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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedDec 16, 2025
DataAggregated Company Financials
Companies18
  • 7D1.6%
  • 3M-2.8%
  • 1Y-25.2%
  • YTD-23.9%

The Tech industry is up 1.9% in the last week, with Elm up 2.6%. In the past year, the industry is down 26%. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the Saudi Arabian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Dec 2025ر.س104.1bر.س26.4bر.س4.1b25x25.2x3.9x
Thu, 13 Nov 2025ر.س105.8bر.س26.2bر.س4.1b23x25.8x4x
Sat, 11 Oct 2025ر.س116.8bر.س25.2bر.س4.1b28.8x28.7x4.6x
Mon, 08 Sep 2025ر.س108.5bر.س25.1bر.س4.1b27.6x26.7x4.3x
Wed, 06 Aug 2025ر.س116.9bر.س24.6bر.س4.0b29.9x29.4x4.7x
Fri, 04 Jul 2025ر.س120.8bر.س24.5bر.س4.0b25.8x30.2x4.9x
Sun, 01 Jun 2025ر.س125.1bر.س23.8bر.س4.0b31.9x31.5x5.3x
Tue, 29 Apr 2025ر.س126.7bر.س23.4bر.س3.9b30x32.9x5.4x
Thu, 27 Mar 2025ر.س125.9bر.س23.5bر.س3.8b33x32.8x5.4x
Sat, 22 Feb 2025ر.س137.6bر.س23.0bر.س3.7b36x37.5x6x
Mon, 20 Jan 2025ر.س147.4bر.س22.1bر.س3.5b39.1x42.1x6.7x
Wed, 18 Dec 2024ر.س136.3bر.س22.1bر.س3.5b39.1x38.9x6.2x
Fri, 15 Nov 2024ر.س131.7bر.س22.2bر.س3.4b30.8x38.5x5.9x
Sun, 13 Oct 2024ر.س132.3bر.س21.9bر.س3.2b28.5x41.7x6.1x
Tue, 10 Sep 2024ر.س127.7bر.س21.8bر.س3.2b29.6x40.3x5.8x
Thu, 08 Aug 2024ر.س121.5bر.س21.8bر.س3.1b34x38.6x5.6x
Sat, 06 Jul 2024ر.س113.9bر.س21.3bر.س2.9b33x39x5.4x
Mon, 03 Jun 2024ر.س106.9bر.س21.0bر.س2.9b36.2x37x5.1x
Wed, 01 May 2024ر.س127.1bر.س20.7bر.س2.8b39.2x45.5x6.1x
Fri, 29 Mar 2024ر.س133.7bر.س20.6bر.س2.9b37.2x46.9x6.5x
Sun, 25 Feb 2024ر.س138.9bر.س19.8bر.س2.8b37.1x50.2x7x
Tue, 23 Jan 2024ر.س121.6bر.س19.8bر.س2.8b30.9x44x6.2x
Thu, 21 Dec 2023ر.س111.1bر.س19.8bر.س2.8b29.7x40.2x5.6x
Sat, 18 Nov 2023ر.س105.4bر.س19.6bر.س2.9b26.5x36.9x5.4x
Mon, 16 Oct 2023ر.س103.6bر.س18.4bر.س2.7b28.9x38.2x5.6x
Wed, 13 Sep 2023ر.س105.9bر.س18.4bر.س2.7b26.7x39x5.8x
Fri, 11 Aug 2023ر.س103.9bر.س17.8bر.س2.5b30.8x41.3x5.8x
Sun, 09 Jul 2023ر.س95.6bر.س17.2bر.س2.4b29.8x39x5.6x
Tue, 06 Jun 2023ر.س87.4bر.س17.1bر.س2.4b29x35.7x5.1x
Thu, 04 May 2023ر.س76.9bر.س16.2bر.س2.3b27.4x33.3x4.8x
Sat, 01 Apr 2023ر.س73.5bر.س16.1bر.س2.2b27.4x33.3x4.6x
Mon, 27 Feb 2023ر.س66.9bر.س15.8bر.س2.1b27.2x31.8x4.2x
Wed, 25 Jan 2023ر.س63.3bر.س15.8bر.س2.1b24.6x30.4x4x
Fri, 23 Dec 2022ر.س62.4bر.س15.8bر.س2.1b27.2x30.1x4x
Price to Earnings Ratio

30.1x


Total Market Cap: ر.س62.4bTotal Earnings: ر.س2.1bTotal Revenue: ر.س15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 36.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Saudi Information Technology 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 25.0x which is lower than its 3-year average PE of 36.7x.
  • The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Tech sector?

SA Market-0.96%
Tech1.58%
IT1.60%
Electronic Equipment and Components0%0
Software-1.98%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 36.3x.
    • Analysts are expecting annual earnings growth of 13.5%, which is higher than its past year's earnings growth of 8.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 8.3% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 13% 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
9639 Anmat Technology for Tradingر.س8.504.9%
+ر.س17.2m		n/aPE10.6x
9557 Edarat Communication and Information Technologyر.س227.901.3%
+ر.س14.6m		-30.1%PE40.5x
9550 Sure Global Techر.س54.652.8%
+ر.س11.3m		-39.4%PE13.1x

Latest News

7202
ر.س224.60
Arabian Internet and Communication Services
7D
-1.5%
1Y
-19.1%
9550
ر.س54.65
Sure Global Tech
7D
2.8%
1Y
-39.4%

Sure Global Tech (TADAWUL:9550) Knows How To Allocate Capital

Dec 09
Sure Global Tech (TADAWUL:9550) Knows How To Allocate Capital
9637
ر.س24.50
Axelerated Solutions for Information and Communication Technology
7D
-2.2%
1Y
n/a
9639
ر.س8.50
Anmat Technology for Trading
7D
4.9%
1Y
n/a
9645
ر.س12.30
National Signage Industrial
7D
-17.9%
1Y
n/a
7203
ر.س793.50
Elm
7D
-1.4%
1Y
-29.5%

Under The Bonnet, Elm's (TADAWUL:7203) Returns Look Impressive

Nov 26
Under The Bonnet, Elm's (TADAWUL:7203) Returns Look Impressive
7201
ر.س4.29
Arab Sea Information Systems
7D
-3.6%
1Y
-35.7%
7204
ر.س8.24
Perfect Presentation for Commercial Services
7D
-6.2%
1Y
-40.7%
7200
ر.س155.00
Al Moammar Information Systems
7D
-2.1%
1Y
-5.3%
7211
ر.س24.75
Saudi Azm for Communication and Information Technology
7D
-3.5%
1Y
-17.9%
9557
ر.س227.90
Edarat Communication and Information Technology
7D
1.3%
1Y
-30.1%