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Emirati (ADX) Diversified Banks Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies18
- 7D1.3%
- 3M2.4%
- 1Y11.1%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 1.3%, driven by gains from Emirates NBD Bank PJSC of 3.0%. This takes the industry's 12 month performance to a gain of 11%. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Emirati Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | د.إ596.4b | د.إ140.3b | د.إ79.3b | 8.3x | 7.5x | 4.3x |
| Tue, 19 Nov 2024 | د.إ546.5b | د.إ135.5b | د.إ76.3b | 7.4x | 7.2x | 4x |
| Thu, 17 Oct 2024 | د.إ572.2b | د.إ136.5b | د.إ77.4b | 8.2x | 7.4x | 4.2x |
| Sat, 14 Sep 2024 | د.إ569.1b | د.إ136.5b | د.إ77.4b | 8.5x | 7.4x | 4.2x |
| Mon, 12 Aug 2024 | د.إ554.8b | د.إ136.5b | د.إ77.4b | 7.8x | 7.2x | 4.1x |
| Wed, 10 Jul 2024 | د.إ523.3b | د.إ131.1b | د.إ75.0b | 7.5x | 7x | 4x |
| Fri, 07 Jun 2024 | د.إ504.2b | د.إ131.1b | د.إ75.0b | 7.2x | 6.7x | 3.8x |
| Sun, 05 May 2024 | د.إ522.8b | د.إ131.0b | د.إ75.0b | 7.9x | 7x | 4x |
| Tue, 02 Apr 2024 | د.إ541.3b | د.إ125.1b | د.إ72.3b | 8x | 7.5x | 4.3x |
| Thu, 29 Feb 2024 | د.إ561.3b | د.إ125.1b | د.إ72.6b | 8.3x | 7.7x | 4.5x |
| Sat, 27 Jan 2024 | د.إ564.9b | د.إ121.1b | د.إ68.5b | 8.7x | 8.2x | 4.7x |
| Mon, 25 Dec 2023 | د.إ521.8b | د.إ119.3b | د.إ67.4b | 8.4x | 7.7x | 4.4x |
| Wed, 22 Nov 2023 | د.إ519.1b | د.إ119.3b | د.إ67.4b | 8.2x | 7.7x | 4.3x |
| Fri, 20 Oct 2023 | د.إ510.1b | د.إ110.6b | د.إ62.3b | 8.7x | 8.2x | 4.6x |
| Sun, 17 Sep 2023 | د.إ534.8b | د.إ110.8b | د.إ62.3b | 8.6x | 8.6x | 4.8x |
| Tue, 15 Aug 2023 | د.إ537.7b | د.إ110.8b | د.إ62.3b | 9x | 8.6x | 4.9x |
| Thu, 13 Jul 2023 | د.إ515.1b | د.إ102.4b | د.إ54.2b | 8.7x | 9.5x | 5x |
| Sat, 10 Jun 2023 | د.إ488.0b | د.إ102.4b | د.إ54.2b | 9x | 9x | 4.8x |
| Mon, 08 May 2023 | د.إ502.1b | د.إ101.9b | د.إ54.0b | 9.2x | 9.3x | 4.9x |
| Wed, 05 Apr 2023 | د.إ481.6b | د.إ94.5b | د.إ49.6b | 9.5x | 9.7x | 5.1x |
| Fri, 03 Mar 2023 | د.إ493.9b | د.إ94.4b | د.إ50.9b | 9.4x | 9.7x | 5.2x |
| Sun, 29 Jan 2023 | د.إ471.3b | د.إ92.1b | د.إ49.4b | 10x | 9.5x | 5.1x |
| Tue, 27 Dec 2022 | د.إ520.0b | د.إ88.5b | د.إ48.1b | 9.6x | 10.8x | 5.9x |
| Thu, 24 Nov 2022 | د.إ533.3b | د.إ88.5b | د.إ48.1b | 9.8x | 11.1x | 6x |
| Sat, 22 Oct 2022 | د.إ531.9b | د.إ84.1b | د.إ44.3b | 10.6x | 12x | 6.3x |
| Mon, 19 Sep 2022 | د.إ551.3b | د.إ84.1b | د.إ44.3b | 11.2x | 12.4x | 6.6x |
| Wed, 17 Aug 2022 | د.إ558.2b | د.إ84.0b | د.إ42.7b | 10.5x | 13.1x | 6.6x |
| Fri, 15 Jul 2022 | د.إ516.7b | د.إ78.8b | د.إ40.7b | 10.4x | 12.7x | 6.6x |
| Sun, 12 Jun 2022 | د.إ546.2b | د.إ78.8b | د.إ40.7b | 11.4x | 13.4x | 6.9x |
| Tue, 10 May 2022 | د.إ586.5b | د.إ78.8b | د.إ40.7b | 12x | 14.4x | 7.4x |
| Thu, 07 Apr 2022 | د.إ606.7b | د.إ73.0b | د.إ35.4b | 13.9x | 17.1x | 8.3x |
| Sat, 05 Mar 2022 | د.إ595.5b | د.إ72.7b | د.إ35.1b | 12.4x | 17x | 8.2x |
| Mon, 31 Jan 2022 | د.إ540.3b | د.إ69.0b | د.إ30.0b | 13.7x | 18x | 7.8x |
| Wed, 29 Dec 2021 | د.إ514.2b | د.إ66.2b | د.إ28.4b | 13x | 18.1x | 7.8x |
Price to Earnings Ratio
18.1x
Current Industry PE
- Investors are pessimistic on the Emirian Diversified 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 7.5x which is lower than its 3-year average PE of 10.1x.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 41% per year over the last three years.
- Revenues for these companies have grown 28% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Emirati Diversified Banks compare with similar industries?
| AE Market | 1.53% | |
| Financials | 1.31% | |
| Banks | 1.33% | |
| Diversified Banks | 1.33% | |
| Regional Banks | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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.إ20.40 | 3.0% +د.إ3.8b | 19.3% | PB1x | |
| FAB First Abu Dhabi Bank P.J.S.C | د.إ13.28 | 1.5% +د.إ2.2b | -3.3% | PB1.1x | |
| ADIB Abu Dhabi Islamic Bank PJSC | د.إ13.80 | 4.1% +د.إ2.0b | 35.3% | PB1.9x | |
| DIB Dubai Islamic Bank P.J.S.C | د.إ7.03 | 3.7% +د.إ1.8b | 23.3% | PB1.1x | |
| ADCB Abu Dhabi Commercial Bank PJSC | د.إ10.22 | 0.6% +د.إ439.1m | 17.1% | PB1x |