Omani (MSM) Market Analysis & Valuation
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies105
- 7D-1.4%
- 3M-5.4%
- 1Y2.5%
- YTD-4.3%
Over the last 7 days, the market has dropped 1.3%, driven by a pullback of 1.5% in the Financials sector. Overall the market has been flat in the last year. Earnings are forecast to grow by 7.6% annually.
Market Valuation and Performance
Has the Omani Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | ر.ع9.0b | ر.ع9.5b | ر.ع761.2m | 12.1x | 11.8x | 0.9x |
| Thu, 28 Sep 2023 | ر.ع8.6b | ر.ع9.5b | ر.ع625.2m | 11.8x | 13.8x | 0.9x |
| Sat, 26 Aug 2023 | ر.ع8.8b | ر.ع9.4b | ر.ع627.9m | 12.6x | 14x | 0.9x |
| Mon, 24 Jul 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع596.4m | 13.6x | 14.8x | 0.9x |
| Wed, 21 Jun 2023 | ر.ع8.6b | ر.ع9.3b | ر.ع578.1m | 12.6x | 14.9x | 0.9x |
| Fri, 19 May 2023 | ر.ع8.6b | ر.ع9.2b | ر.ع573.6m | 13x | 14.9x | 0.9x |
| Sun, 16 Apr 2023 | ر.ع8.6b | ر.ع9.0b | ر.ع598.5m | 12x | 14.4x | 1x |
| Tue, 14 Mar 2023 | ر.ع8.5b | ر.ع8.7b | ر.ع557.9m | 12.4x | 15.2x | 1x |
| Thu, 09 Feb 2023 | ر.ع8.3b | ر.ع8.7b | ر.ع553.7m | 11.2x | 15x | 1x |
| Sat, 07 Jan 2023 | ر.ع8.4b | ر.ع8.6b | ر.ع486.5m | 11x | 17.3x | 1x |
| Mon, 05 Dec 2022 | ر.ع8.1b | ر.ع8.5b | ر.ع477.7m | 11x | 16.9x | 0.9x |
| Wed, 02 Nov 2022 | ر.ع7.9b | ر.ع8.2b | ر.ع527.7m | 11.6x | 14.9x | 1x |
| Fri, 30 Sep 2022 | ر.ع8.0b | ر.ع8.1b | ر.ع527.7m | 12.2x | 15.2x | 1x |
| Sun, 28 Aug 2022 | ر.ع8.0b | ر.ع8.1b | ر.ع530.8m | 11.9x | 15x | 1x |
| Tue, 26 Jul 2022 | ر.ع7.5b | ر.ع7.9b | ر.ع521.8m | 12.6x | 14.4x | 1x |
| Thu, 23 Jun 2022 | ر.ع7.3b | ر.ع7.9b | ر.ع523.2m | 12.2x | 13.9x | 0.9x |
| Sat, 21 May 2022 | ر.ع7.3b | ر.ع7.9b | ر.ع523.6m | 12.1x | 14x | 0.9x |
| Mon, 18 Apr 2022 | ر.ع7.5b | ر.ع7.7b | ر.ع517.7m | 12.1x | 14.5x | 1x |
| Wed, 16 Mar 2022 | ر.ع7.5b | ر.ع7.8b | ر.ع553.1m | 12.1x | 13.5x | 1x |
| Fri, 11 Feb 2022 | ر.ع7.1b | ر.ع7.7b | ر.ع562.5m | 11.2x | 12.7x | 0.9x |
| Sun, 09 Jan 2022 | ر.ع7.2b | ر.ع7.6b | ر.ع532.7m | 10.8x | 13.5x | 0.9x |
| Tue, 07 Dec 2021 | ر.ع6.9b | ر.ع7.6b | ر.ع532.8m | 10.8x | 13x | 0.9x |
| Thu, 04 Nov 2021 | ر.ع7.1b | ر.ع7.6b | ر.ع559.6m | 10.4x | 12.6x | 0.9x |
| Sat, 02 Oct 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع535.1m | 11.3x | 12.9x | 0.9x |
| Mon, 30 Aug 2021 | ر.ع7.0b | ر.ع7.5b | ر.ع537.3m | 11.7x | 13x | 0.9x |
| Tue, 06 Jul 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع537.3m | 11.2x | 12.9x | 0.9x |
| Fri, 09 Apr 2021 | ر.ع6.3b | ر.ع7.3b | ر.ع539.5m | 11.3x | 11.7x | 0.9x |
| Thu, 31 Dec 2020 | ر.ع6.2b | ر.ع7.4b | ر.ع502.8m | 11.6x | 12.4x | 0.8x |
Price to Earnings Ratio
11.6x
Current Market PE
- Investors are pessimistic on the Omani market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 11.8x which is lower than its 3-year average PE of 13.7x.
Past Earnings Growth
- The earnings for Omani listed companies have grown 14% per year over the last three years.
- Revenues for these companies have grown 7.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Omani Market?
| OM Market | -1.44% | |
| Energy | 1.05% | |
| Real Estate | 0% | |
| Consumer Discretionary | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Consumer Staples | -0.22% | |
| Utilities | -0.53% | |
| Industrials | -0.75% | |
| Materials | -1.22% | |
| Financials | -1.68% | |
| Telecom | -2.50% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth which is trading above its 3-year average PE ratio.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings growth rate of 6.6% per year.
- In contrast, the Telecom sector is expected to see its earnings decline by 2.1% 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 | Sector | |
|---|---|---|---|---|---|---|
| MHAS Al Maha Petroleum Products Marketing Company SAOG | ر.ع1.05 | 5.0% +ر.ع3.5m | 25.0% | PE10.9x | Energy | |
| OFCI Oman Fisheries Company SAOG | ر.ع0.061 | 29.8% +ر.ع2.5m | -31.5% | PS1.3x | Consumer Staples | |
| SPFI A'Saffa Foods SAOG | ر.ع0.30 | 6.7% +ر.ع2.3m | 9.0% | PE16.8x | Consumer Staples | |
| GECS Galfar Engineering & Contracting SAOG | ر.ع0.16 | 2.6% +ر.ع1.2m | 3.3% | PE31.5x | Industrials | |
| TFCI Taageer Finance Company SAOG | ر.ع0.10 | 3.1% +ر.ع791.5k | 10.9% | PE7.3x | Financials |
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