Mouwasat Medical Services Company's (TADAWUL:4002) Popularity With Investors Is Clear
Apr 23
Saudi Arabian (Tadawul) Healthcare Sector Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies21
- 7D-1.2%
- 3M3.5%
- 1Y17.1%
- YTD7.7%
Over the last 7 days, the Healthcare industry has dropped 1.0%, driven by pullbacks in National Medical Care and Future Care Trading of 6.4% and 10%, respectively. In the past year, the industry has gained 19%. Looking forward, earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ر.س214.2b | ر.س30.5b | ر.س4.3b | 35.8x | 49.7x | 7x |
| Sun, 24 Mar 2024 | ر.س217.5b | ر.س30.3b | ر.س4.2b | 35.3x | 51.7x | 7.2x |
| Tue, 20 Feb 2024 | ر.س222.4b | ر.س29.2b | ر.س3.9b | 38.2x | 56.5x | 7.6x |
| Thu, 18 Jan 2024 | ر.س196.9b | ر.س29.2b | ر.س3.9b | 35.4x | 50x | 6.7x |
| Sat, 16 Dec 2023 | ر.س189.2b | ر.س29.2b | ر.س3.9b | 32x | 48.1x | 6.5x |
| Mon, 13 Nov 2023 | ر.س181.3b | ر.س29.1b | ر.س4.0b | 32.2x | 45.5x | 6.2x |
| Wed, 11 Oct 2023 | ر.س164.3b | ر.س27.7b | ر.س3.6b | 33.7x | 45.7x | 5.9x |
| Fri, 08 Sep 2023 | ر.س171.9b | ر.س27.5b | ر.س3.6b | 34x | 48x | 6.2x |
| Sun, 06 Aug 2023 | ر.س196.5b | ر.س26.5b | ر.س3.4b | 40.1x | 58.2x | 7.4x |
| Tue, 04 Jul 2023 | ر.س202.5b | ر.س26.2b | ر.س3.3b | 38.5x | 61.1x | 7.7x |
| Thu, 01 Jun 2023 | ر.س169.9b | ر.س25.1b | ر.س3.2b | 36.7x | 53x | 6.8x |
| Sat, 29 Apr 2023 | ر.س171.2b | ر.س24.3b | ر.س3.0b | 37.9x | 57.3x | 7x |
| Mon, 27 Mar 2023 | ر.س153.3b | ر.س23.8b | ر.س3.2b | 33.1x | 48.3x | 6.4x |
| Wed, 22 Feb 2023 | ر.س137.6b | ر.س23.2b | ر.س2.9b | 36.6x | 46.7x | 5.9x |
| Fri, 20 Jan 2023 | ر.س135.8b | ر.س23.2b | ر.س2.9b | 36.5x | 46.1x | 5.8x |
| Sun, 18 Dec 2022 | ر.س136.2b | ر.س23.2b | ر.س2.9b | 34.4x | 46.2x | 5.9x |
| Tue, 15 Nov 2022 | ر.س130.3b | ر.س23.2b | ر.س2.9b | 28.2x | 44.3x | 5.6x |
| Thu, 13 Oct 2022 | ر.س145.5b | ر.س22.8b | ر.س3.0b | 33.1x | 49.3x | 6.4x |
| Sat, 10 Sep 2022 | ر.س125.0b | ر.س22.9b | ر.س3.0b | 28.7x | 42.1x | 5.5x |
| Mon, 08 Aug 2022 | ر.س135.9b | ر.س22.2b | ر.س2.9b | 42.7x | 46.9x | 6.1x |
| Wed, 06 Jul 2022 | ر.س118.3b | ر.س22.2b | ر.س2.9b | 38.9x | 40.8x | 5.3x |
| Fri, 03 Jun 2022 | ر.س130.4b | ر.س22.2b | ر.س2.9b | 40.1x | 45x | 5.9x |
| Sun, 01 May 2022 | ر.س130.1b | ر.س22.0b | ر.س2.8b | 41.9x | 46.2x | 5.9x |
| Tue, 29 Mar 2022 | ر.س121.4b | ر.س21.7b | ر.س2.8b | 41.3x | 43.3x | 5.6x |
| Thu, 24 Feb 2022 | ر.س109.3b | ر.س20.2b | ر.س2.6b | 44.8x | 42.6x | 5.4x |
| Sat, 22 Jan 2022 | ر.س107.5b | ر.س20.2b | ر.س2.6b | 46.7x | 41.9x | 5.3x |
| Mon, 20 Dec 2021 | ر.س101.3b | ر.س20.2b | ر.س2.6b | 45.4x | 39.5x | 5x |
| Wed, 17 Nov 2021 | ر.س104.7b | ر.س20.2b | ر.س2.6b | 42.5x | 40.2x | 5.2x |
| Fri, 15 Oct 2021 | ر.س102.8b | ر.س19.8b | ر.س2.6b | 42.5x | 40.1x | 5.2x |
| Sun, 12 Sep 2021 | ر.س110.9b | ر.س19.8b | ر.س2.6b | 45.5x | 43.3x | 5.6x |
| Tue, 10 Aug 2021 | ر.س119.0b | ر.س19.7b | ر.س2.5b | 43.9x | 46.7x | 6x |
| Mon, 03 May 2021 | ر.س96.7b | ر.س18.7b | ر.س2.4b | 41.6x | 41x | 5.2x |
Price to Earnings Ratio
41x
Current Industry PE
- Investors are optimistic on the Saudi Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 49.7x which is higher than its 3-year average PE of 46.6x.
- The 3-year average PS ratio of 6.0x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 18% 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 | -0.38% | |
| Healthcare | -1.19% | |
| Medical Equipment | 0% | |
| Healthtech | 0% | |
| Biotech | 0% | |
| Life Sciences | 0% | |
| Healthcare Services | -1.17% | |
| Pharma | -1.49% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 45.2x.
- Analysts are expecting annual earnings growth of 14.2%, which is lower than the prior year's growth of 23.9% per year.
- Investors are most pessimistic about the Pharma industry, which is trading close to its 3-year average of 52.5x.
Forecasted Growth
- Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 23% over the next 5 years.
- However this is lower than its past earnings growth rate of 41% 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 | |
|---|---|---|---|---|---|
| 4013 Dr. Sulaiman Al Habib Medical Services Group | ر.س315.00 | 0.06% +ر.س70.0m | 9.8% | PE53.9x | |
| 9546 Naba Al Saha Medical Services | ر.س90.20 | 2.0% +ر.س18.9m | 133.3% | PE24.1x | |
| 9574 Professional Medical Expertise | ر.س91.30 | 6.2% +ر.س18.6m | n/a | PE13.9x | |
| 9530 Arabian International Healthcare Holding | ر.س43.00 | 1.2% +ر.س9.9m | -3.4% | PE36x | |
| 2070 Saudi Pharmaceutical Industries and Medical Appliances | ر.س37.75 | 0.1% +ر.س6.0m | 47.5% | PS2.7x |
