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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Feb 2023د.إ493.3bد.إ94.4bد.إ50.8b9.6x9.7x5.2x
Fri, 06 Jan 2023د.إ515.5bد.إ88.5bد.إ48.1b9.5x10.7x5.8x
Sun, 04 Dec 2022د.إ531.9bد.إ88.5bد.إ48.1b9.9x11.1x6x
Tue, 01 Nov 2022د.إ534.4bد.إ88.7bد.إ47.5b9.7x11.2x6x
Thu, 29 Sep 2022د.إ529.3bد.إ84.1bد.إ44.3b11.1x12x6.3x
Sat, 27 Aug 2022د.إ555.6bد.إ84.0bد.إ44.9b11.4x12.4x6.6x
Mon, 25 Jul 2022د.إ544.5bد.إ79.9bد.إ41.7b10.8x13x6.8x
Wed, 22 Jun 2022د.إ533.6bد.إ78.8bد.إ40.7b11.1x13.1x6.8x
Fri, 20 May 2022د.إ543.1bد.إ78.8bد.إ40.7b11.5x13.3x6.9x
Sun, 17 Apr 2022د.إ593.3bد.إ73.0bد.إ35.4b14.3x16.8x8.1x
Tue, 15 Mar 2022د.إ582.5bد.إ72.9bد.إ35.4b13.4x16.4x8x
Thu, 10 Feb 2022د.إ542.2bد.إ72.6bد.إ35.0b12.8x15.5x7.5x
Sat, 08 Jan 2022د.إ513.4bد.إ66.2bد.إ28.4b13.4x18x7.7x
Mon, 06 Dec 2021د.إ519.0bد.إ66.2bد.إ28.4b13.1x18.2x7.8x
Wed, 03 Nov 2021د.إ491.1bد.إ65.5bد.إ29.4b55.7x16.7x7.5x
Fri, 01 Oct 2021د.إ479.9bد.إ61.6bد.إ25.8b12.9x18.6x7.8x
Sun, 29 Aug 2021د.إ467.3bد.إ61.6bد.إ25.8b12.8x18.1x7.6x
Mon, 05 Jul 2021د.إ463.7bد.إ61.6bد.إ25.8b12.8x18x7.5x
Thu, 08 Apr 2021د.إ411.2bد.إ59.5bد.إ24.9b11.1x16.5x6.9x
Sun, 10 Jan 2021د.إ394.0bد.إ58.0bد.إ23.4b12.2x16.8x6.8x
Sat, 03 Oct 2020د.إ367.8bد.إ63.0bد.إ28.3b9.6x13x5.8x
Tue, 07 Jul 2020د.إ345.5bد.إ69.8bد.إ34.7b9x10x5x
Fri, 10 Apr 2020د.إ317.1bد.إ75.2bد.إ38.6b9x8.2x4.2x
Price to Earnings Ratio

11.4x


Total Market Cap: د.إ451.4bTotal Earnings: د.إ39.6bTotal Revenue: د.إ78.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Diversified Banks Industry Price to Earnings3Y Average 14.2x202120222023
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 Market0.76%
Financials3.83%
Banks4.09%
Diversified Banks4.09%
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
FAB First Abu Dhabi Bank P.J.S.Cد.إ14.224.6%
+د.إ6.8b
-27.3%PB1.4x
EMIRATESNBD Emirates NBD Bank PJSCد.إ13.655.4%
+د.إ4.4b
-0.4%PB0.9x
MASQ Mashreqbank PSCد.إ120.0020.0%
+د.إ4.0b
57.9%PB1x
ADCB Abu Dhabi Commercial Bank PJSCد.إ8.804.6%
+د.إ2.7b
-4.8%PB1x
DIB Dubai Islamic Bank P.J.S.Cد.إ5.621.3%
+د.إ505.9m
0.7%PB1x
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Latest News

MASQ

د.إ120.00

Mashreqbank PSC

7D

20.0%

1Y

57.9%

CBD

د.إ5.09

Commercial Bank of Dubai PSC

7D

2.8%

1Y

1.8%

ADCB

د.إ8.80

Abu Dhabi Commercial Bank PJSC

7D

4.6%

1Y

-4.8%

EMIRATESNBD

د.إ13.65

Emirates NBD Bank PJSC

7D

5.4%

1Y

-0.4%

FAB

د.إ14.22

First Abu Dhabi Bank P.J.S.C

7D

4.6%

1Y

-27.3%

DIB

د.إ5.62

Dubai Islamic Bank P.J.S.C

7D

1.3%

1Y

0.7%

RAKBANK

د.إ4.97

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

7D

3.5%

1Y

-0.6%