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Palestinian (Al-Quds) Market Analysis & Valuation
UpdatedSep 15, 2024
DataAggregated Company Financials
Companies42
- 7D0.07%
- 3M-7.9%
- 1Y-20.4%
- YTD-11.6%
In the last week, the market has been flat. As for last year, the market is down 20%. Looking forward, earnings are expected to remain mostly flat in the next few years.
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, 16 Sep 2024 | ₪3.4b | ₪2.7b | ₪68.6m | 20.9x | 48.9x | 1.2x |
| Wed, 14 Aug 2024 | ₪3.3b | ₪2.8b | ₪90.4m | 20.4x | 36.1x | 1.2x |
| Fri, 12 Jul 2024 | ₪3.5b | ₪2.8b | ₪92.2m | 20.1x | 37.5x | 1.2x |
| Sun, 09 Jun 2024 | ₪3.6b | ₪2.9b | ₪118.0m | 17.5x | 30.2x | 1.2x |
| Tue, 07 May 2024 | ₪3.6b | ₪3.0b | ₪142.1m | 17.5x | 25x | 1.2x |
| Thu, 04 Apr 2024 | ₪3.4b | ₪2.9b | ₪170.0m | 15.2x | 20.1x | 1.2x |
| Sat, 02 Mar 2024 | ₪3.5b | ₪3.1b | ₪267.9m | 12.7x | 13x | 1.1x |
| Mon, 29 Jan 2024 | ₪4.0b | ₪3.3b | ₪291.9m | 13.4x | 13.6x | 1.2x |
| Wed, 27 Dec 2023 | ₪4.1b | ₪3.2b | ₪283.2m | 13.3x | 14.4x | 1.3x |
| Fri, 24 Nov 2023 | ₪4.1b | ₪3.2b | ₪353.1m | 10.3x | 11.5x | 1.3x |
| Sun, 22 Oct 2023 | ₪4.1b | ₪3.2b | ₪354.1m | 10.9x | 11.5x | 1.3x |
| Tue, 19 Sep 2023 | ₪4.4b | ₪3.2b | ₪353.8m | 12.1x | 12.4x | 1.4x |
| Thu, 17 Aug 2023 | ₪4.4b | ₪3.2b | ₪350.6m | 11.7x | 12.7x | 1.4x |
| Sat, 15 Jul 2023 | ₪4.4b | ₪3.2b | ₪347.1m | 11.7x | 12.8x | 1.4x |
| Mon, 12 Jun 2023 | ₪4.5b | ₪3.2b | ₪347.8m | 12.1x | 12.9x | 1.4x |
| Wed, 10 May 2023 | ₪4.5b | ₪3.2b | ₪342.3m | 12.2x | 13.2x | 1.4x |
| Fri, 07 Apr 2023 | ₪4.5b | ₪2.0b | ₪316.9m | 12.3x | 14.3x | 2.2x |
| Sun, 05 Mar 2023 | ₪4.5b | ₪3.2b | ₪341.5m | 12.6x | 13.1x | 1.4x |
| Tue, 31 Jan 2023 | ₪4.4b | ₪3.2b | ₪342.4m | 11.8x | 12.8x | 1.4x |
| Thu, 29 Dec 2022 | ₪4.1b | ₪3.2b | ₪342.4m | 11.7x | 12.1x | 1.3x |
| Sat, 26 Nov 2022 | ₪4.1b | ₪3.1b | ₪339.8m | 11.4x | 12.2x | 1.3x |
| Mon, 24 Oct 2022 | ₪4.1b | ₪3.1b | ₪337.0m | 12.1x | 12.2x | 1.3x |
| Wed, 21 Sep 2022 | ₪4.2b | ₪3.1b | ₪334.4m | 12.5x | 12.5x | 1.3x |
| Fri, 19 Aug 2022 | ₪4.2b | ₪3.0b | ₪325.3m | 14.1x | 12.8x | 1.4x |
| Sun, 17 Jul 2022 | ₪4.2b | ₪3.0b | ₪327.0m | 13.7x | 12.8x | 1.4x |
| Tue, 14 Jun 2022 | ₪4.2b | ₪3.1b | ₪330.8m | 13x | 12.8x | 1.4x |
| Thu, 12 May 2022 | ₪3.9b | ₪2.9b | ₪313.3m | 12.9x | 12.6x | 1.4x |
| Sat, 09 Apr 2022 | ₪3.9b | ₪3.0b | ₪312.5m | 12.7x | 12.6x | 1.3x |
| Mon, 07 Mar 2022 | ₪4.0b | ₪3.0b | ₪315.4m | 12.5x | 12.7x | 1.3x |
| Wed, 02 Feb 2022 | ₪4.0b | ₪2.9b | ₪284.1m | 12.4x | 13.9x | 1.4x |
| Fri, 31 Dec 2021 | ₪3.9b | ₪2.9b | ₪284.2m | 12.2x | 13.9x | 1.4x |
| Sun, 28 Nov 2021 | ₪4.0b | ₪2.9b | ₪280.1m | 12.8x | 14.1x | 1.4x |
| Tue, 26 Oct 2021 | ₪3.8b | ₪2.8b | ₪254.5m | 13.5x | 14.8x | 1.3x |
| Thu, 23 Sep 2021 | ₪3.8b | ₪2.8b | ₪250.4m | 13.3x | 15.1x | 1.4x |
Price to Earnings Ratio
15.1x
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 48.9x which is higher than its 3-year average PE of 16.0x.
Past Earnings Growth
- The earnings for Palestinian Territory, Occupied listed companies have declined 35% per year over the last three years.
- Meanwhile revenues have been flat.
- This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.
Sector Trends
Which sectors have driven the changes within the Palestinian Market?
| PS Market | 0.067% | |
| Telecom | 0.93% | |
| Energy | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Real Estate | -0.021% | |
| Financials | -0.074% | |
| Materials | -0.17% | |
| Consumer Staples | -1.04% | |
| Healthcare | -1.24% | |
Sector PE
- Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 17.9x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Telecom sector.
- They expect its earnings to decline by only 0.001% per year over the next 5 years, which isn't as bad as the other sectors.
- In contrast, the Telecom industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|---|
| PADICO Palestine Development & Investment | US$1.03 | 1.0% +US$1.9m | -24.3% | PS2x | Financials | |
| SAFABANK Safa Bank | US$0.80 | 2.6% +US$1.0m | -2.4% | n/a | Financials |
