Bahraini (BAX) Market Analysis & Valuation
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies32
- 7D0.04%
- 3M-2.3%
- 1Y7.7%
- YTD3.8%
The market has stayed flat over the 7 days. More promisingly, the market is up 7.7% over the past year. Looking forward, earnings are forecast to grow by 32% annually.
Market Valuation and Performance
Has the Bahraini Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ب.د8.1b | ب.د4.7b | ب.د642.5m | 11.7x | 12.5x | 1.7x |
| Fri, 05 Apr 2024 | ب.د8.0b | ب.د4.7b | ب.د644.8m | 11.4x | 12.4x | 1.7x |
| Sun, 03 Mar 2024 | ب.د7.5b | ب.د4.7b | ب.د658.5m | 11.4x | 11.4x | 1.6x |
| Tue, 30 Jan 2024 | ب.د8.0b | ب.د5.6b | ب.د762.0m | 11.4x | 10.5x | 1.4x |
| Thu, 28 Dec 2023 | ب.د7.7b | ب.د5.4b | ب.د681.6m | 11.4x | 11.3x | 1.4x |
| Sat, 25 Nov 2023 | ب.د7.6b | ب.د5.4b | ب.د681.6m | 11.6x | 11.2x | 1.4x |
| Mon, 23 Oct 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.4x | 10.5x | 1.4x |
| Wed, 20 Sep 2023 | ب.د7.4b | ب.د5.4b | ب.د718.3m | 11.6x | 10.4x | 1.4x |
| Fri, 18 Aug 2023 | ب.د7.5b | ب.د5.6b | ب.د875.9m | 11.8x | 8.6x | 1.3x |
| Sun, 16 Jul 2023 | ب.د7.3b | ب.د5.2b | ب.د884.4m | 12.1x | 8.3x | 1.4x |
| Tue, 13 Jun 2023 | ب.د7.3b | ب.د5.2b | ب.د884.7m | 11.8x | 8.3x | 1.4x |
| Thu, 11 May 2023 | ب.د7.3b | ب.د5.6b | ب.د918.9m | 11.5x | 7.9x | 1.3x |
| Sat, 08 Apr 2023 | ب.د7.0b | ب.د5.6b | ب.د1.0b | 10.7x | 6.9x | 1.2x |
| Mon, 06 Mar 2023 | ب.د7.4b | ب.د5.6b | ب.د1.0b | 10.6x | 7.4x | 1.3x |
| Wed, 01 Feb 2023 | ب.د7.4b | ب.د5.7b | ب.د1.2b | 10.9x | 6x | 1.3x |
| Fri, 30 Dec 2022 | ب.د7.2b | ب.د5.7b | ب.د1.2b | 11.2x | 5.9x | 1.3x |
| Sun, 27 Nov 2022 | ب.د7.0b | ب.د5.7b | ب.د1.2b | 10.9x | 5.7x | 1.2x |
| Tue, 25 Oct 2022 | ب.د17.9b | ب.د6.6b | ب.د1.8b | 11.4x | 9.7x | 2.7x |
| Thu, 22 Sep 2022 | ب.د18.2b | ب.د6.6b | ب.د1.8b | 11.4x | 9.9x | 2.8x |
| Sat, 20 Aug 2022 | ب.د18.0b | ب.د6.6b | ب.د1.8b | 11.6x | 9.8x | 2.7x |
| Mon, 18 Jul 2022 | ب.د17.2b | ب.د6.2b | ب.د1.7b | 13.1x | 10.4x | 2.8x |
| Wed, 15 Jun 2022 | ب.د16.7b | ب.د6.2b | ب.د1.7b | 13.1x | 10.1x | 2.7x |
| Fri, 13 May 2022 | ب.د18.8b | ب.د5.9b | ب.د1.5b | 13.9x | 12.5x | 3.2x |
| Sun, 10 Apr 2022 | ب.د19.9b | ب.د5.9b | ب.د1.5b | 14.1x | 13.2x | 3.4x |
| Tue, 08 Mar 2022 | ب.د18.7b | ب.د5.8b | ب.د1.5b | 13.9x | 12.5x | 3.2x |
| Thu, 03 Feb 2022 | ب.د16.7b | ب.د5.4b | ب.د1.1b | 14.8x | 15.7x | 3.1x |
| Sat, 01 Jan 2022 | ب.د16.6b | ب.د5.4b | ب.د1.1b | 14.7x | 15.7x | 3.1x |
| Mon, 29 Nov 2021 | ب.د16.6b | ب.د5.4b | ب.د1.1b | 14x | 15.6x | 3.1x |
| Wed, 27 Oct 2021 | ب.د16.4b | ب.د5.2b | ب.د845.0m | 14.9x | 19.4x | 3.2x |
| Fri, 24 Sep 2021 | ب.د16.1b | ب.د5.2b | ب.د850.7m | 14.8x | 19x | 3.1x |
| Sun, 22 Aug 2021 | ب.د16.0b | ب.د5.3b | ب.د835.2m | 13.7x | 19.2x | 3x |
| Fri, 09 Jul 2021 | ب.د15.2b | ب.د5.3b | ب.د835.2m | 13.2x | 18.2x | 2.9x |
Price to Earnings Ratio
20.7x
Current Market PE
- Investors are relatively neutral on the Bahraini 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 11.7x.
Past Earnings Growth
- The earnings for companies in the Bahraini industry have declined 2.4% per year over the last three years.
- Revenues have also declined 2.1% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Sector Trends
Which sectors have driven the changes within the Bahraini Market?
| BH Market | 0.036% | |
| Consumer Staples | 2.15% | |
| Financials | 0.17% | |
| Energy | 0% | |
| Materials | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Telecom | -0.36% | |
| Real Estate | -2.86% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth which is trading above its 3-year average PE ratio.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Consumer Staples sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.0x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 72% per year.
- In contrast, the Materials sector is expected to see its earnings grow by 32% 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 | |
|---|---|---|---|---|---|---|
| NBB National Bank of Bahrain B.S.C | ب.د0.55 | 2.2% +ب.د27.2m | -12.0% | PB2.2x | Financials | |
| ABC Arab Banking Corporation (B.S.C.) | US$0.31 | 1.6% +US$15.5m | 21.6% | PB0.2x | Financials | |
| BCFC Bahrain Commercial Facilities Company BSC | ب.د0.30 | 1.7% +ب.د1.0m | -18.7% | PS3x | Financials | |
| TRAFCO Trafco Group B.S.C | ب.د0.28 | 3.7% +ب.د742.0k | n/a | PE11.9x | Consumer Staples |
