Emirates Telecommunications Group Company PJSC (ADX:EAND) Has Affirmed Its Dividend Of AED0.40
Apr 24
Emirati (ADX) Telecom Sector Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies5
- 7D-2.8%
- 3M-13.9%
- 1Y-24.2%
- YTD-11.4%
Over the last 7 days, the Telecom industry has dropped 2.8%, driven by a pullback from Emirates Telecommunications Group Company PJSC of 4.5%. Meanwhile, Palms Sports PJSC actually outperformed within the industry, gaining 5.6% in the last week. However, the industry is down 24% over the past year. As for the next few years, earnings are expected to grow by 4.7% per annum.
Sector Valuation and Performance
Has the Emirati Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | د.إ180.9b | د.إ71.1b | د.إ12.6b | 14.3x | 14.4x | 2.5x |
| Fri, 22 Mar 2024 | د.إ193.7b | د.إ71.3b | د.إ12.4b | 15.8x | 15.6x | 2.7x |
| Sun, 18 Feb 2024 | د.إ199.1b | د.إ70.6b | د.إ12.4b | 15.9x | 16x | 2.8x |
| Tue, 16 Jan 2024 | د.إ204.8b | د.إ70.2b | د.إ12.4b | 15.9x | 16.6x | 2.9x |
| Thu, 14 Dec 2023 | د.إ198.0b | د.إ70.2b | د.إ12.4b | 15.5x | 16x | 2.8x |
| Sat, 11 Nov 2023 | د.إ203.7b | د.إ70.3b | د.إ12.6b | 15.7x | 16.2x | 2.9x |
| Mon, 09 Oct 2023 | د.إ205.6b | د.إ69.5b | د.إ11.8b | 17.5x | 17.4x | 3x |
| Wed, 06 Sep 2023 | د.إ195.5b | د.إ69.5b | د.إ11.8b | 16.6x | 16.6x | 2.8x |
| Fri, 04 Aug 2023 | د.إ224.8b | د.إ69.5b | د.إ11.8b | 17.8x | 19x | 3.2x |
| Sun, 02 Jul 2023 | د.إ226.9b | د.إ68.6b | د.إ11.6b | 18.7x | 19.5x | 3.3x |
| Tue, 30 May 2023 | د.إ232.3b | د.إ68.6b | د.إ11.6b | 17.9x | 20x | 3.4x |
| Thu, 27 Apr 2023 | د.إ239.2b | د.إ68.6b | د.إ11.8b | 18.6x | 20.3x | 3.5x |
| Sat, 25 Mar 2023 | د.إ237.4b | د.إ68.4b | د.إ11.9b | 18.8x | 20x | 3.5x |
| Mon, 20 Feb 2023 | د.إ266.7b | د.إ68.9b | د.إ11.3b | 19.3x | 23.5x | 3.9x |
| Wed, 18 Jan 2023 | د.إ255.0b | د.إ68.7b | د.إ11.4b | 19.8x | 22.4x | 3.7x |
| Fri, 16 Dec 2022 | د.إ236.7b | د.إ68.7b | د.إ11.4b | 20.4x | 20.8x | 3.4x |
| Sun, 13 Nov 2022 | د.إ258.1b | د.إ68.6b | د.إ11.3b | 20.7x | 22.8x | 3.8x |
| Tue, 11 Oct 2022 | د.إ245.4b | د.إ68.5b | د.إ11.3b | 20.6x | 21.7x | 3.6x |
| Thu, 08 Sep 2022 | د.إ246.4b | د.إ68.5b | د.إ11.3b | 21.7x | 21.8x | 3.6x |
| Sat, 06 Aug 2022 | د.إ282.1b | د.إ68.2b | د.إ11.1b | 22.7x | 25.4x | 4.1x |
| Mon, 04 Jul 2022 | د.إ259.3b | د.إ68.2b | د.إ11.0b | 23x | 23.6x | 3.8x |
| Wed, 01 Jun 2022 | د.إ299.6b | د.إ68.2b | د.إ11.0b | 23.5x | 27.3x | 4.4x |
| Fri, 29 Apr 2022 | د.إ343.1b | د.إ67.9b | د.إ10.9b | 25.2x | 31.4x | 5x |
| Sun, 27 Mar 2022 | د.إ352.6b | د.إ67.9b | د.إ10.7b | 27.1x | 33x | 5.2x |
| Tue, 22 Feb 2022 | د.إ325.9b | د.إ67.3b | د.إ10.6b | 28x | 30.8x | 4.8x |
| Thu, 20 Jan 2022 | د.إ299.8b | د.إ66.9b | د.إ10.3b | 29x | 29.1x | 4.5x |
| Sat, 18 Dec 2021 | د.إ361.3b | د.إ67.0b | د.إ10.3b | 32.3x | 35.1x | 5.4x |
| Mon, 15 Nov 2021 | د.إ282.7b | د.إ67.0b | د.إ10.3b | 28.4x | 27.5x | 4.2x |
| Wed, 13 Oct 2021 | د.إ256.4b | د.إ66.5b | د.إ10.8b | 24.8x | 23.8x | 3.9x |
| Fri, 10 Sep 2021 | د.إ253.8b | د.إ66.5b | د.إ10.8b | 24.3x | 23.6x | 3.8x |
| Sun, 08 Aug 2021 | د.إ247.4b | د.إ66.5b | د.إ10.8b | 22.3x | 23x | 3.7x |
| Sat, 01 May 2021 | د.إ216.3b | د.إ64.2b | د.إ10.5b | 22x | 20.6x | 3.4x |
Price to Earnings Ratio
20.6x
Current Industry PE
- Investors are pessimistic on the Emirian Communication Services 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 14.4x which is lower than its 3-year average PE of 22.3x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 6.2% per year over the last three years.
- Revenues for these companies have grown 3.5% 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 Telecom sector?
| AE Market | -1.41% | |
| Telecom | -2.84% | |
| Entertainment | 9.09% | |
| Interactive Media and Services | 0% | |
| Media | 0% | |
| Wireless Telecom | 0% | |
| Telecom Services and Carriers | -2.95% | |
Industry PE
- Investors are most optimistic about the Entertainment industry, which is trading close to its 3-year average PE ratio of 17.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Telecom Services and Carriers industry, which is trading below its 3-year average of 22.4x.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 4.7% over the next 5 years.
- However this is lower than its past earnings growth rate of 20% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 4.7% 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 | |
|---|---|---|---|---|---|
| DU Emirates Integrated Telecommunications Company PJSC | د.إ5.57 | 0.4% +د.إ90.7m | 11.4% | PE15.1x | |
| PALMS Palms Sports PJSC | د.إ11.02 | 5.8% +د.إ90.0m | 10.2% | PE15.7x | |
| YAHSAT Al Yah Satellite Communication Company PJSC | د.إ2.36 | 0.4% +د.إ24.4m | -7.5% | PE14.2x | |
| SUDATEL Sudatel Telecom Group | د.إ0.28 | 3.7% +د.إ13.2m | -21.5% | PE5x |
