Emirates Integrated Telecommunications Company PJSC (DFM:DU) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
Jul 26
Emirati (ADX) Telecom Services and Carriers Industry Analysis
UpdatedAug 21, 2024
DataAggregated Company Financials
Companies4
- 7D3.0%
- 3M7.9%
- 1Y-12.1%
- YTD-8.3%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.3%, driven by a pullback from Emirates Telecommunications Group Company PJSC of 1.8%. However, the industry is down 17% over the past year. Earnings are forecast to grow by 5.2% annually.
Industry Valuation and Performance
Has the Emirati Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 21 Aug 2024 | د.إ185.2b | د.إ72.4b | د.إ13.6b | 13.7x | 13.6x | 2.6x |
| Fri, 19 Jul 2024 | د.إ174.3b | د.إ71.7b | د.إ12.8b | 13.6x | 13.7x | 2.4x |
| Sun, 16 Jun 2024 | د.إ169.9b | د.إ71.7b | د.إ12.8b | 13.2x | 13.3x | 2.4x |
| Tue, 14 May 2024 | د.إ176.5b | د.إ71.9b | د.إ12.8b | 13.7x | 13.8x | 2.5x |
| Thu, 11 Apr 2024 | د.إ191.0b | د.إ70.5b | د.إ12.5b | 14.4x | 15.3x | 2.7x |
| Sat, 09 Mar 2024 | د.إ189.3b | د.إ70.7b | د.إ12.3b | 15.2x | 15.4x | 2.7x |
| Mon, 05 Feb 2024 | د.إ196.7b | د.إ69.8b | د.إ12.2b | 16x | 16.1x | 2.8x |
| Wed, 03 Jan 2024 | د.إ202.1b | د.إ69.8b | د.إ12.2b | 16.6x | 16.5x | 2.9x |
| Fri, 01 Dec 2023 | د.إ198.5b | د.إ69.8b | د.إ12.2b | 16.2x | 16.2x | 2.8x |
| Sun, 29 Oct 2023 | د.إ187.0b | د.إ69.3b | د.إ11.7b | 16.6x | 16x | 2.7x |
| Tue, 26 Sep 2023 | د.إ209.6b | د.إ69.1b | د.إ11.7b | 17.9x | 18x | 3x |
| Thu, 24 Aug 2023 | د.إ205.3b | د.إ69.2b | د.إ11.7b | 17.6x | 17.6x | 3x |
| Sat, 22 Jul 2023 | د.إ225.2b | د.إ68.3b | د.إ11.5b | 19.6x | 19.6x | 3.3x |
| Mon, 19 Jun 2023 | د.إ225.7b | د.إ68.3b | د.إ11.5b | 19.2x | 19.6x | 3.3x |
| Wed, 17 May 2023 | د.إ226.1b | د.إ68.3b | د.إ11.5b | 19.1x | 19.6x | 3.3x |
| Fri, 14 Apr 2023 | د.إ233.7b | د.إ68.3b | د.إ11.7b | 19.5x | 20x | 3.4x |
| Sun, 12 Mar 2023 | د.إ249.4b | د.إ68.1b | د.إ11.7b | 20.4x | 21.2x | 3.7x |
| Tue, 07 Feb 2023 | د.إ265.5b | د.إ68.4b | د.إ11.2b | 21.8x | 23.6x | 3.9x |
| Thu, 05 Jan 2023 | د.إ231.9b | د.إ68.4b | د.إ11.2b | 20.6x | 20.6x | 3.4x |
| Sat, 03 Dec 2022 | د.إ257.1b | د.إ68.4b | د.إ11.2b | 22.2x | 22.9x | 3.8x |
| Mon, 31 Oct 2022 | د.إ254.2b | د.إ68.3b | د.إ11.2b | 21.3x | 22.7x | 3.7x |
| Wed, 28 Sep 2022 | د.إ236.4b | د.إ68.3b | د.إ11.2b | 21.5x | 21.1x | 3.5x |
| Fri, 26 Aug 2022 | د.إ258.7b | د.إ68.3b | د.إ11.2b | 21.8x | 23.1x | 3.8x |
| Sun, 24 Jul 2022 | د.إ276.7b | د.إ68.2b | د.إ10.9b | 23.8x | 25.3x | 4.1x |
| Tue, 21 Jun 2022 | د.إ266.7b | د.إ67.9b | د.إ10.9b | 23.8x | 24.5x | 3.9x |
| Thu, 19 May 2022 | د.إ308.9b | د.إ67.9b | د.إ10.9b | 24.7x | 28.4x | 4.5x |
| Sat, 16 Apr 2022 | د.إ358.5b | د.إ67.6b | د.إ10.7b | 26.7x | 33.4x | 5.3x |
| Mon, 14 Mar 2022 | د.إ341.9b | د.إ67.6b | د.إ10.6b | 27.4x | 32.2x | 5.1x |
| Wed, 09 Feb 2022 | د.إ324.7b | د.إ66.7b | د.إ10.2b | 31.2x | 31.8x | 4.9x |
| Fri, 07 Jan 2022 | د.إ305.2b | د.إ66.7b | د.إ10.2b | n/a | 29.9x | 4.6x |
| Sun, 05 Dec 2021 | د.إ312.6b | د.إ66.7b | د.إ10.2b | 30.4x | 30.6x | 4.7x |
| Tue, 02 Nov 2021 | د.إ260.0b | د.إ66.7b | د.إ10.2b | 26.7x | 25.5x | 3.9x |
| Thu, 30 Sep 2021 | د.إ245.5b | د.إ66.2b | د.إ10.7b | 22.7x | 23x | 3.7x |
| Sat, 28 Aug 2021 | د.إ243.4b | د.إ66.2b | د.إ10.7b | 22.4x | 22.8x | 3.7x |
Price to Earnings Ratio
22.8x
Current Industry PE
- Investors are pessimistic on the Emirian Telecom 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 13.2x which is lower than its 3-year average PE of 21.5x.
- The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have grown 8.3% per year over the last three years.
- Revenues for these companies have grown 3.0% 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 industry?
| AE Market | 1.07% | |
| Telecom | 2.98% | |
| Telecom Services and Carriers | 2.98% | |
| Integrated Telecom Services | 3.05% | |
| Alternative Carriers | 0.51% | |
Industry PE
- Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 21.5x.
- Analysts are expecting annual earnings growth of 4.8%, which is lower than the prior year's growth of 32.2% per year.
- Investors are most pessimistic about the Alternative Carriers industry, which is trading below its 3-year average of 22.8x.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 111% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 4.8% 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 | |
|---|---|---|---|---|---|
| EAND Emirates Telecommunications Group Company PJSC | د.إ17.32 | 3.3% +د.إ4.9b | -13.7% | PE13.6x | |
| DU Emirates Integrated Telecommunications Company PJSC | د.إ6.28 | 2.1% +د.إ589.3m | 18.0% | PE13.7x | |
| YAHSAT Al Yah Satellite Communication Company PJSC | د.إ1.99 | 1.0% +د.إ48.8m | -22.0% | PE9.6x |