Elm Company's (TADAWUL:7203) Price In Tune With Earnings
Feb 04
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Saudi Arabian (Tadawul) Tech Sector Analysis
UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies18
- 7D-3.7%
- 3M-12.1%
- 1Y-37.8%
- YTD-11.9%
Over the last 7 days, the Tech industry has dropped 3.7%, driven by Elm declining 7.9%. However, the industry is down 38% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.
Sector Valuation and Performance
Has the Saudi Arabian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 26 Feb 2026 | ر.س87.8b | ر.س26.7b | ر.س4.1b | 16.1x | 21.4x | 3.3x |
| Sat, 24 Jan 2026 | ر.س103.4b | ر.س26.5b | ر.س4.1b | 21.9x | 25x | 3.9x |
| Mon, 22 Dec 2025 | ر.س99.9b | ر.س26.4b | ر.س4.1b | 25x | 24.2x | 3.8x |
| Wed, 19 Nov 2025 | ر.س104.3b | ر.س26.2b | ر.س4.1b | 25x | 25.4x | 4x |
| Fri, 17 Oct 2025 | ر.س117.5b | ر.س25.2b | ر.س4.1b | 28.7x | 28.8x | 4.7x |
| Sun, 14 Sep 2025 | ر.س106.1b | ر.س25.2b | ر.س4.1b | 26.8x | 26.1x | 4.2x |
| Tue, 12 Aug 2025 | ر.س114.8b | ر.س25.1b | ر.س4.1b | 28.3x | 28.1x | 4.6x |
| Thu, 10 Jul 2025 | ر.س121.3b | ر.س24.5b | ر.س4.0b | 25.4x | 30.4x | 5x |
| Sat, 07 Jun 2025 | ر.س125.4b | ر.س23.8b | ر.س4.0b | 32.5x | 31.5x | 5.3x |
| Mon, 05 May 2025 | ر.س125.9b | ر.س23.4b | ر.س3.9b | 29.4x | 32.6x | 5.4x |
| Wed, 02 Apr 2025 | ر.س126.0b | ر.س23.4b | ر.س3.8b | 33.1x | 32.8x | 5.4x |
| Fri, 28 Feb 2025 | ر.س135.7b | ر.س23.0b | ر.س3.7b | 34.6x | 37x | 5.9x |
| Sun, 26 Jan 2025 | ر.س140.9b | ر.س22.1b | ر.س3.5b | 38.8x | 40.2x | 6.4x |
| Tue, 24 Dec 2024 | ر.س138.0b | ر.س22.1b | ر.س3.5b | 38.3x | 39.4x | 6.2x |
| Thu, 21 Nov 2024 | ر.س134.5b | ر.س22.2b | ر.س3.4b | 32.7x | 39.3x | 6.1x |
| Sat, 19 Oct 2024 | ر.س128.8b | ر.س21.9b | ر.س3.2b | 29.8x | 40.6x | 5.9x |
| Mon, 16 Sep 2024 | ر.س126.4b | ر.س21.8b | ر.س3.2b | 30x | 39.9x | 5.8x |
| Wed, 14 Aug 2024 | ر.س122.8b | ر.س21.8b | ر.س3.2b | 28.1x | 38.7x | 5.6x |
| Fri, 12 Jul 2024 | ر.س114.7b | ر.س21.3b | ر.س2.9b | 31.8x | 39.3x | 5.4x |
| Sun, 09 Jun 2024 | ر.س110.2b | ر.س21.0b | ر.س2.9b | 34.9x | 38.2x | 5.2x |
| Tue, 07 May 2024 | ر.س127.9b | ر.س20.7b | ر.س2.8b | 39x | 45.8x | 6.2x |
| Thu, 04 Apr 2024 | ر.س133.0b | ر.س20.6b | ر.س2.9b | 36.5x | 46.7x | 6.5x |
| Sat, 02 Mar 2024 | ر.س139.9b | ر.س20.2b | ر.س2.7b | 37.6x | 51.2x | 6.9x |
| Mon, 29 Jan 2024 | ر.س124.0b | ر.س19.8b | ر.س2.8b | 31.9x | 44.9x | 6.3x |
| Wed, 27 Dec 2023 | ر.س113.8b | ر.س19.8b | ر.س2.8b | 30.6x | 41.2x | 5.8x |
| Fri, 24 Nov 2023 | ر.س105.8b | ر.س19.8b | ر.س2.8b | 27.9x | 38.3x | 5.4x |
| Sun, 22 Oct 2023 | ر.س104.5b | ر.س18.4b | ر.س2.7b | 29x | 38.5x | 5.7x |
| Tue, 19 Sep 2023 | ر.س103.2b | ر.س18.4b | ر.س2.7b | 27x | 38.1x | 5.6x |
| Thu, 17 Aug 2023 | ر.س106.7b | ر.س18.2b | ر.س2.7b | 30.3x | 39.6x | 5.9x |
| Sat, 15 Jul 2023 | ر.س108.2b | ر.س17.2b | ر.س2.4b | 28.9x | 44.2x | 6.3x |
| Mon, 12 Jun 2023 | ر.س95.0b | ر.س17.2b | ر.س2.4b | 29.7x | 38.8x | 5.5x |
| Wed, 10 May 2023 | ر.س78.7b | ر.س16.2b | ر.س2.3b | 27.8x | 34x | 4.9x |
| Fri, 07 Apr 2023 | ر.س76.6b | ر.س16.1b | ر.س2.2b | 27.2x | 34.7x | 4.8x |
| Sun, 05 Mar 2023 | ر.س65.9b | ر.س15.8b | ر.س2.1b | 26.5x | 31.3x | 4.2x |
Price to Earnings Ratio
31.3x
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 21.4x which is lower than its 3-year average PE of 36.3x.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 25% 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 | 0.19% | |
| Tech | -3.71% | |
| Electronic Equipment and Components | 0% | 0 |
| IT | -3.70% | |
| Software | -6.26% | |
Industry PE
- Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 35.8x.
- Analysts are expecting annual earnings growth of 12.4%, which is higher than its past year's earnings growth of 2.9% per year.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 12% over the next 5 years.
- This is better than its past earnings growth rate of 2.9% per year.
- In contrast, the IT industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| 7211 Saudi Azm for Communication and Information Technology | ر.س24.72 | 1.7% +ر.س24.7m | -18.3% | PE33.2x | |
| 9543 Saudi Networkers Services | ر.س76.70 | 2.3% +ر.س10.2m | -11.8% | PE12.8x | |
| 9637 Axelerated Solutions for Information and Communication Technology | ر.س25.96 | 1.0% +ر.س7.3m | n/a | PE11.1x |
