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Emirati (ADX) Market Analysis & Valuation

UpdatedMay 10, 2025
DataAggregated Company Financials
Companies153
  • 7D0.2%
  • 3M-0.8%
  • 1Y8.1%
  • YTD0.5%

Over the last 7 days, the market has remained flat, although notably the Information Technology sector gained 6.6% in that time. More promisingly, the market is up 8.1% over the past year. Earnings are forecast to grow by 4.8% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 May 2025د.إ3.9tد.إ1.0tد.إ240.7b12.7x16x3.7x
Mon, 07 Apr 2025د.إ3.7tد.إ1.0tد.إ237.8b12.6x15.4x3.7x
Wed, 05 Mar 2025د.إ3.7tد.إ994.5bد.إ235.8b13.1x15.7x3.7x
Fri, 31 Jan 2025د.إ3.7tد.إ941.0bد.إ238.9b13.3x15.5x3.9x
Sun, 29 Dec 2024د.إ3.6tد.إ928.2bد.إ235.8b13.1x15.5x3.9x
Tue, 26 Nov 2024د.إ3.4tد.إ922.4bد.إ232.5b12.9x14.8x3.7x
Thu, 24 Oct 2024د.إ3.4tد.إ848.9bد.إ229.4b13.5x15x4.1x
Sat, 21 Sep 2024د.إ3.5tد.إ849.5bد.إ229.1b13.6x15.2x4.1x
Mon, 19 Aug 2024د.إ3.4tد.إ833.5bد.إ228.9b13.4x14.7x4.1x
Wed, 17 Jul 2024د.إ3.3tد.إ787.6bد.إ216.3b13.4x15.4x4.2x
Fri, 14 Jun 2024د.إ3.3tد.إ781.8bد.إ214.9b13.1x15.2x4.2x
Sun, 12 May 2024د.إ3.3tد.إ773.8bد.إ224.8b13.9x14.8x4.3x
Tue, 09 Apr 2024د.إ3.4tد.إ736.3bد.إ220.5b14.1x15.3x4.6x
Thu, 07 Mar 2024د.إ3.4tد.إ742.6bد.إ221.9b15.3x15.3x4.6x
Sat, 03 Feb 2024د.إ3.4tد.إ657.7bد.إ192.4b15.6x17.7x5.2x
Mon, 01 Jan 2024د.إ3.5tد.إ653.9bد.إ188.1b15.1x18.4x5.3x
Wed, 29 Nov 2023د.إ3.4tد.إ650.0bد.إ187.3b15.4x17.9x5.2x
Fri, 27 Oct 2023د.إ3.2tد.إ633.6bد.إ185.2b14.9x17.4x5.1x
Sun, 24 Sep 2023د.إ3.5tد.إ616.3bد.إ187.5b16.2x18.8x5.7x
Tue, 22 Aug 2023د.إ3.5tد.إ616.2bد.إ187.4b16x18.6x5.7x
Thu, 20 Jul 2023د.إ3.4tد.إ601.9bد.إ182.6b16x18.8x5.7x
Sat, 17 Jun 2023د.إ3.3tد.إ664.3bد.إ195.4b16x16.9x5x
Mon, 15 May 2023د.إ3.3tد.إ662.1bد.إ185.6b16.7x17.9x5x
Wed, 12 Apr 2023د.إ3.2tد.إ642.3bد.إ176.2b15.6x18.4x5.1x
Fri, 10 Mar 2023د.إ3.0tد.إ568.9bد.إ162.2b14.2x18.8x5.4x
Sun, 05 Feb 2023د.إ3.0tد.إ561.0bد.إ154.2b13.1x19.8x5.4x
Tue, 03 Jan 2023د.إ3.1tد.إ554.4bد.إ153.4b13.9x20.5x5.7x
Thu, 01 Dec 2022د.إ3.2tد.إ545.2bد.إ152.4b13.5x20.8x5.8x
Sat, 29 Oct 2022د.إ2.9tد.إ518.4bد.إ133.2b13.9x21.6x5.6x
Mon, 26 Sep 2022د.إ2.8tد.إ509.2bد.إ129.9b14.7x21.3x5.4x
Wed, 24 Aug 2022د.إ2.6tد.إ508.3bد.إ128.2b14.9x20.4x5.1x
Fri, 22 Jul 2022د.إ2.5tد.إ480.1bد.إ114.7b15.4x21.6x5.2x
Sun, 19 Jun 2022د.إ2.5tد.إ478.7bد.إ115.0b15.1x21.5x5.2x
Tue, 17 May 2022د.إ2.4tد.إ455.2bد.إ109.5b15x21.6x5.2x
Price to Earnings Ratio

21.6x


Total Market Cap: د.إ2.4tTotal Earnings: د.إ109.5bTotal Revenue: د.إ455.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Market Price to Earnings3Y Average 17.7x202320242025
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 17.7x.
Past Earnings Growth
  • The earnings for Emirian listed companies have grown 30% per year over the last three years.
  • Revenues for these companies have grown 31% 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%
Tech6.62%
Energy2.45%
Financials0.89%
Materials0.24%
Real Estate0.15%
Utilities-0.26%
Industrials-0.42%
Consumer Discretionary-0.45%
Telecom-0.74%
Consumer Staples-1.55%
Healthcare-2.39%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 24.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 15.3% which is higher than its past year's earnings decline of 7.1% 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 9.4x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • 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?

CompanyLast Price7D1YValuationSector
ADNOCGAS ADNOC Gasد.إ3.242.2%
+د.إ5.4b
6.9%PE13.3xEnergy
ADIB Abu Dhabi Islamic Bank PJSCد.إ19.706.6%
+د.إ4.4b
63.9%PB2.8xFinancials
FAB First Abu Dhabi Bank P.J.S.Cد.إ15.602.6%
+د.إ4.4b
25.8%PB1.4xFinancials
ADNOCDRILL ADNOC Drilling Company P.J.S.Cد.إ5.255.0%
+د.إ4.0b
33.6%PE16.7xEnergy
EMIRATESNBD Emirates NBD Bank PJSCد.إ21.051.7%
+د.إ2.2b
25.7%PB1.1xFinancials
See more
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Market Insights

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Latest News

TAQA

د.إ3.14

Abu Dhabi National Energy Company PJSC

7D

-0.3%

1Y

6.1%

ADNOCDRILL

د.إ5.25

ADNOC Drilling Company P.J.S.C

7D

5.0%

1Y

33.6%

SALIK

د.إ5.30

Salik Company P.J.S.C

7D

2.7%

1Y

52.3%

PRESIGHT

د.إ2.29

Presight AI Holding

7D

12.3%

1Y

-11.2%

IHC

د.إ401.00

International Holding Company PJSC

7D

-0.4%

1Y

0.4%

ALPHADHABI

د.إ10.94

Alpha Dhabi Holding PJSC

7D

-4.7%

1Y

-22.4%

ADNOCGAS

د.إ3.24

ADNOC Gas

7D

2.2%

1Y

6.9%

ADIB

د.إ19.70

Abu Dhabi Islamic Bank PJSC

7D

6.6%

1Y

63.9%

BOROUGE

د.إ2.56

Borouge

7D

-1.9%

1Y

3.6%

FAB

د.إ15.60

First Abu Dhabi Bank P.J.S.C

7D

2.6%

1Y

25.8%

EMIRATESNBD

د.إ21.05

Emirates NBD Bank PJSC

7D

1.7%

1Y

25.7%

EIB

د.إ11.50

Emirates Islamic Bank PJSC

7D

-6.1%

1Y

n/a