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Saudi Arabian (Tadawul) Electrical Industry Analysis
UpdatedNov 27, 2024
DataAggregated Company Financials
Companies3
- 7D3.9%
- 3M14.7%
- 1Y97.3%
- YTD58.8%
Over the last 7 days, the Electrical industry has dropped 1.5%, driven by pullbacks in Electrical Industries and Riyadh Cables Group of 2.6% and 1.2%, respectively. This takes the industry's 12 month performance to a gain of 90%. Looking forward, earnings are forecast to grow by 8.7% annually.
Industry Valuation and Performance
Has the Saudi Arabian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Nov 2024 | ر.س29.0b | ر.س11.4b | ر.س1.1b | 23.3x | 25.6x | 2.5x |
| Fri, 25 Oct 2024 | ر.س25.3b | ر.س10.9b | ر.س960.1m | 25.4x | 26.3x | 2.3x |
| Sun, 22 Sep 2024 | ر.س24.6b | ر.س10.9b | ر.س960.1m | 25.9x | 25.6x | 2.2x |
| Tue, 20 Aug 2024 | ر.س24.7b | ر.س10.9b | ر.س960.1m | 25.1x | 25.7x | 2.3x |
| Thu, 18 Jul 2024 | ر.س23.7b | ر.س10.6b | ر.س867.7m | 27.2x | 27.3x | 2.2x |
| Sat, 15 Jun 2024 | ر.س22.7b | ر.س10.6b | ر.س867.7m | 26.5x | 26.2x | 2.1x |
| Mon, 13 May 2024 | ر.س22.2b | ر.س10.5b | ر.س808.8m | 26.9x | 27.4x | 2.1x |
| Wed, 10 Apr 2024 | ر.س21.3b | ر.س10.3b | ر.س768.7m | 24.8x | 27.7x | 2.1x |
| Fri, 08 Mar 2024 | ر.س23.4b | ر.س10.2b | ر.س710.5m | 29.1x | 33x | 2.3x |
| Sun, 04 Feb 2024 | ر.س20.3b | ر.س10.2b | ر.س710.5m | 20.9x | 28.6x | 2x |
| Tue, 02 Jan 2024 | ر.س18.3b | ر.س10.2b | ر.س710.5m | 23.6x | 25.7x | 1.8x |
| Thu, 30 Nov 2023 | ر.س15.1b | ر.س10.2b | ر.س710.5m | 19.1x | 21.2x | 1.5x |
| Sat, 28 Oct 2023 | ر.س13.5b | ر.س9.8b | ر.س428.8m | 22.9x | 31.5x | 1.4x |
| Mon, 25 Sep 2023 | ر.س13.6b | ر.س9.8b | ر.س428.8m | 22.6x | 31.8x | 1.4x |
| Wed, 23 Aug 2023 | ر.س13.6b | ر.س9.8b | ر.س428.8m | 23.4x | 31.6x | 1.4x |
| Fri, 21 Jul 2023 | ر.س12.9b | ر.س9.4b | ر.س314.4m | 25x | 41x | 1.4x |
| Sun, 18 Jun 2023 | ر.س12.8b | ر.س9.4b | ر.س314.4m | 24.7x | 40.6x | 1.4x |
| Tue, 16 May 2023 | ر.س11.7b | ر.س8.9b | ر.س239.1m | 22.5x | 49x | 1.3x |
| Thu, 13 Apr 2023 | ر.س10.4b | ر.س8.3b | ر.س200.8m | 20.6x | 51.7x | 1.2x |
| Sat, 11 Mar 2023 | ر.س9.2b | ر.س8.2b | ر.س184.7m | 19.5x | 49.9x | 1.1x |
| Mon, 06 Feb 2023 | ر.س8.0b | ر.س8.2b | ر.س184.7m | 16.3x | 43.2x | 1x |
| Wed, 04 Jan 2023 | ر.س8.0b | ر.س8.2b | ر.س184.7m | 16.1x | 43.2x | 1x |
| Fri, 02 Dec 2022 | ر.س1.9b | ر.س1.8b | -ر.س146,212,454.00 | 14.2x | -13.1x | 1.1x |
| Sun, 30 Oct 2022 | ر.س2.0b | ر.س1.7b | -ر.س168,986,559.00 | 17.9x | -11.9x | 1.2x |
| Tue, 27 Sep 2022 | ر.س2.0b | ر.س1.7b | -ر.س168,986,559.00 | 17.2x | -11.7x | 1.2x |
| Thu, 25 Aug 2022 | ر.س2.1b | ر.س1.6b | -ر.س165,017,000.00 | 21.6x | -12.7x | 1.3x |
| Sat, 23 Jul 2022 | ر.س2.0b | ر.س1.6b | -ر.س165,017,000.00 | 19.5x | -11.9x | 1.3x |
| Mon, 20 Jun 2022 | ر.س1.9b | ر.س1.6b | -ر.س165,017,000.00 | 18.5x | -11.8x | 1.2x |
| Wed, 18 May 2022 | ر.س2.2b | ر.س1.5b | -ر.س116,920,106.00 | 21.8x | -18.6x | 1.4x |
| Fri, 15 Apr 2022 | ر.س2.3b | ر.س1.5b | -ر.س122,135,572.00 | 26.7x | -19.2x | 1.6x |
| Sun, 13 Mar 2022 | ر.س2.5b | ر.س1.5b | -ر.س101,860,012.00 | 22.8x | -25x | 1.7x |
| Tue, 08 Feb 2022 | ر.س2.9b | ر.س1.5b | -ر.س101,860,012.00 | 25.1x | -28.5x | 1.9x |
| Thu, 06 Jan 2022 | ر.س2.8b | ر.س1.5b | -ر.س101,860,012.00 | 23.1x | -27.1x | 1.8x |
| Sat, 04 Dec 2021 | ر.س2.6b | ر.س1.5b | -ر.س101,860,012.00 | 23x | -25.9x | 1.8x |
Price to Earnings Ratio
-25.9x
Current Industry PE
- There are only 3 companies in the Saudi Electrical industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Electrical industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 97% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Industrials industry?
| SA Market | -1.45% | |
| Industrials | -0.25% | |
| Electrical | 3.85% | |
| Electrical Components | 3.85% | |
| Heavy Electrical Equipment | 0% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 15.3x.
- Analysts are expecting annual earnings growth of 8.7%, which is lower than the prior year's growth of 96.6% per year.
- Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.3x.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 8.7% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 8.7% 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 | |
|---|---|---|---|---|---|
| 4142 Riyadh Cables Group | ر.س128.00 | 10.0% +ر.س1.7b | 69.8% | PE27.4x | |
| 2370 Middle East Specialized Cables | ر.س38.50 | 2.7% +ر.س40.0m | 108.6% | PE19.4x | |
| 2110 Saudi Cable | ر.س97.40 | 0.3% +ر.س2.0m | 70.3% | PE19.6x |