International Holding Company PJSC's (ADX:IHC) P/E Is On The Mark
Jun 20
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Emirati (ADX) Market Analysis & Valuation
UpdatedJul 06, 2025
DataAggregated Company Financials
Companies150
- 7D0.3%
- 3M10.4%
- 1Y16.1%
- YTD5.6%
Over the last 7 days, the market has remained flat, although notably the Information Technology sector gained 16% in that time. Meanwhile, the market is actually up 16% over the past year. Looking forward, earnings are forecast to grow by 6.4% 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 |
|---|---|---|---|---|---|---|
| Tue, 08 Jul 2025 | د.إ3.9t | د.إ1.0t | د.إ240.2b | 12.9x | 16.2x | 3.7x |
| Thu, 05 Jun 2025 | د.إ3.8t | د.إ1.0t | د.إ240.3b | 12.6x | 15.9x | 3.7x |
| Sat, 03 May 2025 | د.إ3.8t | د.إ1.0t | د.إ245.1b | 12.8x | 15.7x | 3.8x |
| Mon, 31 Mar 2025 | د.إ3.7t | د.إ1.0t | د.إ238.0b | 13x | 15.5x | 3.7x |
| Wed, 26 Feb 2025 | د.إ3.7t | د.إ975.8b | د.إ234.2b | 13.1x | 15.9x | 3.8x |
| Fri, 24 Jan 2025 | د.إ3.7t | د.إ936.0b | د.إ237.6b | 14x | 15.7x | 4x |
| Sun, 22 Dec 2024 | د.إ3.6t | د.إ928.2b | د.إ235.9b | 12.5x | 15.4x | 3.9x |
| Tue, 19 Nov 2024 | د.إ3.5t | د.إ894.8b | د.إ231.6b | 13.1x | 15x | 3.9x |
| Thu, 17 Oct 2024 | د.إ3.5t | د.إ847.0b | د.إ228.3b | 13.4x | 15.3x | 4.1x |
| Sat, 14 Sep 2024 | د.إ3.4t | د.إ849.5b | د.إ229.1b | 13.5x | 14.9x | 4x |
| Mon, 12 Aug 2024 | د.إ3.4t | د.إ827.5b | د.إ228.0b | 13.1x | 14.7x | 4.1x |
| Wed, 10 Jul 2024 | د.إ3.3t | د.إ787.6b | د.إ216.3b | 13.3x | 15.3x | 4.2x |
| Fri, 07 Jun 2024 | د.إ3.2t | د.إ781.6b | د.إ215.0b | 13x | 15x | 4.1x |
| Sun, 05 May 2024 | د.إ3.3t | د.إ764.8b | د.إ225.0b | 14x | 14.6x | 4.3x |
| Tue, 02 Apr 2024 | د.إ3.4t | د.إ736.8b | د.إ221.2b | 14.5x | 15.4x | 4.6x |
| Thu, 29 Feb 2024 | د.إ3.3t | د.إ739.6b | د.إ220.8b | 15.4x | 15.2x | 4.5x |
| Sat, 27 Jan 2024 | د.إ3.4t | د.إ656.6b | د.إ188.9b | 15.7x | 18.1x | 5.2x |
| Mon, 25 Dec 2023 | د.إ3.4t | د.إ653.9b | د.إ188.1b | 15.1x | 18.1x | 5.2x |
| Wed, 22 Nov 2023 | د.إ3.3t | د.إ650.4b | د.إ187.3b | 15.1x | 17.9x | 5.1x |
| Fri, 20 Oct 2023 | د.إ3.3t | د.إ627.5b | د.إ190.3b | 14.9x | 17.2x | 5.2x |
| Sun, 17 Sep 2023 | د.إ3.5t | د.إ616.4b | د.إ187.4b | 15.5x | 18.7x | 5.7x |
| Tue, 15 Aug 2023 | د.إ3.5t | د.إ613.5b | د.إ187.6b | 15.9x | 18.7x | 5.7x |
| Thu, 13 Jul 2023 | د.إ3.4t | د.إ601.5b | د.إ182.2b | 16.5x | 18.7x | 5.7x |
| Sat, 10 Jun 2023 | د.إ3.3t | د.إ664.3b | د.إ195.5b | 15.4x | 16.7x | 4.9x |
| Mon, 08 May 2023 | د.إ3.4t | د.إ655.9b | د.إ184.1b | 15.7x | 18.2x | 5.1x |
| Wed, 05 Apr 2023 | د.إ3.3t | د.إ642.3b | د.إ176.2b | 15x | 18.5x | 5.1x |
| Fri, 03 Mar 2023 | د.إ3.1t | د.إ563.5b | د.إ161.3b | 14.2x | 18.9x | 5.4x |
| Sun, 29 Jan 2023 | د.إ3.0t | د.إ558.4b | د.إ152.8b | 13.1x | 19.8x | 5.4x |
| Tue, 27 Dec 2022 | د.إ3.1t | د.إ554.4b | د.إ153.2b | 13.7x | 20.5x | 5.7x |
| Thu, 24 Nov 2022 | د.إ3.0t | د.إ543.2b | د.إ151.6b | 13.3x | 20.1x | 5.6x |
| Sat, 22 Oct 2022 | د.إ2.8t | د.إ513.3b | د.إ130.3b | 14x | 21.5x | 5.5x |
| Mon, 19 Sep 2022 | د.إ2.7t | د.إ509.2b | د.إ129.9b | 15x | 21.2x | 5.4x |
| Wed, 17 Aug 2022 | د.إ2.6t | د.إ507.9b | د.إ128.2b | 15.3x | 20.5x | 5.2x |
| Fri, 15 Jul 2022 | د.إ2.4t | د.إ479.8b | د.إ114.7b | 15.1x | 21x | 5x |
Price to Earnings Ratio
21x
Current Market PE
- Investors are relatively neutral on the Emirian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 17.4x.
Past Earnings Growth
- The earnings for Emirian listed companies have grown 28% per year over the last three years.
- Revenues for these companies have grown 29% 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 | 0.29% | |
| Tech | 15.70% | |
| Healthcare | 4.64% | |
| Real Estate | 3.07% | |
| Telecom | 2.35% | |
| Financials | 2.04% | |
| Materials | 1.98% | |
| Consumer Discretionary | 0.26% | |
| Industrials | 0.059% | |
| Energy | 0.048% | |
| Consumer Staples | -4.11% | |
| Utilities | -4.76% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 25.5x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 13.9% which is higher than its past year's earnings decline of 2.7% per year.
- The Real Estate sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 9.2x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 22% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Telecom industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|---|
| EMIRATESNBD Emirates NBD Bank PJSC | د.إ24.25 | 6.4% +د.إ9.2b | 45.6% | PB1.2x | Financials | |
| EMAAR Emaar Properties PJSC | د.إ14.05 | 3.3% +د.إ4.0b | 76.1% | PE8.7x | Real Estate | |
| PRESIGHT Presight AI Holding | د.إ3.72 | 19.6% +د.إ3.4b | 55.6% | PE38.9x | Tech | |
| PUREHEALTH Pure Health Holding PJSC | د.إ2.92 | 8.6% +د.إ2.6b | -31.3% | PE18.8x | Healthcare | |
| FAB First Abu Dhabi Bank P.J.S.C | د.إ16.82 | 1.3% +د.إ2.4b | 34.8% | PB1.5x | Financials |
