Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings
Aug 13
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Saudi Arabian (Tadawul) Energy Services Industry Analysis
UpdatedAug 30, 2024
DataAggregated Company Financials
Companies2
- 7D-2.1%
- 3M3.5%
- 1Y-36.6%
- YTD-25.8%
In the last week, Energy Services has been flat. As for the longer term, the industry has declined 35% in the last year. As for the next few years, earnings are expected to grow by 19% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 30 Aug 2024 | ر.س32.6b | ر.س9.2b | ر.س1.1b | 28x | 28.7x | 3.5x |
| Sun, 28 Jul 2024 | ر.س34.5b | ر.س8.6b | ر.س1.2b | 30.2x | 29.7x | 4x |
| Tue, 25 Jun 2024 | ر.س35.8b | ر.س8.6b | ر.س1.2b | 31.4x | 30.8x | 4.2x |
| Thu, 23 May 2024 | ر.س31.1b | ر.س8.6b | ر.س1.2b | 27.4x | 26.8x | 3.6x |
| Sat, 20 Apr 2024 | ر.س36.0b | ر.س7.8b | ر.س1.0b | 36.4x | 34.4x | 4.6x |
| Mon, 18 Mar 2024 | ر.س40.4b | ر.س7.6b | ر.س1.0b | 42.7x | 40.3x | 5.3x |
| Wed, 14 Feb 2024 | ر.س36.2b | ر.س7.1b | ر.س1.1b | 34.9x | 34.4x | 5.1x |
| Fri, 12 Jan 2024 | ر.س45.4b | ر.س7.1b | ر.س1.1b | 43.6x | 43.1x | 6.4x |
| Sun, 10 Dec 2023 | ر.س41.0b | ر.س7.1b | ر.س1.1b | 39.5x | 38.9x | 5.8x |
| Tue, 07 Nov 2023 | ر.س36.9b | ر.س6.4b | ر.س1.1b | 36.8x | 34.6x | 5.8x |
| Thu, 05 Oct 2023 | ر.س17.0b | ر.س3.0b | ر.س631.8m | 26.1x | 26.8x | 5.6x |
| Sat, 02 Sep 2023 | ر.س16.5b | ر.س3.0b | ر.س631.8m | 26.1x | 26.1x | 5.5x |
| Mon, 31 Jul 2023 | ر.س14.8b | ر.س2.9b | ر.س605.6m | 24.2x | 24.5x | 5.1x |
| Wed, 28 Jun 2023 | ر.س13.7b | ر.س2.9b | ر.س605.6m | 22.6x | 22.6x | 4.8x |
| Fri, 26 May 2023 | ر.س13.9b | ر.س2.9b | ر.س605.6m | 23x | 22.9x | 4.8x |
| Sun, 23 Apr 2023 | ر.س13.2b | ر.س2.7b | ر.س557.7m | 23.6x | 23.6x | 4.9x |
| Tue, 21 Mar 2023 | ر.س12.1b | ر.س2.5b | ر.س539.3m | 22.6x | 22.4x | 4.7x |
| Thu, 16 Feb 2023 | ر.س13.0b | ر.س2.5b | ر.س539.3m | 24.1x | 24.1x | 5.1x |
| Sat, 14 Jan 2023 | ر.س11.0b | ر.س2.5b | ر.س539.3m | 20.4x | 20.4x | 4.3x |
| Mon, 12 Dec 2022 | ر.س9.4b | ر.س2.5b | ر.س539.3m | 17.5x | 17.5x | 3.7x |
| Wed, 09 Nov 2022 | ر.س10.9b | ر.س2.2b | ر.س273.6m | 40x | 40x | 5x |
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 | 0.51% | |
| Energy | 1.07% | |
| Energy Services | -2.08% | |
| Oil and Gas Services | 0% | |
| Oil and Gas Drilling | -2.08% | |
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 29.0x.
- Analysts are expecting annual earnings growth of 18.5%, 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 29.0x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 19% 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 19% 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 | |||||