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Emirati (ADX) Insurance Industry Analysis

UpdatedMay 13, 2024
DataAggregated Company Financials
Companies23
  • 7D-0.1%
  • 3M2.4%
  • 1Y1.7%
  • YTD2.0%

Over the last 7 days, the Insurance industry has remained flat, although notably Dubai National Insurance & Reinsurance (P.S.C.) declined by 11%. Furthermore, the industry has been flat for the past year as well.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 May 2024د.إ13.7bد.إ17.9bد.إ919.2m10.7x14.9x0.8x
Wed, 10 Apr 2024د.إ14.1bد.إ17.8bد.إ889.7m10.7x15.8x0.8x
Fri, 08 Mar 2024د.إ13.9bد.إ17.8bد.إ894.1m12.4x15.5x0.8x
Sun, 04 Feb 2024د.إ15.3bد.إ15.2bد.إ1.1b9.8x14.4x1x
Tue, 02 Jan 2024د.إ14.5bد.إ12.1bد.إ967.4m9.3x15x1.2x
Thu, 30 Nov 2023د.إ14.1bد.إ12.1bد.إ951.1m9.7x14.9x1.2x
Sat, 28 Oct 2023د.إ14.0bد.إ11.9bد.إ844.7m9.9x16.6x1.2x
Mon, 25 Sep 2023د.إ14.5bد.إ11.8bد.إ843.9m10.5x17.1x1.2x
Wed, 23 Aug 2023د.إ15.1bد.إ11.5bد.إ838.1m14.7x18x1.3x
Fri, 21 Jul 2023د.إ14.8bد.إ10.9bد.إ800.5m14.8x18.5x1.4x
Sun, 18 Jun 2023د.إ14.7bد.إ11.0bد.إ792.6m17.5x18.5x1.3x
Tue, 16 May 2023د.إ14.4bد.إ10.7bد.إ939.0m14.7x15.4x1.3x
Thu, 13 Apr 2023د.إ14.5bد.إ10.6bد.إ912.3m16.7x15.9x1.4x
Sat, 11 Mar 2023د.إ14.9bد.إ10.5bد.إ963.5m16.7x15.4x1.4x
Mon, 06 Feb 2023د.إ14.6bد.إ10.3bد.إ951.5m13x15.3x1.4x
Wed, 04 Jan 2023د.إ14.8bد.إ10.3bد.إ951.5m13.1x15.5x1.4x
Fri, 02 Dec 2022د.إ15.1bد.إ10.3bد.إ951.5m12.6x15.8x1.5x
Sun, 30 Oct 2022د.إ15.0bد.إ10.2bد.إ1.1b13.8x13.2x1.5x
Tue, 27 Sep 2022د.إ15.5bد.إ10.2bد.إ1.1b15.8x13.7x1.5x
Thu, 25 Aug 2022د.إ15.5bد.إ10.2bد.إ1.1b14.8x13.7x1.5x
Sat, 23 Jul 2022د.إ15.9bد.إ10.5bد.إ1.4b14.1x11.4x1.5x
Mon, 20 Jun 2022د.إ15.8bد.إ10.5bد.إ1.4b13.7x11.3x1.5x
Wed, 18 May 2022د.إ15.8bد.إ10.5bد.إ1.4b15.3x11.1x1.5x
Fri, 15 Apr 2022د.إ15.8bد.إ10.3bد.إ1.4b14.8x11x1.5x
Sun, 13 Mar 2022د.إ15.6bد.إ10.9bد.إ1.4b10.6x10.9x1.4x
Tue, 08 Feb 2022د.إ15.0bد.إ10.6bد.إ1.4b11.2x10.5x1.4x
Thu, 06 Jan 2022د.إ14.9bد.إ10.6bد.إ1.4b10.1x10.4x1.4x
Sat, 04 Dec 2021د.إ14.3bد.إ10.6bد.إ1.4b10.5x10.5x1.3x
Mon, 01 Nov 2021د.إ14.1bد.إ10.7bد.إ1.6b10.3x8.9x1.3x
Wed, 29 Sep 2021د.إ13.8bد.إ10.3bد.إ1.6b9.7x8.6x1.3x
Fri, 27 Aug 2021د.إ14.3bد.إ10.7bد.إ1.6b10.8x9.1x1.3x
Sat, 03 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 14.9x 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 0.77x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 18% per year over the last three years.
  • Meanwhile revenues for these companies have grown 19% 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 Market1.16%
Financials0.54%
Insurance-0.10%
Life and Health Insurance18.27%
Insurance Brokers0%
Reinsurance0%
Property and Casualty Insurance-0.24%
General Insurance-0.40%
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
HAYAH HAYAH Insurance Company P.J.S.Cد.إ1.2419.2%
+د.إ40.0m		40.3%PS2.7x
AMAN Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C)د.إ0.412.5%
+د.إ2.3m		-46.6%PE82.7x
TAKAFUL-EM Takaful Emarat - Insurance (PSC)د.إ0.540.4%
+د.إ300.0k		-8.0%PS0.3x
WATANIA Watania International Holding PJSCد.إ0.580.2%
+د.إ260.2k		-12.7%PE11.5x
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Latest News

TKFL

د.إ4.70

Abu Dhabi National Takaful Company PSC

7D

-6.0%

1Y

-14.5%

WATANIA

د.إ0.58

Watania International Holding PJSC

7D

0.2%

1Y

-12.7%

HAYAH

د.إ1.24

HAYAH Insurance Company P.J.S.C

7D

19.2%

1Y

40.3%

ADNIC

د.إ5.84

Abu Dhabi National Insurance Company PJSC

7D

-0.3%

1Y

4.1%

AMAN

د.إ0.41

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

7D

2.5%

1Y

-46.6%

TAKAFUL-EM

د.إ0.54

Takaful Emarat - Insurance (PSC)

7D

0.4%

1Y

-8.0%

DNIR

د.إ4.00

Dubai National Insurance & Reinsurance (P.S.C.)

7D

-1.2%

1Y

n/a