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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedFeb 17, 2025
DataAggregated Company Financials
Companies15
  • 7D-2.5%
  • 3M2.1%
  • 1Y-1.2%
  • YTD1.1%

Over the last 7 days, the Tech industry has dropped 2.5%, driven by a pullback from Elm of 4.1%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Feb 2025ر.س136.7bر.س22.1bر.س3.5b36.4x39.1x6.2x
Thu, 16 Jan 2025ر.س142.5bر.س22.1bر.س3.5b38.8x40.7x6.4x
Sat, 14 Dec 2024ر.س137.8bر.س22.1bر.س3.5b40.5x39.4x6.2x
Mon, 11 Nov 2024ر.س130.8bر.س22.2bر.س3.4b31.5x38.2x5.9x
Wed, 09 Oct 2024ر.س133.1bر.س21.8bر.س3.2b28.5x42x6.1x
Fri, 06 Sep 2024ر.س128.9bر.س21.8bر.س3.2b30x40.8x5.9x
Sun, 04 Aug 2024ر.س120.8bر.س21.4bر.س3.0b37.3x39.9x5.6x
Tue, 02 Jul 2024ر.س115.8bر.س21.3bر.س2.9b34.2x39.7x5.4x
Thu, 30 May 2024ر.س110.4bر.س21.0bر.س2.9b36.4x38.2x5.2x
Sat, 27 Apr 2024ر.س125.2bر.س20.7bر.س2.8b38.1x44.9x6.1x
Mon, 25 Mar 2024ر.س135.2bر.س20.6bر.س2.9b37.5x47.4x6.6x
Wed, 21 Feb 2024ر.س140.1bر.س19.8bر.س2.8b37.3x50.7x7.1x
Fri, 19 Jan 2024ر.س123.5bر.س19.8bر.س2.8b31.3x44.6x6.2x
Sun, 17 Dec 2023ر.س111.1bر.س19.8bر.س2.8b29.9x40.2x5.6x
Tue, 14 Nov 2023ر.س102.2bر.س19.5bر.س2.9b26.1x35.7x5.2x
Thu, 12 Oct 2023ر.س105.2bر.س18.4bر.س2.7b30.2x38.8x5.7x
Sat, 09 Sep 2023ر.س112.7bر.س18.4bر.س2.7b27.9x41.5x6.1x
Mon, 07 Aug 2023ر.س103.1bر.س17.6bر.س2.5b30.5x41x5.9x
Wed, 05 Jul 2023ر.س96.3bر.س17.2bر.س2.4b30.4x39.3x5.6x
Fri, 02 Jun 2023ر.س80.5bر.س16.8bر.س2.4b30.5x33.5x4.8x
Sun, 30 Apr 2023ر.س78.0bر.س16.2bر.س2.3b28.4x33.7x4.8x
Tue, 28 Mar 2023ر.س71.7bر.س16.1bر.س2.2b26.8x32.5x4.5x
Thu, 23 Feb 2023ر.س67.2bر.س15.8bر.س2.1b27.2x31.9x4.2x
Sat, 21 Jan 2023ر.س63.0bر.س15.8bر.س2.1b24.7x30.2x4x
Mon, 19 Dec 2022ر.س63.5bر.س15.8bر.س2.1b27.5x30.6x4x
Wed, 16 Nov 2022ر.س57.3bر.س14.8bر.س1.9b28.3x29.5x3.9x
Fri, 14 Oct 2022ر.س60.3bر.س14.4bر.س1.8b33.2x33.5x4.2x
Sun, 11 Sep 2022ر.س62.1bر.س14.4bر.س1.8b34.9x34.6x4.3x
Tue, 09 Aug 2022ر.س54.6bر.س13.9bر.س1.7b36.4x32.4x3.9x
Thu, 07 Jul 2022ر.س49.4bر.س13.5bر.س1.7b32.4x29.7x3.7x
Sat, 04 Jun 2022ر.س52.9bر.س13.3bر.س1.6b41.2x32.2x4x
Mon, 02 May 2022ر.س56.2bر.س13.0bر.س1.6b37.7x35.8x4.3x
Wed, 30 Mar 2022ر.س47.3bر.س12.8bر.س1.5b31.9x31.4x3.7x
Fri, 25 Feb 2022ر.س45.1bر.س12.5bر.س1.5b40.6x30.2x3.6x
Price to Earnings Ratio

30.2x


Total Market Cap: ر.س45.1bTotal Earnings: ر.س1.5bTotal Revenue: ر.س12.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 37.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the Saudi Information Technology 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 37.4x.
  • The 3-year average PS ratio of 5.2x is lower than the industry's current PS ratio of 6.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Market0.15%
Tech-2.50%
Communications0%0
Tech Hardware0%0
Electronic Equipment and Components0%0
Semiconductors0%0
IT-2.50%
Software-2.99%
Industry PE
  • Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 36.9x.
    • Analysts are expecting annual earnings growth of 16.6%, which is lower than the prior year's growth of 18.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT industry is expected to see its earnings grow by 17% 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
7202 Arabian Internet and Communication Servicesر.س335.006.3%
+ر.س2.4b
-8.9%PE27.8x
9534 Saudi Azm for Communication and Information Technologyر.س30.152.6%
+ر.س45.0m
100.2%PE64.7x
9558 Alqemam for Computer Systemsر.س114.009.4%
+ر.س29.4m
39.7%PE15.5x
9614 Purity for Information Technologyر.س22.988.6%
+ر.س27.3m
n/aPE79.4x
9543 Saudi Networkers Servicesر.س88.501.4%
+ر.س7.2m
50.0%PE13.1x
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Latest News

9558

ر.س114.00

Alqemam for Computer Systems

7D

9.4%

1Y

39.7%

7203

ر.س1,056.20

Elm

7D

-5.1%

1Y

-2.2%

7202

ر.س335.00

Arabian Internet and Communication Services

7D

6.3%

1Y

-8.9%

9614

ر.س22.98

Purity for Information Technology

7D

8.6%

1Y

n/a

9561

ر.س33.00

Knowledge Net Computer

7D

-5.2%

1Y

10.0%

9543

ر.س88.50

Saudi Networkers Services

7D

1.4%

1Y

50.0%

9557

ر.س635.00

Edarat Communication and Information Technology

7D

-5.2%

1Y

176.7%

7201

ر.س6.54

Arab Sea Information Systems

7D

-3.7%

1Y

-12.2%

9595

ر.س48.90

WSM For Information Technology

7D

1.5%

1Y

n/a