Slowing Rates Of Return At ADES Holding (TADAWUL:2382) Leave Little Room For Excitement
Oct 10
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Saudi Arabian (Tadawul) Energy Services Industry Analysis
UpdatedNov 07, 2024
DataAggregated Company Financials
Companies2
- 7D0.07%
- 3M-3.2%
- 1Y-15.1%
- YTD-28.6%
In the last week, Energy Services has been flat. Unfortunately though, the industry is down 11% over the past 12 months. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Saudi Arabian Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 07 Nov 2024 | ر.س31.6b | ر.س9.2b | ر.س1.1b | 26.9x | 27.8x | 3.4x |
| Sat, 05 Oct 2024 | ر.س31.9b | ر.س9.2b | ر.س1.1b | 27.1x | 28.1x | 3.5x |
| Mon, 02 Sep 2024 | ر.س32.9b | ر.س9.2b | ر.س1.1b | 28.1x | 29x | 3.6x |
| Wed, 31 Jul 2024 | ر.س34.2b | ر.س8.6b | ر.س1.2b | 29.7x | 29.4x | 4x |
| Fri, 28 Jun 2024 | ر.س33.9b | ر.س8.6b | ر.س1.2b | 29.8x | 29.2x | 4x |
| Sun, 26 May 2024 | ر.س31.2b | ر.س8.6b | ر.س1.2b | 27.2x | 26.9x | 3.6x |
| Tue, 23 Apr 2024 | ر.س36.0b | ر.س7.8b | ر.س1.0b | 37.1x | 34.4x | 4.6x |
| Thu, 21 Mar 2024 | ر.س39.8b | ر.س7.8b | ر.س1.0b | 40.1x | 38x | 5.1x |
| Sat, 17 Feb 2024 | ر.س37.7b | ر.س7.1b | ر.س1.1b | 36.3x | 35.8x | 5.3x |
| Mon, 15 Jan 2024 | ر.س45.2b | ر.س7.1b | ر.س1.1b | 43.6x | 42.9x | 6.4x |
| Wed, 13 Dec 2023 | ر.س41.4b | ر.س7.1b | ر.س1.1b | 39.8x | 39.3x | 5.8x |
| Fri, 10 Nov 2023 | ر.س37.7b | ر.س6.6b | ر.س992.1m | 39.2x | 38x | 5.7x |
| Sun, 08 Oct 2023 | ر.س16.2b | ر.س3.0b | ر.س631.8m | 25.7x | 25.7x | 5.4x |
| Tue, 05 Sep 2023 | ر.س15.9b | ر.س3.0b | ر.س631.8m | 25.4x | 25.2x | 5.3x |
| Thu, 03 Aug 2023 | ر.س15.9b | ر.س2.9b | ر.س605.6m | 26.2x | 26.3x | 5.5x |
| Sat, 01 Jul 2023 | ر.س13.7b | ر.س2.9b | ر.س605.6m | 22.6x | 22.6x | 4.8x |
| Mon, 29 May 2023 | ر.س14.0b | ر.س2.9b | ر.س605.6m | 22.6x | 23.2x | 4.9x |
| Wed, 26 Apr 2023 | ر.س13.5b | ر.س2.7b | ر.س557.7m | 24.2x | 24.2x | 5x |
| Fri, 24 Mar 2023 | ر.س13.0b | ر.س2.5b | ر.س539.3m | 24.1x | 24.1x | 5.1x |
| Sun, 19 Feb 2023 | ر.س13.3b | ر.س2.5b | ر.س539.3m | 24.6x | 24.6x | 5.2x |
| Tue, 17 Jan 2023 | ر.س11.3b | ر.س2.5b | ر.س539.3m | 21x | 21x | 4.4x |
| Thu, 15 Dec 2022 | ر.س10.6b | ر.س2.5b | ر.س539.3m | 19.6x | 19.6x | 4.1x |
| Sat, 12 Nov 2022 | ر.س11.2b | ر.س2.2b | ر.س273.6m | 41.1x | 41.1x | 5.1x |
Price to Earnings Ratio
n/a
Current Industry PE
- There are only 2 companies in the Saudi Energy Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings GrowthThere is insufficient data in this particular industry to determine past growth rates.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Energy industry?
| SA Market | 1.36% | |
| Energy | 1.82% | |
| Energy Services | 0.069% | |
| Oil and Gas Drilling | 0.069% | |
| Oil and Gas Services | 0% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Drilling industry, which is trading close to its 3-year average PE ratio of 28.9x.
- Analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings growth of 13.4% per year.
- Investors are most pessimistic about the Oil and Gas Drilling industry, which is trading close to its 3-year average of 28.9x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Oil and Gas Drilling industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| 2382 ADES Holding | ر.س19.80 | 0.1% +ر.س21.9m | 2.8% | PE33.5x |