Omani (MSM) Market Analysis & Valuation
UpdatedJun 19, 2024
DataAggregated Company Financials
Companies98
- 7D-0.4%
- 3M-1.4%
- 1Y0.9%
- YTD1.8%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Similarly, the market is flat for the past 12 months. Earnings are forecast to grow by 8.0% 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 |
|---|---|---|---|---|---|---|
| Wed, 19 Jun 2024 | ر.ع9.0b | ر.ع9.9b | ر.ع676.8m | 12.2x | 13.4x | 0.9x |
| Fri, 17 May 2024 | ر.ع9.2b | ر.ع9.9b | ر.ع685.2m | 11.6x | 13.4x | 0.9x |
| Sun, 14 Apr 2024 | ر.ع9.1b | ر.ع9.8b | ر.ع661.9m | 11.6x | 13.8x | 0.9x |
| Tue, 12 Mar 2024 | ر.ع9.1b | ر.ع9.7b | ر.ع739.2m | 11.5x | 12.3x | 0.9x |
| Thu, 08 Feb 2024 | ر.ع8.8b | ر.ع9.5b | ر.ع751.0m | 11.4x | 11.8x | 0.9x |
| Sat, 06 Jan 2024 | ر.ع9.3b | ر.ع9.6b | ر.ع793.8m | 11.7x | 11.7x | 1x |
| Mon, 04 Dec 2023 | ر.ع9.4b | ر.ع9.6b | ر.ع789.0m | 12.2x | 11.9x | 1x |
| Wed, 01 Nov 2023 | ر.ع9.0b | ر.ع9.5b | ر.ع769.5m | 12x | 11.7x | 0.9x |
| Fri, 29 Sep 2023 | ر.ع8.6b | ر.ع9.5b | ر.ع625.2m | 11.8x | 13.8x | 0.9x |
| Sun, 27 Aug 2023 | ر.ع8.8b | ر.ع9.4b | ر.ع625.2m | 12.6x | 14.1x | 0.9x |
| Tue, 25 Jul 2023 | ر.ع8.8b | ر.ع9.3b | ر.ع596.4m | 13.5x | 14.8x | 0.9x |
| Thu, 22 Jun 2023 | ر.ع8.7b | ر.ع9.3b | ر.ع578.1m | 12.6x | 15x | 0.9x |
| Sat, 20 May 2023 | ر.ع8.6b | ر.ع9.2b | ر.ع573.6m | 13x | 14.9x | 0.9x |
| Mon, 17 Apr 2023 | ر.ع8.6b | ر.ع9.0b | ر.ع598.5m | 11.9x | 14.3x | 1x |
| Wed, 15 Mar 2023 | ر.ع8.8b | ر.ع8.9b | ر.ع576.3m | 12.4x | 15.2x | 1x |
| Fri, 10 Feb 2023 | ر.ع8.3b | ر.ع8.7b | ر.ع553.6m | 11.1x | 15x | 1x |
| Sun, 08 Jan 2023 | ر.ع8.4b | ر.ع8.6b | ر.ع486.5m | 11x | 17.3x | 1x |
| Tue, 06 Dec 2022 | ر.ع8.2b | ر.ع8.5b | ر.ع477.7m | 11.4x | 17.1x | 1x |
| Thu, 03 Nov 2022 | ر.ع7.9b | ر.ع8.2b | ر.ع532.4m | 11.5x | 14.8x | 1x |
| Sat, 01 Oct 2022 | ر.ع8.0b | ر.ع8.1b | ر.ع527.7m | 12.2x | 15.2x | 1x |
| Mon, 29 Aug 2022 | ر.ع8.0b | ر.ع8.1b | ر.ع530.8m | 12.1x | 15.1x | 1x |
| Wed, 27 Jul 2022 | ر.ع7.6b | ر.ع7.9b | ر.ع521.8m | 13x | 14.6x | 1x |
| Fri, 24 Jun 2022 | ر.ع7.3b | ر.ع7.9b | ر.ع523.2m | 12.3x | 13.9x | 0.9x |
| Sun, 22 May 2022 | ر.ع7.3b | ر.ع7.9b | ر.ع523.4m | 12.1x | 14x | 0.9x |
| Tue, 19 Apr 2022 | ر.ع7.5b | ر.ع7.7b | ر.ع519.1m | 12.1x | 14.4x | 1x |
| Thu, 17 Mar 2022 | ر.ع7.4b | ر.ع7.8b | ر.ع554.2m | 11.7x | 13.4x | 1x |
| Sat, 12 Feb 2022 | ر.ع7.1b | ر.ع7.7b | ر.ع562.5m | 11.2x | 12.7x | 0.9x |
| Mon, 10 Jan 2022 | ر.ع7.2b | ر.ع7.6b | ر.ع532.8m | 10.8x | 13.6x | 0.9x |
| Wed, 08 Dec 2021 | ر.ع6.9b | ر.ع7.6b | ر.ع532.8m | 10.8x | 13x | 0.9x |
| Fri, 05 Nov 2021 | ر.ع7.1b | ر.ع7.6b | ر.ع545.5m | 10.4x | 12.9x | 0.9x |
| Sun, 03 Oct 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع535.2m | 11.3x | 13x | 0.9x |
| Tue, 31 Aug 2021 | ر.ع7.0b | ر.ع7.5b | ر.ع537.3m | 11.7x | 13x | 0.9x |
| Wed, 07 Jul 2021 | ر.ع6.9b | ر.ع7.5b | ر.ع537.3m | 11.2x | 12.9x | 0.9x |
Price to Earnings Ratio
12.9x
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 8.0% 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 | -0.36% | |
| Energy | 1.15% | |
| Materials | 0.19% | |
| Utilities | 0.099% | |
| Consumer Discretionary | 0.086% | |
| Real Estate | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Consumer Staples | -0.21% | |
| Financials | -0.42% | |
| Industrials | -0.56% | |
| Telecom | -1.99% | |
Sector PE
- Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 45.8x.
- 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 5.8x.
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 5.5% 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 | |
|---|---|---|---|---|---|---|
| ABRJ Abraj Energy Services SAOG | ر.ع0.30 | 2.7% +ر.ع6.2m | -3.2% | PE11.6x | Energy | |
| OQGN OQ Gas Networks SAOC | ر.ع0.14 | 0.7% +ر.ع4.3m | n/a | PE10.7x | Energy | |
| NBOB National Bank of Oman SAOG | ر.ع0.26 | 0.8% +ر.ع3.3m | -6.5% | PB0.6x | Financials | |
| OCOI Oman Cement Company SAOG | ر.ع0.38 | 1.3% +ر.ع1.7m | 5.6% | PE18x | Materials | |
| NGCI National Gas Company SAOG | ر.ع0.12 | 19.8% +ر.ع1.6m | 19.8% | PS0.1x | Energy |
