Emirati (ADX) Financials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies55
- 7D-0.8%
- 3M-6.2%
- 1Y4.6%
- YTD-2.6%
In the last week, Financials has been flat. The past year has been better, since the industry has gained 4.6% in that time. Looking forward, earnings are expected to remain mostly flat in the next few years.
Sector Valuation and Performance
Has the Emirati Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | د.إ600.2b | د.إ160.8b | د.إ78.9b | 8.6x | 7.6x | 3.7x |
| Tue, 16 Apr 2024 | د.إ614.5b | د.إ153.7b | د.إ76.0b | 9.3x | 8.1x | 4x |
| Thu, 14 Mar 2024 | د.إ622.4b | د.إ154.4b | د.إ76.6b | 10.7x | 8.1x | 4x |
| Sat, 10 Feb 2024 | د.إ630.3b | د.إ148.4b | د.إ76.4b | 10.7x | 8.2x | 4.2x |
| Mon, 08 Jan 2024 | د.إ618.4b | د.إ141.5b | د.إ70.8b | 10x | 8.7x | 4.4x |
| Wed, 06 Dec 2023 | د.إ603.4b | د.إ141.8b | د.إ70.9b | 9.6x | 8.5x | 4.3x |
| Fri, 03 Nov 2023 | د.إ587.3b | د.إ141.1b | د.إ70.7b | 9.4x | 8.3x | 4.2x |
| Sun, 01 Oct 2023 | د.إ610.1b | د.إ131.8b | د.إ64.7b | 9.9x | 9.4x | 4.6x |
| Tue, 29 Aug 2023 | د.إ615.1b | د.إ131.4b | د.إ64.7b | 10.2x | 9.5x | 4.7x |
| Thu, 27 Jul 2023 | د.إ615.7b | د.إ124.7b | د.إ58.7b | 10x | 10.5x | 4.9x |
| Sat, 24 Jun 2023 | د.إ581.3b | د.إ122.1b | د.إ56.4b | 10.3x | 10.3x | 4.8x |
| Mon, 22 May 2023 | د.إ569.6b | د.إ121.4b | د.إ56.3b | 9.4x | 10.1x | 4.7x |
| Wed, 19 Apr 2023 | د.إ564.2b | د.إ114.3b | د.إ53.0b | 10.8x | 10.6x | 4.9x |
| Fri, 17 Mar 2023 | د.إ503.3b | د.إ112.8b | د.إ53.2b | 10.2x | 9.5x | 4.5x |
| Sun, 12 Feb 2023 | د.إ537.0b | د.إ113.2b | د.إ53.1b | 10.4x | 10.1x | 4.7x |
| Tue, 10 Jan 2023 | د.إ544.7b | د.إ106.3b | د.إ50.4b | 10.5x | 10.8x | 5.1x |
| Thu, 08 Dec 2022 | د.إ557.2b | د.إ106.3b | د.إ50.4b | 10.7x | 11.1x | 5.2x |
| Sat, 05 Nov 2022 | د.إ574.3b | د.إ105.7b | د.إ50.5b | 10.5x | 11.4x | 5.4x |
| Mon, 03 Oct 2022 | د.إ571.0b | د.إ100.6b | د.إ47.4b | 11.2x | 12x | 5.7x |
| Wed, 31 Aug 2022 | د.إ593.2b | د.إ100.5b | د.إ48.0b | 11.8x | 12.4x | 5.9x |
| Fri, 29 Jul 2022 | د.إ582.7b | د.إ96.7b | د.إ45.6b | 10.8x | 12.8x | 6x |
| Sun, 26 Jun 2022 | د.إ554.7b | د.إ91.3b | د.إ44.0b | 10.7x | 12.6x | 6.1x |
| Tue, 24 May 2022 | د.إ579.8b | د.إ91.4b | د.إ45.3b | 10.5x | 12.8x | 6.3x |
| Thu, 21 Apr 2022 | د.إ647.9b | د.إ85.5b | د.إ40.1b | 12x | 16.1x | 7.6x |
| Sat, 19 Mar 2022 | د.إ633.8b | د.إ86.0b | د.إ39.7b | 12x | 16x | 7.4x |
| Mon, 14 Feb 2022 | د.إ599.1b | د.إ85.3b | د.إ39.4b | 11.2x | 15.2x | 7x |
| Wed, 12 Jan 2022 | د.إ567.1b | د.إ78.7b | د.إ32.6b | 12.4x | 17.4x | 7.2x |
| Fri, 10 Dec 2021 | د.إ583.2b | د.إ78.7b | د.إ32.6b | 12.3x | 17.9x | 7.4x |
| Sun, 07 Nov 2021 | د.إ535.7b | د.إ77.8b | د.إ32.6b | 11.7x | 16.5x | 6.9x |
| Tue, 05 Oct 2021 | د.إ512.3b | د.إ73.6b | د.إ29.2b | 11.7x | 17.6x | 7x |
| Thu, 02 Sep 2021 | د.إ506.3b | د.إ74.7b | د.إ29.1b | 11.9x | 17.4x | 6.8x |
| Sat, 31 Jul 2021 | د.إ494.1b | د.إ74.7b | د.إ29.1b | 11.4x | 17x | 6.6x |
Price to Earnings Ratio
17.5x
Current Industry PE
- Investors are pessimistic on the Emirian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.6x which is lower than its 3-year average PE of 12.3x.
- The 3-year average PS ratio of 5.6x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 41% per year over the last three years.
- Revenues for these companies have grown 31% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Emirati Financials sector?
| AE Market | -0.81% | |
| Financials | -0.76% | |
| Diversified Financial | 0.031% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Insurance | -0.71% | |
| Banks | -0.81% | |
| Capital Markets | -1.11% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 17.6x.
- Analysts are expecting annual earnings growth of 98.3%, which is higher than its past year's earnings decline of 15.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 98% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Banks industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| RAKBANK National Bank of Ras Al-Khaimah (P.S.C.) | د.إ5.20 | 2.0% +د.إ201.1m | 20.0% | PB1x | |
| BOS Bank Of Sharjah P.J.S.C | د.إ0.58 | 11.5% +د.إ180.0m | 9.4% | PB0.5x | |
| AWNIC Al Wathba National Insurance Company PJSC | د.إ5.75 | 10.6% +د.إ113.9m | 43.0% | PE11.4x | |
| AMANAT Amanat Holdings PJSC | د.إ1.08 | 3.8% +د.إ99.7m | 6.9% | PS3.6x | |
| SIB Sharjah Islamic Bank PJSC | د.إ2.29 | 1.3% +د.إ97.1m | 16.2% | PB0.9x |