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Emirati (ADX) Banks Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
  • 7D-2.2%
  • 3M6.0%
  • 1Y31.3%
  • YTD27.1%

Over the last 7 days, the Banks industry has dropped 1.9%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 35%.

Industry Valuation and Performance

Has the Emirati Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021د.إ513.6bد.إ66.2bد.إ28.4b12.8x
Wed, 27 Oct 2021د.إ489.5bد.إ63.4bد.إ27.4b12.7x
Fri, 24 Sep 2021د.إ485.0bد.إ61.6bد.إ25.8b12.9x
Sun, 22 Aug 2021د.إ466.1bد.إ61.6bد.إ25.8b12.4x
Fri, 09 Jul 2021د.إ463.7bد.إ61.6bد.إ25.8b12.8x
Thu, 01 Apr 2021د.إ411.2bد.إ59.5bد.إ24.9b11.1x
Sun, 03 Jan 2021د.إ394.0bد.إ58.0bد.إ23.4b12.2x
Wed, 07 Oct 2020د.إ367.8bد.إ63.0bد.إ28.3b9.6x
Tue, 30 Jun 2020د.إ345.5bد.إ69.8bد.إ34.7b9x
Fri, 03 Apr 2020د.إ317.1bد.إ75.2bد.إ38.6b9x
Mon, 06 Jan 2020د.إ465.9bد.إ78.6bد.إ39.6b8.7x
Thu, 10 Oct 2019د.إ451.7bد.إ78.2bد.إ41.0b8.3x
Wed, 03 Jul 2019د.إ442.2bد.إ74.6bد.إ38.4b8.5x
Sat, 06 Apr 2019د.إ426.8bد.إ71.4bد.إ38.0b8.9x
Tue, 08 Jan 2019د.إ403.0bد.إ70.3bد.إ39.4b9.1x
PE Ratio


Total Market Cap: د.إ395.2bTotal Earnings: د.إ38.7bTotal Revenue: د.إ69.2b0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.1x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have declined 9.8% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Emirati Banks industry?

Diversified Banks-2.21%

Industry PE: Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 10.1x. However analysts are expecting annual earnings growth of 8.6%, which is lower than the prior year's growth of 14% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.6% over the next 5 years. However this is lower than its past earnings growth rate of 14% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

EIB Emirates Islamic Bank PJSCn/aد.إ40.6bn/aPB4.7x
MASQ Mashreqbank PSC13.0%+د.إ1.7b24.8%PB0.8x
ADCB Abu Dhabi Commercial Bank PJSC1.0%+د.إ556.3m36.6%PB1x
CBD Commercial Bank of Dubai PSC3.3%+د.إ392.4m12.7%PB0.9x
NBQ National Bank of Umm Al-Qaiwain (PSC)4.7%+د.إ147.8m-11.0%PB0.7x
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