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Emirati (ADX) Capital Markets Industry Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies7
- 7D0.7%
- 3M0.8%
- 1Y-9.9%
- YTD-2.1%
In the last week, the Capital Markets industry is flat overall, with Al Ramz Corporation Investment and Development P.J.S.C standing out by going down 3.2%. As for the longer term, the industry has declined 9.9% in the last year. Earnings are forecast to grow by 8.5% annually.
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, 15 Oct 2024 | د.إ17.4b | د.إ1.6b | د.إ948.1m | 16.5x | 18.4x | 11x |
| Thu, 12 Sep 2024 | د.إ17.6b | د.إ1.4b | د.إ882.0m | 17.4x | 19.9x | 12.1x |
| Sat, 10 Aug 2024 | د.إ17.2b | د.إ1.4b | د.إ879.2m | 16.8x | 19.6x | 12x |
| Mon, 08 Jul 2024 | د.إ17.1b | د.إ1.4b | د.إ867.7m | 15.4x | 19.7x | 12.2x |
| Wed, 05 Jun 2024 | د.إ17.6b | د.إ1.4b | د.إ867.6m | 15.5x | 20.2x | 12.5x |
| Fri, 03 May 2024 | د.إ18.1b | د.إ1.5b | د.إ946.1m | 14.1x | 19.1x | 12.3x |
| Sun, 31 Mar 2024 | د.إ19.0b | د.إ1.4b | د.إ892.0m | 14.4x | 21.3x | 13.5x |
| Tue, 27 Feb 2024 | د.إ17.7b | د.إ1.4b | د.إ862.9m | 14.4x | 20.5x | 12.7x |
| Thu, 25 Jan 2024 | د.إ18.1b | د.إ1.3b | د.إ793.0m | 19.8x | 22.9x | 13.8x |
| Sat, 23 Dec 2023 | د.إ19.9b | د.إ1.3b | د.إ734.0m | 12x | 27.2x | 15.4x |
| Mon, 20 Nov 2023 | د.إ21.7b | د.إ1.6b | د.إ829.7m | 12.1x | 26.2x | 13.6x |
| Wed, 18 Oct 2023 | د.إ14.9b | د.إ1.1b | د.إ388.3m | 16.7x | 38.4x | 13.9x |
| Fri, 15 Sep 2023 | د.إ15.9b | د.إ1.1b | د.إ388.3m | 16.7x | 40.8x | 14.7x |
| Sun, 13 Aug 2023 | د.إ15.6b | د.إ1.0b | د.إ387.2m | 11x | 40.4x | 15.1x |
| Tue, 11 Jul 2023 | د.إ15.0b | د.إ996.6m | د.إ241.4m | 22x | 61.9x | 15x |
| Thu, 08 Jun 2023 | د.إ14.3b | د.إ996.6m | د.إ241.4m | 22x | 59.3x | 14.4x |
| Sat, 06 May 2023 | د.إ14.9b | د.إ978.3m | د.إ156.6m | 24.9x | 94.8x | 15.2x |
| Mon, 03 Apr 2023 | د.إ12.5b | د.إ956.5m | د.إ142.9m | 21x | 87.2x | 13x |
| Wed, 01 Mar 2023 | د.إ14.3b | د.إ893.0m | د.إ48.5m | 11.9x | 294.5x | 16x |
| Fri, 27 Jan 2023 | د.إ14.5b | د.إ970.1m | د.إ163.8m | 14.7x | 88.6x | 15x |
| Sun, 25 Dec 2022 | د.إ15.2b | د.إ970.1m | د.إ163.8m | 13.3x | 92.6x | 15.6x |
| Tue, 22 Nov 2022 | د.إ15.4b | د.إ981.6m | د.إ173.0m | 13.3x | 88.8x | 15.6x |
| Thu, 20 Oct 2022 | د.إ14.2b | د.إ962.8m | د.إ105.9m | 11.8x | 134.5x | 14.8x |
| Sat, 17 Sep 2022 | د.إ16.7b | د.إ962.8m | د.إ105.9m | 9.4x | 157.4x | 17.3x |
| Mon, 15 Aug 2022 | د.إ17.1b | د.إ948.7m | د.إ174.3m | 60.7x | 97.8x | 18x |
| Wed, 13 Jul 2022 | د.إ15.0b | د.إ934.3m | د.إ160.0m | 61.5x | 93.4x | 16x |
| Fri, 10 Jun 2022 | د.إ22.1b | د.إ991.7m | د.إ1.4b | 11.9x | 15.3x | 22.3x |
| Sun, 08 May 2022 | د.إ27.2b | د.إ1.0b | د.إ1.5b | 11.9x | 18.1x | 25.9x |
| Tue, 05 Apr 2022 | د.إ26.4b | د.إ1.0b | د.إ1.5b | 11.9x | 17.7x | 25.3x |
| Thu, 03 Mar 2022 | د.إ24.6b | د.إ1.1b | د.إ1.1b | 15.6x | 22.2x | 22.8x |
| Sat, 29 Jan 2022 | د.إ24.4b | د.إ868.4m | د.إ1.2b | 16.4x | 21x | 28.1x |
| Mon, 27 Dec 2021 | د.إ24.7b | د.إ868.4m | د.إ1.2b | 19.8x | 21.2x | 28.5x |
| Wed, 24 Nov 2021 | د.إ25.5b | د.إ868.4m | د.إ1.2b | 15.3x | 21.9x | 29.3x |
| Fri, 22 Oct 2021 | د.إ13.3b | د.إ925.1m | د.إ1.2b | 14.3x | 10.7x | 14.4x |
Price to Earnings Ratio
10.7x
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 18.4x which is lower than its 3-year average PE of 167x.
- The 3-year average PS ratio of 16.7x 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 declined 8.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 20% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Emirati Financials industry?
| AE Market | 1.17% | |
| Financials | 0.25% | |
| Capital Markets | 0.66% | |
| Asset Management | 1.92% | |
| Investment Banking and Brokerage | 1.41% | |
| Financial Exchanges and Data | 0% | |
| Diversified Capital Markets | -2.63% | |
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 102x.
- Analysts are expecting annual earnings growth of 7.3%, which is lower than the prior year's growth of 103.4% 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 1.1x.
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 26% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 7.3% 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 | |
|---|---|---|---|---|---|
| BHMCAPITAL BHM Capital Financial Services PSC | د.إ3.54 | 4.1% +د.إ24.3m | 136.0% | PE16.4x |