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Bahraini (BAX) Financials Sector Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies16
  • 7D-0.2%
  • 3M5.5%
  • 1Y21.1%
  • YTD22.7%

Over the last 7 days, the Financials industry has remained flat, although notably Khaleeji Commercial Bank BSC declined by 14%. As for the the longer term, the industry is up 22% over the past 12 months.

Sector Valuation and Performance

Has the Bahraini Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021ب.د13.9bب.د3.3bب.د673.2m12.4x
Mon, 25 Oct 2021ب.د13.7bب.د3.2bب.د607.7m14.6x
Wed, 22 Sep 2021ب.د13.3bب.د3.2bب.د607.7m14.6x
Fri, 20 Aug 2021ب.د13.2bب.د3.2bب.د598.7m12.3x
Fri, 04 Jun 2021ب.د11.8bب.د3.1bب.د562.9m11.8x
Mon, 08 Mar 2021ب.د11.5bب.د2.9bب.د428.5m13.8x
Thu, 10 Dec 2020ب.د11.8bب.د3.2bب.د698.7m10.7x
Wed, 02 Sep 2020ب.د11.3bب.د3.4bب.د833.8m11.5x
Sat, 06 Jun 2020ب.د10.0bب.د3.6bب.د985.4m9.7x
Tue, 10 Mar 2020ب.د14.6bب.د3.9bب.د1.2b10.3x
Mon, 02 Dec 2019ب.د13.0bب.د3.8bب.د1.1b10.8x
Thu, 05 Sep 2019ب.د13.1bب.د3.9bب.د1.1b11.4x
Sun, 09 Jun 2019ب.د12.0bب.د3.8bب.د1.1b10.6x
Sat, 02 Mar 2019ب.د11.4bب.د3.8bب.د1.1b11.4x
Tue, 04 Dec 2018ب.د9.9bب.د3.7bب.د1.1b12.2x
PE Ratio

12.2x

Total Market Cap: ب.د9.9bTotal Earnings: ب.د1.1bTotal Revenue: ب.د3.7b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 11.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Financials industry have declined 14% per year over the last three years, and revenues have also declined 3.9% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Bahraini Financials sector?

Insurance0%
Consumer Finance0%
Diversified Financial0%
Banks-0.22%
Capital Markets-7.14%

Industry PE: Investors are most optimistic about the Banks industry which is trading above its 3-year average PE ratio of 12.3x. This is likely because analysts are expecting annual earnings growth of 21%, which is higher than its past year's earnings decline of 9.2% per year. Meanwhile, investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 9.3x.

Forecasted Growth: Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 21% over the next 5 years. This is better than its past earnings decline of 9.2% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
SOLID Solidarity Bahrain B.S.Cn/aب.د31.8m20.5%PE11.5x
NBB National Bank of Bahrain BSC0.2%+ب.د1.9m9.8%PB2.2x
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