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Emirati (ADX) Financials Sector Analysis
UpdatedDec 25, 2024
DataAggregated Company Financials
Companies55
- 7D1.6%
- 3M3.1%
- 1Y11.4%
- YTD9.8%
Last week, the Financials industry hasn't moved much but First Abu Dhabi Bank P.J.S.C is up 4.1% in that time. The past year has been better, since the industry has gained 11% in that time. 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 |
|---|---|---|---|---|---|---|
| Wed, 25 Dec 2024 | د.إ692.4b | د.إ175.7b | د.إ82.3b | 10x | 8.4x | 3.9x |
| Fri, 22 Nov 2024 | د.إ619.4b | د.إ170.8b | د.إ79.4b | 9.4x | 7.8x | 3.6x |
| Sun, 20 Oct 2024 | د.إ646.3b | د.إ170.7b | د.إ82.2b | 9.1x | 7.9x | 3.8x |
| Tue, 17 Sep 2024 | د.إ647.0b | د.إ169.4b | د.إ80.7b | 10.1x | 8x | 3.8x |
| Thu, 15 Aug 2024 | د.إ635.8b | د.إ169.5b | د.إ81.1b | 9.9x | 7.8x | 3.8x |
| Sat, 13 Jul 2024 | د.إ603.2b | د.إ161.7b | د.إ78.9b | 8.7x | 7.6x | 3.7x |
| Mon, 10 Jun 2024 | د.إ584.1b | د.إ160.7b | د.إ78.8b | 8.2x | 7.4x | 3.6x |
| Wed, 08 May 2024 | د.إ605.9b | د.إ159.4b | د.إ78.7b | 9.5x | 7.7x | 3.8x |
| Fri, 05 Apr 2024 | د.إ616.2b | د.إ154.8b | د.إ76.0b | 9.4x | 8.1x | 4x |
| Sun, 03 Mar 2024 | د.إ639.0b | د.إ154.3b | د.إ76.5b | 11.4x | 8.4x | 4.1x |
| Tue, 30 Jan 2024 | د.إ644.0b | د.إ145.3b | د.إ72.5b | 10.4x | 8.9x | 4.4x |
| Thu, 28 Dec 2023 | د.إ607.3b | د.إ141.5b | د.إ70.8b | 10x | 8.6x | 4.3x |
| Sat, 25 Nov 2023 | د.إ605.5b | د.إ141.9b | د.إ70.9b | 10.2x | 8.5x | 4.3x |
| Mon, 23 Oct 2023 | د.إ573.0b | د.إ133.8b | د.إ66.5b | 9.7x | 8.6x | 4.3x |
| Wed, 20 Sep 2023 | د.إ610.3b | د.إ131.8b | د.إ64.7b | 9.8x | 9.4x | 4.6x |
| Fri, 18 Aug 2023 | د.إ611.8b | د.إ131.6b | د.إ64.7b | 10x | 9.5x | 4.6x |
| Sun, 16 Jul 2023 | د.إ600.3b | د.إ122.2b | د.إ56.8b | 10.9x | 10.6x | 4.9x |
| Tue, 13 Jun 2023 | د.إ566.5b | د.إ122.0b | د.إ56.5b | 9.9x | 10x | 4.6x |
| Thu, 11 May 2023 | د.إ581.8b | د.إ121.2b | د.إ56.3b | 9.9x | 10.3x | 4.8x |
| Sat, 08 Apr 2023 | د.إ521.1b | د.إ113.2b | د.إ52.0b | 9.6x | 10x | 4.6x |
| Mon, 06 Mar 2023 | د.إ527.9b | د.إ112.8b | د.إ53.1b | 10.4x | 9.9x | 4.7x |
| Wed, 01 Feb 2023 | د.إ512.3b | د.إ110.5b | د.إ52.3b | 10.2x | 9.8x | 4.6x |
| Fri, 30 Dec 2022 | د.إ560.5b | د.إ106.3b | د.إ50.4b | 10.6x | 11.1x | 5.3x |
| Sun, 27 Nov 2022 | د.إ574.0b | د.إ106.5b | د.إ50.4b | 10.9x | 11.4x | 5.4x |
| Tue, 25 Oct 2022 | د.إ571.6b | د.إ100.6b | د.إ47.4b | 11.4x | 12.1x | 5.7x |
| Thu, 22 Sep 2022 | د.إ583.3b | د.إ100.6b | د.إ47.4b | 11.7x | 12.3x | 5.8x |
| Sat, 20 Aug 2022 | د.إ596.2b | د.إ100.5b | د.إ45.9b | 11.7x | 13x | 5.9x |
| Mon, 18 Jul 2022 | د.إ554.3b | د.إ91.3b | د.إ44.0b | 10.8x | 12.6x | 6.1x |
| Wed, 15 Jun 2022 | د.إ579.4b | د.إ91.4b | د.إ45.3b | 11.1x | 12.8x | 6.3x |
| Fri, 13 May 2022 | د.إ612.0b | د.إ91.3b | د.إ45.4b | 11.9x | 13.5x | 6.7x |
| Sun, 10 Apr 2022 | د.إ657.3b | د.إ85.4b | د.إ40.1b | 12.5x | 16.4x | 7.7x |
| Tue, 08 Mar 2022 | د.إ640.7b | د.إ85.9b | د.إ39.5b | 12x | 16.2x | 7.5x |
| Thu, 03 Feb 2022 | د.إ575.0b | د.إ81.9b | د.إ34.7b | 12.2x | 16.6x | 7x |
| Sat, 01 Jan 2022 | د.إ566.3b | د.إ78.7b | د.إ32.6b | 12.4x | 17.3x | 7.2x |
Price to Earnings Ratio
17.3x
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 8.4x which is lower than its 3-year average PE of 10.5x.
- The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 31% 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 | 1.54% | |
| Financials | 1.58% | |
| Banks | 1.83% | |
| Insurance | 0.45% | |
| Diversified Financial | 0.20% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Capital Markets | -2.92% | |
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 10.1x.
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 60% 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.إ21.60 | 7.2% +د.إ9.2b | 25.6% | PB1.1x | |
| FAB First Abu Dhabi Bank P.J.S.C | د.إ13.90 | 5.1% +د.إ7.5b | 0.1% | PB1.2x | |
| EIB Emirates Islamic Bank PJSC | د.إ7.20 | 8.9% +د.إ3.2b | n/a | PB2.8x | |
| ADIB Abu Dhabi Islamic Bank PJSC | د.إ13.96 | 2.6% +د.إ1.3b | 39.3% | PB1.9x | |
| ADCB Abu Dhabi Commercial Bank PJSC | د.إ10.36 | 1.0% +د.إ731.8m | 15.9% | PB1x |
