Have your own idea? Try our Stock Screener
Palestinian (Al-Quds) Market Analysis & Valuation
UpdatedNov 22, 2024
DataAggregated Company Financials
Companies40
- 7D-0.4%
- 3M-4.8%
- 1Y-16.4%
- YTD-15.6%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. The past year hasn't been profitable, with the market dropping 16%. As for the next few years, earnings are expected to grow by 3.8% per annum.
Market Valuation and Performance
Has the Palestinian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 Nov 2024 | ₪3.1b | ₪2.6b | ₪38.6m | 22.5x | 80.5x | 1.2x |
| Sun, 20 Oct 2024 | ₪3.1b | ₪2.6b | ₪36.1m | 20.7x | 85.7x | 1.2x |
| Tue, 17 Sep 2024 | ₪3.4b | ₪2.7b | ₪68.9m | 20.2x | 48.7x | 1.2x |
| Thu, 15 Aug 2024 | ₪3.3b | ₪2.8b | ₪90.5m | 20.6x | 36.5x | 1.2x |
| Sat, 13 Jul 2024 | ₪3.5b | ₪2.8b | ₪92.2m | 20.1x | 37.5x | 1.2x |
| Mon, 10 Jun 2024 | ₪3.6b | ₪2.9b | ₪118.0m | 17.5x | 30.2x | 1.2x |
| Wed, 08 May 2024 | ₪3.6b | ₪3.0b | ₪142.1m | 17.1x | 25.2x | 1.2x |
| Fri, 05 Apr 2024 | ₪3.4b | ₪2.9b | ₪170.0m | 14.9x | 20.1x | 1.2x |
| Sun, 03 Mar 2024 | ₪3.5b | ₪3.0b | ₪260.1m | 13x | 13.4x | 1.1x |
| Tue, 30 Jan 2024 | ₪3.9b | ₪3.3b | ₪291.9m | 13.4x | 13.5x | 1.2x |
| Thu, 28 Dec 2023 | ₪4.1b | ₪3.2b | ₪283.2m | 13.3x | 14.4x | 1.3x |
| Sat, 25 Nov 2023 | ₪4.1b | ₪3.2b | ₪353.9m | 10.3x | 11.5x | 1.2x |
| Mon, 23 Oct 2023 | ₪4.1b | ₪3.2b | ₪354.1m | 10.9x | 11.6x | 1.3x |
| Wed, 20 Sep 2023 | ₪4.4b | ₪3.2b | ₪354.1m | 11.8x | 12.3x | 1.4x |
| Fri, 18 Aug 2023 | ₪4.4b | ₪3.2b | ₪357.9m | 11.7x | 12.4x | 1.4x |
| Sun, 16 Jul 2023 | ₪4.4b | ₪3.2b | ₪347.1m | 11.7x | 12.8x | 1.4x |
| Tue, 13 Jun 2023 | ₪4.5b | ₪3.2b | ₪347.8m | 11.8x | 12.8x | 1.4x |
| Thu, 11 May 2023 | ₪4.5b | ₪3.2b | ₪342.3m | 12.2x | 13.1x | 1.4x |
| Sat, 08 Apr 2023 | ₪4.5b | ₪2.0b | ₪316.9m | 12.3x | 14.3x | 2.3x |
| Mon, 06 Mar 2023 | ₪4.5b | ₪3.2b | ₪341.5m | 12.7x | 13.1x | 1.4x |
| Wed, 01 Feb 2023 | ₪4.4b | ₪3.2b | ₪342.4m | 11.8x | 12.9x | 1.4x |
| Fri, 30 Dec 2022 | ₪4.2b | ₪3.2b | ₪342.4m | 11.7x | 12.2x | 1.3x |
| Sun, 27 Nov 2022 | ₪4.1b | ₪3.1b | ₪339.4m | 11.4x | 12.2x | 1.3x |
| Tue, 25 Oct 2022 | ₪4.1b | ₪3.1b | ₪337.0m | 12.1x | 12.2x | 1.3x |
| Thu, 22 Sep 2022 | ₪4.2b | ₪3.1b | ₪334.4m | 12.5x | 12.5x | 1.3x |
| Sat, 20 Aug 2022 | ₪4.1b | ₪3.1b | ₪323.7m | 13.8x | 12.8x | 1.4x |
| Mon, 18 Jul 2022 | ₪4.2b | ₪3.0b | ₪327.0m | 13.8x | 12.8x | 1.4x |
| Wed, 15 Jun 2022 | ₪4.2b | ₪3.1b | ₪330.8m | 13x | 12.8x | 1.4x |
| Fri, 13 May 2022 | ₪3.9b | ₪2.9b | ₪313.3m | 12.9x | 12.6x | 1.4x |
| Sun, 10 Apr 2022 | ₪3.9b | ₪3.0b | ₪312.5m | 12.7x | 12.6x | 1.3x |
| Tue, 08 Mar 2022 | ₪4.0b | ₪3.0b | ₪315.4m | 12.5x | 12.7x | 1.3x |
| Thu, 03 Feb 2022 | ₪4.0b | ₪2.9b | ₪284.1m | 12.4x | 13.9x | 1.4x |
| Sat, 01 Jan 2022 | ₪3.9b | ₪2.9b | ₪284.2m | 12.2x | 13.9x | 1.4x |
| Mon, 29 Nov 2021 | ₪4.0b | ₪2.9b | ₪280.1m | 12.8x | 14.1x | 1.4x |
Price to Earnings Ratio
14.1x
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 80.6x which is higher than its 3-year average PE of 20.4x.
Past Earnings Growth
- The earnings for companies in the Palestinian Territory, Occupied industry have declined 48% per year over the last three years.
- Revenues have also declined 3.3% 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 | -0.44% | |
| Materials | 1.92% | |
| Consumer Staples | 1.24% | |
| Industrials | 0.81% | |
| Energy | 0% | |
| Consumer Discretionary | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Financials | -0.42% | |
| Real Estate | -0.78% | |
| Healthcare | -0.92% | |
| Telecom | -1.04% | |
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 | |
|---|---|---|---|---|---|---|
| AZIZA Palestine Poultry Company L.T.D | د.أ2.84 | 9.7% +د.أ3.4m | -5.3% | PE10.2x | Consumer Staples | |
| OOREDOO Wataniya Palestine Mobile Telecommunication - Public Shareholding | US$0.79 | 1.3% +US$2.9m | -7.1% | PE18.4x | Telecom | |
| APIC Arab Palestinian Investment | US$2.27 | 0.9% +US$2.5m | -17.8% | PE37.1x | Industrials | |
| ARAB Arab Investors | د.أ0.82 | 12.3% +د.أ900.0k | n/a | PE41x | Real Estate | |
| NCI National Carton Industry P.L.C | US$1.75 | 6.1% +US$500.0k | 9.4% | PE9x | Materials |
