Moroccan (MASI) Banks Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies7
- 7D-0.6%
- 3M0.6%
- 1Y24.7%
- YTD8.9%
Over the last 7 days, the Banks industry has remained flat. As for the the longer term, the industry is up 25% over the past 12 months. Earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Moroccan Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | د.م240.3b | د.م66.7b | د.م15.2b | 17.1x | 15.8x | 3.6x |
| Tue, 16 Apr 2024 | د.م240.7b | د.م66.7b | د.م15.2b | 17.3x | 15.8x | 3.6x |
| Thu, 14 Mar 2024 | د.م236.8b | د.م67.5b | د.م15.6b | 16.2x | 15.1x | 3.5x |
| Sat, 10 Feb 2024 | د.م237.3b | د.م67.0b | د.م15.4b | 16.2x | 15.4x | 3.5x |
| Mon, 08 Jan 2024 | د.م223.9b | د.م67.0b | د.م15.4b | 15.7x | 14.5x | 3.3x |
| Wed, 06 Dec 2023 | د.م208.3b | د.م63.9b | د.م13.9b | 16.5x | 14.9x | 3.3x |
| Fri, 03 Nov 2023 | د.م211.2b | د.م61.9b | د.م13.1b | 17x | 16.1x | 3.4x |
| Sun, 01 Oct 2023 | د.م209.0b | د.م60.7b | د.م12.6b | 18.4x | 16.6x | 3.4x |
| Tue, 29 Aug 2023 | د.م205.3b | د.م59.0b | د.م11.7b | 18.8x | 17.5x | 3.5x |
| Thu, 27 Jul 2023 | د.م205.9b | د.م59.0b | د.م11.8b | 17.6x | 17.5x | 3.5x |
| Sat, 24 Jun 2023 | د.م203.0b | د.م59.0b | د.م11.7b | 18.3x | 17.3x | 3.4x |
| Mon, 22 May 2023 | د.م187.4b | د.م58.2b | د.م11.5b | 16.6x | 16.4x | 3.2x |
| Wed, 19 Apr 2023 | د.م183.6b | د.م58.2b | د.م11.5b | 15.6x | 16x | 3.2x |
| Fri, 17 Mar 2023 | د.م184.3b | د.م58.0b | د.م11.5b | 14.8x | 16x | 3.2x |
| Sun, 12 Feb 2023 | د.م181.4b | د.م57.3b | د.م11.3b | 15x | 16.1x | 3.2x |
| Tue, 10 Jan 2023 | د.م166.2b | د.م57.3b | د.م11.3b | 14.3x | 14.7x | 2.9x |
| Thu, 08 Dec 2022 | د.م186.5b | د.م56.5b | د.م11.0b | 16x | 17x | 3.3x |
| Sat, 05 Nov 2022 | د.م177.7b | د.م56.7b | د.م11.0b | 15x | 16.2x | 3.1x |
| Mon, 03 Oct 2022 | د.م190.6b | د.م56.3b | د.م11.1b | 15.8x | 17.2x | 3.4x |
| Wed, 31 Aug 2022 | د.م199.3b | د.م56.0b | د.م11.1b | 17.3x | 18x | 3.6x |
| Fri, 29 Jul 2022 | د.م196.3b | د.م56.0b | د.م11.1b | 17x | 17.8x | 3.5x |
| Sun, 26 Jun 2022 | د.م201.3b | د.م56.0b | د.م11.1b | 17.5x | 18.2x | 3.6x |
| Tue, 24 May 2022 | د.م205.8b | د.م55.2b | د.م10.6b | 18.4x | 19.3x | 3.7x |
| Thu, 21 Apr 2022 | د.م215.0b | د.م54.6b | د.م10.3b | 19.4x | 20.8x | 3.9x |
| Sat, 19 Mar 2022 | د.م219.8b | د.م54.1b | د.م10.1b | 22.2x | 21.7x | 4.1x |
| Mon, 14 Feb 2022 | د.م236.4b | د.م53.7b | د.م9.9b | 23.7x | 24x | 4.4x |
| Wed, 12 Jan 2022 | د.م226.1b | د.م53.7b | د.م9.9b | 21.7x | 22.9x | 4.2x |
| Fri, 10 Dec 2021 | د.م223.0b | د.م53.7b | د.م9.9b | 21.1x | 22.6x | 4.1x |
| Sun, 07 Nov 2021 | د.م224.7b | د.م51.2b | د.م8.8b | 25x | 25.5x | 4.4x |
| Tue, 05 Oct 2021 | د.م219.0b | د.م51.2b | د.م8.8b | 24.3x | 24.9x | 4.3x |
| Thu, 02 Sep 2021 | د.م210.3b | د.م49.1b | د.م6.8b | 31.2x | 30.9x | 4.3x |
| Sat, 31 Jul 2021 | د.م204.4b | د.م49.1b | د.م6.8b | 30.1x | 30x | 4.2x |
Price to Earnings Ratio
31.5x
Current Industry PE
- Investors are pessimistic on the Moroccan Banks 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 15.8x which is lower than its 3-year average PE of 19.5x.
- The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 11% 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 Moroccan Financials industry?
| MA Market | -0.81% | |
| Financials | -0.30% | |
| Banks | -0.57% | |
| Regional Banks | 0% | |
| Diversified Banks | -0.64% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 19.5x.
- Analysts are expecting annual earnings growth of 10.5%, which is lower than the prior year's growth of 19.3% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 19.5x.
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 19% 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 | |
|---|---|---|---|---|---|
| CFG CFG Bank | د.م164.90 | 1.8% +د.م119.4m | n/a | PB4x | |
| CIH Crédit Immobilier et Hôtelier Société Anonyme | د.م388.85 | 0.5% +د.م56.5m | 17.8% | PB1.7x |