Bahraini (BAX) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies31
- 7D-3.7%
- 3M-1.3%
- 1Y25.4%
- YTD7.1%
Over the last 7 days, the market has dropped 3.7%, driven by a loss of 3.8% in the Financials sector. In the last year, the market is actually up 25%. In the next few years, earnings are forecast to decline by 16% annually.
Market Valuation and Performance
Has the Bahraini Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | ب.د17.6b | ب.د6.1b | ب.د1.6b | 13.3x |
| Wed, 20 Apr 2022 | ب.د19.5b | ب.د5.9b | ب.د1.5b | 13.7x |
| Fri, 18 Mar 2022 | ب.د18.0b | ب.د5.8b | ب.د1.5b | 13.9x |
| Sun, 13 Feb 2022 | ب.د17.2b | ب.د5.4b | ب.د1.1b | 14.7x |
| Tue, 11 Jan 2022 | ب.د16.5b | ب.د5.4b | ب.د1.1b | 14.5x |
| Thu, 09 Dec 2021 | ب.د16.6b | ب.د5.4b | ب.د1.1b | 14.2x |
| Sat, 06 Nov 2021 | ب.د16.7b | ب.د5.4b | ب.د1.0b | 14x |
| Mon, 04 Oct 2021 | ب.د16.1b | ب.د5.2b | ب.د850.7m | 14.9x |
| Wed, 01 Sep 2021 | ب.د16.2b | ب.د5.3b | ب.د835.2m | 14.1x |
| Thu, 08 Jul 2021 | ب.د15.2b | ب.د5.3b | ب.د835.2m | 13.2x |
| Wed, 31 Mar 2021 | ب.د13.7b | ب.د5.0b | ب.د690.1m | 12.8x |
| Sat, 02 Jan 2021 | ب.د14.2b | ب.د4.9b | ب.د497.1m | 13.2x |
| Tue, 06 Oct 2020 | ب.د13.9b | ب.د5.2b | ب.د769.4m | 12.8x |
| Fri, 10 Jul 2020 | ب.د11.8b | ب.د5.4b | ب.د925.6m | 12.8x |
| Thu, 02 Apr 2020 | ب.د12.9b | ب.د5.7b | ب.د1.1b | 10.4x |
| Sun, 05 Jan 2020 | ب.د16.3b | ب.د5.9b | ب.د1.3b | 11x |
| Wed, 09 Oct 2019 | ب.د14.8b | ب.د5.8b | ب.د1.2b | 11.1x |
| Tue, 02 Jul 2019 | ب.د14.4b | ب.د5.7b | ب.د1.2b | 11.5x |
Median PE Ratio
11.1x
Current Market PE
- Investors are relatively neutral on the 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 12.7x.
- Future earnings are expected to decline by 16% which could lead to a drop in market valuations.
Past Earnings Growth
- The earnings for Bahraini listed companies have grown 10% per year over the last three years.
- Revenues for these companies have grown 2.5% 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 Bahraini Market?
| BH Market | -3.65% | |
| Real Estate | 1.20% | |
| Energy | 0% | |
| Industrials | 0% | |
| Consumer Staples | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Consumer Discretionary | -0.94% | |
| Materials | -2.74% | |
| Financials | -3.77% | |
| Telecom | -6.20% | |
Sector PE
- Investors are most optimistic about the Consumer Staples sector even though it's trading below its 3-year average PE ratio of 37.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Materials sector, which is trading below its 3-year average of 17.5x.
Forecasted Growth
- In contrast, the Materials sector is expected to see its earnings decline by 16% 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 | |
|---|---|---|---|---|---|---|
| ZAINBH Zain Bahrain B.S.C | ب.د0.15 | 4.2% +ب.د2.2m | 31.9% | PS9.7x | Telecom | |
| SEEF Seef Properties B.S.C | ب.د0.17 | 1.2% +ب.د920.0k | 5.0% | PB0.5x | Real Estate | |
| BNH Bahrain National Holding Company B.S.C | ب.د0.46 | 1.1% +ب.د595.9k | n/a | PS8.8x | Financials | |
| NHOTEL National Hotels Company B.S.C | ب.د0.14 | 2.2% +ب.د369.5k | n/a | PS15.6x | Consumer Discretionary |