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Emirati (ADX) Financials Sector Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies53
- 7D-0.6%
- 3M0.9%
- 1Y6.5%
- YTD5.4%
Over the last 7 days, the Financials industry has remained flat. As for the the longer term, the industry is up 6.5% over the past 12 months. In the next few years earnings are forecast to be pretty stable.
Sector Valuation and Performance
Has the Emirati Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 Nov 2024 | د.إ617.4b | د.إ170.8b | د.إ79.4b | 9.4x | 7.8x | 3.6x |
| Wed, 23 Oct 2024 | د.إ640.7b | د.إ171.1b | د.إ81.9b | 9.1x | 7.8x | 3.7x |
| Fri, 20 Sep 2024 | د.إ651.1b | د.إ169.4b | د.إ80.7b | 10.1x | 8.1x | 3.8x |
| Sun, 18 Aug 2024 | د.إ641.0b | د.إ169.0b | د.إ81.0b | 10.4x | 7.9x | 3.8x |
| Tue, 16 Jul 2024 | د.إ606.1b | د.إ161.7b | د.إ78.9b | 8.7x | 7.7x | 3.7x |
| Thu, 13 Jun 2024 | د.إ583.1b | د.إ160.7b | د.إ78.8b | 8.2x | 7.4x | 3.6x |
| Sat, 11 May 2024 | د.إ605.7b | د.إ160.4b | د.إ78.8b | 9.5x | 7.7x | 3.8x |
| Mon, 08 Apr 2024 | د.إ617.7b | د.إ154.8b | د.إ76.0b | 9.4x | 8.1x | 4x |
| Wed, 06 Mar 2024 | د.إ625.8b | د.إ154.3b | د.إ76.5b | 11.5x | 8.2x | 4.1x |
| Fri, 02 Feb 2024 | د.إ644.0b | د.إ148.3b | د.إ75.4b | 10.6x | 8.5x | 4.3x |
| Sun, 31 Dec 2023 | د.إ613.5b | د.إ141.5b | د.إ70.8b | 10x | 8.7x | 4.3x |
| Tue, 28 Nov 2023 | د.إ600.7b | د.إ141.9b | د.إ70.9b | 10x | 8.5x | 4.2x |
| Thu, 26 Oct 2023 | د.إ572.6b | د.إ134.0b | د.إ66.6b | 9.7x | 8.6x | 4.3x |
| Sat, 23 Sep 2023 | د.إ610.6b | د.إ131.8b | د.إ64.7b | 9.8x | 9.4x | 4.6x |
| Mon, 21 Aug 2023 | د.إ613.1b | د.إ131.4b | د.إ64.7b | 11x | 9.5x | 4.7x |
| Wed, 19 Jul 2023 | د.إ600.1b | د.إ122.3b | د.إ56.8b | 10.8x | 10.6x | 4.9x |
| Fri, 16 Jun 2023 | د.إ571.5b | د.إ121.9b | د.إ56.5b | 11.3x | 10.1x | 4.7x |
| Sun, 14 May 2023 | د.إ576.3b | د.إ121.4b | د.إ56.3b | 10.1x | 10.2x | 4.7x |
| Tue, 11 Apr 2023 | د.إ521.1b | د.إ113.2b | د.إ52.1b | 10.2x | 10x | 4.6x |
| Thu, 09 Mar 2023 | د.إ533.5b | د.إ112.7b | د.إ53.1b | 10.4x | 10x | 4.7x |
| Sat, 04 Feb 2023 | د.إ528.5b | د.إ112.0b | د.إ53.1b | 10.4x | 10x | 4.7x |
| Mon, 02 Jan 2023 | د.إ556.1b | د.إ106.3b | د.إ50.4b | 10.6x | 11x | 5.2x |
| Wed, 30 Nov 2022 | د.إ563.5b | د.إ106.3b | د.إ50.4b | 10.9x | 11.2x | 5.3x |
| Fri, 28 Oct 2022 | د.إ567.4b | د.إ102.8b | د.إ49.4b | 11.1x | 11.5x | 5.5x |
| Sun, 25 Sep 2022 | د.إ574.7b | د.إ100.6b | د.إ47.4b | 11.5x | 12.1x | 5.7x |
| Tue, 23 Aug 2022 | د.إ593.4b | د.إ100.5b | د.إ45.8b | 11.4x | 12.9x | 5.9x |
| Thu, 21 Jul 2022 | د.إ562.7b | د.إ91.3b | د.إ44.0b | 11.4x | 12.8x | 6.2x |
| Sat, 18 Jun 2022 | د.إ576.6b | د.إ91.4b | د.إ45.3b | 11.1x | 12.7x | 6.3x |
| Mon, 16 May 2022 | د.إ587.1b | د.إ91.3b | د.إ45.4b | 11.8x | 12.9x | 6.4x |
| Wed, 13 Apr 2022 | د.إ657.3b | د.إ85.4b | د.إ40.1b | 12.5x | 16.4x | 7.7x |
| Fri, 11 Mar 2022 | د.إ638.4b | د.إ85.9b | د.إ39.5b | 12x | 16.2x | 7.4x |
| Sun, 06 Feb 2022 | د.إ577.8b | د.إ84.9b | د.إ39.0b | 11.6x | 14.8x | 6.8x |
| Tue, 04 Jan 2022 | د.إ565.8b | د.إ78.7b | د.إ32.6b | 12.4x | 17.3x | 7.2x |
| Thu, 02 Dec 2021 | د.إ558.4b | د.إ78.7b | د.إ32.6b | 11.6x | 17.1x | 7.1x |
Price to Earnings Ratio
17.1x
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 7.8x which is lower than its 3-year average PE of 10.8x.
- The 3-year average PS ratio of 5.1x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 29% 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 Market | -1.55% | |
| Financials | -0.61% | |
| Capital Markets | 1.88% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Diversified Financial | -0.07% | |
| Banks | -0.71% | |
| Insurance | -1.16% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry which is trading above its 3-year average PE ratio.
- 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 10.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 44% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EMIRATESNBD Emirates NBD Bank PJSC | د.إ19.50 | 1.0% +د.إ1.3b | 8.0% | PB1x | |
| DFM Dubai Financial Market P.J.S.C | د.إ1.40 | 6.1% +د.إ639.7m | -2.1% | PE26.7x | |
| RAKBANK National Bank of Ras Al-Khaimah (P.S.C.) | د.إ5.75 | 2.9% +د.إ321.8m | 4.7% | PB1x | |
| ADIB Abu Dhabi Islamic Bank PJSC | د.إ12.78 | 0.3% +د.إ145.3m | 22.4% | PB1.8x | |
| CBI Commercial Bank International P.S.C | د.إ0.95 | 5.6% +د.إ86.9m | 31.9% | PB0.6x |