Abu Dhabi Islamic Bank PJSC (ADX:ADIB) Is Increasing Its Dividend To AED0.4899
Feb 02
Emirati (ADX) Diversified Banks Industry Analysis
UpdatedFeb 08, 2023
DataAggregated Company Financials
Companies18
- 7D4.1%
- 3M-10.1%
- 1Y-8.1%
- YTD-5.0%
The Diversified Banks industry is up 4.6% in the last week, with First Abu Dhabi Bank P.J.S.C up 4.6%. Meanwhile, National Bank of Umm Al-Qaiwain (PSC) actually underperformed within the industry, shrinking 12% in the last week. In the past year, the industry is down 9.1%. As for the next few years, earnings are expected to grow by 4.2% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 08 Feb 2023 | د.إ493.3b | د.إ94.4b | د.إ50.8b | 9.6x | 9.7x | 5.2x |
| Fri, 06 Jan 2023 | د.إ515.5b | د.إ88.5b | د.إ48.1b | 9.5x | 10.7x | 5.8x |
| Sun, 04 Dec 2022 | د.إ531.9b | د.إ88.5b | د.إ48.1b | 9.9x | 11.1x | 6x |
| Tue, 01 Nov 2022 | د.إ534.4b | د.إ88.7b | د.إ47.5b | 9.7x | 11.2x | 6x |
| Thu, 29 Sep 2022 | د.إ529.3b | د.إ84.1b | د.إ44.3b | 11.1x | 12x | 6.3x |
| Sat, 27 Aug 2022 | د.إ555.6b | د.إ84.0b | د.إ44.9b | 11.4x | 12.4x | 6.6x |
| Mon, 25 Jul 2022 | د.إ544.5b | د.إ79.9b | د.إ41.7b | 10.8x | 13x | 6.8x |
| Wed, 22 Jun 2022 | د.إ533.6b | د.إ78.8b | د.إ40.7b | 11.1x | 13.1x | 6.8x |
| Fri, 20 May 2022 | د.إ543.1b | د.إ78.8b | د.إ40.7b | 11.5x | 13.3x | 6.9x |
| Sun, 17 Apr 2022 | د.إ593.3b | د.إ73.0b | د.إ35.4b | 14.3x | 16.8x | 8.1x |
| Tue, 15 Mar 2022 | د.إ582.5b | د.إ72.9b | د.إ35.4b | 13.4x | 16.4x | 8x |
| Thu, 10 Feb 2022 | د.إ542.2b | د.إ72.6b | د.إ35.0b | 12.8x | 15.5x | 7.5x |
| Sat, 08 Jan 2022 | د.إ513.4b | د.إ66.2b | د.إ28.4b | 13.4x | 18x | 7.7x |
| Mon, 06 Dec 2021 | د.إ519.0b | د.إ66.2b | د.إ28.4b | 13.1x | 18.2x | 7.8x |
| Wed, 03 Nov 2021 | د.إ491.1b | د.إ65.5b | د.إ29.4b | 55.7x | 16.7x | 7.5x |
| Fri, 01 Oct 2021 | د.إ479.9b | د.إ61.6b | د.إ25.8b | 12.9x | 18.6x | 7.8x |
| Sun, 29 Aug 2021 | د.إ467.3b | د.إ61.6b | د.إ25.8b | 12.8x | 18.1x | 7.6x |
| Mon, 05 Jul 2021 | د.إ463.7b | د.إ61.6b | د.إ25.8b | 12.8x | 18x | 7.5x |
| Thu, 08 Apr 2021 | د.إ411.2b | د.إ59.5b | د.إ24.9b | 11.1x | 16.5x | 6.9x |
| Sun, 10 Jan 2021 | د.إ394.0b | د.إ58.0b | د.إ23.4b | 12.2x | 16.8x | 6.8x |
| Sat, 03 Oct 2020 | د.إ367.8b | د.إ63.0b | د.إ28.3b | 9.6x | 13x | 5.8x |
| Tue, 07 Jul 2020 | د.إ345.5b | د.إ69.8b | د.إ34.7b | 9x | 10x | 5x |
| Fri, 10 Apr 2020 | د.إ317.1b | د.إ75.2b | د.إ38.6b | 9x | 8.2x | 4.2x |
Price to Earnings Ratio
11.4x
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 9.7x which is lower than its 3-year average PE of 14.2x.
- The 3-year average PS ratio of 6.6x is higher than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 8.6% per year over the last three years.
- Revenues for these companies have grown 6.3% 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 | 0.76% | |
| Financials | 3.83% | |
| Banks | 4.09% | |
| Diversified Banks | 4.09% | |
| 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 | |
|---|---|---|---|---|---|
| FAB First Abu Dhabi Bank P.J.S.C | د.إ14.22 | 4.6% +د.إ6.8b | -27.3% | PB1.4x | |
| EMIRATESNBD Emirates NBD Bank PJSC | د.إ13.65 | 5.4% +د.إ4.4b | -0.4% | PB0.9x | |
| MASQ Mashreqbank PSC | د.إ120.00 | 20.0% +د.إ4.0b | 57.9% | PB1x | |
| ADCB Abu Dhabi Commercial Bank PJSC | د.إ8.80 | 4.6% +د.إ2.7b | -4.8% | PB1x | |
| DIB Dubai Islamic Bank P.J.S.C | د.إ5.62 | 1.3% +د.إ505.9m | 0.7% | PB1x |