Emaar Properties PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 16
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Emirati (ADX) Real Estate Sector Analysis
UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies16
- 7D5.2%
- 3M27.6%
- 1Y61.8%
- YTD8.2%
The Real Estate industry is up 5.2% in the last week, with Aldar Properties PJSC up 15%. Meanwhile, Union Properties actually underperformed within the industry, shrinking 5.4% in the last week. This takes the industry's 12 month performance to a gain of 62%. As for the next few years, earnings are expected to grow by 7.1% per annum.
Sector Valuation and Performance
Has the Emirati Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Feb 2025 | د.إ287.2b | د.إ84.0b | د.إ28.1b | 9x | 10.2x | 3.4x |
| Tue, 14 Jan 2025 | د.إ266.1b | د.إ76.1b | د.إ26.2b | 9.5x | 10.2x | 3.5x |
| Thu, 12 Dec 2024 | د.إ222.0b | د.إ76.1b | د.إ26.2b | 7.7x | 8.5x | 2.9x |
| Sat, 09 Nov 2024 | د.إ215.4b | د.إ70.5b | د.إ26.0b | 6.6x | 8.3x | 3.1x |
| Mon, 07 Oct 2024 | د.إ197.2b | د.إ68.2b | د.إ25.6b | 6x | 7.7x | 2.9x |
| Wed, 04 Sep 2024 | د.إ208.3b | د.إ68.2b | د.إ25.6b | 6.5x | 8.1x | 3.1x |
| Fri, 02 Aug 2024 | د.إ200.4b | د.إ64.6b | د.إ24.8b | 6.7x | 8.1x | 3.1x |
| Sun, 30 Jun 2024 | د.إ186.4b | د.إ62.5b | د.إ24.4b | 6.8x | 7.6x | 3x |
| Tue, 28 May 2024 | د.إ175.7b | د.إ62.5b | د.إ24.4b | 6.9x | 7.2x | 2.8x |
| Thu, 25 Apr 2024 | د.إ181.1b | د.إ58.3b | د.إ24.1b | 7.9x | 7.5x | 3.1x |
| Sat, 23 Mar 2024 | د.إ186.7b | د.إ58.3b | د.إ24.0b | 7.2x | 7.8x | 3.2x |
| Mon, 19 Feb 2024 | د.إ175.8b | د.إ58.3b | د.إ23.8b | 10.4x | 7.4x | 3x |
| Wed, 17 Jan 2024 | د.إ169.4b | د.إ51.7b | د.إ19.2b | 13.9x | 8.8x | 3.3x |
| Fri, 15 Dec 2023 | د.إ168.0b | د.إ51.7b | د.إ19.2b | 13.5x | 8.8x | 3.2x |
| Sun, 12 Nov 2023 | د.إ165.6b | د.إ51.6b | د.إ19.6b | 11.7x | 8.4x | 3.2x |
| Tue, 10 Oct 2023 | د.إ170.0b | د.إ49.1b | د.إ16.2b | 11.2x | 10.5x | 3.5x |
| Thu, 07 Sep 2023 | د.إ161.5b | د.إ49.1b | د.إ16.2b | 10.7x | 10x | 3.3x |
| Sat, 05 Aug 2023 | د.إ162.4b | د.إ51.7b | د.إ16.5b | 11.3x | 9.8x | 3.1x |
| Mon, 03 Jul 2023 | د.إ150.6b | د.إ50.8b | د.إ16.1b | 12.2x | 9.4x | 3x |
| Wed, 31 May 2023 | د.إ144.2b | د.إ50.8b | د.إ16.1b | 13.9x | 9x | 2.8x |
| Fri, 28 Apr 2023 | د.إ146.1b | د.إ51.6b | د.إ15.0b | 14.9x | 9.7x | 2.8x |
| Sun, 26 Mar 2023 | د.إ133.0b | د.إ51.6b | د.إ15.0b | 11.4x | 8.9x | 2.6x |
| Tue, 21 Feb 2023 | د.إ135.1b | د.إ51.4b | د.إ13.9b | 11.1x | 9.7x | 2.6x |
| Thu, 19 Jan 2023 | د.إ132.9b | د.إ55.1b | د.إ13.9b | 10x | 9.6x | 2.4x |
| Sat, 17 Dec 2022 | د.إ127.9b | د.إ55.1b | د.إ13.7b | 9.8x | 9.3x | 2.3x |
| Mon, 14 Nov 2022 | د.إ136.1b | د.إ56.4b | د.إ12.8b | 10.7x | 10.7x | 2.4x |
| Wed, 12 Oct 2022 | د.إ125.7b | د.إ55.8b | د.إ12.3b | 12.9x | 10.2x | 2.3x |
| Fri, 09 Sep 2022 | د.إ133.0b | د.إ55.8b | د.إ12.3b | 14x | 10.8x | 2.4x |
| Sun, 07 Aug 2022 | د.إ128.0b | د.إ55.5b | د.إ10.7b | 13.3x | 12x | 2.3x |
| Tue, 05 Jul 2022 | د.إ108.0b | د.إ55.1b | د.إ10.5b | 10.8x | 10.3x | 2x |
| Thu, 02 Jun 2022 | د.إ131.8b | د.إ58.0b | د.إ9.8b | 16.8x | 13.5x | 2.3x |
| Sat, 30 Apr 2022 | د.إ143.4b | د.إ56.9b | د.إ7.8b | 16.4x | 18.3x | 2.5x |
| Mon, 28 Mar 2022 | د.إ160.3b | د.إ61.7b | د.إ9.8b | 16.6x | 16.4x | 2.6x |
| Wed, 23 Feb 2022 | د.إ151.3b | د.إ60.2b | د.إ9.0b | 13.1x | 16.7x | 2.5x |
Price to Earnings Ratio
16.7x
Current Industry PE
- Investors are relatively neutral on the Emirian Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 10.0x.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 46% per year over the last three years.
- Revenues for these companies have grown 11% 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 Real Estate sector?
| AE Market | 0.23% | |
| Real Estate | 5.18% | |
| Real Estate | 5.21% | |
| Specialized REITs | 0% | 0 |
| Residential REITs | 0% | 0 |
| Hotel and Resort REITs | 0% | 0 |
| Industrial REITs | 0% | 0 |
| Health Care REITs | 0% | 0 |
| Retail REITs | 0% | 0 |
| Office REITs | 0% | 0 |
| REITS | -0.94% | |
Industry PE
- Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 10.0x.
- Analysts are expecting annual earnings growth of 7.3%, which is lower than the prior year's growth of 39.2% per year.
- Investors are most pessimistic about the REITS industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.5x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 7.3% over the next 5 years.
- However this is lower than its past earnings growth rate of 39% per year.
- In contrast, the REITS industry is expected to see its earnings decline by 60% 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 | |
|---|---|---|---|---|---|
| ALDAR Aldar Properties PJSC | د.إ9.19 | 15.5% +د.إ9.7b | 82.7% | PE13.2x | |
| EMAARDEV Emaar Development PJSC | د.إ14.05 | 6.4% +د.إ3.4b | 82.5% | PE7.4x | |
| RAKPROP RAK Properties PJSC | د.إ1.37 | 16.1% +د.إ562.2m | 6.3% | PE14.4x | |
| EMAAR Emaar Properties PJSC | د.إ13.70 | 0.4% +د.إ441.9m | 67.5% | PE9x | |
| TECOM TECOM Group PJSC | د.إ3.05 | 2.0% +د.إ300.0m | 7.0% | PE12.4x |