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Emirati (ADX) Capital Markets Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies8
- 7D0.1%
- 3M11.7%
- 1Y2.7%
- YTD2.1%
Over the last 7 days, the Capital Markets industry has remained flat, although notably SHUAA Capital PSC declined by 4.6%. The past year has been better, since the industry has gained 3.0% in that time. As for the next few years, earnings are expected to grow by 7.5% per annum.
Industry Valuation and Performance
Has the Emirati Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | د.إ22.0b | د.إ1.8b | د.إ1.5b | 10.7x | 15.1x | 12.5x |
| Thu, 19 Dec 2024 | د.إ21.6b | د.إ1.8b | د.إ1.5b | 10.7x | 14.8x | 12.3x |
| Sat, 16 Nov 2024 | د.إ17.5b | د.إ1.6b | د.إ964.6m | 12.5x | 18.1x | 10.9x |
| Mon, 14 Oct 2024 | د.إ17.4b | د.إ1.6b | د.إ948.1m | 16.5x | 18.4x | 11x |
| Wed, 11 Sep 2024 | د.إ17.5b | د.إ1.4b | د.إ882.0m | 17.4x | 19.9x | 12.1x |
| Fri, 09 Aug 2024 | د.إ17.0b | د.إ1.4b | د.إ879.2m | 17.3x | 19.3x | 11.9x |
| Sun, 07 Jul 2024 | د.إ17.1b | د.إ1.4b | د.إ867.7m | 15.4x | 19.7x | 12.2x |
| Tue, 04 Jun 2024 | د.إ17.6b | د.إ1.4b | د.إ867.7m | 15.5x | 20.3x | 12.5x |
| Thu, 02 May 2024 | د.إ18.2b | د.إ1.5b | د.إ946.0m | 14.1x | 19.3x | 12.4x |
| Sat, 30 Mar 2024 | د.إ19.0b | د.إ1.4b | د.إ892.0m | 14.4x | 21.3x | 13.5x |
| Mon, 26 Feb 2024 | د.إ17.7b | د.إ1.4b | د.إ862.9m | 14.4x | 20.5x | 12.6x |
| Wed, 24 Jan 2024 | د.إ18.2b | د.إ1.3b | د.إ793.0m | 19.8x | 22.9x | 13.8x |
| Fri, 22 Dec 2023 | د.إ19.9b | د.إ1.3b | د.إ734.1m | 12x | 27.1x | 15.4x |
| Sun, 19 Nov 2023 | د.إ21.7b | د.إ1.2b | د.إ414.6m | 12x | 52.4x | 18.7x |
| Tue, 17 Oct 2023 | د.إ14.9b | د.إ1.1b | د.إ388.3m | 16.7x | 38.4x | 13.9x |
| Thu, 14 Sep 2023 | د.إ15.9b | د.إ1.1b | د.إ388.3m | 16.7x | 41x | 14.8x |
| Sat, 12 Aug 2023 | د.إ15.6b | د.إ1.0b | د.إ280.7m | 32.5x | 55.7x | 14.9x |
| Mon, 10 Jul 2023 | د.إ15.0b | د.إ996.6m | د.إ241.4m | 22.9x | 62.1x | 15x |
| Wed, 07 Jun 2023 | د.إ14.0b | د.إ996.6m | د.إ241.4m | 21.1x | 57.9x | 14x |
| Fri, 05 May 2023 | د.إ14.6b | د.إ978.3m | د.إ156.6m | 24x | 93x | 14.9x |
| Sun, 02 Apr 2023 | د.إ12.5b | د.إ956.5m | د.إ142.9m | 21x | 87.2x | 13x |
| Tue, 28 Feb 2023 | د.إ14.0b | د.إ893.0m | د.إ48.5m | 11.9x | 289.4x | 15.7x |
| Thu, 26 Jan 2023 | د.إ14.7b | د.إ970.1m | د.إ163.8m | 14.7x | 89.6x | 15.1x |
| Sat, 24 Dec 2022 | د.إ15.2b | د.إ970.1m | د.إ163.8m | 13.3x | 92.6x | 15.6x |
| Mon, 21 Nov 2022 | د.إ15.3b | د.إ981.6m | د.إ173.0m | 13.3x | 88.3x | 15.6x |
| Wed, 19 Oct 2022 | د.إ14.3b | د.إ962.8m | د.إ105.9m | 11.8x | 134.6x | 14.8x |
| Fri, 16 Sep 2022 | د.إ16.7b | د.إ962.8m | د.إ105.9m | 9.4x | 157.5x | 17.3x |
| Sun, 14 Aug 2022 | د.إ17.1b | د.إ948.7m | د.إ174.3m | 60.7x | 97.8x | 18x |
| Tue, 12 Jul 2022 | د.إ15.2b | د.إ934.3m | د.إ160.0m | 62.7x | 95.1x | 16.3x |
| Thu, 09 Jun 2022 | د.إ22.3b | د.إ991.7m | د.إ1.4b | 11.9x | 15.4x | 22.5x |
| Sat, 07 May 2022 | د.إ27.6b | د.إ1.0b | د.إ1.5b | 11.9x | 18.4x | 26.3x |
| Mon, 04 Apr 2022 | د.إ25.1b | د.إ1.0b | د.إ1.5b | 11.9x | 16.8x | 24.1x |
| Wed, 02 Mar 2022 | د.إ24.3b | د.إ1.1b | د.إ1.1b | 15.6x | 21.9x | 22.5x |
| Fri, 28 Jan 2022 | د.إ24.4b | د.إ868.4m | د.إ1.2b | 16.4x | 20.9x | 28.1x |
Price to Earnings Ratio
20.9x
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 15.0x which is lower than its 3-year average PE of 167x.
- The 3-year average PS ratio of 15.4x is higher than the industry's current PS ratio of 12.5x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 7.9% per year over the last three years.
- Revenues for these companies have grown 26% 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 Market | -0.0071% | |
| Financials | 0.66% | |
| Capital Markets | 0.12% | |
| Financial Exchanges and Data | 0.64% | |
| Asset Management | -0.22% | |
| Investment Banking and Brokerage | -0.30% | |
| Diversified Capital Markets | -4.58% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry even though it's trading below its 3-year average PE ratio of 77.3x.
- Analysts are expecting annual earnings growth of 6.4%, which is lower than the prior year's growth of 71.3% per year.
- Investors are most pessimistic about the Asset Management industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.7x.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 11% over the next 5 years.
- However this is lower than its past earnings growth rate of 20% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 6.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DFM Dubai Financial Market P.J.S.C | د.إ1.59 | 1.9% +د.إ239.9m | 15.2% | PE30.4x | |
| ICAP Investcorp Capital | د.إ1.97 | 0.5% +د.إ21.9m | -7.1% | PE11.3x | |
| SHUAA SHUAA Capital PSC | د.إ0.25 | 0.8% +د.إ5.1m | 11.5% | PB3.5x |