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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies18
  • 7D-1.0%
  • 3M-15.6%
  • 1Y-30.8%
  • YTD-1.0%

Over the last 7 days, the Tech industry has remained flat. Unfortunately though, the industry is down 31% over the past 12 months. 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
Sun, 11 Jan 2026ر.س98.6bر.س26.4bر.س4.1b25x23.9x3.7x
Tue, 09 Dec 2025ر.س102.5bر.س26.2bر.س4.1b25x25x3.9x
Thu, 06 Nov 2025ر.س104.3bر.س25.2bر.س4.1b24.7x25.5x4.1x
Sat, 04 Oct 2025ر.س114.0bر.س25.2bر.س4.1b28.3x28x4.5x
Mon, 01 Sep 2025ر.س108.2bر.س25.1bر.س4.1b27.5x26.6x4.3x
Wed, 30 Jul 2025ر.س112.4bر.س24.5bر.س4.0b29.8x28.2x4.6x
Fri, 27 Jun 2025ر.س123.6bر.س24.4bر.س4.0b22.7x30.6x5.1x
Sun, 25 May 2025ر.س128.7bر.س23.8bر.س4.0b33.8x32.4x5.4x
Tue, 22 Apr 2025ر.س126.0bر.س23.4bر.س3.9b29.4x32.7x5.4x
Thu, 20 Mar 2025ر.س124.6bر.س23.5bر.س3.8b33.6x32.5x5.3x
Sat, 15 Feb 2025ر.س135.7bر.س22.1bر.س3.5b36.5x38.8x6.1x
Mon, 13 Jan 2025ر.س140.4bر.س22.1bر.س3.5b38.7x40.1x6.3x
Wed, 11 Dec 2024ر.س138.2bر.س22.1bر.س3.5b40.2x39.5x6.2x
Fri, 08 Nov 2024ر.س131.4bر.س21.9bر.س3.3b31.9x40.3x6x
Sun, 06 Oct 2024ر.س134.0bر.س21.8bر.س3.2b30x42.3x6.1x
Tue, 03 Sep 2024ر.س128.4bر.س21.8bر.س3.2b30.6x40.6x5.9x
Thu, 01 Aug 2024ر.س121.5bر.س21.4bر.س3.0b37x40.1x5.7x
Sat, 29 Jun 2024ر.س115.6bر.س21.3bر.س2.9b33.9x39.6x5.4x
Mon, 27 May 2024ر.س112.1bر.س21.0bر.س2.9b34.9x38.8x5.3x
Wed, 24 Apr 2024ر.س126.8bر.س20.7bر.س2.8b38.5x45.4x6.1x
Fri, 22 Mar 2024ر.س135.5bر.س20.6bر.س2.9b37.8x47.5x6.6x
Sun, 18 Feb 2024ر.س139.9bر.س19.8bر.س2.8b37.4x50.6x7.1x
Tue, 16 Jan 2024ر.س126.7bر.س19.8bر.س2.8b31.6x45.8x6.4x
Thu, 14 Dec 2023ر.س110.2bر.س19.8bر.س2.8b30.1x39.9x5.6x
Sat, 11 Nov 2023ر.س102.9bر.س19.5bر.س2.9b26.9x35.9x5.3x
Mon, 09 Oct 2023ر.س107.1bر.س18.4bر.س2.7b30.1x39.5x5.8x
Wed, 06 Sep 2023ر.س116.6bر.س18.4bر.س2.7b28.6x42.9x6.3x
Fri, 04 Aug 2023ر.س103.8bر.س17.2bر.س2.4b31.3x42.4x6x
Sun, 02 Jul 2023ر.س95.3bر.س17.2bر.س2.4b32.5x38.9x5.5x
Tue, 30 May 2023ر.س80.7bر.س16.8bر.س2.4b29.9x33.6x4.8x
Thu, 27 Apr 2023ر.س78.1bر.س16.2bر.س2.3b28.7x33.8x4.8x
Sat, 25 Mar 2023ر.س72.8bر.س16.1bر.س2.2b27.2x33x4.5x
Mon, 20 Feb 2023ر.س66.3bر.س15.8bر.س2.1b28.4x31.5x4.2x
Wed, 18 Jan 2023ر.س62.7bر.س15.8bر.س2.1b27.3x30.2x4x
Price to Earnings Ratio

30.2x


Total Market Cap: ر.س62.7bTotal Earnings: ر.س2.1bTotal Revenue: ر.س15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 36.6x202420252026
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 23.9x which is lower than its 3-year average PE of 36.6x.
  • The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 3.7x.
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-0.84%
Tech-0.99%
Electronic Equipment and Components0%0
IT-0.99%
Software-1.34%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 36.1x.
    • Analysts are expecting annual earnings growth of 12.9%, 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
7203 Elmر.س750.501.4%
+ر.س777.1m
-35.8%PE27.2x
9557 Edarat Communication and Information Technologyر.س274.009.6%
+ر.س120.7m
-20.3%PE48.7x
9645 National Signage Industrialر.س13.507.9%
+ر.س7.4m
n/an/a
9543 Saudi Networkers Servicesر.س74.500.9%
+ر.س4.2m
-6.3%PE12.4x
9561 Knowledge Net Computerر.س20.703.6%
+ر.س2.5m
-35.3%PS1.5x

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