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Saudi Arabian (Tadawul) Healthcare Services Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies20
- 7D0.1%
- 3M-11.6%
- 1Y-2.1%
- YTD-8.3%
Over the last 7 days, the Healthcare Services industry has remained flat, although notably Mouwasat Medical Services gained 4.4%. Furthermore, the industry has been flat for the past year as well. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | ر.س181.9b | ر.س33.7b | ر.س4.8b | 29.4x | 37.9x | 5.4x |
| Tue, 22 Oct 2024 | ر.س195.0b | ر.س32.4b | ر.س4.6b | 32.9x | 42.1x | 6x |
| Thu, 19 Sep 2024 | ر.س197.6b | ر.س32.3b | ر.س4.6b | 32.8x | 42.8x | 6.1x |
| Sat, 17 Aug 2024 | ر.س202.5b | ر.س32.2b | ر.س4.6b | 32.8x | 43.6x | 6.3x |
| Mon, 15 Jul 2024 | ر.س198.7b | ر.س31.2b | ر.س4.4b | 37.2x | 45.2x | 6.4x |
| Wed, 12 Jun 2024 | ر.س209.9b | ر.س30.9b | ر.س4.4b | 36.5x | 48.2x | 6.8x |
| Fri, 10 May 2024 | ر.س199.2b | ر.س27.7b | ر.س4.0b | 38.2x | 50x | 7.2x |
| Sun, 07 Apr 2024 | ر.س200.9b | ر.س27.4b | ر.س4.0b | 36.3x | 50.7x | 7.3x |
| Tue, 05 Mar 2024 | ر.س204.6b | ر.س26.7b | ر.س3.8b | 37.4x | 53.5x | 7.7x |
| Thu, 01 Feb 2024 | ر.س184.4b | ر.س26.4b | ر.س3.7b | 36.3x | 49.5x | 7x |
| Sat, 30 Dec 2023 | ر.س180.2b | ر.س26.4b | ر.س3.7b | 33.8x | 48.4x | 6.8x |
| Mon, 27 Nov 2023 | ر.س171.3b | ر.س26.4b | ر.س3.7b | 33.1x | 46x | 6.5x |
| Wed, 25 Oct 2023 | ر.س148.6b | ر.س25.0b | ر.س3.4b | 31.8x | 43.4x | 5.9x |
| Fri, 22 Sep 2023 | ر.س151.9b | ر.س24.8b | ر.س3.4b | 31.6x | 44.6x | 6.1x |
| Sun, 20 Aug 2023 | ر.س165.1b | ر.س24.2b | ر.س3.4b | 35.1x | 48.6x | 6.8x |
| Tue, 18 Jul 2023 | ر.س185.9b | ر.س23.8b | ر.س3.3b | 43.9x | 56.6x | 7.8x |
| Thu, 15 Jun 2023 | ر.س182.1b | ر.س23.8b | ر.س3.3b | 41x | 55.4x | 7.7x |
| Sat, 13 May 2023 | ر.س168.3b | ر.س22.9b | ر.س3.2b | 37.1x | 53.4x | 7.4x |
| Mon, 10 Apr 2023 | ر.س157.1b | ر.س22.4b | ر.س3.3b | 34.9x | 48.1x | 7x |
| Wed, 08 Mar 2023 | ر.س140.4b | ر.س21.8b | ر.س3.0b | 37x | 46.2x | 6.4x |
| Fri, 03 Feb 2023 | ر.س135.4b | ر.س21.8b | ر.س3.0b | 37.5x | 44.6x | 6.2x |
| Sun, 01 Jan 2023 | ر.س130.9b | ر.س21.8b | ر.س3.0b | 35.1x | 43.1x | 6x |
| Tue, 29 Nov 2022 | ر.س129.1b | ر.س21.8b | ر.س3.0b | 33.1x | 42.5x | 5.9x |
| Thu, 27 Oct 2022 | ر.س138.1b | ر.س21.5b | ر.س3.0b | 30.5x | 46.1x | 6.4x |
| Sat, 24 Sep 2022 | ر.س124.4b | ر.س21.5b | ر.س3.0b | 29.8x | 41.5x | 5.8x |
| Mon, 22 Aug 2022 | ر.س128.5b | ر.س21.3b | ر.س3.0b | 37.6x | 43x | 6x |
| Wed, 20 Jul 2022 | ر.س120.5b | ر.س20.7b | ر.س2.9b | 39.1x | 42.1x | 5.8x |
| Fri, 17 Jun 2022 | ر.س121.4b | ر.س20.7b | ر.س2.9b | 36.4x | 42.4x | 5.8x |
| Sun, 15 May 2022 | ر.س120.2b | ر.س20.5b | ر.س2.8b | 39.8x | 43.1x | 5.9x |
| Tue, 12 Apr 2022 | ر.س119.0b | ر.س20.2b | ر.س2.7b | 40.9x | 43.9x | 5.9x |
| Thu, 10 Mar 2022 | ر.س109.6b | ر.س20.5b | ر.س2.8b | 40.2x | 39.2x | 5.3x |
| Sat, 05 Feb 2022 | ر.س102.2b | ر.س18.7b | ر.س2.5b | 44.1x | 40.7x | 5.5x |
| Mon, 03 Jan 2022 | ر.س96.4b | ر.س18.7b | ر.س2.5b | 42.8x | 38.4x | 5.2x |
| Wed, 01 Dec 2021 | ر.س93.5b | ر.س18.7b | ر.س2.5b | 38.8x | 37.2x | 5x |
Price to Earnings Ratio
37.2x
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 37.9x 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 5.4x.
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 Market | -0.019% | |
| Healthcare | 0.42% | |
| Healthcare Services | 0.12% | |
| Healthcare Services | 2.42% | |
| Healthcare Distributors | 2.14% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -0.12% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 199x.
- 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 35.2x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4002 Mouwasat Medical Services | ر.س92.40 | 4.4% +ر.س780.0m | -16.0% | PE28.1x | |
| 4009 Middle East Healthcare | ر.س70.50 | 4.6% +ر.س285.3m | -0.7% | PE30.7x | |
| 2230 Saudi Chemical Holding | ر.س10.24 | 2.4% +ر.س202.4m | 152.2% | PE26.5x | |
| 4004 Dallah Healthcare | ر.س153.00 | 0.9% +ر.س136.3m | -4.7% | PE31.6x | |
| 9544 Future Care Trading | ر.س10.60 | 2.1% +ر.س110.0m | -51.2% | PE410.1x |
