Narrative Update • Jun 16
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Saudi Arabian (Tadawul) Healthcare Sector Analysis
UpdatedJul 11, 2026
DataAggregated Company Financials
Companies30
- 7D-0.4%
- 3M-11.6%
- 1Y-19.3%
- YTD-11.8%
The Healthcare is pretty flat in the last 7 days, but National Medical Care has stood out, gaining 8.1%. Unfortunately though, the industry is down 19% over the past 12 months. Earnings are forecast to grow by 13% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 11 Jul 2026 | ر.س156.5b | ر.س47.9b | ر.س6.4b | 20.8x | 24.6x | 3.3x |
| Mon, 08 Jun 2026 | ر.س158.9b | ر.س47.9b | ر.س6.3b | 21.8x | 25.1x | 3.3x |
| Wed, 06 May 2026 | ر.س160.4b | ر.س47.4b | ر.س6.7b | 20.7x | 24.1x | 3.4x |
| Fri, 03 Apr 2026 | ر.س177.7b | ر.س47.0b | ر.س6.6b | 21.1x | 27.1x | 3.8x |
| Sun, 01 Mar 2026 | ر.س161.0b | ر.س46.5b | ر.س6.4b | 21.1x | 25.3x | 3.5x |
| Tue, 27 Jan 2026 | ر.س182.3b | ر.س45.8b | ر.س6.4b | 22.5x | 28.4x | 4x |
| Thu, 25 Dec 2025 | ر.س178.7b | ر.س45.8b | ر.س6.4b | 23.2x | 27.8x | 3.9x |
| Sat, 22 Nov 2025 | ر.س181.4b | ر.س45.8b | ر.س6.4b | 25.1x | 28.2x | 4x |
| Mon, 20 Oct 2025 | ر.س201.1b | ر.س44.4b | ر.س6.3b | 27x | 32x | 4.5x |
| Wed, 17 Sep 2025 | ر.س177.4b | ر.س44.3b | ر.س6.3b | 25.1x | 28.2x | 4x |
| Fri, 15 Aug 2025 | ر.س187.6b | ر.س44.0b | ر.س6.3b | 26.8x | 30x | 4.3x |
| Sun, 13 Jul 2025 | ر.س195.3b | ر.س42.0b | ر.س6.1b | 28.7x | 31.9x | 4.6x |
| Tue, 10 Jun 2025 | ر.س185.4b | ر.س40.5b | ر.س6.0b | 27.4x | 30.7x | 4.6x |
| Thu, 08 May 2025 | ر.س195.9b | ر.س40.2b | ر.س5.8b | 28.9x | 33.7x | 4.9x |
| Sat, 05 Apr 2025 | ر.س198.4b | ر.س39.4b | ر.س5.7b | 28x | 34.6x | 5x |
| Mon, 03 Mar 2025 | ر.س209.4b | ر.س39.1b | ر.س5.5b | 33x | 38.4x | 5.4x |
| Wed, 29 Jan 2025 | ر.س220.8b | ر.س38.2b | ر.س5.3b | 32.7x | 41.5x | 5.8x |
| Fri, 27 Dec 2024 | ر.س204.6b | ر.س37.0b | ر.س5.3b | 29.6x | 38.9x | 5.5x |
| Sun, 24 Nov 2024 | ر.س199.1b | ر.س37.0b | ر.س5.3b | 30.7x | 37.9x | 5.4x |
| Tue, 22 Oct 2024 | ر.س213.4b | ر.س35.6b | ر.س5.0b | 33.1x | 42.5x | 6x |
| Thu, 19 Sep 2024 | ر.س217.6b | ر.س35.5b | ر.س5.0b | 32.8x | 43.4x | 6.1x |
| Sat, 17 Aug 2024 | ر.س220.4b | ر.س35.4b | ر.س5.0b | 32.8x | 43.9x | 6.2x |
| Mon, 15 Jul 2024 | ر.س215.1b | ر.س34.3b | ر.س4.7b | 36x | 45.4x | 6.3x |
| Wed, 12 Jun 2024 | ر.س226.1b | ر.س34.0b | ر.س4.7b | 34.2x | 48x | 6.6x |
| Fri, 10 May 2024 | ر.س216.8b | ر.س30.8b | ر.س4.3b | 37.8x | 50.1x | 7x |
| Sun, 07 Apr 2024 | ر.س217.6b | ر.س30.5b | ر.س4.3b | 35.8x | 50.6x | 7.1x |
| Tue, 05 Mar 2024 | ر.س223.1b | ر.س29.8b | ر.س4.1b | 37.4x | 54.5x | 7.5x |
| Thu, 01 Feb 2024 | ر.س198.4b | ر.س29.2b | ر.س3.9b | 35.5x | 50.4x | 6.8x |
| Sat, 30 Dec 2023 | ر.س192.9b | ر.س29.2b | ر.س3.9b | 33.6x | 49x | 6.6x |
| Mon, 27 Nov 2023 | ر.س183.5b | ر.س29.2b | ر.س3.9b | 32.7x | 46.7x | 6.3x |
| Wed, 25 Oct 2023 | ر.س159.0b | ر.س27.7b | ر.س3.6b | 31.1x | 44.2x | 5.7x |
| Fri, 22 Sep 2023 | ر.س164.1b | ر.س27.5b | ر.س3.6b | 32.1x | 45.8x | 6x |
| Sun, 20 Aug 2023 | ر.س177.8b | ر.س26.8b | ر.س3.5b | 36.2x | 50.2x | 6.6x |
| Tue, 18 Jul 2023 | ر.س199.5b | ر.س26.3b | ر.س3.4b | 42x | 59.5x | 7.6x |
Price to Earnings Ratio
59.5x
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 24.7x which is lower than its 3-year average PE of 38.8x.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 22% 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 | 1.40% | |
| Healthcare | -0.37% | |
| Medical Equipment | 0% | 0 |
| Healthcare Services | -0.34% | |
| Pharma | -0.61% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 38.6x.
- Analysts are expecting annual earnings growth of 13.0%, which is higher than its past year's earnings growth of 1.1% per year.
- Investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 46.1x.
Forecasted Growth
- Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 16% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| 4005 National Medical Care | ر.س113.60 | 8.1% +ر.س379.9m | -32.1% | PE17.8x | |
| 2230 Saudi Chemical Holding | ر.س8.29 | 2.2% +ر.س151.8m | 12.5% | PE20.5x | |
| 2070 Saudi Pharmaceutical Industries and Medical Appliances | ر.س30.04 | 3.7% +ر.س126.5m | 17.9% | PE20.1x | |
| 4016 Middle East Pharmaceutical Industries | ر.س63.00 | 3.2% +ر.س68.3m | -10.2% | PE21.1x | |
| 4018 Almoosa Health | ر.س119.60 | 0.7% +ر.س35.4m | -27.4% | PE27.5x |
