Palestinian (Al-Quds) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies16
- 7D-0.4%
- 3M-6.0%
- 1Y-23.2%
- YTD-11.4%
In the last week, the Financials industry is flat overall, with Palestine Islamic Bank standing out by going down 4.6%. As for the longer term, the industry has declined 23% in the last year.
Sector Valuation and Performance
Has the Palestinian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₪1.5b | ₪897.6m | ₪24.9m | 21.7x | 59.1x | 1.6x |
| Sun, 23 Jun 2024 | ₪1.5b | ₪915.1m | ₪31.8m | 22.8x | 47.8x | 1.7x |
| Tue, 21 May 2024 | ₪1.5b | ₪935.4m | ₪42.9m | 19.6x | 35.9x | 1.6x |
| Thu, 18 Apr 2024 | ₪1.5b | ₪957.1m | ₪47.0m | 20.2x | 32.6x | 1.6x |
| Sat, 16 Mar 2024 | ₪1.5b | ₪1.0b | ₪105.3m | 13.2x | 14.6x | 1.5x |
| Mon, 12 Feb 2024 | ₪1.5b | ₪957.4m | ₪132.6m | 12.9x | 11.6x | 1.6x |
| Wed, 10 Jan 2024 | ₪1.7b | ₪1.1b | ₪138.1m | 13x | 12.2x | 1.5x |
| Fri, 08 Dec 2023 | ₪1.7b | ₪1.1b | ₪183.7m | 11.1x | 9.3x | 1.5x |
| Sun, 05 Nov 2023 | ₪1.8b | ₪1.1b | ₪192.4m | 11.1x | 9.5x | 1.6x |
| Tue, 03 Oct 2023 | ₪2.0b | ₪1.1b | ₪192.7m | 12.1x | 10.2x | 1.7x |
| Thu, 31 Aug 2023 | ₪1.9b | ₪1.2b | ₪191.0m | 12.1x | 10.1x | 1.7x |
| Sat, 29 Jul 2023 | ₪1.9b | ₪1.1b | ₪185.2m | 12.1x | 10.5x | 1.7x |
| Mon, 26 Jun 2023 | ₪1.9b | ₪1.1b | ₪185.2m | 11.9x | 10.5x | 1.7x |
| Wed, 24 May 2023 | ₪2.0b | ₪1.1b | ₪177.7m | 12.4x | 11x | 1.7x |
| Fri, 21 Apr 2023 | ₪1.9b | ₪1.1b | ₪178.3m | 12.4x | 10.9x | 1.7x |
| Sun, 19 Mar 2023 | ₪2.0b | ₪1.1b | ₪177.6m | 12.3x | 11.1x | 1.8x |
| Tue, 14 Feb 2023 | ₪2.0b | ₪1.1b | ₪160.0m | 13.4x | 12.2x | 1.8x |
| Thu, 12 Jan 2023 | ₪1.9b | ₪1.1b | ₪160.0m | 13.3x | 11.9x | 1.8x |
| Sat, 10 Dec 2022 | ₪1.9b | ₪1.1b | ₪160.0m | 13x | 11.8x | 1.8x |
| Mon, 07 Nov 2022 | ₪1.9b | ₪1.1b | ₪152.4m | 14.7x | 12.5x | 1.8x |
| Wed, 05 Oct 2022 | ₪2.0b | ₪1.1b | ₪152.4m | 14.9x | 12.8x | 1.9x |
| Fri, 02 Sep 2022 | ₪2.0b | ₪993.8m | ₪144.8m | 14.8x | 13.6x | 2x |
| Sun, 31 Jul 2022 | ₪2.0b | ₪966.9m | ₪147.6m | 16.2x | 13.5x | 2.1x |
| Tue, 28 Jun 2022 | ₪1.9b | ₪1.0b | ₪149.0m | 14.5x | 12.8x | 1.9x |
| Thu, 26 May 2022 | ₪1.7b | ₪901.9m | ₪145.9m | 13.5x | 12x | 1.9x |
| Sat, 23 Apr 2022 | ₪1.7b | ₪979.0m | ₪137.9m | 12.9x | 12.4x | 1.8x |
| Mon, 21 Mar 2022 | ₪1.8b | ₪980.1m | ₪139.8m | 13.9x | 12.7x | 1.8x |
| Wed, 16 Feb 2022 | ₪1.8b | ₪963.6m | ₪128.3m | 15.5x | 13.9x | 1.8x |
| Fri, 14 Jan 2022 | ₪1.8b | ₪963.6m | ₪128.3m | 15.5x | 13.9x | 1.9x |
| Sun, 12 Dec 2021 | ₪1.8b | ₪963.6m | ₪128.3m | 15.5x | 13.9x | 1.8x |
| Tue, 09 Nov 2021 | ₪1.8b | ₪950.2m | ₪123.9m | 16.6x | 14.2x | 1.9x |
| Thu, 07 Oct 2021 | ₪1.7b | ₪930.9m | ₪113.5m | 17.8x | 15.1x | 1.8x |
| Sat, 04 Sep 2021 | ₪1.8b | ₪926.0m | ₪110.3m | 16.9x | 15.9x | 1.9x |
| Mon, 02 Aug 2021 | ₪1.8b | ₪926.0m | ₪110.3m | 17.4x | 15.9x | 1.9x |
Price to Earnings Ratio
15.9x
Current Industry PE
- Investors are optimistic on the Palestinian Territory, Occupied Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 59.1x which is higher than its 3-year average PE of 15.7x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have declined 39% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Palestinian Financials sector?
| PS Market | -0.86% | |
| Financials | -0.43% | |
| Diversified Financial | 0.74% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Capital Markets | 0% | |
| Insurance | -0.32% | |
| Banks | -0.69% | |
Industry PE
- Investors are most optimistic about the Banks industry which is trading above its 3-year average PE ratio of 12.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| QUDS Quds Bank | US$1.15 | 1.8% +US$2.2m | -22.1% | PB0.8x | |
| PADICO Palestine Development & Investment | US$1.05 | 1.0% +US$1.9m | -21.1% | PS1.9x |