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Emirati (ADX) Banks Industry Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies18
  • 7D-0.8%
  • 3M-4.6%
  • 1Y2.6%
  • YTD1.5%

Last week, the Banks industry hasn't moved much but Ajman Bank PJSC is up 16% in that time. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 5.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022د.إ523.5bد.إ88.5bد.إ48.1b9.7x10.9x5.9x
Thu, 27 Oct 2022د.إ527.0bد.إ85.6bد.إ45.8b10.6x11.5x6.2x
Sat, 24 Sep 2022د.إ532.6bد.إ84.1bد.إ44.3b10.9x12x6.3x
Mon, 22 Aug 2022د.إ551.3bد.إ84.1bد.إ42.7b10.6x12.9x6.6x
Wed, 20 Jul 2022د.إ516.3bد.إ78.8bد.إ40.7b10.5x12.7x6.6x
Fri, 17 Jun 2022د.إ537.3bد.إ78.8bد.إ40.7b11.1x13.2x6.8x
Sun, 15 May 2022د.إ540.4bد.إ78.8bد.إ40.7b11.3x13.3x6.9x
Tue, 12 Apr 2022د.إ607.7bد.إ73.0bد.إ35.4b14x17.2x8.3x
Thu, 10 Mar 2022د.إ583.3bد.إ72.9bد.إ35.4b12.5x16.5x8x
Sat, 05 Feb 2022د.إ532.0bد.إ72.4bد.إ34.7b12.4x15.3x7.4x
Mon, 03 Jan 2022د.إ515.8bد.إ66.2bد.إ28.4b13.2x18.1x7.8x
Wed, 01 Dec 2021د.إ512.3bد.إ66.2bد.إ28.4b12.8x18x7.7x
Fri, 29 Oct 2021د.إ487.2bد.إ63.7bد.إ28.4b11.6x17.2x7.6x
Sun, 26 Sep 2021د.إ485.0bد.إ61.6bد.إ25.8b12.9x18.8x7.9x
Tue, 24 Aug 2021د.إ468.3bد.إ61.6bد.إ25.8b12.7x18.2x7.6x
Wed, 30 Jun 2021د.إ463.7bد.إ61.6bد.إ25.8b12.8x18x7.5x
Sat, 03 Apr 2021د.إ411.2bد.إ59.5bد.إ24.9b11.1x16.5x6.9x
Tue, 05 Jan 2021د.إ394.0bد.إ58.0bد.إ23.4b12.2x16.8x6.8x
Fri, 09 Oct 2020د.إ367.8bد.إ63.0bد.إ28.3b9.6x13x5.8x
Thu, 02 Jul 2020د.إ345.5bد.إ69.8bد.إ34.7b9x10x5x
Sun, 05 Apr 2020د.إ317.1bد.إ75.2bد.إ38.6b9x8.2x4.2x
Wed, 08 Jan 2020د.إ465.9bد.إ78.6bد.إ39.6b8.7x11.8x5.9x
Price to Earnings Ratio

11.1x


Total Market Cap: د.إ454.7bTotal Earnings: د.إ41.0bTotal Revenue: د.إ78.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Banks Industry Price to Earnings3Y Average 14.2x202020212022
Current Industry PE
  • Investors are pessimistic on the Emirian Banks 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 10.9x which is lower than its 3-year average PE of 14.2x.
  • The industry is trading close to its 3-year average PS ratio of 6.6x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 5.5% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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 industry?

AE Market-0.43%
Financials-0.74%
Banks-0.81%
Regional Banks0%
Diversified Banks-0.81%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 14.2x.
    • Analysts are expecting annual earnings growth of 5.9%, which is lower than the prior year's growth of 37.8% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 14.2x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 5.9% over the next 5 years.
  • However this is lower than its past earnings growth rate of 38% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 5.9% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
AJMANBANK Ajman Bank PJSCد.إ0.9113.6%
+د.إ226.8m
12.0%PB0.8x
ADIB Abu Dhabi Islamic Bank PJSCد.إ9.400.5%
+د.إ181.6m
45.1%PB1.6x
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Latest News

ADIB

د.إ9.40

Abu Dhabi Islamic Bank PJSC

7D

0.5%

1Y

45.1%

MASQ

د.إ97.50

Mashreqbank PSC

7D

-2.5%

1Y

30.0%

ADCB

د.إ9.28

Abu Dhabi Commercial Bank PJSC

7D

-1.4%

1Y

9.2%

RAKBANK

د.إ4.70

National Bank of Ras Al-Khaimah (P.S.C.)

7D

-0.6%

1Y

9.3%

CBD

د.إ4.84

Commercial Bank of Dubai PSC

7D

-1.2%

1Y

11.0%