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Saudi Arabian (Tadawul) Financials Sector Analysis

UpdatedDec 05, 2023
DataAggregated Company Financials
Companies48
  • 7D1.0%
  • 3M-1.6%
  • 1Y-3.0%
  • YTD-3.7%

The Financials industry is up 1.5% in the last week, with Al Rajhi Banking and Investment up 2.1%. In the past year, the industry is down 6.3%. Earnings are forecast to grow by 9.4% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023ر.س1.0tر.س176.0bر.س71.6b16x14.2x5.8x
Thu, 02 Nov 2023ر.س953.2bر.س184.3bر.س71.1b17x13.4x5.2x
Sat, 30 Sep 2023ر.س972.2bر.س170.6bر.س69.7b18.6x13.9x5.7x
Mon, 28 Aug 2023ر.س1.0tر.س170.0bر.س69.5b19x14.7x6x
Wed, 26 Jul 2023ر.س1.1tر.س164.0bر.س67.0b22.4x16.6x6.8x
Fri, 23 Jun 2023ر.س1.0tر.س161.6bر.س66.4b22.7x15.7x6.5x
Sun, 21 May 2023ر.س1.1tر.س162.8bر.س71.1b19.2x14.9x6.5x
Tue, 18 Apr 2023ر.س1.0tر.س156.8bر.س70.0b20x14.8x6.6x
Thu, 16 Mar 2023ر.س932.3bر.س154.9bر.س68.8b16.8x13.6x6x
Sat, 11 Feb 2023ر.س994.2bر.س151.1bر.س67.0b18.3x14.8x6.6x
Mon, 09 Jan 2023ر.س1.0tر.س149.9bر.س65.3b20.1x15.9x6.9x
Wed, 07 Dec 2022ر.س1.0tر.س149.9bر.س65.3b19.6x15.9x6.9x
Fri, 04 Nov 2022ر.س1.2tر.س147.2bر.س65.1b21.6x18.1x8x
Sun, 02 Oct 2022ر.س1.1tر.س143.3bر.س61.6b21.9x18.6x8x
Tue, 30 Aug 2022ر.س1.3tر.س142.8bر.س61.7b23.7x20.6x8.9x
Thu, 28 Jul 2022ر.س1.2tر.س136.3bر.س58.1b25.2x21.5x9.2x
Sat, 25 Jun 2022ر.س1.1tر.س136.3bر.س58.1b22.4x19.6x8.4x
Mon, 23 May 2022ر.س1.2tر.س135.9bر.س58.1b24.9x21.5x9.2x
Wed, 20 Apr 2022ر.س1.4tر.س130.1bر.س49.8b31.4x28.7x11x
Fri, 18 Mar 2022ر.س1.3tر.س130.6bر.س50.6b26.3x25.1x9.7x
Sun, 13 Feb 2022ر.س1.2tر.س125.6bر.س47.6b28.5x26.2x9.9x
Tue, 11 Jan 2022ر.س1.2tر.س124.0bر.س46.5b24.5x24.9x9.3x
Thu, 09 Dec 2021ر.س1.1tر.س122.7bر.س45.9b24.2x23.2x8.7x
Sat, 06 Nov 2021ر.س1.1tر.س121.8bر.س45.7b27.3x24.2x9.1x
Mon, 04 Oct 2021ر.س1.0tر.س117.4bر.س43.2b27x23.7x8.7x
Wed, 01 Sep 2021ر.س1.0tر.س117.4bر.س43.2b28.9x23.5x8.7x
Thu, 08 Jul 2021ر.س956.9bر.س117.4bر.س43.2b26.3x22.1x8.2x
Wed, 31 Mar 2021ر.س851.3bر.س119.5bر.س36.4b23.1x23.4x7.1x
Sat, 02 Jan 2021ر.س714.8bر.س118.1bر.س34.2b22.9x20.9x6.1x
Price to Earnings Ratio

20.9x


Total Market Cap: ر.س714.8bTotal Earnings: ر.س34.2bTotal Revenue: ر.س118.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Financials Sector Price to Earnings3Y Average 20.2x20222023
Current Industry PE
  • Investors are pessimistic on the Saudi Financials 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 14.2x which is lower than its 3-year average PE of 20.2x.
  • The 3-year average PS ratio of 7.7x is higher than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Financials sector?

SA Market0.20%
Financials1.02%
Insurance1.59%
Capital Markets1.09%
Banks1.03%
Consumer Finance0.84%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial-0.69%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 46.2x.
    • Analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings decline of 25.6% per year.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 19.4x.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Insurance industry is expected to see its earnings grow by 5.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
8210 Bupa Arabia for Cooperative Insuranceر.س208.602.7%
+ر.س803.6m
54.1%PE29.9x
8230 Al Rajhi Company for Cooperative Insuranceر.س72.0012.5%
+ر.س800.0m
120.3%PE29.1x
8010 Company for Cooperative Insuranceر.س125.403.8%
+ر.س690.0m
109.6%PE22.2x
8060 Walaa Cooperative Insuranceر.س18.208.9%
+ر.س125.9m
37.0%PE11.7x
1020 Bank AlJaziraر.س16.900.6%
+ر.س82.0m
-17.5%PB0.8x
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Latest News

8210

ر.س208.60

Bupa Arabia for Cooperative Insurance

7D

2.7%

1Y

54.1%

8311

ر.س14.98

Saudi Enaya Cooperative Insurance

7D

15.4%

1Y

60.9%

8010

ر.س125.40

Company for Cooperative Insurance

7D

3.8%

1Y

109.6%

8230

ر.س72.00

Al Rajhi Company for Cooperative Insurance

7D

12.5%

1Y

120.3%

1080

ر.س23.88

Arab National Bank

7D

-0.7%

1Y

-25.0%

8060

ر.س18.20

Walaa Cooperative Insurance

7D

8.9%

1Y

37.0%

8310

ر.س13.04

Amana Cooperative Insurance

7D

9.2%

1Y

50.2%

1120

ر.س75.20

Al Rajhi Banking and Investment

7D

-0.7%

1Y

-3.3%

1020

ر.س16.90

Bank AlJazira

7D

0.6%

1Y

-17.5%

1060

ر.س33.75

Saudi Awwal Bank

7D

-2.3%

1Y

-7.2%

1010

ر.س26.85

Riyad Bank

7D

-0.2%

1Y

-15.8%

1050

ر.س36.10

Banque Saudi Fransi

7D

-2.2%

1Y

-6.8%

1180

ر.س34.15

Saudi National Bank

7D

-0.3%

1Y

-4.7%

8280

ر.س17.92

Liva Insurance

7D

10.1%

1Y

53.7%