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Emirati (ADX) Materials Sector Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies11
  • 7D-2.2%
  • 3M-7.6%
  • 1Y-14.6%
  • YTD-5.0%

Over the last 7 days, the Materials industry has dropped 2.2%, driven by a pullback from Borouge of 1.6%. However, the industry is down 15% over the past year. As for the next few years, earnings are expected to grow by 7.5% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Feb 2024د.إ112.2bد.إ43.4bد.إ5.6b19.7x20.1x2.6x
Sat, 27 Jan 2024د.إ115.7bد.إ50.9bد.إ6.6b17.1x17.4x2.3x
Mon, 25 Dec 2023د.إ116.8bد.إ50.9bد.إ6.7b18.2x17.4x2.3x
Wed, 22 Nov 2023د.إ120.8bد.إ50.9bد.إ6.7b19.3x18x2.4x
Fri, 20 Oct 2023د.إ120.8bد.إ49.0bد.إ6.3b19.9x19.3x2.5x
Sun, 17 Sep 2023د.إ130.8bد.إ49.0bد.إ6.2b21.6x20.9x2.7x
Tue, 15 Aug 2023د.إ136.1bد.إ49.0bد.إ6.3b21.8x21.7x2.8x
Thu, 13 Jul 2023د.إ126.3bد.إ50.5bد.إ7.5b18.9x16.8x2.5x
Sat, 10 Jun 2023د.إ124.4bد.إ50.5bد.إ7.5b20.6x16.6x2.5x
Mon, 08 May 2023د.إ131.2bد.إ51.9bد.إ8.2b21.2x16x2.5x
Wed, 05 Apr 2023د.إ132.3bد.إ52.7bد.إ9.0b19.1x14.7x2.5x
Fri, 03 Mar 2023د.إ132.0bد.إ52.8bد.إ8.2b22.4x16x2.5x
Sun, 29 Jan 2023د.إ134.7bد.إ54.1bد.إ10.3b22.4x13.1x2.5x
Tue, 27 Dec 2022د.إ136.9bد.إ54.1bد.إ10.3b23x13.3x2.5x
Thu, 24 Nov 2022د.إ149.5bد.إ53.7bد.إ10.4b24.5x14.4x2.8x
Sat, 22 Oct 2022د.إ150.3bد.إ49.5bد.إ9.7b21.5x15.4x3x
Mon, 19 Sep 2022د.إ164.3bد.إ49.5bد.إ9.7b20.8x16.9x3.3x
Wed, 17 Aug 2022د.إ165.9bد.إ49.0bد.إ9.8b20.1x16.9x3.4x
Fri, 15 Jul 2022د.إ148.1bد.إ43.6bد.إ8.3b19.5x17.8x3.4x
Sun, 12 Jun 2022د.إ171.1bد.إ43.6bد.إ8.3b20.4x20.6x3.9x
Tue, 10 May 2022د.إ77.5bد.إ16.4bد.إ1.9b17.9x41.3x4.7x
Thu, 07 Apr 2022د.إ76.8bد.إ16.3bد.إ1.9b18x41.5x4.7x
Sat, 05 Mar 2022د.إ51.2bد.إ11.6bد.إ1.2b25.6x41.5x4.4x
Mon, 31 Jan 2022د.إ46.3bد.إ2.0b-د.إ184,386,076.0018.5x-251.3x23.4x
Wed, 29 Dec 2021د.إ44.6bد.إ2.0b-د.إ184,386,076.0017.5x-242.1x22.6x
Fri, 26 Nov 2021د.إ46.4bد.إ2.0b-د.إ184,386,076.0017.5x-251.5x23.4x
Sun, 24 Oct 2021د.إ16.2bد.إ2.0b-د.إ432,486,935.0029.8x-37.5x8.1x
Tue, 21 Sep 2021د.إ6.3bد.إ2.0b-د.إ432,486,935.0019.1x-14.6x3.2x
Thu, 19 Aug 2021د.إ5.8bد.إ2.0b-د.إ432,486,935.0017.6x-13.5x2.9x
Thu, 03 Jun 2021د.إ4.6bد.إ2.0b-د.إ344,730,023.0015.7x-13.4x2.3x
Sun, 07 Mar 2021د.إ3.5bد.إ2.0b-د.إ440,624,249.0018x-8x1.8x
Price to Earnings Ratio

-8x


Total Market Cap: د.إ3.5bTotal Earnings: -د.إ440,624,249.00Total Revenue: د.إ2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Materials Sector Price to Earnings3Y Average -8.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Emirian Materials 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 20.1x which is higher than its 3-year average PE of -8.1x.
  • The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • Total earnings for the Materials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 180% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

AE Market-1.41%
Materials-2.24%
Packaging0%
Metals and Mining0%
Paper and Forestry Products0%
Basic Materials-2.16%
Chemicals-2.26%
Industry PE
  • Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.6x.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 7.5% over the next 5 years.
  • This is better than its past earnings decline of 40% per year.
  • In contrast, the Chemicals industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
RAKWCT Ras Al Khaimah for White Cement & Construction Materials P.S.Cد.إ1.151.8%
+د.إ10.0m
-20.1%PE28x
SCIDC Sharjah Cement and Industrial Development (PJSC)د.إ0.601.7%
+د.إ6.1m
0%PE321x
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Latest News

RAKWCT

د.إ1.15

Ras Al Khaimah for White Cement & Construction Materials P.S.C

7D

1.8%

1Y

-20.1%

BILDCO

د.إ0.23

Abu Dhabi National Company for Building Materials PJSC

7D

-0.4%

1Y

24.3%

FERTIGLB

د.إ2.60

Fertiglobe

7D

-1.5%

1Y

-34.0%

GCEM

د.إ0.38

Gulf Cement Company P.S.C

7D

-5.8%

1Y

-21.5%

EMSTEEL

د.إ1.38

Ensteel Building Materials PJSC

7D

-0.7%

1Y

-5.5%

BOROUGE

د.إ2.39

Borouge

7D

-1.6%

1Y

-5.9%

APEX

د.إ1.91

Apex Investment PSC

7D

-2.6%

1Y

-27.4%