ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Share Price Could Signal Some Risk
Jun 14
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Emirati (ADX) Market Analysis & Valuation
UpdatedJun 14, 2025
DataAggregated Company Financials
Companies151
- 7D-1.6%
- 3M3.0%
- 1Y12.0%
- YTD1.0%
In the last week, the market has stayed flat, however the Energy sector stood out, gaining 3.1%. More promisingly, the market is up 13% over the past year. As for the next few years, earnings are expected to grow by 6.1% per annum.
Market Valuation and Performance
Has the Emirati Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 14 Jun 2025 | د.إ3.8t | د.إ1.0t | د.إ240.3b | 12.1x | 15.7x | 3.6x |
| Mon, 12 May 2025 | د.إ3.9t | د.إ1.0t | د.إ239.9b | 12.7x | 16.1x | 3.7x |
| Wed, 09 Apr 2025 | د.إ3.6t | د.إ1.0t | د.إ237.8b | 12.5x | 15.2x | 3.6x |
| Fri, 07 Mar 2025 | د.إ3.7t | د.إ996.8b | د.إ237.0b | 13.1x | 15.6x | 3.7x |
| Sun, 02 Feb 2025 | د.إ3.7t | د.إ941.1b | د.إ237.7b | 13.2x | 15.6x | 3.9x |
| Tue, 31 Dec 2024 | د.إ3.7t | د.إ928.2b | د.إ235.8b | 13.2x | 15.7x | 4x |
| Thu, 28 Nov 2024 | د.إ3.5t | د.إ922.4b | د.إ232.5b | 13.2x | 14.9x | 3.7x |
| Sat, 26 Oct 2024 | د.إ3.4t | د.إ861.9b | د.إ231.3b | 13.6x | 14.9x | 4x |
| Mon, 23 Sep 2024 | د.إ3.5t | د.إ848.7b | د.إ228.7b | 13.5x | 15.2x | 4.1x |
| Wed, 21 Aug 2024 | د.إ3.4t | د.إ833.5b | د.إ228.9b | 13.7x | 14.7x | 4x |
| Fri, 19 Jul 2024 | د.إ3.4t | د.إ787.6b | د.إ216.3b | 13.6x | 15.5x | 4.3x |
| Sun, 16 Jun 2024 | د.إ3.3t | د.إ781.8b | د.إ214.9b | 13.2x | 15.2x | 4.2x |
| Tue, 14 May 2024 | د.إ3.3t | د.إ773.8b | د.إ224.0b | 14x | 14.9x | 4.3x |
| Thu, 11 Apr 2024 | د.إ3.4t | د.إ736.4b | د.إ220.9b | 14.1x | 15.3x | 4.6x |
| Sat, 09 Mar 2024 | د.إ3.4t | د.إ743.1b | د.إ222.2b | 15.1x | 15.3x | 4.6x |
| Mon, 05 Feb 2024 | د.إ3.4t | د.إ655.0b | د.إ192.3b | 15.6x | 17.8x | 5.2x |
| Wed, 03 Jan 2024 | د.إ3.4t | د.إ653.9b | د.إ188.1b | 15.4x | 18.3x | 5.3x |
| Fri, 01 Dec 2023 | د.إ3.4t | د.إ649.5b | د.إ187.3b | 15.5x | 17.9x | 5.2x |
| Sun, 29 Oct 2023 | د.إ3.2t | د.إ638.7b | د.إ186.8b | 14.9x | 17.3x | 5.1x |
| Tue, 26 Sep 2023 | د.إ3.5t | د.إ616.3b | د.إ187.5b | 16.2x | 18.8x | 5.7x |
| Thu, 24 Aug 2023 | د.إ3.5t | د.إ616.2b | د.إ187.4b | 16.2x | 18.6x | 5.6x |
| Sat, 22 Jul 2023 | د.إ3.4t | د.إ603.8b | د.إ184.7b | 16.2x | 18.5x | 5.7x |
| Mon, 19 Jun 2023 | د.إ3.3t | د.إ664.5b | د.إ195.4b | 15.6x | 16.9x | 5x |
| Wed, 17 May 2023 | د.إ3.3t | د.إ662.7b | د.إ195.1b | 16.3x | 16.7x | 4.9x |
| Fri, 14 Apr 2023 | د.إ3.3t | د.إ642.3b | د.إ176.2b | 15.4x | 18.5x | 5.1x |
| Sun, 12 Mar 2023 | د.إ3.1t | د.إ568.8b | د.إ159.9b | 14.4x | 19.3x | 5.4x |
| Tue, 07 Feb 2023 | د.إ3.1t | د.إ563.5b | د.إ154.3b | 13.4x | 19.9x | 5.4x |
| Thu, 05 Jan 2023 | د.إ3.2t | د.إ554.4b | د.إ153.4b | 13.7x | 20.6x | 5.7x |
| Sat, 03 Dec 2022 | د.إ3.2t | د.إ545.2b | د.إ152.4b | 13.5x | 20.8x | 5.8x |
| Mon, 31 Oct 2022 | د.إ2.9t | د.إ519.3b | د.إ133.8b | 13.7x | 21.5x | 5.5x |
| Wed, 28 Sep 2022 | د.إ2.7t | د.إ509.2b | د.إ129.9b | 14.4x | 20.9x | 5.3x |
| Fri, 26 Aug 2022 | د.إ2.6t | د.إ508.3b | د.إ128.2b | 15x | 20.4x | 5.1x |
| Sun, 24 Jul 2022 | د.إ2.5t | د.إ481.3b | د.إ115.8b | 15.4x | 21.5x | 5.2x |
| Tue, 21 Jun 2022 | د.إ2.4t | د.إ475.7b | د.إ114.2b | 15.1x | 21.2x | 5.1x |
Price to Earnings Ratio
21.2x
Current Market PE
- Investors are relatively neutral on the Emirian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 17.5x.
Past Earnings Growth
- The earnings for Emirian listed companies have grown 28% per year over the last three years.
- Revenues for these companies have grown 30% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Emirati Market?
| AE Market | -1.58% | |
| Energy | 1.67% | |
| Utilities | 1.48% | |
| Tech | -1.18% | |
| Industrials | -1.32% | |
| Telecom | -1.86% | |
| Materials | -2.34% | |
| Consumer Staples | -2.68% | |
| Consumer Discretionary | -3.19% | |
| Financials | -3.63% | |
| Real Estate | -4.97% | |
| Healthcare | -6.20% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 24.7x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 14.4% which is higher than its past year's earnings decline of 2.7% per year.
- The Real Estate sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 9.2x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 20% per year.
- In contrast, the Telecom industry is expected to see its earnings growth to stay flat 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 | Sector | |
|---|---|---|---|---|---|---|
| TAQA Abu Dhabi National Energy Company PJSC | د.إ3.37 | 2.4% +د.إ9.0b | 20.4% | PE54.2x | Utilities | |
| ADNOCGAS ADNOC Gas | د.إ3.35 | 1.8% +د.إ4.6b | 10.9% | PE13.8x | Energy | |
| ADNOCDRILL ADNOC Drilling Company P.J.S.C | د.إ5.49 | 4.2% +د.إ3.5b | 35.6% | PE17.5x | Energy | |
| GHITHA Ghitha Holding P.J.S.C | د.إ28.30 | 29.9% +د.إ1.6b | -12.9% | PE67.3x | Consumer Staples | |
| ESG ESG Emirates Stallions Group PJSC | د.إ15.76 | 27.3% +د.إ845.0m | 56.7% | PE18.9x | Industrials |
