Jordanian (Amman SE) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies165
- 7D-0.5%
- 3M-2.6%
- 1Y-6.4%
- YTD-6.8%
The market has been flat over the last week. Unfortunately though, the market is down 6.4% over the past year. Looking forward, earnings are forecast to decline by 11% per year.
Market Valuation and Performance
Has the Jordanian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | د.أ16.8b | د.أ12.3b | د.أ2.3b | 13.3x | 7.3x | 1.4x |
| Thu, 28 Sep 2023 | د.أ16.9b | د.أ12.3b | د.أ2.3b | 12.7x | 7.3x | 1.4x |
| Sat, 26 Aug 2023 | د.أ16.8b | د.أ12.3b | د.أ2.3b | 12.1x | 7.3x | 1.4x |
| Mon, 24 Jul 2023 | د.أ17.5b | د.أ12.5b | د.أ2.4b | 12.2x | 7.2x | 1.4x |
| Wed, 21 Jun 2023 | د.أ17.4b | د.أ12.5b | د.أ2.4b | 12.4x | 7.1x | 1.4x |
| Fri, 19 May 2023 | د.أ17.8b | د.أ12.5b | د.أ2.4b | 12x | 7.3x | 1.4x |
| Sun, 16 Apr 2023 | د.أ17.6b | د.أ11.3b | د.أ2.5b | 12.6x | 7.1x | 1.6x |
| Tue, 14 Mar 2023 | د.أ19.6b | د.أ12.3b | د.أ2.5b | 13x | 7.8x | 1.6x |
| Thu, 09 Feb 2023 | د.أ19.9b | د.أ11.9b | د.أ2.4b | 12.7x | 8.3x | 1.7x |
| Sat, 07 Jan 2023 | د.أ18.7b | د.أ11.7b | د.أ2.4b | 12.4x | 7.9x | 1.6x |
| Mon, 05 Dec 2022 | د.أ18.1b | د.أ11.6b | د.أ2.4b | 11.7x | 7.6x | 1.6x |
| Wed, 02 Nov 2022 | د.أ17.9b | د.أ11.0b | د.أ2.0b | 13.5x | 8.8x | 1.6x |
| Fri, 30 Sep 2022 | د.أ18.2b | د.أ10.5b | د.أ1.8b | 14.2x | 10.1x | 1.7x |
| Sun, 28 Aug 2022 | د.أ18.8b | د.أ10.4b | د.أ1.8b | 13.7x | 10.5x | 1.8x |
| Tue, 26 Jul 2022 | د.أ19.1b | د.أ10.0b | د.أ1.6b | 13.7x | 11.8x | 1.9x |
| Thu, 23 Jun 2022 | د.أ17.9b | د.أ9.8b | د.أ1.6b | 13.6x | 11.2x | 1.8x |
| Sat, 21 May 2022 | د.أ18.2b | د.أ9.7b | د.أ1.6b | 13.6x | 11.4x | 1.9x |
| Mon, 18 Apr 2022 | د.أ18.1b | د.أ9.3b | د.أ1.3b | 14.9x | 13.5x | 1.9x |
| Wed, 16 Mar 2022 | د.أ16.1b | د.أ9.0b | د.أ1.3b | 13.4x | 12.5x | 1.8x |
| Fri, 11 Feb 2022 | د.أ15.4b | د.أ8.8b | د.أ1.2b | 13.7x | 13.3x | 1.8x |
| Sun, 09 Jan 2022 | د.أ15.7b | د.أ8.6b | د.أ1.1b | 13.6x | 14.6x | 1.8x |
| Tue, 07 Dec 2021 | د.أ14.9b | د.أ8.6b | د.أ1.1b | 13.4x | 14x | 1.7x |
| Thu, 04 Nov 2021 | د.أ15.4b | د.أ8.2b | د.أ919.7m | 14.5x | 16.8x | 1.9x |
| Sat, 02 Oct 2021 | د.أ15.2b | د.أ8.1b | د.أ908.9m | 13.5x | 16.8x | 1.9x |
| Mon, 30 Aug 2021 | د.أ15.4b | د.أ8.2b | د.أ876.7m | 13.6x | 17.6x | 1.9x |
| Tue, 06 Jul 2021 | د.أ15.8b | د.أ8.2b | د.أ876.7m | 14.2x | 18.1x | 1.9x |
| Fri, 09 Apr 2021 | د.أ12.8b | د.أ7.6b | د.أ634.2m | 14.1x | 20.1x | 1.7x |
| Thu, 31 Dec 2020 | د.أ12.0b | د.أ7.7b | د.أ503.4m | 15.6x | 23.8x | 1.6x |
Price to Earnings Ratio
17.6x
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 7.3x which is lower than its 3-year average PE of 13.3x.
Past Earnings Growth
- The earnings for Jordanian listed companies have grown 53% per year over the last three years.
- Revenues for these companies have grown 15% 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 Market | -0.49% | |
| Telecom | 2.11% | |
| Energy | 1.67% | |
| Utilities | 1.37% | |
| Industrials | 0.73% | |
| Real Estate | 0.083% | |
| Consumer Staples | -0.011% | |
| Healthcare | -0.32% | |
| Consumer Discretionary | -0.50% | |
| Financials | -0.63% | |
| Materials | -0.90% | |
| Tech | -1.23% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 28.8x.
- 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 Financials sector, expecting annual earnings growth of 5.2% over the next 5 years.
- However this is lower than its past earnings growth rate of 15% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 34% 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 | |
|---|---|---|---|---|---|---|
| ARBK Arab Bank Group | د.أ4.42 | 1.6% +د.أ44.9m | -3.9% | PB0.4x | Financials | |
| JOPH Jordan Phosphate Mines | د.أ11.02 | 1.7% +د.أ44.6m | -3.8% | PE4.9x | Materials | |
| JDFS Jordanian Duty Free Shops | د.أ8.46 | 3.4% +د.أ6.3m | -5.8% | PE21.3x | Consumer Discretionary | |
| JOPT Jordan Petroleum Refinery | د.أ4.86 | 1.3% +د.أ6.0m | -8.1% | PE8.2x | Energy | |
| APOT Arab Potash | د.أ26.97 | 0.3% +د.أ5.8m | -29.8% | PE4.6x | Materials |
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