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Emirati (ADX) Market Analysis & Valuation

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies151
  • 7D-6.3%
  • 3M-3.5%
  • 1Y3.3%
  • YTD-3.8%

Over the last 7 days, the market has dropped 6.3%, driven by losses in every sector, especially the Financials sector. In contrast to the last week, the market is actually up 3.3% over the past year. As for the next few years, earnings are expected to grow by 4.5% per annum.

Market Valuation and Performance

Has the Emirati Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026د.إ3.7tد.إ1.2tد.إ266.4b10.6x14x3.2x
Mon, 02 Feb 2026د.إ4.0tد.إ1.1tد.إ258.2b11.9x15.3x3.4x
Wed, 31 Dec 2025د.إ3.9tد.إ1.1tد.إ255.0b11.7x15.2x3.4x
Fri, 28 Nov 2025د.إ3.7tد.إ1.1tد.إ255.1b11.8x14.7x3.3x
Sun, 26 Oct 2025د.إ4.0tد.إ1.1tد.إ243.7b12.6x16.2x3.6x
Tue, 23 Sep 2025د.إ3.9tد.إ1.1tد.إ240.5b12.7x16.3x3.6x
Thu, 21 Aug 2025د.إ4.0tد.إ1.1tد.إ239.3b13.3x16.7x3.7x
Sat, 19 Jul 2025د.إ4.0tد.إ1.0tد.إ240.8b13.1x16.6x3.8x
Mon, 16 Jun 2025د.إ3.8tد.إ1.0tد.إ240.3b12.1x15.7x3.6x
Wed, 14 May 2025د.إ3.9tد.إ1.0tد.إ239.8b12.8x16.1x3.7x
Fri, 11 Apr 2025د.إ3.7tد.إ1.0tد.إ237.9b12.5x15.4x3.7x
Sun, 09 Mar 2025د.إ3.7tد.إ996.8bد.إ236.9b13x15.5x3.7x
Tue, 04 Feb 2025د.إ3.7tد.إ938.1bد.إ237.5b13.3x15.6x3.9x
Thu, 02 Jan 2025د.إ3.7tد.إ928.2bد.إ235.8b13.5x15.8x4x
Sat, 30 Nov 2024د.إ3.5tد.إ922.6bد.إ232.5b13.1x14.9x3.8x
Mon, 28 Oct 2024د.إ3.4tد.إ861.8bد.إ231.3b13.6x14.9x4x
Wed, 25 Sep 2024د.إ3.5tد.إ848.7bد.إ228.7b13.5x15.2x4.1x
Fri, 23 Aug 2024د.إ3.4tد.إ834.1bد.إ228.6b13.7x14.9x4.1x
Sun, 21 Jul 2024د.إ3.4tد.إ790.6bد.إ218.2b13.3x15.4x4.3x
Tue, 18 Jun 2024د.إ3.3tد.إ781.8bد.إ214.9b13.2x15.2x4.2x
Thu, 16 May 2024د.إ3.3tد.إ778.1bد.إ223.7b14.2x14.8x4.3x
Sat, 13 Apr 2024د.إ3.4tد.إ735.6bد.إ220.9b14.1x15.3x4.6x
Mon, 11 Mar 2024د.إ3.4tد.إ738.2bد.إ221.1b14.9x15.4x4.6x
Wed, 07 Feb 2024د.إ3.4tد.إ653.2bد.إ192.1b15.6x17.5x5.1x
Fri, 05 Jan 2024د.إ3.5tد.إ653.9bد.إ188.1b15.4x18.4x5.3x
Sun, 03 Dec 2023د.إ3.3tد.إ649.5bد.إ187.3b15.5x17.8x5.1x
Tue, 31 Oct 2023د.إ3.2tد.إ638.7bد.إ186.8b14.8x17.4x5.1x
Thu, 28 Sep 2023د.إ3.5tد.إ626.9bد.إ189.7b16.1x18.5x5.6x
Sat, 26 Aug 2023د.إ3.5tد.إ616.2bد.إ187.4b16.1x18.5x5.6x
Mon, 24 Jul 2023د.إ3.4tد.إ603.8bد.إ184.3b16.2x18.6x5.7x
Wed, 21 Jun 2023د.إ3.3tد.إ664.5bد.إ195.4b15.7x16.9x5x
Fri, 19 May 2023د.إ3.3tد.إ663.5bد.إ195.2b16.2x16.7x4.9x
Sun, 16 Apr 2023د.إ3.3tد.إ642.8bد.إ176.8b15.5x18.5x5.1x
Tue, 14 Mar 2023د.إ3.1tد.إ575.2bد.إ159.1b14.2x19.2x5.3x
Price to Earnings Ratio

19.2x


Total Market Cap: د.إ3.1tTotal Earnings: د.إ159.1bTotal Revenue: د.إ575.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Market Price to Earnings3Y Average 16.3x202420252026
Current Market PE
  • Investors are pessimistic on the Emirian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 14.0x which is lower than its 3-year average PE of 16.3x.
Past Earnings Growth
  • The earnings for Emirian listed companies have grown 19% per year over the last three years.
  • Revenues for these companies have grown 27% 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-6.28%
Materials-0.14%
Energy-3.00%
Consumer Discretionary-3.03%
Industrials-3.84%
Telecom-5.58%
Consumer Staples-7.85%
Utilities-7.96%
Healthcare-7.97%
Financials-8.64%
Tech-11.23%
Real Estate-13.13%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading close to its 3-year average PE ratio of 27.8x.
    • Analysts are expecting annual earnings growth of 5.0%, which is lower than the prior year's growth of 9.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 5.1% per year.
  • In contrast, the Materials sector is expected to see its earnings decline by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
FERTIGLB Fertiglobeد.إ2.897.8%
+د.إ1.7b		30.8%PE15xMaterials
NBF National Bank of Fujairah PJSCد.إ5.509.1%
+د.إ1.2b		30.0%PB1.8xFinancials
ADNOCDRILL ADNOC Drilling Company P.J.S.Cد.إ5.140.4%
+د.إ319.8m		0.8%PE15.4xEnergy
AMR Americana Restaurants Internationalد.إ1.881.1%
+د.إ168.0m		-16.4%PE19.6xConsumer Discretionary
DIN Dubai Insurance Company (P.S.C.)د.إ17.006.3%
+د.إ100.0m		31.8%PE8.9xFinancials
See more

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