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Emirati (ADX) Capital Markets Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies9
  • 7D-1.6%
  • 3M-0.2%
  • 1Y-0.8%
  • YTD-3.0%

Over the last 7 days, the Capital Markets industry has dropped 1.9%, driven by a pullback from Dubai Financial Market P.J.S.C of 2.9%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to decline by 6.3% per year.

Industry Valuation and Performance

Has the Emirati Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025د.إ22.3bد.إ2.0bد.إ1.9b9.2x11.5x11x
Fri, 21 Nov 2025د.إ21.8bد.إ2.0bد.إ1.9b9.3x11.3x10.8x
Sun, 19 Oct 2025د.إ21.8bد.إ2.0bد.إ1.8b9.5x11.9x11.1x
Tue, 16 Sep 2025د.إ22.7bد.إ2.0bد.إ1.9b8.7x12x11.3x
Thu, 14 Aug 2025د.إ23.2bد.إ2.0bد.إ1.8b8x12.6x11.5x
Sat, 12 Jul 2025د.إ23.5bد.إ1.7bد.إ1.2b10x19.6x14.1x
Mon, 09 Jun 2025د.إ22.0bد.إ1.7bد.إ1.2b10x18.4x13.2x
Wed, 07 May 2025د.إ19.8bد.إ1.8bد.إ1.3b8.7x15.1x11.2x
Fri, 04 Apr 2025د.إ18.6bد.إ1.7bد.إ1.3b8.9x14.5x10.7x
Sun, 02 Mar 2025د.إ19.9bد.إ1.7bد.إ1.3b9.6x15.6x11.5x
Tue, 28 Jan 2025د.إ22.0bد.إ1.8bد.إ1.5b10.5x15.1x12.5x
Thu, 26 Dec 2024د.إ21.2bد.إ1.8bد.إ1.5b10.6x14.5x12.1x
Sat, 23 Nov 2024د.إ17.9bد.إ1.6bد.إ961.0m11.3x18.6x11.1x
Mon, 21 Oct 2024د.إ17.1bد.إ1.6bد.إ948.1m14.6x18x10.8x
Wed, 18 Sep 2024د.إ17.6bد.إ1.6bد.إ948.1m16.3x18.5x11.1x
Fri, 16 Aug 2024د.إ17.3bد.إ1.4bد.إ887.9m18x19.5x11.9x
Sun, 14 Jul 2024د.إ17.0bد.إ1.4bد.إ867.7m15.4x19.6x12.1x
Tue, 11 Jun 2024د.إ17.5bد.إ1.4bد.إ867.7m15.5x20.1x12.4x
Thu, 09 May 2024د.إ18.0bد.إ1.5bد.إ946.1m14.1x19.1x12.3x
Sat, 06 Apr 2024د.إ18.9bد.إ1.4bد.إ892.0m14.1x21.1x13.4x
Mon, 04 Mar 2024د.إ17.9bد.إ1.4bد.إ877.1m14.6x20.4x12.7x
Wed, 31 Jan 2024د.إ18.0bد.إ1.3bد.إ793.0m21.3x22.6x13.6x
Fri, 29 Dec 2023د.إ20.0bد.إ1.3bد.إ748.8m12x26.7x15.1x
Sun, 26 Nov 2023د.إ21.9bد.إ1.6bد.إ829.7m12.1x26.3x13.7x
Tue, 24 Oct 2023د.إ13.0bد.إ1.1bد.إ388.3m15.4x33.4x12x
Thu, 21 Sep 2023د.إ16.2bد.إ1.1bد.إ388.3m16.7x41.7x15x
Sat, 19 Aug 2023د.إ16.3bد.إ1.1bد.إ388.3m16.7x42x15.1x
Mon, 17 Jul 2023د.إ15.7bد.إ996.6mد.إ241.4m22x64.9x15.7x
Wed, 14 Jun 2023د.إ14.0bد.إ996.6mد.إ241.4m22.9x58x14x
Fri, 12 May 2023د.إ14.5bد.إ978.3mد.إ156.6m24.9x92.6x14.8x
Sun, 09 Apr 2023د.إ12.6bد.إ956.5mد.إ142.9m19x87.9x13.1x
Tue, 07 Mar 2023د.إ14.4bد.إ893.0mد.إ570.4k11.9x25193.9x16.1x
Thu, 02 Feb 2023د.إ14.5bد.إ970.1mد.إ163.8m14.7x88.8x15x
Sat, 31 Dec 2022د.إ15.0bد.إ970.1mد.إ163.8m14.8x91.7x15.5x
Price to Earnings Ratio

91.7x


Total Market Cap: د.إ15.0bTotal Earnings: د.إ163.8mTotal Revenue: د.إ970.1mTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Capital Markets Industry Price to Earnings3Y Average 148.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Emirian Capital Markets 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 11.5x which is lower than its 3-year average PE of 149x.
  • The 3-year average PS ratio of 12.9x is higher than the industry's current PS ratio of 11.0x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 128% 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 Trends

Which industries have driven the changes within the Emirati Financials industry?

AE Market0.70%
Financials2.26%
Capital Markets-1.58%
Asset Management0.76%
Investment Banking and Brokerage0.31%
Diversified Capital Markets-1.75%
Financial Exchanges and Data-2.94%
Industry PE
  • Investors are most optimistic about the Diversified Capital Markets industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Asset Management industry, which is trading below its 3-year average of 10.0x.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings decline by 13% 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
WAHA Al Waha Capital PJSCد.إ1.773.5%
+د.إ112.1m
17.2%PE7.5x
SHUAA SHUAA Capital PSCد.إ0.230.4%
+د.إ3.7m
3.6%PE22.5x
BHMCAPITAL BHM Capital Financial Services PSCد.إ0.900.9%
+د.إ3.2m
-51.2%PE8.4x

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