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Saudi Arabian (Tadawul) Healthcare Sector Analysis

UpdatedApr 15, 2024
DataAggregated Company Financials
Companies21
  • 7D-0.07%
  • 3M10.9%
  • 1Y24.7%
  • YTD10.0%

Last week, the Healthcare industry hasn't moved much but Future Care Trading is up 8.7% in that time. As for the the longer term, the industry is up 25% over the past 12 months. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Apr 2024ر.س217.6bر.س30.5bر.س4.3b35.9x50.5x7.1x
Wed, 13 Mar 2024ر.س216.6bر.س29.9bر.س4.1b37.1x52.8x7.3x
Fri, 09 Feb 2024ر.س216.4bر.س29.2bر.س3.9b38.4x55x7.4x
Sun, 07 Jan 2024ر.س196.2bر.س29.2bر.س3.9b33.9x49.9x6.7x
Tue, 05 Dec 2023ر.س194.5bر.س29.2bر.س3.9b33.2x49.5x6.7x
Thu, 02 Nov 2023ر.س171.9bر.س28.1bر.س3.7b32.3x46.2x6.1x
Sat, 30 Sep 2023ر.س166.4bر.س27.5bر.س3.6b32.9x46.3x6x
Mon, 28 Aug 2023ر.س175.1bر.س27.5bر.س3.6b33.8x48.8x6.4x
Wed, 26 Jul 2023ر.س208.0bر.س26.5bر.س3.4b43.3x61.7x7.9x
Fri, 23 Jun 2023ر.س206.5bر.س26.2bر.س3.3b39.7x62.3x7.9x
Sun, 21 May 2023ر.س173.6bر.س24.8bر.س3.1b37.1x55.8x7x
Tue, 18 Apr 2023ر.س166.0bر.س24.3bر.س3.0b37.7x55.5x6.8x
Thu, 16 Mar 2023ر.س144.5bر.س23.7bر.س3.1b37.2x47x6.1x
Sat, 11 Feb 2023ر.س134.3bر.س23.2bر.س2.9b35.4x45.6x5.8x
Mon, 09 Jan 2023ر.س134.6bر.س23.2bر.س2.9b36.8x45.7x5.8x
Wed, 07 Dec 2022ر.س132.7bر.س23.2bر.س2.9b33.6x45.1x5.7x
Fri, 04 Nov 2022ر.س139.4bر.س23.1bر.س3.0b30.8x46.1x6x
Sun, 02 Oct 2022ر.س130.5bر.س22.8bر.س3.0b31.7x44.2x5.7x
Tue, 30 Aug 2022ر.س132.4bر.س22.8bر.س3.0b34.9x44.6x5.8x
Thu, 28 Jul 2022ر.س129.4bر.س22.2bر.س2.9b41.6x44.7x5.8x
Sat, 25 Jun 2022ر.س121.5bر.س22.2bر.س2.9b39.1x41.9x5.5x
Mon, 23 May 2022ر.س132.1bر.س22.2bر.س2.9b39.7x46.3x5.9x
Wed, 20 Apr 2022ر.س129.0bر.س21.7bر.س2.7b41.6x47x5.9x
Fri, 18 Mar 2022ر.س116.1bر.س22.0bر.س2.9b42.2x40.7x5.3x
Sun, 13 Feb 2022ر.س107.3bر.س20.2bر.س2.6b43.5x41.8x5.3x
Tue, 11 Jan 2022ر.س102.4bر.س20.2bر.س2.6b45.1x39.9x5.1x
Thu, 09 Dec 2021ر.س100.7bر.س20.2bر.س2.6b42.9x39.2x5x
Sat, 06 Nov 2021ر.س106.6bر.س20.0bر.س2.6b42.2x41.1x5.3x
Mon, 04 Oct 2021ر.س107.4bر.س19.8bر.س2.6b44.5x41.9x5.4x
Wed, 01 Sep 2021ر.س114.5bر.س19.8bر.س2.6b46.5x44.7x5.8x
Thu, 08 Jul 2021ر.س106.2bر.س19.7bر.س2.5b42.5x41.7x5.4x
Price to Earnings Ratio

41x


Total Market Cap: ر.س96.7bTotal Earnings: ر.س2.4bTotal Revenue: ر.س18.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Healthcare Sector Price to Earnings3Y Average 46.5x202220232024
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 50.5x which is higher than its 3-year average PE of 46.5x.
  • The 3-year average PS ratio of 6.0x is lower than the industry's current PS ratio of 7.1x.
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 Market0.52%
Healthcare-0.068%
Pharma0.95%
Medical Equipment0%
Healthtech0%
Biotech0%
Life Sciences0%
Healthcare Services-0.15%
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 14.3%, 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 21% 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?

CompanyLast Price7D1YValuation
4002 Mouwasat Medical Servicesر.س139.003.3%
+ر.س880.0m
13.4%PE42.3x
2230 Saudi Chemical Holdingر.س8.1912.0%
+ر.س742.0m
173.5%PE37.8x
9544 Future Care Tradingر.س9.137.4%
+ر.س315.0m
73.9%PE730.8x
4015 Jamjoom Pharmaceuticals Factoryر.س135.602.7%
+ر.س252.0m
n/aPE32.5x
2070 Saudi Pharmaceutical Industries and Medical Appliancesر.س36.605.2%
+ر.س216.0m
44.7%PS2.7x
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Latest News

4016

ر.س155.40

Middle East Pharmaceutical Industries

7D

-0.6%

1Y

n/a

4009

ر.س93.00

Middle East Healthcare

7D

1.4%

1Y

150.0%

4015

ر.س135.60

Jamjoom Pharmaceuticals Factory

7D

2.7%

1Y

n/a

2070

ر.س36.60

Saudi Pharmaceutical Industries and Medical Appliances

7D

5.2%

1Y

44.7%

4002

ر.س139.00

Mouwasat Medical Services

7D

3.3%

1Y

13.4%

9530

ر.س41.70

Arabian International Healthcare Holding

7D

-1.4%

1Y

-6.1%

9544

ر.س9.13

Future Care Trading

7D

7.4%

1Y

73.9%

4004

ر.س170.40

Dallah Healthcare

7D

-1.6%

1Y

3.5%

2230

ر.س8.19

Saudi Chemical Holding

7D

12.0%

1Y

173.5%

9518

ر.س6.94

Canadian General Medical Center Complex

7D

-0.9%

1Y

57.7%