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Emirati (ADX) Market Analysis & Valuation

UpdatedMay 23, 2022
DataAggregated Company Financials
Companies122
  • 7D3.5%
  • 3M9.9%
  • 1Y49.7%
  • YTD13.9%

The market has climbed 3.5% in the last 7 days, lead by the Industrials sector with a gain of 9.9%. As for the past 12 months, the market is up 50%. As for the next few years, earnings are expected to grow by 4.6% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022د.إ2.5tد.إ455.5bد.إ109.4b15.5x
Wed, 20 Apr 2022د.إ2.4tد.إ420.4bد.إ97.1b16.1x
Fri, 18 Mar 2022د.إ2.2tد.إ391.3bد.إ91.1b15.1x
Sun, 13 Feb 2022د.إ2.1tد.إ364.2bد.إ85.6b15.2x
Tue, 11 Jan 2022د.إ2.0tد.إ342.4bد.إ76.0b14.8x
Thu, 09 Dec 2021د.إ2.1tد.إ342.0bد.إ76.0b14.3x
Sat, 06 Nov 2021د.إ1.8tد.إ326.7bد.إ70.5b14.1x
Mon, 04 Oct 2021د.إ1.8tد.إ312.4bد.إ63.1b14x
Wed, 01 Sep 2021د.إ1.7tد.إ309.9bد.إ62.8b14.3x
Thu, 08 Jul 2021د.إ1.5tد.إ307.9bد.إ62.1b13.6x
Wed, 31 Mar 2021د.إ1.2tد.إ276.1bد.إ57.2b11.5x
Sat, 02 Jan 2021د.إ1.1tد.إ286.8bد.إ54.3b12.9x
Tue, 06 Oct 2020د.إ973.4bد.إ268.3bد.إ59.5b11.7x
Fri, 10 Jul 2020د.إ755.2bد.إ270.5bد.إ57.1b11.4x
Thu, 02 Apr 2020د.إ656.3bد.إ285.2bد.إ62.9b9.8x
Sun, 05 Jan 2020د.إ872.2bد.إ285.4bد.إ72.1b11.3x
Wed, 09 Oct 2019د.إ859.6bد.إ299.5bد.إ69.1b12x
Tue, 02 Jul 2019د.إ834.0bد.إ297.5bد.إ67.9b11.3x
Median PE Ratio

10.4x


Total Market Cap: د.إ831.7bTotal Earnings: د.إ68.6bTotal Revenue: د.إ296.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Market Median PE3Y Average 12.6x202020212022
Current Market PE
  • Investors are relatively neutral on the 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 12.6x.
Past Earnings Growth
  • The earnings for Emirian listed companies have grown 17% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market3.48%
Industrials9.86%
Consumer Staples4.11%
Real Estate1.87%
Consumer Discretionary1.65%
Financials1.36%
Materials0.80%
Tech0%
Healthcare-0.86%
Telecom-1.69%
Energy-1.95%
Utilities-2.39%
Sector PE
  • Investors are most optimistic about the Consumer Staples sector, which is trading close to its 3-year average PE ratio of 26.8x.
  • Analysts are expecting annual earnings growth of 10%, which is lower than the prior year's growth of 34% per year.
  • This could indicate that the market believes that analysts are underestimating future growth.
  • Investors are most pessimistic about the Financials sector, which is trading close to its 3-year average of 11.4x.
Forecasted Growth
  • Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 11% over the next 5 years.
  • In contrast, the Healthcare sector is expected to see its earnings decline by 53% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
IHC International Holding Company PJSCد.إ280.0014.8%
+د.إ65.6b		197.9%PS67.1xIndustrials
ALPHADHABI Alpha Dhabi Holding PJSCد.إ26.144.6%
+د.إ11.4b		n/aPS51.7xIndustrials
ADCB Abu Dhabi Commercial Bank PJSCد.إ9.724.5%
+د.إ2.9b		48.2%PB1.2xFinancials
NMDC National Marine Dredgingد.إ27.966.3%
+د.إ1.4b		302.3%PS22.2xIndustrials
ADIB Abu Dhabi Islamic Bank PJSCد.إ7.964.5%
+د.إ1.2b		48.2%PB1.5xFinancials
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Latest News

DEWA

د.إ2.55

Dubai Electricity and Water Authority (PJSC)

7D

-4.9%

1Y

n/a

IHC

د.إ280.00

International Holding Company PJSC

7D

14.8%

1Y

197.9%

NMDC

د.إ27.96

National Marine Dredging

7D

6.3%

1Y

302.3%

ETISALAT

د.إ29.92

Emirates Telecommunications Group Company PJSC

7D

-5.0%

1Y

36.0%

TAQA

د.إ1.25

Abu Dhabi National Energy Company PJSC

7D

-5.3%

1Y

-10.1%

ADNOCDIST

د.إ4.11

Abu Dhabi National Oil Company for Distribution PJSC

7D

2.0%

1Y

-16.6%

ADNOCDRILL

د.إ3.06

ADNOC Drilling Company P.J.S.C

7D

-7.3%

1Y

n/a

ALPHADHABI

د.إ26.14

Alpha Dhabi Holding PJSC

7D

4.6%

1Y

n/a

QHOLDING

د.إ3.94

Al Qudra Holding PJSC

7D

-4.8%

1Y

337.8%

ADIB

د.إ7.96

Abu Dhabi Islamic Bank PJSC

7D

4.5%

1Y

48.2%

MASQ

د.إ76.50

Mashreqbank PSC

7D

4.1%

1Y

n/a

DU

د.إ5.91

Emirates Integrated Telecommunications Company PJSC

7D

-5.4%

1Y

-9.8%

FAB

د.إ19.26

First Abu Dhabi Bank P.J.S.C

7D

-1.2%

1Y

14.6%

MULTIPLY

د.إ1.87

Multiply Group PJSC

7D

3.9%

1Y

n/a
Apr 28
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Calculating The Fair Value Of Multiply Group PJSC (ADX:MULTIPLY)

Does the April share price for Multiply Group PJSC ( ADX:MULTIPLY ) reflect what it's really worth? Today, we will...

ADCB

د.إ9.72

Abu Dhabi Commercial Bank PJSC

7D

4.5%

1Y

48.2%

EMIRATESNBD

د.إ12.60

Emirates NBD Bank PJSC

7D

-7.7%

1Y

-2.3%