Al Hammadi Holding's (TADAWUL:4007) Solid Earnings May Rest On Weak Foundations
Aug 19
Saudi Arabian (Tadawul) Healthcare Services Industry Analysis
UpdatedAug 23, 2024
DataAggregated Company Financials
Companies20
- 7D1.7%
- 3M4.3%
- 1Y17.5%
- YTD3.8%
In the last week, the Healthcare Services industry is up 1.7%, with Dr. Sulaiman Al Habib Medical Services Group up 3.4%. This takes the industry's 12 month performance to a gain of 17%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 23 Aug 2024 | ر.س206.2b | ر.س32.3b | ر.س4.6b | 33.1x | 44.5x | 6.4x |
| Sun, 21 Jul 2024 | ر.س202.8b | ر.س31.2b | ر.س4.4b | 38.1x | 46.2x | 6.5x |
| Tue, 18 Jun 2024 | ر.س201.5b | ر.س31.0b | ر.س4.4b | 35.5x | 46x | 6.5x |
| Thu, 16 May 2024 | ر.س186.9b | ر.س27.7b | ر.س4.0b | 36.9x | 46.9x | 6.7x |
| Sat, 13 Apr 2024 | ر.س200.9b | ر.س27.4b | ر.س4.0b | 36.3x | 50.7x | 7.3x |
| Mon, 11 Mar 2024 | ر.س203.6b | ر.س26.7b | ر.س3.8b | 38.1x | 53.2x | 7.6x |
| Wed, 07 Feb 2024 | ر.س200.0b | ر.س26.4b | ر.س3.7b | 38.3x | 53.7x | 7.6x |
| Fri, 05 Jan 2024 | ر.س183.5b | ر.س26.4b | ر.س3.7b | 35.3x | 49.3x | 7x |
| Sun, 03 Dec 2023 | ر.س181.5b | ر.س26.4b | ر.س3.7b | 33.5x | 48.8x | 6.9x |
| Tue, 31 Oct 2023 | ر.س161.4b | ر.س25.0b | ر.س3.4b | 33.5x | 47.2x | 6.5x |
| Thu, 28 Sep 2023 | ر.س153.6b | ر.س24.8b | ر.س3.4b | 32.5x | 45x | 6.2x |
| Sat, 26 Aug 2023 | ر.س162.5b | ر.س24.8b | ر.س3.4b | 34.6x | 47.7x | 6.5x |
| Mon, 24 Jul 2023 | ر.س187.9b | ر.س23.8b | ر.س3.3b | 45.1x | 57.2x | 7.9x |
| Wed, 21 Jun 2023 | ر.س194.6b | ر.س23.8b | ر.س3.3b | 39.9x | 59.2x | 8.2x |
| Fri, 19 May 2023 | ر.س169.5b | ر.س22.9b | ر.س3.2b | 37.1x | 53.7x | 7.4x |
| Sun, 16 Apr 2023 | ر.س159.4b | ر.س22.9b | ر.س3.2b | 38.2x | 50.3x | 7x |
| Tue, 14 Mar 2023 | ر.س141.7b | ر.س22.3b | ر.س3.2b | 37.6x | 44.7x | 6.4x |
| Thu, 09 Feb 2023 | ر.س134.0b | ر.س21.8b | ر.س3.0b | 36.4x | 44.1x | 6.1x |
| Sat, 07 Jan 2023 | ر.س130.8b | ر.س21.8b | ر.س3.0b | 35.3x | 43x | 6x |
| Mon, 05 Dec 2022 | ر.س135.0b | ر.س21.8b | ر.س3.0b | 34.8x | 44.4x | 6.2x |
| Wed, 02 Nov 2022 | ر.س136.4b | ر.س21.7b | ر.س3.1b | 30.6x | 44.4x | 6.3x |
| Fri, 30 Sep 2022 | ر.س127.4b | ر.س21.5b | ر.س3.0b | 31.7x | 42.5x | 5.9x |
| Sun, 28 Aug 2022 | ر.س129.3b | ر.س21.4b | ر.س3.0b | 35.4x | 42.9x | 6x |
| Tue, 26 Jul 2022 | ر.س125.2b | ر.س20.7b | ر.س2.9b | 40.8x | 43.8x | 6x |
| Thu, 23 Jun 2022 | ر.س118.0b | ر.س20.7b | ر.س2.9b | 37.3x | 41.3x | 5.7x |
| Sat, 21 May 2022 | ر.س128.2b | ر.س20.6b | ر.س2.8b | 40x | 46.1x | 6.2x |
| Mon, 18 Apr 2022 | ر.س120.6b | ر.س20.2b | ر.س2.7b | 40.8x | 44.4x | 6x |
| Wed, 16 Mar 2022 | ر.س110.8b | ر.س20.5b | ر.س2.8b | 40.5x | 39.6x | 5.4x |
| Fri, 11 Feb 2022 | ر.س102.0b | ر.س18.7b | ر.س2.5b | 42.7x | 40.6x | 5.5x |
| Sun, 09 Jan 2022 | ر.س97.3b | ر.س18.7b | ر.س2.5b | 43x | 38.7x | 5.2x |
| Tue, 07 Dec 2021 | ر.س98.7b | ر.س18.7b | ر.س2.5b | 42.4x | 39.3x | 5.3x |
| Thu, 04 Nov 2021 | ر.س101.5b | ر.س18.5b | ر.س2.5b | 40.8x | 41x | 5.5x |
| Sat, 02 Oct 2021 | ر.س102.3b | ر.س18.3b | ر.س2.4b | 41.2x | 41.8x | 5.6x |
| Mon, 30 Aug 2021 | ر.س107.8b | ر.س18.3b | ر.س2.4b | 42.2x | 44.1x | 5.9x |
Price to Earnings Ratio
44.1x
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 45.6x.
- 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 24% 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 | -0.37% | |
| Healthcare | 1.80% | |
| Healthcare Services | 1.69% | |
| Healthcare Distributors | 4.79% | |
| Healthcare Facilities | 1.62% | |
| Managed Healthcare | 0% | |
| Healthcare Services | -0.82% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 194x.
- 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 close to its 3-year average of 37.1x.
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 42% 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.س308.80 | 3.4% +ر.س3.6b | 21.1% | PE49.7x | |
| 2230 Saudi Chemical Holding | ر.س11.80 | 5.4% +ر.س505.9m | 163.4% | PE34.5x | |
| 4009 Middle East Healthcare | ر.س74.50 | 1.6% +ر.س110.4m | 26.3% | PE33.8x | |
| 4014 Scientific and Medical Equipment House | ر.س57.50 | 6.7% +ر.س108.0m | 11.4% | PE36.2x | |
| 9546 Naba Al Saha Medical Services | ر.س109.80 | 5.6% +ر.س60.9m | 138.7% | PE22x |