Omani (MSM) Market Analysis & Valuation
UpdatedJul 09, 2024
DataAggregated Company Financials
Companies98
- 7D-0.6%
- 3M-1.1%
- 1Y-1.9%
- YTD1.3%
In the last week, the market has been flat, with a notable exception in the Real Estate sector dropping 5.8%. Similarly, the market is flat for the past 12 months. Looking forward, earnings are forecast to grow by 8.1% 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, 09 Jul 2024 | ر.ع9.1b | ر.ع9.9b | ر.ع679.0m | 11.7x | 13.4x | 0.9x |
| Thu, 06 Jun 2024 | ر.ع9.2b | ر.ع9.9b | ر.ع673.0m | 12.5x | 13.7x | 0.9x |
| Sat, 04 May 2024 | ر.ع9.2b | ر.ع9.8b | ر.ع680.2m | 11.6x | 13.5x | 0.9x |
| Mon, 01 Apr 2024 | ر.ع8.9b | ر.ع9.7b | ر.ع648.3m | 11.2x | 13.8x | 0.9x |
| Wed, 28 Feb 2024 | ر.ع8.8b | ر.ع9.6b | ر.ع741.1m | 11.3x | 11.9x | 0.9x |
| Fri, 26 Jan 2024 | ر.ع9.3b | ر.ع9.7b | ر.ع787.2m | 11.4x | 11.8x | 1x |
| Sun, 24 Dec 2023 | ر.ع9.2b | ر.ع9.6b | ر.ع792.8m | 11.7x | 11.6x | 1x |
| Tue, 21 Nov 2023 | ر.ع9.2b | ر.ع9.7b | ر.ع786.8m | 12x | 11.7x | 1x |
| Thu, 19 Oct 2023 | ر.ع8.7b | ر.ع9.5b | ر.ع630.6m | 11.7x | 13.8x | 0.9x |
| Sat, 16 Sep 2023 | ر.ع8.7b | ر.ع9.4b | ر.ع625.2m | 12.3x | 14x | 0.9x |
| Mon, 14 Aug 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع587.4m | 13.6x | 15x | 0.9x |
| Wed, 12 Jul 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع595.7m | 13.7x | 14.7x | 0.9x |
| Fri, 09 Jun 2023 | ر.ع8.5b | ر.ع9.3b | ر.ع580.1m | 12.6x | 14.7x | 0.9x |
| Sun, 07 May 2023 | ر.ع8.6b | ر.ع9.1b | ر.ع620.0m | 12.8x | 13.9x | 1x |
| Tue, 04 Apr 2023 | ر.ع8.6b | ر.ع9.0b | ر.ع594.5m | 12x | 14.4x | 1x |
| Thu, 02 Mar 2023 | ر.ع8.4b | ر.ع8.7b | ر.ع555.8m | 11.7x | 15.1x | 1x |
| Sat, 28 Jan 2023 | ر.ع8.2b | ر.ع8.7b | ر.ع577.8m | 10.7x | 14.2x | 0.9x |
| Mon, 26 Dec 2022 | ر.ع8.4b | ر.ع8.6b | ر.ع486.0m | 11x | 17.2x | 1x |
| Wed, 23 Nov 2022 | ر.ع7.9b | ر.ع8.5b | ر.ع552.1m | 11.1x | 14.3x | 0.9x |
| Fri, 21 Oct 2022 | ر.ع7.9b | ر.ع8.2b | ر.ع528.2m | 12.2x | 15x | 1x |
| Sun, 18 Sep 2022 | ر.ع8.0b | ر.ع8.1b | ر.ع531.9m | 12x | 15x | 1x |
| Tue, 16 Aug 2022 | ر.ع8.1b | ر.ع8.1b | ر.ع538.3m | 12.4x | 15.1x | 1x |
| Thu, 14 Jul 2022 | ر.ع7.3b | ر.ع7.9b | ر.ع523.3m | 12.3x | 13.9x | 0.9x |
| Sat, 11 Jun 2022 | ر.ع7.3b | ر.ع7.9b | ر.ع522.1m | 12.2x | 14x | 0.9x |
| Mon, 09 May 2022 | ر.ع7.3b | ر.ع7.8b | ر.ع524.6m | 11.7x | 14x | 0.9x |
| Wed, 06 Apr 2022 | ر.ع7.3b | ر.ع7.7b | ر.ع517.7m | 12x | 14x | 0.9x |
| Fri, 04 Mar 2022 | ر.ع7.2b | ر.ع7.8b | ر.ع550.9m | 11.4x | 13.1x | 0.9x |
| Sun, 30 Jan 2022 | ر.ع7.2b | ر.ع7.7b | ر.ع535.1m | 10.7x | 13.5x | 0.9x |
| Tue, 28 Dec 2021 | ر.ع7.1b | ر.ع7.6b | ر.ع532.9m | 10.5x | 13.3x | 0.9x |
| Thu, 25 Nov 2021 | ر.ع7.1b | ر.ع7.6b | ر.ع533.0m | 10.9x | 13.3x | 0.9x |
| Sat, 23 Oct 2021 | ر.ع7.0b | ر.ع7.5b | ر.ع541.7m | 11.1x | 13x | 0.9x |
| Mon, 20 Sep 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع535.2m | 11.3x | 12.9x | 0.9x |
| Wed, 18 Aug 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع537.3m | 11.7x | 12.9x | 0.9x |
Price to Earnings Ratio
12.8x
Current Market PE
- Investors are relatively neutral on the Omani market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 13.8x.
Past Earnings Growth
- The earnings for Omani listed companies have grown 8.1% per year over the last three years.
- Revenues for these companies have grown 9.5% 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 | -0.63% | |
| Consumer Discretionary | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | -0.046% | |
| Financials | -0.36% | |
| Industrials | -0.65% | |
| Telecom | -0.68% | |
| Materials | -0.97% | |
| Energy | -1.18% | |
| Consumer Staples | -3.20% | |
| Real Estate | -4.42% | |
Sector PE
- Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 46.7x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Utilities sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 5.9x.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings growth rate of 6.9% per year.
- In contrast, the Energy sector is expected to see its earnings grow by 5.7% 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 | |
|---|---|---|---|---|---|---|
| BKSB Sohar International Bank SAOG | ر.ع0.14 | 0.7% +ر.ع5.6m | 30.5% | PB1.1x | Financials | |
| OQIC Oman Qatar Insurance Company SAOG | ر.ع0.19 | 10.0% +ر.ع2.7m | 5.6% | PE6.6x | Financials | |
| ABRJ Abraj Energy Services SAOG | ر.ع0.30 | 1.0% +ر.ع2.3m | -3.8% | PE11.6x | Energy | |
| NBOB National Bank of Oman SAOG | ر.ع0.26 | 0.4% +ر.ع1.6m | -10.5% | PB0.6x | Financials | |
| SSPW Sembcorp Salalah Power & Water Company SAOG | ر.ع0.10 | 1.0% +ر.ع954.6k | 11.8% | PE4.7x | Utilities |
