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Saudi Arabian (Tadawul) Healthcare Services Industry Analysis

UpdatedOct 21, 2024
DataAggregated Company Financials
Companies20
  • 7D0.5%
  • 3M-4.8%
  • 1Y17.2%
  • YTD-2.2%

Over the last 7 days, the Healthcare Services industry has risen 1.2%, driven by gains in Dr. Sulaiman Al Habib Medical Services Group and Middle East Healthcare of 0.5% and 6.6%, respectively. This takes the industry's 12 month performance to a gain of 16%. 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
Mon, 21 Oct 2024ر.س193.8bر.س32.4bر.س4.6b32.8x41.9x6x
Wed, 18 Sep 2024ر.س197.2bر.س32.3bر.س4.6b33x42.7x6.1x
Fri, 16 Aug 2024ر.س203.0bر.س32.2bر.س4.6b32.8x43.7x6.3x
Sun, 14 Jul 2024ر.س198.6bر.س31.0bر.س4.4b37.2x45.2x6.4x
Tue, 11 Jun 2024ر.س207.6bر.س30.9bر.س4.4b35.6x47.7x6.7x
Thu, 09 May 2024ر.س200.1bر.س27.7bر.س4.0b37.8x50.2x7.2x
Sat, 06 Apr 2024ر.س200.9bر.س27.3bر.س4.0b36.3x50.7x7.4x
Mon, 04 Mar 2024ر.س204.0bر.س26.7bر.س3.8b37.3x53.4x7.6x
Wed, 31 Jan 2024ر.س182.4bر.س26.4bر.س3.7b35.7x49x6.9x
Fri, 29 Dec 2023ر.س180.2bر.س26.4bر.س3.7b33.8x48.4x6.8x
Sun, 26 Nov 2023ر.س171.0bر.س26.4bر.س3.7b33x45.9x6.5x
Tue, 24 Oct 2023ر.س151.0bر.س25.0bر.س3.4b31.5x44.1x6x
Thu, 21 Sep 2023ر.س152.8bر.س24.8bر.س3.4b32.5x44.8x6.2x
Sat, 19 Aug 2023ر.س165.1bر.س24.2bر.س3.4b38x48.4x6.8x
Mon, 17 Jul 2023ر.س182.6bر.س23.8bر.س3.3b43.8x55.6x7.7x
Wed, 14 Jun 2023ر.س163.9bر.س23.8bر.س3.3b36.5x49.9x6.9x
Fri, 12 May 2023ر.س168.5bر.س22.9bر.س3.2b37.1x53.4x7.4x
Sun, 09 Apr 2023ر.س157.1bر.س22.4bر.س3.3b35x48.1x7x
Tue, 07 Mar 2023ر.س140.4bر.س21.8bر.س3.0b37.4x46.2x6.4x
Thu, 02 Feb 2023ر.س138.6bر.س21.8bر.س3.0b38.2x45.6x6.4x
Sat, 31 Dec 2022ر.س130.9bر.س21.8bر.س3.0b35.1x43.1x6x
Mon, 28 Nov 2022ر.س127.4bر.س21.8bر.س3.0b31.5x41.9x5.8x
Wed, 26 Oct 2022ر.س140.5bر.س21.7bر.س3.1b30.7x45.8x6.5x
Fri, 23 Sep 2022ر.س124.4bر.س21.5bر.س3.0b29.8x41.5x5.8x
Sun, 21 Aug 2022ر.س128.1bر.س21.3bر.س3.0b37.2x42.8x6x
Tue, 19 Jul 2022ر.س120.5bر.س20.7bر.س2.9b39.1x42.1x5.8x
Thu, 16 Jun 2022ر.س121.9bر.س20.7bر.س2.9b36.3x42.6x5.9x
Sat, 14 May 2022ر.س120.2bر.س20.5bر.س2.8b39.8x43.1x5.9x
Mon, 11 Apr 2022ر.س117.8bر.س20.2bر.س2.7b38.3x43.4x5.8x
Wed, 09 Mar 2022ر.س106.7bر.س20.5bر.س2.8b38.8x38.1x5.2x
Fri, 04 Feb 2022ر.س101.8bر.س18.7bر.س2.5b43.9x40.5x5.4x
Sun, 02 Jan 2022ر.س96.4bر.س18.7bر.س2.5b43.1x38.4x5.2x
Tue, 30 Nov 2021ر.س94.5bر.س18.7bر.س2.5b39.4x37.6x5.1x
Thu, 28 Oct 2021ر.س100.6bر.س18.5bر.س2.5b40.2x40.3x5.4x
Price to Earnings Ratio

40.3x


Total Market Cap: ر.س100.6bTotal Earnings: ر.س2.5bTotal Revenue: ر.س18.5bTotal 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 41.9x which is lower than its 3-year average PE of 45.7x.
  • The industry is trading close to its 3-year average PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 21% 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-0.84%
Healthcare0.028%
Healthcare Services0.55%
Healthcare Services3.02%
Healthcare Distributors2.04%
Healthcare Facilities0.34%
Managed Healthcare0%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 197x.
    • 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 35.9x.
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 9.7% 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
4013 Dr. Sulaiman Al Habib Medical Services Groupر.س290.000.5%
+ر.س490.0m
27.2%PE46.7x
4009 Middle East Healthcareر.س73.106.6%
+ر.س414.2m
16.6%PE33.2x
4002 Mouwasat Medical Servicesر.س97.901.5%
+ر.س280.0m
-0.6%PE29.5x
2230 Saudi Chemical Holdingر.س11.622.3%
+ر.س219.2m
194.2%PE34x
9544 Future Care Tradingر.س11.203.9%
+ر.س210.0m
-54.8%PE409.9x
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