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Emirati (ADX) Diversified Banks Industry Analysis

UpdatedApr 18, 2024
DataAggregated Company Financials
Companies18
  • 7D-2.0%
  • 3M-3.6%
  • 1Y7.3%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has remained flat, although notably Commercial Bank International P.S.C gained 15%. As for the the longer term, the industry is up 8.7% over the past 12 months. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Apr 2024د.إ523.4bد.إ125.1bد.إ72.3b8x7.2x4.2x
Sat, 16 Mar 2024د.إ537.2bد.إ125.1bد.إ72.6b8.1x7.4x4.3x
Mon, 12 Feb 2024د.إ549.7bد.إ125.5bد.إ73.0b8x7.5x4.4x
Wed, 10 Jan 2024د.إ553.1bد.إ119.3bد.إ67.4b8.5x8.2x4.6x
Fri, 08 Dec 2023د.إ515.2bد.إ119.3bد.إ67.4b8.2x7.6x4.3x
Sun, 05 Nov 2023د.إ515.2bد.إ119.5bد.إ67.7b8.2x7.6x4.3x
Tue, 03 Oct 2023د.إ530.5bد.إ110.8bد.إ62.3b8.6x8.5x4.8x
Thu, 31 Aug 2023د.إ529.4bد.إ110.8bد.إ62.3b8.6x8.5x4.8x
Sat, 29 Jul 2023د.إ537.9bد.إ110.7bد.إ61.6b8.9x8.7x4.9x
Mon, 26 Jun 2023د.إ503.6bد.إ102.4bد.إ54.2b9.2x9.3x4.9x
Wed, 24 May 2023د.إ485.9bد.إ102.0bد.إ54.0b9.1x9x4.8x
Fri, 21 Apr 2023د.إ485.4bد.إ94.9bد.إ50.2b9.5x9.7x5.1x
Sun, 19 Mar 2023د.إ470.7bد.إ94.4bد.إ50.9b9.4x9.3x5x
Tue, 14 Feb 2023د.إ497.6bد.إ94.4bد.إ50.8b9.7x9.8x5.3x
Thu, 12 Jan 2023د.إ498.5bد.إ88.5bد.إ48.1b9.6x10.4x5.6x
Sat, 10 Dec 2022د.إ512.4bد.إ88.5bد.إ48.1b9.6x10.7x5.8x
Mon, 07 Nov 2022د.إ533.9bد.إ88.7bد.إ47.3b9.6x11.3x6x
Wed, 05 Oct 2022د.إ536.1bد.إ84.1bد.إ44.3b11.1x12.1x6.4x
Fri, 02 Sep 2022د.إ528.8bد.إ84.0bد.إ44.9b10.9x11.8x6.3x
Sun, 31 Jul 2022د.إ544.2bد.إ81.0bد.إ42.6b10.3x12.8x6.7x
Tue, 28 Jun 2022د.إ518.5bد.إ78.8bد.إ40.7b10.8x12.7x6.6x
Thu, 26 May 2022د.إ528.0bد.إ78.8bد.إ40.7b11.1x13x6.7x
Sat, 23 Apr 2022د.إ603.3bد.إ73.8bد.إ36.0b14.3x16.8x8.2x
Mon, 21 Mar 2022د.إ580.7bد.إ72.9bد.إ35.4b13.6x16.4x8x
Wed, 16 Feb 2022د.إ557.6bد.إ72.7bد.إ35.1b12.2x15.9x7.7x
Fri, 14 Jan 2022د.إ523.5bد.إ66.2bد.إ28.4b13.5x18.4x7.9x
Sun, 12 Dec 2021د.إ533.2bد.إ66.2bد.إ28.4b13.1x18.7x8x
Tue, 09 Nov 2021د.إ502.9bد.إ65.4bد.إ29.2b12x17.2x7.7x
Thu, 07 Oct 2021د.إ457.6bد.إ61.6bد.إ25.8b12.4x17.8x7.4x
Sat, 04 Sep 2021د.إ469.8bد.إ61.6bد.إ25.8b12.7x18.2x7.6x
Mon, 02 Aug 2021د.إ458.8bد.إ61.6bد.إ25.8b12.9x17.8x7.4x
Thu, 06 May 2021د.إ412.6bد.إ59.5bد.إ24.9b12.1x16.5x6.9x
Price to Earnings Ratio

16.5x


Total Market Cap: د.إ412.6bTotal Earnings: د.إ24.9bTotal Revenue: د.إ59.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Diversified Banks Industry Price to Earnings3Y Average 12.5x202220232024
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 7.4x which is lower than its 3-year average PE of 12.5x.
  • The 3-year average PS ratio of 6.2x 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 43% 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-0.73%
Financials-2.30%
Banks-2.05%
Diversified Banks-2.05%
Regional Banks0%
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?

CompanyLast Price7D1YValuation
CBI Commercial Bank International P.S.Cد.إ0.7214.9%
+د.إ163.3m		6.5%PB0.5x
RAKBANK National Bank of Ras Al-Khaimah (P.S.C.)د.إ5.100.4%
+د.إ40.2m		17.7%PB1x
UAB United Arab Bank P.J.S.Cد.إ1.160.9%
+د.إ20.6m		39.8%PB1x
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Latest News

CBD

د.إ6.50

Commercial Bank of Dubai PSC

7D

-3.3%

1Y

53.7%

MASQ

د.إ172.00

Mashreqbank PSC

7D

-1.7%

1Y

43.3%

ADIB

د.إ10.92

Abu Dhabi Islamic Bank PJSC

7D

-3.0%

1Y

0.4%

EMIRATESNBD

د.إ16.85

Emirates NBD Bank PJSC

7D

-4.0%

1Y

27.7%

Does Emirates NBD Bank PJSC (DFM:EMIRATESNBD) Deserve A Spot On Your Watchlist?

Mar 30
Does Emirates NBD Bank PJSC (DFM:EMIRATESNBD) Deserve A Spot On Your Watchlist?

RAKBANK

د.إ5.10

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

7D

0.4%

1Y

17.7%

FAB

د.إ12.88

First Abu Dhabi Bank P.J.S.C

7D

-3.6%

1Y

-3.4%

UAB

د.إ1.16

United Arab Bank P.J.S.C

7D

0.9%

1Y

39.8%

DIB

د.إ5.70

Dubai Islamic Bank P.J.S.C

7D

-1.0%

1Y

7.1%

ADCB

د.إ8.30

Abu Dhabi Commercial Bank PJSC

7D

-1.3%

1Y

-4.8%

SIB

د.إ2.21

Sharjah Islamic Bank PJSC

7D

-1.8%

1Y

15.7%

CBI

د.إ0.72

Commercial Bank International P.S.C

7D

14.9%

1Y

6.5%