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Saudi Arabian (Tadawul) Financials Sector Analysis
UpdatedJan 19, 2025
DataAggregated Company Financials
Companies50
- 7D1.9%
- 3M8.5%
- 1Y2.2%
- YTD1.9%
Over the last 7 days, the Financials industry has risen 1.9%, driven by gains from Saudi National Bank of 4.0%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 10% per annum.
Sector Valuation and Performance
Has the Saudi Arabian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 Jan 2025 | ر.س1.2t | ر.س197.0b | ر.س79.9b | 18.6x | 14.7x | 6x |
| Tue, 17 Dec 2024 | ر.س1.1t | ر.س197.2b | ر.س79.9b | 17.8x | 14.2x | 5.8x |
| Thu, 14 Nov 2024 | ر.س1.1t | ر.س196.2b | ر.س79.7b | 16.4x | 13.9x | 5.6x |
| Sat, 12 Oct 2024 | ر.س1.1t | ر.س190.8b | ر.س77.1b | 18.5x | 14.2x | 5.7x |
| Mon, 09 Sep 2024 | ر.س1.1t | ر.س190.8b | ر.س77.1b | 18.8x | 14.7x | 5.9x |
| Wed, 07 Aug 2024 | ر.س1.1t | ر.س187.3b | ر.س74.6b | 19x | 14.8x | 5.9x |
| Fri, 05 Jul 2024 | ر.س1.1t | ر.س185.9b | ر.س74.4b | 16.9x | 14.5x | 5.8x |
| Sun, 02 Jun 2024 | ر.س1.0t | ر.س185.0b | ر.س74.2b | 16.4x | 14x | 5.6x |
| Tue, 30 Apr 2024 | ر.س1.1t | ر.س180.8b | ر.س72.4b | 19.1x | 15.5x | 6.2x |
| Thu, 28 Mar 2024 | ر.س1.2t | ر.س179.2b | ر.س72.2b | 19.5x | 16.1x | 6.5x |
| Sat, 24 Feb 2024 | ر.س1.2t | ر.س178.5b | ر.س72.3b | 17.4x | 16.5x | 6.7x |
| Mon, 22 Jan 2024 | ر.س1.1t | ر.س176.0b | ر.س71.6b | 16.9x | 15.9x | 6.5x |
| Wed, 20 Dec 2023 | ر.س1.1t | ر.س176.0b | ر.س71.6b | 17.1x | 15.3x | 6.2x |
| Fri, 17 Nov 2023 | ر.س1.0t | ر.س176.1b | ر.س71.4b | 16.7x | 14.1x | 5.7x |
| Sun, 15 Oct 2023 | ر.س931.3b | ر.س170.4b | ر.س69.7b | 17.6x | 13.4x | 5.5x |
| Tue, 12 Sep 2023 | ر.س1.0t | ر.س170.9b | ر.س69.7b | 18.7x | 14.4x | 5.9x |
| Thu, 10 Aug 2023 | ر.س1.0t | ر.س167.3b | ر.س68.7b | 22.4x | 14.9x | 6.1x |
| Sat, 08 Jul 2023 | ر.س1.1t | ر.س163.5b | ر.س66.8b | 22.1x | 15.8x | 6.4x |
| Mon, 05 Jun 2023 | ر.س1.0t | ر.س160.6b | ر.س66.3b | 24.2x | 15.3x | 6.3x |
| Wed, 03 May 2023 | ر.س1.0t | ر.س156.8b | ر.س70.0b | 19.8x | 14.8x | 6.6x |
| Fri, 31 Mar 2023 | ر.س980.7b | ر.س155.0b | ر.س68.7b | 17.8x | 14.3x | 6.3x |
| Sun, 26 Feb 2023 | ر.س961.1b | ر.س152.3b | ر.س67.7b | 17.4x | 14.2x | 6.3x |
| Tue, 24 Jan 2023 | ر.س1.0t | ر.س149.9b | ر.س65.3b | 19.4x | 16x | 7x |
| Thu, 22 Dec 2022 | ر.س1.0t | ر.س149.9b | ر.س65.3b | 20x | 15.7x | 6.8x |
| Sat, 19 Nov 2022 | ر.س1.1t | ر.س149.8b | ر.س65.2b | 21.1x | 17.5x | 7.6x |
| Mon, 17 Oct 2022 | ر.س1.1t | ر.س143.3b | ر.س61.6b | 22x | 18.5x | 8x |
| Wed, 14 Sep 2022 | ر.س1.2t | ر.س143.3b | ر.س61.6b | 23.1x | 19.9x | 8.5x |
| Fri, 12 Aug 2022 | ر.س1.3t | ر.س137.5b | ر.س59.9b | 25.5x | 21.2x | 9.2x |
| Sun, 10 Jul 2022 | ر.س1.2t | ر.س136.3b | ر.س58.1b | 22.7x | 20.1x | 8.6x |
| Tue, 07 Jun 2022 | ر.س1.3t | ر.س136.3b | ر.س58.1b | 25.6x | 22.4x | 9.6x |
| Thu, 05 May 2022 | ر.س1.4t | ر.س131.4b | ر.س55.9b | 28.8x | 25.6x | 10.9x |
| Sat, 02 Apr 2022 | ر.س1.3t | ر.س130.5b | ر.س50.3b | 26.7x | 26x | 10x |
| Mon, 28 Feb 2022 | ر.س1.3t | ر.س127.6b | ر.س48.3b | 27.1x | 26.4x | 10x |
| Wed, 26 Jan 2022 | ر.س1.2t | ر.س124.0b | ر.س46.5b | 26.4x | 26.2x | 9.8x |
Price to Earnings Ratio
26.2x
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 14.7x which is lower than its 3-year average PE of 17.0x.
- The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 6.0x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 17% 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 | 1.19% | |
| Financials | 1.91% | |
| Consumer Finance | 5.76% | |
| Diversified Financial | 5.22% | |
| Capital Markets | 2.39% | |
| Banks | 2.00% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | -0.62% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 51.1x.
- Analysts are expecting annual earnings growth of 11.4%, which is lower than the prior year's growth of 27.5% per year.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 16.5x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 15% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Diversified Financial industry is expected to see its earnings grow by 3.9% 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 | |
|---|---|---|---|---|---|
| 1180 Saudi National Bank | ر.س35.35 | 6.3% +ر.س12.5b | -16.1% | PB1.1x | |
| 1010 Riyad Bank | ر.س29.50 | 5.5% +ر.س4.6b | 1.7% | PB1.4x | |
| 1060 Saudi Awwal Bank | ر.س35.45 | 6.5% +ر.س4.4b | -2.5% | PB1.1x | |
| 1050 Banque Saudi Fransi | ر.س16.34 | 4.9% +ر.س1.9b | -14.3% | PB0.9x | |
| 4280 Kingdom Holding | ر.س9.34 | 4.1% +ر.س1.4b | 32.9% | PE26.1x |
