Analysis Article • Aug 16
Have your own idea? Try our Stock Screener
- 7D3.7%
- 3M9.7%
- 1Y0.8%
- YTD10.7%
Over the last 7 days, the IT industry has risen 4.4%, driven by gains from every company within the industry. Overall in the last year, the industry is flat. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Tue, 18 Aug 2026 | د.إ21.8b | د.إ6.0b | د.إ762.5m | 21.3x | 28.7x | 3.7x |
| Thu, 16 Jul 2026 | د.إ21.3b | د.إ5.7b | د.إ736.9m | 21.7x | 28.9x | 3.7x |
| Sat, 13 Jun 2026 | د.إ22.6b | د.إ5.7b | د.إ736.9m | 22.8x | 30.6x | 4x |
| Mon, 11 May 2026 | د.إ22.0b | د.إ5.5b | د.إ726.2m | 22.7x | 30.3x | 4x |
| Wed, 08 Apr 2026 | د.إ18.0b | د.إ5.5b | د.إ726.2m | 19.3x | 24.7x | 3.3x |
| Fri, 06 Mar 2026 | د.إ19.8b | د.إ5.5b | د.إ726.2m | 20.8x | 27.2x | 3.6x |
| Sun, 01 Feb 2026 | د.إ20.6b | د.إ5.3b | د.إ687.5m | 23.3x | 30x | 3.9x |
| Tue, 30 Dec 2025 | د.إ20.4b | د.إ5.3b | د.إ687.5m | 23.2x | 29.6x | 3.8x |
| Thu, 27 Nov 2025 | د.إ18.2b | د.إ5.3b | د.إ687.5m | 20.9x | 26.4x | 3.4x |
| Sat, 25 Oct 2025 | د.إ22.0b | د.إ5.2b | د.إ677.1m | 25x | 32.4x | 4.3x |
| Mon, 22 Sep 2025 | د.إ21.5b | د.إ5.2b | د.إ677.1m | 24.7x | 31.8x | 4.2x |
| Wed, 20 Aug 2025 | د.إ21.6b | د.إ5.2b | د.إ677.1m | 24.8x | 31.8x | 4.2x |
| Fri, 18 Jul 2025 | د.إ23.2b | د.إ5.0b | د.إ673.7m | 26.3x | 34.5x | 4.6x |
| Sun, 15 Jun 2025 | د.إ15.0b | د.إ5.0b | د.إ673.7m | 18.1x | 22.2x | 3x |
| Tue, 13 May 2025 | د.إ14.3b | د.إ4.8b | د.إ663.5m | 18.1x | 21.5x | 3x |
| Thu, 10 Apr 2025 | د.إ11.5b | د.إ4.5b | د.إ650.9m | 15.5x | 17.6x | 2.5x |
| Sat, 08 Mar 2025 | د.إ11.8b | د.إ2.2b | د.إ524.1m | 22.5x | 22.5x | 5.3x |
| Mon, 03 Feb 2025 | د.إ12.9b | د.إ1.9b | د.إ565.0m | 22.8x | 22.8x | 6.8x |
| Wed, 01 Jan 2025 | د.إ11.6b | د.إ1.9b | د.إ565.0m | 20.5x | 20.5x | 6.2x |
| Fri, 29 Nov 2024 | د.إ12.4b | د.إ1.9b | د.إ565.0m | 21.9x | 21.9x | 6.6x |
| Sun, 27 Oct 2024 | د.إ12.8b | د.إ1.9b | د.إ598.6m | 21.4x | 21.4x | 6.8x |
| Tue, 24 Sep 2024 | د.إ13.5b | د.إ1.9b | د.إ598.6m | 22.5x | 22.5x | 7.2x |
| Thu, 22 Aug 2024 | د.إ13.8b | د.إ1.9b | د.إ598.6m | 23x | 23x | 7.4x |
| Sat, 20 Jul 2024 | د.إ14.4b | د.إ1.8b | د.إ593.7m | 24.1x | 24.2x | 7.9x |
| Mon, 17 Jun 2024 | د.إ12.8b | د.إ1.8b | د.إ593.7m | 21.6x | 21.6x | 7.1x |
| Wed, 15 May 2024 | د.إ14.2b | د.إ1.8b | د.إ593.7m | 23.9x | 23.9x | 7.8x |
| Fri, 12 Apr 2024 | د.إ12.6b | د.إ1.8b | د.إ570.1m | 22x | 22x | 7.1x |
| Sun, 10 Mar 2024 | د.إ9.6b | د.إ1.8b | د.إ570.1m | 16.8x | 16.8x | 5.4x |
| Tue, 06 Feb 2024 | د.إ11.2b | د.إ1.6b | د.إ557.2m | 20.1x | 20.1x | 6.8x |
| Thu, 04 Jan 2024 | د.إ12.5b | د.إ1.6b | د.إ557.2m | 22.4x | 22.4x | 7.6x |
| Sat, 02 Dec 2023 | د.إ13.9b | د.إ1.6b | د.إ557.2m | 25x | 25x | 8.5x |
| Mon, 30 Oct 2023 | د.إ13.7b | د.إ1.6b | د.إ431.9m | 31.8x | 31.8x | 8.7x |
| Wed, 27 Sep 2023 | د.إ16.9b | د.إ0 | د.إ0 | n/a | n/a | n/a |
| Fri, 25 Aug 2023 | د.إ18.2b | د.إ0 | د.إ0 | n/a | n/a | n/a |
Price to Earnings Ratio
n/a
Current Industry PE
- There are only 2 companies 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 | -0.10% | |
| Tech | 2.26% | |
| IT | 3.68% | |
| IT Consulting | 3.68% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 24.6x.
- Analysts are expecting annual earnings growth of 20.6%, which is higher than its past year's earnings growth of 11.1% 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 24.6x.
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 11% 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 | |
|---|---|---|---|---|---|
| PRESIGHT Presight AI Holding | د.إ3.65 | 4.0% +د.إ785.2m | 2.8% | PE33.2x |