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Palestinian (Al-Quds) Market Analysis & Valuation
UpdatedDec 23, 2024
DataAggregated Company Financials
Companies41
- 7D2.6%
- 3M1.0%
- 1Y-14.1%
- YTD-12.7%
Over the last 7 days, the market has risen 2.6%, driven by gains of 14% in the Industrials sector. Longer term the market is actually down 14% over the past year. Looking forward, earnings are forecast to grow by 3.8% annually.
Market Valuation and Performance
Has the Palestinian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 23 Dec 2024 | ₪3.2b | ₪2.6b | ₪44.9m | 18.5x | 71.6x | 1.2x |
| Wed, 20 Nov 2024 | ₪3.1b | ₪2.6b | ₪38.5m | 23.6x | 80.8x | 1.2x |
| Fri, 18 Oct 2024 | ₪3.1b | ₪2.6b | ₪37.6m | 20.8x | 82.6x | 1.2x |
| Sun, 15 Sep 2024 | ₪3.4b | ₪2.7b | ₪68.6m | 20.9x | 48.9x | 1.2x |
| Tue, 13 Aug 2024 | ₪3.3b | ₪2.8b | ₪90.5m | 20.7x | 36.1x | 1.2x |
| Thu, 11 Jul 2024 | ₪3.5b | ₪2.8b | ₪92.2m | 20.6x | 37.4x | 1.2x |
| Sat, 08 Jun 2024 | ₪3.6b | ₪2.9b | ₪118.3m | 17.1x | 30.1x | 1.2x |
| Mon, 06 May 2024 | ₪3.6b | ₪3.0b | ₪142.1m | 17.4x | 25x | 1.2x |
| Wed, 03 Apr 2024 | ₪3.4b | ₪2.9b | ₪170.0m | 15.2x | 20.1x | 1.2x |
| Fri, 01 Mar 2024 | ₪3.5b | ₪3.1b | ₪267.9m | 12.7x | 13x | 1.1x |
| Sun, 28 Jan 2024 | ₪3.9b | ₪3.3b | ₪291.9m | 13.4x | 13.5x | 1.2x |
| Tue, 26 Dec 2023 | ₪4.1b | ₪3.2b | ₪283.2m | 12.9x | 14.3x | 1.3x |
| Thu, 23 Nov 2023 | ₪4.0b | ₪3.2b | ₪352.8m | 10.6x | 11.4x | 1.2x |
| Sat, 21 Oct 2023 | ₪4.1b | ₪3.2b | ₪354.1m | 10.9x | 11.5x | 1.3x |
| Mon, 18 Sep 2023 | ₪4.4b | ₪3.2b | ₪353.8m | 12.1x | 12.4x | 1.4x |
| Wed, 16 Aug 2023 | ₪4.4b | ₪3.2b | ₪349.4m | 11.7x | 12.7x | 1.4x |
| Fri, 14 Jul 2023 | ₪4.4b | ₪3.2b | ₪347.1m | 11.7x | 12.8x | 1.4x |
| Sun, 11 Jun 2023 | ₪4.5b | ₪3.2b | ₪347.8m | 12.1x | 12.9x | 1.4x |
| Tue, 09 May 2023 | ₪4.5b | ₪3.2b | ₪342.3m | 12x | 13.2x | 1.4x |
| Thu, 06 Apr 2023 | ₪4.5b | ₪2.0b | ₪316.9m | 12.3x | 14.3x | 2.2x |
| Sat, 04 Mar 2023 | ₪4.5b | ₪3.2b | ₪341.5m | 12.6x | 13.1x | 1.4x |
| Mon, 30 Jan 2023 | ₪4.4b | ₪3.2b | ₪342.4m | 11.8x | 12.9x | 1.4x |
| Wed, 28 Dec 2022 | ₪4.1b | ₪3.2b | ₪342.4m | 11.7x | 12x | 1.3x |
| Fri, 25 Nov 2022 | ₪4.1b | ₪3.2b | ₪339.4m | 12.2x | 12.2x | 1.3x |
| Sun, 23 Oct 2022 | ₪4.1b | ₪3.1b | ₪335.3m | 12.2x | 12.3x | 1.3x |
| Tue, 20 Sep 2022 | ₪4.2b | ₪3.1b | ₪334.5m | 12.4x | 12.6x | 1.3x |
| Thu, 18 Aug 2022 | ₪4.2b | ₪3.0b | ₪324.3m | 14.1x | 12.8x | 1.4x |
| Sat, 16 Jul 2022 | ₪4.2b | ₪3.0b | ₪327.0m | 13.7x | 12.8x | 1.4x |
| Mon, 13 Jun 2022 | ₪4.2b | ₪3.1b | ₪330.8m | 13x | 12.8x | 1.4x |
| Wed, 11 May 2022 | ₪3.9b | ₪2.9b | ₪313.3m | 12.9x | 12.6x | 1.4x |
| Fri, 08 Apr 2022 | ₪3.9b | ₪3.0b | ₪312.5m | 12.7x | 12.6x | 1.3x |
| Sun, 06 Mar 2022 | ₪4.0b | ₪3.0b | ₪315.4m | 12.5x | 12.7x | 1.3x |
| Tue, 01 Feb 2022 | ₪4.0b | ₪2.9b | ₪284.1m | 12.4x | 13.9x | 1.4x |
| Thu, 30 Dec 2021 | ₪3.9b | ₪2.9b | ₪284.2m | 12.2x | 13.8x | 1.3x |
Price to Earnings Ratio
13.8x
Current Market PE
- Investors are optimistic on the Palestinian Territory, Occupied market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 71.6x which is higher than its 3-year average PE of 22.0x.
Past Earnings Growth
- The earnings for companies in the Palestinian Territory, Occupied industry have declined 46% per year over the last three years.
- Revenues have also declined 3.5% 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 Palestinian Market?
| PS Market | 2.56% | |
| Industrials | 14.48% | |
| Consumer Staples | 5.27% | |
| Healthcare | 4.53% | |
| Financials | 2.16% | |
| Materials | 0.19% | |
| Energy | 0% | |
| Consumer Discretionary | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Telecom | -0.59% | |
| Real Estate | -0.69% | |
Sector PE
- Investors favour the Industrials sector the most for future growth which is trading above its 3-year average PE ratio.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 3.8% over the next 5 years.
- This is better than its past earnings decline of 28% per year.
- In contrast, the Telecom sector is expected to see its earnings grow by 3.8% 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 | |
|---|---|---|---|---|---|---|
| APIC Arab Palestinian Investment | US$2.50 | 15.7% +US$42.5m | -7.9% | PE40.8x | Industrials | |
| ISBK Palestine Islamic Bank | US$1.36 | 22.5% +US$25.0m | -22.3% | PB0.9x | Financials | |
| VOIC Vegetable Oil Industries | د.أ6.61 | 15.0% +د.أ6.9m | n/a | PE8.5x | Consumer Staples | |
| BPC Birzeit Pharmaceuticals | US$3.95 | 6.2% +US$8.9m | -7.7% | PE42.8x | Healthcare | |
| AIB Arab Islamic Bank | US$1.10 | 3.8% +US$4.0m | -31.3% | PB0.8x | Financials |
