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Saudi Arabian (Tadawul) Professional Services Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies6
- 7D-0.7%
- 3M-8.9%
- 1Y8.4%
- YTD-9.4%
Over the last 7 days, the Professional Services industry has dropped 2.6%, driven by Maharah for Human Resources declining 1.7%. This takes the industry's 12 month performance to a gain of 7.3%. Earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | ر.س9.0b | ر.س6.0b | ر.س421.5m | 21.8x | 21.4x | 1.5x |
| Fri, 18 Oct 2024 | ر.س9.3b | ر.س5.7b | ر.س431.9m | 20x | 21.5x | 1.6x |
| Sun, 15 Sep 2024 | ر.س9.4b | ر.س5.7b | ر.س431.9m | 21.9x | 21.8x | 1.7x |
| Tue, 13 Aug 2024 | ر.س9.3b | ر.س5.4b | ر.س417.5m | 22.1x | 22.4x | 1.7x |
| Thu, 11 Jul 2024 | ر.س9.0b | ر.س5.4b | ر.س417.5m | 21x | 21.5x | 1.7x |
| Sat, 08 Jun 2024 | ر.س5.2b | ر.س3.6b | ر.س250.7m | 20.7x | 20.7x | 1.5x |
| Mon, 06 May 2024 | ر.س5.6b | ر.س3.4b | ر.س228.7m | 25.4x | 24.5x | 1.6x |
| Wed, 03 Apr 2024 | ر.س5.6b | ر.س3.3b | ر.س265.9m | 21.4x | 21.2x | 1.7x |
| Fri, 01 Mar 2024 | ر.س6.3b | ر.س3.3b | ر.س265.9m | 23.1x | 23.7x | 1.9x |
| Sun, 28 Jan 2024 | ر.س6.2b | ر.س3.3b | ر.س265.9m | 22.8x | 23.1x | 1.8x |
| Tue, 26 Dec 2023 | ر.س6.0b | ر.س3.3b | ر.س265.9m | 22.3x | 22.4x | 1.8x |
| Thu, 23 Nov 2023 | ر.س5.4b | ر.س3.3b | ر.س265.9m | 20.1x | 20.3x | 1.6x |
| Sat, 21 Oct 2023 | ر.س5.4b | ر.س3.2b | ر.س299.3m | 18x | 18.1x | 1.7x |
| Mon, 18 Sep 2023 | ر.س6.0b | ر.س3.2b | ر.س299.0m | 20.2x | 20x | 1.9x |
| Wed, 16 Aug 2023 | ر.س5.6b | ر.س3.0b | ر.س283.2m | 20.6x | 19.7x | 1.8x |
| Fri, 14 Jul 2023 | ر.س5.5b | ر.س3.0b | ر.س271.4m | 24.5x | 20.3x | 1.8x |
| Sun, 11 Jun 2023 | ر.س2.7b | ر.س1.8b | ر.س170.1m | 24.6x | 15.8x | 1.5x |
| Tue, 09 May 2023 | ر.س2.5b | ر.س1.8b | ر.س158.4m | 25x | 15.7x | 1.4x |
| Thu, 06 Apr 2023 | ر.س2.4b | ر.س1.8b | ر.س157.3m | 30.4x | 15.3x | 1.4x |
| Sat, 04 Mar 2023 | ر.س2.4b | ر.س1.6b | ر.س156.4m | 31.7x | 15.1x | 1.4x |
| Mon, 30 Jan 2023 | ر.س2.1b | ر.س1.6b | ر.س156.4m | 29.2x | 13.7x | 1.3x |
| Wed, 28 Dec 2022 | ر.س2.0b | ر.س1.6b | ر.س156.4m | 28.5x | 13x | 1.2x |
| Fri, 25 Nov 2022 | ر.س2.2b | ر.س1.6b | ر.س156.4m | 32.2x | 14x | 1.3x |
| Sun, 23 Oct 2022 | ر.س2.5b | ر.س1.5b | ر.س130.1m | 38.5x | 19.3x | 1.6x |
| Tue, 20 Sep 2022 | ر.س2.4b | ر.س1.5b | ر.س126.9m | 18.8x | 18.7x | 1.6x |
| Thu, 18 Aug 2022 | ر.س2.5b | ر.س1.5b | ر.س126.9m | 19.6x | 19.5x | 1.7x |
| Sat, 16 Jul 2022 | ر.س2.2b | ر.س1.4b | ر.س138.4m | 15.6x | 15.6x | 1.6x |
| Mon, 13 Jun 2022 | ر.س2.5b | ر.س1.4b | ر.س138.4m | 18x | 18x | 1.8x |
| Wed, 11 May 2022 | ر.س3.0b | ر.س1.3b | ر.س144.9m | 20.9x | 20.9x | 2.3x |
| Fri, 08 Apr 2022 | ر.س3.0b | ر.س1.3b | ر.س144.9m | 20.8x | 20.8x | 2.3x |
| Sun, 06 Mar 2022 | ر.س2.8b | ر.س1.3b | ر.س128.2m | 22.2x | 22.2x | 2.2x |
| Tue, 01 Feb 2022 | ر.س3.0b | ر.س1.3b | ر.س128.2m | 23.4x | 23.4x | 2.3x |
| Thu, 30 Dec 2021 | ر.س2.8b | ر.س1.3b | ر.س128.2m | 22.1x | 22.1x | 2.2x |
| Sat, 27 Nov 2021 | ر.س2.9b | ر.س1.3b | ر.س128.2m | 22.7x | 22.7x | 2.2x |
Price to Earnings Ratio
22.7x
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 19.6x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 66% 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 | -0.79% | |
| Industrials | -1.34% | |
| Professional Services | -0.67% | |
| Research and Consulting Services | -0.10% | |
| HR Services | -0.71% | |
Industry PE
- Investors are most optimistic about the HR Services industry, which is trading close to its 3-year average PE ratio of 19.8x.
- Analysts are expecting annual earnings growth of 14.9%, which is lower than the prior year's growth of 27.3% per year.
- Investors are most pessimistic about the Research and Consulting Services industry, which is trading below its 3-year average of 17.3x.
Forecasted Growth
- Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 19% over the next 5 years.
- However this is lower than its past earnings growth rate of 56% per year.
- In contrast, the HR Services 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 | |
|---|---|---|---|---|---|
| 1833 Almawarid Manpower | ر.س108.00 | 0.6% +ر.س9.0m | -12.5% | PE18.4x | |
| 9545 International Human Resources | ر.س5.50 | 1.7% +ر.س4.5m | 39.9% | PE69.9x |
