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Bahraini (BAX) Market Analysis & Valuation

UpdatedJun 01, 2023
DataAggregated Company Financials
Companies35
  • 7D0.07%
  • 3M1.7%
  • 1Y4.9%
  • YTD9.8%

The market has stayed flat over the 7 days. Meanwhile, the market is actually up 4.8% over the past year. In the next few years, earnings are forecast to decline by 9.0% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jun 2023ب.د18.4bب.د6.4bب.د1.3b11.7x13.8x2.9x
Sat, 29 Apr 2023ب.د17.9bب.د6.5bب.د1.5b10.8x12.2x2.7x
Mon, 27 Mar 2023ب.د18.0bب.د6.5bب.د1.5b10.8x12.3x2.8x
Wed, 22 Feb 2023ب.د18.3bب.د6.6bب.د1.6b10.8x11.6x2.8x
Fri, 20 Jan 2023ب.د18.3bب.د6.6bب.د1.7b11x10.8x2.8x
Sun, 18 Dec 2022ب.د17.8bب.د6.6bب.د1.7b10.9x10.6x2.7x
Tue, 15 Nov 2022ب.د17.9bب.د6.5bب.د1.7b11.2x10.5x2.8x
Thu, 13 Oct 2022ب.د17.9bب.د6.6bب.د1.8b11.5x9.7x2.7x
Sat, 10 Sep 2022ب.د18.2bب.د6.6bب.د1.8b11.6x9.9x2.8x
Mon, 08 Aug 2022ب.د18.1bب.د6.2bب.د1.7b11.5x10.7x2.9x
Wed, 06 Jul 2022ب.د17.6bب.د6.2bب.د1.7b13.1x10.6x2.9x
Fri, 03 Jun 2022ب.د17.5bب.د6.0bب.د1.7b13.1x10.5x2.9x
Sun, 01 May 2022ب.د19.2bب.د5.8bب.د1.5b13.3x12.7x3.3x
Tue, 29 Mar 2022ب.د19.1bب.د5.8bب.د1.5b14x12.6x3.3x
Thu, 24 Feb 2022ب.د18.1bب.د5.8bب.د1.4b14.1x13.3x3.1x
Sat, 22 Jan 2022ب.د16.7bب.د5.4bب.د1.1b14.6x15.7x3.1x
Mon, 20 Dec 2021ب.د16.5bب.د5.4bب.د1.1b14.4x15.5x3.1x
Wed, 17 Nov 2021ب.د16.7bب.د5.4bب.د1.1b14.5x15.9x3.1x
Fri, 15 Oct 2021ب.د16.2bب.د5.2bب.د845.0m14.7x19.1x3.1x
Sun, 12 Sep 2021ب.د15.6bب.د5.2bب.د850.7m14.8x18.3x3x
Tue, 10 Aug 2021ب.د15.5bب.د5.3bب.د835.2m13.7x18.6x3x
Mon, 03 May 2021ب.د13.9bب.د5.0bب.د690.1m13.4x20.1x2.8x
Thu, 04 Feb 2021ب.د13.9bب.د4.9bب.د497.1m13.3x28x2.9x
Sun, 08 Nov 2020ب.د13.9bب.د5.2bب.د769.4m12.7x18x2.7x
Sat, 01 Aug 2020ب.د12.1bب.د5.4bب.د928.5m13.3x13x2.2x
Price to Earnings Ratio

10.6x


Total Market Cap: ب.د11.7bTotal Earnings: ب.د1.1bTotal Revenue: ب.د5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Bahraini Market Price to Earnings3Y Average 15.6x202120222023
Current Market PE
  • Investors are pessimistic on the Bahraini market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 13.8x which is lower than its 3-year average PE of 15.6x.
Past Earnings Growth
  • The earnings for Bahraini listed companies have grown 6.5% per year over the last three years.
  • Revenues for these companies have grown 4.1% 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 Market0.07%
Consumer Discretionary0.92%
Financials0.15%
Energy0%
Real Estate0%
Consumer Staples0%
Healthcare0%
Tech0%
Utilities0%
Telecom-0.10%
Industrials-0.34%
Materials-0.36%
Sector PE
  • Investors favour the Financials sector the most for future growth, which is trading close to its 3-year average PE ratio of 17.8x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Materials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 4.9x.
Forecasted Growth
  • In contrast, the Materials sector is expected to see its earnings decline by 9.0% 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
SALAM Al Salam Bank B.S.Cب.د0.143.6%
+ب.د12.3m		71.8%PB1.1xFinancials
GHG Gulf Hotels Group B.S.Cب.د0.413.0%
+ب.د2.7m		10.8%PE12.2xConsumer Discretionary
BBK Bank of Bahrain and Kuwait B.S.Cب.د0.530.2%
+ب.د1.7m		14.5%PB1.7xFinancials
ZAINBH Zain Bahrain B.S.Cب.د0.131.6%
+ب.د727.8k		-7.1%PE8.3xTelecom
NHOTEL National Hotels Company B.S.Cب.د0.170%
ب.د588.3		n/aPE6.4xConsumer Discretionary
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BARKA

US$0.31

Al Baraka Group B.S.C

7D

-0.6%

1Y

3.0%

ABC

US$0.24

Arab Banking Corporation (B.S.C.)

7D

-0.4%

1Y

-19.5%

APMTB

ب.د1.05

APM Terminals Bahrain B.S.C

7D

-0.3%

1Y

-13.9%

GHG

ب.د0.41

Gulf Hotels Group B.S.C

7D

3.0%

1Y

10.8%

NASS

ب.د0.10

Nass Corporation BSC

7D

-1.0%

1Y

n/a

NHOTEL

ب.د0.17

National Hotels Company B.S.C

7D

0%

1Y

n/a

BATELCO

ب.د0.51

Bahrain Telecommunications Company BSC

7D

-0.2%

1Y

1.0%

BBK

ب.د0.53

Bank of Bahrain and Kuwait B.S.C

7D

0.2%

1Y

14.5%

ZAINBH

ب.د0.13

Zain Bahrain B.S.C

7D

1.6%

1Y

-7.1%

ALBH

ب.د1.11

Aluminium Bahrain B.S.C

7D

-0.4%

1Y

-10.8%

SALAM

ب.د0.14

Al Salam Bank B.S.C

7D

3.6%

1Y

71.8%