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Emirati (ADX) Financials Sector Analysis

UpdatedSep 24, 2023
DataAggregated Company Financials
Companies58
  • 7D-0.6%
  • 3M6.4%
  • 1Y1.3%
  • YTD2.3%

Last week, the Financials industry hasn't moved much but Emirates NBD Bank PJSC is up 7.1% in that time. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 1.2% annually.

Sector Valuation and Performance

Has the Emirati Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Sep 2023د.إ610.6bد.إ131.8bد.إ64.7b9.8x9.4x4.6x
Tue, 22 Aug 2023د.إ613.1bد.إ131.4bد.إ64.7b10.8x9.5x4.7x
Thu, 20 Jul 2023د.إ598.0bد.إ122.3bد.إ56.8b10.4x10.5x4.9x
Sat, 17 Jun 2023د.إ577.9bد.إ122.0bد.إ56.5b11.5x10.2x4.7x
Mon, 15 May 2023د.إ576.3bد.إ121.3bد.إ56.3b10.1x10.2x4.7x
Wed, 12 Apr 2023د.إ526.8bد.إ113.2bد.إ52.1b10.3x10.1x4.7x
Fri, 10 Mar 2023د.إ525.0bد.إ112.7bد.إ53.1b10.4x9.9x4.7x
Sun, 05 Feb 2023د.إ528.5bد.إ112.2bد.إ53.0b10.4x10x4.7x
Tue, 03 Jan 2023د.إ557.7bد.إ106.3bد.إ50.4b10.6x11.1x5.2x
Thu, 01 Dec 2022د.إ573.4bد.إ106.3bد.إ50.4b11x11.4x5.4x
Sat, 29 Oct 2022د.إ565.2bد.إ104.8bد.إ50.1b11.1x11.3x5.4x
Mon, 26 Sep 2022د.إ574.7bد.إ100.6bد.إ47.4b11.5x12.1x5.7x
Wed, 24 Aug 2022د.إ593.2bد.إ100.5bد.إ45.8b11.4x12.9x5.9x
Fri, 22 Jul 2022د.إ579.4bد.إ91.6bد.إ44.0b11x13.2x6.3x
Sun, 19 Jun 2022د.إ576.2bد.إ91.4bد.إ45.3b11.1x12.7x6.3x
Tue, 17 May 2022د.إ587.1bد.إ91.4bد.إ45.3b11.3x13x6.4x
Thu, 14 Apr 2022د.إ654.5bد.إ85.4bد.إ40.1b12.5x16.3x7.7x
Sat, 12 Mar 2022د.إ640.3bد.إ86.0bد.إ39.5b11.9x16.2x7.4x
Mon, 07 Feb 2022د.إ577.8bد.إ84.9bد.إ39.0b11.6x14.8x6.8x
Wed, 05 Jan 2022د.إ566.7bد.إ78.7bد.إ32.6b12.4x17.4x7.2x
Fri, 03 Dec 2021د.إ558.4bد.إ78.7bد.إ32.6b11.6x17.1x7.1x
Sun, 31 Oct 2021د.إ522.8bد.إ76.0bد.إ31.6b11.4x16.5x6.9x
Tue, 28 Sep 2021د.إ515.1bد.إ73.6bد.إ29.2b11.2x17.6x7x
Thu, 26 Aug 2021د.إ503.7bد.إ74.7bد.إ29.1b11.9x17.3x6.7x
Fri, 02 Jul 2021د.إ498.9bد.إ74.7bد.إ29.1b11.2x17.1x6.7x
Mon, 05 Apr 2021د.إ444.3bد.إ72.2bد.إ28.0b9.9x15.9x6.2x
Thu, 07 Jan 2021د.إ426.2bد.إ70.4bد.إ24.7b12.1x17.2x6.1x
Wed, 30 Sep 2020د.إ397.3bد.إ75.3bد.إ28.9b9.6x13.8x5.3x
Price to Earnings Ratio

13.8x


Total Market Cap: د.إ397.3bTotal Earnings: د.إ28.9bTotal Revenue: د.إ75.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Financials Sector Price to Earnings3Y Average 14x202120222023
Current Industry PE
  • Investors are pessimistic on the Emirian Financials 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 9.5x which is lower than its 3-year average PE of 14.0x.
  • The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Financials sector?

AE Market0.67%
Financials-0.62%
Capital Markets3.48%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Diversified Financial-0.23%
Insurance-0.66%
Banks-0.77%
Industry PE
  • Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 1kx.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 14.0x.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 51% per year.
  • In contrast, the Banks 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 Price7D1YValuation
EMIRATESNBD Emirates NBD Bank PJSCد.إ18.154.6%
+د.إ5.1b
44.0%PB1.2x
DIB Dubai Islamic Bank P.J.S.Cد.إ5.903.9%
+د.إ1.6b
-2.6%PB1x
MASQ Mashreqbank PSCد.إ155.003.3%
+د.إ1.0b
55.0%PB1.2x
DFM Dubai Financial Market P.J.S.Cد.إ1.644.5%
+د.إ559.7m
-1.2%PE66.9x
ADIB Abu Dhabi Islamic Bank PJSCد.إ10.541.2%
+د.إ435.8m
9.8%PB1.7x
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Latest News

FAB

د.إ13.56

First Abu Dhabi Bank P.J.S.C

7D

-1.6%

1Y

-25.9%

MASQ

د.إ155.00

Mashreqbank PSC

7D

3.3%

1Y

55.0%

WAHA

د.إ1.71

Al Waha Capital PJSC

7D

1.2%

1Y

19.6%

DNIR

د.إ4.50

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

7D

-10.0%

1Y

-37.5%

INVICTUS

د.إ2.67

Invictus Investment

7D

-1.8%

1Y

-34.9%

AMANAT

د.إ1.04

Amanat Holdings PJSC

7D

-1.9%

1Y

9.5%

SIB

د.إ2.43

Sharjah Islamic Bank PJSC

7D

1.3%

1Y

27.6%

ALANSARI

د.إ1.17

Al Ansari Financial Services PJSC

7D

-0.8%

1Y

n/a

DFM

د.إ1.64

Dubai Financial Market P.J.S.C

7D

4.5%

1Y

-1.2%

EMIRATESNBD

د.إ18.15

Emirates NBD Bank PJSC

7D

4.6%

1Y

44.0%

DIB

د.إ5.90

Dubai Islamic Bank P.J.S.C

7D

3.9%

1Y

-2.6%

ADCB

د.إ8.66

Abu Dhabi Commercial Bank PJSC

7D

-3.1%

1Y

2.8%