.6x | 4.5x | 0.5x |
| Sat, 23 Apr 2022 | ر.ع283.1m | ر.ع507.7m | ر.ع58.3m | 4.3x | 4.9x | 0.6x |
| Mon, 21 Mar 2022 | ر.ع277.9m | ر.ع507.7m | ر.ع58.3m | 4.2x | 4.8x | 0.5x |
| Wed, 16 Feb 2022 | ر.ع281.5m | ر.ع533.5m | ر.ع49.9m | 4x | 5.6x | 0.5x |
| Fri, 14 Jan 2022 | ر.ع291.3m | ر.ع531.0m | ر.ع54.8m | 3.9x | 5.3x | 0.5x |
| Sun, 12 Dec 2021 | ر.ع283.3m | ر.ع530.8m | ر.ع54.1m | 3.7x | 5.2x | 0.5x |
| Tue, 09 Nov 2021 | ر.ع298.5m | ر.ع527.8m | ر.ع54.0m | 3.8x | 5.5x | 0.6x |
| Thu, 07 Oct 2021 | ر.ع306.2m | ر.ع527.3m | ر.ع69.4m | 3.9x | 4.4x | 0.6x |
| Sat, 04 Sep 2021 | ر.ع308.6m | ر.ع527.4m | ر.ع69.4m | 3.9x | 4.4x | 0.6x |
| Mon, 02 Aug 2021 | ر.ع313.4m | ر.ع527.4m | ر.ع69.4m | 3.9x | 4.5x | 0.6x |
Price to Earnings Ratio
4.5x
Current Industry PE
- Investors are optimistic on the Omani Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.2x which is higher than its 3-year average PE of 4.7x.
- The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.8% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Omani Utilities industry?
| OM Market | -0.70% | |
| Utilities | -0.55% | |
| Renewable Energy | -0.83% | |
| Renewable Energy | 0% | |
| Independent Power Producers and Energy Traders | -0.83% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 4.7x.
- Analysts are expecting annual earnings growth of 9.9%, which is higher than its past year's earnings growth of 6.9% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.7x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 9.9% over the next 5 years.
- This is better than its past earnings growth rate of 6.9% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 9.9% 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 | |
|---|---|---|---|---|---|
| PHPC Phoenix Power Company SAOG | ر.ع0.062 | 1.6% +ر.ع1.5m | 0% | PE4.1x | |
| SMNP SMN Power Holding SAOG | ر.ع0.32 | 0.6% +ر.ع399.3k | 283.3% | PS0.7x |