Returns On Capital Signal Difficult Times Ahead For Salik Company P.J.S.C (DFM:SALIK)
Oct 06
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Emirati (ADX) Industrials Sector Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies25
- 7D0.4%
- 3M0.1%
- 1Y-5.8%
- YTD-6.1%
The Industrials industry has stayed flat over the last week. As for the longer term, the industry has declined 5.8% in the last year. Looking forward, earnings are forecast to grow by 10% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | د.إ1.2t | د.إ216.1b | د.إ49.5b | 18.6x | 24.9x | 5.7x |
| Thu, 12 Sep 2024 | د.إ1.3t | د.إ218.1b | د.إ50.1b | 18.6x | 25.3x | 5.8x |
| Sat, 10 Aug 2024 | د.إ1.3t | د.إ200.4b | د.إ49.7b | 17.2x | 25.3x | 6.3x |
| Mon, 08 Jul 2024 | د.إ1.2t | د.إ179.2b | د.إ41.9b | 21.7x | 29.8x | 7x |
| Wed, 05 Jun 2024 | د.إ1.2t | د.إ179.1b | د.إ42.0b | 18.8x | 29.2x | 6.9x |
| Fri, 03 May 2024 | د.إ1.2t | د.إ172.0b | د.إ47.7b | 21.5x | 25.9x | 7.2x |
| Sun, 31 Mar 2024 | د.إ1.3t | د.إ171.9b | د.إ47.6b | 22.1x | 26.4x | 7.3x |
| Tue, 27 Feb 2024 | د.إ1.2t | د.إ168.0b | د.إ31.7b | 20.6x | 37.8x | 7.1x |
| Thu, 25 Jan 2024 | د.إ1.2t | د.إ164.6b | د.إ40.4b | 16.8x | 30.5x | 7.5x |
| Sat, 23 Dec 2023 | د.إ1.2t | د.إ164.5b | د.إ40.8b | 16.9x | 30.4x | 7.5x |
| Mon, 20 Nov 2023 | د.إ1.2t | د.إ163.0b | د.إ40.5b | 18.5x | 30.6x | 7.6x |
| Wed, 18 Oct 2023 | د.إ1.3t | د.إ157.6b | د.إ53.1b | 14.5x | 23.7x | 8x |
| Fri, 15 Sep 2023 | د.إ1.3t | د.إ157.6b | د.إ53.1b | 15.9x | 24.3x | 8.2x |
| Sun, 13 Aug 2023 | د.إ1.3t | د.إ156.5b | د.إ52.8b | 15.8x | 24.6x | 8.3x |
| Tue, 11 Jul 2023 | د.إ1.3t | د.إ152.4b | د.إ54.0b | 13.8x | 23.3x | 8.2x |
| Thu, 08 Jun 2023 | د.إ1.2t | د.إ152.6b | د.إ54.0b | 12.5x | 22.6x | 8x |
| Sat, 06 May 2023 | د.إ1.3t | د.إ141.4b | د.إ48.3b | 14.4x | 26.2x | 9x |
| Mon, 03 Apr 2023 | د.إ1.3t | د.إ139.6b | د.إ48.3b | 15.2x | 26.3x | 9.1x |
| Wed, 01 Mar 2023 | د.إ1.3t | د.إ125.0b | د.إ48.2b | 21.1x | 26.2x | 10.1x |
| Fri, 27 Jan 2023 | د.إ1.3t | د.إ121.3b | د.إ39.2b | 21.2x | 33.9x | 11x |
| Sun, 25 Dec 2022 | د.إ1.4t | د.إ121.0b | د.إ41.2b | 16.5x | 32.9x | 11.2x |
| Tue, 22 Nov 2022 | د.إ1.2t | د.إ120.1b | د.إ41.0b | 15.9x | 28.8x | 9.8x |
| Thu, 20 Oct 2022 | د.إ1.1t | د.إ110.1b | د.إ26.4b | 21.9x | 42.2x | 10.1x |
| Sat, 17 Sep 2022 | د.إ1.1t | د.إ111.7b | د.إ26.9b | 18.1x | 40.3x | 9.7x |
| Mon, 15 Aug 2022 | د.إ1.0t | د.إ110.8b | د.إ26.4b | 21x | 38.6x | 9.2x |
| Wed, 13 Jul 2022 | د.إ910.0b | د.إ101.7b | د.إ20.3b | 23.7x | 44.9x | 8.9x |
| Fri, 10 Jun 2022 | د.إ909.9b | د.إ101.7b | د.إ20.3b | 22x | 44.9x | 8.9x |
| Sun, 08 May 2022 | د.إ428.7b | د.إ63.8b | د.إ12.4b | 23.1x | 34.6x | 6.7x |
| Tue, 05 Apr 2022 | د.إ394.8b | د.إ55.8b | د.إ10.2b | 17x | 38.5x | 7.1x |
| Thu, 03 Mar 2022 | د.إ393.8b | د.إ41.0b | د.إ7.1b | 18x | 55.3x | 9.6x |
| Sat, 29 Jan 2022 | د.إ353.9b | د.إ34.6b | د.إ5.3b | 30.6x | 66.5x | 10.2x |
| Mon, 27 Dec 2021 | د.إ348.9b | د.إ34.1b | د.إ5.3b | 17.8x | 66x | 10.2x |
| Wed, 24 Nov 2021 | د.إ346.1b | د.إ34.0b | د.إ5.2b | 25.6x | 66.8x | 10.2x |
| Fri, 22 Oct 2021 | د.إ347.8b | د.إ33.1b | د.إ2.9b | 34.4x | 118.5x | 10.5x |
Price to Earnings Ratio
118.5x
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 24.9x which is lower than its 3-year average PE of 36.4x.
- The 3-year average PS ratio of 8.5x is higher than the industry's current PS ratio of 5.7x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 156% per year over the last three years.
- Revenues for these companies have grown 87% 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 | 1.17% | |
| Industrials | 0.35% | |
| Transportation | 6.58% | |
| Logistics | 3.79% | |
| Infrastructure | 3.44% | |
| Construction | 2.42% | |
| Airlines | 0.75% | |
| Industrials | 0.052% | |
| Electrical | 0% | |
| Machinery | 0% | |
| Trade Distributors | 0% | |
| Professional Services | 0% | |
| Marine and Shipping | 0% | |
| Building | -0.82% | |
| Aerospace & Defense | -0.87% | |
| Commercial Services | -2.20% | |
Industry PE
- Investors are most optimistic about the Commercial Services industry which is trading above its 3-year average PE ratio of 15.1x.
- 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 Logistics industry, expecting annual earnings growth of 24% over the next 5 years.
- However this is lower than its past earnings growth rate of 56% per year.
- In contrast, the Airlines industry is expected to see its earnings decline by 2.6% 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 | |
|---|---|---|---|---|---|
| ALPHADHABI Alpha Dhabi Holding PJSC | د.إ11.68 | 5.4% +د.إ6.0b | -41.6% | PE19.4x | |
| IHC International Holding Company PJSC | د.إ404.50 | 0.2% +د.إ2.2b | 1.0% | PE32.4x | |
| SALIK Salik Company P.J.S.C | د.إ4.36 | 2.6% +د.إ825.0m | 40.2% | PE29.9x | |
| ADPORTS Abu Dhabi Ports Company PJSC | د.إ4.98 | 2.7% +د.إ661.4m | -18.2% | PE23x | |
| AGILITY Agility Global | د.إ1.23 | 5.1% +د.إ625.1m | n/a | PE32.3x |
