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Saudi Arabian (Tadawul) Healthcare Services Industry Analysis
UpdatedJan 20, 2022
DataAggregated Company Financials
Companies9
- 7D0.6%
- 3M-1.4%
- 1Y39.3%
- YTD6.9%
Over the last 7 days, the Healthcare Services industry has risen 1.3%, driven by gains from Dallah Healthcare of 4.4%. This takes the industry's 12 month performance to a gain of 38%.
Industry Valuation and Performance
Has the Saudi Arabian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 20 Jan 2022 | ر.س102.8b | ر.س18.7b | ر.س2.5b | 45.1x |
| Sat, 18 Dec 2021 | ر.س97.3b | ر.س18.7b | ر.س2.5b | 44.4x |
| Mon, 15 Nov 2021 | ر.س99.5b | ر.س18.6b | ر.س2.5b | 43.7x |
| Wed, 13 Oct 2021 | ر.س98.3b | ر.س18.3b | ر.س2.4b | 38.9x |
| Fri, 10 Sep 2021 | ر.س105.8b | ر.س18.3b | ر.س2.4b | 41.8x |
| Sun, 08 Aug 2021 | ر.س110.0b | ر.س18.2b | ر.س2.4b | 41.1x |
| Sat, 01 May 2021 | ر.س91.4b | ر.س17.2b | ر.س2.3b | 39.6x |
| Tue, 02 Feb 2021 | ر.س72.0b | ر.س16.4b | ر.س2.1b | 34.5x |
| Fri, 06 Nov 2020 | ر.س62.0b | ر.س15.6b | ر.س2.1b | 27.3x |
| Mon, 10 Aug 2020 | ر.س56.8b | ر.س14.8b | ر.س1.8b | 29.7x |
| Sun, 03 May 2020 | ر.س42.4b | ر.س14.7b | ر.س1.8b | 24.5x |
| Wed, 05 Feb 2020 | ر.س22.2b | ر.س9.5b | ر.س870.2m | 28.8x |
| Sat, 09 Nov 2019 | ر.س20.7b | ر.س9.5b | ر.س839.7m | 28.8x |
| Fri, 02 Aug 2019 | ر.س22.8b | ر.س9.4b | ر.س814.2m | 32.6x |
| Mon, 06 May 2019 | ر.س23.0b | ر.س9.1b | ر.س838.8m | 29.9x |
| Thu, 07 Feb 2019 | ر.س22.2b | ر.س9.1b | ر.س948.3m | 27.3x |
PE Ratio
27.3x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 44.9x which is higher than its 3-year average PE of 32.4x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Healthcare industry have grown 38% per year over the last three years, and revenues for these companies have grown 27% 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 Services industry?
| Healthcare Distributors | 2.86% | |
| Healthcare Facilities | 0.55% | |
| Healthcare Services | -1.21% | |
Industry PE: Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 42.3x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Healthcare Facilities industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 31.3x.
Forecasted Growth: Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 9.5% over the next 5 years. However this is lower than its past earnings growth rate of 28% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4004 Dallah Healthcare | ر.س84.80 | 4.4% +ر.س324.0m | 66.9% | PE37.8x | |
| 2230 Saudi Chemical Holding | ر.س36.00 | 2.9% +ر.س84.3m | 6.2% | PE57.4x | |
| 4009 Middle East Healthcare | ر.س34.00 | 2.1% +ر.س64.4m | -1.4% | PE48.8x | |
| 4005 National Medical Care | ر.س68.10 | 1.8% +ر.س53.8m | 30.0% | PE25.1x | |
| 4002 Mouwasat Medical Services | ر.س192.20 | 0.2% +ر.س40.0m | 30.4% | PE33.5x |