Emirati (ADX) Financials Sector Analysis
UpdatedDec 05, 2022
DataAggregated Company Financials
Companies57
- 7D-0.1%
- 3M1.4%
- 1Y0.3%
- YTD1.0%
The Financials is pretty flat in the last 7 days, but Abu Dhabi Commercial Bank PJSC has stood out, gaining 5.3%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 7.0% per annum.
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, 05 Dec 2022 | د.إ573.4b | د.إ106.3b | د.إ50.4b | 11x | 11.4x | 5.4x |
| Wed, 02 Nov 2022 | د.إ572.5b | د.إ105.2b | د.إ50.5b | 11x | 11.3x | 5.4x |
| Fri, 30 Sep 2022 | د.إ574.7b | د.إ100.6b | د.إ47.4b | 11.2x | 12.1x | 5.7x |
| Sun, 28 Aug 2022 | د.إ600.7b | د.إ100.5b | د.إ48.0b | 11.7x | 12.5x | 6x |
| Tue, 26 Jul 2022 | د.إ577.5b | د.إ92.4b | د.إ45.1b | 11x | 12.8x | 6.2x |
| Thu, 23 Jun 2022 | د.إ562.8b | د.إ91.3b | د.إ44.0b | 10.7x | 12.8x | 6.2x |
| Sat, 21 May 2022 | د.إ593.6b | د.إ91.4b | د.إ45.3b | 10.5x | 13.1x | 6.5x |
| Mon, 18 Apr 2022 | د.إ642.4b | د.إ85.4b | د.إ40.1b | 12.5x | 16x | 7.5x |
| Wed, 16 Mar 2022 | د.إ621.8b | د.إ86.0b | د.إ39.7b | 12x | 15.7x | 7.2x |
| Fri, 11 Feb 2022 | د.إ594.2b | د.إ85.3b | د.إ39.5b | 11.6x | 15.1x | 7x |
| Sun, 09 Jan 2022 | د.إ562.8b | د.إ78.7b | د.إ32.6b | 12.4x | 17.2x | 7.2x |
| Tue, 07 Dec 2021 | د.إ580.6b | د.إ78.7b | د.إ32.6b | 12.3x | 17.8x | 7.4x |
| Thu, 04 Nov 2021 | د.إ533.0b | د.إ77.8b | د.إ32.6b | 11.6x | 16.4x | 6.9x |
| Sat, 02 Oct 2021 | د.إ514.6b | د.إ73.6b | د.إ29.2b | 11.3x | 17.6x | 7x |
| Mon, 30 Aug 2021 | د.إ504.6b | د.إ74.7b | د.إ29.1b | 11.9x | 17.3x | 6.8x |
| Tue, 06 Jul 2021 | د.إ498.9b | د.إ74.7b | د.إ29.1b | 11.2x | 17.1x | 6.7x |
| Fri, 09 Apr 2021 | د.إ444.3b | د.إ72.2b | د.إ28.0b | 9.9x | 15.9x | 6.2x |
| Thu, 31 Dec 2020 | د.إ426.2b | د.إ70.4b | د.إ24.7b | 12.1x | 17.2x | 6.1x |
| Sun, 04 Oct 2020 | د.إ397.3b | د.إ75.3b | د.إ28.9b | 9.6x | 13.8x | 5.3x |
| Wed, 08 Jul 2020 | د.إ372.1b | د.إ82.0b | د.إ34.6b | 9.6x | 10.8x | 4.5x |
| Tue, 31 Mar 2020 | د.إ341.7b | د.إ87.5b | د.إ37.9b | 10.4x | 9x | 3.9x |
| Fri, 03 Jan 2020 | د.إ496.9b | د.إ91.0b | د.إ40.0b | 13x | 12.4x | 5.5x |
Price to Earnings Ratio
12.4x
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 11.4x which is lower than its 3-year average PE of 14.3x.
- The industry is trading close to its 3-year average PS ratio of 6.0x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 8.0% per year over the last three years.
- Revenues for these companies have grown 5.3% 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 | -0.77% | |
| Financials | -0.098% | |
| Capital Markets | 4.30% | |
| Mortgage Finance | 1.17% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Banks | -0.19% | |
| Insurance | -0.67% | |
| Diversified Financial | -1.17% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 45.0%, which is lower than the prior year's growth of 84.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 45% over the next 5 years.
- However this is lower than its past earnings growth rate of 84% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 5.8% per year 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 | |
|---|---|---|---|---|---|
| FAB First Abu Dhabi Bank P.J.S.C | د.إ17.54 | 0.8% +د.إ1.5b | -12.8% | PB1.7x | |
| DFM Dubai Financial Market P.J.S.C | د.إ1.68 | 9.1% +د.إ1.1b | -38.5% | PE86.9x | |
| ADIB Abu Dhabi Islamic Bank PJSC | د.إ9.44 | 2.8% +د.إ944.3m | 47.7% | PB1.6x | |
| DIB Dubai Islamic Bank P.J.S.C | د.إ5.79 | 1.2% +د.إ505.9m | 10.3% | PB1x | |
| AJMANBANK Ajman Bank PJSC | د.إ1.03 | 12.0% +د.إ231.0m | 24.1% | PB0.9x |