Emirati (ADX) Industrials Sector Analysis

Sector Valuation and Performance

Has the Emirati Industrials Sector valuation changed over the past few years?

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 24.7x which is higher than its 3-year average PE of 10.3x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Industrials industry have grown 16% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Emirati Industrials sector?

Industry PE: Investors are most optimistic about the Building industry which is trading above its 3-year average PE ratio of 48.4x. This is likely because analysts are expecting annual earnings growth of 11%, which is higher than its past year's earnings decline of 33% per year. Meanwhile, investors are most pessimistic about the Machinery industry, which is trading below its 3-year average of 24.8x.

Forecasted Growth: Analysts are most optimistic on the Logistics industry, expecting annual earnings growth of 27% over the next 5 years. This is better than its past earnings decline of 23% per year. Meanwhile, the Construction industry is expected to see its earnings grow by 6.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?