Risks To Shareholder Returns Are Elevated At These Prices For Ensteel Building Materials PJSC (ADX:EMSTEEL)
Apr 09
Emirati (ADX) Construction Materials Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies9
- 7D-1.6%
- 3M-5.3%
- 1Y-6.1%
- YTDn/a
In the last week, Construction Materials has been flat. As for the longer term, the industry has declined 4.3% in the last year.
Industry Valuation and Performance
Has the Emirati Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | د.إ18.7b | د.إ11.7b | د.إ299.2m | 24x | 62.4x | 1.6x |
| Thu, 21 Mar 2024 | د.إ19.0b | د.إ11.8b | د.إ366.5m | 21.1x | 51.8x | 1.6x |
| Sat, 17 Feb 2024 | د.إ18.7b | د.إ11.7b | د.إ330.0m | 19.4x | 56.7x | 1.6x |
| Mon, 15 Jan 2024 | د.إ19.8b | د.إ11.6b | د.إ331.1m | 20.7x | 59.7x | 1.7x |
| Wed, 13 Dec 2023 | د.إ18.9b | د.إ11.6b | د.إ331.1m | 20.9x | 57x | 1.6x |
| Fri, 10 Nov 2023 | د.إ19.9b | د.إ11.5b | د.إ310.0m | 34x | 64.3x | 1.7x |
| Sun, 08 Oct 2023 | د.إ20.5b | د.إ12.0b | د.إ162.6m | 28.8x | 126.2x | 1.7x |
| Tue, 05 Sep 2023 | د.إ21.4b | د.إ12.0b | د.إ162.6m | 28.7x | 131.7x | 1.8x |
| Thu, 03 Aug 2023 | د.إ22.1b | د.إ11.9b | د.إ189.7m | 21.6x | 116.7x | 1.9x |
| Sat, 01 Jul 2023 | د.إ18.6b | د.إ12.6b | د.إ335.9m | 18.9x | 55.4x | 1.5x |
| Mon, 29 May 2023 | د.إ18.4b | د.إ12.6b | د.إ335.9m | 20.3x | 54.7x | 1.5x |
| Wed, 26 Apr 2023 | د.إ19.7b | د.إ12.2b | د.إ440.5m | 26.6x | 44.7x | 1.6x |
| Fri, 24 Mar 2023 | د.إ18.4b | د.إ12.2b | د.إ487.9m | 34.9x | 37.7x | 1.5x |
| Sun, 19 Feb 2023 | د.إ23.0b | د.إ12.3b | -د.إ308,534,542.00 | 39x | -74.6x | 1.9x |
| Tue, 17 Jan 2023 | د.إ25.3b | د.إ12.2b | -د.إ372,627,696.00 | 53.7x | -68x | 2.1x |
| Thu, 15 Dec 2022 | د.إ25.5b | د.إ12.2b | -د.إ372,627,696.00 | 55.4x | -68.5x | 2.1x |
| Sat, 12 Nov 2022 | د.إ28.8b | د.إ11.7b | -د.إ230,994,744.00 | 31.4x | -124.8x | 2.5x |
| Mon, 10 Oct 2022 | د.إ27.9b | د.إ9.2b | -د.إ364,602,088.00 | 28.2x | -76.5x | 3x |
| Wed, 07 Sep 2022 | د.إ28.3b | د.إ8.7b | -د.إ309,684,088.00 | 25.7x | -91.2x | 3.3x |
| Fri, 05 Aug 2022 | د.إ28.6b | د.إ8.7b | -د.إ315,898,904.00 | 25.9x | -90.6x | 3.3x |
| Sun, 03 Jul 2022 | د.إ28.4b | د.إ6.1b | -د.إ636,968,461.00 | 23.5x | -44.6x | 4.7x |
| Tue, 31 May 2022 | د.إ28.9b | د.إ6.1b | -د.إ636,968,461.00 | 25x | -45.3x | 4.8x |
| Thu, 28 Apr 2022 | د.إ30.6b | د.إ4.1b | -د.إ729,191,024.00 | 24.8x | -41.9x | 7.4x |
| Sat, 26 Mar 2022 | د.إ13.3b | د.إ1.9b | -د.إ164,355,195.00 | 19.3x | -81x | 6.9x |
| Mon, 21 Feb 2022 | د.إ13.6b | د.إ2.0b | -د.إ168,468,992.00 | 22.6x | -80.7x | 6.9x |
| Wed, 19 Jan 2022 | د.إ14.5b | د.إ2.0b | -د.إ184,386,076.00 | 18.5x | -78.4x | 7.3x |
| Fri, 17 Dec 2021 | د.إ16.1b | د.إ2.0b | -د.إ184,386,076.00 | 17.5x | -87.1x | 8.1x |
| Sun, 14 Nov 2021 | د.إ17.0b | د.إ2.0b | -د.إ180,949,046.00 | 18.6x | -93.8x | 8.6x |
| Tue, 12 Oct 2021 | د.إ14.5b | د.إ2.0b | -د.إ432,486,935.00 | 19.3x | -33.6x | 7.3x |
| Thu, 09 Sep 2021 | د.إ6.4b | د.إ2.0b | -د.إ432,486,935.00 | 18x | -14.8x | 3.2x |
| Sat, 07 Aug 2021 | د.إ5.9b | د.إ2.0b | -د.إ432,486,935.00 | 16.8x | -13.6x | 2.9x |
| Fri, 30 Apr 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 Construction Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 60.9x which is higher than its 3-year average PE of -8.2x.
- 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 Construction 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 Comparison
How does Emirati Construction Materials compare with similar industries?
| AE Market | -1.19% | |
| Materials | 1.17% | |
| Basic Materials | -1.59% | |
| Construction Materials | -1.59% | |
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 | |
|---|---|---|---|---|---|
| SCIDC Sharjah Cement and Industrial Development (PJSC) | د.إ0.66 | 10.0% +د.إ36.5m | -4.2% | PE109.3x | |
| GCEM Gulf Cement Company P.S.C | د.إ0.40 | 2.1% +د.إ3.3m | -5.0% | PS0.4x |