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Emirati (ADX) Market Analysis & Valuation

UpdatedNov 07, 2025
DataAggregated Company Financials
Companies150
  • 7D-1.7%
  • 3M-2.6%
  • 1Y9.6%
  • YTD6.0%

Over the last 7 days, the market has dropped 1.7%, driven by pullbacks in every sector, especially the Financials sector. As for the longer term, the market has actually risen by 9.6% in the last year. Looking forward, earnings are forecast to grow by 6.9% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Nov 2025د.إ3.9tد.إ1.1tد.إ246.5b12.2x15.7x3.5x
Sun, 05 Oct 2025د.إ3.9tد.إ1.1tد.إ240.5b12.3x16.1x3.6x
Tue, 02 Sep 2025د.إ3.9tد.إ1.1tد.إ239.4b12.8x16.4x3.6x
Thu, 31 Jul 2025د.إ4.0tد.إ1.1tد.إ236.7b13.4x17.1x3.8x
Sat, 28 Jun 2025د.إ3.9tد.إ1.0tد.إ240.2b13.1x16.2x3.7x
Mon, 26 May 2025د.إ3.8tد.إ1.0tد.إ240.2b12.6x15.7x3.6x
Wed, 23 Apr 2025د.إ3.7tد.إ1.0tد.إ238.2b12.6x15.7x3.7x
Fri, 21 Mar 2025د.إ3.6tد.إ997.7bد.إ237.4b13x15.3x3.7x
Sun, 16 Feb 2025د.إ3.7tد.إ952.6bد.إ243.7b13.7x15.3x3.9x
Tue, 14 Jan 2025د.إ3.7tد.إ928.2bد.إ235.9b13.4x15.7x4x
Thu, 12 Dec 2024د.إ3.6tد.إ928.2bد.إ235.9b12.7x15.1x3.8x
Sat, 09 Nov 2024د.إ3.5tد.إ884.1bد.إ232.3b13.4x15.1x4x
Mon, 07 Oct 2024د.إ3.4tد.إ847.1bد.إ228.2b13.6x14.9x4x
Wed, 04 Sep 2024د.إ3.4tد.إ834.2bد.إ228.7b13.5x14.9x4.1x
Fri, 02 Aug 2024د.إ3.4tد.إ801.2bد.إ228.1b13.1x14.9x4.2x
Sun, 30 Jun 2024د.إ3.3tد.إ786.9bد.إ216.2b13.2x15.3x4.2x
Tue, 28 May 2024د.إ3.2tد.إ781.6bد.إ214.9b13.1x15x4.1x
Thu, 25 Apr 2024د.إ3.3tد.إ752.7bد.إ222.2b14.1x14.9x4.4x
Sat, 23 Mar 2024د.إ3.4tد.إ739.4bد.إ221.8b15.1x15.6x4.7x
Mon, 19 Feb 2024د.إ3.4tد.إ737.6bد.إ206.2b15.5x16.5x4.6x
Wed, 17 Jan 2024د.إ3.5tد.إ654.5bد.إ188.1b15.8x18.4x5.3x
Fri, 15 Dec 2023د.إ3.3tد.إ653.9bد.إ188.1b15.3x17.8x5.1x
Sun, 12 Nov 2023د.إ3.4tد.إ646.1bد.إ192.0b15x17.5x5.2x
Tue, 10 Oct 2023د.إ3.4tد.إ626.7bد.إ189.7b15.7x17.9x5.4x
Thu, 07 Sep 2023د.إ3.4tد.إ616.4bد.إ187.4b15.4x18.3x5.6x
Sat, 05 Aug 2023د.إ3.5tد.إ615.9bد.إ187.9b16.1x18.4x5.6x
Mon, 03 Jul 2023د.إ3.4tد.إ601.5bد.إ182.2b15.6x18.5x5.6x
Wed, 31 May 2023د.إ3.3tد.إ664.3bد.إ195.4b15.9x16.7x4.9x
Fri, 28 Apr 2023د.إ3.4tد.إ643.2bد.إ176.8b15.6x19x5.2x
Sun, 26 Mar 2023د.إ3.2tد.إ641.0bد.إ177.3b15x18.2x5x
Tue, 21 Feb 2023د.إ3.1tد.إ563.0bد.إ161.2b13.7x19.1x5.5x
Thu, 19 Jan 2023د.إ3.1tد.إ554.4bد.إ153.4b14.1x20.5x5.7x
Sat, 17 Dec 2022د.إ3.2tد.إ554.4bد.إ153.2b13.4x20.6x5.7x
Mon, 14 Nov 2022د.إ3.1tد.إ539.4bد.إ149.2b13.4x20.5x5.7x
Price to Earnings Ratio

20.5x


Total Market Cap: د.إ3.1tTotal Earnings: د.إ149.2bTotal Revenue: د.إ539.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Market Price to Earnings3Y Average 16.8x202320242025
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 16.8x.
Past Earnings Growth
  • The earnings for Emirian listed companies have grown 18% per year over the last three years.
  • Revenues for these companies have grown 28% 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-1.74%
Utilities-0.40%
Industrials-0.41%
Materials-0.57%
Healthcare-1.99%
Financials-2.56%
Energy-2.99%
Telecom-3.03%
Real Estate-3.37%
Consumer Discretionary-4.21%
Tech-4.56%
Consumer Staples-5.62%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 27.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 6.9% which is higher than its past year's earnings decline of 3.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 18% 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
TAQA Abu Dhabi National Energy Company PJSCد.إ3.400.9%
+د.إ3.4b		17.2%PE62.3xUtilities
ALDAR Aldar Properties PJSCد.إ9.333.7%
+د.إ2.6b		18.1%PE11xReal Estate
DU Emirates Integrated Telecommunications Company PJSCد.إ9.733.1%
+د.إ1.3b		30.3%PE15.9xTelecom
SALIK Salik Company P.J.S.Cد.إ6.132.5%
+د.إ1.1b		24.6%PE33.1xIndustrials
ADNOCDRILL ADNOC Drilling Company P.J.S.Cد.إ5.651.3%
+د.إ1.1b		7.4%PE16.9xEnergy
See more

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EMPOWER
د.إ1.64
Emirates Central Cooling Systems
7D
3.8%
1Y
-10.9%
EMAAR
د.إ13.60
Emaar Properties PJSC
7D
-4.2%
1Y
54.0%
PARKIN
د.إ5.75
Parkin Company P.J.S.C
7D
3.8%
1Y
43.8%
AMR
د.إ1.85
Americana Restaurants International
7D
-11.5%
1Y
-23.9%
ALDAR
د.إ9.33
Aldar Properties PJSC
7D
3.7%
1Y
18.1%

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Nov 05
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ALPHADHABI
د.إ9.88
Alpha Dhabi Holding PJSC
7D
-1.4%
1Y
-21.1%
EAND
د.إ19.16
Emirates Telecommunications Group Company PJSC
7D
-1.2%
1Y
8.6%
ADNOCDIST
د.إ3.66
Abu Dhabi National Oil Company for Distribution PJSC
7D
1.9%
1Y
1.7%
TAQA
د.إ3.40
Abu Dhabi National Energy Company PJSC
7D
0.9%
1Y
17.2%
ADNOCDRILL
د.إ5.65
ADNOC Drilling Company P.J.S.C
7D
1.3%
1Y
7.4%

Analysts Have Made A Financial Statement On ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Third-Quarter Report

Oct 30
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ADCB
د.إ13.92
Abu Dhabi Commercial Bank PJSC
7D
-3.5%
1Y
46.5%
SALIK
د.إ6.13
Salik Company P.J.S.C
7D
2.5%
1Y
24.6%

Capital Allocation Trends At Salik Company P.J.S.C (DFM:SALIK) Aren't Ideal

Oct 28
Capital Allocation Trends At Salik Company P.J.S.C (DFM:SALIK) Aren't Ideal
DU
د.إ9.73
Emirates Integrated Telecommunications Company PJSC
7D
3.1%
1Y
30.3%
EMIRATESNBD
د.إ27.80
Emirates NBD Bank PJSC
7D
-1.1%
1Y
44.8%

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TALABAT
د.إ0.89
Talabat Holding
7D
-7.3%
1Y
n/a
ADNOCGAS
د.إ3.42
ADNOC Gas
7D
-2.0%
1Y
2.4%

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Oct 09
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