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Emirati (ADX) Market Analysis & Valuation

UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies149
  • 7D0.2%
  • 3M3.8%
  • 1Y4.7%
  • YTD1.7%

The Real Estate sector gained 5.2% while the market remained flat over the last week. More promisingly, the market is up 4.7% over the past year. Looking forward, earnings are forecast to grow by 4.1% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Feb 2025د.إ3.7tد.إ949.3bد.إ243.8b13.4x15.3x3.9x
Mon, 13 Jan 2025د.إ3.7tد.إ928.2bد.إ235.9b13.4x15.7x4x
Wed, 11 Dec 2024د.إ3.5tد.إ928.2bد.إ235.9b12.7x14.9x3.8x
Fri, 08 Nov 2024د.إ3.5tد.إ883.8bد.إ232.2b13.4x15x4x
Sun, 06 Oct 2024د.إ3.4tد.إ847.9bد.إ228.6b13.6x14.9x4x
Tue, 03 Sep 2024د.إ3.4tد.إ834.2bد.إ228.7b13.6x14.9x4.1x
Thu, 01 Aug 2024د.إ3.4tد.إ798.7bد.إ218.6b13.2x15.5x4.3x
Sat, 29 Jun 2024د.إ3.3tد.إ786.9bد.إ216.2b13.2x15.3x4.2x
Mon, 27 May 2024د.إ3.2tد.إ781.5bد.إ214.9b13.1x15x4.1x
Wed, 24 Apr 2024د.إ3.3tد.إ752.2bد.إ222.1b14.1x14.9x4.4x
Fri, 22 Mar 2024د.إ3.4tد.إ739.5bد.إ222.4b15.1x15.5x4.6x
Sun, 18 Feb 2024د.إ3.4tد.إ737.6bد.إ206.2b15.2x16.5x4.6x
Tue, 16 Jan 2024د.إ3.5tد.إ654.5bد.إ188.1b15.9x18.5x5.3x
Thu, 14 Dec 2023د.إ3.3tد.إ653.9bد.إ188.1b15.1x17.6x5.1x
Sat, 11 Nov 2023د.إ3.4tد.إ644.5bد.إ190.0b14.9x17.7x5.2x
Mon, 09 Oct 2023د.إ3.5tد.إ626.7bد.إ189.7b16.2x18.2x5.5x
Wed, 06 Sep 2023د.إ3.4tد.إ616.4bد.إ187.4b15.5x18.4x5.6x
Fri, 04 Aug 2023د.إ3.4tد.إ613.8bد.إ186.0b16.3x18.5x5.6x
Sun, 02 Jul 2023د.إ3.4tد.إ601.5bد.إ182.2b15.6x18.5x5.6x
Tue, 30 May 2023د.إ3.2tد.إ664.3bد.إ195.4b15.8x16.6x4.9x
Thu, 27 Apr 2023د.إ3.3tد.إ643.3bد.إ176.8b15.4x18.9x5.2x
Sat, 25 Mar 2023د.إ3.2tد.إ640.4bد.إ177.4b15x18.2x5x
Mon, 20 Feb 2023د.إ3.1tد.إ563.0bد.إ161.2b13.5x19.1x5.5x
Wed, 18 Jan 2023د.إ3.2tد.إ554.4bد.إ153.4b14.2x20.6x5.7x
Fri, 16 Dec 2022د.إ3.1tد.إ554.4bد.إ153.2b13.5x20.4x5.6x
Sun, 13 Nov 2022د.إ3.1tد.إ538.6bد.إ149.3b13.5x20.5x5.7x
Tue, 11 Oct 2022د.إ2.7tد.إ509.3bد.إ129.9b14.1x21.1x5.4x
Thu, 08 Sep 2022د.إ2.6tد.إ508.7bد.إ130.0b15.4x19.7x5x
Sat, 06 Aug 2022د.إ2.6tد.إ497.1bد.إ123.0b14.6x20.9x5.2x
Mon, 04 Jul 2022د.إ2.4tد.إ475.7bد.إ114.2b15.3x21.4x5.1x
Wed, 01 Jun 2022د.إ2.5tد.إ455.5bد.إ109.5b15.7x22.4x5.4x
Fri, 29 Apr 2022د.إ2.5tد.إ422.4bد.إ98.6b16x25.1x5.9x
Sun, 27 Mar 2022د.إ2.2tد.إ393.7bد.إ90.7b15.3x24.6x5.7x
Tue, 22 Feb 2022د.إ2.1tد.إ370.5bد.إ86.8b14.5x24.6x5.8x
Price to Earnings Ratio

24.6x


Total Market Cap: د.إ2.1tTotal Earnings: د.إ86.8bTotal Revenue: د.إ370.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Market Price to Earnings3Y Average 18.4x202320242025
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 15.3x 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 Market0.23%
Real Estate5.18%
Consumer Discretionary2.99%
Financials1.19%
Utilities0.26%
Materials0.22%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Industrials-0.15%
Telecom-1.24%
Energy-1.46%
Healthcare-4.82%
Tech-8.38%
Consumer Staples-11.47%
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 3.1% 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
ALDAR Aldar Properties PJSCد.إ9.1915.5%
+د.إ9.7b
82.7%PE13.2xReal Estate
FAB First Abu Dhabi Bank P.J.S.Cد.إ14.522.8%
+د.إ4.4b
-0.4%PB1.2xFinancials
TALABAT Talabat Holdingد.إ1.5812.1%
+د.إ4.0b
n/aPE26xConsumer Discretionary
SALIK Salik Company P.J.S.Cد.إ5.5510.3%
+د.إ3.9b
65.2%PE37.3xIndustrials
EMAARDEV Emaar Development PJSCد.إ14.056.4%
+د.إ3.4b
82.5%PE7.4xReal Estate
See more
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Latest News

ADNOCDRILL

د.إ5.50

ADNOC Drilling Company P.J.S.C

7D

-6.8%

1Y

46.3%

LULU

د.إ1.47

Lulu Retail Holdings

7D

-17.9%

1Y

n/a

ALDAR

د.إ9.19

Aldar Properties PJSC

7D

15.5%

1Y

82.7%

EMAARDEV

د.إ14.05

Emaar Development PJSC

7D

6.4%

1Y

82.5%

TALABAT

د.إ1.58

Talabat Holding

7D

12.1%

1Y

n/a

SALIK

د.إ5.55

Salik Company P.J.S.C

7D

10.3%

1Y

65.2%

PHX

د.إ1.02

Phoenix Group

7D

-12.8%

1Y

-52.1%

MASQ

د.إ259.00

Mashreqbank PSC

7D

6.6%

1Y

26.3%

ADCB

د.إ12.06

Abu Dhabi Commercial Bank PJSC

7D

3.6%

1Y

38.3%

EAND

د.إ16.86

Emirates Telecommunications Group Company PJSC

7D

-2.0%

1Y

-11.3%