Investors Give Palms Sports PJSC (ADX:PALMS) Shares A 31% Hiding
Mar 08
Have your own idea? Try our Stock Screener
Emirati (ADX) Market Analysis & Valuation
UpdatedMar 11, 2025
DataAggregated Company Financials
Companies151
- 7D-2.8%
- 3M1.0%
- 1Y2.5%
- YTD-2.0%
Over the last 7 days, the market has dropped 2.8%, driven by pullbacks in the Industrials and Energy sectors of 1.6% and 4.8%, respectively. In the last 12 months the market has been flat overall. Earnings are forecast to grow by 3.6% 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 Mar 2025 | د.إ3.6t | د.إ997.6b | د.إ236.9b | 13x | 15.3x | 3.6x |
| Fri, 07 Feb 2025 | د.إ3.7t | د.إ939.5b | د.إ240.6b | 13.3x | 15.5x | 4x |
| Sun, 05 Jan 2025 | د.إ3.7t | د.إ928.2b | د.إ235.9b | 13.5x | 15.5x | 3.9x |
| Tue, 03 Dec 2024 | د.إ3.5t | د.إ922.6b | د.إ232.5b | 13.1x | 14.9x | 3.8x |
| Thu, 31 Oct 2024 | د.إ3.5t | د.إ866.7b | د.إ232.8b | 13.6x | 15x | 4x |
| Sat, 28 Sep 2024 | د.إ3.5t | د.إ849.5b | د.إ229.1b | 13.6x | 15.3x | 4.1x |
| Mon, 26 Aug 2024 | د.إ3.4t | د.إ834.1b | د.إ228.6b | 13.6x | 14.9x | 4.1x |
| Wed, 24 Jul 2024 | د.إ3.4t | د.إ790.6b | د.إ217.8b | 13.3x | 15.4x | 4.3x |
| Fri, 21 Jun 2024 | د.إ3.3t | د.إ781.8b | د.إ214.9b | 13.2x | 15.2x | 4.2x |
| Sun, 19 May 2024 | د.إ3.3t | د.إ781.1b | د.إ213.6b | 13.4x | 15.5x | 4.2x |
| Tue, 16 Apr 2024 | د.إ3.4t | د.إ735.4b | د.إ221.0b | 14.1x | 15.4x | 4.6x |
| Thu, 14 Mar 2024 | د.إ3.4t | د.إ738.2b | د.إ221.8b | 14.8x | 15.4x | 4.6x |
| Sat, 10 Feb 2024 | د.إ3.4t | د.إ655.1b | د.إ183.7b | 15.6x | 18.4x | 5.2x |
| Mon, 08 Jan 2024 | د.إ3.5t | د.إ653.9b | د.إ188.1b | 15.5x | 18.4x | 5.3x |
| Wed, 06 Dec 2023 | د.إ3.3t | د.إ649.5b | د.إ187.4b | 15.2x | 17.8x | 5.1x |
| Fri, 03 Nov 2023 | د.إ3.3t | د.إ644.7b | د.إ189.3b | 14.9x | 17.6x | 5.2x |
| Sun, 01 Oct 2023 | د.إ3.5t | د.إ626.9b | د.إ189.7b | 16.2x | 18.4x | 5.6x |
| Tue, 29 Aug 2023 | د.إ3.5t | د.إ616.2b | د.إ187.4b | 15.9x | 18.6x | 5.6x |
| Thu, 27 Jul 2023 | د.إ3.4t | د.إ604.5b | د.إ183.1b | 16x | 18.8x | 5.7x |
| Sat, 24 Jun 2023 | د.إ3.3t | د.إ664.3b | د.إ195.4b | 15.6x | 17.1x | 5x |
| Mon, 22 May 2023 | د.إ3.3t | د.إ663.8b | د.إ195.2b | 15.5x | 16.7x | 4.9x |
| Wed, 19 Apr 2023 | د.إ3.3t | د.إ643.4b | د.إ177.2b | 15.6x | 18.7x | 5.2x |
| Fri, 17 Mar 2023 | د.إ3.2t | د.إ576.2b | د.إ162.8b | 14.2x | 19.4x | 5.5x |
| Sun, 12 Feb 2023 | د.إ3.1t | د.إ567.4b | د.إ162.1b | 14.1x | 18.9x | 5.4x |
| Tue, 10 Jan 2023 | د.إ3.1t | د.إ554.4b | د.إ153.4b | 13.7x | 20.5x | 5.7x |
| Thu, 08 Dec 2022 | د.إ3.2t | د.إ545.6b | د.إ152.3b | 13.5x | 20.8x | 5.8x |
| Sat, 05 Nov 2022 | د.إ3.0t | د.إ528.9b | د.إ143.4b | 14x | 21.1x | 5.7x |
| Mon, 03 Oct 2022 | د.إ2.7t | د.إ509.2b | د.إ129.9b | 14.1x | 20.8x | 5.3x |
| Wed, 31 Aug 2022 | د.إ2.6t | د.إ508.3b | د.إ130.3b | 15x | 20.1x | 5.1x |
| Fri, 29 Jul 2022 | د.إ2.5t | د.إ481.3b | د.إ116.0b | 15.4x | 21.3x | 5.1x |
| Sun, 26 Jun 2022 | د.إ2.4t | د.إ475.6b | د.إ114.2b | 15.2x | 21.1x | 5.1x |
| Tue, 24 May 2022 | د.إ2.4t | د.إ455.5b | د.إ109.4b | 15.3x | 22x | 5.3x |
| Thu, 21 Apr 2022 | د.إ2.4t | د.إ420.5b | د.إ97.2b | 16x | 25.2x | 5.8x |
| Sat, 19 Mar 2022 | د.إ2.2t | د.إ391.3b | د.إ91.1b | 15.1x | 24.3x | 5.7x |
Price to Earnings Ratio
24.3x
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 18.2x.
Past Earnings Growth
- The earnings for Emirian listed companies have grown 38% 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 | -2.84% | |
| Telecom | 1.52% | |
| Industrials | -1.59% | |
| Financials | -1.98% | |
| Utilities | -3.01% | |
| Energy | -4.76% | |
| Consumer Discretionary | -4.87% | |
| Real Estate | -5.49% | |
| Healthcare | -6.64% | |
| Consumer Staples | -7.75% | |
| Materials | -8.88% | |
| Tech | -8.94% | |
Sector PE
- Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 25.2x.
- 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 7.4% per year.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 9.9x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 25% over the next 5 years.
- However this is lower than its past earnings growth rate of 36% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 3.4% 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 | |
|---|---|---|---|---|---|---|
| EAND Emirates Telecommunications Group Company PJSC | د.إ17.50 | 4.7% +د.إ6.8b | -2.2% | PE14.2x | Telecom | |
| ENBDREIT ENBD REIT (CEIC) | US$0.53 | 28.2% +US$29.3m | n/a | PB0.7x | Real Estate | |
| PALMS Palms Sports PJSC | د.إ6.85 | 7.5% +د.إ72.0m | -44.8% | PE9.4x | Telecom | |
| NGI National General Insurance (P.J.S.C.) | د.إ5.20 | 7.0% +د.إ56.1m | 17.0% | PE6.7x | Financials | |
| ARMX Aramex PJSC | د.إ2.86 | 1.1% +د.إ43.8m | 13.5% | PE30.9x | Industrials |
