Header cover image

Emirati (ADX) Real Estate Development Industry Analysis

UpdatedApr 18, 2024
DataAggregated Company Financials
Companies7
  • 7D-1.7%
  • 3M13.8%
  • 1Y36.0%
  • YTDn/a

Over the last 7 days, the Real Estate Development industry has remained flat. The past year has been better, since the industry has gained 35% in that time. Looking forward, earnings are forecast to grow by 1.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Apr 2024د.إ124.7bد.إ41.3bد.إ18.2b7.2x6.9x3x
Sat, 16 Mar 2024د.إ122.2bد.إ41.3bد.إ18.7b7.8x6.5x3x
Mon, 12 Feb 2024د.إ113.5bد.إ40.9bد.إ18.7b7x6.1x2.8x
Wed, 10 Jan 2024د.إ116.3bد.إ36.1bد.إ14.5b11.3x8x3.2x
Fri, 08 Dec 2023د.إ108.2bد.إ36.1bد.إ14.5b10.4x7.4x3x
Sun, 05 Nov 2023د.إ102.3bد.إ34.4bد.إ12.0b8.1x8.5x3x
Tue, 03 Oct 2023د.إ119.7bد.إ34.3bد.إ12.0b9.9x10x3.5x
Thu, 31 Aug 2023د.إ105.6bد.إ34.3bد.إ12.0b8.3x8.8x3.1x
Sat, 29 Jul 2023د.إ103.1bد.إ36.6bد.إ12.2b7.6x8.4x2.8x
Mon, 26 Jun 2023د.إ97.5bد.إ36.6bد.إ12.2b7.5x8x2.7x
Wed, 24 May 2023د.إ88.5bد.إ36.6bد.إ12.2b6.6x7.2x2.4x
Fri, 21 Apr 2023د.إ91.8bد.إ37.9bد.إ11.3b7.8x8.2x2.4x
Sun, 19 Mar 2023د.إ83.5bد.إ37.9bد.إ11.3b6.9x7.4x2.2x
Tue, 14 Feb 2023د.إ85.5bد.إ42.7bد.إ11.4b11x7.5x2x
Thu, 12 Jan 2023د.إ83.5bد.إ42.5bد.إ11.4b14.1x7.3x2x
Sat, 10 Dec 2022د.إ82.3bد.إ42.5bد.إ11.2b13.9x7.3x1.9x
Mon, 07 Nov 2022د.إ82.6bد.إ45.8bد.إ10.6b17.5x7.8x1.8x
Wed, 05 Oct 2022د.إ83.0bد.إ45.8bد.إ10.6b17x7.9x1.8x
Fri, 02 Sep 2022د.إ85.5bد.إ45.8bد.إ10.6b18.1x8.1x1.9x
Sun, 31 Jul 2022د.إ77.5bد.إ45.5bد.إ9.0b15.7x8.6x1.7x
Tue, 28 Jun 2022د.إ73.8bد.إ45.5bد.إ9.0b13.2x8.2x1.6x
Thu, 26 May 2022د.إ87.1bد.إ48.4bد.إ8.5b14.8x10.3x1.8x
Sat, 23 Apr 2022د.إ96.3bد.إ48.0bد.إ6.6b21.9x14.5x2x
Mon, 21 Mar 2022د.إ85.7bد.إ48.5bد.إ6.6b15.5x13x1.8x
Wed, 16 Feb 2022د.إ81.9bد.إ46.0bد.إ5.4b12.8x15.2x1.8x
Fri, 14 Jan 2022د.إ82.9bد.إ46.1bد.إ5.1b9.8x16.2x1.8x
Sun, 12 Dec 2021د.إ82.7bد.إ46.1bد.إ5.1b9.7x16.1x1.8x
Tue, 09 Nov 2021د.إ72.3bد.إ42.1bد.إ3.6b10.6x20.3x1.7x
Thu, 07 Oct 2021د.إ62.3bد.إ42.0bد.إ3.5b9.2x17.8x1.5x
Sat, 04 Sep 2021د.إ66.1bد.إ42.0bد.إ3.5b9.9x18.9x1.6x
Mon, 02 Aug 2021د.إ62.7bد.إ42.0bد.إ3.5b9.3x17.9x1.5x
Thu, 06 May 2021د.إ55.9bد.إ36.6bد.إ3.1b8.3x17.9x1.5x
Price to Earnings Ratio

17.9x


Total Market Cap: د.إ55.9bTotal Earnings: د.إ3.1bTotal Revenue: د.إ36.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Real Estate Development Industry Price to Earnings3Y Average 11.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Emirian Real Estate Development 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 6.9x which is lower than its 3-year average PE of 11.1x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Development industry have grown 80% per year over the last three years.
  • Revenues for these companies have grown 4.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Emirati Real Estate Development compare with similar industries?

AE Market-0.73%
Real Estate-1.24%
Real Estate-1.24%
Real Estate Development-1.65%
Real Estate Operating Companies0.70%
Real Estate Services0%
Diversified Real Estate-0.71%
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?

CompanyLast Price7D1YValuation
ESHRAQ Eshraq Investments PJSCد.إ0.307.6%
+د.إ56.4m		-38.8%PS25.2x
MANAZEL Manazel PJSCد.إ0.313.0%
+د.إ23.4m		-18.3%PS2.3x
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

ESHRAQ

د.إ0.30

Eshraq Investments PJSC

7D

7.6%

1Y

-38.8%

MANAZEL

د.إ0.31

Manazel PJSC

7D

3.0%

1Y

-18.3%

EMAAR

د.إ8.36

Emaar Properties PJSC

7D

-1.6%

1Y

39.3%

EMAARDEV

د.إ8.45

Emaar Development PJSC

7D

-2.2%

1Y

43.7%

DEYAAR

د.إ0.81

Deyaar Development PJSC

7D

-1.5%

1Y

58.7%

RAKPROP

د.إ1.21

RAK Properties PJSC

7D

-3.2%

1Y

105.3%