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Saudi Arabian (Tadawul) Energy Sector Analysis

UpdatedFeb 22, 2024
DataAggregated Company Financials
Companies7
  • 7D0.2%
  • 3M-4.1%
  • 1Y8.8%
  • YTD-3.2%

Last week, the Energy industry hasn't moved much but National Shipping Company of Saudi Arabia is up 8.3% in that time. The past year has been better, since the industry has gained 7.6% in that time. In the next few years earnings are forecast to be pretty stable.

Sector Valuation and Performance

Has the Saudi Arabian Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 Feb 2024ر.س7.8tر.س2.0tر.س473.2b35.8x16.5x4x
Sat, 20 Jan 2024ر.س7.8tر.س2.0tر.س473.2b38x16.5x4x
Mon, 18 Dec 2023ر.س8.0tر.س2.0tر.س473.2b33.7x17x4.1x
Wed, 15 Nov 2023ر.س8.3tر.س2.0tر.س473.2b30.7x17.5x4.2x
Fri, 13 Oct 2023ر.س8.1tر.س2.1tر.س505.6b29.7x16.1x3.9x
Sun, 10 Sep 2023ر.س8.3tر.س2.1tر.س505.1b23.2x16.5x4x
Tue, 08 Aug 2023ر.س7.9tر.س2.3tر.س572.6b25.1x13.9x3.5x
Thu, 06 Jul 2023ر.س7.9tر.س2.3tر.س572.2b23.8x13.8x3.4x
Sat, 03 Jun 2023ر.س7.7tر.س2.3tر.س571.8b22.3x13.5x3.4x
Mon, 01 May 2023ر.س8.0tر.س2.3tر.س598.0b23.7x13.3x3.4x
Wed, 29 Mar 2023ر.س7.1tر.س2.3tر.س600.2b20.1x11.9x3x
Fri, 24 Feb 2023ر.س7.0tر.س2.3tر.س591.5b19.4x11.9x3.1x
Sun, 22 Jan 2023ر.س7.1tر.س2.3tر.س591.0b23.1x12.1x3.1x
Tue, 20 Dec 2022ر.س6.9tر.س2.3tر.س591.0b21.1x11.6x3x
Thu, 17 Nov 2022ر.س7.5tر.س2.3tر.س590.7b25x12.6x3.2x
Sat, 15 Oct 2022ر.س7.8tر.س2.1tر.س544.8b26.5x14.4x3.7x
Mon, 12 Sep 2022ر.س8.2tر.س2.1tر.س544.8b26.2x15.1x3.9x
Wed, 10 Aug 2022ر.س8.8tر.س1.8tر.س461.3b25.8x19x4.9x
Fri, 08 Jul 2022ر.س8.4tر.س1.8tر.س461.2b25.1x18.2x4.7x
Sun, 05 Jun 2022ر.س8.9tر.س1.8tر.س461.2b28.9x19.3x5x
Tue, 03 May 2022ر.س9.0tر.س1.6tر.س397.7b29.6x22.7x5.8x
Thu, 31 Mar 2022ر.س8.4tر.س1.6tر.س397.6b34.1x21.2x5.4x
Sat, 26 Feb 2022ر.س8.0tر.س1.4tر.س332.3b51.2x24.2x5.9x
Mon, 24 Jan 2022ر.س7.3tر.س1.4tر.س332.3b53.6x22.1x5.4x
Wed, 22 Dec 2021ر.س7.1tر.س1.4tر.س332.3b32.1x21.3x5.2x
Fri, 19 Nov 2021ر.س7.4tر.س1.4tر.س332.3b35.4x22.4x5.5x
Sun, 17 Oct 2021ر.س7.5tر.س1.2tر.س267.0b31.1x28.1x6.4x
Tue, 14 Sep 2021ر.س7.0tر.س1.2tر.س267.0b31.3x26.3x6x
Thu, 12 Aug 2021ر.س7.1tر.س1.2tر.س267.0b31.5x26.5x6x
Mon, 07 Jun 2021ر.س7.1tر.س952.6bر.س200.0b35.8x35.5x7.5x
Sun, 28 Feb 2021ر.س6.9tر.س897.3bر.س182.9b35.2x37.8x7.7x
Price to Earnings Ratio

37.8x


Total Market Cap: ر.س6.9tTotal Earnings: ر.س182.9bTotal Revenue: ر.س897.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Energy Sector Price to Earnings3Y Average 20.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Saudi Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 16.4x which is lower than its 3-year average PE of 20.1x.
  • The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 30% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Saudi Arabian Energy sector?

SA Market0.57%
Energy0.19%
Energy Services1.98%
Oil and Gas0.18%
Industry PE
  • Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 17.7x.
    • Analysts are expecting annual earnings growth of 25.7%, which is lower than the prior year's growth of 29.2% per year.
  • Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 20.1x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Oil and Gas 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?

CompanyLast Price7D1YValuation
2222 Saudi Arabian Oilر.س32.000.2%
+ر.س12.1b
8.6%PE16.3x
4030 National Shipping Company of Saudi Arabiaر.س27.6510.8%
+ر.س2.0b
54.5%PE11.4x
2381 Arabian Drillingر.س175.603.2%
+ر.س480.6m
25.2%PE28x
4200 Aldrees Petroleum and Transport Servicesر.س178.802.4%
+ر.س315.0m
112.1%PE47.9x
2382 ADES Holdingر.س19.661.1%
+ر.س240.9m
n/aPE43.5x
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