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Emirati (ADX) Capital Markets Industry Analysis

UpdatedMar 26, 2024
DataAggregated Company Financials
Companies7
  • 7D5.4%
  • 3M4.4%
  • 1Y13.1%
  • YTD4.8%

In the last week, the Capital Markets industry is up 6.4%, with Dubai Financial Market P.J.S.C up 9.0%. In the last 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Mar 2024د.إ18.9bد.إ1.4bد.إ877.0m16x21.5x13.4x
Thu, 22 Feb 2024د.إ18.0bد.إ1.4bد.إ862.9m14.4x20.8x12.9x
Sat, 20 Jan 2024د.إ18.1bد.إ1.3bد.إ793.0m19.8x22.8x13.7x
Mon, 18 Dec 2023د.إ20.0bد.إ1.3bد.إ734.0m12x27.3x15.5x
Wed, 15 Nov 2023د.إ14.0bد.إ1.2bد.إ458.8m12x30.6x12x
Fri, 13 Oct 2023د.إ15.3bد.إ1.1bد.إ388.3m16.7x39.4x14.2x
Sun, 10 Sep 2023د.إ16.0bد.إ1.1bد.إ388.3m16.7x41.3x14.9x
Tue, 08 Aug 2023د.إ15.6bد.إ1.1bد.إ287.9m25x54.2x14.8x
Thu, 06 Jul 2023د.إ15.2bد.إ996.6mد.إ241.4m22.9x62.8x15.2x
Sat, 03 Jun 2023د.إ13.8bد.إ996.6mد.إ241.4m22.9x57.1x13.8x
Mon, 01 May 2023د.إ14.4bد.إ978.3mد.إ156.6m21x91.6x14.7x
Wed, 29 Mar 2023د.إ12.3bد.إ962.3mد.إ158.0m19x77.6x12.7x
Fri, 24 Feb 2023د.إ14.2bد.إ893.0mد.إ48.5m11.9x293.1x15.9x
Sun, 22 Jan 2023د.إ14.5bد.إ970.1mد.إ163.8m14.7x88.8x15x
Tue, 20 Dec 2022د.إ15.2bد.إ970.1mد.إ163.8m13.3x92.8x15.7x
Thu, 17 Nov 2022د.إ15.3bد.إ913.8mد.إ151.6m13.3x100.9x16.7x
Sat, 15 Oct 2022د.إ14.2bد.إ962.8mد.إ105.9m11.8x134.4x14.8x
Mon, 12 Sep 2022د.إ16.2bد.إ962.8mد.إ105.9m9.6x152.7x16.8x
Wed, 10 Aug 2022د.إ16.9bد.إ955.7mد.إ180.6m60.1x93.8x17.7x
Fri, 08 Jul 2022د.إ15.2bد.إ934.3mد.إ160.0m62.7x95.1x16.3x
Sun, 05 Jun 2022د.إ23.5bد.إ991.7mد.إ1.4b11.9x16.2x23.7x
Tue, 03 May 2022د.إ27.0bد.إ1.0bد.إ1.5b11.9x18x25.7x
Thu, 31 Mar 2022د.إ25.0bد.إ1.1bد.إ1.1b12x22.4x23x
Sat, 26 Feb 2022د.إ23.2bد.إ1.1bد.إ1.1b15.6x21x21.5x
Mon, 24 Jan 2022د.إ25.2bد.إ868.4mد.إ1.2b16.4x21.6x29x
Wed, 22 Dec 2021د.إ24.8bد.إ868.4mد.إ1.2b16.8x21.3x28.5x
Fri, 19 Nov 2021د.إ27.7bد.إ869.3mد.إ1.2b15.1x23.8x31.8x
Sun, 17 Oct 2021د.إ12.8bد.إ925.1mد.إ1.2b14.3x10.4x13.9x
Tue, 14 Sep 2021د.إ13.8bد.إ966.7mد.إ1.2b14.5x11.1x14.3x
Thu, 12 Aug 2021د.إ13.4bد.إ966.7mد.إ1.2b15x10.8x13.9x
Mon, 07 Jun 2021د.إ13.4bد.إ990.9mد.إ990.2m7.5x13.5x13.5x
Price to Earnings Ratio

12.8x


Total Market Cap: د.إ12.7bTotal Earnings: د.إ990.2mTotal Revenue: د.إ990.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Capital Markets Industry Price to Earnings3Y Average 166x202220232024
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 21.6x which is lower than its 3-year average PE of 166x.
  • The 3-year average PS ratio of 17.0x is higher than the industry's current PS ratio of 13.4x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have declined 4.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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 Market0.44%
Financials1.30%
Capital Markets5.40%
Financial Exchanges and Data8.27%
Investment Banking and Brokerage3.59%
Asset Management1.13%
Diversified Capital Markets-3.85%
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 111x.
    • Analysts are expecting annual earnings growth of 15.3%, which is lower than the prior year's growth of 123.9% 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.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 5.9% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 15% 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
DFM Dubai Financial Market P.J.S.Cد.إ1.448.3%
+د.إ879.5m
16.1%PE35x
ICAP Investcorp Capitalد.إ2.101.4%
+د.إ65.7m
n/aPE11.8x
BHMCAPITAL BHM Capital Financial Services PSCد.إ3.509.7%
+د.إ50.1m
159.3%PE16x
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Latest News

DFM

د.إ1.44

Dubai Financial Market P.J.S.C

7D

8.3%

1Y

16.1%

SHUAA

د.إ0.13

SHUAA Capital PSC

7D

-3.8%

1Y

-65.4%

BHMCAPITAL

د.إ3.50

BHM Capital Financial Services PSC

7D

9.7%

1Y

159.3%

ICAP

د.إ2.10

Investcorp Capital

7D

1.4%

1Y

n/a