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Bahraini (BAX) Market Analysis & Valuation
UpdatedNov 25, 2024
DataAggregated Company Financials
Companies31
- 7D-0.8%
- 3M7.9%
- 1Y5.3%
- YTD3.5%
Over the last 7 days, the market has remained flat, although notably the Consumer Discretionary sector declined by 6.3%. Meanwhile, the market is actually up 5.3% over the past year. Earnings are forecast to grow by 12% annually.
Market Valuation and Performance
Has the Bahraini Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 Nov 2024 | ب.د7.5b | ب.د4.8b | ب.د766.1m | 10.1x | 9.8x | 1.6x |
| Wed, 23 Oct 2024 | ب.د7.4b | ب.د4.9b | ب.د721.8m | 11x | 10.2x | 1.5x |
| Fri, 20 Sep 2024 | ب.د7.5b | ب.د4.8b | ب.د716.4m | 11.1x | 10.4x | 1.6x |
| Sun, 18 Aug 2024 | ب.د7.2b | ب.د4.8b | ب.د717.1m | 11.2x | 10.1x | 1.5x |
| Tue, 16 Jul 2024 | ب.د7.2b | ب.د4.7b | ب.د643.8m | 11.7x | 11.2x | 1.5x |
| Thu, 13 Jun 2024 | ب.د8.1b | ب.د4.7b | ب.د649.0m | 11.7x | 12.5x | 1.7x |
| Sat, 11 May 2024 | ب.د8.1b | ب.د4.7b | ب.د640.9m | 11.7x | 12.6x | 1.7x |
| Mon, 08 Apr 2024 | ب.د8.0b | ب.د4.7b | ب.د644.8m | 11.4x | 12.4x | 1.7x |
| Wed, 06 Mar 2024 | ب.د7.5b | ب.د4.7b | ب.د658.5m | 11.4x | 11.4x | 1.6x |
| Fri, 02 Feb 2024 | ب.د8.1b | ب.د5.6b | ب.د762.0m | 11.4x | 10.6x | 1.4x |
| Sun, 31 Dec 2023 | ب.د7.7b | ب.د5.4b | ب.د681.6m | 11.6x | 11.3x | 1.4x |
| Tue, 28 Nov 2023 | ب.د7.6b | ب.د5.4b | ب.د681.6m | 11.6x | 11.2x | 1.4x |
| Thu, 26 Oct 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.4x | 10.5x | 1.4x |
| Sat, 23 Sep 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.6x | 10.4x | 1.4x |
| Mon, 21 Aug 2023 | ب.د7.5b | ب.د5.6b | ب.د870.8m | 11.6x | 8.7x | 1.4x |
| Wed, 19 Jul 2023 | ب.د7.4b | ب.د5.2b | ب.د884.4m | 12x | 8.3x | 1.4x |
| Fri, 16 Jun 2023 | ب.د7.3b | ب.د5.2b | ب.د883.1m | 11.7x | 8.3x | 1.4x |
| Sun, 14 May 2023 | ب.د7.3b | ب.د5.6b | ب.د916.8m | 11.9x | 8x | 1.3x |
| Tue, 11 Apr 2023 | ب.د7.0b | ب.د5.6b | ب.د1.0b | 10.7x | 6.9x | 1.2x |
| Thu, 09 Mar 2023 | ب.د7.4b | ب.د5.6b | ب.د1.0b | 11.4x | 7.4x | 1.3x |
| Sat, 04 Feb 2023 | ب.د7.4b | ب.د5.7b | ب.د1.2b | 10.9x | 6x | 1.3x |
| Mon, 02 Jan 2023 | ب.د7.2b | ب.د5.7b | ب.د1.2b | 11.2x | 5.9x | 1.3x |
| Wed, 30 Nov 2022 | ب.د7.0b | ب.د5.7b | ب.د1.2b | 10.9x | 5.7x | 1.2x |
| Fri, 28 Oct 2022 | ب.د17.9b | ب.د6.6b | ب.د1.8b | 11.4x | 9.7x | 2.7x |
| Sun, 25 Sep 2022 | ب.د18.2b | ب.د6.6b | ب.د1.8b | 11.4x | 9.9x | 2.8x |
| Tue, 23 Aug 2022 | ب.د18.0b | ب.د6.6b | ب.د1.8b | 11.7x | 9.9x | 2.8x |
| Thu, 21 Jul 2022 | ب.د17.3b | ب.د6.2b | ب.د1.7b | 12.8x | 10.5x | 2.8x |
| Sat, 18 Jun 2022 | ب.د16.9b | ب.د6.2b | ب.د1.7b | 13.1x | 10.2x | 2.7x |
| Mon, 16 May 2022 | ب.د18.2b | ب.د6.1b | ب.د1.6b | 13.8x | 11.3x | 3x |
| Wed, 13 Apr 2022 | ب.د19.7b | ب.د5.9b | ب.د1.5b | 14.1x | 13x | 3.4x |
| Fri, 11 Mar 2022 | ب.د18.8b | ب.د5.8b | ب.د1.5b | 14x | 12.5x | 3.2x |
| Sun, 06 Feb 2022 | ب.د16.8b | ب.د5.4b | ب.د1.1b | 14.8x | 15.8x | 3.1x |
| Tue, 04 Jan 2022 | ب.د16.6b | ب.د5.4b | ب.د1.1b | 14.6x | 15.6x | 3.1x |
| Thu, 02 Dec 2021 | ب.د16.3b | ب.د5.4b | ب.د1.1b | 13.9x | 15.4x | 3x |
Price to Earnings Ratio
15.4x
Current Market PE
- Investors are relatively neutral on the Bahraini 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 10.4x.
Past Earnings Growth
- The earnings for companies in the Bahraini industry have declined 10% per year over the last three years.
- Revenues have also declined 3.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Sector Trends
Which sectors have driven the changes within the Bahraini Market?
| BH Market | -0.79% | |
| Financials | 0.16% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Consumer Staples | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Telecom | -0.041% | |
| Industrials | -0.57% | |
| Materials | -2.13% | |
| Consumer Discretionary | -6.26% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 10.4x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.3x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 27% per year.
- In contrast, the Materials sector is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|---|
| NHOTEL National Hotels Company B.S.C | ب.د0.22 | 1.4% +ب.د363.8k | 14.7% | PE10.5x | Consumer Discretionary |
