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Emirati (ADX) Insurance Industry Analysis

UpdatedMay 18, 2024
DataAggregated Company Financials
Companies23
  • 7D-0.7%
  • 3M1.8%
  • 1Y-0.2%
  • YTD1.3%

Over the last 7 days, the Insurance industry has dropped 1.2%, driven by a pullback from National General Insurance (P.J.S.C.) of 10.0%. Over the last year, the industry has been flat overall.

Industry Valuation and Performance

Has the Emirati Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 18 May 2024د.إ13.6bد.إ18.4bد.إ935.6m11.4x14.6x0.7x
Mon, 15 Apr 2024د.إ14.0bد.إ17.3bد.إ937.9m10.7x14.9x0.8x
Wed, 13 Mar 2024د.إ13.9bد.إ17.9bد.إ946.2m11.5x14.7x0.8x
Fri, 09 Feb 2024د.إ14.2bد.إ11.6bد.إ954.3m11.2x14.9x1.2x
Sun, 07 Jan 2024د.إ14.7bد.إ12.1bد.إ967.4m9.3x15.2x1.2x
Tue, 05 Dec 2023د.إ14.1bد.إ12.1bد.إ951.1m9.7x14.8x1.2x
Thu, 02 Nov 2023د.إ14.0bد.إ12.0bد.إ853.8m9.4x16.4x1.2x
Sat, 30 Sep 2023د.إ14.7bد.إ11.8bد.إ843.9m10.5x17.4x1.2x
Mon, 28 Aug 2023د.إ15.1bد.إ11.5bد.إ838.1m14.7x18x1.3x
Wed, 26 Jul 2023د.إ14.8bد.إ10.9bد.إ800.5m14.8x18.5x1.4x
Fri, 23 Jun 2023د.إ14.7bد.إ11.1bد.إ763.3m16.7x19.3x1.3x
Sun, 21 May 2023د.إ14.5bد.إ10.8bد.إ934.6m11.8x15.5x1.3x
Tue, 18 Apr 2023د.إ14.4bد.إ10.6bد.إ912.3m16.5x15.8x1.4x
Thu, 16 Mar 2023د.إ14.6bد.إ10.4bد.إ963.5m15.1x15.2x1.4x
Sat, 11 Feb 2023د.إ14.7bد.إ10.3bد.إ944.0m12.1x15.5x1.4x
Mon, 09 Jan 2023د.إ14.7bد.إ10.3bد.إ951.5m13.1x15.4x1.4x
Wed, 07 Dec 2022د.إ15.1bد.إ10.3bد.إ951.5m14x15.9x1.5x
Fri, 04 Nov 2022د.إ15.1bد.إ10.2bد.إ1.1b13.8x13.5x1.5x
Sun, 02 Oct 2022د.إ15.4bد.إ10.2bد.إ1.1b15.8x13.6x1.5x
Tue, 30 Aug 2022د.إ15.7bد.إ10.2bد.إ1.1b15.7x13.8x1.5x
Thu, 28 Jul 2022د.إ15.8bد.إ10.5bد.إ1.4b13.9x11.3x1.5x
Sat, 25 Jun 2022د.إ15.7bد.إ10.5bد.إ1.4b13.1x11.3x1.5x
Mon, 23 May 2022د.إ15.6bد.إ10.5bد.إ1.4b13x11x1.5x
Wed, 20 Apr 2022د.إ16.0bد.إ10.3bد.إ1.4b15x11.2x1.6x
Fri, 18 Mar 2022د.إ15.7bد.إ10.9bد.إ1.4b10.6x10.9x1.4x
Sun, 13 Feb 2022د.إ15.1bد.إ10.6bد.إ1.4b11.2x10.6x1.4x
Tue, 11 Jan 2022د.إ15.0bد.إ10.6bد.إ1.4b10.3x10.5x1.4x
Thu, 09 Dec 2021د.إ14.9bد.إ10.6bد.إ1.4b12.4x10.9x1.4x
Sat, 06 Nov 2021د.إ14.3bد.إ10.7bد.إ1.6b10.4x9.1x1.3x
Mon, 04 Oct 2021د.إ13.8bد.إ10.3bد.إ1.6b9.7x8.7x1.3x
Wed, 01 Sep 2021د.إ14.2bد.إ10.7bد.إ1.6b10.3x9x1.3x
Thu, 08 Jul 2021د.إ14.4bد.إ10.7bد.إ1.6b10x9.1x1.3x
Price to Earnings Ratio

8.1x


Total Market Cap: د.إ13.8bTotal Earnings: د.إ1.7bTotal Revenue: د.إ10.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Insurance Industry Price to Earnings3Y Average 13.4x202220232024
Current Industry PE
  • Investors are optimistic on the Emirian Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.1x which is higher than its 3-year average PE of 13.4x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.74x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 19% per year over the last three years.
  • Meanwhile revenues for these companies have grown 20% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Emirati Financials industry?

AE Market-0.81%
Financials-0.76%
Insurance-0.71%
Insurance Brokers0%
Reinsurance0%
General Insurance-0.63%
Property and Casualty Insurance-0.89%
Life and Health Insurance-4.07%
Industry PE
  • Investors are most optimistic about the General Insurance industry, which is trading close to its 3-year average PE ratio of 11.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
AWNIC Al Wathba National Insurance Company PJSCد.إ5.7510.6%
+د.إ113.9m		43.0%PE11.4x
TAKAFUL-EM Takaful Emarat - Insurance (PSC)د.إ0.563.9%
+د.إ3.2m		-10.7%PS0.3x
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Latest News

HAYAH

د.إ1.18

HAYAH Insurance Company P.J.S.C

7D

-4.1%

1Y

32.9%

NGI

د.إ4.95

National General Insurance (P.J.S.C.)

7D

-10.0%

1Y

n/a

SALAMA

د.إ0.40

Islamic Arab Insurance (Salama) PJSC

7D

-2.7%

1Y

-43.8%

AWNIC

د.إ5.75

Al Wathba National Insurance Company PJSC

7D

10.6%

1Y

43.0%

ALAIN

د.إ28.80

Al Ain Ahlia Insurance Company P.S.C

7D

-10.0%

1Y

-17.7%

ADNIC

د.إ5.80

Abu Dhabi National Insurance Company PJSC

7D

-1.2%

1Y

3.2%

RAKNIC

د.إ3.00

Ras Al Khaimah National Insurance Company P.S.C

7D

-3.2%

1Y

-26.8%

AMAN

د.إ0.40

Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C)

7D

-1.3%

1Y

-48.0%

TAKAFUL-EM

د.إ0.56

Takaful Emarat - Insurance (PSC)

7D

3.9%

1Y

-10.7%