Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98
Apr 07
Saudi Arabian (Tadawul) Banks Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies10
- 7D-2.8%
- 3M-2.2%
- 1Y7.4%
- YTD0.9%
Over the last 7 days, the Banks industry has dropped 2.8%, driven by Saudi National Bank declining 4.0%. Over the past 12 months, the industry was up 7.4%. Earnings are forecast to grow by 9.4% annually.
Industry Valuation and Performance
Has the Saudi Arabian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | ر.س997.4b | ر.س121.5b | ر.س67.3b | 12.1x | 14.8x | 8.2x |
| Fri, 15 Mar 2024 | ر.س1.0t | ر.س121.5b | ر.س67.3b | 12.1x | 15x | 8.3x |
| Sun, 11 Feb 2024 | ر.س1.0t | ر.س119.6b | ر.س67.5b | 12.5x | 15.1x | 8.5x |
| Tue, 09 Jan 2024 | ر.س1.0t | ر.س119.3b | ر.س66.6b | 12.9x | 15.4x | 8.6x |
| Thu, 07 Dec 2023 | ر.س871.7b | ر.س119.3b | ر.س66.6b | 10.8x | 13.1x | 7.3x |
| Sat, 04 Nov 2023 | ر.س863.0b | ر.س131.1b | ر.س67.4b | 11.1x | 12.8x | 6.6x |
| Mon, 02 Oct 2023 | ر.س839.3b | ر.س116.6b | ر.س65.3b | 11.5x | 12.8x | 7.2x |
| Wed, 30 Aug 2023 | ر.س893.2b | ر.س116.6b | ر.س65.3b | 12.1x | 13.7x | 7.7x |
| Fri, 28 Jul 2023 | ر.س973.1b | ر.س113.6b | ر.س64.0b | 14.7x | 15.2x | 8.6x |
| Sun, 25 Jun 2023 | ر.س916.5b | ر.س113.2b | ر.س63.6b | 13.9x | 14.4x | 8.1x |
| Tue, 23 May 2023 | ر.س931.1b | ر.س115.7b | ر.س62.5b | 15.6x | 14.9x | 8x |
| Thu, 20 Apr 2023 | ر.س924.2b | ر.س109.7b | ر.س61.4b | 14.7x | 15.1x | 8.4x |
| Sat, 18 Mar 2023 | ر.س816.6b | ر.س109.3b | ر.س60.5b | 13x | 13.5x | 7.5x |
| Mon, 13 Feb 2023 | ر.س884.2b | ر.س106.7b | ر.س59.0b | 14.4x | 15x | 8.3x |
| Wed, 11 Jan 2023 | ر.س927.5b | ر.س105.5b | ر.س57.2b | 16x | 16.2x | 8.8x |
| Fri, 09 Dec 2022 | ر.س909.8b | ر.س105.5b | ر.س57.2b | 16.2x | 15.9x | 8.6x |
| Sun, 06 Nov 2022 | ر.س1.1t | ر.س105.0b | ر.س57.0b | 18x | 18.5x | 10x |
| Tue, 04 Oct 2022 | ر.س1.1t | ر.س101.5b | ر.س54.2b | 19.1x | 19.5x | 10.4x |
| Thu, 01 Sep 2022 | ر.س1.1t | ر.س101.5b | ر.س54.2b | 19.8x | 20.9x | 11.2x |
| Sat, 30 Jul 2022 | ر.س1.1t | ر.س96.6b | ر.س50.5b | 22.3x | 22.6x | 11.8x |
| Mon, 27 Jun 2022 | ر.س1.0t | ر.س96.6b | ر.س50.5b | 21.1x | 20.4x | 10.7x |
| Wed, 25 May 2022 | ر.س1.1t | ر.س96.6b | ر.س50.5b | 22.6x | 22.3x | 11.6x |
| Fri, 22 Apr 2022 | ر.س1.3t | ر.س92.1b | ر.س47.8b | 26.4x | 27.1x | 14x |
| Sun, 20 Mar 2022 | ر.س1.2t | ر.س92.5b | ر.س48.1b | 22.2x | 24x | 12.4x |
| Tue, 15 Feb 2022 | ر.س1.1t | ر.س90.9b | ر.س46.3b | 23.2x | 23.7x | 12.1x |
| Thu, 13 Jan 2022 | ر.س1.1t | ر.س86.9b | ر.س44.4b | 22.6x | 24.2x | 12.4x |
| Sat, 11 Dec 2021 | ر.س944.4b | ر.س86.9b | ر.س44.4b | 19.2x | 21.3x | 10.9x |
| Mon, 08 Nov 2021 | ر.س1.0t | ر.س86.9b | ر.س44.5b | n/a | 22.5x | 11.5x |
| Wed, 06 Oct 2021 | ر.س941.5b | ر.س82.5b | ر.س42.0b | 20.4x | 22.4x | 11.4x |
| Fri, 03 Sep 2021 | ر.س910.2b | ر.س82.5b | ر.س42.0b | 19.8x | 21.7x | 11x |
| Sun, 01 Aug 2021 | ر.س841.7b | ر.س82.5b | ر.س42.0b | 17.9x | 20x | 10.2x |
| Wed, 05 May 2021 | ر.س898.1b | ر.س85.7b | ر.س36.1b | 18.7x | 24.9x | 10.5x |
Price to Earnings Ratio
24.9x
Current Industry PE
- Investors are pessimistic on the Saudi Banks 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 14.8x which is lower than its 3-year average PE of 18.8x.
- The 3-year average PS ratio of 9.8x is higher than the industry's current PS ratio of 8.2x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 12% 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 industry?
| SA Market | 0.086% | |
| Financials | -2.39% | |
| Banks | -2.75% | |
| Regional Banks | 0% | |
| Diversified Banks | -2.75% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 18.8x.
- Analysts are expecting annual earnings growth of 9.4%, which is lower than the prior year's growth of 15.3% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 18.8x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 9.4% over the next 5 years.
- However this is lower than its past earnings growth rate of 15% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 9.4% 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 | |
|---|---|---|---|---|---|
| 1020 Bank AlJazira | ر.س21.10 | 0.6% +ر.س98.4m | 8.0% | PB1.1x |