There's Been No Shortage Of Growth Recently For Middle East Healthcare's (TADAWUL:4009) Returns On Capital
May 30
Saudi Arabian (Tadawul) Healthcare Services Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies19
- 7D-3.9%
- 3M-14.8%
- 1Y4.1%
- YTD-4.8%
Over the last 7 days, the Healthcare Services industry has dropped 3.9%, driven by a pullback from Future Care Trading of 16%. Over the past 12 months, the industry was up 4.1%. As for the next few years, earnings are expected to grow by 15% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | ر.س174.8b | ر.س28.5b | ر.س4.1b | 32.3x | 42.9x | 6.1x |
| Wed, 01 May 2024 | ر.س194.7b | ر.س27.4b | ر.س3.9b | 37.1x | 49.6x | 7.1x |
| Fri, 29 Mar 2024 | ر.س198.0b | ر.س27.1b | ر.س3.9b | 34.8x | 50.5x | 7.3x |
| Sun, 25 Feb 2024 | ر.س209.2b | ر.س26.7b | ر.س3.8b | 38.3x | 54.7x | 7.8x |
| Tue, 23 Jan 2024 | ر.س185.6b | ر.س26.4b | ر.س3.7b | 36.3x | 49.9x | 7x |
| Thu, 21 Dec 2023 | ر.س175.6b | ر.س26.4b | ر.س3.7b | 32.5x | 47.2x | 6.7x |
| Sat, 18 Nov 2023 | ر.س171.2b | ر.س26.3b | ر.س3.8b | 33.5x | 45.5x | 6.5x |
| Mon, 16 Oct 2023 | ر.س149.8b | ر.س25.0b | ر.س3.4b | 34.5x | 43.8x | 6x |
| Wed, 13 Sep 2023 | ر.س154.6b | ر.س24.8b | ر.س3.4b | 34.9x | 45.4x | 6.2x |
| Fri, 11 Aug 2023 | ر.س168.6b | ر.س23.8b | ر.س3.4b | 40.7x | 49.6x | 7.1x |
| Sun, 09 Jul 2023 | ر.س183.1b | ر.س23.8b | ر.س3.3b | 41.7x | 55.7x | 7.7x |
| Tue, 06 Jun 2023 | ر.س169.1b | ر.س23.7b | ر.س3.3b | 38.1x | 51.5x | 7.1x |
| Thu, 04 May 2023 | ر.س168.7b | ر.س22.9b | ر.س3.2b | 37.4x | 53.5x | 7.4x |
| Sat, 01 Apr 2023 | ر.س164.4b | ر.س22.4b | ر.س3.3b | 34.8x | 50.3x | 7.3x |
| Mon, 27 Feb 2023 | ر.س136.1b | ر.س21.8b | ر.س3.0b | 37.2x | 44.8x | 6.2x |
| Wed, 25 Jan 2023 | ر.س132.8b | ر.س21.8b | ر.س3.0b | 36.6x | 43.7x | 6.1x |
| Fri, 23 Dec 2022 | ر.س126.3b | ر.س21.8b | ر.س3.0b | 33.3x | 41.6x | 5.8x |
| Sun, 20 Nov 2022 | ر.س130.5b | ر.س21.8b | ر.س3.0b | 29.1x | 42.9x | 6x |
| Tue, 18 Oct 2022 | ر.س140.6b | ر.س21.5b | ر.س3.0b | 32.9x | 46.9x | 6.5x |
| Thu, 15 Sep 2022 | ر.س123.1b | ر.س21.5b | ر.س3.0b | 30x | 40.9x | 5.7x |
| Sat, 13 Aug 2022 | ر.س132.0b | ر.س21.1b | ر.س3.0b | 39.5x | 44.4x | 6.3x |
| Mon, 11 Jul 2022 | ر.س118.0b | ر.س20.7b | ر.س2.9b | 38.7x | 41.2x | 5.7x |
| Wed, 08 Jun 2022 | ر.س124.3b | ر.س20.7b | ر.س2.9b | 36.9x | 43.5x | 6x |
| Fri, 06 May 2022 | ر.س125.7b | ر.س20.5b | ر.س2.8b | 41.8x | 45.1x | 6.1x |
| Sun, 03 Apr 2022 | ر.س117.2b | ر.س20.2b | ر.س2.7b | 36.8x | 43.4x | 5.8x |
| Tue, 01 Mar 2022 | ر.س103.5b | ر.س19.0b | ر.س2.6b | 43x | 40.2x | 5.5x |
| Thu, 27 Jan 2022 | ر.س102.1b | ر.س18.7b | ر.س2.5b | 45x | 40.6x | 5.5x |
| Sat, 25 Dec 2021 | ر.س96.5b | ر.س18.7b | ر.س2.5b | 43.4x | 38.4x | 5.2x |
| Mon, 22 Nov 2021 | ر.س96.3b | ر.س18.6b | ر.س2.5b | 41.7x | 38.7x | 5.2x |
| Wed, 20 Oct 2021 | ر.س98.7b | ر.س18.3b | ر.س2.4b | 40.2x | 40.3x | 5.4x |
| Fri, 17 Sep 2021 | ر.س105.0b | ر.س18.3b | ر.س2.4b | 41.6x | 42.9x | 5.7x |
| Sun, 15 Aug 2021 | ر.س109.5b | ر.س18.2b | ر.س2.4b | 42.5x | 45x | 6x |
| Thu, 10 Jun 2021 | ر.س97.1b | ر.س17.2b | ر.س2.3b | 39.8x | 43.1x | 5.7x |
Price to Earnings Ratio
43.1x
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 45.5x.
- The industry is trading close to its 3-year average PS ratio of 6.3x.
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 industry?
| SA Market | -2.21% | |
| Healthcare | -3.80% | |
| Healthcare Services | -3.93% | |
| Healthcare Distributors | 4.11% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -3.84% | |
| Healthcare Services | -13.06% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 198x.
- 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 38.1x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 15% over the next 5 years.
- However this is lower than its past earnings growth rate of 35% 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 | |
|---|---|---|---|---|---|
| 4013 Dr. Sulaiman Al Habib Medical Services Group | ر.س285.40 | 1.6% +ر.س1.5b | 6.9% | PE47.4x | |
| 4005 National Medical Care | ر.س193.80 | 10.0% +ر.س789.4m | 74.6% | PE32.7x | |
| 2230 Saudi Chemical Holding | ر.س9.71 | 10.5% +ر.س775.7m | 173.9% | PE33.8x | |
| 4002 Mouwasat Medical Services | ر.س116.20 | 1.0% +ر.س240.0m | 1.4% | PE35.1x | |
| 4004 Dallah Healthcare | ر.س165.80 | 0.9% +ر.س136.8m | 1.3% | PE42.1x |
