First Abu Dhabi Bank P.J.S.C (ADX:FAB) Is Increasing Its Dividend To AED0.75
Feb 09
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Emirati (ADX) Market Analysis & Valuation
UpdatedFeb 11, 2025
DataAggregated Company Financials
Companies149
- 7D0.9%
- 3M4.1%
- 1Y5.7%
- YTD1.8%
The Energy sector gained 6.1% while the market remained flat over the last week. As for the longer term, the market has risen 5.7% in the past 12 months. Looking forward, earnings are forecast to grow by 4.7% annually.
Market Valuation and Performance
Has the Emirati Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 12 Feb 2025 | د.إ3.7t | د.إ942.8b | د.إ241.0b | 13.2x | 15.5x | 4x |
| Fri, 10 Jan 2025 | د.إ3.7t | د.إ928.2b | د.إ235.9b | 13.4x | 15.7x | 4x |
| Sun, 08 Dec 2024 | د.إ3.5t | د.إ923.4b | د.إ232.9b | 13x | 15x | 3.8x |
| Tue, 05 Nov 2024 | د.إ3.5t | د.إ879.3b | د.إ235.5b | 13x | 14.8x | 4x |
| Thu, 03 Oct 2024 | د.إ3.5t | د.إ849.5b | د.إ229.1b | 13.6x | 15.3x | 4.1x |
| Sat, 31 Aug 2024 | د.إ3.4t | د.إ834.1b | د.إ228.6b | 13.7x | 14.7x | 4x |
| Mon, 29 Jul 2024 | د.إ3.4t | د.إ793.6b | د.إ217.4b | 13.3x | 15.6x | 4.3x |
| Wed, 26 Jun 2024 | د.إ3.3t | د.إ781.8b | د.إ214.8b | 13.3x | 15.3x | 4.2x |
| Fri, 24 May 2024 | د.إ3.2t | د.إ781.6b | د.إ214.9b | 13.1x | 15.1x | 4.2x |
| Sun, 21 Apr 2024 | د.إ3.3t | د.إ752.4b | د.إ222.1b | 14.1x | 15.1x | 4.5x |
| Tue, 19 Mar 2024 | د.إ3.4t | د.إ738.9b | د.إ221.9b | 14.7x | 15.4x | 4.6x |
| Thu, 15 Feb 2024 | د.إ3.4t | د.إ732.8b | د.إ206.9b | 15.2x | 16.4x | 4.6x |
| Sat, 13 Jan 2024 | د.إ3.5t | د.إ654.5b | د.إ188.1b | 15.8x | 18.5x | 5.3x |
| Mon, 11 Dec 2023 | د.إ3.3t | د.إ653.9b | د.إ188.1b | 15.3x | 17.6x | 5.1x |
| Wed, 08 Nov 2023 | د.إ3.4t | د.إ646.4b | د.إ189.8b | 14.9x | 17.7x | 5.2x |
| Fri, 06 Oct 2023 | د.إ3.5t | د.إ626.7b | د.إ189.7b | 15.9x | 18.4x | 5.6x |
| Sun, 03 Sep 2023 | د.إ3.5t | د.إ616.4b | د.إ187.4b | 15.8x | 18.6x | 5.6x |
| Tue, 01 Aug 2023 | د.إ3.4t | د.إ614.8b | د.إ188.9b | 16.7x | 18.2x | 5.6x |
| Thu, 29 Jun 2023 | د.إ3.4t | د.إ664.1b | د.إ195.4b | 16.1x | 17.2x | 5.1x |
| Sat, 27 May 2023 | د.إ3.2t | د.إ664.3b | د.إ195.4b | 15.5x | 16.6x | 4.9x |
| Mon, 24 Apr 2023 | د.إ3.3t | د.إ643.8b | د.إ177.3b | 15.4x | 18.6x | 5.1x |
| Wed, 22 Mar 2023 | د.إ3.2t | د.إ640.5b | د.إ177.4b | 15x | 18.1x | 5x |
| Fri, 17 Feb 2023 | د.إ3.1t | د.إ567.8b | د.إ161.7b | 13.8x | 19x | 5.4x |
| Sun, 15 Jan 2023 | د.إ3.1t | د.إ554.4b | د.إ153.4b | 13.8x | 20.5x | 5.7x |
| Tue, 13 Dec 2022 | د.إ3.1t | د.إ554.1b | د.إ153.2b | 13.3x | 20.3x | 5.6x |
| Thu, 10 Nov 2022 | د.إ3.1t | د.إ533.4b | د.إ147.6b | 14.2x | 20.8x | 5.8x |
| Sat, 08 Oct 2022 | د.إ2.7t | د.إ509.2b | د.إ129.9b | 14.2x | 21.1x | 5.4x |
| Mon, 05 Sep 2022 | د.إ2.6t | د.إ508.7b | د.إ130.0b | 15.2x | 19.8x | 5.1x |
| Wed, 03 Aug 2022 | د.إ2.6t | د.إ486.8b | د.إ118.0b | 15.1x | 21.7x | 5.3x |
| Fri, 01 Jul 2022 | د.إ2.5t | د.إ475.6b | د.إ114.2b | 15.2x | 21.5x | 5.2x |
| Sun, 29 May 2022 | د.إ2.4t | د.إ455.5b | د.إ109.4b | 15.1x | 22x | 5.3x |
| Tue, 26 Apr 2022 | د.إ2.5t | د.إ421.4b | د.إ97.8b | 16x | 25.2x | 5.8x |
| Thu, 24 Mar 2022 | د.إ2.2t | د.إ391.5b | د.إ91.3b | 15.5x | 24.4x | 5.7x |
| Sat, 19 Feb 2022 | د.إ2.1t | د.إ370.2b | د.إ86.8b | 14.5x | 24.7x | 5.8x |
Price to Earnings Ratio
24.7x
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 15.5x which is lower than its 3-year average PE of 18.4x.
Past Earnings Growth
- The earnings for Emirian listed companies have grown 41% per year over the last three years.
- Revenues for these companies have grown 37% 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 | 0.94% | |
| Energy | 6.14% | |
| Real Estate | 3.58% | |
| Consumer Discretionary | 1.69% | |
| Financials | 1.21% | |
| Materials | 0.56% | |
| Information Technology | 0% | 0 |
| Financials | 0% | 0 |
| Health Care | 0% | 0 |
| Industrials | 0% | 0 |
| Tech | -0.065% | |
| Industrials | -0.23% | |
| Telecom | -0.78% | |
| Utilities | -0.87% | |
| Consumer Staples | -2.10% | |
| Healthcare | -2.94% | |
Sector PE
- Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 25.0x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 6.2% which is higher than its past year's earnings decline of 4.4% per year.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 10.1x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings growth rate of 18% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 2.3% 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 | Sector | |
|---|---|---|---|---|---|---|
| ALDAR Aldar Properties PJSC | د.إ9.10 | 16.4% +د.إ10.1b | 77.7% | PE12.8x | Real Estate | |
| ADNOCDRILL ADNOC Drilling Company P.J.S.C | د.إ5.95 | 8.0% +د.إ7.0b | 62.6% | PE21x | Energy | |
| ADNOCGAS ADNOC Gas | د.إ3.56 | 2.3% +د.إ6.1b | 14.1% | PE14.9x | Energy | |
| EMAAR Emaar Properties PJSC | د.إ14.20 | 4.8% +د.إ5.7b | 80.7% | PE10.5x | Real Estate | |
| EMIRATESNBD Emirates NBD Bank PJSC | د.إ21.70 | 4.3% +د.إ5.7b | 24.7% | PB1.1x | Financials |
