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Moroccan (MASI) Metals and Mining Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies6
  • 7D-1.6%
  • 3M25.5%
  • 1Y8.0%
  • YTD27.7%

Over the last 7 days, the Metals and Mining industry has dropped 1.6%, driven by a pullback from Managem of 3.9%. Meanwhile, Societe Metallurgique d'Imiter société anonyme actually outperformed within the industry, gaining 12% in the last week. Over the past 12 months, the industry was up 8.0%. As for the next few years, earnings are expected to grow by 43% per annum.

Industry Valuation and Performance

Has the Moroccan Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024د.م36.6bد.م13.7bد.م740.9m33.3x49.5x2.7x
Tue, 16 Apr 2024د.م28.7bد.م14.0bد.م1.0b28.1x27.9x2.1x
Thu, 14 Mar 2024د.م25.0bد.م14.0bد.م1.0b24.7x24.7x1.8x
Sat, 10 Feb 2024د.م25.6bد.م14.0bد.م1.0b25.6x25.3x1.8x
Mon, 08 Jan 2024د.م26.2bد.م14.0bد.م1.0b27.2x25.9x1.9x
Wed, 06 Dec 2023د.م22.8bد.م15.0bد.م1.1b38.5x21.7x1.5x
Fri, 03 Nov 2023د.م24.5bد.م15.0bد.م1.1b38.7x23.3x1.6x
Sun, 01 Oct 2023د.م24.0bد.م15.8bد.م1.9b30.4x12.4x1.5x
Tue, 29 Aug 2023د.م26.2bد.م16.0bد.م1.9b22.4x13.7x1.6x
Thu, 27 Jul 2023د.م27.1bد.م16.0bد.م1.9b22.6x14.2x1.7x
Sat, 24 Jun 2023د.م26.5bد.م16.0bد.م1.9b22.1x13.9x1.7x
Mon, 22 May 2023د.م29.7bد.م16.0bد.م1.9b21.2x15.5x1.9x
Wed, 19 Apr 2023د.م32.9bد.م16.3bد.م2.2b18.2x14.8x2x
Fri, 17 Mar 2023د.م34.4bد.م16.3bد.م2.2b17.7x15.5x2.1x
Sun, 12 Feb 2023د.م33.4bد.م16.3bد.م2.2b18.5x15.1x2.1x
Tue, 10 Jan 2023د.م29.9bد.م16.3bد.م2.2b15.1x13.5x1.8x
Thu, 08 Dec 2022د.م31.1bد.م16.3bد.م2.2b18.9x14x1.9x
Sat, 05 Nov 2022د.م30.2bد.م16.3bد.م2.2b18.3x13.6x1.9x
Mon, 03 Oct 2022د.م31.8bد.م13.4bد.م1.1b40.3x29.8x2.4x
Wed, 31 Aug 2022د.م28.8bد.م13.2bد.م960.1m27.1x30x2.2x
Fri, 29 Jul 2022د.م26.8bد.م13.2bد.م960.1m26.4x28x2x
Sun, 26 Jun 2022د.م29.9bد.م13.7bد.م938.7m25.9x31.8x2.2x
Tue, 24 May 2022د.م32.4bد.م13.7bد.م938.7m30.6x34.5x2.4x
Thu, 21 Apr 2022د.م29.7bد.م11.1bد.م369.1m57.8x80.5x2.7x
Sat, 19 Mar 2022د.م27.3bد.م11.1bد.م369.1m53.3x73.9x2.5x
Mon, 14 Feb 2022د.م26.7bد.م11.1bد.م369.1m53x72.3x2.4x
Wed, 12 Jan 2022د.م24.2bد.م11.1bد.م369.1m51.8x65.5x2.2x
Fri, 10 Dec 2021د.م24.1bد.م11.1bد.م369.1m49.9x65.3x2.2x
Sun, 07 Nov 2021د.م23.4bد.م11.1bد.م369.1m49.8x63.4x2.1x
Tue, 05 Oct 2021د.م23.1bد.م9.6bد.م179.8m65.8x128.3x2.4x
Thu, 02 Sep 2021د.م23.5bد.م9.8bد.م317.3m62.8x74x2.4x
Sat, 31 Jul 2021د.م23.0bد.م9.8bد.م317.3m64x72.5x2.4x
Price to Earnings Ratio

72x


Total Market Cap: د.م22.9bTotal Earnings: د.م317.3mTotal Revenue: د.م9.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Moroccan Metals and Mining Industry Price to Earnings3Y Average 37.3x202220232024
Current Industry PE
  • Investors are optimistic on the Moroccan Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 49.5x which is higher than its 3-year average PE of 37.3x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Materials industry?

MA Market-0.81%
Materials-0.70%
Metals and Mining-1.63%
Steel3.95%
Copper0%
Aluminum0%
Gold0%
Precious Metals and Minerals0%
Silver0%
Diversified Metals and Mining-2.16%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 22.1x.
    • Analysts are expecting annual earnings growth of 19.9%, which is higher than its past year's earnings decline of 24.3% per year.
  • Investors are most pessimistic about the Diversified Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 36.4x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings decline of 67% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 20% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SMI Societe Metallurgique d'Imiter société anonymeد.م2.14k12.5%
+د.م389.9m		66.4%n/a
SID SONASIDد.م865.004.0%
+د.م128.3m		49.1%PE51.8x
REB Societe Rebabد.م69.956.0%
+د.م697.0k		-31.1%n/a
ZDJ Zellidjaد.م71.101.3%
+د.م515.6k		-17.3%PE14.4x
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Latest News

CMT

د.م1,390.00

Compagnie Minière de Touissit

7D

-0.4%

1Y

-16.0%

MNG

د.م2,306.00

Managem

7D

-3.9%

1Y

2.5%

SMI

د.م2,138.00

Societe Metallurgique d'Imiter société anonyme

7D

12.5%

1Y

66.4%

SID

د.م865.00

SONASID

7D

4.0%

1Y

49.1%