Market Still Lacking Some Conviction On Gulf Cement Company P.S.C. (ADX:GCEM)
Jan 23
Have your own idea? Try our Stock Screener
Emirati (ADX) Materials Sector Analysis
UpdatedFeb 07, 2025
DataAggregated Company Financials
Companies11
- 7D0.8%
- 3M-0.4%
- 1Y8.8%
- YTD4.2%
The Materials industry is up 1.6% in the last week, with Borouge up 3.7%. Meanwhile, Apex Investment PSC actually underperformed within the industry, shrinking 6.0% in the last week. In the last 12 months, the industry was up 10%. As for the next few years, earnings are forecast to decline by 2.3% per annum.
Sector Valuation and Performance
Has the Emirati Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 07 Feb 2025 | د.إ124.3b | د.إ41.2b | د.إ5.5b | 18.9x | 22.6x | 3x |
| Sun, 05 Jan 2025 | د.إ119.7b | د.إ40.7b | د.إ5.3b | 18.8x | 22.4x | 2.9x |
| Tue, 03 Dec 2024 | د.إ122.0b | د.إ40.7b | د.إ5.3b | 19.2x | 22.8x | 3x |
| Thu, 31 Oct 2024 | د.إ124.7b | د.إ41.1b | د.إ5.7b | 18.1x | 21.9x | 3x |
| Sat, 28 Sep 2024 | د.إ122.0b | د.إ40.7b | د.إ5.7b | 17.7x | 21.4x | 3x |
| Mon, 26 Aug 2024 | د.إ115.4b | د.إ40.7b | د.إ5.7b | 18.3x | 20.3x | 2.8x |
| Wed, 24 Jul 2024 | د.إ111.6b | د.إ40.8b | د.إ5.7b | 17.5x | 19.5x | 2.7x |
| Fri, 21 Jun 2024 | د.إ108.2b | د.إ40.8b | د.إ5.7b | 17.7x | 18.9x | 2.7x |
| Sun, 19 May 2024 | د.إ113.0b | د.إ40.8b | د.إ5.6b | 18.2x | 20.1x | 2.8x |
| Tue, 16 Apr 2024 | د.إ115.6b | د.إ41.9b | د.إ5.2b | 20.1x | 22.1x | 2.8x |
| Thu, 14 Mar 2024 | د.إ115.3b | د.إ43.4b | د.إ5.6b | 20.9x | 20.7x | 2.7x |
| Sat, 10 Feb 2024 | د.إ114.0b | د.إ43.2b | د.إ5.5b | 19.2x | 20.9x | 2.6x |
| Mon, 08 Jan 2024 | د.إ118.6b | د.إ50.9b | د.إ6.7b | 18.9x | 17.7x | 2.3x |
| Wed, 06 Dec 2023 | د.إ117.9b | د.إ50.9b | د.إ6.7b | 18.9x | 17.6x | 2.3x |
| Fri, 03 Nov 2023 | د.إ122.0b | د.إ53.8b | د.إ7.6b | 18.7x | 16x | 2.3x |
| Sun, 01 Oct 2023 | د.إ128.9b | د.إ49.0b | د.إ6.3b | 21.2x | 20.6x | 2.6x |
| Tue, 29 Aug 2023 | د.إ133.7b | د.إ49.0b | د.إ6.2b | 22.4x | 21.4x | 2.7x |
| Thu, 27 Jul 2023 | د.إ134.1b | د.إ50.5b | د.إ7.5b | 20x | 17.8x | 2.7x |
| Sat, 24 Jun 2023 | د.إ125.5b | د.إ50.5b | د.إ7.5b | 18.9x | 16.7x | 2.5x |
| Mon, 22 May 2023 | د.إ125.3b | د.إ50.5b | د.إ7.5b | 20.6x | 16.7x | 2.5x |
| Wed, 19 Apr 2023 | د.إ134.2b | د.إ52.7b | د.إ9.0b | 19.3x | 14.9x | 2.5x |
| Fri, 17 Mar 2023 | د.إ129.2b | د.إ52.7b | د.إ9.1b | 19.7x | 14.3x | 2.5x |
| Sun, 12 Feb 2023 | د.إ140.0b | د.إ53.3b | د.إ9.0b | 23.9x | 15.6x | 2.6x |
| Tue, 10 Jan 2023 | د.إ138.6b | د.إ54.1b | د.إ10.3b | 23.3x | 13.5x | 2.6x |
| Thu, 08 Dec 2022 | د.إ145.5b | د.إ54.1b | د.إ10.3b | 23.3x | 14.1x | 2.7x |
| Sat, 05 Nov 2022 | د.إ150.3b | د.إ53.7b | د.إ10.4b | 20.8x | 14.4x | 2.8x |
| Mon, 03 Oct 2022 | د.إ161.3b | د.إ49.5b | د.إ9.7b | 20.8x | 16.6x | 3.3x |
| Wed, 31 Aug 2022 | د.إ167.8b | د.إ49.0b | د.إ9.8b | 20.3x | 17.1x | 3.4x |
| Fri, 29 Jul 2022 | د.إ151.6b | د.إ43.6b | د.إ8.3b | 19.7x | 18.3x | 3.5x |
| Sun, 26 Jun 2022 | د.إ157.4b | د.إ43.6b | د.إ8.3b | 20.1x | 19x | 3.6x |
| Tue, 24 May 2022 | د.إ72.5b | د.إ20.6b | د.إ2.9b | 25.4x | 24.9x | 3.5x |
| Thu, 21 Apr 2022 | د.إ77.3b | د.إ16.3b | د.إ1.9b | 18.3x | 41.8x | 4.7x |
| Sat, 19 Mar 2022 | د.إ56.3b | د.إ14.1b | د.إ2.4b | 17.2x | 23.3x | 4x |
| Mon, 14 Feb 2022 | د.إ45.3b | د.إ11.6b | د.إ1.2b | 22.3x | 36.7x | 3.9x |
Price to Earnings Ratio
36.7x
Current Industry PE
- Investors are optimistic on the Emirian Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.8x which is higher than its 3-year average PE of 20.1x.
- The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 64% per year over the last three years.
- Revenues for these companies have grown 52% 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 Materials sector?
| AE Market | 0.40% | |
| Materials | 0.80% | |
| Chemicals | 2.07% | |
| Packaging | 0% | 0 |
| Metals and Mining | 0% | 0 |
| Paper and Forestry Products | 0% | 0 |
| Basic Materials | -3.39% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 20.5x.
- 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 16.0x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Chemicals industry since they expect its earnings to decline by only 2.3% per year over the next 5 years, which isn't as bad as the other industries.
- This is an improvement from its past earnings decline of 13% per year.
- In contrast, the Chemicals industry is expected to see its earnings decline by 2.3% 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 | |
|---|---|---|---|---|---|
| BOROUGE Borouge | د.إ2.55 | 3.2% +د.إ2.4b | 4.5% | PE17x | |
| EMSTEEL Emsteel Building Materials PJSC | د.إ1.27 | 2.4% +د.إ205.5m | -5.9% | PE28.4x | |
| FCI Fujairah Cement Industries PJSC | د.إ0.31 | 4.7% +د.إ5.0m | -7.6% | PS1.6x | |
| GCEM Gulf Cement Company P.S.C | د.إ0.55 | 2.2% +د.إ4.9m | 23.2% | PS0.5x | |
| SCIDC Sharjah Cement and Industrial Development (PJSC) | د.إ0.64 | 0.8% +د.إ3.0m | -1.4% | PE10.6x |