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Emirati (ADX) Market Analysis & Valuation

UpdatedFeb 22, 2025
DataAggregated Company Financials
Companies149
  • 7D0.02%
  • 3M5.2%
  • 1Y6.0%
  • YTD1.8%

The market has been flat in the last week, however the Consumer Staples sector is down 5.0%. More promisingly, the market is up 6.0% over the past year. As for the next few years, earnings are expected to grow by 4.1% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Feb 2025د.إ3.7tد.إ953.9bد.إ245.0b13.1x15.3x3.9x
Mon, 20 Jan 2025د.إ3.7tد.إ928.2bد.إ235.9b14x15.7x4x
Wed, 18 Dec 2024د.إ3.6tد.إ928.2bد.إ235.9b12.7x15.3x3.9x
Fri, 15 Nov 2024د.إ3.5tد.إ892.3bد.إ230.2b13x15.1x3.9x
Sun, 13 Oct 2024د.إ3.5tد.إ847.9bد.إ228.6b13.4x15.2x4.1x
Tue, 10 Sep 2024د.إ3.4tد.إ849.4bد.إ229.1b13.6x14.8x4x
Thu, 08 Aug 2024د.إ3.3tد.إ810.2bد.إ229.4b13.1x14.6x4.1x
Sat, 06 Jul 2024د.إ3.3tد.إ786.5bد.إ216.1b13.3x15.4x4.2x
Mon, 03 Jun 2024د.إ3.2tد.إ781.7bد.إ215.0b12.9x14.9x4.1x
Wed, 01 May 2024د.إ3.3tد.إ760.0bد.إ225.3b14.1x14.7x4.3x
Fri, 29 Mar 2024د.إ3.4tد.إ739.6bد.إ221.5b14.8x15.5x4.6x
Sun, 25 Feb 2024د.إ3.4tد.إ739.0bد.إ206.4b15.6x16.2x4.5x
Tue, 23 Jan 2024د.إ3.5tد.إ654.7bد.إ188.0b15.9x18.4x5.3x
Thu, 21 Dec 2023د.إ3.3tد.إ653.9bد.إ188.1b15.2x17.8x5.1x
Sat, 18 Nov 2023د.إ3.4tد.إ650.4bد.إ187.2b14.9x17.9x5.2x
Mon, 16 Oct 2023د.إ3.3tد.إ627.5bد.إ190.3b15.3x17.5x5.3x
Wed, 13 Sep 2023د.إ3.5tد.إ616.4bد.إ187.4b15.5x18.6x5.6x
Fri, 11 Aug 2023د.إ3.5tد.إ615.7bد.إ188.6b16x18.6x5.7x
Sun, 09 Jul 2023د.إ3.4tد.إ601.5bد.إ182.2b16.1x18.7x5.7x
Tue, 06 Jun 2023د.إ3.3tد.إ664.3bد.إ195.5b15.6x16.6x4.9x
Thu, 04 May 2023د.إ3.3tد.إ648.6bد.إ179.3b16x18.6x5.1x
Sat, 01 Apr 2023د.إ3.3tد.إ642.3bد.إ176.2b15x18.5x5.1x
Mon, 27 Feb 2023د.إ3.0tد.إ563.3bد.إ161.3b13.8x18.9x5.4x
Wed, 25 Jan 2023د.إ3.1tد.إ554.3bد.إ153.3b13.1x20.5x5.7x
Fri, 23 Dec 2022د.إ3.1tد.إ554.4bد.إ153.2b13.6x20.5x5.7x
Sun, 20 Nov 2022د.إ3.0tد.إ543.2bد.إ152.5b13.4x20x5.6x
Tue, 18 Oct 2022د.إ2.7tد.إ513.0bد.إ130.3b14x21.1x5.4x
Thu, 15 Sep 2022د.إ2.7tد.إ509.2bد.إ129.9b15.1x20.5x5.2x
Sat, 13 Aug 2022د.إ2.6tد.إ505.6bد.إ125.6b15.1x21x5.2x
Mon, 11 Jul 2022د.إ2.4tد.إ479.8bد.إ114.7b15.2x21x5x
Wed, 08 Jun 2022د.إ2.5tد.إ478.4bد.إ115.2b15.5x21.9x5.3x
Fri, 06 May 2022د.إ2.5tد.إ434.9bد.إ104.9b15.8x23.8x5.7x
Sun, 03 Apr 2022د.إ2.2tد.إ396.2bد.إ90.1b16x24.8x5.6x
Tue, 01 Mar 2022د.إ2.2tد.إ372.9bد.إ87.6b14.9x24.8x5.8x
Price to Earnings Ratio

24.8x


Total Market Cap: د.إ2.2tTotal Earnings: د.إ87.6bTotal Revenue: د.إ372.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Market Price to Earnings3Y Average 18.3x202320242025
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 18.3x.
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 Market0.02%
Tech1.87%
Financials0.75%
Real Estate0.69%
Energy0.49%
Industrials0.15%
Materials0.092%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Consumer Discretionary-0.68%
Utilities-0.72%
Telecom-1.87%
Healthcare-2.99%
Consumer Staples-4.98%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 25.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 6.3% which is higher than its past year's earnings decline of 5.7% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 10.1x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 33% 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 3.5% 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
EIB Emirates Islamic Bank PJSCد.إ11.9520.7%
+د.إ11.1b
n/aPB4.5xFinancials
EMAAR Emaar Properties PJSCد.إ14.153.3%
+د.إ4.0b
76.2%PE9.3xReal Estate
ADNOCGAS ADNOC Gasد.إ3.611.1%
+د.إ3.1b
15.3%PE15.1xEnergy
ADIB Abu Dhabi Islamic Bank PJSCد.إ16.885.0%
+د.إ2.9b
51.8%PB2.2xFinancials
ALPHADHABI Alpha Dhabi Holding PJSCد.إ11.021.7%
+د.إ1.8b
-33.1%PE13xIndustrials
See more
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ADNOCGAS

د.إ3.61

ADNOC Gas

7D

1.1%

1Y

15.3%

DEWA

د.إ2.61

Dubai Electricity and Water Authority (PJSC)

7D

-3.3%

1Y

8.8%

MODON

د.إ3.18

Modon Holding PSC

7D

-4.8%

1Y

10.8%

EIB

د.إ11.95

Emirates Islamic Bank PJSC

7D

20.7%

1Y

n/a

EMAARDEV

د.إ13.40

Emaar Development PJSC

7D

-4.6%

1Y

70.9%

ADNOCLS

د.إ5.16

ADNOC Logistics & Services

7D

-4.4%

1Y

28.0%

TAQA

د.إ3.10

Abu Dhabi National Energy Company PJSC

7D

0.3%

1Y

-1.3%

NMDC

د.إ24.76

NMDC Group PJSC

7D

4.4%

1Y

-11.9%

ADCB

د.إ11.82

Abu Dhabi Commercial Bank PJSC

7D

-2.0%

1Y

37.4%

ADAVIATION

د.إ6.36

Abu Dhabi Aviation

7D

15.0%

1Y

n/a