Header cover image

Jordanian (Amman SE) Market Analysis & Valuation

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies151
  • 7D0.4%
  • 3M-2.9%
  • 1Y-3.6%
  • YTD-1.6%

In the last week, the market has been flat. Unfortunately though, the market is down 3.6% over the past year. Looking forward, earnings are forecast to grow by 5.5% annually.

Market Valuation and Performance

Has the Jordanian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024د.أ16.5bد.أ12.2bد.أ2.1b13x7.9x1.4x
Fri, 17 May 2024د.أ16.3bد.أ12.1bد.أ2.1b12.8x7.8x1.3x
Sun, 14 Apr 2024د.أ16.7bد.أ12.1bد.أ2.1b13x7.9x1.4x
Tue, 12 Mar 2024د.أ17.0bد.أ12.4bد.أ2.2b13.5x7.9x1.4x
Thu, 08 Feb 2024د.أ16.9bد.أ12.2bد.أ2.1b13.9x7.9x1.4x
Sat, 06 Jan 2024د.أ17.2bد.أ12.2bد.أ2.1b13.4x8x1.4x
Mon, 04 Dec 2023د.أ16.8bد.أ12.2bد.أ2.1b13.3x7.8x1.4x
Wed, 01 Nov 2023د.أ16.9bد.أ12.4bد.أ2.4b13x7.2x1.4x
Fri, 29 Sep 2023د.أ16.9bد.أ12.3bد.أ2.3b12.7x7.3x1.4x
Sun, 27 Aug 2023د.أ16.8bد.أ12.3bد.أ2.3b12.1x7.3x1.4x
Tue, 25 Jul 2023د.أ17.4bد.أ12.5bد.أ2.4b12.2x7.1x1.4x
Thu, 22 Jun 2023د.أ17.4bد.أ12.5bد.أ2.4b12.3x7.1x1.4x
Sat, 20 May 2023د.أ17.8bد.أ12.5bد.أ2.4b12x7.3x1.4x
Mon, 17 Apr 2023د.أ17.5bد.أ12.3bد.أ2.5b12.7x7.1x1.4x
Wed, 15 Mar 2023د.أ19.7bد.أ12.3bد.أ2.5b12.9x7.8x1.6x
Fri, 10 Feb 2023د.أ20.3bد.أ11.9bد.أ2.4b12.3x8.4x1.7x
Sun, 08 Jan 2023د.أ18.7bد.أ11.7bد.أ2.4b12.4x7.9x1.6x
Tue, 06 Dec 2022د.أ18.1bد.أ11.6bد.أ2.4b11.7x7.7x1.6x
Thu, 03 Nov 2022د.أ17.8bد.أ11.0bد.أ2.0b14.1x8.7x1.6x
Sat, 01 Oct 2022د.أ18.2bد.أ10.5bد.أ1.8b14.2x10.1x1.7x
Mon, 29 Aug 2022د.أ18.8bد.أ10.4bد.أ1.8b13.7x10.5x1.8x
Wed, 27 Jul 2022د.أ18.9bد.أ10.0bد.أ1.6b13.7x11.7x1.9x
Fri, 24 Jun 2022د.أ17.9bد.أ9.8bد.أ1.6b13.5x11.2x1.8x
Sun, 22 May 2022د.أ18.2bد.أ9.7bد.أ1.6b13.6x11.4x1.9x
Tue, 19 Apr 2022د.أ17.9bد.أ9.3bد.أ1.3b15.1x13.4x1.9x
Thu, 17 Mar 2022د.أ16.2bد.أ9.1bد.أ1.3b13.5x12.1x1.8x
Sat, 12 Feb 2022د.أ15.4bد.أ8.8bد.أ1.2b13.7x13.3x1.8x
Mon, 10 Jan 2022د.أ15.7bد.أ8.6bد.أ1.1b12.7x14.6x1.8x
Wed, 08 Dec 2021د.أ14.9bد.أ8.6bد.أ1.1b13.4x14x1.7x
Fri, 05 Nov 2021د.أ15.4bد.أ8.3bد.أ938.3m14.5x16.4x1.9x
Sun, 03 Oct 2021د.أ15.2bد.أ8.1bد.أ909.0m13.5x16.8x1.9x
Tue, 31 Aug 2021د.أ15.5bد.أ8.2bد.أ876.7m13.6x17.6x1.9x
Wed, 07 Jul 2021د.أ15.8bد.أ8.2bد.أ876.7m14.2x18.1x1.9x
Price to Earnings Ratio

18.1x


Total Market Cap: د.أ15.8bTotal Earnings: د.أ876.7mTotal Revenue: د.أ8.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Jordanian Market Price to Earnings3Y Average 10.3x202220232024
Current Market PE
  • Investors are pessimistic on the Jordanian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 7.9x which is lower than its 3-year average PE of 10.3x.
Past Earnings Growth
  • The earnings for Jordanian listed companies have grown 33% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Jordanian Market?

JO Market0.36%
Consumer Staples2.46%
Utilities1.73%
Telecom1.39%
Financials0.42%
Real Estate0.23%
Materials0.16%
Industrials0.15%
Energy-0.21%
Consumer Discretionary-0.26%
Healthcare-0.26%
Tech-0.80%
Sector PE
  • Investors favour the Consumer Staples 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 Energy sector, expecting annual earnings growth of 8.5% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 5.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
ARBK Arab Bank Groupد.أ4.340.5%
+د.أ12.8m
3.1%PB0.4xFinancials
JOPH Jordan Phosphate Minesد.أ11.210.4%
+د.أ9.9m
-4.8%PE6.4xMaterials
JOIB Jordan Islamic Bankد.أ4.021.0%
+د.أ8.0m
1.8%PB1.5xFinancials
JTEL Jordan Telecommunicationsد.أ2.911.4%
+د.أ7.5m
18.8%PE11.2xTelecom
SNRA Siniora Food Industriesد.أ5.075.0%
+د.أ6.7m
7.9%PE46xConsumer Staples
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Last week, we looked at some of the reasons the healthcare sector has underperformed over the last few years...

Latest News

JOIN

د.أ1.17

Jordan Insurance

7D

-4.9%

1Y

0%

JOEP

د.أ2.30

Jordan Electric Power

7D

2.7%

1Y

17.9%

ZARA

د.أ0.44

Zara Investment Holding

7D

-8.3%

1Y

-33.5%

ARBK

د.أ4.34

Arab Bank Group

7D

0.5%

1Y

3.1%

JTEL

د.أ2.91

Jordan Telecommunications

7D

1.4%

1Y

18.8%

UBSI

د.أ1.77

Bank al Etihad

7D

1.7%

1Y

4.7%

JOPT

د.أ4.85

Jordan Petroleum Refinery

7D

-0.2%

1Y

-11.7%

APOT

د.أ25.69

Arab Potash

7D

-0.04%

1Y

-22.9%

MBED

د.أ2.31

Arab Pesticides & Veterinary Drugs Mfg

7D

-2.9%

1Y

2.7%

INVB

د.أ1.48

Invest Bank

7D

-0.7%

1Y

-1.3%

CAPL

د.أ1.98

Capital Bank of Jordan

7D

1.0%

1Y

-4.3%

THBK

د.أ3.44

Housing Bank for Trade and Finance

7D

-0.9%

1Y

2.7%

JOPH

د.أ11.21

Jordan Phosphate Mines

7D

0.4%

1Y

-4.8%

JOIB

د.أ4.02

Jordan Islamic Bank

7D

1.0%

1Y

1.8%