Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
Emirati (ADX) Energy Sector Analysis
UpdatedSep 27, 2024
DataAggregated Company Financials
Companies4
- 7D2.7%
- 3M14.4%
- 1Y1.3%
- YTD9.1%
In the last week, the Energy industry is up 1.3%, with ADNOC Gas up 2.2%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 2.6% per annum.
Sector Valuation and Performance
Has the Emirati Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Sep 2024 | د.إ369.5b | د.إ96.2b | د.إ25.2b | 14.6x | 14.7x | 3.8x |
| Sun, 25 Aug 2024 | د.إ355.4b | د.إ96.2b | د.إ25.2b | 13.8x | 14.1x | 3.7x |
| Tue, 23 Jul 2024 | د.إ358.5b | د.إ91.5b | د.إ24.0b | 14.2x | 14.9x | 3.9x |
| Thu, 20 Jun 2024 | د.إ334.8b | د.إ86.4b | د.إ22.7b | 13.5x | 14.8x | 3.9x |
| Sat, 18 May 2024 | د.إ338.3b | د.إ85.8b | د.إ22.5b | 13.6x | 15.1x | 3.9x |
| Mon, 15 Apr 2024 | د.إ338.4b | د.إ83.2b | د.إ22.7b | 14x | 14.9x | 4.1x |
| Wed, 13 Mar 2024 | د.إ341.3b | د.إ83.2b | د.إ22.6b | 14x | 15.1x | 4.1x |
| Fri, 09 Feb 2024 | د.إ332.1b | د.إ21.5b | د.إ6.0b | 14.6x | 55.6x | 15.4x |
| Sun, 07 Jan 2024 | د.إ336.1b | د.إ21.5b | د.إ6.0b | 15.6x | 56.3x | 15.6x |
| Tue, 05 Dec 2023 | د.إ344.8b | د.إ21.5b | د.إ6.0b | 14x | 57.7x | 16x |
| Thu, 02 Nov 2023 | د.إ333.9b | د.إ20.6b | د.إ5.6b | 13.6x | 59.8x | 16.2x |
| Sat, 30 Sep 2023 | د.إ364.6b | د.إ20.6b | د.إ5.6b | 14.8x | 65.3x | 17.7x |
| Mon, 28 Aug 2023 | د.إ370.4b | د.إ11.7b | د.إ3.8b | 16.2x | 98.6x | 31.7x |
| Wed, 26 Jul 2023 | د.إ367.3b | د.إ11.6b | د.إ3.8b | 15.3x | 97.6x | 31.7x |
| Fri, 23 Jun 2023 | د.إ324.9b | د.إ74.2b | د.إ17.0b | 18.1x | 19.1x | 4.4x |
| Sun, 21 May 2023 | د.إ313.1b | د.إ74.2b | د.إ17.0b | 18.6x | 18.4x | 4.2x |
| Tue, 18 Apr 2023 | د.إ300.9b | د.إ73.8b | د.إ16.8b | 17.7x | 17.9x | 4.1x |
| Thu, 16 Mar 2023 | د.إ283.9b | د.إ11.2b | د.إ3.6b | 13.8x | 78.6x | 25.3x |
| Sat, 11 Feb 2023 | د.إ60.2b | د.إ10.6b | د.إ3.3b | 14.4x | 18x | 5.7x |
| Mon, 09 Jan 2023 | د.إ56.4b | د.إ10.6b | د.إ3.3b | 13.9x | 16.9x | 5.3x |
| Wed, 07 Dec 2022 | د.إ57.5b | د.إ10.6b | د.إ3.3b | 14.1x | 17.2x | 5.4x |
| Fri, 04 Nov 2022 | د.إ60.0b | د.إ10.2b | د.إ3.8b | 12.9x | 15.6x | 5.9x |
| Sun, 02 Oct 2022 | د.إ60.9b | د.إ10.2b | د.إ3.8b | 13.1x | 15.8x | 6x |
| Tue, 30 Aug 2022 | د.إ65.8b | د.إ10.2b | د.إ3.8b | 14.2x | 17.1x | 6.5x |
| Thu, 28 Jul 2022 | د.إ62.5b | د.إ9.9b | د.إ3.7b | 14.1x | 16.8x | 6.3x |
| Sat, 25 Jun 2022 | د.إ59.1b | د.إ9.9b | د.إ3.7b | 13.4x | 15.9x | 6x |
| Mon, 23 May 2022 | د.إ59.3b | د.إ9.9b | د.إ3.7b | 13.6x | 15.9x | 6x |
| Wed, 20 Apr 2022 | د.إ68.0b | د.إ9.5b | د.إ3.4b | 17.1x | 20.1x | 7.2x |
| Fri, 18 Mar 2022 | د.إ66.8b | د.إ9.5b | د.إ3.4b | 16.7x | 19.8x | 7x |
| Sun, 13 Feb 2022 | د.إ62.9b | د.إ9.0b | د.إ4.8b | 13.9x | 13.2x | 7x |
| Tue, 11 Jan 2022 | د.إ61.2b | د.إ9.0b | د.إ4.8b | 13.5x | 12.9x | 6.8x |
| Thu, 09 Dec 2021 | د.إ62.9b | د.إ9.0b | د.إ4.8b | 13.9x | 13.2x | 7x |
| Sat, 06 Nov 2021 | د.إ55.6b | د.إ8.7b | د.إ2.7b | 17.4x | 20.6x | 6.4x |
| Mon, 04 Oct 2021 | د.إ54.5b | د.إ562.0m | د.إ690.5m | 10.6x | 78.9x | 97x |
Price to Earnings Ratio
78.9x
Current Industry PE
- Investors are pessimistic on the Emirian Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.3x which is lower than its 3-year average PE of 29.6x.
- The 3-year average PS ratio of 10.9x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 232% per year over the last three years.
- Revenues for these companies have grown 455% 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 Energy sector?
| AE Market | 0.92% | |
| Energy | 2.71% | |
| Energy Services | 5.60% | |
| Oil and Gas | 1.95% | |
Industry PE
- Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 19.9x.
- Analysts are expecting annual earnings growth of 7.3%, which is lower than the prior year's growth of 33.1% per year.
- Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 62.8x.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 7.3% over the next 5 years.
- However this is lower than its past earnings growth rate of 33% per year.
- In contrast, the Oil and Gas 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ADNOCGAS ADNOC Gas | د.إ3.21 | 2.2% +د.إ5.4b | -7.8% | PE13.9x | |
| ADNOCDRILL ADNOC Drilling Company P.J.S.C | د.إ4.90 | 5.6% +د.إ4.2b | 21.9% | PE18.5x | |
| ADNOCLS ADNOC Logistics & Services | د.إ5.43 | 0.7% +د.إ295.9m | 48.8% | PE15.3x |