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Oct 24
Emirati (ADX) Industrials Sector Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies21
- 7D-0.4%
- 3M-1.8%
- 1Y-8.5%
- YTD-8.5%
In the last week, the Industrials industry is flat overall, with Multiply Group PJSC standing out by going down 3.7%. Unfortunately though, the industry is down 8.8% over the past 12 months. As for the next few years, earnings are expected to grow by 7.2% 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 |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | د.إ1.2t | د.إ162.6b | د.إ40.4b | 18.7x | 30.7x | 7.6x |
| Thu, 02 Nov 2023 | د.إ1.3t | د.إ159.5b | د.إ44.3b | 14.1x | 28.4x | 7.9x |
| Sat, 30 Sep 2023 | د.إ1.3t | د.إ157.6b | د.إ53.1b | 15.5x | 24.2x | 8.2x |
| Mon, 28 Aug 2023 | د.إ1.3t | د.إ157.8b | د.إ53.1b | 14.9x | 24.2x | 8.1x |
| Wed, 26 Jul 2023 | د.إ1.3t | د.إ152.5b | د.إ52.4b | 16.7x | 23.9x | 8.2x |
| Fri, 23 Jun 2023 | د.إ1.2t | د.إ152.4b | د.إ54.0b | 13.6x | 22.8x | 8.1x |
| Sun, 21 May 2023 | د.إ1.2t | د.إ152.6b | د.إ54.0b | 13x | 22.8x | 8.1x |
| Tue, 18 Apr 2023 | د.إ1.3t | د.إ139.6b | د.إ48.3b | 16.1x | 26.2x | 9.1x |
| Thu, 16 Mar 2023 | د.إ1.2t | د.إ137.4b | د.إ47.0b | 18.3x | 26.6x | 9.1x |
| Sat, 11 Feb 2023 | د.إ1.3t | د.إ124.0b | د.إ39.5b | 21.6x | 32.4x | 10.3x |
| Mon, 09 Jan 2023 | د.إ1.3t | د.إ121.0b | د.إ41.2b | 17.5x | 32.8x | 11.2x |
| Wed, 07 Dec 2022 | د.إ1.3t | د.إ120.1b | د.إ41.0b | 17.5x | 32.7x | 11.2x |
| Fri, 04 Nov 2022 | د.إ1.2t | د.إ111.0b | د.إ36.1b | 15.9x | 32.1x | 10.4x |
| Sun, 02 Oct 2022 | د.إ1.1t | د.إ111.7b | د.إ26.9b | 16.1x | 39.2x | 9.4x |
| Tue, 30 Aug 2022 | د.إ1.0t | د.إ111.4b | د.إ26.6b | 16.8x | 38.1x | 9.1x |
| Thu, 28 Jul 2022 | د.إ913.6b | د.إ101.6b | د.إ20.4b | 20.1x | 44.8x | 9x |
| Sat, 25 Jun 2022 | د.إ898.7b | د.إ101.7b | د.إ20.3b | 21.1x | 44.3x | 8.8x |
| Mon, 23 May 2022 | د.إ922.4b | د.إ101.5b | د.إ20.3b | 24.4x | 45.5x | 9.1x |
| Wed, 20 Apr 2022 | د.إ410.2b | د.إ56.2b | د.إ10.3b | 18.1x | 39.9x | 7.3x |
| Fri, 18 Mar 2022 | د.إ398.4b | د.إ55.8b | د.إ10.0b | 18.3x | 39.6x | 7.1x |
| Sun, 13 Feb 2022 | د.إ394.7b | د.إ40.1b | د.إ6.6b | 22.7x | 59.8x | 9.8x |
| Tue, 11 Jan 2022 | د.إ364.8b | د.إ34.0b | د.إ5.1b | 28.4x | 70.9x | 10.7x |
| Thu, 09 Dec 2021 | د.إ350.8b | د.إ34.0b | د.إ5.2b | 24.9x | 67.7x | 10.3x |
| Sat, 06 Nov 2021 | د.إ327.1b | د.إ33.2b | د.إ5.0b | 26x | 65.9x | 9.8x |
| Mon, 04 Oct 2021 | د.إ332.7b | د.إ32.1b | د.إ2.7b | 24.5x | 125.3x | 10.4x |
| Wed, 01 Sep 2021 | د.إ357.0b | د.إ28.4b | د.إ2.5b | 17.7x | 140.2x | 12.6x |
| Thu, 08 Jul 2021 | د.إ211.6b | د.إ27.8b | د.إ2.1b | 12x | 99.8x | 7.6x |
| Wed, 31 Mar 2021 | د.إ38.7b | د.إ24.5b | د.إ1.2b | 11.5x | 32.2x | 1.6x |
| Sat, 02 Jan 2021 | د.إ33.3b | د.إ24.2b | د.إ783.6m | 9.1x | 42.4x | 1.4x |
Price to Earnings Ratio
42.4x
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 30.7x which is lower than its 3-year average PE of 48.2x.
- The industry is trading close to its 3-year average PS ratio of 8.0x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 202% per year over the last three years.
- Revenues for these companies have grown 88% 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 | -0.27% | |
| Industrials | -0.36% | |
| Construction | 1.72% | |
| Electrical | 0% | |
| Machinery | 0% | |
| Trade Distributors | 0% | |
| Commercial Services | 0% | |
| Industrials | -0.33% | |
| Building | -0.40% | |
| Marine and Shipping | -0.57% | |
| Transportation | -0.63% | |
| Infrastructure | -0.95% | |
| Professional Services | -1.06% | |
| Airlines | -1.82% | |
| Aerospace & Defense | -2.40% | |
| Logistics | -3.76% | |
Industry PE
- Investors are most optimistic about the Marine and Shipping industry which is trading above its 3-year average PE ratio of 1.8x.
- 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 30% over the next 5 years.
- This is better than its past earnings decline of 15% per year.
- In contrast, the Industrials industry is expected to see its earnings decline by 6.0% 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.إ19.40 | 1.5% +د.إ2.8b | -26.8% | PE18.9x | |
| NMDC National Marine Dredging | د.إ28.10 | 2.6% +د.إ577.5m | 7.5% | PE11x |