Solid Earnings May Not Tell The Whole Story For Presight AI Holding (ADX:PRESIGHT)
Nov 20
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Emirati (ADX) IT Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies1
- 7D-6.3%
- 3M-10.3%
- 1Y-5.5%
- YTD-5.9%
Over the last 7 days, the IT industry has remained flat, although notably Presight AI Holding declined by 5.0%. As for the longer term, the industry has declined 4.0% in the last year. Earnings are forecast to grow by 21% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | د.إ11.7b | د.إ1.9b | د.إ565.0m | 20.6x | 20.6x | 6.2x |
| Sat, 16 Nov 2024 | د.إ12.9b | د.إ1.9b | د.إ565.0m | 22.8x | 22.8x | 6.8x |
| Mon, 14 Oct 2024 | د.إ13.0b | د.إ1.9b | د.إ598.6m | 21.7x | 21.7x | 7x |
| Wed, 11 Sep 2024 | د.إ12.7b | د.إ1.9b | د.إ598.6m | 21.2x | 21.2x | 6.8x |
| Fri, 09 Aug 2024 | د.إ12.8b | د.إ1.8b | د.إ593.7m | 21.6x | 21.6x | 7.1x |
| Sun, 07 Jul 2024 | د.إ12.7b | د.إ1.8b | د.إ593.7m | 21.4x | 21.4x | 7x |
| Tue, 04 Jun 2024 | د.إ11.3b | د.إ1.8b | د.إ593.7m | 19x | 19x | 6.2x |
| Thu, 02 May 2024 | د.إ14.5b | د.إ1.8b | د.إ570.1m | 25.5x | 25.5x | 8.2x |
| Sat, 30 Mar 2024 | د.إ10.2b | د.إ1.8b | د.إ570.1m | 17.9x | 17.9x | 5.7x |
| Mon, 26 Feb 2024 | د.إ10.4b | د.إ1.8b | د.إ570.1m | 18.2x | 18.2x | 5.8x |
| Wed, 24 Jan 2024 | د.إ11.6b | د.إ1.6b | د.إ557.2m | 20.8x | 20.8x | 7.1x |
| Fri, 22 Dec 2023 | د.إ12.2b | د.إ1.6b | د.إ557.2m | 21.9x | 21.9x | 7.4x |
| Sun, 19 Nov 2023 | د.إ13.0b | د.إ1.6b | د.إ557.2m | 23.4x | 23.4x | 7.9x |
| Tue, 17 Oct 2023 | د.إ14.4b | د.إ1.6b | د.إ431.9m | 33.4x | 33.4x | 9.1x |
| Thu, 14 Sep 2023 | د.إ16.9b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Sat, 12 Aug 2023 | د.إ19.0b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Mon, 10 Jul 2023 | د.إ18.4b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Wed, 07 Jun 2023 | د.إ18.5b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Fri, 05 May 2023 | د.إ19.8b | 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 | 0.98% | |
| Tech | -4.21% | |
| IT | -6.31% | |
| Internet Services and Infrastructure | 0% | |
| Data Processing Services | 0% | |
| IT Consulting | -6.31% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 16.9x.
- Analysts are expecting annual earnings growth of 20.6%, which is higher than its past year's earnings growth of 1.4% per year.
- 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 16.9x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings growth rate of 1.4% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| No data available | |||||