Emirati (ADX) IT Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies1
- 7D0%
- 3M32.5%
- 1Y-18.9%
- YTD18.1%
In the last week, the IT industry is up 13%, with all of the companies up. In contrast, the industry has lost 23% in the last 12 months.
Industry Valuation and Performance
Has the Emirati IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | د.إ14.6b | د.إ1.8b | د.إ570.1m | 25.7x | 25.7x | 8.2x |
| Sun, 24 Mar 2024 | د.إ10.4b | د.إ1.8b | د.إ570.1m | 18.3x | 18.3x | 5.9x |
| Tue, 20 Feb 2024 | د.إ10.5b | د.إ1.8b | د.إ570.1m | 18.4x | 18.4x | 5.9x |
| Thu, 18 Jan 2024 | د.إ11.6b | د.إ1.6b | د.إ557.2m | 20.8x | 20.8x | 7.1x |
| Sat, 16 Dec 2023 | د.إ12.5b | د.إ1.6b | د.إ557.2m | 22.4x | 22.4x | 7.6x |
| Mon, 13 Nov 2023 | د.إ13.9b | د.إ1.6b | د.إ431.9m | 32.1x | 32.1x | 8.7x |
| Wed, 11 Oct 2023 | د.إ15.3b | د.إ1.6b | د.إ431.9m | 35.5x | 35.5x | 9.6x |
| Fri, 08 Sep 2023 | د.إ17.5b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Sun, 06 Aug 2023 | د.إ18.8b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Tue, 04 Jul 2023 | د.إ18.2b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Thu, 01 Jun 2023 | د.إ18.9b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Sat, 29 Apr 2023 | د.إ18.5b | د.إ0 | د.إ0 | n/a | n/a | n/a |
Price to Earnings Ratio
n/a
Current Industry PE
- There is only one company in the Emirian IT industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings GrowthThere is insufficient data in this particular industry to determine past growth rates.
Industry Trends
Which industries have driven the changes within the Emirati Tech industry?
| AE Market | -1.50% | |
| Tech | 3.79% | |
| IT | 0% | |
| Internet Services and Infrastructure | 0% | |
| IT Consulting | 0% | |
| Data Processing Services | 0% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 13.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.2x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PRESIGHT Presight AI Holding | د.إ2.56 | 2.4% +د.إ336.5m | -21.2% | PE25.2x |