Header cover image

Emirati (ADX) Real Estate Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies13
  • 7D2.2%
  • 3M9.4%
  • 1Y24.2%
  • YTD12.5%

The Real Estate industry is up 3.5% in the last week, with Aldar Properties PJSC up 2.9%. Meanwhile, ARAM Group Company P.J.S.C actually underperformed within the industry, shrinking 9.3% in the last week. This takes the industry's 12 month performance to a gain of 24%. Earnings are forecast to grow by 8.7% annually.

Industry Valuation and Performance

Has the Emirati Real Estate Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024د.إ197.4bد.إ62.4bد.إ24.2b12x8.1x3.2x
Sun, 23 Jun 2024د.إ180.3bد.إ62.4bد.إ24.2b9.3x7.4x2.9x
Tue, 21 May 2024د.إ178.5bد.إ62.4bد.إ24.2b9.1x7.4x2.9x
Thu, 18 Apr 2024د.إ183.6bد.إ58.2bد.إ23.9b9x7.7x3.2x
Sat, 16 Mar 2024د.إ183.2bد.إ58.2bد.إ24.4b11.7x7.5x3.1x
Mon, 12 Feb 2024د.إ169.8bد.إ57.8bد.إ23.8b14.2x7.1x2.9x
Wed, 10 Jan 2024د.إ173.7bد.إ51.6bد.إ19.1b16.4x9.1x3.4x
Fri, 08 Dec 2023د.إ165.4bد.إ51.6bد.إ19.1b15.5x8.7x3.2x
Sun, 05 Nov 2023د.إ160.9bد.إ49.9bد.إ16.5b12.9x9.8x3.2x
Tue, 03 Oct 2023د.إ181.4bد.إ49.0bد.إ16.1b14.5x11.2x3.7x
Thu, 31 Aug 2023د.إ162.6bد.إ49.0bد.إ16.1b14.3x10.1x3.3x
Sat, 29 Jul 2023د.إ158.6bد.إ50.7bد.إ16.0b13.6x9.9x3.1x
Mon, 26 Jun 2023د.إ151.8bد.إ50.7bد.إ16.0b14.6x9.5x3x
Wed, 24 May 2023د.إ141.9bد.إ50.7bد.إ16.0b14.4x8.9x2.8x
Fri, 21 Apr 2023د.إ146.7bد.إ51.5bد.إ14.9b15.2x9.8x2.8x
Sun, 19 Mar 2023د.إ134.5bد.إ51.5bد.إ14.9b13.4x9x2.6x
Tue, 14 Feb 2023د.إ135.9bد.إ56.2bد.إ14.1b13.8x9.7x2.4x
Thu, 12 Jan 2023د.إ129.5bد.إ55.0bد.إ13.8b14.1x9.4x2.4x
Sat, 10 Dec 2022د.إ130.2bد.إ55.0bد.إ13.6b14.6x9.5x2.4x
Mon, 07 Nov 2022د.إ129.1bد.إ56.4bد.إ12.3b14.2x10.5x2.3x
Wed, 05 Oct 2022د.إ130.3bد.إ55.8bد.إ12.2b14x10.6x2.3x
Fri, 02 Sep 2022د.إ136.7bد.إ55.8bد.إ12.2b14.6x11.2x2.5x
Sun, 31 Jul 2022د.إ129.1bد.إ55.0bد.إ10.5b15.8x12.4x2.3x
Tue, 28 Jun 2022د.إ109.5bد.إ55.0bد.إ10.4b14.1x10.5x2x
Thu, 26 May 2022د.إ126.5bد.إ57.9bد.إ9.9b15.6x12.8x2.2x
Sat, 23 Apr 2022د.إ140.2bد.إ56.9bد.إ8.0b15.9x17.6x2.5x
Mon, 21 Mar 2022د.إ157.7bد.إ61.6bد.إ9.9b15.9x15.9x2.6x
Wed, 16 Feb 2022د.إ150.6bد.إ59.2bد.إ8.7b14.4x17.3x2.5x
Fri, 14 Jan 2022د.إ151.2bد.إ59.5bد.إ8.4b13.7x18x2.5x
Sun, 12 Dec 2021د.إ150.5bد.إ59.5bد.إ8.4b13.5x17.9x2.5x
Tue, 09 Nov 2021د.إ137.4bد.إ55.0bد.إ7.2b13.7x19.2x2.5x
Thu, 07 Oct 2021د.إ121.0bد.إ54.9bد.إ7.1b11.3x17.1x2.2x
Sat, 04 Sep 2021د.إ127.9bد.إ54.9bد.إ7.1b12.2x18.1x2.3x
Mon, 02 Aug 2021د.إ121.1bد.إ54.9bد.إ7.1b11.5x17.2x2.2x
Price to Earnings Ratio

17.2x


Total Market Cap: د.إ121.1bTotal Earnings: د.إ7.1bTotal Revenue: د.إ54.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Real Estate Industry Price to Earnings3Y Average 11.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Emirian Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.2x which is lower than its 3-year average PE of 11.6x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 51% per year over the last three years.
  • Revenues for these companies have grown 4.3% 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 industry?

AE Market0.69%
Real Estate2.22%
Real Estate2.22%
Diversified Real Estate3.00%
Real Estate Development2.09%
Real Estate Operating Companies0.34%
Real Estate Services0%
Industry PE
  • Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 3.3%, which is lower than the prior year's growth of 41.1% per year.
  • Investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 10.1x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 16% over the next 5 years.
  • In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 3.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ALDAR Aldar Properties PJSCد.إ7.143.3%
+د.إ1.8b		37.8%PE12.7x
EMAAR Emaar Properties PJSCد.إ8.522.0%
+د.إ1.5b		26.8%PE6.6x
EMAARDEV Emaar Development PJSCد.إ8.361.5%
+د.إ480.0m		29.6%PE4.9x
RAKPROP RAK Properties PJSCد.إ1.121.8%
+د.إ59.8m		-2.9%PE16.9x
ESHRAQ Eshraq Investments PJSCد.إ0.331.5%
+د.إ13.4m		-42.6%PS36.7x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ALDAR

د.إ7.14

Aldar Properties PJSC

7D

3.3%

1Y

37.8%

Potential Upside For Aldar Properties PJSC (ADX:ALDAR) Not Without Risk

Jul 25
Potential Upside For Aldar Properties PJSC (ADX:ALDAR) Not Without Risk

RAPCO

د.إ1.67

RAPCO Investment PJSC

7D

3.1%

1Y

-8.2%

RAKPROP

د.إ1.12

RAK Properties PJSC

7D

1.8%

1Y

-2.9%

KICO

د.إ1.63

Al Khaleej Investment P.J.S.C

7D

0.6%

1Y

89.5%

More Unpleasant Surprises Could Be In Store For Al Khaleej Investment P.J.S.C.'s (ADX:KICO) Shares After Tumbling 31%

Jun 05
More Unpleasant Surprises Could Be In Store For Al Khaleej Investment P.J.S.C.'s (ADX:KICO) Shares After Tumbling 31%

ESHRAQ

د.إ0.33

Eshraq Investments PJSC

7D

1.5%

1Y

-42.6%

EMAARDEV

د.إ8.36

Emaar Development PJSC

7D

1.5%

1Y

29.6%

EMAAR

د.إ8.52

Emaar Properties PJSC

7D

2.0%

1Y

26.8%

Potential Upside For Emaar Properties PJSC (DFM:EMAAR) Not Without Risk

May 23
Potential Upside For Emaar Properties PJSC (DFM:EMAAR) Not Without Risk

ARAM

د.إ2.54

ARAM Group Company P.J.S.C

7D

-9.3%

1Y

46.0%

DEYAAR

د.إ0.71

Deyaar Development PJSC

7D

0.3%

1Y

-4.1%

UPP

د.إ0.38

Union Properties

7D

-1.6%

1Y

-7.1%