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Saudi Arabian (Tadawul) Financials Sector Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies45
  • 7D-1.1%
  • 3M-12.0%
  • 1Y3.8%
  • YTD-0.3%

Over the last 7 days, the Financials industry has dropped 1.1%, driven by a pullback from Saudi National Bank of 2.8%. Meanwhile, Banque Saudi Fransi actually outperformed within the industry, gaining 5.9% in the last week. This takes the industry's 12 month performance to a gain of 3.8%. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022ر.س1.1tر.س149.9bر.س65.3b20.5x17.2x7.5x
Tue, 25 Oct 2022ر.س1.2tر.س143.3bر.س61.6b23.1x19.8x8.5x
Thu, 22 Sep 2022ر.س1.2tر.س143.3bر.س61.6b22.3x18.9x8.1x
Sat, 20 Aug 2022ر.س1.3tر.س142.6bر.س61.8b24.1x20.8x9x
Mon, 18 Jul 2022ر.س1.2tر.س136.3bر.س58.1b22.8x20.1x8.6x
Wed, 15 Jun 2022ر.س1.2tر.س136.3bر.س58.1b24.1x21.1x9x
Fri, 13 May 2022ر.س1.4tر.س131.4bر.س55.9b28.3x25.1x10.7x
Sun, 10 Apr 2022ر.س1.3tر.س130.1bر.س49.8b28.4x26.9x10.3x
Tue, 08 Mar 2022ر.س1.2tر.س130.7bر.س50.0b25.6x24.9x9.5x
Thu, 03 Feb 2022ر.س1.2tر.س124.0bر.س46.5b27x26.7x10x
Sat, 01 Jan 2022ر.س1.1tر.س124.0bر.س46.5b23.8x23.8x8.9x
Mon, 29 Nov 2021ر.س1.0tر.س122.7bر.س45.9b22.9x22.7x8.5x
Wed, 27 Oct 2021ر.س1.1tر.س117.4bر.س43.2b27.5x25.4x9.4x
Fri, 24 Sep 2021ر.س1.0tر.س117.4bر.س43.2b27x23.2x8.6x
Sun, 22 Aug 2021ر.س994.5bر.س117.4bر.س43.2b27.9x23x8.5x
Fri, 09 Jul 2021ر.س956.9bر.س117.4bر.س43.2b26.3x22.1x8.2x
Thu, 01 Apr 2021ر.س851.3bر.س119.5bر.س36.4b23.1x23.4x7.1x
Sun, 03 Jan 2021ر.س714.8bر.س118.1bر.س34.2b22.9x20.9x6.1x
Wed, 07 Oct 2020ر.س667.5bر.س119.1bر.س35.3b20.5x18.9x5.6x
Tue, 30 Jun 2020ر.س596.3bر.س118.8bر.س36.1b16.5x16.5x5x
Fri, 03 Apr 2020ر.س545.0bر.س120.1bر.س44.7b17.1x12.2x4.5x
Mon, 06 Jan 2020ر.س756.0bر.س119.9bر.س45.8b20.2x16.5x6.3x
Price to Earnings Ratio

20.6x


Total Market Cap: ر.س703.9bTotal Earnings: ر.س34.2bTotal Revenue: ر.س118.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Financials Sector Price to Earnings3Y Average 20.8x202020212022
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 17.2x which is lower than its 3-year average PE of 20.8x.
  • The industry is trading close to its 3-year average PS ratio of 7.4x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 8.2% 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 Market-1.36%
Financials-1.08%
Mortgage REITs0%
Mortgage Finance-0.26%
Insurance-0.74%
Banks-1.03%
Diversified Financial-1.76%
Capital Markets-2.98%
Consumer Finance-4.30%
Industry PE
  • Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 40.6x.
    • Analysts are expecting annual earnings growth of 12.3%, which is higher than its past year's earnings decline of 24.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 29% per year.
  • In contrast, the Diversified Financial industry is expected to see its earnings decline by 61% 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
1050 Banque Saudi Fransiر.س42.005.0%
+ر.س2.4b
0.1%PB1.3x
8160 Arabia Insurance Cooperativeر.س10.64-13.8%
ر.س236.9m
-70.1%PS1.4x
8010 Company for Cooperative Insuranceر.س80.602.0%
+ر.س200.0m
5.1%PE31.3x
8210 Bupa Arabia for Cooperative Insuranceر.س181.200.6%
+ر.س119.5m
37.3%PE31.3x
8250 Gulf Insurance Groupر.س26.252.1%
+ر.س27.5m
-17.8%PE13x
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Latest News

8250

ر.س26.25

Gulf Insurance Group

7D

2.1%

1Y

-17.8%

8210

ر.س181.20

Bupa Arabia for Cooperative Insurance

7D

0.6%

1Y

37.3%

8160

ر.س10.64

Arabia Insurance Cooperative

7D

-13.8%

1Y

-70.1%

8010

ر.س80.60

Company for Cooperative Insurance

7D

2.0%

1Y

5.1%

1140

ر.س49.90

Bank Albilad

7D

-4.0%

1Y

54.2%

1180

ر.س52.60

Saudi National Bank

7D

-1.9%

1Y

-13.8%

1120

ر.س81.80

Al Rajhi Banking and Investment

7D

-2.0%

1Y

-2.2%

1010

ر.س34.95

Riyad Bank

7D

-1.4%

1Y

30.9%

1020

ر.س21.52

Bank AlJazira

7D

-5.0%

1Y

18.8%

1030

ر.س18.24

Saudi Investment Bank

7D

0.1%

1Y

41.6%

1080

ر.س32.60

Arab National Bank

7D

-1.2%

1Y

48.9%

1050

ر.س42.00

Banque Saudi Fransi

7D

5.0%

1Y

0.1%

1150

ر.س32.85

Alinma Bank

7D

-7.6%

1Y

43.5%

1060

ر.س39.70

Saudi British Bank

7D

-3.6%

1Y

35.0%