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Emirati (ADX) Industrials Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies24
- 7D-0.06%
- 3M-0.7%
- 1Y-6.1%
- YTD-5.9%
Last week, the Industrials industry hasn't moved much but Abu Dhabi Ship Building PJSC is up 39% in that time. Unfortunately though, the industry is down 6.1% over the past 12 months. As for the next few years, earnings are expected to grow by 8.8% per annum.
Sector Valuation and Performance
Has the Emirati Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 Nov 2024 | د.إ1.2t | د.إ230.9b | د.إ51.2b | 13.5x | 23.7x | 5.3x |
| Sun, 20 Oct 2024 | د.إ1.2t | د.إ216.1b | د.إ49.5b | 18.6x | 24.9x | 5.7x |
| Tue, 17 Sep 2024 | د.إ1.3t | د.إ217.3b | د.إ49.7b | 19.1x | 25.5x | 5.8x |
| Thu, 15 Aug 2024 | د.إ1.2t | د.إ202.8b | د.إ49.6b | 17x | 24.9x | 6.1x |
| Sat, 13 Jul 2024 | د.إ1.2t | د.إ179.2b | د.إ41.9b | 22x | 29.7x | 6.9x |
| Mon, 10 Jun 2024 | د.إ1.2t | د.إ179.2b | د.إ41.9b | 20.7x | 29.5x | 6.9x |
| Wed, 08 May 2024 | د.إ1.2t | د.إ174.5b | د.إ42.0b | 21.3x | 29.5x | 7.1x |
| Fri, 05 Apr 2024 | د.إ1.3t | د.إ171.9b | د.إ47.6b | 21.2x | 26.4x | 7.3x |
| Sun, 03 Mar 2024 | د.إ1.2t | د.إ168.6b | د.إ46.1b | 21x | 26.7x | 7.3x |
| Tue, 30 Jan 2024 | د.إ1.2t | د.إ164.6b | د.إ40.4b | 16.7x | 30.5x | 7.5x |
| Thu, 28 Dec 2023 | د.إ1.2t | د.إ164.5b | د.إ40.8b | 16.6x | 30.4x | 7.5x |
| Sat, 25 Nov 2023 | د.إ1.2t | د.إ163.0b | د.إ40.5b | 18.5x | 30.7x | 7.6x |
| Mon, 23 Oct 2023 | د.إ1.2t | د.إ157.7b | د.إ43.9b | 13.6x | 28.2x | 7.8x |
| Wed, 20 Sep 2023 | د.إ1.3t | د.إ157.6b | د.إ53.1b | 16.2x | 24.6x | 8.3x |
| Fri, 18 Aug 2023 | د.إ1.3t | د.إ157.8b | د.إ53.1b | 15x | 24.2x | 8.1x |
| Sun, 16 Jul 2023 | د.إ1.3t | د.إ152.4b | د.إ54.0b | 14x | 23.4x | 8.3x |
| Tue, 13 Jun 2023 | د.إ1.2t | د.إ152.6b | د.إ54.0b | 12.6x | 22.8x | 8x |
| Thu, 11 May 2023 | د.إ1.3t | د.إ146.3b | د.إ52.9b | 14.2x | 23.7x | 8.6x |
| Sat, 08 Apr 2023 | د.إ1.2t | د.إ139.6b | د.إ48.3b | 15.3x | 25.8x | 8.9x |
| Mon, 06 Mar 2023 | د.إ1.3t | د.إ131.0b | د.إ48.2b | 20.8x | 26.4x | 9.7x |
| Wed, 01 Feb 2023 | د.إ1.3t | د.إ121.4b | د.إ39.2b | 22.3x | 33.1x | 10.7x |
| Fri, 30 Dec 2022 | د.إ1.4t | د.إ121.0b | د.إ41.2b | 17x | 32.9x | 11.2x |
| Sun, 27 Nov 2022 | د.إ1.2t | د.إ120.1b | د.إ41.0b | 16.2x | 29.1x | 9.9x |
| Tue, 25 Oct 2022 | د.إ1.1t | د.إ110.1b | د.إ26.4b | 22.4x | 41.9x | 10.1x |
| Thu, 22 Sep 2022 | د.إ1.1t | د.إ111.7b | د.إ26.9b | 17.2x | 40.2x | 9.7x |
| Sat, 20 Aug 2022 | د.إ1.0t | د.إ111.4b | د.إ26.6b | 21.8x | 38.3x | 9.2x |
| Mon, 18 Jul 2022 | د.إ900.8b | د.إ101.7b | د.إ20.3b | 24.1x | 44.4x | 8.9x |
| Wed, 15 Jun 2022 | د.إ898.8b | د.إ101.7b | د.إ20.3b | 21.6x | 44.3x | 8.8x |
| Fri, 13 May 2022 | د.إ419.2b | د.إ63.8b | د.إ12.4b | 21.4x | 33.8x | 6.6x |
| Sun, 10 Apr 2022 | د.إ396.5b | د.إ55.8b | د.إ10.2b | 17.4x | 38.7x | 7.1x |
| Tue, 08 Mar 2022 | د.إ395.9b | د.إ41.0b | د.إ7.1b | 18.2x | 55.6x | 9.7x |
| Thu, 03 Feb 2022 | د.إ373.0b | د.إ34.6b | د.إ5.6b | 31.7x | 66.5x | 10.8x |
| Sat, 01 Jan 2022 | د.إ381.2b | د.إ34.0b | د.إ5.1b | 28.6x | 74.1x | 11.2x |
| Mon, 29 Nov 2021 | د.إ349.6b | د.إ34.0b | د.إ5.2b | 24.4x | 67.5x | 10.3x |
Price to Earnings Ratio
67.5x
Current Industry PE
- Investors are pessimistic on the Emirian Industrials 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 23.7x which is lower than its 3-year average PE of 34.4x.
- The 3-year average PS ratio of 8.4x is higher than the industry's current PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 115% per year over the last three years.
- Revenues for these companies have grown 89% 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 Industrials sector?
| AE Market | 0.37% | |
| Industrials | -0.062% | |
| Aerospace & Defense | 10.05% | |
| Airlines | 2.08% | |
| Transportation | 1.74% | |
| Industrials | 0.063% | |
| Electrical | 0% | |
| Machinery | 0% | |
| Trade Distributors | 0% | |
| Professional Services | 0% | |
| Construction | -0.66% | |
| Commercial Services | -0.74% | |
| Building | -1.21% | |
| Infrastructure | -2.81% | |
| Logistics | -3.22% | |
| Marine and Shipping | -12.48% | |
Industry PE
- Investors are most optimistic about the Commercial Services industry which is trading above its 3-year average PE ratio of 17.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the Industrials industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| SALIK Salik Company P.J.S.C | د.إ5.40 | 0.9% +د.إ375.0m | 72.5% | PE36.2x | |
| ADSB Abu Dhabi Ship Building PJSC | د.إ6.05 | 41.0% +د.إ373.1m | 55.1% | PE22.3x | |
| PARKIN Parkin Company P.J.S.C | د.إ4.00 | 2.6% +د.إ300.0m | n/a | PE29.6x | |
| NMDC NMDC Group PJSC | د.إ24.46 | 1.1% +د.إ219.5m | -12.5% | PE7.4x | |
| ASM Al Seer Marine Supplies and Equipment Company PJSC | د.إ4.01 | 1.3% +د.إ50.0m | -48.4% | PS3.2x |
