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Emirati (ADX) Market Analysis & Valuation

UpdatedMar 06, 2025
DataAggregated Company Financials
Companies150
  • 7D-1.2%
  • 3M2.3%
  • 1Y5.3%
  • YTD0.3%

Over the last 7 days, the market has dropped 1.2%, driven by declines in every sector, especially the Energy sector. As for the longer term, the market has actually risen by 5.3% in the last year. Looking forward, earnings are forecast to grow by 3.8% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 06 Mar 2025د.إ3.7tد.إ996.9bد.إ236.9b13.3x15.7x3.7x
Sat, 01 Feb 2025د.إ3.7tد.إ941.8bد.إ238.1b13.2x15.6x3.9x
Mon, 30 Dec 2024د.إ3.6tد.إ928.2bد.إ235.8b13.1x15.5x3.9x
Wed, 27 Nov 2024د.إ3.5tد.إ922.4bد.إ232.5b13x14.9x3.8x
Fri, 25 Oct 2024د.إ3.4tد.إ861.4bد.إ232.1b13.6x14.8x4x
Sun, 22 Sep 2024د.إ3.5tد.إ849.5bد.إ229.1b13.6x15.2x4.1x
Tue, 20 Aug 2024د.إ3.4tد.إ833.5bد.إ228.9b13.5x14.7x4x
Thu, 18 Jul 2024د.إ3.3tد.إ787.6bد.إ216.3b13.7x15.5x4.2x
Sat, 15 Jun 2024د.إ3.3tد.إ781.8bد.إ214.8b13.2x15.2x4.2x
Mon, 13 May 2024د.إ3.3tد.إ773.8bد.إ224.8b13.9x14.8x4.3x
Wed, 10 Apr 2024د.إ3.4tد.إ736.4bد.إ220.9b14.1x15.3x4.6x
Fri, 08 Mar 2024د.إ3.4tد.إ742.7bد.إ222.0b15.1x15.3x4.6x
Sun, 04 Feb 2024د.إ3.4tد.إ657.7bد.إ192.3b15.6x17.8x5.2x
Tue, 02 Jan 2024د.إ3.5tد.إ653.9bد.إ188.1b15.1x18.4x5.3x
Thu, 30 Nov 2023د.إ3.4tد.إ649.8bد.إ187.3b15.3x17.9x5.2x
Sat, 28 Oct 2023د.إ3.2tد.إ633.9bد.إ185.0b14.9x17.4x5.1x
Mon, 25 Sep 2023د.إ3.5tد.إ616.3bد.إ187.5b16.2x18.8x5.7x
Wed, 23 Aug 2023د.إ3.5tد.إ616.2bد.إ187.4b16.2x18.6x5.7x
Fri, 21 Jul 2023د.إ3.4tد.إ601.9bد.إ182.6b16.2x18.7x5.7x
Sun, 18 Jun 2023د.إ3.3tد.إ664.3bد.إ195.4b16x16.9x5x
Tue, 16 May 2023د.إ3.3tد.إ662.1bد.إ185.6b16.4x17.6x4.9x
Thu, 13 Apr 2023د.إ3.3tد.إ642.3bد.إ176.2b15.4x18.5x5.1x
Sat, 11 Mar 2023د.إ3.0tد.إ568.9bد.إ159.9b14.4x19x5.3x
Mon, 06 Feb 2023د.إ3.0tد.إ563.5bد.إ154.3b13.1x19.8x5.4x
Wed, 04 Jan 2023د.إ3.2tد.إ554.4bد.إ153.4b13.8x20.6x5.7x
Fri, 02 Dec 2022د.إ3.2tد.إ545.2bد.إ152.4b13.5x20.8x5.8x
Sun, 30 Oct 2022د.إ2.9tد.إ518.7bد.إ133.3b13.7x21.6x5.5x
Tue, 27 Sep 2022د.إ2.7tد.إ509.2bد.إ129.9b14.3x21x5.3x
Thu, 25 Aug 2022د.إ2.6tد.إ508.3bد.إ128.2b15x20.4x5.1x
Sat, 23 Jul 2022د.إ2.5tد.إ480.1bد.إ114.7b15.4x21.6x5.2x
Mon, 20 Jun 2022د.إ2.5tد.إ478.7bد.إ115.0b15.1x21.5x5.2x
Wed, 18 May 2022د.إ2.4tد.إ455.2bد.إ109.5b15.2x22.1x5.3x
Fri, 15 Apr 2022د.إ2.4tد.إ396.1bد.إ91.0b15.7x26.7x6.1x
Sun, 13 Mar 2022د.إ2.2tد.إ375.8bد.إ89.4b15x24.8x5.9x
Price to Earnings Ratio

24.8x


Total Market Cap: د.إ2.2tTotal Earnings: د.إ89.4bTotal Revenue: د.إ375.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Market Price to Earnings3Y Average 18.2x202320242025
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 15.7x 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 38% 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-1.21%
Real Estate-0.065%
Industrials-0.29%
Utilities-0.91%
Financials-1.03%
Consumer Discretionary-1.10%
Tech-1.61%
Healthcare-1.79%
Energy-2.59%
Telecom-3.34%
Materials-5.16%
Consumer Staples-6.53%
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 close to its 3-year average of 10.0x.
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 3.6% 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
ADIB Abu Dhabi Islamic Bank PJSCد.إ17.825.1%
+د.إ3.1b
60.8%PB2.4xFinancials
PARKIN Parkin Company P.J.S.Cد.إ4.953.6%
+د.إ510.0m
n/aPE36.2xIndustrials
EMAAR Emaar Properties PJSCد.إ14.000.4%
+د.إ441.9m
72.2%PE9.2xReal Estate
ALPHADHABI Alpha Dhabi Holding PJSCد.إ11.140.4%
+د.إ400.0m
-31.1%PE12.7xIndustrials
UPP Union Propertiesد.إ0.5718.9%
+د.إ390.3m
59.2%PE8.9xReal Estate
See more
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BOROUGE

د.إ2.50

Borouge

7D

-5.7%

1Y

2.5%

UPP

د.إ0.57

Union Properties

7D

18.9%

1Y

59.2%

EMAAR

د.إ14.00

Emaar Properties PJSC

7D

0.4%

1Y

72.2%

ALPHADHABI

د.إ11.14

Alpha Dhabi Holding PJSC

7D

0.4%

1Y

-31.1%

ADNOCGAS

د.إ3.33

ADNOC Gas

7D

-3.2%

1Y

5.7%

DEWA

د.إ2.59

Dubai Electricity and Water Authority (PJSC)

7D

-2.6%

1Y

6.1%

NMDC

د.إ25.00

NMDC Group PJSC

7D

1.4%

1Y

-15.5%

BURJEEL

د.إ1.56

Burjeel Holdings

7D

2.6%

1Y

-45.5%

PARKIN

د.إ4.95

Parkin Company P.J.S.C

7D

3.6%

1Y

n/a

DRC

د.إ21.90

Dubai Refreshment (P.J.S.C.)

7D

15.0%

1Y

12.0%

ADCB

د.إ11.48

Abu Dhabi Commercial Bank PJSC

7D

-2.5%

1Y

33.8%