Middle East Healthcare (TADAWUL:4009) Might Have The Makings Of A Multi-Bagger
Feb 21
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Saudi Arabian (Tadawul) Healthcare Sector Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies29
- 7D-2.1%
- 3M4.5%
- 1Y-15.6%
- YTD2.6%
Over the last 7 days, the Healthcare industry has dropped 2.1%, driven by a pullback from Dr. Sulaiman Al Habib Medical Services Group of 2.7%. The industry has fallen 16% in the last year. As for the next few years, earnings are expected to grow by 14% per annum.
Sector Valuation and Performance
Has the Saudi Arabian Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | ر.س217.0b | ر.س39.0b | ر.س5.4b | 33.2x | 40x | 5.6x |
| Sun, 19 Jan 2025 | ر.س216.9b | ر.س38.2b | ر.س5.3b | 32.1x | 40.8x | 5.7x |
| Tue, 17 Dec 2024 | ر.س214.7b | ر.س37.0b | ر.س5.3b | 30.7x | 40.8x | 5.8x |
| Thu, 14 Nov 2024 | ر.س201.8b | ر.س36.7b | ر.س5.2b | 29.9x | 39.2x | 5.5x |
| Sat, 12 Oct 2024 | ر.س210.2b | ر.س35.6b | ر.س5.0b | 32.6x | 41.8x | 5.9x |
| Mon, 09 Sep 2024 | ر.س223.2b | ر.س35.5b | ر.س5.0b | 33.8x | 44.5x | 6.3x |
| Wed, 07 Aug 2024 | ر.س209.8b | ر.س34.7b | ر.س4.9b | 32.7x | 43.2x | 6x |
| Fri, 05 Jul 2024 | ر.س217.2b | ر.س34.1b | ر.س4.7b | 35.8x | 45.8x | 6.4x |
| Sun, 02 Jun 2024 | ر.س190.5b | ر.س31.7b | ر.س4.4b | 32.2x | 43x | 6x |
| Tue, 30 Apr 2024 | ر.س211.1b | ر.س30.6b | ر.س4.3b | 36x | 49.5x | 6.9x |
| Thu, 28 Mar 2024 | ر.س217.9b | ر.س30.3b | ر.س4.2b | 35.2x | 51.8x | 7.2x |
| Sat, 24 Feb 2024 | ر.س224.4b | ر.س29.5b | ر.س4.0b | 37.7x | 55.6x | 7.6x |
| Mon, 22 Jan 2024 | ر.س195.9b | ر.س29.2b | ر.س3.9b | 34.6x | 49.8x | 6.7x |
| Wed, 20 Dec 2023 | ر.س187.4b | ر.س29.2b | ر.س3.9b | 31.9x | 47.6x | 6.4x |
| Fri, 17 Nov 2023 | ر.س182.3b | ر.س29.1b | ر.س4.0b | 33.5x | 45.8x | 6.3x |
| Sun, 15 Oct 2023 | ر.س159.9b | ر.س27.7b | ر.س3.6b | 33.2x | 44.5x | 5.8x |
| Tue, 12 Sep 2023 | ر.س169.5b | ر.س27.5b | ر.س3.6b | 33.9x | 47.3x | 6.2x |
| Thu, 10 Aug 2023 | ر.س182.5b | ر.س26.1b | ر.س3.4b | 38.2x | 54.2x | 7x |
| Sat, 08 Jul 2023 | ر.س196.1b | ر.س26.3b | ر.س3.4b | 38.8x | 58.5x | 7.5x |
| Mon, 05 Jun 2023 | ر.س168.5b | ر.س25.2b | ر.س3.1b | 37.3x | 53.6x | 6.7x |
| Wed, 03 May 2023 | ر.س173.7b | ر.س24.3b | ر.س3.0b | 37.2x | 58.1x | 7.1x |
| Fri, 31 Mar 2023 | ر.س165.4b | ر.س23.8b | ر.س3.2b | 34.8x | 52.1x | 6.9x |
| Sun, 26 Feb 2023 | ر.س138.0b | ر.س23.2b | ر.س2.9b | 36.5x | 46.9x | 5.9x |
| Tue, 24 Jan 2023 | ر.س135.6b | ر.س23.2b | ر.س2.9b | 36.7x | 46.1x | 5.8x |
| Thu, 22 Dec 2022 | ر.س129.1b | ر.س23.2b | ر.س2.9b | 32.8x | 43.8x | 5.6x |
| Sat, 19 Nov 2022 | ر.س133.4b | ر.س23.2b | ر.س2.9b | 29.1x | 45.3x | 5.7x |
| Mon, 17 Oct 2022 | ر.س143.8b | ر.س22.8b | ر.س3.0b | 32.9x | 48.7x | 6.3x |
| Wed, 14 Sep 2022 | ر.س126.9b | ر.س22.9b | ر.س3.0b | 29.4x | 42.8x | 5.6x |
| Fri, 12 Aug 2022 | ر.س135.7b | ر.س22.5b | ر.س3.0b | 42.1x | 45.1x | 6x |
| Sun, 10 Jul 2022 | ر.س121.2b | ر.س22.2b | ر.س2.9b | 39.6x | 41.8x | 5.5x |
| Tue, 07 Jun 2022 | ر.س127.5b | ر.س22.2b | ر.س2.9b | 40.7x | 44x | 5.7x |
| Thu, 05 May 2022 | ر.س130.1b | ر.س22.0b | ر.س2.8b | 41.9x | 46.2x | 5.9x |
| Sat, 02 Apr 2022 | ر.س121.7b | ر.س21.7b | ر.س2.8b | 39.4x | 43.4x | 5.6x |
| Mon, 28 Feb 2022 | ر.س109.2b | ر.س20.4b | ر.س2.6b | 43.6x | 41.5x | 5.3x |
Price to Earnings Ratio
41.5x
Current Industry PE
- Investors are pessimistic on the Saudi Healthcare 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 40.0x which is lower than its 3-year average PE of 46.9x.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 5.6x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 24% 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 Healthcare sector?
| SA Market | -0.23% | |
| Healthcare | -2.06% | |
| Pharma | 1.34% | |
| Medical Equipment | 0% | 0 |
| Healthtech | 0% | 0 |
| Biotech | 0% | 0 |
| Life Sciences | 0% | 0 |
| Healthcare Services | -2.36% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 45.7x.
- Analysts expect its future annual earnings growth (14.0%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 47.4x.
Forecasted Growth
- Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 16% over the next 5 years.
- However this is lower than its past earnings growth rate of 60% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| 4015 Jamjoom Pharmaceuticals Factory | ر.س164.40 | 2.4% +ر.س266.0m | 10.9% | PE32.9x | |
| 2140 Ayyan Investment | ر.س17.76 | 6.3% +ر.س106.7m | -26.6% | PS5.4x | |
| 4005 National Medical Care | ر.س171.60 | 0.4% +ر.س26.8m | -17.5% | PE27.9x | |
| 9546 Naba Al Saha Medical Services | ر.س79.90 | 2.4% +ر.س20.0m | 14.1% | PE22.3x | |
| 9518 Canadian General Medical Center Complex | ر.س6.85 | 2.2% +ر.س11.6m | -2.8% | PE47.6x |
