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Bahraini (BAX) Market Analysis & Valuation

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies36
  • 7D-0.1%
  • 3M-1.3%
  • 1Y10.5%
  • YTD9.0%

The market has stayed flat over the 7 days. More promisingly, the market is up 11% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.

Market Valuation and Performance

Has the Bahraini Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023ب.د18.4bب.د6.3bب.د1.2b11.3x15.6x2.9x
Thu, 28 Sep 2023ب.د18.4bب.د6.3bب.د1.2b11.6x15.7x2.9x
Sat, 26 Aug 2023ب.د18.4bب.د6.3bب.د1.2b11.6x15.7x2.9x
Mon, 24 Jul 2023ب.د18.2bب.د6.1bب.د1.3b12x13.6x3x
Wed, 21 Jun 2023ب.د18.2bب.د6.1bب.د1.3b12x13.6x3x
Fri, 19 May 2023ب.د18.3bب.د6.5bب.د1.4b11.2x13.1x2.8x
Sun, 16 Apr 2023ب.د17.8bب.د6.5bب.د1.5b10.7x12.2x2.7x
Tue, 14 Mar 2023ب.د18.3bب.د6.5bب.د1.5b10.8x12.5x2.8x
Thu, 09 Feb 2023ب.د18.3bب.د6.5bب.د1.5b10.9x11.9x2.8x
Sat, 07 Jan 2023ب.د18.1bب.د6.6bب.د1.7b11.1x10.7x2.7x
Mon, 05 Dec 2022ب.د17.9bب.د6.6bب.د1.7b10.9x10.6x2.7x
Wed, 02 Nov 2022ب.د17.9bب.د6.6bب.د1.9b11.2x9.7x2.7x
Fri, 30 Sep 2022ب.د18.0bب.د6.6bب.د1.8b11.5x9.7x2.7x
Sun, 28 Aug 2022ب.د18.0bب.د6.6bب.د1.8b11.7x9.9x2.8x
Tue, 26 Jul 2022ب.د18.1bب.د6.2bب.د1.7b11.7x10.9x2.9x
Thu, 23 Jun 2022ب.د16.7bب.د6.2bب.د1.7b13.1x10.1x2.7x
Sat, 21 May 2022ب.د17.6bب.د6.1bب.د1.6b13.6x10.7x2.9x
Mon, 18 Apr 2022ب.د19.7bب.د5.9bب.د1.5b13.8x13x3.4x
Wed, 16 Mar 2022ب.د18.1bب.د5.8bب.د1.5b13.9x12x3.1x
Fri, 11 Feb 2022ب.د17.2bب.د5.4bب.د1.1b14.7x16.2x3.2x
Sun, 09 Jan 2022ب.د16.4bب.د5.4bب.د1.1b14.6x15.5x3x
Tue, 07 Dec 2021ب.د16.6bب.د5.4bب.د1.1b14.3x15.6x3.1x
Thu, 04 Nov 2021ب.د16.7bب.د5.4bب.د1.0b14.6x16.3x3.1x
Sat, 02 Oct 2021ب.د16.1bب.د5.2bب.د850.7m14.8x19x3.1x
Mon, 30 Aug 2021ب.د16.2bب.د5.3bب.د835.2m14.1x19.4x3.1x
Tue, 06 Jul 2021ب.د15.2bب.د5.3bب.د835.2m13.2x18.2x2.9x
Fri, 09 Apr 2021ب.د13.7bب.د5.0bب.د690.1m12.8x19.8x2.7x
Thu, 31 Dec 2020ب.د14.2bب.د4.9bب.د497.1m13.2x28.5x2.9x
Price to Earnings Ratio

18x


Total Market Cap: ب.د13.9bTotal Earnings: ب.د769.4mTotal Revenue: ب.د5.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Bahraini Market Price to Earnings3Y Average 15.5x202120222023
Current Market PE
  • Investors are relatively neutral on the Bahraini market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 15.5x.
Past Earnings Growth
  • The earnings for Bahraini listed companies have grown 15% per year over the last three years.
  • Revenues for these companies have grown 7.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Bahraini Market?

BH Market-0.13%
Financials0.36%
Energy0%
Real Estate0%
Consumer Discretionary0%
Consumer Staples0%
Healthcare0%
Tech0%
Utilities0%
Industrials-0.072%
Telecom-0.65%
Materials-2.22%
Sector PE
  • Investors favour the Financials sector the most for future growth, which is trading close to its 3-year average PE ratio of 18.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 17.4%, which is higher than its past year's earnings growth of 10.7% per year.
  • The Consumer Staples sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.2x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 74% per year.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
ABC Arab Banking Corporation (B.S.C.)US$0.283.3%
+US$27.9m		n/aPB0.2xFinancials
ITHMR Ithmaar Holding B.S.CUS$0.058.7%
+US$11.6m		6.4%PB32xFinancials
BBK Bank of Bahrain and Kuwait B.S.Cب.د0.510.4%
+ب.د3.4m		11.6%PB1.5xFinancials
SALAM Al Salam Bank B.S.Cب.د0.180.6%
+ب.د2.3m		101.2%PB1.5xFinancials
NBB National Bank of Bahrain BSCب.د0.600.2%
+ب.د2.3m		8.4%PB2.4xFinancials
See more
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BBK

ب.د0.51

Bank of Bahrain and Kuwait B.S.C

7D

0.4%

1Y

11.6%

BNH

ب.د0.51

Bahrain National Holding Company B.S.C

7D

1.0%

1Y

n/a

BASREC

ب.د0.92

Bahrain Ship Repairing and Engineering Company BSC

7D

-0.5%

1Y

1.7%

ITHMR

US$0.05

Ithmaar Holding B.S.C

7D

8.7%

1Y

6.4%

ALBH

ب.د1.10

Aluminium Bahrain B.S.C

7D

-1.1%

1Y

9.5%

ZAINBH

ب.د0.13

Zain Bahrain B.S.C

7D

1.6%

1Y

-9.3%

SEEF

ب.د0.15

Seef Properties B.S.C

7D

-1.3%

1Y

-6.3%

BEYON

ب.د0.47

Bahrain Telecommunications Company BSC

7D

-3.7%

1Y

-1.1%

NBB

ب.د0.60

National Bank of Bahrain BSC

7D

0.2%

1Y

8.4%

SALAM

ب.د0.18

Al Salam Bank B.S.C

7D

0.6%

1Y

101.2%

ABC

US$0.28

Arab Banking Corporation (B.S.C.)

7D

3.3%

1Y

n/a