International Holding Company PJSC's (ADX:IHC) Share Price Matching Investor Opinion
When close to half the companies in the United Arab Emirates have price-to-earnings ratios (or "P/E's") below 13x, you...
Emirati (ADX) Consumer Staples Sector Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies8
- 7D0.9%
- 3M3.3%
- 1Y264.9%
- YTD246.7%
Over the last 7 days, the Consumer Staples industry has remained flat. The past year has been better, since the industry has gained 265% in that time.
Sector Valuation and Performance
Has the Emirati Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 05 Dec 2021 | د.إ287.1b | د.إ25.0b | د.إ6.2b | 34.8x |
| Tue, 02 Nov 2021 | د.إ277.4b | د.إ18.6b | د.إ5.0b | 56.8x |
| Thu, 30 Sep 2021 | د.إ277.2b | د.إ18.6b | د.إ5.0b | 56.7x |
| Sat, 28 Aug 2021 | د.إ275.5b | د.إ18.8b | د.إ5.0b | 41.9x |
| Sun, 04 Jul 2021 | د.إ224.8b | د.إ18.8b | د.إ5.0b | 33.8x |
| Wed, 07 Apr 2021 | د.إ124.5b | د.إ12.6b | د.إ4.4b | 30x |
| Sat, 09 Jan 2021 | د.إ82.1b | د.إ10.8b | د.إ3.1b | 50.3x |
| Fri, 02 Oct 2020 | د.إ74.9b | د.إ8.7b | د.إ2.2b | 24.1x |
| Mon, 06 Jul 2020 | د.إ57.1b | د.إ6.8b | د.إ1.4b | 18.4x |
| Thu, 09 Apr 2020 | د.إ29.8b | د.إ5.4b | د.إ707.8m | 13.6x |
| Wed, 01 Jan 2020 | د.إ15.5b | د.إ4.9b | د.إ601.7m | 16x |
| Sat, 05 Oct 2019 | د.إ13.2b | د.إ4.6b | د.إ245.5m | 15.1x |
| Tue, 09 Jul 2019 | د.إ4.6b | د.إ4.5b | د.إ241.2m | 12x |
| Mon, 01 Apr 2019 | د.إ4.7b | د.إ4.5b | د.إ240.8m | 13.3x |
| Thu, 03 Jan 2019 | د.إ5.4b | د.إ4.4b | د.إ308.4m | 14.1x |
PE Ratio
14.1x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 34.8x which is higher than its 3-year average PE of 24.5x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Consumer Staples industry have grown 177% per year over the last three years, and revenues for these companies have grown 80% 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 Consumer Staples sector?
| Food and Staples Retail | 2.76% | |
| Food | 0.91% | |
| Beverage | -2.30% | |
Industry PE: Investors are most optimistic about the Food industry, which is trading close to its 3-year average PE ratio of 38.6x. However analysts are expecting annual earnings growth of 29%, which is lower than the prior year's growth of 168% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Food and Staples Retail industry, which is trading close to its 3-year average of 17.4x.
Forecasted Growth: Analysts are most optimistic on the Food industry, expecting annual earnings growth of 29% over the next 5 years. However this is lower than its past earnings growth rate of 168% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| IHC International Holding Company PJSC | 0.9%+د.إ2.5b | 280.1% | PE47.2x | |
| DRC Dubai Refreshment (P.J.S.C.) | 13.5%+د.إ171.0m | 56.1% | PE17.1x | |
| RAPCO Ras Al Khaimah Poultry & Feeding P.S.C | 14.7%+د.إ24.7m | 40.4% | PE229.1x |