Here's Why We Think Banque Saudi Fransi (TADAWUL:1050) Is Well Worth Watching
May 18
Saudi Arabian (Tadawul) Market Analysis & Valuation
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies277
- 7D-1.7%
- 3M9.8%
- 1Y-14.8%
- YTD7.0%
Over the last 7 days, the market has dropped 1.7%, driven by a decline of 1.6% in the Energy sector. In the last 12 months the market is down 15%. Earnings are forecast to be flat in the coming years.
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 |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | ر.س10.7t | ر.س3.3t | ر.س750.1b | 25.2x | 14.3x | 3.2x |
| Thu, 27 Apr 2023 | ر.س11.0t | ر.س3.2t | ر.س754.1b | 25.3x | 14.5x | 3.4x |
| Sat, 25 Mar 2023 | ر.س9.9t | ر.س3.2t | ر.س758.0b | 23.1x | 13.1x | 3x |
| Mon, 20 Feb 2023 | ر.س10.0t | ر.س3.2t | ر.س752.6b | 24.5x | 13.3x | 3.1x |
| Wed, 18 Jan 2023 | ر.س9.9t | ر.س3.2t | ر.س750.1b | 24.1x | 13.3x | 3.1x |
| Fri, 16 Dec 2022 | ر.س9.6t | ر.س3.2t | ر.س748.3b | 23.7x | 12.8x | 3x |
| Sun, 13 Nov 2022 | ر.س10.5t | ر.س3.2t | ر.س746.3b | 26x | 14x | 3.3x |
| Tue, 11 Oct 2022 | ر.س10.9t | ر.س2.9t | ر.س699.7b | 27.2x | 15.6x | 3.7x |
| Thu, 08 Sep 2022 | ر.س11.4t | ر.س2.9t | ر.س699.5b | 25.8x | 16.3x | 3.9x |
| Sat, 06 Aug 2022 | ر.س11.9t | ر.س2.6t | ر.س610.1b | 27.1x | 19.5x | 4.6x |
| Mon, 04 Jul 2022 | ر.س11.5t | ر.س2.6t | ر.س607.2b | 25.5x | 18.9x | 4.5x |
| Wed, 01 Jun 2022 | ر.س12.5t | ر.س2.6t | ر.س606.9b | 28.8x | 20.6x | 4.8x |
| Fri, 29 Apr 2022 | ر.س12.5t | ر.س2.3t | ر.س537.1b | 29x | 23.2x | 5.4x |
| Sun, 27 Mar 2022 | ر.س11.8t | ر.س2.4t | ر.س543.4b | 27.8x | 21.8x | 5x |
| Tue, 22 Feb 2022 | ر.س11.2t | ر.س2.1t | ر.س469.0b | 28x | 23.8x | 5.2x |
| Thu, 20 Jan 2022 | ر.س10.5t | ر.س2.1t | ر.س461.3b | 29.3x | 22.7x | 5x |
| Sat, 18 Dec 2021 | ر.س9.9t | ر.س2.1t | ر.س460.4b | 27.4x | 21.5x | 4.7x |
| Mon, 15 Nov 2021 | ر.س10.5t | ر.س2.1t | ر.س461.5b | 28x | 22.7x | 5x |
| Wed, 13 Oct 2021 | ر.س10.2t | ر.س1.9t | ر.س378.5b | 29.5x | 27x | 5.4x |
| Fri, 10 Sep 2021 | ر.س9.8t | ر.س1.9t | ر.س377.9b | 31.5x | 26x | 5.2x |
| Sun, 08 Aug 2021 | ر.س9.8t | ر.س1.9t | ر.س378.6b | 31.1x | 25.9x | 5.2x |
| Sat, 01 May 2021 | ر.س9.7t | ر.س1.6t | ر.س272.3b | 29.9x | 35.7x | 6.2x |
| Tue, 02 Feb 2021 | ر.س9.0t | ر.س1.5t | ر.س239.6b | 28x | 37.8x | 6x |
| Fri, 06 Nov 2020 | ر.س8.6t | ر.س1.6t | ر.س255.9b | 24.2x | 33.7x | 5.5x |
| Mon, 10 Aug 2020 | ر.س8.4t | ر.س1.6t | ر.س293.4b | 22.3x | 28.5x | 5.1x |
Price to Earnings Ratio
22x
Current Market PE
- Investors are pessimistic on the Saudi market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 14.3x which is lower than its 3-year average PE of 24.5x.
Past Earnings Growth
- The earnings for Saudi listed companies have grown 26% 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 | -1.65% | |
| Real Estate | 2.89% | |
| Industrials | 0.63% | |
| Materials | -0.78% | |
| Tech | -0.82% | |
| Consumer Discretionary | -1.08% | |
| Consumer Staples | -1.16% | |
| Energy | -1.56% | |
| Utilities | -2.23% | |
| Financials | -2.31% | |
| Healthcare | -2.52% | |
| Telecom | -6.09% | |
Sector PE
- Investors favour the Real Estate sector the most for future growth which is trading above its 3-year average PE ratio.
- The market's confidence is likely because analysts are expecting annual earnings growth of 21.2%, which is higher than its past year's earnings growth of 4.1% per year.
- The Healthcare sector is the least preferred by investors for future growth, which is trading below its 3-year average of 41.5x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 1.9% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 4.3% 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 | |
|---|---|---|---|---|---|---|
| 1060 Saudi British Bank | ر.س38.55 | 2.5% +ر.س2.0b | -7.6% | PB1.4x | Financials | |
| 4250 Jabal Omar Development | ر.س25.35 | 5.4% +ر.س1.5b | -7.8% | PS34.5x | Real Estate | |
| 1050 Banque Saudi Fransi | ر.س39.70 | 2.7% +ر.س1.3b | -26.2% | PB1.2x | Financials | |
| 3060 Yanbu Cement | ر.س40.90 | 12.8% +ر.س732.4m | 8.6% | PE28.3x | Materials | |
| 4220 Emaar The Economic City | ر.س9.61 | 5.3% +ر.س544.0m | -13.7% | PS30x | Real Estate |
Market Insights
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