Egyptian (OMX) Financials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies44
- 7D1.7%
- 3M-13.0%
- 1Y29.1%
- YTD-0.5%
Over the last 7 days, the Financials industry has risen 1.7%, driven by gains from Commercial International Bank (Egypt)E of 3.2%. Meanwhile, QNB AlahliE actually underperformed within the industry, shrinking 5.4% in the last week. This means that the industry has gained 29% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.
Sector Valuation and Performance
Has the Egyptian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 May 2024 | ج.م525.1b | ج.م316.7b | ج.م83.9b | 7.6x | 6.3x | 1.7x |
| Wed, 17 Apr 2024 | ج.م591.3b | ج.م304.9b | ج.م74.2b | 8.1x | 8x | 1.9x |
| Fri, 15 Mar 2024 | ج.م635.0b | ج.م303.3b | ج.م72.7b | 8.8x | 8.7x | 2.1x |
| Sun, 11 Feb 2024 | ج.م587.9b | ج.م288.1b | ج.م64.4b | 9.6x | 9.1x | 2x |
| Tue, 09 Jan 2024 | ج.م525.9b | ج.م275.5b | ج.م62.9b | 10x | 8.4x | 1.9x |
| Thu, 07 Dec 2023 | ج.م521.9b | ج.م272.5b | ج.م60.7b | 9.6x | 8.6x | 1.9x |
| Sat, 04 Nov 2023 | ج.م450.2b | ج.م254.1b | ج.م57.8b | 8.8x | 7.8x | 1.8x |
| Mon, 02 Oct 2023 | ج.م415.7b | ج.م244.5b | ج.م50.7b | 8.7x | 8.2x | 1.7x |
| Wed, 30 Aug 2023 | ج.م403.4b | ج.م243.8b | ج.م51.5b | 8.7x | 7.8x | 1.7x |
| Fri, 28 Jul 2023 | ج.م370.3b | ج.م232.7b | ج.م46.8b | 11x | 7.9x | 1.6x |
| Sun, 25 Jun 2023 | ج.م370.6b | ج.م211.7b | ج.م41.8b | 11x | 8.9x | 1.8x |
| Tue, 23 May 2023 | ج.م350.3b | ج.م209.3b | ج.م41.0b | 9.8x | 8.5x | 1.7x |
| Thu, 20 Apr 2023 | ج.م351.0b | ج.م188.6b | ج.م38.6b | 11x | 9.1x | 1.9x |
| Sat, 18 Mar 2023 | ج.م269.0b | ج.م181.5b | ج.م35.4b | 9.1x | 7.6x | 1.5x |
| Mon, 13 Feb 2023 | ج.م313.7b | ج.م176.3b | ج.م33.9b | 10.6x | 9.3x | 1.8x |
| Wed, 11 Jan 2023 | ج.م262.5b | ج.م174.2b | ج.م32.6b | 9.6x | 8.1x | 1.5x |
| Fri, 09 Dec 2022 | ج.م261.1b | ج.م90.0b | ج.م33.8b | 8.9x | 7.7x | 2.9x |
| Sun, 06 Nov 2022 | ج.م196.2b | ج.م86.1b | ج.م33.0b | 7.1x | 6x | 2.3x |
| Tue, 04 Oct 2022 | ج.م169.7b | ج.م84.5b | ج.م32.3b | 6.7x | 5.3x | 2x |
| Thu, 01 Sep 2022 | ج.م174.3b | ج.م85.2b | ج.م32.3b | 6.1x | 5.4x | 2x |
| Sat, 30 Jul 2022 | ج.م163.3b | ج.م82.3b | ج.م31.3b | 6x | 5.2x | 2x |
| Mon, 27 Jun 2022 | ج.م164.9b | ج.م82.1b | ج.م31.2b | 6.3x | 5.3x | 2x |
| Wed, 25 May 2022 | ج.م179.0b | ج.م82.1b | ج.م31.2b | 6.3x | 5.7x | 2.2x |
| Fri, 22 Apr 2022 | ج.م183.6b | ج.م81.6b | ج.م30.9b | 6.4x | 5.9x | 2.2x |
| Sun, 20 Mar 2022 | ج.م197.1b | ج.م81.4b | ج.م30.8b | 6.9x | 6.4x | 2.4x |
| Tue, 15 Feb 2022 | ج.م217.6b | ج.م86.4b | ج.م30.9b | 7.5x | 7x | 2.5x |
| Thu, 13 Jan 2022 | ج.م225.0b | ج.م86.1b | ج.م31.0b | 7.6x | 7.3x | 2.6x |
| Sat, 11 Dec 2021 | ج.م210.8b | ج.م86.0b | ج.م31.1b | 7.3x | 6.8x | 2.5x |
| Mon, 08 Nov 2021 | ج.م209.1b | ج.م84.5b | ج.م29.6b | 8.1x | 7.1x | 2.5x |
| Wed, 06 Oct 2021 | ج.م193.2b | ج.م84.1b | ج.م29.6b | 8x | 6.5x | 2.3x |
| Fri, 03 Sep 2021 | ج.م210.5b | ج.م84.0b | ج.م29.7b | 8.4x | 7.1x | 2.5x |
| Sun, 01 Aug 2021 | ج.م188.8b | ج.م84.0b | ج.م29.7b | 7.4x | 6.4x | 2.2x |
Price to Earnings Ratio
6.4x
Current Industry PE
- Investors are pessimistic on the Egyptian Financials 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 6.3x which is lower than its 3-year average PE of 7.3x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 43% per year over the last three years.
- Revenues for these companies have grown 57% 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 Egyptian Financials sector?
| EG Market | 2.81% | |
| Financials | 1.66% | |
| Diversified Financial | 7.51% | |
| Banks | 1.10% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | 0% | |
| Capital Markets | -0.59% | |
| Consumer Finance | -3.38% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry, which is trading close to its 3-year average PE ratio of 12.3x.
- Analysts are expecting annual earnings growth of 28.1%, which is lower than the prior year's growth of 58.4% per year.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 6.2x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 58% per year.
- In contrast, the Capital Markets industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| COMI Commercial International Bank (Egypt)E | ج.م75.97 | 4.4% +ج.م9.6b | 46.9% | PB2.3x | |
| EFIH e-finance for Digital and Financial InvestmentsE | ج.م25.61 | 13.8% +ج.م5.7b | 50.0% | PE36.5x | |
| HRHO EFG Holding | ج.م15.55 | 9.0% +ج.م1.9b | 5.0% | PE9.1x | |
| FWRY Fawry for Banking Technology and Electronic PaymentsE | ج.م6.31 | 8.8% +ج.م1.7b | 14.7% | PE26.8x | |
| ADIB Abu Dhabi Islamic Bank - Egypt -E | ج.م41.05 | 8.2% +ج.م1.6b | 78.5% | PB1.3x |