Altharwah Albashariyyah (TADAWUL:9606) Is Posting Healthy Earnings, But It Is Not All Good News
Sep 15
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Saudi Arabian (Tadawul) Professional Services Industry Analysis
UpdatedOct 02, 2025
DataAggregated Company Financials
Companies9
- 7D2.0%
- 3M-3.5%
- 1Y-22.5%
- YTD-14.5%
Over the last 7 days, the Professional Services industry has risen 2.0%, driven by gains in Maharah for Human Resources and Almawarid Manpower of 3.0% and 3.3%, respectively. In the past year, the industry is down 23%. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Saudi Arabian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 Oct 2025 | ر.س9.2b | ر.س8.6b | ر.س487.4m | 17.2x | 18.8x | 1.1x |
| Sat, 30 Aug 2025 | ر.س9.3b | ر.س8.5b | ر.س486.6m | 17.4x | 19x | 1.1x |
| Mon, 28 Jul 2025 | ر.س9.3b | ر.س8.0b | ر.س498.3m | 17.4x | 18.7x | 1.2x |
| Wed, 25 Jun 2025 | ر.س9.5b | ر.س7.9b | ر.س515.1m | 16.4x | 18.4x | 1.2x |
| Fri, 23 May 2025 | ر.س9.8b | ر.س7.9b | ر.س498.7m | 17.9x | 19.7x | 1.2x |
| Sun, 20 Apr 2025 | ر.س10.4b | ر.س7.4b | ر.س512.3m | 19.8x | 20.3x | 1.4x |
| Tue, 18 Mar 2025 | ر.س10.5b | ر.س6.1b | ر.س451.8m | 20x | 23.2x | 1.7x |
| Thu, 13 Feb 2025 | ر.س11.7b | ر.س6.1b | ر.س451.8m | 21x | 26x | 1.9x |
| Sat, 11 Jan 2025 | ر.س11.2b | ر.س6.0b | ر.س431.8m | 22x | 25.9x | 1.9x |
| Mon, 09 Dec 2024 | ر.س10.7b | ر.س6.0b | ر.س421.5m | 21.1x | 25.3x | 1.8x |
| Wed, 06 Nov 2024 | ر.س9.3b | ر.س5.7b | ر.س438.6m | 19.9x | 21.2x | 1.6x |
| Fri, 04 Oct 2024 | ر.س9.4b | ر.س5.7b | ر.س431.9m | 21x | 21.8x | 1.7x |
| Sun, 01 Sep 2024 | ر.س9.8b | ر.س5.6b | ر.س430.8m | 22.6x | 22.8x | 1.7x |
| Tue, 30 Jul 2024 | ر.س10.1b | ر.س5.4b | ر.س417.5m | 25.5x | 24.3x | 1.9x |
| Thu, 27 Jun 2024 | ر.س8.6b | ر.س5.4b | ر.س417.0m | 19.2x | 20.5x | 1.6x |
| Sat, 25 May 2024 | ر.س5.4b | ر.س3.6b | ر.س246.5m | 22.1x | 21.8x | 1.5x |
| Mon, 22 Apr 2024 | ر.س5.5b | ر.س3.4b | ر.س228.7m | 24.7x | 24.1x | 1.6x |
| Wed, 20 Mar 2024 | ر.س6.8b | ر.س3.3b | ر.س265.9m | 24.8x | 25.5x | 2x |
| Fri, 16 Feb 2024 | ر.س6.0b | ر.س3.3b | ر.س265.9m | 22.5x | 22.5x | 1.8x |
| Sun, 14 Jan 2024 | ر.س6.1b | ر.س3.3b | ر.س265.9m | 22.8x | 23.1x | 1.8x |
| Tue, 12 Dec 2023 | ر.س5.9b | ر.س3.3b | ر.س265.9m | 22.4x | 22.3x | 1.8x |
| Thu, 09 Nov 2023 | ر.س5.7b | ر.س3.2b | ر.س299.3m | 18.8x | 19x | 1.8x |
| Sat, 07 Oct 2023 | ر.س5.4b | ر.س3.2b | ر.س299.3m | 16.2x | 18.1x | 1.7x |
| Mon, 04 Sep 2023 | ر.س5.7b | ر.س3.1b | ر.س295.3m | 20x | 19.2x | 1.8x |
| Wed, 02 Aug 2023 | ر.س5.8b | ر.س3.0b | ر.س271.4m | 25.6x | 21.4x | 1.9x |
| Fri, 30 Jun 2023 | ر.س4.7b | ر.س3.0b | ر.س271.4m | 21.7x | 17.2x | 1.6x |
| Sun, 28 May 2023 | ر.س2.6b | ر.س1.8b | ر.س158.4m | 26.2x | 16.5x | 1.5x |
| Tue, 25 Apr 2023 | ر.س2.5b | ر.س1.8b | ر.س158.4m | 23.8x | 15.7x | 1.4x |
| Thu, 23 Mar 2023 | ر.س2.3b | ر.س1.8b | ر.س157.3m | 29.7x | 14.3x | 1.3x |
| Sat, 18 Feb 2023 | ر.س2.2b | ر.س1.6b | ر.س156.4m | 32x | 14.1x | 1.3x |
| Mon, 16 Jan 2023 | ر.س2.1b | ر.س1.6b | ر.س156.4m | 29.6x | 13.4x | 1.3x |
| Wed, 14 Dec 2022 | ر.س2.0b | ر.س1.6b | ر.س156.4m | 30.1x | 12.9x | 1.2x |
| Fri, 11 Nov 2022 | ر.س2.3b | ر.س1.6b | ر.س156.4m | 32.7x | 14.8x | 1.4x |
| Sun, 09 Oct 2022 | ر.س2.5b | ر.س1.5b | ر.س130.1m | 35.9x | 19.1x | 1.6x |
Price to Earnings Ratio
19.1x
Current Industry PE
- Investors are relatively neutral on the Saudi Professional Services 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 19.9x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have grown 55% per year over the last three years.
- Revenues for these companies have grown 77% 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 Industrials industry?
| SA Market | -0.77% | |
| Industrials | 2.06% | |
| Professional Services | 1.95% | |
| HR Services | 2.00% | |
| Research and Consulting Services | 1.43% | |
Industry PE
- Investors are most optimistic about the HR Services industry, which is trading close to its 3-year average PE ratio of 20.5x.
- Analysts are expecting annual earnings growth of 15.9%, which is lower than the prior year's growth of 21.0% per year.
- Investors are most pessimistic about the Research and Consulting Services industry, which is trading below its 3-year average of 16.1x.
Forecasted Growth
- Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 16% over the next 5 years.
- However this is lower than its past earnings growth rate of 21% per year.
- In contrast, the HR Services industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| 1831 Maharah for Human Resources | ر.س4.82 | 3.0% +ر.س63.0m | -30.4% | PE27.7x | |
| 1833 Almawarid Manpower | ر.س125.00 | 3.3% +ر.س60.0m | 9.3% | PE17.3x | |
| 1834 Saudi Manpower Solutions | ر.س6.04 | 1.7% +ر.س40.0m | -29.3% | PE19.7x | |
| 9570 Tam Development | ر.س94.35 | 6.0% +ر.س17.6m | -51.8% | PE10.3x | |
| 1835 Tamkeen Human Resources | ر.س58.45 | 1.1% +ر.س17.2m | n/a | PE15.4x |
