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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies18
  • 7D0.8%
  • 3M-15.4%
  • 1Y-32.9%
  • YTD-13.8%

In the last week, Tech has been flat. As for the longer term, the industry has declined 33% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026ر.س86.2bر.س27.6bر.س4.1b18.5x21.2x3.1x
Fri, 20 Mar 2026ر.س77.1bر.س27.4bر.س4.0b16.2x19.1x2.8x
Sun, 15 Feb 2026ر.س94.1bر.س26.5bر.س4.1b18.3x22.8x3.6x
Tue, 13 Jan 2026ر.س100.5bر.س26.5bر.س4.1b21.6x24.3x3.8x
Thu, 11 Dec 2025ر.س104.9bر.س26.2bر.س4.1b25x25.6x4x
Sat, 08 Nov 2025ر.س104.3bر.س26.2bر.س4.1b22.7x25.5x4x
Mon, 06 Oct 2025ر.س114.0bر.س25.2bر.س4.1b28.5x28x4.5x
Wed, 03 Sep 2025ر.س107.4bر.س25.1bر.س4.1b27.3x26.4x4.3x
Fri, 01 Aug 2025ر.س113.5bر.س24.5bر.س4.0b29.3x28.5x4.6x
Sun, 29 Jun 2025ر.س124.0bر.س24.5bر.س4.0b22.7x30.6x5.1x
Tue, 27 May 2025ر.س127.3bر.س23.8bر.س4.0b33.5x32x5.4x
Thu, 24 Apr 2025ر.س129.0bر.س23.4bر.س3.9b29.1x33.5x5.5x
Sat, 22 Mar 2025ر.س124.3bر.س23.5bر.س3.8b33.7x32.4x5.3x
Mon, 17 Feb 2025ر.س136.7bر.س22.1bر.س3.5b36.4x39.1x6.2x
Wed, 15 Jan 2025ر.س142.3bر.س22.1bر.س3.5b38.2x40.6x6.4x
Fri, 13 Dec 2024ر.س137.8bر.س22.1bر.س3.5b40.5x39.4x6.2x
Sun, 10 Nov 2024ر.س131.4bر.س22.2bر.س3.4b31.9x38.4x5.9x
Tue, 08 Oct 2024ر.س128.8bر.س21.8bر.س3.2b30x40.7x5.9x
Thu, 05 Sep 2024ر.س129.1bر.س21.8bر.س3.2b30x40.8x5.9x
Sat, 03 Aug 2024ر.س120.8bر.س21.4bر.س3.0b37.3x39.9x5.6x
Mon, 01 Jul 2024ر.س115.6bر.س21.3bر.س2.9b33.7x39.6x5.4x
Wed, 29 May 2024ر.س110.6bر.س21.0bر.س2.9b35.7x38.3x5.3x
Fri, 26 Apr 2024ر.س125.6bر.س20.7bر.س2.8b38.1x45x6.1x
Sun, 24 Mar 2024ر.س135.2bر.س20.6bر.س2.9b37.8x47.4x6.6x
Tue, 20 Feb 2024ر.س141.0bر.س19.8bر.س2.8b37.4x51x7.1x
Thu, 18 Jan 2024ر.س125.2bر.س19.8bر.س2.8b30.9x45.3x6.3x
Sat, 16 Dec 2023ر.س111.1bر.س19.8bر.س2.8b29.9x40.2x5.6x
Mon, 13 Nov 2023ر.س102.9bر.س19.5bر.س2.9b25.8x35.9x5.3x
Wed, 11 Oct 2023ر.س106.2bر.س18.4bر.س2.7b29.6x39.1x5.8x
Fri, 08 Sep 2023ر.س111.8bر.س18.4bر.س2.7b27.9x41.1x6.1x
Sun, 06 Aug 2023ر.س103.1bر.س17.2bر.س2.4b31.3x42.1x6x
Tue, 04 Jul 2023ر.س95.4bر.س17.2bر.س2.4b31x38.9x5.6x
Thu, 01 Jun 2023ر.س80.7bر.س16.8bر.س2.4b29.8x33.5x4.8x
Sat, 29 Apr 2023ر.س78.0bر.س16.2bر.س2.3b28.4x33.7x4.8x
Price to Earnings Ratio

33.7x


Total Market Cap: ر.س78.0bTotal Earnings: ر.س2.3bTotal Revenue: ر.س16.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 35.6x202420252026
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 21.2x which is lower than its 3-year average PE of 35.6x.
  • The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 21% 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-1.03%
Tech0.83%
IT0.84%
Electronic Equipment and Components0%0
Software-2.30%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 35.1x.
    • Analysts are expecting annual earnings growth of 10.9%, which is higher than its past year's earnings decline of 4.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 4.2% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 11% 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
7211 Saudi Azm for Communication and Information Technologyر.س24.002.7%
+ر.س37.7m
-16.1%PE32.2x
9538 Naseej for Technologyر.س43.9010.9%
+ر.س21.5m
-17.5%PE42.6x
9558 Alqemam for Computer Systemsر.س65.456.1%
+ر.س11.3m
-28.1%PE41.1x
9645 National Signage Industrialر.س14.509.8%
+ر.س9.7m
n/aPE11.5x
9557 Edarat Communication and Information Technologyر.س380.000.5%
+ر.س9.1m
42.9%PE52.7x

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