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Emirati (ADX) Market Analysis & Valuation

UpdatedDec 17, 2025
DataAggregated Company Financials
Companies150
  • 7D0.2%
  • 3M0.02%
  • 1Y8.1%
  • YTD6.4%

The Industrials sector has led the market, which has gained 1.0%. On the other hand, with a decline of 4.7%, the Consumer Staples sector is lagging behind. In the last year, the market has climbed 8.1%. Earnings are forecast to grow by 5.5% annually.

Market Valuation and Performance

Has the Emirati Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Dec 2025د.إ3.9tد.إ1.1tد.إ255.2b11.6x15.3x3.4x
Fri, 14 Nov 2025د.إ3.9tد.إ1.1tد.إ251.2b11.7x15.3x3.4x
Sun, 12 Oct 2025د.إ3.9tد.إ1.1tد.إ240.6b12.4x16.2x3.6x
Tue, 09 Sep 2025د.إ3.9tد.إ1.1tد.إ236.4b12.7x16.3x3.6x
Thu, 07 Aug 2025د.إ4.0tد.إ1.1tد.إ239.7b13.4x16.8x3.8x
Sat, 05 Jul 2025د.إ3.9tد.إ1.0tد.إ240.2b12.9x16.2x3.7x
Mon, 02 Jun 2025د.إ3.8tد.إ1.0tد.إ240.3b12.6x15.8x3.7x
Wed, 30 Apr 2025د.إ3.8tد.إ1.0tد.إ235.7b12.8x16.2x3.8x
Fri, 28 Mar 2025د.إ3.7tد.إ995.7bد.إ236.6b12.8x15.4x3.7x
Sun, 23 Feb 2025د.إ3.7tد.إ961.1bد.إ246.0b13.1x15.2x3.9x
Tue, 21 Jan 2025د.إ3.7tد.إ928.2bد.إ235.9b14x15.7x4x
Thu, 19 Dec 2024د.إ3.6tد.إ928.2bد.إ235.9b12.8x15.3x3.9x
Sat, 16 Nov 2024د.إ3.5tد.إ894.3bد.إ230.7b12.8x15.1x3.9x
Mon, 14 Oct 2024د.إ3.5tد.إ847.1bد.إ228.2b13.3x15.1x4.1x
Wed, 11 Sep 2024د.إ3.4tد.إ849.4bد.إ229.1b13.6x15x4x
Fri, 09 Aug 2024د.إ3.4tد.إ820.0bد.إ227.2b13.3x14.8x4.1x
Sun, 07 Jul 2024د.إ3.3tد.إ786.5bد.إ216.1b13.3x15.4x4.2x
Tue, 04 Jun 2024د.إ3.2tد.إ781.6bد.إ215.0b13x15x4.1x
Thu, 02 May 2024د.إ3.3tد.إ762.4bد.إ228.8b13.9x14.4x4.3x
Sat, 30 Mar 2024د.إ3.4tد.إ739.5bد.إ221.5b14.7x15.3x4.6x
Mon, 26 Feb 2024د.إ3.4tد.إ739.0bد.إ206.4b15.6x16.2x4.5x
Wed, 24 Jan 2024د.إ3.4tد.إ654.8bد.إ187.8b15.9x18.4x5.3x
Fri, 22 Dec 2023د.إ3.4tد.إ653.9bد.إ188.1b15.1x17.9x5.2x
Sun, 19 Nov 2023د.إ3.4tد.إ649.9bد.إ187.0b15x17.9x5.2x
Tue, 17 Oct 2023د.إ3.3tد.إ627.5bد.إ190.3b15.3x17.5x5.3x
Thu, 14 Sep 2023د.إ3.5tد.إ616.4bد.إ187.4b15.4x18.5x5.6x
Sat, 12 Aug 2023د.إ3.5tد.إ613.4bد.إ187.6b16.1x18.7x5.7x
Mon, 10 Jul 2023د.إ3.4tد.إ601.5bد.إ182.2b16.1x18.7x5.7x
Wed, 07 Jun 2023د.إ3.2tد.إ664.3bد.إ195.5b15.5x16.6x4.9x
Fri, 05 May 2023د.إ3.3tد.إ649.5bد.إ179.7b15.6x18.6x5.2x
Sun, 02 Apr 2023د.إ3.3tد.إ642.3bد.إ176.2b15x18.5x5.1x
Tue, 28 Feb 2023د.إ3.0tد.إ563.4bد.إ161.3b14.3x18.9x5.4x
Thu, 26 Jan 2023د.إ3.1tد.إ554.3bد.إ153.3b13.1x20.5x5.7x
Sat, 24 Dec 2022د.إ3.1tد.إ554.4bد.إ153.2b13.8x20.5x5.7x
Price to Earnings Ratio

20.5x


Total Market Cap: د.إ3.1tTotal Earnings: د.إ153.2bTotal Revenue: د.إ554.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Market Price to Earnings3Y Average 16.7x202320242025
Current Market PE
  • Investors are relatively neutral on the Emirian 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 16.7x.
Past Earnings Growth
  • The earnings for Emirian listed companies have grown 19% per year over the last three years.
  • Revenues for these companies have grown 27% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Emirati Market?

AE Market0.22%
Tech1.99%
Financials1.81%
Energy0.61%
Utilities0.15%
Real Estate-0.038%
Materials-0.16%
Industrials-0.34%
Telecom-0.58%
Consumer Discretionary-1.01%
Healthcare-1.29%
Consumer Staples-5.03%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 27.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 4.2%, which is higher than its past year's earnings growth of 0.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Telecom 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?

CompanyLast Price7D1YValuationSector
EMIRATESNBD Emirates NBD Bank PJSCد.إ28.307.2%
+د.إ12.0b		34.1%PB1.3xFinancials
ADNOCGAS ADNOC Gasد.إ3.461.5%
+د.إ3.8b		2.4%PE13.5xEnergy
EMAAR Emaar Properties PJSCد.إ14.402.5%
+د.إ3.1b		13.8%PE7.7xReal Estate
ADIB Abu Dhabi Islamic Bank PJSCد.إ21.003.2%
+د.إ2.4b		58.1%PB2.6xFinancials
SALIK Salik Company P.J.S.Cد.إ6.283.8%
+د.إ1.7b		28.4%PE31.7xIndustrials
See more

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