Header cover image

Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedDec 23, 2025
DataAggregated Company Financials
Companies18
  • 7D-5.0%
  • 3M-13.2%
  • 1Y-29.4%
  • YTD-27.8%

Over the last 7 days, the Tech industry has dropped 3.3%, driven by a pullback from Elm of 5.3%. However, the industry is down 28% over the past year. 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, 23 Dec 2025ر.س98.9bر.س26.4bر.س4.1b25x23.9x3.7x
Thu, 20 Nov 2025ر.س103.3bر.س26.2bر.س4.1b25x25.2x3.9x
Sat, 18 Oct 2025ر.س117.4bر.س25.2bر.س4.1b22.6x28.8x4.7x
Mon, 15 Sep 2025ر.س106.1bر.س25.2bر.س4.1b26.8x26.1x4.2x
Wed, 13 Aug 2025ر.س113.8bر.س25.1bر.س4.1b28.8x27.8x4.5x
Fri, 11 Jul 2025ر.س120.8bر.س24.5bر.س4.0b25.2x30.3x4.9x
Sun, 08 Jun 2025ر.س125.4bر.س23.8bر.س4.0b32.5x31.5x5.3x
Tue, 06 May 2025ر.س126.1bر.س23.4bر.س3.9b30x32.7x5.4x
Thu, 03 Apr 2025ر.س126.0bر.س23.4bر.س3.8b33.1x32.8x5.4x
Sat, 01 Mar 2025ر.س135.7bر.س23.0bر.س3.7b34.6x37x5.9x
Mon, 27 Jan 2025ر.س140.9bر.س22.1bر.س3.5b38x40.2x6.4x
Wed, 25 Dec 2024ر.س136.5bر.س22.1bر.س3.5b38.2x39x6.2x
Fri, 22 Nov 2024ر.س133.3bر.س22.2bر.س3.4b33.9x39x6x
Sun, 20 Oct 2024ر.س128.8bر.س21.9bر.س3.2b29.8x40.6x5.9x
Tue, 17 Sep 2024ر.س128.4bر.س21.8bر.س3.2b30x40.5x5.9x
Thu, 15 Aug 2024ر.س126.6bر.س21.8bر.س3.2b28.8x39.9x5.8x
Sat, 13 Jul 2024ر.س114.7bر.س21.3bر.س2.9b31.8x39.3x5.4x
Mon, 10 Jun 2024ر.س110.2bر.س21.0bر.س2.9b35x38.2x5.2x
Wed, 08 May 2024ر.س123.8bر.س20.7bر.س2.8b38.7x44.4x6x
Fri, 05 Apr 2024ر.س135.3bر.س20.6bر.س2.9b37.1x47.5x6.6x
Sun, 03 Mar 2024ر.س139.9bر.س20.2bر.س2.7b37.6x51.2x6.9x
Tue, 30 Jan 2024ر.س123.6bر.س19.8bر.س2.8b32x44.7x6.3x
Thu, 28 Dec 2023ر.س113.3bر.س19.8bر.س2.8b30x41x5.7x
Sat, 25 Nov 2023ر.س105.3bر.س19.8bر.س2.8b27.5x38.1x5.3x
Mon, 23 Oct 2023ر.س102.7bر.س18.4bر.س2.7b26.9x37.8x5.6x
Wed, 20 Sep 2023ر.س102.0bر.س18.4bر.س2.7b27.7x37.6x5.5x
Fri, 18 Aug 2023ر.س106.2bر.س18.2bر.س2.7b30.4x39.5x5.8x
Sun, 16 Jul 2023ر.س108.2bر.س17.2bر.س2.4b28.9x44.2x6.3x
Tue, 13 Jun 2023ر.س97.9bر.س17.2bر.س2.4b29.9x40x5.7x
Thu, 11 May 2023ر.س79.6bر.س16.2bر.س2.3b27.4x34.4x4.9x
Sat, 08 Apr 2023ر.س76.4bر.س15.9bر.س2.3b27.2x33.4x4.8x
Mon, 06 Mar 2023ر.س65.5bر.س15.8bر.س2.1b26.3x31.1x4.1x
Wed, 01 Feb 2023ر.س65.8bر.س15.8bر.س2.1b24.8x31.3x4.2x
Fri, 30 Dec 2022ر.س62.4bر.س15.8bر.س2.1b27x30.1x4x
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 24.2x 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 3.8x.
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-0.71%
Tech-5.04%
Electronic Equipment and Components0%0
IT-5.04%
Software-5.05%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 36.2x.
    • Analysts are expecting annual earnings growth of 13.2%, 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
9550 Sure Global Techر.س62.4013.0%
+ر.س54.2m
-28.3%PE15x
9639 Anmat Technology for Tradingر.س8.5011.1%
+ر.س36.6m
n/aPE10.6x
9637 Axelerated Solutions for Information and Communication Technologyر.س25.024.1%
+ر.س27.7m
n/aPE10.7x
9614 Purity for Information Technologyر.س20.572.9%
+ر.س8.6m
-5.6%PE77.5x

Latest News