Emirati (ADX) Insurance Industry Analysis
UpdatedDec 04, 2023
DataAggregated Company Financials
Companies27
- 7D-1.3%
- 3M-4.7%
- 1Y-8.3%
- YTD-5.6%
Over the last 7 days, the Insurance industry has dropped 1.3%, driven by a pullback from Abu Dhabi National Insurance Company PJSC of 2.4%. Overall the industry is down 8.3% in 12 months.
Industry Valuation and Performance
Has the Emirati Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | د.إ14.1b | د.إ12.1b | د.إ951.1m | 9.7x | 14.8x | 1.2x |
| Wed, 01 Nov 2023 | د.إ14.0b | د.إ12.7b | د.إ866.9m | 9.4x | 16.2x | 1.1x |
| Fri, 29 Sep 2023 | د.إ14.7b | د.إ11.8b | د.إ843.9m | 10.5x | 17.4x | 1.2x |
| Sun, 27 Aug 2023 | د.إ15.1b | د.إ11.5b | د.إ838.1m | 14.7x | 18x | 1.3x |
| Tue, 25 Jul 2023 | د.إ14.8b | د.إ10.9b | د.إ800.5m | 14.8x | 18.5x | 1.4x |
| Thu, 22 Jun 2023 | د.إ14.7b | د.إ11.1b | د.إ769.8m | 16.7x | 19.1x | 1.3x |
| Sat, 20 May 2023 | د.إ14.5b | د.إ10.8b | د.إ929.8m | 11.8x | 15.6x | 1.3x |
| Mon, 17 Apr 2023 | د.إ14.5b | د.إ10.6b | د.إ912.3m | 16.7x | 15.9x | 1.4x |
| Wed, 15 Mar 2023 | د.إ14.7b | د.إ10.4b | د.إ963.5m | 15.1x | 15.2x | 1.4x |
| Fri, 10 Feb 2023 | د.إ14.7b | د.إ10.3b | د.إ944.0m | 12.1x | 15.5x | 1.4x |
| Sun, 08 Jan 2023 | د.إ14.7b | د.إ10.3b | د.إ951.5m | 13.1x | 15.4x | 1.4x |
| Tue, 06 Dec 2022 | د.إ15.1b | د.إ10.3b | د.إ951.5m | 14x | 15.9x | 1.5x |
| Thu, 03 Nov 2022 | د.إ15.1b | د.إ10.2b | د.إ1.1b | 13.8x | 13.5x | 1.5x |
| Sat, 01 Oct 2022 | د.إ15.4b | د.إ10.2b | د.إ1.1b | 15.8x | 13.6x | 1.5x |
| Mon, 29 Aug 2022 | د.إ15.6b | د.إ10.2b | د.إ1.1b | 14.8x | 13.8x | 1.5x |
| Wed, 27 Jul 2022 | د.إ15.9b | د.إ10.5b | د.إ1.4b | 13.9x | 11.4x | 1.5x |
| Fri, 24 Jun 2022 | د.إ15.7b | د.إ10.5b | د.إ1.4b | 13.1x | 11.3x | 1.5x |
| Sun, 22 May 2022 | د.إ15.6b | د.إ10.5b | د.إ1.4b | 13x | 11x | 1.5x |
| Tue, 19 Apr 2022 | د.إ16.0b | د.إ10.3b | د.إ1.4b | 15x | 11.2x | 1.6x |
| Thu, 17 Mar 2022 | د.إ15.7b | د.إ10.9b | د.إ1.4b | 10.6x | 10.9x | 1.4x |
| Sat, 12 Feb 2022 | د.إ15.1b | د.إ10.6b | د.إ1.4b | 11.2x | 10.6x | 1.4x |
| Mon, 10 Jan 2022 | د.إ15.0b | د.إ10.6b | د.إ1.4b | 10.1x | 10.5x | 1.4x |
| Wed, 08 Dec 2021 | د.إ14.5b | د.إ10.6b | د.إ1.4b | 12.3x | 10.7x | 1.4x |
| Fri, 05 Nov 2021 | د.إ14.3b | د.إ10.7b | د.إ1.6b | 10.4x | 9.1x | 1.3x |
| Sun, 03 Oct 2021 | د.إ13.8b | د.إ10.3b | د.إ1.6b | 9.7x | 8.7x | 1.3x |
| Tue, 31 Aug 2021 | د.إ14.2b | د.إ10.7b | د.إ1.6b | 10.4x | 9x | 1.3x |
| Wed, 07 Jul 2021 | د.إ14.4b | د.إ10.7b | د.إ1.6b | 10x | 9.1x | 1.3x |
| Sat, 10 Apr 2021 | د.إ14.0b | د.إ10.5b | د.إ1.7b | 8.2x | 8.2x | 1.3x |
| Fri, 01 Jan 2021 | د.إ14.2b | د.إ10.3b | د.إ1.4b | 9.8x | 10.1x | 1.4x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are optimistic on the Emirian Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.8x which is higher than its 3-year average PE of 12.6x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.0% 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 | -0.42% | |
| Financials | -0.27% | |
| Insurance | -1.29% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| Property and Casualty Insurance | -1.14% | |
| General Insurance | -1.18% | |
| Life and Health Insurance | -6.23% | |
Industry PE
- Investors are most optimistic about the General Insurance industry, which is trading close to its 3-year average PE ratio of 11.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NGI National General Insurance (P.J.S.C.) | د.إ4.02 | 0.8% +د.إ4.5m | 3.9% | PE9.6x |