Why Investors Shouldn't Be Surprised By Emsteel Building Materials PJSC's (ADX:EMSTEEL) 90% Share Price Plunge
Nov 18
Have your own idea? Try our Stock Screener
Emirati (ADX) Basic Materials Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies9
- 7D0.8%
- 3M45.1%
- 1Y40.1%
- YTD42.2%
Over the last 7 days, the Basic Materials industry has remained flat, although notably Abu Dhabi National Company for Building Materials PJSC declined by 10%. The past year has been better, since the industry has gained 37% in that time.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | د.إ27.3b | د.إ11.0b | د.إ204.0m | 18.5x | 134x | 2.5x |
| Sat, 19 Oct 2024 | د.إ25.5b | د.إ11.3b | د.إ534.5m | 17x | 47.8x | 2.3x |
| Mon, 16 Sep 2024 | د.إ21.9b | د.إ11.3b | د.إ534.5m | 18.2x | 41x | 1.9x |
| Wed, 14 Aug 2024 | د.إ17.1b | د.إ11.2b | د.إ530.6m | 17.3x | 32.3x | 1.5x |
| Fri, 12 Jul 2024 | د.إ16.9b | د.إ11.5b | د.إ594.0m | 17.8x | 28.4x | 1.5x |
| Sun, 09 Jun 2024 | د.إ16.8b | د.إ11.5b | د.إ594.0m | 17.2x | 28.3x | 1.5x |
| Tue, 07 May 2024 | د.إ18.7b | د.إ11.8b | د.إ493.7m | 24.2x | 37.8x | 1.6x |
| Thu, 04 Apr 2024 | د.إ19.0b | د.إ11.7b | د.إ312.8m | 24x | 60.9x | 1.6x |
| Sat, 02 Mar 2024 | د.إ18.7b | د.إ11.8b | د.إ366.5m | 20.7x | 51.1x | 1.6x |
| Mon, 29 Jan 2024 | د.إ18.8b | د.إ11.6b | د.إ251.5m | 19.5x | 74.8x | 1.6x |
| Wed, 27 Dec 2023 | د.إ18.9b | د.إ11.6b | د.إ331.1m | 20.7x | 57.1x | 1.6x |
| Fri, 24 Nov 2023 | د.إ19.7b | د.إ11.6b | د.إ331.1m | 20.9x | 59.5x | 1.7x |
| Sun, 22 Oct 2023 | د.إ17.8b | د.إ12.0b | د.إ162.6m | 28x | 109.6x | 1.5x |
| Tue, 19 Sep 2023 | د.إ20.8b | د.إ12.0b | د.إ162.6m | 28.6x | 127.9x | 1.7x |
| Thu, 17 Aug 2023 | د.إ22.0b | د.إ12.0b | د.إ159.6m | 29.3x | 137.7x | 1.8x |
| Sat, 15 Jul 2023 | د.إ21.2b | د.إ12.6b | د.إ335.9m | 20.3x | 63.1x | 1.7x |
| Mon, 12 Jun 2023 | د.إ18.8b | د.إ12.6b | د.إ335.9m | 20.6x | 56x | 1.5x |
| Wed, 10 May 2023 | د.إ20.2b | د.إ12.2b | د.إ200.8m | 20.8x | 100.8x | 1.7x |
| Fri, 07 Apr 2023 | د.إ18.8b | د.إ12.2b | د.إ440.5m | 26.1x | 42.6x | 1.5x |
| Sun, 05 Mar 2023 | د.إ22.3b | د.إ12.3b | -د.إ347,675,299.00 | 38.9x | -64.2x | 1.8x |
| Tue, 31 Jan 2023 | د.إ23.9b | د.إ12.3b | -د.إ331,259,240.00 | 43.3x | -72.1x | 1.9x |
| Thu, 29 Dec 2022 | د.إ26.3b | د.إ12.2b | -د.إ372,627,696.00 | 55.6x | -70.6x | 2.2x |
| Sat, 26 Nov 2022 | د.إ28.7b | د.إ11.8b | -د.إ261,176,364.00 | 51.2x | -109.9x | 2.4x |
| Mon, 24 Oct 2022 | د.إ25.8b | د.إ9.2b | -د.إ364,602,088.00 | 28.5x | -70.8x | 2.8x |
| Wed, 21 Sep 2022 | د.إ28.2b | د.إ9.2b | -د.إ364,602,088.00 | 27x | -77.4x | 3.1x |
| Fri, 19 Aug 2022 | د.إ28.5b | د.إ8.7b | -د.إ305,869,499.00 | 25.3x | -93.1x | 3.3x |
| Sun, 17 Jul 2022 | د.إ28.3b | د.إ6.1b | -د.إ636,968,461.00 | 25x | -44.4x | 4.7x |
| Tue, 14 Jun 2022 | د.إ29.3b | د.إ6.1b | -د.إ636,968,461.00 | 24.6x | -45.9x | 4.8x |
| Thu, 12 May 2022 | د.إ29.4b | د.إ6.1b | -د.إ633,501,182.00 | 20.4x | -46.4x | 4.8x |
| Sat, 09 Apr 2022 | د.إ30.1b | د.إ4.1b | -د.إ729,191,024.00 | 21.8x | -41.3x | 7.3x |
| Mon, 07 Mar 2022 | د.إ13.5b | د.إ2.0b | -د.إ167,286,195.00 | 21.2x | -81x | 6.9x |
| Wed, 02 Feb 2022 | د.إ14.6b | د.إ2.0b | -د.إ164,508,217.00 | 23.2x | -88.8x | 7.4x |
| Fri, 31 Dec 2021 | د.إ15.3b | د.إ2.0b | -د.إ184,386,076.00 | 17.5x | -83.1x | 7.7x |
| Sun, 28 Nov 2021 | د.إ16.1b | د.إ2.0b | -د.إ184,386,076.00 | 17.5x | -87.2x | 8.1x |
Price to Earnings Ratio
-87.2x
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 132x which is higher than its 3-year average PE of 4.8x.
- The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.4x.
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 77% 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 | 0.37% | |
| Materials | -1.05% | |
| Basic Materials | 0.79% | |
| Construction Materials | 0.79% | |
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 | |
|---|---|---|---|---|---|
| APEX Apex Investment PSC | د.إ4.34 | 1.6% +د.إ248.7m | 113.8% | PE2972.3x | |
| EMSTEEL Emsteel Building Materials PJSC | د.إ1.28 | 0.8% +د.إ68.5m | -12.9% | PE28.7x | |
| SCIDC Sharjah Cement and Industrial Development (PJSC) | د.إ0.63 | 4.7% +د.إ17.0m | 7.5% | PE10.4x | |
| GCEM Gulf Cement Company P.S.C | د.إ0.49 | 0.8% +د.إ1.6m | 25.3% | PS0.4x |
