Narrative Update • May 16
Have your own idea? Try our Stock Screener
- 7D0.9%
- 3M7.3%
- 1Y33.1%
- YTD4.7%
In the last week, the Energy Services industry is up 1.4%, with ADES Holding up 2.0%. This means that the industry has gained 29% over the past year. Looking forward, earnings are forecast to grow by 25% 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 |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | ر.س29.5b | ر.س11.0b | ر.س716.9m | 25.3x | 41.1x | 2.7x |
| Fri, 24 Apr 2026 | ر.س28.1b | ر.س10.1b | ر.س742.8m | 25.1x | 37.8x | 2.8x |
| Sun, 22 Mar 2026 | ر.س25.7b | ر.س9.7b | ر.س729.1m | 22.9x | 35.3x | 2.6x |
| Tue, 17 Feb 2026 | ر.س27.9b | ر.س9.7b | ر.س947.8m | 41.2x | 29.5x | 2.9x |
| Thu, 15 Jan 2026 | ر.س28.0b | ر.س9.7b | ر.س947.8m | 43.9x | 29.6x | 2.9x |
| Sat, 13 Dec 2025 | ر.س27.8b | ر.س9.7b | ر.س947.8m | 41.5x | 29.4x | 2.9x |
| Mon, 10 Nov 2025 | ر.س26.7b | ر.س9.7b | ر.س947.8m | 39.8x | 28.1x | 2.7x |
| Wed, 08 Oct 2025 | ر.س24.5b | ر.س9.7b | ر.س1.0b | 25.7x | 23.9x | 2.5x |
| Fri, 05 Sep 2025 | ر.س22.9b | ر.س9.7b | ر.س1.0b | 24.2x | 22.3x | 2.4x |
| Sun, 03 Aug 2025 | ر.س20.6b | ر.س9.6b | ر.س1.0b | 22.7x | 19.8x | 2.1x |
| Tue, 01 Jul 2025 | ر.س22.2b | ر.س9.7b | ر.س1.0b | 23.6x | 21.1x | 2.3x |
| Thu, 29 May 2025 | ر.س22.3b | ر.س9.7b | ر.س1.0b | 23.7x | 21.3x | 2.3x |
| Sat, 26 Apr 2025 | ر.س24.7b | ر.س9.8b | ر.س1.1b | 22.6x | 22x | 2.5x |
| Mon, 24 Mar 2025 | ر.س26.6b | ر.س9.8b | ر.س1.1b | 24x | 23.7x | 2.7x |
| Wed, 19 Feb 2025 | ر.س28.3b | ر.س9.7b | ر.س1.2b | 23.1x | 23.6x | 2.9x |
| Fri, 17 Jan 2025 | ر.س30.1b | ر.س9.7b | ر.س1.2b | 24.5x | 25.1x | 3.1x |
| Sun, 15 Dec 2024 | ر.س29.9b | ر.س9.7b | ر.س1.2b | 24.8x | 25x | 3.1x |
| Tue, 12 Nov 2024 | ر.س31.9b | ر.س9.7b | ر.س1.2b | 26.1x | 26.7x | 3.3x |
| Thu, 10 Oct 2024 | ر.س30.9b | ر.س9.2b | ر.س1.1b | 26.2x | 27.2x | 3.3x |
| Sat, 07 Sep 2024 | ر.س32.6b | ر.س9.2b | ر.س1.1b | 27.9x | 28.7x | 3.5x |
| Mon, 05 Aug 2024 | ر.س33.6b | ر.س8.6b | ر.س1.2b | 27.9x | 28.9x | 3.9x |
| Wed, 03 Jul 2024 | ر.س34.8b | ر.س8.6b | ر.س1.2b | 30.6x | 29.9x | 4.1x |
| Fri, 31 May 2024 | ر.س31.8b | ر.س8.6b | ر.س1.2b | 27.8x | 27.4x | 3.7x |
| Sun, 28 Apr 2024 | ر.س34.9b | ر.س7.8b | ر.س1.0b | 35.3x | 33.3x | 4.5x |
| Tue, 26 Mar 2024 | ر.س38.8b | ر.س7.8b | ر.س1.0b | 38.7x | 37.1x | 5x |
| Thu, 22 Feb 2024 | ر.س37.2b | ر.س7.1b | ر.س1.1b | 35.8x | 35.3x | 5.2x |
| Sat, 20 Jan 2024 | ر.س45.4b | ر.س7.1b | ر.س1.1b | 43.7x | 43.1x | 6.4x |
| Mon, 18 Dec 2023 | ر.س41.5b | ر.س7.1b | ر.س1.1b | 39.9x | 39.4x | 5.8x |
| Wed, 15 Nov 2023 | ر.س39.3b | ر.س6.6b | ر.س992.0m | 41.1x | 39.7x | 5.9x |
| Fri, 13 Oct 2023 | ر.س35.5b | ر.س6.4b | ر.س1.1b | 35.4x | 33.3x | 5.5x |
| Sun, 10 Sep 2023 | ر.س14.7b | ر.س3.0b | ر.س631.8m | 23.2x | 23.2x | 4.9x |
| Tue, 08 Aug 2023 | ر.س16.0b | ر.س3.0b | ر.س631.8m | 25.1x | 25.4x | 5.3x |
| Thu, 06 Jul 2023 | ر.س14.4b | ر.س2.9b | ر.س605.6m | 23.8x | 23.8x | 5x |
| Sat, 03 Jun 2023 | ر.س13.5b | ر.س2.9b | ر.س605.6m | 22.3x | 22.3x | 4.7x |
Price to Earnings Ratio
22.3x
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 Growth
- The earnings for companies in the Energy Services industry have grown 5.8% per year over the last three years.
- Revenues for these companies have grown 56% 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 industry?
| SA Market | 0.046% | |
| Energy | -0.21% | |
| Energy Services | 0.92% | |
| Oil and Gas Drilling | 0.92% | |
| Oil and Gas Services | 0% | 0 |
Industry PE
- Investors are most optimistic about the Oil and Gas Drilling industry which is trading above its 3-year average PE ratio of 28.6x.
- Analysts are expecting annual earnings growth of 24.8%, which is higher than its past year's earnings growth of 7.6% per year.
- Investors are most pessimistic about the Oil and Gas Drilling industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 28.6x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 7.6% per year.
- In contrast, the Oil and Gas Drilling industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| No data available | |||||