Emirati (ADX) Industrials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies26
- 7D-0.5%
- 3M-3.5%
- 1Y-2.8%
- YTD-5.9%
Over the last 7 days, the Industrials industry has remained flat, although notably Alpha Dhabi Holding PJSC declined by 4.1%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Sector Valuation and Performance
Has the Emirati Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 May 2024 | د.إ1.2t | د.إ179.1b | د.إ42.0b | 19.2x | 29.7x | 7x |
| Wed, 17 Apr 2024 | د.إ1.3t | د.إ171.9b | د.إ47.6b | 21.5x | 26.6x | 7.4x |
| Fri, 15 Mar 2024 | د.إ1.3t | د.إ170.9b | د.إ47.4b | 26.4x | 26.5x | 7.3x |
| Sun, 11 Feb 2024 | د.إ1.2t | د.إ165.2b | د.إ31.7b | 20.3x | 38.5x | 7.4x |
| Tue, 09 Jan 2024 | د.إ1.3t | د.إ164.5b | د.إ40.8b | 16.7x | 31.1x | 7.7x |
| Thu, 07 Dec 2023 | د.إ1.2t | د.إ164.5b | د.إ40.8b | 18.6x | 30.4x | 7.5x |
| Sat, 04 Nov 2023 | د.إ1.3t | د.إ160.2b | د.إ44.7b | 13.7x | 28.2x | 7.9x |
| Mon, 02 Oct 2023 | د.إ1.3t | د.إ157.6b | د.إ53.1b | 15.5x | 24.2x | 8.2x |
| Wed, 30 Aug 2023 | د.إ1.3t | د.إ157.8b | د.إ53.1b | 15.3x | 24.3x | 8.2x |
| Fri, 28 Jul 2023 | د.إ1.3t | د.إ152.6b | د.إ52.2b | 16.6x | 24x | 8.2x |
| Sun, 25 Jun 2023 | د.إ1.3t | د.إ152.4b | د.إ54.0b | 13.9x | 23.3x | 8.3x |
| Tue, 23 May 2023 | د.إ1.2t | د.إ152.6b | د.إ54.0b | 13.4x | 22.8x | 8.1x |
| Thu, 20 Apr 2023 | د.إ1.3t | د.إ139.6b | د.إ48.3b | 16.1x | 26.3x | 9.1x |
| Sat, 18 Mar 2023 | د.إ1.3t | د.إ139.2b | د.إ48.3b | 17.6x | 27x | 9.4x |
| Mon, 13 Feb 2023 | د.إ1.3t | د.إ124.3b | د.إ48.2b | 21.6x | 26.5x | 10.3x |
| Wed, 11 Jan 2023 | د.إ1.3t | د.إ121.0b | د.إ41.2b | 18.8x | 32.6x | 11.1x |
| Fri, 09 Dec 2022 | د.إ1.4t | د.إ120.7b | د.إ41.2b | 17.9x | 33.1x | 11.3x |
| Sun, 06 Nov 2022 | د.إ1.2t | د.إ114.6b | د.إ35.3b | 15.9x | 33.8x | 10.4x |
| Tue, 04 Oct 2022 | د.إ1.0t | د.إ109.7b | د.إ26.4b | 16.9x | 39.6x | 9.5x |
| Thu, 01 Sep 2022 | د.إ1.0t | د.إ111.4b | د.إ26.6b | 16.9x | 38.2x | 9.1x |
| Sat, 30 Jul 2022 | د.إ930.4b | د.إ101.8b | د.إ20.4b | 20x | 45.5x | 9.1x |
| Mon, 27 Jun 2022 | د.إ898.6b | د.إ101.7b | د.إ20.3b | 21.1x | 44.3x | 8.8x |
| Wed, 25 May 2022 | د.إ901.2b | د.إ101.5b | د.إ20.3b | 22.2x | 44.4x | 8.9x |
| Fri, 22 Apr 2022 | د.إ413.1b | د.إ56.2b | د.إ10.3b | 17.1x | 40.2x | 7.3x |
| Sun, 20 Mar 2022 | د.إ397.4b | د.إ55.8b | د.إ10.0b | 18x | 39.6x | 7.1x |
| Tue, 15 Feb 2022 | د.إ391.3b | د.إ40.2b | د.إ6.6b | 22.3x | 58.9x | 9.7x |
| Thu, 13 Jan 2022 | د.إ355.4b | د.إ34.0b | د.إ5.1b | 28.2x | 69.1x | 10.4x |
| Sat, 11 Dec 2021 | د.إ370.6b | د.إ34.0b | د.إ5.2b | 24.9x | 71.5x | 10.9x |
| Mon, 08 Nov 2021 | د.إ327.1b | د.إ33.3b | د.إ4.9b | 5.1x | 66.7x | 9.8x |
| Wed, 06 Oct 2021 | د.إ334.5b | د.إ32.1b | د.إ2.7b | 24.4x | 126x | 10.4x |
| Fri, 03 Sep 2021 | د.إ356.5b | د.إ28.4b | د.إ2.5b | 17.6x | 140x | 12.6x |
| Sun, 01 Aug 2021 | د.إ336.2b | د.إ27.8b | د.إ2.1b | 15.6x | 158.6x | 12.1x |
Price to Earnings Ratio
34.4x
Current Industry PE
- Investors are pessimistic on the Emirian Industrials 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 29.7x which is lower than its 3-year average PE of 46.9x.
- The 3-year average PS ratio of 8.8x is higher than the industry's current PS ratio of 7.0x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 227% per year over the last three years.
- Revenues for these companies have grown 94% 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 Industrials sector?
| AE Market | -0.81% | |
| Industrials | -0.48% | |
| Logistics | 5.37% | |
| Marine and Shipping | 1.24% | |
| Construction | 0.63% | |
| Transportation | 0.27% | |
| Electrical | 0% | |
| Machinery | 0% | |
| Trade Distributors | 0% | |
| Professional Services | 0% | |
| Industrials | -0.44% | |
| Aerospace & Defense | -0.83% | |
| Infrastructure | -1.99% | |
| Commercial Services | -3.26% | |
| Building | -3.76% | |
| Airlines | -7.46% | |
Industry PE
- Investors are most optimistic about the Logistics industry which is trading above its 3-year average PE ratio of 17.0x.
- Analysts are expecting annual earnings growth of 19.6%, which is higher than its past year's earnings growth of 10.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Logistics industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Construction industry is expected to see its earnings decline by 11% 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 | |
|---|---|---|---|---|---|
| IHC International Holding Company PJSC | د.إ401.00 | 0.4% +د.إ3.3b | 1.5% | PE29.6x | |
| AGILITY Agility Global | د.إ1.36 | 5.4% +د.إ729.2m | n/a | n/a | |
| ARMX Aramex PJSC | د.إ2.75 | 10.9% +د.إ395.3m | -11.6% | PE26.3x | |
| NMDC National Marine Dredging | د.إ26.70 | 1.1% +د.إ231.0m | 40.5% | PE8.8x | |
| GULFNAV Gulf Navigation Holding PJSC | د.إ7.37 | 1.2% +د.إ74.1m | 142.4% | PS67.1x |