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Bahraini (BAX) Market Analysis & Valuation

UpdatedJun 22, 2024
DataAggregated Company Financials
Companies30
  • 7D0.05%
  • 3M0.4%
  • 1Y4.5%
  • YTD4.5%

The Consumer Staples sector gained 4.2% while the market remained flat over the last week. As for the longer term, the market has risen 4.5% in the past 12 months. Looking forward, earnings are forecast to grow by 38% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Jun 2024ب.د8.1bب.د4.7bب.د649.1m11.8x12.5x1.7x
Tue, 21 May 2024ب.د8.1bب.د4.8bب.د646.9m11.5x12.5x1.7x
Thu, 18 Apr 2024ب.د8.1bب.د4.7bب.د642.9m11.6x12.6x1.7x
Sat, 16 Mar 2024ب.د7.6bب.د4.7bب.د660.0m11x11.5x1.6x
Mon, 12 Feb 2024ب.د7.7bب.د4.6bب.د652.3m11.5x11.8x1.7x
Wed, 10 Jan 2024ب.د7.8bب.د5.4bب.د681.6m11.6x11.5x1.4x
Fri, 08 Dec 2023ب.د7.7bب.د5.4bب.د681.6m11.5x11.2x1.4x
Sun, 05 Nov 2023ب.د7.5bب.د5.4bب.د721.9m11.1x10.3x1.4x
Tue, 03 Oct 2023ب.د7.5bب.د5.4bب.د718.3m11.6x10.5x1.4x
Thu, 31 Aug 2023ب.د7.5bب.د5.4bب.د718.3m11.6x10.4x1.4x
Sat, 29 Jul 2023ب.د7.5bب.د5.2bب.د884.6m12.3x8.4x1.4x
Mon, 26 Jun 2023ب.د7.3bب.د5.2bب.د884.4m12x8.3x1.4x
Wed, 24 May 2023ب.د7.5bب.د5.5bب.د884.6m11.7x8.5x1.4x
Fri, 21 Apr 2023ب.د7.0bب.د5.6bب.د1.0b10.8x6.9x1.2x
Sun, 19 Mar 2023ب.د7.4bب.د5.6bب.د1.0b10.8x7.3x1.3x
Tue, 14 Feb 2023ب.د7.4bب.د5.7bب.د1.1b10.9x6.8x1.3x
Thu, 12 Jan 2023ب.د7.2bب.د5.7bب.د1.2b11x5.9x1.3x
Sat, 10 Dec 2022ب.د6.9bب.د5.7bب.د1.2b10.9x5.6x1.2x
Mon, 07 Nov 2022ب.د17.9bب.د6.6bب.د1.8b11x9.7x2.7x
Wed, 05 Oct 2022ب.د17.9bب.د6.6bب.د1.8b11.5x9.7x2.7x
Fri, 02 Sep 2022ب.د18.2bب.د6.6bب.د1.8b11.7x9.9x2.8x
Sun, 31 Jul 2022ب.د18.2bب.د6.2bب.د1.7b11.8x11x3x
Tue, 28 Jun 2022ب.د16.6bب.د6.2bب.د1.7b13.1x10x2.7x
Thu, 26 May 2022ب.د17.3bب.د6.1bب.د1.6b13.4x10.5x2.8x
Sat, 23 Apr 2022ب.د19.5bب.د5.9bب.د1.5b13.6x12.9x3.3x
Mon, 21 Mar 2022ب.د17.9bب.د5.8bب.د1.5b13.9x11.9x3.1x
Wed, 16 Feb 2022ب.د17.1bب.د5.7bب.د1.3b14.7x13.5x3x
Fri, 14 Jan 2022ب.د16.7bب.د5.4bب.د1.1b14.6x15.7x3.1x
Sun, 12 Dec 2021ب.د16.6bب.د5.4bب.د1.1b14.2x15.7x3.1x
Tue, 09 Nov 2021ب.د16.7bب.د5.4bب.د1.0b14.3x16.1x3.1x
Thu, 07 Oct 2021ب.د16.0bب.د5.2bب.د845.0m14.9x19x3.1x
Sat, 04 Sep 2021ب.د16.3bب.د5.3bب.د835.2m14.1x19.5x3.1x
Mon, 02 Aug 2021ب.د15.2bب.د5.3bب.د835.2m13.6x18.2x2.9x
Price to Earnings Ratio

18.2x


Total Market Cap: ب.د15.2bTotal Earnings: ب.د835.2mTotal Revenue: ب.د5.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Bahraini Market Price to Earnings3Y Average 11.5x202220232024
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 11.5x.
Past Earnings Growth
  • The earnings for companies in the Bahraini industry have declined 8.1% 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 Market0.046%
Consumer Staples4.22%
Real Estate3.76%
Materials0.42%
Telecom0.18%
Energy0%
Industrials0%
Healthcare0%
Tech0%
Utilities0%
Financials-0.18%
Consumer Discretionary-0.41%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 6.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 37.7% which is higher than its past year's earnings decline of 70.0% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 13.9x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings decline of 70% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 38% 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
ALBH Aluminium Bahrain B.S.Cب.د1.200.4%
+ب.د7.1m
10.0%PE17.8xMaterials
SEEF Seef Properties B.S.Cب.د0.143.8%
+ب.د2.3m
-10.4%PE10.1xReal Estate
BEYON Bahrain Telecommunications Company BSCب.د0.520.2%
+ب.د1.7m
0.6%PE11.8xTelecom
TRAFCO Trafco Group B.S.Cب.د0.295.5%
+ب.د1.1m
n/aPE11.8xConsumer Staples
See more
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Latest News

GHG

ب.د0.41

Gulf Hotels Group B.S.C

7D

-1.2%

1Y

1.2%

ITHMR

US$0.022

Ithmaar Holding B.S.C

7D

-8.3%

1Y

-71.1%

ALBH

ب.د1.20

Aluminium Bahrain B.S.C

7D

0.4%

1Y

10.0%

BBK

ب.د0.51

Bank of Bahrain and Kuwait B.S.C

7D

-0.6%

1Y

4.0%

TRAFCO

ب.د0.29

Trafco Group B.S.C

7D

5.5%

1Y

n/a

SEEF

ب.د0.14

Seef Properties B.S.C

7D

3.8%

1Y

-10.4%

BEYON

ب.د0.52

Bahrain Telecommunications Company BSC

7D

0.2%

1Y

0.6%