Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98
Apr 26
Saudi Arabian (Tadawul) Market Analysis & Valuation
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies315
- 7D-0.4%
- 3M-2.4%
- 1Y-2.8%
- YTD-5.0%
Over the last 7 days, the market has remained flat, although notably the Materials sector declined by 4.2%. In line with that, the market has also been flat over the past year. Looking forward, earnings are forecast to grow by 6.0% annually.
Trending IndustriesOil and Gas
Market Valuation and Performance
Has the Saudi Arabian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ر.س10.8t | ر.س2.8t | ر.س578.0b | 27.4x | 18.6x | 3.8x |
| Mon, 25 Mar 2024 | ر.س11.1t | ر.س2.8t | ر.س577.3b | 28.4x | 19.3x | 4x |
| Wed, 21 Feb 2024 | ر.س11.2t | ر.س2.9t | ر.س605.7b | 26.4x | 18.4x | 3.9x |
| Fri, 19 Jan 2024 | ر.س11.0t | ر.س2.9t | ر.س604.6b | 25.1x | 18.2x | 3.9x |
| Sun, 17 Dec 2023 | ر.س11.1t | ر.س2.8t | ر.س604.4b | 23.8x | 18.3x | 3.9x |
| Tue, 14 Nov 2023 | ر.س11.1t | ر.س2.9t | ر.س604.9b | 23x | 18.3x | 3.9x |
| Thu, 12 Oct 2023 | ر.س10.9t | ر.س3.0t | ر.س636.9b | 23.2x | 17.2x | 3.7x |
| Sat, 09 Sep 2023 | ر.س11.3t | ر.س3.0t | ر.س636.5b | 25.2x | 17.7x | 3.8x |
| Mon, 07 Aug 2023 | ر.س10.9t | ر.س3.2t | ر.س715.9b | 25.5x | 15.2x | 3.4x |
| Wed, 05 Jul 2023 | ر.س11.0t | ر.س3.2t | ر.س714.9b | 26.2x | 15.4x | 3.4x |
| Fri, 02 Jun 2023 | ر.س10.6t | ر.س3.2t | ر.س713.3b | 25.5x | 14.9x | 3.4x |
| Sun, 30 Apr 2023 | ر.س11.0t | ر.س3.3t | ر.س754.1b | 25x | 14.5x | 3.4x |
| Tue, 28 Mar 2023 | ر.س9.9t | ر.س3.2t | ر.س758.0b | 23.8x | 13.1x | 3.1x |
| Thu, 23 Feb 2023 | ر.س9.9t | ر.س3.2t | ر.س753.0b | 23.9x | 13.1x | 3.1x |
| Sat, 21 Jan 2023 | ر.س10.0t | ر.س3.2t | ر.س750.2b | 24x | 13.3x | 3.1x |
| Mon, 19 Dec 2022 | ر.س9.5t | ر.س3.2t | ر.س748.3b | 23.8x | 12.7x | 3x |
| Wed, 16 Nov 2022 | ر.س10.2t | ر.س3.2t | ر.س746.9b | 25.7x | 13.7x | 3.2x |
| Fri, 14 Oct 2022 | ر.س10.8t | ر.س2.9t | ر.س699.8b | 27x | 15.5x | 3.7x |
| Sun, 11 Sep 2022 | ر.س11.1t | ر.س2.9t | ر.س700.3b | 26.1x | 15.9x | 3.8x |
| Tue, 09 Aug 2022 | ر.س11.8t | ر.س2.6t | ر.س610.6b | 27.2x | 19.3x | 4.5x |
| Thu, 07 Jul 2022 | ر.س11.2t | ر.س2.6t | ر.س607.5b | 25x | 18.5x | 4.3x |
| Sat, 04 Jun 2022 | ر.س12.0t | ر.س2.6t | ر.س606.8b | 28.4x | 19.8x | 4.7x |
| Mon, 02 May 2022 | ر.س12.5t | ر.س2.3t | ر.س538.6b | 29.1x | 23.2x | 5.4x |
| Wed, 30 Mar 2022 | ر.س11.7t | ر.س2.4t | ر.س543.4b | 28.6x | 21.6x | 5x |
| Fri, 25 Feb 2022 | ر.س11.1t | ر.س2.1t | ر.س469.2b | 27.6x | 23.7x | 5.2x |
| Sun, 23 Jan 2022 | ر.س10.5t | ر.س2.1t | ر.س461.3b | 30.4x | 22.8x | 5x |
| Tue, 21 Dec 2021 | ر.س9.8t | ر.س2.1t | ر.س460.6b | 26.6x | 21.3x | 4.7x |
| Thu, 18 Nov 2021 | ر.س10.4t | ر.س2.1t | ر.س461.5b | 28.2x | 22.5x | 4.9x |
| Sat, 16 Oct 2021 | ر.س10.4t | ر.س1.9t | ر.س378.5b | 30.9x | 27.4x | 5.5x |
| Mon, 13 Sep 2021 | ر.س9.8t | ر.س1.9t | ر.س377.9b | 31.5x | 26x | 5.2x |
| Wed, 11 Aug 2021 | ر.س9.8t | ر.س1.9t | ر.س378.6b | 31.1x | 26x | 5.3x |
| Sun, 06 Jun 2021 | ر.س9.6t | ر.س1.6t | ر.س268.1b | 32.1x | 36x | 6.2x |
Price to Earnings Ratio
35.7x
Current Market PE
- Investors are relatively neutral on the Saudi 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 19.8x.
Past Earnings Growth
- The earnings for Saudi listed companies have grown 29% per year over the last three years.
- Revenues for these companies have grown 21% 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 Saudi Arabian Market?
| SA Market | -0.37% | |
| Energy | 0.64% | |
| Healthcare | -1.18% | |
| Tech | -1.37% | |
| Financials | -1.60% | |
| Consumer Discretionary | -1.89% | |
| Consumer Staples | -1.98% | |
| Telecom | -2.29% | |
| Real Estate | -2.34% | |
| Industrials | -2.40% | |
| Utilities | -3.41% | |
| Materials | -4.18% | |
Sector PE
- Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 27.2x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 32.0%, which is higher than its past year's earnings growth of 16.3% per year.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 19.5x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Real Estate sector is expected to see its earnings decline by 11% 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 | |
|---|---|---|---|---|---|---|
| 2222 Saudi Arabian Oil | ر.س30.10 | 0.7% +ر.س48.4b | -8.0% | PE16.1x | Energy | |
| 8230 Al Rajhi Company for Cooperative Insurance | ر.س136.00 | 30.3% +ر.س3.2b | 228.2% | PE41.5x | Financials | |
| 8210 Bupa Arabia for Cooperative Insurance | ر.س241.60 | 4.6% +ر.س1.6b | 37.0% | PE38.4x | Financials | |
| 1060 Saudi Awwal Bank | ر.س40.05 | 0.9% +ر.س719.2m | 10.8% | PB1.4x | Financials | |
| 8010 Company for Cooperative Insurance | ر.س152.00 | 3.1% +ر.س690.0m | 77.1% | PE37x | Financials |
