Risks To Shareholder Returns Are Elevated At These Prices For Ensteel Building Materials PJSC (ADX:EMSTEEL)
Apr 09
Emirati (ADX) Basic Materials Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies9
- 7D-0.3%
- 3M-0.3%
- 1Y-8.5%
- YTD-2.4%
Over the last 7 days, the Basic Materials industry has dropped 1.9%, driven by National Cement Company (Public Shareholding) declining 9.8%. However, the industry is down 5.2% over the past year.
Industry Valuation and Performance
Has the Emirati Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | د.إ18.8b | د.إ11.7b | د.إ299.2m | 24x | 62.7x | 1.6x |
| Sun, 24 Mar 2024 | د.إ19.6b | د.إ11.8b | د.إ366.5m | 24x | 53.5x | 1.7x |
| Tue, 20 Feb 2024 | د.إ18.8b | د.إ11.8b | د.إ348.7m | 19.4x | 53.9x | 1.6x |
| Thu, 18 Jan 2024 | د.إ19.9b | د.إ11.6b | د.إ331.1m | 20.7x | 60.1x | 1.7x |
| Sat, 16 Dec 2023 | د.إ19.1b | د.إ11.6b | د.إ331.1m | 21.1x | 57.6x | 1.6x |
| Mon, 13 Nov 2023 | د.إ20.0b | د.إ11.5b | د.إ315.4m | 34x | 63.5x | 1.7x |
| Wed, 11 Oct 2023 | د.إ19.8b | د.إ12.0b | د.إ162.6m | 28.6x | 122x | 1.7x |
| Fri, 08 Sep 2023 | د.إ20.9b | د.إ12.0b | د.إ162.6m | 28.5x | 128.7x | 1.7x |
| Sun, 06 Aug 2023 | د.إ22.1b | د.إ11.9b | د.إ199.7m | 21.9x | 110.7x | 1.9x |
| Tue, 04 Jul 2023 | د.إ18.6b | د.إ12.6b | د.إ335.9m | 18.9x | 55.5x | 1.5x |
| Thu, 01 Jun 2023 | د.إ18.9b | د.إ12.6b | د.إ335.9m | 20.3x | 56.2x | 1.5x |
| Sat, 29 Apr 2023 | د.إ20.1b | د.إ12.2b | د.إ440.5m | 27.4x | 45.7x | 1.6x |
| Mon, 27 Mar 2023 | د.إ18.4b | د.إ12.2b | د.إ487.9m | 34.6x | 37.6x | 1.5x |
| Wed, 22 Feb 2023 | د.إ22.1b | د.إ12.3b | -د.إ343,767,816.00 | 37.6x | -64.2x | 1.8x |
| Fri, 20 Jan 2023 | د.إ25.3b | د.إ12.2b | -د.إ372,627,696.00 | 53.7x | -68x | 2.1x |
| Sun, 18 Dec 2022 | د.إ26.7b | د.إ12.2b | -د.إ372,627,696.00 | 54.9x | -71.7x | 2.2x |
| Tue, 15 Nov 2022 | د.إ29.1b | د.إ11.7b | -د.إ253,584,744.00 | 58.9x | -114.8x | 2.5x |
| Thu, 13 Oct 2022 | د.إ27.3b | د.إ9.2b | -د.إ364,602,088.00 | 27.7x | -74.9x | 3x |
| Sat, 10 Sep 2022 | د.إ28.2b | د.إ9.2b | -د.إ364,602,088.00 | 25.7x | -77.4x | 3.1x |
| Mon, 08 Aug 2022 | د.إ28.7b | د.إ8.7b | -د.إ315,898,904.00 | 26.8x | -90.8x | 3.3x |
| Wed, 06 Jul 2022 | د.إ28.3b | د.إ6.1b | -د.إ636,968,461.00 | 25.6x | -44.4x | 4.7x |
| Fri, 03 Jun 2022 | د.إ30.1b | د.إ6.1b | -د.إ636,968,461.00 | 24.6x | -47.2x | 5x |
| Sun, 01 May 2022 | د.إ29.8b | د.إ4.1b | -د.إ729,191,024.00 | 24.7x | -40.9x | 7.2x |
| Tue, 29 Mar 2022 | د.إ13.3b | د.إ4.1b | -د.إ816,968,195.00 | 19.3x | -16.3x | 3.2x |
| Thu, 24 Feb 2022 | د.إ13.4b | د.إ2.0b | -د.إ168,468,992.00 | 22.3x | -79.7x | 6.8x |
| Sat, 22 Jan 2022 | د.إ15.4b | د.إ2.0b | -د.إ184,386,076.00 | 18.5x | -83.6x | 7.8x |
| Mon, 20 Dec 2021 | د.إ15.7b | د.إ2.0b | -د.إ184,386,076.00 | 17.5x | -85.3x | 8x |
| Wed, 17 Nov 2021 | د.إ16.4b | د.إ2.0b | -د.إ179,908,910.00 | 18.6x | -91x | 8.2x |
| Fri, 15 Oct 2021 | د.إ14.6b | د.إ2.0b | -د.إ432,486,935.00 | 20x | -33.7x | 7.3x |
| Sun, 12 Sep 2021 | د.إ6.3b | د.إ2.0b | -د.إ432,486,935.00 | 18x | -14.6x | 3.2x |
| Tue, 10 Aug 2021 | د.إ5.6b | د.إ2.0b | -د.إ432,486,935.00 | 16.1x | -12.9x | 2.8x |
| Mon, 03 May 2021 | د.إ3.6b | د.إ2.0b | -د.إ344,730,023.00 | 15.7x | -10.6x | 1.8x |
Price to Earnings Ratio
-10.6x
Current Industry PE
- Investors are optimistic on the Emirian Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 62.4x which is higher than its 3-year average PE of -7.7x.
- The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- Total earnings for the Basic Materials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 81% 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 industry?
| AE Market | -1.94% | |
| Materials | -1.07% | |
| Basic Materials | -0.30% | |
| Construction Materials | -0.30% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EMSTEEL Ensteel Building Materials PJSC | د.إ1.44 | 0.7% +د.إ68.5m | -8.3% | PE16.4x | |
| SCIDC Sharjah Cement and Industrial Development (PJSC) | د.إ0.65 | 12.1% +د.إ42.6m | -4.4% | PE107.5x |