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Saudi Arabian (Tadawul) Healthcare Services Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies22
  • 7D-3.7%
  • 3M-7.9%
  • 1Y-5.4%
  • YTD-5.9%

Over the last 7 days, the Healthcare Services industry has dropped 3.7%, driven by a pullback from Dr. Sulaiman Al Habib Medical Services Group of 5.3%. The industry has fallen 5.4% in the last year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Saudi Arabian Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024ر.س186.7bر.س33.7bر.س4.8b27.7x38.9x5.5x
Fri, 22 Nov 2024ر.س181.9bر.س33.7bر.س4.8b29.4x37.9x5.4x
Sun, 20 Oct 2024ر.س193.8bر.س32.4bر.س4.6b32.7x41.9x6x
Tue, 17 Sep 2024ر.س197.5bر.س32.3bر.س4.6b32.3x42.8x6.1x
Thu, 15 Aug 2024ر.س198.5bر.س32.2bر.س4.6b32.3x42.7x6.2x
Sat, 13 Jul 2024ر.س198.3bر.س31.0bر.س4.4b37.2x45.2x6.4x
Mon, 10 Jun 2024ر.س198.5bر.س30.9bر.س4.4b34.2x45.6x6.4x
Wed, 08 May 2024ر.س197.9bر.س27.7bر.س4.0b38x49.6x7.1x
Fri, 05 Apr 2024ر.س200.9bر.س27.3bر.س4.0b36.3x50.7x7.4x
Sun, 03 Mar 2024ر.س206.6bر.س26.7bر.س3.8b38.4x54x7.7x
Tue, 30 Jan 2024ر.س184.4bر.س26.4bر.س3.7b35.9x49.5x7x
Thu, 28 Dec 2023ر.س179.5bر.س26.4bر.س3.7b33.5x48.2x6.8x
Sat, 25 Nov 2023ر.س171.0bر.س26.4bر.س3.7b33x45.9x6.5x
Mon, 23 Oct 2023ر.س153.2bر.س25.0bر.س3.4b33.7x44.8x6.1x
Wed, 20 Sep 2023ر.س152.7bر.س24.8bر.س3.4b32.5x44.8x6.2x
Fri, 18 Aug 2023ر.س165.6bر.س24.2bر.س3.4b38x48.5x6.9x
Sun, 16 Jul 2023ر.س182.6bر.س23.8bر.س3.3b43.1x55.6x7.7x
Tue, 13 Jun 2023ر.س164.1bر.س23.8bر.س3.3b36x50x6.9x
Thu, 11 May 2023ر.س168.3bر.س22.9bر.س3.2b36.9x53.4x7.4x
Sat, 08 Apr 2023ر.س157.1bر.س22.4bر.س3.3b35x48.1x7x
Mon, 06 Mar 2023ر.س138.8bر.س21.8bر.س3.0b37.4x45.7x6.4x
Wed, 01 Feb 2023ر.س136.2bر.س21.8bر.س3.0b38.1x44.8x6.2x
Fri, 30 Dec 2022ر.س130.9bر.س21.8bر.س3.0b35.1x43.1x6x
Sun, 27 Nov 2022ر.س126.0bر.س21.8bر.س3.0b33x41.5x5.8x
Tue, 25 Oct 2022ر.س143.4bر.س21.5bر.س3.0b32.6x47.9x6.7x
Thu, 22 Sep 2022ر.س124.3bر.س21.5bر.س3.0b28.3x41.3x5.8x
Sat, 20 Aug 2022ر.س128.1bر.س21.2bر.س3.0b38.5x43.1x6x
Mon, 18 Jul 2022ر.س120.5bر.س20.7bر.س2.9b39.1x42.1x5.8x
Wed, 15 Jun 2022ر.س119.7bر.س20.7bر.س2.9b35.2x41.9x5.8x
Fri, 13 May 2022ر.س126.0bر.س20.5bر.س2.8b41.8x45.2x6.1x
Sun, 10 Apr 2022ر.س117.4bر.س20.2bر.س2.7b38.3x43.3x5.8x
Tue, 08 Mar 2022ر.س105.7bر.س19.6bر.س2.7b39.7x39.6x5.4x
Thu, 03 Feb 2022ر.س102.5bر.س18.7bر.س2.5b44.1x40.8x5.5x
Sat, 01 Jan 2022ر.س96.4bر.س18.7bر.س2.5b43.1x38.4x5.2x
Price to Earnings Ratio

38.4x


Total Market Cap: ر.س96.4bTotal Earnings: ر.س2.5bTotal Revenue: ر.س18.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Healthcare Services Industry Price to Earnings3Y Average 45.7x202220232024
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 38.9x which is lower than its 3-year average PE of 45.7x.
  • The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 5.5x.
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 industry?

SA Market0.036%
Healthcare-3.55%
Healthcare Services-3.68%
Healthcare Services0.60%
Healthcare Distributors0.15%
Managed Healthcare0%
Healthcare Facilities-4.09%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 201x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Healthcare Distributors industry, which is trading below its 3-year average of 34.3x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 4.8% per year.
  • In contrast, the Healthcare Facilities 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?

CompanyLast Price7D1YValuation
4005 National Medical Careر.س167.003.1%
+ر.س223.5m
-3.4%PE27.2x
9594 Al-Modawat Specialized Medicalر.س17.168.3%
+ر.س31.4m
n/aPE37.6x
9527 Alf Meem Yaa for Medical Supplies and Equipmentر.س120.001.7%
+ر.س14.0m
141.2%PE22.2x
9604 Miral Dentalر.س109.605.4%
+ر.س11.2m
n/an/a
9600 Qomelر.س115.801.4%
+ر.س5.6m
n/aPE17.3x
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Latest News

4013

ر.س284.80

Dr. Sulaiman Al Habib Medical Services Group

7D

-4.1%

1Y

1.0%

4014

ر.س49.10

Scientific and Medical Equipment House

7D

-3.9%

1Y

6.6%

9604

ر.س109.60

Miral Dental

7D

5.4%

1Y

n/a

9572

ر.س59.00

Al-Razi Medical

7D

5.5%

1Y

3.7%

4007

ر.س38.05

Al Hammadi Holding

7D

-5.1%

1Y

-36.5%

9600

ر.س115.80

Qomel

7D

1.4%

1Y

n/a

9594

ر.س17.16

Al-Modawat Specialized Medical

7D

8.3%

1Y

n/a