Returns On Capital Are Showing Encouraging Signs At Arabian Drilling (TADAWUL:2381)
Jan 18
Have your own idea? Try our Stock Screener
Saudi Arabian (Tadawul) Oil and Gas Drilling Industry Analysis
UpdatedJan 18, 2025
DataAggregated Company Financials
Companies2
- 7D4.3%
- 3M-3.5%
- 1Y-33.8%
- YTDn/a
All of the companies in the Oil and Gas Drilling industry have been up over the last week, with the industry up 4.3%. In contrast, the industry has lost 34% in the last 12 months. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Saudi Arabian Oil and Gas Drilling Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 Jan 2025 | ر.س30.1b | ر.س9.7b | ر.س1.2b | 24.5x | 25.1x | 3.1x |
| Mon, 16 Dec 2024 | ر.س29.7b | ر.س9.7b | ر.س1.2b | 24.6x | 24.9x | 3.1x |
| Wed, 13 Nov 2024 | ر.س31.8b | ر.س9.7b | ر.س1.2b | 25.9x | 26.6x | 3.3x |
| Fri, 11 Oct 2024 | ر.س31.1b | ر.س9.2b | ر.س1.1b | 26.5x | 27.4x | 3.4x |
| Sun, 08 Sep 2024 | ر.س32.6b | ر.س9.2b | ر.س1.1b | 27.9x | 28.7x | 3.5x |
| Tue, 06 Aug 2024 | ر.س31.5b | ر.س8.6b | ر.س1.2b | 27.4x | 27.1x | 3.7x |
| Thu, 04 Jul 2024 | ر.س34.0b | ر.س8.6b | ر.س1.2b | 29.8x | 29.3x | 4x |
| Sat, 01 Jun 2024 | ر.س31.8b | ر.س8.6b | ر.س1.2b | 27.8x | 27.4x | 3.7x |
| Mon, 29 Apr 2024 | ر.س34.9b | ر.س7.8b | ر.س1.0b | 34.7x | 33.3x | 4.5x |
| Wed, 27 Mar 2024 | ر.س37.4b | ر.س7.8b | ر.س1.0b | 37.9x | 35.8x | 4.8x |
| Fri, 23 Feb 2024 | ر.س37.2b | ر.س7.1b | ر.س1.1b | 35.8x | 35.3x | 5.2x |
| Sun, 21 Jan 2024 | ر.س45.4b | ر.س7.1b | ر.س1.1b | 43.7x | 43.1x | 6.4x |
| Tue, 19 Dec 2023 | ر.س41.3b | ر.س7.1b | ر.س1.1b | 39.8x | 39.3x | 5.8x |
| Thu, 16 Nov 2023 | ر.س39.3b | ر.س6.6b | ر.س992.0m | 41.3x | 39.7x | 5.9x |
| Sat, 14 Oct 2023 | ر.س35.7b | ر.س6.4b | ر.س1.1b | 35.4x | 33.5x | 5.6x |
| Mon, 11 Sep 2023 | ر.س14.7b | ر.س3.0b | ر.س631.8m | 22.8x | 23.2x | 4.9x |
| Wed, 09 Aug 2023 | ر.س15.5b | ر.س3.0b | ر.س631.8m | 24.8x | 24.6x | 5.1x |
| Fri, 07 Jul 2023 | ر.س14.6b | ر.س2.9b | ر.س605.6m | 24.3x | 24.2x | 5.1x |
| Sun, 04 Jun 2023 | ر.س13.5b | ر.س2.9b | ر.س605.6m | 22.3x | 22.3x | 4.7x |
| Tue, 02 May 2023 | ر.س13.4b | ر.س2.7b | ر.س557.7m | 23.9x | 23.9x | 4.9x |
| Thu, 30 Mar 2023 | ر.س13.7b | ر.س2.5b | ر.س539.3m | 25.2x | 25.5x | 5.4x |
| Sat, 25 Feb 2023 | ر.س12.6b | ر.س2.5b | ر.س539.3m | 23.3x | 23.3x | 4.9x |
| Mon, 23 Jan 2023 | ر.س11.7b | ر.س2.5b | ر.س539.3m | 21.7x | 21.7x | 4.6x |
| Wed, 21 Dec 2022 | ر.س10.3b | ر.س2.5b | ر.س539.3m | 19x | 19x | 4x |
| Fri, 18 Nov 2022 | ر.س10.3b | ر.س2.2b | ر.س273.6m | 37.7x | 37.7x | 4.7x |
Price to Earnings Ratio
32.5x
Current Industry PE
- There are only 2 companies in the Saudi Oil and Gas Drilling industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Drilling industry have grown 64% per year over the last three years.
- Revenues for these companies have grown 64% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Saudi Arabian Oil and Gas Drilling compare with similar industries?
| SA Market | 1.19% | |
| Energy | 1.10% | |
| Energy Services | 4.26% | |
| Oil and Gas Drilling | 4.26% | |
| Oil and Gas Services | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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.س18.58 | 4.9% +ر.س945.1m | -24.7% | PE26.8x | |
| 2381 Arabian Drilling | ر.س108.60 | 3.0% +ر.س284.8m | -47.3% | PE22.3x |