Getting In Cheap On National Medical Care Company (TADAWUL:4005) Is Unlikely
Jul 26
Saudi Arabian (Tadawul) Healthcare Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies24
- 7D-1.1%
- 3M-5.1%
- 1Y-1.7%
- YTD1.7%
Over the last 7 days, the Healthcare industry has dropped 1.4%, driven by a pullback from Dr. Sulaiman Al Habib Medical Services Group of 2.0%. On the other hand Future Care Trading is actually up 7.1%. Over the last year, the industry has been flat overall. 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 Jul 2024 | ر.س216.9b | ر.س34.3b | ر.س4.7b | 36.2x | 45.8x | 6.3x |
| Sun, 23 Jun 2024 | ر.س217.4b | ر.س34.1b | ر.س4.7b | 33.9x | 45.9x | 6.4x |
| Tue, 21 May 2024 | ر.س204.4b | ر.س31.6b | ر.س4.4b | 33.4x | 46x | 6.5x |
| Thu, 18 Apr 2024 | ر.س217.2b | ر.س30.5b | ر.س4.3b | 36.7x | 50.4x | 7.1x |
| Sat, 16 Mar 2024 | ر.س216.7b | ر.س29.9b | ر.س4.1b | 36.9x | 52.8x | 7.3x |
| Mon, 12 Feb 2024 | ر.س213.9b | ر.س29.2b | ر.س3.9b | 37.4x | 54.4x | 7.3x |
| Wed, 10 Jan 2024 | ر.س199.3b | ر.س29.2b | ر.س3.9b | 34.3x | 50.6x | 6.8x |
| Fri, 08 Dec 2023 | ر.س193.2b | ر.س29.2b | ر.س3.9b | 32.2x | 49.1x | 6.6x |
| Sun, 05 Nov 2023 | ر.س175.2b | ر.س28.1b | ر.س3.7b | 33.1x | 47.1x | 6.2x |
| Tue, 03 Oct 2023 | ر.س171.6b | ر.س27.7b | ر.س3.6b | 35.1x | 47.8x | 6.2x |
| Thu, 31 Aug 2023 | ر.س174.3b | ر.س27.5b | ر.س3.6b | 34x | 48.5x | 6.3x |
| Sat, 29 Jul 2023 | ر.س202.5b | ر.س26.5b | ر.س3.4b | 42.6x | 60x | 7.6x |
| Mon, 26 Jun 2023 | ر.س201.6b | ر.س26.2b | ر.س3.3b | 39.3x | 60.8x | 7.7x |
| Wed, 24 May 2023 | ر.س174.5b | ر.س24.8b | ر.س3.1b | 37.3x | 56.1x | 7x |
| Fri, 21 Apr 2023 | ر.س167.2b | ر.س24.3b | ر.س3.0b | 37.5x | 55.9x | 6.9x |
| Sun, 19 Mar 2023 | ر.س141.8b | ر.س23.7b | ر.س3.1b | 36.3x | 46.2x | 6x |
| Tue, 14 Feb 2023 | ر.س138.2b | ر.س23.2b | ر.س2.9b | 36.7x | 46.9x | 5.9x |
| Thu, 12 Jan 2023 | ر.س135.0b | ر.س23.2b | ر.س2.9b | 37x | 45.9x | 5.8x |
| Sat, 10 Dec 2022 | ر.س131.7b | ر.س23.2b | ر.س2.9b | 33.3x | 44.7x | 5.7x |
| Mon, 07 Nov 2022 | ر.س136.8b | ر.س23.1b | ر.س3.0b | 30x | 45.4x | 5.9x |
| Wed, 05 Oct 2022 | ر.س139.9b | ر.س22.8b | ر.س3.0b | 32.8x | 47.4x | 6.1x |
| Fri, 02 Sep 2022 | ر.س127.6b | ر.س22.8b | ر.س3.0b | 34.7x | 42.9x | 5.6x |
| Sun, 31 Jul 2022 | ر.س130.6b | ر.س22.2b | ر.س2.9b | 41.4x | 45.1x | 5.9x |
| Tue, 28 Jun 2022 | ر.س122.1b | ر.س22.2b | ر.س2.9b | 38.7x | 42.1x | 5.5x |
| Thu, 26 May 2022 | ر.س132.8b | ر.س22.1b | ر.س2.9b | 40.1x | 46.2x | 6x |
| Sat, 23 Apr 2022 | ر.س129.6b | ر.س21.7b | ر.س2.7b | 41.7x | 47.2x | 6x |
| Mon, 21 Mar 2022 | ر.س117.2b | ر.س22.0b | ر.س2.9b | 42.5x | 41x | 5.3x |
| Wed, 16 Feb 2022 | ر.س106.0b | ر.س20.2b | ر.س2.6b | 43.3x | 41.3x | 5.3x |
| Fri, 14 Jan 2022 | ر.س106.7b | ر.س20.2b | ر.س2.6b | 46.4x | 41.6x | 5.3x |
| Sun, 12 Dec 2021 | ر.س100.2b | ر.س20.2b | ر.س2.6b | 43x | 39x | 5x |
| Tue, 09 Nov 2021 | ر.س104.4b | ر.س20.0b | ر.س2.6b | 43.2x | 40.3x | 5.2x |
| Thu, 07 Oct 2021 | ر.س104.4b | ر.س19.8b | ر.س2.6b | 43.5x | 40.8x | 5.3x |
| Sat, 04 Sep 2021 | ر.س113.7b | ر.س19.8b | ر.س2.6b | 46.3x | 44.4x | 5.7x |
| Mon, 02 Aug 2021 | ر.س110.5b | ر.س19.7b | ر.س2.5b | 41.7x | 43.4x | 5.6x |
Price to Earnings Ratio
43.4x
Current Industry PE
- Investors are relatively neutral on the Saudi Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 47.0x.
- The industry is trading close to its 3-year average PS ratio of 6.1x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 20% 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 | -1.45% | |
| Healthcare | -1.11% | |
| Pharma | 0.78% | |
| Medical Equipment | 0% | |
| Healthtech | 0% | |
| Biotech | 0% | |
| Life Sciences | 0% | |
| Healthcare Services | -1.28% | |
Industry PE
- Investors are most optimistic about the Pharma industry, which is trading close to its 3-year average PE ratio of 52.0x.
- Analysts are expecting annual earnings growth of 21.3%, which is lower than the prior year's growth of 48.8% per year.
- Investors are most pessimistic about the Healthcare Services industry, which is trading close to its 3-year average of 45.7x.
Forecasted Growth
- Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 21% over the next 5 years.
- However this is lower than its past earnings growth rate of 49% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| 9544 Future Care Trading | ر.س12.70 | 7.1% +ر.س420.0m | -44.8% | PE464.8x | |
| 4017 Dr. Soliman Abdel Kader Fakeeh Hospital | ر.س60.30 | 2.6% +ر.س345.0m | n/a | PE49.5x | |
| 4015 Jamjoom Pharmaceuticals Factory | ر.س151.00 | 2.7% +ر.س280.0m | 22.6% | PE34x | |
| 2230 Saudi Chemical Holding | ر.س11.22 | 0.7% +ر.س67.5m | 147.7% | PE39.1x | |
| 9594 Al-Modawat Specialized Medical | ر.س16.98 | 14.0% +ر.س49.4m | n/a | PE21.7x |
